What stocks does HSBC Large & Mid Cap Fund hold?

HSBC Large & Mid 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 Large & Mid Cap Fund?

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

What category is HSBC Large & Mid Cap Fund?

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

How often is HSBC Large & Mid Cap Fund portfolio data updated?

Portfolio holdings for HSBC Large & Mid 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 Large & Mid Cap Fund - Direct Growth

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

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Stocks Held

May 2026

Equity Holdings

₹5,025.14 Cr

Equity only, excl. debt & cash

Top 5 Weight

20.7%

Diversified

Top 10 Weight

37.6%

Diversified

Changes

2 new · 7 exits

Top Sector

Electrical Equipment

18.4% of portfolio

📋 What Happened This Month HSBC Large & Mid Cap Fund made 2 new additions and exited 7 stocks this month. The biggest new buy was VIP Industries Limited (Consumer Durables) at 0.68% weight. Oil India Limited was the biggest exit (Oil), which was held at 0.86%. Among existing holdings, Sun Pharmaceutical Industries Limited saw the biggest increase — now at 1.64% of the portfolio. Shriram Finance Limited was trimmed the most, now at 0.01%. ICICI Bank Limited remains the top holding with Electrical Equipment the dominant sector at 18.4%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.

How Has the NAV Performed?

1 year history · HSBC Large & Mid Cap Fund - Direct Growth

+1.91%

+17.30%

+7.97%

+11.29%

Latest NAV

₹32.35

24 Jun 2026

52W High

₹32.74

-1% from High

52W Low

₹23.94

+35% from Low

Calendar Year Returns

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

2025

-2.5%

2024

+40.0%

2023

+31.7%

2022

-2.2%

2021

+37.4%

2020

+17.2%

Rolling Returns

Performance across every possible investment start date.

1Y Rolling Avg

22.1%

+ve in 83% windows

86.6% / -18.9%

3Y Rolling Avg

21.5% p.a.

+ve in 100% windows

32.7% / 11.6%

5Y Rolling Avg

22.8% p.a.

+ve in 100% windows

30.6% / 14.3%

Crisis Period Behaviour

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

2024–25 Tariff

-25.1%

Rec: Jun 2026 (1yr 11mo)

COVID-19 Crash

-36.1%

Rec: Nov 2020 (11 mo)

2022 Rate Hike

-21.1%

Rec: May 2023 (1yr 5mo)

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)

0.92

Return per unit of risk. >1 is good.

Sortino Ratio (3Y)

1.24

Penalises downside volatility only.

Std Deviation (3Y)

17.3%

Lower = more consistent returns.

NAV Chart ₹32.35 24 Jun 2026

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

HSBC Large & Mid Cap Fund - Direct Growth

Chart shows indexed performance (base = 100). Actual NAV: ₹32.35

Sector Shift Industry allocation month-over-month

Mar 2026 → Apr 2026

Sector	Prev	Curr ▼	Delta
Electrical Equipment	9.7%	16.2%	▲ +6.5%
Banks	13.3%	14.8%	▲ +1.5%
Capital Markets	10.5%	13.0%	▲ +2.5%
Retailing	7.6%	6.8%	▼ -0.8%
Finance	4.3%	4.4%	▲ +0.1%
Automobiles	2.9%	4.3%	▲ +1.4%
Oil	4.5%	4.1%	▼ -0.4%
Aerospace & Defense	3.8%	4.0%	▲ +0.2%
Industrial Manufacturing	3.5%	4.0%	▲ +0.5%
Ferrous Metals	3.5%	3.7%	▲ +0.2%

Apr 2026 → May 2026

Sector	Prev	Curr ▼	Delta
Electrical Equipment	16.2%	18.4%	▲ +2.2%
Banks	14.8%	15.2%	▲ +0.5%
Capital Markets	13.0%	12.5%	▼ -0.5%
Retailing	6.8%	7.4%	▲ +0.6%
Automobiles	4.3%	4.8%	▲ +0.6%
Industrial Manufacturing	4.0%	4.5%	▲ +0.4%
Ferrous Metals	3.7%	4.1%	▲ +0.3%
Pharmaceuticals & Biotechnology	2.7%	3.8%	▲ +1.1%
Aerospace & Defense	4.0%	3.7%	▼ -0.4%
Non - Ferrous Metals	3.4%	3.6%	▲ +0.1%

