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 Jul 2026 Comparing Jun 2026 → Jul 2026

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Stocks Held

Jul 2026

Equity Holdings

₹2,271.21 Cr

Equity only, excl. debt & cash

AAUM

₹2,882.15 Cr

Apr-Jun 2026 · Direct + Regular

Top 5 Weight

23.3%

Diversified

Top 10 Weight

35.2%

Diversified

Changes

2 new · 4 exits

Top Sector

Banks

21.1% 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 made 2 new additions and exited 4 stocks this month. The biggest new buy was Mahindra & Mahindra Financial Services Limited (Finance) at 1.01% weight. Power Finance Corporation Limited was the biggest exit (Finance), which was held at 1.02%. Among existing holdings, TVS Motor Company Limited saw the biggest increase — now at 2.72% of the portfolio. Power Grid Corporation of India Limited was trimmed the most, now at 0.01%. ICICI Bank Limited remains the top holding with Banks the dominant sector at 21.1%. ↓ 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

+4.08%

+2.33%

+3.31%

+17.53%

Latest NAV

₹14.63

24 Aug 2026

52W High

₹14.63

-0% from High

52W Low

₹10.31

+42% 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

13.7%

+ve in 100% windows

33.8% / 1.3%

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 ₹14.63 24 Aug 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: ₹14.63

Sector Shift Industry allocation month-over-month

May 2026 → Jun 2026

Sector	Prev	Curr ▼	Delta
Banks	11.1%	17.9%	▲ +6.7%
Electrical Equipment	12.4%	9.3%	▼ -3.0%
Capital Markets	7.5%	8.4%	▲ +0.9%
Retailing	5.0%	5.8%	▲ +0.8%
Pharmaceuticals & Biotechnology	4.4%	5.5%	▲ +1.1%
Automobiles	1.9%	3.9%	▲ +2.0%
Industrial Manufacturing	3.9%	3.6%	▼ -0.3%
Finance	3.2%	3.4%	▲ +0.2%
Power	3.2%	3.0%	▼ -0.2%
Financial Technology (Fintech)	3.2%	3.0%	▼ -0.2%

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%

🟢

Biggest New Buy

Mahindra & Mahindra Financial Services Limited

1.01% weight · Finance

🔴

Biggest Exit

Power Finance Corporation Limited

1.02% was held · Finance

↑

Biggest Add

TVS Motor Company Limited

+1.78% · now 2.72%

↓

Biggest Trim

Power Grid Corporation of India Limited

-2.05% · now 0.01%

🤝 Other funds also bought this month

Mahindra & Mahindra Financial Services Limited 22 funds

InterGlobe Aviation Limited 20 funds

👋 Other funds also exited

Kotak Mahindra Bank Limited 67 funds

Tata Steel Limited 58 funds

Power Finance Corporation Limited 34 funds

Dabur India Limited 16 funds

What Changed in the Portfolio This Month?

Comparing Jun 2026 → Jul 2026

Jun 2026 → Jul 2026

🟢 2 New Entries 🔴 4 Exits ↑ 20 Increased ↓ 29 Decreased

#	Stock	Sector	Weight (Jul 2026)
1	Mahindra & Mahindra Financial Services Limited ₹31.37 Cr	Finance	1.01%
2	InterGlobe Aviation Limited ₹26.32 Cr	Transport Services	0.85%

#	Stock	Sector	Last Weight (Jun 2026)
1	Power Finance Corporation Limited ₹31.16 Cr	Finance	1.02%
2	Tata Steel Limited ₹21.22 Cr	Ferrous Metals	0.70%
3	Kotak Mahindra Bank Limited ₹9.26 Cr	Banks	0.30%
4	Dabur India Limited ₹4.43 Cr	Personal Products	0.15%

