What stocks does Axis ELSS Tax Saver Fund hold?

Axis ELSS Tax Saver Fund holds a portfolio of Indian equity stocks disclosed monthly by Axis Mutual Fund to AMFI. The complete current holdings with weights and month-over-month changes are available on this page. Data is sourced from official AMFI portfolio disclosures.

Which AMC manages Axis ELSS Tax Saver Fund?

Axis ELSS Tax Saver Fund is managed by Axis Mutual Fund, a SEBI-registered Asset Management Company in India.

What category is Axis ELSS Tax Saver Fund?

Axis ELSS Tax Saver Fund is classified as a ELSS mutual fund under SEBI's mutual fund categorisation framework.

How often is Axis ELSS Tax Saver Fund portfolio data updated?

Portfolio holdings for Axis ELSS Tax Saver Fund are updated monthly. SEBI mandates all AMCs to disclose their complete portfolio within 10 days of each month end. RightAdvise sources this data directly from official AMFI portfolio disclosures.

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Axis ELSS Tax Saver Fund - Direct Plan - Growth Option

ELSS Data as of May 2026 Comparing Apr 2026 → May 2026

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Stocks Held

May 2026

Equity Holdings

₹30,633.93 Cr

Equity only, excl. debt & cash

Top 5 Weight

24.0%

Diversified

Top 10 Weight

38.5%

Diversified

Changes

2 new · 7 exits

Top Sector

Banks

21.6% of portfolio

📋 What Happened This Month Axis ELSS Tax Saver Fund made 2 new additions and exited 7 stocks this month. The biggest new buy was Radico Khaitan Limited (Beverages) at 0.51% weight. HDFC Life Insurance Company Limited was the biggest exit (Insurance), which was held at 0.76%. Among existing holdings, Axis Bank Limited saw the biggest increase — now at 2.31% of the portfolio. Torrent Power Limited was trimmed the most, now at 1.36%. ICICI Bank Limited remains the top holding with Banks the dominant sector at 21.6%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.

How Has the NAV Performed?

1 year history · Axis ELSS Tax Saver Fund - Direct Plan - Growth Option

+2.64%

+9.75%

-1.79%

-0.98%

Latest NAV

₹108.29

24 Jun 2026

52W High

₹112.41

-4% from High

52W Low

₹94.95

+14% from Low

Calendar Year Returns

Jan 1 to Dec 31 each year. Simple point-to-point — not CAGR.

2025

+5.2%

2024

+18.3%

2023

+22.9%

2022

-11.2%

2021

+25.6%

2020

+21.5%

2019

+15.9%

2018

+3.7%

2017

+39.0%

Rolling Returns

Performance across every possible investment start date.

1Y Rolling Avg

15.3%

+ve in 81% windows

74.8% / -18.1%

3Y Rolling Avg

14.0% p.a.

+ve in 100% windows

27.0% / 2.9%

5Y Rolling Avg

14.8% p.a.

+ve in 100% windows

22.7% / 7.1%

Crisis Period Behaviour

"Pre-inception" = fund didn't exist during that period.

2024–25 Tariff

-16.4%

Rec: not yet

COVID-19 Crash

-33.0%

Rec: Nov 2020 (11 mo)

2022 Rate Hike

-25.1%

Rec: Nov 2023 (2yr 1mo)

2018 IL&FS

-17.0%

Rec: Jun 2019 (11 mo)

Risk Ratios

3 years daily NAV · Risk-free rate 6.5% p.a. What do these mean? →

Sharpe Ratio (3Y)

0.45

Return per unit of risk. >1 is good.

Sortino Ratio (3Y)

0.64

Penalises downside volatility only.

Std Deviation (3Y)

13.2%

Lower = more consistent returns.

NAV Chart ₹108.29 24 Jun 2026

Simple Moving Avg: Click to draw · click again to remove

Axis ELSS Tax Saver Fund - Direct Plan - Growth Option

Chart shows indexed performance (base = 100). Actual NAV: ₹108.29

Sector Shift Industry allocation month-over-month

Mar 2026 → Apr 2026

Sector	Prev	Curr ▼	Delta
Banks	21.2%	21.1%	● -0.1%
Finance	6.8%	6.8%	● 0.0%
Pharmaceuticals & Biotechnology	6.5%	6.6%	● +0.0%
IT - Software	6.2%	5.4%	▼ -0.8%
Electrical Equipment	4.4%	5.0%	▲ +0.6%
Automobiles	5.1%	4.9%	▼ -0.2%
Retailing	4.4%	4.8%	▲ +0.4%
Telecom - Services	4.3%	4.3%	● 0.0%
Chemicals & Petrochemicals	3.9%	4.1%	▲ +0.2%
Petroleum Products	3.3%	3.6%	▲ +0.3%

