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
₹4,229 Cr
up ₹114 Cr vs Jul 2026
- Stocks held
- 79
- down 2 vs Jul 2026
- Top 10 weight
- 28.3%
- of the portfolio in its ten largest
- Cash & debt
- 1.8%
- cash, money market and debt
HSBC ELSS Tax saver Fund is an active equity fund in the ELSS (tax saving) category from HSBC Mutual Fund. In August 2026 it disclosed 79 stocks worth ₹4,229 Cr, up ₹114 Cr from Jul 2026. Its largest positions were Avalon Technologies Limited (4.4%), ICICI Bank Limited (4.0%), HDFC Bank Limited (3.1%); the ten largest together made up 28.3% of the portfolio, and Banks was the biggest sector at 15.7% of its equity. Cash and debt stood at 1.8%. Compared with Jul 2026 the fund entered 2 new stocks and exited 4.
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
24%
Holds more cash than 24% of peers
What these mean: concentration · cash
Holdings in August 2026
Download CSVEvery line the fund disclosed, with the change against Jul 2026. Click a column to sort; click a company to see every fund that owns it. New to these? How to read a portfolio.
| Avalon Technologies Limited | 4.38% | up 0.95 pts | ₹185 Cr | up ₹44.1 Cr | Added |
| ICICI Bank Limited | 3.97% | down 0.06 pts | ₹168 Cr | up ₹2.1 Cr | Added |
| HDFC Bank Limited | 3.14% | down 0.26 pts | ₹133 Cr | down ₹7.3 Cr | Trimmed |
| Reliance Industries Limited | 2.87% | down 0.15 pts | ₹122 Cr | down ₹2.9 Cr | Trimmed |
| Pearl Global Industries Limited | 2.52% | up 0.35 pts | ₹107 Cr | up ₹17.3 Cr | Added |
| Eternal Limited | 2.44% | up 0.13 pts | ₹103 Cr | up ₹8.1 Cr | Added |
| Shriram Transport Finance Company Limited Shriram Finance Limited · history in this fund | 2.40% | down 0.26 pts | ₹101 Cr | down ₹8.1 Cr | Trimmed |
| Larsen & Toubro Limited | 2.23% | down <0.01 pts | ₹94.3 Cr | up ₹2.5 Cr | Added |
| GE Vernova T&D India Limited | 2.21% | up <0.01 pts | ₹93.3 Cr | up ₹2.6 Cr | Added |
| Karur Vysya Bank Limited | 2.13% | down 0.03 pts | ₹90.1 Cr | up ₹1.3 Cr | Added |
| Bharti Airtel Limited | 2.00% | down 0.24 pts | ₹84.6 Cr | down ₹7.5 Cr | Trimmed |
| Thangamayil Jewellery Limited | 1.97% | up 0.01 pts | ₹83.4 Cr | up ₹2.9 Cr | Added |
| PNB Housing Finance Limited | 1.96% | up 0.11 pts | ₹83 Cr | up ₹6.9 Cr | Added |
| Infosys Limited | 1.92% | down 0.05 pts | ₹81.2 Cr | up ₹27 L | Held |
| State Bank of India | 1.90% | up 0.01 pts | ₹80.3 Cr | up ₹2.5 Cr | Added |
| TVS Motor Company Limited | 1.87% | down 0.04 pts | ₹79.2 Cr | up ₹51 L | Added |
| Axis Bank Limited | 1.83% | up 0.05 pts | ₹77.6 Cr | up ₹4.2 Cr | Added |
| Jindal Steel & Power Limited | 1.82% | up 0.09 pts | ₹77.2 Cr | up ₹5.9 Cr | Added |
| Cash, TREPS & receivables | 1.77% | up 0.16 pts | ₹74.6 Cr | up ₹8.6 Cr | Added |
| Bharat Heavy Electricals Limited | 1.72% | up 0.09 pts | ₹72.9 Cr | up ₹5.9 Cr | Added |
| Balrampur Chini Mills Limited | 1.62% | up 0.21 pts | ₹68.5 Cr | up ₹10.6 Cr | Added |
| Schaeffler India Limited | 1.59% | down 0.08 pts | ₹67.3 Cr | down ₹1.3 Cr | Trimmed |
| Craftsman Automation Limited | 1.52% | up 0.14 pts | ₹64.3 Cr | up ₹7.6 Cr | Added |
| Max Healthcare Institute Limited | 1.52% | down 0.13 pts | ₹64.1 Cr | down ₹3.5 Cr | Trimmed |
| Sun Pharmaceutical Industries Limited | 1.49% | down 0.05 pts | ₹63 Cr | down ₹18 L | Held |
| Jindal Saw Limited | 1.38% | up 0.20 pts | ₹58.5 Cr | up ₹10 Cr | Added |
| Cholamandalam Investment and Finance Company Limited | 1.32% | down 0.03 pts | ₹55.9 Cr | up ₹23 L | Held |
| Engineers India Limited | 1.32% | up 0.17 pts | ₹55.6 Cr | up ₹8.4 Cr | Added |
| Indian Bank | 1.30% | up 0.06 pts | ₹55 Cr | up ₹3.8 Cr | Added |
| Pine Labs Limited | 1.30% | up 0.17 pts | ₹54.9 Cr | up ₹8.4 Cr | Added |
