What stocks does HDFC Value Fund hold?

HDFC Value 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 Value Fund?

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

What category is HDFC Value Fund?

HDFC Value Fund is classified as a Value/Contra mutual fund under SEBI's mutual fund categorisation framework.

How often is HDFC Value Fund portfolio data updated?

Portfolio holdings for HDFC Value 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 Value Fund - Growth Option - Direct Plan

Value/Contra Data as of Oct 2026 Comparing Sep 2026 → Oct 2026

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Stocks Held

Oct 2026

Equity Holdings

₹7,945.59 Cr

Equity only, excl. debt & cash

AAUM

₹7,596.60 Cr

Jul-Sep 2026 · Direct + Regular

Top 5 Weight

20.5%

Diversified

Top 10 Weight

31.5%

Diversified

Changes

3 new · 3 exits

Top Sector

Banks

21.8% of portfolio

Launch Date

16 Dec 1993

10+ year track record

AAUM (Average Assets Under Management) of ₹7,596.60 Cr for Jul-Sep 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 Value Fund made 3 new additions and exited 3 stocks this month. The biggest new buy was Muthoot Finance Limited (Finance) at 0.82% weight. Trent Limited was the biggest exit (Retailing), which was held at 0.69%. Among existing holdings, Cummins India Limited saw the biggest increase — now at 0.89% of the portfolio. Sterlite Technologies Limited was trimmed the most, now at 1.23%. ICICI Bank Limited remains the top holding with Banks the dominant sector at 21.8%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.

How Has the NAV Performed?

1 year history · HDFC Value Fund - Growth Option - Direct Plan

+5.58%

+1.75%

+10.76%

+6.20%

Latest NAV

₹915.86

13 Nov 2026

52W High

₹921.51

-1% from High

52W Low

₹754.22

+21% from Low

Calendar Year Returns

Jan 1 to Dec 31 each year. Simple point-to-point — not CAGR.

2025

+9.5%

2024

+21.7%

2023

+30.7%

2022

+4.6%

2021

+36.9%

2020

+14.0%

2019

+1.0%

2018

-4.2%

2017

+43.8%

Rolling Returns

Performance across every possible investment start date.

1Y Rolling Avg

17.6%

+ve in 86% windows

104.2% / -40.4%

3Y Rolling Avg

16.0% p.a.

+ve in 96% windows

38.6% / -9.0%

5Y Rolling Avg

16.9% p.a.

+ve in 100% windows

33.9% / 8.0%

Crisis Period Behaviour

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

2024–25 Tariff

-18.1%

Rec: Oct 2025 (11 mo)

COVID-19 Crash

-40.0%

Rec: Nov 2020 (11 mo)

2022 Rate Hike

-18.0%

Rec: Nov 2022 (7 mo)

2018 IL&FS

-14.4%

Rec: Nov 2020 (3yr)

Risk Ratios

3 years daily NAV · Risk-free rate 6.5% p.a. · CAGR, Sharpe Ratio & Standard Deviation — Mutual Fund Guide →

Sharpe Ratio (3Y)

0.66

Return per unit of risk. >1 is good.

Sortino Ratio (3Y)

0.93

Penalises downside volatility only.

Std Deviation (3Y)

13.9%

Lower = more consistent returns.

NAV Chart ₹915.86 13 Nov 2026

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

HDFC Value Fund - Growth Option - Direct Plan

Chart shows indexed performance (base = 100). Actual NAV: ₹915.86

Sector Shift Industry allocation month-over-month

Aug 2026 → Sep 2026

Sector	Prev	Curr ▼	Delta
Banks	22.0%	21.9%	▼ -0.1%
Pharmaceuticals & Biotechnology	6.8%	6.9%	● +0.1%
IT - Software	6.4%	6.0%	▼ -0.4%
Finance	5.7%	5.7%	● -0.1%
Automobiles	5.0%	5.0%	● -0.1%
Auto Components	4.9%	4.7%	▼ -0.2%
Retailing	4.9%	4.7%	▼ -0.2%
Power	4.1%	4.2%	▲ +0.1%
Telecom - Services	3.8%	3.8%	● 0.0%
Insurance	3.8%	3.8%	● -0.1%

Sep 2026 → Oct 2026

Sector	Prev	Curr ▼	Delta
Banks	21.9%	21.8%	● -0.1%
IT - Software	6.0%	7.1%	▲ +1.1%
Pharmaceuticals & Biotechnology	6.9%	6.9%	● +0.0%
Finance	5.7%	5.9%	▲ +0.3%
Automobiles	5.0%	5.5%	▲ +0.5%
Auto Components	4.7%	4.6%	● -0.1%
Telecom - Services	3.8%	4.1%	▲ +0.4%
Power	4.2%	4.0%	▼ -0.2%
Retailing	4.7%	3.7%	▼ -1.0%
Insurance	3.8%	3.6%	▼ -0.2%

