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HSBC Balanced Advantage Fund - Direct Growth

Balanced Advantage Data as of May 2026 Comparing Apr 2026 → May 2026
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Stocks Held
57
May 2026
Equity Holdings
₹1,085.78 Cr
Equity only, excl. debt & cash
Top 5 Weight
22.8%
Diversified
Top 10 Weight
35.2%
Diversified
Changes
56
4 new · 5 exits
Top Sector
Banks
21.9% of portfolio
📋 What Happened This Month HSBC Balanced Advantage Fund made 4 new additions and exited 5 stocks this month. The biggest new buy was R R Kabel Limited (Industrial Products) at 1.03% weight. UTI Asset Management Company Limited was the biggest exit (Capital Markets), which was held at 0.63%. Among existing holdings, ICICI Bank Limited saw the biggest increase — now at 5.39% of the portfolio. United Spirits Limited was trimmed the most, now at 0.44%. HDFC 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.
Sector Shift Industry allocation month-over-month
Mar 2026 Apr 2026
Sector Prev Curr Delta
Banks 19.2% 20.6% +1.4%
Pharmaceuticals & Biotechnology 6.4% 5.4% -1.0%
Retailing 4.5% 4.2% -0.3%
Realty 3.1% 3.3% +0.3%
Petroleum Products 3.3% 3.3% +0.1%
Power 2.8% 3.1% +0.3%
Beverages 2.5% 3.0% +0.5%
Finance 3.1% 2.9% -0.2%
IT - Software 2.5% 2.7% +0.1%
Industrial Products 2.1% 2.4% +0.3%
Apr 2026 May 2026
Sector Prev Curr Delta
Banks 20.6% 21.9% +1.3%
Pharmaceuticals & Biotechnology 5.4% 5.6% +0.2%
Retailing 4.2% 4.2% +0.1%
Realty 3.3% 3.4% +0.0%
Industrial Products 2.4% 3.2% +0.9%
Power 3.1% 3.1% +0.1%
Petroleum Products 3.3% 3.1% -0.2%
Finance 2.9% 2.9% +0.0%
IT - Software 2.7% 2.7% +0.1%
Beverages 3.0% 2.5% -0.5%
🟢
Biggest New Buy
R R Kabel Limited
1.03% weight · Industrial Products
🔴
Biggest Exit
UTI Asset Management Company Limited
0.63% was held · Capital Markets
Biggest Add
ICICI Bank Limited
+0.94% · now 5.39%
Biggest Trim
United Spirits Limited
-0.57% · now 0.44%
🤝 Other funds also bought this month
SBI Life Insurance Company Limited 28 funds
SBI Life Insurance Company Limited
ICICI Prudential Banking & Financial Services Fund
HDFC NIFTY200 MOMENTUM 30 INDEX FUND
ICICI Prudential Nifty 200 Momentum 30 Index Fund - Direct Plan - Growth + more
Hindustan Unilever Limited 23 funds
Hindustan Unilever Limited
DSP NIFTY FMCG ETF
ICICI Prudential Nifty Top 15 Equal Weight Index Fund - Direct Plan - Growth
Motilal Oswal BSE Quality Index Fund + more
HDFC Asset Management Company Limited 21 funds
HDFC Asset Management Company Limited
Axis Nifty Capital Markets Index Fund
Motilal Oswal BSE Quality Index Fund
Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF + more
R R Kabel Limited 9 funds
R R Kabel Limited
Aditya Birla Sun Life Business Cycle Fund-Direct Growth
TRUSTMF SMALL CAP FUND -DIRECT PLAN-GROWTH
TRUSTMF MULTI CAP FUND -DIRECT PLAN-GROWTH + more
👋 Other funds also exited
PG Electroplast Limited 6 funds
PG Electroplast Limited
HSBC Small Cap Fund - Direct Growth
Axis Value Fund - Direct Plan - Growth
Sundaram Balanced Advantage Fund ( Formerly Known as Principal Balanced Advantage Fund) - Direct Plan - Growth Option + more
Firstsource Solutions Limited 2 funds
Firstsource Solutions Limited
HSBC Multi Cap Fund - Direct - Growth
HDFC NIFTY Midcap 150 Index Fund - Growth Option - Direct Plan
UTI Asset Management Company Limited 2 funds
UTI Asset Management Company Limited
HDFC Defence Fund - Growth Option - Direct Plan
HDFC NIFTY Midcap 150 Index Fund - Growth Option - Direct Plan
IIFL Capital Services Limited 1 fund
IIFL Capital Services Limited
HSBC India Export Opportunities Fund - Direct Growth

What Changed in the Portfolio This Month?