Apr 2026 → May 2026

Sector	Prev	Curr ▼	Delta
Banks	21.1%	21.6%	▲ +0.5%
Pharmaceuticals & Biotechnology	6.6%	7.2%	▲ +0.6%
Finance	6.8%	6.6%	▼ -0.2%
Electrical Equipment	5.0%	5.5%	▲ +0.6%
Automobiles	4.9%	5.1%	▲ +0.3%
IT - Software	5.4%	5.1%	▼ -0.3%
Retailing	4.8%	5.0%	▲ +0.2%
Chemicals & Petrochemicals	4.1%	4.6%	▲ +0.5%
Telecom - Services	4.3%	4.3%	● -0.1%
Petroleum Products	3.6%	3.4%	▼ -0.2%

🟢

Biggest New Buy

Radico Khaitan Limited

0.51% weight · Beverages

🔴

Biggest Exit

HDFC Life Insurance Company Limited

0.76% was held · Insurance

↑

Biggest Add

Axis Bank Limited

+0.47% · now 2.31%

↓

Biggest Trim

Torrent Power Limited

-0.47% · now 1.36%

🤝 Other funds also bought this month

Billionbrains Garage Ventures Ltd 66 funds

Radico Khaitan Limited 17 funds

👋 Other funds also exited

ITC Limited 22 funds

HDFC Life Insurance Company Limited 16 funds

Kaynes Technology India Limited 12 funds

Apollo Hospitals Enterprise Limited 8 funds

LG Electronics India Ltd 8 funds

Tech Mahindra Limited 8 funds

What Changed in the Portfolio This Month?

Comparing Apr 2026 → May 2026

Apr 2026 → May 2026

🟢 2 New Entries 🔴 7 Exits ↑ 48 Increased ↓ 16 Decreased

#	Stock	Sector	Weight (May 2026)
1	Radico Khaitan Limited ₹157.32 Cr	Beverages	0.51%
2	Billionbrains Garage Ventures Ltd ₹88.84 Cr	Capital Markets	0.29%

#	Stock	Sector	Last Weight (Apr 2026)
1	HDFC Life Insurance Company Limited ₹240.91 Cr	Insurance	0.76%
2	Tech Mahindra Limited ₹144.26 Cr	IT - Software	0.46%
3	Nestle India Limited ₹131.42 Cr	Food Products	0.42%
4	LG Electronics India Ltd ₹111.11 Cr	Consumer Durables	0.35%
5	Apollo Hospitals Enterprise Limited ₹106.30 Cr	Healthcare Services	0.34%
6	Kaynes Technology India Limited ₹66.49 Cr	Industrial Manufacturing	0.21%
7	ITC Limited ₹53.68 Cr	Diversified FMCG	0.17%

