What stocks does HSBC Value Fund hold?

HSBC Value 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 Value Fund?

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

What category is HSBC Value Fund?

HSBC Value Fund is classified as a Value/Contra mutual fund under SEBI's mutual fund categorisation framework.

How often is HSBC Value Fund portfolio data updated?

Portfolio holdings for HSBC Value 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 Value Fund - Direct Growth

Value/Contra Data as of Apr 2026 Comparing Mar 2026 → Apr 2026

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Stocks Held

Apr 2026

Equity Holdings

₹14,542.74 Cr

Equity only, excl. debt & cash

Top 5 Weight

17.4%

Diversified

Top 10 Weight

30.2%

Diversified

Changes

4 new · 0 exits

Top Sector

Banks

22.5% of portfolio

📋 What Happened This Month HSBC Value Fund added 4 new stocks to its portfolio this month. The biggest new buy was Angel One Limited (Capital Markets) at 1.58% weight. Among existing holdings, Power Finance Corporation Limited saw the biggest increase — now at 1.30% of the portfolio. HCL Technologies Limited was trimmed the most, now at 0.47%. State Bank of India remains the top holding with Banks the dominant sector at 22.5%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.

NAV Performance

1 year history · HSBC Value Fund - Direct Growth

-2.86%

+0.86%

-1.24%

+3.21%

Latest NAV

₹124.85

04 Jun 2026

52W High

₹130.09

-4% from High

52W Low

₹101.03

+24% from Low

Calendar Year Returns

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

2025

+8.0%

2024

+27.1%

2023

+40.7%

Rolling Returns

Performance across every possible investment start date.

1Y Rolling Avg

26.7%

+ve in 96% windows

68.6% / -3.0%

3Y Rolling Avg

23.5% p.a.

+ve in 100% windows

25.7% / 19.6%

Crisis Period Behaviour

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

2024–25 Tariff

-19.6%

Rec: Jun 2025 (6 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

Risk Ratios

3 years daily NAV · Risk-free rate 6.5% p.a. What do these mean? →

Sharpe Ratio (3Y)

0.98

Return per unit of risk. >1 is good.

Sortino Ratio (3Y)

1.34

Penalises downside volatility only.

Std Deviation (3Y)

15.7%

Lower = more consistent returns.

NAV Chart ₹124.85 04 Jun 2026

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

HSBC Value Fund - Direct Growth

Chart shows indexed performance (base = 100). Actual NAV: ₹124.85

Sector Shift Industry allocation month-over-month

Earlier shift unavailable

Needs 3 months of holdings data.

Mar 2026 → Apr 2026

Sector	Prev	Curr ▼	Delta
Banks	22.7%	22.5%	▼ -0.2%
Finance	7.4%	8.7%	▲ +1.3%
IT - Software	6.9%	5.6%	▼ -1.3%
Industrial Products	4.3%	4.7%	▲ +0.4%
Construction	4.0%	4.4%	▲ +0.4%
Petroleum Products	4.4%	4.3%	▼ -0.1%
Capital Markets	2.8%	4.1%	▲ +1.3%
Textiles & Apparels	3.3%	4.0%	▲ +0.7%
Non - Ferrous Metals	3.1%	3.5%	▲ +0.4%
Ferrous Metals	3.5%	3.5%	● -0.1%

🟢

Biggest New Buy

Angel One Limited

1.58% weight · Capital Markets

↑

Biggest Add

Power Finance Corporation Limited

+0.77% · now 1.30%

↓

Biggest Trim

HCL Technologies Limited

-0.69% · now 0.47%

🤝 Other funds also bought this month

Trent Limited 53 funds

United Spirits Limited 41 funds

Page Industries Limited 27 funds

Angel One Limited 24 funds

What Changed?

