What stocks does HDFC INNOVATION FUND hold?

HDFC INNOVATION FUND holds a portfolio of Indian equity stocks disclosed monthly by HDFC Mutual Fund to AMFI. The complete current holdings with weights and month-over-month changes are available on this page. Data is sourced from official AMFI portfolio disclosures.

Which AMC manages HDFC INNOVATION FUND?

HDFC INNOVATION FUND is managed by HDFC Mutual Fund, a SEBI-registered Asset Management Company in India.

What category is HDFC INNOVATION FUND?

HDFC INNOVATION FUND is classified as a Equity mutual fund under SEBI's mutual fund categorisation framework.

How often is HDFC INNOVATION FUND portfolio data updated?

Portfolio holdings for HDFC INNOVATION FUND are updated monthly. SEBI mandates all AMCs to disclose their complete portfolio within 10 days of each month end. RightAdvise sources this data directly from official AMFI portfolio disclosures.

← HDFC Mutual Fund

HDFC INNOVATION FUND - DIRECT PLAN - GROWTH OPTION

Equity Data as of May 2026 Comparing Apr 2026 → May 2026

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Stocks Held

May 2026

Equity Holdings

₹2,588.88 Cr

Equity only, excl. debt & cash

Top 5 Weight

25.7%

Moderate

Top 10 Weight

42.8%

Moderate

Changes

3 new · 2 exits

Top Sector

Pharmaceuticals & Biotechnology

17.7% of portfolio

📋 What Happened This Month HDFC INNOVATION FUND made 3 new additions and exited 2 stocks this month. The biggest new buy was Biocon Limited (Pharmaceuticals & Biotechnology) at 0.80% weight. IPCA Laboratories Limited was the biggest exit (Pharmaceuticals & Biotechnology), which was held at 1.22%. Among existing holdings, Lenskart Solutions Limited saw the biggest increase — now at 3.40% of the portfolio. Reliance Industries Limited was trimmed the most, now at 4.34%. Eternal Limited remains the top holding with Pharmaceuticals & Biotechnology the dominant sector at 17.7%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.

How Has the NAV Performed?

1 year history · HDFC INNOVATION FUND - DIRECT PLAN - GROWTH OPTION

+2.92%

+15.53%

+5.89%

—

Latest NAV

₹10.90

24 Jun 2026

52W High

₹10.98

-1% from High

52W Low

₹9.25

+18% from Low

Crisis Period Behaviour

"Pre-inception" = fund didn't exist during that period.

2024–25 Tariff

Pre-inception

Rec: N/A

COVID-19 Crash

Pre-inception

Rec: N/A

2022 Rate Hike

Pre-inception

Rec: N/A

2018 IL&FS

Pre-inception

Rec: N/A

NAV Chart ₹10.90 24 Jun 2026

Simple Moving Avg: Click to draw · click again to remove

HDFC INNOVATION FUND - DIRECT PLAN - GROWTH OPTION

Chart shows indexed performance (base = 100). Actual NAV: ₹10.90

Sector Shift Industry allocation month-over-month

Mar 2026 → Apr 2026

Sector	Prev	Curr ▼	Delta
Pharmaceuticals & Biotechnology	20.7%	19.6%	▼ -1.1%
Retailing	15.7%	14.6%	▼ -1.1%
Aerospace & Defense	7.1%	7.7%	▲ +0.7%
Electrical Equipment	8.1%	7.2%	▼ -0.9%
Auto Components	4.7%	5.1%	▲ +0.3%
IT - Software	5.2%	4.9%	▼ -0.3%
Power	4.8%	4.9%	▲ +0.1%
Petroleum Products	3.6%	4.8%	▲ +1.2%
Finance	4.5%	4.7%	▲ +0.2%
Financial Technology (Fintech)	4.5%	4.7%	▲ +0.2%

Apr 2026 → May 2026

Sector	Prev	Curr ▼	Delta
Pharmaceuticals & Biotechnology	19.6%	17.7%	▼ -1.9%
Retailing	14.6%	15.3%	▲ +0.7%
Electrical Equipment	7.2%	8.0%	▲ +0.9%
Aerospace & Defense	7.7%	7.4%	▼ -0.4%
Auto Components	5.1%	5.9%	▲ +0.9%
IT - Software	4.9%	5.3%	▲ +0.3%
Power	4.9%	4.7%	▼ -0.3%
Finance	4.7%	4.5%	▼ -0.3%
Petroleum Products	4.8%	4.3%	▼ -0.5%
Financial Technology (Fintech)	4.7%	4.2%	▼ -0.4%

🟢

Biggest New Buy

Biocon Limited

0.80% weight · Pharmaceuticals & Biotechnology

🔴

Biggest Exit

IPCA Laboratories Limited

1.22% was held · Pharmaceuticals & Biotechnology

↑

Biggest Add

Lenskart Solutions Limited

+0.95% · now 3.40%

↓

Biggest Trim

Reliance Industries Limited

-0.46% · now 4.34%

🤝 Other funds also bought this month

Billionbrains Garage Ventures Ltd 66 funds

Biocon Limited 18 funds

ICICI Prudential Asset Management Company Limited 16 funds

👋 Other funds also exited

IPCA Laboratories Limited 5 funds

Glenmark Pharmaceuticals Limited 4 funds

What Changed in the Portfolio This Month?

