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
₹4,646 Cr
up ₹726 Cr vs Feb 2016
- Stocks held
- 58
Reliance Tax Saver is an active equity fund in the ELSS (tax saving) category from Nippon India Mutual Fund. In March 2016 it disclosed 58 stocks worth ₹4,646 Cr, up ₹726 Cr from Feb 2016. Its largest positions were TVS Motor Company Limited (9.9%), ICICI Bank Limited (5.0%), State Bank of India (4.8%); the ten largest together made up 46.4% of the portfolio, and Banks was the biggest sector at 18.1% of its equity. Cash and debt stood at 2.4%. Compared with Feb 2016 the fund entered 3 new stocks and exited 2.
Against 47 other ELSS (tax saving) funds
Concentration
77%
Top-10 weight is higher than 77% of peers
Breadth
62%
Holds more stocks than 62% of peers
Cash
47%
Holds more cash than 47% of peers
What these mean: concentration · cash
Holdings in March 2016
Download CSVEvery line the fund disclosed, with the change against Feb 2016. 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 | 9.94% | down 0.15 pts | ₹462 Cr | up ₹66.1 Cr | Added |
| ICICI Bank Limited | 5.04% | up 1.12 pts | ₹234 Cr | up ₹80.3 Cr | Added |
| State Bank of India | 4.82% | up 0.52 pts | ₹224 Cr | up ₹55.2 Cr | Added |
| Axis Bank Limited | 4.65% | down 0.01 pts | ₹216 Cr | up ₹33.2 Cr | Added |
| ITC Limited | 4.59% | down 0.31 pts | ₹213 Cr | up ₹21.2 Cr | Added |
| Larsen & Toubro Limited | 4.24% | up 0.29 pts | ₹197 Cr | up ₹42.2 Cr | Added |
| Tata Steel Limited | 3.96% | up 0.30 pts | ₹184 Cr | up ₹40.7 Cr | Added |
| Honeywell Automation India Limited | 3.70% | down 0.61 pts | ₹172 Cr | up ₹2.9 Cr | Added |
| The Indian Hotels Company Limited | 2.82% | down 0.50 pts | ₹131 Cr | up ₹1.1 Cr | Added |
| Jet Airways (India) Ltd | 2.65% | down 0.06 pts | ₹123 Cr | up ₹17 Cr | Added |
| Siemens Limited | 2.64% | up 0.13 pts | ₹123 Cr | up ₹24.3 Cr | Added |
| Jubilant Foodworks Limited | 2.45% | up 0.19 pts | ₹114 Cr | up ₹25.1 Cr | Added |
| The Ramco Cements Limited | 2.18% | down 0.15 pts | ₹101 Cr | up ₹10.1 Cr | Added |
| Federal-Mogul Goetze (India) Limited. | 2.14% | down 0.21 pts | ₹99.6 Cr | up ₹7.2 Cr | Added |
| Sundaram Clayton Limited | 2.14% | down 0.05 pts | ₹99.3 Cr | up ₹13.7 Cr | Added |
| Divi's Laboratories Limited | 2.08% | down 0.29 pts | ₹96.7 Cr | up ₹3.6 Cr | Added |
| Bharat Forge Limited | 2.08% | down 0.03 pts | ₹96.7 Cr | up ₹14 Cr | Added |
| ABB India Limited | 1.97% | up 0.16 pts | ₹91.6 Cr | up ₹20.5 Cr | Added |
| UPL Limited | 1.76% | up 0.45 pts | ₹81.7 Cr | up ₹30.5 Cr | Added |
| KSB Limited | 1.74% | up 0.04 pts | ₹81 Cr | up ₹14.3 Cr | Added |
| Trent Limited | 1.49% | down 0.10 pts | ₹69.2 Cr | up ₹7 Cr | Added |
| GE Vernova T&D India Limited | 1.44% | up 0.04 pts | ₹66.9 Cr | up ₹12.1 Cr | Added |
| BEML Limited | 1.40% | down 0.10 pts | ₹64.8 Cr | up ₹6.1 Cr | Added |
| Cummins India Limited | 1.32% | down 0.18 pts | ₹61.6 Cr | up ₹2.4 Cr | Added |
| Bharat Heavy Electricals Limited | 1.32% | up 0.07 pts | ₹61.5 Cr | up ₹12.4 Cr | Added |
| JSW Steel Limited | 1.27% | down 0.07 pts | ₹59 Cr | up ₹6.4 Cr | Added |
| IDBI Bank Limited Money market | 1.27% | up 1.27 pts | ₹58.9 Cr | up ₹58.9 Cr | New |
| Reliance Capital Ltd | 1.25% | down 0.05 pts | ₹58.2 Cr | up ₹7.3 Cr | Added |
| Wheels India Limited | 1.20% | up 0.08 pts | ₹56 Cr | up ₹11.8 Cr | Added |
| Vesuvius India Limited Vesuvius India Ltd · history in this fund | 1.19% | down 0.14 pts | ₹55.4 Cr | up ₹3.1 Cr | Added |
| Schneider Electric Infrastructure Limited | 1.16% | down 0.06 pts | ₹53.9 Cr | up ₹6.2 Cr | Added |
