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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
₹3,618 Cr
up ₹225 Cr vs Oct 2014
- Stocks held
- 50
- down 1 vs Oct 2014
Reliance Tax Saver is an active equity fund in the ELSS (tax saving) category from Nippon India Mutual Fund. In November 2014 it disclosed 50 stocks worth ₹3,618 Cr, up ₹225 Cr from Oct 2014. Its largest positions were TVS Motor Company Limited (9.7%), State Bank of India (6.4%), Tata Steel Limited (5.9%); the ten largest together made up 46.3% of the portfolio, and Electrical Equipment was the biggest sector at 14.0% of its equity. Cash and debt stood at 1.3%. Compared with Oct 2014 the fund entered 4 new stocks and exited 5.
Against 47 other ELSS (tax saving) funds
Concentration
74%
Top-10 weight is higher than 74% of peers
Breadth
38%
Holds more stocks than 38% of peers
Cash
15%
Holds more cash than 15% of peers
What these mean: concentration · cash
Holdings in November 2014
Download CSVEvery line the fund disclosed, with the change against Oct 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 | 9.69% | down 2.03 pts | ₹351 Cr | down ₹47 Cr | Trimmed |
| State Bank of India | 6.40% | up 0.66 pts | ₹231 Cr | up ₹36.8 Cr | Added |
| Tata Steel Limited | 5.89% | up 1.85 pts | ₹213 Cr | up ₹76.1 Cr | Added |
| Wipro Limited | 4.37% | up 0.99 pts | ₹158 Cr | up ₹43.5 Cr | Added |
| Honeywell Automation India Limited | 3.76% | up 0.48 pts | ₹136 Cr | up ₹24.8 Cr | Added |
| ACC Limited | 3.67% | down 0.31 pts | ₹133 Cr | down ₹2.2 Cr | Trimmed |
| GE Vernova T&D India Limited | 3.42% | down 0.06 pts | ₹124 Cr | up ₹5.6 Cr | Added |
| Federal-Mogul Goetze (India) Limited. | 3.30% | up 0.66 pts | ₹119 Cr | up ₹29.7 Cr | Added |
| Siemens Limited | 2.91% | down 0.61 pts | ₹105 Cr | down ₹14.1 Cr | Trimmed |
| Bharat Forge Limited | 2.88% | up 0.29 pts | ₹104 Cr | up ₹16.4 Cr | Added |
| Bharat Heavy Electricals Limited | 2.82% | up 0.10 pts | ₹102 Cr | up ₹9.8 Cr | Added |
| Schneider Electric Infrastructure Limited | 2.75% | down 0.38 pts | ₹99.4 Cr | down ₹6.6 Cr | Trimmed |
| Trent Limited | 2.43% | up 0.07 pts | ₹88 Cr | up ₹7.9 Cr | Added |
| Divi's Laboratories Limited | 2.41% | down 0.38 pts | ₹87.1 Cr | down ₹7.4 Cr | Trimmed |
| Cummins India Limited | 2.22% | up 0.21 pts | ₹80.3 Cr | up ₹12.2 Cr | Added |
| Sundaram Clayton Limited | 2.04% | down 0.25 pts | ₹73.8 Cr | down ₹3.9 Cr | Trimmed |
| ABB India Limited | 1.94% | down 0.14 pts | ₹70.1 Cr | down ₹34 L | Held |
| KSB Limited | 1.93% | down 0.05 pts | ₹70 Cr | up ₹2.7 Cr | Added |
| Info Edge (India) Limited | 1.93% | up 0.14 pts | ₹69.7 Cr | up ₹9 Cr | Added |
| Oriental Bank of Commerce | 1.82% | up 0.76 pts | ₹66 Cr | up ₹30 Cr | Added |
| Shoppers Stop Limited | 1.81% | down 0.35 pts | ₹65.4 Cr | down ₹7.7 Cr | Trimmed |
| Sanofi India Limited | 1.67% | down 0.36 pts | ₹60.6 Cr | down ₹8.6 Cr | Trimmed |
| The Indian Hotels Company Limited | 1.58% | up 0.05 pts | ₹57.2 Cr | up ₹5.4 Cr | Added |
| Simplex Infrastructures Limited | 1.52% | up 1.52 pts | ₹55 Cr | up ₹55 Cr | New |
| The Ramco Cements Limited | 1.52% | down 0.12 pts | ₹54.9 Cr | down ₹81 L | Trimmed |
| Hindustan Petroleum Corporation Limited | 1.48% | up 0.08 pts | ₹53.7 Cr | up ₹6 Cr | Added |
| Vesuvius India Limited Vesuvius India Ltd · history in this fund | 1.41% | down 0.07 pts | ₹50.9 Cr | up ₹71 L | Added |
| Eicher Motors Limited | 1.34% | up 0.08 pts | ₹48.3 Cr | up ₹5.8 Cr | Added |
| Steel Authority of India Limited | 1.33% | up 1.33 pts | ₹48.1 Cr | up ₹48.1 Cr | New |
| Wheels India Limited | 1.32% | up 0.01 pts | ₹47.7 Cr | up ₹3.3 Cr | Added |
| SML ISUZU LTD. | 1.31% | down 0.54 pts | ₹47.5 Cr | down ₹15.3 Cr | Trimmed |
