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.

← Axis Mutual Fund

Axis ELSS Tax Saver Fund - Direct Plan - Growth Option

ELSS Data as of Sep 2026 Comparing Aug 2026 → Sep 2026

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Stocks Held

Sep 2026

Equity Holdings

₹29,629.67 Cr

Equity only, excl. debt & cash

AAUM

₹31,410.58 Cr

Jul-Sep 2026 · Direct + Regular

Top 5 Weight

24.1%

Diversified

Top 10 Weight

37.2%

Diversified

Changes

4 new · 1 exits

Top Sector

Banks

22.2% of portfolio

Launch Date

17 Dec 2009

10+ year track record

AAUM (Average Assets Under Management) of ₹31,410.58 Cr for Jul-Sep 2026 is the combined figure across Direct and Regular plans — sourced from AMFI India's quarterly disclosure. Equity Holdings above shows only the stock portion from the latest portfolio filing.

📋 What Happened This Month Axis ELSS Tax Saver Fund made 4 new additions and exited 1 stock this month. The biggest new buy was Gland Pharma Limited (Pharmaceuticals & Biotechnology) at 0.48% weight. Max Healthcare Institute Limited was the biggest exit (Healthcare Services), which was held at 0.58%. Among existing holdings, HDFC Bank Limited saw the biggest increase — now at 6.09% of the portfolio. PB Fintech Limited was trimmed the most, now at 1.22%. ICICI Bank Limited remains the top holding with Banks the dominant sector at 22.2%. ↓ 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

-4.30%

-5.37%

-2.01%

-7.30%

Latest NAV

₹103.50

23 Oct 2026

52W High

₹113.38

-9% from High

52W Low

₹96.28

+8% 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

14.8%

+ve in 79% windows

74.8% / -18.1%

3Y Rolling Avg

13.9% p.a.

+ve in 100% windows

27.0% / 2.9%

5Y Rolling Avg

14.4% p.a.

+ve in 100% windows

22.7% / 4.2%

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. · CAGR, Sharpe Ratio & Standard Deviation — Mutual Fund Guide →

Sharpe Ratio (3Y)

0.16

Return per unit of risk. >1 is good.

Sortino Ratio (3Y)

0.23

Penalises downside volatility only.

Std Deviation (3Y)

13.4%

Lower = more consistent returns.

NAV Chart ₹103.50 23 Oct 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: ₹103.50

Sector Shift Industry allocation month-over-month

Jul 2026 → Aug 2026

Sector	Prev	Curr ▼	Delta
Banks	21.7%	21.6%	▼ -0.1%
Pharmaceuticals & Biotechnology	7.5%	7.6%	▲ +0.2%
Finance	7.2%	6.5%	▼ -0.8%
Automobiles	6.3%	6.2%	▼ -0.1%
Retailing	4.6%	5.1%	▲ +0.5%
IT - Software	5.1%	5.0%	▼ -0.1%
Chemicals & Petrochemicals	4.6%	4.9%	▲ +0.3%
Telecom - Services	4.6%	4.3%	▼ -0.4%
Electrical Equipment	3.7%	4.1%	▲ +0.5%
Financial Technology (Fintech)	1.7%	3.1%	▲ +1.5%

Aug 2026 → Sep 2026

Sector	Prev	Curr ▼	Delta
Banks	21.6%	22.2%	▲ +0.6%
Pharmaceuticals & Biotechnology	7.6%	7.7%	▲ +0.1%
Finance	6.5%	6.3%	▼ -0.2%
Automobiles	6.2%	5.7%	▼ -0.5%
Retailing	5.1%	5.1%	● +0.1%
IT - Software	5.0%	4.9%	● -0.1%
Chemicals & Petrochemicals	4.9%	4.8%	▼ -0.1%
Telecom - Services	4.3%	4.5%	▲ +0.2%
Electrical Equipment	4.1%	4.1%	● 0.0%
Auto Components	2.9%	3.1%	▲ +0.2%

🟢

Biggest New Buy

Gland Pharma Limited

0.48% weight · Pharmaceuticals & Biotechnology

🔴

Biggest Exit

Max Healthcare Institute Limited

0.58% was held · Healthcare Services

↑

Biggest Add

HDFC Bank Limited

+0.54% · now 6.09%

↓

Biggest Trim

PB Fintech Limited

-0.77% · now 1.22%

🤝 Other funds also bought this month

National Stock Exchange of India Ltd. 115 funds

Gland Pharma Limited 34 funds

Dr. Reddy's Laboratories Limited 33 funds

Aurobindo Pharma Limited 23 funds

👋 Other funds also exited

Max Healthcare Institute Limited 19 funds

What Changed in the Portfolio This Month?

