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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
₹9,924 Cr
down ₹421 Cr vs Feb 2018
Reliance Tax Saver is an active equity fund in the ELSS (tax saving) category from Nippon India Mutual Fund. In March 2018 it disclosed 62 stocks worth ₹9,924 Cr, down ₹421 Cr from Feb 2018. Its largest positions were State Bank of India (7.7%), Tata Steel Limited (7.5%), TVS Motor Company Limited (6.6%); the ten largest together made up 49.0% of the portfolio, and Banks was the biggest sector at 17.9% of its equity. Cash and debt stood at 1.9%. Compared with Feb 2018 the fund entered 1 new stock and exited 1.
Against 47 other ELSS (tax saving) funds
Concentration
83%
Top-10 weight is higher than 83% of peers
Breadth
68%
Holds more stocks than 68% of peers
Cash
30%
Holds more cash than 30% of peers
What these mean: concentration · cash
Holdings in March 2018
Download CSVEvery line the fund disclosed, with the change against Feb 2018. 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 | 7.71% | up 0.55 pts | ₹765 Cr | up ₹24.2 Cr | Added |
| Tata Steel Limited | 7.51% | up 0.29 pts | ₹745 Cr | down ₹1.1 Cr | Held |
| TVS Motor Company Limited | 6.60% | down 0.27 pts | ₹655 Cr | down ₹56 Cr | Trimmed |
| Tata Motors Limited | 5.84% | down 0.18 pts | ₹580 Cr | down ₹43 Cr | Trimmed |
| ICICI Bank Limited | 4.29% | up 0.80 pts | ₹426 Cr | up ₹65 Cr | Added |
| Ambuja Cements Limited | 3.97% | up 0.12 pts | ₹394 Cr | down ₹3.9 Cr | Trimmed |
| ABB India Limited | 3.56% | down 0.44 pts | ₹353 Cr | down ₹60.5 Cr | Trimmed |
| Honeywell Automation India Limited | 3.46% | up 0.08 pts | ₹343 Cr | down ₹6.4 Cr | Trimmed |
| Bharat Forge Limited | 3.24% | down 0.11 pts | ₹321 Cr | down ₹25.3 Cr | Trimmed |
| SBI Life Insurance Company Limited | 2.81% | up 0.05 pts | ₹279 Cr | down ₹6.7 Cr | Trimmed |
| GE Vernova T&D India Limited | 2.45% | up 0.16 pts | ₹243 Cr | up ₹6.3 Cr | Added |
| Siemens Limited | 2.33% | down 0.10 pts | ₹231 Cr | down ₹20.4 Cr | Trimmed |
| Bharti Airtel Limited | 2.17% | down 0.07 pts | ₹215 Cr | down ₹16.1 Cr | Trimmed |
| Divi's Laboratories Limited | 2.10% | up 0.20 pts | ₹208 Cr | up ₹12.3 Cr | Added |
| Wheels India Limited | 2.08% | up 0.16 pts | ₹206 Cr | up ₹7.3 Cr | Added |
| Canara Bank | 1.96% | down 0.12 pts | ₹195 Cr | down ₹20.7 Cr | Trimmed |
| Cochin Shipyard Limited | 1.91% | down 0.03 pts | ₹190 Cr | down ₹11.4 Cr | Trimmed |
| Bank of Baroda | 1.87% | up 0.08 pts | ₹186 Cr | up ₹46 L | Held |
| Vesuvius India Limited Vesuvius India Ltd · history in this fund | 1.70% | up 0.03 pts | ₹169 Cr | down ₹4.3 Cr | Trimmed |
| Sundaram Clayton Limited | 1.66% | up 0.04 pts | ₹165 Cr | down ₹2.7 Cr | Trimmed |
| Jet Airways (India) Ltd | 1.66% | down 0.88 pts | ₹164 Cr | down ₹97.5 Cr | Trimmed |
| Punjab National Bank | 1.56% | down 0.03 pts | ₹154 Cr | down ₹9.9 Cr | Trimmed |
| Bharat Heavy Electricals Limited | 1.55% | down 0.09 pts | ₹154 Cr | down ₹16.2 Cr | Trimmed |
| KSB Limited | 1.51% | up 0.09 pts | ₹150 Cr | up ₹2.7 Cr | Added |
| Cummins India Limited | 1.49% | down 0.13 pts | ₹148 Cr | down ₹20.2 Cr | Trimmed |
| The Indian Hotels Company Limited | 1.41% | down 0.02 pts | ₹140 Cr | down ₹8.4 Cr | Trimmed |
| Federal-Mogul Goetze (India) Limited. | 1.37% | down 0.19 pts | ₹136 Cr | down ₹25.1 Cr | Trimmed |
| Cash, TREPS & receivables | 1.36% | down 0.76 pts | ₹135 Cr | down ₹84.8 Cr | Trimmed |
| ITD Cementation India Limited | 1.14% | down 0.11 pts | ₹113 Cr | down ₹16.5 Cr | Trimmed |
| Thyrocare Technologies Limited | 1.09% | down <0.01 pts | ₹108 Cr | down ₹5 Cr | Trimmed |
| NTPC Limited | 1.02% | up 0.86 pts | ₹101 Cr | up ₹84.6 Cr | Added |
