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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
₹9,042 Cr
up ₹28.1 Cr vs Jul 2017
Reliance Tax Saver is an active equity fund in the ELSS (tax saving) category from Nippon India Mutual Fund. In August 2017 it disclosed 70 stocks worth ₹9,042 Cr, up ₹28.1 Cr from Jul 2017. Its largest positions were TVS Motor Company Limited (8.7%), State Bank of India (6.5%), Infosys Limited (5.0%); the ten largest together made up 42.8% of the portfolio, and Banks was the biggest sector at 17.3% of its equity. Cash and debt stood at 3.1%. Compared with Jul 2017 the fund entered 3 new stocks and exited 4.
Against 47 other ELSS (tax saving) funds
Concentration
55%
Top-10 weight is higher than 55% of peers
Breadth
74%
Holds more stocks than 74% of peers
Cash
60%
Holds more cash than 60% of peers
What these mean: concentration · cash
Holdings in August 2017
Download CSVEvery line the fund disclosed, with the change against Jul 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 | 8.66% | up 0.28 pts | ₹784 Cr | up ₹28 Cr | Added |
| State Bank of India | 6.50% | down 0.37 pts | ₹587 Cr | down ₹31.3 Cr | Trimmed |
| Infosys Limited | 5.01% | down 1.45 pts | ₹453 Cr | down ₹130 Cr | Trimmed |
| ICICI Bank Limited | 4.47% | up 0.22 pts | ₹405 Cr | up ₹21.1 Cr | Added |
| Tata Steel Limited | 4.45% | down 0.08 pts | ₹402 Cr | down ₹6.3 Cr | Trimmed |
| Ambuja Cements Limited | 3.35% | up 0.46 pts | ₹303 Cr | up ₹42.3 Cr | Added |
| Cash, TREPS & receivables | 3.06% | up 1.79 pts | ₹277 Cr | up ₹162 Cr | Added |
| Bharat Forge Limited | 2.94% | up 0.57 pts | ₹266 Cr | up ₹51.9 Cr | Added |
| Honeywell Automation India Limited | 2.92% | up 0.14 pts | ₹264 Cr | up ₹13.7 Cr | Added |
| Jet Airways (India) Ltd | 2.30% | up 0.11 pts | ₹208 Cr | up ₹10.1 Cr | Added |
| ABB India Limited | 2.24% | up 0.01 pts | ₹203 Cr | up ₹1.5 Cr | Added |
| HCL Technologies Limited | 2.24% | down 0.08 pts | ₹203 Cr | down ₹6.5 Cr | Trimmed |
| Cochin Shipyard Limited | 2.10% | up 2.10 pts | ₹189 Cr | up ₹189 Cr | New |
| Vesuvius India Limited Vesuvius India Ltd · history in this fund | 2.01% | up 0.29 pts | ₹182 Cr | up ₹27 Cr | Added |
| Reliance Capital Ltd | 1.88% | up 0.38 pts | ₹170 Cr | up ₹35.1 Cr | Added |
| Canara Bank | 1.82% | down 0.16 pts | ₹164 Cr | down ₹13.7 Cr | Trimmed |
| Birla Corporation Limited | 1.79% | up 0.11 pts | ₹162 Cr | up ₹10.8 Cr | Added |
| Sundaram Clayton Limited | 1.76% | down 0.04 pts | ₹159 Cr | down ₹3.4 Cr | Trimmed |
| Federal-Mogul Goetze (India) Limited. | 1.73% | down 0.18 pts | ₹156 Cr | down ₹16 Cr | Trimmed |
| Bank of Baroda | 1.65% | down 0.34 pts | ₹149 Cr | down ₹30.5 Cr | Trimmed |
| Axis Bank Limited | 1.64% | down 0.07 pts | ₹149 Cr | down ₹5.8 Cr | Trimmed |
| UPL Limited | 1.61% | down 0.10 pts | ₹146 Cr | down ₹8.6 Cr | Trimmed |
| Jubilant Foodworks Limited | 1.58% | up 0.08 pts | ₹143 Cr | up ₹7.9 Cr | Added |
| GE Vernova T&D India Limited | 1.56% | up 0.45 pts | ₹141 Cr | up ₹41.3 Cr | Added |
| ITC Limited | 1.52% | down 0.02 pts | ₹137 Cr | down ₹1.5 Cr | Trimmed |
| Bharti Airtel Limited | 1.49% | up 0.65 pts | ₹135 Cr | up ₹59.3 Cr | Added |
| The Indian Hotels Company Limited | 1.42% | down 0.07 pts | ₹128 Cr | down ₹6.3 Cr | Trimmed |
| Divi's Laboratories Limited | 1.40% | up 0.04 pts | ₹127 Cr | up ₹4.3 Cr | Added |
| Bharat Petroleum Corporation Limited | 1.34% | up 0.14 pts | ₹121 Cr | up ₹13.3 Cr | Added |
| Wheels India Limited | 1.34% | up 0.02 pts | ₹121 Cr | up ₹2.2 Cr | Added |
| Siemens Limited | 1.31% | down 0.13 pts | ₹118 Cr | down ₹11.5 Cr | Trimmed |
| Thyrocare Technologies Limited | 1.28% | up 0.49 pts | ₹116 Cr | up ₹44.2 Cr | Added |
