What stocks does HDFC ELSS Tax saver hold?

HDFC ELSS Tax saver holds a portfolio of Indian equity stocks disclosed monthly by HDFC 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 HDFC ELSS Tax saver?

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

What category is HDFC ELSS Tax saver?

HDFC ELSS Tax saver is classified as a ELSS mutual fund under SEBI's mutual fund categorisation framework.

How often is HDFC ELSS Tax saver portfolio data updated?

Portfolio holdings for HDFC ELSS Tax saver 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.

← HDFC Mutual Fund

HDFC ELSS Tax saver - Growth Option - Direct Plan

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

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Stocks Held

Sep 2026

Equity Holdings

₹14,842.01 Cr

Equity only, excl. debt & cash

AAUM

₹14,636.38 Cr

Jul-Sep 2026 · Direct + Regular

Top 5 Weight

32.9%

Moderate

Top 10 Weight

50.6%

Moderate

Changes

1 new · 2 exits

Top Sector

Banks

34.2% of portfolio

Launch Date

31 Mar 1996

10+ year track record

AAUM (Average Assets Under Management) of ₹14,636.38 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 HDFC ELSS Tax saver made 1 new addition and exited 2 stocks this month. The biggest new buy was Cummins India Limited (Industrial Products) at 0.68% weight. Medi Assist Healthcare Services Ltd was the biggest exit (Insurance), which was held at 0.04%. Among existing holdings, HDFC Bank Limited saw the biggest increase — now at 7.87% of the portfolio. PB Fintech Limited was trimmed the most, now at 0.84%. ICICI Bank Limited remains the top holding with Banks the dominant sector at 34.2%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.

How Has the NAV Performed?

1 year history · HDFC ELSS Tax saver - Growth Option - Direct Plan

-1.47%

-5.04%

-4.53%

-8.95%

Latest NAV

₹1,421.55

13 Oct 2026

52W High

₹1,595.05

-11% from High

52W Low

₹1,358.85

+5% from Low

Calendar Year Returns

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

2025

+10.9%

2024

+22.1%

2023

+34.0%

2022

+11.1%

2021

+36.1%

2020

+6.4%

2019

+4.4%

2018

-10.3%

2017

+39.6%

Rolling Returns

Performance across every possible investment start date.

1Y Rolling Avg

17.1%

+ve in 82% windows

83.9% / -37.4%

3Y Rolling Avg

16.0% p.a.

+ve in 90% windows

37.9% / -10.5%

5Y Rolling Avg

16.9% p.a.

+ve in 100% windows

34.7% / 7.2%

Crisis Period Behaviour

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

2024–25 Tariff

-14.2%

Rec: Jun 2025 (5 mo)

COVID-19 Crash

-37.8%

Rec: Nov 2020 (1yr)

2022 Rate Hike

-12.5%

Rec: Aug 2022 (7 mo)

2018 IL&FS

-12.9%

Rec: May 2019 (10 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)

0.54

Return per unit of risk. >1 is good.

Sortino Ratio (3Y)

0.77

Penalises downside volatility only.

Std Deviation (3Y)

12.4%

Lower = more consistent returns.

NAV Chart ₹1,421.55 13 Oct 2026

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

HDFC ELSS Tax saver - Growth Option - Direct Plan

Chart shows indexed performance (base = 100). Actual NAV: ₹1,421.55

Sector Shift Industry allocation month-over-month

Jul 2026 → Aug 2026

Sector	Prev	Curr ▼	Delta
Banks	33.0%	33.7%	▲ +0.8%
Automobiles	11.4%	11.3%	● -0.1%
IT - Software	6.7%	6.2%	▼ -0.6%
Insurance	5.8%	5.9%	▲ +0.1%
Telecom - Services	4.6%	4.3%	▼ -0.4%
Pharmaceuticals & Biotechnology	4.1%	4.2%	▲ +0.1%
Healthcare Services	4.0%	4.1%	● +0.0%
Ferrous Metals	3.2%	3.2%	● +0.0%
Petroleum Products	2.7%	2.7%	● 0.0%
Leisure Services	2.2%	2.6%	▲ +0.4%

Aug 2026 → Sep 2026

Sector	Prev	Curr ▼	Delta
Banks	33.7%	34.2%	▲ +0.5%
Automobiles	11.3%	10.9%	▼ -0.5%
IT - Software	6.2%	5.9%	▼ -0.3%
Insurance	5.9%	5.9%	● +0.0%
Telecom - Services	4.3%	4.5%	▲ +0.2%
Healthcare Services	4.1%	4.2%	▲ +0.1%
Pharmaceuticals & Biotechnology	4.2%	4.0%	▼ -0.2%
Ferrous Metals	3.2%	3.4%	▲ +0.2%
Petroleum Products	2.7%	2.6%	● 0.0%
Leisure Services	2.6%	2.6%	● +0.0%

