← HDFC Mutual Fund

HDFC Banking & Financial Services Fund

Equity Data as of Aug 2026 Comparing Jul 2026 → Aug 2026
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Stocks Held
38
Aug 2026
Equity Holdings
₹4,672.10 Cr
Equity only, excl. debt & cash
AAUM
₹4,351.67 Cr
Apr-Jun 2026 · Direct + Regular
Top 5 Weight
48.8%
High concentration
Top 10 Weight
66.1%
High concentration
Changes
40
4 new · 2 exits
Top Sector
Banks
57.9% of portfolio
Launch Date
11 Jun 2021
5 years old

AAUM (Average Assets Under Management) of ₹4,351.67 Cr for Apr-Jun 2026 is the combined figure across Direct and Regular plans — sourced from AMFI India's quarterly disclosure. Equity Holdings above shows only the stock portion from the latest portfolio filing.

📋 What Happened This Month HDFC Banking & Financial Services Fund made 4 new additions and exited 2 stocks this month. The biggest new buy was Life Insurance Corporation Of India (Insurance) at 1.61% weight. Power Finance Corporation Limited was the biggest exit (Finance), which was held at 1.28%. Among existing holdings, Kotak Mahindra Bank Limited saw the biggest increase — now at 8.17% of the portfolio. HDFC Bank Limited was trimmed the most, now at 12.18%. ICICI Bank Limited remains the top holding with Banks the dominant sector at 57.9%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.
Sector Shift Industry allocation month-over-month
Jun 2026 Jul 2026
Sector Prev Curr Delta
Banks 60.8% 58.1% -2.7%
Finance 24.1% 25.0% +0.9%
Insurance 7.0% 7.4% +0.4%
Capital Markets 4.9% 6.7% +1.8%
Financial Technology (Fintech) 1.3% 1.1% -0.2%
N.A. 1.2% 0.9% -0.3%
Jul 2026 Aug 2026
Sector Prev Curr Delta
Banks 58.1% 57.9% -0.2%
Finance 25.0% 23.1% -1.9%
Insurance 7.4% 9.1% +1.7%
Capital Markets 6.7% 7.3% +0.6%
Financial Technology (Fintech) 1.1% 1.6% +0.5%
N.A. 0.9% 0.8% -0.1%
🟢
Biggest New Buy
Life Insurance Corporation Of India
1.61% weight · Insurance
🔴
Biggest Exit
Power Finance Corporation Limited
1.28% was held · Finance
Biggest Add
Kotak Mahindra Bank Limited
+0.47% · now 8.17%
Biggest Trim
HDFC Bank Limited
-0.83% · now 12.18%
🤝 Other funds also bought this month
Life Insurance Corporation Of India 87 funds
Life Insurance Corporation Of India
quant PSU Fund - Growth Option - Direct Plan
quant BFSI Fund - Growth Option - Direct Plan
ICICI Prudential BSE Insurance ETF + more
One 97 Communications Limited 56 funds
One 97 Communications Limited
Mirae Asset BSE Select IPO ETF
Mirae Asset BSE Midcap 150 Momentum 30 ETF
JM Aggressive Hybrid Fund + more
BSE Limited 33 funds
BSE Limited
Invesco India Midcap Fund - Direct Plan - Growth Option
360 ONE Focused Fund-Direct Plan-Growth
Invesco India Large & Mid Cap Fund - Direct Plan - Growth + more
HDFC Life Insurance Company Limited 24 funds
HDFC Life Insurance Company Limited
ICICI Prudential BSE Insurance ETF
Bandhan Multi-Factor Fund - Direct Plan - Growth
Mirae Asset Nifty50 Equal Weight ETF + more
👋 Other funds also exited
Power Finance Corporation Limited 51 funds
Power Finance Corporation Limited
Kotak Nifty200 Value 30 Index Fund - Direct - Growth
Kotak Nifty Financial Services Ex-Bank Index Fund - Direct Plan - Growth option
Kotak Multicap Fund-Direct Plan-Growth + more
Medi Assist Healthcare Services Ltd 6 funds
Medi Assist Healthcare Services Ltd
ICICI Prudential Pharma Healthcare and Diagnostics (P.H.D) Fund
Canara Robeco Value Fund - Direct Plan - Growth Option
Kotak Business Cycle - Direct Plan - Growth + more

What Changed in the Portfolio This Month?