Comparing Mar 2026 → Apr 2026

Mar 2026 → Apr 2026

🟢 4 New Entries ↑ 40 Increased ↓ 36 Decreased

#	Stock	Sector	Weight (Apr 2026)
1	Angel One Limited ₹234.57 Cr	Capital Markets	1.58%
2	Trent Limited ₹139.64 Cr	Retailing	0.94%
3	Page Industries Limited ₹84.02 Cr	Textiles & Apparels	0.56%
4	United Spirits Limited ₹34.87 Cr	Beverages	0.23%

#	Stock	Sector	Mar 2026	Apr 2026	Change
1	Power Finance Corporation Limited ₹193.09 Cr	Finance	0.53%	1.30%	+0.77%
2	Hindalco Industries Limited ₹280.63 Cr	Non - Ferrous Metals	1.34%	1.89%	+0.55%
3	PNB Housing Finance Limited ₹371.98 Cr	Finance	2.01%	2.50%	+0.49%
4	Varun Beverages Limited ₹183.91 Cr	Beverages	0.78%	1.24%	+0.46%
5	Maruti Suzuki India Limited ₹120.70 Cr	Automobiles	0.38%	0.81%	+0.43%
6	HDFC Bank Limited ₹554.70 Cr	Banks	3.33%	3.73%	+0.40%
7	Hindustan Unilever Limited ₹183.47 Cr	Diversified FMCG	0.86%	1.23%	+0.37%
8	ICICI Bank Limited ₹393.82 Cr	Banks	2.33%	2.65%	+0.32%
9	Larsen & Toubro Limited ₹258.98 Cr	Construction	1.42%	1.74%	+0.32%
10	Finolex Cables Limited ₹286.40 Cr	Industrial Products	1.68%	1.93%	+0.25%
11	Power Mech Projects Limited ₹160.04 Cr	Construction	0.84%	1.08%	+0.24%
12	Sapphire Foods India Limited ₹69.62 Cr	Leisure Services	0.24%	0.47%	+0.23%
13	GE Vernova T&D India Limited ₹297.17 Cr	Electrical Equipment	1.81%	2.00%	+0.19%
14	Housing & Urban Development Corporation Limited ₹115.03 Cr	Finance	0.62%	0.77%	+0.15%
15	Globus Spirits Limited ₹108.56 Cr	Beverages	0.59%	0.73%	+0.14%
16	Aditya Birla Real Estate Limited ₹117.25 Cr	Paper, Forest & Jute Products	0.66%	0.79%	+0.13%
17	Siemens Limited ₹129.40 Cr	Electrical Equipment	0.75%	0.87%	+0.12%
18	Meghmani Finechem Limited ₹60.16 Cr	Chemicals & Petrochemicals	0.30%	0.40%	+0.10%
19	PNC Infratech Limited ₹79.05 Cr	Construction	0.44%	0.53%	+0.09%
20	Jindal Saw Limited ₹176.62 Cr	Industrial Products	1.11%	1.19%	+0.08%
21	Sobha Limited ₹152.15 Cr	Realty	0.94%	1.02%	+0.08%
22	Godfrey Phillips India Limited ₹136.79 Cr	Cigarettes & Tobacco Products	0.85%	0.92%	+0.07%
23	PARADEEP PHOSPHATES LIMITED ₹123.00 Cr	Fertilizers & Agrochemicals	0.76%	0.83%	+0.07%
24	Ratnamani Metals & Tubes Ltd. ₹140.55 Cr	Industrial Products	0.88%	0.94%	+0.06%
25	Welspun Living Limited ₹139.53 Cr	Textiles & Apparels	0.88%	0.94%	+0.06%
26	Bharat Bijlee Ltd. ₹37.69 Cr	Electrical Equipment	0.19%	0.25%	+0.06%
27	Oberoi Realty Limited ₹123.19 Cr	Realty	0.78%	0.83%	+0.05%
28	Time Technoplast Limited ₹100.37 Cr	Industrial Products	0.62%	0.67%	+0.05%
29	Vardhman Textiles Limited ₹128.32 Cr	Textiles & Apparels	0.82%	0.86%	+0.04%
30	Brigade Enterprises Limited ₹72.04 Cr	Realty	0.44%	0.48%	+0.04%
31	Nippon Life India Asset Management Limited ₹59.99 Cr	Capital Markets	0.36%	0.40%	+0.04%
32	Thangamayil Jewellery Limited ₹127.51 Cr	Consumer Durables	0.83%	0.86%	+0.03%
33	Pearl Global Industries Limited ₹132.44 Cr	Textiles & Apparels	0.87%	0.89%	+0.02%
34	JK Paper Limited ₹61.35 Cr	Paper, Forest & Jute Products	0.39%	0.41%	+0.02%
35	Hindustan Petroleum Corporation Limited ₹155.76 Cr	Petroleum Products	1.04%	1.05%	+0.01%
36	K.P.R. Mill Limited ₹110.66 Cr	Textiles & Apparels	0.73%	0.74%	+0.01%
37	Senores Pharmaceuticals Ltd ₹42.32 Cr	Pharmaceuticals & Biotechnology	0.27%	0.28%	+0.01%
38	HDB Financial Services Limited ₹36.02 Cr	Finance	0.23%	0.24%	+0.01%
39	JK Lakshmi Cement Limited ₹30.08 Cr	Cement & Cement Products	0.19%	0.20%	+0.01%
40	Somany Ceramics Ltd ₹16.93 Cr	Consumer Durables	0.10%	0.11%	+0.01%