#	Stock	Sector	Apr 2026	May 2026	Change
1	Axis Bank Limited ₹715.79 Cr	Banks	1.84%	2.31%	+0.47%
2	PB Fintech Limited ₹424.52 Cr	Financial Technology (Fintech)	1.07%	1.37%	+0.30%
3	Cipla Limited ₹193.77 Cr	Pharmaceuticals & Biotechnology	0.33%	0.62%	+0.29%
4	Solar Industries India Limited ₹353.11 Cr	Chemicals & Petrochemicals	0.89%	1.14%	+0.25%
5	CG Power and Industrial Solutions Limited ₹682.29 Cr	Electrical Equipment	1.97%	2.20%	+0.23%
6	Persistent Systems Limited ₹190.24 Cr	IT - Software	0.38%	0.61%	+0.23%
7	ICICI Bank Limited ₹2,253.21 Cr	Banks	7.04%	7.26%	+0.22%
8	Pidilite Industries Limited ₹806.42 Cr	Chemicals & Petrochemicals	2.39%	2.60%	+0.21%
9	InterGlobe Aviation Limited ₹460.28 Cr	Transport Services	1.28%	1.48%	+0.20%
10	Hindalco Industries Limited ₹330.68 Cr	Non - Ferrous Metals	0.87%	1.07%	+0.20%
11	Eternal Limited ₹852.58 Cr	Retailing	2.56%	2.75%	+0.19%
12	Page Industries Limited ₹128.90 Cr	Textiles & Apparels	0.24%	0.42%	+0.18%
13	Kotak Mahindra Bank Limited ₹626.47 Cr	Banks	1.86%	2.02%	+0.16%
14	Cummins India Limited ₹399.42 Cr	Industrial Products	1.13%	1.29%	+0.16%
15	Ather Energy Limited ₹169.85 Cr	Automobiles	0.40%	0.55%	+0.15%
16	Bharat Heavy Electricals Limited ₹252.80 Cr	Electrical Equipment	0.68%	0.81%	+0.13%
17	Titan Company Limited ₹477.66 Cr	Consumer Durables	1.42%	1.54%	+0.12%
18	GE Vernova T&D India Limited ₹321.53 Cr	Electrical Equipment	0.92%	1.04%	+0.12%
19	UltraTech Cement Limited ₹688.66 Cr	Cement & Cement Products	2.11%	2.22%	+0.11%
20	Fortis Healthcare Limited ₹268.48 Cr	Healthcare Services	0.76%	0.87%	+0.11%
21	Larsen & Toubro Limited ₹955.35 Cr	Construction	2.98%	3.08%	+0.10%
22	Vishal Mega Mart Limited ₹359.67 Cr	Retailing	1.07%	1.16%	+0.09%
23	Max Healthcare Institute Limited ₹265.86 Cr	Healthcare Services	0.77%	0.86%	+0.09%
24	Divi's Laboratories Limited ₹668.40 Cr	Pharmaceuticals & Biotechnology	2.07%	2.15%	+0.08%
25	Mankind Pharma Limited ₹330.93 Cr	Pharmaceuticals & Biotechnology	0.99%	1.07%	+0.08%
26	Tata Motors Ltd ₹243.40 Cr	Agricultural, Commercial & Construction Vehicles	0.70%	0.78%	+0.08%
27	Tenneco Clean Air India Limited ₹181.29 Cr	Auto Components	0.50%	0.58%	+0.08%
28	Coromandel International Limited ₹154.84 Cr	Fertilizers & Agrochemicals	0.42%	0.50%	+0.08%
29	The Indian Hotels Company Limited ₹458.72 Cr	Leisure Services	1.41%	1.48%	+0.07%
30	Apar Industries Limited ₹311.49 Cr	Electrical Equipment	0.93%	1.00%	+0.07%
31	Hyundai Motor India Ltd ₹291.74 Cr	Automobiles	0.87%	0.94%	+0.07%
32	Delhivery Limited ₹216.38 Cr	Transport Services	0.63%	0.70%	+0.07%
33	Navin Fluorine International Limited ₹268.69 Cr	Chemicals & Petrochemicals	0.81%	0.87%	+0.06%
34	JB Chemicals & Pharmaceuticals Limited ₹235.73 Cr	Pharmaceuticals & Biotechnology	0.70%	0.76%	+0.06%
35	Sun Pharmaceutical Industries Limited ₹482.17 Cr	Pharmaceuticals & Biotechnology	1.51%	1.55%	+0.04%
36	Sona BLW Precision Forgings Limited ₹343.47 Cr	Auto Components	1.07%	1.11%	+0.04%
37	Oil & Natural Gas Corporation Limited ₹257.27 Cr	Oil	0.79%	0.83%	+0.04%
38	TVS Motor Company Limited ₹313.63 Cr	Automobiles	0.98%	1.01%	+0.03%
39	Premier Energies Limited ₹149.21 Cr	Electrical Equipment	0.45%	0.48%	+0.03%
40	Torrent Pharmaceuticals Limited ₹123.38 Cr	Pharmaceuticals & Biotechnology	0.37%	0.40%	+0.03%
41	DLF Limited ₹111.73 Cr	Realty	0.33%	0.36%	+0.03%
42	The Federal Bank Limited ₹259.96 Cr	Banks	0.82%	0.84%	+0.02%
43	Trent Limited ₹176.13 Cr	Retailing	0.55%	0.57%	+0.02%
44	ICICI Lombard General Insurance Company Limited ₹169.23 Cr	Insurance	0.53%	0.55%	+0.02%
45	Anthem Biosciences Limited ₹190.02 Cr	Pharmaceuticals & Biotechnology	0.60%	0.61%	+0.01%
46	The Phoenix Mills Limited ₹150.00 Cr	Realty	0.47%	0.48%	+0.01%
47	UNO Minda Limited ₹132.05 Cr	Auto Components	0.42%	0.43%	+0.01%
48	Schaeffler India Limited ₹104.41 Cr	Auto Components	0.33%	0.34%	+0.01%

