What stocks does HSBC Large Cap Fund hold?

HSBC Large 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 Cap Fund?

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

What category is HSBC Large Cap Fund?

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

How often is HSBC Large Cap Fund portfolio data updated?

Portfolio holdings for HSBC Large 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 Cap Fund - Direct Growth

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

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Stocks Held

May 2026

Equity Holdings

₹1,626.49 Cr

Equity only, excl. debt & cash

Top 5 Weight

31.3%

Moderate

Top 10 Weight

49.2%

Moderate

Changes

1 new · 3 exits

Top Sector

Banks

24.8% of portfolio

📋 What Happened This Month HSBC Large Cap Fund made 1 new addition and exited 3 stocks this month. The biggest new buy was SBI Life Insurance Company Limited (Insurance) at 1.04% weight. Britannia Industries Limited was the biggest exit (Food Products), which was held at 1.61%. Among existing holdings, Mahindra & Mahindra Limited saw the biggest increase — now at 3.03% of the portfolio. Axis Bank Limited was trimmed the most, now at 2.56%. ICICI Bank Limited remains the top holding with Banks the dominant sector at 24.8%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.

How Has the NAV Performed?

1 year history · HSBC Large Cap Fund - Direct Growth

+2.31%

+6.52%

-4.20%

+0.37%

Latest NAV

₹526.24

24 Jun 2026

52W High

₹559.64

-6% from High

52W Low

₹460.33

+14% from Low

Calendar Year Returns

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

2025

+5.8%

2024

+19.4%

2023

+24.7%

2022

+1.5%

2021

+23.9%

2020

+17.0%

2019

+16.1%

2018

-2.5%

2017

+31.5%

Rolling Returns

Performance across every possible investment start date.

1Y Rolling Avg

15.4%

+ve in 84% windows

84.0% / -25.9%

3Y Rolling Avg

14.4% p.a.

+ve in 99% windows

30.4% / -4.0%

5Y Rolling Avg

15.3% p.a.

+ve in 100% windows

26.6% / 8.5%

Crisis Period Behaviour

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

2024–25 Tariff

-17.6%

Rec: Feb 2026 (1yr 5mo)

COVID-19 Crash

-35.2%

Rec: Nov 2020 (11 mo)

2022 Rate Hike

-19.3%

Rec: Nov 2022 (8 mo)

2018 IL&FS

-16.5%

Rec: Jun 2019 (10 mo)

Risk Ratios

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

Sharpe Ratio (3Y)

0.52

Return per unit of risk. >1 is good.

Sortino Ratio (3Y)

0.72

Penalises downside volatility only.

Std Deviation (3Y)

13.9%

Lower = more consistent returns.

NAV Chart ₹526.24 24 Jun 2026

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

HSBC Large Cap Fund - Direct Growth

Chart shows indexed performance (base = 100). Actual NAV: ₹526.24

Sector Shift Industry allocation month-over-month

Mar 2026 → Apr 2026

Sector	Prev	Curr ▼	Delta
Banks	28.9%	28.1%	▼ -0.8%
IT - Software	8.2%	7.3%	▼ -0.9%
Retailing	5.0%	6.8%	▲ +1.8%
Petroleum Products	7.3%	6.5%	▼ -0.7%
Automobiles	5.6%	5.5%	● -0.1%
Construction	4.7%	5.1%	▲ +0.3%
Finance	4.7%	4.7%	● +0.0%
Telecom - Services	3.7%	3.7%	● 0.0%
Capital Markets	2.5%	3.4%	▲ +0.8%
Healthcare Services	3.4%	3.3%	▼ -0.1%

Apr 2026 → May 2026

Sector	Prev	Curr ▼	Delta
Banks	28.1%	24.8%	▼ -3.3%
Retailing	6.8%	7.9%	▲ +1.1%
Petroleum Products	6.5%	6.8%	▲ +0.2%
IT - Software	7.3%	5.4%	▼ -1.9%
Construction	5.1%	5.2%	▲ +0.2%
Automobiles	5.5%	4.9%	▼ -0.5%
Finance	4.7%	4.6%	▼ -0.2%
Telecom - Services	3.7%	3.6%	● -0.1%
Capital Markets	3.4%	3.5%	▲ +0.2%
Healthcare Services	3.3%	3.4%	▲ +0.2%

🟢

Biggest New Buy

SBI Life Insurance Company Limited

1.04% weight · Insurance

🔴

Biggest Exit

Britannia Industries Limited

1.61% was held · Food Products

↑

Biggest Add

Mahindra & Mahindra Limited

+0.86% · now 3.03%

↓

Biggest Trim

Axis Bank Limited

-1.35% · now 2.56%

🤝 Other funds also bought this month

SBI Life Insurance Company Limited 28 funds

👋 Other funds also exited

Maruti Suzuki India Limited 23 funds

Britannia Industries Limited 18 funds

Godrej Consumer Products Limited 18 funds

What Changed in the Portfolio This Month?

