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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
₹6,916 Cr
up ₹532 Cr vs Jan 2017
- Stocks held
Reliance Tax Saver is an active equity fund in the ELSS (tax saving) category from Nippon India Mutual Fund. In February 2017 it disclosed 58 stocks worth ₹6,916 Cr, up ₹532 Cr from Jan 2017. Its largest positions were TVS Motor Company Limited (9.1%), State Bank of India (6.4%), Tata Steel Limited (6.3%); the ten largest together made up 47.2% of the portfolio, and Banks was the biggest sector at 23.7% of its equity. Cash and debt stood at 3.4%. Compared with Jan 2017 the fund entered 2 new stocks and exited 0.
Against 47 other ELSS (tax saving) funds
Concentration
79%
Top-10 weight is higher than 79% of peers
Breadth
62%
Holds more stocks than 62% of peers
Cash
64%
Holds more cash than 64% of peers
What these mean: concentration · cash
Holdings in February 2017
Download CSVEvery line the fund disclosed, with the change against Jan 2017. 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 | 9.07% | up 0.22 pts | ₹627 Cr | up ₹62.2 Cr | Added |
| State Bank of India | 6.38% | up 0.14 pts | ₹441 Cr | up ₹42.6 Cr | Added |
| Tata Steel Limited | 6.28% | down 0.25 pts | ₹434 Cr | up ₹17.7 Cr | Added |
| Infosys Limited | 5.66% | up 0.30 pts | ₹392 Cr | up ₹49.1 Cr | Added |
| ICICI Bank Limited | 4.86% | up 0.27 pts | ₹336 Cr | up ₹42.9 Cr | Added |
| Axis Bank Limited | 3.07% | up 0.21 pts | ₹212 Cr | up ₹29.6 Cr | Added |
| HDFC Bank Limited | 3.06% | down 0.37 pts | ₹211 Cr | down ₹7.4 Cr | Trimmed |
| ITC Limited | 3.04% | up 0.45 pts | ₹210 Cr | up ₹45.1 Cr | Added |
| The Ramco Cements Limited | 2.95% | down 0.42 pts | ₹204 Cr | down ₹11.4 Cr | Trimmed |
| Honeywell Automation India Limited | 2.88% | down 0.08 pts | ₹199 Cr | up ₹10 Cr | Added |
| Cash, TREPS & receivables | 2.68% | up 0.93 pts | ₹186 Cr | up ₹73.8 Cr | Added |
| Jet Airways (India) Ltd | 2.62% | up 0.69 pts | ₹181 Cr | up ₹57.9 Cr | Added |
| ABB India Limited | 2.54% | up 0.07 pts | ₹176 Cr | up ₹18 Cr | Added |
| Bank of Baroda | 2.26% | up 0.16 pts | ₹156 Cr | up ₹22.4 Cr | Added |
| Federal-Mogul Goetze (India) Limited. | 2.22% | down 0.19 pts | ₹153 Cr | down ₹42 L | Held |
| HCL Technologies Limited | 2.19% | up 0.24 pts | ₹151 Cr | up ₹27.1 Cr | Added |
| The Indian Hotels Company Limited | 1.96% | up 0.13 pts | ₹135 Cr | up ₹18.8 Cr | Added |
| Siemens Limited | 1.89% | down 0.40 pts | ₹130 Cr | down ₹15.8 Cr | Trimmed |
| UPL Limited | 1.78% | down 0.17 pts | ₹123 Cr | down ₹1.1 Cr | Trimmed |
| Sundaram Clayton Limited | 1.76% | down 0.04 pts | ₹122 Cr | up ₹7 Cr | Added |
| Larsen & Toubro Limited | 1.72% | down 1.62 pts | ₹119 Cr | down ₹94.5 Cr | Trimmed |
| BEML Limited | 1.46% | up 0.04 pts | ₹101 Cr | up ₹10.2 Cr | Added |
| Vesuvius India Limited Vesuvius India Ltd · history in this fund | 1.44% | down 0.08 pts | ₹99.4 Cr | up ₹2.5 Cr | Added |
| Jubilant Foodworks Limited | 1.43% | up 0.09 pts | ₹99.2 Cr | up ₹13.2 Cr | Added |
| Bharat Forge Limited | 1.41% | down 0.20 pts | ₹97.7 Cr | down ₹5.5 Cr | Trimmed |
| Wheels India Limited | 1.40% | down 0.08 pts | ₹96.7 Cr | up ₹2.4 Cr | Added |
| Yes Bank Limited | 1.37% | down 0.06 pts | ₹94.6 Cr | up ₹3.7 Cr | Added |
| Trent Limited | 1.31% | down 0.31 pts | ₹90.4 Cr | down ₹12.7 Cr | Trimmed |
| Divi's Laboratories Limited | 1.30% | up <0.01 pts | ₹90.2 Cr | up ₹7 Cr | Added |
| Indian Metals & Ferro Alloys Limited | 1.23% | down 0.16 pts | ₹85.4 Cr | down ₹3.5 Cr | Trimmed |
| KSB Limited | 1.22% | down 0.08 pts | ₹84.7 Cr | up ₹1.3 Cr | Added |
| Reliance Capital Ltd | 1.22% | up 0.10 pts | ₹84.3 Cr | up ₹13.1 Cr | Added |
