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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
₹10,546 Cr
up ₹464 Cr vs Jul 2018
Reliance Tax Saver is an active equity fund in the ELSS (tax saving) category from Nippon India Mutual Fund. In August 2018 it disclosed 57 stocks worth ₹10,546 Cr, up ₹464 Cr from Jul 2018. Its largest positions were State Bank of India (9.0%), Tata Steel Limited (8.4%), Tata Motors Limited (5.7%); the ten largest together made up 48.7% of the portfolio, and Banks was the biggest sector at 20.0% of its equity. Cash and debt stood at 0.9%. Compared with Jul 2018 the fund entered 3 new stocks and exited 3.
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
4%
Holds more cash than 4% of peers
What these mean: concentration · cash
Holdings in August 2018
Download CSVEvery line the fund disclosed, with the change against Jul 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 | 8.98% | down 1.76 pts | ₹947 Cr | down ₹136 Cr | Trimmed |
| Tata Steel Limited | 8.35% | up 0.16 pts | ₹881 Cr | up ₹54.9 Cr | Added |
| Tata Motors Limited | 5.71% | up 0.03 pts | ₹602 Cr | up ₹29 Cr | Added |
| TVS Motor Company Limited | 5.00% | up 0.86 pts | ₹528 Cr | up ₹110 Cr | Added |
| Honeywell Automation India Limited | 4.32% | up 0.35 pts | ₹455 Cr | up ₹55.6 Cr | Added |
| Ambuja Cements Limited | 3.87% | up <0.01 pts | ₹408 Cr | up ₹18 Cr | Added |
| ABB India Limited | 3.60% | up 0.09 pts | ₹379 Cr | up ₹26.1 Cr | Added |
| ITC Limited | 3.44% | up 1.02 pts | ₹363 Cr | up ₹119 Cr | Added |
| Bank of Baroda | 2.81% | down 0.14 pts | ₹296 Cr | down ₹77 L | Held |
| Canara Bank | 2.61% | down 0.13 pts | ₹276 Cr | down ₹78 L | Held |
| Bharat Petroleum Corporation Limited | 2.47% | down 0.31 pts | ₹261 Cr | down ₹19.9 Cr | Trimmed |
| NTPC Limited | 2.34% | up 0.13 pts | ₹247 Cr | up ₹24 Cr | Added |
| ICICI Bank Limited | 2.34% | up 0.17 pts | ₹247 Cr | up ₹27.6 Cr | Added |
| Bharat Forge Limited | 2.18% | up 0.03 pts | ₹230 Cr | up ₹13 Cr | Added |
| Siemens Limited | 2.08% | down 0.03 pts | ₹219 Cr | up ₹6.7 Cr | Added |
| SBI Life Insurance Company Limited | 2.05% | down 0.75 pts | ₹216 Cr | down ₹66.1 Cr | Trimmed |
| Vedanta Limited | 1.94% | up 1.05 pts | ₹205 Cr | up ₹115 Cr | Added |
| Federal-Mogul Goetze (India) Limited. | 1.92% | down 0.08 pts | ₹202 Cr | up ₹1 Cr | Added |
| Bharat Heavy Electricals Limited | 1.79% | up 0.07 pts | ₹189 Cr | up ₹15.3 Cr | Added |
| Cochin Shipyard Limited | 1.73% | down 0.20 pts | ₹183 Cr | down ₹12.3 Cr | Trimmed |
| Wheels India Limited | 1.71% | down 0.33 pts | ₹181 Cr | down ₹25.7 Cr | Trimmed |
| GE Vernova T&D India Limited | 1.62% | down 0.10 pts | ₹171 Cr | down ₹2.6 Cr | Trimmed |
| Cummins India Limited | 1.54% | up 0.13 pts | ₹162 Cr | up ₹20 Cr | Added |
| Vesuvius India Limited Vesuvius India Ltd · history in this fund | 1.52% | down 0.20 pts | ₹161 Cr | down ₹13.1 Cr | Trimmed |
| Hindustan Petroleum Corporation Limited | 1.45% | down 0.25 pts | ₹153 Cr | down ₹18.7 Cr | Trimmed |
| HDFC Bank Limited | 1.43% | up 1.43 pts | ₹151 Cr | up ₹151 Cr | New |
| The Indian Hotels Company Limited | 1.41% | down 0.02 pts | ₹148 Cr | up ₹4.6 Cr | Added |
| KSB Limited | 1.30% | down 0.07 pts | ₹137 Cr | down ₹1.5 Cr | Trimmed |
| Sundaram Clayton Limited | 1.29% | down 0.15 pts | ₹136 Cr | down ₹8.9 Cr | Trimmed |
| Axis Bank Limited | 1.27% | down 0.25 pts | ₹134 Cr | down ₹19.2 Cr | Trimmed |
| Reliance Capital Ltd | 1.16% | up 0.21 pts | ₹123 Cr | up ₹26.8 Cr | Added |
| Linde India Limited | 1.14% | down 0.09 pts | ₹121 Cr | down ₹4 Cr | Trimmed |
