Loading…
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
₹10,811 Cr
up ₹53.2 Cr vs Dec 2017
Reliance Tax Saver is an active equity fund in the ELSS (tax saving) category from Nippon India Mutual Fund. In January 2018 it disclosed 64 stocks worth ₹10,811 Cr, up ₹53.2 Cr from Dec 2017. Its largest positions were State Bank of India (8.3%), TVS Motor Company Limited (6.7%), Tata Motors Limited (4.7%); the ten largest together made up 45.6% of the portfolio, and Banks was the biggest sector at 19.6% of its equity. Cash and debt stood at 1.1%. Compared with Dec 2017 the fund entered 5 new stocks and exited 6.
Against 47 other ELSS (tax saving) funds
Concentration
70%
Top-10 weight is higher than 70% of peers
Breadth
70%
Holds more stocks than 70% of peers
Cash
9%
Holds more cash than 9% of peers
What these mean: concentration · cash
Holdings in January 2018
Download CSVEvery line the fund disclosed, with the change against Dec 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 | 8.34% | up 1.06 pts | ₹902 Cr | up ₹118 Cr | Added |
| TVS Motor Company Limited | 6.67% | down 0.42 pts | ₹721 Cr | down ₹41.8 Cr | Trimmed |
| Tata Motors Limited | 4.66% | up 0.32 pts | ₹503 Cr | up ₹37 Cr | Added |
| Tata Steel Limited | 4.58% | down 0.57 pts | ₹495 Cr | down ₹58.7 Cr | Trimmed |
| ICICI Bank Limited | 4.52% | down 0.47 pts | ₹489 Cr | down ₹47.7 Cr | Trimmed |
| ABB India Limited | 4.06% | up 0.98 pts | ₹439 Cr | up ₹108 Cr | Added |
| Infosys Limited | 3.73% | down 0.01 pts | ₹404 Cr | up ₹46 L | Held |
| Honeywell Automation India Limited | 3.17% | down 0.49 pts | ₹342 Cr | down ₹51.2 Cr | Trimmed |
| Ambuja Cements Limited | 2.94% | up 0.21 pts | ₹318 Cr | up ₹24.3 Cr | Added |
| Bharat Forge Limited | 2.91% | down 0.27 pts | ₹315 Cr | down ₹27.6 Cr | Trimmed |
| Jet Airways (India) Ltd | 2.45% | down 0.34 pts | ₹265 Cr | down ₹35 Cr | Trimmed |
| Punjab National Bank | 2.42% | up 1.64 pts | ₹262 Cr | up ₹177 Cr | Added |
| SBI Life Insurance Company Limited | 2.38% | down 0.12 pts | ₹257 Cr | down ₹11.6 Cr | Trimmed |
| Siemens Limited | 2.33% | up 0.62 pts | ₹252 Cr | up ₹68.1 Cr | Added |
| GE Vernova T&D India Limited | 2.26% | down 0.05 pts | ₹245 Cr | down ₹3.7 Cr | Trimmed |
| Bharti Airtel Limited | 2.20% | down 0.73 pts | ₹238 Cr | down ₹77.1 Cr | Trimmed |
| Canara Bank | 1.99% | up 0.18 pts | ₹215 Cr | up ₹20.4 Cr | Added |
| Bank of Baroda | 1.89% | down 0.06 pts | ₹205 Cr | down ₹5 Cr | Trimmed |
| Cochin Shipyard Limited | 1.88% | down 0.01 pts | ₹203 Cr | down ₹47 L | Held |
| Divi's Laboratories Limited | 1.83% | down 0.11 pts | ₹198 Cr | down ₹11.2 Cr | Trimmed |
| Wheels India Limited | 1.82% | up 0.03 pts | ₹197 Cr | up ₹4.3 Cr | Added |
| Cummins India Limited | 1.77% | down <0.01 pts | ₹191 Cr | up ₹42 L | Held |
| Bharat Heavy Electricals Limited | 1.75% | up 1.75 pts | ₹189 Cr | up ₹189 Cr | New |
| Vesuvius India Limited Vesuvius India Ltd · history in this fund | 1.61% | up 0.07 pts | ₹174 Cr | up ₹8.2 Cr | Added |
| Federal-Mogul Goetze (India) Limited. | 1.60% | up 0.03 pts | ₹173 Cr | up ₹4.2 Cr | Added |
| Sundaram Clayton Limited | 1.53% | down 0.19 pts | ₹166 Cr | down ₹19.5 Cr | Trimmed |
| KSB Limited | 1.49% | up 0.05 pts | ₹162 Cr | up ₹6 Cr | Added |
| Birla Corporation Limited | 1.47% | down 0.04 pts | ₹159 Cr | down ₹3.5 Cr | Trimmed |
| The Indian Hotels Company Limited | 1.38% | up 0.20 pts | ₹149 Cr | up ₹22 Cr | Added |
| ITD Cementation India Limited | 1.28% | up 0.37 pts | ₹138 Cr | up ₹40 Cr | Added |
| Thyrocare Technologies Limited | 1.15% | down 0.02 pts | ₹125 Cr | down ₹1.8 Cr | Trimmed |
| Linde India Limited | 1.12% | down 0.02 pts | ₹121 Cr | down ₹1.4 Cr | Trimmed |