🟢

Biggest New Buy

Muthoot Finance Limited

0.82% weight · Finance

🔴

Biggest Exit

Trent Limited

0.69% was held · Retailing

↑

Biggest Add

Cummins India Limited

+0.59% · now 0.89%

↓

Biggest Trim

Sterlite Technologies Limited

-0.35% · now 1.23%

🤝 Other funds also bought this month

Zetwerk Manufacturing Businesses Ltd. 61 funds

Muthoot Finance Limited 16 funds

SBI Funds Management Limited 2 funds

👋 Other funds also exited

Trent Limited 29 funds

ICICI Prudential Asset Management Company Limited 19 funds

What Changed in the Portfolio This Month?

Comparing Sep 2026 → Oct 2026

Sep 2026 → Oct 2026

🟢 3 New Entries 🔴 3 Exits ↑ 26 Increased ↓ 48 Decreased

#	Stock	Sector	Weight (Oct 2026)
1	Muthoot Finance Limited ₹66.24 Cr	Finance	0.82%
2	SBI Funds Management Limited ₹65.55 Cr	Capital Markets	0.82%
3	Zetwerk Manufacturing Businesses Ltd. ₹27.71 Cr	Industrial Manufacturing	0.34%

#	Stock	Sector	Last Weight (Sep 2026)
1	Trent Limited ₹55.59 Cr	Retailing	0.69%
2	ICICI Prudential Asset Management Company Limited ₹51.17 Cr	Capital Markets	0.64%
3	Uniparts India Limited ₹11.70 Cr	Auto Components	0.15%

#	Stock	Sector	Sep 2026	Oct 2026	Change
1	Cummins India Limited ₹71.24 Cr	Industrial Products	0.30%	0.89%	+0.59%
2	Popular Vehicles and Services Limited ₹52.70 Cr	Automobiles	0.11%	0.66%	+0.55%
3	Infosys Limited ₹189.60 Cr	IT - Software	1.98%	2.36%	+0.38%
4	ICICI Bank Limited ₹524.25 Cr	Banks	6.17%	6.52%	+0.35%
5	Bharti Airtel Limited ₹256.58 Cr	Telecom - Services	2.84%	3.19%	+0.35%
6	Tech Mahindra Limited ₹152.04 Cr	IT - Software	1.61%	1.89%	+0.28%
7	Eternal Limited ₹158.08 Cr	Retailing	1.75%	1.97%	+0.22%
8	HCL Technologies Limited ₹128.53 Cr	IT - Software	1.38%	1.60%	+0.22%
9	Zensar Technologies Limited ₹48.66 Cr	IT - Software	0.48%	0.61%	+0.13%
10	Max Healthcare Institute Limited ₹77.40 Cr	Healthcare Services	0.85%	0.96%	+0.11%
11	Karur Vysya Bank Limited ₹92.59 Cr	Banks	1.05%	1.15%	+0.10%
12	Sona BLW Precision Forgings Limited ₹115.38 Cr	Auto Components	1.34%	1.44%	+0.10%
13	Rubicon Research Limited ₹44.29 Cr	Pharmaceuticals & Biotechnology	0.45%	0.55%	+0.10%
14	Mphasis Limited ₹50.80 Cr	IT - Software	0.54%	0.63%	+0.09%
15	Divi's Laboratories Limited ₹136.92 Cr	Pharmaceuticals & Biotechnology	1.62%	1.70%	+0.08%
16	IndusInd Bank Limited ₹62.85 Cr	Banks	0.70%	0.78%	+0.08%
17	Larsen & Toubro Limited ₹203.26 Cr	Construction	2.46%	2.53%	+0.07%
18	Hindustan Unilever Limited ₹80.18 Cr	Diversified FMCG	0.94%	1.00%	+0.06%
19	360 One WAM Limited ₹77.32 Cr	Capital Markets	0.90%	0.96%	+0.06%
20	Tata Capital Limited ₹108.77 Cr	Finance	1.31%	1.35%	+0.04%
21	Eicher Motors Limited ₹108.30 Cr	Automobiles	1.33%	1.35%	+0.02%
22	The Phoenix Mills Limited ₹127.22 Cr	Realty	1.56%	1.58%	+0.02%
23	State Bank of India ₹254.89 Cr	Banks	3.16%	3.17%	+0.01%
24	UltraTech Cement Limited ₹77.89 Cr	Cement & Cement Products	0.96%	0.97%	+0.01%
25	HDFC Life Insurance Company Limited ₹78.74 Cr	Insurance	0.97%	0.98%	+0.01%
26	Tata Communications Limited ₹76.58 Cr	Telecom - Services	0.94%	0.95%	+0.01%

