Shriram ELSS Tax Saver Fund

Shriram Mutual FundEquityPortfolio as of 31 July 2026

Shriram ELSS Tax Saver Fund holds 73 instruments (98.23% equity), led by HDFC Bank Limited (7.3%), ICICI Bank Limited (5.05%) and Reliance Industries Limited (4.97%), as of its 31 July 2026 SEBI-mandated monthly disclosure.

Holdings

Equity Allocation

98.23%

AMC

Shriram Mutual Fund

Portfolio Analysis

Shriram ELSS Tax Saver Fund's top 10 holdings account for 38.26% of its portfolio, in line with the Equity category average of 37.5%. Financial Services is its largest sector exposure at 31.08% of net assets, spread across 11 sectors in total. Since its 30 June 2026 disclosure, the fund added 1 new position and exited 0 positions, with HDFC Bank Limited seeing the largest move (-0.66pp to 7.3%).

Top 10 Equity Holdings

HDFC Bank Limited · 7.3%ICICI Bank Limited · 5.05%Reliance Industries Limited · 4.97%State Bank of India · 3.98%Bharti Airtel Limited · 3.93%Axis Bank Limited · 3.77%Infosys Limited · 2.39%Larsen & Toubro Limited · 2.37%InterGlobe Aviation Limited · 2.33%Mahindra & Mahindra Limited · 2.17%

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.

1 new entry10 increased9 reduced

New Entries

Coal India Limited · 0.48%

Biggest Weight Increases

Stock	Weight	Change
Infosys Limited	2.16% → 2.39%	▲ +0.23
TVS Motor Company Limited	0.97% → 1.19%	▲ +0.22
Tata Consultancy Services Limited	1.38% → 1.58%	▲ +0.2
ETERNAL LIMITED	1.45% → 1.62%	▲ +0.17
Mahindra & Mahindra Limited	2% → 2.17%	▲ +0.17
HCL Technologies Limited	0.71% → 0.87%	▲ +0.16
Bharti Airtel Limited	3.78% → 3.93%	▲ +0.15
Tech Mahindra Limited	0.87% → 1%	▲ +0.13
Persistent Systems Limited	0.39% → 0.49%	▲ +0.1
Coforge Limited	0.7% → 0.8%	▲ +0.1

Biggest Weight Reductions

Stock	Weight	Change
HDFC Bank Limited	7.96% → 7.3%	▼ -0.66
Axis Bank Limited	4.22% → 3.77%	▼ -0.45
Bharat Petroleum Corporation Limited	0.61% → 0.36%	▼ -0.25
Larsen & Toubro Limited	2.55% → 2.37%	▼ -0.18
Kirloskar Oil Engines Limited	1.87% → 1.69%	▼ -0.18
Hindustan Petroleum Corporation Limited	0.64% → 0.46%	▼ -0.18
Bharat Electronics Limited	1.79% → 1.64%	▼ -0.15
InterGlobe Aviation Limited	2.47% → 2.33%	▼ -0.14
Adani Ports and Special Economic Zone Limited	1.46% → 1.34%	▼ -0.12

Top Holdings — Weight Trend

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

HDFC Bank Limited

7.3%

ICICI Bank Limited

5.05%

Reliance Industries Limited

4.97%

State Bank of India

3.98%

Bharti Airtel Limited

3.93%

Full Portfolio (73 holdings)

