HDFC Equity Savings Fund holds 121 instruments (69.7% equity), led by HDFC Bank Limited (7.13%), Reliance Industries Limited (5.6%) and Sun Pharmaceutical Industries Limited (3.96%), as of its 31 July 2026 SEBI-mandated monthly disclosure.
This page shows the complete disclosed portfolio of HDFC Equity Savings Fund, managed by HDFC Mutual Fund, based on its monthly portfolio disclosure dated 31 July 2026. The fund holds 121 instruments with an equity allocation of 69.7%. Percentages are of net assets (% to NAV). Click any stock to see every other mutual fund that also holds it.
HDFC Equity Savings Fund's top 10 holdings account for 37.26% of its portfolio, more concentrated than the Hybrid category average of 28.9%. Financial Services is its largest sector exposure at 19.6% of net assets, spread across 12 sectors in total. Since its 30 June 2026 disclosure, the fund added 4 new positions and exited 1 position, with ICICI Bank Limited seeing the largest move (-2.55pp to 3.03%).
Equity holdings compared between the fund's two latest monthly disclosures. Weights are % to NAV; weight moves can also reflect price changes, not only buying or selling.
| Stock | Weight | Change |
|---|---|---|
| Mahindra & Mahindra Limited | 0.62% → 2.44% | ▲ +1.82 |
| Tata Consultancy Services Limited | 0.9% → 2.69% | ▲ +1.79 |
| Titan Company Limited | 3.01% → 3.3% | ▲ +0.29 |
| Bajaj Finance Limited | 1.81% → 2.04% | ▲ +0.23 |
| Sun Pharmaceutical Industries Limited | 3.75% → 3.96% | ▲ +0.21 |
| HCL Technologies Limited | 0.67% → 0.83% | ▲ +0.16 |
| Divi's Laboratories Limited | 0.72% → 0.87% | ▲ +0.15 |
| Hyundai Motor India Limited | 1.01% → 1.15% | ▲ +0.14 |
| Bharti Airtel Limited | 2.02% → 2.13% | ▲ +0.11 |
| Infosys Limited | 0.89% → 0.99% | ▲ +0.1 |
| Stock | Weight | Change |
|---|---|---|
| ICICI Bank Limited | 5.58% → 3.03% | ▼ -2.55 |
| Larsen & Toubro Limited | 3.84% → 3.02% | ▼ -0.82 |
| HDFC Bank Limited | 7.68% → 7.13% | ▼ -0.55 |
| Adani Ports and Special Economic Zone Limited | 1.19% → 0.73% | ▼ -0.46 |
| Axis Bank Limited | 1.73% → 1.57% | ▼ -0.16 |
| NTPC Limited | 3.99% → 3.84% | ▼ -0.15 |
| Bajaj Auto Limited | 0.52% → 0.4% | ▼ -0.12 |
% to NAV of the fund's current top holdings over its last 6 monthly disclosures (Feb – Jul 2026).
| # | Holding | Sector | % to NAV |
|---|---|---|---|
| 1 | HDFC Bank Limited | Financial Services | 7.13% |
| 2 | Reliance Industries Limited | Energy | 5.6% |
| 3 | Sun Pharmaceutical Industries Limited | Healthcare | 3.96% |
| 4 | NTPC Limited | Utilities | 3.84% |
| 5 | TREPS - Tri-party Repotreps | — | 3.6% |
| 6 | Titan Company Limited | Consumer Discretionary | 3.3% |
| 7 | ICICI Bank Limited | Financial Services | 3.03% |
| 8 | Larsen & Toubro Limited | Industrials | 3.02% |
| 9 | Tata Consultancy Services Limited | Information Technology | 2.69% |
| 10 | Mahindra & Mahindra Limited | Consumer Discretionary | 2.44% |
| 11 | 7.18% Government of India (MD )bond | — | 2.36% |
| 12 | Maruti Suzuki India Limited | Consumer Discretionary | 2.25% |
| 13 | Bharti Airtel Limited | Telecommunication | 2.13% |
| 14 | Bajaj Finance Limited | Financial Services | 2.04% |
| 15 | 7.10% Central Government Securitiesbond | — | 1.97% |
| 16 | State Bank of India | Financial Services | 1.62% |
| 17 | Kotak Mahindra Bank Limited | Financial Services | 1.58% |
| 18 | Axis Bank Limited | Financial Services | 1.57% |
