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ELSS (tax saving) · HDFC Mutual Fund · AMFI code 101979HDFC ELSS - Tax Saver Fund
Disclosed for 10 months, Jan 2026 to Oct 2026.Formerly HDFC ELSS Tax saver (Jan 2026 – Jul 2026)Published as: HDFC ELSS - Tax Saver Fund (An Open-ended Equity Linked Savings Scheme with a statutory lock in of 3 years and tax benefit). (Formerly known as HDFC ELSS Tax Saver)
Portfolio value
₹15,108 Cr
up ₹160 Cr vs Sep 2026
- Stocks held
- 61
- unchanged
- Top 10 weight
- 51.2%
- of the portfolio in its ten largest
- Cash & debt
- 1.1%
- cash, money market and debt
- Moves this month
- 2 in · 2 out
- added to 10, trimmed 34
Holdings as of the end of October 2026, from HDFC Mutual Fund’s monthly portfolio disclosure. Fund houses publish each month’s portfolio within 10 days of the month end, and this page is updated after they do. How the data is checked
HDFC ELSS - Tax Saver Fund is an active equity fund in the ELSS (tax saving) category from HDFC Mutual Fund. In October 2026 it disclosed 61 stocks worth ₹15,108 Cr, up ₹160 Cr from Sep 2026. Its largest positions were ICICI Bank Limited (9.5%), HDFC Bank Limited (7.6%), Axis Bank Limited (6.4%); the ten largest together made up 51.2% of the portfolio, and Banks was the biggest sector at 35.1% of its equity. Cash and debt stood at 1.1%. Compared with Sep 2026 the fund entered 2 new stocks and exited 2.
Against 48 other ELSS (tax saving) funds
Concentration
85%
Top-10 weight is higher than 85% of peers
Breadth
69%
Holds more stocks than 69% of peers
Cash
19%
Holds more cash than 19% of peers
What these mean: concentration · cash
Holdings in October 2026
Download CSVEvery line the fund disclosed, with the change against Sep 2026. Click a column to sort; click a company to see every fund that owns it. New to these? How to read a portfolio.
| ICICI Bank Limited | 9.48% | up 0.42 pts | ₹1,433 Cr | up ₹78.2 Cr | Added |
| HDFC Bank Limited | 7.61% | down 0.26 pts | ₹1,150 Cr | down ₹26.4 Cr | Trimmed |
| Axis Bank Limited | 6.44% | down 0.12 pts | ₹974 Cr | down ₹7.2 Cr | Trimmed |
| Kotak Mahindra Bank Limited | 5.35% | up 0.46 pts | ₹808 Cr | up ₹78 Cr | Added |
| Bharti Airtel Limited | 4.95% | up 0.50 pts | ₹748 Cr | up ₹82.1 Cr | Added |
| State Bank of India | 4.46% | down 0.04 pts | ₹673 Cr | up ₹1.6 Cr | Held |
| Maruti Suzuki India Limited | 4.15% | down 0.25 pts | ₹627 Cr | down ₹31.3 Cr | Trimmed |
| HCL Technologies Limited | 3.38% | up 0.44 pts | ₹511 Cr | up ₹70.8 Cr | Added |
| SBI Life Insurance Company Limited | 2.78% | down 0.42 pts | ₹421 Cr | down ₹58.5 Cr | Trimmed |
| Reliance Industries Limited | 2.56% | down 0.08 pts | ₹387 Cr | down ₹7.3 Cr | Trimmed |
| Eternal Limited | 2.56% | up 0.15 pts | ₹387 Cr | up ₹26.6 Cr | Added |
| Hyundai Motor India Ltd | 2.53% | down 0.19 pts | ₹382 Cr | down ₹24 Cr | Trimmed |
