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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
₹4,416 Cr
down ₹88.6 Cr vs Mar 2015
- Stocks held
- 54
- up 1 vs Mar 2015
Reliance Tax Saver is an active equity fund in the ELSS (tax saving) category from Nippon India Mutual Fund. In April 2015 it disclosed 54 stocks worth ₹4,416 Cr, down ₹88.6 Cr from Mar 2015. Its largest positions were TVS Motor Company Limited (9.0%), State Bank of India (5.5%), Tata Steel Limited (4.9%); the ten largest together made up 43.8% of the portfolio, and Electrical Equipment was the biggest sector at 16.0% of its equity. Cash and debt stood at 0.7%. Compared with Mar 2015 the fund entered 2 new stocks and exited 1.
Against 47 other ELSS (tax saving) funds
Concentration
57%
Top-10 weight is higher than 57% of peers
Breadth
45%
Holds more stocks than 45% of peers
Cash
4%
Holds more cash than 4% of peers
What these mean: concentration · cash
Holdings in April 2015
Download CSVEvery line the fund disclosed, with the change against Mar 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 | 9.03% | down 0.20 pts | ₹399 Cr | down ₹16.8 Cr | Trimmed |
| State Bank of India | 5.50% | up 0.48 pts | ₹243 Cr | up ₹16.6 Cr | Added |
| Tata Steel Limited | 4.90% | up 1.10 pts | ₹216 Cr | up ₹45.3 Cr | Added |
| Bharat Heavy Electricals Limited | 3.88% | up 0.12 pts | ₹171 Cr | up ₹1.9 Cr | Added |
| ACC Limited | 3.83% | up 0.30 pts | ₹169 Cr | up ₹10.1 Cr | Added |
| Siemens Limited | 3.83% | up 0.20 pts | ₹169 Cr | up ₹5.6 Cr | Added |
| Honeywell Automation India Limited | 3.55% | down 0.31 pts | ₹157 Cr | down ₹17.1 Cr | Trimmed |
| Federal-Mogul Goetze (India) Limited. | 3.30% | up 0.37 pts | ₹146 Cr | up ₹13.8 Cr | Added |
| Bharat Forge Limited | 3.07% | up 0.01 pts | ₹136 Cr | down ₹2.4 Cr | Trimmed |
| Jet Airways (India) Ltd | 2.94% | down 0.54 pts | ₹130 Cr | down ₹26.9 Cr | Trimmed |
| Schneider Electric Infrastructure Limited | 2.77% | down 0.30 pts | ₹122 Cr | down ₹16.1 Cr | Trimmed |
| GE Vernova T&D India Limited | 2.46% | down 0.46 pts | ₹109 Cr | down ₹23 Cr | Trimmed |
| ICICI Bank Limited | 2.36% | up 0.66 pts | ₹104 Cr | up ₹27.6 Cr | Added |
| Axis Bank Limited | 2.20% | up 0.18 pts | ₹97.1 Cr | up ₹6.3 Cr | Added |
| Wipro Limited | 2.20% | down 0.32 pts | ₹96.9 Cr | down ₹16.2 Cr | Trimmed |
| Canara Bank | 2.08% | up 1.71 pts | ₹91.9 Cr | up ₹75.4 Cr | Added |
| ABB India Limited | 2.01% | up 0.15 pts | ₹89 Cr | up ₹5 Cr | Added |
| UPL Limited | 2.00% | up 0.23 pts | ₹88.3 Cr | up ₹8.7 Cr | Added |
| Simplex Infrastructures Limited | 1.98% | down 0.11 pts | ₹87.3 Cr | down ₹6.8 Cr | Trimmed |
| Divi's Laboratories Limited | 1.97% | down 0.03 pts | ₹86.9 Cr | down ₹3.1 Cr | Trimmed |
| Sundaram Clayton Limited | 1.91% | up 0.01 pts | ₹84.4 Cr | down ₹1.5 Cr | Trimmed |
| The Indian Hotels Company Limited | 1.82% | down 0.04 pts | ₹80.2 Cr | down ₹3.2 Cr | Trimmed |
| The Ramco Cements Limited | 1.75% | up 0.04 pts | ₹77.5 Cr | up ₹30 L | Held |
| Ramkrishna Forgings Limited | 1.65% | up 0.28 pts | ₹72.8 Cr | up ₹11.2 Cr | Added |
| KSB Limited | 1.64% | down 0.45 pts | ₹72.6 Cr | down ₹21.9 Cr | Trimmed |
| Cummins India Limited | 1.58% | down <0.01 pts | ₹69.8 Cr | down ₹1.5 Cr | Trimmed |
| Trent Limited | 1.55% | down 0.41 pts | ₹68.7 Cr | down ₹20 Cr | Trimmed |
| Wheels India Limited | 1.53% | up 0.12 pts | ₹67.4 Cr | up ₹3.9 Cr | Added |
| Linde India Limited | 1.30% | down 0.12 pts | ₹57.4 Cr | down ₹6.4 Cr | Trimmed |
| Hindustan Petroleum Corporation Limited | 1.27% | down 0.02 pts | ₹56.3 Cr | down ₹2.2 Cr | Trimmed |
| SML ISUZU LTD. | 1.22% | down <0.01 pts | ₹54 Cr | down ₹1.2 Cr | Trimmed |
