Motilal Oswal ELSS Tax Saver Fund
The fund tilts toward emerging growth opportunities with a concentrated mid-cap bias, holding just 29 stocks where the top ten account for nearly half the portfolio. The manager's recent rotation—adding specialty chemicals and asset management plays while trimming large-cap real estate—suggests conviction in structural themes like fintech, energy transition, and specialty manufacturing over traditional cyclicals. This tactical rebalancing signals selective repositioning within the growth narrative rather than a fundamental market view shift.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹62.8220 | — | — | — | — |
| Regular Growth | ₹54.3120 | +4.27% | +7.22% | +23.83% | +19.89% |
Portfolio Metrics(latest month)
vs Category Peers
Highly DifferentiatedActive 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 |
|---|---|
| TRP_040526 | 1.18% |
| Nippon Life India Asset Management Limited | 1.60% |
| Shaily Engineering Plastics Limited | 1.00% |
| Eternal Limited | 2.04% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Multi Commodity Exchange of India Ltd INE745G01043 | 7.63% |
| 2 | Piramal Finance Limited INE202B01038 | 5.57% |
| 3 | Jain Resource Recycling Limited INE0YD401026 | 4.94% |
| 4 | Apar Industries Ltd INE372A01015 | 4.84% |
| 5 | Ather Energy Limited INE0LEZ01016 | 4.62% |
| 6 | Onesource Specialty Pharma Limited INE013P01021 | 4.56% |
| 7 | Billionbrains Garage Ventures Ltd INE0HOQ01053 | 4.38% |
| 8 | Zen Technologies Limited INE251B01027 | 4.37% |
| 9 | Amber Enterprises India Limited INE371P01015 | 4.24% |
| 10 | Waaree Energies Limited INE377N01017 | 4.20% |
| 11 | Muthoot Finance Ltd INE414G01012 | 4.02% |
| 12 | PTC Industries Limited INE596F01018 | 3.97% |
| 13 | Suzlon Energy Ltd INE040H01021 | 3.88% |
| 14 | Bharat Electronics Ltd INE263A01024 | 3.63% |
| 15 | Gujarat Fluorochemicals Limited INE09N301011 | 3.57% |
| 16 | Bharat Dynamics Limited INE171Z01026 | 3.47% |
| 17 | Shriram Finance Limited INE721A01047 | 3.47% |
| 18 | Premier Energies Limited INE0BS701011 | 3.40% |
| 19 | One 97 Communications Limited INE982J01020 | 3.28% |
| 20 | KSB Limited INE999A01023 | 2.77% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Motilal Oswal ELSS Tax Saver Fund hold?
Motilal Oswal ELSS Tax Saver Fund holds 28 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 27.59% of NAV.
What is the largest holding in Motilal Oswal ELSS Tax Saver Fund?
The largest position in Motilal Oswal ELSS Tax Saver Fund is Multi Commodity Exchange of India Ltd, accounting for 7.63% of NAV.
Is Motilal Oswal ELSS Tax Saver Fund a concentrated or diversified fund?
With a Gini coefficient of 0.215, Motilal Oswal ELSS Tax Saver Fund is well-diversified. The HHI concentration index is 41,056 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 27.59% of the portfolio.
What is the market cap allocation of Motilal Oswal ELSS Tax Saver Fund?
Based on SEBI's AMFI classification, Motilal Oswal ELSS Tax Saver Fund's equity portfolio is split as: Large Cap: 13.16%, Mid Cap: 40.11%, Small Cap: 37.73%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Motilal Oswal ELSS Tax Saver Fund invest in most?
Motilal Oswal ELSS Tax Saver Fund has the highest allocation to Cash & Equivalent (4.94%), Financial Technology (Fintech) (4.84%), Chemicals & Petrochemicals (4.62%). The fund is invested across 11 sectors in total.
How actively managed is Motilal Oswal ELSS Tax Saver Fund compared to other ELSS - Tax Saver Fund funds?
Motilal Oswal ELSS Tax Saver Fund has an Active Share of 94.53%, classifying it as "Highly Differentiated" among 37 ELSS - Tax Saver Fund peers. This means the fund takes significantly different stock positions compared to its category peers.
What changed in Motilal Oswal ELSS Tax Saver Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Motilal Oswal ELSS Tax Saver Fund added 4 new stocks (including TRP_040526) and exited 1 stock (including Prestige Estates Projects Limited). Total holding count increased from 26 to 29 stocks.