| Shoppers Stop Limited | 1.06% | down 0.13 pts | ₹49.4 Cr | up ₹2.8 Cr | Added |
| Simplex Infrastructures Limited | 1.03% | up 0.09 pts | ₹47.8 Cr | up ₹11.1 Cr | Added |
| Canara Bank | 0.99% | up 0.01 pts | ₹46.2 Cr | up ₹7.7 Cr | Added |
| United Breweries Limited | 0.96% | up 0.96 pts | ₹44.7 Cr | up ₹44.7 Cr | New |
| Petronet LNG Limited | 0.92% | down 0.10 pts | ₹42.9 Cr | up ₹2.7 Cr | Added |
| Bank of Baroda | 0.85% | down 0.05 pts | ₹39.7 Cr | up ₹4.1 Cr | Added |
| HCL Technologies Limited | 0.85% | down 0.16 pts | ₹39.6 Cr | up ₹4 L | Held |
| Linde India Limited | 0.85% | down 0.08 pts | ₹39.6 Cr | up ₹3 Cr | Added |
| Cash, TREPS & receivables | 0.84% | up 0.41 pts | ₹38.9 Cr | up ₹22.2 Cr | Added |
| Ramkrishna Forgings Limited | 0.80% | up 0.02 pts | ₹37.2 Cr | up ₹6.4 Cr | Added |
| Cipla Limited | 0.79% | down 0.15 pts | ₹36.9 Cr | down ₹16 L | Held |
| Info Edge (India) Limited | 0.74% | down 0.22 pts | ₹34.5 Cr | down ₹3.3 Cr | Trimmed |
| Kennametal India Limited | 0.69% | down 0.16 pts | ₹32.1 Cr | down ₹1.1 Cr | Trimmed |
| Yes Bank Limited | 0.65% | up 0.04 pts | ₹30.4 Cr | up ₹6.2 Cr | Added |
| ADITYA BIRLA NUVO LTD. | 0.62% | up 0.62 pts | ₹28.6 Cr | up ₹28.6 Cr | New |
| Indian Oil Corporation Limited | 0.53% | down 0.06 pts | ₹24.8 Cr | up ₹1.6 Cr | Added |
| Reliance Power Limited | 0.50% | down 0.03 pts | ₹23.3 Cr | up ₹2.3 Cr | Added |
| Automotive Axles Limited | 0.46% | down 0.05 pts | ₹21.6 Cr | up ₹1.5 Cr | Added |
| Bombay Burmah Trading Corporation Limited | 0.43% | down 0.03 pts | ₹19.8 Cr | up ₹2 Cr | Added |
What changed, Feb 2016 to Mar 2016
New New positions (3)
- United Breweries Limited1.0% · ₹44.7 Cr
- ADITYA BIRLA NUVO LTD.0.6% · ₹28.6 Cr
- Mahindra & Mahindra Financial Services Limited0.3% · ₹13.2 Cr
Exited Exited (2)
- Infosys Limitedwas 2.0% · ₹78.1 Cr
- Coal India Limitedwas 0.9% · ₹33.6 Cr
Added Biggest additions
- ICICI Bank Limitedup ₹80.3 Cr (+1.12% 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 2016, the weight rose most in Banks (+1.9 pts) and Beverages (+1.0 pts), and fell most in IT - Software (−2.1 pts) and Consumable Fuels (−0.9 pts).
- Banks16.2% → 18.1%+1.9 pts
- Beverages0.0% → 1.0%new+1.0 pts
- Services0.0% → 0.6%new+0.6 pts
- Electrical Equipment8.2% → 8.7%+0.5 pts
- Fertilizers & Agrochemicals1.3% → 1.8%+0.5 pts
- Construction4.9% → 5.4%+0.5 pts
- IT - Software3.0% → 0.9%−2.1 pts
- Consumable Fuels0.9% → 0.0%exited−0.9 pts
- Industrial Manufacturing4.3% → 3.8%−0.5 pts
- Pharmaceuticals & Biotechnology3.3% → 2.9%−0.4 pts
- Retailing4.2% → 3.8%−0.4 pts
- Diversified FMCG4.9% → 4.7%−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 2013 | Mar 2015 | Sep 2015 | Dec 2015 | Feb 2016 | Mar 2016 |
|---|---|---|---|---|---|---|
| Banks | 10.4% | 11.3% | 17.7% | 15.5% | 16.2% | 18.1% |
| Automobiles | 13.7% | 10.6% | 11.5% | 9.0% | 10.1% | 10.2% |
| Electrical Equipment | 11.7% | 15.6% | 12.3% | 9.0% | 8.2% | 8.7% |
| Industrial Products | 11.5% | 8.1% | 7.3% | 6.6% | 6.7% | 6.5% |
| Auto Ancillaries | 3.0% | 7.1% | 7.0% | 6.5% | 6.5% | 6.3% |
| Ferrous Metals | 0.9% | 6.9% | 5.0% | 5.5% | 5.4% | 5.7% |
| Leisure Services | — | 3.0% | 3.4% | 5.7% | 5.6% | 5.4% |
| Construction | 3.6% | 2.1% | 5.0% | 3.9% | 4.9% | 5.4% |
| Diversified FMCG | — | — | 2.3% | 4.5% | 4.9% | 4.7% |
| Retailing | 7.0% | 4.7% | 3.9% | 4.2% | 4.2% | 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, Mar 2016
2.4%
▲ 2.0 pts vs Feb 2016
- Cash alone
- 0.9%
- cash and net receivables
- A year earlier
- 2.2%
- Mar 2015 · now ▲ 0.2 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.