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.

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HSBC ELSS Tax saver Fund - Direct Growth

ELSS Data as of Apr 2026 Comparing Mar 2026 → Apr 2026

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Stocks Held

Apr 2026

Equity Holdings

₹3,896.99 Cr

Equity only, excl. debt & cash

Top 5 Weight

16.1%

Diversified

Top 10 Weight

27.7%

Diversified

Changes

1 new · 2 exits

Top Sector

Banks

16.0% of portfolio

📋 What Happened This Month HSBC ELSS Tax saver Fund made 1 new addition and exited 2 stocks this month. The biggest new buy was Tata Consumer Products Limited (Agricultural Food & other Products) at 0.50% weight. Dabur India Limited was the biggest exit (Personal Products), which was held at 0.60%. Among existing holdings, Tata Steel Limited saw the biggest increase — now at 1.17% of the portfolio. Infosys Limited was trimmed the most, now at 2.15%. ICICI Bank Limited remains the top holding with Banks the dominant sector at 16.0%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.

NAV Performance

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

-0.82%

+4.28%

-0.06%

+2.60%

Latest NAV

₹148.68

04 Jun 2026

52W High

₹152.79

-3% from High

52W Low

₹123.44

+20% 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

23.2%

+ve in 94% windows

54.3% / -4.4%

3Y Rolling Avg

19.8% 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: not yet

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)

0.79

Return per unit of risk. >1 is good.

Sortino Ratio (3Y)

1.09

Penalises downside volatility only.

Std Deviation (3Y)

16.2%

Lower = more consistent returns.

NAV Chart ₹148.68 04 Jun 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: ₹148.68

Sector Shift Industry allocation month-over-month

Earlier shift unavailable

Needs 3 months of holdings data.

Mar 2026 → Apr 2026

Sector	Prev	Curr ▼	Delta
Banks	16.2%	16.0%	▼ -0.2%
Electrical Equipment	8.6%	9.7%	▲ +1.0%
IT - Software	8.3%	7.6%	▼ -0.7%
Finance	6.2%	6.7%	▲ +0.4%
Consumer Durables	6.0%	6.2%	▲ +0.2%
Construction	3.8%	4.1%	▲ +0.4%
Auto Components	4.4%	4.0%	▼ -0.5%
Retailing	3.7%	3.7%	● 0.0%
Petroleum Products	3.6%	3.5%	▼ -0.1%
Automobiles	3.4%	3.3%	▼ -0.1%

🟢

Biggest New Buy

Tata Consumer Products Limited

0.50% weight · Agricultural Food & other Products

🔴

Biggest Exit

Dabur India Limited

0.60% was held · Personal Products

↑

Biggest Add

Tata Steel Limited

+0.40% · now 1.17%

↓

Biggest Trim

Infosys Limited

-0.37% · now 2.15%

🤝 Other funds also bought this month

Tata Consumer Products Limited 30 funds

👋 Other funds also exited

Dabur India Limited 14 funds

Varroc Engineering Limited 2 funds

What Changed?

Comparing Mar 2026 → Apr 2026

Mar 2026 → Apr 2026

🟢 1 New Entry 🔴 2 Exits ↑ 41 Increased ↓ 32 Decreased

#	Stock	Sector	Weight (Apr 2026)
1	Tata Consumer Products Limited ₹19.84 Cr	Agricultural Food & other Products	0.50%

#	Stock	Sector	Last Weight (Mar 2026)
1	Dabur India Limited ₹21.32 Cr	Personal Products	0.60%
2	Varroc Engineering Limited ₹16.39 Cr	Auto Components	0.46%

