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 Sep 2026 Comparing Aug 2026 → Sep 2026

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Stocks Held

Sep 2026

Equity Holdings

₹7,913.37 Cr

Equity only, excl. debt & cash

AAUM

₹7,596.60 Cr

Jul-Sep 2026 · Direct + Regular

Top 5 Weight

19.9%

Diversified

Top 10 Weight

30.8%

Diversified

Changes

2 new · 0 exits

Top Sector

Banks

21.9% 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 added 2 new stocks to its portfolio this month. The biggest new buy was IndusInd Bank Limited (Banks) at 0.70% weight. Among existing holdings, Sterlite Technologies Limited saw the biggest increase — now at 1.58% of the portfolio. ICICI Bank Limited was trimmed the most, now at 6.17%. ICICI Bank Limited remains the top holding with Banks the dominant sector at 21.9%. ↓ 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

-5.00%

-5.15%

-0.59%

-2.36%

Latest NAV

₹833.35

23 Oct 2026

52W High

₹905.24

-8% from High

52W Low

₹754.22

+10% 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)

0.54

Return per unit of risk. >1 is good.

Sortino Ratio (3Y)

0.76

Penalises downside volatility only.

Std Deviation (3Y)

13.8%

Lower = more consistent returns.

NAV Chart ₹833.35 23 Oct 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: ₹833.35

Sector Shift Industry allocation month-over-month

Jul 2026 → Aug 2026

Sector	Prev	Curr ▼	Delta
Banks	22.7%	22.0%	▼ -0.7%
Pharmaceuticals & Biotechnology	6.1%	6.8%	▲ +0.7%
IT - Software	6.9%	6.4%	▼ -0.5%
Finance	6.0%	5.7%	▼ -0.2%
Automobiles	5.1%	5.0%	● 0.0%
Auto Components	4.9%	4.9%	● +0.0%
Retailing	4.6%	4.9%	▲ +0.3%
Power	4.3%	4.1%	▼ -0.2%
Insurance	3.9%	3.8%	● -0.1%
Telecom - Services	4.2%	3.8%	▼ -0.4%

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%

🟢

Biggest New Buy

IndusInd Bank Limited

0.70% weight · Banks

↑

Biggest Add

Sterlite Technologies Limited

+0.21% · now 1.58%

↓

Biggest Trim

ICICI Bank Limited

-0.43% · now 6.17%

🤝 Other funds also bought this month

Cummins India Limited 22 funds

IndusInd Bank Limited 18 funds

What Changed in the Portfolio This Month?

Comparing Aug 2026 → Sep 2026

Aug 2026 → Sep 2026

🟢 2 New Entries ↑ 24 Increased ↓ 50 Decreased

#	Stock	Sector	Weight (Sep 2026)
1	IndusInd Bank Limited ₹56.35 Cr	Banks	0.70%
2	Cummins India Limited ₹23.80 Cr	Industrial Products	0.30%

