What stocks does HSBC Multi Asset Allocation Fund hold?

HSBC Multi Asset Allocation 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 Multi Asset Allocation Fund?

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

What category is HSBC Multi Asset Allocation Fund?

HSBC Multi Asset Allocation Fund is classified as a Multi Asset mutual fund under SEBI's mutual fund categorisation framework.

How often is HSBC Multi Asset Allocation Fund portfolio data updated?

Portfolio holdings for HSBC Multi Asset Allocation 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 Multi Asset Allocation Fund - Direct - Growth

Multi Asset Data as of Sep 2026 Comparing Aug 2026 → Sep 2026

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Stocks Held

Sep 2026

Equity Holdings

₹2,340.93 Cr

Equity only, excl. debt & cash

AAUM

₹3,149.68 Cr

Jul-Sep 2026 · Direct + Regular

Top 5 Weight

23.8%

Diversified

Top 10 Weight

35.6%

Diversified

Changes

1 new · 1 exits

Top Sector

Banks

18.1% of portfolio

Launch Date

08 Feb 2024

2 years old

AAUM (Average Assets Under Management) of ₹3,149.68 Cr for Jul-Sep 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 made 1 new addition and exited 1 stock this month. The biggest new buy was Dhoot Transmission Ltd (Automobile and Auto Components) at 1.40% weight. NTPC Limited was the biggest exit (Power), which was held at 0.36%. Among existing holdings, Aditya Infotech Limited saw the biggest increase — now at 2.67% of the portfolio. PB Fintech Limited was trimmed the most, now at 1.87%. ICICI Bank Limited remains the top holding with Banks the dominant sector at 18.1%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.

How Has the NAV Performed?

1 year history · HSBC Multi Asset Allocation Fund - Direct - Growth

-5.05%

-5.10%

-3.58%

+2.42%

Latest NAV

₹13.43

23 Oct 2026

52W High

₹14.70

-9% from High

52W Low

₹11.21

+20% from Low

Calendar Year Returns

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

2025

+9.8%

Rolling Returns

Performance across every possible investment start date.

1Y Rolling Avg

13.5%

+ve in 100% windows

33.8% / 0.7%

Crisis Period Behaviour

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

2024–25 Tariff

-18.7%

Rec: Sep 2025 (9 mo)

COVID-19 Crash

Pre-inception

Rec: N/A

2022 Rate Hike

Pre-inception

Rec: N/A

2018 IL&FS

Pre-inception

Rec: N/A

NAV Chart ₹13.43 23 Oct 2026

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

HSBC Multi Asset Allocation Fund - Direct - Growth

Chart shows indexed performance (base = 100). Actual NAV: ₹13.43

Sector Shift Industry allocation month-over-month

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%

Aug 2026 → Sep 2026

Sector	Prev	Curr ▼	Delta
Banks	18.5%	18.1%	▼ -0.3%
Retailing	8.8%	9.5%	▲ +0.6%
Electrical Equipment	8.2%	8.1%	● 0.0%
Capital Markets	6.3%	6.4%	● +0.1%
Pharmaceuticals & Biotechnology	5.4%	5.4%	● +0.0%
Automobiles	4.9%	4.3%	▼ -0.6%
Industrial Manufacturing	3.1%	4.2%	▲ +1.1%
Finance	3.3%	3.0%	▼ -0.3%
Financial Technology (Fintech)	4.0%	2.7%	▼ -1.3%
Diversified FMCG	2.3%	2.4%	▲ +0.2%

🟢

Biggest New Buy

Dhoot Transmission Ltd

1.40% weight · Automobile and Auto Components

🔴

Biggest Exit

NTPC Limited

0.36% was held · Power

↑

Biggest Add

Aditya Infotech Limited

+1.05% · now 2.67%

↓

Biggest Trim

PB Fintech Limited

-1.30% · now 1.87%

🤝 Other funds also bought this month

Dhoot Transmission Ltd 7 funds

👋 Other funds also exited

NTPC Limited 31 funds

What Changed in the Portfolio This Month?