#	Stock	Sector	Sep 2026	Oct 2026	Change
1	Sterlite Technologies Limited ₹98.94 Cr	Telecom - Equipment & Accessories	1.58%	1.23%	-0.35%
2	AU Small Finance Bank Limited ₹150.34 Cr	Banks	2.19%	1.87%	-0.32%
3	Electronics Mart India Limited ₹45.52 Cr	Retailing	0.88%	0.57%	-0.31%
4	Five Star Business Finance Limited ₹91.96 Cr	Finance	1.43%	1.14%	-0.29%
5	AUGMONT ENTERPRISES LIMITED ₹13.87 Cr	Non - Ferrous Metals	0.38%	0.17%	-0.21%
6	Equitas Small Finance Bank Limited ₹54.66 Cr	Banks	0.87%	0.68%	-0.19%
7	Apar Industries Limited ₹94.07 Cr	Electrical Equipment	1.34%	1.17%	-0.17%
8	Mahindra & Mahindra Financial Services Limited ₹50.68 Cr	Finance	0.78%	0.63%	-0.15%
9	Baazar Style Retail Ltd ₹25.42 Cr	Retailing	0.47%	0.32%	-0.15%
10	Diamond Power Infrastructure Limited ₹27.55 Cr	Electrical Equipment	0.48%	0.34%	-0.14%
11	Acme Solar Holdings Ltd ₹121.44 Cr	Power	1.64%	1.51%	-0.13%
12	Max Financial Services Limited ₹67.02 Cr	Insurance	0.95%	0.83%	-0.12%
13	Jubilant Ingrevia Limited ₹55.84 Cr	Chemicals & Petrochemicals	0.81%	0.69%	-0.12%
14	Indoco Remedies Ltd ₹31.30 Cr	Pharmaceuticals & Biotechnology	0.50%	0.39%	-0.11%
15	HDFC Bank Limited ₹358.18 Cr	Banks	4.56%	4.46%	-0.10%
16	GMM Pfaudler Ltd. ₹36.46 Cr	Industrial Manufacturing	0.55%	0.45%	-0.10%
17	Bharat Electronics Limited ₹147.96 Cr	Aerospace & Defense	1.93%	1.84%	-0.09%
18	Aavas Financiers Limited ₹57.40 Cr	Finance	0.80%	0.71%	-0.09%
19	Techno Electric & Engineering Company Limited ₹33.17 Cr	Construction	0.50%	0.41%	-0.09%
20	PNB Housing Finance Limited ₹101.23 Cr	Finance	1.33%	1.26%	-0.07%
21	Bajaj Auto Limited ₹87.98 Cr	Automobiles	1.15%	1.09%	-0.06%
22	Jindal Steel Limited ₹55.71 Cr	Ferrous Metals	0.74%	0.69%	-0.05%
23	Ambuja Cements Limited ₹59.36 Cr	Cement & Cement Products	0.79%	0.74%	-0.05%
24	Technocraft Industries (India) Limited ₹40.01 Cr	Industrial Products	0.55%	0.50%	-0.05%
25	Reliance Industries Limited ₹145.61 Cr	Petroleum Products	1.85%	1.81%	-0.04%
26	Sun Pharmaceutical Industries Limited ₹173.33 Cr	Pharmaceuticals & Biotechnology	2.20%	2.16%	-0.04%
27	NTPC Limited ₹158.13 Cr	Power	2.01%	1.97%	-0.04%
28	SBI Life Insurance Company Limited ₹145.13 Cr	Insurance	1.85%	1.81%	-0.04%
29	Bharat Petroleum Corporation Limited ₹56.98 Cr	Petroleum Products	0.75%	0.71%	-0.04%
30	Britannia Industries Limited ₹88.16 Cr	Food Products	1.14%	1.10%	-0.04%
31	Godrej Consumer Products Limited ₹75.04 Cr	Personal Products	0.97%	0.93%	-0.04%
32	Global Health Limited ₹114.33 Cr	Healthcare Services	1.46%	1.42%	-0.04%
33	Chalet Hotels Limited ₹56.49 Cr	Leisure Services	0.74%	0.70%	-0.04%
34	Multi Commodity Exchange of India Limited ₹79.47 Cr	Capital Markets	1.02%	0.99%	-0.03%
35	CESC Limited ₹39.01 Cr	Power	0.52%	0.49%	-0.03%
36	Wework India Management Limited ₹64.77 Cr	Commercial Services & Supplies	0.84%	0.81%	-0.03%
37	Axis Bank Limited ₹255.57 Cr	Banks	3.20%	3.18%	-0.02%
38	Maruti Suzuki India Limited ₹127.65 Cr	Automobiles	1.61%	1.59%	-0.02%
39	InterGlobe Aviation Limited ₹73.16 Cr	Transport Services	0.93%	0.91%	-0.02%
40	Info Edge (India) Limited ₹68.01 Cr	Retailing	0.87%	0.85%	-0.02%
41	Hindustan Petroleum Corporation Limited ₹49.99 Cr	Petroleum Products	0.64%	0.62%	-0.02%
42	United Spirits Limited ₹104.84 Cr	Beverages	1.32%	1.30%	-0.02%
43	Prestige Estates Projects Limited ₹115.49 Cr	Realty	1.46%	1.44%	-0.02%
44	Balkrishna Industries Limited ₹50.90 Cr	Auto Components	0.65%	0.63%	-0.02%
45	Lupin Limited ₹95.35 Cr	Pharmaceuticals & Biotechnology	1.20%	1.19%	-0.01%
46	Alkem Laboratories Limited ₹71.59 Cr	Pharmaceuticals & Biotechnology	0.90%	0.89%	-0.01%
47	Lumino Industries Limited ₹5.71 Cr	Miscellaneous	0.08%	0.07%	-0.01%
48	Molbio Diagnostics Ltd. ₹42.50 Cr	Healthcare Equipment & Supplies	0.54%	0.53%	-0.01%

