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ELSS (tax saving) · HSBC Mutual Fund · AMFI code 151076HSBC ELSS Tax saver Fund
Disclosed for 26 months, Nov 2022 to Aug 2026.
Portfolio value
₹3,036 Cr
down ₹91.7 Cr vs Dec 2022
- Stocks held
- 55
- up 3 vs Dec 2022
- Top 10 weight
- 43.9%
- of the portfolio in its ten largest
- Cash & debt
- 1.4%
- cash, money market and debt
- Moves this month
- 4 in · 1 out
- added to 10, trimmed 34
HSBC ELSS Tax saver Fund is an active equity fund in the ELSS (tax saving) category from HSBC Mutual Fund. In January 2023 it disclosed 55 stocks worth ₹3,036 Cr, down ₹91.7 Cr from Dec 2022. Its largest positions were ICICI Bank Limited (6.7%), HDFC Bank Limited (6.0%), State Bank of India (5.7%); the ten largest together made up 43.9% of the portfolio, and Banks was the biggest sector at 24.2% of its equity. Cash and debt stood at 1.4%. Compared with Dec 2022 the fund entered 4 new stocks and exited 1.
Against 46 other ELSS (tax saving) funds
Concentration
59%
Top-10 weight is higher than 59% of peers
Breadth
54%
Holds more stocks than 54% of peers
Cash
20%
Holds more cash than 20% of peers
What these mean: concentration · cash
Holdings in January 2023
Download CSVEvery line the fund disclosed, with the change against Dec 2022. 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 | 6.69% | down 0.77 pts | ₹203 Cr | down ₹30.2 Cr | Trimmed |
| HDFC Bank Limited | 6.02% | up 0.09 pts | ₹183 Cr | down ₹2.8 Cr | Trimmed |
| State Bank of India | 5.72% | down 0.44 pts | ₹174 Cr | down ₹18.9 Cr | Trimmed |
| Infosys Limited | 4.65% | down 0.29 pts | ₹141 Cr | down ₹13.3 Cr | Trimmed |
| The Indian Hotels Company Limited | 4.20% | down 0.12 pts | ₹128 Cr | down ₹7.5 Cr | Trimmed |
| Larsen & Toubro Limited | 3.77% | up 0.18 pts | ₹114 Cr | up ₹2.1 Cr | Added |
| Persistent Systems Limited | 3.65% | up 0.23 pts | ₹111 Cr | up ₹4 Cr | Added |
| Hindustan Unilever Limited | 3.56% | up 0.13 pts | ₹108 Cr | up ₹66 L | Added |
| Reliance Industries Limited | 2.97% | down 0.15 pts | ₹90.3 Cr | down ₹7.4 Cr | Trimmed |
| KPIT Technologies Limited | 2.66% | up 0.28 pts | ₹80.9 Cr | up ₹6.2 Cr | Added |
| Cholamandalam Investment and Finance Company Limited | 2.59% | up 0.02 pts | ₹78.8 Cr | down ₹1.8 Cr | Trimmed |
| SRF Limited | 2.48% | down 0.05 pts | ₹75.3 Cr | down ₹3.7 Cr | Trimmed |
| CG Power and Industrial Solutions Limited | 2.48% | up 0.33 pts | ₹75.2 Cr | up ₹8 Cr | Added |
| Sun Pharmaceutical Industries Limited | 2.47% | up 0.50 pts | ₹74.9 Cr | up ₹13.4 Cr | Added |
| Mahindra & Mahindra Limited | 2.20% | up 0.62 pts | ₹66.7 Cr | up ₹17.2 Cr | Added |
| NTPC Limited | 1.91% | up 0.11 pts | ₹58.1 Cr | up ₹1.6 Cr | Added |
| Bharat Electronics Limited | 1.90% | down 0.04 pts | ₹57.6 Cr | down ₹3 Cr | Trimmed |
| IndusInd Bank Limited | 1.87% | down 0.18 pts | ₹56.8 Cr | down ₹7.2 Cr | Trimmed |
| Axis Bank Limited | 1.86% | down 0.07 pts | ₹56.5 Cr | down ₹4 Cr | Trimmed |
| Shoppers Stop Limited | 1.76% | down 0.07 pts | ₹53.5 Cr | down ₹3.9 Cr | Trimmed |
| Britannia Industries Limited | 1.66% | up 0.05 pts | ₹50.5 Cr | up ₹12 L | Held |
| Eicher Motors Limited | 1.64% | up 0.07 pts | ₹49.7 Cr | up ₹54 L | Added |
| TVS Motor Company Limited | 1.53% | down 0.02 pts | ₹46.5 Cr | down ₹2.2 Cr | Trimmed |
| Bajaj Finance Limited | 1.52% | down 1.02 pts | ₹46.3 Cr | down ₹33.2 Cr | Trimmed |
| UltraTech Cement Limited | 1.46% | up 1.46 pts | ₹44.3 Cr | up ₹44.3 Cr | Added |
| Navin Fluorine International Limited | 1.45% | down <0.01 pts | ₹44 Cr | down ₹1.4 Cr | Trimmed |
| SBI Life Insurance Company Limited | 1.41% | up 0.03 pts | ₹42.9 Cr | down ₹41 L | Trimmed |
| Titan Company Limited | 1.39% | down 0.08 pts | ₹42.3 Cr | down ₹3.9 Cr | Trimmed |
