HSBC Flexi Cap Fund

HSBC Mutual FundEquityPortfolio as of 30 June 2026

HSBC Flexi Cap Fund holds 84 instruments (98.67% equity), led by ICICI Bank Limited (4.52%), HDFC Bank Limited (3.31%) and Reliance Industries Limited (2.75%), as of its 30 June 2026 SEBI-mandated monthly disclosure.

Holdings

Equity Allocation

98.67%

AMC

HSBC Mutual Fund

Portfolio Analysis

HSBC Flexi Cap Fund's top 10 holdings account for 24.66% of its portfolio, more diversified than the Equity category average of 37.5%. Financial Services is its largest sector exposure at 29.63% of net assets, spread across 11 sectors in total. Since its 31 May 2026 disclosure, the fund added 4 new positions and exited 4 positions, with Mtar Technologies Limited seeing the largest move (-0.65pp to 2.08%).

Top 10 Equity Holdings

ICICI Bank Limited · 4.52%HDFC Bank Limited · 3.31%Reliance Industries Limited · 2.75%Shriram Finance Limited · 2.12%TD Power Systems Limited · 2.09%Mtar Technologies Limited · 2.08%Axis Bank Limited · 2.02%Samvardhana Motherson International Limited · 2.01%State Bank of India · 1.96%Radico Khaitan Limited · 1.8%

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.

4 new entries4 exits10 increased10 reduced

New Entries

R R Kabel Limited · 1.19%Avenue Supermarts Limited · 0.96%TATA CONSUMER PRODUCTS LIMITED · 0.93%Kajaria Ceramics Limited · 0.74%

Complete Exits

Britannia Industries Limited · was 0.86%LG Electronics India Limited · was 0.78%JSW Infrastructure Limited · was 0.34%Mahindra & Mahindra Limited · was 0.04%

Biggest Weight Increases

Stock	Weight	Change
Billionbrains Garage Ventures Limited	0.87% → 1.23%	▲ +0.36
Piramal Finance Limited	0.83% → 1.15%	▲ +0.32
ICICI Bank Limited	4.2% → 4.52%	▲ +0.32
Atlanta Electricals Limited	0.2% → 0.48%	▲ +0.28
Maruti Suzuki India Limited	1.09% → 1.36%	▲ +0.27
Larsen & Toubro Limited	1.43% → 1.68%	▲ +0.25
Jyoti CNC Automation Limited	0.44% → 0.68%	▲ +0.24
MphasiS Limited	0.6% → 0.8%	▲ +0.2
Ashok Leyland Limited	1.1% → 1.28%	▲ +0.18
HDFC Bank Limited	3.14% → 3.31%	▲ +0.17

Biggest Weight Reductions

Stock	Weight	Change
Mtar Technologies Limited	2.73% → 2.08%	▼ -0.65
IIFL Capital Services Limited	1.27% → 0.74%	▼ -0.53
Motilal Oswal Financial Services Limited	1.44% → 0.95%	▼ -0.49
Multi Commodity Exchange of India Limited	2.1% → 1.75%	▼ -0.35
Vishal Mega Mart Limited	0.77% → 0.48%	▼ -0.29
Infosys Limited	1.59% → 1.34%	▼ -0.25
ETERNAL LIMITED	1.59% → 1.35%	▼ -0.24
PNB Housing Finance Limited	1.72% → 1.5%	▼ -0.22
JINDAL STEEL LIMITED	1.64% → 1.42%	▼ -0.22
Ather Energy Limited	1.27% → 1.08%	▼ -0.19

Top Holdings — Weight Trend

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

ICICI Bank Limited

4.52%

HDFC Bank Limited

3.31%

Reliance Industries Limited

2.75%

Shriram Finance Limited

2.12%

TD Power Systems Limited

2.09%

Full Portfolio (84 holdings)

