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 Apr 2026 Comparing Mar 2026 → Apr 2026

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Stocks Held

Apr 2026

Equity Holdings

₹30,794.69 Cr

Equity only, excl. debt & cash

Top 5 Weight

24.3%

Diversified

Top 10 Weight

38.8%

Diversified

Changes

6 new · 4 exits

Top Sector

Banks

21.1% of portfolio

📋 What Happened This Month Axis ELSS Tax Saver Fund made 6 new additions and exited 4 stocks this month. The biggest new buy was Hindalco Industries Limited (Non - Ferrous Metals) at 0.87% weight. Blue Star Limited was the biggest exit (Consumer Durables), which was held at 0.48%. Among existing holdings, Oil & Natural Gas Corporation Limited saw the biggest increase — now at 0.79% of the portfolio. Shriram Finance Limited was trimmed the most, now at 0.49%. ICICI Bank Limited remains the top holding with Banks the dominant sector at 21.1%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.

NAV Performance

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

-3.44%

-1.67%

-6.75%

-3.64%

Latest NAV

₹103.64

04 Jun 2026

52W High

₹112.41

-8% from High

52W Low

₹94.95

+9% 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

15.4%

+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)

0.41

Return per unit of risk. >1 is good.

Sortino Ratio (3Y)

0.59

Penalises downside volatility only.

Std Deviation (3Y)

13.1%

Lower = more consistent returns.

NAV Chart ₹103.64 04 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: ₹103.64

Sector Shift Industry allocation month-over-month

Feb 2026 → Mar 2026

Sector	Prev	Curr ▼	Delta
Banks	22.4%	21.2%	▼ -1.3%
Finance	7.9%	6.8%	▼ -1.1%
Pharmaceuticals & Biotechnology	5.8%	6.5%	▲ +0.7%
IT - Software	5.7%	6.2%	▲ +0.6%
Automobiles	5.2%	5.1%	▼ -0.2%
Electrical Equipment	4.6%	4.4%	▼ -0.2%
Retailing	4.4%	4.4%	● +0.0%
Telecom - Services	3.7%	4.3%	▲ +0.6%
Chemicals & Petrochemicals	3.6%	3.9%	▲ +0.3%
Petroleum Products	2.8%	3.3%	▲ +0.5%

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%

🟢

Biggest New Buy

Hindalco Industries Limited

0.87% weight · Non - Ferrous Metals

🔴

Biggest Exit

Blue Star Limited

0.48% was held · Consumer Durables

↑

Biggest Add

Oil & Natural Gas Corporation Limited

+0.48% · now 0.79%

↓

Biggest Trim

Shriram Finance Limited

-0.67% · now 0.49%

🤝 Other funds also bought this month

Hindalco Industries Limited 46 funds

HDFC Asset Management Company Limited 44 funds

DLF Limited 41 funds

Cipla Limited 40 funds

Page Industries Limited 27 funds

Kaynes Technology India Limited 17 funds

👋 Other funds also exited

Dixon Technologies (India) Limited 27 funds

ICICI Prudential Asset Management Company Limited 21 funds

Blue Star Limited 16 funds

Jindal Steel Limited 13 funds

What Changed?

Comparing Mar 2026 → Apr 2026

Mar 2026 → Apr 2026

🟢 6 New Entries 🔴 4 Exits ↑ 39 Increased ↓ 29 Decreased

#	Stock	Sector	Weight (Apr 2026)
1	Hindalco Industries Limited ₹274.90 Cr	Non - Ferrous Metals	0.87%
2	HDFC Asset Management Company Limited ₹210.25 Cr	Capital Markets	0.67%
3	DLF Limited ₹104.73 Cr	Realty	0.33%
4	Cipla Limited ₹102.64 Cr	Pharmaceuticals & Biotechnology	0.33%
5	Page Industries Limited ₹75.13 Cr	Textiles & Apparels	0.24%
6	Kaynes Technology India Limited ₹66.49 Cr	Industrial Manufacturing	0.21%

