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 Apr 2026 Comparing Mar 2026 → Apr 2026

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Stocks Held

Apr 2026

Equity Holdings

₹5,372.24 Cr

Equity only, excl. debt & cash

Top 5 Weight

15.7%

Diversified

Top 10 Weight

26.2%

Diversified

Changes

5 new · 2 exits

Top Sector

Banks

15.3% of portfolio

📋 What Happened This Month HSBC Flexi Cap Fund made 5 new additions and exited 2 stocks this month. The biggest new buy was Maruti Suzuki India Limited (Automobiles) at 1.13% weight. ICICI Prudential Asset Management Company Limited was the biggest exit (Capital Markets), which was held at 1.00%. Among existing holdings, MTAR Technologies Limited saw the biggest increase — now at 2.50% of the portfolio. HDFC Bank Limited was trimmed the most, now at 3.34%. ICICI Bank Limited remains the top holding with Banks the dominant sector at 15.3%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.

NAV Performance

1 year history · HSBC Flexi Cap Fund - Direct Growth

-1.25%

+5.53%

+0.45%

+2.94%

Latest NAV

₹248.13

04 Jun 2026

52W High

₹253.52

-2% from High

52W Low

₹202.45

+23% 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

16.9%

+ve in 78% windows

90.7% / -32.9%

3Y Rolling Avg

15.1% 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)

0.84

Return per unit of risk. >1 is good.

Sortino Ratio (3Y)

1.17

Penalises downside volatility only.

Std Deviation (3Y)

15.3%

Lower = more consistent returns.

NAV Chart ₹248.13 04 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: ₹248.13

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	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%

🟢

Biggest New Buy

Maruti Suzuki India Limited

1.13% weight · Automobiles

🔴

Biggest Exit

ICICI Prudential Asset Management Company Limited

1.00% was held · Capital Markets

↑

Biggest Add

MTAR Technologies Limited

+0.96% · now 2.50%

↓

Biggest Trim

HDFC Bank Limited

-1.05% · now 3.34%

🤝 Other funds also bought this month

Maruti Suzuki India Limited 76 funds

HDFC Asset Management Company Limited 44 funds

Mphasis Limited 32 funds

Hindustan Petroleum Corporation Limited 31 funds

Page Industries Limited 27 funds

👋 Other funds also exited

Dixon Technologies (India) Limited 27 funds

ICICI Prudential Asset Management Company Limited 21 funds

What Changed?

Comparing Mar 2026 → Apr 2026

Mar 2026 → Apr 2026

🟢 5 New Entries 🔴 2 Exits ↑ 39 Increased ↓ 36 Decreased

#	Stock	Sector	Weight (Apr 2026)
1	Maruti Suzuki India Limited ₹61.10 Cr	Automobiles	1.13%
2	HDFC Asset Management Company Limited ₹49.58 Cr	Capital Markets	0.92%
3	Page Industries Limited ₹38.78 Cr	Textiles & Apparels	0.72%
4	Mphasis Limited ₹33.19 Cr	IT - Software	0.61%
5	Hindustan Petroleum Corporation Limited ₹31.84 Cr	Petroleum Products	0.59%

#	Stock	Sector	Last Weight (Mar 2026)
1	ICICI Prudential Asset Management Company Limited ₹47.41 Cr	Capital Markets	1.00%
2	Dixon Technologies (India) Limited ₹28.25 Cr	Consumer Durables	0.60%

