JM ELSS Tax Saver Fund

JM Financial Mutual FundEquityPortfolio as of 31 May 2026

JM ELSS Tax Saver Fund holds 53 instruments (97.33% equity), led by HDFC Bank Limited (3.28%), Reliance Industries Limited (3.16%) and Syrma SGS Technology Limited (2.9%), as of its 31 May 2026 SEBI-mandated monthly disclosure.

Holdings
53
Equity Allocation
97.33%
AMC
JM Financial Mutual Fund
Category
Equity

This page shows the complete disclosed portfolio of JM ELSS Tax Saver Fund, managed by JM Financial Mutual Fund, based on its monthly portfolio disclosure dated 31 May 2026. The fund holds 53 instruments with an equity allocation of 97.33%. Percentages are of net assets (% to NAV). Click any stock to see every other mutual fund that also holds it.

Portfolio Analysis

JM ELSS Tax Saver Fund's top 10 holdings account for 27.85% of its portfolio, more diversified than the Equity category average of 37.5%. Financial Services is its largest sector exposure at 30.27% of net assets, spread across 11 sectors in total. Since its 30 April 2026 disclosure, the fund added 1 new position and exited 2 positions, with One 97 Communications Limited seeing the largest move (+0.47pp to 2.38%).

Top 10 Equity Holdings

What Changed: April 2026 → May 2026

Equity holdings compared between the fund's two latest monthly disclosures. Weights are % to NAV; weight moves can also reflect price changes, not only buying or selling.

1 new entry2 exits10 increased10 reduced

Biggest Weight Increases

StockWeightChange
One 97 Communications Limited1.91% → 2.38%▲ +0.47
Shriram Finance Limited1.32% → 1.76%▲ +0.44
Polycab India Limited2.18% → 2.51%▲ +0.33
TITAGARH RAIL SYSTEMS LIMITED1.18% → 1.5%▲ +0.32
Syrma SGS Technology Limited2.6% → 2.9%▲ +0.3
Shaily Engineering Plastics Limited1.71% → 1.99%▲ +0.28
Bosch Limited1.39% → 1.64%▲ +0.25
BSE Limited2.07% → 2.32%▲ +0.25
Adani Power Limited2.52% → 2.72%▲ +0.2
Coforge Limited1.2% → 1.4%▲ +0.2

Biggest Weight Reductions

StockWeightChange
Reliance Industries Limited3.48% → 3.16%▼ -0.32
Jubilant Foodworks Limited1.86% → 1.64%▼ -0.22
State Bank of India1.97% → 1.75%▼ -0.22
KEC International Limited1.72% → 1.51%▼ -0.21
Sanathan Textiles Limited1.99% → 1.78%▼ -0.21
HDFC Bank Limited3.45% → 3.28%▼ -0.17
Onesource Specialty Pharma Limited2.2% → 2.05%▼ -0.15
United Spirits Limited2.24% → 2.11%▼ -0.13
Bharti Airtel Limited2.83% → 2.7%▼ -0.13
Travel Food Services Limited2.39% → 2.29%▼ -0.1

Top Holdings — Weight Trend

% to NAV of the fund's current top holdings over its last 5 monthly disclosures (Jan – May 2026).

Jan: 4.23%, Feb: 4.01%, Mar: 3.67%, Apr: 3.45%, May: 3.28%
3.28%
Jan: 3.45%, Feb: 3.43%, Mar: 3.67%, Apr: 3.48%, May: 3.16%
3.16%
Jan: 2.1%, Feb: 2.25%, Mar: 2.35%, Apr: 2.6%, May: 2.9%
2.9%
Jan: 3.04%, Feb: 3.08%, Mar: 2.99%, Apr: 2.79%, May: 2.73%
2.73%
Jan: 3.58%, Feb: 3.63%, Mar: 3.3%, Apr: 2.73%, May: 2.73%
2.73%

Full Portfolio (53 holdings)