| Birla Corporation Limited | 1.01% | down 0.21 pts | ₹100 Cr | down ₹26.1 Cr | Trimmed |
| Linde India Limited | 1.01% | down 0.08 pts | ₹100 Cr | down ₹12.8 Cr | Trimmed |
| Reliance Capital Ltd | 0.94% | down 0.07 pts | ₹93.4 Cr | down ₹10.8 Cr | Trimmed |
| Schneider Electric Infrastructure Limited | 0.91% | up 0.21 pts | ₹90.2 Cr | up ₹17.8 Cr | Added |
| Simplex Infrastructures Limited | 0.87% | down 0.04 pts | ₹86 Cr | down ₹7.9 Cr | Trimmed |
| Trent Limited | 0.86% | up 0.10 pts | ₹84.9 Cr | up ₹7.1 Cr | Added |
| UPL Limited | 0.80% | up 0.03 pts | ₹79.6 Cr | up ₹16 L | Held |
| Shoppers Stop Limited | 0.71% | down <0.01 pts | ₹70.3 Cr | down ₹3 Cr | Trimmed |
| Dr. Reddy's Laboratories Limited | 0.70% | down 0.02 pts | ₹69.3 Cr | down ₹5.2 Cr | Trimmed |
| Ramkrishna Forgings Limited | 0.64% | down 0.02 pts | ₹63.2 Cr | down ₹4.4 Cr | Trimmed |
| Varun Beverages Limited | 0.54% | up 0.01 pts | ₹53.8 Cr | down ₹1.7 Cr | Trimmed |
| Reliance Infrastructure Limited | 0.54% | down 0.01 pts | ₹53.8 Cr | down ₹3.5 Cr | Trimmed |
| Ashoka Buildcon Limited | 0.52% | up 0.08 pts | ₹51.7 Cr | up ₹6.1 Cr | Added |
| IDFC Bank Limited Money market | 0.50% | up 0.50 pts | ₹50 Cr | up ₹50 Cr | New |
| Automotive Axles Limited | 0.50% | down 0.02 pts | ₹49.7 Cr | down ₹3.7 Cr | Trimmed |
| Cipla Limited | 0.49% | up 0.02 pts | ₹49.1 Cr | down ₹5 L | Held |
| SIS Limited | 0.45% | down 0.01 pts | ₹44.6 Cr | down ₹2.5 Cr | Trimmed |
| Bombay Burmah Trading Corporation Limited | 0.41% | down 0.10 pts | ₹41 Cr | down ₹12.4 Cr | Trimmed |
| Muthoot Finance Limited | 0.35% | up 0.03 pts | ₹35 Cr | up ₹1.3 Cr | Added |
What changed, Feb 2018 to Mar 2018
New New positions (1)
- Tata Steel Limited - Partly Paid Shares0.2% · ₹23.8 Cr
Exited Exited (1)
- Tata Steel Limited Partly Paid Up Sharewas 0.1% · ₹11.8 Cr
Added Biggest additions
- NTPC Limitedup ₹84.6 Cr (+0.86% pts)
- ICICI Bank Limitedup ₹65 Cr (+0.80% pts)
- State Bank of Indiaup ₹24.2 Cr (+0.55% pts)
- Schneider Electric Infrastructure Limited
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 Feb 2018, the weight rose most in Banks (+1.2 pts) and Power (+0.8 pts), and fell most in Transportation (−0.9 pts) and Automobiles (−0.5 pts).
- Banks16.7% → 17.9%+1.2 pts
- Power0.9% → 1.8%+0.8 pts
- Pharmaceuticals & Biotechnology3.2% → 3.4%+0.2 pts
- Ferrous Metals7.9% → 8.1%+0.2 pts
- Retailing1.7% → 1.8%+0.1 pts
- Transportation2.6% → 1.7%−0.9 pts
- Automobiles13.2% → 12.7%−0.5 pts
- Electrical Equipment11.3% → 11.0%−0.3 pts
- Industrial Products8.3% → 8.1%−0.2 pts
- Construction2.2% → 2.0%−0.2 pts
- Cement & Cement Products5.2% → 5.1%−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 | Mar 2015 | Mar 2017 | Sep 2017 | Dec 2017 | Feb 2018 | Mar 2018 |
|---|---|---|---|---|---|---|
| Banks | 11.3% | 23.4% | 16.6% | 17.7% | 16.7% | 17.9% |
| Automobiles | 10.6% | 8.2% | 11.8% | 11.5% | 13.2% | 12.7% |
| Electrical Equipment | 15.6% | 6.2% | 6.7% | 7.6% | 11.3% | 11.0% |
| Ferrous Metals | 6.9% | 7.0% | 6.2% | 5.7% | 7.9% | 8.1% |
| Industrial Products | 8.1% | 5.3% | 6.8% | 8.0% | 8.3% | 8.1% |
| Auto Ancillaries | 7.1% | 6.4% | 5.6% | 5.7% | 5.8% | 5.8% |
| Industrial Manufacturing | 3.9% | 3.0% | 5.8% | 5.6% | 5.5% | 5.5% |
| Cement & Cement Products | 5.4% | 3.6% | 6.1% | 5.0% | 5.2% | 5.1% |
| Pharmaceuticals & Biotechnology | 2.9% | 3.7% | 3.8% | 3.4% | 3.2% | 3.4% |
| Insurance | — | — | 0.5% | 3.3% | 3.2% | 3.2% |
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, Mar 2018
1.9%
▼ 0.5 pts vs Feb 2018
- Cash alone
- 1.3%
- cash and net receivables
- A year earlier
- 3.8%
- Mar 2017 · now ▼ 1.9 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.