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

ELSS Data as of May 2026 Comparing Apr 2026 → May 2026
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Stocks Held
64
May 2026
Equity Holdings
₹48.11 Cr
Equity only, excl. debt & cash
Top 5 Weight
25.0%
Moderate
Top 10 Weight
36.9%
Diversified
Changes
64
4 new · 8 exits
Top Sector
Banks
25.2% of portfolio
📋 What Happened This Month Groww ELSS Tax Saver Fund (formerly known as Indiabulls Tax Savings Fund) made 4 new additions and exited 8 stocks this month. The biggest new buy was Lupin Limited (Pharmaceuticals & Biotechnology) at 1.63% weight. Cipla Limited was the biggest exit (Pharmaceuticals & Biotechnology), which was held at 2.44%. Among existing holdings, Suzlon Energy Limited saw the biggest increase — now at 1.04% of the portfolio. State Bank of India was trimmed the most, now at 2.84%. HDFC Bank Limited remains the top holding with Banks the dominant sector at 25.2%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.
Sector Shift Industry allocation month-over-month
Mar 2026 Apr 2026
Sector Prev Curr Delta
Banks 26.4% 26.3% -0.1%
Pharmaceuticals & Biotechnology 3.4% 7.1% +3.7%
Automobiles 6.2% 7.0% +0.8%
Petroleum Products 6.6% 5.8% -0.8%
IT - Software 5.8% 5.2% -0.7%
Retailing 4.3% 3.8% -0.5%
Finance 2.8% 3.8% +1.0%
Telecom - Services 3.4% 3.3% -0.1%
Construction 3.1% 3.3% +0.2%
Ferrous Metals 2.8% 2.8% +0.1%
Apr 2026 May 2026
Sector Prev Curr Delta
Banks 26.3% 25.2% -1.2%
Automobiles 7.0% 7.4% +0.4%
Petroleum Products 5.8% 5.5% -0.4%
IT - Software 5.2% 5.1% -0.1%
Pharmaceuticals & Biotechnology 7.1% 4.9% -2.2%
Telecom - Services 3.3% 3.5% +0.2%
Finance 3.8% 3.5% -0.3%
Construction 3.3% 3.3% +0.1%
Non - Ferrous Metals 2.6% 3.0% +0.4%
Retailing 3.8% 2.9% -0.9%
🟢
Biggest New Buy
Lupin Limited
1.63% weight · Pharmaceuticals & Biotechnology
🔴
Biggest Exit
Cipla Limited
2.44% was held · Pharmaceuticals & Biotechnology
Biggest Add
Suzlon Energy Limited
+0.89% · now 1.04%
Biggest Trim
State Bank of India
-0.50% · now 2.84%
🤝 Other funds also bought this month
Bajaj Auto Limited 34 funds
Bajaj Auto Limited
ICICI Prudential Nifty Auto Index Fund - Direct Plan - Growth
Bandhan Multi-Factor Fund - Direct Plan - Growth
Bajaj Finserv Balanced Advantage Fund-Direct Plan-Growth + more
Lupin Limited 26 funds
Lupin Limited
Baroda BNP Paribas Innovation Fund Direct plan - Growth Option
Mirae Asset Multicap Fund - Direct Plan - Growth
Baroda BNP Paribas Flexi Cap Fund - Direct Plan - Growth Option + more
Godrej Consumer Products Limited 25 funds
Godrej Consumer Products Limited
DSP NIFTY FMCG ETF
BAJAJ FINSERV LARGE CAP FUND - DIRECT PLAN - GROWTH
ICICI Prudential Manufacturing Fund + more
Navin Fluorine International Limited 19 funds
Navin Fluorine International Limited
LIC MF Balanced Advantage Fund-Direct Plan-Growth
Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF
Kotak Active Momentum Fund - Direct Plan - Growth option + more
👋 Other funds also exited
Eternal Limited 20 funds
Eternal Limited
BARODA BNP PARIBAS ELSS Tax Saver Fund - Direct Plan - Growth Option
THE WEALTH COMPANY SMALL CAP FUND
THE WEALTH COMPANY BALANCED ADVANTAGE FUND + more
Cipla Limited 17 funds
Cipla Limited
BAJAJ FINSERV HEALTHCARE FUND - DIRECT - GROWTH
ICICI Prudential Equity Minimum Variance Fund - Direct Plan - Growth
LIC MF Healthcare Fund-Direct Plan-Growth + more
Eicher Motors Limited 13 funds
Eicher Motors Limited
Bandhan Nifty 500 Momentum 50 Index Fund Direct Plan-Growth
CAPITALMIND FLEXI CAP FUND DIRECT GROWTH
BAJAJ FINSERV ELSS TAX SAVER FUND - DIRECT - GROWTH + more
Dr. Reddy's Laboratories Limited 12 funds
Dr. Reddy's Laboratories Limited
BAJAJ FINSERV HEALTHCARE FUND - DIRECT - GROWTH
ICICI Prudential Value Fund (erstwhile Value Discovery Fund) - Direct Plan - Growth
Nippon India Focused Fund - Direct Plan Growth Plan - Growth Option + more
Tata Motors Passenger Vehicles Limited 11 funds
Tata Motors Passenger Vehicles Limited
Bandhan Nifty 500 Value 50 Index Fund
ICICI Prudential Value Fund (erstwhile Value Discovery Fund) - Direct Plan - Growth
Sundaram Value Fund Direct Plan - Growth + more
Bharat Heavy Electricals Limited 9 funds
Bharat Heavy Electricals Limited
Mahindra Manulife Mid Cap Fund - Direct Plan -Growth
BAJAJ FINSERV MULTI CAP FUND - DIRECT - GROWTH
Bandhan Nifty Midcap 150 Index Fund-Direct Plan-Growth + more

What Changed in the Portfolio This Month?

