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 Jun 2026 Comparing May 2026 → Jun 2026

Share: WhatsApp X

Stocks Held

Jun 2026

Equity Holdings

₹3,987.10 Cr

Equity only, excl. debt & cash

Top 5 Weight

17.0%

Diversified

Top 10 Weight

28.6%

Diversified

Changes

1 new · 1 exits

Top Sector

Banks

15.9% of portfolio

📋 What Happened This Month HSBC ELSS Tax saver Fund made 1 new addition and exited 1 stock this month. The biggest new buy was Hero MotoCorp Limited (Automobiles) at 0.56% weight. Bajaj Auto Limited was the biggest exit (Automobiles), which was held at 0.62%. Among existing holdings, Thangamayil Jewellery Limited saw the biggest increase — now at 2.42% of the portfolio. Persistent Systems Limited was trimmed the most, now at 0.95%. ICICI Bank Limited remains the top holding with Banks the dominant sector at 15.9%. ↓ 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

+2.09%

+5.43%

+4.69%

+3.03%

Latest NAV

₹153.72

15 Jul 2026

52W High

₹154.26

-0% from High

52W Low

₹123.44

+25% 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

22.4%

+ve in 94% windows

54.3% / -4.4%

3Y Rolling Avg

19.6% 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. What do these mean? →

Sharpe Ratio (3Y)

0.73

Return per unit of risk. >1 is good.

Sortino Ratio (3Y)

1.01

Penalises downside volatility only.

Std Deviation (3Y)

16.4%

Lower = more consistent returns.

NAV Chart ₹153.72 15 Jul 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: ₹153.72

Sector Shift Industry allocation month-over-month

Apr 2026 → May 2026

Sector	Prev	Curr ▼	Delta
Banks	16.0%	15.4%	▼ -0.6%
Electrical Equipment	9.7%	10.9%	▲ +1.2%
IT - Software	7.6%	7.6%	● -0.1%
Finance	6.7%	6.5%	▼ -0.1%
Consumer Durables	6.2%	5.8%	▼ -0.4%
Auto Components	4.0%	4.1%	▲ +0.2%
Retailing	3.7%	4.0%	▲ +0.3%
Construction	4.1%	3.6%	▼ -0.5%
Pharmaceuticals & Biotechnology	3.2%	3.2%	● 0.0%
Automobiles	3.3%	3.2%	● -0.1%

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%

🟢

Biggest New Buy

Hero MotoCorp Limited

0.56% weight · Automobiles

🔴

Biggest Exit

Bajaj Auto Limited

0.62% was held · Automobiles

↑

Biggest Add

Thangamayil Jewellery Limited

+0.57% · now 2.42%

↓

Biggest Trim

Persistent Systems Limited

-0.78% · now 0.95%

🤝 Other funds also bought this month

Hero MotoCorp Limited 24 funds

👋 Other funds also exited

Bajaj Auto Limited 25 funds

What Changed in the Portfolio This Month?

