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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
₹5,490 Cr
up ₹258 Cr vs Jun 2016
- Stocks held
- 60
Reliance Tax Saver is an active equity fund in the ELSS (tax saving) category from Nippon India Mutual Fund. In July 2016 it disclosed 60 stocks worth ₹5,490 Cr, up ₹258 Cr from Jun 2016. Its largest positions were TVS Motor Company Limited (7.7%), State Bank of India (5.6%), Larsen & Toubro Limited (5.1%); the ten largest together made up 44.5% of the portfolio, and Banks was the biggest sector at 19.7% of its equity. Cash and debt stood at 0.9%. Compared with Jun 2016 the fund entered 3 new stocks and exited 0.
Against 47 other ELSS (tax saving) funds
Concentration
64%
Top-10 weight is higher than 64% of peers
Breadth
64%
Holds more stocks than 64% of peers
Cash
4%
Holds more cash than 4% of peers
What these mean: concentration · cash
Holdings in July 2016
Download CSVEvery line the fund disclosed, with the change against Jun 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 | 7.68% | down 0.87 pts | ₹421 Cr | down ₹25.6 Cr | Trimmed |
| State Bank of India | 5.64% | down <0.01 pts | ₹310 Cr | up ₹14.3 Cr | Added |
| Larsen & Toubro Limited | 5.11% | down 0.04 pts | ₹281 Cr | up ₹11.2 Cr | Added |
| Axis Bank Limited | 4.83% | down 0.12 pts | ₹265 Cr | up ₹6.1 Cr | Added |
| Tata Steel Limited | 4.66% | up 0.56 pts | ₹256 Cr | up ₹41.2 Cr | Added |
| ICICI Bank Limited | 3.88% | up 0.16 pts | ₹213 Cr | up ₹18.1 Cr | Added |
| Honeywell Automation India Limited | 3.61% | down 0.03 pts | ₹198 Cr | up ₹7.8 Cr | Added |
| The Indian Hotels Company Limited | 3.25% | up 0.01 pts | ₹178 Cr | up ₹8.8 Cr | Added |
| Siemens Limited | 3.03% | down 0.33 pts | ₹166 Cr | down ₹9.6 Cr | Trimmed |
| ITC Limited | 2.86% | down 0.06 pts | ₹157 Cr | up ₹4.3 Cr | Added |
| Jet Airways (India) Ltd | 2.75% | down 0.12 pts | ₹151 Cr | up ₹75 L | Added |
| The Ramco Cements Limited | 2.70% | down 0.11 pts | ₹148 Cr | up ₹98 L | Added |
| Bank of Baroda | 2.24% | down 0.15 pts | ₹123 Cr | down ₹1.8 Cr | Trimmed |
| Divi's Laboratories Limited | 2.18% | up 0.06 pts | ₹120 Cr | up ₹8.9 Cr | Added |
| Jubilant Foodworks Limited | 2.09% | up 0.15 pts | ₹115 Cr | up ₹13.3 Cr | Added |
| Federal-Mogul Goetze (India) Limited. | 2.04% | up 0.08 pts | ₹112 Cr | up ₹9.6 Cr | Added |
| ADITYA BIRLA NUVO LTD. | 2.00% | up 0.19 pts | ₹110 Cr | up ₹15.2 Cr | Added |
| UPL Limited | 1.95% | up 0.15 pts | ₹107 Cr | up ₹12.8 Cr | Added |
| ABB India Limited | 1.74% | down 0.03 pts | ₹95.6 Cr | up ₹3.1 Cr | Added |
| Sundaram Clayton Limited | 1.72% | down 0.15 pts | ₹94.4 Cr | down ₹3.6 Cr | Trimmed |
| KSB Limited | 1.57% | down 0.25 pts | ₹86.4 Cr | down ₹8.8 Cr | Trimmed |
| Bharat Forge Limited | 1.53% | down 0.07 pts | ₹84.2 Cr | up ₹8 L | Held |
| Trent Limited | 1.45% | down 0.06 pts | ₹79.6 Cr | up ₹64 L | Added |
| Yes Bank Limited | 1.44% | up 0.07 pts | ₹79.2 Cr | up ₹7.2 Cr | Added |
| Bharat Heavy Electricals Limited | 1.44% | up 0.12 pts | ₹78.8 Cr | up ₹9.8 Cr | Added |
| JSW Steel Limited | 1.40% | up 0.12 pts | ₹77.1 Cr | up ₹9.7 Cr | Added |
| HCL Technologies Limited | 1.36% | up 0.10 pts | ₹74.5 Cr | up ₹8.8 Cr | Added |
| Wheels India Limited | 1.32% | down 0.06 pts | ₹72.4 Cr | up ₹50 L | Added |
| Reliance Capital Ltd | 1.29% | up 0.08 pts | ₹70.8 Cr | up ₹7.6 Cr | Added |
| GE Vernova T&D India Limited | 1.25% | down 0.10 pts | ₹68.4 Cr | down ₹2 Cr | Trimmed |
| Vesuvius India Limited Vesuvius India Ltd · history in this fund | 1.24% | down 0.09 pts | ₹68.1 Cr | down ₹1.4 Cr | Trimmed |
