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HSBC Multi Cap Fund - Direct - Growth

Multi Cap Data as of May 2026 Comparing Apr 2026 → May 2026
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Stocks Held
99
May 2026
Equity Holdings
₹5,595.08 Cr
Equity only, excl. debt & cash
Top 5 Weight
13.3%
Diversified
Top 10 Weight
23.2%
Diversified
Changes
95
7 new · 4 exits
Top Sector
Banks
14.1% of portfolio
📋 What Happened This Month HSBC Multi Cap Fund made 7 new additions and exited 4 stocks this month. The biggest new buy was Bharat Heavy Electricals Limited (Electrical Equipment) at 1.03% weight. Punjab National Bank was the biggest exit (Banks), which was held at 0.55%. Among existing holdings, HDFC Bank Limited saw the biggest increase — now at 3.16% of the portfolio. State Bank of India was trimmed the most, now at 2.05%. HDFC Bank Limited remains the top holding with Banks the dominant sector at 14.1%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.
Sector Shift Industry allocation month-over-month
Mar 2026 Apr 2026
Sector Prev Curr Delta
Banks 14.7% 15.1% +0.5%
Electrical Equipment 6.7% 7.8% +1.1%
Pharmaceuticals & Biotechnology 6.9% 6.6% -0.3%
Capital Markets 5.0% 6.1% +1.1%
Industrial Products 5.1% 5.4% +0.3%
Automobiles 5.1% 4.3% -0.8%
Finance 3.6% 3.7% +0.0%
Construction 3.1% 3.2% +0.1%
Petroleum Products 3.4% 3.2% -0.2%
Beverages 2.4% 3.0% +0.6%
Apr 2026 May 2026
Sector Prev Curr Delta
Banks 15.1% 14.1% -1.0%
Electrical Equipment 7.8% 10.2% +2.3%
Pharmaceuticals & Biotechnology 6.6% 8.5% +1.9%
Capital Markets 6.1% 7.7% +1.6%
Industrial Products 5.4% 6.0% +0.6%
Automobiles 4.3% 3.9% -0.5%
Construction 3.2% 3.3% +0.1%
Finance 3.7% 3.3% -0.4%
Aerospace & Defense 2.5% 3.0% +0.5%
Beverages 3.0% 3.0% +0.0%
🟢
Biggest New Buy
Bharat Heavy Electricals Limited
1.03% weight · Electrical Equipment
🔴
Biggest Exit
Punjab National Bank
0.55% was held · Banks
Biggest Add
HDFC Bank Limited
+0.53% · now 3.16%
Biggest Trim
State Bank of India
-0.81% · now 2.05%
🤝 Other funds also bought this month
Billionbrains Garage Ventures Ltd 66 funds
Billionbrains Garage Ventures Ltd
Motilal Oswal Financial Services Fund- Direct Growth
Axis Nifty Capital Markets Index Fund
Canara Robeco Mid Cap Fund- Direct Plan- Growth Option + more
Angel One Limited 26 funds
Angel One Limited
Axis Nifty Capital Markets Index Fund
ICICI Prudential Exports and Services Fund
BAJAJ FINSERV SMALL CAP FUND - DIRECT - GROWTH + more
Bharat Heavy Electricals Limited 26 funds
Bharat Heavy Electricals Limited
Samco Large & Mid Cap Fund
Motilal Oswal Active Momentum Fund- Direct-Growth
Mirae Asset Multicap Fund - Direct Plan - Growth + more
Torrent Pharmaceuticals Limited 22 funds
Torrent Pharmaceuticals Limited
Bandhan Nifty100 Low Volatility 30 Index Fund
Mirae Asset Nifty 100 Low Volatility 30 ETF
JM Large and Midcap Fund + more
Siemens Energy India Limited 21 funds
Siemens Energy India Limited
Nippon India Medium to Long Duration Fund - Direct Plan Growth Plan - Growth Option
LIC MF Focused Fund-Direct Plan-Growth
HDFC MNC Fund - Growth Option - Direct Plan + more
Thermax Limited 14 funds
Thermax Limited
Motilal Oswal Infrastructure Fund-Direct-Growth
Motilal Oswal Manufacturing Fund - Direct Plan- Growth
Bajaj Finserv Flexi Cap Fund-Direct Plan-Growth + more
👋 Other funds also exited
Godrej Consumer Products Limited 18 funds
Godrej Consumer Products Limited
BARODA BNP PARIBAS India Consumption Fund - Direct Plan - Growth Option
Aditya Birla Sun Life Business Cycle Fund-Direct Growth
Union Consumption Fund - Direct Plan - Growth Option + more
Ashok Leyland Limited 9 funds
Ashok Leyland Limited
SBI Quant Fund- Direct Plan- Growth
CAPITALMIND FLEXI CAP FUND DIRECT GROWTH
Union Active Momentum Fund - Direct Plan - Growth Option + more
Punjab National Bank 4 funds
Punjab National Bank
Bandhan Nifty 500 Value 50 Index Fund
Franklin India Multi-Factor Fund- Direct- Growth
SBI Multicap Fund- Direct Plan- Growth option + more
Firstsource Solutions Limited 2 funds
Firstsource Solutions Limited
HSBC Balanced Advantage Fund - Direct Growth
HDFC NIFTY Midcap 150 Index Fund - Growth Option - Direct Plan

What Changed in the Portfolio This Month?

