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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
₹10,157 Cr
up ₹174 Cr vs Oct 2017
Reliance Tax Saver is an active equity fund in the ELSS (tax saving) category from Nippon India Mutual Fund. In November 2017 it disclosed 65 stocks worth ₹10,157 Cr, up ₹174 Cr from Oct 2017. Its largest positions were TVS Motor Company Limited (7.6%), State Bank of India (7.1%), Tata Steel Limited (5.5%); the ten largest together made up 47.5% of the portfolio, and Banks was the biggest sector at 16.8% of its equity. Cash and debt stood at 0.6%. Compared with Oct 2017 the fund entered 3 new stocks and exited 3.
Against 47 other ELSS (tax saving) funds
Concentration
79%
Top-10 weight is higher than 79% of peers
Breadth
72%
Holds more stocks than 72% of peers
Cash
4%
Holds more cash than 4% of peers
What these mean: concentration · cash
Holdings in November 2017
Download CSVEvery line the fund disclosed, with the change against Oct 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 | 7.62% | down 0.21 pts | ₹774 Cr | down ₹7.6 Cr | Trimmed |
| State Bank of India | 7.07% | up 0.20 pts | ₹718 Cr | up ₹32.6 Cr | Added |
| Tata Steel Limited | 5.54% | up 0.46 pts | ₹562 Cr | up ₹55.5 Cr | Added |
| ICICI Bank Limited | 5.45% | up 0.10 pts | ₹554 Cr | up ₹19.4 Cr | Added |
| Infosys Limited | 4.76% | up 0.19 pts | ₹483 Cr | up ₹26.9 Cr | Added |
| Tata Motors Limited | 4.12% | down 0.13 pts | ₹418 Cr | down ₹5.8 Cr | Trimmed |
| Honeywell Automation India Limited | 3.41% | up 0.25 pts | ₹347 Cr | up ₹30.7 Cr | Added |
| Bharat Forge Limited | 3.19% | up 0.05 pts | ₹324 Cr | up ₹10.2 Cr | Added |
| ABB India Limited | 3.19% | up 0.28 pts | ₹324 Cr | up ₹33.4 Cr | Added |
| Bharti Airtel Limited | 3.12% | up 0.88 pts | ₹317 Cr | up ₹93.5 Cr | Added |
| Ambuja Cements Limited | 2.62% | down 0.38 pts | ₹266 Cr | down ₹33.4 Cr | Trimmed |
| SBI Life Insurance Company Limited | 2.50% | up 0.11 pts | ₹253 Cr | up ₹15.1 Cr | Added |
| Jet Airways (India) Ltd | 2.41% | up 0.30 pts | ₹245 Cr | up ₹34.6 Cr | Added |
| GE Vernova T&D India Limited | 2.34% | up 0.36 pts | ₹237 Cr | up ₹40.2 Cr | Added |
| Bank of Baroda | 2.17% | up 0.64 pts | ₹221 Cr | up ₹67.8 Cr | Added |
| Cochin Shipyard Limited | 2.07% | down 0.07 pts | ₹210 Cr | down ₹3.7 Cr | Trimmed |
| Divi's Laboratories Limited | 1.96% | up 0.27 pts | ₹199 Cr | up ₹30.2 Cr | Added |
| Sundaram Clayton Limited | 1.85% | down 0.17 pts | ₹188 Cr | down ₹13.9 Cr | Trimmed |
| Cummins India Limited | 1.81% | up 0.34 pts | ₹184 Cr | up ₹36.9 Cr | Added |
| Birla Corporation Limited | 1.69% | down 0.22 pts | ₹172 Cr | down ₹18.6 Cr | Trimmed |
| Federal-Mogul Goetze (India) Limited. | 1.64% | up 0.03 pts | ₹166 Cr | up ₹6.2 Cr | Added |
| Wheels India Limited | 1.50% | up 0.07 pts | ₹153 Cr | up ₹10.1 Cr | Added |
| Vesuvius India Limited Vesuvius India Ltd · history in this fund | 1.50% | down 0.22 pts | ₹152 Cr | down ₹19.7 Cr | Trimmed |
| Canara Bank | 1.49% | down 0.16 pts | ₹151 Cr | down ₹13.3 Cr | Trimmed |
| Siemens Limited | 1.49% | up 0.03 pts | ₹151 Cr | up ₹5.2 Cr | Added |
| HCL Technologies Limited | 1.35% | down 0.04 pts | ₹137 Cr | down ₹1.3 Cr | Trimmed |
| KSB Limited | 1.35% | up 0.07 pts | ₹137 Cr | up ₹9.5 Cr | Added |
| Jubilant Foodworks Limited | 1.34% | up 0.09 pts | ₹136 Cr | up ₹10.9 Cr | Added |
| The Indian Hotels Company Limited | 1.31% | up 0.09 pts | ₹133 Cr | up ₹11.2 Cr | Added |
| Thyrocare Technologies Limited | 1.18% | down 0.01 pts | ₹120 Cr | up ₹1.2 Cr | Added |
| Linde India Limited | 1.16% | up 0.16 pts | ₹118 Cr | up ₹18.1 Cr | Added |
| Reliance Capital Ltd | 0.94% | down 0.28 pts | ₹95.6 Cr | down ₹26 Cr | Trimmed |
