What stocks does HSBC ELSS Tax saver Fund hold?

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

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

What category is HSBC ELSS Tax saver Fund?

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

How often is HSBC ELSS Tax saver Fund portfolio data updated?

Portfolio holdings for HSBC 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.

← HSBC Mutual Fund

HSBC ELSS Tax saver Fund - Direct Growth

ELSS Data as of Jul 2026 Comparing Jun 2026 → Jul 2026

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Stocks Held

Jul 2026

Equity Holdings

₹4,048.60 Cr

Equity only, excl. debt & cash

AAUM

₹3,670.15 Cr

Apr-Jun 2026 · Direct + Regular

Top 5 Weight

16.6%

Diversified

Top 10 Weight

27.7%

Diversified

Changes

5 new · 1 exits

Top Sector

Banks

15.7% of portfolio

Launch Date

05 Jan 2006

10+ year track record

AAUM (Average Assets Under Management) of ₹3,670.15 Cr for Apr-Jun 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 HSBC ELSS Tax saver Fund made 5 new additions and exited 1 stock this month. The biggest new buy was Diamond Power Infrastructure Limited (Electrical Equipment) at 0.71% weight. Meghmani Finechem Limited was the biggest exit (Chemicals & Petrochemicals), which was held at 0.29%. Among existing holdings, Hero MotoCorp Limited saw the biggest increase — now at 0.96% of the portfolio. Thangamayil Jewellery Limited was trimmed the most, now at 1.96%. ICICI Bank Limited remains the top holding with Banks the dominant sector at 15.7%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.

How Has the NAV Performed?

1 year history · HSBC ELSS Tax saver Fund - Direct Growth

+3.29%

+6.05%

+7.47%

+9.83%

Latest NAV

₹158.40

25 Aug 2026

52W High

₹158.64

-0% from High

52W Low

₹123.50

+28% from Low

Calendar Year Returns

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

2025

+1.4%

2024

+34.0%

2023

+29.4%

Rolling Returns

Performance across every possible investment start date.

1Y Rolling Avg

21.7%

+ve in 94% windows

54.3% / -4.4%

3Y Rolling Avg

19.3% p.a.

+ve in 100% windows

22.3% / 15.7%

Crisis Period Behaviour

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

2024–25 Tariff

-19.2%

Rec: Jun 2026 (1yr 11mo)

COVID-19 Crash

Pre-inception

Rec: N/A

2022 Rate Hike

Pre-inception

Rec: N/A

2018 IL&FS

Pre-inception

Rec: N/A

Risk Ratios

3 years daily NAV · Risk-free rate 6.5% p.a. · CAGR, Sharpe Ratio & Standard Deviation — Mutual Fund Guide →

Sharpe Ratio (3Y)

0.71

Return per unit of risk. >1 is good.

Sortino Ratio (3Y)

0.98

Penalises downside volatility only.

Std Deviation (3Y)

16.4%

Lower = more consistent returns.

NAV Chart ₹158.40 25 Aug 2026

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

HSBC ELSS Tax saver Fund - Direct Growth

Chart shows indexed performance (base = 100). Actual NAV: ₹158.40

Sector Shift Industry allocation month-over-month

May 2026 → Jun 2026

Sector	Prev	Curr ▼	Delta
Banks	15.4%	15.9%	▲ +0.5%
Electrical Equipment	10.9%	10.8%	▼ -0.1%
Finance	6.5%	6.8%	▲ +0.3%
Consumer Durables	5.8%	6.5%	▲ +0.7%
IT - Software	7.6%	6.1%	▼ -1.5%
Auto Components	4.1%	4.4%	▲ +0.3%
Retailing	4.0%	4.4%	▲ +0.4%
Construction	3.6%	3.6%	● 0.0%
Pharmaceuticals & Biotechnology	3.2%	3.3%	● +0.1%
Automobiles	3.2%	3.1%	● -0.1%

Jun 2026 → Jul 2026

Sector	Prev	Curr ▼	Delta
Banks	15.9%	15.7%	▼ -0.3%
Electrical Equipment	10.8%	10.6%	▼ -0.2%
IT - Software	6.1%	6.9%	▲ +0.9%
Finance	6.8%	6.4%	▼ -0.4%
Consumer Durables	6.5%	5.8%	▼ -0.7%
Retailing	4.4%	4.6%	▲ +0.2%
Auto Components	4.4%	4.5%	▲ +0.1%
Automobiles	3.1%	4.0%	▲ +0.9%
Construction	3.6%	3.4%	▼ -0.2%
Pharmaceuticals & Biotechnology	3.3%	3.3%	● +0.1%

