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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
₹2,575 Cr
up ₹376 Cr vs Apr 2014
- Stocks held
- 47
- down 2 vs Apr 2014
- Top 10 weight
Reliance Tax Saver is an active equity fund in the ELSS (tax saving) category from Nippon India Mutual Fund. In May 2014 it disclosed 47 stocks worth ₹2,575 Cr, up ₹376 Cr from Apr 2014. Its largest positions were TVS Motor Company Limited (9.1%), State Bank of India (4.9%), GE Vernova T&D India Limited (4.8%); the ten largest together made up 42.9% of the portfolio, and Electrical Equipment was the biggest sector at 13.3% of its equity. Cash and debt stood at 0.8%. Compared with Apr 2014 the fund entered 2 new stocks and exited 4.
Against 47 other ELSS (tax saving) funds
Concentration
55%
Top-10 weight is higher than 55% 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 May 2014
Download CSVEvery line the fund disclosed, with the change against Apr 2014. 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 | 9.10% | up 1.29 pts | ₹234 Cr | up ₹62.5 Cr | Added |
| State Bank of India | 4.89% | down 0.64 pts | ₹126 Cr | up ₹4.2 Cr | Added |
| GE Vernova T&D India Limited | 4.80% | down 0.22 pts | ₹123 Cr | up ₹13.1 Cr | Added |
| ACC Limited | 4.67% | up 0.18 pts | ₹120 Cr | up ₹21.4 Cr | Added |
| Coal India Limited | 3.89% | up 2.02 pts | ₹100 Cr | up ₹59.1 Cr | Added |
| Titan Company Limited | 3.25% | up 1.89 pts | ₹83.7 Cr | up ₹53.9 Cr | Added |
| Honeywell Automation India Limited | 3.25% | up 0.45 pts | ₹83.6 Cr | up ₹22 Cr | Added |
| Siemens Limited | 3.25% | up 0.09 pts | ₹83.5 Cr | up ₹14.2 Cr | Added |
| Sanofi India Limited | 2.94% | down 0.19 pts | ₹75.6 Cr | up ₹6.9 Cr | Added |
| Schneider Electric Infrastructure Limited | 2.92% | up 0.04 pts | ₹75.3 Cr | up ₹11.9 Cr | Added |
| Bharti Airtel Limited | 2.89% | down 0.07 pts | ₹74.3 Cr | up ₹9.4 Cr | Added |
| KSB Limited | 2.59% | up 0.55 pts | ₹66.8 Cr | up ₹21.8 Cr | Added |
| Federal-Mogul Goetze (India) Limited. | 2.55% | up 0.20 pts | ₹65.7 Cr | up ₹13.9 Cr | Added |
| Wipro Limited | 2.53% | down 0.10 pts | ₹65.1 Cr | up ₹7.3 Cr | Added |
| Divi's Laboratories Limited | 2.50% | down 0.67 pts | ₹64.3 Cr | down ₹5.3 Cr | Trimmed |
| Trent Limited | 2.44% | down 0.46 pts | ₹62.9 Cr | down ₹1 Cr | Trimmed |
| Bharat Forge Limited | 2.28% | up 0.11 pts | ₹58.7 Cr | up ₹11 Cr | Added |
| ABB India Limited | 2.22% | down 0.62 pts | ₹57 Cr | down ₹5.4 Cr | Trimmed |
| Indian Metals & Ferro Alloys Limited | 2.12% | up 0.39 pts | ₹54.7 Cr | up ₹16.5 Cr | Added |
| Shoppers Stop Limited | 2.09% | down 0.18 pts | ₹53.9 Cr | up ₹4 Cr | Added |
| Hindustan Petroleum Corporation Limited | 2.00% | down 0.01 pts | ₹51.6 Cr | up ₹7.2 Cr | Added |
| Info Edge (India) Limited | 1.99% | up 0.07 pts | ₹51.1 Cr | up ₹9 Cr | Added |
| Prestige Estates Projects Limited | 1.95% | up 0.91 pts | ₹50.3 Cr | up ₹27.3 Cr | Added |
| Eicher Motors Limited | 1.94% | down 0.17 pts | ₹50 Cr | up ₹3.5 Cr | Added |
| Vesuvius India Limited Vesuvius India Ltd · history in this fund | 1.88% | down <0.01 pts | ₹48.4 Cr | up ₹7 Cr | Added |
| The Ramco Cements Limited | 1.85% | up 0.08 pts | ₹47.7 Cr | up ₹8.7 Cr | Added |
| Bharat Petroleum Corporation Limited | 1.79% | down 0.04 pts | ₹46 Cr | up ₹5.9 Cr | Added |
| Cummins India Limited | 1.56% | down 0.01 pts | ₹40.1 Cr | up ₹5.5 Cr | Added |
| Swaraj Engines Limited | 1.53% | down 0.03 pts | ₹39.5 Cr | up ₹5.1 Cr | Added |
| Sundaram Clayton Limited | 1.50% | down 0.01 pts | ₹38.7 Cr | up ₹5.4 Cr | Added |