#	Stock	Sector	Apr 2026	May 2026	Change
1	Torrent Power Limited ₹422.21 Cr	Power	1.83%	1.36%	-0.47%
2	Jyoti CNC Automation Ltd ₹6.91 Cr	Industrial Manufacturing	0.30%	0.02%	-0.28%
3	State Bank of India ₹906.45 Cr	Banks	3.18%	2.92%	-0.26%
4	Reliance Industries Limited ₹1,046.37 Cr	Petroleum Products	3.59%	3.37%	-0.22%
5	Power Grid Corporation of India Limited ₹119.84 Cr	Power	0.57%	0.39%	-0.18%
6	Bajaj Finance Limited ₹1,104.00 Cr	Finance	3.69%	3.56%	-0.13%
7	PI Industries Limited ₹478.07 Cr	Fertilizers & Agrochemicals	1.67%	1.54%	-0.13%
8	Varun Beverages Limited ₹197.74 Cr	Beverages	0.77%	0.64%	-0.13%
9	HDFC Bank Limited ₹1,717.40 Cr	Banks	5.64%	5.54%	-0.10%
10	Tata Consultancy Services Limited ₹420.85 Cr	IT - Software	1.46%	1.36%	-0.10%
11	Shriram Finance Limited ₹126.63 Cr	Finance	0.49%	0.41%	-0.08%
12	Bharti Airtel Limited ₹1,321.31 Cr	Telecom - Services	4.32%	4.26%	-0.06%
13	Avenue Supermarts Limited ₹160.97 Cr	Retailing	0.58%	0.52%	-0.06%
14	Hindustan Unilever Limited ₹340.78 Cr	Diversified FMCG	1.13%	1.10%	-0.03%
15	Karur Vysya Bank Limited ₹207.29 Cr	Banks	0.70%	0.67%	-0.03%
16	Sundaram Finance Limited ₹138.15 Cr	Finance	0.47%	0.45%	-0.02%

What Stocks Does This Fund Hold?