Comparing Apr 2026 → May 2026

Apr 2026 → May 2026

🟢 1 New Entry 🔴 3 Exits ↑ 17 Increased ↓ 17 Decreased

#	Stock	Sector	Weight (May 2026)
1	SBI Life Insurance Company Limited ₹18.30 Cr	Insurance	1.04%

#	Stock	Sector	Last Weight (Apr 2026)
1	Britannia Industries Limited ₹28.63 Cr	Food Products	1.61%
2	Maruti Suzuki India Limited ₹23.97 Cr	Automobiles	1.34%
3	Godrej Consumer Products Limited ₹18.67 Cr	Personal Products	1.05%

#	Stock	Sector	Apr 2026	May 2026	Change
1	Mahindra & Mahindra Limited ₹53.30 Cr	Automobiles	2.17%	3.03%	+0.86%
2	Swiggy Limited ₹38.69 Cr	Retailing	1.52%	2.20%	+0.68%
3	Hindustan Petroleum Corporation Limited ₹19.69 Cr	Petroleum Products	0.52%	1.12%	+0.60%
4	Polycab India Limited ₹47.39 Cr	Industrial Products	2.27%	2.70%	+0.43%
5	United Spirits Limited ₹12.70 Cr	Beverages	0.37%	0.72%	+0.35%
6	FSN E-Commerce Ventures Limited ₹18.36 Cr	Retailing	0.74%	1.04%	+0.30%
7	Apollo Hospitals Enterprise Limited ₹40.88 Cr	Healthcare Services	2.14%	2.33%	+0.19%
8	ICICI Prudential Asset Management Company Limited ₹35.39 Cr	Capital Markets	1.84%	2.01%	+0.17%
9	Larsen & Toubro Limited ₹91.72 Cr	Construction	5.06%	5.22%	+0.16%
10	Mankind Pharma Limited ₹35.63 Cr	Pharmaceuticals & Biotechnology	1.89%	2.03%	+0.14%
11	Eternal Limited ₹62.65 Cr	Retailing	3.46%	3.56%	+0.10%
12	Varun Beverages Limited ₹39.60 Cr	Beverages	2.16%	2.25%	+0.09%
13	InterGlobe Aviation Limited ₹33.04 Cr	Transport Services	1.81%	1.88%	+0.07%
14	Trent Limited ₹19.01 Cr	Retailing	1.05%	1.08%	+0.03%
15	Divi's Laboratories Limited ₹10.00 Cr	Pharmaceuticals & Biotechnology	0.55%	0.57%	+0.02%
16	UltraTech Cement Limited ₹34.45 Cr	Cement & Cement Products	1.95%	1.96%	+0.01%
17	Sun Pharmaceutical Industries Limited ₹13.49 Cr	Pharmaceuticals & Biotechnology	0.76%	0.77%	+0.01%

#	Stock	Sector	Apr 2026	May 2026	Change
1	Axis Bank Limited ₹45.03 Cr	Banks	3.91%	2.56%	-1.35%
2	State Bank of India ₹77.15 Cr	Banks	5.39%	4.39%	-1.00%
3	Infosys Limited ₹58.05 Cr	IT - Software	3.98%	3.30%	-0.68%
4	HCL Technologies Limited ₹17.76 Cr	IT - Software	1.68%	1.01%	-0.67%
5	ICICI Bank Limited ₹144.49 Cr	Banks	8.85%	8.22%	-0.63%
6	Tech Mahindra Limited ₹18.55 Cr	IT - Software	1.65%	1.06%	-0.59%
7	Reliance Industries Limited ₹99.09 Cr	Petroleum Products	6.02%	5.64%	-0.38%
8	Titan Company Limited ₹30.56 Cr	Consumer Durables	2.09%	1.74%	-0.35%
9	Kotak Mahindra Bank Limited ₹34.58 Cr	Banks	2.15%	1.97%	-0.18%
10	HDFC Bank Limited ₹134.02 Cr	Banks	7.79%	7.62%	-0.17%
11	Shriram Finance Limited ₹80.51 Cr	Finance	4.73%	4.58%	-0.15%
12	Bharti Airtel Limited ₹64.02 Cr	Telecom - Services	3.70%	3.64%	-0.06%
13	TVS Motor Company Limited ₹33.56 Cr	Automobiles	1.96%	1.91%	-0.05%
14	LG Electronics India Ltd ₹19.05 Cr	Consumer Durables	1.12%	1.08%	-0.04%
15	NTPC Limited ₹25.15 Cr	Power	1.45%	1.43%	-0.02%
16	Delhivery Limited ₹22.62 Cr	Transport Services	1.31%	1.29%	-0.02%
17	Max Healthcare Institute Limited ₹19.30 Cr	Healthcare Services	1.11%	1.10%	-0.01%