#	Stock	Sector	Mar 2026	Apr 2026	Change
1	HCL Technologies Limited ₹69.18 Cr	IT - Software	1.16%	0.47%	-0.69%
2	Oil India Limited ₹206.88 Cr	Oil	2.02%	1.39%	-0.63%
3	Mahindra & Mahindra Limited ₹95.32 Cr	Automobiles	1.05%	0.64%	-0.41%
4	Infosys Limited ₹306.92 Cr	IT - Software	2.43%	2.06%	-0.37%
5	Karur Vysya Bank Limited ₹463.65 Cr	Banks	3.42%	3.12%	-0.30%
6	Multi Commodity Exchange of India Limited ₹317.97 Cr	Capital Markets	2.44%	2.14%	-0.30%
7	Punjab National Bank ₹246.97 Cr	Banks	1.92%	1.66%	-0.26%
8	Indian Bank ₹291.23 Cr	Banks	2.16%	1.96%	-0.20%
9	KEC International Limited ₹112.46 Cr	Construction	0.94%	0.76%	-0.18%
10	Reliance Industries Limited ₹480.52 Cr	Petroleum Products	3.38%	3.23%	-0.15%
11	Hero MotoCorp Limited ₹212.54 Cr	Automobiles	1.58%	1.43%	-0.15%
12	The Ramco Cements Limited ₹217.36 Cr	Cement & Cement Products	1.60%	1.46%	-0.14%
13	National Aluminium Company Limited ₹243.11 Cr	Non - Ferrous Metals	1.76%	1.63%	-0.13%
14	NTPC Limited ₹515.10 Cr	Power	3.58%	3.46%	-0.12%
15	Zensar Technologies Limited ₹85.46 Cr	IT - Software	0.68%	0.57%	-0.11%
16	Shriram Finance Limited ₹421.20 Cr	Finance	2.93%	2.83%	-0.10%
17	Coromandel International Limited ₹192.72 Cr	Fertilizers & Agrochemicals	1.39%	1.30%	-0.09%
18	State Bank of India ₹569.79 Cr	Banks	3.91%	3.83%	-0.08%
19	Tech Mahindra Limited ₹276.40 Cr	IT - Software	1.94%	1.86%	-0.08%
20	Bharti Airtel Limited ₹233.51 Cr	Telecom - Services	1.65%	1.57%	-0.08%
21	Sun Pharmaceutical Industries Limited ₹154.07 Cr	Pharmaceuticals & Biotechnology	1.12%	1.04%	-0.08%
22	Balrampur Chini Mills Limited ₹169.72 Cr	Agricultural Food & other Products	1.21%	1.14%	-0.07%
23	KNR Constructions Limited ₹40.00 Cr	Construction	0.34%	0.27%	-0.07%
24	VIP Industries Limited ₹45.94 Cr	Consumer Durables	0.35%	0.31%	-0.04%
25	Jindal Stainless Limited ₹189.72 Cr	Ferrous Metals	1.31%	1.28%	-0.03%
26	CCL Products (India) Limited ₹156.73 Cr	Agricultural Food & other Products	1.08%	1.05%	-0.03%
27	Wipro Limited ₹93.68 Cr	IT - Software	0.66%	0.63%	-0.03%
28	Bayer Cropscience Limited ₹65.05 Cr	Fertilizers & Agrochemicals	0.47%	0.44%	-0.03%
29	Jindal Steel Limited ₹251.62 Cr	Ferrous Metals	1.71%	1.69%	-0.02%
30	Axis Bank Limited ₹178.77 Cr	Banks	1.22%	1.20%	-0.02%
31	Can Fin Homes Limited ₹160.43 Cr	Finance	1.10%	1.08%	-0.02%
32	Canara Bank ₹141.34 Cr	Banks	0.97%	0.95%	-0.02%
33	Kotak Mahindra Bank Limited ₹108.79 Cr	Banks	0.75%	0.73%	-0.02%
34	The Federal Bank Limited ₹402.69 Cr	Banks	2.72%	2.71%	-0.01%
35	Birla Corporation Limited ₹97.48 Cr	Cement & Cement Products	0.67%	0.66%	-0.01%
36	Jubilant Foodworks Limited ₹90.77 Cr	Leisure Services	0.62%	0.61%	-0.01%