#	Stock	Sector	Mar 2026	Apr 2026	Change
1	MTAR Technologies Limited ₹135.08 Cr	Aerospace & Defense	1.54%	2.50%	+0.96%
2	Varun Beverages Limited ₹93.43 Cr	Beverages	1.08%	1.73%	+0.65%
3	Hindustan Unilever Limited ₹72.92 Cr	Diversified FMCG	0.88%	1.35%	+0.47%
4	Radico Khaitan Limited ₹88.06 Cr	Beverages	1.19%	1.63%	+0.44%
5	Pitti Engineering Ltd ₹64.86 Cr	Industrial Manufacturing	0.81%	1.20%	+0.39%
6	TD Power Systems Limited ₹123.92 Cr	Electrical Equipment	1.94%	2.29%	+0.35%
7	Devyani International Limited ₹60.59 Cr	Leisure Services	0.78%	1.12%	+0.34%
8	PNB Housing Finance Limited ₹96.44 Cr	Finance	1.47%	1.78%	+0.31%
9	Bharat Bijlee Ltd. ₹46.60 Cr	Electrical Equipment	0.62%	0.86%	+0.24%
10	Awfis Space Solutions Limited ₹42.17 Cr	Commercial Services & Supplies	0.54%	0.78%	+0.24%
11	Cholamandalam Investment and Finance Company Ltd ₹69.05 Cr	Finance	1.05%	1.28%	+0.23%
12	Karnataka Bank Ltd ₹90.94 Cr	Banks	1.47%	1.68%	+0.21%
13	Bansal Wire Industries Limited ₹52.34 Cr	Industrial Products	0.76%	0.97%	+0.21%
14	Multi Commodity Exchange of India Limited ₹129.46 Cr	Capital Markets	2.20%	2.40%	+0.20%
15	JSW Energy Limited ₹56.18 Cr	Power	0.86%	1.04%	+0.18%
16	Tata Steel Limited ₹88.46 Cr	Ferrous Metals	1.47%	1.64%	+0.17%
17	Dishman Carbogen Amcis Limited ₹34.07 Cr	Pharmaceuticals & Biotechnology	0.46%	0.63%	+0.17%
18	Motilal Oswal Financial Services Limited ₹86.68 Cr	Capital Markets	1.45%	1.60%	+0.15%
19	GK Energy Ltd ₹40.57 Cr	Construction	0.61%	0.75%	+0.14%
20	ICICI Bank Limited ₹234.00 Cr	Banks	4.21%	4.33%	+0.12%
21	Shriram Finance Limited ₹107.18 Cr	Finance	1.86%	1.98%	+0.12%
22	IIFL Capital Services Limited ₹57.68 Cr	Capital Markets	0.95%	1.07%	+0.12%
23	Ather Energy Limited ₹68.19 Cr	Automobiles	1.16%	1.26%	+0.10%
24	Global Health Limited ₹43.23 Cr	Healthcare Services	0.71%	0.80%	+0.09%
25	Coforge Limited ₹76.63 Cr	IT - Software	1.36%	1.42%	+0.06%
26	Ashok Leyland Limited ₹78.07 Cr	Agricultural, Commercial & Construction Vehicles	1.39%	1.44%	+0.05%
27	Wockhardt Limited ₹67.30 Cr	Pharmaceuticals & Biotechnology	1.20%	1.25%	+0.05%
28	Amber Enterprises India Limited ₹40.40 Cr	Consumer Durables	0.70%	0.75%	+0.05%
29	Vikram Solar Ltd. ₹33.40 Cr	Electrical Equipment	0.57%	0.62%	+0.05%
30	Hindustan Aeronautics Limited ₹29.25 Cr	Aerospace & Defense	0.50%	0.54%	+0.04%
31	Kaynes Technology India Limited ₹57.23 Cr	Industrial Manufacturing	1.03%	1.06%	+0.03%
32	PARADEEP PHOSPHATES LIMITED ₹38.61 Cr	Fertilizers & Agrochemicals	0.68%	0.71%	+0.03%
33	Gokaldas Exports Limited ₹25.90 Cr	Textiles & Apparels	0.45%	0.48%	+0.03%
34	RBL Bank Limited ₹53.37 Cr	Banks	0.97%	0.99%	+0.02%
35	Vishal Mega Mart Limited ₹43.03 Cr	Retailing	0.78%	0.80%	+0.02%
36	Power Finance Corporation Limited ₹39.51 Cr	Finance	0.71%	0.73%	+0.02%
37	Samvardhana Motherson International Limited ₹81.87 Cr	Auto Components	1.50%	1.51%	+0.01%
38	DLF Limited ₹24.48 Cr	Realty	0.44%	0.45%	+0.01%
39	Anant Raj Global Limited ₹22.77 Cr	Realty	0.41%	0.42%	+0.01%

