What stocks does HSBC Balanced Advantage Fund hold?

HSBC Balanced Advantage Fund holds a portfolio of Indian equity stocks disclosed monthly by HSBC 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 HSBC Balanced Advantage Fund?

HSBC Balanced Advantage Fund is managed by HSBC Mutual Fund, a SEBI-registered Asset Management Company in India.

What category is HSBC Balanced Advantage Fund?

HSBC Balanced Advantage Fund is classified as a Balanced Advantage mutual fund under SEBI's mutual fund categorisation framework.

How often is HSBC Balanced Advantage Fund portfolio data updated?

Portfolio holdings for HSBC Balanced Advantage 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.

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HSBC Balanced Advantage Fund - Direct Growth

Balanced Advantage Data as of Apr 2026 Comparing Mar 2026 → Apr 2026

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Stocks Held

Apr 2026

Equity Holdings

₹1,063.68 Cr

Equity only, excl. debt & cash

Top 5 Weight

21.3%

Diversified

Top 10 Weight

33.9%

Diversified

Changes

5 new · 2 exits

Top Sector

Banks

20.6% of portfolio

📋 What Happened This Month HSBC Balanced Advantage Fund made 5 new additions and exited 2 stocks this month. The biggest new buy was 360 One WAM Limited (Capital Markets) at 0.34% weight. Neuland Laboratories Limited was the biggest exit (Pharmaceuticals & Biotechnology), which was held at 0.83%. Among existing holdings, ICICI Bank Limited saw the biggest increase — now at 4.45% of the portfolio. Axis Bank Limited was trimmed the most, now at 4.44%. HDFC Bank Limited remains the top holding with Banks the dominant sector at 20.6%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.

NAV Performance

1 year history · HSBC Balanced Advantage Fund - Direct Growth

-1.22%

-0.25%

-2.36%

+0.46%

Latest NAV

₹49.93

04 Jun 2026

52W High

₹51.64

-3% from High

52W Low

₹45.99

+9% from Low

Calendar Year Returns

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

2025

+4.2%

2024

+17.0%

2023

+19.6%

Rolling Returns

Performance across every possible investment start date.

1Y Rolling Avg

13.8%

+ve in 100% windows

27.9% / 1.1%

3Y Rolling Avg

12.4% p.a.

+ve in 100% windows

13.4% / 10.7%

Crisis Period Behaviour

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

2024–25 Tariff

-8.7%

Rec: Jul 2025 (6 mo)

COVID-19 Crash

Pre-inception

Rec: N/A

2022 Rate Hike

Pre-inception

Rec: N/A

2018 IL&FS

Pre-inception

Rec: N/A

Risk Ratios

3 years daily NAV · Risk-free rate 6.5% p.a. What do these mean? →

Sharpe Ratio (3Y)

0.67

Return per unit of risk. >1 is good.

Sortino Ratio (3Y)

0.94

Penalises downside volatility only.

Std Deviation (3Y)

6.8%

Lower = more consistent returns.

NAV Chart ₹49.93 04 Jun 2026

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

HSBC Balanced Advantage Fund - Direct Growth

Chart shows indexed performance (base = 100). Actual NAV: ₹49.93

Sector Shift Industry allocation month-over-month

Earlier shift unavailable

Needs 3 months of holdings data.

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%

🟢

Biggest New Buy

360 One WAM Limited

0.34% weight · Capital Markets

🔴

Biggest Exit

Neuland Laboratories Limited

0.83% was held · Pharmaceuticals & Biotechnology

↑

Biggest Add

ICICI Bank Limited

+1.01% · now 4.45%

↓

Biggest Trim

Axis Bank Limited

-0.75% · now 4.44%

🤝 Other funds also bought this month

360 One WAM Limited 37 funds

JSW Steel Limited 36 funds

Mphasis Limited 32 funds

Tata Consumer Products Limited 30 funds

UNO Minda Limited 19 funds

👋 Other funds also exited

SBI Cards and Payment Services Limited 17 funds

Neuland Laboratories Limited 8 funds

What Changed?