#	Stock	Sector	Aug 2026	Sep 2026	Change
1	Sterlite Technologies Limited ₹127.39 Cr	Telecom - Equipment & Accessories	1.37%	1.58%	+0.21%
2	GMM Pfaudler Ltd. ₹44.00 Cr	Industrial Manufacturing	0.38%	0.55%	+0.17%
3	HDFC Bank Limited ₹366.40 Cr	Banks	4.43%	4.56%	+0.13%
4	Maruti Suzuki India Limited ₹129.24 Cr	Automobiles	1.48%	1.61%	+0.13%
5	Electronics Mart India Limited ₹70.90 Cr	Retailing	0.75%	0.88%	+0.13%
6	Hindustan Unilever Limited ₹75.16 Cr	Diversified FMCG	0.82%	0.94%	+0.12%
7	Acme Solar Holdings Ltd ₹131.70 Cr	Power	1.52%	1.64%	+0.12%
8	Molbio Diagnostics Ltd. ₹43.67 Cr	Healthcare Equipment & Supplies	0.44%	0.54%	+0.10%
9	The Phoenix Mills Limited ₹125.78 Cr	Realty	1.49%	1.56%	+0.07%
10	Sona BLW Precision Forgings Limited ₹107.54 Cr	Auto Components	1.27%	1.34%	+0.07%
11	AUGMONT ENTERPRISES LIMITED ₹30.34 Cr	Non - Ferrous Metals	0.31%	0.38%	+0.07%
12	SBI Life Insurance Company Limited ₹148.44 Cr	Insurance	1.79%	1.85%	+0.06%
13	Alkem Laboratories Limited ₹72.29 Cr	Pharmaceuticals & Biotechnology	0.84%	0.90%	+0.06%
14	Jubilant Ingrevia Limited ₹65.32 Cr	Chemicals & Petrochemicals	0.76%	0.81%	+0.05%
15	Indoco Remedies Ltd ₹40.15 Cr	Pharmaceuticals & Biotechnology	0.45%	0.50%	+0.05%
16	Sun Pharmaceutical Industries Limited ₹177.12 Cr	Pharmaceuticals & Biotechnology	2.16%	2.20%	+0.04%
17	InterGlobe Aviation Limited ₹74.76 Cr	Transport Services	0.89%	0.93%	+0.04%
18	Five Star Business Finance Limited ₹114.60 Cr	Finance	1.39%	1.43%	+0.04%
19	ICICI Prudential Asset Management Company Limited ₹51.17 Cr	Capital Markets	0.60%	0.64%	+0.04%
20	NTPC Limited ₹161.38 Cr	Power	1.98%	2.01%	+0.03%
21	Diamond Power Infrastructure Limited ₹38.32 Cr	Electrical Equipment	0.45%	0.48%	+0.03%
22	Divi's Laboratories Limited ₹130.08 Cr	Pharmaceuticals & Biotechnology	1.60%	1.62%	+0.02%
23	Techno Electric & Engineering Company Limited ₹40.35 Cr	Construction	0.48%	0.50%	+0.02%
24	Lumino Industries Limited ₹6.74 Cr	Miscellaneous	0.07%	0.08%	+0.01%

