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ELSS (tax saving) · Nippon India Mutual Fund · AMFI code 103196Nippon India ELSS Tax Saver Fund
Disclosed for 84 months, Sep 2019 to Aug 2026.Published as: Nippon India ELSS Tax Saver Fund (An open ended equity linked saving scheme with a statutory lock in of 3 years and tax benefit)
Portfolio value
₹14,718 Cr
down ₹191 Cr vs Jul 2026
- Stocks held
- 61
- down 3 vs Jul 2026
- Top 10 weight
- 39.6%
- of the portfolio in its ten largest
- Cash & debt
- 1.3%
- cash, money market and debt
- Moves this month
- 1 in · 4 out
- added to 10, trimmed 34
Nippon India ELSS Tax Saver Fund is an active equity fund in the ELSS (tax saving) category from Nippon India Mutual Fund. In August 2026 it disclosed 61 stocks worth ₹14,718 Cr, down ₹191 Cr from Jul 2026. Its largest positions were ICICI Bank Limited (7.4%), HDFC Bank Limited (6.6%), Axis Bank Limited (4.2%); the ten largest together made up 39.6% of the portfolio, and Banks was the biggest sector at 23.8% of its equity. Cash and debt stood at 1.3%. Compared with Jul 2026 the fund entered 1 new stock and exited 4.
Against 46 other ELSS (tax saving) funds
Concentration
43%
Top-10 weight is higher than 43% of peers
Breadth
67%
Holds more stocks than 67% of peers
Cash
17%
Holds more cash than 17% of peers
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.
- Weight
- 7.41%
- Δ weight
- down 0.29 pts
- Value
- ₹1,091 Cr
- Δ value
- down ₹57.8 Cr
- Status
- Trimmed
- Weight
- 6.60%
- Δ weight
- up 0.48 pts
- Value
- ₹971 Cr
- Δ value
- up ₹58.6 Cr
- Status
- Added
- Weight
- 4.15%
- Δ weight
- up 0.28 pts
- Value
- ₹611 Cr
- Δ value
- up ₹33.1 Cr
- Status
- Added
- Weight
- 3.53%
- Δ weight
- up 0.15 pts
- Value
- ₹519 Cr
- Δ value
- up ₹16 Cr
- Status
- Added
- Weight
- 3.48%
- Δ weight
- down 0.06 pts
- Value
- ₹512 Cr
- Δ value
- down ₹15.6 Cr
- Status
- Trimmed
- Weight
- 3.11%
- Δ weight
- down 0.15 pts
- Value
- ₹458 Cr
- Δ value
- down ₹27.8 Cr
- Status
- Trimmed
- Weight
- 2.95%
- Δ weight
- down 0.03 pts
- Value
- ₹434 Cr
- Δ value
- down ₹10.5 Cr
- Status
- Trimmed
- Weight
- 2.93%
- Δ weight
- up 0.05 pts
- Value
- ₹431 Cr
- Δ value
- up ₹1.4 Cr
- Status
- Held
- Weight
- 2.82%
- Δ weight
- down 0.21 pts
- Value
- ₹415 Cr
- Δ value
- down ₹36.7 Cr
- Status
- Trimmed
- Weight
- 2.59%
- Δ weight
- up 0.12 pts
- Value
- ₹381 Cr
- Δ value
- up ₹12.3 Cr
- Status
- Added
- Weight
- 2.45%
- Δ weight
- up 0.02 pts
- Value
