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Groww ELSS Tax Saver Fund (formerly known as Indiabulls Tax Savings Fund)- Direct Plan- Growth Option

ELSS Data as of Sep 2026 Comparing Aug 2026 → Sep 2026
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Stocks Held
99
Sep 2026
Equity Holdings
₹47.58 Cr
Equity only, excl. debt & cash
AAUM
₹46.31 Cr
Jul-Sep 2026 · Direct + Regular
Top 5 Weight
23.9%
Diversified
Top 10 Weight
33.9%
Diversified
Changes
105
13 new · 9 exits
Top Sector
Banks
21.2% of portfolio
Launch Date
21 Sep 2017
9 years old

AAUM (Average Assets Under Management) of ₹46.31 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 Groww ELSS Tax Saver Fund (formerly known as Indiabulls Tax Savings Fund) made 13 new additions and exited 9 stocks this month. The biggest new buy was Aegis Logistics Limited (Gas) at 0.53% weight. PB Fintech Limited was the biggest exit (Financial Technology (Fintech)), which was held at 0.88%. Among existing holdings, HDFC Bank Limited saw the biggest increase — now at 6.77% of the portfolio. Ashok Leyland Limited was trimmed the most, now at 0.79%. HDFC Bank Limited remains the top holding with Banks the dominant sector at 21.2%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.
Sector Shift Industry allocation month-over-month
Jul 2026 → Aug 2026
Sector Prev Curr ▼ Delta
Banks 25.0% 22.2% ▼ -2.8%
Automobiles 7.6% 6.8% ▼ -0.8%
Pharmaceuticals & Biotechnology 4.5% 6.4% ▲ +1.9%
IT - Software 4.5% 6.3% ▲ +1.7%
Petroleum Products 5.2% 4.9% ▼ -0.3%
Finance 3.5% 4.6% ▲ +1.1%
Telecom - Services 4.8% 4.2% ▼ -0.6%
Construction 3.3% 2.9% ▼ -0.4%
Capital Markets 2.8% 2.7% ● -0.1%
Retailing 2.0% 2.6% ▲ +0.5%
Aug 2026 → Sep 2026
Sector Prev Curr ▼ Delta
Banks 22.2% 21.2% ▼ -1.0%
Pharmaceuticals & Biotechnology 6.4% 7.1% ▲ +0.7%
IT - Software 6.3% 6.1% ▼ -0.2%
Automobiles 6.8% 6.1% ▼ -0.7%
Finance 4.6% 5.0% ▲ +0.3%
Petroleum Products 4.9% 4.9% ● +0.1%
Telecom - Services 4.2% 4.0% ▼ -0.2%
Retailing 2.6% 3.7% ▲ +1.1%
Power 1.7% 3.3% ▲ +1.6%
Construction 2.9% 2.7% ▼ -0.2%
🟢
Biggest New Buy
Aegis Logistics Limited
0.53% weight · Gas
🔴
Biggest Exit
PB Fintech Limited
0.88% was held · Financial Technology (Fintech)
↑
Biggest Add
HDFC Bank Limited
+0.36% · now 6.77%
↓
Biggest Trim
Ashok Leyland Limited
-0.53% · now 0.79%
🤝 Other funds also bought this month
Apollo Hospitals Enterprise Limited 35 funds
Apollo Hospitals Enterprise Limited
Invesco India Pharma and Healthcare Fund
