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 Sep 2026 Comparing Aug 2026 → Sep 2026

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Stocks Held

Sep 2026

Equity Holdings

₹14,384.51 Cr

Equity only, excl. debt & cash

AAUM

₹14,736.02 Cr

Jul-Sep 2026 · Direct + Regular

Top 5 Weight

18.7%

Diversified

Top 10 Weight

31.6%

Diversified

Changes

2 new · 0 exits

Top Sector

Banks

24.7% of portfolio

Launch Date

16 Nov 2009

10+ year track record

AAUM (Average Assets Under Management) of ₹14,736.02 Cr for Jul-Sep 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 added 2 new stocks to its portfolio this month. The biggest new buy was Vedanta Aluminium Metal Limited (Metals & Minerals Trading) at 0.49% weight. Among existing holdings, HDFC Bank Limited saw the biggest increase — now at 5.07% of the portfolio. The Federal Bank Limited was trimmed the most, now at 3.15%. HDFC Bank Limited remains the top holding with Banks the dominant sector at 24.7%. ↓ 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

-6.13%

-6.73%

-7.00%

-5.24%

Latest NAV

₹118.58

23 Oct 2026

52W High

₹131.41

-10% from High

52W Low

₹111.40

+6% 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

23.5%

+ve in 95% windows

68.6% / -3.5%

3Y Rolling Avg

21.4% p.a.

+ve in 100% windows

25.7% / 13.2%

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)

0.41

Return per unit of risk. >1 is good.

Sortino Ratio (3Y)

0.56

Penalises downside volatility only.

Std Deviation (3Y)

16.1%

Lower = more consistent returns.

NAV Chart ₹118.58 23 Oct 2026

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

HSBC Value Fund - Direct Growth

Chart shows indexed performance (base = 100). Actual NAV: ₹118.58

Sector Shift Industry allocation month-over-month

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%

Aug 2026 → Sep 2026

Sector	Prev	Curr ▼	Delta
Banks	24.5%	24.7%	▲ +0.2%
Finance	7.9%	7.6%	▼ -0.3%
Textiles & Apparels	6.6%	7.1%	▲ +0.5%
Industrial Products	5.6%	6.1%	▲ +0.5%
Automobiles	4.5%	4.3%	▼ -0.1%
Construction	4.3%	4.0%	▼ -0.4%
Petroleum Products	3.8%	3.7%	● -0.1%
IT - Software	3.7%	3.6%	▼ -0.2%
Agricultural Food & other Products	3.3%	3.3%	● 0.0%
Ferrous Metals	2.5%	3.1%	▲ +0.6%

🟢

Biggest New Buy

Vedanta Aluminium Metal Limited

0.49% weight · Metals & Minerals Trading

↑

Biggest Add

HDFC Bank Limited

+0.92% · now 5.07%

↓

Biggest Trim

The Federal Bank Limited

-0.22% · now 3.15%

🤝 Other funds also bought this month

Vedanta Aluminium Metal Limited 99 funds

West Coast Paper Mills Ltd. 1 fund

What Changed in the Portfolio This Month?

Comparing Aug 2026 → Sep 2026

Aug 2026 → Sep 2026

🟢 2 New Entries ↑ 27 Increased ↓ 49 Decreased

#	Stock	Sector	Weight (Sep 2026)
1	Vedanta Aluminium Metal Limited ₹71.94 Cr	Metals & Minerals Trading	0.49%
2	West Coast Paper Mills Ltd. ₹12.61 Cr	Paper, Forest & Jute Products	0.09%