🟢

Biggest New Buy

Diamond Power Infrastructure Limited

0.71% weight · Electrical Equipment

🔴

Biggest Exit

Meghmani Finechem Limited

0.29% was held · Chemicals & Petrochemicals

↑

Biggest Add

Hero MotoCorp Limited

+0.40% · now 0.96%

↓

Biggest Trim

Thangamayil Jewellery Limited

-0.46% · now 1.96%

🤝 Other funds also bought this month

SBI Funds Management Limited 89 funds

GSPL Transmission Limited 53 funds

Manipal Health Enterprises Ltd 43 funds

Diamond Power Infrastructure Limited 38 funds

Juniper Green Energy Limited 17 funds

What Changed in the Portfolio This Month?

Comparing Jun 2026 → Jul 2026

Jun 2026 → Jul 2026

🟢 5 New Entries 🔴 1 Exit ↑ 37 Increased ↓ 37 Decreased

#	Stock	Sector	Weight (Jul 2026)
1	Diamond Power Infrastructure Limited ₹29.28 Cr	Electrical Equipment	0.71%
2	SBI Funds Management Limited ₹19.01 Cr	Capital Markets	0.46%
3	Manipal Health Enterprises Ltd ₹12.25 Cr	Healthcare Services	0.30%
4	Juniper Green Energy Limited ₹6.30 Cr	Power	0.15%
5	GSPL Transmission Limited ₹3.85 Cr	Gas	0.09%

#	Stock	Sector	Last Weight (Jun 2026)
1	Meghmani Finechem Limited ₹11.84 Cr	Chemicals & Petrochemicals	0.29%

#	Stock	Sector	Jun 2026	Jul 2026	Change
1	Hero MotoCorp Limited ₹39.48 Cr	Automobiles	0.56%	0.96%	+0.40%
2	TVS Motor Company Limited ₹78.71 Cr	Automobiles	1.55%	1.91%	+0.36%
3	Eternal Limited ₹95.27 Cr	Retailing	2.04%	2.32%	+0.28%
4	Karur Vysya Bank Limited ₹88.79 Cr	Banks	1.88%	2.16%	+0.28%
5	Persistent Systems Limited ₹49.91 Cr	IT - Software	0.95%	1.21%	+0.26%
6	Infosys Limited ₹80.97 Cr	IT - Software	1.76%	1.97%	+0.21%
7	Tech Mahindra Limited ₹44.42 Cr	IT - Software	0.93%	1.08%	+0.15%
8	LTIMindtree Limited ₹32.76 Cr	IT - Software	0.65%	0.80%	+0.15%
9	ICICI Bank Limited ₹165.86 Cr	Banks	3.89%	4.03%	+0.14%
10	Bharti Airtel Limited ₹92.09 Cr	Telecom - Services	2.12%	2.24%	+0.12%
11	Swiggy Limited ₹29.42 Cr	Retailing	0.61%	0.72%	+0.11%
12	Exide Industries Limited ₹33.47 Cr	Auto Components	0.71%	0.81%	+0.10%
13	Coforge Limited ₹30.46 Cr	IT - Software	0.64%	0.74%	+0.10%
14	Kaynes Technology India Limited ₹22.89 Cr	Industrial Manufacturing	0.46%	0.56%	+0.10%
15	Sun Pharmaceutical Industries Limited ₹63.21 Cr	Pharmaceuticals & Biotechnology	1.45%	1.54%	+0.09%
16	Mahindra & Mahindra Limited ₹45.03 Cr	Automobiles	1.00%	1.09%	+0.09%
17	Pine Labs Limited ₹46.50 Cr	Financial Technology (Fintech)	1.05%	1.13%	+0.08%
18	Godrej Properties Limited ₹30.53 Cr	Realty	0.66%	0.74%	+0.08%
19	Zensar Technologies Limited ₹18.74 Cr	IT - Software	0.38%	0.46%	+0.08%
20	Balrampur Chini Mills Limited ₹57.88 Cr	Agricultural Food & other Products	1.34%	1.41%	+0.07%
21	Century Plyboards (India) Limited ₹30.98 Cr	Consumer Durables	0.69%	0.75%	+0.06%
22	Jindal Steel Limited ₹71.30 Cr	Ferrous Metals	1.68%	1.73%	+0.05%
23	Craftsman Automation Limited ₹56.70 Cr	Auto Components	1.33%	1.38%	+0.05%
24	UltraTech Cement Limited ₹46.90 Cr	Cement & Cement Products	1.09%	1.14%	+0.05%
25	UNO Minda Limited ₹28.00 Cr	Auto Components	0.63%	0.68%	+0.05%
26	Pearl Global Industries Limited ₹89.42 Cr	Textiles & Apparels	2.14%	2.17%	+0.03%
27	Cholamandalam Investment and Finance Company Ltd ₹55.63 Cr	Finance	1.32%	1.35%	+0.03%
28	The Indian Hotels Company Limited ₹52.04 Cr	Leisure Services	1.23%	1.26%	+0.03%
29	Oil & Natural Gas Corporation Limited ₹30.45 Cr	Oil	0.72%	0.74%	+0.02%
30	Hindustan Aeronautics Limited ₹21.87 Cr	Aerospace & Defense	0.51%	0.53%	+0.02%
31	Siemens Limited ₹18.80 Cr	Electrical Equipment	0.44%	0.46%	+0.02%
32	Reliance Industries Limited ₹124.48 Cr	Petroleum Products	3.02%	3.03%	+0.01%
33	PNB Housing Finance Limited ₹76.06 Cr	Finance	1.84%	1.85%	+0.01%
34	Indian Bank ₹51.21 Cr	Banks	1.23%	1.24%	+0.01%
35	RBL Bank Limited ₹47.32 Cr	Banks	1.14%	1.15%	+0.01%
36	Blue Star Limited ₹26.94 Cr	Consumer Durables	0.64%	0.65%	+0.01%
37	ABB India Limited ₹17.30 Cr	Electrical Equipment	0.41%	0.42%	+0.01%