Comparing May 2026 → Jun 2026

May 2026 → Jun 2026

🟢 1 New Entry 🔴 1 Exit ↑ 32 Increased ↓ 39 Decreased

#	Stock	Sector	Weight (Jun 2026)
1	Hero MotoCorp Limited ₹22.71 Cr	Automobiles	0.56%

#	Stock	Sector	Last Weight (May 2026)
1	Bajaj Auto Limited ₹24.79 Cr	Automobiles	0.62%

#	Stock	Sector	May 2026	Jun 2026	Change
1	Thangamayil Jewellery Limited ₹98.65 Cr	Consumer Durables	1.85%	2.42%	+0.57%
2	Trent Limited ₹50.35 Cr	Retailing	0.80%	1.23%	+0.43%
3	Pearl Global Industries Limited ₹87.29 Cr	Textiles & Apparels	1.80%	2.14%	+0.34%
4	Craftsman Automation Limited ₹54.33 Cr	Auto Components	1.01%	1.33%	+0.32%
5	RBL Bank Limited ₹46.51 Cr	Banks	0.86%	1.14%	+0.28%
6	Avalon Technologies Limited ₹153.10 Cr	Electrical Equipment	3.49%	3.75%	+0.26%
7	Safari Industries India Ltd ₹43.43 Cr	Consumer Durables	0.80%	1.06%	+0.26%
8	ICICI Bank Limited ₹158.90 Cr	Banks	3.64%	3.89%	+0.25%
9	Tata Consumer Products Limited ₹30.60 Cr	Agricultural Food & other Products	0.51%	0.75%	+0.24%
10	Max Healthcare Institute Limited ₹69.47 Cr	Healthcare Services	1.49%	1.70%	+0.21%
11	Shriram Finance Limited ₹109.03 Cr	Finance	2.49%	2.67%	+0.18%
12	HDFC Bank Limited ₹149.23 Cr	Banks	3.49%	3.66%	+0.17%
13	Cholamandalam Investment and Finance Company Ltd ₹53.82 Cr	Finance	1.16%	1.32%	+0.16%
14	State Bank of India ₹87.86 Cr	Banks	2.07%	2.15%	+0.08%
15	The Indian Hotels Company Limited ₹50.30 Cr	Leisure Services	1.16%	1.23%	+0.07%
16	Eternal Limited ₹83.35 Cr	Retailing	1.98%	2.04%	+0.06%
17	Balrampur Chini Mills Limited ₹54.79 Cr	Agricultural Food & other Products	1.28%	1.34%	+0.06%
18	Pine Labs Limited ₹42.68 Cr	Financial Technology (Fintech)	0.99%	1.05%	+0.06%
19	Axis Bank Limited ₹80.31 Cr	Banks	1.93%	1.97%	+0.04%
20	Nippon Life India Asset Management Limited ₹55.12 Cr	Capital Markets	1.31%	1.35%	+0.04%
21	Jindal Saw Limited ₹49.37 Cr	Industrial Products	1.17%	1.21%	+0.04%
22	Lupin Limited ₹45.04 Cr	Pharmaceuticals & Biotechnology	1.06%	1.10%	+0.04%
23	Mankind Pharma Limited ₹29.33 Cr	Pharmaceuticals & Biotechnology	0.69%	0.72%	+0.03%
24	Sun Pharmaceutical Industries Limited ₹59.15 Cr	Pharmaceuticals & Biotechnology	1.43%	1.45%	+0.02%
25	Polycab India Limited ₹35.00 Cr	Industrial Products	0.84%	0.86%	+0.02%
26	Godrej Properties Limited ₹27.07 Cr	Realty	0.64%	0.66%	+0.02%
27	Doms Industries Limited ₹25.17 Cr	Household Products	0.60%	0.62%	+0.02%
28	TVS Motor Company Limited ₹63.16 Cr	Automobiles	1.54%	1.55%	+0.01%
29	Engineers India Limited ₹51.11 Cr	Construction	1.24%	1.25%	+0.01%
30	CG Power and Industrial Solutions Limited ₹44.58 Cr	Electrical Equipment	1.08%	1.09%	+0.01%
31	Vinati Organics Limited ₹31.25 Cr	Chemicals & Petrochemicals	0.76%	0.77%	+0.01%
32	Coforge Limited ₹25.94 Cr	IT - Software	0.63%	0.64%	+0.01%

