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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
₹4,442 Cr
up ₹228 Cr vs Sep 2015
- Stocks held
- 52
- 1 vs Sep 2015
Reliance Tax Saver is an active equity fund in the ELSS (tax saving) category from Nippon India Mutual Fund. In October 2015 it disclosed 52 stocks worth ₹4,442 Cr, up ₹228 Cr from Sep 2015. Its largest positions were TVS Motor Company Limited (10.3%), State Bank of India (5.1%), ICICI Bank Limited (4.5%); the ten largest together made up 43.4% of the portfolio, and Banks was the biggest sector at 16.9% of its equity. Cash and debt stood at 2.4%. Compared with Sep 2015 the fund entered 1 new stock and exited 0.
Against 47 other ELSS (tax saving) funds
Concentration
57%
Top-10 weight is higher than 57% of peers
Breadth
43%
Holds more stocks than 43% of peers
Cash
47%
Holds more cash than 47% of peers
What these mean: concentration · cash
Holdings in October 2015
Download CSVEvery line the fund disclosed, with the change against Sep 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 | 10.27% | up 0.49 pts | ₹456 Cr | up ₹44.2 Cr | Added |
| State Bank of India | 5.14% | down 0.28 pts | ₹228 Cr | down ₹10 L | Held |
| ICICI Bank Limited | 4.49% | down 0.13 pts | ₹199 Cr | up ₹4.8 Cr | Added |
| Honeywell Automation India Limited | 4.38% | down 0.15 pts | ₹195 Cr | up ₹3.7 Cr | Added |
| Tata Steel Limited | 3.70% | up 0.34 pts | ₹164 Cr | up ₹22.6 Cr | Added |
| ITC Limited | 3.39% | up 1.13 pts | ₹151 Cr | up ₹55.3 Cr | Added |
| Jet Airways (India) Ltd | 3.37% | up 0.48 pts | ₹150 Cr | up ₹28 Cr | Added |
| Larsen & Toubro Limited | 3.00% | down 0.60 pts | ₹133 Cr | down ₹18.4 Cr | Trimmed |
| Axis Bank Limited | 2.84% | down 0.28 pts | ₹126 Cr | down ₹5.4 Cr | Trimmed |
| Siemens Limited | 2.77% | down 0.43 pts | ₹123 Cr | down ₹11.8 Cr | Trimmed |
| The Indian Hotels Company Limited | 2.71% | up 0.58 pts | ₹120 Cr | up ₹30.6 Cr | Added |
| Bharat Heavy Electricals Limited | 2.62% | down 0.24 pts | ₹116 Cr | down ₹3.9 Cr | Trimmed |
| Divi's Laboratories Limited | 2.61% | down 0.05 pts | ₹116 Cr | up ₹3.9 Cr | Added |
| Federal-Mogul Goetze (India) Limited. | 2.48% | down 0.21 pts | ₹110 Cr | down ₹3.4 Cr | Trimmed |
| ABB India Limited | 2.27% | up 0.22 pts | ₹101 Cr | up ₹14.5 Cr | Added |
| Cash, TREPS & receivables | 2.17% | up 1.63 pts | ₹96.3 Cr | up ₹73.7 Cr | Added |
| GE Vernova T&D India Limited | 2.08% | down 0.06 pts | ₹92.2 Cr | up ₹2.1 Cr | Added |
| The Ramco Cements Limited | 2.06% | up 0.10 pts | ₹91.5 Cr | up ₹8.8 Cr | Added |
| Sundaram Clayton Limited | 1.92% | down 0.14 pts | ₹85.2 Cr | down ₹1.4 Cr | Trimmed |
| Bharat Forge Limited | 1.92% | down 0.22 pts | ₹85.1 Cr | down ₹4.8 Cr | Trimmed |
| Ramkrishna Forgings Limited | 1.86% | down 0.19 pts | ₹82.6 Cr | down ₹3.9 Cr | Trimmed |
| KSB Limited | 1.75% | down 0.05 pts | ₹77.6 Cr | up ₹2 Cr | Added |
| Cummins India Limited | 1.74% | down 0.37 pts | ₹77.3 Cr | down ₹11.4 Cr | Trimmed |
| Trent Limited | 1.61% | up 0.02 pts | ₹71.6 Cr | up ₹4.7 Cr | Added |
| Schneider Electric Infrastructure Limited | 1.59% | down 0.41 pts | ₹70.6 Cr | down ₹13.7 Cr | Trimmed |
| Canara Bank | 1.51% | down 0.10 pts | ₹67.3 Cr | down ₹70 L | Trimmed |
| Simplex Infrastructures Limited | 1.51% | up 0.11 pts | ₹67.2 Cr | up ₹7.9 Cr | Added |
| Wheels India Limited | 1.49% | down 0.06 pts | ₹66 Cr | up ₹83 L | Added |
| UPL Limited | 1.39% | down 0.18 pts | ₹61.6 Cr | down ₹4.4 Cr | Trimmed |
| Jubilant Foodworks Limited | 1.33% | up 0.06 pts | ₹59 Cr | up ₹5.7 Cr | Added |
| Reliance Capital Ltd | 1.24% | up 0.08 pts | ₹55 Cr | up ₹6 Cr | Added |