Comparing Aug 2026 → Sep 2026

Aug 2026 → Sep 2026

🟢 1 New Entry 🔴 1 Exit ↑ 16 Increased ↓ 30 Decreased

#	Stock	Sector	Weight (Sep 2026)
1	Dhoot Transmission Ltd ₹43.88 Cr	Automobile and Auto Components	1.40%

#	Stock	Sector	Last Weight (Aug 2026)
1	NTPC Limited ₹11.85 Cr	Power	0.36%

#	Stock	Sector	Aug 2026	Sep 2026	Change
1	Aditya Infotech Limited ₹83.98 Cr	Industrial Manufacturing	1.62%	2.67%	+1.05%
2	HDFC Bank Limited ₹158.92 Cr	Banks	4.64%	5.06%	+0.42%
3	Meesho Ltd ₹102.13 Cr	Retailing	2.83%	3.25%	+0.42%
4	Lenskart Solutions Limited ₹141.53 Cr	Retailing	4.20%	4.51%	+0.31%
5	Polycab India Limited ₹60.55 Cr	Industrial Products	1.64%	1.93%	+0.29%
6	SEDEMAC MECHATRONICS LTD ₹39.68 Cr	Auto Components	1.08%	1.26%	+0.18%
7	ITC Limited ₹76.60 Cr	Diversified FMCG	2.28%	2.44%	+0.16%
8	Hitachi Energy India Limited ₹38.83 Cr	Electrical Equipment	1.08%	1.24%	+0.16%
9	KFin Technologies Limited ₹21.22 Cr	Capital Markets	0.53%	0.68%	+0.15%
10	ICICI Prudential Asset Management Company Limited ₹66.21 Cr	Capital Markets	1.98%	2.11%	+0.13%
11	Mankind Pharma Limited ₹38.42 Cr	Pharmaceuticals & Biotechnology	1.14%	1.22%	+0.08%
12	Titagarh Rail Systems Limited ₹48.41 Cr	Industrial Manufacturing	1.48%	1.54%	+0.06%
13	Gland Pharma Limited ₹42.13 Cr	Pharmaceuticals & Biotechnology	1.29%	1.34%	+0.05%
14	Apar Industries Limited ₹52.90 Cr	Electrical Equipment	1.65%	1.68%	+0.03%
15	City Union Bank Limited ₹37.16 Cr	Banks	1.16%	1.18%	+0.02%
16	One 97 Communications Limited ₹26.01 Cr	Financial Technology (Fintech)	0.82%	0.83%	+0.01%

