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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
₹10,758 Cr
up ₹601 Cr vs Nov 2017
Reliance Tax Saver is an active equity fund in the ELSS (tax saving) category from Nippon India Mutual Fund. In December 2017 it disclosed 65 stocks worth ₹10,758 Cr, up ₹601 Cr from Nov 2017. Its largest positions were State Bank of India (7.3%), TVS Motor Company Limited (7.1%), Tata Steel Limited (5.1%); the ten largest together made up 45.4% of the portfolio, and Banks was the biggest sector at 17.7% of its equity. Cash and debt stood at 1.0%. Compared with Nov 2017 the fund entered 2 new stocks and exited 2.
Against 47 other ELSS (tax saving) funds
Concentration
70%
Top-10 weight is higher than 70% of peers
Breadth
72%
Holds more stocks than 72% of peers
Cash
6%
Holds more cash than 6% of peers
What these mean: concentration · cash
Holdings in December 2017
Download CSVEvery line the fund disclosed, with the change against Nov 2017. Click a column to sort; click a company to see every fund that owns it. New to these? How to read a portfolio.
| State Bank of India | 7.28% | up 0.22 pts | ₹784 Cr | up ₹65.8 Cr | Added |
| TVS Motor Company Limited | 7.09% | down 0.52 pts | ₹763 Cr | down ₹10.6 Cr | Trimmed |
| Tata Steel Limited | 5.15% | down 0.39 pts | ₹554 Cr | down ₹8.6 Cr | Trimmed |
| ICICI Bank Limited | 4.99% | down 0.46 pts | ₹537 Cr | down ₹16.7 Cr | Trimmed |
| Tata Motors Limited | 4.34% | up 0.22 pts | ₹466 Cr | up ₹48.1 Cr | Added |
| Infosys Limited | 3.75% | down 1.01 pts | ₹403 Cr | down ₹79.9 Cr | Trimmed |
| Honeywell Automation India Limited | 3.66% | up 0.24 pts | ₹394 Cr | up ₹46.7 Cr | Added |
| Bharat Forge Limited | 3.18% | down 0.01 pts | ₹342 Cr | up ₹17.9 Cr | Added |
| ABB India Limited | 3.07% | down 0.11 pts | ₹331 Cr | up ₹7.3 Cr | Added |
| Bharti Airtel Limited | 2.92% | down 0.20 pts | ₹315 Cr | down ₹2.6 Cr | Trimmed |
| Jet Airways (India) Ltd | 2.78% | up 0.37 pts | ₹300 Cr | up ₹54.8 Cr | Added |
| Ambuja Cements Limited | 2.73% | up 0.11 pts | ₹294 Cr | up ₹28 Cr | Added |
| SBI Life Insurance Company Limited | 2.50% | up 0.01 pts | ₹269 Cr | up ₹15.7 Cr | Added |
| GE Vernova T&D India Limited | 2.31% | down 0.03 pts | ₹248 Cr | up ₹11.2 Cr | Added |
| Bank of Baroda | 1.95% | down 0.22 pts | ₹210 Cr | down ₹11 Cr | Trimmed |
| Divi's Laboratories Limited | 1.95% | down 0.01 pts | ₹210 Cr | up ₹10.9 Cr | Added |
| Cochin Shipyard Limited | 1.89% | down 0.18 pts | ₹204 Cr | down ₹6.5 Cr | Trimmed |
| Canara Bank | 1.81% | up 0.32 pts | ₹195 Cr | up ₹43.6 Cr | Added |
| Wheels India Limited | 1.79% | up 0.29 pts | ₹193 Cr | up ₹40.1 Cr | Added |
| Cummins India Limited | 1.77% | down 0.03 pts | ₹191 Cr | up ₹7.2 Cr | Added |
| Sundaram Clayton Limited | 1.72% | down 0.13 pts | ₹185 Cr | down ₹2.7 Cr | Trimmed |
| Siemens Limited | 1.71% | up 0.22 pts | ₹184 Cr | up ₹32.9 Cr | Added |
| Federal-Mogul Goetze (India) Limited. | 1.57% | down 0.07 pts | ₹169 Cr | up ₹2.2 Cr | Added |
| Vesuvius India Limited Vesuvius India Ltd · history in this fund | 1.54% | up 0.04 pts | ₹165 Cr | up ₹13.2 Cr | Added |
| Birla Corporation Limited | 1.51% | down 0.18 pts | ₹162 Cr | down ₹9.7 Cr | Trimmed |
| KSB Limited | 1.45% | up 0.10 pts | ₹156 Cr | up ₹18.9 Cr | Added |
| HCL Technologies Limited | 1.34% | down 0.01 pts | ₹144 Cr | up ₹6.9 Cr | Added |
| Jubilant Foodworks Limited | 1.25% | down 0.08 pts | ₹135 Cr | down ₹1.1 Cr | Trimmed |
| Reliance Capital Ltd | 1.19% | up 0.25 pts | ₹128 Cr | up ₹32.2 Cr | Added |
| The Indian Hotels Company Limited | 1.18% | down 0.13 pts | ₹127 Cr | down ₹6.3 Cr | Trimmed |
