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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
₹4,505 Cr
up ₹173 Cr vs Feb 2015
- Stocks held
- 53
- unchanged
Reliance Tax Saver is an active equity fund in the ELSS (tax saving) category from Nippon India Mutual Fund. In March 2015 it disclosed 53 stocks worth ₹4,505 Cr, up ₹173 Cr from Feb 2015. Its largest positions were TVS Motor Company Limited (9.2%), State Bank of India (5.0%), Honeywell Automation India Limited (3.9%); the ten largest together made up 42.4% of the portfolio, and Electrical Equipment was the biggest sector at 15.6% of its equity. Cash and debt stood at 2.2%. Compared with Feb 2015 the fund entered 1 new stock and exited 1.
Against 47 other ELSS (tax saving) funds
Concentration
53%
Top-10 weight is higher than 53% of peers
Breadth
43%
Holds more stocks than 43% of peers
Cash
40%
Holds more cash than 40% of peers
What these mean: concentration · cash
Holdings in March 2015
Download CSVEvery line the fund disclosed, with the change against Feb 2015. 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 | 9.22% | down 0.61 pts | ₹416 Cr | down ₹10.3 Cr | Trimmed |
| State Bank of India | 5.02% | down 0.63 pts | ₹226 Cr | down ₹18.4 Cr | Trimmed |
| Honeywell Automation India Limited | 3.86% | down 0.17 pts | ₹174 Cr | down ₹52 L | Held |
| Tata Steel Limited | 3.80% | down 0.12 pts | ₹171 Cr | up ₹1.6 Cr | Added |
| Bharat Heavy Electricals Limited | 3.76% | up 0.21 pts | ₹169 Cr | up ₹15.7 Cr | Added |
| Siemens Limited | 3.63% | down 0.04 pts | ₹163 Cr | up ₹4.6 Cr | Added |
| ACC Limited | 3.53% | up 0.01 pts | ₹159 Cr | up ₹6.4 Cr | Added |
| Jet Airways (India) Ltd | 3.48% | up 0.39 pts | ₹157 Cr | up ₹23 Cr | Added |
| Schneider Electric Infrastructure Limited | 3.07% | up 0.46 pts | ₹138 Cr | up ₹25.4 Cr | Added |
| Bharat Forge Limited | 3.06% | down 0.07 pts | ₹138 Cr | up ₹2.4 Cr | Added |
| Federal-Mogul Goetze (India) Limited. | 2.93% | down 0.13 pts | ₹132 Cr | down ₹71 L | Trimmed |
| GE Vernova T&D India Limited | 2.92% | up 0.20 pts | ₹132 Cr | up ₹13.6 Cr | Added |
| Wipro Limited | 2.51% | down 0.23 pts | ₹113 Cr | down ₹5.5 Cr | Trimmed |
| KSB Limited | 2.10% | up 0.10 pts | ₹94.6 Cr | up ₹8.1 Cr | Added |
| Simplex Infrastructures Limited | 2.09% | up <0.01 pts | ₹94.1 Cr | up ₹3.7 Cr | Added |
| Axis Bank Limited | 2.01% | up 0.11 pts | ₹90.8 Cr | up ₹8.1 Cr | Added |
| Divi's Laboratories Limited | 2.00% | down 0.01 pts | ₹90 Cr | up ₹3.2 Cr | Added |
| Cash, TREPS & receivables | 1.97% | up 0.53 pts | ₹88.7 Cr | up ₹26.3 Cr | Added |
| Trent Limited | 1.97% | down 0.07 pts | ₹88.6 Cr | up ₹21 L | Held |
| Sundaram Clayton Limited | 1.91% | down <0.01 pts | ₹85.9 Cr | up ₹3.1 Cr | Added |
| ABB India Limited | 1.86% | down 0.20 pts | ₹83.9 Cr | down ₹5.5 Cr | Trimmed |
| The Indian Hotels Company Limited | 1.85% | up 0.20 pts | ₹83.4 Cr | up ₹11.8 Cr | Added |
| UPL Limited | 1.77% | up 0.04 pts | ₹79.6 Cr | up ₹4.7 Cr | Added |
| The Ramco Cements Limited | 1.71% | up 0.31 pts | ₹77.2 Cr | up ₹16.6 Cr | Added |
| ICICI Bank Limited | 1.70% | up 1.34 pts | ₹76.7 Cr | up ₹61.1 Cr | Added |
| Cummins India Limited | 1.58% | down 0.09 pts | ₹71.3 Cr | down ₹1.3 Cr | Trimmed |
| Steel Authority of India Limited | 1.56% | down 0.14 pts | ₹70.5 Cr | down ₹3.2 Cr | Trimmed |
| Linde India Limited | 1.42% | up 0.01 pts | ₹63.8 Cr | up ₹2.7 Cr | Added |
| Wheels India Limited | 1.41% | down 0.27 pts | ₹63.5 Cr | down ₹9.3 Cr | Trimmed |
| Ramkrishna Forgings Limited | 1.37% | down 0.13 pts | ₹61.6 Cr | down ₹3.4 Cr | Trimmed |
| Info Edge (India) Limited | 1.34% | down 0.03 pts | ₹60.5 Cr | up ₹1 Cr | Added |