Full Portfolio

81 stocks — Apr 2026

#	Stock	Sector	Weight & Value
1	State Bank of India ₹569.79 Cr	Banks	3.83%
2	HDFC Bank Limited ₹554.70 Cr	Banks	3.73%
3	NTPC Limited ₹515.10 Cr	Power	3.46%
4	Reliance Industries Limited ₹480.52 Cr	Petroleum Products	3.23%
5	Karur Vysya Bank Limited ₹463.65 Cr	Banks	3.12%
6	Shriram Finance Limited ₹421.20 Cr	Finance	2.83%
7	The Federal Bank Limited ₹402.69 Cr	Banks	2.71%
8	ICICI Bank Limited ₹393.82 Cr	Banks	2.65%
9	PNB Housing Finance Limited ₹371.98 Cr	Finance	2.50%
10	Multi Commodity Exchange of India Limited ₹317.97 Cr	Capital Markets	2.14%
11	Infosys Limited ₹306.92 Cr	IT - Software	2.06%
12	GE Vernova T&D India Limited ₹297.17 Cr	Electrical Equipment	2.00%
13	Indian Bank ₹291.23 Cr	Banks	1.96%
14	Finolex Cables Limited ₹286.40 Cr	Industrial Products	1.93%
15	Hindalco Industries Limited ₹280.63 Cr	Non - Ferrous Metals	1.89%
16	Tech Mahindra Limited ₹276.40 Cr	IT - Software	1.86%
17	Larsen & Toubro Limited ₹258.98 Cr	Construction	1.74%
18	Jindal Steel Limited ₹251.62 Cr	Ferrous Metals	1.69%
19	Punjab National Bank ₹246.97 Cr	Banks	1.66%
20	National Aluminium Company Limited ₹243.11 Cr	Non - Ferrous Metals	1.63%
21	Angel One Limited ₹234.57 Cr	Capital Markets	1.58%
22	Bharti Airtel Limited ₹233.51 Cr	Telecom - Services	1.57%
23	The Ramco Cements Limited ₹217.36 Cr	Cement & Cement Products	1.46%
24	Hero MotoCorp Limited ₹212.54 Cr	Automobiles	1.43%
25	Oil India Limited ₹206.88 Cr	Oil	1.39%
26	Power Finance Corporation Limited ₹193.09 Cr	Finance	1.30%
27	Coromandel International Limited ₹192.72 Cr	Fertilizers & Agrochemicals	1.30%
28	Jindal Stainless Limited ₹189.72 Cr	Ferrous Metals	1.28%
29	Varun Beverages Limited ₹183.91 Cr	Beverages	1.24%
30	Hindustan Unilever Limited ₹183.47 Cr	Diversified FMCG	1.23%
31	Axis Bank Limited ₹178.77 Cr	Banks	1.20%
32	Jindal Saw Limited ₹176.62 Cr	Industrial Products	1.19%
33	Balrampur Chini Mills Limited ₹169.72 Cr	Agricultural Food & other Products	1.14%
34	Can Fin Homes Limited ₹160.43 Cr	Finance	1.08%
35	Power Mech Projects Limited ₹160.04 Cr	Construction	1.08%
36	CCL Products (India) Limited ₹156.73 Cr	Agricultural Food & other Products	1.05%
37	Hindustan Petroleum Corporation Limited ₹155.76 Cr	Petroleum Products	1.05%
38	Sun Pharmaceutical Industries Limited ₹154.07 Cr	Pharmaceuticals & Biotechnology	1.04%
39	Sobha Limited ₹152.15 Cr	Realty	1.02%
40	Canara Bank ₹141.34 Cr	Banks	0.95%
41	Ratnamani Metals & Tubes Ltd. ₹140.55 Cr	Industrial Products	0.94%
