What stocks does HSBC Flexi Cap Fund hold?

HSBC Flexi Cap 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 Flexi Cap Fund?

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

What category is HSBC Flexi Cap Fund?

HSBC Flexi Cap Fund is classified as a Flexi Cap mutual fund under SEBI's mutual fund categorisation framework.

How often is HSBC Flexi Cap Fund portfolio data updated?

Portfolio holdings for HSBC Flexi Cap 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.

← HSBC Mutual Fund

HSBC Flexi Cap Fund - Direct Growth

Flexi Cap Data as of May 2026 Comparing Apr 2026 → May 2026

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Stocks Held

May 2026

Equity Holdings

₹5,437.76 Cr

Equity only, excl. debt & cash

Top 5 Weight

15.2%

Diversified

Top 10 Weight

25.3%

Diversified

Changes

4 new · 3 exits

Top Sector

Banks

15.2% of portfolio

📋 What Happened This Month HSBC Flexi Cap Fund made 4 new additions and exited 3 stocks this month. The biggest new buy was Billionbrains Garage Ventures Ltd (Capital Markets) at 0.87% weight. Kaynes Technology India Limited was the biggest exit (Industrial Manufacturing), which was held at 1.06%. Among existing holdings, Lenskart Solutions Limited saw the biggest increase — now at 1.12% of the portfolio. Larsen & Toubro Limited was trimmed the most, now at 1.43%. ICICI Bank Limited remains the top holding with Banks the dominant sector at 15.2%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.

How Has the NAV Performed?

1 year history · HSBC Flexi Cap Fund - Direct Growth

+0.97%

+14.89%

+2.78%

+3.29%

Latest NAV

₹254.19

24 Jun 2026

52W High

₹255.45

-0% from High

52W Low

₹202.45

+26% from Low

Calendar Year Returns

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

2025

+2.2%

2024

+29.6%

2023

+32.8%

2022

-3.5%

2021

+35.5%

2020

+17.4%

2019

+7.3%

2018

-9.9%

2017

+41.3%

Rolling Returns

Performance across every possible investment start date.

1Y Rolling Avg

16.8%

+ve in 78% windows

90.7% / -32.9%

3Y Rolling Avg

15.2% p.a.

+ve in 96% windows

34.1% / -8.3%

5Y Rolling Avg

16.2% p.a.

+ve in 100% windows

31.0% / 7.3%

Crisis Period Behaviour

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

2024–25 Tariff

-20.1%

Rec: Nov 2025 (1yr)

COVID-19 Crash

-38.5%

Rec: Nov 2020 (11 mo)

2022 Rate Hike

-22.3%

Rec: Jun 2023 (1yr 6mo)

2018 IL&FS

-17.8%

Rec: Nov 2020 (3yr)

Risk Ratios

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

Sharpe Ratio (3Y)

0.86

Return per unit of risk. >1 is good.

Sortino Ratio (3Y)

1.20

Penalises downside volatility only.

Std Deviation (3Y)

15.4%

Lower = more consistent returns.

NAV Chart ₹254.19 24 Jun 2026

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

HSBC Flexi Cap Fund - Direct Growth

Chart shows indexed performance (base = 100). Actual NAV: ₹254.19

Sector Shift Industry allocation month-over-month

Mar 2026 → Apr 2026

Sector	Prev	Curr ▼	Delta
Banks	16.5%	15.3%	▼ -1.1%
Finance	7.2%	7.8%	▲ +0.6%
IT - Software	7.2%	7.2%	● 0.0%
Capital Markets	5.6%	6.0%	▲ +0.4%
Electrical Equipment	4.8%	5.2%	▲ +0.5%
Pharmaceuticals & Biotechnology	5.3%	4.6%	▼ -0.7%
Petroleum Products	3.4%	3.8%	▲ +0.4%
Automobiles	3.3%	3.7%	▲ +0.4%
Aerospace & Defense	3.0%	3.7%	▲ +0.7%
Beverages	2.3%	3.4%	▲ +1.1%

Apr 2026 → May 2026

Sector	Prev	Curr ▼	Delta
Banks	15.3%	15.2%	▼ -0.2%
Finance	7.8%	7.6%	▼ -0.2%
Capital Markets	6.0%	6.7%	▲ +0.7%
IT - Software	7.2%	6.7%	▼ -0.5%
Electrical Equipment	5.2%	5.6%	▲ +0.4%
Pharmaceuticals & Biotechnology	4.6%	4.9%	▲ +0.4%
Aerospace & Defense	3.7%	3.9%	▲ +0.2%
Petroleum Products	3.8%	3.7%	● 0.0%
Retailing	2.8%	3.5%	▲ +0.7%
Ferrous Metals	3.3%	3.4%	● +0.0%

