Loading…
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
₹4,605 Cr
up ₹44.4 Cr vs Nov 2015
- Stocks held
- 55
Reliance Tax Saver is an active equity fund in the ELSS (tax saving) category from Nippon India Mutual Fund. In December 2015 it disclosed 55 stocks worth ₹4,605 Cr, up ₹44.4 Cr from Nov 2015. Its largest positions were TVS Motor Company Limited (8.9%), State Bank of India (4.9%), ITC Limited (4.5%); the ten largest together made up 41.8% of the portfolio, and Banks was the biggest sector at 15.5% of its equity. Cash and debt stood at 1.0%. Compared with Nov 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
53%
Holds more stocks than 53% of peers
Cash
4%
Holds more cash than 4% of peers
What these mean: concentration · cash
Holdings in December 2015
Download CSVEvery line the fund disclosed, with the change against Nov 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 | 8.95% | down 0.93 pts | ₹412 Cr | down ₹38.3 Cr | Trimmed |
| State Bank of India | 4.87% | down 0.61 pts | ₹224 Cr | down ₹25.7 Cr | Trimmed |
| ITC Limited | 4.50% | up 0.17 pts | ₹207 Cr | up ₹9.7 Cr | Added |
| ICICI Bank Limited | 4.29% | down 0.26 pts | ₹198 Cr | down ₹10.1 Cr | Trimmed |
| Honeywell Automation India Limited | 3.96% | down 0.04 pts | ₹182 Cr | down ₹7 L | Held |
| Tata Steel Limited | 3.76% | up 0.40 pts | ₹173 Cr | up ₹20.1 Cr | Added |
| Jet Airways (India) Ltd | 3.16% | up 0.11 pts | ₹145 Cr | up ₹6.5 Cr | Added |
| The Indian Hotels Company Limited | 3.08% | up 0.58 pts | ₹142 Cr | up ₹28 Cr | Added |
| Larsen & Toubro Limited | 2.62% | down 0.23 pts | ₹121 Cr | down ₹9.4 Cr | Trimmed |
| Axis Bank Limited | 2.59% | down 0.14 pts | ₹119 Cr | down ₹5.3 Cr | Trimmed |
| Divi's Laboratories Limited | 2.52% | down 0.01 pts | ₹116 Cr | up ₹46 L | Held |
| Jubilant Foodworks Limited | 2.52% | down 0.13 pts | ₹116 Cr | down ₹4.7 Cr | Trimmed |
| Federal-Mogul Goetze (India) Limited. | 2.40% | down 0.13 pts | ₹110 Cr | down ₹4.9 Cr | Trimmed |
| Infosys Limited | 2.35% | up 1.07 pts | ₹108 Cr | up ₹49.7 Cr | Added |
| Siemens Limited | 2.35% | down 0.11 pts | ₹108 Cr | down ₹3.8 Cr | Trimmed |
| The Ramco Cements Limited | 2.14% | up 0.03 pts | ₹98.4 Cr | up ₹2.2 Cr | Added |
| Sundaram Clayton Limited | 2.10% | down 0.11 pts | ₹96.8 Cr | down ₹4 Cr | Trimmed |
| Bharat Heavy Electricals Limited | 1.98% | down 0.26 pts | ₹91.3 Cr | down ₹11.1 Cr | Trimmed |
| Trent Limited | 1.95% | up 0.13 pts | ₹89.8 Cr | up ₹6.9 Cr | Added |
| Sun Pharmaceutical Industries Limited | 1.92% | up 1.06 pts | ₹88.6 Cr | up ₹49.2 Cr | Added |
| Bharat Forge Limited | 1.92% | up 0.07 pts | ₹88.3 Cr | up ₹4.1 Cr | Added |
| KSB Limited | 1.73% | up 0.12 pts | ₹79.5 Cr | up ₹6 Cr | Added |
| ABB India Limited | 1.70% | down 0.13 pts | ₹78.2 Cr | down ₹5.2 Cr | Trimmed |
| Cummins India Limited | 1.61% | up 0.05 pts | ₹74.2 Cr | up ₹2.8 Cr | Added |
| GE Vernova T&D India Limited | 1.52% | down 0.06 pts | ₹69.9 Cr | down ₹2.2 Cr | Trimmed |
| Wheels India Limited | 1.37% | up 0.02 pts | ₹63.3 Cr | up ₹1.4 Cr | Added |
| Schneider Electric Infrastructure Limited | 1.37% | down 0.13 pts | ₹63.2 Cr | down ₹5.3 Cr | Trimmed |
| Vesuvius India Limited Vesuvius India Ltd · history in this fund | 1.30% | up 0.06 pts | ₹59.8 Cr | up ₹3.3 Cr | Added |
| UPL Limited | 1.27% | up 0.05 pts | ₹58.7 Cr | up ₹3 Cr | Added |
| Simplex Infrastructures Limited | 1.26% | down 0.18 pts | ₹58.1 Cr | down ₹7.4 Cr | Trimmed |
| JSW Steel Limited | 1.25% | up 0.15 pts | ₹57.6 Cr | up ₹7.3 Cr | Added |
| Reliance Capital Ltd | 1.24% | down 0.01 pts | ₹57 Cr | up ₹7 L | Held |