Comparing Jul 2026 → Aug 2026

Jul 2026 Aug 2026
🟢 4 New Entries 🔴 2 Exits ↑ 14 Increased ↓ 20 Decreased
#StockSectorWeight (Aug 2026)
1
Life Insurance Corporation Of India
₹75.24 Cr
Insurance 1.61%
2
HDFC Life Insurance Company Limited
₹27.17 Cr
Insurance 0.58%
3
BSE Limited
₹24.62 Cr
Capital Markets 0.53%
4
One 97 Communications Limited
₹13.98 Cr
Financial Technology (Fintech) 0.30%
#StockSectorLast Weight (Jul 2026)
1
Power Finance Corporation Limited
₹59.41 Cr
Finance 1.28%
2
Medi Assist Healthcare Services Ltd
₹6.79 Cr
Insurance 0.15%
#StockSectorJul 2026Aug 2026Change
1
Kotak Mahindra Bank Limited
₹383.15 Cr
Banks 7.70% 8.17% +0.47%
2
Axis Bank Limited
₹364.00 Cr
Banks 7.43% 7.76% +0.33%
3
SBI Funds Management Limited
₹57.47 Cr
Capital Markets 1.01% 1.23% +0.22%
4
Shriram Finance Limited
₹210.88 Cr
Finance 4.29% 4.50% +0.21%
5
PB Fintech Limited
₹59.63 Cr
Financial Technology (Fintech) 1.10% 1.27% +0.17%
6
State Bank of India
₹296.80 Cr
Banks 6.21% 6.33% +0.12%
7
PNB Housing Finance Limited
₹73.25 Cr
Finance 1.45% 1.56% +0.11%
8
AU Small Finance Bank Limited
₹114.05 Cr
Banks 2.37% 2.43% +0.06%
9
Max Financial Services Limited
₹70.79 Cr
Insurance 1.46% 1.51% +0.05%
10
Indian Bank
₹37.48 Cr
Banks 0.75% 0.80% +0.05%
#StockSectorJul 2026Aug 2026Change
1
HDFC Bank Limited
₹570.75 Cr
Banks 13.01% 12.18% -0.83%
2
Bajaj Finance Limited
₹192.90 Cr
Finance 4.50% 4.11% -0.39%
3
SBI Life Insurance Company Limited
₹168.83 Cr
Insurance 3.94% 3.60% -0.34%
4
IndusInd Bank Limited
₹50.83 Cr
Banks 1.31% 1.08% -0.23%
5
Can Fin Homes Limited
₹68.42 Cr
Finance 1.61% 1.46% -0.15%
6
CreditAccess Grameen Limited
₹34.55 Cr
Finance 0.87% 0.74% -0.13%
7
Five Star Business Finance Limited
₹122.16 Cr
Finance 2.70% 2.61% -0.09%
8
ICICI Lombard General Insurance Company Limited
₹82.26 Cr
Insurance 1.84% 1.75% -0.09%
9
Angel One Limited
₹77.46 Cr
Capital Markets 1.74% 1.65% -0.09%
10
Bandhan Bank Limited
₹55.66 Cr
Banks 1.28% 1.19% -0.09%

What Stocks Does This Fund Hold?

38 stocks — Aug 2026

# Stock Sector Cap Weight & Value
1
₹674.22 Cr
Banks
14.38%
2
₹570.75 Cr
Banks
12.18%
3
₹383.15 Cr
Banks
8.17%
4
₹364.00 Cr
Banks
7.76%
5
₹296.80 Cr
Banks
6.33%
6
₹210.88 Cr
Finance
4.50%
7
₹192.90 Cr
Finance
4.11%
8
₹168.83 Cr
Insurance
3.60%
9
₹122.16 Cr
Finance
2.61%
10
₹114.05 Cr
Banks
2.43%
🏆 Top stocks held by Equity funds
See which stocks all active Equity fund managers are buying — ranked by total value invested
🏦 HDFC Mutual Fund — Portfolio & Holdings
See all funds managed by HDFC Mutual Fund — conviction stocks, monthly entries & exits

Disclaimer: Data sourced from individual AMC monthly portfolio disclosures, as mandated by SEBI/AMFI. While we strive for accuracy, errors in parsing or presentation may occasionally occur. This is not investment advice. Please consult a SEBI-registered investment adviser before making any investment decisions.

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