#	Stock	Sector	Aug 2026	Sep 2026	Change
1	HDFC Bank Limited ₹743.27 Cr	Banks	4.15%	5.07%	+0.92%
2	Jindal Stainless Limited ₹255.26 Cr	Ferrous Metals	1.13%	1.74%	+0.61%
3	Finolex Cables Limited ₹435.03 Cr	Industrial Products	2.43%	2.97%	+0.54%
4	Brigade Enterprises Limited ₹163.50 Cr	Realty	0.63%	1.12%	+0.49%
5	Shriram Pistons & Rings Limited ₹71.84 Cr	Auto Components	0.15%	0.49%	+0.34%
6	Welspun Living Limited ₹245.95 Cr	Textiles & Apparels	1.38%	1.68%	+0.30%
7	Pearl Global Industries Limited ₹221.13 Cr	Textiles & Apparels	1.38%	1.51%	+0.13%
8	Ratnamani Metals & Tubes Ltd. ₹144.83 Cr	Industrial Products	0.92%	0.99%	+0.07%
9	PNB Housing Finance Limited ₹398.43 Cr	Finance	2.66%	2.72%	+0.06%
10	NTPC Limited ₹235.14 Cr	Power	1.55%	1.60%	+0.05%
11	Page Industries Limited ₹125.94 Cr	Textiles & Apparels	0.81%	0.86%	+0.05%
12	Kotak Mahindra Bank Limited ₹118.36 Cr	Banks	0.77%	0.81%	+0.04%
13	Punjab National Bank ₹178.96 Cr	Banks	1.18%	1.22%	+0.04%
14	Power Mech Projects Limited ₹175.58 Cr	Construction	1.16%	1.20%	+0.04%
15	ITC Limited ₹67.95 Cr	Diversified FMCG	0.43%	0.46%	+0.03%
16	Multi Commodity Exchange of India Limited ₹219.26 Cr	Capital Markets	1.47%	1.50%	+0.03%
17	Bharti Airtel Limited ₹182.32 Cr	Telecom - Services	1.22%	1.24%	+0.02%
18	Hero MotoCorp Limited ₹306.38 Cr	Automobiles	2.07%	2.09%	+0.02%
19	Time Technoplast Limited ₹94.84 Cr	Industrial Products	0.63%	0.65%	+0.02%
20	JK Paper Limited ₹67.05 Cr	Paper, Forest & Jute Products	0.44%	0.46%	+0.02%
21	INDO COUNT INDUSTRIES LIMITED ₹107.50 Cr	Textiles & Apparels	0.71%	0.73%	+0.02%
22	Somany Ceramics Ltd ₹22.57 Cr	Consumer Durables	0.13%	0.15%	+0.02%
23	The Ramco Cements Limited ₹196.54 Cr	Cement & Cement Products	1.33%	1.34%	+0.01%
24	Sobha Limited ₹129.67 Cr	Realty	0.87%	0.88%	+0.01%
25	Balrampur Chini Mills Limited ₹340.89 Cr	Agricultural Food & other Products	2.32%	2.33%	+0.01%
26	KNR Constructions Limited ₹37.91 Cr	Construction	0.25%	0.26%	+0.01%
27	PARADEEP PHOSPHATES LIMITED ₹147.15 Cr	Fertilizers & Agrochemicals	0.99%	1.00%	+0.01%