- ₹361 Cr
- Δ value
- down ₹2 Cr
- Status
- Trimmed
- Weight
- 2.39%
- Δ weight
- down 0.23 pts
- Value
- ₹351 Cr
- Δ value
- down ₹39.3 Cr
- Status
- Trimmed
- Weight
- 2.38%
- Δ weight
- up 0.38 pts
- Value
- ₹350 Cr
- Δ value
- up ₹52.2 Cr
- Status
- Added
- Weight
- 2.16%
- Δ weight
- up 0.31 pts
- Value
- ₹317 Cr
- Δ value
- up ₹42.1 Cr
- Status
- Added
- Weight
- 2.08%
- Δ weight
- down 0.51 pts
- Value
- ₹306 Cr
- Δ value
- down ₹80.2 Cr
- Status
- Trimmed
- Weight
- 1.86%
- Δ weight
- down 0.03 pts
- Value
- ₹273 Cr
- Δ value
- down ₹8.4 Cr
- Status
- Trimmed
- Weight
- 1.85%
- Δ weight
- up 0.18 pts
- Value
- ₹272 Cr
- Δ value
- up ₹23 Cr
- Status
- Added
- Weight
- 1.78%
- Δ weight
- down 0.04 pts
- Value
- ₹263 Cr
- Δ value
- down ₹9.3 Cr
- Status
- Trimmed
- Weight
- 1.66%
- Δ weight
- down <0.01 pts
- Value
- ₹244 Cr
- Δ value
- down ₹3.4 Cr
- Status
- Trimmed
- Weight
- 1.62%
- Δ weight
- down 0.01 pts
- Value
- ₹238 Cr
- Δ value
- down ₹4.1 Cr
- Status
- Trimmed
- Weight
- 1.54%
- Δ weight
- up 0.02 pts
- Value
- ₹227 Cr
- Δ value
- down ₹20 L
- Status
- Held
- Weight
- 1.51%
- Δ weight
- up 0.01 pts
- Value
- ₹222 Cr
- Δ value
- down ₹1.2 Cr
- Status
- Trimmed
- Weight
- 1.47%
- Δ weight
- up 0.41 pts
- Value
- ₹217 Cr
- Δ value
- up ₹58.9 Cr
- Status
- Added
- Weight
- 1.45%
- Δ weight
- down 0.07 pts
- Value
- ₹214 Cr
- Δ value
- down ₹12.9 Cr
- Status
- Trimmed
- Weight
- 1.44%
- Δ weight
- up 0.06 pts
- Value
- ₹212 Cr
- Δ value
- up ₹5.8 Cr
- Status
- Added
- Weight
- 1.41%
- Δ weight
- down 0.03 pts
- Value
- ₹208 Cr
- Δ value
- down ₹6.8 Cr
- Status
- Trimmed
- Weight
- 1.38%
- Δ weight
- down 0.03 pts
- Value
- ₹204 Cr
- Δ value
- down ₹7.4 Cr
- Status
- Trimmed
- Weight
- 1.36%
- Δ weight
- down 0.19 pts
- Value
- ₹200 Cr
- Δ value
- down ₹30.8 Cr
- Status
- Trimmed
- Weight
- 1.35%
- Δ weight
- down 0.13 pts
- Value
- ₹199 Cr
- Δ value
- down ₹22.7 Cr
- Status
- Trimmed
- Cash, TREPS & receivables
- Weight
- 1.34%
- Δ weight
- down 0.08 pts
- Value
- ₹197 Cr
- Δ value
- down ₹13.9 Cr
- Status
- Trimmed
- Weight
- 1.28%
- Δ weight
- up 0.08 pts
- Value
- ₹189 Cr
- Δ value
- up ₹9.2 Cr
- Status
- Added
- Weight
- 1.25%
- Δ weight
- down 0.10 pts
- Value
- ₹184 Cr
- Δ value
- down ₹17.9 Cr
- Status
- Trimmed
- Weight
- 1.18%
- Δ weight
- up 0.34 pts
- Value
- ₹173 Cr
- Δ value
- up ₹48.2 Cr
- Status
- Added
- Weight
- 1.14%
- Δ weight
- up 1.14 pts
- Value
- ₹168 Cr
- Δ value
- up ₹168 Cr
- Status
- New
