Funds/ELSS - Tax Saver Fund/Aditya Birla Sun Life ELSS Tax Saver Fund

Aditya Birla Sun Life ELSS Tax Saver Fund

Aditya Birla Sun Life Mutual Fund·ELSS - Tax Saver Fund·vs Nifty 500 TRI

The portfolio maintains a decidedly pro-cyclical stance with nearly a quarter exposure to banking, betting on economic growth and credit expansion in India. The concentration in top ten holdings at 40.5% reflects a quality bias toward large-cap blue chips, while minimal month-over-month changes suggest the manager is comfortable with this positioning rather than making tactical shifts. For tax-conscious investors seeking growth, this represents a defensive large-cap tilt within the ELSS category, prioritizing established sectors over emerging opportunities.

Portfolio analysis · April 2026

NAV & Returns

Plan	NAV	1M	3M	6M	1Y	3Y CAGR	5Y CAGR
Primary	₹58.8000	+0.03%	-4.87%	-5.78%	+1.91%	+13.41%	+9.32%

Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.

Portfolio Metrics(latest month)

Holdings

Top 5 Weight

25.78%

Top 10 Weight

40.51%

Active Share

—

Large Cap

67.26%

Gini

0.408

What Changed2026-03-31 → 2026-04-30

Holdings: 62 → 61+0 added−0 removed25 weight shifts ≥ 0.1%

Stock	Sector	Weight
No new entries this month

Full Holdings

#	Holding	Sector	Class	% to NAV
1	ICICI Bank Limited INE090A01021	Banks	EQUITY	6.81%
2	HDFC Bank Limited INE040A01034	Banks	EQUITY	6.47%
3	Reliance Industries Limited INE002A01018	Petroleum Products	EQUITY	4.24%
4	Infosys Limited INE009A01021	IT - Software	EQUITY	4.18%
5	State Bank of India INE062A01020	Banks	EQUITY	4.09%
6	Axis Bank Limited INE238A01034	Banks	EQUITY	3.98%
7	Adani Ports and Special Economic Zone Limited INE742F01042	Transport Infrastructure	EQUITY	2.88%
8	Bharti Airtel Limited INE397D01024	Telecom - Services	EQUITY	2.84%
9	Mahindra & Mahindra Limited INE101A01026	Automobiles	EQUITY	2.55%
10	Larsen & Toubro Limited INE018A01030	Construction	EQUITY	2.49%
11	Fortis Healthcare Limited INE061F01013	Healthcare Services	EQUITY	2.49%
12	The Federal Bank Limited INE171A01029	Banks	EQUITY	2.45%
13	Hindalco Industries Limited INE038A01020	Non - Ferrous Metals	EQUITY	2.40%
14	Tech Mahindra Limited INE669C01036	IT - Software	EQUITY	2.36%
15	Eternal Limited INE758T01015	Retailing	EQUITY	2.24%
16	Cummins India Limited INE298A01020	Industrial Products	EQUITY	2.19%
17	TVS HOLDINGS LIMTED INE105A01035	Finance	EQUITY	2.19%
18	Sun Pharmaceutical Industries Limited INE044A01036	Pharmaceuticals & Biotechnology	EQUITY	2.15%
19	Clearing Corporation of India Limited nan	nan	CASH_EQUIVALENT	2.07%
20	Godrej Consumer Products Limited INE102D01028	Personal Products	EQUITY	1.84%

Sector Allocation

Banks23.8%

Finance8.2%

IT - Software7.3%

Retailing5.4%

Pharmaceuticals & Biotechnology4.6%

Petroleum Products4.2%

Healthcare Services3.7%

Consumer Durables3.2%

Power3.2%

Personal Products3.1%

Top 10 sectors by % to NAV. Excludes derivatives.