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HSBC Multi Asset Allocation Fund - Direct - Growth

Multi Asset Data as of Aug 2026 Comparing Jul 2026 → Aug 2026
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Stocks Held
68
Aug 2026
Equity Holdings
₹2,409.59 Cr
Equity only, excl. debt & cash
AAUM
₹2,882.15 Cr
Apr-Jun 2026 · Direct + Regular
Top 5 Weight
23.7%
Diversified
Top 10 Weight
35.9%
Diversified
Changes
53
4 new · 0 exits
Top Sector
Banks
18.5% of portfolio
Launch Date
08 Feb 2024
2 years old

AAUM (Average Assets Under Management) of ₹2,882.15 Cr for Apr-Jun 2026 is the combined figure across Direct and Regular plans — sourced from AMFI India's quarterly disclosure. Equity Holdings above shows only the stock portion from the latest portfolio filing.

📋 What Happened This Month HSBC Multi Asset Allocation Fund added 4 new stocks to its portfolio this month. The biggest new buy was Apar Industries Limited (Electrical Equipment) at 1.65% weight. Among existing holdings, ITC Limited saw the biggest increase — now at 2.28% of the portfolio. Axis Bank Limited was trimmed the most, now at 0.04%. ICICI Bank Limited remains the top holding with Banks the dominant sector at 18.5%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.
Sector Shift Industry allocation month-over-month
Jun 2026 Jul 2026
Sector Prev Curr Delta
Banks 17.9% 21.1% +3.2%
Retailing 5.8% 7.0% +1.2%
Electrical Equipment 9.3% 6.7% -2.7%
Capital Markets 8.4% 6.4% -2.0%
Automobiles 3.9% 5.5% +1.6%
Pharmaceuticals & Biotechnology 5.5% 5.5% -0.1%
Industrial Manufacturing 3.6% 3.3% -0.3%
Finance 3.4% 3.2% -0.2%
Financial Technology (Fintech) 3.0% 2.9% -0.1%
Ferrous Metals 2.7% 2.1% -0.7%
Jul 2026 Aug 2026
Sector Prev Curr Delta
Banks 21.1% 18.5% -2.6%
Retailing 7.0% 8.8% +1.9%
Electrical Equipment 6.7% 8.2% +1.5%
Capital Markets 6.4% 6.3% 0.0%
Pharmaceuticals & Biotechnology 5.5% 5.4% -0.1%
Automobiles 5.5% 4.9% -0.6%
Financial Technology (Fintech) 2.9% 4.0% +1.1%
Finance 3.2% 3.3% +0.1%
Industrial Manufacturing 3.3% 3.1% -0.2%
Diversified FMCG 1.2% 2.3% +1.1%
🟢
Biggest New Buy
Apar Industries Limited
1.65% weight · Electrical Equipment
Biggest Add
ITC Limited
+1.13% · now 2.28%
Biggest Trim
Axis Bank Limited
-1.66% · now 0.04%
🤝 Other funds also bought this month
One 97 Communications Limited 56 funds
One 97 Communications Limited
Mirae Asset BSE Select IPO ETF
Mirae Asset BSE Midcap 150 Momentum 30 ETF
JM Aggressive Hybrid Fund + more
Tech Mahindra Limited 39 funds
Tech Mahindra Limited
Invesco India ESG Integration Strategy Fund (An open ended equity scheme investing in companies following Environmental, Social and Governance (ESG) theme following integration strategy)
SBI ESG Exclusionary Strategy Fund - Direct Plan -Growth
Invesco India Largecap Fund - Direct Plan - Growth + more
Apar Industries Limited 29 funds
Apar Industries Limited
Bandhan Mid Cap Fund
Motilal Oswal Active Momentum Fund- Direct-Growth
HSBC Focused Fund - Direct Growth + more
KFin Technologies Limited 24 funds
KFin Technologies Limited
Invesco India Focused Fund
Motilal Oswal Services Fund - Direct Plan - Growth
Motilal Oswal Contra Fund + more

What Changed in the Portfolio This Month?

