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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
₹1,882 Cr
down ₹145 Cr vs Dec 2013
- Stocks held
- 50
- up 2 vs Dec 2013
- Top 10 weight
Reliance Tax Saver is an active equity fund in the ELSS (tax saving) category from Nippon India Mutual Fund. In January 2014 it disclosed 50 stocks worth ₹1,882 Cr, down ₹145 Cr from Dec 2013. Its largest positions were TVS Motor Company Limited (7.9%), Bharti Airtel Limited (4.7%), ACC Limited (4.4%); the ten largest together made up 40.8% of the portfolio, and Electrical Equipment was the biggest sector at 12.0% of its equity. Cash and debt stood at 0.7%. Compared with Dec 2013 the fund entered 4 new stocks and exited 2.
Against 47 other ELSS (tax saving) funds
Concentration
53%
Top-10 weight is higher than 53% 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 January 2014
Download CSVEvery line the fund disclosed, with the change against Dec 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 | 7.94% | up 0.38 pts | ₹149 Cr | down ₹3.7 Cr | Trimmed |
| Bharti Airtel Limited | 4.67% | up 1.15 pts | ₹87.9 Cr | up ₹16.6 Cr | Added |
| ACC Limited | 4.35% | up 0.07 pts | ₹81.9 Cr | down ₹4.9 Cr | Trimmed |
| GE Vernova T&D India Limited | 3.94% | down 0.06 pts | ₹74.2 Cr | down ₹7 Cr | Trimmed |
| Divi's Laboratories Limited | 3.75% | up 0.49 pts | ₹70.5 Cr | up ₹4.6 Cr | Added |
| Sanofi India Limited | 3.60% | up 0.34 pts | ₹67.8 Cr | up ₹1.6 Cr | Added |
| Bharat Petroleum Corporation Limited | 3.38% | up 0.19 pts | ₹63.7 Cr | down ₹99 L | Trimmed |
| Trent Limited | 3.27% | down 0.27 pts | ₹61.6 Cr | down ₹10.1 Cr | Trimmed |
| Eicher Motors Limited | 3.00% | down 0.31 pts | ₹56.5 Cr | down ₹10.6 Cr | Trimmed |
| Hindustan Petroleum Corporation Limited | 2.92% | down 0.55 pts | ₹55 Cr | down ₹15.3 Cr | Trimmed |
| Federal-Mogul Goetze (India) Limited. | 2.87% | up 0.10 pts | ₹54.1 Cr | down ₹2.1 Cr | Trimmed |
| Vedanta Limited | 2.70% | down 0.35 pts | ₹50.9 Cr | down ₹10.9 Cr | Trimmed |
| Honeywell Automation India Limited | 2.69% | up 0.04 pts | ₹50.5 Cr | down ₹3.1 Cr | Trimmed |
| Siemens Limited | 2.67% | up 0.30 pts | ₹50.2 Cr | up ₹2.3 Cr | Added |
| Shoppers Stop Limited | 2.64% | down 0.08 pts | ₹49.6 Cr | down ₹5.4 Cr | Trimmed |
| Schneider Electric Infrastructure Limited | 2.51% | down 0.10 pts | ₹47.3 Cr | down ₹5.6 Cr | Trimmed |
| Bharat Forge Limited | 2.49% | up 0.16 pts | ₹46.8 Cr | down ₹42 L | Trimmed |
| The Ramco Cements Limited | 2.32% | down 0.23 pts | ₹43.7 Cr | down ₹8 Cr | Trimmed |
| HDFC Bank Limited | 2.10% | up 2.10 pts | ₹39.6 Cr | up ₹39.6 Cr | New |
| JK Cement Limited | 2.09% | down 0.15 pts | ₹39.2 Cr | down ₹6 Cr | Trimmed |
| State Bank of India | 2.07% | up 0.34 pts | ₹38.9 Cr | up ₹4 Cr | Added |
| Hathway Cable & Datacom Limited | 1.89% | down 0.06 pts | ₹35.6 Cr | down ₹4 Cr | Trimmed |
| Info Edge (India) Limited | 1.89% | down 0.16 pts | ₹35.6 Cr | down ₹6 Cr | Trimmed |
| Canara Bank | 1.80% | down 1.46 pts | ₹33.8 Cr | down ₹32.2 Cr | Trimmed |
| Swaraj Engines Limited | 1.78% | down 0.15 pts | ₹33.5 Cr | down ₹5.6 Cr | Trimmed |
| KSB Limited | 1.74% | down 0.06 pts | ₹32.8 Cr | down ₹3.7 Cr | Trimmed |
| ICICI Bank Limited | 1.70% | up 1.70 pts | ₹32 Cr | up ₹32 Cr | New |
| Cummins India Limited | 1.65% | down 0.14 pts | ₹31 Cr | down ₹5.1 Cr | Trimmed |
| Indian Metals & Ferro Alloys Limited | 1.59% | up 0.07 pts | ₹29.9 Cr | down ₹90 L | Trimmed |
| Reliance Industries Limited | 1.47% | up 1.47 pts | ₹27.7 Cr | up ₹27.7 Cr | New |
| ABB India Limited | 1.45% | down 0.09 pts | ₹27.4 Cr | down ₹4 Cr | Trimmed |
| Kennametal India Limited | 1.39% | up 0.02 pts | ₹26.2 Cr | down ₹1.6 Cr | Trimmed |