#	Stock	Sector	Jun 2026	Jul 2026	Change
1	TVS Motor Company Limited ₹84.35 Cr	Automobiles	0.94%	2.72%	+1.78%
2	HDFC Bank Limited ₹159.68 Cr	Banks	3.41%	5.15%	+1.74%
3	The Federal Bank Limited ₹107.95 Cr	Banks	2.31%	3.48%	+1.17%
4	Polycab India Limited ₹51.66 Cr	Industrial Products	0.55%	1.67%	+1.12%
5	CG Power and Industrial Solutions Limited ₹36.69 Cr	Electrical Equipment	0.06%	1.18%	+1.12%
6	Meesho Ltd ₹62.68 Cr	Retailing	0.98%	2.02%	+1.04%
7	ITC Limited ₹35.69 Cr	Diversified FMCG	0.20%	1.15%	+0.95%
8	Axis Bank Limited ₹52.68 Cr	Banks	1.25%	1.70%	+0.45%
9	HDFC Asset Management Company Limited ₹55.45 Cr	Capital Markets	1.41%	1.79%	+0.38%
10	ICICI Bank Limited ₹269.17 Cr	Banks	8.48%	8.69%	+0.21%
11	Lenskart Solutions Limited ₹96.21 Cr	Retailing	2.90%	3.11%	+0.21%
12	Ather Energy Limited ₹35.96 Cr	Automobiles	1.07%	1.16%	+0.09%
13	JSW Steel Limited ₹63.89 Cr	Ferrous Metals	2.03%	2.06%	+0.03%
14	Sun Pharmaceutical Industries Limited ₹22.32 Cr	Pharmaceuticals & Biotechnology	0.69%	0.72%	+0.03%
15	Persistent Systems Limited ₹4.33 Cr	IT - Software	0.11%	0.14%	+0.03%
16	ABB India Limited ₹28.78 Cr	Electrical Equipment	0.91%	0.93%	+0.02%
17	Divi's Laboratories Limited ₹4.73 Cr	Pharmaceuticals & Biotechnology	0.13%	0.15%	+0.02%
18	Oil & Natural Gas Corporation Limited ₹18.86 Cr	Oil	0.60%	0.61%	+0.01%
19	Bharti Airtel Limited ₹9.66 Cr	Telecom - Services	0.30%	0.31%	+0.01%
20	Dixon Technologies (India) Limited ₹1.10 Cr	Consumer Durables	0.03%	0.04%	+0.01%

