What stocks does Nippon India ELSS Tax Saver Fund hold?

Nippon India ELSS Tax Saver Fund holds a portfolio of Indian equity stocks disclosed monthly by Nippon India 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 Nippon India ELSS Tax Saver Fund?

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

What category is Nippon India ELSS Tax Saver Fund?

Nippon India ELSS Tax Saver Fund is classified as a ELSS mutual fund under SEBI's mutual fund categorisation framework.

How often is Nippon India ELSS Tax Saver Fund portfolio data updated?

Portfolio holdings for Nippon India 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.

← Nippon India Mutual Fund

Nippon India ELSS Tax Saver Fund - Direct Plan Growth Plan - Growth Option

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

Share: WhatsApp X

⌕

Stocks Held

Aug 2026

Equity Holdings

₹14,521.16 Cr

Equity only, excl. debt & cash

AAUM

₹13,523.35 Cr

Apr-Jun 2026 · Direct + Regular

Top 5 Weight

25.2%

Moderate

Top 10 Weight

39.6%

Diversified

Changes

1 new · 4 exits

Top Sector

Banks

23.5% of portfolio

Launch Date

25 Jul 2005

10+ year track record

AAUM (Average Assets Under Management) of ₹13,523.35 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 Nippon India ELSS Tax Saver Fund made 1 new addition and exited 4 stocks this month. The biggest new buy was Kotak Mahindra Bank Limited (Banks) at 1.14% weight. Sun Pharmaceutical Industries Limited was the biggest exit (Pharmaceuticals & Biotechnology), which was held at 0.93%. Among existing holdings, HDFC Bank Limited saw the biggest increase — now at 6.60% of the portfolio. Power Finance Corporation Limited was trimmed the most, now at 2.08%. ICICI Bank Limited remains the top holding with Banks the dominant sector at 23.5%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.

How Has the NAV Performed?

1 year history · Nippon India ELSS Tax Saver Fund - Direct Plan Growth Plan - Growth Option

-3.08%

-1.46%

+6.56%

-0.06%

Latest NAV

₹142.04

11 Sep 2026

52W High

₹148.02

-4% from High

52W Low

₹122.51

+16% from Low

Calendar Year Returns

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

2025

+6.7%

2024

+18.4%

2023

+29.5%

2022

+7.7%

2021

+38.6%

2020

+0.3%

2019

+2.2%

2018

-19.9%

2017

+47.5%

Rolling Returns

Performance across every possible investment start date.

1Y Rolling Avg

14.9%

+ve in 76% windows

87.2% / -38.1%

3Y Rolling Avg

12.8% p.a.

+ve in 86% windows

34.2% / -13.5%

5Y Rolling Avg

14.1% p.a.

+ve in 100% windows

30.6% / 2.8%

Crisis Period Behaviour

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

2024–25 Tariff

-19.7%

Rec: Aug 2026 (2yr 1mo)

COVID-19 Crash

-38.5%

Rec: Dec 2020 (1yr 1mo)

2022 Rate Hike

-16.7%

Rec: Sep 2022 (4 mo)

2018 IL&FS

-16.1%

Rec: Jan 2021 (3yr 3mo)

Risk Ratios

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

Sharpe Ratio (3Y)

0.50

Return per unit of risk. >1 is good.

Sortino Ratio (3Y)

0.68

Penalises downside volatility only.

Std Deviation (3Y)

14.3%

Lower = more consistent returns.

NAV Chart ₹142.04 11 Sep 2026

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

Nippon India ELSS Tax Saver Fund - Direct Plan Growth Plan - Growth Option

Chart shows indexed performance (base = 100). Actual NAV: ₹142.04

Sector Shift Industry allocation month-over-month

Jun 2026 → Jul 2026

Sector	Prev	Curr ▼	Delta
Banks	22.1%	21.7%	▼ -0.5%
Finance	9.0%	9.1%	▲ +0.2%
Beverages	6.1%	6.5%	▲ +0.4%
Power	6.6%	6.4%	▼ -0.2%
Pharmaceuticals & Biotechnology	5.6%	5.8%	▲ +0.3%
Retailing	4.5%	5.2%	▲ +0.7%
Auto Components	4.8%	4.7%	▼ -0.1%
Telecom - Services	3.6%	4.0%	▲ +0.4%
Insurance	3.8%	3.6%	▼ -0.1%
IT - Software	3.1%	3.5%	▲ +0.4%

Jul 2026 → Aug 2026

Sector	Prev	Curr ▼	Delta
Banks	21.7%	23.5%	▲ +1.8%
Finance	9.1%	8.1%	▼ -1.0%
Beverages	6.5%	6.6%	● +0.1%
Power	6.4%	6.2%	▼ -0.2%
Pharmaceuticals & Biotechnology	5.8%	6.0%	▲ +0.2%
Retailing	5.2%	5.6%	▲ +0.4%
Auto Components	4.7%	4.7%	● 0.0%
Telecom - Services	4.0%	3.8%	▼ -0.2%
Insurance	3.6%	3.6%	● 0.0%
IT - Software	3.5%	3.6%	● +0.1%