What Stocks Does This Fund Hold?

37 stocks — May 2026

#	Stock	Sector	Weight & Value
1	ICICI Bank Limited ₹144.49 Cr	Banks	8.22%
2	HDFC Bank Limited ₹134.02 Cr	Banks	7.62%
3	Reliance Industries Limited ₹99.09 Cr	Petroleum Products	5.64%
4	Larsen & Toubro Limited ₹91.72 Cr	Construction	5.22%
5	Shriram Finance Limited ₹80.51 Cr	Finance	4.58%
6	State Bank of India ₹77.15 Cr	Banks	4.39%
7	Bharti Airtel Limited ₹64.02 Cr	Telecom - Services	3.64%
8	Eternal Limited ₹62.65 Cr	Retailing	3.56%
9	Infosys Limited ₹58.05 Cr	IT - Software	3.30%
10	Mahindra & Mahindra Limited ₹53.30 Cr	Automobiles	3.03%
11	Tata Steel Limited ₹52.01 Cr	Ferrous Metals	2.96%
12	Polycab India Limited ₹47.39 Cr	Industrial Products	2.70%
13	Axis Bank Limited ₹45.03 Cr	Banks	2.56%
14	Apollo Hospitals Enterprise Limited ₹40.88 Cr	Healthcare Services	2.33%
15	Varun Beverages Limited ₹39.60 Cr	Beverages	2.25%
16	Swiggy Limited ₹38.69 Cr	Retailing	2.20%
17	Mankind Pharma Limited ₹35.63 Cr	Pharmaceuticals & Biotechnology	2.03%
18	ICICI Prudential Asset Management Company Limited ₹35.39 Cr	Capital Markets	2.01%
19	Kotak Mahindra Bank Limited ₹34.58 Cr	Banks	1.97%
20	UltraTech Cement Limited ₹34.45 Cr	Cement & Cement Products	1.96%
21	TVS Motor Company Limited ₹33.56 Cr	Automobiles	1.91%
22	InterGlobe Aviation Limited ₹33.04 Cr	Transport Services	1.88%
23	Titan Company Limited ₹30.56 Cr	Consumer Durables	1.74%
24	HDFC Asset Management Company Limited ₹26.74 Cr	Capital Markets	1.52%
25	NTPC Limited ₹25.15 Cr	Power	1.43%
26	Delhivery Limited ₹22.62 Cr	Transport Services	1.29%
27	Hindustan Petroleum Corporation Limited ₹19.69 Cr	Petroleum Products	1.12%
28	Max Healthcare Institute Limited ₹19.30 Cr	Healthcare Services	1.10%
29	LG Electronics India Ltd ₹19.05 Cr	Consumer Durables	1.08%
30	Trent Limited ₹19.01 Cr	Retailing	1.08%
31	Tech Mahindra Limited ₹18.55 Cr	IT - Software	1.06%
32	FSN E-Commerce Ventures Limited ₹18.36 Cr	Retailing	1.04%
33	SBI Life Insurance Company Limited ₹18.30 Cr	Insurance	1.04%
34	HCL Technologies Limited ₹17.76 Cr	IT - Software	1.01%
35	Sun Pharmaceutical Industries Limited ₹13.49 Cr	Pharmaceuticals & Biotechnology	0.77%
36	United Spirits Limited ₹12.70 Cr	Beverages	0.72%
37	Divi's Laboratories Limited ₹10.00 Cr	Pharmaceuticals & Biotechnology	0.57%