#	Stock	Sector	Mar 2026	Apr 2026	Change
1	Tata Steel Limited ₹45.93 Cr	Ferrous Metals	0.77%	1.17%	+0.40%
2	PNB Housing Finance Limited ₹75.52 Cr	Finance	1.53%	1.92%	+0.39%
3	Axis Bank Limited ₹75.69 Cr	Banks	1.62%	1.92%	+0.30%
4	Bharat Heavy Electricals Limited ₹50.77 Cr	Electrical Equipment	0.99%	1.29%	+0.30%
5	Engineers India Limited ₹53.52 Cr	Construction	1.09%	1.36%	+0.27%
6	GE Vernova T&D India Limited ₹93.79 Cr	Electrical Equipment	2.15%	2.38%	+0.23%
7	Amber Enterprises India Limited ₹87.38 Cr	Consumer Durables	2.00%	2.22%	+0.22%
8	Nippon Life India Asset Management Limited ₹47.90 Cr	Capital Markets	1.07%	1.22%	+0.15%
9	Triveni Turbine Limited ₹38.91 Cr	Electrical Equipment	0.84%	0.99%	+0.15%
10	CG Power and Industrial Solutions Limited ₹48.42 Cr	Electrical Equipment	1.10%	1.23%	+0.13%
11	Jindal Saw Limited ₹42.06 Cr	Industrial Products	0.97%	1.07%	+0.10%
12	Hindustan Aeronautics Limited ₹32.50 Cr	Aerospace & Defense	0.73%	0.83%	+0.10%
13	Meghmani Finechem Limited ₹14.79 Cr	Chemicals & Petrochemicals	0.28%	0.38%	+0.10%
14	Larsen & Toubro Limited ₹108.34 Cr	Construction	2.66%	2.75%	+0.09%
15	Gujarat State Petronet Limited ₹31.72 Cr	Gas	0.72%	0.81%	+0.09%
16	Avalon Technologies Limited ₹96.71 Cr	Electrical Equipment	2.38%	2.46%	+0.08%
17	Thangamayil Jewellery Limited ₹69.28 Cr	Consumer Durables	1.68%	1.76%	+0.08%
18	Indian Bank ₹63.83 Cr	Banks	1.54%	1.62%	+0.08%
19	ABB India Limited ₹33.29 Cr	Electrical Equipment	0.77%	0.85%	+0.08%
20	Exide Industries Limited ₹26.82 Cr	Auto Components	0.60%	0.68%	+0.08%
21	Godrej Properties Limited ₹26.61 Cr	Realty	0.60%	0.68%	+0.08%
22	JSW Energy Limited ₹43.47 Cr	Power	1.03%	1.10%	+0.07%
23	Power Finance Corporation Limited ₹41.37 Cr	Finance	0.98%	1.05%	+0.07%
24	Polycab India Limited ₹38.95 Cr	Industrial Products	0.92%	0.99%	+0.07%
25	KEI Industries Limited ₹35.07 Cr	Industrial Products	0.82%	0.89%	+0.07%
26	Siemens Limited ₹19.04 Cr	Electrical Equipment	0.41%	0.48%	+0.07%
27	Kaynes Technology India Limited ₹40.33 Cr	Industrial Manufacturing	0.96%	1.02%	+0.06%
28	KPIT Technologies Limited ₹34.02 Cr	IT - Software	0.80%	0.86%	+0.06%
29	Sobha Limited ₹28.38 Cr	Realty	0.66%	0.72%	+0.06%
30	Trent Limited ₹19.19 Cr	Retailing	0.43%	0.49%	+0.06%
31	Cholamandalam Investment and Finance Company Ltd ₹47.00 Cr	Finance	1.14%	1.19%	+0.05%
32	Lemon Tree Hotels Limited ₹38.33 Cr	Leisure Services	0.92%	0.97%	+0.05%
33	ICICI Prudential Asset Management Company Limited ₹36.39 Cr	Capital Markets	0.87%	0.92%	+0.05%
34	Pearl Global Industries Limited ₹66.51 Cr	Textiles & Apparels	1.65%	1.69%	+0.04%
35	RBL Bank Limited ₹33.24 Cr	Banks	0.80%	0.84%	+0.04%
36	Vishal Mega Mart Limited ₹20.86 Cr	Retailing	0.50%	0.53%	+0.03%
37	Syngene International Limited ₹18.66 Cr	Healthcare Services	0.44%	0.47%	+0.03%
38	Century Plyboards (India) Limited ₹29.99 Cr	Consumer Durables	0.74%	0.76%	+0.02%
39	Bajaj Auto Limited ₹23.69 Cr	Automobiles	0.58%	0.60%	+0.02%
40	The Indian Hotels Company Limited ₹44.80 Cr	Leisure Services	1.13%	1.14%	+0.01%
41	Mankind Pharma Limited ₹25.88 Cr	Pharmaceuticals & Biotechnology	0.65%	0.66%	+0.01%