What Stocks Does This Fund Hold?

80 stocks — Oct 2026

#	Stock	Sector	Weight & Value
1	ICICI Bank Limited ₹524.25 Cr	Banks	6.52%
2	HDFC Bank Limited ₹358.18 Cr	Banks	4.46%
3	Bharti Airtel Limited ₹256.58 Cr	Telecom - Services	3.19%
4	Axis Bank Limited ₹255.57 Cr	Banks	3.18%
5	State Bank of India ₹254.89 Cr	Banks	3.17%
6	Larsen & Toubro Limited ₹203.26 Cr	Construction	2.53%
7	Infosys Limited ₹189.60 Cr	IT - Software	2.36%
8	Sun Pharmaceutical Industries Limited ₹173.33 Cr	Pharmaceuticals & Biotechnology	2.16%
9	NTPC Limited ₹158.13 Cr	Power	1.97%
10	Eternal Limited ₹158.08 Cr	Retailing	1.97%
11	Tech Mahindra Limited ₹152.04 Cr	IT - Software	1.89%
12	AU Small Finance Bank Limited ₹150.34 Cr	Banks	1.87%
13	Bharat Electronics Limited ₹147.96 Cr	Aerospace & Defense	1.84%
14	SBI Life Insurance Company Limited ₹145.13 Cr	Insurance	1.81%
15	Reliance Industries Limited ₹145.61 Cr	Petroleum Products	1.81%
16	Bosch Limited ₹136.88 Cr	Auto Components	1.70%
17	Divi's Laboratories Limited ₹136.92 Cr	Pharmaceuticals & Biotechnology	1.70%
18	HCL Technologies Limited ₹128.53 Cr	IT - Software	1.60%
19	Maruti Suzuki India Limited ₹127.65 Cr	Automobiles	1.59%
20	The Phoenix Mills Limited ₹127.22 Cr	Realty	1.58%
21	Acme Solar Holdings Ltd ₹121.44 Cr	Power	1.51%
22	Sona BLW Precision Forgings Limited ₹115.38 Cr	Auto Components	1.44%
23	Prestige Estates Projects Limited ₹115.49 Cr	Realty	1.44%
24	Global Health Limited ₹114.33 Cr	Healthcare Services	1.42%
25	Tata Capital Limited ₹108.77 Cr	Finance	1.35%
26	Eicher Motors Limited ₹108.30 Cr	Automobiles	1.35%
27	United Spirits Limited ₹104.84 Cr	Beverages	1.30%
28	PNB Housing Finance Limited ₹101.23 Cr	Finance	1.26%
29	Sterlite Technologies Limited ₹98.94 Cr	Telecom - Equipment & Accessories	1.23%
30	Lupin Limited ₹95.35 Cr	Pharmaceuticals & Biotechnology	1.19%
31	Apar Industries Limited ₹94.07 Cr	Electrical Equipment	1.17%
32	Karur Vysya Bank Limited ₹92.59 Cr	Banks	1.15%
33	Five Star Business Finance Limited ₹91.96 Cr	Finance	1.14%
34	Britannia Industries Limited ₹88.16 Cr	Food Products	1.10%
35	Bajaj Auto Limited ₹87.98 Cr	Automobiles	1.09%
36	Hindustan Unilever Limited ₹80.18 Cr	Diversified FMCG	1.00%
37	Multi Commodity Exchange of India Limited ₹79.47 Cr	Capital Markets	0.99%
38	HDFC Life Insurance Company Limited ₹78.74 Cr	Insurance	0.98%
39	UltraTech Cement Limited ₹77.89 Cr	Cement & Cement Products	0.97%
40	360 One WAM Limited ₹77.32 Cr	Capital Markets	0.96%
41	Max Healthcare Institute Limited ₹77.40 Cr	Healthcare Services	0.96%
