What stocks does HSBC Infrastructure Fund hold?

HSBC Infrastructure 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 Infrastructure Fund?

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

What category is HSBC Infrastructure Fund?

HSBC Infrastructure Fund is classified as a Equity mutual fund under SEBI's mutual fund categorisation framework.

How often is HSBC Infrastructure Fund portfolio data updated?

Portfolio holdings for HSBC Infrastructure 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 Infrastructure Fund - Direct Growth

Equity Data as of May 2026 Comparing Apr 2026 → May 2026

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Stocks Held

May 2026

Equity Holdings

₹2,361.70 Cr

Equity only, excl. debt & cash

Top 5 Weight

33.0%

Moderate

Top 10 Weight

51.2%

Moderate

Changes

0 new · 0 exits

Top Sector

Aerospace & Defense

14.6% of portfolio

📋 What Happened This Month Among existing holdings, MTAR Technologies Limited saw the biggest increase — now at 4.60% of the portfolio. Reliance Industries Limited was trimmed the most, now at 4.80%. NTPC Limited remains the top holding with Aerospace & Defense the dominant sector at 14.6%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.

How Has the NAV Performed?

1 year history · HSBC Infrastructure Fund - Direct Growth

+1.53%

+18.53%

+11.64%

+8.29%

Latest NAV

₹57.98

24 Jun 2026

52W High

₹59.17

-2% from High

52W Low

₹43.22

+34% from Low

Calendar Year Returns

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

2025

-3.4%

2024

+29.4%

2023

+52.2%

Rolling Returns

Performance across every possible investment start date.

1Y Rolling Avg

26.2%

+ve in 74% windows

80.9% / -10.6%

3Y Rolling Avg

23.3% p.a.

+ve in 100% windows

26.9% / 19.5%

Crisis Period Behaviour

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

2024–25 Tariff

-25.4%

Rec: not yet

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)

0.89

Return per unit of risk. >1 is good.

Sortino Ratio (3Y)

1.20

Penalises downside volatility only.

Std Deviation (3Y)

18.9%

Lower = more consistent returns.

NAV Chart ₹57.98 24 Jun 2026

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

HSBC Infrastructure Fund - Direct Growth

Chart shows indexed performance (base = 100). Actual NAV: ₹57.98

Sector Shift Industry allocation month-over-month

Mar 2026 → Apr 2026

Sector	Prev	Curr ▼	Delta
Aerospace & Defense	13.3%	14.3%	▲ +1.0%
Electrical Equipment	11.4%	12.7%	▲ +1.3%
Construction	11.1%	11.4%	▲ +0.3%
Industrial Products	10.3%	10.7%	▲ +0.5%
Power	10.7%	9.9%	▼ -0.8%
Telecom - Services	6.7%	6.1%	▼ -0.7%
Petroleum Products	6.6%	6.0%	▼ -0.6%
Industrial Manufacturing	4.2%	4.7%	▲ +0.5%
Cement & Cement Products	4.1%	3.8%	▼ -0.3%
Consumer Durables	3.2%	3.3%	● +0.0%

Apr 2026 → May 2026

Sector	Prev	Curr ▼	Delta
Aerospace & Defense	14.3%	14.6%	▲ +0.3%
Electrical Equipment	12.7%	13.7%	▲ +1.1%
Industrial Products	10.7%	11.9%	▲ +1.2%
Construction	11.4%	11.1%	▼ -0.4%
Power	9.9%	9.6%	▼ -0.3%
Telecom - Services	6.1%	5.8%	▼ -0.3%
Industrial Manufacturing	4.7%	4.9%	▲ +0.2%
Petroleum Products	6.0%	4.8%	▼ -1.2%
Cement & Cement Products	3.8%	3.7%	● -0.1%
Non - Ferrous Metals	3.0%	3.2%	▲ +0.2%

↑

Biggest Add

MTAR Technologies Limited

+0.78% · now 4.60%

↓

Biggest Trim

Reliance Industries Limited

-1.17% · now 4.80%

What Changed in the Portfolio This Month?