🟢

Biggest New Buy

Billionbrains Garage Ventures Ltd

0.87% weight · Capital Markets

🔴

Biggest Exit

Kaynes Technology India Limited

1.06% was held · Industrial Manufacturing

↑

Biggest Add

Lenskart Solutions Limited

+0.76% · now 1.12%

↓

Biggest Trim

Larsen & Toubro Limited

-0.57% · now 1.43%

🤝 Other funds also bought this month

Billionbrains Garage Ventures Ltd 66 funds

Bharat Heavy Electricals Limited 26 funds

Jyoti CNC Automation Ltd 5 funds

Atlanta Electricals Ltd 1 fund

👋 Other funds also exited

Jubilant Foodworks Limited 18 funds

Kaynes Technology India Limited 12 funds

What Changed in the Portfolio This Month?

Comparing Apr 2026 → May 2026

Apr 2026 → May 2026

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

#	Stock	Sector	Weight (May 2026)
1	Billionbrains Garage Ventures Ltd ₹48.19 Cr	Capital Markets	0.87%
2	Bharat Heavy Electricals Limited ₹41.32 Cr	Electrical Equipment	0.75%
3	Jyoti CNC Automation Ltd ₹24.47 Cr	Industrial Manufacturing	0.44%
4	Atlanta Electricals Ltd ₹11.32 Cr	Electrical Equipment	0.20%

#	Stock	Sector	Last Weight (Apr 2026)
1	Kaynes Technology India Limited ₹57.23 Cr	Industrial Manufacturing	1.06%
2	Jubilant Foodworks Limited ₹34.97 Cr	Leisure Services	0.65%
3	Vikram Solar Ltd. ₹33.40 Cr	Electrical Equipment	0.62%

#	Stock	Sector	Apr 2026	May 2026	Change
1	Lenskart Solutions Limited ₹61.88 Cr	Retailing	0.36%	1.12%	+0.76%
2	Page Industries Limited ₹72.61 Cr	Textiles & Apparels	0.72%	1.31%	+0.59%
3	Samvardhana Motherson International Limited ₹111.35 Cr	Auto Components	1.51%	2.01%	+0.50%
4	Wockhardt Limited ₹85.20 Cr	Pharmaceuticals & Biotechnology	1.25%	1.54%	+0.29%
5	Hindustan Petroleum Corporation Limited ₹48.50 Cr	Petroleum Products	0.59%	0.88%	+0.29%
6	MTAR Technologies Limited ₹151.41 Cr	Aerospace & Defense	2.50%	2.73%	+0.23%
7	Coforge Limited ₹91.10 Cr	IT - Software	1.42%	1.64%	+0.22%
8	IIFL Capital Services Limited ₹70.31 Cr	Capital Markets	1.07%	1.27%	+0.20%
9	GE Vernova T&D India Limited ₹91.89 Cr	Electrical Equipment	1.47%	1.66%	+0.19%
10	Global Health Limited ₹53.84 Cr	Healthcare Services	0.80%	0.97%	+0.17%
11	Endurance Technologies Limited ₹71.26 Cr	Auto Components	1.13%	1.29%	+0.16%
12	Birla Corporation Limited ₹44.38 Cr	Cement & Cement Products	0.64%	0.80%	+0.16%
13	Dishman Carbogen Amcis Limited ₹43.13 Cr	Pharmaceuticals & Biotechnology	0.63%	0.78%	+0.15%
14	RBL Bank Limited ₹62.39 Cr	Banks	0.99%	1.13%	+0.14%
15	HDFC Asset Management Company Limited ₹58.41 Cr	Capital Markets	0.92%	1.05%	+0.13%
16	Karnataka Bank Ltd ₹99.21 Cr	Banks	1.68%	1.79%	+0.11%
17	Hindalco Industries Limited ₹101.04 Cr	Non - Ferrous Metals	1.72%	1.82%	+0.10%
18	Tata Steel Limited ₹95.69 Cr	Ferrous Metals	1.64%	1.73%	+0.09%
19	PARADEEP PHOSPHATES LIMITED ₹43.55 Cr	Fertilizers & Agrochemicals	0.71%	0.79%	+0.08%
20	Polycab India Limited ₹30.65 Cr	Industrial Products	0.49%	0.55%	+0.06%
21	CreditAccess Grameen Limited ₹65.04 Cr	Finance	1.12%	1.17%	+0.05%
22	JSW Energy Limited ₹59.57 Cr	Power	1.04%	1.08%	+0.04%
23	Bansal Wire Industries Limited ₹56.19 Cr	Industrial Products	0.97%	1.01%	+0.04%
24	Persistent Systems Limited ₹31.78 Cr	IT - Software	0.54%	0.57%	+0.03%
25	Pearl Global Industries Limited ₹21.15 Cr	Textiles & Apparels	0.36%	0.38%	+0.02%
26	Ather Energy Limited ₹70.33 Cr	Automobiles	1.26%	1.27%	+0.01%