| Hindustan Petroleum Corporation Limited | 1.30% | up 0.01 pts | ₹58.5 Cr | up ₹2.6 Cr | Added |
| Shoppers Stop Limited | 1.24% | down 0.23 pts | ₹55.9 Cr | down ₹7.8 Cr | Trimmed |
| SML ISUZU LTD. | 1.23% | up 0.12 pts | ₹55.3 Cr | up ₹7.2 Cr | Added |
| Eicher Motors Limited | 1.18% | down 0.07 pts | ₹53 Cr | down ₹1.2 Cr | Trimmed |
| Vesuvius India Limited Vesuvius India Ltd · history in this fund | 1.15% | down 0.03 pts | ₹52 Cr | up ₹56 L | Added |
| Jubilant Foodworks Limited | 1.09% | down 0.17 pts | ₹49.2 Cr | down ₹5.6 Cr | Trimmed |
| Kennametal India Limited | 0.96% | down 0.05 pts | ₹43.2 Cr | down ₹48 L | Trimmed |
| GE Power India Limited | 0.95% | up 0.03 pts | ₹42.7 Cr | up ₹2.9 Cr | Added |
| JSW Steel Limited | 0.91% | down 0.14 pts | ₹40.8 Cr | down ₹4.7 Cr | Trimmed |
| Sanofi India Limited | 0.81% | down 0.22 pts | ₹36.5 Cr | down ₹8.3 Cr | Trimmed |
| Oriental Bank of Commerce | 0.74% | down 0.16 pts | ₹33.1 Cr | down ₹5.7 Cr | Trimmed |
| Reliance Capital Ltd | 0.73% | up 0.35 pts | ₹32.7 Cr | up ₹16.3 Cr | Added |
| Automotive Axles Limited | 0.69% | up 0.06 pts | ₹31.1 Cr | up ₹3.6 Cr | Added |
| Yes Bank Limited | 0.64% | down 0.06 pts | ₹28.6 Cr | down ₹1.6 Cr | Trimmed |
| The Federal Bank Limited | 0.53% | down 0.07 pts | ₹23.8 Cr | down ₹1.9 Cr | Trimmed |
| Bombay Burmah Trading Corporation Limited | 0.53% | up 0.04 pts | ₹23.8 Cr | up ₹2.6 Cr | Added |
| Hathway Cable & Datacom Limited | 0.49% | down 0.09 pts | ₹22.1 Cr | down ₹2.9 Cr | Trimmed |
| Indian Metals & Ferro Alloys Limited | 0.45% | down 0.19 pts | ₹20.5 Cr | down ₹7.6 Cr | Trimmed |
| Reliance Power Limited | 0.44% | down 0.07 pts | ₹19.6 Cr | down ₹2.1 Cr | Trimmed |
What changed, Feb 2015 to Mar 2015
New New positions (1)
- Canara Bank0.4% · ₹16.6 Cr
Exited Exited (1)
- Mahindra & Mahindra Financial Services Limitedwas 0.3% · ₹11.2 Cr
Added Biggest additions
- ICICI Bank Limitedup ₹61.1 Cr (+1.34% pts)
- Schneider Electric Infrastructure Limitedup ₹25.4 Cr (+0.46% pts)
- Jet Airways (India) Ltdup ₹23 Cr (+0.39% 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 Feb 2015, the weight rose most in Banks (+1.0 pts) and Electrical Equipment (+0.7 pts), and fell most in Automobiles (−0.6 pts) and Ferrous Metals (−0.6 pts).
- Banks10.3% → 11.3%+1.0 pts
- Electrical Equipment14.9% → 15.6%+0.7 pts
- Transportation3.1% → 3.6%+0.4 pts
- Cement & Cement Products5.0% → 5.4%+0.4 pts
- Auto1.1% → 1.3%+0.1 pts
- Automobiles11.3% → 10.6%−0.6 pts
- Ferrous Metals7.4% → 6.9%−0.6 pts
- Auto Ancillaries7.4% → 7.1%−0.3 pts
- Retailing5.0% → 4.7%−0.3 pts
- IT - Software2.8% → 2.6%−0.2 pts
- Pharmaceuticals & Biotechnology3.1% → 2.9%−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 | Mar 2014 | Sep 2014 | Dec 2014 | Feb 2015 | Mar 2015 |
|---|---|---|---|---|---|
| Electrical Equipment | 13.6% | 13.7% | 15.0% | 14.9% | 15.6% |
| Banks | 11.8% | 6.0% | 8.9% | 10.3% | 11.3% |
| Automobiles | 11.9% | 13.1% | 12.3% | 11.3% | 10.6% |
| Industrial Products | 9.4% | 8.6% | 8.2% | 8.1% | 8.1% |
| Auto Ancillaries | 4.6% | 6.9% | 7.1% | 7.4% | 7.1% |
| Ferrous Metals | 6.3% | 4.6% | 8.4% | 7.4% | 6.9% |
| Cement & Cement Products | 8.2% | 6.3% | 4.8% | 5.0% | 5.4% |
| Retailing | 7.5% | 7.0% | 5.8% | 5.0% | 4.7% |
| Industrial Manufacturing | 2.7% | 3.4% | 3.7% | 4.1% | 3.9% |
| Transportation | — | 0.5% | 1.3% | 3.1% | 3.6% |
Allocation in Mar 2015change vs Feb 2015
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, Mar 2015
2.2%
▲ 0.5 pts vs Feb 2015
- Cash alone
- 1.9%
- cash and net receivables
- A year earlier
- 1.1%
- Mar 2014 · now ▲ 1.1 pts
- Last 12 months
- 0.2% – 2.2%
- 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.