Loading…
ELSS (tax saving) · HSBC Mutual Fund · AMFI code 151076HSBC ELSS Tax saver Fund
Disclosed for 26 months, Nov 2022 to Aug 2026.
Portfolio value
₹3,889 Cr
up ₹502 Cr vs Nov 2023
- Stocks held
- 81
- up 10 vs Nov 2023
- Top 10 weight
- 29.0%
- of the portfolio in its ten largest
- Cash & debt
- 1.1%
- cash, money market and debt
- Moves this month
- 31 in · 21 out
- added to 10, trimmed 25
HSBC ELSS Tax saver Fund is an active equity fund in the ELSS (tax saving) category from HSBC Mutual Fund. In April 2024 it disclosed 81 stocks worth ₹3,889 Cr, up ₹502 Cr from Nov 2023. Its largest positions were HDFC Bank Limited (4.5%), Reliance Industries Limited (4.1%), Larsen & Toubro Limited (3.7%); the ten largest together made up 29.0% of the portfolio, and Banks was the biggest sector at 14.1% of its equity. Cash and debt stood at 1.1%. Compared with Nov 2023 the fund entered 31 new stocks and exited 21.
Against 46 other ELSS (tax saving) funds
Concentration
4%
Top-10 weight is higher than 4% of peers
Breadth
87%
Holds more stocks than 87% of peers
Cash
9%
Holds more cash than 9% of peers
What these mean: concentration · cash
Holdings in April 2024
Download CSVEvery line the fund disclosed, with the change against Nov 2023. Click a column to sort; click a company to see every fund that owns it. New to these? How to read a portfolio.
| HDFC Bank Limited | 4.54% | down 2.11 pts | ₹177 Cr | down ₹48.6 Cr | Trimmed |
| Reliance Industries Limited | 4.06% | up 0.89 pts | ₹158 Cr | up ₹50.4 Cr | Added |
| Larsen & Toubro Limited | 3.68% | down 1.59 pts | ₹143 Cr | down ₹35.4 Cr | Trimmed |
| ICICI Bank Limited | 3.42% | up 0.34 pts | ₹133 Cr | up ₹28.7 Cr | Added |
| KPIT Technologies Limited | 2.54% | down 2.15 pts | ₹98.9 Cr | down ₹59.9 Cr | Trimmed |
| Infosys Limited | 2.27% | down 0.40 pts | ₹88.4 Cr | down ₹2.2 Cr | Trimmed |
| Trent Limited | 2.26% | up 1.14 pts | ₹87.9 Cr | up ₹50.1 Cr | Added |
| Eternal Limited | 2.12% | up 1.07 pts | ₹82.2 Cr | up ₹46.8 Cr | Added |
| CG Power and Industrial Solutions Limited | 2.06% | down 1.24 pts | ₹80.3 Cr | down ₹31.5 Cr | Trimmed |
| Persistent Systems Limited | 2.03% | down 1.07 pts | ₹78.8 Cr | down ₹26.1 Cr | Trimmed |
| Blue Star Limited | 1.92% | up 0.44 pts | ₹74.7 Cr | up ₹24.7 Cr | Added |
| KEI Industries Limited | 1.92% | up 0.58 pts | ₹74.5 Cr | up ₹29.3 Cr | Added |
| JSW Energy Limited | 1.90% | up 1.90 pts | ₹73.8 Cr | up ₹73.8 Cr | New |
| Cholamandalam Investment and Finance Company Limited | 1.88% | down 1.80 pts | ₹73 Cr | down ₹51.5 Cr | Trimmed |