#	Stock	Sector	Mar 2026	Apr 2026	Change
1	Infosys Limited ₹84.68 Cr	IT - Software	2.52%	2.15%	-0.37%
2	ICICI Bank Limited ₹145.99 Cr	Banks	3.91%	3.71%	-0.20%
3	Persistent Systems Limited ₹63.84 Cr	IT - Software	1.82%	1.62%	-0.20%
4	HDFC Bank Limited ₹144.32 Cr	Banks	3.84%	3.66%	-0.18%
5	Karur Vysya Bank Limited ₹76.10 Cr	Banks	2.11%	1.93%	-0.18%
6	Reliance Industries Limited ₹136.19 Cr	Petroleum Products	3.59%	3.46%	-0.13%
7	Lupin Limited ₹42.92 Cr	Pharmaceuticals & Biotechnology	1.21%	1.09%	-0.12%
8	Max Healthcare Institute Limited ₹61.09 Cr	Healthcare Services	1.66%	1.55%	-0.11%
9	Sun Pharmaceutical Industries Limited ₹57.42 Cr	Pharmaceuticals & Biotechnology	1.57%	1.46%	-0.11%
10	Bharti Airtel Limited ₹88.11 Cr	Telecom - Services	2.34%	2.24%	-0.10%
11	TVS Motor Company Limited ₹63.75 Cr	Automobiles	1.72%	1.62%	-0.10%
12	Safari Industries India Ltd ₹29.91 Cr	Consumer Durables	0.85%	0.76%	-0.09%
13	Oil & Natural Gas Corporation Limited ₹60.93 Cr	Oil	1.63%	1.55%	-0.08%
14	Vinati Organics Limited ₹30.93 Cr	Chemicals & Petrochemicals	0.87%	0.79%	-0.08%
15	Shriram Finance Limited ₹98.07 Cr	Finance	2.56%	2.49%	-0.07%
16	Balrampur Chini Mills Limited ₹51.44 Cr	Agricultural Food & other Products	1.38%	1.31%	-0.07%
17	Doms Industries Limited ₹24.97 Cr	Household Products	0.70%	0.63%	-0.07%
18	Zensar Technologies Limited ₹24.12 Cr	IT - Software	0.68%	0.61%	-0.07%
19	Schaeffler India Limited ₹69.45 Cr	Auto Components	1.82%	1.76%	-0.06%
20	Mahindra & Mahindra Limited ₹41.04 Cr	Automobiles	1.10%	1.04%	-0.06%
21	Eternal Limited ₹77.81 Cr	Retailing	2.03%	1.98%	-0.05%
22	NTPC Limited ₹50.47 Cr	Power	1.32%	1.28%	-0.04%
23	Tech Mahindra Limited ₹39.64 Cr	IT - Software	1.05%	1.01%	-0.04%
24	LTIMindtree Limited ₹32.06 Cr	IT - Software	0.85%	0.81%	-0.04%
25	Swiggy Limited ₹27.92 Cr	Retailing	0.75%	0.71%	-0.04%
26	State Bank of India ₹91.42 Cr	Banks	2.35%	2.32%	-0.03%
27	UltraTech Cement Limited ₹45.65 Cr	Cement & Cement Products	1.19%	1.16%	-0.03%
28	Bharat Electronics Limited ₹38.15 Cr	Aerospace & Defense	1.00%	0.97%	-0.03%
29	UNO Minda Limited ₹26.39 Cr	Auto Components	0.69%	0.67%	-0.02%
30	Jindal Steel Limited ₹79.11 Cr	Ferrous Metals	2.02%	2.01%	-0.01%
31	BIKAJI FOODS INTERNATIONAL LIMITED ₹40.48 Cr	Food Products	1.04%	1.03%	-0.01%
32	Coforge Limited ₹21.17 Cr	IT - Software	0.55%	0.54%	-0.01%

