HSBC Equity Savings Fund

HSBC Mutual FundHybridPortfolio as of 30 June 2026

HSBC Equity Savings Fund holds 108 instruments (79.06% equity), led by HDFC Bank Limited (5.03%), ICICI Bank Limited (5.01%) and State Bank of India (4.38%), as of its 30 June 2026 SEBI-mandated monthly disclosure.

Holdings

108

Equity Allocation

79.06%

AMC

HSBC Mutual Fund

Portfolio Analysis

HSBC Equity Savings Fund's top 10 holdings account for 31.9% of its portfolio, more concentrated than the Hybrid category average of 28.9%. Financial Services is its largest sector exposure at 40.15% of net assets, spread across 11 sectors in total. Since its 31 May 2026 disclosure, the fund added 8 new positions and exited 2 positions, with Mahindra & Mahindra Limited seeing the largest move (+1.58pp to 3.64%).

Top 10 Equity Holdings

HDFC Bank Limited · 5.03%ICICI Bank Limited · 5.01%State Bank of India · 4.38%Mahindra & Mahindra Limited · 3.64%Axis Bank Limited · 2.78%Sun Pharmaceutical Industries Limited · 2.39%Jio Financial Services Limited · 2.3%The Federal Bank Limited · 2.2%HDFC Asset Management Company Limited · 2.1%Kotak Mahindra Bank Limited · 2.07%

What Changed: May 2026 → June 2026

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.

8 new entries2 exits10 increased10 reduced

New Entries

HDFC Asset Management Company Limited · 2.1%Tata Motors Passenger Vehicles Limited · 1.16%Kalyan Jewellers India Limited · 0.32%Max Healthcare Institute Limited · 0.24%DLF Limited · 0.14%UltraTech Cement Limited · 0.06%Godrej Properties Limited · 0.04%Adani Ports and Special Economic Zone Limited · 0.03%

Complete Exits

Sammaan Capital Limited · was 0.3%Oil & Natural Gas Corporation Limited · was 0.26%

Biggest Weight Increases

Stock	Weight	Change
Mahindra & Mahindra Limited	2.06% → 3.64%	▲ +1.58
Cholamandalam Investment and Finance Company Limited	0.02% → 1.06%	▲ +1.04
HDFC Bank Limited	4.05% → 5.03%	▲ +0.98
CG Power and Industrial Solutions Limited	0.09% → 1.02%	▲ +0.93
Bharti Airtel Limited	0.96% → 1.79%	▲ +0.83
JSW Steel Limited	0.12% → 0.95%	▲ +0.83
Bajaj Finance Limited	0.06% → 0.75%	▲ +0.69
Shriram Finance Limited	0.37% → 0.98%	▲ +0.61
TVS Motor Company Limited	0.83% → 1.38%	▲ +0.55
Divi's Laboratories Limited	0.62% → 1.03%	▲ +0.41

Biggest Weight Reductions

Stock	Weight	Change
Bharat Heavy Electricals Limited	1.97% → 0.55%	▼ -1.42
ABB India Limited	1.36% → 0.04%	▼ -1.32
Bharat Electronics Limited	2.22% → 0.93%	▼ -1.29
Hindalco Industries Limited	0.9% → 0.01%	▼ -0.89
SEDEMAC Mechatronics Limited	1.42% → 0.57%	▼ -0.85
Atlanta Electricals Limited	0.95% → 0.29%	▼ -0.66
Steel Authority of India Limited	2.07% → 1.58%	▼ -0.49
RBL Bank Limited	0.68% → 0.26%	▼ -0.42
TATA CONSUMER PRODUCTS LIMITED	2.23% → 1.83%	▼ -0.4
LIC Housing Finance Limited	1.31% → 0.97%	▼ -0.34

Top Holdings — Weight Trend

% to NAV of the fund's current top holdings over its last 6 monthly disclosures (Jan – Jun 2026).

