← JM Financial Mutual Fund

JM ELSS Tax Saver Fund (Direct) - Growth Option

ELSS Data as of Jul 2026 Comparing Jun 2026 → Jul 2026
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Stocks Held
54
Jul 2026
Equity Holdings
₹237.68 Cr
Equity only, excl. debt & cash
AAUM
₹201.56 Cr
Apr-Jun 2026 · Direct + Regular
Top 5 Weight
14.5%
Diversified
Top 10 Weight
27.1%
Diversified
Changes
56
5 new · 4 exits
Top Sector
Banks
12.2% of portfolio
Launch Date
24 Dec 2007
10+ year track record

AAUM (Average Assets Under Management) of ₹201.56 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 JM ELSS Tax Saver Fund (Direct) made 5 new additions and exited 4 stocks this month. The biggest new buy was SML Mahindra Limited (Agricultural, Commercial & Construction Vehicles) at 1.41% weight. Polycab India Limited was the biggest exit (Industrial Products), which was held at 2.53%. Among existing holdings, Belrise Industries Ltd. saw the biggest increase — now at 1.70% of the portfolio. Syrma SGS Technology Limited was trimmed the most, now at 2.95%. HDFC Bank Limited remains the top holding with Banks the dominant sector at 12.2%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.
Sector Shift Industry allocation month-over-month
May 2026 Jun 2026
Sector Prev Curr Delta
Banks 12.2% 12.4% +0.2%
Finance 10.3% 10.4% +0.1%
Automobiles 5.8% 5.5% -0.2%
Industrial Manufacturing 4.4% 5.3% +0.9%
IT - Software 6.0% 5.0% -1.1%
Retailing 3.2% 4.9% +1.7%
Industrial Products 4.5% 4.4% -0.1%
Pharmaceuticals & Biotechnology 4.6% 4.2% -0.4%
Construction 4.2% 4.0% -0.3%
Healthcare Services 2.2% 3.7% +1.6%
Jun 2026 Jul 2026
Sector Prev Curr Delta
Banks 12.4% 12.2% -0.2%
Finance 10.4% 10.7% +0.3%
Retailing 4.9% 6.0% +1.1%
IT - Software 5.0% 5.2% +0.3%
Automobiles 5.5% 4.8% -0.7%
Industrial Manufacturing 5.3% 4.5% -0.8%
Auto Components 2.7% 4.3% +1.6%
Pharmaceuticals & Biotechnology 4.2% 4.0% -0.2%
Commercial Services & Supplies 2.5% 3.8% +1.3%
Leisure Services 3.7% 3.6% -0.1%
🟢
Biggest New Buy
SML Mahindra Limited
1.41% weight · Agricultural, Commercial & Construction Vehicles
🔴
Biggest Exit
Polycab India Limited
2.53% was held · Industrial Products
Biggest Add
Belrise Industries Ltd.
+1.67% · now 1.70%
Biggest Trim
Syrma SGS Technology Limited
-0.62% · now 2.95%
🤝 Other funds also bought this month
Sagility Limited 15 funds
Sagility Limited
Kotak Technology Fund - Direct Plan - Growth Option
Baroda BNP Paribas Large & Mid Cap Fund
ICICI Prudential Quality Fund - Direct Plan - Growth + more
Redington Limited 8 funds
Redington Limited
quant Teck Fund
Old Bridge Flexi Cap Fund
ITI Value Fund - Direct Plan - Growth Option + more
SML Mahindra Limited 5 funds
SML Mahindra Limited
LIC MF Value Fund-Direct Plan-Growth
LIC MF Manufacturing Fund-Direct Plan-Growth
LIC MF Aggressive Hybrid Fund-Direct Plan-Growth + more
Finolex Cables Limited 4 funds
Finolex Cables Limited
SAMCO FLEXICAP FUND
Navi Nifty SmallCap250 Momentum Qlty 100
BANDHAN SMALL CAP FUND - DIRECT PLAN GROWTH + more
👋 Other funds also exited
Infosys Limited 53 funds
Infosys Limited
Axis IT ETF
Navi NiftyIT Index Fund - Direct Plan- Growth
Invesco India Technology Fund - Direct Plan - Growth + more
Max Healthcare Institute Limited 43 funds
Max Healthcare Institute Limited
Groww Nifty 50 ETF
Groww BSE Hospitals ETF FOF
Invesco India Large & Mid Cap Fund - Direct Plan - Growth + more
Polycab India Limited 30 funds
Polycab India Limited
Motilal Oswal Infrastructure Fund-Direct-Growth
Motilal Oswal Contra Fund
Motilal Oswal Nifty Midcap150 Momentum 50 ETF + more
Nuvama Wealth Management Limited 10 funds
Nuvama Wealth Management Limited
Groww Nifty Smallcap250 ETF
Invesco India - Invesco Pan European Equity Fund of Fund - Direct Plan - Growth Option
Groww Nifty Capital Markets ETF FOF + more

What Changed in the Portfolio This Month?