🟢

Biggest New Buy

Kotak Mahindra Bank Limited

1.14% weight · Banks

🔴

Biggest Exit

Sun Pharmaceutical Industries Limited

0.93% was held · Pharmaceuticals & Biotechnology

↑

Biggest Add

HDFC Bank Limited

+0.48% · now 6.60%

↓

Biggest Trim

Power Finance Corporation Limited

-0.51% · now 2.08%

🤝 Other funds also bought this month

Kotak Mahindra Bank Limited 41 funds

👋 Other funds also exited

Sun Pharmaceutical Industries Limited 42 funds

Larsen & Toubro Limited 34 funds

Havells India Limited 13 funds

Astral Limited 12 funds

What Changed in the Portfolio This Month?

Comparing Jul 2026 → Aug 2026

Jul 2026 → Aug 2026

🟢 1 New Entry 🔴 4 Exits ↑ 28 Increased ↓ 30 Decreased

#	Stock	Sector	Weight (Aug 2026)
1	Kotak Mahindra Bank Limited ₹167.76 Cr	Banks	1.14%

#	Stock	Sector	Last Weight (Jul 2026)
1	Sun Pharmaceutical Industries Limited ₹139.34 Cr	Pharmaceuticals & Biotechnology	0.93%
2	Havells India Limited ₹75.64 Cr	Consumer Durables	0.51%
3	Astral Limited ₹57.94 Cr	Industrial Products	0.39%
4	Larsen & Toubro Limited ₹19.69 Cr	Construction	0.13%

#	Stock	Sector	Jul 2026	Aug 2026	Change
1	HDFC Bank Limited ₹971.33 Cr	Banks	6.12%	6.60%	+0.48%
2	Mankind Pharma Limited ₹216.66 Cr	Pharmaceuticals & Biotechnology	1.06%	1.47%	+0.41%
3	Divi's Laboratories Limited ₹350.28 Cr	Pharmaceuticals & Biotechnology	2.00%	2.38%	+0.38%
4	Cyient Limited ₹173.10 Cr	IT - Services	0.84%	1.18%	+0.34%
5	Gland Pharma Limited ₹317.44 Cr	Pharmaceuticals & Biotechnology	1.85%	2.16%	+0.31%
6	Axis Bank Limited ₹611.00 Cr	Banks	3.88%	4.15%	+0.27%
7	Trent Limited ₹115.34 Cr	Retailing	0.52%	0.78%	+0.26%
8	Healthcare Global Enterprises Limited ₹271.75 Cr	Healthcare Services	1.67%	1.85%	+0.18%
9	NTPC Green Energy Limited ₹68.55 Cr	Power	0.31%	0.47%	+0.16%
10	State Bank of India ₹519.40 Cr	Banks	3.38%	3.53%	+0.15%
11	Radico Khaitan Limited ₹381.23 Cr	Beverages	2.47%	2.59%	+0.12%
12	LG Electronics India Ltd ₹101.87 Cr	Consumer Durables	0.60%	0.69%	+0.09%
13	Max Financial Services Limited ₹189.06 Cr	Insurance	1.21%	1.28%	+0.07%
14	Union Bank of India ₹94.32 Cr	Banks	0.57%	0.64%	+0.07%
15	GE Vernova T&D India Limited ₹212.04 Cr	Electrical Equipment	1.38%	1.44%	+0.06%
16	Titan Company Limited ₹163.28 Cr	Consumer Durables	1.05%	1.11%	+0.06%
17	Info Edge (India) Limited ₹124.03 Cr	Retailing	0.78%	0.84%	+0.06%
18	Infosys Limited ₹430.84 Cr	IT - Software	2.88%	2.93%	+0.05%
19	Wheels India Limited ₹74.23 Cr	Auto Components	0.45%	0.50%	+0.05%
20	Eternal Limited ₹360.91 Cr	Retailing	2.43%	2.45%	+0.02%
21	Tata Consultancy Services Limited ₹95.97 Cr	IT - Software	0.63%	0.65%	+0.02%
22	Hindustan Aeronautics Limited ₹93.32 Cr	Aerospace & Defense	0.61%	0.63%	+0.02%
23	Carborundum Universal Limited ₹66.40 Cr	Industrial Products	0.43%	0.45%	+0.02%
24	The Indian Hotels Company Limited ₹227.19 Cr	Leisure Services	1.53%	1.54%	+0.01%
25	Avenue Supermarts Limited ₹222.30 Cr	Retailing	1.50%	1.51%	+0.01%
26	Timken India Limited ₹109.22 Cr	Industrial Products	0.73%	0.74%	+0.01%
27	Siemens Energy India Limited ₹74.89 Cr	Electrical Equipment	0.50%	0.51%	+0.01%
28	InterGlobe Aviation Limited ₹52.34 Cr	Transport Services	0.35%	0.36%	+0.01%

