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 Apr 2026 Comparing Mar 2026 → Apr 2026

Share: WhatsApp X

Stocks Held

Apr 2026

Equity Holdings

₹4,818.37 Cr

Equity only, excl. debt & cash

Top 5 Weight

21.7%

Diversified

Top 10 Weight

38.5%

Diversified

Changes

10 new · 12 exits

Top Sector

Electrical Equipment

16.2% of portfolio

📋 What Happened This Month HSBC Large & Mid Cap Fund made 10 new additions and exited 12 stocks this month. The biggest new buy was Ather Energy Limited (Automobiles) at 2.11% weight. RBL Bank Limited was the biggest exit (Banks), which was held at 1.07%. Among existing holdings, ICICI Bank Limited saw the biggest increase — now at 5.93% of the portfolio. Reliance Industries Limited was trimmed the most, now at 0.45%. ICICI Bank Limited remains the top holding with Electrical Equipment the dominant sector at 16.2%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.

NAV Performance

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

+2.44%

+9.25%

+6.76%

+11.61%

Latest NAV

₹31.85

04 Jun 2026

52W High

₹31.95

-0% from High

52W Low

₹23.94

+33% 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

22.2%

+ve in 83% windows

86.6% / -18.9%

3Y Rolling Avg

21.4% p.a.

+ve in 100% windows

32.7% / 11.6%

5Y Rolling Avg

22.9% 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: not yet

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)

0.93

Return per unit of risk. >1 is good.

Sortino Ratio (3Y)

1.25

Penalises downside volatility only.

Std Deviation (3Y)

17.2%

Lower = more consistent returns.

NAV Chart ₹31.85 04 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: ₹31.85

Sector Shift Industry allocation month-over-month

Earlier shift unavailable

Needs 3 months of holdings data.

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%

🟢

Biggest New Buy

Ather Energy Limited

2.11% weight · Automobiles

🔴

Biggest Exit

RBL Bank Limited

1.07% was held · Banks

↑

Biggest Add

ICICI Bank Limited

+2.56% · now 5.93%

↓

Biggest Trim

Reliance Industries Limited

-5.02% · now 0.45%

🤝 Other funds also bought this month

Bharat Heavy Electricals Limited 33 funds

Radico Khaitan Limited 30 funds

Tata Consumer Products Limited 30 funds

JSW Energy Limited 28 funds

Ather Energy Limited 24 funds

Triveni Turbine Limited 20 funds

👋 Other funds also exited

HCL Technologies Limited 40 funds

Bajaj Finance Limited 24 funds

Max Financial Services Limited 22 funds

Blue Star Limited 16 funds

KEI Industries Limited 15 funds

Varun Beverages Limited 13 funds

What Changed?

Comparing Mar 2026 → Apr 2026

Mar 2026 → Apr 2026

🟢 10 New Entries 🔴 12 Exits ↑ 24 Increased ↓ 37 Decreased

#	Stock	Sector	Weight (Apr 2026)
1	Ather Energy Limited ₹103.13 Cr	Automobiles	2.11%
2	Tata Consumer Products Limited ₹93.27 Cr	Agricultural Food & other Products	1.91%
3	Bharat Heavy Electricals Limited ₹81.99 Cr	Electrical Equipment	1.68%
4	Triveni Turbine Limited ₹51.82 Cr	Electrical Equipment	1.06%
5	Radico Khaitan Limited ₹49.30 Cr	Beverages	1.01%
6	Syngene International Limited ₹46.24 Cr	Healthcare Services	0.95%
7	Thermax Limited ₹39.24 Cr	Electrical Equipment	0.80%
8	Atlanta Electricals Ltd ₹36.20 Cr	Electrical Equipment	0.74%
9	Titagarh Rail Systems Limited ₹25.95 Cr	Industrial Manufacturing	0.53%
10	JSW Energy Limited ₹23.65 Cr	Power	0.48%