| Ramkrishna Forgings Limited | 1.21% | up 0.10 pts | ₹43.7 Cr | up ₹6.1 Cr | Added |
| UPL Limited | 1.20% | down 0.09 pts | ₹43.6 Cr | down ₹35 L | Trimmed |
| Kennametal India Limited | 1.09% | down 0.04 pts | ₹39.5 Cr | up ₹1 Cr | Added |
| Linde India Limited | 1.09% | up 0.14 pts | ₹39.3 Cr | up ₹7.1 Cr | Added |
| Hathway Cable & Datacom Limited | 1.06% | up 0.09 pts | ₹38.5 Cr | up ₹5.4 Cr | Added |
| GE Power India Limited | 1.03% | down 0.11 pts | ₹37.1 Cr | down ₹1.3 Cr | Trimmed |
| Cash, TREPS & receivables | 0.97% | up 0.15 pts | ₹35.2 Cr | up ₹7.2 Cr | Added |
| Indian Metals & Ferro Alloys Limited | 0.80% | down 0.10 pts | ₹29.1 Cr | down ₹1.5 Cr | Trimmed |
| Abbott India Limited | 0.77% | up 0.05 pts | ₹27.7 Cr | up ₹3.3 Cr | Added |
| The Federal Bank Limited | 0.76% | up <0.01 pts | ₹27.3 Cr | up ₹1.8 Cr | Added |
| JSW Steel Limited | 0.75% | down 0.09 pts | ₹27 Cr | down ₹1.4 Cr | Trimmed |
| Automotive Axles Limited | 0.58% | down 0.01 pts | ₹21.1 Cr | up ₹97 L | Added |
| Reliance Communications Ltd | 0.57% | down 0.06 pts | ₹20.5 Cr | down ₹64 L | Trimmed |
| Anant Raj Limited | 0.55% | down 0.06 pts | ₹19.8 Cr | down ₹71 L | Trimmed |
| PC Jeweller Limited PC Jeweller Ltd. · history in this fund | 0.54% | down 0.04 pts | ₹19.5 Cr | down ₹5 L | Held |
| Reliance Capital Ltd | 0.52% | up 0.02 pts | ₹18.9 Cr | up ₹1.8 Cr | Added |
| Jet Airways (India) Ltd | 0.41% | up 0.41 pts | ₹14.9 Cr | up ₹14.9 Cr | New |
| Redington Limited | 0.40% | up 0.40 pts | ₹14.4 Cr | up ₹14.4 Cr | New |
| Snowman Logistics Ltd | 0.32% | down 0.22 pts | ₹11.6 Cr | down ₹6.7 Cr | Trimmed |
What changed, Oct 2014 to Nov 2014
New New positions (4)
- Simplex Infrastructures Limited1.5% · ₹55 Cr
- Steel Authority of India Limited1.3% · ₹48.1 Cr
- Jet Airways (India) Ltd0.4% · ₹14.9 Cr
- Redington Limited0.4% · ₹14.4 Cr
Exited Exited (5)
- Titan Company Limitedwas 1.4% · ₹46 Cr
- IDFC LTD.was 1.1% · ₹38 Cr
- Canara Bankwas 0.9% · ₹29 Cr
- ADITYA BIRLA NUVO LTD.was 0.4% · ₹12.6 Cr
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 Oct 2014, the weight rose most in Ferrous Metals (+3.0 pts) and Construction (+1.5 pts), and fell most in Automobiles (−2.0 pts) and Consumer Durables (−1.4 pts).
- Ferrous Metals5.8% → 8.9%+3.0 pts
- Construction0.0% → 1.5%new+1.5 pts
- IT - Software3.4% → 4.4%+1.0 pts
- Banks8.5% → 9.1%+0.6 pts
- Industrial Manufacturing3.3% → 3.8%+0.5 pts
- Auto Ancillaries6.9% → 7.3%+0.4 pts
- Automobiles13.1% → 11.2%−2.0 pts
- Consumer Durables2.0% → 0.5%−1.4 pts
- Finance1.6% → 0.5%−1.1 pts
- Electrical Equipment15.1% → 14.0%−1.1 pts
- Pharmaceuticals & Biotechnology5.6% → 4.9%−0.7 pts
- Auto1.9% → 1.3%−0.5 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 | Nov 2013 | May 2014 | Aug 2014 | Oct 2014 | Nov 2014 |
|---|---|---|---|---|---|
| Electrical Equipment | 12.2% | 13.3% | 13.1% | 15.1% | 14.0% |
| Automobiles | 9.2% | 11.1% | 12.7% | 13.1% | 11.2% |
| Banks | 7.8% | 6.9% | 6.5% | 8.5% | 9.1% |
| Ferrous Metals | 3.0% | 2.1% | 4.4% | 5.8% | 8.9% |
| Industrial Products | 8.3% | 9.9% | 9.3% | 8.2% | 8.6% |
| Auto Ancillaries | 3.9% | 5.4% | 6.6% | 6.9% | 7.3% |
| Retailing | 7.3% | 6.6% | 6.2% | 6.4% | 6.2% |
| Cement & Cement Products | 8.7% | 7.7% | 6.8% | 5.7% | 5.3% |
| Pharmaceuticals & Biotechnology | 7.3% | 6.0% | 5.4% | 5.6% | 4.9% |
| IT - Software | — | 2.6% | 3.4% | 3.4% | 4.4% |
Allocation in Nov 2014change vs Oct 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, Nov 2014
1.3%
▲ 0.1 pts vs Oct 2014
- Cash alone
- 1.0%
- cash and net receivables
- A year earlier
- 0.7%
- Nov 2013 · now ▲ 0.6 pts
- Last 12 months
- 0.2% – 1.3%
- 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.