| Shoppers Stop Limited | 1.19% | down 0.03 pts | ₹52.9 Cr | up ₹1.7 Cr | Added |
| Vesuvius India Limited Vesuvius India Ltd · history in this fund | 1.18% | up 0.01 pts | ₹52.6 Cr | up ₹3 Cr | Added |
| Tata Motors Limited | 1.17% | down 0.49 pts | ₹52 Cr | down ₹17.9 Cr | Trimmed |
| JSW Steel Limited | 1.14% | down 0.03 pts | ₹50.8 Cr | up ₹1.2 Cr | Added |
| Cipla Limited | 1.12% | up 0.03 pts | ₹49.7 Cr | up ₹3.9 Cr | Added |
| Linde India Limited | 1.08% | up 0.03 pts | ₹47.9 Cr | up ₹3.5 Cr | Added |
| BEML Limited | 1.06% | down 0.35 pts | ₹47.2 Cr | down ₹12.4 Cr | Trimmed |
| Bank of Baroda | 0.97% | down 0.20 pts | ₹43.3 Cr | down ₹6.2 Cr | Trimmed |
| Info Edge (India) Limited | 0.92% | down 0.11 pts | ₹40.8 Cr | down ₹2.4 Cr | Trimmed |
| Kennametal India Limited | 0.85% | down 0.08 pts | ₹37.9 Cr | down ₹1.5 Cr | Trimmed |
| HCL Technologies Limited | 0.72% | up 0.72 pts | ₹32.2 Cr | up ₹32.2 Cr | New |
| Bombay Burmah Trading Corporation Limited | 0.61% | down 0.01 pts | ₹26.9 Cr | up ₹93 L | Added |
| Yes Bank Limited | 0.60% | down 0.01 pts | ₹26.6 Cr | up ₹1 Cr | Added |
| Automotive Axles Limited | 0.54% | down 0.06 pts | ₹24.2 Cr | down ₹1.4 Cr | Trimmed |
| Reliance Power Limited | 0.54% | up 0.05 pts | ₹23.8 Cr | up ₹3.5 Cr | Added |
| Oriental Bank of Commerce | 0.49% | down 0.01 pts | ₹21.8 Cr | up ₹69 L | Added |
| Reliance Communications Ltd | 0.44% | up 0.02 pts | ₹19.5 Cr | up ₹1.9 Cr | Added |
| The Federal Bank Limited | 0.44% | down 0.11 pts | ₹19.5 Cr | down ₹3.5 Cr | Trimmed |
| Hathway Cable & Datacom Limited | 0.41% | up 0.02 pts | ₹18.4 Cr | up ₹1.9 Cr | Added |
What changed, Sep 2015 to Oct 2015
New New positions (1)
- HCL Technologies Limited0.7% · ₹32.2 Cr
Exited Exited (0)
None.
Added Biggest additions
- ITC Limitedup ₹55.3 Cr (+1.13% pts)
- TVS Motor Company Limitedup ₹44.2 Cr (+0.49% pts)
- The Indian Hotels Company Limitedup ₹30.6 Cr (+0.58% pts)
- Jet Airways (India) Ltdup ₹28 Cr (+0.48% 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 2015, the weight rose most in Diversified FMCG (+1.2 pts) and IT - Software (+0.7 pts), and fell most in Banks (−0.8 pts) and Electrical Equipment (−0.7 pts).
- Diversified FMCG2.3% → 3.5%+1.2 pts
- IT - Software0.0% → 0.7%new+0.7 pts
- Leisure Services3.4% → 4.1%+0.7 pts
- Transportation2.9% → 3.5%+0.5 pts
- Ferrous Metals5.0% → 5.4%+0.4 pts
- Automobiles11.5% → 11.7%+0.2 pts
- Banks17.7% → 16.9%−0.8 pts
- Electrical Equipment12.3% → 11.6%−0.7 pts
- Industrial Capital Goods1.8% → 1.2%−0.6 pts
- Industrial Products7.3% → 6.7%−0.5 pts
- Construction5.0% → 4.6%−0.4 pts
- Auto Ancillaries7.0% → 6.6%−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 | Oct 2012 | Oct 2014 | Apr 2015 | Jul 2015 | Sep 2015 | Oct 2015 |
|---|---|---|---|---|---|---|
| Banks | 10.0% | 8.5% | 14.2% | 15.6% | 17.7% | 16.9% |
| Automobiles | 15.3% | 13.1% | 9.1% | 11.2% | 11.5% | 11.7% |
| Electrical Equipment | 13.6% | 15.1% | 16.0% | 15.8% | 12.3% | 11.6% |
| Industrial Products | 12.0% | 8.2% | 7.6% | 7.5% | 7.3% | 6.7% |
| Auto Ancillaries | 2.4% | 6.9% | 7.4% | 6.7% | 7.0% | 6.6% |
| Ferrous Metals | 1.3% | 5.8% | 7.6% | 4.9% | 5.0% | 5.4% |
| Construction | 2.7% | — | 2.0% | 5.9% | 5.0% | 4.6% |
| Industrial Manufacturing | 1.1% | 3.3% | 3.6% | 4.0% | 4.6% | 4.5% |
| Leisure Services | — | 1.5% | 3.0% | 3.2% | 3.4% | 4.1% |
| Pharmaceuticals & Biotechnology | 7.5% | 5.6% | 2.3% | 2.2% | 3.8% | 3.8% |
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 2015
2.4%
▲ 1.6 pts vs Sep 2015
- Cash alone
- 2.2%
- cash and net receivables
- A year earlier
- 1.1%
- Oct 2014 · now ▲ 1.3 pts
- Last 12 months
- 0.4% – 2.4%
- 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.