#	Stock	Sector	Last Weight (Mar 2026)
1	RBL Bank Limited ₹45.26 Cr	Banks	1.07%
2	ZF Commercial Vehicle Control Systems India Limited ₹21.20 Cr	Auto Components	0.50%
3	Bharti Hexacom Limited ₹12.34 Cr	Telecom - Services	0.29%
4	Ashok Leyland Limited ₹5.81 Cr	Agricultural, Commercial & Construction Vehicles	0.14%
5	HCL Technologies Limited ₹4.68 Cr	IT - Software	0.11%
6	Varun Beverages Limited ₹1.46 Cr	Beverages	0.03%
7	Max Financial Services Limited ₹1.23 Cr	Insurance	0.03%
8	Kaynes Technology India Limited ₹94.49 L	Industrial Manufacturing	0.02%
9	KEI Industries Limited ₹45.39 L	Industrial Products	0.01%
10	Gabriel India Limited ₹42.33 L	Auto Components	0.01%
11	Bajaj Finance Limited ₹35.60 L	Finance	0.01%
12	Blue Star Limited ₹33.82 L	Consumer Durables	0.01%

#	Stock	Sector	Mar 2026	Apr 2026	Change
1	ICICI Bank Limited ₹289.28 Cr	Banks	3.37%	5.93%	+2.56%
2	ABB India Limited ₹91.94 Cr	Electrical Equipment	0.46%	1.88%	+1.42%
3	Hindalco Industries Limited ₹166.99 Cr	Non - Ferrous Metals	2.17%	3.42%	+1.25%
4	Billionbrains Garage Ventures Ltd ₹204.43 Cr	Capital Markets	3.05%	4.19%	+1.14%
5	BSE Limited ₹169.35 Cr	Capital Markets	2.50%	3.47%	+0.97%
6	TD Power Systems Limited ₹113.69 Cr	Electrical Equipment	1.64%	2.33%	+0.69%
7	TVS Motor Company Limited ₹57.29 Cr	Automobiles	0.63%	1.17%	+0.54%
8	Hitachi Energy India Limited ₹154.11 Cr	Electrical Equipment	2.63%	3.16%	+0.53%
9	Piramal Finance Ltd ₹109.32 Cr	Finance	1.84%	2.24%	+0.40%
10	Jindal Steel Limited ₹39.62 Cr	Ferrous Metals	0.51%	0.81%	+0.30%
11	Nippon Life India Asset Management Limited ₹74.01 Cr	Capital Markets	1.24%	1.52%	+0.28%
12	Indian Bank ₹122.63 Cr	Banks	2.26%	2.51%	+0.25%
13	Avalon Technologies Limited ₹47.47 Cr	Electrical Equipment	0.76%	0.97%	+0.21%
14	Bharat Electronics Limited ₹196.37 Cr	Aerospace & Defense	3.83%	4.03%	+0.20%
15	Shriram Finance Limited ₹91.01 Cr	Finance	1.69%	1.87%	+0.18%
16	Kirloskar Oil Engines Limited ₹48.20 Cr	Industrial Products	0.89%	0.99%	+0.10%
17	Multi Commodity Exchange of India Limited ₹53.26 Cr	Capital Markets	1.01%	1.09%	+0.08%
18	ICICI Prudential Asset Management Company Limited ₹124.45 Cr	Capital Markets	2.50%	2.55%	+0.05%
19	PB Fintech Limited ₹121.37 Cr	Financial Technology (Fintech)	2.45%	2.49%	+0.04%
20	Godfrey Phillips India Limited ₹51.27 Cr	Cigarettes & Tobacco Products	1.01%	1.05%	+0.04%
21	NTPC Green Energy Limited ₹41.03 Cr	Power	0.81%	0.84%	+0.03%
22	Aditya Infotech Limited ₹169.82 Cr	Industrial Manufacturing	3.46%	3.48%	+0.02%
23	Prudent Corporate Advisory Services Limited ₹8.37 Cr	Capital Markets	0.15%	0.17%	+0.02%
24	Siemens Limited ₹79.97 L	Electrical Equipment	0.01%	0.02%	+0.01%