#	Stock	Sector	Aug 2026	Sep 2026	Change
1	PB Fintech Limited ₹58.59 Cr	Financial Technology (Fintech)	3.17%	1.87%	-1.30%
2	ICICI Bank Limited ₹247.84 Cr	Banks	8.36%	7.89%	-0.47%
3	TVS Motor Company Limited ₹70.80 Cr	Automobiles	2.60%	2.25%	-0.35%
4	The Federal Bank Limited ₹95.48 Cr	Banks	3.29%	3.04%	-0.25%
5	Bharti Airtel Limited ₹93.24 L	Telecom - Services	0.27%	0.03%	-0.24%
6	Ather Energy Limited ₹40.66 Cr	Automobiles	1.50%	1.29%	-0.21%
7	HDFC Asset Management Company Limited ₹48.35 Cr	Capital Markets	1.71%	1.54%	-0.17%
8	Piramal Finance Ltd ₹57.09 Cr	Finance	1.97%	1.82%	-0.15%
9	FSN E-Commerce Ventures Limited ₹54.09 Cr	Retailing	1.81%	1.72%	-0.09%
10	Mahindra & Mahindra Financial Services Limited ₹26.42 Cr	Finance	0.93%	0.84%	-0.09%
11	Lupin Limited ₹64.03 Cr	Pharmaceuticals & Biotechnology	2.12%	2.04%	-0.08%
12	ABB India Limited ₹26.77 Cr	Electrical Equipment	0.93%	0.85%	-0.08%
13	Indian Bank ₹26.97 Cr	Banks	0.92%	0.86%	-0.06%
14	Thermax Limited ₹16.96 Cr	Electrical Equipment	0.60%	0.54%	-0.06%
15	Mahindra & Mahindra Limited ₹23.24 Cr	Automobiles	0.79%	0.74%	-0.05%
16	GE Vernova T&D India Limited ₹75.49 Cr	Electrical Equipment	2.45%	2.40%	-0.05%
17	Nippon Life India Asset Management Limited ₹29.17 Cr	Capital Markets	0.98%	0.93%	-0.05%
18	Sun Pharmaceutical Industries Limited ₹20.37 Cr	Pharmaceuticals & Biotechnology	0.68%	0.65%	-0.03%
19	Tech Mahindra Limited ₹29.53 Cr	IT - Software	0.97%	0.94%	-0.03%
20	Tata Consumer Products Limited ₹17.19 Cr	Agricultural Food & other Products	0.58%	0.55%	-0.03%
21	CG Power and Industrial Solutions Limited ₹36.30 Cr	Electrical Equipment	1.19%	1.16%	-0.03%
22	Hindalco Industries Limited ₹10.82 Cr	Non - Ferrous Metals	0.36%	0.34%	-0.02%
23	Larsen & Toubro Limited ₹76.52 L	Construction	0.03%	0.02%	-0.01%
24	Shriram Finance Limited ₹45.53 L	Finance	0.02%	0.01%	-0.01%
25	JSW Steel Limited ₹63.05 Cr	Ferrous Metals	2.02%	2.01%	-0.01%
26	InterGlobe Aviation Limited ₹25.37 Cr	Transport Services	0.82%	0.81%	-0.01%
27	Dixon Technologies (India) Limited ₹1.02 Cr	Consumer Durables	0.04%	0.03%	-0.01%
28	Siemens Limited ₹7.41 Cr	Electrical Equipment	0.25%	0.24%	-0.01%
29	Tenneco Clean Air India Limited ₹19.31 Cr	Auto Components	0.62%	0.61%	-0.01%
30	Billionbrains Garage Ventures Ltd ₹32.74 Cr	Capital Markets	1.05%	1.04%	-0.01%

What Stocks Does This Fund Hold?