| CG Power and Industrial Solutions Limited | 1.38% | down 0.33 pts | ₹26.1 Cr | down ₹8.7 Cr | Trimmed |
| SML ISUZU LTD. | 1.32% | down 0.43 pts | ₹24.9 Cr | down ₹10.6 Cr | Trimmed |
| Reliance Infrastructure Limited | 1.16% | down 0.07 pts | ₹21.8 Cr | down ₹3.1 Cr | Trimmed |
| Sundaram Clayton Limited | 1.05% | up 0.34 pts | ₹19.7 Cr | up ₹5.3 Cr | Added |
| Anant Raj Limited | 1.03% | down 0.15 pts | ₹19.3 Cr | down ₹4.5 Cr | Trimmed |
| Prestige Estates Projects Limited | 1.00% | down 0.09 pts | ₹18.8 Cr | down ₹3.3 Cr | Trimmed |
| ING Vysya Bank Ltd | 0.90% | up 0.28 pts | ₹17 Cr | up ₹4.3 Cr | Added |
| Mahindra & Mahindra Financial Services Limited | 0.81% | up 0.81 pts | ₹15.3 Cr | up ₹15.3 Cr | New |
| Ramkrishna Forgings Limited | 0.73% | up 0.11 pts | ₹13.7 Cr | up ₹1.2 Cr | Added |
| Abbott India Limited | 0.69% | up 0.03 pts | ₹12.9 Cr | down ₹35 L | Trimmed |
| Tree House Education & Accessories Ltd | 0.65% | up 0.02 pts | ₹12.3 Cr | down ₹57 L | Trimmed |
| Cash, TREPS & receivables | 0.65% | up 0.39 pts | ₹12.3 Cr | up ₹6.9 Cr | Added |
| Yes Bank Limited | 0.60% | down 0.07 pts | ₹11.4 Cr | down ₹2.3 Cr | Trimmed |
| PC Jeweller Limited PC Jeweller Ltd. · history in this fund | 0.54% | down 0.04 pts | ₹10.1 Cr | down ₹1.6 Cr | Trimmed |
| Vesuvius India Limited Vesuvius India Ltd · history in this fund | 0.50% | up 0.01 pts | ₹9.3 Cr | down ₹49 L | Trimmed |
| Automotive Axles Limited | 0.33% | down 0.01 pts | ₹6.3 Cr | down ₹68 L | Trimmed |
| Reliance Communications Ltd | 0.30% | down 0.32 pts | ₹5.6 Cr | down ₹7 Cr | Trimmed |
| Linde India Limited | 0.01% | down <0.01 pts | ₹25 L | down ₹4 L | Trimmed |
What changed, Dec 2013 to Jan 2014
New New positions (4)
- HDFC Bank Limited2.1% · ₹39.6 Cr
- ICICI Bank Limited1.7% · ₹32 Cr
- Reliance Industries Limited1.5% · ₹27.7 Cr
- Mahindra & Mahindra Financial Services Limited0.8% · ₹15.3 Cr
Exited Exited (2)
- Oriental Bank of Commercewas 2.9% · ₹59.7 Cr
- Larsen & Toubro Limitedwas 2.3% · ₹45.8 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 Dec 2013, the weight rose most in Petroleum Products (+1.2 pts) and Pharmaceuticals & Biotechnology (+0.9 pts), and fell most in Construction (−2.3 pts) and Retailing (−0.5 pts).
- Petroleum Products6.7% → 7.8%+1.2 pts
- Pharmaceuticals & Biotechnology7.2% → 8.1%+0.9 pts
- Telecom - Services4.1% → 5.0%+0.8 pts
- Finance0.0% → 0.8%new+0.8 pts
- Auto Ancillaries3.8% → 4.3%+0.4 pts
- Automobiles10.9% → 11.0%+0.1 pts
- Construction2.3% → 0.0%exited−2.3 pts
- Retailing8.3% → 7.8%−0.5 pts
- Auto1.8% → 1.3%−0.4 pts
- Diversified Metals3.1% → 2.7%−0.3 pts
- Cement & Cement Products9.1% → 8.8%−0.3 pts
- Electrical Equipment12.3% → 12.0%−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 | Jan 2013 | Jul 2013 | Oct 2013 | Dec 2013 | Jan 2014 |
|---|---|---|---|---|---|
| Electrical Equipment | 12.6% | 13.7% | 12.2% | 12.3% | 12.0% |
| Automobiles | 15.3% | 15.7% | 8.6% | 10.9% | 11.0% |
| Banks | 9.1% | 8.4% | 8.6% | 9.3% | 9.2% |
| Cement & Cement Products | 6.7% | 5.1% | 7.9% | 9.1% | 8.8% |
| Industrial Products | 11.6% | 11.8% | 7.7% | 8.4% | 8.2% |
| Pharmaceuticals & Biotechnology | 7.6% | 7.2% | 6.3% | 7.2% | 8.1% |
| Retailing | 6.3% | 7.3% | 7.2% | 8.3% | 7.8% |
| Petroleum Products | 4.1% | 2.6% | 7.1% | 6.7% | 7.8% |
| Telecom - Services | 0.2% | 0.8% | 4.5% | 4.1% | 5.0% |
| Auto Ancillaries | 2.4% | 4.4% | 4.1% | 3.8% | 4.3% |
Allocation in Jan 2014change vs Dec 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, Jan 2014
0.7%
▲ 0.4 pts vs Dec 2013
- Cash alone
- 0.7%
- cash and net receivables
- A year earlier
- 2.1%
- Jan 2013 · now ▼ 1.5 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.