#	Stock	Sector	Mar 2026	Apr 2026	Change
1	HDFC Bank Limited ₹180.54 Cr	Banks	4.39%	3.34%	-1.05%
2	Titan Company Limited ₹42.66 Cr	Consumer Durables	1.54%	0.79%	-0.75%
3	Lupin Limited ₹53.39 Cr	Pharmaceuticals & Biotechnology	1.57%	0.99%	-0.58%
4	Mahindra & Mahindra Limited ₹10.77 Cr	Automobiles	0.76%	0.20%	-0.56%
5	Infosys Limited ₹107.45 Cr	IT - Software	2.41%	1.99%	-0.42%
6	Bharti Airtel Limited ₹111.36 Cr	Telecom - Services	2.47%	2.06%	-0.41%
7	Hindalco Industries Limited ₹93.09 Cr	Non - Ferrous Metals	2.13%	1.72%	-0.41%
8	Oil India Limited ₹42.83 Cr	Oil	1.18%	0.79%	-0.39%
9	Sun Pharmaceutical Industries Limited ₹58.50 Cr	Pharmaceuticals & Biotechnology	1.41%	1.08%	-0.33%
10	Polycab India Limited ₹26.23 Cr	Industrial Products	0.78%	0.49%	-0.29%
11	TVS Motor Company Limited ₹61.46 Cr	Automobiles	1.42%	1.14%	-0.28%
12	Bharat Electronics Limited ₹35.23 Cr	Aerospace & Defense	0.92%	0.65%	-0.27%
13	Reliance Industries Limited ₹171.00 Cr	Petroleum Products	3.40%	3.16%	-0.24%
14	UltraTech Cement Limited ₹70.66 Cr	Cement & Cement Products	1.54%	1.31%	-0.23%
15	Axis Bank Limited ₹107.12 Cr	Banks	2.18%	1.98%	-0.20%
16	GE Vernova T&D India Limited ₹79.71 Cr	Electrical Equipment	1.66%	1.47%	-0.19%
17	JSW Infrastructure Ltd ₹18.47 Cr	Transport Infrastructure	0.53%	0.34%	-0.19%
18	Indian Bank ₹47.94 Cr	Banks	1.01%	0.89%	-0.12%
19	NTPC Limited ₹86.75 Cr	Power	1.71%	1.60%	-0.11%
20	Tech Mahindra Limited ₹77.97 Cr	IT - Software	1.55%	1.44%	-0.11%
21	State Bank of India ₹114.48 Cr	Banks	2.22%	2.12%	-0.10%
22	Eternal Limited ₹86.69 Cr	Retailing	1.70%	1.60%	-0.10%
23	Endurance Technologies Limited ₹61.00 Cr	Auto Components	1.23%	1.13%	-0.10%
24	Britannia Industries Limited ₹52.65 Cr	Food Products	1.06%	0.97%	-0.09%
25	Persistent Systems Limited ₹29.37 Cr	IT - Software	0.63%	0.54%	-0.09%
26	LTIMindtree Limited ₹63.06 Cr	IT - Software	1.25%	1.17%	-0.08%
27	Jindal Steel Limited ₹92.11 Cr	Ferrous Metals	1.77%	1.70%	-0.07%
28	Godrej Consumer Products Limited ₹58.77 Cr	Personal Products	1.15%	1.09%	-0.06%
29	LG Electronics India Ltd ₹64.48 Cr	Consumer Durables	1.23%	1.19%	-0.04%
30	Piramal Finance Ltd ₹47.54 Cr	Finance	0.92%	0.88%	-0.04%
31	Lenskart Solutions Limited ₹19.51 Cr	Retailing	0.40%	0.36%	-0.04%
32	Birla Corporation Limited ₹34.34 Cr	Cement & Cement Products	0.67%	0.64%	-0.03%
33	Divi's Laboratories Limited ₹33.57 Cr	Pharmaceuticals & Biotechnology	0.65%	0.62%	-0.03%
34	CreditAccess Grameen Limited ₹60.33 Cr	Finance	1.14%	1.12%	-0.02%
35	Jubilant Foodworks Limited ₹34.97 Cr	Leisure Services	0.67%	0.65%	-0.02%
36	Pearl Global Industries Limited ₹19.64 Cr	Textiles & Apparels	0.37%	0.36%	-0.01%