Comparing Mar 2026 → Apr 2026

Mar 2026 → Apr 2026

🟢 5 New Entries 🔴 2 Exits ↑ 39 Increased ↓ 11 Decreased

#	Stock	Sector	Weight (Apr 2026)
1	360 One WAM Limited ₹5.17 Cr	Capital Markets	0.34%
2	Mphasis Limited ₹3.87 Cr	IT - Software	0.26%
3	JSW Steel Limited ₹3.79 Cr	Ferrous Metals	0.25%
4	Tata Consumer Products Limited ₹2.63 Cr	Agricultural Food & other Products	0.17%
5	UNO Minda Limited ₹1.95 Cr	Auto Components	0.13%

#	Stock	Sector	Last Weight (Mar 2026)
1	Neuland Laboratories Limited ₹12.03 Cr	Pharmaceuticals & Biotechnology	0.83%
2	SBI Cards and Payment Services Limited ₹6.35 Cr	Finance	0.44%

#	Stock	Sector	Mar 2026	Apr 2026	Change
1	ICICI Bank Limited ₹66.96 Cr	Banks	3.44%	4.45%	+1.01%
2	Bharti Airtel Limited ₹18.87 Cr	Telecom - Services	0.41%	1.25%	+0.84%
3	HDFC Bank Limited ₹85.13 Cr	Banks	5.07%	5.65%	+0.58%
4	State Bank of India ₹23.08 Cr	Banks	1.25%	1.53%	+0.28%
5	Tata Power Company Limited ₹35.97 Cr	Power	2.12%	2.39%	+0.27%
6	Sri Lotus Developers and Realty Ltd. ₹14.31 Cr	Realty	0.71%	0.95%	+0.24%
7	Radico Khaitan Limited ₹17.12 Cr	Beverages	0.91%	1.14%	+0.23%
8	UltraTech Cement Limited ₹9.27 Cr	Cement & Cement Products	0.39%	0.62%	+0.23%
9	Larsen & Toubro Limited ₹32.11 Cr	Construction	1.94%	2.13%	+0.19%
10	Varun Beverages Limited ₹12.84 Cr	Beverages	0.66%	0.85%	+0.19%
11	GE Vernova T&D India Limited ₹17.86 Cr	Electrical Equipment	1.01%	1.19%	+0.18%
12	Polycab India Limited ₹20.28 Cr	Industrial Products	1.18%	1.35%	+0.17%
13	PNB Housing Finance Limited ₹10.46 Cr	Finance	0.52%	0.69%	+0.17%
14	Time Technoplast Limited ₹15.44 Cr	Industrial Products	0.88%	1.03%	+0.15%
15	Bharat Bijlee Ltd. ₹7.74 Cr	Electrical Equipment	0.36%	0.51%	+0.15%
16	Kotak Mahindra Bank Limited ₹51.17 Cr	Banks	3.26%	3.40%	+0.14%
17	RBL Bank Limited ₹16.83 Cr	Banks	1.00%	1.12%	+0.12%
18	IIFL Capital Services Limited ₹7.81 Cr	Capital Markets	0.42%	0.52%	+0.10%
19	Reliance Industries Limited ₹50.08 Cr	Petroleum Products	3.25%	3.33%	+0.08%
20	Hindalco Industries Limited ₹10.90 Cr	Non - Ferrous Metals	0.64%	0.72%	+0.08%
21	Devyani International Limited ₹6.24 Cr	Leisure Services	0.33%	0.41%	+0.08%
22	Shriram Finance Limited ₹32.81 Cr	Finance	2.11%	2.18%	+0.07%
23	Bharat Electronics Limited ₹27.04 Cr	Aerospace & Defense	1.74%	1.80%	+0.06%
24	LG Electronics India Ltd ₹15.93 Cr	Consumer Durables	1.00%	1.06%	+0.06%
25	Aditya Vision Ltd ₹14.43 Cr	Retailing	0.91%	0.96%	+0.05%
26	United Spirits Limited ₹15.22 Cr	Beverages	0.97%	1.01%	+0.04%
27	PG Electroplast Limited ₹8.01 Cr	Consumer Durables	0.49%	0.53%	+0.04%
28	Canara Robeco Asset Management Co Ltd/India ₹6.33 Cr	Capital Markets	0.38%	0.42%	+0.04%
29	Eicher Motors Limited ₹10.66 Cr	Automobiles	0.68%	0.71%	+0.03%
30	ITC Limited ₹8.97 Cr	Diversified FMCG	0.57%	0.60%	+0.03%
31	NTPC Limited ₹9.98 Cr	Power	0.64%	0.66%	+0.02%
32	Tech Mahindra Limited ₹8.84 Cr	IT - Software	0.57%	0.59%	+0.02%
33	BIKAJI FOODS INTERNATIONAL LIMITED ₹8.46 Cr	Food Products	0.54%	0.56%	+0.02%
34	Exide Industries Limited ₹2.47 Cr	Auto Components	0.14%	0.16%	+0.02%
35	Aurobindo Pharma Limited ₹50.74 Cr	Pharmaceuticals & Biotechnology	3.36%	3.37%	+0.01%
36	DLF Limited ₹35.98 Cr	Realty	2.38%	2.39%	+0.01%
37	Mahindra & Mahindra Limited ₹14.87 Cr	Automobiles	0.98%	0.99%	+0.01%
38	Britannia Industries Limited ₹11.45 Cr	Food Products	0.75%	0.76%	+0.01%
39	Coforge Limited ₹3.59 Cr	IT - Software	0.23%	0.24%	+0.01%