#	Holding	Sector	% to NAV
1	ICICI Bank Limited	Financial Services	4.52%
2	HDFC Bank Limited	Financial Services	3.31%
3	Reliance Industries Limited	Energy	2.75%
4	TREPStreps	—	2.22%
5	Shriram Finance Limited	Financial Services	2.12%
6	TD Power Systems Limited	Industrials	2.09%
7	Mtar Technologies Limited	Industrials	2.08%
8	Axis Bank Limited	Financial Services	2.02%
9	Samvardhana Motherson International Limited	Consumer Discretionary	2.01%
10	State Bank of India	Financial Services	1.96%
11	Radico Khaitan Limited	Consumer Staples	1.8%
12	The Karnataka Bank Limited	Financial Services	1.79%
13	Hindalco Industries Limited	Materials	1.76%
14	Multi Commodity Exchange of India Limited	Financial Services	1.75%
15	Bharti Airtel Limited	Telecommunication	1.72%
16	Larsen & Toubro Limited	Industrials	1.68%
17	Coforge Limited	Information Technology	1.67%
18	Varun Beverages Limited	Consumer Staples	1.64%
19	GE Vernova T&D India Limited	Industrials	1.57%
20	Tata Steel Limited	Materials	1.54%
21	PNB Housing Finance Limited	Financial Services	1.5%
22	Wockhardt Limited	Healthcare	1.45%
23	JINDAL STEEL LIMITED	Materials	1.42%
24	Cholamandalam Investment and Finance Company Limited	Financial Services	1.4%
25	Page Industries Limited	Consumer Discretionary	1.4%
26	NTPC Limited	Utilities	1.38%
27	Maruti Suzuki India Limited	Consumer Discretionary	1.36%
28	ETERNAL LIMITED	Consumer Discretionary	1.35%
29	Infosys Limited	Information Technology	1.34%
30	CREDITACCESS GRAMEEN LIMITED	Financial Services	1.33%
31	Tech Mahindra Limited	Information Technology	1.32%
32	Ashok Leyland Limited	Industrials	1.28%
33	Endurance Technologies Limited	Consumer Discretionary	1.24%
34	Billionbrains Garage Ventures Limited	Financial Services	1.23%
35	UltraTech Cement Limited	Materials	1.22%
36	Hindustan Unilever Limited	Consumer Staples	1.22%
37	HDFC Asset Management Company Limited	Financial Services	1.2%
38	R R Kabel Limited	Industrials	1.19%
39	RBL Bank Limited	Financial Services	1.18%
40	Piramal Finance Limited	Financial Services	1.15%
41	Pitti Engineering Limited	Industrials	1.15%
42	Ather Energy Limited	Consumer Discretionary	1.08%
43	Lenskart Solutions Limited	Consumer Discretionary	1.08%
44	Sun Pharmaceutical Industries Limited	Healthcare	1.07%
45	Global Health Limited	Healthcare	1.06%
46	JSW Energy Limited	Utilities	1.04%
47	Lupin Limited	Healthcare	0.99%
48	Godrej Consumer Products Limited	Consumer Staples	0.99%
49	Devyani International Limited	Consumer Discretionary	0.96%
50	Avenue Supermarts Limited	Consumer Discretionary	0.96%
51	Motilal Oswal Financial Services Limited	Financial Services	0.95%
52	TVS Motor Company Limited	Consumer Discretionary	0.94%
53	TATA CONSUMER PRODUCTS LIMITED	Consumer Staples	0.93%
54	Bharat Heavy Electricals Limited	Industrials	0.91%
55	Hindustan Petroleum Corporation Limited	Energy	0.86%
56	Paradeep Phosphates Limited	Materials	0.83%
57	Bansal Wire Industries Limited	Industrials	0.82%
58	Indian Bank	Financial Services	0.82%
59	GK Energy Limited	Industrials	0.8%
60	MphasiS Limited	Information Technology	0.8%
61	Birla Corporation Limited	Materials	0.78%
62	Bharat Bijlee Limited	Industrials	0.77%
63	Titan Company Limited	Consumer Discretionary	0.76%
64	LTM Limited	Information Technology	0.75%
65	IIFL Capital Services Limited	Financial Services	0.74%
66	Kajaria Ceramics Limited	Consumer Discretionary	0.74%
67	Awfis Space Solutions Limited	Industrials	0.7%
68	Dishman Carbogen Amcis Limited	Healthcare	0.69%
69	Jyoti CNC Automation Limited	Industrials	0.68%
70	Power Finance Corporation Limited	Financial Services	0.66%
71	Divi's Laboratories Limited	Healthcare	0.6%
72	Bharat Electronics Limited	Industrials	0.6%
73	Polycab India Limited	Industrials	0.57%
74	Gokaldas Exports Limited	Consumer Discretionary	0.57%
75	Hindustan Aeronautics Limited	Industrials	0.52%
76	Atlanta Electricals Limited	Industrials	0.48%
77	Vishal Mega Mart Limited	Consumer Discretionary	0.48%
78	Persistent Systems Limited	Information Technology	0.47%
79	DLF Limited	Real Estate	0.46%
80	Pearl Global Industries Limited	Consumer Discretionary	0.46%
81	Oil India Limited	Energy	0.42%
82	Amber Enterprises India Limited	Consumer Discretionary	0.42%
83	TARC Limited	Real Estate	0.37%
84	Net Current Assets (including cash & bank balances)other	—	-0.89%

Frequently Asked Questions

Yes. As of its 30 June 2026 disclosure, ICICI Bank Limited is 4.52% of HSBC Flexi Cap Fund's net assets — its number 1 holding.

Yes. As of its 30 June 2026 disclosure, HDFC Bank Limited is 3.31% of HSBC Flexi Cap Fund's net assets — its number 2 holding.

Yes. As of its 30 June 2026 disclosure, Reliance Industries Limited is 2.75% of HSBC Flexi Cap Fund's net assets — its number 3 holding.

Yes. As of its 30 June 2026 disclosure, Shriram Finance Limited is 2.12% of HSBC Flexi Cap Fund's net assets — its number 4 holding.

Yes. As of its 30 June 2026 disclosure, TD Power Systems Limited is 2.09% of HSBC Flexi Cap 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.