#	Stock	Sector	Aug 2026	Sep 2026	Change
1	ICICI Bank Limited ₹495.64 Cr	Banks	6.60%	6.17%	-0.43%
2	Trent Limited ₹55.59 Cr	Retailing	0.96%	0.69%	-0.27%
3	State Bank of India ₹254.27 Cr	Banks	3.40%	3.16%	-0.24%
4	Infosys Limited ₹159.06 Cr	IT - Software	2.19%	1.98%	-0.21%
5	Uniparts India Limited ₹11.70 Cr	Auto Components	0.35%	0.15%	-0.20%
6	Larsen & Toubro Limited ₹197.40 Cr	Construction	2.57%	2.46%	-0.11%
7	Max Financial Services Limited ₹76.70 Cr	Insurance	1.06%	0.95%	-0.11%
8	Prestige Estates Projects Limited ₹117.76 Cr	Realty	1.57%	1.46%	-0.11%
9	Axis Bank Limited ₹257.46 Cr	Banks	3.30%	3.20%	-0.10%
10	Bajaj Auto Limited ₹92.43 Cr	Automobiles	1.25%	1.15%	-0.10%
11	AU Small Finance Bank Limited ₹175.79 Cr	Banks	2.29%	2.19%	-0.10%
12	United Spirits Limited ₹106.44 Cr	Beverages	1.42%	1.32%	-0.10%
13	Reliance Industries Limited ₹148.38 Cr	Petroleum Products	1.93%	1.85%	-0.08%
14	Bharat Electronics Limited ₹155.32 Cr	Aerospace & Defense	2.01%	1.93%	-0.08%
15	Max Healthcare Institute Limited ₹68.41 Cr	Healthcare Services	0.93%	0.85%	-0.08%
16	Global Health Limited ₹117.50 Cr	Healthcare Services	1.54%	1.46%	-0.08%
17	Tata Capital Limited ₹104.94 Cr	Finance	1.39%	1.31%	-0.08%
18	Britannia Industries Limited ₹91.77 Cr	Food Products	1.21%	1.14%	-0.07%
19	Tech Mahindra Limited ₹129.39 Cr	IT - Software	1.67%	1.61%	-0.06%
20	Lupin Limited ₹96.26 Cr	Pharmaceuticals & Biotechnology	1.26%	1.20%	-0.06%
21	HCL Technologies Limited ₹110.70 Cr	IT - Software	1.43%	1.38%	-0.05%
22	Mphasis Limited ₹43.34 Cr	IT - Software	0.59%	0.54%	-0.05%
23	Bosch Limited ₹136.59 Cr	Auto Components	1.75%	1.70%	-0.05%
24	Hyundai Motor India Ltd ₹62.96 Cr	Automobiles	0.83%	0.78%	-0.05%
25	Mahindra & Mahindra Financial Services Limited ₹62.91 Cr	Finance	0.83%	0.78%	-0.05%
26	Technocraft Industries (India) Limited ₹44.02 Cr	Industrial Products	0.60%	0.55%	-0.05%
27	Info Edge (India) Limited ₹69.72 Cr	Retailing	0.91%	0.87%	-0.04%
28	Ambuja Cements Limited ₹63.79 Cr	Cement & Cement Products	0.83%	0.79%	-0.04%
29	Karur Vysya Bank Limited ₹84.45 Cr	Banks	1.09%	1.05%	-0.04%
30	Rubicon Research Limited ₹35.97 Cr	Pharmaceuticals & Biotechnology	0.49%	0.45%	-0.04%
31	Bharat Petroleum Corporation Limited ₹60.64 Cr	Petroleum Products	0.78%	0.75%	-0.03%
32	Godrej Consumer Products Limited ₹77.98 Cr	Personal Products	1.00%	0.97%	-0.03%
33	Tube Investments of India Limited ₹67.93 Cr	Auto Components	0.87%	0.84%	-0.03%
34	Balkrishna Industries Limited ₹51.99 Cr	Auto Components	0.68%	0.65%	-0.03%
35	Apar Industries Limited ₹107.78 Cr	Electrical Equipment	1.37%	1.34%	-0.03%
36	CESC Limited ₹41.90 Cr	Power	0.55%	0.52%	-0.03%
37	Zensar Technologies Limited ₹38.35 Cr	IT - Software	0.51%	0.48%	-0.03%
38	Chalet Hotels Limited ₹59.27 Cr	Leisure Services	0.77%	0.74%	-0.03%
39	UltraTech Cement Limited ₹77.26 Cr	Cement & Cement Products	0.98%	0.96%	-0.02%
40	Eicher Motors Limited ₹107.25 Cr	Automobiles	1.35%	1.33%	-0.02%
41	HDFC Life Insurance Company Limited ₹78.18 Cr	Insurance	0.99%	0.97%	-0.02%
42	Jindal Steel Limited ₹59.58 Cr	Ferrous Metals	0.76%	0.74%	-0.02%
43	360 One WAM Limited ₹72.10 Cr	Capital Markets	0.92%	0.90%	-0.02%
44	Equitas Small Finance Bank Limited ₹70.31 Cr	Banks	0.89%	0.87%	-0.02%
45	Bharti Airtel Limited ₹228.41 Cr	Telecom - Services	2.85%	2.84%	-0.01%
46	Multi Commodity Exchange of India Limited ₹82.25 Cr	Capital Markets	1.03%	1.02%	-0.01%
47	Hindustan Petroleum Corporation Limited ₹51.43 Cr	Petroleum Products	0.65%	0.64%	-0.01%
48	Tata Communications Limited ₹75.70 Cr	Telecom - Services	0.95%	0.94%	-0.01%
49	Baazar Style Retail Ltd ₹37.71 Cr	Retailing	0.48%	0.47%	-0.01%
50	Popular Vehicles and Services Limited ₹8.68 Cr	Automobiles	0.12%	0.11%	-0.01%

What Stocks Does This Fund Hold?