Full Portfolio

81 stocks — Apr 2026

#	Stock	Sector	Weight & Value
1	ICICI Bank Limited ₹234.00 Cr	Banks	4.33%
2	HDFC Bank Limited ₹180.54 Cr	Banks	3.34%
3	Reliance Industries Limited ₹171.00 Cr	Petroleum Products	3.16%
4	MTAR Technologies Limited ₹135.08 Cr	Aerospace & Defense	2.50%
5	Multi Commodity Exchange of India Limited ₹129.46 Cr	Capital Markets	2.40%
6	TD Power Systems Limited ₹123.92 Cr	Electrical Equipment	2.29%
7	State Bank of India ₹114.48 Cr	Banks	2.12%
8	Bharti Airtel Limited ₹111.36 Cr	Telecom - Services	2.06%
9	Larsen & Toubro Limited ₹108.24 Cr	Construction	2.00%
10	Infosys Limited ₹107.45 Cr	IT - Software	1.99%
11	Shriram Finance Limited ₹107.18 Cr	Finance	1.98%
12	Axis Bank Limited ₹107.12 Cr	Banks	1.98%
13	PNB Housing Finance Limited ₹96.44 Cr	Finance	1.78%
14	Varun Beverages Limited ₹93.43 Cr	Beverages	1.73%
15	Hindalco Industries Limited ₹93.09 Cr	Non - Ferrous Metals	1.72%
16	Jindal Steel Limited ₹92.11 Cr	Ferrous Metals	1.70%
17	Karnataka Bank Ltd ₹90.94 Cr	Banks	1.68%
18	Tata Steel Limited ₹88.46 Cr	Ferrous Metals	1.64%
19	Radico Khaitan Limited ₹88.06 Cr	Beverages	1.63%
20	Motilal Oswal Financial Services Limited ₹86.68 Cr	Capital Markets	1.60%
21	NTPC Limited ₹86.75 Cr	Power	1.60%
22	Eternal Limited ₹86.69 Cr	Retailing	1.60%
23	Samvardhana Motherson International Limited ₹81.87 Cr	Auto Components	1.51%
24	GE Vernova T&D India Limited ₹79.71 Cr	Electrical Equipment	1.47%
25	Ashok Leyland Limited ₹78.07 Cr	Agricultural, Commercial & Construction Vehicles	1.44%
26	Tech Mahindra Limited ₹77.97 Cr	IT - Software	1.44%
27	Coforge Limited ₹76.63 Cr	IT - Software	1.42%
28	Hindustan Unilever Limited ₹72.92 Cr	Diversified FMCG	1.35%
29	UltraTech Cement Limited ₹70.66 Cr	Cement & Cement Products	1.31%
30	Cholamandalam Investment and Finance Company Ltd ₹69.05 Cr	Finance	1.28%
31	Ather Energy Limited ₹68.19 Cr	Automobiles	1.26%
32	Wockhardt Limited ₹67.30 Cr	Pharmaceuticals & Biotechnology	1.25%
33	Pitti Engineering Ltd ₹64.86 Cr	Industrial Manufacturing	1.20%
34	LG Electronics India Ltd ₹64.48 Cr	Consumer Durables	1.19%
35	LTIMindtree Limited ₹63.06 Cr	IT - Software	1.17%
36	TVS Motor Company Limited ₹61.46 Cr	Automobiles	1.14%
37	Maruti Suzuki India Limited ₹61.10 Cr	Automobiles	1.13%
38	Endurance Technologies Limited ₹61.00 Cr	Auto Components	1.13%
39	Devyani International Limited ₹60.59 Cr	Leisure Services	1.12%
40	CreditAccess Grameen Limited ₹60.33 Cr	Finance	1.12%
41	Godrej Consumer Products Limited ₹58.77 Cr	Personal Products	1.09%