Comparing Aug 2026 → Sep 2026

Aug 2026 → Sep 2026

🟢 4 New Entries 🔴 1 Exit ↑ 37 Increased ↓ 27 Decreased

#	Stock	Sector	Weight (Sep 2026)
1	Gland Pharma Limited ₹144.69 Cr	Pharmaceuticals & Biotechnology	0.48%
2	Aurobindo Pharma Limited ₹74.01 Cr	Pharmaceuticals & Biotechnology	0.24%
3	National Stock Exchange of India Ltd. ₹64.32 Cr	Capital Markets	0.21%
4	Dr. Reddy's Laboratories Limited ₹19.97 Cr	Pharmaceuticals & Biotechnology	0.07%

#	Stock	Sector	Last Weight (Aug 2026)
1	Max Healthcare Institute Limited ₹190.96 Cr	Healthcare Services	0.58%

#	Stock	Sector	Aug 2026	Sep 2026	Change
1	HDFC Bank Limited ₹1,842.78 Cr	Banks	5.55%	6.09%	+0.54%
2	Kotak Mahindra Bank Limited ₹746.54 Cr	Banks	2.10%	2.47%	+0.37%
3	Indo-MIM Limited ₹257.99 Cr	Industrial Manufacturing	0.55%	0.85%	+0.30%
4	Bharti Airtel Limited ₹1,348.01 Cr	Telecom - Services	4.26%	4.45%	+0.19%
5	Krishna Institute Of Medical Sciences Limited ₹211.64 Cr	Healthcare Services	0.52%	0.70%	+0.18%
6	HCL Technologies Limited ₹247.38 Cr	IT - Software	0.67%	0.82%	+0.15%
7	Marico Limited ₹205.46 Cr	Agricultural Food & other Products	0.53%	0.68%	+0.15%
8	Sona BLW Precision Forgings Limited ₹472.30 Cr	Auto Components	1.42%	1.56%	+0.14%
9	Eternal Limited ₹1,015.49 Cr	Retailing	3.24%	3.35%	+0.11%
10	The Indian Hotels Company Limited ₹510.89 Cr	Leisure Services	1.58%	1.69%	+0.11%
11	Axis Bank Limited ₹827.00 Cr	Banks	2.63%	2.73%	+0.10%
12	InterGlobe Aviation Limited ₹440.52 Cr	Transport Services	1.36%	1.46%	+0.10%
13	The Phoenix Mills Limited ₹320.25 Cr	Realty	0.96%	1.06%	+0.10%
14	JSW Infrastructure Ltd ₹241.30 Cr	Transport Infrastructure	0.70%	0.80%	+0.10%
15	Dhoot Transmission Ltd ₹99.80 Cr	Automobile and Auto Components	0.24%	0.33%	+0.09%
16	Reliance Industries Limited ₹527.54 Cr	Petroleum Products	1.66%	1.74%	+0.08%
17	UltraTech Cement Limited ₹713.62 Cr	Cement & Cement Products	2.28%	2.36%	+0.08%
18	Tata Steel Limited ₹280.17 Cr	Ferrous Metals	0.86%	0.93%	+0.07%
19	Tata Consumer Products Limited ₹152.14 Cr	Agricultural Food & other Products	0.43%	0.50%	+0.07%
20	Solar Industries India Limited ₹381.22 Cr	Chemicals & Petrochemicals	1.19%	1.26%	+0.07%
21	Apar Industries Limited ₹403.77 Cr	Electrical Equipment	1.26%	1.33%	+0.07%
22	PI Industries Limited ₹397.96 Cr	Fertilizers & Agrochemicals	1.25%	1.31%	+0.06%
23	Page Industries Limited ₹204.85 Cr	Textiles & Apparels	0.62%	0.68%	+0.06%
24	Divi's Laboratories Limited ₹830.24 Cr	Pharmaceuticals & Biotechnology	2.71%	2.74%	+0.03%
25	Sundaram Finance Limited ₹210.86 Cr	Finance	0.67%	0.70%	+0.03%
26	Navin Fluorine International Limited ₹343.26 Cr	Chemicals & Petrochemicals	1.10%	1.13%	+0.03%
27	Radico Khaitan Limited ₹195.21 Cr	Beverages	0.61%	0.64%	+0.03%
28	Anthem Biosciences Limited ₹250.92 Cr	Pharmaceuticals & Biotechnology	0.80%	0.83%	+0.03%
29	Rubicon Research Limited ₹146.46 Cr	Pharmaceuticals & Biotechnology	0.45%	0.48%	+0.03%
30	Shriram Pistons & Rings Limited ₹109.95 Cr	Auto Components	0.33%	0.36%	+0.03%
31	Persistent Systems Limited ₹195.50 Cr	IT - Software	0.63%	0.65%	+0.02%
32	Tenneco Clean Air India Limited ₹161.13 Cr	Auto Components	0.51%	0.53%	+0.02%
33	Cummins India Limited ₹323.28 Cr	Industrial Products	1.06%	1.07%	+0.01%
34	GE Vernova T&D India Limited ₹230.27 Cr	Electrical Equipment	0.75%	0.76%	+0.01%
35	Craftsman Automation Limited ₹201.78 Cr	Auto Components	0.66%	0.67%	+0.01%
36	Doms Industries Limited ₹143.93 Cr	Household Products	0.47%	0.48%	+0.01%
37	Billionbrains Garage Ventures Ltd ₹164.75 Cr	Capital Markets	0.53%	0.54%	+0.01%