#	Stock	Sector	Mar 2026	Apr 2026	Change
1	Reliance Industries Limited ₹21.92 Cr	Petroleum Products	5.47%	0.45%	-5.02%
2	Bharti Airtel Limited ₹20.71 Cr	Telecom - Services	3.37%	0.42%	-2.95%
3	NTPC Limited ₹1.21 Cr	Power	1.53%	0.02%	-1.51%
4	Cummins India Limited ₹5.27 Cr	Industrial Products	1.56%	0.11%	-1.45%
5	Safari Industries India Ltd ₹2.61 Cr	Consumer Durables	0.95%	0.05%	-0.90%
6	Mahindra & Mahindra Limited ₹46.42 Cr	Automobiles	1.59%	0.95%	-0.64%
7	Polycab India Limited ₹96.64 Cr	Industrial Products	2.59%	1.98%	-0.61%
8	eClerx Services Limited ₹10.02 Cr	Commercial Services & Supplies	0.82%	0.21%	-0.61%
9	Eicher Motors Limited ₹54.38 L	Automobiles	0.62%	0.01%	-0.61%
10	Anthem Biosciences Limited ₹5.69 Cr	Pharmaceuticals & Biotechnology	0.69%	0.12%	-0.57%
11	Tata Power Company Limited ₹81.99 Cr	Power	2.14%	1.68%	-0.46%
12	Aditya Birla Capital Limited ₹12.89 Cr	Finance	0.71%	0.26%	-0.45%
13	CG Power and Industrial Solutions Limited ₹1.52 Cr	Electrical Equipment	0.45%	0.03%	-0.42%
14	Eternal Limited ₹29.73 L	Retailing	0.40%	0.01%	-0.39%
15	Lenskart Solutions Limited ₹131.91 Cr	Retailing	3.01%	2.70%	-0.31%
16	Lupin Limited ₹97.15 Cr	Pharmaceuticals & Biotechnology	2.30%	1.99%	-0.31%
17	Oil & Natural Gas Corporation Limited ₹158.54 Cr	Oil	3.55%	3.25%	-0.30%
18	Persistent Systems Limited ₹2.98 L	IT - Software	0.28%	0.00%	-0.28%
19	GE Vernova T&D India Limited ₹171.36 Cr	Electrical Equipment	3.77%	3.51%	-0.26%
20	Dixon Technologies (India) Limited ₹41.99 L	Consumer Durables	0.24%	0.01%	-0.23%
21	Titan Company Limited ₹49.20 L	Consumer Durables	0.18%	0.01%	-0.17%
22	The Federal Bank Limited ₹150.08 Cr	Banks	3.20%	3.08%	-0.12%
23	Oil India Limited ₹42.08 Cr	Oil	0.96%	0.86%	-0.10%
24	FSN E-Commerce Ventures Limited ₹197.76 Cr	Retailing	4.14%	4.05%	-0.09%
25	HDFC Bank Limited ₹39.03 Cr	Banks	0.87%	0.80%	-0.07%
26	Schaeffler India Limited ₹43.76 Cr	Auto Components	0.96%	0.90%	-0.06%
27	Tata Steel Limited ₹61.22 Cr	Ferrous Metals	1.31%	1.26%	-0.05%
28	City Union Bank Limited ₹89.53 Cr	Banks	1.88%	1.84%	-0.04%
29	JSW Steel Limited ₹80.24 Cr	Ferrous Metals	1.68%	1.65%	-0.03%
30	State Bank of India ₹18.51 Cr	Banks	0.40%	0.38%	-0.02%
31	Axis Bank Limited ₹10.95 Cr	Banks	0.24%	0.22%	-0.02%
32	Mankind Pharma Limited ₹23.26 Cr	Pharmaceuticals & Biotechnology	0.49%	0.48%	-0.01%
33	Larsen & Toubro Limited ₹10.00 Cr	Construction	0.21%	0.20%	-0.01%
34	Sun Pharmaceutical Industries Limited ₹4.47 Cr	Pharmaceuticals & Biotechnology	0.10%	0.09%	-0.01%
35	UltraTech Cement Limited ₹2.59 Cr	Cement & Cement Products	0.06%	0.05%	-0.01%
36	Tata Motors Ltd ₹2.43 Cr	Agricultural, Commercial & Construction Vehicles	0.06%	0.05%	-0.01%
37	Infosys Limited ₹1.12 Cr	IT - Software	0.03%	0.02%	-0.01%