#	Holding	Sector	% to NAV
1	HDFC Bank Limited	Financial Services	7.3%
2	ICICI Bank Limited	Financial Services	5.05%
3	Reliance Industries Limited	Energy	4.97%
4	State Bank of India	Financial Services	3.98%
5	Bharti Airtel Limited	Telecommunication	3.93%
6	Axis Bank Limited	Financial Services	3.77%
7	Infosys Limited	Information Technology	2.39%
8	Larsen & Toubro Limited	Industrials	2.37%
9	InterGlobe Aviation Limited	Services	2.33%
10	Mahindra & Mahindra Limited	Consumer Discretionary	2.17%
11	SBI Life Insurance Company Limited	Financial Services	2.14%
12	Samhi Hotels Limited	Consumer Discretionary	2.13%
13	NTPC Limited	Utilities	1.91%
14	Ajanta Pharma Limited	Healthcare	1.73%
15	Kirloskar Oil Engines Limited	Industrials	1.69%
16	R R Kabel Limited	Industrials	1.67%
17	Bharat Electronics Limited	Industrials	1.64%
18	ITC Limited	Consumer Staples	1.64%
19	ETERNAL LIMITED	Consumer Discretionary	1.62%
20	Tata Consultancy Services Limited	Information Technology	1.58%
21	Kfin Technologies Limited	Financial Services	1.56%
22	Maruti Suzuki India Limited	Consumer Discretionary	1.42%
23	Computer Age Management Services Limited	Financial Services	1.4%
24	Adani Ports and Special Economic Zone Limited	Services	1.34%
25	Thyrocare Technologies Limited	Healthcare	1.31%
26	Krishna Institute of Medical Sciences Limited	Healthcare	1.29%
27	S.J.S. Enterprises Limited	Consumer Discretionary	1.26%
28	Tata Steel Limited	Materials	1.22%
29	TREPS_RED_03.08.2026other	—	1.22%
30	Torrent Pharmaceuticals Limited	Healthcare	1.21%
31	Navin Fluorine International Limited	Materials	1.19%
32	TVS Motor Company Limited	Consumer Discretionary	1.19%
33	Narayana Hrudayalaya Ltd.	Healthcare	1.18%
34	Rainbow Childrens Medicare Limited	Healthcare	1.16%
35	Marico Limited	Consumer Staples	1.15%
36	Apollo Hospitals Enterprise Limited	Healthcare	1.1%
37	Bajaj Holdings & Investment Limited	Financial Services	1.09%
38	Eicher Motors Limited	Consumer Discretionary	1.01%
39	Tech Mahindra Limited	Information Technology	1%
40	REC Limited	Financial Services	0.93%
41	Indian Bank	Financial Services	0.93%
42	HCL Technologies Limited	Information Technology	0.87%
43	Power Grid Corporation of India Limited	Utilities	0.87%
44	Dodla Dairy Limited	Consumer Staples	0.84%
45	Oil India Limited	Energy	0.83%
46	Canara Robeco Asset Management Company Limited	Financial Services	0.83%
47	Oil & Natural Gas Corporation Limited	Energy	0.81%
48	Coforge Limited	Information Technology	0.8%
49	Deepak Fertilizers and Petrochemicals Corporation Limited	Materials	0.77%
50	Karur Vysya Bank Limited	Financial Services	0.77%
51	National Aluminium Company Limited	Materials	0.76%
52	SAGILITY LIMITED	Information Technology	0.72%
53	Kalpataru Projects International Limited	Industrials	0.71%
54	Eris Lifesciences Limited	Healthcare	0.7%
55	Lemon Tree Hotels Limited	Consumer Discretionary	0.67%
56	Swiggy Limited	Consumer Discretionary	0.65%
57	Tips Music Limited	Consumer Discretionary	0.65%
58	Power Mech Projects Limited	Industrials	0.64%
59	ICICI Prudential Asset Management Company Limited	Financial Services	0.55%
60	Varun Beverages Limited	Consumer Staples	0.54%
61	Fiem Industries Limited	Consumer Discretionary	0.53%
62	Net Receivables / (Payables)other	—	0.53%
63	Emami Limited	Consumer Staples	0.49%
64	Persistent Systems Limited	Information Technology	0.49%
65	Coal India Limited	Energy	0.48%
66	Hindustan Petroleum Corporation Limited	Energy	0.46%
67	Max Financial Services Limited	Financial Services	0.43%
68	Pricol Limited	Consumer Discretionary	0.4%
69	Bharat Petroleum Corporation Limited	Energy	0.36%
70	Muthoot Finance Limited	Financial Services	0.35%
71	Cohance Lifesciences Limited	Healthcare	0.16%
72	Krsnaa Diagnostics Limited	Healthcare	0.15%
73	TVS Motor Company Ltd 6.00% (Cumulative Non-Convertible Redeemable Preference Share)bond	—	0.02%

Frequently Asked Questions

Yes. As of its 31 July 2026 disclosure, HDFC Bank Limited is 7.3% of Shriram ELSS Tax Saver Fund's net assets — its number 1 holding.

Yes. As of its 31 July 2026 disclosure, ICICI Bank Limited is 5.05% of Shriram ELSS Tax Saver Fund's net assets — its number 2 holding.

Yes. As of its 31 July 2026 disclosure, Reliance Industries Limited is 4.97% of Shriram ELSS Tax Saver Fund's net assets — its number 3 holding.

Yes. As of its 31 July 2026 disclosure, State Bank of India is 3.98% of Shriram ELSS Tax Saver Fund's net assets — its number 4 holding.

Yes. As of its 31 July 2026 disclosure, Bharti Airtel Limited is 3.93% of Shriram ELSS Tax Saver Fund'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: Shriram 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.