80 stocks — Sep 2026

#	Stock	Sector	Weight & Value
1	ICICI Bank Limited ₹495.64 Cr	Banks	6.17%
2	HDFC Bank Limited ₹366.40 Cr	Banks	4.56%
3	Axis Bank Limited ₹257.46 Cr	Banks	3.20%
4	State Bank of India ₹254.27 Cr	Banks	3.16%
5	Bharti Airtel Limited ₹228.41 Cr	Telecom - Services	2.84%
6	Larsen & Toubro Limited ₹197.40 Cr	Construction	2.46%
7	Sun Pharmaceutical Industries Limited ₹177.12 Cr	Pharmaceuticals & Biotechnology	2.20%
8	AU Small Finance Bank Limited ₹175.79 Cr	Banks	2.19%
9	NTPC Limited ₹161.38 Cr	Power	2.01%
10	Infosys Limited ₹159.06 Cr	IT - Software	1.98%
11	Bharat Electronics Limited ₹155.32 Cr	Aerospace & Defense	1.93%
12	SBI Life Insurance Company Limited ₹148.44 Cr	Insurance	1.85%
13	Reliance Industries Limited ₹148.38 Cr	Petroleum Products	1.85%
14	Eternal Limited ₹140.80 Cr	Retailing	1.75%
15	Bosch Limited ₹136.59 Cr	Auto Components	1.70%
16	Acme Solar Holdings Ltd ₹131.70 Cr	Power	1.64%
17	Divi's Laboratories Limited ₹130.08 Cr	Pharmaceuticals & Biotechnology	1.62%
18	Tech Mahindra Limited ₹129.39 Cr	IT - Software	1.61%
19	Maruti Suzuki India Limited ₹129.24 Cr	Automobiles	1.61%
20	Sterlite Technologies Limited ₹127.39 Cr	Telecom - Equipment & Accessories	1.58%
21	The Phoenix Mills Limited ₹125.78 Cr	Realty	1.56%
22	Prestige Estates Projects Limited ₹117.76 Cr	Realty	1.46%
23	Global Health Limited ₹117.50 Cr	Healthcare Services	1.46%
24	Five Star Business Finance Limited ₹114.60 Cr	Finance	1.43%
25	HCL Technologies Limited ₹110.70 Cr	IT - Software	1.38%
26	Apar Industries Limited ₹107.78 Cr	Electrical Equipment	1.34%
27	Sona BLW Precision Forgings Limited ₹107.54 Cr	Auto Components	1.34%
28	Eicher Motors Limited ₹107.25 Cr	Automobiles	1.33%
29	PNB Housing Finance Limited ₹106.96 Cr	Finance	1.33%
30	United Spirits Limited ₹106.44 Cr	Beverages	1.32%
31	Tata Capital Limited ₹104.94 Cr	Finance	1.31%
32	Lupin Limited ₹96.26 Cr	Pharmaceuticals & Biotechnology	1.20%
33	Bajaj Auto Limited ₹92.43 Cr	Automobiles	1.15%
34	Britannia Industries Limited ₹91.77 Cr	Food Products	1.14%
35	Karur Vysya Bank Limited ₹84.45 Cr	Banks	1.05%
36	Multi Commodity Exchange of India Limited ₹82.25 Cr	Capital Markets	1.02%
37	Godrej Consumer Products Limited ₹77.98 Cr	Personal Products	0.97%
38	HDFC Life Insurance Company Limited ₹78.18 Cr	Insurance	0.97%
39	UltraTech Cement Limited ₹77.26 Cr	Cement & Cement Products	0.96%
40	Max Financial Services Limited ₹76.70 Cr	Insurance	0.95%
41	Hindustan Unilever Limited ₹75.16 Cr	Diversified FMCG	0.94%