#	Stock	Sector	Jun 2026	Jul 2026	Change
1	Thangamayil Jewellery Limited ₹80.59 Cr	Consumer Durables	2.42%	1.96%	-0.46%
2	Power Finance Corporation Limited ₹21.03 Cr	Finance	0.96%	0.51%	-0.45%
3	GE Vernova T&D India Limited ₹90.79 Cr	Electrical Equipment	2.54%	2.21%	-0.33%
4	Avalon Technologies Limited ₹141.07 Cr	Electrical Equipment	3.75%	3.43%	-0.32%
5	Vinati Organics Limited ₹19.41 Cr	Chemicals & Petrochemicals	0.77%	0.47%	-0.30%
6	Amber Enterprises India Limited ₹59.74 Cr	Consumer Durables	1.72%	1.45%	-0.27%
7	HDFC Bank Limited ₹139.92 Cr	Banks	3.66%	3.40%	-0.26%
8	State Bank of India ₹77.80 Cr	Banks	2.15%	1.89%	-0.26%
9	Axis Bank Limited ₹73.38 Cr	Banks	1.97%	1.78%	-0.19%
10	Larsen & Toubro Limited ₹91.79 Cr	Construction	2.37%	2.23%	-0.14%
11	Triveni Turbine Limited ₹32.09 Cr	Electrical Equipment	0.90%	0.78%	-0.12%
12	Gujarat Gas Limited ₹23.49 Cr	Gas	0.69%	0.57%	-0.12%
13	Trent Limited ₹46.10 Cr	Retailing	1.23%	1.12%	-0.11%
14	CG Power and Industrial Solutions Limited ₹40.42 Cr	Electrical Equipment	1.09%	0.98%	-0.11%
15	Engineers India Limited ₹47.24 Cr	Construction	1.25%	1.15%	-0.10%
16	KPIT Technologies Limited ₹26.82 Cr	IT - Software	0.74%	0.65%	-0.09%
17	Polycab India Limited ₹32.00 Cr	Industrial Products	0.86%	0.78%	-0.08%
18	JSW Energy Limited ₹42.96 Cr	Power	1.11%	1.04%	-0.07%
19	Schaeffler India Limited ₹68.68 Cr	Auto Components	1.73%	1.67%	-0.06%
20	Max Healthcare Institute Limited ₹67.57 Cr	Healthcare Services	1.70%	1.64%	-0.06%
21	Lemon Tree Hotels Limited ₹35.63 Cr	Leisure Services	0.93%	0.87%	-0.06%
22	ICICI Prudential Asset Management Company Limited ₹34.46 Cr	Capital Markets	0.90%	0.84%	-0.06%
23	Bharat Electronics Limited ₹34.30 Cr	Aerospace & Defense	0.89%	0.83%	-0.06%
24	Syngene International Limited ₹15.40 Cr	Healthcare Services	0.43%	0.37%	-0.06%
25	KEI Industries Limited ₹22.99 Cr	Industrial Products	0.61%	0.56%	-0.05%
26	Vishal Mega Mart Limited ₹18.27 Cr	Retailing	0.49%	0.44%	-0.05%
27	Bharat Heavy Electricals Limited ₹67.02 Cr	Electrical Equipment	1.67%	1.63%	-0.04%
28	NTPC Limited ₹43.91 Cr	Power	1.11%	1.07%	-0.04%
29	Jindal Saw Limited ₹48.52 Cr	Industrial Products	1.21%	1.18%	-0.03%
30	Safari Industries India Ltd ₹42.49 Cr	Consumer Durables	1.06%	1.03%	-0.03%
31	Mankind Pharma Limited ₹28.45 Cr	Pharmaceuticals & Biotechnology	0.72%	0.69%	-0.03%
32	BIKAJI FOODS INTERNATIONAL LIMITED ₹38.39 Cr	Food Products	0.95%	0.93%	-0.02%
33	Doms Industries Limited ₹24.63 Cr	Household Products	0.62%	0.60%	-0.02%
34	Shriram Finance Limited ₹109.51 Cr	Finance	2.67%	2.66%	-0.01%
35	Nippon Life India Asset Management Limited ₹55.09 Cr	Capital Markets	1.35%	1.34%	-0.01%
36	Lupin Limited ₹44.97 Cr	Pharmaceuticals & Biotechnology	1.10%	1.09%	-0.01%
37	Sobha Limited ₹27.17 Cr	Realty	0.67%	0.66%	-0.01%