| Ramkrishna Forgings Limited | 1.23% | down 0.18 pts | ₹56.8 Cr | down ₹7.6 Cr | Trimmed |
| Canara Bank | 1.23% | down 0.22 pts | ₹56.6 Cr | down ₹9.5 Cr | Trimmed |
| Shoppers Stop Limited | 1.20% | up 0.02 pts | ₹55.1 Cr | up ₹1.4 Cr | Added |
| Linde India Limited | 1.02% | down 0.01 pts | ₹46.9 Cr | down ₹22 L | Held |
| Cipla Limited | 1.02% | down <0.01 pts | ₹46.8 Cr | up ₹44 L | Added |
| Indian Oil Corporation Limited | 1.01% | up 0.01 pts | ₹46.3 Cr | up ₹81 L | Added |
| BEML Limited | 1.00% | down <0.01 pts | ₹46.1 Cr | up ₹25 L | Added |
| Info Edge (India) Limited | 1.00% | down 0.06 pts | ₹46.1 Cr | down ₹2.2 Cr | Trimmed |
| Petronet LNG Limited | 0.95% | up 0.07 pts | ₹43.8 Cr | up ₹3.7 Cr | Added |
| Bank of Baroda | 0.92% | down 0.15 pts | ₹42.3 Cr | down ₹6.3 Cr | Trimmed |
| HCL Technologies Limited | 0.90% | down 0.03 pts | ₹41.6 Cr | down ₹77 L | Trimmed |
| Kennametal India Limited | 0.76% | down 0.03 pts | ₹35.1 Cr | down ₹1.1 Cr | Trimmed |
| Cash, TREPS & receivables | 0.70% | down 0.21 pts | ₹32 Cr | down ₹9.5 Cr | Trimmed |
| Bombay Burmah Trading Corporation Limited | 0.58% | up 0.01 pts | ₹26.9 Cr | up ₹74 L | Added |
| Reliance Power Limited | 0.58% | up 0.04 pts | ₹26.8 Cr | up ₹2 Cr | Added |
| Automotive Axles Limited | 0.56% | up <0.01 pts | ₹26 Cr | up ₹34 L | Added |
| Yes Bank Limited | 0.55% | down 0.04 pts | ₹25.5 Cr | down ₹1.5 Cr | Trimmed |
| Reliance Communications Ltd | 0.50% | up 0.07 pts | ₹22.9 Cr | up ₹3.2 Cr | Added |
What changed, Nov 2015 to Dec 2015
New New positions (1)
- GIC Housing Finance Limited0.4% · ₹17 Cr
Exited Exited (1)
- GE Power India Limitedwas 0.2% · ₹11 Cr
Added Biggest additions
- Infosys Limitedup ₹49.7 Cr (+1.07% pts)
- Sun Pharmaceutical Industries Limitedup ₹49.2 Cr (+1.06% pts)
- The Indian Hotels Company Limitedup ₹28 Cr (+0.58% pts)
- Tata Steel Limited
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 2015, the weight rose most in IT - Software (+1.0 pts) and Pharmaceuticals & Biotechnology (+1.0 pts), and fell most in Banks (−1.6 pts) and Automobiles (−1.0 pts).
- IT - Software2.2% → 3.3%+1.0 pts
- Pharmaceuticals & Biotechnology4.5% → 5.5%+1.0 pts
- Ferrous Metals4.9% → 5.5%+0.6 pts
- Leisure Services5.2% → 5.7%+0.5 pts
- Finance1.3% → 1.6%+0.4 pts
- Industrial Products6.3% → 6.6%+0.3 pts
- Banks17.1% → 15.5%−1.6 pts
- Automobiles10.0% → 9.0%−1.0 pts
- Electrical Equipment9.7% → 9.0%−0.7 pts
- Construction4.3% → 3.9%−0.4 pts
- Industrial Capital Goods1.0% → 0.8%−0.3 pts
- Auto Ancillaries6.7% → 6.5%−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 | Dec 2012 | Dec 2014 | Jun 2015 | Sep 2015 | Nov 2015 | Dec 2015 |
|---|---|---|---|---|---|---|
| Banks | 10.4% | 8.9% | 15.2% | 17.7% | 17.1% | 15.5% |
| Automobiles | 15.0% | 12.3% | 9.9% | 11.5% | 10.0% | 9.0% |
| Electrical Equipment | 11.1% | 15.0% | 16.5% | 12.3% | 9.7% | 9.0% |
| Industrial Products | 11.7% | 8.2% | 7.3% | 7.3% | 6.3% | 6.6% |
| Auto Ancillaries | 2.5% | 7.1% | 6.7% | 7.0% | 6.7% | 6.5% |
| Leisure Services | — | 2.0% | 3.3% | 3.4% | 5.2% | 5.7% |
| Pharmaceuticals & Biotechnology | 7.4% | 4.5% | 2.2% | 3.8% | 4.5% | 5.5% |
| Ferrous Metals | 2.0% | 8.4% | 6.0% | 5.0% | 4.9% | 5.5% |
| Diversified FMCG | — | — | — | 2.3% | 4.4% | 4.5% |
| Retailing | 6.4% | 5.8% | 3.9% | 3.9% | 4.1% | 4.2% |
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 2015
1.0%
▼ 0.2 pts vs Nov 2015
- Cash alone
- 0.7%
- cash and net receivables
- A year earlier
- 0.4%
- Dec 2014 · now ▲ 0.6 pts
- Last 12 months
- 0.5% – 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.