#	Stock	Sector	Mar 2026	Apr 2026	Change
1	Axis Bank Limited ₹66.90 Cr	Banks	5.19%	4.44%	-0.75%
2	Eternal Limited ₹34.52 Cr	Retailing	2.68%	2.29%	-0.39%
3	Infosys Limited ₹23.64 Cr	IT - Software	1.73%	1.57%	-0.16%
4	Firstsource Solutions Limited ₹2.14 Cr	Commercial Services & Supplies	0.28%	0.14%	-0.14%
5	Sun Pharmaceutical Industries Limited ₹18.50 Cr	Pharmaceuticals & Biotechnology	1.30%	1.23%	-0.07%
6	Abbott India Limited ₹12.72 Cr	Pharmaceuticals & Biotechnology	0.90%	0.84%	-0.06%
7	UTI Asset Management Company Limited ₹9.50 Cr	Capital Markets	0.65%	0.63%	-0.02%
8	Vinati Organics Limited ₹6.61 Cr	Chemicals & Petrochemicals	0.46%	0.44%	-0.02%
9	Safari Industries India Ltd ₹4.24 Cr	Consumer Durables	0.30%	0.28%	-0.02%
10	Max Healthcare Institute Limited ₹14.90 Cr	Healthcare Services	1.00%	0.99%	-0.01%
11	Tata Motors Ltd ₹8.20 Cr	Agricultural, Commercial & Construction Vehicles	0.55%	0.54%	-0.01%

