SBI ELSS Tax Saver Fund

SBI Mutual FundEquityPortfolio as of 31 July 2026

SBI ELSS Tax Saver Fund holds 84 instruments (95.7% equity), led by ICICI Bank Limited (8.44%), HDFC Bank Limited (7.9%) and Kotak Mahindra Bank Limited (5.52%), as of its 31 July 2026 SEBI-mandated monthly disclosure.

Holdings

Equity Allocation

95.7%

AMC

SBI Mutual Fund

Portfolio Analysis

SBI ELSS Tax Saver Fund's top 10 holdings account for 41.58% of its portfolio, more concentrated than the Equity category average of 37.5%. Financial Services is its largest sector exposure at 37.31% of net assets, spread across 12 sectors in total. Since its 30 June 2026 disclosure, the fund added 7 new positions and exited 4 positions, with Adani Enterprises Limited seeing the largest move (+1.58pp to 3.2%).

Top 10 Equity Holdings

ICICI Bank Limited · 8.44%HDFC Bank Limited · 7.9%Kotak Mahindra Bank Limited · 5.52%Reliance Industries Limited · 3.96%Adani Enterprises Limited · 3.2%Bajaj Finance Limited · 3.05%Larsen & Toubro Limited · 2.77%Torrent Power Limited · 2.46%Cipla Limited · 2.17%AIA Engineering Limited · 2.11%

What Changed: June 2026 → July 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.

7 new entries4 exits9 increased10 reduced

New Entries

Eicher Motors Limited · 0.57%Karur Vysya Bank Limited · 0.44%Computer Age Management Services Limited · 0.3%Bandhan Bank Limited · 0.22%Samvardhana Motherson International Limited · 0.15%GSPL Transmission Limited · 0.06%Tata Capital Limited · 0.01%

Complete Exits

Bharat Heavy Electricals Limited · was 1.3%Mahindra & Mahindra Limited · was 0.79%HDFC Asset Management Company Limited · was 0.42%Sanofi Consumer Healthcare India Limited · was 0.21%

Biggest Weight Increases

Stock	Weight	Change
Adani Enterprises Limited	1.62% → 3.2%	▲ +1.58
Bajaj Finance Limited	1.97% → 3.05%	▲ +1.08
Reliance Industries Limited	2.96% → 3.96%	▲ +1
HDFC Bank Limited	7.29% → 7.9%	▲ +0.61
Manappuram Finance Limited	0.51% → 1.01%	▲ +0.5
Bosch Limited	0.21% → 0.57%	▲ +0.36
Tech Mahindra Limited	1.67% → 1.93%	▲ +0.26
Britannia Industries Limited	1.09% → 1.24%	▲ +0.15
FSN E-Commerce Ventures Limited	1.76% → 1.86%	▲ +0.1

Biggest Weight Reductions

Stock	Weight	Change
State Bank of India	2.94% → 1.46%	▼ -1.48
ICICI Bank Limited	9.51% → 8.44%	▼ -1.07
Kotak Mahindra Bank Limited	6.42% → 5.52%	▼ -0.9
Tata Consultancy Services Limited	1.82% → 0.99%	▼ -0.83
Lupin Limited	2.04% → 1.45%	▼ -0.59
Rallis India Limited	0.45% → 0.1%	▼ -0.35
Muthoot Finance Limited	1.25% → 0.9%	▼ -0.35
AIA Engineering Limited	2.37% → 2.11%	▼ -0.26
Larsen & Toubro Limited	2.95% → 2.77%	▼ -0.18
Medplus Health Services Limited	1.04% → 0.89%	▼ -0.15

Top Holdings — Weight Trend

% to NAV of the fund's current top holdings over its last 6 monthly disclosures (Feb – Jul 2026).

ICICI Bank Limited

8.44%

HDFC Bank Limited

7.9%

Kotak Mahindra Bank Limited

5.52%

Reliance Industries Limited

3.96%

Adani Enterprises Limited

3.2%

Full Portfolio (84 holdings)