| Simplex Infrastructures Limited | 0.90% | up 0.02 pts | ₹91.2 Cr | up ₹3.1 Cr | Added |
| UPL Limited | 0.85% | down 0.56 pts | ₹86.3 Cr | down ₹54.4 Cr | Trimmed |
| Trent Limited | 0.83% | up 0.10 pts | ₹84.2 Cr | up ₹11.5 Cr | Added |
| Ramkrishna Forgings Limited | 0.77% | down 0.02 pts | ₹78.3 Cr | down ₹54 L | Trimmed |
| Dr. Reddy's Laboratories Limited | 0.75% | down 0.06 pts | ₹76.1 Cr | down ₹4.8 Cr | Trimmed |
| Cipla Limited | 0.75% | down 0.05 pts | ₹75.7 Cr | down ₹3.4 Cr | Trimmed |
| ACC Limited | 0.74% | down 0.08 pts | ₹75.1 Cr | down ₹6.4 Cr | Trimmed |
| Shoppers Stop Limited | 0.73% | up 0.02 pts | ₹74.6 Cr | up ₹2.9 Cr | Added |
| Bombay Burmah Trading Corporation Limited | 0.66% | down 0.23 pts | ₹67.4 Cr | down ₹21.7 Cr | Trimmed |
| Cash, TREPS & receivables | 0.62% | up 0.29 pts | ₹62.5 Cr | up ₹29.9 Cr | Added |
| Indian Metals & Ferro Alloys Limited | 0.54% | down 0.11 pts | ₹54.8 Cr | down ₹9.8 Cr | Trimmed |
| Ashoka Buildcon Limited | 0.52% | up 0.29 pts | ₹52.4 Cr | up ₹29.4 Cr | Added |
| Automotive Axles Limited | 0.51% | up 0.14 pts | ₹51.8 Cr | up ₹14.9 Cr | Added |
| Muthoot Finance Limited | 0.51% | down 0.07 pts | ₹51.8 Cr | down ₹6 Cr | Trimmed |
| Schneider Electric Infrastructure Limited | 0.48% | up 0.01 pts | ₹48.5 Cr | up ₹1.6 Cr | Added |
| ITD Cementation India Limited | 0.47% | up 0.43 pts | ₹47.8 Cr | up ₹43.8 Cr | Added |
| SIS Limited | 0.44% | up 0.13 pts | ₹44.7 Cr | up ₹13.6 Cr | Added |
| Max Financial Services Limited | 0.39% | down 0.03 pts | ₹39.5 Cr | down ₹2.8 Cr | Trimmed |
What changed, Oct 2017 to Nov 2017
New New positions (3)
- HDFC Life Insurance Company Limited0.3% · ₹27.2 Cr
- The New India Assurance Company Limited0.2% · ₹17.2 Cr
- Orient Cement Limited0.2% · ₹16.1 Cr
Exited Exited (3)
- Axis Bank Limitedwas 1.5% · ₹146 Cr
- Bharat Petroleum Corporation Limitedwas 0.9% · ₹87.7 Cr
- Karur Vysya Bank Limited Rights Formwas <0.1% · ₹2 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 Oct 2017, the weight rose most in Telecom - Services (+0.8 pts) and Electrical Equipment (+0.6 pts), and fell most in Banks (−0.9 pts) and Petroleum Products (−0.9 pts).
- Telecom - Services2.3% → 3.2%+0.8 pts
- Electrical Equipment6.9% → 7.5%+0.6 pts
- Insurance2.9% → 3.3%+0.5 pts
- Construction0.9% → 1.4%+0.4 pts
- Construction Project0.2% → 0.5%+0.3 pts
- Ferrous Metals5.8% → 6.1%+0.3 pts
- Banks17.8% → 16.8%−0.9 pts
- Petroleum Products0.9% → 0.0%exited−0.9 pts
- Cement & Cement Products5.8% → 5.1%−0.7 pts
- Fertilizers & Agrochemicals1.4% → 0.9%−0.6 pts
- Finance2.4% → 1.9%−0.5 pts
- Automobiles12.3% → 11.8%−0.5 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 | Nov 2014 | Nov 2016 | May 2017 | Aug 2017 | Oct 2017 | Nov 2017 |
|---|---|---|---|---|---|---|
| Banks | 9.1% | 20.6% | 23.0% | 17.3% | 17.8% | 16.8% |
| Automobiles | 11.2% | 9.5% | 8.9% | 9.9% | 12.3% | 11.8% |
| Industrial Products | 8.6% | 5.4% | 5.3% | 6.8% | 7.8% | 7.9% |
| Electrical Equipment | 14.0% | 7.5% | 5.9% | 5.8% | 6.9% | 7.5% |
| IT - Software | 4.4% | 5.6% | 9.1% | 7.5% | 6.1% | 6.1% |
| Ferrous Metals | 8.9% | 7.4% | 5.8% | 5.4% | 5.8% | 6.1% |
| Auto Ancillaries | 7.3% | 6.7% | 6.0% | 5.5% | 5.6% | 5.6% |
| Industrial Manufacturing | 3.8% | 2.9% | 2.9% | 5.2% | 5.4% | 5.5% |
| Cement & Cement Products | 5.3% | 3.4% | 3.6% | 7.8% | 5.8% | 5.1% |
| Pharmaceuticals & Biotechnology | 4.9% | 3.2% | 3.8% | 2.8% | 3.3% | 3.5% |
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, Nov 2017
0.6%
▼ 1.2 pts vs Oct 2017
- Cash alone
- 0.6%
- cash and net receivables
- A year earlier
- 0.6%
- Nov 2016 · now ▲ 0.1 pts
- Last 12 months
- 0.6% – 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.