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HSBC Multi Cap Fund - Direct - Growth

Multi Cap Data as of Jul 2026 Comparing Jun 2026 → Jul 2026
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Stocks Held
101
Jul 2026
Equity Holdings
₹5,880.21 Cr
Equity only, excl. debt & cash
AAUM
₹5,522.53 Cr
Apr-Jun 2026 · Direct + Regular
Top 5 Weight
12.6%
Diversified
Top 10 Weight
21.7%
Diversified
Changes
94
4 new · 1 exits
Top Sector
Banks
15.1% of portfolio
Launch Date
10 Jan 2023
3 years old

AAUM (Average Assets Under Management) of ₹5,522.53 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 Cap Fund made 4 new additions and exited 1 stock this month. The biggest new buy was Mahindra & Mahindra Financial Services Limited (Finance) at 0.98% weight. Jindal Steel Limited was the biggest exit (Ferrous Metals), which was held at 0.48%. Among existing holdings, TVS Motor Company Limited saw the biggest increase — now at 1.21% of the portfolio. Varun Beverages Limited was trimmed the most, now at 0.26%. HDFC Bank Limited remains the top holding with Banks the dominant sector at 15.1%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.
Sector Shift Industry allocation month-over-month
May 2026 Jun 2026
Sector Prev Curr Delta
Banks 14.1% 15.2% +1.0%
Electrical Equipment 10.2% 9.8% -0.3%
Pharmaceuticals & Biotechnology 8.5% 8.8% +0.4%
Industrial Products 6.0% 7.2% +1.2%
Capital Markets 7.7% 6.7% -1.0%
Aerospace & Defense 3.0% 3.9% +0.9%
Automobiles 3.9% 3.7% -0.1%
Construction 3.3% 3.5% +0.2%
Finance 3.3% 3.4% +0.1%
Beverages 3.0% 3.0% 0.0%
Jun 2026 Jul 2026
Sector Prev Curr Delta
Banks 15.2% 15.1% -0.1%
Pharmaceuticals & Biotechnology 8.8% 9.1% +0.3%
Electrical Equipment 9.8% 7.9% -1.9%
Industrial Products 7.2% 6.8% -0.4%
Capital Markets 6.7% 6.0% -0.7%
Automobiles 3.7% 5.1% +1.3%
Finance 3.4% 4.4% +1.0%
Construction 3.5% 3.2% -0.3%
Aerospace & Defense 3.9% 3.0% -0.9%
Healthcare Services 3.0% 2.9% -0.1%
🟢
Biggest New Buy
Mahindra & Mahindra Financial Services Limited
0.98% weight · Finance
🔴
Biggest Exit
Jindal Steel Limited
0.48% was held · Ferrous Metals
Biggest Add
TVS Motor Company Limited
+0.65% · now 1.21%
Biggest Trim
Varun Beverages Limited
-0.96% · now 0.26%
🤝 Other funds also bought this month
Indo-MIM Limited 89 funds
Indo-MIM Limited
LIC MF Value Fund-Direct Plan-Growth
Kotak Transportation & Logistics Fund-Direct Growth
LIC MF Infrastructure Fund-Direct Plan-Growth + more
Bajaj Finance Limited 24 funds
Bajaj Finance Limited
Baroda BNP Paribas Banking & Financial Services Fund
Mirae Asset Nifty Top 20 Equal Weight ETF
ICICI Prudential Active Momentum Fund - Direct Plan - Growth + more
Mahindra & Mahindra Financial Services Limited 22 funds
Mahindra & Mahindra Financial Services Limited
Nippon India Active Momentum Fund-Direct Plan - Growth Option
SBI Quant Fund- Direct Plan- Growth
Tata Banking And Financial Services Fund-Direct Plan-Growth + more
Mphasis Limited 19 funds
Mphasis Limited
Mirae Asset Nifty IT ETF
Axis NIFTY IT ETF
Navi Nifty IT Index Fund + more
👋 Other funds also exited
Jindal Steel Limited 32 funds
Jindal Steel Limited
DSP Natural Resources and New Energy Fund - Direct Plan - Growth
SBI Long Term Advantage Fund - Series IV - Direct Plan - Growth
Samco Large Cap Fund + more

What Changed in the Portfolio This Month?

