HDFC ELSS Tax saver

HDFC Mutual FundEquityPortfolio as of 31 July 2026

HDFC ELSS Tax saver holds 65 instruments (98.59% equity), led by ICICI Bank Limited (9.14%), HDFC Bank Limited (7.72%) and Axis Bank Limited (6.11%), as of its 31 July 2026 SEBI-mandated monthly disclosure.

Holdings
65
Equity Allocation
98.59%
AMC
HDFC Mutual Fund
Category
Equity

This page shows the complete disclosed portfolio of HDFC ELSS Tax saver, managed by HDFC Mutual Fund, based on its monthly portfolio disclosure dated 31 July 2026. The fund holds 65 instruments with an equity allocation of 98.59%. Percentages are of net assets (% to NAV). Click any stock to see every other mutual fund that also holds it.

Portfolio Analysis

HDFC ELSS Tax saver's top 10 holdings account for 50.37% of its portfolio, more concentrated than the Equity category average of 37.5%. Financial Services is its largest sector exposure at 41.38% of net assets, spread across 11 sectors in total. Since its 30 June 2026 disclosure, the fund added 4 new positions and exited 0 positions, with Axis Bank Limited seeing the largest move (-1.49pp to 6.11%).

Top 10 Equity Holdings

What Changed: June 2026 → July 2026

Equity holdings compared between the fund's two latest monthly disclosures. Weights are % to NAV; weight moves can also reflect price changes, not only buying or selling.

4 new entries10 increased10 reduced

Biggest Weight Increases

StockWeightChange
Hindustan Aeronautics Limited0.5% → 1.08%▲ +0.58
HCL Technologies Limited2.44% → 2.99%▲ +0.55
Hyundai Motor India Limited2.43% → 2.71%▲ +0.28
ETERNAL LIMITED1.9% → 2.11%▲ +0.21
Chalet Hotels Limited0.47% → 0.66%▲ +0.19
Bharti Airtel Limited4.47% → 4.64%▲ +0.17
ICICI Prudential Asset Management Company Limited0.7% → 0.87%▲ +0.17
Karur Vysya Bank Limited1.13% → 1.28%▲ +0.15
Dr. Lal Path Labs Ltd.1.2% → 1.35%▲ +0.15
Alkem Laboratories Limited1.1% → 1.25%▲ +0.15

Biggest Weight Reductions

StockWeightChange
Axis Bank Limited7.6% → 6.11%▼ -1.49
HDFC Bank Limited8.44% → 7.72%▼ -0.72
ICICI Bank Limited9.64% → 9.14%▼ -0.5
Escorts Kubota Limited0.94% → 0.52%▼ -0.42
Power Grid Corporation of India Limited2.01% → 1.72%▼ -0.29
Kotak Mahindra Bank Limited4.38% → 4.24%▼ -0.14
Larsen & Toubro Limited1.67% → 1.55%▼ -0.12
Bosch Limited1.27% → 1.15%▼ -0.12
Medi Assist Healthcare Services Limited0.22% → 0.1%▼ -0.12
State Bank of India4.58% → 4.47%▼ -0.11

Top Holdings — Weight Trend

% to NAV of the fund's current top holdings over its last 6 monthly disclosures (Feb – Jul 2026).

Feb: 9.13%, Mar: 9.08%, Apr: 8.93%, May: 8.99%, Jun: 9.64%, Jul: 9.14%
9.14%
Feb: 8.87%, Mar: 8.31%, Apr: 8.23%, May: 8.04%, Jun: 8.44%, Jul: 7.72%
7.72%
Feb: 7.38%, Mar: 7.04%, Apr: 7.22%, May: 7.42%, Jun: 7.6%, Jul: 6.11%
6.11%
Feb: 4.92%, Mar: 4.63%, Apr: 4.71%, May: 4.7%, Jun: 4.95%, Jul: 4.86%
4.86%
Feb: 3.84%, Mar: 4.62%, Apr: 4.59%, May: 4.51%, Jun: 4.47%, Jul: 4.64%
4.64%

Full Portfolio (65 holdings)