#	Stock	Sector	May 2026	Jun 2026	Change
1	Persistent Systems Limited ₹38.91 Cr	IT - Software	1.73%	0.95%	-0.78%
2	Oil & Natural Gas Corporation Limited ₹29.49 Cr	Oil	1.35%	0.72%	-0.63%
3	Indian Bank ₹50.00 Cr	Banks	1.57%	1.23%	-0.34%
4	Infosys Limited ₹71.68 Cr	IT - Software	2.09%	1.76%	-0.33%
5	Kaynes Technology India Limited ₹18.78 Cr	Industrial Manufacturing	0.78%	0.46%	-0.32%
6	Jindal Steel Limited ₹68.57 Cr	Ferrous Metals	1.96%	1.68%	-0.28%
7	GE Vernova T&D India Limited ₹103.82 Cr	Electrical Equipment	2.71%	2.54%	-0.17%
8	Gujarat Gas Limited ₹27.99 Cr	Gas	0.86%	0.69%	-0.17%
9	Reliance Industries Limited ₹123.16 Cr	Petroleum Products	3.16%	3.02%	-0.14%
10	Tata Steel Limited ₹40.87 Cr	Ferrous Metals	1.13%	1.00%	-0.13%
11	KPIT Technologies Limited ₹30.10 Cr	IT - Software	0.87%	0.74%	-0.13%
12	NTPC Limited ₹45.10 Cr	Power	1.23%	1.11%	-0.12%
13	LTIMindtree Limited ₹26.57 Cr	IT - Software	0.77%	0.65%	-0.12%
14	Triveni Turbine Limited ₹36.79 Cr	Electrical Equipment	0.99%	0.90%	-0.09%
15	ICICI Prudential Asset Management Company Limited ₹36.71 Cr	Capital Markets	0.98%	0.90%	-0.08%
16	Zensar Technologies Limited ₹15.69 Cr	IT - Software	0.46%	0.38%	-0.08%
17	Tech Mahindra Limited ₹37.79 Cr	IT - Software	1.00%	0.93%	-0.07%
18	Amber Enterprises India Limited ₹70.18 Cr	Consumer Durables	1.78%	1.72%	-0.06%
19	Swiggy Limited ₹24.72 Cr	Retailing	0.67%	0.61%	-0.06%
20	Meghmani Finechem Limited ₹11.84 Cr	Chemicals & Petrochemicals	0.35%	0.29%	-0.06%
21	Bharat Heavy Electricals Limited ₹68.19 Cr	Electrical Equipment	1.72%	1.67%	-0.05%
22	JSW Energy Limited ₹45.17 Cr	Power	1.16%	1.11%	-0.05%
23	UltraTech Cement Limited ₹44.34 Cr	Cement & Cement Products	1.14%	1.09%	-0.05%
24	Century Plyboards (India) Limited ₹28.16 Cr	Consumer Durables	0.73%	0.69%	-0.04%
25	Siemens Limited ₹18.00 Cr	Electrical Equipment	0.48%	0.44%	-0.04%
26	PNB Housing Finance Limited ₹75.00 Cr	Finance	1.87%	1.84%	-0.03%
27	Power Finance Corporation Limited ₹39.14 Cr	Finance	0.99%	0.96%	-0.03%
28	BIKAJI FOODS INTERNATIONAL LIMITED ₹38.93 Cr	Food Products	0.98%	0.95%	-0.03%
29	Sobha Limited ₹27.29 Cr	Realty	0.70%	0.67%	-0.03%
30	UNO Minda Limited ₹25.80 Cr	Auto Components	0.66%	0.63%	-0.03%
31	Vishal Mega Mart Limited ₹20.12 Cr	Retailing	0.52%	0.49%	-0.03%
32	Bharti Airtel Limited ₹86.49 Cr	Telecom - Services	2.14%	2.12%	-0.02%
33	Bharat Electronics Limited ₹36.42 Cr	Aerospace & Defense	0.91%	0.89%	-0.02%
34	ABB India Limited ₹16.70 Cr	Electrical Equipment	0.43%	0.41%	-0.02%
35	Larsen & Toubro Limited ₹96.55 Cr	Construction	2.38%	2.37%	-0.01%
36	Schaeffler India Limited ₹70.54 Cr	Auto Components	1.74%	1.73%	-0.01%
37	Mahindra & Mahindra Limited ₹40.66 Cr	Automobiles	1.01%	1.00%	-0.01%
38	Exide Industries Limited ₹28.84 Cr	Auto Components	0.72%	0.71%	-0.01%
39	Syngene International Limited ₹17.54 Cr	Healthcare Services	0.44%	0.43%	-0.01%

What Stocks Does This Fund Hold?