| State Bank of India | 1.82% | up 1.32 pts | ₹70.9 Cr | up ₹53.9 Cr | Added |
| Bharat Electronics Limited | 1.72% | down 0.64 pts | ₹66.9 Cr | down ₹13.1 Cr | Trimmed |
| Jindal Saw Limited | 1.72% | up 1.00 pts | ₹66.9 Cr | up ₹42.6 Cr | Added |
| Shriram Transport Finance Company Limited Shriram Finance Limited · history in this fund | 1.69% | down 0.57 pts | ₹65.9 Cr | down ₹10.8 Cr | Trimmed |
| Power Finance Corporation Limited | 1.69% | up 1.69 pts | ₹65.7 Cr | up ₹65.7 Cr | New |
| NTPC Limited | 1.65% | up 1.65 pts | ₹64 Cr | up ₹64 Cr | New |
| Bharti Airtel Limited | 1.59% | up 1.59 pts | ₹61.8 Cr | up ₹61.8 Cr | New |
| Tata Motors Limited | 1.58% | up 1.58 pts | ₹61.5 Cr | up ₹61.5 Cr | New |
| Jindal Steel & Power Limited | 1.55% | up 1.55 pts | ₹60.1 Cr | up ₹60.1 Cr | New |
| Axis Bank Limited | 1.49% | up 0.99 pts | ₹57.8 Cr | up ₹40.9 Cr | Added |
| Hindustan Aeronautics Limited | 1.42% | up 0.43 pts | ₹55.2 Cr | up ₹21.9 Cr | Added |
| Triveni Turbine Limited | 1.42% | up 0.31 pts | ₹55 Cr | up ₹17.7 Cr | Added |
| Engineers India Limited | 1.34% | up 1.34 pts | ₹52 Cr | up ₹52 Cr | New |
| Max Healthcare Institute Limited | 1.33% | up 0.17 pts | ₹51.7 Cr | up ₹12.6 Cr | Added |
| Siemens Limited | 1.32% | down 0.50 pts | ₹51.2 Cr | down ₹10.3 Cr | Trimmed |
| DLF Limited | 1.30% | up 0.25 pts | ₹50.7 Cr | up ₹15.1 Cr | Added |
| Cello World Ltd | 1.20% | up 0.30 pts | ₹46.6 Cr | up ₹16.1 Cr | Added |
| The Indian Hotels Company Limited | 1.20% | down 1.61 pts | ₹46.5 Cr | down ₹48.4 Cr | Trimmed |
| Titan Company Limited | 1.16% | down 0.37 pts | ₹45 Cr | down ₹6.8 Cr | Trimmed |
| Karur Vysya Bank Limited | 1.13% | up 0.15 pts | ₹44.1 Cr | up ₹10.7 Cr | Added |
| Godrej Properties Limited | 1.13% | up 1.13 pts | ₹44 Cr | up ₹44 Cr | New |
| Nippon Life India Asset Management Limited | 1.11% | up 1.11 pts | ₹43.3 Cr | up ₹43.3 Cr | New |
| Hindustan Petroleum Corporation Limited | 1.11% | up 1.11 pts | ₹43.1 Cr | up ₹43.1 Cr | New |
| Transformers And Rectifiers (India) Limited | 1.08% | up 1.08 pts | ₹41.8 Cr | up ₹41.8 Cr | New |
| Cash, TREPS & receivables | 1.07% | up 0.54 pts | ₹41.8 Cr | up ₹23.8 Cr | Added |
| Safari Industries (India) Limited | 1.02% | up 0.10 pts | ₹39.8 Cr | up ₹8.6 Cr | Added |
| Schaeffler India Limited | 1.01% | up 0.12 pts | ₹39.2 Cr | up ₹9 Cr | Added |
| Bharat Heavy Electricals Limited | 1.00% | up 1.00 pts | ₹38.8 Cr | up ₹38.8 Cr | New |
| Sun Pharmaceutical Industries Limited | 0.99% | down 1.12 pts | ₹38.4 Cr | down ₹33.1 Cr | Trimmed |
| Mankind Pharma Limited | 0.98% | up 0.08 pts | ₹38.2 Cr | up ₹7.5 Cr | Added |
