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Reliance Tax Saver
Disclosed for 84 months, Sep 2012 to Aug 2019. This scheme is no longer reporting.Published as: RELIANCE TAX SAVER (ELSS) FUND (An open ended equity linked saving scheme with a statutory lock in of 3 years and tax benefit)
Portfolio value
₹1,717 Cr
up ₹66.8 Cr vs Aug 2013
- Stocks held
- 50
- unchanged
- Top 10 weight
- 37.8%
- of the portfolio in its ten largest
Reliance Tax Saver is an active equity fund in the ELSS (tax saving) category from Nippon India Mutual Fund. In September 2013 it disclosed 50 stocks worth ₹1,717 Cr, up ₹66.8 Cr from Aug 2013. Its largest positions were TVS Motor Company Limited (5.1%), State Bank of India (4.7%), Sanofi India Limited (4.4%); the ten largest together made up 37.8% of the portfolio, and Electrical Equipment was the biggest sector at 11.5% of its equity. Cash and debt stood at 0.1%. Compared with Aug 2013 the fund entered 5 new stocks and exited 5.
Against 47 other ELSS (tax saving) funds
Concentration
32%
Top-10 weight is higher than 32% of peers
Breadth
38%
Holds more stocks than 38% of peers
Cash
2%
Holds more cash than 2% of peers
What these mean: concentration · cash
Holdings in September 2013
Download CSVEvery line the fund disclosed, with the change against Aug 2013. Click a column to sort; click a company to see every fund that owns it. New to these? How to read a portfolio.
| TVS Motor Company Limited | 5.06% | up 0.68 pts | ₹86.9 Cr | up ₹14.6 Cr | Added |
| State Bank of India | 4.66% | up 0.10 pts | ₹79.9 Cr | up ₹4.7 Cr | Added |
| Sanofi India Limited | 4.40% | up 0.18 pts | ₹75.6 Cr | up ₹5.9 Cr | Added |
| Bharti Airtel Limited | 3.76% | up 3.76 pts | ₹64.5 Cr | up ₹64.5 Cr | New |
| Bharat Forge Limited | 3.55% | down <0.01 pts | ₹60.9 Cr | up ₹2.3 Cr | Added |
| Hindustan Petroleum Corporation Limited | 3.39% | up 1.56 pts | ₹58.3 Cr | up ₹28.1 Cr | Added |
| Larsen & Toubro Limited | 3.31% | up 0.15 pts | ₹56.8 Cr | up ₹4.6 Cr | Added |
| Federal-Mogul Goetze (India) Limited. | 3.30% | down 0.13 pts | ₹56.7 Cr | up ₹14 L | Held |
| GE Vernova T&D India Limited | 3.26% | down 0.22 pts | ₹56 Cr | down ₹1.4 Cr | Trimmed |
| The Ramco Cements Limited | 3.11% | up 0.35 pts | ₹53.4 Cr | up ₹7.9 Cr | Added |
| Divi's Laboratories Limited | 3.05% | down 0.20 pts | ₹52.4 Cr | down ₹1.3 Cr | Trimmed |
| Trent Limited | 2.91% | down 0.17 pts | ₹49.9 Cr | down ₹87 L | Trimmed |
| Vedanta Limited | 2.84% | up 2.84 pts | ₹48.8 Cr | up ₹48.8 Cr | New |
| Schneider Electric Infrastructure Limited | 2.82% | down 0.12 pts | ₹48.5 Cr | down ₹17 L | Held |
| Eicher Motors Limited | 2.80% | up 0.18 pts | ₹48.1 Cr | up ₹4.9 Cr | Added |
| Shoppers Stop Limited | 2.68% | up 0.99 pts | ₹46.1 Cr | up ₹18.2 Cr | Added |
| JK Cement Limited | 2.65% | up 0.09 pts | ₹45.6 Cr | up ₹3.3 Cr | Added |
| Honeywell Automation India Limited | 2.34% | up 0.04 pts | ₹40.1 Cr | up ₹2.3 Cr | Added |
| Hathway Cable & Datacom Limited | 2.33% | up 0.09 pts | ₹40.1 Cr | up ₹3.1 Cr | Added |
| HDFC Bank Limited | 2.33% | down 0.75 pts | ₹40 Cr | down ₹10.8 Cr | Trimmed |
