HSBC Infrastructure Fund

HSBC Mutual FundThematicPortfolio as of 31 August 2026

HSBC Infrastructure Fund holds 53 instruments (95.42% equity), led by NTPC Limited (7.52%), Larsen & Toubro Limited (7.25%) and Bharat Electronics Limited (5.96%), as of its 31 August 2026 SEBI-mandated monthly disclosure.

Holdings
53
Equity Allocation
95.42%
AMC
HSBC Mutual Fund
Category
Thematic

This page shows the complete disclosed portfolio of HSBC Infrastructure Fund, managed by HSBC Mutual Fund, based on its monthly portfolio disclosure dated 31 August 2026. The fund holds 53 instruments with an equity allocation of 95.42%. Percentages are of net assets (% to NAV). Click any stock to see every other mutual fund that also holds it.

Portfolio Analysis

HSBC Infrastructure Fund's top 10 holdings account for 48.72% of its portfolio, in line with the Thematic category average of 49.2%. Industrials is its largest sector exposure at 60.41% of net assets, spread across 8 sectors in total. Since its 31 July 2026 disclosure, the fund added 3 new positions and exited 3 positions, with JUNIPER GREEN ENERGY LTD seeing the largest move (+1.51pp to 1.61%).

Sector Breakdown

Equity holdings grouped by sector, % to NAV. "Other" covers debt, cash and other non-equity instruments, plus any equity holding without a classified sector.

Industrials
60.41%
Utilities
9.85%
Telecommunication
7.02%
Materials
5.65%
Energy
5.19%
Services
4.65%
Other
4.58%
Consumer Discretionary
1.77%
Real Estate
0.88%

Top 10 Equity Holdings

What Changed: July 2026 → August 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.

3 new entries3 exits10 increased10 reduced

Biggest Weight Increases

StockWeightChange
JUNIPER GREEN ENERGY LTD0.1% → 1.61%▲ +1.51
Kennametal India Limited1.7% → 2.53%▲ +0.83
APL Apollo Tubes Limited1.39% → 2.07%▲ +0.68
Mtar Technologies Limited3.46% → 4.07%▲ +0.61
Sterlite Technologies Limited1.06% → 1.33%▲ +0.27
Happy Forgings Limited0.62% → 0.87%▲ +0.25
Jyoti CNC Automation Limited1.29% → 1.52%▲ +0.23
KEI Industries Limited2.12% → 2.33%▲ +0.21
Engineers India Limited1.59% → 1.79%▲ +0.2
Atlanta Electricals Limited0.98% → 1.11%▲ +0.13

Biggest Weight Reductions

StockWeightChange
NTPC Limited8.32% → 7.52%▼ -0.8
Bharti Airtel Limited6.47% → 5.69%▼ -0.78
Bharat Electronics Limited6.65% → 5.96%▼ -0.69
Hindalco Industries Limited2.08% → 1.45%▼ -0.63
PNC Infratech Limited0.66% → 0.14%▼ -0.52
Reliance Industries Limited4.91% → 4.6%▼ -0.31
UltraTech Cement Limited3.98% → 3.67%▼ -0.31
Kirloskar Oil Engines Limited3.44% → 3.16%▼ -0.28
R R Kabel Limited1.21% → 1.07%▼ -0.14
Larsen & Toubro Limited7.37% → 7.25%▼ -0.12

Top Holdings — Weight Trend

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

Mar: 9.93%, Apr: 9.12%, May: 8.74%, Jun: 8.23%, Jul: 8.32%, Aug: 7.52%
7.52%
Mar: 7.02%, Apr: 6.86%, May: 6.88%, Jun: 7.47%, Jul: 7.37%, Aug: 7.25%
7.25%
Mar: 7.88%, Apr: 7.24%, May: 6.81%, Jun: 6.8%, Jul: 6.65%, Aug: 5.96%
5.96%
Mar: 6.71%, Apr: 6.06%, May: 5.81%, Jun: 5.85%, Jul: 6.47%, Aug: 5.69%
5.69%
Mar: 6.58%, Apr: 5.97%, May: 4.8%, Jun: 4.68%, Jul: 4.91%, Aug: 4.6%
4.6%

