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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
₹3,796 Cr
up ₹178 Cr vs Nov 2014
- Stocks held
- 51
- up 1 vs Nov 2014
Reliance Tax Saver is an active equity fund in the ELSS (tax saving) category from Nippon India Mutual Fund. In December 2014 it disclosed 51 stocks worth ₹3,796 Cr, up ₹178 Cr from Nov 2014. Its largest positions were TVS Motor Company Limited (10.8%), State Bank of India (5.9%), Tata Steel Limited (4.7%); the ten largest together made up 45.7% of the portfolio, and Electrical Equipment was the biggest sector at 15.0% of its equity. Cash and debt stood at 0.4%. Compared with Nov 2014 the fund entered 2 new stocks and exited 1.
Against 47 other ELSS (tax saving) funds
Concentration
70%
Top-10 weight is higher than 70% of peers
Breadth
43%
Holds more stocks than 43% of peers
Cash
2%
Holds more cash than 2% of peers
What these mean: concentration · cash
Holdings in December 2014
Download CSVEvery line the fund disclosed, with the change against Nov 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 | 10.82% | up 1.13 pts | ₹411 Cr | up ₹60.1 Cr | Added |
| State Bank of India | 5.91% | down 0.48 pts | ₹225 Cr | down ₹6.9 Cr | Trimmed |
| Tata Steel Limited | 4.73% | down 1.15 pts | ₹180 Cr | down ₹33.3 Cr | Trimmed |
| Wipro Limited | 4.08% | down 0.29 pts | ₹155 Cr | down ₹3.3 Cr | Trimmed |
| Bharat Heavy Electricals Limited | 3.95% | up 1.13 pts | ₹150 Cr | up ₹47.9 Cr | Added |
| Honeywell Automation India Limited | 3.61% | down 0.14 pts | ₹137 Cr | up ₹1.3 Cr | Added |
| ACC Limited | 3.32% | down 0.35 pts | ₹126 Cr | down ₹6.8 Cr | Trimmed |
| Federal-Mogul Goetze (India) Limited. | 3.17% | down 0.13 pts | ₹120 Cr | up ₹86 L | Added |
| Siemens Limited | 3.12% | up 0.21 pts | ₹118 Cr | up ₹13.1 Cr | Added |
| GE Vernova T&D India Limited | 3.01% | down 0.41 pts | ₹114 Cr | down ₹9.6 Cr | Trimmed |
| Bharat Forge Limited | 2.69% | down 0.19 pts | ₹102 Cr | down ₹2.2 Cr | Trimmed |
| Schneider Electric Infrastructure Limited | 2.63% | down 0.12 pts | ₹99.9 Cr | up ₹47 L | Held |
| Trent Limited | 2.37% | down 0.06 pts | ₹89.9 Cr | up ₹1.9 Cr | Added |
| Divi's Laboratories Limited | 2.29% | down 0.12 pts | ₹86.9 Cr | down ₹23 L | Held |
| KSB Limited | 2.19% | up 0.26 pts | ₹83.2 Cr | up ₹13.3 Cr | Added |
| ABB India Limited | 2.14% | up 0.20 pts | ₹81.2 Cr | up ₹11 Cr | Added |
| Sundaram Clayton Limited | 2.07% | up 0.03 pts | ₹78.5 Cr | up ₹4.7 Cr | Added |
| The Indian Hotels Company Limited | 2.02% | up 0.44 pts | ₹76.7 Cr | up ₹19.6 Cr | Added |
| Cummins India Limited | 1.87% | down 0.35 pts | ₹70.8 Cr | down ₹9.5 Cr | Trimmed |
| Shoppers Stop Limited | 1.78% | down 0.03 pts | ₹67.4 Cr | up ₹2 Cr | Added |
| Steel Authority of India Limited | 1.66% | up 0.33 pts | ₹63.2 Cr | up ₹15.1 Cr | Added |
| UPL Limited | 1.64% | up 0.44 pts | ₹62.4 Cr | up ₹18.8 Cr | Added |
| Info Edge (India) Limited | 1.61% | down 0.31 pts | ₹61.2 Cr | down ₹8.5 Cr | Trimmed |
| Sanofi India Limited | 1.57% | down 0.10 pts | ₹59.7 Cr | down ₹85 L | Trimmed |
| Simplex Infrastructures Limited | 1.50% | down 0.02 pts | ₹56.9 Cr | up ₹1.8 Cr | Added |
| The Ramco Cements Limited | 1.47% | down 0.05 pts | ₹55.7 Cr | up ₹84 L | Added |
| Oriental Bank of Commerce | 1.45% | down 0.37 pts | ₹55 Cr | down ₹10.9 Cr | Trimmed |
| Vesuvius India Limited Vesuvius India Ltd · history in this fund | 1.34% | down 0.07 pts | ₹50.9 Cr | down ₹0 L | Held |
| Eicher Motors Limited | 1.32% | down 0.01 pts | ₹50.2 Cr | up ₹1.9 Cr | Added |
| Hindustan Petroleum Corporation Limited | 1.30% | down 0.19 pts | ₹49.3 Cr | down ₹4.4 Cr | Trimmed |
| Jet Airways (India) Ltd | 1.28% | up 0.86 pts | ₹48.4 Cr | up ₹33.6 Cr | Added |