- Weight
- 1.11%
- Δ weight
- down 0.11 pts
- Value
- ₹164 Cr
- Δ value
- down ₹18.2 Cr
- Status
- Trimmed
- Weight
- 1.11%
- Δ weight
- up 0.06 pts
- Value
- ₹163 Cr
- Δ value
- up ₹7.3 Cr
- Status
- Added
- Weight
- 1.10%
- Δ weight
- down 0.03 pts
- Value
- ₹162 Cr
- Δ value
- down ₹6.3 Cr
- Status
- Trimmed
- Weight
- 1.01%
- Δ weight
- down 0.09 pts
- Value
- ₹148 Cr
- Δ value
- down ₹14.9 Cr
- Status
- Trimmed
- Weight
- 1.00%
- Δ weight
- up 0.01 pts
- Value
- ₹148 Cr
- Δ value
- down ₹87 L
- Status
- Trimmed
- Weight
- 0.99%
- Δ weight
- down 0.03 pts
- Value
- ₹145 Cr
- Δ value
- down ₹6.4 Cr
- Status
- Trimmed
- Weight
- 0.97%
- Δ weight
- down 0.02 pts
- Value
- ₹142 Cr
- Δ value
- down ₹5.5 Cr
- Status
- Trimmed
- Weight
- 0.95%
- Δ weight
- down 0.06 pts
- Value
- ₹139 Cr
- Δ value
- down ₹11.3 Cr
- Status
- Trimmed
- Weight
- 0.89%
- Δ weight
- down 0.04 pts
- Value
- ₹130 Cr
- Δ value
- down ₹8.2 Cr
- Status
- Trimmed
- Weight
- 0.87%
- Δ weight
- down 0.04 pts
- Value
- ₹127 Cr
- Δ value
- down ₹8.3 Cr
- Status
- Trimmed
- Weight
- 0.84%
- Δ weight
- up 0.07 pts
- Value
- ₹124 Cr
- Δ value
- up ₹8.2 Cr
- Status
- Added
- Weight
- 0.80%
- Δ weight
- down 0.07 pts
- Value
- ₹118 Cr
- Δ value
- down ₹12.2 Cr
- Status
- Trimmed
- Weight
- 0.78%
- Δ weight
- up 0.26 pts
- Value
- ₹115 Cr
- Δ value
- up ₹37.2 Cr
- Status
- Added
- Weight
- 0.74%
- Δ weight
- up 0.01 pts
- Value
- ₹109 Cr
- Δ value
- up ₹15 L
- Status
- Held
- Weight
- 0.74%
- Δ weight
- down 0.05 pts
- Value
- ₹108 Cr
- Δ value
- down ₹8.4 Cr
- Status
- Trimmed
- Weight
- 0.71%
- Δ weight
- down 0.05 pts
- Value
- ₹105 Cr
- Δ value
- down ₹8.8 Cr
- Status
- Trimmed
- Weight
- 0.69%
- Δ weight
- up 0.09 pts
- Value
- ₹102 Cr
- Δ value
- up ₹12.4 Cr
- Status
- Added
- Weight
- 0.67%
- Δ weight
- down 0.02 pts
- Value
- ₹98.8 Cr
- Δ value
- down ₹4.1 Cr
- Status
- Trimmed
- Weight
- 0.65%
- Δ weight
- up 0.02 pts
- Value
- ₹96 Cr
- Δ value
- up ₹1.3 Cr
- Status
- Added
- Weight
- 0.64%
- Δ weight
- up 0.07 pts
- Value
- ₹94.3 Cr
- Δ value
- up ₹8.7 Cr
- Status
- Added
- Weight
- 0.63%
- Δ weight
- up 0.03 pts
- Value
- ₹93.3 Cr
- Δ value
- up ₹3 Cr
- Status
- Added
- Weight
- 0.57%
- Δ weight
- down 0.05 pts
- Value
- ₹84.1 Cr
- Δ value
- down ₹8.3 Cr
- Status
- Trimmed
- Weight
- 0.51%
- Δ weight
- up 0.01 pts
- Value
- ₹74.9 Cr
- Δ value
- down ₹3 L
- Status
- Held
- Weight
- 0.50%
- Δ weight
- up 0.05 pts
- Value
- ₹74.2 Cr
- Δ value
- up ₹6.6 Cr