🟢

Biggest New Buy

Cummins India Limited

0.68% weight · Industrial Products

🔴

Biggest Exit

Medi Assist Healthcare Services Ltd

0.04% was held · Insurance

↑

Biggest Add

HDFC Bank Limited

+0.51% · now 7.87%

↓

Biggest Trim

PB Fintech Limited

-0.51% · now 0.84%

🤝 Other funds also bought this month

Cummins India Limited 22 funds

👋 Other funds also exited

Escorts Kubota Limited 12 funds

Medi Assist Healthcare Services Ltd 1 fund

What Changed in the Portfolio This Month?

Comparing Aug 2026 → Sep 2026

Aug 2026 → Sep 2026

🟢 1 New Entry 🔴 2 Exits ↑ 26 Increased ↓ 27 Decreased

#	Stock	Sector	Weight (Sep 2026)
1	Cummins India Limited ₹102.34 Cr	Industrial Products	0.68%

#	Stock	Sector	Last Weight (Aug 2026)
1	Medi Assist Healthcare Services Ltd ₹7.01 Cr	Insurance	0.04%
2	Escorts Kubota Limited ₹5.16 Cr	Agricultural, Commercial & Construction Vehicles	0.03%

#	Stock	Sector	Aug 2026	Sep 2026	Change
1	HDFC Bank Limited ₹1,176.44 Cr	Banks	7.36%	7.87%	+0.51%
2	Kotak Mahindra Bank Limited ₹729.75 Cr	Banks	4.59%	4.88%	+0.29%
3	Bharti Airtel Limited ₹665.59 Cr	Telecom - Services	4.29%	4.45%	+0.16%
4	Dr. Lal Path Labs Limited ₹226.52 Cr	Healthcare Services	1.38%	1.52%	+0.14%
5	Tata Steel Limited ₹276.45 Cr	Ferrous Metals	1.73%	1.85%	+0.12%
6	Eternal Limited ₹360.00 Cr	Retailing	2.31%	2.41%	+0.10%
7	JSW Energy Limited ₹145.38 Cr	Power	0.87%	0.97%	+0.10%
8	Bharat Electronics Limited ₹84.00 Cr	Aerospace & Defense	0.47%	0.56%	+0.09%
9	ICICI Prudential Asset Management Company Limited ₹156.84 Cr	Capital Markets	0.96%	1.05%	+0.09%
10	ICICI Lombard General Insurance Company Limited ₹165.11 Cr	Insurance	1.02%	1.10%	+0.08%
11	Axis Bank Limited ₹980.80 Cr	Banks	6.50%	6.56%	+0.06%
12	Power Grid Corporation of India Limited ₹163.33 Cr	Power	1.03%	1.09%	+0.06%
13	360 One WAM Limited ₹118.50 Cr	Capital Markets	0.73%	0.79%	+0.06%
14	Westlife Development Ltd ₹87.97 Cr	Leisure Services	0.53%	0.59%	+0.06%
15	JSW Steel Limited ₹231.27 Cr	Ferrous Metals	1.51%	1.55%	+0.04%
16	Hindustan Aeronautics Limited ₹175.05 Cr	Aerospace & Defense	1.13%	1.17%	+0.04%
17	Alkem Laboratories Limited ₹180.72 Cr	Pharmaceuticals & Biotechnology	1.17%	1.21%	+0.04%
18	InterGlobe Aviation Limited ₹204.34 Cr	Transport Services	1.34%	1.37%	+0.03%
19	Cipla Limited ₹166.03 Cr	Pharmaceuticals & Biotechnology	1.09%	1.11%	+0.02%
20	Hindustan Unilever Limited ₹112.75 Cr	Diversified FMCG	0.74%	0.75%	+0.01%
21	HCL Technologies Limited ₹439.73 Cr	IT - Software	2.93%	2.94%	+0.01%
22	Bosch Limited ₹211.95 Cr	Auto Components	1.41%	1.42%	+0.01%
23	Life Insurance Corporation Of India ₹79.04 Cr	Insurance	0.52%	0.53%	+0.01%
24	The Ramco Cements Limited ₹67.64 Cr	Cement & Cement Products	0.44%	0.45%	+0.01%
25	Cohance Lifesciences Limited ₹63.27 Cr	Pharmaceuticals & Biotechnology	0.41%	0.42%	+0.01%
26	Birla Corporation Limited ₹84.01 Cr	Cement & Cement Products	0.55%	0.56%	+0.01%