42	Tata Communications Limited ₹76.58 Cr	Telecom - Services	0.95%
43	Godrej Consumer Products Limited ₹75.04 Cr	Personal Products	0.93%
44	InterGlobe Aviation Limited ₹73.16 Cr	Transport Services	0.91%
45	Cummins India Limited ₹71.24 Cr	Industrial Products	0.89%
46	Alkem Laboratories Limited ₹71.59 Cr	Pharmaceuticals & Biotechnology	0.89%
47	Info Edge (India) Limited ₹68.01 Cr	Retailing	0.85%
48	Tube Investments of India Limited ₹67.84 Cr	Auto Components	0.84%
49	Max Financial Services Limited ₹67.02 Cr	Insurance	0.83%
50	Muthoot Finance Limited ₹66.24 Cr	Finance	0.82%
51	SBI Funds Management Limited ₹65.55 Cr	Capital Markets	0.82%
52	Wework India Management Limited ₹64.77 Cr	Commercial Services & Supplies	0.81%
53	IndusInd Bank Limited ₹62.85 Cr	Banks	0.78%
54	Hyundai Motor India Ltd ₹63.06 Cr	Automobiles	0.78%
55	Ambuja Cements Limited ₹59.36 Cr	Cement & Cement Products	0.74%
56	Bharat Petroleum Corporation Limited ₹56.98 Cr	Petroleum Products	0.71%
57	Aavas Financiers Limited ₹57.40 Cr	Finance	0.71%
58	Chalet Hotels Limited ₹56.49 Cr	Leisure Services	0.70%
59	Jindal Steel Limited ₹55.71 Cr	Ferrous Metals	0.69%
60	Jubilant Ingrevia Limited ₹55.84 Cr	Chemicals & Petrochemicals	0.69%
61	Equitas Small Finance Bank Limited ₹54.66 Cr	Banks	0.68%
62	Popular Vehicles and Services Limited ₹52.70 Cr	Automobiles	0.66%
63	Balkrishna Industries Limited ₹50.90 Cr	Auto Components	0.63%
64	Mphasis Limited ₹50.80 Cr	IT - Software	0.63%
65	Mahindra & Mahindra Financial Services Limited ₹50.68 Cr	Finance	0.63%
66	Hindustan Petroleum Corporation Limited ₹49.99 Cr	Petroleum Products	0.62%
67	Zensar Technologies Limited ₹48.66 Cr	IT - Software	0.61%
68	Electronics Mart India Limited ₹45.52 Cr	Retailing	0.57%
69	Rubicon Research Limited ₹44.29 Cr	Pharmaceuticals & Biotechnology	0.55%
70	Molbio Diagnostics Ltd. ₹42.50 Cr	Healthcare Equipment & Supplies	0.53%
71	Technocraft Industries (India) Limited ₹40.01 Cr	Industrial Products	0.50%
72	CESC Limited ₹39.01 Cr	Power	0.49%
73	GMM Pfaudler Ltd. ₹36.46 Cr	Industrial Manufacturing	0.45%
74	Techno Electric & Engineering Company Limited ₹33.17 Cr	Construction	0.41%
75	Indoco Remedies Ltd ₹31.30 Cr	Pharmaceuticals & Biotechnology	0.39%
76	Diamond Power Infrastructure Limited ₹27.55 Cr	Electrical Equipment	0.34%
77	Zetwerk Manufacturing Businesses Ltd. ₹27.71 Cr	Industrial Manufacturing	0.34%
78	Baazar Style Retail Ltd ₹25.42 Cr	Retailing	0.32%
79	AUGMONT ENTERPRISES LIMITED ₹13.87 Cr	Non - Ferrous Metals	0.17%
80	Lumino Industries Limited ₹5.71 Cr	Miscellaneous	0.07%