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 Aug 2026 Comparing Jul 2026 → Aug 2026

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Stocks Held

Aug 2026

Equity Holdings

₹14,827.26 Cr

Equity only, excl. debt & cash

AAUM

₹14,327.34 Cr

Apr-Jun 2026 · Direct + Regular

Top 5 Weight

18.5%

Diversified

Top 10 Weight

30.9%

Diversified

Changes

2 new · 2 exits

Top Sector

Banks

24.5% of portfolio

Launch Date

16 Nov 2009

10+ year track record

AAUM (Average Assets Under Management) of ₹14,327.34 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 Value Fund made 2 new additions and exited 2 stocks this month. The biggest new buy was Manipal Health Enterprises Ltd (Healthcare Services) at 0.50% weight. Power Finance Corporation Limited was the biggest exit (Finance), which was held at 1.22%. Among existing holdings, Balrampur Chini Mills Limited saw the biggest increase — now at 2.32% of the portfolio. NTPC Limited was trimmed the most, now at 1.55%. ICICI Bank Limited remains the top holding with Banks the dominant sector at 24.5%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.

How Has the NAV Performed?

1 year history · HSBC Value Fund - Direct Growth

-1.86%

+0.65%

+5.36%

+4.50%

Latest NAV

₹127.69

11 Sep 2026

52W High

₹131.41

-3% from High

52W Low

₹104.20

+23% 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

24.5%

+ve in 96% windows

68.6% / -3.0%

3Y Rolling Avg

22.4% p.a.

+ve in 100% windows

25.7% / 18.4%

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. · CAGR, Sharpe Ratio & Standard Deviation — Mutual Fund Guide →

Sharpe Ratio (3Y)

0.74

Return per unit of risk. >1 is good.

Sortino Ratio (3Y)

1.01

Penalises downside volatility only.

Std Deviation (3Y)

15.9%

Lower = more consistent returns.

NAV Chart ₹127.69 11 Sep 2026

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

HSBC Value Fund - Direct Growth

Chart shows indexed performance (base = 100). Actual NAV: ₹127.69

Sector Shift Industry allocation month-over-month

Jun 2026 → Jul 2026

Sector	Prev	Curr ▼	Delta
Banks	24.5%	24.9%	▲ +0.4%
Finance	8.0%	9.0%	▲ +1.0%
Textiles & Apparels	6.4%	6.0%	▼ -0.4%
Industrial Products	5.3%	4.9%	▼ -0.4%
Construction	5.1%	4.8%	▼ -0.3%
Automobiles	4.1%	4.7%	▲ +0.6%
Petroleum Products	4.0%	4.0%	● 0.0%
IT - Software	3.6%	3.9%	▲ +0.3%
Capital Markets	4.2%	3.3%	▼ -0.8%
Power	3.1%	3.0%	▼ -0.1%

Jul 2026 → Aug 2026

Sector	Prev	Curr ▼	Delta
Banks	24.9%	24.5%	▼ -0.4%
Finance	9.0%	7.9%	▼ -1.2%
Textiles & Apparels	6.0%	6.6%	▲ +0.6%
Industrial Products	4.9%	5.6%	▲ +0.7%
Automobiles	4.7%	4.5%	▼ -0.2%
Construction	4.8%	4.3%	▼ -0.5%
Petroleum Products	4.0%	3.8%	▼ -0.2%
IT - Software	3.9%	3.7%	▼ -0.1%
Agricultural Food & other Products	2.4%	3.3%	▲ +0.9%
Capital Markets	3.3%	2.9%	▼ -0.4%

🟢

Biggest New Buy

Manipal Health Enterprises Ltd

0.50% weight · Healthcare Services

🔴

Biggest Exit

Power Finance Corporation Limited

1.22% was held · Finance

↑

Biggest Add

Balrampur Chini Mills Limited

+0.97% · now 2.32%

↓

Biggest Trim

NTPC Limited

-1.44% · now 1.55%

🤝 Other funds also bought this month

Manipal Health Enterprises Ltd 25 funds

Shriram Pistons & Rings Limited 25 funds

👋 Other funds also exited

Power Finance Corporation Limited 51 funds

Varun Beverages Limited 25 funds

What Changed in the Portfolio This Month?

