Sundaram ELSS Tax Saver Fund
The fund is heavily tilted toward financial stability, with banking stocks commanding over a quarter of the portfolio—a defensive positioning that suggests conviction in steady dividend yields and resilience. The significant cash accumulation and exit from growth-oriented names like Tech Mahindra and Varun Beverages signal the manager is rotating toward quality, large-cap anchors, while the sharp uptick in TREPS allocation hints at tactical liquidity management ahead of potential market volatility.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Primary | ₹485.4705 | -2.04% | -2.67% | +12.03% | — |
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 | |
|---|---|---|
| No new entries this month | ||
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | HDFC Bank Ltd INE040A01034 | 6.89% |
| 2 | ICICI Bank Ltd INE090A01021 | 5.76% |
| 3 | TREPS | 5.72% |
| 4 | Reliance Industries Ltd INE002A01018 | 4.37% |
| 5 | Axis Bank Ltd INE238A01034 | 4.28% |
| 6 | Bharti Airtel Ltd INE397D01024 | 3.92% |
| 7 | State Bank of India INE062A01020 | 3.87% |
| 8 | Larsen & Toubro Ltd INE018A01030 | 3.46% |
| 9 | Infosys Ltd INE009A01021 | 3.18% |
| 10 | Kotak Mahindra Bank Ltd INE237A01036 | 2.81% |
| 11 | Kirloskar Oil Engines Ltd INE146L01010 | 2.57% |
| 12 | Ultratech Cement Ltd INE481G01011 | 2.41% |
| 13 | Mahindra & Mahindra Ltd INE101A01026 | 2.18% |
| 14 | Force Motors Ltd INE451A01017 | 2.15% |
| 15 | ITC Ltd INE154A01025 | 2.10% |
| 16 | NTPC LTD INE733E01010 | 1.93% |
| 17 | Oil & Natural Gas Corporation Ltd INE213A01029 | 1.82% |
| 18 | Union Bank of India INE692A01016 | 1.79% |
| 19 | Cummins India Ltd INE298A01020 | 1.75% |
| 20 | Cipla Ltd INE059A01026 | 1.71% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Sundaram ELSS Tax Saver Fund hold?
Sundaram ELSS Tax Saver Fund holds 53 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 25.20% of NAV.
What is the largest holding in Sundaram ELSS Tax Saver Fund?
The largest position in Sundaram ELSS Tax Saver Fund is HDFC Bank Ltd, accounting for 6.89% of NAV in the Banks sector.
Is Sundaram ELSS Tax Saver Fund a concentrated or diversified fund?
With a Gini coefficient of 0.360, Sundaram ELSS Tax Saver Fund is well-diversified. The HHI concentration index is 26,129 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 25.20% of the portfolio.
What is the market cap allocation of Sundaram ELSS Tax Saver Fund?
Based on SEBI's AMFI classification, Sundaram ELSS Tax Saver Fund's equity portfolio is split as: Large Cap: 62.77%, Mid Cap: 11.15%, Small Cap: 17.67%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Sundaram ELSS Tax Saver Fund invest in most?
Sundaram ELSS Tax Saver Fund has the highest allocation to Banks (27.09%), It - Software (6.46%), Cement & Cement Products (4.67%). The fund is invested across 32 sectors in total.
How actively managed is Sundaram ELSS Tax Saver Fund compared to other ELSS - Tax Saver Fund funds?
Sundaram ELSS Tax Saver Fund has an Active Share of 53.83%, 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 Sundaram ELSS Tax Saver Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Sundaram ELSS Tax Saver Fund exited 4 stocks (including Tech Mahindra Ltd). Total holding count decreased from 59 to 55 stocks.