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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
₹10,083 Cr
up ₹537 Cr vs Jun 2018
Reliance Tax Saver is an active equity fund in the ELSS (tax saving) category from Nippon India Mutual Fund. In July 2018 it disclosed 57 stocks worth ₹10,083 Cr, up ₹537 Cr from Jun 2018. Its largest positions were State Bank of India (10.7%), Tata Steel Limited (8.2%), Tata Motors Limited (5.7%); the ten largest together made up 48.6% of the portfolio, and Banks was the biggest sector at 20.9% of its equity. Cash and debt stood at 1.9%. Compared with Jun 2018 the fund entered 2 new stocks and exited 5.
Against 47 other ELSS (tax saving) funds
Concentration
83%
Top-10 weight is higher than 83% of peers
Breadth
62%
Holds more stocks than 62% of peers
Cash
30%
Holds more cash than 30% of peers
What these mean: concentration · cash
Holdings in July 2018
Download CSVEvery line the fund disclosed, with the change against Jun 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 | 10.74% | up 0.72 pts | ₹1,083 Cr | up ₹126 Cr | Added |
| Tata Steel Limited | 8.19% | down 0.11 pts | ₹826 Cr | up ₹34 Cr | Added |
| Tata Motors Limited | 5.68% | down 0.06 pts | ₹573 Cr | up ₹25.1 Cr | Added |
| TVS Motor Company Limited | 4.15% | down 1.85 pts | ₹418 Cr | down ₹154 Cr | Trimmed |
| Honeywell Automation India Limited | 3.96% | up 0.07 pts | ₹400 Cr | up ₹27.8 Cr | Added |
| Ambuja Cements Limited | 3.87% | up 0.19 pts | ₹390 Cr | up ₹39.3 Cr | Added |
| ABB India Limited | 3.50% | up 0.05 pts | ₹353 Cr | up ₹23.2 Cr | Added |
| Bank of Baroda | 2.94% | up 1.40 pts | ₹297 Cr | up ₹150 Cr | Added |
| SBI Life Insurance Company Limited | 2.80% | down 0.11 pts | ₹282 Cr | up ₹4.8 Cr | Added |
| Bharat Petroleum Corporation Limited | 2.78% | up 0.01 pts | ₹281 Cr | up ₹16 Cr | Added |
| Canara Bank | 2.74% | up 0.32 pts | ₹277 Cr | up ₹45.6 Cr | Added |
| ITC Limited | 2.42% | up 1.79 pts | ₹244 Cr | up ₹184 Cr | Added |
| NTPC Limited | 2.21% | up 0.09 pts | ₹223 Cr | up ₹20.2 Cr | Added |
| ICICI Bank Limited | 2.17% | down 0.15 pts | ₹219 Cr | down ₹2.6 Cr | Trimmed |
| Bharat Forge Limited | 2.16% | up 0.01 pts | ₹217 Cr | up ₹12.5 Cr | Added |
| Siemens Limited | 2.11% | down 0.10 pts | ₹213 Cr | up ₹1.8 Cr | Added |
| Wheels India Limited | 2.05% | down 0.05 pts | ₹206 Cr | up ₹6.1 Cr | Added |
| Federal-Mogul Goetze (India) Limited. | 2.00% | up 0.03 pts | ₹201 Cr | up ₹13.6 Cr | Added |
| Cochin Shipyard Limited | 1.93% | up 0.19 pts | ₹195 Cr | up ₹28.2 Cr | Added |
| GE Vernova T&D India Limited | 1.72% | down 0.15 pts | ₹174 Cr | down ₹5.1 Cr | Trimmed |
| Vesuvius India Limited Vesuvius India Ltd · history in this fund | 1.72% | down 0.08 pts | ₹174 Cr | up ₹1.2 Cr | Added |
| Bharat Heavy Electricals Limited | 1.72% | down 0.04 pts | ₹173 Cr | up ₹5.4 Cr | Added |
| Hindustan Petroleum Corporation Limited | 1.70% | up 1.09 pts | ₹172 Cr | up ₹113 Cr | Added |
| Axis Bank Limited | 1.52% | down 0.50 pts | ₹154 Cr | down ₹39.5 Cr | Trimmed |
| Sundaram Clayton Limited | 1.44% | down 0.13 pts | ₹145 Cr | down ₹4.2 Cr | Trimmed |
| The Indian Hotels Company Limited | 1.42% | down 0.07 pts | ₹144 Cr | up ₹1 Cr | Added |
| Cummins India Limited | 1.41% | down 0.02 pts | ₹142 Cr | up ₹5.5 Cr | Added |
| KSB Limited | 1.38% | down 0.07 pts | ₹139 Cr | up ₹26 L | Held |
| Linde India Limited | 1.24% | down 0.05 pts | ₹125 Cr | up ₹2.1 Cr | Added |
| Thyrocare Technologies Limited | 1.12% | up 0.03 pts | ₹113 Cr | up ₹8.8 Cr | Added |
| Birla Corporation Limited | 1.08% | up 0.02 pts | ₹109 Cr | up ₹7.3 Cr | Added |
| Reliance Capital Ltd | 0.95% | up 0.03 pts | ₹96 Cr | up ₹7.8 Cr | Added |