Comparing Jun 2026 → Jul 2026

Jun 2026 Jul 2026
🟢 5 New Entries 🔴 4 Exits ↑ 21 Increased ↓ 26 Decreased
#StockSectorWeight (Jul 2026)
1
SML Mahindra Limited
₹3.41 Cr
Agricultural, Commercial & Construction Vehicles 1.41%
2
Artemis Medicare Services Limited
₹3.05 Cr
Healthcare Services 1.26%
3
Finolex Cables Limited
₹2.97 Cr
Industrial Products 1.23%
4
Redington Limited
₹2.86 Cr
Commercial Services & Supplies 1.18%
5
Sagility Limited
₹1.76 Cr
IT - Services 0.73%
#StockSectorLast Weight (Jun 2026)
1
Polycab India Limited
₹5.88 Cr
Industrial Products 2.53%
2
Max Healthcare Institute Limited
₹5.64 Cr
Healthcare Services 2.42%
3
Nuvama Wealth Management Limited
₹2.40 Cr
Capital Markets 1.03%
4
Infosys Limited
₹2.33 Cr
IT - Software 1.00%
#StockSectorJun 2026Jul 2026Change
1
Belrise Industries Ltd.
₹4.12 Cr
Auto Components 0.03% 1.70% +1.67%
2
Aditya Vision Ltd
₹4.62 Cr
Retailing 0.93% 1.90% +0.97%
3
Coforge Limited
₹4.90 Cr
IT - Software 1.39% 2.02% +0.63%
4
Persistent Systems Limited
₹3.88 Cr
IT - Software 1.12% 1.60% +0.48%
5
Fortis Healthcare Limited
₹4.31 Cr
Healthcare Services 1.32% 1.78% +0.46%
6
One 97 Communications Limited
₹6.36 Cr
Financial Technology (Fintech) 2.33% 2.63% +0.30%
7
Adani Power Limited
₹3.57 Cr
Power 1.19% 1.47% +0.28%
8
Karur Vysya Bank Limited
₹6.81 Cr
Banks 2.54% 2.81% +0.27%
9
Bajaj Finance Limited
₹5.53 Cr
Finance 2.10% 2.28% +0.18%
10
Manappuram Finance Limited
₹4.62 Cr
Finance 1.73% 1.91% +0.18%
#StockSectorJun 2026Jul 2026Change
1
Syrma SGS Technology Limited
₹7.16 Cr
Industrial Manufacturing 3.57% 2.95% -0.62%
2
Larsen & Toubro Limited
₹4.40 Cr
Construction 2.44% 1.82% -0.62%
3
Maruti Suzuki India Limited
₹4.07 Cr
Automobiles 2.19% 1.68% -0.51%
4
HDFC Bank Limited
₹7.35 Cr
Banks 3.37% 3.03% -0.34%
5
Bajaj Auto Limited
₹4.15 Cr
Automobiles 2.01% 1.71% -0.30%
6
Apar Industries Limited
₹3.77 Cr
Electrical Equipment 1.77% 1.55% -0.22%
7
BSE Limited
₹4.56 Cr
Capital Markets 2.08% 1.88% -0.20%
8
KEC International Limited
₹3.16 Cr
Construction 1.51% 1.31% -0.20%
9
Max Financial Services Limited
₹3.96 Cr
Insurance 1.80% 1.63% -0.17%
10
Titagarh Rail Systems Limited
₹3.80 Cr
Industrial Manufacturing 1.74% 1.57% -0.17%

What Stocks Does This Fund Hold?

54 stocks — Jul 2026

# Stock Sector Cap Weight & Value
1
₹7.35 Cr
Banks
3.03%
2
₹7.16 Cr
Industrial Manufacturing
2.95%
3
₹6.98 Cr
Petroleum Products
2.88%
4
₹6.96 Cr
Banks
2.87%
5
₹6.81 Cr
Banks
2.81%
6
₹6.50 Cr
Telecom - Services
2.68%
7
₹6.36 Cr
Financial Technology (Fintech)
2.63%
8
₹6.22 Cr
Commercial Services & Supplies
2.57%
9
₹5.62 Cr
Beverages
2.32%
10
₹5.62 Cr
Retailing
2.32%
🏆 Top stocks held by ELSS funds
See which stocks all active ELSS fund managers are buying — ranked by total value invested
🏦 JM Financial Mutual Fund — Portfolio & Holdings
See all funds managed by JM Financial 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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