Comparing Apr 2026 → May 2026

Apr 2026 → May 2026

🟢 3 New Entries 🔴 2 Exits ↑ 21 Increased ↓ 34 Decreased

#	Stock	Sector	Weight (May 2026)
1	Biocon Limited ₹21.52 Cr	Pharmaceuticals & Biotechnology	0.80%
2	Billionbrains Garage Ventures Ltd ₹10.35 Cr	Capital Markets	0.39%
3	ICICI Prudential Asset Management Company Limited ₹8.36 Cr	Capital Markets	0.31%

#	Stock	Sector	Last Weight (Apr 2026)
1	IPCA Laboratories Limited ₹32.05 Cr	Pharmaceuticals & Biotechnology	1.22%
2	Glenmark Pharmaceuticals Limited ₹21.60 Cr	Pharmaceuticals & Biotechnology	0.82%

#	Stock	Sector	Apr 2026	May 2026	Change
1	Lenskart Solutions Limited ₹90.98 Cr	Retailing	2.45%	3.40%	+0.95%
2	GE Vernova T&D India Limited ₹82.08 Cr	Electrical Equipment	2.29%	3.06%	+0.77%
3	Bharat Forge Limited ₹46.80 Cr	Auto Components	1.01%	1.75%	+0.74%
4	Neuland Laboratories Limited ₹14.19 Cr	Pharmaceuticals & Biotechnology	0.04%	0.53%	+0.49%
5	Samvardhana Motherson International Limited ₹43.45 Cr	Auto Components	1.25%	1.62%	+0.37%
6	OnEMI Technology Solutions Limited ₹22.49 Cr	N.A.	0.54%	0.84%	+0.30%
7	Emmvee Photovoltaic Power Ltd ₹46.84 Cr	Electrical Equipment	1.47%	1.75%	+0.28%
8	Thyrocare Technologies Limited ₹35.94 Cr	Healthcare Services	1.08%	1.34%	+0.26%
9	Coforge Limited ₹44.64 Cr	IT - Software	1.43%	1.67%	+0.24%
10	Cummins India Limited ₹51.06 Cr	Industrial Products	1.74%	1.91%	+0.17%
11	SRF Limited ₹47.18 Cr	Chemicals & Petrochemicals	1.67%	1.76%	+0.09%
12	Torrent Pharmaceuticals Limited ₹69.50 Cr	Pharmaceuticals & Biotechnology	2.52%	2.59%	+0.07%
13	JSW Energy Limited ₹46.50 Cr	Power	1.67%	1.74%	+0.07%
14	Persistent Systems Limited ₹33.49 Cr	IT - Software	1.18%	1.25%	+0.07%
15	Hexaware Technologies Limited ₹15.81 Cr	IT - Software	0.53%	0.59%	+0.06%
16	Navin Fluorine International Limited ₹62.72 Cr	Chemicals & Petrochemicals	2.29%	2.34%	+0.05%
17	Rubicon Research Limited ₹49.44 Cr	Pharmaceuticals & Biotechnology	1.82%	1.85%	+0.03%
18	Hyundai Motor India Ltd ₹9.82 Cr	Automobiles	0.35%	0.37%	+0.02%
19	Wework India Management Limited ₹8.91 Cr	Commercial Services & Supplies	0.31%	0.33%	+0.02%
20	Sonata Software Limited ₹12.88 Cr	IT - Software	0.47%	0.48%	+0.01%
21	Sudeep Pharma Limited ₹8.76 Cr	Pharmaceuticals & Biotechnology	0.32%	0.33%	+0.01%