| Reliance Capital Ltd | 1.00% | down 0.19 pts | ₹108 Cr | down ₹19.4 Cr | Trimmed |
| Simplex Infrastructures Limited | 0.88% | down <0.01 pts | ₹94.8 Cr | up ₹45 L | Held |
| Jubilant Foodworks Limited | 0.85% | down 0.40 pts | ₹91.9 Cr | down ₹42.8 Cr | Trimmed |
| UPL Limited | 0.76% | down 0.01 pts | ₹82 Cr | down ₹1.2 Cr | Trimmed |
| Trent Limited | 0.72% | down 0.05 pts | ₹78.2 Cr | down ₹4.7 Cr | Trimmed |
| Dr. Reddy's Laboratories Limited | 0.69% | down 0.06 pts | ₹74.1 Cr | down ₹6.3 Cr | Trimmed |
| Shoppers Stop Limited | 0.65% | down 0.06 pts | ₹70.4 Cr | down ₹5.8 Cr | Trimmed |
| Ramkrishna Forgings Limited | 0.65% | down 0.07 pts | ₹70.1 Cr | down ₹7.3 Cr | Trimmed |
| Cash, TREPS & receivables | 0.60% | up 0.48 pts | ₹64.7 Cr | up ₹51.5 Cr | Added |
| Reliance Infrastructure Limited | 0.58% | down 0.07 pts | ₹62.4 Cr | down ₹7.2 Cr | Trimmed |
| Varun Beverages Limited | 0.55% | up 0.55 pts | ₹59.1 Cr | up ₹59.1 Cr | New |
| Bombay Burmah Trading Corporation Limited | 0.52% | down 0.12 pts | ₹56.7 Cr | down ₹12.3 Cr | Trimmed |
| Automotive Axles Limited | 0.50% | up 0.02 pts | ₹53.5 Cr | up ₹2.1 Cr | Added |
| Cipla Limited | 0.49% | down 0.22 pts | ₹53.3 Cr | down ₹23.4 Cr | Trimmed |
| Indian Metals & Ferro Alloys Limited | 0.47% | down 0.03 pts | ₹50.6 Cr | down ₹2.5 Cr | Trimmed |
| SIS Limited | 0.44% | down 0.01 pts | ₹47.2 Cr | down ₹49 L | Trimmed |
| Ashoka Buildcon Limited | 0.44% | down 0.04 pts | ₹47.2 Cr | down ₹3.7 Cr | Trimmed |
| Schneider Electric Infrastructure Limited | 0.42% | down 0.03 pts | ₹45 Cr | down ₹2.7 Cr | Trimmed |
What changed, Dec 2017 to Jan 2018
New New positions (5)
- Bharat Heavy Electricals Limited1.8% · ₹189 Cr
- Varun Beverages Limited0.5% · ₹59.1 Cr
- Tata Steel Limited - Rights Form Fully Paid Up0.2% · ₹21.9 Cr
- Yes Bank Limited<0.1% · ₹5.3 Cr
- Tata Steel Limited - Rights Form Partly Paid Up<0.1% · ₹5.1 Cr
Exited Exited (6)
- HCL Technologies Limitedwas 1.3% · ₹144 Cr
- ACC Limitedwas 0.7% · ₹79.1 Cr
- Karur Vysya Bank Limitedwas 0.4% · ₹39.9 Cr
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 Dec 2017, the weight rose most in Electrical Equipment (+3.3 pts) and Banks (+1.9 pts), and fell most in IT - Software (−1.4 pts) and Telecom - Services (−0.7 pts).
- Electrical Equipment7.6% → 10.9%+3.3 pts
- Banks17.7% → 19.6%+1.9 pts
- Beverages0.0% → 0.6%new+0.6 pts
- Construction1.8% → 2.2%+0.4 pts
- IT - Software5.1% → 3.8%−1.4 pts
- Telecom - Services3.0% → 2.2%−0.7 pts
- Insurance3.3% → 2.8%−0.6 pts
- Cement & Cement Products5.0% → 4.5%−0.6 pts
- Industrial Manufacturing5.6% → 5.1%−0.5 pts
- Pharmaceuticals & Biotechnology3.4% → 3.0%−0.4 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 | Jan 2015 | Jan 2017 | Jul 2017 | Oct 2017 | Dec 2017 | Jan 2018 |
|---|---|---|---|---|---|---|
| Banks | 7.9% | 22.5% | 19.1% | 17.8% | 17.7% | 19.6% |
| Automobiles | 12.9% | 9.0% | 8.7% | 12.3% | 11.5% | 11.4% |
| Electrical Equipment | 14.4% | 6.9% | 5.5% | 6.9% | 7.6% | 10.9% |
| Industrial Products | 7.9% | 5.4% | 6.0% | 7.8% | 8.0% | 7.9% |
| Auto Ancillaries | 7.3% | 6.4% | 5.7% | 5.6% | 5.7% | 5.6% |
| Ferrous Metals | 8.3% | 8.1% | 5.4% | 5.8% | 5.7% | 5.4% |
| Industrial Manufacturing | 3.5% | 3.0% | 2.9% | 5.4% | 5.6% | 5.1% |
| Cement & Cement Products | 4.9% | 4.3% | 7.7% | 5.8% | 5.0% | 4.5% |
| IT - Software | 3.6% | 7.4% | 9.1% | 6.1% | 5.1% | 3.8% |
| Pharmaceuticals & Biotechnology | 4.1% | 2.2% | 2.9% | 3.3% | 3.4% | 3.0% |
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, Jan 2018
1.1%
▲ 0.1 pts vs Dec 2017
- Cash alone
- 0.6%
- cash and net receivables
- A year earlier
- 1.8%
- Jan 2017 · now ▼ 0.7 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.