🟢

Biggest New Buy

VIP Industries Limited

0.68% weight · Consumer Durables

🔴

Biggest Exit

Oil India Limited

0.86% was held · Oil

↑

Biggest Add

Sun Pharmaceutical Industries Limited

+1.55% · now 1.64%

↓

Biggest Trim

Shriram Finance Limited

-1.86% · now 0.01%

🤝 Other funds also bought this month

Power Grid Corporation of India Limited 18 funds

VIP Industries Limited 1 fund

👋 Other funds also exited

Kotak Mahindra Bank Limited 26 funds

Maruti Suzuki India Limited 23 funds

Oil India Limited 11 funds

HDFC Asset Management Company Limited 8 funds

Jyoti CNC Automation Ltd 7 funds

Anthem Biosciences Limited 3 funds

What Changed in the Portfolio This Month?

Comparing Apr 2026 → May 2026

Apr 2026 → May 2026

🟢 2 New Entries 🔴 7 Exits ↑ 27 Increased ↓ 31 Decreased

#	Stock	Sector	Weight (May 2026)
1	VIP Industries Limited ₹34.74 Cr	Consumer Durables	0.68%
2	Power Grid Corporation of India Limited ₹23.81 Cr	Power	0.47%

#	Stock	Sector	Last Weight (Apr 2026)
1	Oil India Limited ₹42.08 Cr	Oil	0.86%
2	eClerx Services Limited ₹10.02 Cr	Commercial Services & Supplies	0.21%
3	Anthem Biosciences Limited ₹5.69 Cr	Pharmaceuticals & Biotechnology	0.12%
4	Maruti Suzuki India Limited ₹55.65 L	Automobiles	0.01%
5	Jyoti CNC Automation Ltd ₹39.00 L	Industrial Manufacturing	0.01%
6	HDFC Asset Management Company Limited ₹31.47 L	Capital Markets	0.01%
7	Kotak Mahindra Bank Limited ₹13.47 L	Banks	0.00%

#	Stock	Sector	Apr 2026	May 2026	Change
1	Sun Pharmaceutical Industries Limited ₹83.98 Cr	Pharmaceuticals & Biotechnology	0.09%	1.64%	+1.55%
2	Bharat Heavy Electricals Limited ₹150.55 Cr	Electrical Equipment	1.68%	2.95%	+1.27%
3	Lenskart Solutions Limited ₹181.47 Cr	Retailing	2.70%	3.55%	+0.85%
4	HDFC Bank Limited ₹83.42 Cr	Banks	0.80%	1.63%	+0.83%
5	JSW Energy Limited ₹60.26 Cr	Power	0.48%	1.18%	+0.70%
6	PB Fintech Limited ₹159.46 Cr	Financial Technology (Fintech)	2.49%	3.12%	+0.63%
7	Triveni Turbine Limited ₹81.95 Cr	Electrical Equipment	1.06%	1.60%	+0.54%
8	ABB India Limited ₹119.47 Cr	Electrical Equipment	1.88%	2.34%	+0.46%
9	Titagarh Rail Systems Limited ₹49.40 Cr	Industrial Manufacturing	0.53%	0.97%	+0.44%
10	Tata Consumer Products Limited ₹119.28 Cr	Agricultural Food & other Products	1.91%	2.33%	+0.42%
11	State Bank of India ₹40.42 Cr	Banks	0.38%	0.79%	+0.41%
12	Thermax Limited ₹61.53 Cr	Electrical Equipment	0.80%	1.20%	+0.40%
13	TVS Motor Company Limited ₹79.39 Cr	Automobiles	1.17%	1.55%	+0.38%
14	Avalon Technologies Limited ₹68.27 Cr	Electrical Equipment	0.97%	1.34%	+0.37%
15	Thyrocare Technologies Limited ₹87.97 Cr	Healthcare Services	1.43%	1.72%	+0.29%
16	JSW Steel Limited ₹95.95 Cr	Ferrous Metals	1.65%	1.88%	+0.23%
17	Mahindra & Mahindra Limited ₹59.78 Cr	Automobiles	0.95%	1.17%	+0.22%
18	Tata Steel Limited ₹71.74 Cr	Ferrous Metals	1.26%	1.40%	+0.14%
19	Hindalco Industries Limited ₹181.26 Cr	Non - Ferrous Metals	3.42%	3.55%	+0.13%
20	Lupin Limited ₹107.62 Cr	Pharmaceuticals & Biotechnology	1.99%	2.11%	+0.12%
21	GE Vernova T&D India Limited ₹183.93 Cr	Electrical Equipment	3.51%	3.60%	+0.09%
22	ICICI Prudential Asset Management Company Limited ₹133.84 Cr	Capital Markets	2.55%	2.62%	+0.07%
23	Nippon Life India Asset Management Limited ₹80.62 Cr	Capital Markets	1.52%	1.58%	+0.06%
24	Atlanta Electricals Ltd ₹40.75 Cr	Electrical Equipment	0.74%	0.80%	+0.06%
25	Aditya Infotech Limited ₹178.31 Cr	Industrial Manufacturing	3.48%	3.49%	+0.01%
26	Cummins India Limited ₹5.88 Cr	Industrial Products	0.11%	0.12%	+0.01%
27	Siemens Energy India Limited ₹81.31 L	Electrical Equipment	0.01%	0.02%	+0.01%