| Thyrocare Technologies Limited | 1.18% | down <0.01 pts | ₹126 Cr | up ₹6.9 Cr | Added |
| Linde India Limited | 1.14% | down 0.03 pts | ₹122 Cr | up ₹4 Cr | Added |
| ITD Cementation India Limited | 0.91% | up 0.44 pts | ₹98.1 Cr | up ₹50.3 Cr | Added |
| Simplex Infrastructures Limited | 0.88% | down 0.02 pts | ₹94.3 Cr | up ₹3.1 Cr | Added |
| Punjab National Bank | 0.79% | up 0.79 pts | ₹84.8 Cr | up ₹84.8 Cr | New |
| UPL Limited | 0.77% | down 0.08 pts | ₹83.1 Cr | down ₹3.2 Cr | Trimmed |
| Trent Limited | 0.77% | down 0.06 pts | ₹82.9 Cr | down ₹1.3 Cr | Trimmed |
| Dr. Reddy's Laboratories Limited | 0.75% | down <0.01 pts | ₹80.4 Cr | up ₹4.3 Cr | Added |
| ACC Limited | 0.74% | down <0.01 pts | ₹79.1 Cr | up ₹4.1 Cr | Added |
| Ramkrishna Forgings Limited | 0.72% | down 0.05 pts | ₹77.4 Cr | down ₹83 L | Trimmed |
| Cipla Limited | 0.71% | down 0.03 pts | ₹76.7 Cr | up ₹96 L | Added |
| Shoppers Stop Limited | 0.71% | down 0.03 pts | ₹76.2 Cr | up ₹1.5 Cr | Added |
| ICICI Bank Limited Money market | 0.69% | up 0.69 pts | ₹73.9 Cr | up ₹73.9 Cr | New |
| Reliance Infrastructure Limited | 0.65% | up 0.33 pts | ₹69.7 Cr | up ₹37.2 Cr | Added |
| Bombay Burmah Trading Corporation Limited | 0.64% | down 0.02 pts | ₹69 Cr | up ₹1.6 Cr | Added |
| Indian Metals & Ferro Alloys Limited | 0.49% | down 0.05 pts | ₹53.1 Cr | down ₹1.8 Cr | Trimmed |
| Automotive Axles Limited | 0.48% | down 0.03 pts | ₹51.4 Cr | down ₹36 L | Trimmed |
| Ashoka Buildcon Limited | 0.47% | down 0.04 pts | ₹50.9 Cr | down ₹1.5 Cr | Trimmed |
| Schneider Electric Infrastructure Limited | 0.44% | down 0.03 pts | ₹47.8 Cr | down ₹76 L | Trimmed |
| SIS Limited | 0.44% | up <0.01 pts | ₹47.7 Cr | up ₹3 Cr | Added |
What changed, Nov 2017 to Dec 2017
New New positions (2)
- Punjab National Bank0.8% · ₹84.8 Cr
- Union Bank of India0.1% · ₹14 Cr
Exited Exited (2)
- GIC Housing Finance Limitedwas 0.2% · ₹23.8 Cr
- Reliance Communications Ltdwas <0.1% · ₹4 Cr
Added Biggest additions
- State Bank of Indiaup ₹65.8 Cr (+0.22% pts)
- Jet Airways (India) Ltdup ₹54.8 Cr (+0.37% 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 Nov 2017, the weight rose most in Banks (+0.8 pts) and Construction (+0.4 pts), and fell most in IT - Software (−1.0 pts) and Ferrous Metals (−0.4 pts).
- Banks16.8% → 17.7%+0.8 pts
- Construction1.4% → 1.8%+0.4 pts
- Transportation2.4% → 2.8%+0.4 pts
- Power0.5% → 0.9%+0.4 pts
- Cement0.2% → 0.4%+0.2 pts
- Industrial Products7.9% → 8.0%+0.1 pts
- IT - Software6.1% → 5.1%−1.0 pts
- Ferrous Metals6.1% → 5.7%−0.4 pts
- Automobiles11.8% → 11.5%−0.3 pts
- Telecom - Services3.2% → 3.0%−0.2 pts
- Leisure Services2.9% → 2.7%−0.2 pts
- Finance1.9% → 1.8%−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 | Dec 2014 | Dec 2016 | Jun 2017 | Sep 2017 | Nov 2017 | Dec 2017 |
|---|---|---|---|---|---|---|
| Banks | 8.9% | 21.6% | 19.2% | 16.6% | 16.8% | 17.7% |
| Automobiles | 12.3% | 9.3% | 8.9% | 11.8% | 11.8% | 11.5% |
| Industrial Products | 8.2% | 5.7% | 5.1% | 6.8% | 7.9% | 8.0% |
| Electrical Equipment | 15.0% | 7.5% | 5.7% | 6.7% | 7.5% | 7.6% |
| Ferrous Metals | 8.4% | 7.6% | 5.6% | 6.2% | 6.1% | 5.7% |
| Auto Ancillaries | 7.1% | 6.8% | 5.9% | 5.6% | 5.6% | 5.7% |
| Industrial Manufacturing | 3.7% | 3.1% | 2.9% | 5.8% | 5.5% | 5.6% |
| IT - Software | 4.1% | 6.4% | 8.7% | 7.4% | 6.1% | 5.1% |
| Cement & Cement Products | 4.8% | 3.3% | 6.6% | 6.1% | 5.1% | 5.0% |
| Pharmaceuticals & Biotechnology | 4.5% | 2.5% | 4.4% | 3.8% | 3.5% | 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, Dec 2017
1.0%
▲ 0.4 pts vs Nov 2017
- Cash alone
- 0.1%
- cash and net receivables
- A year earlier
- 3.0%
- Dec 2016 · now ▼ 2.0 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.