Comparing Jul 2026 → Aug 2026

Jul 2026 Aug 2026
🟢 4 New Entries ↑ 14 Increased ↓ 35 Decreased
#StockSectorWeight (Aug 2026)
1
Apar Industries Limited
₹53.86 Cr
Electrical Equipment 1.65%
2
Tech Mahindra Limited
₹31.55 Cr
IT - Software 0.97%
3
One 97 Communications Limited
₹26.62 Cr
Financial Technology (Fintech) 0.82%
4
KFin Technologies Limited
₹17.30 Cr
Capital Markets 0.53%
#StockSectorJul 2026Aug 2026Change
1
ITC Limited
₹74.48 Cr
Diversified FMCG 1.15% 2.28% +1.13%
2
Lenskart Solutions Limited
₹136.85 Cr
Retailing 3.11% 4.20% +1.09%
3
Meesho Ltd
₹92.10 Cr
Retailing 2.02% 2.83% +0.81%
4
Gland Pharma Limited
₹41.94 Cr
Pharmaceuticals & Biotechnology 0.91% 1.29% +0.38%
5
Ather Energy Limited
₹49.01 Cr
Automobiles 1.16% 1.50% +0.34%
6
PB Fintech Limited
₹103.25 Cr
Financial Technology (Fintech) 2.85% 3.17% +0.32%
7
Piramal Finance Ltd
₹64.26 Cr
Finance 1.85% 1.97% +0.12%
8
SEDEMAC MECHATRONICS LTD
₹35.08 Cr
Auto Components 0.98% 1.08% +0.10%
9
City Union Bank Limited
₹37.68 Cr
Banks 1.10% 1.16% +0.06%
10
Indian Bank
₹30.07 Cr
Banks 0.90% 0.92% +0.02%
#StockSectorJul 2026Aug 2026Change
1
Axis Bank Limited
₹1.29 Cr
Banks 1.70% 0.04% -1.66%
2
Hindalco Industries Limited
₹11.66 Cr
Non - Ferrous Metals 1.23% 0.36% -0.87%
3
Mahindra & Mahindra Limited
₹25.85 Cr
Automobiles 1.61% 0.79% -0.82%
4
Tata Consumer Products Limited
₹18.79 Cr
Agricultural Food & other Products 1.17% 0.58% -0.59%
5
Oil & Natural Gas Corporation Limited
₹88.04 L
Oil 0.61% 0.03% -0.58%
6
HDFC Bank Limited
₹151.32 Cr
Banks 5.15% 4.64% -0.51%
7
Reliance Industries Limited
₹41.50 L
Petroleum Products 0.37% 0.01% -0.36%
8
Lupin Limited
₹69.02 Cr
Pharmaceuticals & Biotechnology 2.46% 2.12% -0.34%
9
ICICI Bank Limited
₹272.65 Cr
Banks 8.69% 8.36% -0.33%
10
BSE Limited
₹59.21 L
Capital Markets 0.26% 0.02% -0.24%

What Stocks Does This Fund Hold?

68 stocks — Aug 2026

# Stock Sector Cap Weight & Value
1
₹272.65 Cr
Banks
8.36%
2
₹151.32 Cr
Banks
4.64%
3
₹136.85 Cr
Retailing
4.20%
4
₹107.30 Cr
Banks
3.29%
5
₹103.25 Cr
Financial Technology (Fintech)
3.17%
6
₹92.10 Cr
Retailing
2.83%
7
₹84.90 Cr
Automobiles
2.60%
8
₹79.88 Cr
Electrical Equipment
2.45%
9
₹74.48 Cr
Diversified FMCG
2.28%
10
₹69.02 Cr
Pharmaceuticals & Biotechnology
2.12%
🏆 Top stocks held by Multi Asset funds
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🏦 HSBC Mutual Fund — Portfolio & Holdings
See all funds managed by HSBC Mutual Fund — conviction stocks, monthly entries & exits

Disclaimer: Data sourced from individual AMC monthly portfolio disclosures, as mandated by SEBI/AMFI. While we strive for accuracy, errors in parsing or presentation may occasionally occur. This is not investment advice. Please consult a SEBI-registered investment adviser before making any investment decisions.

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