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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
₹1,903 Cr
up ₹46.4 Cr vs Oct 2013
- Stocks held
- 48
- down 2 vs Oct 2013
- Top 10 weight
- 39.6%
Reliance Tax Saver is an active equity fund in the ELSS (tax saving) category from Nippon India Mutual Fund. In November 2013 it disclosed 48 stocks worth ₹1,903 Cr, up ₹46.4 Cr from Oct 2013. Its largest positions were TVS Motor Company Limited (5.8%), ICICI Bank Limited (4.5%), Larsen & Toubro Limited (4.0%); the ten largest together made up 39.6% of the portfolio, and Electrical Equipment was the biggest sector at 12.2% of its equity. Cash and debt stood at 0.7%. Compared with Oct 2013 the fund entered 3 new stocks and exited 5.
Against 47 other ELSS (tax saving) funds
Concentration
45%
Top-10 weight is higher than 45% of peers
Breadth
38%
Holds more stocks than 38% of peers
Cash
4%
Holds more cash than 4% of peers
What these mean: concentration · cash
Holdings in November 2013
Download CSVEvery line the fund disclosed, with the change against Oct 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 | 5.80% | up 0.39 pts | ₹110 Cr | up ₹9.9 Cr | Added |
| ICICI Bank Limited | 4.55% | up 4.55 pts | ₹86.6 Cr | up ₹86.6 Cr | New |
| Larsen & Toubro Limited | 3.96% | up 0.18 pts | ₹75.3 Cr | up ₹5.2 Cr | Added |
| ACC Limited | 3.84% | up 1.19 pts | ₹73 Cr | up ₹23.8 Cr | Added |
| GE Vernova T&D India Limited | 3.78% | up 0.54 pts | ₹72 Cr | up ₹11.8 Cr | Added |
| Bharti Airtel Limited | 3.71% | up 0.15 pts | ₹70.6 Cr | up ₹4.6 Cr | Added |
| Bharat Petroleum Corporation Limited | 3.66% | up 0.04 pts | ₹69.7 Cr | up ₹2.5 Cr | Added |
| Sanofi India Limited | 3.57% | up 0.31 pts | ₹67.9 Cr | up ₹7.4 Cr | Added |
| Hindustan Petroleum Corporation Limited | 3.42% | up 0.14 pts | ₹65.2 Cr | up ₹4.1 Cr | Added |
| Eicher Motors Limited | 3.32% | up 0.45 pts | ₹63.3 Cr | up ₹9.8 Cr | Added |
| Divi's Laboratories Limited | 3.27% | up 0.44 pts | ₹62.2 Cr | up ₹9.7 Cr | Added |
| Trent Limited | 2.94% | up 0.27 pts | ₹56 Cr | up ₹6.3 Cr | Added |
| Federal-Mogul Goetze (India) Limited. | 2.93% | down 0.12 pts | ₹55.9 Cr | down ₹78 L | Trimmed |
| Schneider Electric Infrastructure Limited | 2.58% | up 0.04 pts | ₹49.1 Cr | up ₹1.9 Cr | Added |
| Honeywell Automation India Limited | 2.58% | up 0.05 pts | ₹49.1 Cr | up ₹2.2 Cr | Added |
| The Ramco Cements Limited | 2.45% | down 0.20 pts | ₹46.7 Cr | down ₹2.7 Cr | Trimmed |
| JK Cement Limited | 2.33% | down 0.04 pts | ₹44.3 Cr | up ₹36 L | Added |
| Bharat Forge Limited | 2.26% | down 0.07 pts | ₹42.9 Cr | down ₹17 L | Held |
| Shoppers Stop Limited | 2.22% | down 0.17 pts | ₹42.2 Cr | down ₹2.1 Cr | Trimmed |
| CG Power and Industrial Solutions Limited | 2.19% | down 0.22 pts | ₹41.6 Cr | down ₹3.1 Cr | Trimmed |
| Info Edge (India) Limited | 2.11% | up 0.23 pts | ₹40.1 Cr | up ₹5.3 Cr | Added |
| Vedanta Limited | 2.08% | down 0.08 pts | ₹39.5 Cr | down ₹45 L | Trimmed |
| Siemens Limited | 1.97% | down 0.12 pts | ₹37.5 Cr | down ₹1.3 Cr | Trimmed |
| Swaraj Engines Limited | 1.96% | up 0.32 pts | ₹37.3 Cr | up ₹6.8 Cr | Added |
| Hathway Cable & Datacom Limited | 1.92% | down 0.24 pts | ₹36.5 Cr | down ₹3.5 Cr | Trimmed |
| Canara Bank | 1.88% | down 0.12 pts | ₹35.8 Cr | down ₹1.4 Cr | Trimmed |
| KSB Limited | 1.87% | up 0.13 pts | ₹35.6 Cr | up ₹3.3 Cr | Added |
| LIC Housing Finance Limited | 1.87% | down 0.20 pts | ₹35.6 Cr | down ₹2.8 Cr | Trimmed |
| SML ISUZU LTD. | 1.75% | up 0.21 pts | ₹33.4 Cr | up ₹4.6 Cr | Added |
| Indian Metals & Ferro Alloys Limited | 1.74% | down 0.03 pts | ₹33.2 Cr | up ₹22 L | Added |
| Cummins India Limited | 1.71% | up 0.10 pts | ₹32.5 Cr | up ₹2.7 Cr | Added |