#	Stock	Sector	Last Weight (Mar 2026)
1	Blue Star Limited ₹138.99 Cr	Consumer Durables	0.48%
2	Dixon Technologies (India) Limited ₹79.44 Cr	Consumer Durables	0.27%
3	ICICI Prudential Asset Management Company Limited ₹68.83 Cr	Capital Markets	0.24%
4	Jindal Steel Limited ₹50.21 Cr	Ferrous Metals	0.17%

#	Stock	Sector	Mar 2026	Apr 2026	Change
1	Oil & Natural Gas Corporation Limited ₹249.48 Cr	Oil	0.31%	0.79%	+0.48%
2	State Bank of India ₹1,004.24 Cr	Banks	2.78%	3.18%	+0.40%
3	Bajaj Finance Limited ₹1,164.88 Cr	Finance	3.33%	3.69%	+0.36%
4	Cholamandalam Investment and Finance Company Ltd ₹687.54 Cr	Finance	1.84%	2.18%	+0.34%
5	PB Fintech Limited ₹337.75 Cr	Financial Technology (Fintech)	0.80%	1.07%	+0.27%
6	Reliance Industries Limited ₹1,133.17 Cr	Petroleum Products	3.34%	3.59%	+0.25%
7	Larsen & Toubro Limited ₹940.70 Cr	Construction	2.73%	2.98%	+0.25%
8	CG Power and Industrial Solutions Limited ₹623.17 Cr	Electrical Equipment	1.73%	1.97%	+0.24%
9	Eternal Limited ₹809.14 Cr	Retailing	2.38%	2.56%	+0.18%
10	Bharat Heavy Electricals Limited ₹213.77 Cr	Electrical Equipment	0.51%	0.68%	+0.17%
11	Sona BLW Precision Forgings Limited ₹338.56 Cr	Auto Components	0.92%	1.07%	+0.15%
12	Solar Industries India Limited ₹281.53 Cr	Chemicals & Petrochemicals	0.74%	0.89%	+0.15%
13	Tata Steel Limited ₹374.86 Cr	Ferrous Metals	1.07%	1.19%	+0.12%
14	Apar Industries Limited ₹292.80 Cr	Electrical Equipment	0.81%	0.93%	+0.12%
15	The Phoenix Mills Limited ₹149.48 Cr	Realty	0.35%	0.47%	+0.12%
16	Hindustan Unilever Limited ₹356.19 Cr	Diversified FMCG	1.02%	1.13%	+0.11%
17	InterGlobe Aviation Limited ₹402.63 Cr	Transport Services	1.18%	1.28%	+0.10%
18	Sun Pharmaceutical Industries Limited ₹475.65 Cr	Pharmaceuticals & Biotechnology	1.42%	1.51%	+0.09%
19	Tenneco Clean Air India Limited ₹157.77 Cr	Auto Components	0.41%	0.50%	+0.09%
20	Cummins India Limited ₹357.68 Cr	Industrial Products	1.05%	1.13%	+0.08%
21	Trent Limited ₹172.82 Cr	Retailing	0.47%	0.55%	+0.08%
22	Vishal Mega Mart Limited ₹339.32 Cr	Retailing	1.00%	1.07%	+0.07%
23	GE Vernova T&D India Limited ₹289.67 Cr	Electrical Equipment	0.85%	0.92%	+0.07%
24	Pidilite Industries Limited ₹755.14 Cr	Chemicals & Petrochemicals	2.33%	2.39%	+0.06%
25	PI Industries Limited ₹526.28 Cr	Fertilizers & Agrochemicals	1.61%	1.67%	+0.06%
26	Varun Beverages Limited ₹242.59 Cr	Beverages	0.71%	0.77%	+0.06%
27	Delhivery Limited ₹197.37 Cr	Transport Services	0.57%	0.63%	+0.06%
28	Tech Mahindra Limited ₹144.26 Cr	IT - Software	0.40%	0.46%	+0.06%
29	TVS Motor Company Limited ₹310.03 Cr	Automobiles	0.93%	0.98%	+0.05%
30	Fortis Healthcare Limited ₹240.60 Cr	Healthcare Services	0.71%	0.76%	+0.05%
31	Anthem Biosciences Limited ₹190.06 Cr	Pharmaceuticals & Biotechnology	0.55%	0.60%	+0.05%
32	Prestige Estates Projects Limited ₹133.51 Cr	Realty	0.37%	0.42%	+0.05%
33	Avenue Supermarts Limited ₹182.06 Cr	Retailing	0.54%	0.58%	+0.04%
34	Titan Company Limited ₹449.51 Cr	Consumer Durables	1.39%	1.42%	+0.03%
35	The Indian Hotels Company Limited ₹445.82 Cr	Leisure Services	1.38%	1.41%	+0.03%
36	Mankind Pharma Limited ₹312.98 Cr	Pharmaceuticals & Biotechnology	0.96%	0.99%	+0.03%
37	Axis Bank Limited ₹579.51 Cr	Banks	1.82%	1.84%	+0.02%
38	Navin Fluorine International Limited ₹257.09 Cr	Chemicals & Petrochemicals	0.80%	0.81%	+0.01%
39	Coromandel International Limited ₹132.83 Cr	Fertilizers & Agrochemicals	0.41%	0.42%	+0.01%