68 stocks — Sep 2026

#	Stock	Sector	Weight & Value
1	ICICI Bank Limited ₹247.84 Cr	Banks	7.89%
2	HDFC Bank Limited ₹158.92 Cr	Banks	5.06%
3	Lenskart Solutions Limited ₹141.53 Cr	Retailing	4.51%
4	Meesho Ltd ₹102.13 Cr	Retailing	3.25%
5	The Federal Bank Limited ₹95.48 Cr	Banks	3.04%
6	Aditya Infotech Limited ₹83.98 Cr	Industrial Manufacturing	2.67%
7	ITC Limited ₹76.60 Cr	Diversified FMCG	2.44%
8	GE Vernova T&D India Limited ₹75.49 Cr	Electrical Equipment	2.40%
9	TVS Motor Company Limited ₹70.80 Cr	Automobiles	2.25%
10	ICICI Prudential Asset Management Company Limited ₹66.21 Cr	Capital Markets	2.11%
11	Lupin Limited ₹64.03 Cr	Pharmaceuticals & Biotechnology	2.04%
12	JSW Steel Limited ₹63.05 Cr	Ferrous Metals	2.01%
13	Polycab India Limited ₹60.55 Cr	Industrial Products	1.93%
14	PB Fintech Limited ₹58.59 Cr	Financial Technology (Fintech)	1.87%
15	Piramal Finance Ltd ₹57.09 Cr	Finance	1.82%
16	FSN E-Commerce Ventures Limited ₹54.09 Cr	Retailing	1.72%
17	Apar Industries Limited ₹52.90 Cr	Electrical Equipment	1.68%
18	Titagarh Rail Systems Limited ₹48.41 Cr	Industrial Manufacturing	1.54%
19	HDFC Asset Management Company Limited ₹48.35 Cr	Capital Markets	1.54%
20	Dhoot Transmission Ltd ₹43.88 Cr	Automobile and Auto Components	1.40%
21	Gland Pharma Limited ₹42.13 Cr	Pharmaceuticals & Biotechnology	1.34%
22	Ather Energy Limited ₹40.66 Cr	Automobiles	1.29%
23	SEDEMAC MECHATRONICS LTD ₹39.68 Cr	Auto Components	1.26%
24	Hitachi Energy India Limited ₹38.83 Cr	Electrical Equipment	1.24%
25	Mankind Pharma Limited ₹38.42 Cr	Pharmaceuticals & Biotechnology	1.22%
26	City Union Bank Limited ₹37.16 Cr	Banks	1.18%
27	CG Power and Industrial Solutions Limited ₹36.30 Cr	Electrical Equipment	1.16%
28	Billionbrains Garage Ventures Ltd ₹32.74 Cr	Capital Markets	1.04%
29	Tech Mahindra Limited ₹29.53 Cr	IT - Software	0.94%
30	Nippon Life India Asset Management Limited ₹29.17 Cr	Capital Markets	0.93%
31	Indian Bank ₹26.97 Cr	Banks	0.86%
32	ABB India Limited ₹26.77 Cr	Electrical Equipment	0.85%
33	Mahindra & Mahindra Financial Services Limited ₹26.42 Cr	Finance	0.84%
34	One 97 Communications Limited ₹26.01 Cr	Financial Technology (Fintech)	0.83%
35	InterGlobe Aviation Limited ₹25.37 Cr	Transport Services	0.81%
36	Mahindra & Mahindra Limited ₹23.24 Cr	Automobiles	0.74%
37	KFin Technologies Limited ₹21.22 Cr	Capital Markets	0.68%
38	Sun Pharmaceutical Industries Limited ₹20.37 Cr	Pharmaceuticals & Biotechnology	0.65%
39	Tenneco Clean Air India Limited ₹19.31 Cr	Auto Components	0.61%
40	Tata Consumer Products Limited ₹17.19 Cr	Agricultural Food & other Products	0.55%
41	Thermax Limited ₹16.96 Cr	Electrical Equipment	0.54%
42	PNB Housing Finance Limited ₹11.44 Cr	Finance	0.36%
43	Hindalco Industries Limited ₹10.82 Cr	Non - Ferrous Metals	0.34%
44	Siemens Limited ₹7.41 Cr	Electrical Equipment	0.24%
45	Divi's Laboratories Limited ₹5.46 Cr	Pharmaceuticals & Biotechnology	0.17%
46	Persistent Systems Limited ₹4.12 Cr	IT - Software	0.13%
47	State Bank of India ₹1.90 Cr	Banks	0.06%
48	Britannia Industries Limited ₹1.74 Cr	Food Products	0.06%
49	Multi Commodity Exchange of India Limited ₹1.71 Cr	Capital Markets	0.05%
50	Axis Bank Limited ₹1.22 Cr	Banks	0.04%
51	Safari Industries India Ltd ₹1.34 Cr	Consumer Durables	0.04%
52	Oil & Natural Gas Corporation Limited ₹85.76 L	Oil	0.03%
53	Max Healthcare Institute Limited ₹92.96 L	Healthcare Services	0.03%
54	Bharti Airtel Limited ₹93.24 L	Telecom - Services	0.03%
55	Dixon Technologies (India) Limited ₹1.02 Cr	Consumer Durables	0.03%
56	UltraTech Cement Limited ₹69.02 L	Cement & Cement Products	0.02%
57	Bharat Heavy Electricals Limited ₹64.36 L	Electrical Equipment	0.02%
58	Larsen & Toubro Limited ₹76.52 L	Construction	0.02%
59	Godrej Consumer Products Limited ₹60.71 L	Personal Products	0.02%
60	BSE Limited ₹55.78 L	Capital Markets	0.02%
61	Tata Power Company Limited ₹74.78 L	Power	0.02%
62	Power Grid Corporation of India Limited ₹22.97 L	Power	0.01%
63	Bharat Electronics Limited ₹27.41 L	Aerospace & Defense	0.01%
64	Reliance Industries Limited ₹38.58 L	Petroleum Products	0.01%
65	Shriram Finance Limited ₹45.53 L	Finance	0.01%
66	Infosys Limited ₹12.92 L	IT - Software	0.00%
67	Blue Star Limited ₹8.35 L	Consumer Durables	0.00%
68	Cholamandalam Investment and Finance Company Ltd ₹9.72 L	Finance	0.00%