| The Indian Hotels Company Limited | 1.23% | down 0.04 pts | ₹52 Cr | down ₹5 L | Held |
| Persistent Systems Limited | 1.19% | down 0.02 pts | ₹50.3 Cr | up ₹41 L | Added |
| Nippon Life India Asset Management Limited | 1.15% | down 0.19 pts | ₹48.5 Cr | down ₹6.5 Cr | Trimmed |
| RBL Bank Limited | 1.13% | down 0.02 pts | ₹47.9 Cr | up ₹61 L | Added |
| UltraTech Cement Limited | 1.07% | down 0.07 pts | ₹45.1 Cr | down ₹1.8 Cr | Trimmed |
| Trent Limited | 1.04% | down 0.08 pts | ₹44.2 Cr | down ₹1.9 Cr | Trimmed |
| Tech Mahindra Limited | 1.04% | down 0.04 pts | ₹43.8 Cr | down ₹63 L | Trimmed |
| Swiggy Limited | 1.03% | up 0.31 pts | ₹43.4 Cr | up ₹14 Cr | Added |
| CG Power and Industrial Solutions Limited | 1.01% | up 0.03 pts | ₹42.9 Cr | up ₹2.5 Cr | Added |
| Amber Enterprises India Limited | 1.01% | down 0.44 pts | ₹42.6 Cr | down ₹17.1 Cr | Trimmed |
| NTPC Limited | 0.98% | down 0.09 pts | ₹41.4 Cr | down ₹2.5 Cr | Trimmed |
| Safari Industries (India) Limited | 0.97% | down 0.06 pts | ₹41.2 Cr | down ₹1.3 Cr | Trimmed |
| Lupin Limited | 0.96% | down 0.13 pts | ₹40.7 Cr | down ₹4.2 Cr | Trimmed |
| Tata Consumer Products Limited | 0.96% | up 0.21 pts | ₹40.7 Cr | up ₹9.9 Cr | Added |
| JSW Energy Limited | 0.95% | down 0.09 pts | ₹40.3 Cr | down ₹2.7 Cr | Trimmed |
| Tata Steel Limited | 0.95% | down 0.05 pts | ₹40.1 Cr | down ₹1.2 Cr | Trimmed |
| Hero MotoCorp Limited | 0.94% | down 0.01 pts | ₹39.9 Cr | up ₹47 L | Added |
| BIKAJI FOODS INTERNATIONAL LIMITED | 0.89% | down 0.05 pts | ₹37.4 Cr | down ₹95 L | Trimmed |
| Bharat Electronics Limited | 0.87% | up 0.03 pts | ₹36.7 Cr | up ₹2.4 Cr | Added |
| Coforge Limited | 0.83% | up 0.09 pts | ₹35.1 Cr | up ₹4.7 Cr | Added |
What changed, Jul 2026 to Aug 2026
New New positions (2)
- MphasiS Limited0.6% · ₹26 Cr
- National Aluminium Company Limited0.5% · ₹21.5 Cr
Exited Exited (4)
- Kaynes Technology India Limitedwas 0.6% · ₹22.9 Cr
- Power Finance Corporation Limitedwas 0.5% · ₹21 Cr
- Zensar Technologies Limitedwas 0.5% · ₹18.7 Cr
- Vishal Mega Mart Limitedwas 0.4% · ₹18.3 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 Jul 2026, the weight rose most in Electrical Equipment (+1.1 pts) and Non - Ferrous Metals (+0.5 pts), and fell most in Finance (−0.7 pts) and Consumer Durables (−0.6 pts).
- Electrical Equipment10.8% → 11.9%+1.1 pts
- Non - Ferrous Metals0.0% → 0.5%new+0.5 pts
- Power2.3% → 2.8%+0.5 pts
- Agricultural Food & Other Products2.2% → 2.6%+0.4 pts
- Textiles & Apparels2.2% → 2.6%+0.4 pts
- Healthcare Services2.4% → 2.6%+0.3 pts
- Finance6.5% → 5.8%−0.7 pts
- Consumer Durables5.9% → 5.3%−0.6 pts
- Industrial Manufacturing0.6% → 0.0%exited−0.6 pts
- Automobiles4.0% → 3.7%−0.3 pts
- Capital Markets2.7% → 2.4%−0.2 pts
- Telecom - Services2.3% → 2.0%−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 | Aug 2023 | Jun 2025 | Feb 2026 | Apr 2026 | Jul 2026 | Aug 2026 |
|---|---|---|---|---|---|---|
| Banks | 20.5% | 15.4% | 17.7% | 16.2% | 15.9% | 15.7% |
| Electrical Equipment | 8.8% | 9.2% | 8.4% | 9.8% | 10.8% | 11.9% |
| IT - Software | 11.5% | 8.9% | 7.8% | 7.7% | 7.0% | 6.8% |
| Finance | 8.5% | 7.4% | 6.6% | 6.7% | 6.5% | 5.8% |
| Consumer Durables | 4.4% | 5.2% | 6.5% | 6.3% | 5.9% | 5.3% |
| Auto Components | 4.4% | 4.3% | 4.7% | 4.0% | 4.6% | 4.7% |
| Retailing | 1.3% | 5.1% | 3.7% | 3.7% | 4.7% | 4.6% |
| Automobiles | 5.3% | 3.0% | 3.5% | 3.3% | 4.0% | 3.7% |
| Construction | 4.8% | 4.4% | 4.1% | 4.2% | 3.4% | 3.6% |
| Pharmaceuticals & Biotechnology | 4.1% | 2.8% | 3.1% | 3.2% | 3.4% | 3.2% |
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, Aug 2026
1.8%
▲ 0.2 pts vs Jul 2026
- Cash alone
- 1.8%
- 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.