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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
₹10,511 Cr
up ₹587 Cr vs Mar 2018
Reliance Tax Saver is an active equity fund in the ELSS (tax saving) category from Nippon India Mutual Fund. In April 2018 it disclosed 62 stocks worth ₹10,511 Cr, up ₹587 Cr from Mar 2018. Its largest positions were State Bank of India (8.7%), Tata Steel Limited (7.5%), Tata Motors Limited (6.6%); the ten largest together made up 50.3% of the portfolio, and Banks was the biggest sector at 18.9% of its equity. Cash and debt stood at 0.2%. Compared with Mar 2018 the fund entered 4 new stocks and exited 4.
Against 47 other ELSS (tax saving) funds
Concentration
85%
Top-10 weight is higher than 85% of peers
Breadth
68%
Holds more stocks than 68% of peers
Cash
2%
Holds more cash than 2% of peers
What these mean: concentration · cash
Holdings in April 2018
Download CSVEvery line the fund disclosed, with the change against Mar 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 | 8.65% | up 0.94 pts | ₹909 Cr | up ₹145 Cr | Added |
| Tata Steel Limited | 7.49% | down 0.02 pts | ₹787 Cr | up ₹41.9 Cr | Added |
| Tata Motors Limited | 6.59% | up 0.75 pts | ₹692 Cr | up ₹113 Cr | Added |
| TVS Motor Company Limited | 6.23% | down 0.37 pts | ₹655 Cr | down ₹19 L | Held |
| Ambuja Cements Limited | 4.03% | up 0.06 pts | ₹423 Cr | up ₹29.9 Cr | Added |
| ICICI Bank Limited | 3.85% | down 0.44 pts | ₹405 Cr | down ₹21 Cr | Trimmed |
| Honeywell Automation India Limited | 3.65% | up 0.19 pts | ₹383 Cr | up ₹40.1 Cr | Added |
| ABB India Limited | 3.62% | up 0.06 pts | ₹380 Cr | up ₹27.2 Cr | Added |
| Bharat Forge Limited | 3.25% | up 0.01 pts | ₹342 Cr | up ₹20.5 Cr | Added |
| SBI Life Insurance Company Limited | 2.91% | up 0.10 pts | ₹306 Cr | up ₹26.7 Cr | Added |
| Bharat Petroleum Corporation Limited | 2.32% | up 2.32 pts | ₹244 Cr | up ₹244 Cr | New |
| Siemens Limited | 2.30% | down 0.03 pts | ₹241 Cr | up ₹10.7 Cr | Added |
| Canara Bank | 2.28% | up 0.31 pts | ₹239 Cr | up ₹44.6 Cr | Added |
| GE Vernova T&D India Limited | 2.15% | down 0.30 pts | ₹226 Cr | down ₹17.5 Cr | Trimmed |
| Divi's Laboratories Limited | 2.00% | down 0.10 pts | ₹210 Cr | up ₹2.2 Cr | Added |
| Bharat Heavy Electricals Limited | 1.95% | up 0.41 pts | ₹205 Cr | up ₹51.7 Cr | Added |
| Wheels India Limited | 1.92% | down 0.16 pts | ₹202 Cr | down ₹4.8 Cr | Trimmed |
| Cochin Shipyard Limited | 1.91% | down <0.01 pts | ₹201 Cr | up ₹10.8 Cr | Added |
| Bank of Baroda | 1.85% | down 0.02 pts | ₹194 Cr | up ₹8.7 Cr | Added |
| NTPC Limited | 1.80% | up 0.78 pts | ₹189 Cr | up ₹88.2 Cr | Added |
| Federal-Mogul Goetze (India) Limited. | 1.69% | up 0.31 pts | ₹177 Cr | up ₹41.1 Cr | Added |
| Sundaram Clayton Limited | 1.65% | down 0.01 pts | ₹174 Cr | up ₹8.5 Cr | Added |
| Vesuvius India Limited Vesuvius India Ltd · history in this fund | 1.63% | down 0.07 pts | ₹171 Cr | up ₹2.1 Cr | Added |
| Cummins India Limited | 1.55% | up 0.06 pts | ₹163 Cr | up ₹14.6 Cr | Added |
| The Indian Hotels Company Limited | 1.52% | up 0.11 pts | ₹160 Cr | up ₹20 Cr | Added |
| KSB Limited | 1.47% | down 0.03 pts | ₹155 Cr | up ₹5.5 Cr | Added |
| Punjab National Bank | 1.47% | down 0.09 pts | ₹155 Cr | up ₹16 L | Held |
| Thyrocare Technologies Limited | 1.15% | up 0.06 pts | ₹121 Cr | up ₹13 Cr | Added |
| ITD Cementation India Limited | 1.15% | up 0.01 pts | ₹120 Cr | up ₹7.3 Cr | Added |
| Birla Corporation Limited | 1.02% | up 0.01 pts | ₹107 Cr | up ₹7 Cr | Added |
| Linde India Limited | 0.98% | down 0.03 pts | ₹103 Cr | up ₹3 Cr | Added |
| Simplex Infrastructures Limited | 0.94% | up 0.07 pts | ₹98.4 Cr | up ₹12.4 Cr | Added |