#	Stock	Sector	Aug 2026	Sep 2026	Change
1	PB Fintech Limited ₹125.01 Cr	Financial Technology (Fintech)	1.35%	0.84%	-0.51%
2	ICICI Bank Limited ₹1,354.74 Cr	Banks	9.32%	9.06%	-0.26%
3	Maruti Suzuki India Limited ₹658.19 Cr	Automobiles	4.66%	4.40%	-0.26%
4	Infosys Limited ₹144.14 Cr	IT - Software	1.17%	0.96%	-0.21%
5	Anthem Biosciences Limited ₹11.14 Cr	Pharmaceuticals & Biotechnology	0.28%	0.07%	-0.21%
6	State Bank of India ₹671.65 Cr	Banks	4.64%	4.49%	-0.15%
7	Havells India Limited ₹108.89 Cr	Consumer Durables	0.83%	0.73%	-0.10%
8	Bajaj Auto Limited ₹280.31 Cr	Automobiles	1.96%	1.88%	-0.08%
9	Mphasis Limited ₹150.81 Cr	IT - Software	1.06%	1.01%	-0.05%
10	Eicher Motors Limited ₹128.70 Cr	Automobiles	0.90%	0.86%	-0.04%
11	SBI Life Insurance Company Limited ₹479.24 Cr	Insurance	3.25%	3.21%	-0.04%
12	Hyundai Motor India Ltd ₹406.20 Cr	Automobiles	2.76%	2.72%	-0.04%
13	Mahindra & Mahindra Limited ₹103.25 Cr	Automobiles	0.72%	0.69%	-0.03%
14	Apollo Hospitals Enterprise Limited ₹224.55 Cr	Healthcare Services	1.53%	1.50%	-0.03%
15	Britannia Industries Limited ₹253.23 Cr	Food Products	1.72%	1.69%	-0.03%
16	United Spirits Limited ₹153.76 Cr	Beverages	1.06%	1.03%	-0.03%
17	Reliance Industries Limited ₹394.68 Cr	Petroleum Products	2.66%	2.64%	-0.02%
18	Jubilant Foodworks Limited ₹180.97 Cr	Leisure Services	1.23%	1.21%	-0.02%
19	TeamLease Services Limited ₹46.70 Cr	Commercial Services & Supplies	0.33%	0.31%	-0.02%
20	Larsen & Toubro Limited ₹237.39 Cr	Construction	1.60%	1.59%	-0.01%
21	Lupin Limited ₹142.11 Cr	Pharmaceuticals & Biotechnology	0.96%	0.95%	-0.01%
22	Metropolis Healthcare Limited ₹173.34 Cr	Healthcare Services	1.17%	1.16%	-0.01%
23	Tata Motors Ltd ₹25.30 Cr	Agricultural, Commercial & Construction Vehicles	0.18%	0.17%	-0.01%
24	Rubicon Research Limited ₹35.97 Cr	Pharmaceuticals & Biotechnology	0.25%	0.24%	-0.01%
25	Bajaj Electricals Limited ₹17.32 Cr	Consumer Durables	0.13%	0.12%	-0.01%
26	Popular Vehicles and Services Limited ₹47.06 Cr	Automobiles	0.32%	0.31%	-0.01%
27	SBI Funds Management Limited ₹8.21 Cr	Capital Markets	0.06%	0.05%	-0.01%

What Stocks Does This Fund Hold?

