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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
₹3,393 Cr
up ₹210 Cr vs Sep 2014
- Stocks held
- 51
- up 1 vs Sep 2014
Reliance Tax Saver is an active equity fund in the ELSS (tax saving) category from Nippon India Mutual Fund. In October 2014 it disclosed 51 stocks worth ₹3,393 Cr, up ₹210 Cr from Sep 2014. Its largest positions were TVS Motor Company Limited (11.7%), State Bank of India (5.7%), Tata Steel Limited (4.0%); the ten largest together made up 45.0% of the portfolio, and Electrical Equipment was the biggest sector at 15.1% of its equity. Cash and debt stood at 1.1%. Compared with Sep 2014 the fund entered 2 new stocks and exited 1.
Against 47 other ELSS (tax saving) funds
Concentration
68%
Top-10 weight is higher than 68% of peers
Breadth
43%
Holds more stocks than 43% of peers
Cash
11%
Holds more cash than 11% of peers
What these mean: concentration · cash
Holdings in October 2014
Download CSVEvery line the fund disclosed, with the change against Sep 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 | 11.72% | up 0.12 pts | ₹398 Cr | up ₹28.4 Cr | Added |
| State Bank of India | 5.74% | up 1.31 pts | ₹195 Cr | up ₹53.7 Cr | Added |
| Tata Steel Limited | 4.04% | up 0.53 pts | ₹137 Cr | up ₹25.4 Cr | Added |
| ACC Limited | 3.98% | down 0.61 pts | ₹135 Cr | down ₹11 Cr | Trimmed |
| Siemens Limited | 3.52% | up 0.06 pts | ₹119 Cr | up ₹9.3 Cr | Added |
| GE Vernova T&D India Limited | 3.48% | down 0.14 pts | ₹118 Cr | up ₹2.7 Cr | Added |
| Wipro Limited | 3.38% | down 0.43 pts | ₹115 Cr | down ₹6.7 Cr | Trimmed |
| Honeywell Automation India Limited | 3.27% | down 0.12 pts | ₹111 Cr | up ₹3 Cr | Added |
| Schneider Electric Infrastructure Limited | 3.13% | down 0.26 pts | ₹106 Cr | down ₹1.8 Cr | Trimmed |
| Divi's Laboratories Limited | 2.79% | down 0.06 pts | ₹94.5 Cr | up ₹3.8 Cr | Added |
| Bharat Heavy Electricals Limited | 2.72% | up 1.93 pts | ₹92.4 Cr | up ₹67.2 Cr | Added |
| Federal-Mogul Goetze (India) Limited. | 2.64% | up 0.04 pts | ₹89.7 Cr | up ₹6.7 Cr | Added |
| Bharat Forge Limited | 2.59% | down 0.21 pts | ₹87.8 Cr | down ₹1.1 Cr | Trimmed |
| Trent Limited | 2.36% | down 0.25 pts | ₹80 Cr | down ₹3 Cr | Trimmed |
| Sundaram Clayton Limited | 2.29% | down 0.04 pts | ₹77.7 Cr | up ₹3.4 Cr | Added |
| Shoppers Stop Limited | 2.15% | down 0.21 pts | ₹73.1 Cr | down ₹2.1 Cr | Trimmed |
| ABB India Limited | 2.08% | down 0.20 pts | ₹70.5 Cr | down ₹2 Cr | Trimmed |
| Sanofi India Limited | 2.04% | down 0.09 pts | ₹69.1 Cr | up ₹1.5 Cr | Added |
| Cummins India Limited | 2.01% | up 0.04 pts | ₹68.1 Cr | up ₹5.6 Cr | Added |
| KSB Limited | 1.98% | down 0.15 pts | ₹67.3 Cr | down ₹65 L | Trimmed |
| SML ISUZU LTD. | 1.85% | up 0.18 pts | ₹62.8 Cr | up ₹9.6 Cr | Added |
| Info Edge (India) Limited | 1.79% | down 0.14 pts | ₹60.7 Cr | down ₹57 L | Trimmed |
| The Ramco Cements Limited | 1.64% | up 0.01 pts | ₹55.7 Cr | up ₹3.7 Cr | Added |
| The Indian Hotels Company Limited | 1.53% | up 0.01 pts | ₹51.8 Cr | up ₹3.5 Cr | Added |
| Vesuvius India Limited Vesuvius India Ltd · history in this fund | 1.48% | down 0.16 pts | ₹50.2 Cr | down ₹1.9 Cr | Trimmed |
| Hindustan Petroleum Corporation Limited | 1.41% | up 0.04 pts | ₹47.7 Cr | up ₹4.3 Cr | Added |
| Titan Company Limited | 1.36% | down 1.98 pts | ₹46 Cr | down ₹60.1 Cr | Trimmed |
| Wheels India Limited | 1.31% | down 0.01 pts | ₹44.5 Cr | up ₹2.4 Cr | Added |
| UPL Limited | 1.29% | down 0.05 pts | ₹43.9 Cr | up ₹1.1 Cr | Added |
| Eicher Motors Limited | 1.25% | down 0.08 pts | ₹42.5 Cr | down ₹1 L | Held |
| Kennametal India Limited | 1.13% | down 0.19 pts | ₹38.4 Cr | down ₹3.6 Cr | Trimmed |