Full Portfolio

80 stocks — Apr 2026

#	Stock	Sector	Weight & Value
1	ICICI Bank Limited ₹289.28 Cr	Banks	5.93%
2	Billionbrains Garage Ventures Ltd ₹204.43 Cr	Capital Markets	4.19%
3	FSN E-Commerce Ventures Limited ₹197.76 Cr	Retailing	4.05%
4	Bharat Electronics Limited ₹196.37 Cr	Aerospace & Defense	4.03%
5	GE Vernova T&D India Limited ₹171.36 Cr	Electrical Equipment	3.51%
6	Aditya Infotech Limited ₹169.82 Cr	Industrial Manufacturing	3.48%
7	BSE Limited ₹169.35 Cr	Capital Markets	3.47%
8	Hindalco Industries Limited ₹166.99 Cr	Non - Ferrous Metals	3.42%
9	Oil & Natural Gas Corporation Limited ₹158.54 Cr	Oil	3.25%
10	Hitachi Energy India Limited ₹154.11 Cr	Electrical Equipment	3.16%
11	The Federal Bank Limited ₹150.08 Cr	Banks	3.08%
12	Lenskart Solutions Limited ₹131.91 Cr	Retailing	2.70%
13	ICICI Prudential Asset Management Company Limited ₹124.45 Cr	Capital Markets	2.55%
14	Indian Bank ₹122.63 Cr	Banks	2.51%
15	PB Fintech Limited ₹121.37 Cr	Financial Technology (Fintech)	2.49%
16	TD Power Systems Limited ₹113.69 Cr	Electrical Equipment	2.33%
17	Piramal Finance Ltd ₹109.32 Cr	Finance	2.24%
18	Ather Energy Limited ₹103.13 Cr	Automobiles	2.11%
19	Lupin Limited ₹97.15 Cr	Pharmaceuticals & Biotechnology	1.99%
20	Polycab India Limited ₹96.64 Cr	Industrial Products	1.98%
21	Tata Consumer Products Limited ₹93.27 Cr	Agricultural Food & other Products	1.91%
22	ABB India Limited ₹91.94 Cr	Electrical Equipment	1.88%
23	Shriram Finance Limited ₹91.01 Cr	Finance	1.87%
24	City Union Bank Limited ₹89.53 Cr	Banks	1.84%
25	Bharat Heavy Electricals Limited ₹81.99 Cr	Electrical Equipment	1.68%
26	Tata Power Company Limited ₹81.99 Cr	Power	1.68%
27	JSW Steel Limited ₹80.24 Cr	Ferrous Metals	1.65%
28	Nippon Life India Asset Management Limited ₹74.01 Cr	Capital Markets	1.52%
29	Thyrocare Technologies Limited ₹69.55 Cr	Healthcare Services	1.43%
30	Tata Steel Limited ₹61.22 Cr	Ferrous Metals	1.26%
31	TVS Motor Company Limited ₹57.29 Cr	Automobiles	1.17%
32	Multi Commodity Exchange of India Limited ₹53.26 Cr	Capital Markets	1.09%
33	Triveni Turbine Limited ₹51.82 Cr	Electrical Equipment	1.06%
34	Godfrey Phillips India Limited ₹51.27 Cr	Cigarettes & Tobacco Products	1.05%
35	Radico Khaitan Limited ₹49.30 Cr	Beverages	1.01%
36	Kirloskar Oil Engines Limited ₹48.20 Cr	Industrial Products	0.99%
37	Avalon Technologies Limited ₹47.47 Cr	Electrical Equipment	0.97%
38	Mahindra & Mahindra Limited ₹46.42 Cr	Automobiles	0.95%
39	Syngene International Limited ₹46.24 Cr	Healthcare Services	0.95%
