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ELSS (tax saving) · NJ Mutual Fund · AMFI code 151609NJ ELSS Tax Saver Fund
Disclosed for 38 months, Jun 2023 to Sep 2026.
Portfolio value
₹246 Cr
up ₹9.7 Cr vs Jul 2024
- Stocks held
- 25
- unchanged
- Top 10 weight
- 50.1%
- of the portfolio in its ten largest
- Cash & debt
- 0.7%
- cash, money market and debt
- Moves this month
- 0 in · 0 out
- added to 10, trimmed 7
NJ ELSS Tax Saver Fund is an active equity fund in the ELSS (tax saving) category from NJ Mutual Fund. In August 2024 it disclosed 25 stocks worth ₹246 Cr, up ₹9.7 Cr from Jul 2024. Its largest positions were Hindustan Aeronautics Limited (6.6%), Bharat Electronics Limited (5.9%), Bajaj Auto Limited (5.8%); the ten largest together made up 50.1% of the portfolio, and IT - Software was the biggest sector at 27.7% of its equity. Cash and debt stood at 0.7%. Compared with Jul 2024 the fund entered 0 new stocks and exited 0.
Against 46 other ELSS (tax saving) funds
Concentration
87%
Top-10 weight is higher than 87% of peers
Breadth
2%
Holds more stocks than 2% of peers
Cash
2%
Holds more cash than 2% of peers
What these mean: concentration · cash
Holdings in August 2024
Download CSVEvery line the fund disclosed, with the change against Jul 2024. Click a column to sort; click a company to see every fund that owns it. New to these? How to read a portfolio.
| Hindustan Aeronautics Limited | 6.58% | down 0.49 pts | ₹16.2 Cr | down ₹51 L | Trimmed |
| Bharat Electronics Limited | 5.87% | down 0.46 pts | ₹14.5 Cr | down ₹52 L | Trimmed |
| Bajaj Auto Limited | 5.83% | up 0.55 pts | ₹14.4 Cr | up ₹1.9 Cr | Added |
| Nippon Life India Asset Management Limited | 5.57% | up 0.12 pts | ₹13.7 Cr | up ₹82 L | Added |
| Colgate Palmolive (India) Limited | 4.92% | up 0.21 pts | ₹12.1 Cr | up ₹98 L | Added |
| Mahanagar Gas Limited | 4.72% | down 0.31 pts | ₹11.6 Cr | down ₹28 L | Trimmed |
| Power Grid Corporation of India Limited | 4.58% | down 0.25 pts | ₹11.3 Cr | down ₹14 L | Trimmed |
| HDFC Asset Management Company Limited | 4.53% | up 0.23 pts | ₹11.2 Cr | up ₹98 L | Added |
| HCL Technologies Limited | 3.85% | up 0.17 pts | ₹9.5 Cr | up ₹76 L | Added |
| Infosys Limited | 3.67% | up 0.07 pts | ₹9 Cr | up ₹52 L | Added |
| ICICI Securities Limited | 3.60% | up 0.15 pts | ₹8.9 Cr | up ₹70 L | Added |
| MphasiS Limited | 3.54% | up 0.17 pts | ₹8.7 Cr | up ₹75 L | Added |
| Abbott India Limited | 3.53% | up 0.14 pts | ₹8.7 Cr | up ₹68 L | Added |
| Tata Consultancy Services Limited | 3.50% | up 0.06 pts | ₹8.6 Cr | up ₹48 L | Added |
| Britannia Industries Limited | 3.50% | down 0.03 pts | ₹8.6 Cr | up ₹27 L | Added |
| Sonata Software Limited | 3.41% | down 0.44 pts | ₹8.4 Cr | down ₹72 L | Trimmed |
| L&T Technology Services Limited | 3.39% | up 0.23 pts | ₹8.3 Cr | up ₹88 L | Added |
| Coforge Limited | 3.37% | down 0.05 pts | ₹8.3 Cr | up ₹21 L | Added |
| LTIMindtree Limited | 3.21% | up 0.20 pts | ₹7.9 Cr | up ₹79 L | Added |
| Bayer Cropscience Limited | 3.19% | down 0.41 pts | ₹7.9 Cr | down ₹67 L | Trimmed |
| Marico Limited | 3.13% | down 0.20 pts | ₹7.7 Cr | down ₹16 L | Trimmed |
| CRISIL Limited | 3.08% | down 0.01 pts | ₹7.6 Cr | up ₹28 L | Added |
| ITC Limited | 3.06% | down 0.02 pts | ₹7.5 Cr | up ₹24 L | Added |
| Tata Elxsi Limited | 3.00% | up 0.33 pts | ₹7.4 Cr | up ₹1.1 Cr | Added |
| Asian Paints Limited | 2.68% | down 0.02 pts | ₹6.6 Cr | up ₹22 L | Added |
| Cash, TREPS & receivables | 0.65% | up 0.07 pts | ₹1.6 Cr | up ₹22 L | Added |
What changed, Jul 2024 to Aug 2024
New New positions (0)
None.