#	Stock	Sector	Apr 2026	May 2026	Change
1	Shriram Finance Limited ₹28.94 L	Finance	1.87%	0.01%	-1.86%
2	Tata Power Company Limited ₹1.18 Cr	Power	1.68%	0.02%	-1.66%
3	Kirloskar Oil Engines Limited ₹27.17 L	Industrial Products	0.99%	0.01%	-0.98%
4	Oil & Natural Gas Corporation Limited ₹116.94 Cr	Oil	3.25%	2.29%	-0.96%
5	NTPC Green Energy Limited ₹5.69 L	Power	0.84%	0.00%	-0.84%
6	TD Power Systems Limited ₹77.24 Cr	Electrical Equipment	2.33%	1.51%	-0.82%
7	Mankind Pharma Limited ₹1.11 Cr	Pharmaceuticals & Biotechnology	0.48%	0.02%	-0.46%
8	Bharat Electronics Limited ₹187.01 Cr	Aerospace & Defense	4.03%	3.66%	-0.37%
9	ICICI Bank Limited ₹287.67 Cr	Banks	5.93%	5.63%	-0.30%
10	BSE Limited ₹163.04 Cr	Capital Markets	3.47%	3.19%	-0.28%
11	Bharti Airtel Limited ₹8.11 Cr	Telecom - Services	0.42%	0.16%	-0.26%
12	Billionbrains Garage Ventures Ltd ₹201.20 Cr	Capital Markets	4.19%	3.94%	-0.25%
13	Polycab India Limited ₹88.77 Cr	Industrial Products	1.98%	1.74%	-0.24%
14	Aditya Birla Capital Limited ₹1.58 Cr	Finance	0.26%	0.03%	-0.23%
15	FSN E-Commerce Ventures Limited ₹195.92 Cr	Retailing	4.05%	3.83%	-0.22%
16	Hitachi Energy India Limited ₹150.07 Cr	Electrical Equipment	3.16%	2.94%	-0.22%
17	Piramal Finance Ltd ₹105.40 Cr	Finance	2.24%	2.06%	-0.18%
18	City Union Bank Limited ₹84.68 Cr	Banks	1.84%	1.66%	-0.18%
19	Indian Bank ₹119.92 Cr	Banks	2.51%	2.35%	-0.16%
20	The Federal Bank Limited ₹151.13 Cr	Banks	3.08%	2.96%	-0.12%
21	Syngene International Limited ₹43.70 Cr	Healthcare Services	0.95%	0.86%	-0.09%
22	Multi Commodity Exchange of India Limited ₹52.96 Cr	Capital Markets	1.09%	1.04%	-0.05%
23	Reliance Industries Limited ₹20.25 Cr	Petroleum Products	0.45%	0.40%	-0.05%
24	Schaeffler India Limited ₹43.80 Cr	Auto Components	0.90%	0.86%	-0.04%
25	Jindal Steel Limited ₹39.11 Cr	Ferrous Metals	0.81%	0.77%	-0.04%
26	Ather Energy Limited ₹106.36 Cr	Automobiles	2.11%	2.08%	-0.03%
27	Godfrey Phillips India Limited ₹51.99 Cr	Cigarettes & Tobacco Products	1.05%	1.02%	-0.03%
28	Radico Khaitan Limited ₹50.68 Cr	Beverages	1.01%	0.99%	-0.02%
29	Prudent Corporate Advisory Services Limited ₹8.05 Cr	Capital Markets	0.17%	0.16%	-0.01%
30	Tata Motors Ltd ₹2.25 Cr	Agricultural, Commercial & Construction Vehicles	0.05%	0.04%	-0.01%
31	Cholamandalam Investment and Finance Company Ltd ₹1.78 Cr	Finance	0.04%	0.03%	-0.01%