| 19 | 8.05% Muthoot Finance Limited 2027bond | — | 1.31% |
| 20 | State Bank of India (Tier 2 - Basel III)^bond | — | 1.23% |
| 21 | Hyundai Motor India Limited | Consumer Discretionary | 1.15% |
| 22 | 7.17% Government Securities - 17/04/20230bond | — | 1.08% |
| 23 | Hindustan Unilever Limited | Consumer Staples | 1.01% |
| 24 | Infosys Limited | Information Technology | 0.99% |
| 25 | 7.38% Central Government Securitiesbond | — | 0.93% |
| 26 | 9.33% 360 One Prime Limited 2028 (FRN)bond | — | 0.88% |
| 27 | 7.87% LIC Housing Finance Limitedbond | — | 0.88% |
| 28 | 7.57% LIC Hsg Fin NCD Tr 447 Op I (MD )bond | — | 0.88% |
| 29 | 7.38% Mahindra & Mahindra Financial Services Ltdbond | — | 0.88% |
| 30 | 8.58% Muthoot Finance Limited 2029 (FRN)bond | — | 0.88% |
| 31 | SMFG India Credit Company Ltd^bond | — | 0.88% |
| 32 | Divi's Laboratories Limited | Healthcare | 0.87% |
| 33 | 7.45% Sundaram Finance Ltd. (MD )bond | — | 0.87% |
| 34 | HCL Technologies Limited | Information Technology | 0.83% |
| 35 | 7.23% Central Government Securitiesbond | — | 0.81% |
| 36 | ETERNAL LIMITED | Consumer Discretionary | 0.79% |
| 37 | POWERGRID INFRASTRUCTURE INV | Utilities | 0.79% |
| 38 | Adani Ports and Special Economic Zone Limited | Services | 0.73% |
| 39 | Power Grid Corporation of India Limited | Utilities | 0.73% |
| 40 | InterGlobe Aviation Limited | Services | 0.68% |
| 41 | SBI Life Insurance Company Limited | Financial Services | 0.66% |
| 42 | EMBASSY OFFICE PARKS REIT | Real Estate | 0.65% |
| 43 | Eicher Motors Limited | Consumer Discretionary | 0.62% |
| 44 | Cholamandalam Investment & Finance Co. Ltd.^bond | — | 0.62% |
| 45 | BROOKFIELD INDIA REAL ESTATE | Real Estate | 0.6% |
| 46 | Hero MotoCorp Limited | Consumer Discretionary | 0.57% |
| 47 | ITC Limited | Consumer Staples | 0.56% |
| 48 | Apollo Hospitals Enterprise Limited | Healthcare | 0.55% |
| 49 | 7.10% Central Government Securitiesbond | — | 0.54% |
| 50 | Max Financial Services Limited | Financial Services | 0.53% |
| 51 | 8.95% Bharti Telecom Ltd. (MD )bond | — | 0.53% |
| 52 | 7.64% National Bank for Agriculture and Rural Development (MD )bond | — | 0.53% |
| 53 | 7.70% National Bank for Agriculture and Rural Development (MD )bond | — | 0.53% |
| 54 | NCD NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENTbond | — | 0.53% |
| 55 | Pipeline Infrastructure Pvt. Ltd.^bond | — | 0.53% |
| 56 | HDFC Life Insurance Company Limited | Financial Services | 0.5% |
| 57 | Ambuja Cements Limited | Materials | 0.47% |
| 58 | UltraTech Cement Limited | Materials | 0.47% |
| 59 | Net Current Assetsother | — | 0.45% |
| 60 | 7.75% Bharti Telecom Ltd. (MD )bond | — | 0.44% |
| 61 | 9.02% Muthoot Finance Limited 2027bond | — | 0.44% |
| 62 | Power Finance Corporation Ltd.^bond | — | 0.44% |
| 63 | 7.4% Power Finance Corporation Limitedbond | — | 0.44% |
| 64 | NCD POWER FINANCE CORPORATION LTDbond | — | 0.44% |
| 65 | NCD SMALL INDUSTRIES DEVELOPMENT BANK OF INDIAbond | — | 0.44% |
| 66 | 7.79% Small Industries Development Bank of India (MD )bond | — | 0.44% |
| 67 | Oil & Natural Gas Corporation Limited | Energy | 0.43% |
| 68 | Tata Steel Limited | Materials | 0.43% |
| 69 | Tech Mahindra Limited | Information Technology | 0.43% |
| 70 | HDFC ERGO General Insurance Co. Ltd.^bond | — | 0.43% |
