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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
₹2,988 Cr
up ₹183 Cr vs Jul 2014
- Stocks held
- 49
- down 2 vs Jul 2014
Reliance Tax Saver is an active equity fund in the ELSS (tax saving) category from Nippon India Mutual Fund. In August 2014 it disclosed 49 stocks worth ₹2,988 Cr, up ₹183 Cr from Jul 2014. Its largest positions were TVS Motor Company Limited (11.2%), ACC Limited (5.0%), State Bank of India (4.6%); the ten largest together made up 43.9% of the portfolio, and Electrical Equipment was the biggest sector at 13.1% of its equity. Cash and debt stood at 0.2%. Compared with Jul 2014 the fund entered 1 new stock and exited 3.
Against 47 other ELSS (tax saving) funds
Concentration
57%
Top-10 weight is higher than 57% 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 August 2014
Download CSVEvery line the fund disclosed, with the change against Jul 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 | 11.23% | up 1.78 pts | ₹336 Cr | up ₹70.6 Cr | Added |
| ACC Limited | 4.99% | down 0.38 pts | ₹149 Cr | down ₹1.5 Cr | Trimmed |
| State Bank of India | 4.60% | up 0.29 pts | ₹137 Cr | up ₹16.6 Cr | Added |
| GE Vernova T&D India Limited | 4.07% | down 0.30 pts | ₹122 Cr | down ₹1 Cr | Trimmed |
| Honeywell Automation India Limited | 3.45% | down 0.04 pts | ₹103 Cr | up ₹5.1 Cr | Added |
| Wipro Limited | 3.42% | down 0.09 pts | ₹102 Cr | up ₹3.8 Cr | Added |
| Titan Company Limited | 3.16% | down 0.40 pts | ₹94.5 Cr | down ₹5.4 Cr | Trimmed |
| Bharat Forge Limited | 3.10% | up 0.08 pts | ₹92.6 Cr | up ₹8 Cr | Added |
| Siemens Limited | 2.94% | down 0.15 pts | ₹87.9 Cr | up ₹1.1 Cr | Added |
| Schneider Electric Infrastructure Limited | 2.91% | down 0.25 pts | ₹87.1 Cr | down ₹1.7 Cr | Trimmed |
| Tata Steel Limited | 2.75% | up 1.72 pts | ₹82.2 Cr | up ₹53.3 Cr | Added |
| Divi's Laboratories Limited | 2.64% | down 0.01 pts | ₹78.9 Cr | up ₹4.5 Cr | Added |
| Federal-Mogul Goetze (India) Limited. | 2.55% | down 0.27 pts | ₹76.2 Cr | down ₹2.9 Cr | Trimmed |
| Trent Limited | 2.30% | down 0.31 pts | ₹68.7 Cr | down ₹4.5 Cr | Trimmed |
| KSB Limited | 2.25% | down 0.14 pts | ₹67.1 Cr | up ₹9 L | Held |
| Cummins India Limited | 2.18% | up 0.17 pts | ₹65.3 Cr | up ₹8.9 Cr | Added |
| SML ISUZU LTD. | 2.17% | up 0.61 pts | ₹64.9 Cr | up ₹21.1 Cr | Added |
| Sanofi India Limited | 2.12% | down 0.07 pts | ₹63.2 Cr | up ₹1.8 Cr | Added |
| Sundaram Clayton Limited | 2.11% | down 0.04 pts | ₹63 Cr | up ₹2.9 Cr | Added |
| ABB India Limited | 2.08% | down 0.26 pts | ₹62.1 Cr | down ₹3.4 Cr | Trimmed |
| Shoppers Stop Limited | 2.06% | up 0.16 pts | ₹61.6 Cr | up ₹8.2 Cr | Added |
| Bharat Petroleum Corporation Limited | 1.88% | up 0.21 pts | ₹56.2 Cr | up ₹9.2 Cr | Added |
| Info Edge (India) Limited | 1.82% | up 0.05 pts | ₹54.5 Cr | up ₹4.8 Cr | Added |
| The Ramco Cements Limited | 1.81% | up 0.17 pts | ₹54 Cr | up ₹8 Cr | Added |
| Vesuvius India Limited Vesuvius India Ltd · history in this fund | 1.74% | down 0.20 pts | ₹52 Cr | down ₹2.4 Cr | Trimmed |
| The Indian Hotels Company Limited | 1.60% | down 0.06 pts | ₹47.8 Cr | up ₹1.1 Cr | Added |
| Indian Metals & Ferro Alloys Limited | 1.59% | down 0.13 pts | ₹47.5 Cr | down ₹82 L | Trimmed |
| Eicher Motors Limited | 1.45% | up 0.10 pts | ₹43.5 Cr | up ₹5.6 Cr | Added |
| Kennametal India Limited | 1.42% | up 0.08 pts | ₹42.5 Cr | up ₹5 Cr | Added |
| Hindustan Petroleum Corporation Limited | 1.38% | up 0.10 pts | ₹41.2 Cr | up ₹5.3 Cr | Added |
| UPL Limited | 1.33% | down 0.14 pts | ₹39.8 Cr | down ₹1.6 Cr | Trimmed |
| Wheels India Limited | 1.22% | up 0.21 pts | ₹36.5 Cr | up ₹8.1 Cr | Added |