Comparing Jul 2026 → Aug 2026

Jul 2026 → Aug 2026

🟢 2 New Entries 🔴 2 Exits ↑ 33 Increased ↓ 44 Decreased

#	Stock	Sector	Weight (Aug 2026)
1	Manipal Health Enterprises Ltd ₹77.03 Cr	Healthcare Services	0.50%
2	Shriram Pistons & Rings Limited ₹22.73 Cr	Auto Components	0.15%

#	Stock	Sector	Last Weight (Jul 2026)
1	Power Finance Corporation Limited ₹182.73 Cr	Finance	1.22%
2	Varun Beverages Limited ₹40.98 Cr	Beverages	0.27%

#	Stock	Sector	Jul 2026	Aug 2026	Change
1	Balrampur Chini Mills Limited ₹356.65 Cr	Agricultural Food & other Products	1.35%	2.32%	+0.97%
2	Jubilant Foodworks Limited ₹170.67 Cr	Leisure Services	0.55%	1.11%	+0.56%
3	Tata Motors Ltd ₹155.97 Cr	Agricultural, Commercial & Construction Vehicles	0.49%	1.01%	+0.52%
4	Sapphire Foods India Limited ₹135.14 Cr	Leisure Services	0.42%	0.88%	+0.46%
5	Finolex Cables Limited ₹374.10 Cr	Industrial Products	1.98%	2.43%	+0.45%
6	Multi Commodity Exchange of India Limited ₹225.87 Cr	Capital Markets	1.19%	1.47%	+0.28%
7	Welspun Living Limited ₹212.29 Cr	Textiles & Apparels	1.13%	1.38%	+0.25%
8	Jindal Saw Limited ₹245.53 Cr	Industrial Products	1.36%	1.60%	+0.24%
9	INDO COUNT INDUSTRIES LIMITED ₹109.61 Cr	Textiles & Apparels	0.50%	0.71%	+0.21%
10	United Spirits Limited ₹155.33 Cr	Beverages	0.81%	1.01%	+0.20%
11	Pearl Global Industries Limited ₹212.47 Cr	Textiles & Apparels	1.19%	1.38%	+0.19%
12	PNB Housing Finance Limited ₹408.64 Cr	Finance	2.50%	2.66%	+0.16%
13	Brigade Enterprises Limited ₹96.58 Cr	Realty	0.47%	0.63%	+0.16%
14	K.P.R. Mill Limited ₹201.70 Cr	Textiles & Apparels	1.20%	1.31%	+0.11%
15	Indian Bank ₹307.26 Cr	Banks	1.91%	2.00%	+0.09%
16	Shriram Finance Limited ₹345.49 Cr	Finance	2.17%	2.25%	+0.08%
17	Ratnamani Metals & Tubes Ltd. ₹140.80 Cr	Industrial Products	0.84%	0.92%	+0.08%
18	Jindal Steel Limited ₹203.29 Cr	Ferrous Metals	1.25%	1.32%	+0.07%
19	PARADEEP PHOSPHATES LIMITED ₹152.64 Cr	Fertilizers & Agrochemicals	0.94%	0.99%	+0.05%
20	Siemens Limited ₹136.94 Cr	Electrical Equipment	0.85%	0.89%	+0.04%
21	Axis Bank Limited ₹183.24 Cr	Banks	1.16%	1.19%	+0.03%
22	Can Fin Homes Limited ₹161.01 Cr	Finance	1.02%	1.05%	+0.03%
23	Kotak Mahindra Bank Limited ₹119.04 Cr	Banks	0.74%	0.77%	+0.03%
24	National Aluminium Company Limited ₹71.71 Cr	Non - Ferrous Metals	0.44%	0.47%	+0.03%
25	Meghmani Finechem Limited ₹59.55 Cr	Chemicals & Petrochemicals	0.36%	0.39%	+0.03%
26	State Bank of India ₹487.42 Cr	Banks	3.15%	3.17%	+0.02%
27	Larsen & Toubro Limited ₹331.56 Cr	Construction	2.15%	2.16%	+0.01%
28	Thangamayil Jewellery Limited ₹174.44 Cr	Consumer Durables	1.12%	1.13%	+0.01%
29	GE Vernova T&D India Limited ₹173.04 Cr	Electrical Equipment	1.12%	1.13%	+0.01%
30	Hindalco Industries Limited ₹115.76 Cr	Non - Ferrous Metals	0.74%	0.75%	+0.01%
31	Globus Spirits Limited ₹90.00 Cr	Beverages	0.58%	0.59%	+0.01%
32	Oil India Limited ₹80.26 Cr	Oil	0.51%	0.52%	+0.01%
33	Somany Ceramics Ltd ₹20.36 Cr	Consumer Durables	0.12%	0.13%	+0.01%