| 71 | Siddhivinayak Securitisation Trust (Originator - Sikka Ports & Terminals Limited)^bond | — | 0.43% |
| 72 | Union Bank of India (MD )bond | — | 0.42% |
| 73 | United Spirits Limited | Consumer Staples | 0.41% |
| 74 | Bajaj Auto Limited | Consumer Discretionary | 0.4% |
| 75 | Bajaj Finserv Limited | Financial Services | 0.36% |
| 76 | Coal India Limited | Energy | 0.36% |
| 77 | Cipla Limited | Healthcare | 0.34% |
| 78 | IPCA Laboratories Limited | Healthcare | 0.34% |
| 79 | PVR INOX Limited | Consumer Discretionary | 0.34% |
| 80 | Aptus Value Housing Finance India Limited | Financial Services | 0.32% |
| 81 | Gujarat Pipavav Port Limited | Services | 0.32% |
| 82 | Gland Pharma Limited | Healthcare | 0.31% |
| 83 | Paradeep Phosphates Limited | Materials | 0.31% |
| 84 | Brigade Enterprises Limited | Real Estate | 0.28% |
| 85 | Kalpataru Projects International Limited | Industrials | 0.28% |
| 86 | Hindustan Petroleum Corporation Limited | Energy | 0.27% |
| 87 | JK Paper Limited | Materials | 0.27% |
| 88 | Star Health and Allied Insurance Company Limited | Financial Services | 0.26% |
| 89 | Suprajit Engineering Limited | Consumer Discretionary | 0.26% |
| 90 | National Bank for Agri & Rural Dev.^bond | — | 0.26% |
| 91 | Bank of Baroda^bond | — | 0.26% |
| 92 | Greenply Industries Limited | Consumer Discretionary | 0.25% |
| 93 | 7.35% REC Ltd. (MD )bond | — | 0.24% |
| 94 | Hindalco Industries Limited | Materials | 0.23% |
| 95 | Bayer Cropscience Limited | Materials | 0.22% |
| 96 | CIE Automotive India Limited | Consumer Discretionary | 0.22% |
| 97 | CUBE HIGHWAYS TRUST | Real Estate | 0.21% |
| 98 | 6.94% Central Government Securitiesbond | — | 0.18% |
| 99 | 7.06% Government of India (MD )bond | — | 0.18% |
| 100 | 7.80% National Bank for Agriculture and Rural Development (MD )bond | — | 0.18% |
| 101 | 7.44% Power Finance Corporation Ltd. (MD )bond | — | 0.18% |
| 102 | Finolex Industries Limited | Industrials | 0.17% |
| 103 | 7.34% Central Government Securitiesbond | — | 0.17% |
| 104 | G R Infraprojects Limited | Industrials | 0.15% |
| 105 | Goodyear India Limited | Consumer Discretionary | 0.15% |
| 106 | Gujarat Gas Limited | Utilities | 0.14% |
| 107 | 7.18% Government Securitiesbond | — | 0.14% |
| 108 | Symphony Limited | Consumer Discretionary | 0.12% |
| 109 | 6.54% Government of India (MD )bond | — | 0.09% |
| 110 | 7.26% Government of India (MD )bond | — | 0.09% |
| 111 | Bank of Baroda (Tier 2 - Basel III)^bond | — | 0.09% |
| 112 | Indian Railways Finance Corp. Ltd.^bond | — | 0.09% |
| 113 | 8.78% Muthoot Finance Limitedbond | — | 0.09% |
| 114 | RAAJMARG INFRA INVESTMENT TR | Services | 0.05% |
| 115 | GAIL (India) Limited | Utilities | 0.03% |
| 116 | GSPL Transmission Limited | Utilities | 0.03% |
| 117 | Britannia Industries Limited | Consumer Staples | 0.02% |
| 118 | Biocon Limited | Healthcare | 0.01% |
| 119 | Kwality Wall's (India) Limited | Consumer Staples | 0.01% |
| 120 | Lupin Limited | Healthcare | 0.01% |
| 121 | TATA CONSUMER PRODUCTS LIMITED | Consumer Staples | 0.01% |
New to reading these? See How to Read a Mutual Fund's Monthly Portfolio Disclosure, or check terms like % to NAV in the glossary.
Source: HDFC Mutual Fund's SEBI-mandated monthly portfolio disclosure, dated 31 July 2026. Data is for information only, not investment advice. Holdings may have changed since the disclosure date.