| CG Power and Industrial Solutions Limited | 2.12% | up 0.48 pts | ₹36.4 Cr | up ₹9.4 Cr | Added |
| UltraTech Cement Limited | 1.90% | up 0.69 pts | ₹32.6 Cr | up ₹12.7 Cr | Added |
| LIC Housing Finance Limited | 1.87% | up 0.15 pts | ₹32.1 Cr | up ₹3.8 Cr | Added |
| Canara Bank | 1.86% | up 0.09 pts | ₹31.9 Cr | up ₹2.7 Cr | Added |
| Indian Metals & Ferro Alloys Limited | 1.83% | up 0.16 pts | ₹31.4 Cr | up ₹3.9 Cr | Added |
| Siemens Limited | 1.82% | up 0.10 pts | ₹31.3 Cr | up ₹2.9 Cr | Added |
| Cummins India Limited | 1.79% | down <0.01 pts | ₹30.8 Cr | up ₹1.1 Cr | Added |
| Hindalco Industries Limited | 1.76% | up 1.19 pts | ₹30.2 Cr | up ₹20.8 Cr | Added |
| KSB Limited | 1.70% | up 0.09 pts | ₹29.3 Cr | up ₹2.6 Cr | Added |
| SML ISUZU LTD. | 1.67% | down 0.33 pts | ₹28.6 Cr | down ₹4.3 Cr | Trimmed |
| Info Edge (India) Limited | 1.66% | down 0.15 pts | ₹28.6 Cr | down ₹1.4 Cr | Trimmed |
| Swaraj Engines Limited | 1.64% | down 0.07 pts | ₹28.2 Cr | down ₹0 L | Held |
| Jindal Steel & Power Limited | 1.60% | down 0.79 pts | ₹27.5 Cr | down ₹12 Cr | Trimmed |
| ABB India Limited | 1.43% | up 0.04 pts | ₹24.6 Cr | up ₹1.6 Cr | Added |
| Infosys Limited | 1.26% | up 1.26 pts | ₹21.7 Cr | up ₹21.7 Cr | New |
| Kennametal India Limited | 1.21% | down 0.01 pts | ₹20.7 Cr | up ₹66 L | Added |
| Prestige Estates Projects Limited | 0.93% | down 0.02 pts | ₹16 Cr | up ₹31 L | Added |
| Anant Raj Limited | 0.91% | down 0.09 pts | ₹15.7 Cr | down ₹95 L | Trimmed |
| Reliance Communications Ltd | 0.83% | up 0.10 pts | ₹14.2 Cr | up ₹2.3 Cr | Added |
| Tree House Education & Accessories Ltd | 0.79% | up 0.07 pts | ₹13.5 Cr | up ₹1.7 Cr | Added |
| PC Jeweller Limited PC Jeweller Ltd. · history in this fund | 0.75% | up 0.04 pts | ₹12.9 Cr | up ₹1.2 Cr | Added |
| The Federal Bank Limited | 0.70% | up 0.70 pts | ₹12.1 Cr | up ₹12.1 Cr | New |
| Yes Bank Limited | 0.62% | up 0.07 pts | ₹10.6 Cr | up ₹1.6 Cr | Added |
| Sundaram Clayton Limited | 0.61% | down 0.02 pts | ₹10.5 Cr | up ₹1 L | Held |
| Ramkrishna Forgings Limited | 0.49% | down 0.06 pts | ₹8.5 Cr | down ₹68 L | Trimmed |
| Reliance Infrastructure Limited | 0.49% | down 1.10 pts | ₹8.3 Cr | down ₹17.8 Cr | Trimmed |
| Tech Mahindra Limited | 0.47% | up 0.47 pts | ₹8 Cr | up ₹8 Cr | New |
| Automotive Axles Limited | 0.32% | down <0.01 pts | ₹5.4 Cr | up ₹13 L | Added |
| Talwalkars Better Value Fitness Ltd | 0.24% | up 0.01 pts | ₹4.1 Cr | up ₹34 L | Added |
| Cash, TREPS & receivables | 0.10% | down 4.14 pts | ₹1.6 Cr | down ₹68.3 Cr | Trimmed |
What changed, Aug 2013 to Sep 2013
New New positions (5)
- Bharti Airtel Limited3.8% · ₹64.5 Cr
- Vedanta Limited2.8% · ₹48.8 Cr
- Infosys Limited1.3% · ₹21.7 Cr
- The Federal Bank Limited0.7% · ₹12.1 Cr
- Tech Mahindra Limited0.5% · ₹8 Cr
Exited Exited (5)
- Reliance Industries Limitedwas 4.7% · ₹76.8 Cr
- Maruti Suzuki India Limitedwas 1.4% · ₹22.4 Cr
- Housing Development Finance Corporation Limitedwas 1.2% · ₹19.4 Cr
Sectors
Which sectors the fund is moving towards and away from, and where its money sits now. Shares are of the fund’s classified equity holdings, so they add up to 100%.