#	Stock	Sector	Apr 2026	May 2026	Change
1	Reliance Industries Limited ₹116.27 Cr	Petroleum Products	4.80%	4.34%	-0.46%
2	PB Fintech Limited ₹113.29 Cr	Financial Technology (Fintech)	4.67%	4.23%	-0.44%
3	Divi's Laboratories Limited ₹105.68 Cr	Pharmaceuticals & Biotechnology	4.30%	3.94%	-0.36%
4	Sai Life Sciences Limited ₹36.33 Cr	Pharmaceuticals & Biotechnology	1.69%	1.36%	-0.33%
5	Laurus Labs Limited ₹47.31 Cr	Pharmaceuticals & Biotechnology	2.09%	1.77%	-0.32%
6	Bharat Electronics Limited ₹103.88 Cr	Aerospace & Defense	4.16%	3.88%	-0.28%
7	Bajaj Finance Limited ₹119.89 Cr	Finance	4.72%	4.47%	-0.25%
8	Tata Power Company Limited ₹60.81 Cr	Power	2.45%	2.27%	-0.18%
9	Anthem Biosciences Limited ₹32.47 Cr	Pharmaceuticals & Biotechnology	1.38%	1.21%	-0.17%
10	Torrent Power Limited ₹17.04 Cr	Power	0.79%	0.64%	-0.15%
11	Urban Company Ltd. ₹12.86 Cr	Retailing	0.63%	0.48%	-0.15%
12	Tenneco Clean Air India Limited ₹9.46 Cr	Auto Components	0.50%	0.35%	-0.15%
13	Mahindra & Mahindra Limited ₹100.90 Cr	Automobiles	3.91%	3.77%	-0.14%
14	Kaynes Technology India Limited ₹11.28 Cr	Industrial Manufacturing	0.56%	0.42%	-0.14%
15	Atlanta Electricals Ltd ₹11.31 Cr	Electrical Equipment	0.52%	0.42%	-0.10%
16	Hindustan Aeronautics Limited ₹79.18 Cr	Aerospace & Defense	3.05%	2.96%	-0.09%
17	Godrej Consumer Products Limited ₹34.28 Cr	Personal Products	1.36%	1.28%	-0.08%
18	SEDEMAC MECHATRONICS LTD ₹19.21 Cr	Auto Components	0.80%	0.72%	-0.08%
19	Eternal Limited ₹234.44 Cr	Retailing	8.82%	8.75%	-0.07%
20	Sun Pharmaceutical Industries Limited ₹57.06 Cr	Pharmaceuticals & Biotechnology	2.19%	2.13%	-0.06%
21	Saatvik Green Energy Limited ₹24.03 Cr	Electrical Equipment	0.96%	0.90%	-0.06%
22	Hindustan Unilever Limited ₹23.26 Cr	Diversified FMCG	0.93%	0.87%	-0.06%
23	Lupin Limited ₹31.94 Cr	Pharmaceuticals & Biotechnology	1.24%	1.19%	-0.05%
24	AMAGI MEDIA LABS LTD ₹24.74 Cr	IT - Services	0.97%	0.92%	-0.05%
25	Brainbees Solutions Ltd ₹11.27 Cr	Retailing	0.46%	0.42%	-0.04%
26	Sona BLW Precision Forgings Limited ₹39.70 Cr	Auto Components	1.51%	1.48%	-0.03%
27	3M India Limited ₹21.98 Cr	Diversified	0.85%	0.82%	-0.03%
28	Infosys Limited ₹16.90 Cr	IT - Software	0.66%	0.63%	-0.03%
29	ABB India Limited ₹28.79 Cr	Electrical Equipment	1.09%	1.07%	-0.02%
30	Mphasis Limited ₹17.13 Cr	IT - Software	0.66%	0.64%	-0.02%
31	Aequs Limited ₹13.54 Cr	Aerospace & Defense	0.53%	0.51%	-0.02%
32	TBO Tek Limited ₹10.20 Cr	Leisure Services	0.40%	0.38%	-0.02%
33	Siemens Limited ₹22.18 Cr	Electrical Equipment	0.84%	0.83%	-0.01%
34	Le Travenues Technology Ltd ₹18.66 Cr	Leisure Services	0.71%	0.70%	-0.01%

What Stocks Does This Fund Hold?