Comparing Apr 2026 → May 2026

Apr 2026 → May 2026

↑ 22 Increased ↓ 28 Decreased

#	Stock	Sector	Apr 2026	May 2026	Change
1	MTAR Technologies Limited ₹112.36 Cr	Aerospace & Defense	3.82%	4.60%	+0.78%
2	GE Vernova T&D India Limited ₹84.44 Cr	Electrical Equipment	3.04%	3.46%	+0.42%
3	Kirloskar Oil Engines Limited ₹71.59 Cr	Industrial Products	2.61%	2.93%	+0.32%
4	APL Apollo Tubes Limited ₹32.96 Cr	Industrial Products	1.03%	1.35%	+0.32%
5	TD Power Systems Limited ₹60.30 Cr	Electrical Equipment	2.18%	2.47%	+0.29%
6	Polycab India Limited ₹41.70 Cr	Industrial Products	1.48%	1.71%	+0.23%
7	Hindalco Industries Limited ₹79.22 Cr	Non - Ferrous Metals	3.02%	3.24%	+0.22%
8	Bharat Heavy Electricals Limited ₹34.79 Cr	Electrical Equipment	1.22%	1.43%	+0.21%
9	KEI Industries Limited ₹52.68 Cr	Industrial Products	2.01%	2.16%	+0.15%
10	Siemens Energy India Limited ₹24.16 Cr	Electrical Equipment	0.85%	0.99%	+0.14%
11	Atlanta Electricals Ltd ₹29.57 Cr	Electrical Equipment	1.09%	1.21%	+0.12%
12	Kennametal India Limited ₹41.15 Cr	Industrial Manufacturing	1.60%	1.69%	+0.09%
13	Titagarh Rail Systems Limited ₹37.85 Cr	Industrial Manufacturing	1.46%	1.55%	+0.09%
14	Bansal Wire Industries Limited ₹23.83 Cr	Industrial Products	0.92%	0.98%	+0.06%
15	Jyoti CNC Automation Ltd ₹22.43 Cr	Industrial Manufacturing	0.86%	0.92%	+0.06%
16	Cummins India Limited ₹16.17 Cr	Industrial Products	0.60%	0.66%	+0.06%
17	Shadowfax Technologies Ltd. ₹10.67 Cr	Transport Services	0.38%	0.44%	+0.06%
18	Kirloskar Pneumatic Co Ltd ₹31.05 Cr	Industrial Products	1.23%	1.27%	+0.04%
19	JSW Energy Limited ₹20.23 Cr	Power	0.79%	0.83%	+0.04%
20	Larsen & Toubro Limited ₹167.99 Cr	Construction	6.86%	6.88%	+0.02%
21	InterGlobe Aviation Limited ₹44.23 Cr	Transport Services	1.79%	1.81%	+0.02%
22	Happy Forgings Limited ₹12.37 Cr	Industrial Products	0.50%	0.51%	+0.01%

#	Stock	Sector	Apr 2026	May 2026	Change
1	Reliance Industries Limited ₹117.24 Cr	Petroleum Products	5.97%	4.80%	-1.17%
2	Aditya Birla Real Estate Limited ₹7.22 Cr	Paper, Forest & Jute Products	1.27%	0.30%	-0.97%
3	Bharat Electronics Limited ₹166.28 Cr	Aerospace & Defense	7.24%	6.81%	-0.43%
4	Dixon Technologies (India) Limited ₹24.78 Cr	Consumer Durables	1.41%	1.01%	-0.40%
5	NTPC Limited ₹213.32 Cr	Power	9.12%	8.74%	-0.38%
6	Bharti Airtel Limited ₹141.75 Cr	Telecom - Services	6.06%	5.81%	-0.25%
7	Engineers India Limited ₹39.05 Cr	Construction	1.76%	1.60%	-0.16%
8	Ajax Engineering Ltd. ₹15.67 Cr	Agricultural, Commercial & Construction Vehicles	0.79%	0.64%	-0.15%
9	KEC International Limited ₹23.76 Cr	Construction	1.11%	0.97%	-0.14%
10	Power Finance Corporation Limited ₹42.38 Cr	Finance	1.84%	1.74%	-0.10%
11	Amber Enterprises India Limited ₹38.08 Cr	Consumer Durables	1.66%	1.56%	-0.10%
12	Tata Motors Ltd ₹20.87 Cr	Agricultural, Commercial & Construction Vehicles	0.93%	0.85%	-0.08%
13	Bharat Bijlee Ltd. ₹15.20 Cr	Electrical Equipment	0.70%	0.62%	-0.08%
14	UltraTech Cement Limited ₹90.71 Cr	Cement & Cement Products	3.79%	3.72%	-0.07%
15	Oil India Limited ₹35.71 Cr	Oil	1.53%	1.46%	-0.07%
16	Hindustan Aeronautics Limited ₹77.30 Cr	Aerospace & Defense	3.23%	3.17%	-0.06%
17	Ahluwalia Contracts (India) Limited ₹8.91 Cr	Construction	0.42%	0.37%	-0.05%
18	Tata Steel Limited ₹29.12 Cr	Ferrous Metals	1.23%	1.19%	-0.04%
19	Delhivery Limited ₹18.84 Cr	Transport Services	0.81%	0.77%	-0.04%
20	Pitti Engineering Ltd ₹17.79 Cr	Industrial Manufacturing	0.77%	0.73%	-0.04%
21	PNC Infratech Limited ₹12.88 Cr	Construction	0.56%	0.53%	-0.03%
22	ABB India Limited ₹49.36 Cr	Electrical Equipment	2.04%	2.02%	-0.02%
23	Ashok Leyland Limited ₹8.70 Cr	Agricultural, Commercial & Construction Vehicles	0.38%	0.36%	-0.02%
24	Hi-Tech Pipes Limited ₹7.46 Cr	Industrial Products	0.33%	0.31%	-0.02%
25	PG Electroplast Limited ₹4.68 Cr	Consumer Durables	0.21%	0.19%	-0.02%
26	Siemens Limited ₹37.67 Cr	Electrical Equipment	1.55%	1.54%	-0.01%
27	DLF Limited ₹7.68 Cr	Realty	0.32%	0.31%	-0.01%
28	GK Energy Ltd ₹4.71 Cr	Construction	0.20%	0.19%	-0.01%

What Stocks Does This Fund Hold?