What Stocks Does This Fund Hold?

81 stocks — Jul 2026

#	Stock	Sector	Weight & Value
1	ICICI Bank Limited ₹165.86 Cr	Banks	4.03%
2	Avalon Technologies Limited ₹141.07 Cr	Electrical Equipment	3.43%
3	HDFC Bank Limited ₹139.92 Cr	Banks	3.40%
4	Reliance Industries Limited ₹124.48 Cr	Petroleum Products	3.03%
5	Shriram Finance Limited ₹109.51 Cr	Finance	2.66%
6	Eternal Limited ₹95.27 Cr	Retailing	2.32%
7	Bharti Airtel Limited ₹92.09 Cr	Telecom - Services	2.24%
8	Larsen & Toubro Limited ₹91.79 Cr	Construction	2.23%
9	GE Vernova T&D India Limited ₹90.79 Cr	Electrical Equipment	2.21%
10	Pearl Global Industries Limited ₹89.42 Cr	Textiles & Apparels	2.17%
11	Karur Vysya Bank Limited ₹88.79 Cr	Banks	2.16%
12	Infosys Limited ₹80.97 Cr	IT - Software	1.97%
13	Thangamayil Jewellery Limited ₹80.59 Cr	Consumer Durables	1.96%
14	TVS Motor Company Limited ₹78.71 Cr	Automobiles	1.91%
15	State Bank of India ₹77.80 Cr	Banks	1.89%
16	PNB Housing Finance Limited ₹76.06 Cr	Finance	1.85%
17	Axis Bank Limited ₹73.38 Cr	Banks	1.78%
18	Jindal Steel Limited ₹71.30 Cr	Ferrous Metals	1.73%
19	Schaeffler India Limited ₹68.68 Cr	Auto Components	1.67%
20	Max Healthcare Institute Limited ₹67.57 Cr	Healthcare Services	1.64%
21	Bharat Heavy Electricals Limited ₹67.02 Cr	Electrical Equipment	1.63%
22	Sun Pharmaceutical Industries Limited ₹63.21 Cr	Pharmaceuticals & Biotechnology	1.54%
23	Amber Enterprises India Limited ₹59.74 Cr	Consumer Durables	1.45%
24	Balrampur Chini Mills Limited ₹57.88 Cr	Agricultural Food & other Products	1.41%
25	Craftsman Automation Limited ₹56.70 Cr	Auto Components	1.38%
26	Cholamandalam Investment and Finance Company Ltd ₹55.63 Cr	Finance	1.35%
27	Nippon Life India Asset Management Limited ₹55.09 Cr	Capital Markets	1.34%
28	The Indian Hotels Company Limited ₹52.04 Cr	Leisure Services	1.26%
29	Indian Bank ₹51.21 Cr	Banks	1.24%
30	Persistent Systems Limited ₹49.91 Cr	IT - Software	1.21%
31	Jindal Saw Limited ₹48.52 Cr	Industrial Products	1.18%
32	RBL Bank Limited ₹47.32 Cr	Banks	1.15%
33	Engineers India Limited ₹47.24 Cr	Construction	1.15%
34	UltraTech Cement Limited ₹46.90 Cr	Cement & Cement Products	1.14%
35	Pine Labs Limited ₹46.50 Cr	Financial Technology (Fintech)	1.13%
36	Trent Limited ₹46.10 Cr	Retailing	1.12%
37	Mahindra & Mahindra Limited ₹45.03 Cr	Automobiles	1.09%
38	Lupin Limited ₹44.97 Cr	Pharmaceuticals & Biotechnology	1.09%
39	Tech Mahindra Limited ₹44.42 Cr	IT - Software	1.08%
40	NTPC Limited ₹43.91 Cr	Power	1.07%
41	JSW Energy Limited ₹42.96 Cr	Power	1.04%