#	Stock	Sector	Apr 2026	May 2026	Change
1	Larsen & Toubro Limited ₹79.07 Cr	Construction	2.00%	1.43%	-0.57%
2	LG Electronics India Ltd ₹43.24 Cr	Consumer Durables	1.19%	0.78%	-0.41%
3	Infosys Limited ₹87.90 Cr	IT - Software	1.99%	1.59%	-0.40%
4	Ashok Leyland Limited ₹60.99 Cr	Agricultural, Commercial & Construction Vehicles	1.44%	1.10%	-0.34%
5	Bharti Airtel Limited ₹95.84 Cr	Telecom - Services	2.06%	1.73%	-0.33%
6	Amber Enterprises India Limited ₹23.64 Cr	Consumer Durables	0.75%	0.43%	-0.32%
7	Reliance Industries Limited ₹157.90 Cr	Petroleum Products	3.16%	2.85%	-0.31%
8	Multi Commodity Exchange of India Limited ₹116.19 Cr	Capital Markets	2.40%	2.10%	-0.30%
9	Oil India Limited ₹26.96 Cr	Oil	0.79%	0.49%	-0.30%
10	LTIMindtree Limited ₹48.51 Cr	IT - Software	1.17%	0.88%	-0.29%
11	TVS Motor Company Limited ₹51.26 Cr	Automobiles	1.14%	0.93%	-0.21%
12	HDFC Bank Limited ₹174.19 Cr	Banks	3.34%	3.14%	-0.20%
13	Motilal Oswal Financial Services Limited ₹79.58 Cr	Capital Markets	1.60%	1.44%	-0.16%
14	Mahindra & Mahindra Limited ₹2.09 Cr	Automobiles	0.20%	0.04%	-0.16%
15	ICICI Bank Limited ₹232.70 Cr	Banks	4.33%	4.20%	-0.13%
16	Devyani International Limited ₹56.04 Cr	Leisure Services	1.12%	1.01%	-0.11%
17	Britannia Industries Limited ₹47.86 Cr	Food Products	0.97%	0.86%	-0.11%
18	Bharat Bijlee Ltd. ₹41.90 Cr	Electrical Equipment	0.86%	0.76%	-0.10%
19	Hindustan Unilever Limited ₹69.77 Cr	Diversified FMCG	1.35%	1.26%	-0.09%
20	NTPC Limited ₹84.09 Cr	Power	1.60%	1.52%	-0.08%
21	Pitti Engineering Ltd ₹61.98 Cr	Industrial Manufacturing	1.20%	1.12%	-0.08%
22	Godrej Consumer Products Limited ₹56.68 Cr	Personal Products	1.09%	1.02%	-0.07%
23	Titan Company Limited ₹39.64 Cr	Consumer Durables	0.79%	0.72%	-0.07%
24	PNB Housing Finance Limited ₹95.04 Cr	Finance	1.78%	1.72%	-0.06%
25	Jindal Steel Limited ₹90.91 Cr	Ferrous Metals	1.70%	1.64%	-0.06%
26	UltraTech Cement Limited ₹70.02 Cr	Cement & Cement Products	1.31%	1.26%	-0.05%
27	Cholamandalam Investment and Finance Company Ltd ₹67.94 Cr	Finance	1.28%	1.23%	-0.05%
28	Piramal Finance Ltd ₹45.83 Cr	Finance	0.88%	0.83%	-0.05%
29	Power Finance Corporation Limited ₹37.77 Cr	Finance	0.73%	0.68%	-0.05%
30	Maruti Suzuki India Limited ₹60.24 Cr	Automobiles	1.13%	1.09%	-0.04%
31	Lupin Limited ₹52.53 Cr	Pharmaceuticals & Biotechnology	0.99%	0.95%	-0.04%
32	Indian Bank ₹46.88 Cr	Banks	0.89%	0.85%	-0.04%
33	Bharat Electronics Limited ₹33.55 Cr	Aerospace & Defense	0.65%	0.61%	-0.04%
34	TD Power Systems Limited ₹125.26 Cr	Electrical Equipment	2.29%	2.26%	-0.03%
35	State Bank of India ₹115.78 Cr	Banks	2.12%	2.09%	-0.03%
36	Sun Pharmaceutical Industries Limited ₹58.21 Cr	Pharmaceuticals & Biotechnology	1.08%	1.05%	-0.03%
37	Vishal Mega Mart Limited ₹42.85 Cr	Retailing	0.80%	0.77%	-0.03%
38	GK Energy Ltd ₹39.60 Cr	Construction	0.75%	0.72%	-0.03%
39	Axis Bank Limited ₹108.67 Cr	Banks	1.98%	1.96%	-0.02%
40	Shriram Finance Limited ₹108.30 Cr	Finance	1.98%	1.96%	-0.02%
41	Tech Mahindra Limited ₹78.52 Cr	IT - Software	1.44%	1.42%	-0.02%
42	Hindustan Aeronautics Limited ₹29.01 Cr	Aerospace & Defense	0.54%	0.52%	-0.02%
43	Gokaldas Exports Limited ₹25.46 Cr	Textiles & Apparels	0.48%	0.46%	-0.02%
44	Anant Raj Global Limited ₹22.26 Cr	Realty	0.42%	0.40%	-0.02%
45	Eternal Limited ₹87.93 Cr	Retailing	1.60%	1.59%	-0.01%
46	Awfis Space Solutions Limited ₹42.64 Cr	Commercial Services & Supplies	0.78%	0.77%	-0.01%
47	Mphasis Limited ₹33.11 Cr	IT - Software	0.61%	0.60%	-0.01%
48	DLF Limited ₹24.63 Cr	Realty	0.45%	0.44%	-0.01%