#	Stock	Sector	Jun 2026	Jul 2026	Change
1	Power Grid Corporation of India Limited ₹25.07 L	Power	2.06%	0.01%	-2.05%
2	Siemens Limited ₹7.48 Cr	Electrical Equipment	2.18%	0.24%	-1.94%
3	Billionbrains Garage Ventures Ltd ₹34.60 Cr	Capital Markets	2.74%	1.12%	-1.62%
4	Tata Consumer Products Limited ₹36.17 Cr	Agricultural Food & other Products	2.67%	1.17%	-1.50%
5	Bharat Heavy Electricals Limited ₹63.04 L	Electrical Equipment	1.21%	0.02%	-1.19%
6	Hindalco Industries Limited ₹38.22 Cr	Non - Ferrous Metals	2.25%	1.23%	-1.02%
7	BSE Limited ₹8.02 Cr	Capital Markets	0.83%	0.26%	-0.57%
8	Tata Power Company Limited ₹79.30 L	Power	0.53%	0.03%	-0.50%
9	Bharat Electronics Limited ₹27.38 L	Aerospace & Defense	0.47%	0.01%	-0.46%
10	GE Vernova T&D India Limited ₹77.69 Cr	Electrical Equipment	2.92%	2.51%	-0.41%
11	Mahindra & Mahindra Limited ₹49.76 Cr	Automobiles	1.85%	1.61%	-0.24%
12	ICICI Prudential Asset Management Company Limited ₹65.77 Cr	Capital Markets	2.30%	2.12%	-0.18%
13	Aditya Infotech Limited ₹53.33 Cr	Industrial Manufacturing	1.89%	1.72%	-0.17%
14	Thermax Limited ₹21.53 Cr	Electrical Equipment	0.85%	0.70%	-0.15%
15	Piramal Finance Ltd ₹57.42 Cr	Finance	1.99%	1.85%	-0.14%
16	Titagarh Rail Systems Limited ₹48.83 Cr	Industrial Manufacturing	1.71%	1.58%	-0.13%
17	Hitachi Energy India Limited ₹33.54 Cr	Electrical Equipment	1.20%	1.08%	-0.12%
18	PB Fintech Limited ₹88.19 Cr	Financial Technology (Fintech)	2.95%	2.85%	-0.10%
19	FSN E-Commerce Ventures Limited ₹56.35 Cr	Retailing	1.92%	1.82%	-0.10%
20	SEDEMAC MECHATRONICS LTD ₹30.48 Cr	Auto Components	1.08%	0.98%	-0.10%
21	Tenneco Clean Air India Limited ₹20.44 Cr	Auto Components	0.74%	0.66%	-0.08%
22	Mankind Pharma Limited ₹37.89 Cr	Pharmaceuticals & Biotechnology	1.28%	1.22%	-0.06%
23	Lupin Limited ₹76.17 Cr	Pharmaceuticals & Biotechnology	2.51%	2.46%	-0.05%
24	City Union Bank Limited ₹33.95 Cr	Banks	1.13%	1.10%	-0.03%
25	Nippon Life India Asset Management Limited ₹31.67 Cr	Capital Markets	1.04%	1.02%	-0.02%
26	Gland Pharma Limited ₹28.26 Cr	Pharmaceuticals & Biotechnology	0.93%	0.91%	-0.02%
27	NTPC Limited ₹12.57 Cr	Power	0.42%	0.41%	-0.01%
28	Reliance Industries Limited ₹11.58 Cr	Petroleum Products	0.38%	0.37%	-0.01%
29	Larsen & Toubro Limited ₹80.16 L	Construction	0.04%	0.03%	-0.01%

What Stocks Does This Fund Hold?