42	Sun Pharmaceutical Industries Limited ₹58.50 Cr	Pharmaceuticals & Biotechnology	1.08%
43	IIFL Capital Services Limited ₹57.68 Cr	Capital Markets	1.07%
44	Kaynes Technology India Limited ₹57.23 Cr	Industrial Manufacturing	1.06%
45	JSW Energy Limited ₹56.18 Cr	Power	1.04%
46	Lupin Limited ₹53.39 Cr	Pharmaceuticals & Biotechnology	0.99%
47	RBL Bank Limited ₹53.37 Cr	Banks	0.99%
48	Britannia Industries Limited ₹52.65 Cr	Food Products	0.97%
49	Bansal Wire Industries Limited ₹52.34 Cr	Industrial Products	0.97%
50	HDFC Asset Management Company Limited ₹49.58 Cr	Capital Markets	0.92%
51	Indian Bank ₹47.94 Cr	Banks	0.89%
52	Piramal Finance Ltd ₹47.54 Cr	Finance	0.88%
53	Bharat Bijlee Ltd. ₹46.60 Cr	Electrical Equipment	0.86%
54	Global Health Limited ₹43.23 Cr	Healthcare Services	0.80%
55	Vishal Mega Mart Limited ₹43.03 Cr	Retailing	0.80%
56	Oil India Limited ₹42.83 Cr	Oil	0.79%
57	Titan Company Limited ₹42.66 Cr	Consumer Durables	0.79%
58	Awfis Space Solutions Limited ₹42.17 Cr	Commercial Services & Supplies	0.78%
59	GK Energy Ltd ₹40.57 Cr	Construction	0.75%
60	Amber Enterprises India Limited ₹40.40 Cr	Consumer Durables	0.75%
61	Power Finance Corporation Limited ₹39.51 Cr	Finance	0.73%
62	Page Industries Limited ₹38.78 Cr	Textiles & Apparels	0.72%
63	PARADEEP PHOSPHATES LIMITED ₹38.61 Cr	Fertilizers & Agrochemicals	0.71%
64	Bharat Electronics Limited ₹35.23 Cr	Aerospace & Defense	0.65%
65	Jubilant Foodworks Limited ₹34.97 Cr	Leisure Services	0.65%
66	Birla Corporation Limited ₹34.34 Cr	Cement & Cement Products	0.64%
67	Dishman Carbogen Amcis Limited ₹34.07 Cr	Pharmaceuticals & Biotechnology	0.63%
68	Divi's Laboratories Limited ₹33.57 Cr	Pharmaceuticals & Biotechnology	0.62%
69	Vikram Solar Ltd. ₹33.40 Cr	Electrical Equipment	0.62%
70	Mphasis Limited ₹33.19 Cr	IT - Software	0.61%
71	Hindustan Petroleum Corporation Limited ₹31.84 Cr	Petroleum Products	0.59%
72	Persistent Systems Limited ₹29.37 Cr	IT - Software	0.54%
73	Hindustan Aeronautics Limited ₹29.25 Cr	Aerospace & Defense	0.54%
74	Polycab India Limited ₹26.23 Cr	Industrial Products	0.49%
75	Gokaldas Exports Limited ₹25.90 Cr	Textiles & Apparels	0.48%
76	DLF Limited ₹24.48 Cr	Realty	0.45%
77	Anant Raj Global Limited ₹22.77 Cr	Realty	0.42%
78	Pearl Global Industries Limited ₹19.64 Cr	Textiles & Apparels	0.36%
79	Lenskart Solutions Limited ₹19.51 Cr	Retailing	0.36%
80	JSW Infrastructure Ltd ₹18.47 Cr	Transport Infrastructure	0.34%
81	Mahindra & Mahindra Limited ₹10.77 Cr	Automobiles	0.20%