| Bajaj Auto Limited | 1.77% | down 0.11 pts | ₹267 Cr | down ₹13.5 Cr | Trimmed |
| Apollo Hospitals Enterprise Limited | 1.68% | up 0.18 pts | ₹253 Cr | up ₹28.9 Cr | Added |
| Tata Steel Limited | 1.66% | down 0.19 pts | ₹251 Cr | down ₹25 Cr | Trimmed |
| Larsen & Toubro Limited | 1.62% | up 0.03 pts | ₹244 Cr | up ₹7.1 Cr | Added |
| Britannia Industries Limited | 1.61% | down 0.08 pts | ₹243 Cr | down ₹10 Cr | Trimmed |
| JSW Steel Limited | 1.52% | down 0.03 pts | ₹230 Cr | down ₹1.4 Cr | Trimmed |
| Dr. Lal Path Labs Limited | 1.44% | down 0.08 pts | ₹217 Cr | down ₹9.2 Cr | Trimmed |
| Karur Vysya Bank Limited | 1.41% | up 0.11 pts | ₹214 Cr | up ₹18.8 Cr | Added |
| Bosch Limited | 1.41% | down 0.01 pts | ₹212 Cr | up ₹45 L | Held |
| InterGlobe Aviation Limited | 1.32% | down 0.04 pts | ₹200 Cr | down ₹4.4 Cr | Trimmed |
| Hindustan Aeronautics Limited | 1.20% | up 0.03 pts | ₹182 Cr | up ₹7 Cr | Added |
| Tech Mahindra Limited | 1.19% | up 0.17 pts | ₹179 Cr | up ₹26.7 Cr | Added |
| Alkem Laboratories Limited | 1.18% | down 0.02 pts | ₹179 Cr | down ₹1.8 Cr | Trimmed |
| Jubilant Foodworks Limited | 1.18% | down 0.03 pts | ₹179 Cr | down ₹2.3 Cr | Trimmed |
| MphasiS Limited | 1.17% | up 0.16 pts | ₹177 Cr | up ₹26 Cr | Added |
| Metropolis Healthcare Limited | 1.16% | down <0.01 pts | ₹175 Cr | up ₹1.3 Cr | Added |
| Infosys Limited | 1.14% | up 0.17 pts | ₹172 Cr | up ₹27.7 Cr | Added |
| Cipla Limited | 1.13% | up 0.02 pts | ₹170 Cr | up ₹4.1 Cr | Added |
| ICICI Lombard General Insurance Company Limited | 1.09% | down 0.02 pts | ₹164 Cr | down ₹96 L | Trimmed |
| JSW Energy Limited | 1.08% | up 0.10 pts | ₹163 Cr | up ₹17.2 Cr | Added |
| Star Health And Allied Insurance Company Limited | 1.05% | down 0.02 pts | ₹159 Cr | down ₹1.3 Cr | Trimmed |
| United Spirits Limited | 1.00% | down 0.03 pts | ₹151 Cr | down ₹2.3 Cr | Trimmed |
| Power Grid Corporation of India Limited | 0.96% | down 0.14 pts | ₹144 Cr | down ₹19 Cr | Trimmed |
| Lupin Limited | 0.93% | down 0.02 pts | ₹141 Cr | down ₹1.3 Cr | Trimmed |
| Cummins India Limited | 0.93% | up 0.24 pts | ₹140 Cr | up ₹37.9 Cr | Added |
| ICICI Prudential Asset Management Company Limited | 0.90% | down 0.15 pts | ₹135 Cr | down ₹21.5 Cr | Trimmed |
| 360 One WAM Limited | 0.88% | up 0.09 pts | ₹133 Cr | up ₹14.5 Cr | Added |
| Eicher Motors Limited | 0.86% | down <0.01 pts | ₹130 Cr | up ₹1.3 Cr | Added |
| PB Fintech Limited | 0.84% | up 0.01 pts | ₹128 Cr | up ₹2.5 Cr | Added |
| Godrej Consumer Products Limited | 0.79% | up 0.05 pts | ₹119 Cr | up ₹8.1 Cr | Added |
| Hindustan Unilever Limited | 0.77% | up 0.01 pts | ₹116 Cr | up ₹2.9 Cr | Added |
| Chalet Hotels Limited | 0.76% | down 0.05 pts | ₹115 Cr | down ₹5.7 Cr | Trimmed |