HDFC Bank Limited

5.03%

ICICI Bank Limited

5.01%

State Bank of India

4.38%

Mahindra & Mahindra Limited

3.64%

Axis Bank Limited

2.78%

Full Portfolio (108 holdings)

#	Holding	Sector	% to NAV
1	TREPStreps	—	5.57%
2	HDFC Bank Limited	Financial Services	5.03%
3	ICICI Bank Limited	Financial Services	5.01%
4	State Bank of India	Financial Services	4.38%
5	Mahindra & Mahindra Limited	Consumer Discretionary	3.64%
6	Axis Bank Limited	Financial Services	2.78%
7	Sun Pharmaceutical Industries Limited	Healthcare	2.39%
8	Jio Financial Services Limited	Financial Services	2.3%
9	6.36% Central Government Securitiesbond	—	2.27%
10	The Federal Bank Limited	Financial Services	2.2%
11	364 Days Treasury Billtbill	—	2.15%
12	364 Days Treasury Billtbill	—	2.15%
13	HDFC Asset Management Company Limited	Financial Services	2.1%
14	Kotak Mahindra Bank Limited	Financial Services	2.07%
15	TATA CONSUMER PRODUCTS LIMITED	Consumer Staples	1.83%
16	Bharti Airtel Limited	Telecommunication	1.79%
17	7.06% Government of India (MD )bond	—	1.74%
18	PB Fintech Limited	Financial Services	1.71%
19	FSN E-Commerce Ventures Limited	Consumer Discretionary	1.66%
20	Steel Authority of India Limited	Materials	1.58%
21	Adani Enterprises Limited	Materials	1.43%
22	TVS Motor Company Limited	Consumer Discretionary	1.38%
23	7.44% National Bank for Agriculture and Rural Development (MD )bond	—	1.37%
24	7.04% Central Government Securitiesbond	—	1.37%
25	7.38% Central Government Securitiesbond	—	1.36%
26	Thermax Limited	Industrials	1.27%
27	Billionbrains Garage Ventures Limited	Financial Services	1.26%
28	GE Vernova T&D India Limited	Industrials	1.24%
29	Aditya Infotech Limited	Industrials	1.21%
30	Bandhan Bank Limited	Financial Services	1.21%
31	Tata Motors Passenger Vehicles Limited	Consumer Discretionary	1.16%
32	Grasim Industries Limited	Materials	1.14%
33	Tata Steel Limited	Materials	1.11%
34	Reliance Industries Limited	Energy	1.1%
35	Cholamandalam Investment and Finance Company Limited	Financial Services	1.06%
36	Lupin Limited	Healthcare	1.04%
37	Divi's Laboratories Limited	Healthcare	1.03%
38	CG Power and Industrial Solutions Limited	Industrials	1.02%
39	ICICI Prudential Asset Management Company Limited	Financial Services	1%
40	Hitachi Energy India Limited	Industrials	0.99%
41	Shriram Finance Limited	Financial Services	0.98%
42	LIC Housing Finance Limited	Financial Services	0.97%
43	JSW Steel Limited	Materials	0.95%
44	Punjab National Bank	Financial Services	0.95%
45	7.47% Small Industries Development Bank of India (MD )bond	—	0.95%
46	Bharat Electronics Limited	Industrials	0.93%
47	7.32% Government of India (MD )bond	—	0.93%
48	REC Limitedbond	—	0.88%
49	Siddhivinayak Securitisation Trust (Originator - Sikka Ports & Terminals Limited)^bond	—	0.88%
50	ETERNAL LIMITED	Consumer Discretionary	0.87%
51	HDFC Bank Limited^bond	—	0.85%
52	Ambuja Cements Limited	Materials	0.83%
53	Bajaj Finance Limited	Financial Services	0.75%
54	TD Power Systems Limited	Industrials	0.7%
55	Lenskart Solutions Limited	Consumer Discretionary	0.68%
56	Canara Bank	Financial Services	0.65%
57	Container Corporation of India Limited	Services	0.62%
58	HDFC Life Insurance Company Limited	Financial Services	0.58%
59	SEDEMAC Mechatronics Limited	Consumer Discretionary	0.57%
60	Bharat Heavy Electricals Limited	Industrials	0.55%
61	6.01% Central Government Securitiesbond	—	0.54%