| Ramkrishna Forgings Limited | 1.26% | up 0.06 pts | ₹48 Cr | up ₹4.3 Cr | Added |
| Wheels India Limited | 1.19% | down 0.13 pts | ₹45.3 Cr | down ₹2.5 Cr | Trimmed |
| SML ISUZU LTD. | 1.13% | down 0.19 pts | ₹42.8 Cr | down ₹4.7 Cr | Trimmed |
| JSW Steel Limited | 1.12% | up 0.37 pts | ₹42.4 Cr | up ₹15.4 Cr | Added |
| Linde India Limited | 1.10% | up 0.02 pts | ₹41.9 Cr | up ₹2.6 Cr | Added |
| Kennametal India Limited | 1.10% | up 0.01 pts | ₹41.8 Cr | up ₹2.4 Cr | Added |
| Hathway Cable & Datacom Limited | 0.99% | down 0.08 pts | ₹37.5 Cr | down ₹97 L | Trimmed |
| GE Power India Limited | 0.98% | down 0.04 pts | ₹37.2 Cr | up ₹15 L | Held |
| Reliance Liquid Fund - Treasury Plan- Direct Plan - Growth Plan Fund units | 0.92% | up 0.92 pts | ₹35 Cr | up ₹35 Cr | New |
| Indian Metals & Ferro Alloys Limited | 0.76% | down 0.05 pts | ₹28.7 Cr | down ₹44 L | Trimmed |
| The Federal Bank Limited | 0.72% | down 0.04 pts | ₹27.3 Cr | down ₹2 L | Held |
| Yes Bank Limited | 0.71% | up 0.71 pts | ₹27.1 Cr | up ₹27.1 Cr | New |
| Abbott India Limited | 0.60% | down 0.17 pts | ₹22.7 Cr | down ₹5 Cr | Trimmed |
| Automotive Axles Limited | 0.59% | up 0.01 pts | ₹22.6 Cr | up ₹1.5 Cr | Added |
| Anant Raj Limited | 0.47% | down 0.08 pts | ₹17.9 Cr | down ₹1.9 Cr | Trimmed |
| Reliance Capital Ltd | 0.47% | down 0.05 pts | ₹17.8 Cr | down ₹1.1 Cr | Trimmed |
| PC Jeweller Limited PC Jeweller Ltd. · history in this fund | 0.46% | down 0.08 pts | ₹17.5 Cr | down ₹2 Cr | Trimmed |
| Redington Limited | 0.43% | up 0.04 pts | ₹16.5 Cr | up ₹2.1 Cr | Added |
| Reliance Communications Ltd | 0.42% | down 0.15 pts | ₹15.9 Cr | down ₹4.6 Cr | Trimmed |
What changed, Nov 2014 to Dec 2014
New New positions (2)
- Yes Bank Limited0.7% · ₹27.1 Cr
- Reliance Power Limited0.2% · ₹9.3 Cr
Exited Exited (1)
- Snowman Logistics Ltdwas 0.3% · ₹11.6 Cr
Added Biggest additions
- TVS Motor Company Limitedup ₹60.1 Cr (+1.13% pts)
- Bharat Heavy Electricals Limitedup ₹47.9 Cr (+1.13% pts)
- Jet Airways (India) Ltd ₹33.6 Cr (+0.86% 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 Nov 2014, the weight rose most in Automobiles (+1.1 pts) and Electrical Equipment (+1.0 pts), and fell most in Ferrous Metals (−0.5 pts) and Retailing (−0.4 pts).
- Automobiles11.2% → 12.3%+1.1 pts
- Electrical Equipment14.0% → 15.0%+1.0 pts
- Transportation0.7% → 1.3%+0.6 pts
- Leisure Services1.6% → 2.0%+0.4 pts
- Fertilizers & Agrochemicals1.2% → 1.7%+0.4 pts
- Power0.0% → 0.2%new+0.2 pts
- Ferrous Metals8.9% → 8.4%−0.5 pts
- Retailing6.2% → 5.8%−0.4 pts
- Cement & Cement Products5.3% → 4.8%−0.4 pts
- Pharmaceuticals & Biotechnology4.9% → 4.5%−0.4 pts
- Industrial Products8.6% → 8.2%−0.4 pts
- IT - Software4.4% → 4.1%−0.3 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 | Dec 2013 | Jun 2014 | Sep 2014 | Nov 2014 | Dec 2014 |
|---|---|---|---|---|---|
| Electrical Equipment | 12.3% | 13.2% | 13.7% | 14.0% | 15.0% |
| Automobiles | 10.9% | 11.5% | 13.1% | 11.2% | 12.3% |
| Banks | 9.3% | 7.7% | 6.0% | 9.1% | 8.9% |
| Ferrous Metals | 1.5% | 1.9% | 4.6% | 8.9% | 8.4% |
| Industrial Products | 8.4% | 9.9% | 8.6% | 8.6% | 8.2% |
| Auto Ancillaries | 3.8% | 6.0% | 6.9% | 7.3% | 7.1% |
| Retailing | 8.3% | 6.2% | 7.0% | 6.2% | 5.8% |
| Cement & Cement Products | 9.1% | 6.5% | 6.3% | 5.3% | 4.8% |
| Pharmaceuticals & Biotechnology | 7.2% | 5.5% | 5.8% | 4.9% | 4.5% |
| IT - Software | — | 3.4% | 3.9% | 4.4% | 4.1% |
Allocation in Dec 2014change vs Nov 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, Dec 2014
0.4%
▼ 0.9 pts vs Nov 2014
- Cash alone
- <0.1%
- cash and net receivables
- A year earlier
- 0.3%
- Dec 2013 · now ▲ 0.1 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.