42	Welspun Living Limited ₹139.53 Cr	Textiles & Apparels	0.94%
43	Trent Limited ₹139.64 Cr	Retailing	0.94%
44	Godfrey Phillips India Limited ₹136.79 Cr	Cigarettes & Tobacco Products	0.92%
45	Pearl Global Industries Limited ₹132.44 Cr	Textiles & Apparels	0.89%
46	Siemens Limited ₹129.40 Cr	Electrical Equipment	0.87%
47	Vardhman Textiles Limited ₹128.32 Cr	Textiles & Apparels	0.86%
48	Thangamayil Jewellery Limited ₹127.51 Cr	Consumer Durables	0.86%
49	Oberoi Realty Limited ₹123.19 Cr	Realty	0.83%
50	PARADEEP PHOSPHATES LIMITED ₹123.00 Cr	Fertilizers & Agrochemicals	0.83%
51	Maruti Suzuki India Limited ₹120.70 Cr	Automobiles	0.81%
52	Aditya Birla Real Estate Limited ₹117.25 Cr	Paper, Forest & Jute Products	0.79%
53	Housing & Urban Development Corporation Limited ₹115.03 Cr	Finance	0.77%
54	KEC International Limited ₹112.46 Cr	Construction	0.76%
55	K.P.R. Mill Limited ₹110.66 Cr	Textiles & Apparels	0.74%
56	Kotak Mahindra Bank Limited ₹108.79 Cr	Banks	0.73%
57	Globus Spirits Limited ₹108.56 Cr	Beverages	0.73%
58	Time Technoplast Limited ₹100.37 Cr	Industrial Products	0.67%
59	Birla Corporation Limited ₹97.48 Cr	Cement & Cement Products	0.66%
60	Mahindra & Mahindra Limited ₹95.32 Cr	Automobiles	0.64%
61	Wipro Limited ₹93.68 Cr	IT - Software	0.63%
62	Jubilant Foodworks Limited ₹90.77 Cr	Leisure Services	0.61%
63	Zensar Technologies Limited ₹85.46 Cr	IT - Software	0.57%
64	Page Industries Limited ₹84.02 Cr	Textiles & Apparels	0.56%
65	PNC Infratech Limited ₹79.05 Cr	Construction	0.53%
66	Tata Steel Limited ₹77.29 Cr	Ferrous Metals	0.52%
67	Brigade Enterprises Limited ₹72.04 Cr	Realty	0.48%
68	Sapphire Foods India Limited ₹69.62 Cr	Leisure Services	0.47%
69	HCL Technologies Limited ₹69.18 Cr	IT - Software	0.47%
70	Bayer Cropscience Limited ₹65.05 Cr	Fertilizers & Agrochemicals	0.44%
71	JK Paper Limited ₹61.35 Cr	Paper, Forest & Jute Products	0.41%
72	Meghmani Finechem Limited ₹60.16 Cr	Chemicals & Petrochemicals	0.40%
73	Nippon Life India Asset Management Limited ₹59.99 Cr	Capital Markets	0.40%
74	VIP Industries Limited ₹45.94 Cr	Consumer Durables	0.31%
75	Senores Pharmaceuticals Ltd ₹42.32 Cr	Pharmaceuticals & Biotechnology	0.28%
76	KNR Constructions Limited ₹40.00 Cr	Construction	0.27%
77	Bharat Bijlee Ltd. ₹37.69 Cr	Electrical Equipment	0.25%
78	HDB Financial Services Limited ₹36.02 Cr	Finance	0.24%
79	United Spirits Limited ₹34.87 Cr	Beverages	0.23%
80	JK Lakshmi Cement Limited ₹30.08 Cr	Cement & Cement Products	0.20%
81	Somany Ceramics Ltd ₹16.93 Cr	Consumer Durables	0.11%