#	Stock	Sector	Mar 2026	Apr 2026	Change
1	Shriram Finance Limited ₹155.97 Cr	Finance	1.16%	0.49%	-0.67%
2	Infosys Limited ₹990.61 Cr	IT - Software	3.71%	3.14%	-0.57%
3	HDFC Life Insurance Company Limited ₹240.91 Cr	Insurance	1.15%	0.76%	-0.39%
4	Nestle India Limited ₹131.42 Cr	Food Products	0.78%	0.42%	-0.36%
5	Divi's Laboratories Limited ₹651.91 Cr	Pharmaceuticals & Biotechnology	2.34%	2.07%	-0.27%
6	ICICI Bank Limited ₹2,221.51 Cr	Banks	7.29%	7.04%	-0.25%
7	Tata Consultancy Services Limited ₹460.90 Cr	IT - Software	1.70%	1.46%	-0.24%
8	Apollo Hospitals Enterprise Limited ₹106.30 Cr	Healthcare Services	0.58%	0.34%	-0.24%
9	Torrent Power Limited ₹577.85 Cr	Power	2.02%	1.83%	-0.19%
10	Schaeffler India Limited ₹104.31 Cr	Auto Components	0.52%	0.33%	-0.19%
11	Torrent Pharmaceuticals Limited ₹117.06 Cr	Pharmaceuticals & Biotechnology	0.49%	0.37%	-0.12%
12	Tata Motors Ltd ₹221.92 Cr	Agricultural, Commercial & Construction Vehicles	0.81%	0.70%	-0.11%
13	HDFC Bank Limited ₹1,780.03 Cr	Banks	5.74%	5.64%	-0.10%
14	Mahindra & Mahindra Limited ₹829.87 Cr	Automobiles	2.72%	2.63%	-0.09%
15	Ather Energy Limited ₹127.25 Cr	Automobiles	0.49%	0.40%	-0.09%
16	Karur Vysya Bank Limited ₹220.29 Cr	Banks	0.78%	0.70%	-0.08%
17	ITC Limited ₹53.68 Cr	Diversified FMCG	0.25%	0.17%	-0.08%
18	JB Chemicals & Pharmaceuticals Limited ₹222.25 Cr	Pharmaceuticals & Biotechnology	0.77%	0.70%	-0.07%
19	Hyundai Motor India Ltd ₹275.61 Cr	Automobiles	0.93%	0.87%	-0.06%
20	The Federal Bank Limited ₹258.16 Cr	Banks	0.88%	0.82%	-0.06%
21	Max Healthcare Institute Limited ₹243.06 Cr	Healthcare Services	0.81%	0.77%	-0.04%
22	Premier Energies Limited ₹143.18 Cr	Electrical Equipment	0.49%	0.45%	-0.04%
23	Persistent Systems Limited ₹120.76 Cr	IT - Software	0.42%	0.38%	-0.04%
24	ICICI Lombard General Insurance Company Limited ₹166.49 Cr	Insurance	0.56%	0.53%	-0.03%
25	Sundaram Finance Limited ₹149.56 Cr	Finance	0.50%	0.47%	-0.03%
26	UltraTech Cement Limited ₹666.53 Cr	Cement & Cement Products	2.13%	2.11%	-0.02%
27	LG Electronics India Ltd ₹111.11 Cr	Consumer Durables	0.37%	0.35%	-0.02%
28	Jyoti CNC Automation Ltd ₹96.16 Cr	Industrial Manufacturing	0.32%	0.30%	-0.02%
29	UNO Minda Limited ₹133.34 Cr	Auto Components	0.43%	0.42%	-0.01%