40	Schaeffler India Limited ₹43.76 Cr	Auto Components	0.90%
41	Oil India Limited ₹42.08 Cr	Oil	0.86%
42	NTPC Green Energy Limited ₹41.03 Cr	Power	0.84%
43	Jindal Steel Limited ₹39.62 Cr	Ferrous Metals	0.81%
44	Thermax Limited ₹39.24 Cr	Electrical Equipment	0.80%
45	HDFC Bank Limited ₹39.03 Cr	Banks	0.80%
46	Atlanta Electricals Ltd ₹36.20 Cr	Electrical Equipment	0.74%
47	Titagarh Rail Systems Limited ₹25.95 Cr	Industrial Manufacturing	0.53%
48	JSW Energy Limited ₹23.65 Cr	Power	0.48%
49	Mankind Pharma Limited ₹23.26 Cr	Pharmaceuticals & Biotechnology	0.48%
50	Reliance Industries Limited ₹21.92 Cr	Petroleum Products	0.45%
51	Bharti Airtel Limited ₹20.71 Cr	Telecom - Services	0.42%
52	State Bank of India ₹18.51 Cr	Banks	0.38%
53	Aditya Birla Capital Limited ₹12.89 Cr	Finance	0.26%
54	Axis Bank Limited ₹10.95 Cr	Banks	0.22%
55	eClerx Services Limited ₹10.02 Cr	Commercial Services & Supplies	0.21%
56	Larsen & Toubro Limited ₹10.00 Cr	Construction	0.20%
57	Prudent Corporate Advisory Services Limited ₹8.37 Cr	Capital Markets	0.17%
58	Anthem Biosciences Limited ₹5.69 Cr	Pharmaceuticals & Biotechnology	0.12%
59	Cummins India Limited ₹5.27 Cr	Industrial Products	0.11%
60	Sun Pharmaceutical Industries Limited ₹4.47 Cr	Pharmaceuticals & Biotechnology	0.09%
61	Safari Industries India Ltd ₹2.61 Cr	Consumer Durables	0.05%
62	Tata Motors Ltd ₹2.43 Cr	Agricultural, Commercial & Construction Vehicles	0.05%
63	UltraTech Cement Limited ₹2.59 Cr	Cement & Cement Products	0.05%
64	Tech Mahindra Limited ₹1.85 Cr	IT - Software	0.04%
65	Cholamandalam Investment and Finance Company Ltd ₹1.81 Cr	Finance	0.04%
66	Sai Life Sciences Limited ₹1.58 Cr	Pharmaceuticals & Biotechnology	0.03%
67	CG Power and Industrial Solutions Limited ₹1.52 Cr	Electrical Equipment	0.03%
68	NTPC Limited ₹1.21 Cr	Power	0.02%
69	Infosys Limited ₹1.12 Cr	IT - Software	0.02%
70	Siemens Limited ₹79.97 L	Electrical Equipment	0.02%
71	Maruti Suzuki India Limited ₹55.65 L	Automobiles	0.01%
72	Eternal Limited ₹29.73 L	Retailing	0.01%
73	HDFC Asset Management Company Limited ₹31.47 L	Capital Markets	0.01%
74	Jyoti CNC Automation Ltd ₹39.00 L	Industrial Manufacturing	0.01%
75	Dixon Technologies (India) Limited ₹41.99 L	Consumer Durables	0.01%
76	Titan Company Limited ₹49.20 L	Consumer Durables	0.01%
77	Eicher Motors Limited ₹54.38 L	Automobiles	0.01%
78	Siemens Energy India Limited ₹68.85 L	Electrical Equipment	0.01%
79	Kotak Mahindra Bank Limited ₹13.47 L	Banks	0.00%
80	Persistent Systems Limited ₹2.98 L	IT - Software	0.00%