Full Portfolio

76 stocks — Apr 2026

#	Stock	Sector	Weight & Value
1	ICICI Bank Limited ₹145.99 Cr	Banks	3.71%
2	HDFC Bank Limited ₹144.32 Cr	Banks	3.66%
3	Reliance Industries Limited ₹136.19 Cr	Petroleum Products	3.46%
4	Larsen & Toubro Limited ₹108.34 Cr	Construction	2.75%
5	Shriram Finance Limited ₹98.07 Cr	Finance	2.49%
6	Avalon Technologies Limited ₹96.71 Cr	Electrical Equipment	2.46%
7	GE Vernova T&D India Limited ₹93.79 Cr	Electrical Equipment	2.38%
8	State Bank of India ₹91.42 Cr	Banks	2.32%
9	Bharti Airtel Limited ₹88.11 Cr	Telecom - Services	2.24%
10	Amber Enterprises India Limited ₹87.38 Cr	Consumer Durables	2.22%
11	Infosys Limited ₹84.68 Cr	IT - Software	2.15%
12	Jindal Steel Limited ₹79.11 Cr	Ferrous Metals	2.01%
13	Eternal Limited ₹77.81 Cr	Retailing	1.98%
14	Karur Vysya Bank Limited ₹76.10 Cr	Banks	1.93%
15	Axis Bank Limited ₹75.69 Cr	Banks	1.92%
16	PNB Housing Finance Limited ₹75.52 Cr	Finance	1.92%
17	Schaeffler India Limited ₹69.45 Cr	Auto Components	1.76%
18	Thangamayil Jewellery Limited ₹69.28 Cr	Consumer Durables	1.76%
19	Pearl Global Industries Limited ₹66.51 Cr	Textiles & Apparels	1.69%
20	TVS Motor Company Limited ₹63.75 Cr	Automobiles	1.62%
21	Indian Bank ₹63.83 Cr	Banks	1.62%
22	Persistent Systems Limited ₹63.84 Cr	IT - Software	1.62%
23	Max Healthcare Institute Limited ₹61.09 Cr	Healthcare Services	1.55%
24	Oil & Natural Gas Corporation Limited ₹60.93 Cr	Oil	1.55%
25	Sun Pharmaceutical Industries Limited ₹57.42 Cr	Pharmaceuticals & Biotechnology	1.46%
26	Engineers India Limited ₹53.52 Cr	Construction	1.36%
27	Balrampur Chini Mills Limited ₹51.44 Cr	Agricultural Food & other Products	1.31%
28	Bharat Heavy Electricals Limited ₹50.77 Cr	Electrical Equipment	1.29%
29	NTPC Limited ₹50.47 Cr	Power	1.28%
30	CG Power and Industrial Solutions Limited ₹48.42 Cr	Electrical Equipment	1.23%
31	Nippon Life India Asset Management Limited ₹47.90 Cr	Capital Markets	1.22%
32	Cholamandalam Investment and Finance Company Ltd ₹47.00 Cr	Finance	1.19%
33	Tata Steel Limited ₹45.93 Cr	Ferrous Metals	1.17%
34	UltraTech Cement Limited ₹45.65 Cr	Cement & Cement Products	1.16%
35	The Indian Hotels Company Limited ₹44.80 Cr	Leisure Services	1.14%
36	JSW Energy Limited ₹43.47 Cr	Power	1.10%
37	Lupin Limited ₹42.92 Cr	Pharmaceuticals & Biotechnology	1.09%
38	Jindal Saw Limited ₹42.06 Cr	Industrial Products	1.07%