#	Stock	Sector	Aug 2026	Sep 2026	Change
1	PB Fintech Limited ₹369.45 Cr	Financial Technology (Fintech)	1.99%	1.22%	-0.77%
2	Torrent Pharmaceuticals Limited ₹153.63 Cr	Pharmaceuticals & Biotechnology	1.00%	0.51%	-0.49%
3	Torrent Power Limited ₹117.74 Cr	Power	0.76%	0.39%	-0.37%
4	Mankind Pharma Limited ₹230.26 Cr	Pharmaceuticals & Biotechnology	1.03%	0.76%	-0.27%
5	Hindustan Unilever Limited ₹181.50 Cr	Diversified FMCG	0.84%	0.60%	-0.24%
6	TVS Motor Company Limited ₹311.24 Cr	Automobiles	1.25%	1.03%	-0.22%
7	Larsen & Toubro Limited ₹817.42 Cr	Construction	2.90%	2.70%	-0.20%
8	Pidilite Industries Limited ₹732.92 Cr	Chemicals & Petrochemicals	2.62%	2.42%	-0.20%
9	Tata Consultancy Services Limited ₹538.07 Cr	IT - Software	1.93%	1.78%	-0.15%
10	Mahindra & Mahindra Limited ₹733.16 Cr	Automobiles	2.57%	2.42%	-0.15%
11	Cholamandalam Investment and Finance Company Ltd ₹682.09 Cr	Finance	2.39%	2.25%	-0.14%
12	ICICI Bank Limited ₹2,085.43 Cr	Banks	7.02%	6.89%	-0.13%
13	The Federal Bank Limited ₹320.71 Cr	Banks	1.19%	1.06%	-0.13%
14	Ather Energy Limited ₹326.23 Cr	Automobiles	1.20%	1.08%	-0.12%
15	Infosys Limited ₹500.51 Cr	IT - Software	1.75%	1.65%	-0.10%
16	Karur Vysya Bank Limited ₹200.30 Cr	Banks	0.76%	0.66%	-0.10%
17	Fortis Healthcare Limited ₹260.00 Cr	Healthcare Services	0.94%	0.86%	-0.08%
18	Bajaj Finance Limited ₹1,015.10 Cr	Finance	3.42%	3.35%	-0.07%
19	State Bank of India ₹701.11 Cr	Banks	2.37%	2.32%	-0.05%
20	Titan Company Limited ₹567.62 Cr	Consumer Durables	1.93%	1.88%	-0.05%
21	CG Power and Industrial Solutions Limited ₹492.65 Cr	Electrical Equipment	1.68%	1.63%	-0.05%
22	Premier Energies Limited ₹122.36 Cr	Electrical Equipment	0.45%	0.40%	-0.05%
23	One 97 Communications Limited ₹336.30 Cr	Financial Technology (Fintech)	1.15%	1.11%	-0.04%
24	Tata Motors Ltd ₹381.48 Cr	Agricultural, Commercial & Construction Vehicles	1.30%	1.26%	-0.04%
25	Swiggy Limited ₹164.52 Cr	Retailing	0.57%	0.54%	-0.03%
26	Sun Pharmaceutical Industries Limited ₹486.84 Cr	Pharmaceuticals & Biotechnology	1.63%	1.61%	-0.02%
27	Vishal Mega Mart Limited ₹370.20 Cr	Retailing	1.24%	1.22%	-0.02%