What Stocks Does This Fund Hold?

75 stocks — May 2026

#	Stock	Sector	Weight & Value
1	ICICI Bank Limited ₹287.67 Cr	Banks	5.63%
2	Billionbrains Garage Ventures Ltd ₹201.20 Cr	Capital Markets	3.94%
3	FSN E-Commerce Ventures Limited ₹195.92 Cr	Retailing	3.83%
4	Bharat Electronics Limited ₹187.01 Cr	Aerospace & Defense	3.66%
5	GE Vernova T&D India Limited ₹183.93 Cr	Electrical Equipment	3.60%
6	Lenskart Solutions Limited ₹181.47 Cr	Retailing	3.55%
7	Hindalco Industries Limited ₹181.26 Cr	Non - Ferrous Metals	3.55%
8	Aditya Infotech Limited ₹178.31 Cr	Industrial Manufacturing	3.49%
9	BSE Limited ₹163.04 Cr	Capital Markets	3.19%
10	PB Fintech Limited ₹159.46 Cr	Financial Technology (Fintech)	3.12%
11	The Federal Bank Limited ₹151.13 Cr	Banks	2.96%
12	Bharat Heavy Electricals Limited ₹150.55 Cr	Electrical Equipment	2.95%
13	Hitachi Energy India Limited ₹150.07 Cr	Electrical Equipment	2.94%
14	ICICI Prudential Asset Management Company Limited ₹133.84 Cr	Capital Markets	2.62%
15	Indian Bank ₹119.92 Cr	Banks	2.35%
16	ABB India Limited ₹119.47 Cr	Electrical Equipment	2.34%
17	Tata Consumer Products Limited ₹119.28 Cr	Agricultural Food & other Products	2.33%
18	Oil & Natural Gas Corporation Limited ₹116.94 Cr	Oil	2.29%
19	Lupin Limited ₹107.62 Cr	Pharmaceuticals & Biotechnology	2.11%
20	Ather Energy Limited ₹106.36 Cr	Automobiles	2.08%
21	Piramal Finance Ltd ₹105.40 Cr	Finance	2.06%
22	JSW Steel Limited ₹95.95 Cr	Ferrous Metals	1.88%
23	Polycab India Limited ₹88.77 Cr	Industrial Products	1.74%
24	Thyrocare Technologies Limited ₹87.97 Cr	Healthcare Services	1.72%
25	City Union Bank Limited ₹84.68 Cr	Banks	1.66%
26	Sun Pharmaceutical Industries Limited ₹83.98 Cr	Pharmaceuticals & Biotechnology	1.64%
27	HDFC Bank Limited ₹83.42 Cr	Banks	1.63%
28	Triveni Turbine Limited ₹81.95 Cr	Electrical Equipment	1.60%
29	Nippon Life India Asset Management Limited ₹80.62 Cr	Capital Markets	1.58%
30	TVS Motor Company Limited ₹79.39 Cr	Automobiles	1.55%
31	TD Power Systems Limited ₹77.24 Cr	Electrical Equipment	1.51%
32	Tata Steel Limited ₹71.74 Cr	Ferrous Metals	1.40%
33	Avalon Technologies Limited ₹68.27 Cr	Electrical Equipment	1.34%
34	Thermax Limited ₹61.53 Cr	Electrical Equipment	1.20%
35	JSW Energy Limited ₹60.26 Cr	Power	1.18%
36	Mahindra & Mahindra Limited ₹59.78 Cr	Automobiles	1.17%
37	Multi Commodity Exchange of India Limited ₹52.96 Cr	Capital Markets	1.04%