#	Stock	Sector	Jul 2026	Aug 2026	Change
1	Power Finance Corporation Limited ₹306.41 Cr	Finance	2.59%	2.08%	-0.51%
2	ICICI Bank Limited ₹1,090.50 Cr	Banks	7.70%	7.41%	-0.29%
3	TVS HOLDINGS LIMTED ₹351.47 Cr	Finance	2.62%	2.39%	-0.23%
4	Bharti Airtel Limited ₹414.93 Cr	Telecom - Services	3.03%	2.82%	-0.21%
5	REC Limited ₹200.45 Cr	Finance	1.55%	1.36%	-0.19%
6	NTPC Limited ₹458.36 Cr	Power	3.26%	3.11%	-0.15%
7	NLC India Limited ₹199.06 Cr	Power	1.49%	1.35%	-0.14%
8	BSE Limited ₹164.10 Cr	Capital Markets	1.22%	1.11%	-0.11%
9	Tata Power Company Limited ₹183.91 Cr	Power	1.35%	1.25%	-0.10%
10	Linde India Limited ₹148.41 Cr	Chemicals & Petrochemicals	1.10%	1.01%	-0.09%
11	KSB Limited ₹213.89 Cr	Industrial Products	1.52%	1.45%	-0.07%
12	Crompton Greaves Consumer Electricals Limited ₹117.95 Cr	Consumer Durables	0.87%	0.80%	-0.07%
13	Samvardhana Motherson International Limited ₹512.04 Cr	Auto Components	3.54%	3.48%	-0.06%
14	SBI Life Insurance Company Limited ₹139.24 Cr	Insurance	1.01%	0.95%	-0.06%
15	United Breweries Limited ₹104.68 Cr	Beverages	0.76%	0.71%	-0.05%
16	Tatva Chintan Pharma Chem Ltd. ₹84.05 Cr	Chemicals & Petrochemicals	0.62%	0.57%	-0.05%
17	Blue Star Limited ₹49.07 Cr	Consumer Durables	0.38%	0.33%	-0.05%
18	Mahindra & Mahindra Limited ₹262.56 Cr	Automobiles	1.82%	1.78%	-0.04%
19	ICICI Lombard General Insurance Company Limited ₹203.70 Cr	Insurance	1.42%	1.38%	-0.04%
20	Jio Financial Services Limited ₹130.33 Cr	Finance	0.93%	0.89%	-0.04%
21	Adani Ports and Special Economic Zone Limited ₹127.45 Cr	Transport Infrastructure	0.91%	0.87%	-0.04%
22	Ambuja Cements Limited ₹108.31 Cr	Cement & Cement Products	0.78%	0.74%	-0.04%
23	Reliance Industries Limited ₹434.18 Cr	Petroleum Products	2.98%	2.95%	-0.03%
24	Coal India Limited ₹273.19 Cr	Consumable Fuels	1.89%	1.86%	-0.03%
25	Cholamandalam Financial Holdings Limited ₹207.97 Cr	Finance	1.44%	1.41%	-0.03%
26	3M India Limited ₹161.94 Cr	Diversified	1.13%	1.10%	-0.03%
27	Tata Consumer Products Limited ₹145.45 Cr	Agricultural Food & other Products	1.02%	0.99%	-0.03%
28	Angel One Limited ₹142.34 Cr	Capital Markets	0.99%	0.97%	-0.02%
29	Automotive Axles Ltd ₹98.81 Cr	Auto Components	0.69%	0.67%	-0.02%
30	United Spirits Limited ₹238.40 Cr	Beverages	1.63%	1.62%	-0.01%

What Stocks Does This Fund Hold?