| Ramkrishna Forgings Limited | 1.18% | down <0.01 pts | ₹35.2 Cr | up ₹2.1 Cr | Added |
| GE Power India Limited | 1.18% | up 0.50 pts | ₹35.2 Cr | up ₹16.1 Cr | Added |
| IDFC LTD. | 1.17% | down 0.15 pts | ₹35.1 Cr | down ₹1.9 Cr | Trimmed |
| Canara Bank | 1.14% | down 0.66 pts | ₹34 Cr | down ₹16.3 Cr | Trimmed |
| Bharat Heavy Electricals Limited | 1.02% | up 1.02 pts | ₹30.4 Cr | up ₹30.4 Cr | New |
| PC Jeweller Limited PC Jeweller Ltd. · history in this fund | 0.83% | up 0.20 pts | ₹24.8 Cr | up ₹7.2 Cr | Added |
| Hathway Cable & Datacom Limited | 0.83% | down 0.20 pts | ₹24.8 Cr | down ₹4.2 Cr | Trimmed |
| Linde India Limited | 0.77% | up 0.03 pts | ₹22.9 Cr | up ₹2.3 Cr | Added |
| The Federal Bank Limited | 0.73% | down 0.04 pts | ₹21.7 Cr | up ₹14 L | Added |
| Tree House Education & Accessories Ltd | 0.70% | up 0.04 pts | ₹21 Cr | up ₹2.3 Cr | Added |
| Anant Raj Limited | 0.70% | down 0.15 pts | ₹21 Cr | down ₹2.9 Cr | Trimmed |
| Abbott India Limited | 0.68% | up 0.09 pts | ₹20.3 Cr | up ₹3.8 Cr | Added |
| Automotive Axles Limited | 0.68% | up 0.01 pts | ₹20.2 Cr | up ₹1.6 Cr | Added |
| Reliance Communications Ltd | 0.60% | down 0.14 pts | ₹17.9 Cr | down ₹2.9 Cr | Trimmed |
| Indian Oil Corporation Limited | 0.54% | up 0.01 pts | ₹16.2 Cr | up ₹1.3 Cr | Added |
| ADITYA BIRLA NUVO LTD. | 0.36% | down 0.03 pts | ₹10.9 Cr | down ₹17 L | Trimmed |
| The Indian Hotels Company Ltd - Right Shares | 0.31% | up 0.19 pts | ₹9.1 Cr | up ₹5.8 Cr | Added |
| Cash, TREPS & receivables | 0.24% | down 0.22 pts | ₹7.2 Cr | down ₹5.8 Cr | Trimmed |
What changed, Jul 2014 to Aug 2014
New New positions (1)
- Bharat Heavy Electricals Limited1.0% · ₹30.4 Cr
Exited Exited (3)
- Coal India Limitedwas 2.1% · ₹59.6 Cr
- Yes Bank Limitedwas 0.5% · ₹14.6 Cr
- Swaraj Engines Limitedwas 0.3% · ₹9.4 Cr
Added Biggest additions
- TVS Motor Company Limitedup ₹70.6 Cr (+1.78% pts)
- Tata Steel Limitedup ₹53.3 Cr (+1.72% 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 Jul 2014, the weight rose most in Automobiles (+1.9 pts) and Ferrous Metals (+1.6 pts), and fell most in Consumable Fuels (−2.1 pts) and Banks (−0.9 pts).
- Automobiles10.9% → 12.7%+1.9 pts
- Ferrous Metals2.8% → 4.4%+1.6 pts
- Auto1.6% → 2.2%+0.6 pts
- Industrial Capital Goods2.0% → 2.6%+0.6 pts
- Petroleum Products3.5% → 3.8%+0.3 pts
- Hotels0.1% → 0.3%+0.2 pts
- Consumable Fuels2.1% → 0.0%exited−2.1 pts
- Banks7.4% → 6.5%−0.9 pts
- Industrial Products9.7% → 9.3%−0.4 pts
- Cement & Cement Products7.0% → 6.8%−0.2 pts
- Media & Entertainment1.0% → 0.8%−0.2 pts
- Consumer Durables4.2% → 4.0%−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 | Aug 2013 | Feb 2014 | May 2014 | Jul 2014 | Aug 2014 |
|---|---|---|---|---|---|
| Electrical Equipment | 11.7% | 11.7% | 13.3% | 13.0% | 13.1% |
| Automobiles | 8.7% | 11.9% | 11.1% | 10.9% | 12.7% |
| Industrial Products | 9.1% | 8.2% | 9.9% | 9.7% | 9.3% |
| Cement & Cement Products | 7.8% | 8.7% | 7.7% | 7.0% | 6.8% |
| Auto Ancillaries | 4.6% | 4.2% | 5.4% | 6.7% | 6.6% |
| Banks | 10.4% | 10.3% | 6.9% | 7.4% | 6.5% |
| Retailing | 6.9% | 8.0% | 6.6% | 6.3% | 6.2% |
| Pharmaceuticals & Biotechnology | 8.0% | 7.8% | 6.0% | 5.5% | 5.4% |
| Ferrous Metals | 4.2% | 4.5% | 2.1% | 2.8% | 4.4% |
| Consumer Durables | 0.7% | 1.4% | 3.9% | 4.2% | 4.0% |
Allocation in Aug 2014change vs Jul 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, Aug 2014
0.2%
▼ 0.2 pts vs Jul 2014
- Cash alone
- 0.3%
- cash and net receivables
- A year earlier
- 4.2%
- Aug 2013 · now ▼ 4.0 pts
- Last 12 months
- 0.1% – 3.3%
- 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.