Comparing Apr 2026 → May 2026

Apr 2026 May 2026
🟢 4 New Entries 🔴 8 Exits ↑ 25 Increased ↓ 27 Decreased
#StockSectorWeight (May 2026)
1
Lupin Limited
₹81.00 L
Pharmaceuticals & Biotechnology 1.63%
2
Navin Fluorine International Limited
₹46.05 L
Chemicals & Petrochemicals 0.93%
3
Bajaj Auto Limited
₹34.10 L
Automobiles 0.69%
4
Godrej Consumer Products Limited
₹25.30 L
Personal Products 0.51%
#StockSectorLast Weight (Apr 2026)
1
Cipla Limited
₹1.21 Cr
Pharmaceuticals & Biotechnology 2.44%
2
Dr. Reddy's Laboratories Limited
₹97.03 L
Pharmaceuticals & Biotechnology 1.95%
3
Godrej Properties Limited
₹52.39 L
Realty 1.05%
4
Eicher Motors Limited
₹47.84 L
Automobiles 0.96%
5
Eternal Limited
₹43.89 L
Retailing 0.88%
6
Bharat Heavy Electricals Limited
₹28.06 L
Electrical Equipment 0.56%
7
Tata Motors Passenger Vehicles Limited
₹12.13 L
Automobiles 0.24%
8
Bank of Maharashtra
₹9.89 L
Banks 0.20%
#StockSectorApr 2026May 2026Change
1
Suzlon Energy Limited
₹51.86 L
Electrical Equipment 0.15% 1.04% +0.89%
2
Hero MotoCorp Limited
₹90.75 L
Automobiles 0.98% 1.83% +0.85%
3
Vedanta Limited
₹66.83 L
Diversified Metals 0.52% 1.34% +0.82%
4
Aurobindo Pharma Limited
₹55.84 L
Pharmaceuticals & Biotechnology 0.66% 1.12% +0.46%
5
National Aluminium Company Limited
₹66.24 L
Non - Ferrous Metals 1.02% 1.33% +0.31%
6
UPL Limited
₹56.90 L
Fertilizers & Agrochemicals 0.89% 1.14% +0.25%
7
Mahindra & Mahindra Limited
₹1.13 Cr
Automobiles 2.10% 2.28% +0.18%
8
ICICI Bank Limited
₹2.85 Cr
Banks 5.56% 5.73% +0.17%
9
Bharti Airtel Limited
₹1.74 Cr
Telecom - Services 3.34% 3.50% +0.16%
10
Ashok Leyland Limited
₹1.18 Cr
Agricultural, Commercial & Construction Vehicles 2.23% 2.38% +0.15%
#StockSectorApr 2026May 2026Change
1
State Bank of India
₹1.41 Cr
Banks 3.34% 2.84% -0.50%
2
Reliance Industries Limited
₹2.72 Cr
Petroleum Products 5.83% 5.48% -0.35%
3
Hindustan Unilever Limited
₹47.79 L
Diversified FMCG 1.22% 0.96% -0.26%
4
Shriram Finance Limited
₹51.36 L
Finance 1.22% 1.03% -0.19%
5
The Federal Bank Limited
₹92.41 L
Banks 2.02% 1.86% -0.16%
6
IndusInd Bank Limited
₹68.72 L
Banks 1.53% 1.38% -0.15%
7
Kotak Mahindra Bank Limited
₹1.02 Cr
Banks 2.19% 2.05% -0.14%
8
ITC Limited
₹72.24 L
Diversified FMCG 1.59% 1.45% -0.14%
9
Fortis Healthcare Limited
₹49.94 L
Healthcare Services 1.11% 1.00% -0.11%
10
Maruti Suzuki India Limited
₹68.92 L
Automobiles 1.49% 1.39% -0.10%

What Stocks Does This Fund Hold?

64 stocks — May 2026

# Stock Sector Cap Weight & Value
1
₹3.48 Cr
Banks
6.99%
2
₹2.85 Cr
Banks
5.73%
3
₹2.72 Cr
Petroleum Products
5.48%
4
₹1.74 Cr
Telecom - Services
3.50%
5
₹1.66 Cr
Construction
3.33%
6
₹1.41 Cr
Banks
2.84%
7
₹1.18 Cr
Agricultural, Commercial & Construction Vehicles
2.38%
8
₹1.14 Cr
IT - Software
2.30%
9
₹1.13 Cr
Automobiles
2.28%
10
₹1.02 Cr
Banks
2.05%
🏆 Top stocks held by ELSS funds
See which stocks all active ELSS fund managers are buying — ranked by total value invested
🏦 Groww Mutual Fund — Portfolio & Holdings
See all funds managed by Groww Mutual Fund — conviction stocks, monthly entries & exits

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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