| 360 One WAM Limited | 0.92% | down 0.06 pts | ₹35.8 Cr | up ₹2.6 Cr | Added |
| Varroc Engineering Limited | 0.91% | down 0.32 pts | ₹35.4 Cr | down ₹6.2 Cr | Trimmed |
| Mahindra & Mahindra Limited | 0.89% | down 0.21 pts | ₹34.5 Cr | down ₹2.5 Cr | Trimmed |
| Lemon Tree Hotels Limited | 0.85% | up 0.85 pts | ₹33.2 Cr | up ₹33.2 Cr | New |
| Oil & Natural Gas Corporation Limited | 0.83% | up 0.83 pts | ₹32.2 Cr | up ₹32.2 Cr | New |
| Sterling And Wilson Renewable Energy Limited | 0.83% | up 0.83 pts | ₹32.1 Cr | up ₹32.1 Cr | New |
What changed, Nov 2023 to Apr 2024
New New positions (31)
- JSW Energy Limited1.9% · ₹73.8 Cr
- Power Finance Corporation Limited1.7% · ₹65.7 Cr
- NTPC Limited1.6% · ₹64 Cr
- Bharti Airtel Limited1.6% · ₹61.8 Cr
- Tata Motors Limited1.6% · ₹61.5 Cr
- Jindal Steel & Power Limited1.5% · ₹60.1 Cr
- Engineers India Limited1.3% · ₹52 Cr
- Godrej Properties Limited1.1% · ₹44 Cr
- Nippon Life India Asset Management Limited1.1% · ₹43.3 Cr
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 Nov 2023, the weight rose most in Power (+4.0 pts) and Retailing (+2.2 pts), and fell most in IT - Software (−4.6 pts) and Automobiles (−2.8 pts).
- Power0.0% → 4.0%new+4.0 pts
- Retailing2.2% → 4.4%+2.2 pts
- Ferrous Metals0.0% → 2.2%new+2.2 pts
- Realty1.1% → 3.2%+2.1 pts
- Petroleum Products3.2% → 5.2%+2.0 pts
- Telecom - Services0.0% → 1.6%new+1.6 pts
- IT - Software12.7% → 8.1%−4.6 pts
- Automobiles6.3% → 3.6%−2.8 pts
- Finance8.8% → 6.5%−2.3 pts
- Banks15.6% → 14.1%−1.6 pts
- Personal Products1.9% → 0.5%−1.4 pts
- Financial Technology (fintech)1.3% → 0.0%exited−1.3 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 2023 | Oct 2023 | Nov 2023 | Nov 2023 | Apr 2024 |
|---|---|---|---|---|---|
| Banks | 21.7% | 18.6% | 15.6% | 15.6% | 14.1% |
| Electrical Equipment | 6.4% | 8.3% | 8.8% | 8.8% | 8.7% |
| IT - Software | 11.6% | 12.1% | 12.7% | 12.7% | 8.1% |
| Consumer Durables | 2.9% | 4.7% | 5.3% | 5.3% | 6.7% |
| Finance | 4.2% | 9.0% | 8.8% | 8.8% | 6.5% |
| Construction | 4.5% | 5.3% | 5.3% | 5.3% | 5.9% |
| Petroleum Products | 5.7% | 3.3% | 3.2% | 3.2% | 5.2% |
| Retailing | 1.8% | 1.4% | 2.2% | 2.2% | 4.4% |
| Industrial Products | 0.7% | 3.7% | 4.6% | 4.6% | 4.2% |
| Power | 1.9% | — | — | — | 4.0% |
Allocation in Apr 2024change vs Nov 2023
- Banks (7)14.1%▼ 1.6 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, Apr 2024
1.1%
▲ 0.6 pts vs Nov 2023
- Cash alone
- 1.1%
- cash and net receivables
- A year earlier
- 1.8%
- Apr 2023 · now ▼ 0.8 pts
- Last 12 months
- 0.5% – 2.2%
- 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.