64 stocks — Jul 2026

#	Stock	Sector	Weight & Value
1	ICICI Bank Limited ₹269.17 Cr	Banks	8.69%
2	HDFC Bank Limited ₹159.68 Cr	Banks	5.15%
3	The Federal Bank Limited ₹107.95 Cr	Banks	3.48%
4	Lenskart Solutions Limited ₹96.21 Cr	Retailing	3.11%
5	PB Fintech Limited ₹88.19 Cr	Financial Technology (Fintech)	2.85%
6	TVS Motor Company Limited ₹84.35 Cr	Automobiles	2.72%
7	GE Vernova T&D India Limited ₹77.69 Cr	Electrical Equipment	2.51%
8	Lupin Limited ₹76.17 Cr	Pharmaceuticals & Biotechnology	2.46%
9	ICICI Prudential Asset Management Company Limited ₹65.77 Cr	Capital Markets	2.12%
10	JSW Steel Limited ₹63.89 Cr	Ferrous Metals	2.06%
11	Meesho Ltd ₹62.68 Cr	Retailing	2.02%
12	Piramal Finance Ltd ₹57.42 Cr	Finance	1.85%
13	FSN E-Commerce Ventures Limited ₹56.35 Cr	Retailing	1.82%
14	HDFC Asset Management Company Limited ₹55.45 Cr	Capital Markets	1.79%
15	Aditya Infotech Limited ₹53.33 Cr	Industrial Manufacturing	1.72%
16	Axis Bank Limited ₹52.68 Cr	Banks	1.70%
17	Polycab India Limited ₹51.66 Cr	Industrial Products	1.67%
18	Mahindra & Mahindra Limited ₹49.76 Cr	Automobiles	1.61%
19	Titagarh Rail Systems Limited ₹48.83 Cr	Industrial Manufacturing	1.58%
20	Hindalco Industries Limited ₹38.22 Cr	Non - Ferrous Metals	1.23%
21	Mankind Pharma Limited ₹37.89 Cr	Pharmaceuticals & Biotechnology	1.22%
22	CG Power and Industrial Solutions Limited ₹36.69 Cr	Electrical Equipment	1.18%
23	Tata Consumer Products Limited ₹36.17 Cr	Agricultural Food & other Products	1.17%
24	Ather Energy Limited ₹35.96 Cr	Automobiles	1.16%
25	ITC Limited ₹35.69 Cr	Diversified FMCG	1.15%
26	Billionbrains Garage Ventures Ltd ₹34.60 Cr	Capital Markets	1.12%
27	City Union Bank Limited ₹33.95 Cr	Banks	1.10%
28	Hitachi Energy India Limited ₹33.54 Cr	Electrical Equipment	1.08%
29	Nippon Life India Asset Management Limited ₹31.67 Cr	Capital Markets	1.02%
30	Mahindra & Mahindra Financial Services Limited ₹31.37 Cr	Finance	1.01%
31	SEDEMAC MECHATRONICS LTD ₹30.48 Cr	Auto Components	0.98%
32	ABB India Limited ₹28.78 Cr	Electrical Equipment	0.93%
33	Gland Pharma Limited ₹28.26 Cr	Pharmaceuticals & Biotechnology	0.91%
34	Indian Bank ₹27.99 Cr	Banks	0.90%
35	InterGlobe Aviation Limited ₹26.32 Cr	Transport Services	0.85%
36	Sun Pharmaceutical Industries Limited ₹22.32 Cr	Pharmaceuticals & Biotechnology	0.72%
37	Thermax Limited ₹21.53 Cr	Electrical Equipment	0.70%
38	Tenneco Clean Air India Limited ₹20.44 Cr	Auto Components	0.66%
39	Oil & Natural Gas Corporation Limited ₹18.86 Cr	Oil	0.61%
40	NTPC Limited ₹12.57 Cr	Power	0.41%
41	Reliance Industries Limited ₹11.58 Cr	Petroleum Products	0.37%
42	PNB Housing Finance Limited ₹10.76 Cr	Finance	0.35%
43	Bharti Airtel Limited ₹9.66 Cr	Telecom - Services	0.31%
44	BSE Limited ₹8.02 Cr	Capital Markets	0.26%
45	Siemens Limited ₹7.48 Cr	Electrical Equipment	0.24%
46	Divi's Laboratories Limited ₹4.73 Cr	Pharmaceuticals & Biotechnology	0.15%
47	Persistent Systems Limited ₹4.33 Cr	IT - Software	0.14%
48	State Bank of India ₹2.03 Cr	Banks	0.07%
49	Britannia Industries Limited ₹1.95 Cr	Food Products	0.06%
50	Safari Industries India Ltd ₹1.46 Cr	Consumer Durables	0.05%
51	Multi Commodity Exchange of India Limited ₹1.40 Cr	Capital Markets	0.05%
52	Dixon Technologies (India) Limited ₹1.10 Cr	Consumer Durables	0.04%
53	Max Healthcare Institute Limited ₹1.10 Cr	Healthcare Services	0.04%
54	Larsen & Toubro Limited ₹80.16 L	Construction	0.03%
55	Tata Power Company Limited ₹79.30 L	Power	0.03%
56	Shriram Finance Limited ₹48.49 L	Finance	0.02%
57	Bharat Heavy Electricals Limited ₹63.04 L	Electrical Equipment	0.02%
58	UltraTech Cement Limited ₹74.99 L	Cement & Cement Products	0.02%
59	Godrej Consumer Products Limited ₹76.45 L	Personal Products	0.02%
60	Bharat Electronics Limited ₹27.38 L	Aerospace & Defense	0.01%
61	Power Grid Corporation of India Limited ₹25.07 L	Power	0.01%
62	Infosys Limited ₹14.69 L	IT - Software	0.00%
63	Cholamandalam Investment and Finance Company Ltd ₹11.10 L	Finance	0.00%
64	Blue Star Limited ₹9.25 L	Consumer Durables	0.00%