| Cash, TREPS & receivables | 1.35% | down 1.18 pts | ₹41 Cr | down ₹38.1 Cr | Trimmed |
| ABB India Limited | 1.30% | up 0.11 pts | ₹39.6 Cr | up ₹2.2 Cr | Added |
| UNO Minda Limited | 1.24% | down 0.05 pts | ₹37.6 Cr | down ₹2.6 Cr | Trimmed |
| Siemens Limited | 1.23% | up 0.27 pts | ₹37.4 Cr | up ₹7.2 Cr | Added |
| Bank of Baroda | 1.23% | up 1.23 pts | ₹37.3 Cr | up ₹37.3 Cr | New |
| Motherson Sumi Wiring India Limited | 1.15% | down 0.12 pts | ₹35 Cr | down ₹4.7 Cr | Trimmed |
| HDFC Asset Management Company Limited | 1.15% | down 0.69 pts | ₹34.8 Cr | down ₹22.6 Cr | Trimmed |
| Colgate Palmolive (India) Limited | 1.14% | down 0.03 pts | ₹34.5 Cr | down ₹2 Cr | Trimmed |
| Kansai Nerolac Paints Limited | 1.05% | down 0.01 pts | ₹31.8 Cr | down ₹1.2 Cr | Trimmed |
| Tata Elxsi Limited | 1.02% | up 0.08 pts | ₹31.1 Cr | up ₹1.6 Cr | Added |
| Hindustan Aeronautics Limited | 1.00% | up 0.04 pts | ₹30.3 Cr | up ₹26 L | Added |
| DLF Limited | 0.96% | down 0.02 pts | ₹29.1 Cr | down ₹1.6 Cr | Trimmed |
| Cipla Limited | 0.95% | down 0.28 pts | ₹28.7 Cr | down ₹9.5 Cr | Trimmed |
| Schaeffler India Limited | 0.94% | up 0.01 pts | ₹28.6 Cr | down ₹58 L | Trimmed |
| Housing Development Finance Corporation Limited | 0.92% | up 0.02 pts | ₹28 Cr | down ₹16 L | Trimmed |
| Godrej Consumer Products Limited | 0.90% | up 0.90 pts | ₹27.4 Cr | up ₹27.4 Cr | New |
| Varroc Engineering Limited | 0.71% | down 0.03 pts | ₹21.5 Cr | down ₹1.5 Cr | Trimmed |
| Page Industries Limited | 0.65% | down 0.02 pts | ₹19.6 Cr | down ₹1.4 Cr | Trimmed |
| LTIMindtree Limited | 0.62% | up 0.62 pts | ₹19 Cr | up ₹19 Cr | New |
| Go Fashion India Limited | 0.56% | down 0.07 pts | ₹17 Cr | down ₹2.6 Cr | Trimmed |
| Maruti Suzuki India Limited | 0.55% | down 0.75 pts | ₹16.8 Cr | down ₹24 Cr | Trimmed |
| Thermax Limited | 0.49% | up <0.01 pts | ₹15 Cr | down ₹34 L | Trimmed |
What changed, Dec 2022 to Jan 2023
New New positions (4)
- Bank of Baroda1.2% · ₹37.3 Cr
- Godrej Consumer Products Limited0.9% · ₹27.4 Cr
- LTIMindtree Limited0.6% · ₹19 Cr
- Karur Vysya Bank Limited0.5% · ₹14.7 Cr
Exited Exited (1)
- Bajaj Auto Limitedwas 1.3% · ₹41.2 Cr
Added Biggest additions
- UltraTech Cement Limitedup ₹44.3 Cr (+1.46% pts)
- Mahindra & Mahindra Limited
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 Dec 2022, the weight rose most in Cement & Cement Products (+1.5 pts) and Personal Products (+0.9 pts), and fell most in Automobiles (−1.5 pts) and Finance (−1.1 pts).
- Cement & Cement Products<0.1% → 1.5%+1.5 pts
- Personal Products1.2% → 2.1%+0.9 pts
- IT - Software12.2% → 13.0%+0.8 pts
- Electrical Equipment4.9% → 5.6%+0.7 pts
- Pharmaceuticals & Biotechnology3.3% → 3.5%+0.2 pts
- Construction3.7% → 3.8%+0.1 pts
- Automobiles7.5% → 6.0%−1.5 pts
- Finance6.2% → 5.1%−1.1 pts
- Capital Markets1.9% → 1.2%−0.7 pts
- Auto Components4.3% → 4.1%−0.2 pts
- Petroleum Products3.2% → 3.0%−0.2 pts
- Retailing2.5% → 2.4%−0.2 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 | Dec 2022 | Jan 2023 |
|---|---|---|
| Banks | 24.2% | 24.2% |
| IT - Software | 12.2% | 13.0% |
| Automobiles | 7.5% | 6.0% |
| Electrical Equipment | 4.9% | 5.6% |
| Finance | 6.2% | 5.1% |
| Leisure Services | 4.4% | 4.3% |
| Auto Components | 4.3% | 4.1% |
| Chemicals & Petrochemicals | 4.1% | 4.0% |
| Construction | 3.7% | 3.8% |
| Diversified FMCG | 3.5% | 3.6% |
Allocation in Jan 2023change vs Dec 2022
- Banks (8)24.2%▲ 0.1 pts
- IT - Software (6)13.0%▲ 0.8 pts
- Automobiles (4)6.0%▼ 1.5 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, Jan 2023
1.4%
▼ 1.2 pts vs Dec 2022
- Cash alone
- 1.4%
- cash and net receivables
- A year earlier
- —
- no disclosure
- Last 12 months
- 1.4% – 2.5%
- lowest to highest · record 2.5% in Dec 2022
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.