| ABB India Limited | 1.60% | up 0.07 pts | ₹30.5 Cr | up ₹2 Cr | Added |
| Reliance Infrastructure Limited | 1.32% | up 0.80 pts | ₹25.2 Cr | up ₹15.5 Cr | Added |
| Kennametal India Limited | 1.28% | up 0.01 pts | ₹24.4 Cr | up ₹87 L | Added |
| Jindal Steel & Power Limited | 1.22% | up 0.06 pts | ₹23.2 Cr | up ₹1.6 Cr | Added |
| Prestige Estates Projects Limited | 1.05% | down <0.01 pts | ₹19.9 Cr | up ₹48 L | Added |
| Anant Raj Limited | 0.96% | down 0.17 pts | ₹18.3 Cr | down ₹2.7 Cr | Trimmed |
| Yes Bank Limited | 0.72% | down 0.02 pts | ₹13.6 Cr | down ₹1 L | Held |
| Reliance Communications Ltd | 0.70% | down 0.06 pts | ₹13.4 Cr | down ₹81 L | Trimmed |
| Tree House Education & Accessories Ltd | 0.69% | down 0.05 pts | ₹13 Cr | down ₹55 L | Trimmed |
| Cash, TREPS & receivables | 0.67% | down 2.63 pts | ₹12.7 Cr | down ₹48.5 Cr | Trimmed |
| PC Jeweller Limited PC Jeweller Ltd. · history in this fund | 0.65% | down 0.12 pts | ₹12.3 Cr | down ₹1.9 Cr | Trimmed |
| Sundaram Clayton Limited | 0.61% | up 0.05 pts | ₹11.6 Cr | up ₹1.3 Cr | Added |
| ING Vysya Bank Ltd | 0.58% | up 0.58 pts | ₹11.1 Cr | up ₹11.1 Cr | New |
| Ramkrishna Forgings Limited | 0.52% | down 0.02 pts | ₹9.9 Cr | down ₹10 L | Trimmed |
| Vesuvius India Limited Vesuvius India Ltd · history in this fund | 0.45% | up 0.35 pts | ₹8.5 Cr | up ₹6.6 Cr | Added |
| Abbott India Limited | 0.39% | up 0.39 pts | ₹7.4 Cr | up ₹7.4 Cr | New |
| Automotive Axles Limited | 0.35% | down 0.03 pts | ₹6.7 Cr | down ₹44 L | Trimmed |
| Linde India Limited | 0.02% | up <0.01 pts | ₹32 L | up ₹7 L | Added |
What changed, Oct 2013 to Nov 2013
New New positions (3)
- ICICI Bank Limited4.5% · ₹86.6 Cr
- ING Vysya Bank Ltd0.6% · ₹11.1 Cr
- Abbott India Limited0.4% · ₹7.4 Cr
Exited Exited (5)
- State Bank of Indiawas 4.3% · ₹79.3 Cr
- The Federal Bank Limitedwas 1.3% · ₹23.5 Cr
- Hindalco Industries Limitedwas 1.2% · ₹22.8 Cr
- Tech Mahindra Limitedwas 0.5% · ₹9.3 Cr
- Aurionpro Solution Ltd.was 0.1% · ₹1.5 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 Oct 2013, the weight rose most in Pharmaceuticals & Biotechnology (+1.0 pts) and Power (+0.8 pts), and fell most in Non - Ferrous Metals (−1.3 pts) and Banks (−0.8 pts).
- Pharmaceuticals & Biotechnology6.3% → 7.3%+1.0 pts
- Power0.5% → 1.3%+0.8 pts
- Cement & Cement Products7.9% → 8.7%+0.7 pts
- Industrial Products7.7% → 8.3%+0.6 pts
- Automobiles8.6% → 9.2%+0.6 pts
- Auto1.6% → 1.8%+0.2 pts
- Non - Ferrous Metals1.3% → 0.0%exited−1.3 pts
- Banks8.6% → 7.8%−0.8 pts
- IT - Software0.6% → 0.0%exited−0.6 pts
- Media & Entertainment2.2% → 1.9%−0.3 pts
- Finance2.1% → 1.9%−0.3 pts
- Realty2.3% → 2.0%−0.2 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 | Nov 2012 | May 2013 | Aug 2013 | Oct 2013 | Nov 2013 |
|---|---|---|---|---|---|
| Electrical Equipment | 11.9% | 12.9% | 11.7% | 12.2% | 12.2% |
| Automobiles | 15.3% | 16.9% | 8.7% | 8.6% | 9.2% |
| Cement & Cement Products | 6.6% | 4.9% | 7.8% | 7.9% | 8.7% |
| Industrial Products | 11.7% | 12.1% | 9.1% | 7.7% | 8.3% |
| Banks | 10.8% | 8.4% | 10.4% | 8.6% | 7.8% |
| Retailing | 6.4% | 6.8% | 6.9% | 7.2% | 7.3% |
| Pharmaceuticals & Biotechnology | 7.3% | 7.9% | 8.0% | 6.3% | 7.3% |
| Petroleum Products | 3.3% | 2.6% | 6.8% | 7.1% | 7.1% |
| Telecom - Services | 0.2% | — | 0.8% | 4.5% | 4.4% |
| Construction | 2.8% | 5.0% | 3.3% | 3.9% | 4.0% |
Allocation in Nov 2013change vs Oct 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, Nov 2013
0.7%
▼ 2.6 pts vs Oct 2013
- Cash alone
- 0.7%
- cash and net receivables
- A year earlier
- 0.8%
- Nov 2012 · now ▼ 0.2 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.