Mirae Asset Healthcare Fund Direct Growth
ITI Pharma and Healthcare Fund - Direct Plan - Growth Option + more
Sona BLW Precision Forgings Limited 30 funds
Sona BLW Precision Forgings Limited
Motilal Oswal BSE Midcap 150 Momentum 30 Index Fund
Mirae Asset BSE Midcap 150 Momentum 30 ETF
LIC MF Unit Linked Insurance Scheme + more
Lenskart Solutions Limited 23 funds
Lenskart Solutions Limited
Motilal Oswal Nifty MidSmall India Consumption Index Fund - Direct Plan- Growth
Motilal Oswal Quality Fund Direct Growth
Groww Nifty Non-Cyclical Consumer Index Fund - Direct Plan Growth + more
Craftsman Automation Limited 9 funds
Craftsman Automation Limited
ITI Value Fund - Direct Plan - Growth Option
SBI Balanced Hybrid Fund
ITI Small Cap Fund - Direct Plan - Growth Option + more
Adani Green Energy Limited 8 funds
Adani Green Energy Limited
Mirae Asset Nifty Energy ETF
Kotak Quant Fund - Direct Plan - Growth Option
Mirae Asset Nifty India Infrastructure & Logistics ETF + more
Adani Enterprises Limited 7 funds
Adani Enterprises Limited
Kotak Quant Fund - Direct Plan - Growth Option
WhiteOak Capital Special Opportunities Fund - Direct Growth
UTI BSE India Sector Leaders Index Fund + more
👋 Other funds also exited
United Spirits Limited 61 funds
United Spirits Limited
Edelweiss Consumption Fund - Direct - Growth
JM Aggressive Hybrid Fund
LIC MF Nifty Next 50 Index Fund-Direct Plan-Growth + more
Cummins India Limited 33 funds
Cummins India Limited
Motilal Oswal BSE Quality Index Fund
Tata BSE Quality Index Fund Direct plan Growth Option
Motilal Oswal BSE Quality ETF + more
Max Financial Services Limited 31 funds
Max Financial Services Limited
Bandhan Nifty Alpha Low Volatility 30 Index Fund
Bank of India Banking & Financial Services Fund - Direct Plan - Growth
JM Large & Mid Cap Fund (Direct) - Growth Option + more
Power Finance Corporation Limited 28 funds
Power Finance Corporation Limited
Mirae Asset Infrastructure Fund - Direct Plan - Growth
Mirae Asset Nifty 500 Value 50 ETF
Capitalmind Multi Asset Allocation Fund + more
PB Fintech Limited 26 funds
PB Fintech Limited
Motilal Oswal Financial Services Fund- Direct Growth
Bandhan Multi-Factor Fund - Direct Plan - Growth
Bank of India Banking & Financial Services Fund - Direct Plan - Growth + more
Varun Beverages Limited 17 funds
Varun Beverages Limited
Bandhan Multi-Factor Fund - Direct Plan - Growth
360 ONE Focused Fund-Direct Plan-Growth
360 ONE FLEXICAP FUND-DIRECT PLAN- GROWTH + more