#HoldingSector% to NAV
1HDFC Bank LimitedFinancial Services3.28%
2Reliance Industries LimitedEnergy3.16%
3Syrma SGS Technology LimitedIndustrials2.9%
4ICICI Bank LimitedFinancial Services2.73%
5Larsen & Toubro LimitedIndustrials2.73%
6Adani Power LimitedUtilities2.72%
7Bharti Airtel LimitedTelecommunication2.7%
8Karur Vysya Bank LimitedFinancial Services2.58%
9Lupin LimitedHealthcare2.54%
10Polycab India LimitedIndustrials2.51%
11One 97 Communications LimitedFinancial Services2.38%
12BSE LimitedFinancial Services2.32%
13Travel Food Services LimitedConsumer Discretionary2.29%
14WeWork India Management LimitedIndustrials2.25%
15Bajaj Auto LimitedConsumer Discretionary2.25%
16JINDAL STEEL LIMITEDMaterials2.17%
17Max Healthcare Institute LimitedHealthcare2.16%
18Maruti Suzuki India LimitedConsumer Discretionary2.12%
19United Spirits LimitedConsumer Staples2.11%
20Onesource Specialty Pharma LimitedHealthcare2.05%
21Shaily Engineering Plastics LimitedConsumer Discretionary1.99%
22Max Financial Services LimitedFinancial Services1.98%
23Bajaj Finance LimitedFinancial Services1.98%
24Mahindra & Mahindra Financial Services LimitedFinancial Services1.95%
25PNB Housing Finance LimitedFinancial Services1.88%
26Kotak Mahindra Bank LimitedFinancial Services1.87%
27Manappuram Finance LimitedFinancial Services1.81%
28Tech Mahindra LimitedInformation Technology1.81%
29Sanathan Textiles LimitedConsumer Discretionary1.78%
30Shriram Finance LimitedFinancial Services1.76%
31State Bank of IndiaFinancial Services1.75%
32Bosch LimitedConsumer Discretionary1.64%
33Jubilant Foodworks LimitedConsumer Discretionary1.64%
34Cartrade Tech LimitedConsumer Discretionary1.61%
35ETERNAL LIMITEDConsumer Discretionary1.57%
36CCILother1.55%
37Apar Industries LimitedIndustrials1.54%
38Navin Fluorine International LimitedMaterials1.53%
39Godfrey Phillips India LimitedConsumer Staples1.52%
40Hindalco Industries LimitedMaterials1.52%
41KEC International LimitedIndustrials1.51%
42TITAGARH RAIL SYSTEMS LIMITEDIndustrials1.5%
43The India Cements LimitedMaterials1.42%
44Infosys LimitedInformation Technology1.42%
45Coforge LimitedInformation Technology1.4%
46Persistent Systems LimitedInformation Technology1.4%
47Mahindra & Mahindra LimitedConsumer Discretionary1.39%
48Prestige Estates Projects LimitedReal Estate1.25%
49Net Receivable/Payableother1.08%
50Spandana Sphoorty Financial LimitedFinancial Services0.96%
51CEAT LimitedConsumer Discretionary0.96%
52Nuvama Wealth Management LimitedFinancial Services0.93%
53Spandana Sphoorty Financial LimitedFinancial Services0.11%

Frequently Asked Questions

Yes. As of its 31 May 2026 disclosure, HDFC Bank Limited is 3.28% of JM ELSS Tax Saver Fund's net assets — its number 1 holding.
Yes. As of its 31 May 2026 disclosure, Reliance Industries Limited is 3.16% of JM ELSS Tax Saver Fund's net assets — its number 2 holding.
Yes. As of its 31 May 2026 disclosure, Syrma SGS Technology Limited is 2.9% of JM ELSS Tax Saver Fund's net assets — its number 3 holding.
Yes. As of its 31 May 2026 disclosure, ICICI Bank Limited is 2.73% of JM ELSS Tax Saver Fund's net assets — its number 4 holding.
Yes. As of its 31 May 2026 disclosure, Larsen & Toubro Limited is 2.73% of JM ELSS Tax Saver Fund's net assets — its number 5 holding.

New to reading these? See How to Read a Mutual Fund's Monthly Portfolio Disclosure, or check terms like % to NAV in the glossary.

Source: JM Financial Mutual Fund's SEBI-mandated monthly portfolio disclosure, dated 31 May 2026. Data is for information only, not investment advice. Holdings may have changed since the disclosure date.