What Stocks Does This Fund Hold?

71 stocks — Sep 2026

#	Stock	Sector	Weight & Value
1	ICICI Bank Limited ₹2,085.43 Cr	Banks	6.89%
2	HDFC Bank Limited ₹1,842.78 Cr	Banks	6.09%
3	Bharti Airtel Limited ₹1,348.01 Cr	Telecom - Services	4.45%
4	Eternal Limited ₹1,015.49 Cr	Retailing	3.35%
5	Bajaj Finance Limited ₹1,015.10 Cr	Finance	3.35%
6	Divi's Laboratories Limited ₹830.24 Cr	Pharmaceuticals & Biotechnology	2.74%
7	Axis Bank Limited ₹827.00 Cr	Banks	2.73%
8	Larsen & Toubro Limited ₹817.42 Cr	Construction	2.70%
9	Kotak Mahindra Bank Limited ₹746.54 Cr	Banks	2.47%
10	Pidilite Industries Limited ₹732.92 Cr	Chemicals & Petrochemicals	2.42%
11	Mahindra & Mahindra Limited ₹733.16 Cr	Automobiles	2.42%
12	UltraTech Cement Limited ₹713.62 Cr	Cement & Cement Products	2.36%
13	State Bank of India ₹701.11 Cr	Banks	2.32%
14	Cholamandalam Investment and Finance Company Ltd ₹682.09 Cr	Finance	2.25%
15	Titan Company Limited ₹567.62 Cr	Consumer Durables	1.88%
16	Tata Consultancy Services Limited ₹538.07 Cr	IT - Software	1.78%
17	Reliance Industries Limited ₹527.54 Cr	Petroleum Products	1.74%
18	The Indian Hotels Company Limited ₹510.89 Cr	Leisure Services	1.69%
19	Infosys Limited ₹500.51 Cr	IT - Software	1.65%
20	CG Power and Industrial Solutions Limited ₹492.65 Cr	Electrical Equipment	1.63%
21	Sun Pharmaceutical Industries Limited ₹486.84 Cr	Pharmaceuticals & Biotechnology	1.61%
22	Sona BLW Precision Forgings Limited ₹472.30 Cr	Auto Components	1.56%
23	InterGlobe Aviation Limited ₹440.52 Cr	Transport Services	1.46%
24	Apar Industries Limited ₹403.77 Cr	Electrical Equipment	1.33%
25	PI Industries Limited ₹397.96 Cr	Fertilizers & Agrochemicals	1.31%
26	Solar Industries India Limited ₹381.22 Cr	Chemicals & Petrochemicals	1.26%
27	Tata Motors Ltd ₹381.48 Cr	Agricultural, Commercial & Construction Vehicles	1.26%
28	Vishal Mega Mart Limited ₹370.20 Cr	Retailing	1.22%
29	PB Fintech Limited ₹369.45 Cr	Financial Technology (Fintech)	1.22%
30	Hyundai Motor India Ltd ₹343.55 Cr	Automobiles	1.14%
31	Navin Fluorine International Limited ₹343.26 Cr	Chemicals & Petrochemicals	1.13%
32	One 97 Communications Limited ₹336.30 Cr	Financial Technology (Fintech)	1.11%
33	Ather Energy Limited ₹326.23 Cr	Automobiles	1.08%
34	Cummins India Limited ₹323.28 Cr	Industrial Products	1.07%
35	The Federal Bank Limited ₹320.71 Cr	Banks	1.06%
36	The Phoenix Mills Limited ₹320.25 Cr	Realty	1.06%