Comparing Jun 2026 → Jul 2026

Jun 2026 Jul 2026
🟢 4 New Entries 🔴 1 Exit ↑ 35 Increased ↓ 54 Decreased
#StockSectorWeight (Jul 2026)
1
Mahindra & Mahindra Financial Services Limited
₹59.56 Cr
Finance 0.98%
2
Mphasis Limited
₹28.90 Cr
IT - Software 0.48%
3
Bajaj Finance Limited
₹14.73 Cr
Finance 0.24%
4
Indo-MIM Limited
₹10.95 Cr
Industrial Manufacturing 0.18%
#StockSectorLast Weight (Jun 2026)
1
Jindal Steel Limited
₹28.38 Cr
Ferrous Metals 0.48%
#StockSectorJun 2026Jul 2026Change
1
TVS Motor Company Limited
₹73.42 Cr
Automobiles 0.56% 1.21% +0.65%
2
Hero MotoCorp Limited
₹89.69 Cr
Automobiles 0.89% 1.48% +0.59%
3
Tata Motors Ltd
₹90.35 Cr
Agricultural, Commercial & Construction Vehicles 0.99% 1.49% +0.50%
4
Oberoi Realty Limited
₹94.18 Cr
Realty 1.07% 1.55% +0.48%
5
eClerx Services Limited
₹61.87 Cr
Commercial Services & Supplies 0.75% 1.02% +0.27%
6
Divi's Laboratories Limited
₹81.93 Cr
Pharmaceuticals & Biotechnology 1.13% 1.35% +0.22%
7
The Federal Bank Limited
₹167.95 Cr
Banks 2.61% 2.77% +0.16%
8
Karur Vysya Bank Limited
₹86.08 Cr
Banks 1.26% 1.42% +0.16%
9
Tech Mahindra Limited
₹72.19 Cr
IT - Software 1.04% 1.19% +0.15%
10
Radico Khaitan Limited
₹116.41 Cr
Beverages 1.79% 1.92% +0.13%
#StockSectorJun 2026Jul 2026Change
1
Varun Beverages Limited
₹15.79 Cr
Beverages 1.22% 0.26% -0.96%
2
MTAR Technologies Limited
₹40.45 Cr
Aerospace & Defense 1.53% 0.67% -0.86%
3
GE Vernova T&D India Limited
₹76.96 Cr
Electrical Equipment 2.01% 1.27% -0.74%
4
TD Power Systems Limited
₹80.89 Cr
Electrical Equipment 1.93% 1.33% -0.60%
5
Thangamayil Jewellery Limited
₹87.36 Cr
Consumer Durables 1.92% 1.44% -0.48%
6
HDFC Bank Limited
₹192.06 Cr
Banks 3.46% 3.17% -0.29%
7
Nippon Life India Asset Management Limited
₹71.51 Cr
Capital Markets 1.47% 1.18% -0.29%
8
Finolex Cables Limited
₹68.64 Cr
Industrial Products 1.37% 1.13% -0.24%
9
Apar Industries Limited
₹109.78 Cr
Electrical Equipment 2.03% 1.81% -0.22%
10
K.P.R. Mill Limited
₹59.51 Cr
Textiles & Apparels 1.13% 0.98% -0.15%

What Stocks Does This Fund Hold?

101 stocks — Jul 2026

# Stock Sector Cap Weight & Value
1
₹192.06 Cr
Banks
3.17%
2
₹167.95 Cr
Banks
2.77%
3
₹147.59 Cr
Banks
2.43%
4
₹131.70 Cr
Petroleum Products
2.17%
5
₹122.95 Cr
Banks
2.03%
6
₹116.29 Cr
Pharmaceuticals & Biotechnology
1.92%
7
₹116.41 Cr
Beverages
1.92%
8
₹110.75 Cr
Chemicals & Petrochemicals
1.83%
9
₹109.78 Cr
Electrical Equipment
1.81%
10
₹101.12 Cr
Construction
1.67%
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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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