77 stocks — Jun 2026

#	Stock	Sector	Weight & Value
1	ICICI Bank Limited ₹158.90 Cr	Banks	3.89%
2	Avalon Technologies Limited ₹153.10 Cr	Electrical Equipment	3.75%
3	HDFC Bank Limited ₹149.23 Cr	Banks	3.66%
4	Reliance Industries Limited ₹123.16 Cr	Petroleum Products	3.02%
5	Shriram Finance Limited ₹109.03 Cr	Finance	2.67%
6	GE Vernova T&D India Limited ₹103.82 Cr	Electrical Equipment	2.54%
7	Thangamayil Jewellery Limited ₹98.65 Cr	Consumer Durables	2.42%
8	Larsen & Toubro Limited ₹96.55 Cr	Construction	2.37%
9	State Bank of India ₹87.86 Cr	Banks	2.15%
10	Pearl Global Industries Limited ₹87.29 Cr	Textiles & Apparels	2.14%
11	Bharti Airtel Limited ₹86.49 Cr	Telecom - Services	2.12%
12	Eternal Limited ₹83.35 Cr	Retailing	2.04%
13	Axis Bank Limited ₹80.31 Cr	Banks	1.97%
14	Karur Vysya Bank Limited ₹76.77 Cr	Banks	1.88%
15	PNB Housing Finance Limited ₹75.00 Cr	Finance	1.84%
16	Infosys Limited ₹71.68 Cr	IT - Software	1.76%
17	Schaeffler India Limited ₹70.54 Cr	Auto Components	1.73%
18	Amber Enterprises India Limited ₹70.18 Cr	Consumer Durables	1.72%
19	Max Healthcare Institute Limited ₹69.47 Cr	Healthcare Services	1.70%
20	Jindal Steel Limited ₹68.57 Cr	Ferrous Metals	1.68%
21	Bharat Heavy Electricals Limited ₹68.19 Cr	Electrical Equipment	1.67%
22	TVS Motor Company Limited ₹63.16 Cr	Automobiles	1.55%
23	Sun Pharmaceutical Industries Limited ₹59.15 Cr	Pharmaceuticals & Biotechnology	1.45%
24	Nippon Life India Asset Management Limited ₹55.12 Cr	Capital Markets	1.35%
25	Balrampur Chini Mills Limited ₹54.79 Cr	Agricultural Food & other Products	1.34%
26	Craftsman Automation Limited ₹54.33 Cr	Auto Components	1.33%
27	Cholamandalam Investment and Finance Company Ltd ₹53.82 Cr	Finance	1.32%
28	Engineers India Limited ₹51.11 Cr	Construction	1.25%
29	Indian Bank ₹50.00 Cr	Banks	1.23%
30	The Indian Hotels Company Limited ₹50.30 Cr	Leisure Services	1.23%
31	Trent Limited ₹50.35 Cr	Retailing	1.23%
32	Jindal Saw Limited ₹49.37 Cr	Industrial Products	1.21%
33	RBL Bank Limited ₹46.51 Cr	Banks	1.14%
34	JSW Energy Limited ₹45.17 Cr	Power	1.11%
35	NTPC Limited ₹45.10 Cr	Power	1.11%
36	Lupin Limited ₹45.04 Cr	Pharmaceuticals & Biotechnology	1.10%
37	CG Power and Industrial Solutions Limited ₹44.58 Cr	Electrical Equipment	1.09%
38	UltraTech Cement Limited ₹44.34 Cr	Cement & Cement Products	1.09%
39	Safari Industries India Ltd ₹43.43 Cr	Consumer Durables	1.06%
40	Pine Labs Limited ₹42.68 Cr	Financial Technology (Fintech)	1.05%
41	Tata Steel Limited ₹40.87 Cr	Ferrous Metals	1.00%
42	Mahindra & Mahindra Limited ₹40.66 Cr	Automobiles	1.00%
43	Power Finance Corporation Limited ₹39.14 Cr	Finance	0.96%
44	BIKAJI FOODS INTERNATIONAL LIMITED ₹38.93 Cr	Food Products	0.95%
45	Persistent Systems Limited ₹38.91 Cr	IT - Software	0.95%
46	Lemon Tree Hotels Limited ₹38.03 Cr	Leisure Services	0.93%
47	Tech Mahindra Limited ₹37.79 Cr	IT - Software	0.93%
48	Triveni Turbine Limited ₹36.79 Cr	Electrical Equipment	0.90%
49	ICICI Prudential Asset Management Company Limited ₹36.71 Cr	Capital Markets	0.90%
50	Bharat Electronics Limited ₹36.42 Cr	Aerospace & Defense	0.89%
51	Polycab India Limited ₹35.00 Cr	Industrial Products	0.86%
52	Vinati Organics Limited ₹31.25 Cr	Chemicals & Petrochemicals	0.77%
53	Tata Consumer Products Limited ₹30.60 Cr	Agricultural Food & other Products	0.75%
54	KPIT Technologies Limited ₹30.10 Cr	IT - Software	0.74%
55	Oil & Natural Gas Corporation Limited ₹29.49 Cr	Oil	0.72%
56	Mankind Pharma Limited ₹29.33 Cr	Pharmaceuticals & Biotechnology	0.72%
57	Exide Industries Limited ₹28.84 Cr	Auto Components	0.71%
58	Gujarat Gas Limited ₹27.99 Cr	Gas	0.69%
59	Century Plyboards (India) Limited ₹28.16 Cr	Consumer Durables	0.69%
60	Sobha Limited ₹27.29 Cr	Realty	0.67%
61	Godrej Properties Limited ₹27.07 Cr	Realty	0.66%
62	LTIMindtree Limited ₹26.57 Cr	IT - Software	0.65%
63	Blue Star Limited ₹26.09 Cr	Consumer Durables	0.64%
64	Coforge Limited ₹25.94 Cr	IT - Software	0.64%
65	UNO Minda Limited ₹25.80 Cr	Auto Components	0.63%
66	Doms Industries Limited ₹25.17 Cr	Household Products	0.62%
67	Swiggy Limited ₹24.72 Cr	Retailing	0.61%
68	KEI Industries Limited ₹24.96 Cr	Industrial Products	0.61%
69	Hero MotoCorp Limited ₹22.71 Cr	Automobiles	0.56%
70	Hindustan Aeronautics Limited ₹20.62 Cr	Aerospace & Defense	0.51%
71	Vishal Mega Mart Limited ₹20.12 Cr	Retailing	0.49%
72	Kaynes Technology India Limited ₹18.78 Cr	Industrial Manufacturing	0.46%
73	Siemens Limited ₹18.00 Cr	Electrical Equipment	0.44%
74	Syngene International Limited ₹17.54 Cr	Healthcare Services	0.43%
75	ABB India Limited ₹16.70 Cr	Electrical Equipment	0.41%
76	Zensar Technologies Limited ₹15.69 Cr	IT - Software	0.38%
77	Meghmani Finechem Limited ₹11.84 Cr	Chemicals & Petrochemicals	0.29%