| KSB Limited | 1.08% | down 0.05 pts | ₹97.3 Cr | down ₹3.9 Cr | Trimmed |
| Linde India Limited | 1.05% | up 0.09 pts | ₹94.6 Cr | up ₹8.5 Cr | Added |
| The Ramco Cements Limited | 1.03% | down 0.53 pts | ₹93.3 Cr | down ₹47.2 Cr | Trimmed |
| Cipla Limited | 1.02% | up 0.02 pts | ₹92.6 Cr | up ₹1.9 Cr | Added |
| Trent Limited | 1.01% | up 0.10 pts | ₹91.4 Cr | up ₹9.2 Cr | Added |
| Simplex Infrastructures Limited | 1.00% | up 0.01 pts | ₹90.3 Cr | up ₹80 L | Added |
| Tata Motors Limited | 0.94% | up 0.94 pts | ₹84.7 Cr | up ₹84.7 Cr | New |
| ACC Limited | 0.90% | up 0.03 pts | ₹81 Cr | up ₹3 Cr | Added |
| Indian Metals & Ferro Alloys Limited | 0.74% | up 0.11 pts | ₹67.1 Cr | up ₹9.8 Cr | Added |
| BEML Limited | 0.71% | down 0.15 pts | ₹64.5 Cr | down ₹13.1 Cr | Trimmed |
| Ramkrishna Forgings Limited | 0.64% | up 0.03 pts | ₹57.8 Cr | up ₹3.2 Cr | Added |
| Muthoot Finance Limited | 0.62% | up <0.01 pts | ₹55.7 Cr | up ₹25 L | Held |
| Bombay Burmah Trading Corporation Limited | 0.60% | up 0.07 pts | ₹54.2 Cr | up ₹6.9 Cr | Added |
| Cummins India Limited | 0.54% | down 0.05 pts | ₹49.3 Cr | down ₹4.1 Cr | Trimmed |
| Shoppers Stop Limited | 0.54% | up 0.02 pts | ₹49 Cr | up ₹1.6 Cr | Added |
| Zee Entertainment Enterprises Limited | 0.53% | down 0.39 pts | ₹48.3 Cr | down ₹34.6 Cr | Trimmed |
| Schneider Electric Infrastructure Limited | 0.51% | down 0.04 pts | ₹46.5 Cr | down ₹3.2 Cr | Trimmed |
| Grasim Industries Limited | 0.48% | up 0.05 pts | ₹43.4 Cr | up ₹4.5 Cr | Added |
What changed, Jul 2017 to Aug 2017
New New positions (3)
- Cochin Shipyard Limited2.1% · ₹189 Cr
- Tata Motors Limited0.9% · ₹84.7 Cr
- Torrent Power Limited0.2% · ₹18.9 Cr
Exited Exited (4)
- Vedanta Limitedwas 1.7% · ₹151 Cr
- Yes Bank Limitedwas 0.6% · ₹50.5 Cr
- Ashok Leyland Limitedwas 0.5% · ₹49.3 Cr
- Bank of Indiawas 0.3% · ₹29.9 Cr
Added Biggest additions
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 Jul 2017, the weight rose most in Industrial Manufacturing (+2.3 pts) and Automobiles (+1.2 pts), and fell most in Banks (−1.8 pts) and Diversified Metals (−1.7 pts).
- Industrial Manufacturing2.9% → 5.2%+2.3 pts
- Automobiles8.7% → 9.9%+1.2 pts
- Industrial Products6.0% → 6.8%+0.7 pts
- Telecom - Services1.2% → 1.8%+0.6 pts
- Healthcare Services0.8% → 1.3%+0.5 pts
- Finance3.2% → 3.6%+0.4 pts
- Banks19.1% → 17.3%−1.8 pts
- Diversified Metals1.7% → 0.0%exited−1.7 pts
- IT - Software9.1% → 7.5%−1.7 pts
- Agricultural, Commercial & Construction Vehicles1.5% → 0.7%−0.7 pts
- Entertainment1.0% → 0.6%−0.4 pts
- Auto Ancillaries5.7% → 5.5%−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 | Aug 2014 | Aug 2016 | Feb 2017 | May 2017 | Jul 2017 | Aug 2017 |
|---|---|---|---|---|---|---|
| Banks | 6.5% | 19.6% | 23.7% | 23.0% | 19.1% | 17.3% |
| Automobiles | 12.7% | 8.3% | 9.4% | 8.9% | 8.7% | 9.9% |
| Cement & Cement Products | 6.8% | 2.7% | 3.8% | 3.6% | 7.7% | 7.8% |
| IT - Software | 3.4% | 2.6% | 8.1% | 9.1% | 9.1% | 7.5% |
| Industrial Products | 9.3% | 5.6% | 5.1% | 5.3% | 6.0% | 6.8% |
| Electrical Equipment | 13.1% | 7.7% | 6.5% | 5.9% | 5.5% | 5.8% |
| Auto Ancillaries | 6.6% | 6.3% | 6.1% | 6.0% | 5.7% | 5.5% |
| Ferrous Metals | 4.4% | 7.1% | 7.8% | 5.8% | 5.4% | 5.4% |
| Industrial Manufacturing | 3.5% | 3.4% | 3.0% | 2.9% | 2.9% | 5.2% |
| Finance | 1.2% | 1.9% | 2.0% | 3.2% | 3.2% | 3.6% |
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, Aug 2017
3.1%
▼ 0.8 pts vs Jul 2017
- Cash alone
- 3.1%
- cash and net receivables
- A year earlier
- 1.8%
- Aug 2016 · now ▲ 1.3 pts
- Last 12 months
- 0.4% – 9.1%
- lowest to highest · record 9.1% in Apr 2017
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.