| Reliance Capital Ltd | 0.91% | down 0.03 pts | ₹96 Cr | up ₹2.7 Cr | Added |
| Schneider Electric Infrastructure Limited | 0.88% | down 0.03 pts | ₹92.3 Cr | up ₹2 Cr | Added |
| Trent Limited | 0.82% | down 0.03 pts | ₹86.5 Cr | up ₹1.6 Cr | Added |
| Ramkrishna Forgings Limited | 0.72% | up 0.08 pts | ₹75.3 Cr | up ₹12 Cr | Added |
| Dr. Reddy's Laboratories Limited | 0.67% | down 0.03 pts | ₹70.3 Cr | up ₹98 L | Added |
| Shoppers Stop Limited | 0.65% | down 0.06 pts | ₹67.9 Cr | down ₹2.3 Cr | Trimmed |
| Mishra Dhatu Nigam Limited | 0.61% | up 0.61 pts | ₹63.7 Cr | up ₹63.7 Cr | New |
| Ashoka Buildcon Limited | 0.56% | up 0.04 pts | ₹59.1 Cr | up ₹7.4 Cr | Added |
| Reliance Infrastructure Limited | 0.54% | down <0.01 pts | ₹56.8 Cr | up ₹3 Cr | Added |
| Varun Beverages Limited | 0.53% | down 0.01 pts | ₹55.9 Cr | up ₹2.1 Cr | Added |
| Hindustan Petroleum Corporation Limited | 0.52% | up 0.52 pts | ₹54.8 Cr | up ₹54.8 Cr | New |
| Cipla Limited | 0.52% | up 0.03 pts | ₹54.7 Cr | up ₹5.6 Cr | Added |
| Automotive Axles Limited | 0.49% | down 0.01 pts | ₹51.9 Cr | up ₹2.3 Cr | Added |
| SIS Limited | 0.48% | up 0.03 pts | ₹50.1 Cr | up ₹5.6 Cr | Added |
| Axis Bank Limited | 0.44% | up 0.44 pts | ₹46.6 Cr | up ₹46.6 Cr | New |
| Muthoot Finance Limited | 0.37% | up 0.02 pts | ₹38.8 Cr | up ₹3.7 Cr | Added |
| Kennametal India Limited | 0.37% | up 0.02 pts | ₹38.4 Cr | up ₹4.3 Cr | Added |
| Max Financial Services Limited | 0.35% | up 0.02 pts | ₹37.1 Cr | up ₹4.5 Cr | Added |
What changed, Mar 2018 to Apr 2018
New New positions (4)
- Bharat Petroleum Corporation Limited2.3% · ₹244 Cr
- Mishra Dhatu Nigam Limited0.6% · ₹63.7 Cr
- Hindustan Petroleum Corporation Limited0.5% · ₹54.8 Cr
- Axis Bank Limited0.4% · ₹46.6 Cr
Exited Exited (4)
- Bharti Airtel Limitedwas 2.2% · ₹215 Cr
- Jet Airways (India) Ltdwas 1.7% · ₹164 Cr
- UPL Limitedwas 0.8% · ₹79.6 Cr
- Bombay Burmah Trading Corporation 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 Mar 2018, the weight rose most in Petroleum Products (+2.8 pts) and Banks (+1.0 pts), and fell most in Telecom - Services (−2.2 pts) and Transportation (−1.7 pts).
- Petroleum Products0.0% → 2.8%new+2.8 pts
- Banks17.9% → 18.9%+1.0 pts
- Power1.8% → 2.5%+0.7 pts
- Aerospace & Defense0.0% → 0.6%new+0.6 pts
- Automobiles12.7% → 12.8%+0.2 pts
- Telecom - Services2.2% → 0.0%exited−2.2 pts
- Transportation1.7% → 0.0%exited−1.7 pts
- Fertilizers & Agrochemicals0.8% → 0.0%exited−0.8 pts
- Food Products0.4% → 0.0%exited−0.4 pts
- Industrial Products8.1% → 7.9%−0.2 pts
- Pharmaceuticals & Biotechnology3.4% → 3.2%−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 | Apr 2015 | Apr 2017 | Oct 2017 | Jan 2018 | Mar 2018 | Apr 2018 |
|---|---|---|---|---|---|---|
| Banks | 14.2% | 24.6% | 17.8% | 19.6% | 17.9% | 18.9% |
| Automobiles | 9.1% | 8.9% | 12.3% | 11.4% | 12.7% | 12.8% |
| Electrical Equipment | 16.0% | 6.3% | 6.9% | 10.9% | 11.0% | 10.9% |
| Ferrous Metals | 7.6% | 5.9% | 5.8% | 5.4% | 8.1% | 8.1% |
| Industrial Products | 7.6% | 5.1% | 7.8% | 7.9% | 8.1% | 7.9% |
| Auto Ancillaries | 7.4% | 6.6% | 5.6% | 5.6% | 5.8% | 5.8% |
| Industrial Manufacturing | 3.6% | 3.0% | 5.4% | 5.1% | 5.5% | 5.6% |
| Cement & Cement Products | 5.6% | 3.5% | 5.8% | 4.5% | 5.1% | 5.1% |
| Insurance | 0.3% | — | 2.9% | 2.8% | 3.2% | 3.3% |
| Pharmaceuticals & Biotechnology | 2.3% | 3.6% | 3.3% | 3.0% | 3.4% | 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, Apr 2018
0.2%
▼ 1.7 pts vs Mar 2018
- Cash alone
- −0.1%
- cash and net receivables
- A year earlier
- 9.1%
- Apr 2017 · now ▼ 8.9 pts
- Last 12 months
- 0.2% – 6.1%
- 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.