52 stocks — May 2026

#	Stock	Sector	Weight & Value
1	NTPC Limited ₹213.32 Cr	Power	8.74%
2	Larsen & Toubro Limited ₹167.99 Cr	Construction	6.88%
3	Bharat Electronics Limited ₹166.28 Cr	Aerospace & Defense	6.81%
4	Bharti Airtel Limited ₹141.75 Cr	Telecom - Services	5.81%
5	Reliance Industries Limited ₹117.24 Cr	Petroleum Products	4.80%
6	MTAR Technologies Limited ₹112.36 Cr	Aerospace & Defense	4.60%
7	UltraTech Cement Limited ₹90.71 Cr	Cement & Cement Products	3.72%
8	GE Vernova T&D India Limited ₹84.44 Cr	Electrical Equipment	3.46%
9	Hindalco Industries Limited ₹79.22 Cr	Non - Ferrous Metals	3.24%
10	Hindustan Aeronautics Limited ₹77.30 Cr	Aerospace & Defense	3.17%
11	Kirloskar Oil Engines Limited ₹71.59 Cr	Industrial Products	2.93%
12	TD Power Systems Limited ₹60.30 Cr	Electrical Equipment	2.47%
13	KEI Industries Limited ₹52.68 Cr	Industrial Products	2.16%
14	ABB India Limited ₹49.36 Cr	Electrical Equipment	2.02%
15	InterGlobe Aviation Limited ₹44.23 Cr	Transport Services	1.81%
16	Power Finance Corporation Limited ₹42.38 Cr	Finance	1.74%
17	Polycab India Limited ₹41.70 Cr	Industrial Products	1.71%
18	Kennametal India Limited ₹41.15 Cr	Industrial Manufacturing	1.69%
19	Engineers India Limited ₹39.05 Cr	Construction	1.60%
20	Amber Enterprises India Limited ₹38.08 Cr	Consumer Durables	1.56%
21	Titagarh Rail Systems Limited ₹37.85 Cr	Industrial Manufacturing	1.55%
22	Siemens Limited ₹37.67 Cr	Electrical Equipment	1.54%
23	Oil India Limited ₹35.71 Cr	Oil	1.46%
24	Bharat Heavy Electricals Limited ₹34.79 Cr	Electrical Equipment	1.43%
25	APL Apollo Tubes Limited ₹32.96 Cr	Industrial Products	1.35%
26	Kirloskar Pneumatic Co Ltd ₹31.05 Cr	Industrial Products	1.27%
27	Atlanta Electricals Ltd ₹29.57 Cr	Electrical Equipment	1.21%
28	Tata Steel Limited ₹29.12 Cr	Ferrous Metals	1.19%
29	Dixon Technologies (India) Limited ₹24.78 Cr	Consumer Durables	1.01%
30	Siemens Energy India Limited ₹24.16 Cr	Electrical Equipment	0.99%
31	Bansal Wire Industries Limited ₹23.83 Cr	Industrial Products	0.98%
32	KEC International Limited ₹23.76 Cr	Construction	0.97%
33	Jyoti CNC Automation Ltd ₹22.43 Cr	Industrial Manufacturing	0.92%
34	Tata Motors Ltd ₹20.87 Cr	Agricultural, Commercial & Construction Vehicles	0.85%
35	JSW Energy Limited ₹20.23 Cr	Power	0.83%
36	The Phoenix Mills Limited ₹20.16 Cr	Realty	0.83%
37	Delhivery Limited ₹18.84 Cr	Transport Services	0.77%
38	Pitti Engineering Ltd ₹17.79 Cr	Industrial Manufacturing	0.73%
39	Cummins India Limited ₹16.17 Cr	Industrial Products	0.66%
40	Ajax Engineering Ltd. ₹15.67 Cr	Agricultural, Commercial & Construction Vehicles	0.64%
41	Bharat Bijlee Ltd. ₹15.20 Cr	Electrical Equipment	0.62%
42	PNC Infratech Limited ₹12.88 Cr	Construction	0.53%
43	Power Mech Projects Limited ₹12.69 Cr	Construction	0.52%
44	Happy Forgings Limited ₹12.37 Cr	Industrial Products	0.51%
45	Shadowfax Technologies Ltd. ₹10.67 Cr	Transport Services	0.44%
46	Ahluwalia Contracts (India) Limited ₹8.91 Cr	Construction	0.37%
47	Ashok Leyland Limited ₹8.70 Cr	Agricultural, Commercial & Construction Vehicles	0.36%
48	DLF Limited ₹7.68 Cr	Realty	0.31%
49	Hi-Tech Pipes Limited ₹7.46 Cr	Industrial Products	0.31%
50	Aditya Birla Real Estate Limited ₹7.22 Cr	Paper, Forest & Jute Products	0.30%
51	GK Energy Ltd ₹4.71 Cr	Construction	0.19%
52	PG Electroplast Limited ₹4.68 Cr	Consumer Durables	0.19%