#	Stock	Sector	Jul 2026	Aug 2026	Change
1	NTPC Limited ₹238.53 Cr	Power	2.99%	1.55%	-1.44%
2	Angel One Limited ₹193.17 Cr	Capital Markets	1.95%	1.26%	-0.69%
3	Coromandel International Limited ₹105.79 Cr	Fertilizers & Agrochemicals	1.07%	0.69%	-0.38%
4	HDFC Bank Limited ₹638.68 Cr	Banks	4.50%	4.15%	-0.35%
5	PNC Infratech Limited ₹52.18 Cr	Construction	0.61%	0.34%	-0.27%
6	Bharti Airtel Limited ₹188.02 Cr	Telecom - Services	1.37%	1.22%	-0.15%
7	Housing & Urban Development Corporation Limited ₹81.77 Cr	Finance	0.68%	0.53%	-0.15%
8	KEC International Limited ₹60.61 Cr	Construction	0.54%	0.39%	-0.15%
9	Reliance Industries Limited ₹428.87 Cr	Petroleum Products	2.93%	2.79%	-0.14%
10	Maruti Suzuki India Limited ₹229.56 Cr	Automobiles	1.61%	1.49%	-0.12%
11	Page Industries Limited ₹123.91 Cr	Textiles & Apparels	0.93%	0.81%	-0.12%
12	The Federal Bank Limited ₹518.32 Cr	Banks	3.48%	3.37%	-0.11%
13	Hindustan Unilever Limited ₹160.36 Cr	Diversified FMCG	1.14%	1.04%	-0.10%
14	Sobha Limited ₹133.31 Cr	Realty	0.97%	0.87%	-0.10%
15	The Ramco Cements Limited ₹204.45 Cr	Cement & Cement Products	1.42%	1.33%	-0.09%
16	Trent Limited ₹193.24 Cr	Retailing	1.35%	1.26%	-0.09%
17	Hindustan Petroleum Corporation Limited ₹152.10 Cr	Petroleum Products	1.08%	0.99%	-0.09%
18	CCL Products (India) Limited ₹149.10 Cr	Agricultural Food & other Products	1.06%	0.97%	-0.09%
19	Time Technoplast Limited ₹97.35 Cr	Industrial Products	0.72%	0.63%	-0.09%
20	Tech Mahindra Limited ₹305.38 Cr	IT - Software	2.07%	1.99%	-0.08%
21	Jindal Stainless Limited ₹173.59 Cr	Ferrous Metals	1.21%	1.13%	-0.08%
22	Mahindra & Mahindra Financial Services Limited ₹173.97 Cr	Finance	1.20%	1.13%	-0.07%
23	Mahindra & Mahindra Limited ₹138.65 Cr	Automobiles	0.96%	0.90%	-0.06%
24	ICICI Bank Limited ₹644.95 Cr	Banks	4.25%	4.20%	-0.05%
25	Power Mech Projects Limited ₹177.74 Cr	Construction	1.21%	1.16%	-0.05%
26	Vardhman Textiles Limited ₹154.51 Cr	Textiles & Apparels	1.06%	1.01%	-0.05%
27	Aditya Birla Real Estate Limited ₹91.07 Cr	Paper, Forest & Jute Products	0.64%	0.59%	-0.05%
28	ITC Limited ₹66.08 Cr	Diversified FMCG	0.48%	0.43%	-0.05%
29	Karur Vysya Bank Limited ₹549.11 Cr	Banks	3.61%	3.57%	-0.04%
30	Bayer Cropscience Limited ₹54.22 Cr	Fertilizers & Agrochemicals	0.39%	0.35%	-0.04%
31	Hero MotoCorp Limited ₹318.60 Cr	Automobiles	2.10%	2.07%	-0.03%
32	Sun Pharmaceutical Industries Limited ₹169.11 Cr	Pharmaceuticals & Biotechnology	1.13%	1.10%	-0.03%
33	Godfrey Phillips India Limited ₹127.91 Cr	Cigarettes & Tobacco Products	0.86%	0.83%	-0.03%
34	Birla Corporation Limited ₹93.54 Cr	Cement & Cement Products	0.64%	0.61%	-0.03%
35	HCL Technologies Limited ₹75.71 Cr	IT - Software	0.52%	0.49%	-0.03%
36	Bharat Bijlee Ltd. ₹40.58 Cr	Electrical Equipment	0.29%	0.26%	-0.03%
37	Infosys Limited ₹140.73 Cr	IT - Software	0.94%	0.92%	-0.02%
38	Eris Lifesciences Limited ₹57.70 Cr	Pharmaceuticals & Biotechnology	0.40%	0.38%	-0.02%
39	JK Lakshmi Cement Limited ₹24.76 Cr	Cement & Cement Products	0.18%	0.16%	-0.02%
40	Punjab National Bank ₹180.81 Cr	Banks	1.19%	1.18%	-0.01%
41	Canara Bank ₹133.21 Cr	Banks	0.88%	0.87%	-0.01%
42	Wipro Limited ₹49.61 Cr	IT - Software	0.33%	0.32%	-0.01%
43	KNR Constructions Limited ₹38.74 Cr	Construction	0.26%	0.25%	-0.01%
44	HDB Financial Services Limited ₹37.44 Cr	Finance	0.25%	0.24%	-0.01%

