Nippon India ELSS Tax Saver Fund
The fund maintains a pronounced tilt toward financial services, with banking alone commanding nearly 22 percent of the portfolio, signaling conviction in India's credit growth and deposit dynamics. The manager recently trimmed IT exposure by exiting LTIMindtree while initiating positions in TCS and Adani Ports, suggesting a pivot toward infrastructure plays and large-cap tech stability. This recalibration, combined with modest cash reserves, indicates the manager is selectively hunting for value amid a backdrop favoring cyclicals and defensive sectors.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Regular Growth | ₹127.8446 | -0.61% | +1.34% | +16.22% | +15.18% |
Portfolio Metrics(latest month)
vs Category Peers
Active Stock PickerActive 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 |
|---|---|
| Adani Ports and Special Economic Zone Limited | 0.90% |
| Tata Consultancy Services Limited | 0.67% |
| Cash Margin - CCIL | 0.01% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | ICICI Bank Limited INE090A01021 | 7.11% |
| 2 | HDFC Bank Limited INE040A01034 | 6.39% |
| 3 | Axis Bank Limited INE238A01034 | 4.22% |
| 4 | NTPC Limited INE733E01010 | 3.79% |
| 5 | State Bank of India INE062A01020 | 3.55% |
| 6 | Reliance Industries Limited INE002A01018 | 3.30% |
| 7 | Samvardhana Motherson International Limited INE775A01035 | 3.15% |
| 8 | Infosys Limited INE009A01021 | 3.05% |
| 9 | Bharti Airtel Limited INE397D01024 | 2.93% |
| 10 | Power Finance Corporation Limited INE134E01011 | 2.77% |
| 11 | TVS Holdings Limited INE105A01035 | 2.57% |
| 12 | Radico Khaitan Limited INE944F01028 | 2.32% |
| 13 | Coal India Limited INE522F01014 | 2.22% |
| 14 | Eternal Limited INE758T01015 | 2.01% |
| 15 | Avenue Supermarts Limited INE192R01011 | 1.77% |
| 16 | Triparty Repo | 1.76% |
| 17 | KSB Limited INE999A01023 | 1.76% |
| 18 | GE Vernova T&D India Limited INE200A01026 | 1.74% |
| 19 | Divi's Laboratories Limited INE361B01024 | 1.63% |
| 20 | Tata Power Company Limited INE245A01021 | 1.60% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Nippon India ELSS Tax Saver Fund hold?
Nippon India ELSS Tax Saver Fund holds 62 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 25.06% of NAV.
What is the largest holding in Nippon India ELSS Tax Saver Fund?
The largest position in Nippon India ELSS Tax Saver Fund is ICICI Bank Limited, accounting for 7.11% of NAV in the Banks sector.
Is Nippon India ELSS Tax Saver Fund a concentrated or diversified fund?
With a Gini coefficient of 0.391, Nippon India ELSS Tax Saver Fund is well-diversified. The HHI concentration index is 26,171 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 25.06% of the portfolio.
What is the market cap allocation of Nippon India ELSS Tax Saver Fund?
Based on SEBI's AMFI classification, Nippon India ELSS Tax Saver Fund's equity portfolio is split as: Large Cap: 62.98%, Mid Cap: 20.11%, Small Cap: 14.14%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Nippon India ELSS Tax Saver Fund invest in most?
Nippon India ELSS Tax Saver Fund has the highest allocation to Banks (21.83%), Finance (9.21%), Power (7.33%). The fund is invested across 27 sectors in total.
How actively managed is Nippon India ELSS Tax Saver Fund compared to other ELSS - Tax Saver Fund funds?
Nippon India ELSS Tax Saver Fund has an Active Share of 58.86%, classifying it as "Active Stock Picker" among 37 ELSS - Tax Saver Fund peers. This indicates a moderate level of differentiation from category peers.
What changed in Nippon India ELSS Tax Saver Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Nippon India ELSS Tax Saver Fund added 3 new stocks (including Adani Ports and Special Economic Zone Limited) and exited 3 stocks (including LTIMindtree Limited). Total holding count remained at 65 stocks.