| Canara Bank | 1.15% | down 0.05 pts | ₹79.8 Cr | up ₹3.2 Cr | Added |
| GE Vernova T&D India Limited | 1.09% | down 0.12 pts | ₹75.2 Cr | down ₹2.2 Cr | Trimmed |
| Cipla Limited | 0.84% | down 0.06 pts | ₹57.8 Cr | up ₹83 L | Added |
| Linde India Limited | 0.82% | down 0.05 pts | ₹56.7 Cr | up ₹1.3 Cr | Added |
| Cummins India Limited | 0.81% | down 0.02 pts | ₹55.9 Cr | up ₹3.1 Cr | Added |
| Simplex Infrastructures Limited | 0.80% | down 0.10 pts | ₹55.2 Cr | down ₹2.3 Cr | Trimmed |
| Birla Corporation Limited | 0.77% | down 0.04 pts | ₹53.2 Cr | up ₹1.5 Cr | Added |
| Schneider Electric Infrastructure Limited | 0.74% | down 0.11 pts | ₹51 Cr | down ₹3 Cr | Trimmed |
| Cholamandalam Investment and Finance Company Limited Money market | 0.71% | up 0.71 pts | ₹49.2 Cr | up ₹49.2 Cr | New |
| Shoppers Stop Limited | 0.64% | up 0.03 pts | ₹44.5 Cr | up ₹5.3 Cr | Added |
| Ramkrishna Forgings Limited | 0.62% | down 0.03 pts | ₹43.1 Cr | up ₹1.7 Cr | Added |
| Bombay Burmah Trading Corporation Limited | 0.53% | up 0.02 pts | ₹36.5 Cr | up ₹4.1 Cr | Added |
| Info Edge (India) Limited | 0.50% | down 0.02 pts | ₹34.7 Cr | up ₹1.3 Cr | Added |
| Coal India Limited | 0.45% | down 0.02 pts | ₹30.9 Cr | up ₹1.2 Cr | Added |
| Muthoot Finance Limited | 0.42% | up 0.03 pts | ₹28.9 Cr | up ₹4.1 Cr | Added |
| Automotive Axles Limited | 0.41% | down 0.04 pts | ₹28.2 Cr | down ₹52 L | Trimmed |
| Kennametal India Limited | 0.40% | down 0.03 pts | ₹27.7 Cr | down ₹3 L | Held |
| Karur Vysya Bank Limited | 0.39% | up 0.39 pts | ₹27.1 Cr | up ₹27.1 Cr | New |
What changed, Jan 2017 to Feb 2017
New New positions (2)
- Karur Vysya Bank Limited0.4% · ₹27.1 Cr
- Canara Bank Rights Form<0.1% · ₹2.4 Cr
Exited Exited (0)
None.
Added Biggest additions
- TVS Motor Company Limitedup ₹62.2 Cr (+0.22% pts)
- Jet Airways (India) Ltdup ₹57.9 Cr (+0.69% pts)
- Infosys Limitedup ₹49.1 Cr (+0.30% pts)
- ITC Limited ₹45.1 Cr (+0.45% 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 Jan 2017, the weight rose most in Banks (+1.1 pts) and Transportation (+0.7 pts), and fell most in Construction (−1.7 pts) and Electrical Equipment (−0.5 pts).
- Banks22.5% → 23.7%+1.1 pts
- Transportation2.0% → 2.7%+0.7 pts
- IT - Software7.4% → 8.1%+0.7 pts
- Diversified FMCG2.6% → 3.1%+0.5 pts
- Automobiles9.0% → 9.4%+0.4 pts
- Leisure Services3.2% → 3.5%+0.3 pts
- Construction4.3% → 2.6%−1.7 pts
- Electrical Equipment6.9% → 6.5%−0.5 pts
- Cement & Cement Products4.3% → 3.8%−0.4 pts
- Industrial Products5.4% → 5.1%−0.3 pts
- Ferrous Metals8.1% → 7.8%−0.3 pts
- Retailing3.1% → 2.9%−0.3 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 | Feb 2014 | Feb 2016 | Aug 2016 | Nov 2016 | Jan 2017 | Feb 2017 |
|---|---|---|---|---|---|---|
| Banks | 10.3% | 16.2% | 19.6% | 20.6% | 22.5% | 23.7% |
| Automobiles | 11.9% | 10.1% | 8.3% | 9.5% | 9.0% | 9.4% |
| IT - Software | — | 3.0% | 2.6% | 5.6% | 7.4% | 8.1% |
| Ferrous Metals | 4.5% | 5.4% | 7.1% | 7.4% | 8.1% | 7.8% |
| Electrical Equipment | 11.7% | 8.2% | 7.7% | 7.5% | 6.9% | 6.5% |
| Auto Ancillaries | 4.2% | 6.5% | 6.3% | 6.7% | 6.4% | 6.1% |
| Industrial Products | 8.2% | 6.7% | 5.6% | 5.4% | 5.4% | 5.1% |
| Cement & Cement Products | 8.7% | 2.3% | 2.7% | 3.4% | 4.3% | 3.8% |
| Leisure Services | — | 5.6% | 4.7% | 3.4% | 3.2% | 3.5% |
| Diversified FMCG | — | 4.9% | 2.9% | 1.4% | 2.6% | 3.1% |
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, Feb 2017
3.4%
▲ 1.6 pts vs Jan 2017
- Cash alone
- 2.6%
- cash and net receivables
- A year earlier
- 0.4%
- Feb 2016 · now ▲ 3.0 pts
- Last 12 months
- 0.4% – 3.4%
- 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.