38	Godfrey Phillips India Limited ₹51.99 Cr	Cigarettes & Tobacco Products	1.02%
39	Radico Khaitan Limited ₹50.68 Cr	Beverages	0.99%
40	Titagarh Rail Systems Limited ₹49.40 Cr	Industrial Manufacturing	0.97%
41	Schaeffler India Limited ₹43.80 Cr	Auto Components	0.86%
42	Syngene International Limited ₹43.70 Cr	Healthcare Services	0.86%
43	Atlanta Electricals Ltd ₹40.75 Cr	Electrical Equipment	0.80%
44	State Bank of India ₹40.42 Cr	Banks	0.79%
45	Jindal Steel Limited ₹39.11 Cr	Ferrous Metals	0.77%
46	VIP Industries Limited ₹34.74 Cr	Consumer Durables	0.68%
47	Power Grid Corporation of India Limited ₹23.81 Cr	Power	0.47%
48	Reliance Industries Limited ₹20.25 Cr	Petroleum Products	0.40%
49	Axis Bank Limited ₹11.11 Cr	Banks	0.22%
50	Larsen & Toubro Limited ₹10.15 Cr	Construction	0.20%
51	Bharti Airtel Limited ₹8.11 Cr	Telecom - Services	0.16%
52	Prudent Corporate Advisory Services Limited ₹8.05 Cr	Capital Markets	0.16%
53	Cummins India Limited ₹5.88 Cr	Industrial Products	0.12%
54	Safari Industries India Ltd ₹2.78 Cr	Consumer Durables	0.05%
55	UltraTech Cement Limited ₹2.56 Cr	Cement & Cement Products	0.05%
56	Tech Mahindra Limited ₹1.86 Cr	IT - Software	0.04%
57	Tata Motors Ltd ₹2.25 Cr	Agricultural, Commercial & Construction Vehicles	0.04%
58	Cholamandalam Investment and Finance Company Ltd ₹1.78 Cr	Finance	0.03%
59	CG Power and Industrial Solutions Limited ₹1.71 Cr	Electrical Equipment	0.03%
60	Sai Life Sciences Limited ₹1.71 Cr	Pharmaceuticals & Biotechnology	0.03%
61	Aditya Birla Capital Limited ₹1.58 Cr	Finance	0.03%
62	Siemens Energy India Limited ₹81.31 L	Electrical Equipment	0.02%
63	Siemens Limited ₹80.72 L	Electrical Equipment	0.02%
64	Infosys Limited ₹1.10 Cr	IT - Software	0.02%
65	Mankind Pharma Limited ₹1.11 Cr	Pharmaceuticals & Biotechnology	0.02%
66	NTPC Limited ₹1.17 Cr	Power	0.02%
67	Tata Power Company Limited ₹1.18 Cr	Power	0.02%
68	Eicher Motors Limited ₹54.90 L	Automobiles	0.01%
69	Titan Company Limited ₹45.72 L	Consumer Durables	0.01%
70	Dixon Technologies (India) Limited ₹43.33 L	Consumer Durables	0.01%
71	Eternal Limited ₹30.15 L	Retailing	0.01%
72	Shriram Finance Limited ₹28.94 L	Finance	0.01%
73	Kirloskar Oil Engines Limited ₹27.17 L	Industrial Products	0.01%
74	NTPC Green Energy Limited ₹5.69 L	Power	0.00%
75	Persistent Systems Limited ₹3.22 L	IT - Software	0.00%