| Thyrocare Technologies Limited | 1.12% | down <0.01 pts | ₹118 Cr | up ₹4.9 Cr | Added |
| Birla Corporation Limited | 1.01% | down 0.07 pts | ₹107 Cr | down ₹2.3 Cr | Trimmed |
| Steel Authority of India Limited | 0.95% | up 0.26 pts | ₹101 Cr | up ₹30.9 Cr | Added |
| Cash, TREPS & receivables | 0.92% | up 0.05 pts | ₹96.5 Cr | up ₹9.6 Cr | Added |
| Larsen & Toubro Limited | 0.90% | up <0.01 pts | ₹94.9 Cr | up ₹4.7 Cr | Added |
| Schneider Electric Infrastructure Limited | 0.85% | up 0.04 pts | ₹90 Cr | up ₹8.2 Cr | Added |
| ITD Cementation India Limited | 0.84% | up <0.01 pts | ₹89 Cr | up ₹4.3 Cr | Added |
| Dr. Reddy's Laboratories Limited | 0.79% | up 0.08 pts | ₹83 Cr | up ₹12.1 Cr | Added |
| RITES Limited | 0.74% | up 0.06 pts | ₹78.4 Cr | up ₹9.9 Cr | Added |
| Mishra Dhatu Nigam Limited | 0.72% | up 0.01 pts | ₹76.2 Cr | up ₹4.1 Cr | Added |
| Automotive Axles Limited | 0.57% | up 0.16 pts | ₹59.9 Cr | up ₹18.9 Cr | Added |
| Simplex Infrastructures Limited | 0.57% | down 0.11 pts | ₹59.7 Cr | down ₹8.7 Cr | Trimmed |
| Reliance Industries Limited | 0.53% | up 0.53 pts | ₹55.9 Cr | up ₹55.9 Cr | New |
| Tata Steel Limited - Partly Paid Shares | 0.47% | up 0.07 pts | ₹49.4 Cr | up ₹9.5 Cr | Added |
| Kennametal India Limited | 0.42% | up 0.06 pts | ₹44.7 Cr | up ₹8.3 Cr | Added |
| Infosys Limited | 0.37% | up <0.01 pts | ₹38.9 Cr | up ₹2.1 Cr | Added |
| Coal India Limited | 0.32% | up 0.32 pts | ₹33.5 Cr | up ₹33.5 Cr | New |
| EIH Limited | 0.26% | up <0.01 pts | ₹27.5 Cr | up ₹1.7 Cr | Added |
What changed, Jul 2018 to Aug 2018
New New positions (3)
- HDFC Bank Limited1.4% · ₹151 Cr
- Reliance Industries Limited0.5% · ₹55.9 Cr
- Coal India Limited0.3% · ₹33.5 Cr
Exited Exited (3)
- Shoppers Stop Limitedwas 0.5% · ₹51.8 Cr
- TCNS Clothing Co. Limitedwas 0.4% · ₹40.9 Cr
- Aditya Birla Fashion and Retail Limitedwas 0.2% · ₹18.9 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 Jul 2018, the weight rose most in Diversified Metals (+1.1 pts) and Diversified FMCG (+1.0 pts), and fell most in Banks (−0.9 pts) and Insurance (−0.8 pts).
- Diversified Metals0.9% → 2.0%+1.1 pts
- Diversified FMCG2.5% → 3.5%+1.0 pts
- Automobiles10.0% → 10.8%+0.8 pts
- Ferrous Metals9.5% → 9.9%+0.4 pts
- Consumable Fuels0.0% → 0.3%new+0.3 pts
- Finance1.1% → 1.3%+0.2 pts
- Banks20.9% → 20.0%−0.9 pts
- Insurance2.9% → 2.1%−0.8 pts
- Retailing0.7% → 0.0%exited−0.7 pts
- Auto Ancillaries6.1% → 5.6%−0.5 pts
- Textile Products0.4% → 0.0%exited−0.4 pts
- Industrial Products6.8% → 6.6%−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 | Aug 2015 | Aug 2017 | Feb 2018 | May 2018 | Jul 2018 | Aug 2018 |
|---|---|---|---|---|---|---|
| Banks | 17.1% | 17.3% | 16.7% | 21.9% | 20.9% | 20.0% |
| Automobiles | 11.2% | 9.9% | 13.2% | 11.9% | 10.0% | 10.8% |
| Electrical Equipment | 13.8% | 5.8% | 11.3% | 10.4% | 10.1% | 10.0% |
| Ferrous Metals | 5.1% | 5.4% | 7.9% | 8.1% | 9.5% | 9.9% |
| Industrial Products | 7.7% | 6.8% | 8.3% | 6.9% | 6.8% | 6.6% |
| Industrial Manufacturing | 4.3% | 5.2% | 5.5% | 5.7% | 6.0% | 6.1% |
| Auto Ancillaries | 7.1% | 5.5% | 5.8% | 5.7% | 6.1% | 5.6% |
| Cement & Cement Products | 1.9% | 7.8% | 5.2% | 4.5% | 5.0% | 4.9% |
| Petroleum Products | — | 1.4% | — | 3.1% | 4.6% | 4.5% |
| Diversified FMCG | 1.7% | 1.6% | — | 0.1% | 2.5% | 3.5% |
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, Aug 2018
0.9%
▼ 0.9 pts vs Jul 2018
- Cash alone
- 0.9%
- cash and net receivables
- A year earlier
- 3.1%
- Aug 2017 · now ▼ 2.1 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.