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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
₹10,720 Cr
₹24.6 Cr vs Mar 2019
Reliance Tax Saver is an active equity fund in the ELSS (tax saving) category from Nippon India Mutual Fund. In April 2019 it disclosed 52 stocks worth ₹10,720 Cr, up ₹24.6 Cr from Mar 2019. Its largest positions were State Bank of India (7.3%), Tata Steel Limited (6.2%), Tata Motors Limited (5.0%); the ten largest together made up 48.9% of the portfolio, and Banks was the biggest sector at 21.0% of its equity. Cash and debt stood at 0.1%. Compared with Mar 2019 the fund entered 0 new stocks and exited 0.
Against 47 other ELSS (tax saving) funds
Concentration
83%
Top-10 weight is higher than 83% of peers
Breadth
43%
Holds more stocks than 43% of peers
Cash
2%
Holds more cash than 2% of peers
What these mean: concentration · cash
Holdings in April 2019
Download CSVEvery line the fund disclosed, with the change against Mar 2019. 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 | 7.29% | down 0.54 pts | ₹781 Cr | down ₹56.1 Cr | Trimmed |
| Tata Steel Limited | 6.18% | up 0.39 pts | ₹662 Cr | up ₹43 Cr | Added |
| Tata Motors Limited | 5.04% | up 0.64 pts | ₹540 Cr | up ₹69.6 Cr | Added |
| ICICI Bank Limited | 4.86% | up 0.31 pts | ₹521 Cr | up ₹34.2 Cr | Added |
| ABB India Limited | 4.60% | up 0.50 pts | ₹493 Cr | up ₹54.4 Cr | Added |
| Honeywell Automation India Limited | 4.55% | up 0.31 pts | ₹487 Cr | up ₹34.8 Cr | Added |
| ITC Limited | 4.50% | up 0.05 pts | ₹483 Cr | up ₹6.6 Cr | Added |
| Infosys Limited | 4.42% | down 0.87 pts | ₹473 Cr | down ₹92.3 Cr | Trimmed |
| TVS Motor Company Limited | 4.00% | up 0.23 pts | ₹428 Cr | up ₹25.6 Cr | Added |
| Reliance Industries Limited | 3.51% | up 0.07 pts | ₹376 Cr | up ₹8 Cr | Added |
| Larsen & Toubro Limited | 3.06% | down 0.09 pts | ₹328 Cr | down ₹8.9 Cr | Trimmed |
| Siemens Limited | 3.03% | up 0.11 pts | ₹325 Cr | up ₹12.2 Cr | Added |
| Hindustan Petroleum Corporation Limited | 3.01% | up 0.55 pts | ₹322 Cr | up ₹59.3 Cr | Added |
| Bank of Baroda | 2.84% | down 0.30 pts | ₹304 Cr | down ₹31.3 Cr | Trimmed |
| Ashok Leyland Limited | 2.70% | up 0.01 pts | ₹290 Cr | up ₹1.9 Cr | Added |
| Canara Bank | 2.41% | down 0.39 pts | ₹258 Cr | down ₹41 Cr | Trimmed |
| HDFC Bank Limited | 2.33% | down 0.40 pts | ₹250 Cr | down ₹41.9 Cr | Trimmed |
| Federal-Mogul Goetze (India) Limited. | 2.33% | down 0.06 pts | ₹250 Cr | down ₹5.9 Cr | Trimmed |
| Bharat Petroleum Corporation Limited | 2.14% | down 0.10 pts | ₹229 Cr | down ₹10.7 Cr | Trimmed |
| NTPC Limited | 1.94% | down 0.01 pts | ₹208 Cr | down ₹1 Cr | Held |
| Steel Authority of India Limited | 1.73% | up 0.65 pts | ₹186 Cr | up ₹69.7 Cr | Added |
| Bharat Heavy Electricals Limited | 1.72% | up 0.71 pts | ₹185 Cr | up ₹76.9 Cr | Added |
| GE Vernova T&D India Limited | 1.58% | down 0.13 pts | ₹170 Cr | down ₹14 Cr | Trimmed |
| The Indian Hotels Company Limited | 1.56% | down 0.01 pts | ₹167 Cr | down ₹59 L | Held |
| Cochin Shipyard Limited | 1.46% | down 0.06 pts | ₹156 Cr | down ₹6.2 Cr | Trimmed |
| Wheels India Limited | 1.45% | down 0.10 pts | ₹156 Cr | down ₹10.4 Cr | Trimmed |
| Vesuvius India Limited Vesuvius India Ltd · history in this fund | 1.40% | down 0.07 pts | ₹150 Cr | down ₹7.3 Cr | Trimmed |
| Linde India Limited | 1.34% | down 0.03 pts | ₹143 Cr | down ₹2.6 Cr | Trimmed |
| Bharat Forge Limited | 1.18% | down 0.10 pts | ₹127 Cr | down ₹10.8 Cr | Trimmed |
| Axis Bank Limited | 1.13% | down 0.48 pts | ₹121 Cr | down ₹50.6 Cr | Trimmed |
| KSB Limited | 1.06% | down 0.03 pts | ₹114 Cr | down ₹3.3 Cr | Trimmed |