#HoldingSector% to NAV
1ICICI Bank LimitedFinancial Services9.14%
2HDFC Bank LimitedFinancial Services7.72%
3Axis Bank LimitedFinancial Services6.11%
4Maruti Suzuki India LimitedConsumer Discretionary4.86%
5Bharti Airtel LimitedTelecommunication4.64%
6State Bank of IndiaFinancial Services4.47%
7Kotak Mahindra Bank LimitedFinancial Services4.24%
8SBI Life Insurance Company LimitedFinancial Services3.49%
9HCL Technologies LimitedInformation Technology2.99%
10Hyundai Motor India LimitedConsumer Discretionary2.71%
11Reliance Industries LimitedEnergy2.7%
12ETERNAL LIMITEDConsumer Discretionary2.11%
13Bajaj Auto LimitedConsumer Discretionary1.85%
14Tata Steel LimitedMaterials1.77%
15Britannia Industries LimitedConsumer Staples1.76%
16Power Grid Corporation of India LimitedUtilities1.72%
17Infosys LimitedInformation Technology1.69%
18Larsen & Toubro LimitedIndustrials1.55%
19Apollo Hospitals Enterprise LimitedHealthcare1.53%
20JSW Steel LimitedMaterials1.46%
21Dr. Lal Path Labs Ltd.Healthcare1.35%
22InterGlobe Aviation LimitedServices1.32%
23Karur Vysya Bank LimitedFinancial Services1.28%
24Alkem Laboratories LimitedHealthcare1.25%
25Metropolis Healthcare LimitedHealthcare1.16%
26Bosch LimitedConsumer Discretionary1.15%
27Cipla LimitedHealthcare1.13%
28Star Health and Allied Insurance Company LimitedFinancial Services1.12%
29Hindustan Aeronautics LimitedIndustrials1.08%
30Jubilant Foodworks LimitedConsumer Discretionary1.08%
31United Spirits LimitedConsumer Staples1.07%
32ICICI Lombard General Insurance Company LimitedFinancial Services1.05%
33Lupin LimitedHealthcare1.05%
34Tech Mahindra LimitedInformation Technology1.03%
35MphasiS LimitedInformation Technology1.02%
36PB Fintech LimitedFinancial Services1.02%
37Eicher Motors LimitedConsumer Discretionary0.88%
38Godrej Consumer Products LimitedConsumer Staples0.87%
39ICICI Prudential Asset Management Company LimitedFinancial Services0.87%
40Havells India LimitedConsumer Discretionary0.84%
41Hindustan Unilever LimitedConsumer Staples0.78%
42Mahindra & Mahindra LimitedConsumer Discretionary0.74%
43360 ONE WAM LIMITEDFinancial Services0.71%
44TREPS - Tri-party Repotreps0.68%
45Chalet Hotels LimitedConsumer Discretionary0.66%
46Crompton Greaves Consumer Electricals LimitedConsumer Discretionary0.57%
47Birla Corporation LimitedMaterials0.55%
48Escorts Kubota LimitedConsumer Staples0.52%
49WESTLIFE FOODWORLD LIMITEDConsumer Discretionary0.47%
50The Ramco Cements LimitedMaterials0.46%
51Bharat Electronics LimitedIndustrials0.43%
52Net Current Assetsother0.42%
53Cohance Lifesciences LimitedHealthcare0.38%
54Popular Vehicles and Services LimitedConsumer Discretionary0.33%
55Cyient LimitedInformation Technology0.32%
56Teamlease Services LimitedIndustrials0.31%
577.38% Central Government Securitiesbond0.31%
58Delhivery LimitedServices0.3%
59Anthem Biosciences LimitedHealthcare0.25%
60Bajaj Electricals LimitedConsumer Discretionary0.18%
61Tata Motors LimitedIndustrials0.16%
62JK Lakshmi Cement LimitedMaterials0.13%
63Medi Assist Healthcare Services LimitedFinancial Services0.1%
64SBI FUNDS MANAGEMENT LTDFinancial Services0.06%
65JSW Energy LimitedUtilities0.05%

Frequently Asked Questions

Yes. As of its 31 July 2026 disclosure, ICICI Bank Limited is 9.14% of HDFC ELSS Tax saver's net assets — its number 1 holding.
Yes. As of its 31 July 2026 disclosure, HDFC Bank Limited is 7.72% of HDFC ELSS Tax saver's net assets — its number 2 holding.
Yes. As of its 31 July 2026 disclosure, Axis Bank Limited is 6.11% of HDFC ELSS Tax saver's net assets — its number 3 holding.
Yes. As of its 31 July 2026 disclosure, Maruti Suzuki India Limited is 4.86% of HDFC ELSS Tax saver's net assets — its number 4 holding.
Yes. As of its 31 July 2026 disclosure, Bharti Airtel Limited is 4.64% of HDFC ELSS Tax saver's net assets — its number 5 holding.

New to reading these? See How to Read a Mutual Fund's Monthly Portfolio Disclosure, or check terms like % to NAV in the glossary.

Source: HDFC Mutual Fund's SEBI-mandated monthly portfolio disclosure, dated 31 July 2026. Data is for information only, not investment advice. Holdings may have changed since the disclosure date.