Exited Exited (0)
None.
Added Biggest additions
- Bajaj Auto Limitedup ₹1.9 Cr (+0.55% pts)
- Tata Elxsi Limitedup ₹1.1 Cr (+0.33% pts)
- HDFC Asset Management Company Limitedup ₹98 L (+0.23% pts)
- Colgate Palmolive (India) Limitedup ₹98 L (+0.21% pts)
- L&T Technology Services Limited ₹88 L (+0.23% 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 2024, the weight rose most in Automobiles (+0.6 pts) and IT - Software (+0.5 pts), and fell most in Aerospace & Defense (−0.9 pts) and Fertilizers & Agrochemicals (−0.4 pts).
- Automobiles5.3% → 5.9%+0.6 pts
- IT - Software27.2% → 27.7%+0.5 pts
- Capital Markets13.3% → 13.8%+0.5 pts
- IT - Services3.2% → 3.4%+0.2 pts
- Personal Products4.7% → 5.0%+0.2 pts
- Pharmaceuticals & Biotechnology3.4% → 3.6%+0.1 pts
- Aerospace & Defense13.5% → 12.5%−0.9 pts
- Fertilizers & Agrochemicals3.6% → 3.2%−0.4 pts
- Gas5.1% → 4.8%−0.3 pts
- Power4.9% → 4.6%−0.2 pts
- Agricultural Food & Other Products3.3% → 3.1%−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 | Feb 2024 | May 2024 | Jul 2024 | Aug 2024 |
|---|---|---|---|---|---|
| IT - Software | 27.5% | 30.9% | 25.3% | 27.2% | 27.7% |
| Capital Markets | 12.3% | 13.7% | 14.3% | 13.3% | 13.8% |
| Aerospace & Defense | — | 9.8% | 15.2% | 13.5% | 12.5% |
| Automobiles | 3.7% | 5.0% | 5.8% | 5.3% | 5.9% |
| Personal Products | — | 4.0% | 4.3% | 4.7% | 5.0% |
| Gas | — | 4.6% | 4.1% | 5.1% | 4.8% |
| Power | 3.7% | 4.5% | 5.0% | 4.9% | 4.6% |
| Pharmaceuticals & Biotechnology | 7.4% | 3.9% | 3.6% | 3.4% | 3.6% |
| Food Products | — | 3.5% | 3.7% | 3.6% | 3.5% |
| IT - Services | 4.1% | 3.7% | 3.2% | 3.2% | 3.4% |
Allocation in Aug 2024change vs Jul 2024
- IT - Software (8)27.7%▲ 0.5 pts
- Capital Markets (3)13.8%▲ 0.5 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, Aug 2024
0.7%
▲ 0.1 pts vs Jul 2024
- Cash alone
- 0.7%
- cash and net receivables
- A year earlier
- 0.8%
- Aug 2023 · now ▼ 0.2 pts
- Last 12 months
- 0.6% – 2.1%
- lowest to highest · record 2.1% in Mar 2024
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.