61 stocks — May 2026

#	Stock	Sector	Weight & Value
1	Eternal Limited ₹234.44 Cr	Retailing	8.75%
2	Bajaj Finance Limited ₹119.89 Cr	Finance	4.47%
3	Reliance Industries Limited ₹116.27 Cr	Petroleum Products	4.34%
4	PB Fintech Limited ₹113.29 Cr	Financial Technology (Fintech)	4.23%
5	Divi's Laboratories Limited ₹105.68 Cr	Pharmaceuticals & Biotechnology	3.94%
6	Bharat Electronics Limited ₹103.88 Cr	Aerospace & Defense	3.88%
7	Mahindra & Mahindra Limited ₹100.90 Cr	Automobiles	3.77%
8	Lenskart Solutions Limited ₹90.98 Cr	Retailing	3.40%
9	GE Vernova T&D India Limited ₹82.08 Cr	Electrical Equipment	3.06%
10	Hindustan Aeronautics Limited ₹79.18 Cr	Aerospace & Defense	2.96%
11	Torrent Pharmaceuticals Limited ₹69.50 Cr	Pharmaceuticals & Biotechnology	2.59%
12	Navin Fluorine International Limited ₹62.72 Cr	Chemicals & Petrochemicals	2.34%
13	Tata Power Company Limited ₹60.81 Cr	Power	2.27%
14	Info Edge (India) Limited ₹60.11 Cr	Retailing	2.24%
15	Sun Pharmaceutical Industries Limited ₹57.06 Cr	Pharmaceuticals & Biotechnology	2.13%
16	Cummins India Limited ₹51.06 Cr	Industrial Products	1.91%
17	Rubicon Research Limited ₹49.44 Cr	Pharmaceuticals & Biotechnology	1.85%
18	Laurus Labs Limited ₹47.31 Cr	Pharmaceuticals & Biotechnology	1.77%
19	SRF Limited ₹47.18 Cr	Chemicals & Petrochemicals	1.76%
20	Bharat Forge Limited ₹46.80 Cr	Auto Components	1.75%
21	Emmvee Photovoltaic Power Ltd ₹46.84 Cr	Electrical Equipment	1.75%
22	JSW Energy Limited ₹46.50 Cr	Power	1.74%
23	Coforge Limited ₹44.64 Cr	IT - Software	1.67%
24	Samvardhana Motherson International Limited ₹43.45 Cr	Auto Components	1.62%
25	Sona BLW Precision Forgings Limited ₹39.70 Cr	Auto Components	1.48%
26	Sai Life Sciences Limited ₹36.33 Cr	Pharmaceuticals & Biotechnology	1.36%
27	Thyrocare Technologies Limited ₹35.94 Cr	Healthcare Services	1.34%
28	Godrej Consumer Products Limited ₹34.28 Cr	Personal Products	1.28%
29	Persistent Systems Limited ₹33.49 Cr	IT - Software	1.25%
30	Anthem Biosciences Limited ₹32.47 Cr	Pharmaceuticals & Biotechnology	1.21%
31	Lupin Limited ₹31.94 Cr	Pharmaceuticals & Biotechnology	1.19%
32	ABB India Limited ₹28.79 Cr	Electrical Equipment	1.07%
33	AMAGI MEDIA LABS LTD ₹24.74 Cr	IT - Services	0.92%
34	Saatvik Green Energy Limited ₹24.03 Cr	Electrical Equipment	0.90%
35	Hindustan Unilever Limited ₹23.26 Cr	Diversified FMCG	0.87%
36	OnEMI Technology Solutions Limited ₹22.49 Cr	N.A.	0.84%
37	Siemens Limited ₹22.18 Cr	Electrical Equipment	0.83%
38	3M India Limited ₹21.98 Cr	Diversified	0.82%
39	Biocon Limited ₹21.52 Cr	Pharmaceuticals & Biotechnology	0.80%
40	SEDEMAC MECHATRONICS LTD ₹19.21 Cr	Auto Components	0.72%
41	Le Travenues Technology Ltd ₹18.66 Cr	Leisure Services	0.70%
42	InterGlobe Aviation Limited ₹17.47 Cr	Transport Services	0.65%
43	Mphasis Limited ₹17.13 Cr	IT - Software	0.64%
44	Torrent Power Limited ₹17.04 Cr	Power	0.64%
45	Infosys Limited ₹16.90 Cr	IT - Software	0.63%
46	Hexaware Technologies Limited ₹15.81 Cr	IT - Software	0.59%
47	Neuland Laboratories Limited ₹14.19 Cr	Pharmaceuticals & Biotechnology	0.53%
48	Aequs Limited ₹13.54 Cr	Aerospace & Defense	0.51%
49	Sonata Software Limited ₹12.88 Cr	IT - Software	0.48%
50	Urban Company Ltd. ₹12.86 Cr	Retailing	0.48%
51	Atlanta Electricals Ltd ₹11.31 Cr	Electrical Equipment	0.42%
52	Brainbees Solutions Ltd ₹11.27 Cr	Retailing	0.42%
53	Kaynes Technology India Limited ₹11.28 Cr	Industrial Manufacturing	0.42%
54	Billionbrains Garage Ventures Ltd ₹10.35 Cr	Capital Markets	0.39%
55	TBO Tek Limited ₹10.20 Cr	Leisure Services	0.38%
56	Hyundai Motor India Ltd ₹9.82 Cr	Automobiles	0.37%
57	Tenneco Clean Air India Limited ₹9.46 Cr	Auto Components	0.35%
58	Sudeep Pharma Limited ₹8.76 Cr	Pharmaceuticals & Biotechnology	0.33%
59	Wework India Management Limited ₹8.91 Cr	Commercial Services & Supplies	0.33%
60	ICICI Prudential Asset Management Company Limited ₹8.36 Cr	Capital Markets	0.31%
61	Kwality Walls (India) Limited ₹29.15 L	Food Products	0.01%