#	Holding	Sector	% to NAV
1	ICICI Bank Limited	Financial Services	8.44%
2	HDFC Bank Limited	Financial Services	7.9%
3	Kotak Mahindra Bank Limited	Financial Services	5.52%
4	Reliance Industries Limited	Energy	3.96%
5	TREPStreps	—	3.88%
6	Adani Enterprises Limited	Materials	3.2%
7	Bajaj Finance Limited	Financial Services	3.05%
8	Larsen & Toubro Limited	Industrials	2.77%
9	Torrent Power Limited	Utilities	2.46%
10	Cipla Limited	Healthcare	2.17%
11	AIA Engineering Limited	Industrials	2.11%
12	Tata Steel Limited	Materials	2.04%
13	Tech Mahindra Limited	Information Technology	1.93%
14	Bharti Airtel Limited	Telecommunication	1.87%
15	FSN E-Commerce Ventures Limited	Consumer Discretionary	1.86%
16	HDFC Life Insurance Company Limited	Financial Services	1.73%
17	Sun Pharmaceutical Industries Limited	Healthcare	1.68%
18	Oil & Natural Gas Corporation Limited	Energy	1.65%
19	Cholamandalam Investment and Finance Company Limited	Financial Services	1.49%
20	GAIL (India) Limited	Utilities	1.49%
21	State Bank of India	Financial Services	1.46%
22	Lupin Limited	Healthcare	1.45%
23	Hindalco Industries Limited	Materials	1.38%
24	Asian Paints Limited	Consumer Discretionary	1.35%
25	Grindwell Norton Limited	Industrials	1.24%
26	Britannia Industries Limited	Consumer Staples	1.24%
27	TVS Holdings Limited	Financial Services	1.22%
28	Adani Energy Solutions Limited	Utilities	1.15%
29	ICICI Prudential Life Insurance Company Limited	Financial Services	1.1%
30	Mahindra Lifespace Developers Limited	Real Estate	1.09%
31	Tata Motors Limited	Industrials	1.08%
32	Manappuram Finance Limited	Financial Services	1.01%
33	Sheela Foam Limited	Consumer Discretionary	1%
34	Bharat Forge Limited	Consumer Discretionary	1%
35	Tata Consultancy Services Limited	Information Technology	0.99%
36	Hexaware Technologies Limited	Information Technology	0.94%
37	Infosys Limited	Information Technology	0.93%
38	Delhivery Limited	Services	0.9%
39	Muthoot Finance Limited	Financial Services	0.9%
40	Medplus Health Services Limited	Consumer Discretionary	0.89%
41	Tata Communications Limited	Telecommunication	0.87%
42	JSW Energy Limited	Utilities	0.77%
43	Sundaram Clayton Limited	Consumer Discretionary	0.75%
44	Aurobindo Pharma Limited	Healthcare	0.73%
45	Godrej Consumer Products Limited	Consumer Staples	0.66%
46	Cummins India Limited	Industrials	0.65%
47	Eicher Motors Limited	Consumer Discretionary	0.57%
48	Bosch Limited	Consumer Discretionary	0.57%
49	Bank of Baroda	Financial Services	0.56%
50	Navin Fluorine International Limited	Materials	0.54%
51	Biocon Limited	Healthcare	0.54%
52	United Breweries Limited	Consumer Staples	0.54%
53	SHREE CEMENT LIMITED	Materials	0.52%
54	Berger Paints (I) Limited	Consumer Discretionary	0.51%
55	Equitas Small Finance Bank Limited	Financial Services	0.51%
56	Cholamandalam Financial Holdings Limited	Financial Services	0.5%
57	Kajaria Ceramics Limited	Consumer Discretionary	0.49%
58	JSW Cement Limited	Materials	0.48%
59	Karur Vysya Bank Limited	Financial Services	0.44%
60	Balkrishna Industries Limited	Consumer Discretionary	0.44%
61	Niva Bupa Health Insurance Company Limited	Financial Services	0.43%
62	Jubilant Foodworks Limited	Consumer Discretionary	0.41%
63	HeidelbergCement India Limited	Materials	0.36%
64	Prism Johnson Limited	Materials	0.34%
65	Krishna Institute of Medical Sciences Limited	Healthcare	0.33%
66	Pitti Engineering Limited	Industrials	0.31%
67	Gujarat Gas Limited	Utilities	0.31%
68	Computer Age Management Services Limited	Financial Services	0.3%
69	Net Receivable / Payableother	—	0.3%
70	Aavas Financiers Limited	Financial Services	0.27%
71	The South Indian Bank Limited	Financial Services	0.25%
72	Bandhan Bank Limited	Financial Services	0.22%
73	Thermax Limited	Industrials	0.16%
74	Timken India Limited	Industrials	0.16%
75	Samvardhana Motherson International Limited	Consumer Discretionary	0.15%
76	Deepak Fertilizers and Petrochemicals Corporation Limited	Materials	0.13%
77	364 DAY T-BILLtbill	—	0.12%
78	Rallis India Limited	Materials	0.1%
79	Solar Industries India Limited	Materials	0.07%
80	GSPL Transmission Limited	Utilities	0.06%
81	Sanofi India Limited	Healthcare	0.05%
82	Tata Capital Limited	Financial Services	0.01%
83	Angel One Limited	Financial Services	0%
84	MANPASAND BEVERAGES LTD	Consumer Staples	0%

Frequently Asked Questions

Yes. As of its 31 July 2026 disclosure, ICICI Bank Limited is 8.44% of SBI ELSS Tax Saver Fund's net assets — its number 1 holding.

Yes. As of its 31 July 2026 disclosure, HDFC Bank Limited is 7.9% of SBI ELSS Tax Saver Fund's net assets — its number 2 holding.

Yes. As of its 31 July 2026 disclosure, Kotak Mahindra Bank Limited is 5.52% of SBI ELSS Tax Saver Fund's net assets — its number 3 holding.

Yes. As of its 31 July 2026 disclosure, Reliance Industries Limited is 3.96% of SBI ELSS Tax Saver Fund's net assets — its number 4 holding.

Yes. As of its 31 July 2026 disclosure, Adani Enterprises Limited is 3.2% of SBI 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: SBI Mutual Fund's SEBI-mandated monthly portfolio disclosure, dated 31 July 2026. Data is for information only, not investment advice. Holdings may have changed since the disclosure date.