Comparing Apr 2026 → May 2026

Apr 2026 May 2026
🟢 4 New Entries 🔴 5 Exits ↑ 25 Increased ↓ 22 Decreased
#StockSectorWeight (May 2026)
1
R R Kabel Limited
₹15.42 Cr
Industrial Products 1.03%
2
Hindustan Unilever Limited
₹13.18 Cr
Diversified FMCG 0.88%
3
SBI Life Insurance Company Limited
₹8.24 Cr
Insurance 0.55%
4
HDFC Asset Management Company Limited
₹8.02 Cr
Capital Markets 0.54%
#StockSectorLast Weight (Apr 2026)
1
UTI Asset Management Company Limited
₹9.50 Cr
Capital Markets 0.63%
2
PG Electroplast Limited
₹8.01 Cr
Consumer Durables 0.53%
3
IIFL Capital Services Limited
₹7.81 Cr
Capital Markets 0.52%
4
Canara Robeco Asset Management Co Ltd/India
₹6.33 Cr
Capital Markets 0.42%
5
Firstsource Solutions Limited
₹2.14 Cr
Commercial Services & Supplies 0.14%
#StockSectorApr 2026May 2026Change
1
ICICI Bank Limited
₹80.49 Cr
Banks 4.45% 5.39% +0.94%
2
JSW Steel Limited
₹12.78 Cr
Ferrous Metals 0.25% 0.86% +0.61%
3
Kotak Mahindra Bank Limited
₹57.82 Cr
Banks 3.40% 3.87% +0.47%
4
Mahindra & Mahindra Limited
₹19.80 Cr
Automobiles 0.99% 1.33% +0.34%
5
GE Vernova T&D India Limited
₹20.59 Cr
Electrical Equipment 1.19% 1.38% +0.19%
6
NTPC Limited
₹12.57 Cr
Power 0.66% 0.84% +0.18%
7
Aurobindo Pharma Limited
₹52.09 Cr
Pharmaceuticals & Biotechnology 3.37% 3.49% +0.12%
8
Axis Bank Limited
₹67.87 Cr
Banks 4.44% 4.55% +0.11%
9
Hindalco Industries Limited
₹11.83 Cr
Non - Ferrous Metals 0.72% 0.79% +0.07%
10
Eternal Limited
₹35.02 Cr
Retailing 2.29% 2.35% +0.06%
#StockSectorApr 2026May 2026Change
1
United Spirits Limited
₹6.60 Cr
Beverages 1.01% 0.44% -0.57%
2
Britannia Industries Limited
₹5.20 Cr
Food Products 0.76% 0.35% -0.41%
3
Reliance Industries Limited
₹46.24 Cr
Petroleum Products 3.33% 3.10% -0.23%
4
HDFC Bank Limited
₹82.14 Cr
Banks 5.65% 5.50% -0.15%
5
State Bank of India
₹20.83 Cr
Banks 1.53% 1.40% -0.13%
6
Tata Power Company Limited
₹34.04 Cr
Power 2.39% 2.28% -0.11%
7
Time Technoplast Limited
₹13.98 Cr
Industrial Products 1.03% 0.94% -0.09%
8
Polycab India Limited
₹18.96 Cr
Industrial Products 1.35% 1.27% -0.08%
9
Bharat Electronics Limited
₹25.75 Cr
Aerospace & Defense 1.80% 1.73% -0.07%
10
ITC Limited
₹8.17 Cr
Diversified FMCG 0.60% 0.55% -0.05%

What Stocks Does This Fund Hold?

57 stocks — May 2026

# Stock Sector Cap Weight & Value
1
₹82.14 Cr
Banks
5.50%
2
₹80.49 Cr
Banks
5.39%
3
₹67.87 Cr
Banks
4.55%
4
₹57.82 Cr
Banks
3.87%
5
₹52.09 Cr
Pharmaceuticals & Biotechnology
3.49%
6
₹46.24 Cr
Petroleum Products
3.10%
7
₹36.20 Cr
Realty
2.43%
8
₹35.02 Cr
Retailing
2.35%
9
₹34.04 Cr
Power
2.28%
10
₹33.15 Cr
Finance
2.22%
🏆 Top stocks held by Balanced Advantage funds
See which stocks all active Balanced Advantage fund managers are buying — ranked by total value invested
🏦 HSBC Mutual Fund — Portfolio & Holdings
See all funds managed by HSBC 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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