42	Safari Industries India Ltd ₹42.49 Cr	Consumer Durables	1.03%
43	Tata Steel Limited ₹41.22 Cr	Ferrous Metals	1.00%
44	CG Power and Industrial Solutions Limited ₹40.42 Cr	Electrical Equipment	0.98%
45	Hero MotoCorp Limited ₹39.48 Cr	Automobiles	0.96%
46	BIKAJI FOODS INTERNATIONAL LIMITED ₹38.39 Cr	Food Products	0.93%
47	Lemon Tree Hotels Limited ₹35.63 Cr	Leisure Services	0.87%
48	ICICI Prudential Asset Management Company Limited ₹34.46 Cr	Capital Markets	0.84%
49	Bharat Electronics Limited ₹34.30 Cr	Aerospace & Defense	0.83%
50	Exide Industries Limited ₹33.47 Cr	Auto Components	0.81%
51	LTIMindtree Limited ₹32.76 Cr	IT - Software	0.80%
52	Polycab India Limited ₹32.00 Cr	Industrial Products	0.78%
53	Triveni Turbine Limited ₹32.09 Cr	Electrical Equipment	0.78%
54	Century Plyboards (India) Limited ₹30.98 Cr	Consumer Durables	0.75%
55	Tata Consumer Products Limited ₹30.82 Cr	Agricultural Food & other Products	0.75%
56	Godrej Properties Limited ₹30.53 Cr	Realty	0.74%
57	Coforge Limited ₹30.46 Cr	IT - Software	0.74%
58	Oil & Natural Gas Corporation Limited ₹30.45 Cr	Oil	0.74%
59	Swiggy Limited ₹29.42 Cr	Retailing	0.72%
60	Diamond Power Infrastructure Limited ₹29.28 Cr	Electrical Equipment	0.71%
61	Mankind Pharma Limited ₹28.45 Cr	Pharmaceuticals & Biotechnology	0.69%
62	UNO Minda Limited ₹28.00 Cr	Auto Components	0.68%
63	Sobha Limited ₹27.17 Cr	Realty	0.66%
64	Blue Star Limited ₹26.94 Cr	Consumer Durables	0.65%
65	KPIT Technologies Limited ₹26.82 Cr	IT - Software	0.65%
66	Doms Industries Limited ₹24.63 Cr	Household Products	0.60%
67	Gujarat Gas Limited ₹23.49 Cr	Gas	0.57%
68	KEI Industries Limited ₹22.99 Cr	Industrial Products	0.56%
69	Kaynes Technology India Limited ₹22.89 Cr	Industrial Manufacturing	0.56%
70	Hindustan Aeronautics Limited ₹21.87 Cr	Aerospace & Defense	0.53%
71	Power Finance Corporation Limited ₹21.03 Cr	Finance	0.51%
72	Vinati Organics Limited ₹19.41 Cr	Chemicals & Petrochemicals	0.47%
73	SBI Funds Management Limited ₹19.01 Cr	Capital Markets	0.46%
74	Siemens Limited ₹18.80 Cr	Electrical Equipment	0.46%
75	Zensar Technologies Limited ₹18.74 Cr	IT - Software	0.46%
76	Vishal Mega Mart Limited ₹18.27 Cr	Retailing	0.44%
77	ABB India Limited ₹17.30 Cr	Electrical Equipment	0.42%
78	Syngene International Limited ₹15.40 Cr	Healthcare Services	0.37%
79	Manipal Health Enterprises Ltd ₹12.25 Cr	Healthcare Services	0.30%
80	Juniper Green Energy Limited ₹6.30 Cr	Power	0.15%
81	GSPL Transmission Limited ₹3.85 Cr	Gas	0.09%