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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
₹2,027 Cr
up ₹124 Cr vs Nov 2013
- Stocks held
- 48
- unchanged
- Top 10 weight
- 39.5%
- 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 December 2013 it disclosed 48 stocks worth ₹2,027 Cr, up ₹124 Cr from Nov 2013. Its largest positions were TVS Motor Company Limited (7.6%), ACC Limited (4.3%), GE Vernova T&D India Limited (4.0%); the ten largest together made up 39.5% of the portfolio, and Electrical Equipment was the biggest sector at 12.3% of its equity. Cash and debt stood at 0.3%. Compared with Nov 2013 the fund entered 3 new stocks and exited 3.
Against 47 other ELSS (tax saving) funds
Concentration
43%
Top-10 weight is higher than 43% 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 December 2013
Download CSVEvery line the fund disclosed, with the change against Nov 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 | 7.55% | up 1.76 pts | ₹153 Cr | up ₹42.7 Cr | Added |
| ACC Limited | 4.28% | up 0.45 pts | ₹86.8 Cr | up ₹13.8 Cr | Added |
| GE Vernova T&D India Limited | 4.00% | up 0.22 pts | ₹81.2 Cr | up ₹9.2 Cr | Added |
| Trent Limited | 3.54% | up 0.59 pts | ₹71.7 Cr | up ₹15.7 Cr | Added |
| Bharti Airtel Limited | 3.52% | down 0.19 pts | ₹71.3 Cr | up ₹70 L | Added |
| Hindustan Petroleum Corporation Limited | 3.47% | up 0.04 pts | ₹70.2 Cr | up ₹5.1 Cr | Added |
| Eicher Motors Limited | 3.31% | down 0.01 pts | ₹67.2 Cr | up ₹3.9 Cr | Added |
| Sanofi India Limited | 3.27% | down 0.30 pts | ₹66.2 Cr | down ₹1.7 Cr | Trimmed |
| Canara Bank | 3.26% | up 1.38 pts | ₹66 Cr | up ₹30.3 Cr | Added |
| Divi's Laboratories Limited | 3.25% | down 0.02 pts | ₹66 Cr | up ₹3.7 Cr | Added |
| Bharat Petroleum Corporation Limited | 3.19% | down 0.47 pts | ₹64.6 Cr | down ₹5.1 Cr | Trimmed |
| Vedanta Limited | 3.05% | up 0.97 pts | ₹61.8 Cr | up ₹22.2 Cr | Added |
| Oriental Bank of Commerce | 2.95% | up 2.95 pts | ₹59.7 Cr | up ₹59.7 Cr | New |
| Federal-Mogul Goetze (India) Limited. | 2.77% | down 0.16 pts | ₹56.2 Cr | up ₹32 L | Added |
| Shoppers Stop Limited | 2.71% | up 0.50 pts | ₹55 Cr | up ₹12.8 Cr | Added |
| Honeywell Automation India Limited | 2.65% | up 0.07 pts | ₹53.7 Cr | up ₹4.6 Cr | Added |
| Schneider Electric Infrastructure Limited | 2.61% | up 0.03 pts | ₹52.9 Cr | up ₹3.8 Cr | Added |
| The Ramco Cements Limited | 2.55% | up 0.10 pts | ₹51.7 Cr | up ₹5 Cr | Added |
| Siemens Limited | 2.36% | up 0.40 pts | ₹47.9 Cr | up ₹10.4 Cr | Added |
| Bharat Forge Limited | 2.33% | up 0.07 pts | ₹47.2 Cr | up ₹4.3 Cr | Added |
| Larsen & Toubro Limited | 2.26% | down 1.70 pts | ₹45.8 Cr | down ₹29.6 Cr | Trimmed |
| JK Cement Limited | 2.23% | down 0.10 pts | ₹45.2 Cr | up ₹93 L | Added |
| Info Edge (India) Limited | 2.05% | down 0.06 pts | ₹41.6 Cr | up ₹1.4 Cr | Added |
| Hathway Cable & Datacom Limited | 1.96% | up 0.04 pts | ₹39.6 Cr | up ₹3.1 Cr | Added |
| Swaraj Engines Limited | 1.93% | down 0.03 pts | ₹39.1 Cr | up ₹1.8 Cr | Added |
| KSB Limited | 1.80% | down 0.07 pts | ₹36.5 Cr | up ₹87 L | Added |
| Cummins India Limited | 1.78% | up 0.07 pts | ₹36.2 Cr | up ₹3.6 Cr | Added |
| SML ISUZU LTD. | 1.75% | down <0.01 pts | ₹35.5 Cr | up ₹2.1 Cr | Added |
| State Bank of India | 1.73% | up 1.73 pts | ₹35 Cr | up ₹35 Cr | New |
| CG Power and Industrial Solutions Limited | 1.71% | down 0.47 pts | ₹34.7 Cr | down ₹6.8 Cr | Trimmed |
| ABB India Limited | 1.55% | down 0.05 pts | ₹31.4 Cr | up ₹93 L | Added |