#	Stock	Sector	Aug 2026	Sep 2026	Change
1	The Federal Bank Limited ₹461.21 Cr	Banks	3.37%	3.15%	-0.22%
2	ICICI Bank Limited ₹586.26 Cr	Banks	4.20%	4.00%	-0.20%
3	KEC International Limited ₹28.43 Cr	Construction	0.39%	0.19%	-0.20%
4	State Bank of India ₹441.21 Cr	Banks	3.17%	3.01%	-0.16%
5	Shriram Finance Limited ₹305.90 Cr	Finance	2.25%	2.09%	-0.16%
6	PNC Infratech Limited ₹29.81 Cr	Construction	0.34%	0.20%	-0.14%
7	Indian Bank ₹275.52 Cr	Banks	2.00%	1.88%	-0.12%
8	Maruti Suzuki India Limited ₹202.79 Cr	Automobiles	1.49%	1.38%	-0.11%
9	Mahindra & Mahindra Financial Services Limited ₹151.51 Cr	Finance	1.13%	1.03%	-0.10%
10	Jindal Saw Limited ₹220.19 Cr	Industrial Products	1.60%	1.50%	-0.10%
11	Infosys Limited ₹123.39 Cr	IT - Software	0.92%	0.84%	-0.08%
12	Reliance Industries Limited ₹398.64 Cr	Petroleum Products	2.79%	2.72%	-0.07%
13	Karur Vysya Bank Limited ₹513.09 Cr	Banks	3.57%	3.50%	-0.07%
14	Aditya Birla Real Estate Limited ₹75.96 Cr	Paper, Forest & Jute Products	0.59%	0.52%	-0.07%
15	Larsen & Toubro Limited ₹308.20 Cr	Construction	2.16%	2.10%	-0.06%
16	Trent Limited ₹175.91 Cr	Retailing	1.26%	1.20%	-0.06%
17	Can Fin Homes Limited ₹145.61 Cr	Finance	1.05%	0.99%	-0.06%
18	Tata Motors Ltd ₹139.60 Cr	Agricultural, Commercial & Construction Vehicles	1.01%	0.95%	-0.06%
19	Globus Spirits Limited ₹77.16 Cr	Beverages	0.59%	0.53%	-0.06%
20	Mahindra & Mahindra Limited ₹124.62 Cr	Automobiles	0.90%	0.85%	-0.05%
21	United Spirits Limited ₹141.15 Cr	Beverages	1.01%	0.96%	-0.05%
22	Godfrey Phillips India Limited ₹114.96 Cr	Cigarettes & Tobacco Products	0.83%	0.78%	-0.05%
23	Sapphire Foods India Limited ₹122.26 Cr	Leisure Services	0.88%	0.83%	-0.05%
24	Meghmani Finechem Limited ₹50.11 Cr	Chemicals & Petrochemicals	0.39%	0.34%	-0.05%
25	Sun Pharmaceutical Industries Limited ₹154.77 Cr	Pharmaceuticals & Biotechnology	1.10%	1.06%	-0.04%
26	Tech Mahindra Limited ₹285.88 Cr	IT - Software	1.99%	1.95%	-0.04%
27	Jubilant Foodworks Limited ₹157.15 Cr	Leisure Services	1.11%	1.07%	-0.04%
28	Wipro Limited ₹42.62 Cr	IT - Software	0.32%	0.29%	-0.03%
29	National Aluminium Company Limited ₹64.08 Cr	Non - Ferrous Metals	0.47%	0.44%	-0.03%
30	Siemens Limited ₹126.60 Cr	Electrical Equipment	0.89%	0.86%	-0.03%
31	Vardhman Textiles Limited ₹144.40 Cr	Textiles & Apparels	1.01%	0.98%	-0.03%
32	Hindalco Industries Limited ₹107.37 Cr	Non - Ferrous Metals	0.75%	0.73%	-0.02%
33	Coromandel International Limited ₹97.59 Cr	Fertilizers & Agrochemicals	0.69%	0.67%	-0.02%
34	Housing & Urban Development Corporation Limited ₹74.82 Cr	Finance	0.53%	0.51%	-0.02%
35	K.P.R. Mill Limited ₹188.97 Cr	Textiles & Apparels	1.31%	1.29%	-0.02%
36	Eris Lifesciences Limited ₹53.02 Cr	Pharmaceuticals & Biotechnology	0.38%	0.36%	-0.02%
37	Thangamayil Jewellery Limited ₹163.16 Cr	Consumer Durables	1.13%	1.11%	-0.02%
38	Axis Bank Limited ₹172.80 Cr	Banks	1.19%	1.18%	-0.01%
39	HCL Technologies Limited ₹70.97 Cr	IT - Software	0.49%	0.48%	-0.01%
40	Canara Bank ₹125.38 Cr	Banks	0.87%	0.86%	-0.01%
41	GE Vernova T&D India Limited ₹163.53 Cr	Electrical Equipment	1.13%	1.12%	-0.01%
42	Oil India Limited ₹74.53 Cr	Oil	0.52%	0.51%	-0.01%
43	Oberoi Realty Limited ₹130.28 Cr	Realty	0.90%	0.89%	-0.01%
44	Nippon Life India Asset Management Limited ₹28.25 Cr	Capital Markets	0.20%	0.19%	-0.01%
45	CCL Products (India) Limited ₹140.77 Cr	Agricultural Food & other Products	0.97%	0.96%	-0.01%
46	Bayer Cropscience Limited ₹49.53 Cr	Fertilizers & Agrochemicals	0.35%	0.34%	-0.01%
47	HDB Financial Services Limited ₹34.09 Cr	Finance	0.24%	0.23%	-0.01%
48	Bharat Bijlee Ltd. ₹35.97 Cr	Electrical Equipment	0.26%	0.25%	-0.01%
49	Manipal Health Enterprises Ltd ₹71.53 Cr	Healthcare Services	0.50%	0.49%	-0.01%

What Stocks Does This Fund Hold?