62	Laurus Labs Limited	Healthcare	0.48%
63	Indus Towers Limited	Telecommunication	0.46%
64	7.37% Government Securitiesbond	—	0.46%
65	BSE Limited	Financial Services	0.44%
66	Larsen & Toubro Limited	Industrials	0.43%
67	Polycab India Limited	Industrials	0.42%
68	Aditya Birla Capital Limited	Financial Services	0.42%
69	City Union Bank Limited	Financial Services	0.38%
70	Nippon Life India Asset Management Limited	Financial Services	0.36%
71	360 ONE WAM LIMITED	Financial Services	0.34%
72	Kalyan Jewellers India Limited	Consumer Discretionary	0.32%
73	Bank of Baroda	Financial Services	0.3%
74	Atlanta Electricals Limited	Industrials	0.29%
75	Max Financial Services Limited	Financial Services	0.28%
76	RBL Bank Limited	Financial Services	0.26%
77	Max Healthcare Institute Limited	Healthcare	0.24%
78	Hindustan Unilever Limited	Consumer Staples	0.21%
79	Eicher Motors Limited	Consumer Discretionary	0.21%
80	Bank of India	Financial Services	0.18%
81	Godrej Consumer Products Limited	Consumer Staples	0.17%
82	IndusInd Bank Limited	Financial Services	0.15%
83	DLF Limited	Real Estate	0.14%
84	KEI Industries Limited	Industrials	0.11%
85	Hindustan Aeronautics Limited	Industrials	0.08%
86	Oil India Limited	Energy	0.08%
87	Radico Khaitan Limited	Consumer Staples	0.08%
88	UltraTech Cement Limited	Materials	0.06%
89	Dixon Technologies (India) Limited	Consumer Discretionary	0.05%
90	Hindustan Zinc Limited	Materials	0.05%
91	Hero MotoCorp Limited	Consumer Discretionary	0.05%
92	Kaynes Technology India Limited	Industrials	0.05%
93	Godrej Properties Limited	Real Estate	0.04%
94	Medi Assist Healthcare Services Limited	Financial Services	0.04%
95	ABB India Limited	Industrials	0.04%
96	Adani Ports and Special Economic Zone Limited	Services	0.03%
97	Persistent Systems Limited	Information Technology	0.03%
98	The Indian Hotels Company Limited	Consumer Discretionary	0.02%
99	ITC Limited	Consumer Staples	0.01%
100	eClerx Services Limited	Industrials	0.01%
101	Trent Limited	Consumer Discretionary	0.01%
102	Hindalco Industries Limited	Materials	0.01%
103	Prudent Corporate Advisory Services Limited	Financial Services	0.01%
104	Blue Star Limited	Consumer Discretionary	0.01%
105	Jyoti CNC Automation Limited	Industrials	0.01%
106	Infosys Limited	Information Technology	0%
107	Godfrey Phillips India Limited	Consumer Staples	0%
108	Net Current Assets (including cash & bank balances)other	—	-2.53%

Frequently Asked Questions

Yes. As of its 30 June 2026 disclosure, HDFC Bank Limited is 5.03% of HSBC Equity Savings Fund's net assets — its number 1 holding.

Yes. As of its 30 June 2026 disclosure, ICICI Bank Limited is 5.01% of HSBC Equity Savings Fund's net assets — its number 2 holding.

Yes. As of its 30 June 2026 disclosure, State Bank of India is 4.38% of HSBC Equity Savings Fund's net assets — its number 3 holding.

Yes. As of its 30 June 2026 disclosure, Mahindra & Mahindra Limited is 3.64% of HSBC Equity Savings Fund's net assets — its number 4 holding.

Yes. As of its 30 June 2026 disclosure, Axis Bank Limited is 2.78% of HSBC Equity Savings Fund's net assets — its number 5 holding.

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: HSBC Mutual Fund's SEBI-mandated monthly portfolio disclosure, dated 30 June 2026. Data is for information only, not investment advice. Holdings may have changed since the disclosure date.