What Stocks Does This Fund Hold?

82 stocks — May 2026

#	Stock	Sector	Weight & Value
1	ICICI Bank Limited ₹232.70 Cr	Banks	4.20%
2	HDFC Bank Limited ₹174.19 Cr	Banks	3.14%
3	Reliance Industries Limited ₹157.90 Cr	Petroleum Products	2.85%
4	MTAR Technologies Limited ₹151.41 Cr	Aerospace & Defense	2.73%
5	TD Power Systems Limited ₹125.26 Cr	Electrical Equipment	2.26%
6	Multi Commodity Exchange of India Limited ₹116.19 Cr	Capital Markets	2.10%
7	State Bank of India ₹115.78 Cr	Banks	2.09%
8	Samvardhana Motherson International Limited ₹111.35 Cr	Auto Components	2.01%
9	Axis Bank Limited ₹108.67 Cr	Banks	1.96%
10	Shriram Finance Limited ₹108.30 Cr	Finance	1.96%
11	Hindalco Industries Limited ₹101.04 Cr	Non - Ferrous Metals	1.82%
12	Karnataka Bank Ltd ₹99.21 Cr	Banks	1.79%
13	Bharti Airtel Limited ₹95.84 Cr	Telecom - Services	1.73%
14	Tata Steel Limited ₹95.69 Cr	Ferrous Metals	1.73%
15	Varun Beverages Limited ₹96.03 Cr	Beverages	1.73%
16	PNB Housing Finance Limited ₹95.04 Cr	Finance	1.72%
17	GE Vernova T&D India Limited ₹91.89 Cr	Electrical Equipment	1.66%
18	Coforge Limited ₹91.10 Cr	IT - Software	1.64%
19	Jindal Steel Limited ₹90.91 Cr	Ferrous Metals	1.64%
20	Radico Khaitan Limited ₹90.52 Cr	Beverages	1.63%
21	Eternal Limited ₹87.93 Cr	Retailing	1.59%
22	Infosys Limited ₹87.90 Cr	IT - Software	1.59%
23	Wockhardt Limited ₹85.20 Cr	Pharmaceuticals & Biotechnology	1.54%
24	NTPC Limited ₹84.09 Cr	Power	1.52%
25	Motilal Oswal Financial Services Limited ₹79.58 Cr	Capital Markets	1.44%
26	Larsen & Toubro Limited ₹79.07 Cr	Construction	1.43%
27	Tech Mahindra Limited ₹78.52 Cr	IT - Software	1.42%
28	Page Industries Limited ₹72.61 Cr	Textiles & Apparels	1.31%
29	Endurance Technologies Limited ₹71.26 Cr	Auto Components	1.29%
30	Ather Energy Limited ₹70.33 Cr	Automobiles	1.27%
31	IIFL Capital Services Limited ₹70.31 Cr	Capital Markets	1.27%
32	Hindustan Unilever Limited ₹69.77 Cr	Diversified FMCG	1.26%
33	UltraTech Cement Limited ₹70.02 Cr	Cement & Cement Products	1.26%
34	Cholamandalam Investment and Finance Company Ltd ₹67.94 Cr	Finance	1.23%
35	CreditAccess Grameen Limited ₹65.04 Cr	Finance	1.17%
36	RBL Bank Limited ₹62.39 Cr	Banks	1.13%
37	Pitti Engineering Ltd ₹61.98 Cr	Industrial Manufacturing	1.12%
38	Lenskart Solutions Limited ₹61.88 Cr	Retailing	1.12%
39	Ashok Leyland Limited ₹60.99 Cr	Agricultural, Commercial & Construction Vehicles	1.10%
40	Maruti Suzuki India Limited ₹60.24 Cr	Automobiles	1.09%
41	JSW Energy Limited ₹59.57 Cr	Power	1.08%
42	HDFC Asset Management Company Limited ₹58.41 Cr	Capital Markets	1.05%