42	Tata Communications Limited ₹75.70 Cr	Telecom - Services	0.94%
43	InterGlobe Aviation Limited ₹74.76 Cr	Transport Services	0.93%
44	Alkem Laboratories Limited ₹72.29 Cr	Pharmaceuticals & Biotechnology	0.90%
45	360 One WAM Limited ₹72.10 Cr	Capital Markets	0.90%
46	Electronics Mart India Limited ₹70.90 Cr	Retailing	0.88%
47	Info Edge (India) Limited ₹69.72 Cr	Retailing	0.87%
48	Equitas Small Finance Bank Limited ₹70.31 Cr	Banks	0.87%
49	Max Healthcare Institute Limited ₹68.41 Cr	Healthcare Services	0.85%
50	Tube Investments of India Limited ₹67.93 Cr	Auto Components	0.84%
51	Wework India Management Limited ₹67.37 Cr	Commercial Services & Supplies	0.84%
52	Jubilant Ingrevia Limited ₹65.32 Cr	Chemicals & Petrochemicals	0.81%
53	Aavas Financiers Limited ₹63.94 Cr	Finance	0.80%
54	Ambuja Cements Limited ₹63.79 Cr	Cement & Cement Products	0.79%
55	Mahindra & Mahindra Financial Services Limited ₹62.91 Cr	Finance	0.78%
56	Hyundai Motor India Ltd ₹62.96 Cr	Automobiles	0.78%
57	Bharat Petroleum Corporation Limited ₹60.64 Cr	Petroleum Products	0.75%
58	Chalet Hotels Limited ₹59.27 Cr	Leisure Services	0.74%
59	Jindal Steel Limited ₹59.58 Cr	Ferrous Metals	0.74%
60	IndusInd Bank Limited ₹56.35 Cr	Banks	0.70%
61	Trent Limited ₹55.59 Cr	Retailing	0.69%
62	Balkrishna Industries Limited ₹51.99 Cr	Auto Components	0.65%
63	ICICI Prudential Asset Management Company Limited ₹51.17 Cr	Capital Markets	0.64%
64	Hindustan Petroleum Corporation Limited ₹51.43 Cr	Petroleum Products	0.64%
65	Technocraft Industries (India) Limited ₹44.02 Cr	Industrial Products	0.55%
66	GMM Pfaudler Ltd. ₹44.00 Cr	Industrial Manufacturing	0.55%
67	Mphasis Limited ₹43.34 Cr	IT - Software	0.54%
68	Molbio Diagnostics Ltd. ₹43.67 Cr	Healthcare Equipment & Supplies	0.54%
69	CESC Limited ₹41.90 Cr	Power	0.52%
70	Techno Electric & Engineering Company Limited ₹40.35 Cr	Construction	0.50%
71	Indoco Remedies Ltd ₹40.15 Cr	Pharmaceuticals & Biotechnology	0.50%
72	Diamond Power Infrastructure Limited ₹38.32 Cr	Electrical Equipment	0.48%
73	Zensar Technologies Limited ₹38.35 Cr	IT - Software	0.48%
74	Baazar Style Retail Ltd ₹37.71 Cr	Retailing	0.47%
75	Rubicon Research Limited ₹35.97 Cr	Pharmaceuticals & Biotechnology	0.45%
76	AUGMONT ENTERPRISES LIMITED ₹30.34 Cr	Non - Ferrous Metals	0.38%
77	Cummins India Limited ₹23.80 Cr	Industrial Products	0.30%
78	Uniparts India Limited ₹11.70 Cr	Auto Components	0.15%
79	Popular Vehicles and Services Limited ₹8.68 Cr	Automobiles	0.11%
80	Lumino Industries Limited ₹6.74 Cr	Miscellaneous	0.08%