Full Portfolio

77 stocks — Apr 2026

#	Stock	Sector	Weight & Value
1	ICICI Bank Limited ₹2,221.51 Cr	Banks	7.04%
2	HDFC Bank Limited ₹1,780.03 Cr	Banks	5.64%
3	Bharti Airtel Limited ₹1,363.07 Cr	Telecom - Services	4.32%
4	Bajaj Finance Limited ₹1,164.88 Cr	Finance	3.69%
5	Reliance Industries Limited ₹1,133.17 Cr	Petroleum Products	3.59%
6	State Bank of India ₹1,004.24 Cr	Banks	3.18%
7	Infosys Limited ₹990.61 Cr	IT - Software	3.14%
8	Larsen & Toubro Limited ₹940.70 Cr	Construction	2.98%
9	Mahindra & Mahindra Limited ₹829.87 Cr	Automobiles	2.63%
10	Eternal Limited ₹809.14 Cr	Retailing	2.56%
11	Pidilite Industries Limited ₹755.14 Cr	Chemicals & Petrochemicals	2.39%
12	Cholamandalam Investment and Finance Company Ltd ₹687.54 Cr	Finance	2.18%
13	UltraTech Cement Limited ₹666.53 Cr	Cement & Cement Products	2.11%
14	Divi's Laboratories Limited ₹651.91 Cr	Pharmaceuticals & Biotechnology	2.07%
15	CG Power and Industrial Solutions Limited ₹623.17 Cr	Electrical Equipment	1.97%
16	Kotak Mahindra Bank Limited ₹587.99 Cr	Banks	1.86%
17	Axis Bank Limited ₹579.51 Cr	Banks	1.84%
18	Torrent Power Limited ₹577.85 Cr	Power	1.83%
19	PI Industries Limited ₹526.28 Cr	Fertilizers & Agrochemicals	1.67%
20	Sun Pharmaceutical Industries Limited ₹475.65 Cr	Pharmaceuticals & Biotechnology	1.51%
21	Tata Consultancy Services Limited ₹460.90 Cr	IT - Software	1.46%
22	Titan Company Limited ₹449.51 Cr	Consumer Durables	1.42%
23	The Indian Hotels Company Limited ₹445.82 Cr	Leisure Services	1.41%
24	InterGlobe Aviation Limited ₹402.63 Cr	Transport Services	1.28%
25	Tata Steel Limited ₹374.86 Cr	Ferrous Metals	1.19%
26	Cummins India Limited ₹357.68 Cr	Industrial Products	1.13%
27	Hindustan Unilever Limited ₹356.19 Cr	Diversified FMCG	1.13%
28	Vishal Mega Mart Limited ₹339.32 Cr	Retailing	1.07%
29	Sona BLW Precision Forgings Limited ₹338.56 Cr	Auto Components	1.07%
30	PB Fintech Limited ₹337.75 Cr	Financial Technology (Fintech)	1.07%
31	Mankind Pharma Limited ₹312.98 Cr	Pharmaceuticals & Biotechnology	0.99%
32	TVS Motor Company Limited ₹310.03 Cr	Automobiles	0.98%
33	Apar Industries Limited ₹292.80 Cr	Electrical Equipment	0.93%
34	GE Vernova T&D India Limited ₹289.67 Cr	Electrical Equipment	0.92%
35	Solar Industries India Limited ₹281.53 Cr	Chemicals & Petrochemicals	0.89%
36	Hyundai Motor India Ltd ₹275.61 Cr	Automobiles	0.87%
37	Hindalco Industries Limited ₹274.90 Cr	Non - Ferrous Metals	0.87%
38	The Federal Bank Limited ₹258.16 Cr	Banks	0.82%