86 stocks — Sep 2026

#	Stock	Sector	Weight & Value
1	HDFC Bank Limited ₹743.27 Cr	Banks	5.07%
2	ICICI Bank Limited ₹586.26 Cr	Banks	4.00%
3	Karur Vysya Bank Limited ₹513.09 Cr	Banks	3.50%
4	The Federal Bank Limited ₹461.21 Cr	Banks	3.15%
5	State Bank of India ₹441.21 Cr	Banks	3.01%
6	Finolex Cables Limited ₹435.03 Cr	Industrial Products	2.97%
7	PNB Housing Finance Limited ₹398.43 Cr	Finance	2.72%
8	Reliance Industries Limited ₹398.64 Cr	Petroleum Products	2.72%
9	Balrampur Chini Mills Limited ₹340.89 Cr	Agricultural Food & other Products	2.33%
10	Larsen & Toubro Limited ₹308.20 Cr	Construction	2.10%
11	Shriram Finance Limited ₹305.90 Cr	Finance	2.09%
12	Hero MotoCorp Limited ₹306.38 Cr	Automobiles	2.09%
13	Tech Mahindra Limited ₹285.88 Cr	IT - Software	1.95%
14	Indian Bank ₹275.52 Cr	Banks	1.88%
15	Jindal Stainless Limited ₹255.26 Cr	Ferrous Metals	1.74%
16	Welspun Living Limited ₹245.95 Cr	Textiles & Apparels	1.68%
17	NTPC Limited ₹235.14 Cr	Power	1.60%
18	Pearl Global Industries Limited ₹221.13 Cr	Textiles & Apparels	1.51%
19	Jindal Saw Limited ₹220.19 Cr	Industrial Products	1.50%
20	Multi Commodity Exchange of India Limited ₹219.26 Cr	Capital Markets	1.50%
21	Maruti Suzuki India Limited ₹202.79 Cr	Automobiles	1.38%
22	The Ramco Cements Limited ₹196.54 Cr	Cement & Cement Products	1.34%
23	Jindal Steel Limited ₹193.41 Cr	Ferrous Metals	1.32%
24	K.P.R. Mill Limited ₹188.97 Cr	Textiles & Apparels	1.29%
25	Angel One Limited ₹184.49 Cr	Capital Markets	1.26%
26	Bharti Airtel Limited ₹182.32 Cr	Telecom - Services	1.24%
27	Punjab National Bank ₹178.96 Cr	Banks	1.22%
28	Power Mech Projects Limited ₹175.58 Cr	Construction	1.20%
29	Trent Limited ₹175.91 Cr	Retailing	1.20%
30	Axis Bank Limited ₹172.80 Cr	Banks	1.18%
31	GE Vernova T&D India Limited ₹163.53 Cr	Electrical Equipment	1.12%
32	Brigade Enterprises Limited ₹163.50 Cr	Realty	1.12%
33	Thangamayil Jewellery Limited ₹163.16 Cr	Consumer Durables	1.11%
34	Jubilant Foodworks Limited ₹157.15 Cr	Leisure Services	1.07%
35	Sun Pharmaceutical Industries Limited ₹154.77 Cr	Pharmaceuticals & Biotechnology	1.06%
36	Hindustan Unilever Limited ₹153.16 Cr	Diversified FMCG	1.04%
37	Mahindra & Mahindra Financial Services Limited ₹151.51 Cr	Finance	1.03%
38	PARADEEP PHOSPHATES LIMITED ₹147.15 Cr	Fertilizers & Agrochemicals	1.00%
39	Can Fin Homes Limited ₹145.61 Cr	Finance	0.99%
40	Ratnamani Metals & Tubes Ltd. ₹144.83 Cr	Industrial Products	0.99%
41	Hindustan Petroleum Corporation Limited ₹145.69 Cr	Petroleum Products	0.99%
42	Vardhman Textiles Limited ₹144.40 Cr	Textiles & Apparels	0.98%
43	CCL Products (India) Limited ₹140.77 Cr	Agricultural Food & other Products	0.96%
44	United Spirits Limited ₹141.15 Cr	Beverages	0.96%