Full Portfolio (53 holdings)

#HoldingSector% to NAV
1NTPC LimitedUtilities7.52%
2Larsen & Toubro LimitedIndustrials7.25%
3Bharat Electronics LimitedIndustrials5.96%
4Bharti Airtel LimitedTelecommunication5.69%
5TREPStreps—4.76%
6Reliance Industries LimitedEnergy4.6%
7Mtar Technologies LimitedIndustrials4.07%
8UltraTech Cement LimitedMaterials3.67%
9Hindustan Aeronautics LimitedIndustrials3.5%
10InterGlobe Aviation LimitedServices3.3%
11Kirloskar Oil Engines LimitedIndustrials3.16%
12GE Vernova T&D India LimitedIndustrials2.96%
13TD POWER SYSTEMS LTDIndustrials2.88%
14Kennametal India LimitedIndustrials2.53%
15KEI Industries LimitedIndustrials2.33%
16ABB India LimitedIndustrials2.11%
17APL Apollo Tubes LimitedIndustrials2.07%
18Engineers India LimitedIndustrials1.79%
19Polycab India LimitedIndustrials1.69%
20JUNIPER GREEN ENERGY LTDUtilities1.61%
21Siemens LimitedIndustrials1.6%
22Amber Enterprises India LimitedConsumer Discretionary1.54%
23TITAGARH RAIL SYSTEMS LIMITEDIndustrials1.52%
24Jyoti CNC Automation LimitedIndustrials1.52%
25Bharat Heavy Electricals LimitedIndustrials1.5%
26Hindalco Industries LimitedMaterials1.45%
27Sterlite Technologies LimitedTelecommunication1.33%
28KIRLOSKAR PNEUMATIC CO LTDIndustrials1.14%
29Atlanta Electricals LimitedIndustrials1.11%
30R R Kabel LimitedIndustrials1.07%
31Tata Motors LimitedIndustrials1.05%
32The Phoenix Mills LimitedReal Estate0.88%
33Happy Forgings LimitedIndustrials0.87%
34Pitti Engineering LimitedIndustrials0.85%
35Bansal Wire Industries LimitedIndustrials0.85%
36Siemens Energy India LimitedIndustrials0.82%
37Diamond Power Infrastructure LimitedIndustrials0.8%
38Delhivery LimitedServices0.77%
39JSW Energy LimitedUtilities0.72%
40Oil India LimitedEnergy0.59%
41Shadowfax Technologies LimitedServices0.58%
42KSH International LimitedIndustrials0.58%
43Cummins India LimitedIndustrials0.57%
44JSW Steel LimitedMaterials0.53%
45Bharat Bijlee LimitedIndustrials0.52%
46Power Mech Projects LimitedIndustrials0.52%
47Ashok Leyland LimitedIndustrials0.4%
48Ahluwalia Contracts (India) LimitedIndustrials0.28%
49PG Electroplast LimitedConsumer Discretionary0.23%
50GK Energy LimitedIndustrials0.2%
51Apar Industries LimitedIndustrials0.2%
52PNC Infratech LimitedIndustrials0.14%
53Net Current Assets (including cash & bank balances)other—-0.18%

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Frequently Asked Questions

Yes. As of its 31 August 2026 disclosure, NTPC Limited is 7.52% of HSBC Infrastructure Fund's net assets — its number 1 holding.
Yes. As of its 31 August 2026 disclosure, Larsen & Toubro Limited is 7.25% of HSBC Infrastructure Fund's net assets — its number 2 holding.
Yes. As of its 31 August 2026 disclosure, Bharat Electronics Limited is 5.96% of HSBC Infrastructure Fund's net assets — its number 3 holding.
Yes. As of its 31 August 2026 disclosure, Bharti Airtel Limited is 5.69% of HSBC Infrastructure Fund's net assets — its number 4 holding.
Yes. As of its 31 August 2026 disclosure, Reliance Industries Limited is 4.6% of HSBC Infrastructure 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 31 August 2026. Data is for information only, not investment advice. Holdings may have changed since the disclosure date.