61 stocks — Sep 2026

#	Stock	Sector	Weight & Value
1	ICICI Bank Limited ₹1,354.74 Cr	Banks	9.06%
2	HDFC Bank Limited ₹1,176.44 Cr	Banks	7.87%
3	Axis Bank Limited ₹980.80 Cr	Banks	6.56%
4	Kotak Mahindra Bank Limited ₹729.75 Cr	Banks	4.88%
5	State Bank of India ₹671.65 Cr	Banks	4.49%
6	Bharti Airtel Limited ₹665.59 Cr	Telecom - Services	4.45%
7	Maruti Suzuki India Limited ₹658.19 Cr	Automobiles	4.40%
8	SBI Life Insurance Company Limited ₹479.24 Cr	Insurance	3.21%
9	HCL Technologies Limited ₹439.73 Cr	IT - Software	2.94%
10	Hyundai Motor India Ltd ₹406.20 Cr	Automobiles	2.72%
11	Reliance Industries Limited ₹394.68 Cr	Petroleum Products	2.64%
12	Eternal Limited ₹360.00 Cr	Retailing	2.41%
13	Bajaj Auto Limited ₹280.31 Cr	Automobiles	1.88%
14	Tata Steel Limited ₹276.45 Cr	Ferrous Metals	1.85%
15	Britannia Industries Limited ₹253.23 Cr	Food Products	1.69%
16	Larsen & Toubro Limited ₹237.39 Cr	Construction	1.59%
17	JSW Steel Limited ₹231.27 Cr	Ferrous Metals	1.55%
18	Dr. Lal Path Labs Limited ₹226.52 Cr	Healthcare Services	1.52%
19	Apollo Hospitals Enterprise Limited ₹224.55 Cr	Healthcare Services	1.50%
20	Bosch Limited ₹211.95 Cr	Auto Components	1.42%
21	InterGlobe Aviation Limited ₹204.34 Cr	Transport Services	1.37%
22	Karur Vysya Bank Limited ₹194.88 Cr	Banks	1.30%
23	Jubilant Foodworks Limited ₹180.97 Cr	Leisure Services	1.21%
24	Alkem Laboratories Limited ₹180.72 Cr	Pharmaceuticals & Biotechnology	1.21%
25	Hindustan Aeronautics Limited ₹175.05 Cr	Aerospace & Defense	1.17%
26	Metropolis Healthcare Limited ₹173.34 Cr	Healthcare Services	1.16%
27	Cipla Limited ₹166.03 Cr	Pharmaceuticals & Biotechnology	1.11%
28	ICICI Lombard General Insurance Company Limited ₹165.11 Cr	Insurance	1.10%
29	Power Grid Corporation of India Limited ₹163.33 Cr	Power	1.09%
30	Star Health And Allied Insurance Company Limited ₹160.40 Cr	Insurance	1.07%
31	ICICI Prudential Asset Management Company Limited ₹156.84 Cr	Capital Markets	1.05%
32	United Spirits Limited ₹153.76 Cr	Beverages	1.03%
33	Tech Mahindra Limited ₹152.40 Cr	IT - Software	1.02%
34	Mphasis Limited ₹150.81 Cr	IT - Software	1.01%
35	JSW Energy Limited ₹145.38 Cr	Power	0.97%
36	Infosys Limited ₹144.14 Cr	IT - Software	0.96%
37	Lupin Limited ₹142.11 Cr	Pharmaceuticals & Biotechnology	0.95%
38	Eicher Motors Limited ₹128.70 Cr	Automobiles	0.86%
39	PB Fintech Limited ₹125.01 Cr	Financial Technology (Fintech)	0.84%
40	Chalet Hotels Limited ₹120.99 Cr	Leisure Services	0.81%
41	360 One WAM Limited ₹118.50 Cr	Capital Markets	0.79%
42	Hindustan Unilever Limited ₹112.75 Cr	Diversified FMCG	0.75%
43	Godrej Consumer Products Limited ₹110.98 Cr	Personal Products	0.74%
44	Havells India Limited ₹108.89 Cr	Consumer Durables	0.73%
45	Mahindra & Mahindra Limited ₹103.25 Cr	Automobiles	0.69%
46	Cummins India Limited ₹102.34 Cr	Industrial Products	0.68%
47	Westlife Development Ltd ₹87.97 Cr	Leisure Services	0.59%
48	Birla Corporation Limited ₹84.01 Cr	Cement & Cement Products	0.56%
49	Bharat Electronics Limited ₹84.00 Cr	Aerospace & Defense	0.56%
50	Life Insurance Corporation Of India ₹79.04 Cr	Insurance	0.53%
51	The Ramco Cements Limited ₹67.64 Cr	Cement & Cement Products	0.45%
52	Cyient Limited ₹65.92 Cr	IT - Services	0.44%
53	Cohance Lifesciences Limited ₹63.27 Cr	Pharmaceuticals & Biotechnology	0.42%
54	TeamLease Services Limited ₹46.70 Cr	Commercial Services & Supplies	0.31%
55	Popular Vehicles and Services Limited ₹47.06 Cr	Automobiles	0.31%
56	Rubicon Research Limited ₹35.97 Cr	Pharmaceuticals & Biotechnology	0.24%
57	Tata Motors Ltd ₹25.30 Cr	Agricultural, Commercial & Construction Vehicles	0.17%
58	JK Lakshmi Cement Limited ₹18.76 Cr	Cement & Cement Products	0.13%
59	Bajaj Electricals Limited ₹17.32 Cr	Consumer Durables	0.12%
60	Anthem Biosciences Limited ₹11.14 Cr	Pharmaceuticals & Biotechnology	0.07%
61	SBI Funds Management Limited ₹8.21 Cr	Capital Markets	0.05%