45	Tata Motors Ltd ₹139.60 Cr	Agricultural, Commercial & Construction Vehicles	0.95%
46	Oberoi Realty Limited ₹130.28 Cr	Realty	0.89%
47	Sobha Limited ₹129.67 Cr	Realty	0.88%
48	Canara Bank ₹125.38 Cr	Banks	0.86%
49	Page Industries Limited ₹125.94 Cr	Textiles & Apparels	0.86%
50	Siemens Limited ₹126.60 Cr	Electrical Equipment	0.86%
51	Mahindra & Mahindra Limited ₹124.62 Cr	Automobiles	0.85%
52	Infosys Limited ₹123.39 Cr	IT - Software	0.84%
53	Sapphire Foods India Limited ₹122.26 Cr	Leisure Services	0.83%
54	Kotak Mahindra Bank Limited ₹118.36 Cr	Banks	0.81%
55	Godfrey Phillips India Limited ₹114.96 Cr	Cigarettes & Tobacco Products	0.78%
56	Hindalco Industries Limited ₹107.37 Cr	Non - Ferrous Metals	0.73%
57	INDO COUNT INDUSTRIES LIMITED ₹107.50 Cr	Textiles & Apparels	0.73%
58	Coromandel International Limited ₹97.59 Cr	Fertilizers & Agrochemicals	0.67%
59	Time Technoplast Limited ₹94.84 Cr	Industrial Products	0.65%
60	Birla Corporation Limited ₹90.04 Cr	Cement & Cement Products	0.61%
61	Globus Spirits Limited ₹77.16 Cr	Beverages	0.53%
62	Aditya Birla Real Estate Limited ₹75.96 Cr	Paper, Forest & Jute Products	0.52%
63	Oil India Limited ₹74.53 Cr	Oil	0.51%
64	Housing & Urban Development Corporation Limited ₹74.82 Cr	Finance	0.51%
65	Vedanta Aluminium Metal Limited ₹71.94 Cr	Metals & Minerals Trading	0.49%
66	Shriram Pistons & Rings Limited ₹71.84 Cr	Auto Components	0.49%
67	Manipal Health Enterprises Ltd ₹71.53 Cr	Healthcare Services	0.49%
68	HCL Technologies Limited ₹70.97 Cr	IT - Software	0.48%
69	JK Paper Limited ₹67.05 Cr	Paper, Forest & Jute Products	0.46%
70	ITC Limited ₹67.95 Cr	Diversified FMCG	0.46%
71	National Aluminium Company Limited ₹64.08 Cr	Non - Ferrous Metals	0.44%
72	Senores Pharmaceuticals Ltd ₹60.30 Cr	Pharmaceuticals & Biotechnology	0.41%
73	Eris Lifesciences Limited ₹53.02 Cr	Pharmaceuticals & Biotechnology	0.36%
74	Meghmani Finechem Limited ₹50.11 Cr	Chemicals & Petrochemicals	0.34%
75	Bayer Cropscience Limited ₹49.53 Cr	Fertilizers & Agrochemicals	0.34%
76	VIP Industries Limited ₹45.12 Cr	Consumer Durables	0.31%
77	Wipro Limited ₹42.62 Cr	IT - Software	0.29%
78	KNR Constructions Limited ₹37.91 Cr	Construction	0.26%
79	Bharat Bijlee Ltd. ₹35.97 Cr	Electrical Equipment	0.25%
80	HDB Financial Services Limited ₹34.09 Cr	Finance	0.23%
81	PNC Infratech Limited ₹29.81 Cr	Construction	0.20%
82	KEC International Limited ₹28.43 Cr	Construction	0.19%
83	Nippon Life India Asset Management Limited ₹28.25 Cr	Capital Markets	0.19%
84	JK Lakshmi Cement Limited ₹22.96 Cr	Cement & Cement Products	0.16%
85	Somany Ceramics Ltd ₹22.57 Cr	Consumer Durables	0.15%
86	West Coast Paper Mills Ltd. ₹12.61 Cr	Paper, Forest & Jute Products	0.09%