| Vesuvius India Limited Vesuvius India Ltd · history in this fund | 1.22% | up 0.06 pts | ₹53.8 Cr | up ₹1.8 Cr | Added |
| Jubilant Foodworks Limited | 1.12% | up 0.03 pts | ₹49.7 Cr | up ₹43 L | Added |
| Steel Authority of India Limited | 1.12% | down 0.44 pts | ₹49.5 Cr | down ₹21 Cr | Trimmed |
| Shoppers Stop Limited | 1.09% | down 0.15 pts | ₹47.9 Cr | down ₹7.9 Cr | Trimmed |
| Info Edge (India) Limited | 1.02% | down 0.32 pts | ₹45.1 Cr | down ₹15.4 Cr | Trimmed |
| JSW Steel Limited | 0.95% | up 0.04 pts | ₹41.9 Cr | up ₹1.2 Cr | Added |
| GE Power India Limited | 0.95% | up <0.01 pts | ₹41.9 Cr | down ₹74 L | Trimmed |
| Kennametal India Limited | 0.94% | down 0.02 pts | ₹41.4 Cr | down ₹1.9 Cr | Trimmed |
| CG Power and Industrial Solutions Limited | 0.89% | up 0.89 pts | ₹39.5 Cr | up ₹39.5 Cr | New |
| Oriental Bank of Commerce | 0.75% | up 0.01 pts | ₹33 Cr | down ₹14 L | Held |
| Reliance Capital Ltd | 0.71% | down 0.02 pts | ₹31.1 Cr | down ₹1.6 Cr | Trimmed |
| Yes Bank Limited | 0.67% | up 0.03 pts | ₹29.5 Cr | up ₹83 L | Added |
| Automotive Axles Limited | 0.64% | down 0.05 pts | ₹28.4 Cr | down ₹2.7 Cr | Trimmed |
| Reliance Power Limited | 0.61% | up 0.17 pts | ₹26.8 Cr | up ₹7.1 Cr | Added |
| Hathway Cable & Datacom Limited | 0.55% | up 0.06 pts | ₹24.3 Cr | up ₹2.3 Cr | Added |
| Indian Metals & Ferro Alloys Limited | 0.55% | up 0.09 pts | ₹24.2 Cr | up ₹3.8 Cr | Added |
| The Federal Bank Limited | 0.54% | up 0.01 pts | ₹23.7 Cr | down ₹12 L | Held |
| Bombay Burmah Trading Corporation Limited | 0.51% | down 0.02 pts | ₹22.6 Cr | down ₹1.1 Cr | Trimmed |
| Cash, TREPS & receivables | 0.44% | down 1.53 pts | ₹19.6 Cr | down ₹69.1 Cr | Trimmed |
What changed, Mar 2015 to Apr 2015
New New positions (2)
- CG Power and Industrial Solutions Limited0.9% · ₹39.5 Cr
- Max Financial Services Limited0.3% · ₹11.6 Cr
Exited Exited (1)
- Eicher Motors Limitedwas 1.2% · ₹53 Cr
Added Biggest additions
- Canara Bankup ₹75.4 Cr (+1.71% pts)
- Tata Steel Limitedup ₹45.3 Cr (+1.10% pts)
- ICICI Bank Limited ₹27.6 Cr (+0.66% 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 Mar 2015, the weight rose most in Banks (+2.9 pts) and Ferrous Metals (+0.7 pts), and fell most in Automobiles (−1.5 pts) and Retailing (−1.0 pts).
- Banks11.3% → 14.2%+2.9 pts
- Ferrous Metals6.9% → 7.6%+0.7 pts
- Electrical Equipment15.6% → 16.0%+0.4 pts
- Auto Ancillaries7.1% → 7.4%+0.3 pts
- Insurance0.0% → 0.3%new+0.3 pts
- Auto Components1.4% → 1.7%+0.3 pts
- Automobiles10.6% → 9.1%−1.5 pts
- Retailing4.7% → 3.7%−1.0 pts
- Transportation3.6% → 3.0%−0.6 pts
- Pharmaceuticals & Biotechnology2.9% → 2.3%−0.6 pts
- Industrial Products8.1% → 7.6%−0.5 pts
- Industrial Manufacturing3.9% → 3.6%−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 | Apr 2014 | Oct 2014 | Jan 2015 | Mar 2015 | Apr 2015 |
|---|---|---|---|---|---|
| Electrical Equipment | 14.0% | 15.1% | 14.4% | 15.6% | 16.0% |
| Banks | 10.8% | 8.5% | 7.9% | 11.3% | 14.2% |
| Automobiles | 10.0% | 13.1% | 12.9% | 10.6% | 9.1% |
| Ferrous Metals | 4.2% | 5.8% | 8.3% | 6.9% | 7.6% |
| Industrial Products | 9.3% | 8.2% | 7.9% | 8.1% | 7.6% |
| Auto Ancillaries | 5.1% | 6.9% | 7.3% | 7.1% | 7.4% |
| Cement & Cement Products | 7.2% | 5.7% | 4.9% | 5.4% | 5.6% |
| Retailing | 7.1% | 6.4% | 5.2% | 4.7% | 3.7% |
| Industrial Manufacturing | 2.8% | 3.3% | 3.5% | 3.9% | 3.6% |
| Leisure Services | — | 1.5% | 2.7% | 3.0% | 3.0% |
Allocation in Apr 2015change vs Mar 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, Apr 2015
0.7%
▼ 1.5 pts vs Mar 2015
- Cash alone
- 0.4%
- cash and net receivables
- A year earlier
- 0.6%
- Apr 2014 · now ▲ 0.1 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.