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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
₹4,115 Cr
up ₹34.1 Cr vs Jun 2026
- Stocks held
- 81
- up 4 vs Jun 2026
- Top 10 weight
- 27.7%
- of the portfolio in its ten largest
- Cash & debt
- 1.6%
- cash, money market and debt
- Moves this month
HSBC ELSS Tax saver Fund is an active equity fund in the ELSS (tax saving) category from HSBC Mutual Fund. In July 2026 it disclosed 81 stocks worth ₹4,115 Cr, up ₹34.1 Cr from Jun 2026. Its largest positions were ICICI Bank Limited (4.0%), Avalon Technologies Limited (3.4%), HDFC Bank Limited (3.4%); the ten largest together made up 27.7% of the portfolio, and Banks was the biggest sector at 15.9% of its equity. Cash and debt stood at 1.6%. Compared with Jun 2026 the fund entered 5 new stocks and exited 1.
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
22%
Holds more cash than 22% of peers
What these mean: concentration · cash
Holdings in July 2026
Download CSVEvery line the fund disclosed, with the change against Jun 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 | 4.03% | up 0.14 pts | ₹166 Cr | up ₹7 Cr | Added |
| Avalon Technologies Limited | 3.43% | down 0.32 pts | ₹141 Cr | down ₹12 Cr | Trimmed |
| HDFC Bank Limited | 3.40% | down 0.26 pts | ₹140 Cr | down ₹9.3 Cr | Trimmed |
| Reliance Industries Limited | 3.03% | up 0.01 pts | ₹124 Cr | up ₹1.3 Cr | Added |
| Shriram Transport Finance Company Limited Shriram Finance Limited · history in this fund | 2.66% | down 0.01 pts | ₹110 Cr | up ₹48 L | Held |
| Eternal Limited | 2.32% | up 0.27 pts | ₹95.3 Cr | up ₹11.9 Cr | Added |
| Bharti Airtel Limited | 2.24% | up 0.12 pts | ₹92.1 Cr | up ₹5.6 Cr | Added |
| Larsen & Toubro Limited | 2.23% | down 0.14 pts | ₹91.8 Cr | down ₹4.8 Cr | Trimmed |
| GE Vernova T&D India Limited | 2.21% | down 0.34 pts | ₹90.8 Cr | down ₹13 Cr | Trimmed |
| Pearl Global Industries Limited | 2.17% | up 0.03 pts | ₹89.4 Cr | up ₹2.1 Cr | Added |
| Karur Vysya Bank Limited | 2.16% | up 0.28 pts | ₹88.8 Cr | up ₹12 Cr | Added |
| Infosys Limited | 1.97% | up 0.21 pts | ₹81 Cr | up ₹9.3 Cr | Added |
| Thangamayil Jewellery Limited | 1.96% | down 0.46 pts | ₹80.6 Cr | down ₹18.1 Cr | Trimmed |
| TVS Motor Company Limited | 1.91% | up 0.37 pts | ₹78.7 Cr | up ₹15.6 Cr | Added |
| State Bank of India | 1.89% | down 0.26 pts | ₹77.8 Cr | down ₹10.1 Cr | Trimmed |
| PNB Housing Finance Limited | 1.85% | up 0.01 pts | ₹76.1 Cr | up ₹1.1 Cr | Added |
| Axis Bank Limited | 1.78% | down 0.18 pts | ₹73.4 Cr | down ₹6.9 Cr | Trimmed |
| Jindal Steel & Power Limited | 1.73% | up 0.05 pts | ₹71.3 Cr | up ₹2.7 Cr | Added |
| Schaeffler India Limited | 1.67% | down 0.06 pts | ₹68.7 Cr | down ₹1.9 Cr | Trimmed |
| Max Healthcare Institute Limited | 1.64% | down 0.06 pts | ₹67.6 Cr | down ₹1.9 Cr | Trimmed |
| Bharat Heavy Electricals Limited | 1.63% | down 0.04 pts | ₹67 Cr | down ₹1.2 Cr | Trimmed |
| Cash, TREPS & receivables | 1.61% | down 0.68 pts | ₹66.1 Cr | down ₹27.4 Cr | Trimmed |
| Sun Pharmaceutical Industries Limited | 1.54% | up 0.09 pts | ₹63.2 Cr | up ₹4.1 Cr | Added |
| Amber Enterprises India Limited | 1.45% | down 0.27 pts | ₹59.7 Cr | down ₹10.4 Cr | Trimmed |
| Balrampur Chini Mills Limited | 1.41% | up 0.06 pts | ₹57.9 Cr | up ₹3.1 Cr | Added |
| Craftsman Automation Limited | 1.38% | up 0.05 pts | ₹56.7 Cr | up ₹2.4 Cr | Added |
| Cholamandalam Investment and Finance Company Limited | 1.35% | up 0.03 pts | ₹55.6 Cr | up ₹1.8 Cr | Added |
| Nippon Life India Asset Management Limited | 1.34% | down 0.01 pts | ₹55.1 Cr | down ₹3 L | Held |
| The Indian Hotels Company Limited | 1.26% | up 0.03 pts | ₹52 Cr | up ₹1.7 Cr | Added |
| Indian Bank | 1.24% | up 0.02 pts | ₹51.2 Cr | up ₹1.2 Cr | Added |
