UTI ELSS Tax Saver Fund
UTI Mutual Fund·ELSS - Tax Saver Fund·vs Nifty 500 TRI
The fund maintains a heavily bank-centric positioning with over a quarter of assets concentrated in financial stocks, betting on sustained lending growth and sector resilience. The manager's recent exit from HCL Technologies while holding steady on IT exposure signals selective stock-picking rather than broad tech sector confidence. A modest cash buildup to 2.1% suggests tactical caution, though the equity-heavy stance reflects conviction in cyclical recovery across financials and discretionary sectors.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Direct Growth | ₹217.4200 | -0.58% | — | — | — | — | — |
| Regular Growth | ₹192.7345 | -0.66% | -6.28% | -8.04% | -4.17% | +10.61% | +10.25% |
| Direct IDCW | ₹51.2379 | -0.58% | — | — | — | — | — |
| Regular IDCW | ₹36.8202 | -0.66% | — | — | — | — | — |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
59
Top 5 Weight
26.81%
Top 10 Weight
40.08%
Active Share
—
Large Cap
62.95%
Gini
0.353
What Changed2026-03-31 → 2026-04-30
Holdings: 63 → 61+0 added−2 removed21 weight shifts ≥ 0.1%
| Stock | Weight | |
|---|---|---|
| No new entries this month | ||
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | EQ - HDFC BANK LIMITED INE040A01034 | 8.31% |
| 2 | EQ - ICICI BANK LTD INE090A01021 | 6.43% |
| 3 | EQ - BHARTI AIRTEL LTD. INE397D01024 | 4.39% |
| 4 | EQ - KOTAK MAHINDRA BANK LTD. INE237A01036 | 3.90% |
| 5 | EQ - AXIS BANK LTD. INE238A01034 | 3.78% |
| 6 | EQ - RELIANCE INDUSTRIES LTD. INE002A01018 | 3.02% |
| 7 | EQ - INFOSYS LTD. INE009A01021 | 2.75% |
| 8 | EQ - BAJAJ FINANCE LTD. INE296A01032 | 2.73% |
| 9 | EQ - TATA STEEL LTD. INE081A01020 | 2.40% |
| 10 | EQ - STATE BANK OF INDIA INE062A01020 | 2.37% |
| 11 | EQ - MAHINDRA & MAHINDRA LTD. INE101A01026 | 2.25% |
| 12 | NET CURRENT ASSETS | 2.10% |
| 13 | EQ - MARUTI SUZUKI INDIA LTD. INE585B01010 | 1.97% |
| 14 | EQ - TECH MAHINDRA LTD. INE669C01036 | 1.93% |
| 15 | EQ - PHOENIX MILLS LTD INE211B01039 | 1.84% |
| 16 | EQ - CROMPTON GREAVES CONSUMER ELEC INE299U01018 | 1.74% |
| 17 | EQ - AJANTA PHARMA LTD. INE031B01049 | 1.67% |
| 18 | EQ - JUBILANT FOODWORKS LTD. INE797F01020 | 1.67% |
| 19 | EQ - ASTER DM HEALTHCARE LTD INE914M01019 | 1.63% |
| 20 | EQ - COFORGE LTD INE591G01025 | 1.57% |
Sector Allocation
Banks26.5%
IT - Software8.3%
Automobiles5.7%
Retailing5.2%
Consumer Durables4.5%
Telecom - Services4.4%
Finance4.1%
Petroleum Products3.7%
Auto Components3.4%
Realty3.3%
Top 10 sectors by % to NAV. Excludes derivatives.