37	TVS Motor Company Limited ₹311.24 Cr	Automobiles	1.03%
38	Tata Steel Limited ₹280.17 Cr	Ferrous Metals	0.93%
39	Fortis Healthcare Limited ₹260.00 Cr	Healthcare Services	0.86%
40	Indo-MIM Limited ₹257.99 Cr	Industrial Manufacturing	0.85%
41	Delhivery Limited ₹250.21 Cr	Transport Services	0.83%
42	Anthem Biosciences Limited ₹250.92 Cr	Pharmaceuticals & Biotechnology	0.83%
43	HCL Technologies Limited ₹247.38 Cr	IT - Software	0.82%
44	JSW Infrastructure Ltd ₹241.30 Cr	Transport Infrastructure	0.80%
45	Mankind Pharma Limited ₹230.26 Cr	Pharmaceuticals & Biotechnology	0.76%
46	GE Vernova T&D India Limited ₹230.27 Cr	Electrical Equipment	0.76%
47	Krishna Institute Of Medical Sciences Limited ₹211.64 Cr	Healthcare Services	0.70%
48	Sundaram Finance Limited ₹210.86 Cr	Finance	0.70%
49	Marico Limited ₹205.46 Cr	Agricultural Food & other Products	0.68%
50	Page Industries Limited ₹204.85 Cr	Textiles & Apparels	0.68%
51	Craftsman Automation Limited ₹201.78 Cr	Auto Components	0.67%
52	Karur Vysya Bank Limited ₹200.30 Cr	Banks	0.66%
53	Persistent Systems Limited ₹195.50 Cr	IT - Software	0.65%
54	Radico Khaitan Limited ₹195.21 Cr	Beverages	0.64%
55	Hindustan Unilever Limited ₹181.50 Cr	Diversified FMCG	0.60%
56	Coromandel International Limited ₹177.92 Cr	Fertilizers & Agrochemicals	0.59%
57	Swiggy Limited ₹164.52 Cr	Retailing	0.54%
58	Billionbrains Garage Ventures Ltd ₹164.75 Cr	Capital Markets	0.54%
59	Tenneco Clean Air India Limited ₹161.13 Cr	Auto Components	0.53%
60	Torrent Pharmaceuticals Limited ₹153.63 Cr	Pharmaceuticals & Biotechnology	0.51%
61	Tata Consumer Products Limited ₹152.14 Cr	Agricultural Food & other Products	0.50%
62	Doms Industries Limited ₹143.93 Cr	Household Products	0.48%
63	Rubicon Research Limited ₹146.46 Cr	Pharmaceuticals & Biotechnology	0.48%
64	Gland Pharma Limited ₹144.69 Cr	Pharmaceuticals & Biotechnology	0.48%
65	Premier Energies Limited ₹122.36 Cr	Electrical Equipment	0.40%
66	Torrent Power Limited ₹117.74 Cr	Power	0.39%
67	Shriram Pistons & Rings Limited ₹109.95 Cr	Auto Components	0.36%
68	Dhoot Transmission Ltd ₹99.80 Cr	Automobile and Auto Components	0.33%
69	Aurobindo Pharma Limited ₹74.01 Cr	Pharmaceuticals & Biotechnology	0.24%
70	National Stock Exchange of India Ltd. ₹64.32 Cr	Capital Markets	0.21%
71	Dr. Reddy's Laboratories Limited ₹19.97 Cr	Pharmaceuticals & Biotechnology	0.07%