| Kennametal India Limited | 1.49% | up 0.13 pts | ₹38.3 Cr | up ₹8.3 Cr | Added |
| SML ISUZU LTD. | 1.31% | up 0.03 pts | ₹33.7 Cr | up ₹5.5 Cr | Added |
| Canara Bank | 1.16% | down 0.83 pts | ₹29.9 Cr | down ₹13.8 Cr | Trimmed |
| Hathway Cable & Datacom Limited | 1.16% | up 0.15 pts | ₹29.8 Cr | up ₹7.6 Cr | Added |
| JK Cement Limited | 1.14% | up 0.21 pts | ₹29.4 Cr | up ₹9 Cr | Added |
| Anant Raj Limited | 0.97% | up 0.02 pts | ₹25.1 Cr | up ₹4 Cr | Added |
| UPL Limited | 0.84% | down 0.03 pts | ₹21.7 Cr | up ₹2.4 Cr | Added |
| Ramkrishna Forgings Limited | 0.83% | down 0.01 pts | ₹21.5 Cr | up ₹2.9 Cr | Added |
| Wheels India Limited | 0.83% | down 0.02 pts | ₹21.4 Cr | up ₹2.7 Cr | Added |
| Cash, TREPS & receivables | 0.82% | up 0.26 pts | ₹21.1 Cr | up ₹8.8 Cr | Added |
| The Federal Bank Limited | 0.81% | up 0.44 pts | ₹20.9 Cr | up ₹12.8 Cr | Added |
| Tree House Education & Accessories Ltd | 0.72% | down 0.07 pts | ₹18.4 Cr | up ₹1.2 Cr | Added |
| PC Jeweller Limited PC Jeweller Ltd. · history in this fund | 0.59% | up 0.02 pts | ₹15.2 Cr | up ₹2.7 Cr | Added |
| Abbott India Limited | 0.53% | down 0.12 pts | ₹13.6 Cr | down ₹68 L | Trimmed |
| Automotive Axles Limited | 0.48% | up 0.12 pts | ₹12.3 Cr | up ₹4.5 Cr | Added |
| Linde India Limited | 0.40% | up 0.13 pts | ₹10.3 Cr | up ₹4.3 Cr | Added |
| ADITYA BIRLA NUVO LTD. | 0.38% | up 0.38 pts | ₹9.8 Cr | up ₹9.8 Cr | New |
| Indian Oil Corporation Limited | 0.38% | up 0.38 pts | ₹9.7 Cr | up ₹9.7 Cr | New |
What changed, Apr 2014 to May 2014
New New positions (2)
- ADITYA BIRLA NUVO LTD.0.4% · ₹9.8 Cr
- Indian Oil Corporation Limited0.4% · ₹9.7 Cr
Exited Exited (4)
- Tata Steel Limitedwas 2.5% · ₹54.1 Cr
- Punjab National Bankwas 1.9% · ₹42.3 Cr
- HDFC Bank Limitedwas 0.9% · ₹19.5 Cr
- Cipla Limitedwas 0.7% · ₹16.1 Cr
Added Biggest additions
- TVS Motor Company Limited ₹62.5 Cr (+1.29% pts)
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 Apr 2014, the weight rose most in Consumable Fuels (+2.0 pts) and Consumer Durables (+1.9 pts), and fell most in Banks (−3.8 pts) and Ferrous Metals (−2.1 pts).
- Consumable Fuels1.9% → 3.9%+2.0 pts
- Consumer Durables1.9% → 3.9%+1.9 pts
- Automobiles10.0% → 11.1%+1.2 pts
- Realty2.0% → 3.0%+0.9 pts
- Industrial Products9.3% → 9.9%+0.6 pts
- Cement & Cement Products7.2% → 7.7%+0.5 pts
- Banks10.8% → 6.9%−3.8 pts
- Ferrous Metals4.2% → 2.1%−2.1 pts
- Pharmaceuticals & Biotechnology7.7% → 6.0%−1.7 pts
- Electrical Equipment14.0% → 13.3%−0.7 pts
- Retailing7.1% → 6.6%−0.6 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 | May 2013 | Nov 2013 | Feb 2014 | Apr 2014 | May 2014 |
|---|---|---|---|---|---|
| Electrical Equipment | 12.9% | 12.2% | 11.7% | 14.0% | 13.3% |
| Automobiles | 16.9% | 9.2% | 11.9% | 10.0% | 11.1% |
| Industrial Products | 12.1% | 8.3% | 8.2% | 9.3% | 9.9% |
| Cement & Cement Products | 4.9% | 8.7% | 8.7% | 7.2% | 7.7% |
| Banks | 8.4% | 7.8% | 10.3% | 10.8% | 6.9% |
| Retailing | 6.8% | 7.3% | 8.0% | 7.1% | 6.6% |
| Pharmaceuticals & Biotechnology | 7.9% | 7.3% | 7.8% | 7.7% | 6.0% |
| Auto Ancillaries | 3.3% | 3.9% | 4.2% | 5.1% | 5.4% |
| Petroleum Products | 2.6% | 7.1% | 6.9% | 3.9% | 4.2% |
| Consumable Fuels | — | — | — | 1.9% | 3.9% |
Allocation in May 2014change vs Apr 2014
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, May 2014
0.8%
▲ 0.3 pts vs Apr 2014
- Cash alone
- 0.8%
- cash and net receivables
- A year earlier
- 1.8%
- May 2013 · now ▼ 1.0 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.