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Reliance Value Fund
Disclosed for 84 months, Sep 2012 to Aug 2019. This scheme is no longer reporting.Published as: RELIANCE VALUE FUND (An Open Ended Equity Scheme Following A Value Investment Strategy)
Portfolio value
₹2,611 Cr
up ₹13.5 Cr vs Mar 2016
- Stocks held
- 56
- 1 vs Mar 2016
Reliance Value Fund is an active equity fund in the Value / Contra category from Nippon India Mutual Fund. In April 2016 it disclosed 56 stocks worth ₹2,611 Cr, up ₹13.5 Cr from Mar 2016. Its largest positions were Honeywell Automation India Limited (6.1%), HDFC Bank Limited (4.3%), Infosys Limited (3.9%); the ten largest together made up 38.2% of the portfolio, and IT - Software was the biggest sector at 11.6% of its equity. Cash and debt stood at 4.1%. Compared with Mar 2016 the fund entered 0 new stocks and exited 1.
Against 27 other Value / Contra funds
Concentration
48%
Top-10 weight is higher than 48% of peers
Breadth
33%
Holds more stocks than 33% of peers
Cash
48%
Holds more cash than 48% of peers
What these mean: concentration · cash
Holdings in April 2016
Download CSVEvery line the fund disclosed, with the change against Mar 2016. Click a column to sort; click a company to see every fund that owns it. New to these? How to read a portfolio.
| Honeywell Automation India Limited | 6.14% | up 0.35 pts | ₹160 Cr | up ₹10 Cr | Added |
| HDFC Bank Limited | 4.34% | up 0.21 pts | ₹113 Cr | up ₹6.1 Cr | Added |
| Infosys Limited | 3.93% | down 0.05 pts | ₹103 Cr | down ₹87 L | Trimmed |
| Larsen & Toubro Limited | 3.84% | up 0.10 pts | ₹100 Cr | up ₹3 Cr | Added |
| UltraTech Cement Limited | 3.63% | down 0.10 pts | ₹94.8 Cr | down ₹2 Cr | Trimmed |
| Divi's Laboratories Limited | 3.62% | up 0.20 pts | ₹94.6 Cr | up ₹5.7 Cr | Added |
| HCL Technologies Limited | 3.45% | down 0.31 pts | ₹90 Cr | down ₹7.7 Cr | Trimmed |
| Bombay Burmah Trading Corporation Limited | 3.32% | up 0.32 pts | ₹86.7 Cr | up ₹8.7 Cr | Added |
| Torrent Pharmaceuticals Limited | 3.01% | down 0.08 pts | ₹78.7 Cr | down ₹1.6 Cr | Trimmed |
| Indian Oil Corporation Limited | 2.87% | up 0.25 pts | ₹74.8 Cr | up ₹6.8 Cr | Added |
| Bajaj Auto Limited | 2.86% | up 0.08 pts | ₹74.8 Cr | up ₹2.6 Cr | Added |
| The Phoenix Mills Limited | 2.46% | up 0.15 pts | ₹64.2 Cr | up ₹4.2 Cr | Added |
| GE Power India Limited | 2.43% | up 0.09 pts | ₹63.4 Cr | up ₹2.6 Cr | Added |
| Cholamandalam Financial Holdings Limited | 2.36% | up 0.12 pts | ₹61.5 Cr | up ₹3.4 Cr | Added |
| Intellect Design Arena Limited | 2.32% | up 0.03 pts | ₹60.7 Cr | up ₹1.2 Cr | Added |
| ADITYA BIRLA NUVO LTD. | 2.29% | up 0.08 pts | ₹59.9 Cr | up ₹2.3 Cr | Added |
| State Bank of India | 2.17% | down 0.07 pts | ₹56.7 Cr | down ₹1.6 Cr | Trimmed |
| BEML Limited | 2.12% | down 0.05 pts | ₹55.3 Cr | down ₹92 L | Trimmed |
| Century Textiles & Industries Limited | 1.96% | up 0.32 pts | ₹51.1 Cr | up ₹8.7 Cr | Added |
| Dish TV India Limited | 1.73% | up 0.06 pts | ₹45.3 Cr | up ₹1.9 Cr | Added |
| IDFC Bank Limited Money market | 1.71% | up <0.01 pts | ₹44.6 Cr | up ₹26 L | Added |
| Max Financial Services Limited | 1.68% | up 0.09 pts | ₹43.8 Cr | up ₹2.5 Cr | Added |
| Muthoot Finance Limited | 1.56% | up 0.18 pts | ₹40.6 Cr | up ₹4.9 Cr | Added |
| Samvardhana Motherson International Limited | 1.45% | down 0.09 pts | ₹37.9 Cr | down ₹2.1 Cr | Trimmed |
| The Indian Hotels Company Limited | 1.41% | up 0.08 pts | ₹36.8 Cr | up ₹2.2 Cr | Added |
| Hexaware Technologies Limited | 1.39% | down 0.48 pts | ₹36.2 Cr | down ₹12.3 Cr | Trimmed |
| EIH Limited | 1.38% | down 0.03 pts | ₹36 Cr | down ₹53 L | Trimmed |
| The India Cements Limited | 1.37% | up 0.04 pts | ₹35.7 Cr | up ₹1.2 Cr | Added |
| Cummins India Limited | 1.36% | up 0.06 pts | ₹35.4 Cr | up ₹1.7 Cr | Added |