| Persistent Systems Limited | 1.21% | up 0.26 pts | ₹49.9 Cr | up ₹11 Cr | Added |
| Jindal Saw Limited | 1.18% | down 0.03 pts | ₹48.5 Cr | down ₹86 L | Trimmed |
| RBL Bank Limited | 1.15% | up 0.01 pts | ₹47.3 Cr | up ₹81 L | Added |
| Engineers India Limited | 1.15% | down 0.10 pts | ₹47.2 Cr | down ₹3.9 Cr | Trimmed |
| UltraTech Cement Limited | 1.14% | up 0.05 pts | ₹46.9 Cr | up ₹2.6 Cr | Added |
| Pine Labs Limited | 1.13% | up 0.08 pts | ₹46.5 Cr | up ₹3.8 Cr | Added |
| Trent Limited | 1.12% | down 0.11 pts | ₹46.1 Cr | down ₹4.2 Cr | Trimmed |
| Mahindra & Mahindra Limited | 1.09% | up 0.10 pts | ₹45 Cr | up ₹4.4 Cr | Added |
| Lupin Limited | 1.09% | down 0.01 pts | ₹45 Cr | down ₹7 L | Held |
| Tech Mahindra Limited | 1.08% | up 0.15 pts | ₹44.4 Cr | up ₹6.6 Cr | Added |
| NTPC Limited | 1.07% | down 0.04 pts | ₹43.9 Cr | down ₹1.2 Cr | Trimmed |
| JSW Energy Limited | 1.04% | down 0.06 pts | ₹43 Cr | down ₹2.2 Cr | Trimmed |
| Safari Industries (India) Limited | 1.03% | down 0.03 pts | ₹42.5 Cr | down ₹94 L | Trimmed |
| Tata Steel Limited | 1.00% | up <0.01 pts | ₹41.2 Cr | up ₹35 L | Added |
| CG Power and Industrial Solutions Limited | 0.98% | down 0.11 pts | ₹40.4 Cr | down ₹4.2 Cr | Trimmed |
| Hero MotoCorp Limited | 0.96% | up 0.40 pts | ₹39.5 Cr | up ₹16.8 Cr | Added |
| BIKAJI FOODS INTERNATIONAL LIMITED | 0.93% | down 0.02 pts | ₹38.4 Cr | down ₹54 L | Trimmed |
| Lemon Tree Hotels Limited | 0.87% | down 0.07 pts | ₹35.6 Cr | down ₹2.4 Cr | Trimmed |
| ICICI Prudential Asset Management Company Limited | 0.84% | down 0.06 pts | ₹34.5 Cr | down ₹2.3 Cr | Trimmed |
| Bharat Electronics Limited | 0.83% | down 0.06 pts | ₹34.3 Cr | down ₹2.1 Cr | Trimmed |
What changed, Jun 2026 to Jul 2026
New New positions (5)
- Diamond Power Infra Limited0.7% · ₹29.3 Cr
- SBI Funds Management Limited0.5% · ₹19 Cr
- Manipal Health Enterprises Ltd0.3% · ₹12.2 Cr
- Juniper Green Energy Limited0.2% · ₹6.3 Cr
- GSPL India Transco Ltd0.1% · ₹3.9 Cr
Exited Exited (1)
- Epigral Limitedwas 0.3% · ₹11.8 Cr
Added Biggest additions
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 Jun 2026, the weight rose most in Automobiles (+0.9 pts) and IT - Software (+0.8 pts), and fell most in Consumer Durables (−0.7 pts) and Chemicals & Petrochemicals (−0.6 pts).
- Automobiles3.2% → 4.0%+0.9 pts
- IT - Software6.2% → 7.0%+0.8 pts
- Capital Markets2.3% → 2.7%+0.4 pts
- Retailing4.5% → 4.7%+0.2 pts
- Healthcare Services2.2% → 2.4%+0.2 pts
- Auto Components4.5% → 4.6%+0.1 pts
- Consumer Durables6.7% → 5.9%−0.7 pts
- Chemicals & Petrochemicals1.1% → 0.5%−0.6 pts
- Finance6.9% → 6.5%−0.5 pts
- Banks16.3% → 15.9%−0.4 pts
- Electrical Equipment11.1% → 10.8%−0.3 pts
- Construction3.7% → 3.4%−0.3 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 | Jun 2023 | Jun 2025 | Jun 2025 | Apr 2026 | Jun 2026 | Jul 2026 |
|---|---|---|---|---|---|---|
| Banks | 20.6% | 15.4% | 15.4% | 16.2% | 16.3% | 15.9% |
| Electrical Equipment | 7.7% | 9.2% | 9.2% | 9.8% | 11.1% | 10.8% |
| IT - Software | 10.8% | 8.9% | 8.9% | 7.7% | 6.2% | 7.0% |
| Finance | 8.9% | 7.4% | 7.4% | 6.7% | 6.9% | 6.5% |
| Consumer Durables | 3.3% | 5.2% | 5.2% | 6.3% | 6.7% | 5.9% |
| Retailing | 1.4% | 5.1% | 5.1% | 3.7% | 4.5% | 4.7% |
| Auto Components | 3.1% | 4.3% | 4.3% | 4.0% | 4.5% | 4.6% |
| Automobiles | 5.9% | 3.0% | 3.0% | 3.3% | 3.2% | 4.0% |
| Construction | 4.4% | 4.4% | 4.4% | 4.2% | 3.7% | 3.4% |
| Pharmaceuticals & Biotechnology | 3.3% | 2.8% | 2.8% | 3.2% | 3.3% | 3.4% |
Allocation in Jul 2026
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, Jul 2026
1.6%
▼ 0.7 pts vs Jun 2026
- Cash alone
- 1.6%
- cash and net receivables
- A year earlier
- —
- no disclosure
- Last 12 months
- 1.1% – 2.3%
- 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.