43	Sun Pharmaceutical Industries Limited ₹58.21 Cr	Pharmaceuticals & Biotechnology	1.05%
44	Godrej Consumer Products Limited ₹56.68 Cr	Personal Products	1.02%
45	Devyani International Limited ₹56.04 Cr	Leisure Services	1.01%
46	Bansal Wire Industries Limited ₹56.19 Cr	Industrial Products	1.01%
47	Global Health Limited ₹53.84 Cr	Healthcare Services	0.97%
48	Lupin Limited ₹52.53 Cr	Pharmaceuticals & Biotechnology	0.95%
49	TVS Motor Company Limited ₹51.26 Cr	Automobiles	0.93%
50	LTIMindtree Limited ₹48.51 Cr	IT - Software	0.88%
51	Hindustan Petroleum Corporation Limited ₹48.50 Cr	Petroleum Products	0.88%
52	Billionbrains Garage Ventures Ltd ₹48.19 Cr	Capital Markets	0.87%
53	Britannia Industries Limited ₹47.86 Cr	Food Products	0.86%
54	Indian Bank ₹46.88 Cr	Banks	0.85%
55	Piramal Finance Ltd ₹45.83 Cr	Finance	0.83%
56	Birla Corporation Limited ₹44.38 Cr	Cement & Cement Products	0.80%
57	PARADEEP PHOSPHATES LIMITED ₹43.55 Cr	Fertilizers & Agrochemicals	0.79%
58	LG Electronics India Ltd ₹43.24 Cr	Consumer Durables	0.78%
59	Dishman Carbogen Amcis Limited ₹43.13 Cr	Pharmaceuticals & Biotechnology	0.78%
60	Vishal Mega Mart Limited ₹42.85 Cr	Retailing	0.77%
61	Awfis Space Solutions Limited ₹42.64 Cr	Commercial Services & Supplies	0.77%
62	Bharat Bijlee Ltd. ₹41.90 Cr	Electrical Equipment	0.76%
63	Bharat Heavy Electricals Limited ₹41.32 Cr	Electrical Equipment	0.75%
64	GK Energy Ltd ₹39.60 Cr	Construction	0.72%
65	Titan Company Limited ₹39.64 Cr	Consumer Durables	0.72%
66	Power Finance Corporation Limited ₹37.77 Cr	Finance	0.68%
67	Divi's Laboratories Limited ₹34.42 Cr	Pharmaceuticals & Biotechnology	0.62%
68	Bharat Electronics Limited ₹33.55 Cr	Aerospace & Defense	0.61%
69	Mphasis Limited ₹33.11 Cr	IT - Software	0.60%
70	Persistent Systems Limited ₹31.78 Cr	IT - Software	0.57%
71	Polycab India Limited ₹30.65 Cr	Industrial Products	0.55%
72	Hindustan Aeronautics Limited ₹29.01 Cr	Aerospace & Defense	0.52%
73	Oil India Limited ₹26.96 Cr	Oil	0.49%
74	Gokaldas Exports Limited ₹25.46 Cr	Textiles & Apparels	0.46%
75	DLF Limited ₹24.63 Cr	Realty	0.44%
76	Jyoti CNC Automation Ltd ₹24.47 Cr	Industrial Manufacturing	0.44%
77	Amber Enterprises India Limited ₹23.64 Cr	Consumer Durables	0.43%
78	Anant Raj Global Limited ₹22.26 Cr	Realty	0.40%
79	Pearl Global Industries Limited ₹21.15 Cr	Textiles & Apparels	0.38%
80	JSW Infrastructure Ltd ₹18.70 Cr	Transport Infrastructure	0.34%
81	Atlanta Electricals Ltd ₹11.32 Cr	Electrical Equipment	0.20%
82	Mahindra & Mahindra Limited ₹2.09 Cr	Automobiles	0.04%