| Cipla Limited | 1.21% | up <0.01 pts | ₹66.5 Cr | up ₹3.3 Cr | Added |
| BEML Limited | 1.15% | up 0.13 pts | ₹63 Cr | up ₹9.9 Cr | Added |
| Canara Bank | 1.11% | up 0.09 pts | ₹60.9 Cr | up ₹7.8 Cr | Added |
| Simplex Infrastructures Limited | 1.05% | up 0.09 pts | ₹57.4 Cr | up ₹7.5 Cr | Added |
| Cummins India Limited | 1.00% | down 0.19 pts | ₹54.8 Cr | down ₹7.2 Cr | Trimmed |
| Schneider Electric Infrastructure Limited | 0.97% | down 0.01 pts | ₹53.3 Cr | up ₹2.2 Cr | Added |
| Shoppers Stop Limited | 0.93% | down 0.06 pts | ₹51.1 Cr | down ₹63 L | Trimmed |
| Petronet LNG Limited | 0.93% | down 0.03 pts | ₹51 Cr | up ₹65 L | Added |
| Linde India Limited | 0.90% | down 0.03 pts | ₹49.6 Cr | up ₹94 L | Added |
| Ramkrishna Forgings Limited | 0.81% | down 0.10 pts | ₹44.4 Cr | down ₹3.2 Cr | Trimmed |
| United Breweries Limited | 0.80% | up 0.02 pts | ₹43.9 Cr | up ₹3.3 Cr | Added |
| Info Edge (India) Limited | 0.67% | down 0.04 pts | ₹36.8 Cr | down ₹37 L | Trimmed |
| Indian Oil Corporation Limited | 0.62% | up 0.09 pts | ₹34.3 Cr | up ₹6.5 Cr | Added |
| Kennametal India Limited | 0.59% | down 0.03 pts | ₹32.5 Cr | down ₹25 L | Trimmed |
| Rural Electrification Corporation Limited Money market | 0.55% | up 0.55 pts | ₹29.9 Cr | up ₹29.9 Cr | New |
| Infosys Limited | 0.48% | up 0.48 pts | ₹26.1 Cr | up ₹26.1 Cr | New |
| Reliance Power Limited | 0.47% | up <0.01 pts | ₹25.7 Cr | up ₹1.4 Cr | Added |
| Automotive Axles Limited | 0.45% | up 0.02 pts | ₹24.8 Cr | up ₹2.1 Cr | Added |
| Sun TV Network Limited | 0.44% | up 0.44 pts | ₹24.2 Cr | up ₹24.2 Cr | New |
What changed, Jun 2016 to Jul 2016
New New positions (3)
- Infosys Limited0.5% · ₹26.1 Cr
- Sun TV Network Limited0.4% · ₹24.2 Cr
- Vodafone Idea Limited0.3% · ₹18.8 Cr
Exited Exited (0)
None.
Added Biggest additions
- Tata Steel Limitedup ₹41.2 Cr (+0.56% pts)
- ICICI Bank Limitedup ₹18.1 Cr (+0.16% pts)
- ADITYA BIRLA NUVO LTD.up ₹15.2 Cr (+0.19% 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 Jun 2016, the weight rose most in Ferrous Metals (+0.7 pts) and IT - Software (+0.6 pts), and fell most in Automobiles (−0.9 pts) and Industrial Products (−0.6 pts).
- Ferrous Metals5.8% → 6.5%+0.7 pts
- IT - Software1.3% → 1.8%+0.6 pts
- Entertainment0.0% → 0.4%new+0.4 pts
- Telecom - Services0.3% → 0.6%+0.3 pts
- Services1.8% → 2.0%+0.2 pts
- Leisure Services5.2% → 5.4%+0.2 pts
- Automobiles8.6% → 7.7%−0.9 pts
- Industrial Products6.0% → 5.4%−0.6 pts
- Electrical Equipment8.8% → 8.5%−0.3 pts
- Finance2.2% → 1.8%−0.3 pts
- Retailing3.6% → 3.4%−0.2 pts
- Transportation2.9% → 2.8%−0.1 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 | Jul 2013 | Jul 2015 | Jan 2016 | Apr 2016 | Jun 2016 | Jul 2016 |
|---|---|---|---|---|---|---|
| Banks | 8.4% | 15.6% | 15.7% | 17.3% | 19.6% | 19.7% |
| Electrical Equipment | 13.7% | 15.8% | 8.6% | 8.4% | 8.8% | 8.5% |
| Automobiles | 15.7% | 11.2% | 10.3% | 9.5% | 8.6% | 7.7% |
| Ferrous Metals | 2.8% | 4.9% | 5.2% | 5.9% | 5.8% | 6.5% |
| Construction | 3.6% | 5.9% | 4.4% | 6.2% | 6.2% | 6.2% |
| Auto Ancillaries | 4.4% | 6.7% | 6.4% | 5.8% | 5.8% | 5.7% |
| Industrial Products | 11.8% | 7.5% | 6.8% | 6.2% | 6.0% | 5.4% |
| Leisure Services | — | 3.2% | 5.6% | 5.0% | 5.2% | 5.4% |
| Industrial Manufacturing | 3.4% | 4.0% | 4.1% | 3.8% | 3.7% | 3.6% |
| Retailing | 7.3% | 3.8% | 4.3% | 3.7% | 3.6% | 3.4% |
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, Jul 2016
0.9%
▲ 0.1 pts vs Jun 2016
- Cash alone
- 0.3%
- cash and net receivables
- A year earlier
- 1.0%
- Jul 2015 · now ▼ 0.1 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.