What Changed in the Portfolio This Month?

Comparing Aug 2026 → Sep 2026

Aug 2026 → Sep 2026
🟢 13 New Entries 🔴 9 Exits ↑ 52 Increased ↓ 31 Decreased
#StockSectorWeight (Sep 2026)
1
Aegis Logistics Limited
₹25.55 L
Gas 0.53%
2
Syrma SGS Technology Limited
₹25.73 L
Industrial Manufacturing 0.53%
3
Lenskart Solutions Limited
₹25.70 L
Retailing 0.53%
4
Adani Enterprises Limited
₹23.43 L
Metals & Minerals Trading 0.49%
5
Sona BLW Precision Forgings Limited
₹23.48 L
Auto Components 0.49%
6
Vijaya Diagnostic Centre Limited
₹23.41 L
Healthcare Services 0.49%
7
Adani Green Energy Limited
₹22.34 L
Power 0.46%
8
Adani Energy Solutions Limited
₹21.02 L
Power 0.44%
9
Jain Resource Recycling Limited
₹19.70 L
Diversified Metals 0.41%
10
Apollo Hospitals Enterprise Limited
₹17.88 L
Healthcare Services 0.37%
#StockSectorLast Weight (Aug 2026)
1
PB Fintech Limited
₹45.60 L
Financial Technology (Fintech) 0.88%
2
NMDC Limited
₹38.32 L
Minerals & Mining 0.74%
3
ICICI Lombard General Insurance Company Limited
₹29.27 L
Insurance 0.57%
4
UPL Limited
₹29.18 L
Fertilizers & Agrochemicals 0.57%
5
Max Financial Services Limited
₹26.98 L
Insurance 0.52%
6
Power Finance Corporation Limited
₹25.83 L
Finance 0.50%
7
United Spirits Limited
₹18.94 L
Beverages 0.37%
8
Cummins India Limited
₹16.03 L
Industrial Products 0.31%
9
Varun Beverages Limited
₹13.40 L
Beverages 0.26%
#StockSectorAug 2026Sep 2026Change
1
HDFC Bank Limited
₹3.27 Cr
Banks 6.41% 6.77% +0.36%
2
Eternal Limited
₹68.19 L
Retailing 1.06% 1.41% +0.35%
3
Adani Power Limited
₹33.23 L
Power 0.35% 0.69% +0.34%
4
Solar Industries India Limited
₹33.29 L
Chemicals & Petrochemicals 0.37% 0.69% +0.32%
5
Divi's Laboratories Limited
₹42.00 L
Pharmaceuticals & Biotechnology 0.56% 0.87% +0.31%
6
Acutaas Chemicals Ltd
₹29.55 L
Pharmaceuticals & Biotechnology 0.30% 0.61% +0.31%
7
Tata Motors Ltd
₹32.99 L
Agricultural, Commercial & Construction Vehicles 0.42% 0.68% +0.26%
8
Trent Limited
₹31.62 L
Retailing 0.43% 0.66% +0.23%
9
Laurus Labs Limited
₹78.76 L
Pharmaceuticals & Biotechnology 1.40% 1.63% +0.23%
10
Adani Ports and Special Economic Zone Limited
₹58.98 L
Transport Infrastructure 1.00% 1.22% +0.22%
#StockSectorAug 2026Sep 2026Change
1
Ashok Leyland Limited
₹38.12 L
Agricultural, Commercial & Construction Vehicles 1.32% 0.79% -0.53%
2
Tata Consumer Products Limited
₹42.42 L
Agricultural Food & other Products 1.37% 0.88% -0.49%
3
Hero MotoCorp Limited
₹30.08 L
Automobiles 1.11% 0.62% -0.49%
4
Lupin Limited
₹31.79 L
Pharmaceuticals & Biotechnology 1.08% 0.66% -0.42%
5
The Federal Bank Limited
₹43.37 L
Banks 1.28% 0.90% -0.38%
6
Indus Towers Limited
₹21.90 L
Telecom - Services 0.81% 0.45% -0.36%
7
Maruti Suzuki India Limited
₹36.62 L
Automobiles 1.09% 0.76% -0.33%
8
Multi Commodity Exchange of India Limited
₹59.64 L
Capital Markets 1.57% 1.24% -0.33%
9
Suzlon Energy Limited
₹19.65 L
Electrical Equipment 0.73% 0.41% -0.32%
10
State Bank of India
₹1.10 Cr
Banks 2.57% 2.29% -0.28%

What Stocks Does This Fund Hold?

99 stocks — Sep 2026

# Stock Sector Cap Weight & Value
1
₹3.27 Cr
Banks
6.77%
2
₹2.88 Cr
Banks
5.98%
3
₹2.37 Cr
Petroleum Products
4.92%
4
₹1.70 Cr
Telecom - Services
3.52%
5
₹1.31 Cr
Construction
2.72%
6
₹1.10 Cr
Banks
2.29%
7
₹1.00 Cr
IT - Software
2.08%
8
₹95.49 L
Banks
1.98%
9
₹89.83 L
Banks
1.86%
10
₹86.07 L
Finance
1.78%
🏆 Top stocks held by ELSS funds
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🏦 Groww Mutual Fund — Portfolio & Holdings
See all funds managed by Groww Mutual Fund — conviction stocks, monthly entries & exits
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Disclaimer: Data sourced from individual AMC monthly portfolio disclosures, as mandated by SEBI/AMFI. While we strive for accuracy, errors in parsing or presentation may occasionally occur. This is not investment advice. Please consult a SEBI-registered investment adviser before making any investment decisions.

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