Canara Robeco ELSS Tax Saver Fund
The portfolio remains heavily tilted toward financial services, where banks alone represent nearly 20% of holdings, reflecting conviction in India's credit cycle expansion. The manager's exit from HCL Technologies signals a selective approach to IT exposure despite sector recovery, preferring quality financials and infrastructure plays. With 74 holdings and concentrated top-10 exposure at 39%, this ELSS fund balances diversification with meaningful conviction bets on domestic growth drivers.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹193.5600 | -0.75% | — | — | — |
| Regular Growth | ₹171.6100 | -0.84% | -0.73% | +12.76% | +12.58% |
| Direct IDCW | ₹75.0500 | -0.75% | — | — | — |
| Regular IDCW | ₹45.9000 | -0.84% | — | — | — |
Portfolio Metrics(latest month)
vs Category Peers
Balanced ApproachActive Share = ½Σ|wfund − wpeer|, computed using leave-one-out peer portfolio within SEBI category.
Similar Funds in Category
What Changed2026-03-31 → 2026-04-30
| Stock | Weight | |
|---|---|---|
| No new entries this month | ||
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | HDFC Bank Ltd INE040A01034 | 6.49% |
| 2 | ICICI Bank Ltd INE090A01021 | 6.43% |
| 3 | Reliance Industries Ltd INE002A01018 | 4.24% |
| 4 | State Bank of India INE062A01020 | 3.70% |
| 5 | Larsen & Toubro Ltd INE018A01030 | 3.50% |
| 6 | Bharti Airtel Ltd INE397D01024 | 3.29% |
| 7 | TREPS | 3.18% |
| 8 | Infosys Ltd INE009A01021 | 3.09% |
| 9 | Axis Bank Ltd INE238A01034 | 2.80% |
| 10 | Bajaj Finance Ltd INE296A01032 | 2.56% |
| 11 | Ge Vernova T&D India Ltd INE200A01026 | 2.06% |
| 12 | Divi's Laboratories Ltd INE361B01024 | 1.91% |
| 13 | Ultratech Cement Ltd INE481G01011 | 1.74% |
| 14 | Samvardhana Motherson International Ltd INE775A01035 | 1.70% |
| 15 | Eternal Ltd INE758T01015 | 1.69% |
| 16 | BSE Ltd INE118H01025 | 1.62% |
| 17 | CG Power and Industrial Solutions Ltd INE067A01029 | 1.62% |
| 18 | Interglobe Aviation Ltd INE646L01027 | 1.43% |
| 19 | NTPC Ltd INE733E01010 | 1.43% |
| 20 | TVS Motor Co Ltd INE494B01023 | 1.39% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Canara Robeco ELSS Tax Saver Fund hold?
Canara Robeco ELSS Tax Saver Fund holds 72 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 24.36% of NAV.
What is the largest holding in Canara Robeco ELSS Tax Saver Fund?
The largest position in Canara Robeco ELSS Tax Saver Fund is HDFC Bank Ltd, accounting for 6.49% of NAV in the Banks sector.
Is Canara Robeco ELSS Tax Saver Fund a concentrated or diversified fund?
With a Gini coefficient of 0.383, Canara Robeco ELSS Tax Saver Fund is well-diversified. The HHI concentration index is 23,121 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 24.36% of the portfolio.
What is the market cap allocation of Canara Robeco ELSS Tax Saver Fund?
Based on SEBI's AMFI classification, Canara Robeco ELSS Tax Saver Fund's equity portfolio is split as: Large Cap: 70.39%, Mid Cap: 17.17%, Small Cap: 9.37%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Canara Robeco ELSS Tax Saver Fund invest in most?
Canara Robeco ELSS Tax Saver Fund has the highest allocation to Banks (19.75%), Finance (5.62%), Pharmaceuticals & Biotechnology (5.04%). The fund is invested across 34 sectors in total.
How actively managed is Canara Robeco ELSS Tax Saver Fund compared to other ELSS - Tax Saver Fund funds?
Canara Robeco ELSS Tax Saver Fund has an Active Share of 47.84%, classifying it as "Balanced Approach" among 37 ELSS - Tax Saver Fund peers. This indicates a moderate level of differentiation from category peers.
What changed in Canara Robeco ELSS Tax Saver Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Canara Robeco ELSS Tax Saver Fund exited 1 stock (including HCL Technologies Ltd). Total holding count decreased from 75 to 74 stocks.