What Stocks Does This Fund Hold?

84 stocks — Aug 2026

#	Stock	Sector	Weight & Value
1	ICICI Bank Limited ₹644.95 Cr	Banks	4.20%
2	HDFC Bank Limited ₹638.68 Cr	Banks	4.15%
3	Karur Vysya Bank Limited ₹549.11 Cr	Banks	3.57%
4	The Federal Bank Limited ₹518.32 Cr	Banks	3.37%
5	State Bank of India ₹487.42 Cr	Banks	3.17%
6	Reliance Industries Limited ₹428.87 Cr	Petroleum Products	2.79%
7	PNB Housing Finance Limited ₹408.64 Cr	Finance	2.66%
8	Finolex Cables Limited ₹374.10 Cr	Industrial Products	2.43%
9	Balrampur Chini Mills Limited ₹356.65 Cr	Agricultural Food & other Products	2.32%
10	Shriram Finance Limited ₹345.49 Cr	Finance	2.25%
11	Larsen & Toubro Limited ₹331.56 Cr	Construction	2.16%
12	Hero MotoCorp Limited ₹318.60 Cr	Automobiles	2.07%
13	Indian Bank ₹307.26 Cr	Banks	2.00%
14	Tech Mahindra Limited ₹305.38 Cr	IT - Software	1.99%
15	Jindal Saw Limited ₹245.53 Cr	Industrial Products	1.60%
16	NTPC Limited ₹238.53 Cr	Power	1.55%
17	Maruti Suzuki India Limited ₹229.56 Cr	Automobiles	1.49%
18	Multi Commodity Exchange of India Limited ₹225.87 Cr	Capital Markets	1.47%
19	Pearl Global Industries Limited ₹212.47 Cr	Textiles & Apparels	1.38%
20	Welspun Living Limited ₹212.29 Cr	Textiles & Apparels	1.38%
21	The Ramco Cements Limited ₹204.45 Cr	Cement & Cement Products	1.33%
22	Jindal Steel Limited ₹203.29 Cr	Ferrous Metals	1.32%
23	K.P.R. Mill Limited ₹201.70 Cr	Textiles & Apparels	1.31%
24	Trent Limited ₹193.24 Cr	Retailing	1.26%
25	Angel One Limited ₹193.17 Cr	Capital Markets	1.26%
26	Bharti Airtel Limited ₹188.02 Cr	Telecom - Services	1.22%
27	Axis Bank Limited ₹183.24 Cr	Banks	1.19%
28	Punjab National Bank ₹180.81 Cr	Banks	1.18%
29	Power Mech Projects Limited ₹177.74 Cr	Construction	1.16%
30	GE Vernova T&D India Limited ₹173.04 Cr	Electrical Equipment	1.13%
31	Jindal Stainless Limited ₹173.59 Cr	Ferrous Metals	1.13%
32	Mahindra & Mahindra Financial Services Limited ₹173.97 Cr	Finance	1.13%
33	Thangamayil Jewellery Limited ₹174.44 Cr	Consumer Durables	1.13%
34	Jubilant Foodworks Limited ₹170.67 Cr	Leisure Services	1.11%
35	Sun Pharmaceutical Industries Limited ₹169.11 Cr	Pharmaceuticals & Biotechnology	1.10%
36	Can Fin Homes Limited ₹161.01 Cr	Finance	1.05%
37	Hindustan Unilever Limited ₹160.36 Cr	Diversified FMCG	1.04%
38	Tata Motors Ltd ₹155.97 Cr	Agricultural, Commercial & Construction Vehicles	1.01%
39	United Spirits Limited ₹155.33 Cr	Beverages	1.01%
40	Vardhman Textiles Limited ₹154.51 Cr	Textiles & Apparels	1.01%
41	PARADEEP PHOSPHATES LIMITED ₹152.64 Cr	Fertilizers & Agrochemicals	0.99%
42	Hindustan Petroleum Corporation Limited ₹152.10 Cr	Petroleum Products	0.99%