Where the weight moved
Compared with
Since Aug 2013, the weight rose most in Telecom - Services (+3.8 pts) and Diversified Metals (+2.8 pts), and fell most in Petroleum Products (−3.4 pts) and Power (−1.2 pts).
- Telecom - Services0.8% → 4.6%+3.8 pts
- Diversified Metals0.0% → 2.8%new+2.8 pts
- IT - Software0.1% → 1.8%+1.7 pts
- Non - Ferrous Metals0.6% → 1.8%+1.2 pts
- Retailing6.9% → 7.3%+0.4 pts
- Petroleum Products6.8% → 3.4%−3.4 pts
- Power1.7% → 0.5%−1.2 pts
- Finance3.0% → 1.9%−1.1 pts
- Automobiles8.7% → 7.9%−0.9 pts
- Ferrous Metals4.2% → 3.4%−0.8 pts
- Pharmaceuticals & Biotechnology8.0% → 7.5%−0.5 pts
A sector’s weight changes when the fund buys or sells, and also when its shares rise or fall in price, so a change is not by itself a sign of buying or selling.
Main sectors’ weights over time
| Sector | Sep 2012 | Mar 2013 | Jun 2013 | Aug 2013 | Sep 2013 |
|---|---|---|---|---|---|
| Electrical Equipment | 15.0% | 11.7% | 13.5% | 11.7% | 11.5% |
| Banks | 9.8% | 10.4% | 8.5% | 10.4% | 10.2% |
| Industrial Products | 12.8% | 11.5% | 12.1% | 9.1% | 8.7% |
| Automobiles | 15.5% | 13.7% | 14.9% | 8.7% | 7.9% |
| Cement & Cement Products | 6.4% | 5.7% | 5.7% | 7.8% | 7.7% |
| Pharmaceuticals & Biotechnology | 7.2% | 8.6% | 8.1% | 8.0% | 7.5% |
| Retailing | 6.1% | 7.0% | 6.7% | 6.9% | 7.3% |
| Telecom - Services | 0.2% | 0.2% | 0.6% | 0.8% | 4.6% |
| Auto Ancillaries | 2.5% | 3.0% | 3.9% | 4.6% | 4.2% |
| Ferrous Metals | 0.9% | 0.9% | 1.5% | 4.2% | 3.4% |
Allocation in Sep 2013change vs Aug 2013
Cash and debt
The share of the portfolio not in shares: cash and net receivables, money-market instruments and bonds, as disclosed each month. Cash can dip below zero when payables, often on derivative positions, exceed it. A change here describes what the fund did; it is not a signal. More on reading cash.
Cash & debt, Sep 2013
0.1%
▼ 4.1 pts vs Aug 2013
- Cash alone
- 0.1%
- cash and net receivables
- A year earlier
- <0.1%
- Sep 2012 · now ▲ 0.1 pts
- Last 12 months
- −<0.1% – 4.2%
- lowest to highest · record 4.2% in Aug 2013
History
Disclosed portfolio value by month, with the stocks the fund entered and exited against its previous disclosure. Every month is a link to that portfolio.