| Indian Metals & Ferro Alloys Limited | 1.52% | down 0.22 pts | ₹30.8 Cr | down ₹2.4 Cr | Trimmed |
| Kennametal India Limited | 1.37% | up 0.09 pts | ₹27.8 Cr | up ₹3.3 Cr | Added |
| Reliance Infrastructure Limited | 1.23% | down 0.09 pts | ₹24.9 Cr | down ₹27 L | Trimmed |
| Anant Raj Limited | 1.18% | up 0.22 pts | ₹23.9 Cr | up ₹5.6 Cr | Added |
| Prestige Estates Projects Limited | 1.09% | up 0.04 pts | ₹22.1 Cr | up ₹2.2 Cr | Added |
| Sundaram Clayton Limited | 0.71% | up 0.10 pts | ₹14.4 Cr | up ₹2.8 Cr | Added |
| Yes Bank Limited | 0.68% | down 0.04 pts | ₹13.7 Cr | up ₹6 L | Held |
| Abbott India Limited | 0.65% | up 0.26 pts | ₹13.3 Cr | up ₹5.8 Cr | Added |
| Tree House Education & Accessories Ltd | 0.64% | down 0.05 pts | ₹12.9 Cr | down ₹16 L | Trimmed |
| ING Vysya Bank Ltd | 0.63% | up 0.04 pts | ₹12.7 Cr | up ₹1.6 Cr | Added |
| Reliance Communications Ltd | 0.62% | down 0.08 pts | ₹12.5 Cr | down ₹83 L | Trimmed |
| Ramkrishna Forgings Limited | 0.62% | up 0.09 pts | ₹12.5 Cr | up ₹2.5 Cr | Added |
| PC Jeweller Limited PC Jeweller Ltd. · history in this fund | 0.58% | down 0.07 pts | ₹11.7 Cr | down ₹62 L | Trimmed |
| Vesuvius India Limited Vesuvius India Ltd · history in this fund | 0.49% | up 0.04 pts | ₹9.8 Cr | up ₹1.3 Cr | Added |
| Automotive Axles Limited | 0.34% | down 0.01 pts | ₹7 Cr | up ₹24 L | Added |
| Cash, TREPS & receivables | 0.27% | down 0.40 pts | ₹5.4 Cr | down ₹7.3 Cr | Trimmed |
| Linde India Limited | 0.01% | down <0.01 pts | ₹30 L | down ₹2 L | Trimmed |
| Wheels India Limited | <0.01% | up <0.01 pts | ₹7 L | up ₹7 L | New |
What changed, Nov 2013 to Dec 2013
New New positions (3)
- Oriental Bank of Commerce2.9% · ₹59.7 Cr
- State Bank of India1.7% · ₹35 Cr
- Wheels India Limited<0.1% · ₹7 L
Exited Exited (3)
- ICICI Bank Limitedwas 4.5% · ₹86.6 Cr
- LIC Housing Finance Limitedwas 1.9% · ₹35.6 Cr
- Jindal Steel & Power Limitedwas 1.2% · ₹23.2 Cr
Added Biggest additions
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 Nov 2013, the weight rose most in Automobiles (+1.7 pts) and Banks (+1.5 pts), and fell most in Finance (−1.9 pts) and Construction (−1.7 pts).
- Automobiles9.2% → 10.9%+1.7 pts
- Banks7.8% → 9.3%+1.5 pts
- Retailing7.3% → 8.3%+1.0 pts
- Diversified Metals2.1% → 3.1%+1.0 pts
- Cement & Cement Products8.7% → 9.1%+0.4 pts
- Realty2.0% → 2.3%+0.3 pts
- Finance1.9% → 0.0%exited−1.9 pts
- Construction4.0% → 2.3%−1.7 pts
- Ferrous Metals3.0% → 1.5%−1.5 pts
- Petroleum Products7.1% → 6.7%−0.5 pts
- Telecom - Services4.4% → 4.1%−0.3 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 | Dec 2012 | Jun 2013 | Sep 2013 | Nov 2013 | Dec 2013 |
|---|---|---|---|---|---|
| Electrical Equipment | 11.1% | 13.5% | 11.5% | 12.2% | 12.3% |
| Automobiles | 15.0% | 14.9% | 7.9% | 9.2% | 10.9% |
| Banks | 10.4% | 8.5% | 10.2% | 7.8% | 9.3% |
| Cement & Cement Products | 7.6% | 5.7% | 7.7% | 8.7% | 9.1% |
| Industrial Products | 11.7% | 12.1% | 8.7% | 8.3% | 8.4% |
| Retailing | 6.4% | 6.7% | 7.3% | 7.3% | 8.3% |
| Pharmaceuticals & Biotechnology | 7.4% | 8.1% | 7.5% | 7.3% | 7.2% |
| Petroleum Products | 3.5% | 2.8% | 3.4% | 7.1% | 6.7% |
| Telecom - Services | 0.2% | 0.6% | 4.6% | 4.4% | 4.1% |
| Auto Ancillaries | 2.5% | 3.9% | 4.2% | 3.9% | 3.8% |
Allocation in Dec 2013change vs Nov 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, Dec 2013
0.3%
▼ 0.4 pts vs Nov 2013
- Cash alone
- 0.3%
- cash and net receivables
- A year earlier
- 0.1%
- Dec 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.