| GE Power India Limited | 1.13% | up 0.05 pts | ₹38.4 Cr | up ₹3.9 Cr | Added |
| IDFC LTD. | 1.12% | up 0.07 pts | ₹38 Cr | up ₹4.6 Cr | Added |
| Ramkrishna Forgings Limited | 1.11% | up 0.04 pts | ₹37.6 Cr | up ₹3.7 Cr | Added |
| Oriental Bank of Commerce | 1.06% | up 1.06 pts | ₹36 Cr | up ₹36 Cr | New |
| Hathway Cable & Datacom Limited | 0.98% | down 0.01 pts | ₹33.1 Cr | up ₹1.9 Cr | Added |
| Linde India Limited | 0.95% | up 0.19 pts | ₹32.2 Cr | up ₹7.9 Cr | Added |
| Indian Metals & Ferro Alloys Limited | 0.90% | down 0.15 pts | ₹30.7 Cr | down ₹2.9 Cr | Trimmed |
| Canara Bank | 0.85% | up 0.06 pts | ₹29 Cr | up ₹3.7 Cr | Added |
| JSW Steel Limited | 0.84% | up 0.84 pts | ₹28.4 Cr | up ₹28.4 Cr | New |
| Cash, TREPS & receivables | 0.83% | up 0.12 pts | ₹28 Cr | up ₹5.4 Cr | Added |
| The Federal Bank Limited | 0.75% | up 0.04 pts | ₹25.6 Cr | up ₹2.9 Cr | Added |
| Abbott India Limited | 0.72% | down 0.07 pts | ₹24.4 Cr | down ₹58 L | Trimmed |
| Tree House Education & Accessories Ltd | 0.62% | down 0.20 pts | ₹21.2 Cr | down ₹5.2 Cr | Trimmed |
| Reliance Communications Ltd | 0.62% | up 0.01 pts | ₹21.1 Cr | up ₹1.6 Cr | Added |
| Anant Raj Limited | 0.60% | down 0.06 pts | ₹20.5 Cr | down ₹55 L | Trimmed |
| Automotive Axles Limited | 0.59% | up 0.01 pts | ₹20.1 Cr | up ₹1.4 Cr | Added |
| PC Jeweller Limited PC Jeweller Ltd. · history in this fund | 0.58% | down 0.02 pts | ₹19.6 Cr | up ₹59 L | Added |
| Snowman Logistics Ltd | 0.54% | down <0.01 pts | ₹18.3 Cr | up ₹1 Cr | Added |
| Reliance Capital Ltd | 0.50% | up 0.25 pts | ₹17.1 Cr | up ₹8.9 Cr | Added |
What changed, Sep 2014 to Oct 2014
New New positions (2)
- Oriental Bank of Commerce1.1% · ₹36 Cr
- JSW Steel Limited0.8% · ₹28.4 Cr
Exited Exited (1)
- Bharat Petroleum Corporation Limitedwas 1.1% · ₹35.4 Cr
Added Biggest additions
- Bharat Heavy Electricals Limitedup ₹67.2 Cr (+1.93% pts)
- State Bank of Indiaup ₹53.7 Cr (+1.31% pts)
- TVS Motor Company Limited ₹28.4 Cr (+0.12% 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 Sep 2014, the weight rose most in Banks (+2.5 pts) and Electrical Equipment (+1.4 pts), and fell most in Consumer Durables (−2.0 pts) and Petroleum Products (−1.1 pts).
- Banks6.0% → 8.5%+2.5 pts
- Electrical Equipment13.7% → 15.1%+1.4 pts
- Ferrous Metals4.6% → 5.8%+1.2 pts
- Finance1.3% → 1.6%+0.3 pts
- Chemicals & Petrochemicals0.8% → 1.0%+0.2 pts
- Auto1.7% → 1.9%+0.2 pts
- Consumer Durables4.0% → 2.0%−2.0 pts
- Petroleum Products2.5% → 1.4%−1.1 pts
- Cement & Cement Products6.3% → 5.7%−0.6 pts
- Retailing7.0% → 6.4%−0.6 pts
- Industrial Products8.6% → 8.2%−0.5 pts
- IT - Software3.9% → 3.4%−0.4 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 | Oct 2013 | Apr 2014 | Jul 2014 | Sep 2014 | Oct 2014 |
|---|---|---|---|---|---|
| Electrical Equipment | 12.2% | 14.0% | 13.0% | 13.7% | 15.1% |
| Automobiles | 8.6% | 10.0% | 10.9% | 13.1% | 13.1% |
| Banks | 8.6% | 10.8% | 7.4% | 6.0% | 8.5% |
| Industrial Products | 7.7% | 9.3% | 9.7% | 8.6% | 8.2% |
| Auto Ancillaries | 4.1% | 5.1% | 6.7% | 6.9% | 6.9% |
| Retailing | 7.2% | 7.1% | 6.3% | 7.0% | 6.4% |
| Ferrous Metals | 3.0% | 4.2% | 2.8% | 4.6% | 5.8% |
| Cement & Cement Products | 7.9% | 7.2% | 7.0% | 6.3% | 5.7% |
| Pharmaceuticals & Biotechnology | 6.3% | 7.7% | 5.5% | 5.8% | 5.6% |
| IT - Software | 0.6% | 2.6% | 3.5% | 3.9% | 3.4% |
Allocation in Oct 2014change vs Sep 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, Oct 2014
1.1%
▲ 0.1 pts vs Sep 2014
- Cash alone
- 0.8%
- cash and net receivables
- A year earlier
- 3.3%
- Oct 2013 · now ▼ 2.2 pts
- Last 12 months
- 0.2% – 1.2%
- 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.