Union ELSS Tax Saver Fund
Union ELSS maintains a decisive banking overweight at nearly 23 percent, doubling down on financial sector resilience while diversifying into infrastructure and capital goods through fresh additions like JSW Infrastructure and BHEL. The manager's portfolio pruning—exiting growth stories like Info Edge and Vedanta in favor of cyclical plays—signals conviction that economic expansion will reward traditional sectors over momentum trades. With 75 holdings and concentrated top-10 exposure at a third of assets, this fund prioritizes quality franchises over broad diversification, suitable for tax-conscious investors betting on rate stability and domestic growth.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Primary | ₹62.7100 | -0.24% | -0.48% | +12.85% | +13.58% |
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 |
|---|---|
| JSW Infrastructure Ltd. | 1.10% |
| Bharat Heavy Electricals Ltd. | 0.96% |
| UNO Minda Ltd. | 0.84% |
| Aegis Vopak Terminals Ltd. | 0.30% |
| Clean Max Enviro Energy Solutions Ltd. | 0.15% |
| 364 Day Treasury Bills | 0.05% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | HDFC Bank Ltd. INE040A01034 | 5.27% |
| 2 | ICICI Bank Ltd. INE090A01021 | 4.95% |
| 3 | Reliance Industries Ltd. INE002A01018 | 3.96% |
| 4 | State Bank of India INE062A01020 | 3.57% |
| 5 | Bharti Airtel Ltd. INE397D01024 | 2.89% |
| 6 | Larsen & Toubro Ltd. INE018A01030 | 2.62% |
| 7 | Gabriel India Ltd. INE524A01029 | 2.57% |
| 8 | Axis Bank Ltd. INE238A01034 | 2.40% |
| 9 | Kotak Mahindra Bank Ltd. INE237A01036 | 2.34% |
| 10 | Shriram Finance Ltd. INE721A01047 | 2.21% |
| 11 | Infosys Ltd. INE009A01021 | 2.17% |
| 12 | Maruti Suzuki India Ltd. INE585B01010 | 1.90% |
| 13 | Acutaas Chemicals Ltd. INE00FF01025 | 1.90% |
| 14 | JSW Energy Ltd. INE121E01018 | 1.86% |
| 15 | TREPS | 1.85% |
| 16 | Jindal Steel Ltd. INE749A01030 | 1.78% |
| 17 | Bharat Electronics Ltd. INE263A01024 | 1.67% |
| 18 | Solar Industries India Ltd. INE343H01029 | 1.66% |
| 19 | CG Power and Industrial Solutions Ltd. INE067A01029 | 1.65% |
| 20 | TVS Motor Company Ltd. INE494B01023 | 1.60% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Union ELSS Tax Saver Fund hold?
Union ELSS Tax Saver Fund holds 73 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 20.64% of NAV.
What is the largest holding in Union ELSS Tax Saver Fund?
The largest position in Union ELSS Tax Saver Fund is HDFC Bank Ltd., accounting for 5.27% of NAV in the Banks sector.
Is Union ELSS Tax Saver Fund a concentrated or diversified fund?
With a Gini coefficient of 0.351, Union ELSS Tax Saver Fund is well-diversified. The HHI concentration index is 20,086 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 20.64% of the portfolio.
What is the market cap allocation of Union ELSS Tax Saver Fund?
Based on SEBI's AMFI classification, Union ELSS Tax Saver Fund's equity portfolio is split as: Large Cap: 56.75%, Mid Cap: 18.16%, Small Cap: 20.90%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Union ELSS Tax Saver Fund invest in most?
Union ELSS Tax Saver Fund has the highest allocation to Banks (22.88%), Auto Components (5.74%), Pharmaceuticals & Biotechnology (5.64%). The fund is invested across 34 sectors in total.
How actively managed is Union ELSS Tax Saver Fund compared to other ELSS - Tax Saver Fund funds?
Union ELSS Tax Saver Fund has an Active Share of 52.98%, 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 Union ELSS Tax Saver Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Union ELSS Tax Saver Fund added 6 new stocks (including JSW Infrastructure Ltd.) and exited 7 stocks (including 360 ONE WAM Ltd.). Total holding count decreased from 76 to 75 stocks.