| Cash, TREPS & receivables | 0.76% | up 0.39 pts | ₹115 Cr | up ₹59 Cr | Added |
| Havells India Limited | 0.72% | down 0.01 pts | ₹109 Cr | down ₹24 L | Held |
| Mahindra & Mahindra Limited | 0.66% | down 0.03 pts | ₹99.4 Cr | down ₹3.8 Cr | Trimmed |
| Bharat Electronics Limited | 0.53% | down 0.03 pts | ₹80 Cr | down ₹4 Cr | Trimmed |
| Birla Corporation Limited | 0.51% | down 0.05 pts | ₹77.6 Cr | down ₹6.4 Cr | Trimmed |
| Life Insurance Corporation Of India | 0.47% | down 0.06 pts | ₹71.1 Cr | down ₹7.9 Cr | Trimmed |
What changed, Sep 2026 to Oct 2026
New New positions (2)
- Hitachi Energy India Limited0.2% · ₹27.2 Cr
- ABB India Limited<0.1% · ₹4.2 Cr
Exited Exited (2)
- Popular Vehicles and Services Limitedwas 0.3% · ₹47.1 Cr
- Anthem Biosciences Limitedwas 0.1% · ₹11.1 Cr
Added Biggest additions
- Bharti Airtel Limitedup ₹82.1 Cr (+0.50% pts)
- ICICI Bank Limitedup ₹78.2 Cr (+0.42% pts)
- Kotak Mahindra Bank Limitedup ₹78 Cr (+0.47% pts)
- HCL Technologies Limitedup ₹70.8 Cr (+0.44% pts)
- Cummins India Limitedup ₹37.9 Cr (+0.24% pts)
- Apollo Hospitals Enterprise Limitedup ₹28.9 Cr (+0.18% pts)
- Infosys Limitedup ₹27.7 Cr (+0.17% pts)
- Tech Mahindra Limitedup ₹26.7 Cr (+0.17% pts)
- Eternal Limitedup ₹26.6 Cr (+0.15% pts)
- MphasiS Limitedup ₹26 Cr (+0.16% pts)
Trimmed Biggest reductions
- Westlife Foodworld Limiteddown ₹84.2 Cr (−0.56% pts)
- SBI Life Insurance Company Limiteddown ₹58.5 Cr (−0.42% pts)
- Maruti Suzuki India Limiteddown ₹31.3 Cr (−0.25% pts)
- HDFC Bank Limiteddown ₹26.4 Cr (−0.26% pts)
- Tata Steel Limiteddown ₹25 Cr (−0.19% pts)
- Hyundai Motor India Ltddown ₹24 Cr (−0.19% pts)
- Cyient Limiteddown ₹21.5 Cr (−0.15% pts)
- ICICI Prudential Asset Management Company Limiteddown ₹21.5 Cr (−0.15% pts)
- Power Grid Corporation of India Limiteddown ₹19 Cr (−0.14% pts)
- Bajaj Electricals Limiteddown ₹15.7 Cr (−0.10% pts)
Sectors
Which sectors the fund is moving towards and away from, and where its money sits now. Shares are of the fund’s classified equity holdings, so they add up to 100%.
Where the weight moved
Compared with
Since Sep 2026, the weight rose most in IT - Software (+1.0 pts) and Banks (+0.7 pts), and fell most in Automobiles (−0.9 pts) and Leisure Services (−0.6 pts).
- IT - Software6.0% → 6.9%+1.0 pts
- Banks34.4% → 35.1%+0.7 pts
- Telecom - Services4.5% → 5.0%+0.5 pts
- Industrial Products0.7% → 0.9%+0.2 pts
- Electrical Equipment0.0% → 0.2%new+0.2 pts
- Retailing2.4% → 2.6%+0.2 pts
- Automobiles10.9% → 10.1%−0.9 pts
- Leisure Services2.6% → 2.0%−0.6 pts
- Insurance6.0% → 5.5%−0.5 pts
- Ferrous Metals3.4% → 3.2%−0.2 pts
- Cement & Cement Products1.1% → 1.0%−0.2 pts
- IT - Services0.4% → 0.3%−0.1 pts
A sector’s weight changes when the fund buys or sells, and also when its shares rise or fall in price, so a change is not by itself a sign of buying or selling.