39	Power Finance Corporation Limited ₹41.37 Cr	Finance	1.05%
40	Mahindra & Mahindra Limited ₹41.04 Cr	Automobiles	1.04%
41	BIKAJI FOODS INTERNATIONAL LIMITED ₹40.48 Cr	Food Products	1.03%
42	Kaynes Technology India Limited ₹40.33 Cr	Industrial Manufacturing	1.02%
43	Tech Mahindra Limited ₹39.64 Cr	IT - Software	1.01%
44	Polycab India Limited ₹38.95 Cr	Industrial Products	0.99%
45	Triveni Turbine Limited ₹38.91 Cr	Electrical Equipment	0.99%
46	Lemon Tree Hotels Limited ₹38.33 Cr	Leisure Services	0.97%
47	Bharat Electronics Limited ₹38.15 Cr	Aerospace & Defense	0.97%
48	ICICI Prudential Asset Management Company Limited ₹36.39 Cr	Capital Markets	0.92%
49	KEI Industries Limited ₹35.07 Cr	Industrial Products	0.89%
50	Craftsman Automation Limited ₹34.11 Cr	Auto Components	0.87%
51	KPIT Technologies Limited ₹34.02 Cr	IT - Software	0.86%
52	ABB India Limited ₹33.29 Cr	Electrical Equipment	0.85%
53	RBL Bank Limited ₹33.24 Cr	Banks	0.84%
54	Hindustan Aeronautics Limited ₹32.50 Cr	Aerospace & Defense	0.83%
55	LTIMindtree Limited ₹32.06 Cr	IT - Software	0.81%
56	Gujarat State Petronet Limited ₹31.72 Cr	Gas	0.81%
57	Vinati Organics Limited ₹30.93 Cr	Chemicals & Petrochemicals	0.79%
58	Century Plyboards (India) Limited ₹29.99 Cr	Consumer Durables	0.76%
59	Safari Industries India Ltd ₹29.91 Cr	Consumer Durables	0.76%
60	Blue Star Limited ₹28.54 Cr	Consumer Durables	0.72%
61	Sobha Limited ₹28.38 Cr	Realty	0.72%
62	Swiggy Limited ₹27.92 Cr	Retailing	0.71%
63	Exide Industries Limited ₹26.82 Cr	Auto Components	0.68%
64	Godrej Properties Limited ₹26.61 Cr	Realty	0.68%
65	UNO Minda Limited ₹26.39 Cr	Auto Components	0.67%
66	Mankind Pharma Limited ₹25.88 Cr	Pharmaceuticals & Biotechnology	0.66%
67	Doms Industries Limited ₹24.97 Cr	Household Products	0.63%
68	Zensar Technologies Limited ₹24.12 Cr	IT - Software	0.61%
69	Bajaj Auto Limited ₹23.69 Cr	Automobiles	0.60%
70	Coforge Limited ₹21.17 Cr	IT - Software	0.54%
71	Vishal Mega Mart Limited ₹20.86 Cr	Retailing	0.53%
72	Tata Consumer Products Limited ₹19.84 Cr	Agricultural Food & other Products	0.50%
73	Trent Limited ₹19.19 Cr	Retailing	0.49%
74	Siemens Limited ₹19.04 Cr	Electrical Equipment	0.48%
75	Syngene International Limited ₹18.66 Cr	Healthcare Services	0.47%
76	Meghmani Finechem Limited ₹14.79 Cr	Chemicals & Petrochemicals	0.38%