| Siemens Limited | 1.31% | up 0.04 pts | ₹34.1 Cr | up ₹1.1 Cr | Added |
| Aditya Birla Fashion and Retail Limited | 1.30% | up 0.01 pts | ₹34.1 Cr | up ₹32 L | Added |
| Crompton Greaves Consumer Electricals Limited | 1.28% | down 0.01 pts | ₹33.4 Cr | — | Held |
| Advanta Ltd | 1.25% | up 0.13 pts | ₹32.6 Cr | up ₹3.7 Cr | Added |
| Cash, TREPS & receivables | 1.23% | down 0.27 pts | ₹32.1 Cr | down ₹6.9 Cr | Trimmed |
| KEC International Limited | 1.20% | up 0.02 pts | ₹31.4 Cr | up ₹80 L | Added |
| UFO Moviez India Limited | 1.19% | up 0.20 pts | ₹31 Cr | up ₹5.4 Cr | Added |
| Canara Bank | 1.18% | up 0.09 pts | ₹30.9 Cr | up ₹2.4 Cr | Added |
| Oriental Bank of Commerce | 1.15% | down 0.01 pts | ₹30 Cr | down ₹21 L | Trimmed |
| Jubilant Foodworks Limited | 1.11% | down 0.12 pts | ₹28.9 Cr | down ₹3 Cr | Trimmed |
| Redington Limited | 1.08% | down 0.07 pts | ₹28.2 Cr | down ₹1.6 Cr | Trimmed |
| The Federal Bank Limited | 1.05% | down 0.14 pts | ₹27.5 Cr | down ₹3.5 Cr | Trimmed |
| Linde India Limited | 1.01% | down 0.02 pts | ₹26.4 Cr | down ₹30 L | Trimmed |
| ABB India Limited | 0.99% | up 0.01 pts | ₹25.9 Cr | up ₹30 L | Added |
| State Bank of Mysore Money market | 0.95% | up <0.01 pts | ₹24.7 Cr | up ₹14 L | Added |
| ICICI Bank Limited | 0.91% | down 0.91 pts | ₹23.7 Cr | down ₹23.6 Cr | Trimmed |
| Thermax Limited | 0.89% | up 0.01 pts | ₹23.2 Cr | up ₹40 L | Added |
| Texmaco Rail & Engineering Limited | 0.88% | down 0.01 pts | ₹23 Cr | down ₹4 L | Held |
| Zuari Agro Chemicals Limited | 0.79% | up 0.15 pts | ₹20.8 Cr | up ₹3.9 Cr | Added |
| Pratibha Industries Ltd | 0.77% | up 0.03 pts | ₹20.2 Cr | up ₹87 L | Added |
| COX AND KINGS LTD. Cox & Kings Ltd · history in this fund | 0.72% | up 0.02 pts | ₹18.7 Cr | up ₹65 L | Added |
What changed, Mar 2016 to Apr 2016
New New positions (0)
None.
Exited Exited (1)
- Maruti Suzuki India Limitedwas 0.7% · ₹18.6 Cr
Added Biggest additions
- Honeywell Automation India Limitedup ₹10 Cr (+0.35% pts)
- Bombay Burmah Trading Corporation Limitedup ₹8.7 Cr (+0.32% pts)
- Century Textiles & Industries Limitedup ₹8.7 Cr (+0.32% pts)
- Indian Oil Corporation Limited ₹6.8 Cr (+0.25% 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 2016, the weight rose most in Industrial Manufacturing (+0.3 pts) and Cement (+0.3 pts), and fell most in Banks (−1.0 pts) and IT - Software (−0.9 pts).
- Industrial Manufacturing6.1% → 6.4%+0.3 pts
- Cement1.7% → 2.0%+0.3 pts
- Food Products3.1% → 3.5%+0.3 pts
- Finance3.9% → 4.1%+0.3 pts
- Electrical Equipment4.4% → 4.7%+0.3 pts
- Media & Entertainment2.8% → 3.0%+0.3 pts
- Banks12.2% → 11.3%−1.0 pts
- IT - Software12.5% → 11.6%−0.9 pts
- Automobiles3.7% → 3.0%−0.7 pts
- Auto Components1.6% → 1.5%−0.1 pts
- Leisure Services4.2% → 4.1%−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 | Apr 2013 | Apr 2015 | Oct 2015 | Jan 2016 | Mar 2016 | Apr 2016 |
|---|---|---|---|---|---|---|
| IT - Software | 10.5% | 8.1% | 10.9% | 11.6% | 12.5% | 11.6% |
| Banks | 13.1% | 16.8% | 14.3% | 13.0% | 12.2% | 11.3% |
| Pharmaceuticals & Biotechnology | 12.1% | 9.8% | 9.7% | 8.6% | 6.8% | 6.9% |
| Industrial Manufacturing | 1.7% | 5.3% | 6.3% | 5.9% | 6.1% | 6.4% |
| Construction | 5.9% | 5.3% | 4.8% | 4.7% | 5.2% | 5.3% |
| Cement & Cement Products | — | 4.1% | 4.2% | 4.5% | 5.3% | 5.2% |
| Electrical Equipment | 2.9% | 7.1% | 6.2% | 5.6% | 4.4% | 4.7% |
| Finance | 7.2% | 2.2% | 2.3% | 4.0% | 3.9% | 4.1% |
| Leisure Services | — | 1.3% | 3.0% | 3.4% | 4.2% | 4.1% |
| Food Products | 0.8% | 3.3% | 3.9% | 3.4% | 3.1% | 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, Apr 2016
4.1%
▼ 0.7 pts vs Mar 2016
- Cash alone
- 1.2%
- cash and net receivables
- A year earlier
- 2.1%
- Apr 2015 · now ▲ 1.9 pts
- Last 12 months
- 1.2% – 4.7%
- lowest to highest · record 4.7% in Mar 2016
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.