Main sectors’ weights over time
| Sector | Apr 2026 | Jul 2026 | Sep 2026 | Oct 2026 |
|---|---|---|---|---|
| Banks | 35.9% | 33.4% | 34.4% | 35.1% |
| Automobiles | 11.2% | 11.5% | 10.9% | 10.1% |
| IT - Software | 7.0% | 6.8% | 6.0% | 6.9% |
| Insurance | 6.2% | 5.8% | 6.0% | 5.5% |
| Telecom - Services | 4.8% | 4.7% | 4.5% | 5.0% |
| Healthcare Services | 3.4% | 4.1% | 4.2% | 4.3% |
| Pharmaceuticals & Biotechnology | 3.7% | 4.1% | 4.0% | 3.9% |
| Ferrous Metals | 3.8% | 3.3% | 3.4% | 3.2% |
| Petroleum Products | 3.2% | 2.7% | 2.7% | 2.6% |
| Retailing | 1.8% | 2.1% | 2.4% | 2.6% |
Allocation in Oct 2026change vs Sep 2026
- Banks (6)35.1%▲ 0.7 pts
- Automobiles (5)10.1%▼ 0.9 pts
- IT - Software (4)6.9%▲ 1.0 pts
- Insurance (4)5.5%▼ 0.5 pts
- Telecom - Services (1)5.0%▲ 0.5 pts
- Healthcare Services (3)4.3%▲ 0.1 pts
- Pharmaceuticals & Biotechnology (5)3.9%▼ 0.1 pts
- Ferrous Metals (2)3.2%▼ 0.2 pts
- Petroleum Products (1)2.6%▼ 0.1 pts
- Retailing (1)2.6%▲ 0.2 pts
- Power (2)2.1%
- Leisure Services (3)2.0%▼ 0.6 pts
- Capital Markets (3)1.8%▼ 0.1 pts
- Aerospace & Defense (2)1.8%
- Construction (1)1.6%
- Food Products (1)1.6%▼ 0.1 pts
- Auto Components (1)1.4%
- Transport Services (1)1.3%
- Beverages (1)1.0%
- Cement & Cement Products (3)1.0%▼ 0.2 pts
Cash and debt
The share of the portfolio not in shares: cash and net receivables, money-market instruments and bonds, as disclosed each month. Cash can dip below zero when payables, often on derivative positions, exceed it. A change here describes what the fund did; it is not a signal. More on reading cash.
Cash & debt, Oct 2026
1.1%
▲ 0.4 pts vs Sep 2026
- Cash alone
- 0.8%
- cash and net receivables
- A year earlier
- —
- no disclosure
- Last 12 months
- 0.7% – 3.4%
- lowest to highest · record 3.4% in Apr 2026
History
Disclosed portfolio value by month, with the stocks the fund entered and exited against its previous disclosure. Every month is a link to that portfolio.
All 10 months
| Month | Portfolio value | Stocks | Entered | Exited | Cash | Cash & debt | Turnover |
|---|---|---|---|---|---|---|---|
| Oct 2026 | ₹15,108 Cr | 61 | 2 | 2 | 0.8% | 1.1% | 26% |
| Sep 2026 | ₹14,949 Cr | 61 | 1 | 2 | 0.4% | 0.7% | 24% |
| Aug 2026 | ₹15,992 Cr | 62 | 2 | 2 | 1.0% | 1.4% | 23% |
| Jul 2026 | ₹16,095 Cr | 62 | 4 | 0 | 1.1% | 1.4% | 21% |
| Jun 2026 | ₹15,685 Cr | 58 | 2 | 0 | 1.1% | 1.4% | 19% |
| May 2026 | ₹15,366 Cr | 56 | 1 | 0 | 2.4% | 2.6% | 19% |
| Apr 2026 | ₹15,559 Cr | 55 | 1 | 1 | 3.1% | 3.4% | 21% |
| Mar 2026 | ₹14,615 Cr | 55 | 0 | 3 | 1.4% | 1.7% | 21% |
| Feb 2026 | ₹16,618 Cr | 58 | 2 | 1 | 1.4% | 1.7% | 20% |
| Jan 2026 | ₹16,749 Cr | 57 | 0.8% | 1.1% | 18% |