61 stocks — Aug 2026

#	Stock	Sector	Weight & Value
1	ICICI Bank Limited ₹1,090.50 Cr	Banks	7.41%
2	HDFC Bank Limited ₹971.33 Cr	Banks	6.60%
3	Axis Bank Limited ₹611.00 Cr	Banks	4.15%
4	State Bank of India ₹519.40 Cr	Banks	3.53%
5	Samvardhana Motherson International Limited ₹512.04 Cr	Auto Components	3.48%
6	NTPC Limited ₹458.36 Cr	Power	3.11%
7	Reliance Industries Limited ₹434.18 Cr	Petroleum Products	2.95%
8	Infosys Limited ₹430.84 Cr	IT - Software	2.93%
9	Bharti Airtel Limited ₹414.93 Cr	Telecom - Services	2.82%
10	Radico Khaitan Limited ₹381.23 Cr	Beverages	2.59%
11	Eternal Limited ₹360.91 Cr	Retailing	2.45%
12	TVS HOLDINGS LIMTED ₹351.47 Cr	Finance	2.39%
13	Divi's Laboratories Limited ₹350.28 Cr	Pharmaceuticals & Biotechnology	2.38%
14	Gland Pharma Limited ₹317.44 Cr	Pharmaceuticals & Biotechnology	2.16%
15	Power Finance Corporation Limited ₹306.41 Cr	Finance	2.08%
16	Coal India Limited ₹273.19 Cr	Consumable Fuels	1.86%
17	Healthcare Global Enterprises Limited ₹271.75 Cr	Healthcare Services	1.85%
18	Mahindra & Mahindra Limited ₹262.56 Cr	Automobiles	1.78%
19	Varun Beverages Limited ₹244.27 Cr	Beverages	1.66%
20	United Spirits Limited ₹238.40 Cr	Beverages	1.62%
21	The Indian Hotels Company Limited ₹227.19 Cr	Leisure Services	1.54%
22	Avenue Supermarts Limited ₹222.30 Cr	Retailing	1.51%
23	Mankind Pharma Limited ₹216.66 Cr	Pharmaceuticals & Biotechnology	1.47%
24	KSB Limited ₹213.89 Cr	Industrial Products	1.45%
25	GE Vernova T&D India Limited ₹212.04 Cr	Electrical Equipment	1.44%
26	Cholamandalam Financial Holdings Limited ₹207.97 Cr	Finance	1.41%
27	ICICI Lombard General Insurance Company Limited ₹203.70 Cr	Insurance	1.38%
28	REC Limited ₹200.45 Cr	Finance	1.36%
29	NLC India Limited ₹199.06 Cr	Power	1.35%
30	Max Financial Services Limited ₹189.06 Cr	Insurance	1.28%
31	Tata Power Company Limited ₹183.91 Cr	Power	1.25%
32	Cyient Limited ₹173.10 Cr	IT - Services	1.18%
33	Kotak Mahindra Bank Limited ₹167.76 Cr	Banks	1.14%
34	BSE Limited ₹164.10 Cr	Capital Markets	1.11%
35	Titan Company Limited ₹163.28 Cr	Consumer Durables	1.11%
36	3M India Limited ₹161.94 Cr	Diversified	1.10%
37	Linde India Limited ₹148.41 Cr	Chemicals & Petrochemicals	1.01%
38	Indus Towers Limited ₹147.75 Cr	Telecom - Services	1.00%
39	Tata Consumer Products Limited ₹145.45 Cr	Agricultural Food & other Products	0.99%
40	Angel One Limited ₹142.34 Cr	Capital Markets	0.97%
41	SBI Life Insurance Company Limited ₹139.24 Cr	Insurance	0.95%
42	Jio Financial Services Limited ₹130.33 Cr	Finance	0.89%
43	Adani Ports and Special Economic Zone Limited ₹127.45 Cr	Transport Infrastructure	0.87%
44	Info Edge (India) Limited ₹124.03 Cr	Retailing	0.84%
45	Crompton Greaves Consumer Electricals Limited ₹117.95 Cr	Consumer Durables	0.80%
46	Trent Limited ₹115.34 Cr	Retailing	0.78%
47	Timken India Limited ₹109.22 Cr	Industrial Products	0.74%
48	Ambuja Cements Limited ₹108.31 Cr	Cement & Cement Products	0.74%
49	United Breweries Limited ₹104.68 Cr	Beverages	0.71%
50	LG Electronics India Ltd ₹101.87 Cr	Consumer Durables	0.69%
51	Automotive Axles Ltd ₹98.81 Cr	Auto Components	0.67%
52	Tata Consultancy Services Limited ₹95.97 Cr	IT - Software	0.65%
53	Union Bank of India ₹94.32 Cr	Banks	0.64%
54	Hindustan Aeronautics Limited ₹93.32 Cr	Aerospace & Defense	0.63%
55	Tatva Chintan Pharma Chem Ltd. ₹84.05 Cr	Chemicals & Petrochemicals	0.57%
56	Siemens Energy India Limited ₹74.89 Cr	Electrical Equipment	0.51%
57	Wheels India Limited ₹74.23 Cr	Auto Components	0.50%
58	NTPC Green Energy Limited ₹68.55 Cr	Power	0.47%
59	Carborundum Universal Limited ₹66.40 Cr	Industrial Products	0.45%
60	InterGlobe Aviation Limited ₹52.34 Cr	Transport Services	0.36%
61	Blue Star Limited ₹49.07 Cr	Consumer Durables	0.33%