72 stocks — May 2026

#	Stock	Sector	Weight & Value
1	ICICI Bank Limited ₹2,253.21 Cr	Banks	7.26%
2	HDFC Bank Limited ₹1,717.40 Cr	Banks	5.54%
3	Bharti Airtel Limited ₹1,321.31 Cr	Telecom - Services	4.26%
4	Bajaj Finance Limited ₹1,104.00 Cr	Finance	3.56%
5	Reliance Industries Limited ₹1,046.37 Cr	Petroleum Products	3.37%
6	Infosys Limited ₹973.09 Cr	IT - Software	3.14%
7	Larsen & Toubro Limited ₹955.35 Cr	Construction	3.08%
8	State Bank of India ₹906.45 Cr	Banks	2.92%
9	Eternal Limited ₹852.58 Cr	Retailing	2.75%
10	Mahindra & Mahindra Limited ₹815.96 Cr	Automobiles	2.63%
11	Pidilite Industries Limited ₹806.42 Cr	Chemicals & Petrochemicals	2.60%
12	Axis Bank Limited ₹715.79 Cr	Banks	2.31%
13	UltraTech Cement Limited ₹688.66 Cr	Cement & Cement Products	2.22%
14	CG Power and Industrial Solutions Limited ₹682.29 Cr	Electrical Equipment	2.20%
15	Cholamandalam Investment and Finance Company Ltd ₹676.46 Cr	Finance	2.18%
16	Divi's Laboratories Limited ₹668.40 Cr	Pharmaceuticals & Biotechnology	2.15%
17	Kotak Mahindra Bank Limited ₹626.47 Cr	Banks	2.02%
18	Sun Pharmaceutical Industries Limited ₹482.17 Cr	Pharmaceuticals & Biotechnology	1.55%
19	Titan Company Limited ₹477.66 Cr	Consumer Durables	1.54%
20	PI Industries Limited ₹478.07 Cr	Fertilizers & Agrochemicals	1.54%
21	InterGlobe Aviation Limited ₹460.28 Cr	Transport Services	1.48%
22	The Indian Hotels Company Limited ₹458.72 Cr	Leisure Services	1.48%
23	PB Fintech Limited ₹424.52 Cr	Financial Technology (Fintech)	1.37%
24	Torrent Power Limited ₹422.21 Cr	Power	1.36%
25	Tata Consultancy Services Limited ₹420.85 Cr	IT - Software	1.36%
26	Cummins India Limited ₹399.42 Cr	Industrial Products	1.29%
27	Tata Steel Limited ₹368.94 Cr	Ferrous Metals	1.19%
28	Vishal Mega Mart Limited ₹359.67 Cr	Retailing	1.16%
29	Solar Industries India Limited ₹353.11 Cr	Chemicals & Petrochemicals	1.14%
30	Sona BLW Precision Forgings Limited ₹343.47 Cr	Auto Components	1.11%
31	Hindustan Unilever Limited ₹340.78 Cr	Diversified FMCG	1.10%
32	Mankind Pharma Limited ₹330.93 Cr	Pharmaceuticals & Biotechnology	1.07%
33	Hindalco Industries Limited ₹330.68 Cr	Non - Ferrous Metals	1.07%
34	GE Vernova T&D India Limited ₹321.53 Cr	Electrical Equipment	1.04%
35	TVS Motor Company Limited ₹313.63 Cr	Automobiles	1.01%
36	Apar Industries Limited ₹311.49 Cr	Electrical Equipment	1.00%
37	Hyundai Motor India Ltd ₹291.74 Cr	Automobiles	0.94%
38	Fortis Healthcare Limited ₹268.48 Cr	Healthcare Services	0.87%
39	Navin Fluorine International Limited ₹268.69 Cr	Chemicals & Petrochemicals	0.87%
40	Max Healthcare Institute Limited ₹265.86 Cr	Healthcare Services	0.86%
41	The Federal Bank Limited ₹259.96 Cr	Banks	0.84%
42	Oil & Natural Gas Corporation Limited ₹257.27 Cr	Oil	0.83%
43	Bharat Heavy Electricals Limited ₹252.80 Cr	Electrical Equipment	0.81%
44	Tata Motors Ltd ₹243.40 Cr	Agricultural, Commercial & Construction Vehicles	0.78%
45	JB Chemicals & Pharmaceuticals Limited ₹235.73 Cr	Pharmaceuticals & Biotechnology	0.76%
46	Delhivery Limited ₹216.38 Cr	Transport Services	0.70%
47	Karur Vysya Bank Limited ₹207.29 Cr	Banks	0.67%
48	HDFC Asset Management Company Limited ₹207.28 Cr	Capital Markets	0.67%
49	Varun Beverages Limited ₹197.74 Cr	Beverages	0.64%
50	Cipla Limited ₹193.77 Cr	Pharmaceuticals & Biotechnology	0.62%
51	Persistent Systems Limited ₹190.24 Cr	IT - Software	0.61%
52	Anthem Biosciences Limited ₹190.02 Cr	Pharmaceuticals & Biotechnology	0.61%
53	Tenneco Clean Air India Limited ₹181.29 Cr	Auto Components	0.58%
54	Trent Limited ₹176.13 Cr	Retailing	0.57%
55	Ather Energy Limited ₹169.85 Cr	Automobiles	0.55%
56	ICICI Lombard General Insurance Company Limited ₹169.23 Cr	Insurance	0.55%
57	Avenue Supermarts Limited ₹160.97 Cr	Retailing	0.52%
58	Radico Khaitan Limited ₹157.32 Cr	Beverages	0.51%
59	Coromandel International Limited ₹154.84 Cr	Fertilizers & Agrochemicals	0.50%
60	The Phoenix Mills Limited ₹150.00 Cr	Realty	0.48%
61	Premier Energies Limited ₹149.21 Cr	Electrical Equipment	0.48%
62	Sundaram Finance Limited ₹138.15 Cr	Finance	0.45%
63	UNO Minda Limited ₹132.05 Cr	Auto Components	0.43%
64	Prestige Estates Projects Limited ₹129.25 Cr	Realty	0.42%
65	Page Industries Limited ₹128.90 Cr	Textiles & Apparels	0.42%
66	Shriram Finance Limited ₹126.63 Cr	Finance	0.41%
67	Torrent Pharmaceuticals Limited ₹123.38 Cr	Pharmaceuticals & Biotechnology	0.40%
68	Power Grid Corporation of India Limited ₹119.84 Cr	Power	0.39%
69	DLF Limited ₹111.73 Cr	Realty	0.36%
70	Schaeffler India Limited ₹104.41 Cr	Auto Components	0.34%
71	Billionbrains Garage Ventures Ltd ₹88.84 Cr	Capital Markets	0.29%
72	Jyoti CNC Automation Ltd ₹6.91 Cr	Industrial Manufacturing	0.02%