Full Portfolio

58 stocks — Apr 2026

#	Stock	Sector	Weight & Value
1	HDFC Bank Limited ₹85.13 Cr	Banks	5.65%
2	ICICI Bank Limited ₹66.96 Cr	Banks	4.45%
3	Axis Bank Limited ₹66.90 Cr	Banks	4.44%
4	Kotak Mahindra Bank Limited ₹51.17 Cr	Banks	3.40%
5	Aurobindo Pharma Limited ₹50.74 Cr	Pharmaceuticals & Biotechnology	3.37%
6	Reliance Industries Limited ₹50.08 Cr	Petroleum Products	3.33%
7	DLF Limited ₹35.98 Cr	Realty	2.39%
8	Tata Power Company Limited ₹35.97 Cr	Power	2.39%
9	Eternal Limited ₹34.52 Cr	Retailing	2.29%
10	Shriram Finance Limited ₹32.81 Cr	Finance	2.18%
11	Larsen & Toubro Limited ₹32.11 Cr	Construction	2.13%
12	Bharat Electronics Limited ₹27.04 Cr	Aerospace & Defense	1.80%
13	Infosys Limited ₹23.64 Cr	IT - Software	1.57%
14	State Bank of India ₹23.08 Cr	Banks	1.53%
15	Polycab India Limited ₹20.28 Cr	Industrial Products	1.35%
16	Bharti Airtel Limited ₹18.87 Cr	Telecom - Services	1.25%
17	Sun Pharmaceutical Industries Limited ₹18.50 Cr	Pharmaceuticals & Biotechnology	1.23%
18	GE Vernova T&D India Limited ₹17.86 Cr	Electrical Equipment	1.19%
19	Radico Khaitan Limited ₹17.12 Cr	Beverages	1.14%
20	RBL Bank Limited ₹16.83 Cr	Banks	1.12%
21	LG Electronics India Ltd ₹15.93 Cr	Consumer Durables	1.06%
22	Time Technoplast Limited ₹15.44 Cr	Industrial Products	1.03%
23	United Spirits Limited ₹15.22 Cr	Beverages	1.01%
24	Max Healthcare Institute Limited ₹14.90 Cr	Healthcare Services	0.99%
25	Mahindra & Mahindra Limited ₹14.87 Cr	Automobiles	0.99%
26	Aditya Vision Ltd ₹14.43 Cr	Retailing	0.96%
27	Sri Lotus Developers and Realty Ltd. ₹14.31 Cr	Realty	0.95%
28	Swiggy Limited ₹13.52 Cr	Retailing	0.90%
29	Varun Beverages Limited ₹12.84 Cr	Beverages	0.85%
30	Abbott India Limited ₹12.72 Cr	Pharmaceuticals & Biotechnology	0.84%
31	Britannia Industries Limited ₹11.45 Cr	Food Products	0.76%
32	Hindalco Industries Limited ₹10.90 Cr	Non - Ferrous Metals	0.72%
33	Eicher Motors Limited ₹10.66 Cr	Automobiles	0.71%
34	PNB Housing Finance Limited ₹10.46 Cr	Finance	0.69%
35	NTPC Limited ₹9.98 Cr	Power	0.66%
36	UTI Asset Management Company Limited ₹9.50 Cr	Capital Markets	0.63%
37	UltraTech Cement Limited ₹9.27 Cr	Cement & Cement Products	0.62%
38	ITC Limited ₹8.97 Cr	Diversified FMCG	0.60%
39	Tech Mahindra Limited ₹8.84 Cr	IT - Software	0.59%
40	BIKAJI FOODS INTERNATIONAL LIMITED ₹8.46 Cr	Food Products	0.56%
41	Tata Motors Ltd ₹8.20 Cr	Agricultural, Commercial & Construction Vehicles	0.54%
42	PG Electroplast Limited ₹8.01 Cr	Consumer Durables	0.53%
43	IIFL Capital Services Limited ₹7.81 Cr	Capital Markets	0.52%
44	Bharat Bijlee Ltd. ₹7.74 Cr	Electrical Equipment	0.51%
45	Oil India Limited ₹7.36 Cr	Oil	0.49%
46	Ashok Leyland Limited ₹7.29 Cr	Agricultural, Commercial & Construction Vehicles	0.48%
47	Vinati Organics Limited ₹6.61 Cr	Chemicals & Petrochemicals	0.44%
48	Canara Robeco Asset Management Co Ltd/India ₹6.33 Cr	Capital Markets	0.42%
49	Devyani International Limited ₹6.24 Cr	Leisure Services	0.41%
50	360 One WAM Limited ₹5.17 Cr	Capital Markets	0.34%
51	Safari Industries India Ltd ₹4.24 Cr	Consumer Durables	0.28%
52	Mphasis Limited ₹3.87 Cr	IT - Software	0.26%
53	JSW Steel Limited ₹3.79 Cr	Ferrous Metals	0.25%
54	Coforge Limited ₹3.59 Cr	IT - Software	0.24%
55	Tata Consumer Products Limited ₹2.63 Cr	Agricultural Food & other Products	0.17%
56	Exide Industries Limited ₹2.47 Cr	Auto Components	0.16%
57	Firstsource Solutions Limited ₹2.14 Cr	Commercial Services & Supplies	0.14%
58	UNO Minda Limited ₹1.95 Cr	Auto Components	0.13%