| Schneider Electric Infrastructure Limited | 1.01% | down 0.13 pts | ₹108 Cr | down ₹13.1 Cr | Trimmed |
| Automotive Axles Limited | 0.94% | down 0.09 pts | ₹101 Cr | down ₹9.6 Cr | Trimmed |
| REC Limited | 0.87% | up 0.29 pts | ₹93 Cr | up ₹31.6 Cr | Added |
| Sundaram Clayton Limited | 0.84% | down 0.03 pts | ₹90.4 Cr | down ₹2.6 Cr | Trimmed |
| ITD Cementation India Limited | 0.75% | down 0.05 pts | ₹80 Cr | down ₹5.3 Cr | Trimmed |
| Mishra Dhatu Nigam Limited | 0.67% | down 0.06 pts | ₹71.4 Cr | down ₹6.1 Cr | Trimmed |
| Birla Corporation Limited | 0.65% | down 0.03 pts | ₹69.9 Cr | down ₹3 Cr | Trimmed |
| Vedanta Limited | 0.56% | down 0.06 pts | ₹60.1 Cr | down ₹6.3 Cr | Trimmed |
| Kennametal India Limited | 0.54% | up 0.06 pts | ₹57.7 Cr | up ₹6.3 Cr | Added |
| Sun Pharmaceutical Industries Limited | 0.46% | down 0.02 pts | ₹49.4 Cr | down ₹2.3 Cr | Trimmed |
| Cipla Limited | 0.43% | up 0.03 pts | ₹45.8 Cr | up ₹2.9 Cr | Added |
| Reliance Capital Ltd | 0.32% | down 0.17 pts | ₹34.6 Cr | down ₹18.6 Cr | Trimmed |
| Ambuja Cements Limited | 0.28% | down 0.02 pts | ₹29.8 Cr | down ₹2 Cr | Trimmed |
| EIH Limited | 0.27% | down 0.03 pts | ₹28.9 Cr | down ₹2.6 Cr | Trimmed |
| Simplex Infrastructures Limited | 0.23% | down 0.02 pts | ₹25.1 Cr | down ₹2.5 Cr | Trimmed |
| Tata Steel Limited - Partly Paid Shares | 0.22% | up 0.05 pts | ₹24.1 Cr | up ₹5 Cr | Added |
| Orient Cement Limited | 0.22% | up 0.06 pts | ₹23.7 Cr | up ₹6.1 Cr | Added |
| Oriental Bank of Commerce | 0.15% | down 0.03 pts | ₹15.7 Cr | down ₹3.2 Cr | Trimmed |
| Cash, TREPS & receivables | 0.13% | down <0.01 pts | ₹13.9 Cr | down ₹25 L | Trimmed |
What changed, Mar 2019 to Apr 2019
New New positions (0)
None.
Exited Exited (0)
None.
Added Biggest additions
- Bharat Heavy Electricals Limitedup ₹76.9 Cr (+0.71% pts)
- Steel Authority of India Limitedup ₹69.7 Cr (+0.65% pts)
- Tata Motors Limitedup ₹69.6 Cr (+0.64% pts)
- Hindustan Petroleum Corporation Limitedup ₹59.3 Cr (+0.55% pts)
- ABB India Limited ₹54.4 Cr (+0.50% pts)
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 2019, the weight rose most in Ferrous Metals (+1.0 pts) and Electrical Equipment (+1.0 pts), and fell most in Banks (−1.9 pts) and IT - Software (−0.9 pts).
- Ferrous Metals7.2% → 8.2%+1.0 pts
- Electrical Equipment10.9% → 12.0%+1.0 pts
- Automobiles8.2% → 9.0%+0.8 pts
- Petroleum Products8.2% → 8.7%+0.5 pts
- Industrial Manufacturing5.8% → 6.0%+0.2 pts
- Finance1.1% → 1.2%+0.1 pts
- Banks23.0% → 21.0%−1.9 pts
- IT - Software5.3% → 4.4%−0.9 pts
- Auto Ancillaries5.9% → 5.6%−0.3 pts
- Industrial Products3.9% → 3.7%−0.2 pts
- Construction4.2% → 4.0%−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 2016 | Apr 2018 | Oct 2018 | Jan 2019 | Mar 2019 | Apr 2019 |
|---|---|---|---|---|---|---|
| Banks | 17.3% | 18.9% | 22.5% | 20.1% | 23.0% | 21.0% |
| Electrical Equipment | 8.4% | 10.9% | 9.9% | 11.1% | 10.9% | 12.0% |
| Automobiles | 9.5% | 12.8% | 10.7% | 10.1% | 8.2% | 9.0% |
| Petroleum Products | 0.6% | 2.8% | 7.5% | 9.6% | 8.2% | 8.7% |
| Ferrous Metals | 5.9% | 8.1% | 8.2% | 6.8% | 7.2% | 8.2% |
| Industrial Manufacturing | 3.8% | 5.6% | 6.0% | 6.0% | 5.8% | 6.0% |
| Auto Ancillaries | 5.8% | 5.8% | 5.9% | 5.9% | 5.9% | 5.6% |
| Diversified FMCG | 4.5% | — | 4.3% | 4.8% | 4.5% | 4.5% |
| IT - Software | 1.0% | — | 3.9% | 5.7% | 5.3% | 4.4% |
| Construction | 6.2% | 2.1% | 4.5% | 4.6% | 4.2% | 4.0% |
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, Apr 2019
0.1%
▼ 0.5 pts vs Mar 2019
- Cash alone
- 0.1%
- cash and net receivables
- A year earlier
- 0.2%
- Apr 2018 · now ▼ 0.1 pts
- Last 12 months
- 0.1% – 2.6%
- 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.