| Larsen & Toubro Limited | 0.90% | up 0.21 pts | ₹90.2 Cr | up ₹24.8 Cr | Added |
| Vedanta Limited | 0.89% | down 0.11 pts | ₹90 Cr | down ₹5.7 Cr | Trimmed |
| Cash, TREPS & receivables | 0.86% | down 1.69 pts | ₹87 Cr | down ₹157 Cr | Trimmed |
| ITD Cementation India Limited | 0.84% | up <0.01 pts | ₹84.7 Cr | up ₹4.8 Cr | Added |
| Schneider Electric Infrastructure Limited | 0.81% | up 0.06 pts | ₹81.7 Cr | up ₹10 Cr | Added |
| PNB Housing Finance Limited Money market | 0.74% | up 0.74 pts | ₹75 Cr | up ₹75 Cr | New |
| Mishra Dhatu Nigam Limited | 0.71% | up 0.09 pts | ₹72.1 Cr | up ₹12.6 Cr | Added |
| Dr. Reddy's Laboratories Limited | 0.70% | down 0.08 pts | ₹70.9 Cr | down ₹3.6 Cr | Trimmed |
| Steel Authority of India Limited | 0.69% | up 0.14 pts | ₹69.8 Cr | up ₹17.5 Cr | Added |
| RITES Limited | 0.68% | up 0.68 pts | ₹68.5 Cr | up ₹68.5 Cr | New |
| Simplex Infrastructures Limited | 0.68% | down 0.04 pts | ₹68.4 Cr | down ₹31 L | Held |
| Shoppers Stop Limited | 0.51% | down 0.03 pts | ₹51.8 Cr | down ₹26 L | Trimmed |
| Reliance Infrastructure Limited | 0.42% | down 0.19 pts | ₹42 Cr | down ₹16.1 Cr | Trimmed |
| Automotive Axles Limited | 0.41% | down 0.03 pts | ₹41 Cr | down ₹81 L | Trimmed |
| TCNS Clothing Co. Limited | 0.41% | up 0.41 pts | ₹40.9 Cr | up ₹40.9 Cr | New |
| Tata Steel Limited - Partly Paid Shares | 0.40% | down 0.05 pts | ₹39.9 Cr | down ₹2.6 Cr | Trimmed |
| Infosys Limited | 0.37% | down <0.01 pts | ₹36.9 Cr | up ₹1.6 Cr | Added |
| Kennametal India Limited | 0.36% | down 0.02 pts | ₹36.4 Cr | up ₹44 L | Added |
What changed, Jun 2018 to Jul 2018
New New positions (2)
- RITES Limited0.7% · ₹68.5 Cr
- TCNS Clothing Co. Limited0.4% · ₹40.9 Cr
Exited Exited (5)
- Divi's Laboratories Limitedwas 1.2% · ₹112 Cr
- Varun Beverages Limitedwas 0.7% · ₹64.4 Cr
- SIS Limitedwas 0.5% · ₹45.7 Cr
- Ramkrishna Forgings Limitedwas 0.2% · ₹22.1 Cr
- Trent Limitedwas 0.2% · ₹21.8 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 Jun 2018, the weight rose most in Diversified FMCG (+1.8 pts) and Banks (+1.7 pts), and fell most in Automobiles (−2.0 pts) and Pharmaceuticals & Biotechnology (−1.3 pts).
- Diversified FMCG0.6% → 2.5%+1.8 pts
- Banks19.2% → 20.9%+1.7 pts
- Petroleum Products3.5% → 4.6%+1.1 pts
- Construction2.3% → 3.2%+0.9 pts
- Textile Products0.0% → 0.4%new+0.4 pts
- Industrial Manufacturing5.8% → 6.0%+0.2 pts
- Automobiles12.0% → 10.0%−2.0 pts
- Pharmaceuticals & Biotechnology2.0% → 0.7%−1.3 pts
- Beverages0.7% → 0.0%exited−0.7 pts
- Commercial Services0.5% → 0.0%exited−0.5 pts
- Retailing1.0% → 0.7%−0.3 pts
- Electrical Equipment10.3% → 10.1%−0.3 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 | Jul 2015 | Jul 2017 | Jan 2018 | Apr 2018 | Jun 2018 | Jul 2018 |
|---|---|---|---|---|---|---|
| Banks | 15.6% | 19.1% | 19.6% | 18.9% | 19.2% | 20.9% |
| Electrical Equipment | 15.8% | 5.5% | 10.9% | 10.9% | 10.3% | 10.1% |
| Automobiles | 11.2% | 8.7% | 11.4% | 12.8% | 12.0% | 10.0% |
| Ferrous Metals | 4.9% | 5.4% | 5.4% | 8.1% | 9.5% | 9.5% |
| Industrial Products | 7.5% | 6.0% | 7.9% | 7.9% | 7.0% | 6.8% |
| Auto Ancillaries | 6.7% | 5.7% | 5.6% | 5.8% | 6.3% | 6.1% |
| Industrial Manufacturing | 4.0% | 2.9% | 5.1% | 5.6% | 5.8% | 6.0% |
| Cement & Cement Products | 4.4% | 7.7% | 4.5% | 5.1% | 4.9% | 5.0% |
| Petroleum Products | — | 1.2% | — | 2.8% | 3.5% | 4.6% |
| Construction | 5.9% | 1.0% | 2.2% | 2.1% | 2.3% | 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, Jul 2018
1.9%
▼ 0.7 pts vs Jun 2018
- Cash alone
- 0.9%
- cash and net receivables
- A year earlier
- 3.8%
- Jul 2017 · now ▼ 2.0 pts
- Last 12 months
- 0.2% – 3.5%
- 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.