39	Navin Fluorine International Limited ₹257.09 Cr	Chemicals & Petrochemicals	0.81%
40	Oil & Natural Gas Corporation Limited ₹249.48 Cr	Oil	0.79%
41	Max Healthcare Institute Limited ₹243.06 Cr	Healthcare Services	0.77%
42	Varun Beverages Limited ₹242.59 Cr	Beverages	0.77%
43	HDFC Life Insurance Company Limited ₹240.91 Cr	Insurance	0.76%
44	Fortis Healthcare Limited ₹240.60 Cr	Healthcare Services	0.76%
45	JB Chemicals & Pharmaceuticals Limited ₹222.25 Cr	Pharmaceuticals & Biotechnology	0.70%
46	Tata Motors Ltd ₹221.92 Cr	Agricultural, Commercial & Construction Vehicles	0.70%
47	Karur Vysya Bank Limited ₹220.29 Cr	Banks	0.70%
48	Bharat Heavy Electricals Limited ₹213.77 Cr	Electrical Equipment	0.68%
49	HDFC Asset Management Company Limited ₹210.25 Cr	Capital Markets	0.67%
50	Delhivery Limited ₹197.37 Cr	Transport Services	0.63%
51	Anthem Biosciences Limited ₹190.06 Cr	Pharmaceuticals & Biotechnology	0.60%
52	Avenue Supermarts Limited ₹182.06 Cr	Retailing	0.58%
53	Power Grid Corporation of India Limited ₹179.07 Cr	Power	0.57%
54	Trent Limited ₹172.82 Cr	Retailing	0.55%
55	ICICI Lombard General Insurance Company Limited ₹166.49 Cr	Insurance	0.53%
56	Tenneco Clean Air India Limited ₹157.77 Cr	Auto Components	0.50%
57	Shriram Finance Limited ₹155.97 Cr	Finance	0.49%
58	The Phoenix Mills Limited ₹149.48 Cr	Realty	0.47%
59	Sundaram Finance Limited ₹149.56 Cr	Finance	0.47%
60	Tech Mahindra Limited ₹144.26 Cr	IT - Software	0.46%
61	Premier Energies Limited ₹143.18 Cr	Electrical Equipment	0.45%
62	Prestige Estates Projects Limited ₹133.51 Cr	Realty	0.42%
63	UNO Minda Limited ₹133.34 Cr	Auto Components	0.42%
64	Coromandel International Limited ₹132.83 Cr	Fertilizers & Agrochemicals	0.42%
65	Nestle India Limited ₹131.42 Cr	Food Products	0.42%
66	Ather Energy Limited ₹127.25 Cr	Automobiles	0.40%
67	Persistent Systems Limited ₹120.76 Cr	IT - Software	0.38%
68	Torrent Pharmaceuticals Limited ₹117.06 Cr	Pharmaceuticals & Biotechnology	0.37%
69	LG Electronics India Ltd ₹111.11 Cr	Consumer Durables	0.35%
70	Apollo Hospitals Enterprise Limited ₹106.30 Cr	Healthcare Services	0.34%
71	DLF Limited ₹104.73 Cr	Realty	0.33%
72	Schaeffler India Limited ₹104.31 Cr	Auto Components	0.33%
73	Cipla Limited ₹102.64 Cr	Pharmaceuticals & Biotechnology	0.33%
74	Jyoti CNC Automation Ltd ₹96.16 Cr	Industrial Manufacturing	0.30%
75	Page Industries Limited ₹75.13 Cr	Textiles & Apparels	0.24%
76	Kaynes Technology India Limited ₹66.49 Cr	Industrial Manufacturing	0.21%
77	ITC Limited ₹53.68 Cr	Diversified FMCG	0.17%