43	CCL Products (India) Limited ₹149.10 Cr	Agricultural Food & other Products	0.97%
44	Ratnamani Metals & Tubes Ltd. ₹140.80 Cr	Industrial Products	0.92%
45	Infosys Limited ₹140.73 Cr	IT - Software	0.92%
46	Mahindra & Mahindra Limited ₹138.65 Cr	Automobiles	0.90%
47	Oberoi Realty Limited ₹137.83 Cr	Realty	0.90%
48	Siemens Limited ₹136.94 Cr	Electrical Equipment	0.89%
49	Sapphire Foods India Limited ₹135.14 Cr	Leisure Services	0.88%
50	Sobha Limited ₹133.31 Cr	Realty	0.87%
51	Canara Bank ₹133.21 Cr	Banks	0.87%
52	Godfrey Phillips India Limited ₹127.91 Cr	Cigarettes & Tobacco Products	0.83%
53	Page Industries Limited ₹123.91 Cr	Textiles & Apparels	0.81%
54	Kotak Mahindra Bank Limited ₹119.04 Cr	Banks	0.77%
55	Hindalco Industries Limited ₹115.76 Cr	Non - Ferrous Metals	0.75%
56	INDO COUNT INDUSTRIES LIMITED ₹109.61 Cr	Textiles & Apparels	0.71%
57	Coromandel International Limited ₹105.79 Cr	Fertilizers & Agrochemicals	0.69%
58	Time Technoplast Limited ₹97.35 Cr	Industrial Products	0.63%
59	Brigade Enterprises Limited ₹96.58 Cr	Realty	0.63%
60	Birla Corporation Limited ₹93.54 Cr	Cement & Cement Products	0.61%
61	Aditya Birla Real Estate Limited ₹91.07 Cr	Paper, Forest & Jute Products	0.59%
62	Globus Spirits Limited ₹90.00 Cr	Beverages	0.59%
63	Housing & Urban Development Corporation Limited ₹81.77 Cr	Finance	0.53%
64	Oil India Limited ₹80.26 Cr	Oil	0.52%
65	Manipal Health Enterprises Ltd ₹77.03 Cr	Healthcare Services	0.50%
66	HCL Technologies Limited ₹75.71 Cr	IT - Software	0.49%
67	National Aluminium Company Limited ₹71.71 Cr	Non - Ferrous Metals	0.47%
68	JK Paper Limited ₹67.48 Cr	Paper, Forest & Jute Products	0.44%
69	ITC Limited ₹66.08 Cr	Diversified FMCG	0.43%
70	Senores Pharmaceuticals Ltd ₹62.34 Cr	Pharmaceuticals & Biotechnology	0.41%
71	KEC International Limited ₹60.61 Cr	Construction	0.39%
72	Meghmani Finechem Limited ₹59.55 Cr	Chemicals & Petrochemicals	0.39%
73	Eris Lifesciences Limited ₹57.70 Cr	Pharmaceuticals & Biotechnology	0.38%
74	Bayer Cropscience Limited ₹54.22 Cr	Fertilizers & Agrochemicals	0.35%
75	PNC Infratech Limited ₹52.18 Cr	Construction	0.34%
76	Wipro Limited ₹49.61 Cr	IT - Software	0.32%
77	VIP Industries Limited ₹47.53 Cr	Consumer Durables	0.31%
78	Bharat Bijlee Ltd. ₹40.58 Cr	Electrical Equipment	0.26%
79	KNR Constructions Limited ₹38.74 Cr	Construction	0.25%
80	HDB Financial Services Limited ₹37.44 Cr	Finance	0.24%
81	Nippon Life India Asset Management Limited ₹30.95 Cr	Capital Markets	0.20%
82	JK Lakshmi Cement Limited ₹24.76 Cr	Cement & Cement Products	0.16%
83	Shriram Pistons & Rings Limited ₹22.73 Cr	Auto Components	0.15%
84	Somany Ceramics Ltd ₹20.36 Cr	Consumer Durables	0.13%