Comparing Apr 2026 → May 2026

Apr 2026 May 2026
🟢 7 New Entries 🔴 4 Exits ↑ 34 Increased ↓ 50 Decreased
#StockSectorWeight (May 2026)
1
Bharat Heavy Electricals Limited
₹57.77 Cr
Electrical Equipment 1.03%
2
Torrent Pharmaceuticals Limited
₹54.26 Cr
Pharmaceuticals & Biotechnology 0.97%
3
Siemens Energy India Limited
₹46.31 Cr
Electrical Equipment 0.82%
4
Billionbrains Garage Ventures Ltd
₹43.93 Cr
Capital Markets 0.78%
5
Vijaya Diagnostic Centre Limited
₹42.11 Cr
Healthcare Services 0.75%
6
Thermax Limited
₹29.10 Cr
Electrical Equipment 0.52%
7
Angel One Limited
₹27.36 Cr
Capital Markets 0.49%
#StockSectorLast Weight (Apr 2026)
1
Punjab National Bank
₹30.40 Cr
Banks 0.55%
2
Ashok Leyland Limited
₹17.13 Cr
Agricultural, Commercial & Construction Vehicles 0.31%
3
Godrej Consumer Products Limited
₹11.20 Cr
Personal Products 0.20%
4
Firstsource Solutions Limited
₹8.21 Cr
Commercial Services & Supplies 0.15%
#StockSectorApr 2026May 2026Change
1
HDFC Bank Limited
₹177.84 Cr
Banks 2.63% 3.16% +0.53%
2
Navin Fluorine International Limited
₹104.34 Cr
Chemicals & Petrochemicals 1.42% 1.86% +0.44%
3
Lupin Limited
₹93.08 Cr
Pharmaceuticals & Biotechnology 1.25% 1.66% +0.41%
4
Finolex Cables Limited
₹78.98 Cr
Industrial Products 1.07% 1.41% +0.34%
5
MTAR Technologies Limited
₹109.29 Cr
Aerospace & Defense 1.63% 1.94% +0.31%
6
IPCA Laboratories Limited
₹67.71 Cr
Pharmaceuticals & Biotechnology 0.96% 1.20% +0.24%
7
BSE Limited
₹125.25 Cr
Capital Markets 2.00% 2.23% +0.23%
8
Power Mech Projects Limited
₹38.61 Cr
Construction 0.46% 0.69% +0.23%
9
Hindustan Aeronautics Limited
₹60.92 Cr
Aerospace & Defense 0.89% 1.08% +0.19%
10
Cummins India Limited
₹89.45 Cr
Industrial Products 1.46% 1.59% +0.13%
#StockSectorApr 2026May 2026Change
1
State Bank of India
₹115.41 Cr
Banks 2.86% 2.05% -0.81%
2
Infosys Limited
₹29.68 Cr
IT - Software 1.08% 0.53% -0.55%
3
Oil India Limited
₹41.71 Cr
Oil 1.21% 0.74% -0.47%
4
Britannia Industries Limited
₹32.61 Cr
Food Products 0.97% 0.58% -0.39%
5
Kaynes Technology India Limited
₹21.35 Cr
Industrial Manufacturing 0.76% 0.38% -0.38%
6
TVS Motor Company Limited
₹32.17 Cr
Automobiles 0.89% 0.57% -0.32%
7
Reliance Industries Limited
₹161.09 Cr
Petroleum Products 3.17% 2.87% -0.30%
8
Shriram Finance Limited
₹68.90 Cr
Finance 1.44% 1.23% -0.21%
9
Jubilant Foodworks Limited
₹54.93 Cr
Leisure Services 1.12% 0.98% -0.14%
10
CCL Products (India) Limited
₹64.33 Cr
Agricultural Food & other Products 1.26% 1.14% -0.12%

What Stocks Does This Fund Hold?

99 stocks — May 2026

# Stock Sector Cap Weight & Value
1
₹177.84 Cr
Banks
3.16%
2
₹161.09 Cr
Petroleum Products
2.87%
3
₹142.55 Cr
Electrical Equipment
2.54%
4
₹135.23 Cr
Banks
2.41%
5
₹128.59 Cr
Electrical Equipment
2.29%
6
₹125.25 Cr
Capital Markets
2.23%
7
₹115.41 Cr
Banks
2.05%
8
₹109.29 Cr
Aerospace & Defense
1.94%
9
₹104.34 Cr
Chemicals & Petrochemicals
1.86%
10
₹102.75 Cr
Banks
1.83%
🏆 Top stocks held by Multi Cap funds
See which stocks all active Multi Cap fund managers are buying — ranked by total value invested
🏦 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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