- Status
- Added
- Weight
- 0.47%
- Δ weight
- up 0.16 pts
- Value
- ₹68.6 Cr
- Δ value
- up ₹22.6 Cr
- Status
- Added
- Weight
- 0.45%
- Δ weight
- up 0.02 pts
- Value
- ₹66.4 Cr
- Δ value
- up ₹2.6 Cr
- Status
- Added
- Weight
- 0.36%
- Δ weight
- up 0.01 pts
- Value
- ₹52.3 Cr
- Δ value
- up ₹63 L
- Status
- Added
- Weight
- 0.33%
- Δ weight
- down 0.04 pts
- Value
- ₹49.1 Cr
- Δ value
- down ₹7.3 Cr
- Status
- Trimmed
What changed, Jul 2026 to Aug 2026
New New positions (1)
- Kotak Mahindra Bank Limited1.1% · ₹168 Cr
Exited Exited (4)
- Sun Pharmaceutical Industries Limitedwas 0.9% · ₹139 Cr
- Havells India Limitedwas 0.5% · ₹75.6 Cr
- Astral Limitedwas 0.4% · ₹57.9 Cr
- Larsen & Toubro Limitedwas 0.1% · ₹19.7 Cr
Added Biggest additions
- Mankind Pharma Limitedup ₹58.9 Cr (+0.41% 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 Jul 2026, the weight rose most in Banks (+1.8 pts) and Retailing (+0.4 pts), and fell most in Finance (−0.8 pts) and Consumer Durables (−0.5 pts).
- Banks22.0% → 23.8%+1.8 pts
- Retailing5.3% → 5.7%+0.4 pts
- IT - Services0.8% → 1.2%+0.3 pts
- Healthcare Services1.7% → 1.9%+0.2 pts
- Pharmaceuticals & Biotechnology5.9% → 6.1%+0.2 pts
- Finance6.6% → 5.8%−0.8 pts
- Consumer Durables3.5% → 3.0%−0.5 pts
- Industrial Products3.1% → 2.7%−0.4 pts
- Power6.5% → 6.3%−0.2 pts
- Telecom - Services4.1% → 3.9%−0.2 pts
- Auto Ancillaries3.8% → 3.6%−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 | Aug 2025 | Feb 2026 | May 2026 | Jul 2026 | Aug 2026 |
|---|---|---|---|---|---|---|
| Banks | 25.3% | 23.1% | 24.0% | 21.2% | 22.0% | 23.8% |
| Beverages | 2.7% | 5.9% | 5.7% | 6.2% | 6.6% | 6.7% |
| Power | 4.6% | 5.9% | 6.5% | 7.4% | 6.5% | 6.3% |
| Pharmaceuticals & Biotechnology | 3.3% | 3.7% | 5.1% | 6.1% | 5.9% | 6.1% |
| Finance | 5.0% | 6.7% | 6.5% | 6.5% | 6.6% | 5.8% |
| Retailing | 1.5% | 4.1% | 3.7% | 4.4% | 5.3% | 5.7% |
| Telecom - Services | 1.3% | 3.0% | 3.1% | 3.7% | 4.1% | 3.9% |
| Insurance | 4.7% | 5.3% | 4.6% | 4.0% | 3.7% | 3.7% |
| IT - Software | 5.1% | 5.8% | 4.0% | 3.7% | 3.6% | 3.6% |
| Auto Ancillaries | 3.2% | 3.6% | 4.3% | 3.7% | 3.8% | 3.6% |
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.
Cash & debt, Aug 2026
1.3%
▼ 0.1 pts vs Jul 2026
- Cash alone
- 1.4%
- cash and net receivables
- A year earlier
- 1.0%
- Aug 2025 · now ▲ 0.3 pts
- Last 12 months
- 0.2% – 1.7%
- lowest to highest · record 3.7% in Jun 2020
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.