HSBC Value Fund

HSBC Mutual FundEquityPortfolio as of 31 August 2026

HSBC Value Fund holds 86 instruments (96.45% equity), led by ICICI Bank Limited (4.2%), HDFC Bank Limited (4.15%) and Karur Vysya Bank Limited (3.57%), as of its 31 August 2026 SEBI-mandated monthly disclosure.

Holdings
86
Equity Allocation
96.45%
AMC
HSBC Mutual Fund
Category
Equity

This page shows the complete disclosed portfolio of HSBC Value Fund, managed by HSBC Mutual Fund, based on its monthly portfolio disclosure dated 31 August 2026. The fund holds 86 instruments with an equity allocation of 96.45%. Percentages are of net assets (% to NAV). Click any stock to see every other mutual fund that also holds it.

Portfolio Analysis

HSBC Value Fund's top 10 holdings account for 30.91% of its portfolio, more diversified than the Equity category average of 37%. Financial Services is its largest sector exposure at 35.26% of net assets, spread across 11 sectors in total. Since its 31 July 2026 disclosure, the fund added 2 new positions and exited 2 positions, with NTPC Limited seeing the largest move (-1.44pp to 1.55%).

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.

Financial Services
35.26%
Consumer Discretionary
16.03%
Industrials
13.17%
Materials
8.63%
Consumer Staples
7.19%
Energy
4.3%
Information Technology
3.72%
Other
3.55%
Real Estate
2.99%
Healthcare
2.39%
Utilities
1.55%
Telecommunication
1.22%

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.

2 new entries2 exits10 increased10 reduced

Biggest Weight Increases

StockWeightChange
Balrampur Chini Mills Limited1.35% → 2.32%▲ +0.97
Jubilant Foodworks Limited0.55% → 1.11%▲ +0.56
Tata Motors Limited0.49% → 1.01%▲ +0.52
Sapphire Foods India Limited0.42% → 0.88%▲ +0.46
Finolex Cables Limited1.98% → 2.43%▲ +0.45
Multi Commodity Exchange of India Limited1.19% → 1.47%▲ +0.28
Welspun Living Limited1.13% → 1.38%▲ +0.25
Jindal Saw Limited1.36% → 1.6%▲ +0.24
Indo Count Industries Limited0.5% → 0.71%▲ +0.21
United Spirits Limited0.81% → 1.01%▲ +0.2

Biggest Weight Reductions

StockWeightChange
NTPC Limited2.99% → 1.55%▼ -1.44
Angel One Limited1.95% → 1.26%▼ -0.69
Coromandel International Limited1.07% → 0.69%▼ -0.38
HDFC Bank Limited4.5% → 4.15%▼ -0.35
PNC Infratech Limited0.61% → 0.34%▼ -0.27
KEC International Limited0.54% → 0.39%▼ -0.15
Bharti Airtel Limited1.37% → 1.22%▼ -0.15
Housing & Urban Development Corporation Limited0.68% → 0.53%▼ -0.15
Reliance Industries Limited2.93% → 2.79%▼ -0.14
Page Industries Limited0.93% → 0.81%▼ -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: 2.33%, Apr: 2.65%, May: 2.69%, Jun: 4.11%, Jul: 4.25%, Aug: 4.2%
4.2%
Mar: 3.33%, Apr: 3.73%, May: 3.68%, Jun: 4.85%, Jul: 4.5%, Aug: 4.15%
4.15%
Mar: 3.42%, Apr: 3.12%, May: 3.14%, Jun: 3.15%, Jul: 3.61%, Aug: 3.57%
3.57%
Mar: 2.72%, Apr: 2.71%, May: 2.89%, Jun: 3.23%, Jul: 3.48%, Aug: 3.37%
3.37%
Mar: 3.91%, Apr: 3.83%, May: 3.05%, Jun: 3.18%, Jul: 3.15%, Aug: 3.17%
3.17%

Full Portfolio (86 holdings)

#HoldingSector% to NAV
1ICICI Bank LimitedFinancial Services4.2%
2HDFC Bank LimitedFinancial Services4.15%
3Karur Vysya Bank LimitedFinancial Services3.57%
4The Federal Bank LimitedFinancial Services3.37%
5State Bank of IndiaFinancial Services3.17%
6TREPStreps—2.94%
7Reliance Industries LimitedEnergy2.79%
8PNB Housing Finance LimitedFinancial Services2.66%
9Finolex Cables LimitedIndustrials2.43%
10Balrampur Chini Mills LimitedConsumer Staples2.32%
11Shriram Finance LimitedFinancial Services2.25%
12Larsen & Toubro LimitedIndustrials2.16%
13Hero MotoCorp LimitedConsumer Discretionary2.07%
14Indian BankFinancial Services2%
15Tech Mahindra LimitedInformation Technology1.99%
16Jindal Saw LimitedIndustrials1.6%
17NTPC LimitedUtilities1.55%
18Maruti Suzuki India LimitedConsumer Discretionary1.49%
19Multi Commodity Exchange of India LimitedFinancial Services1.47%
20Pearl Global Industries LimitedConsumer Discretionary1.38%
21Welspun Living LimitedConsumer Discretionary1.38%
22The Ramco Cements LimitedMaterials1.33%
23JINDAL STEEL LIMITEDMaterials1.32%
24K.P.R. Mill LimitedConsumer Discretionary1.31%
25Trent LimitedConsumer Discretionary1.26%
26Angel One LimitedFinancial Services1.26%
27Bharti Airtel LimitedTelecommunication1.22%
28Axis Bank LimitedFinancial Services1.19%
29Punjab National BankFinancial Services1.18%
30Power Mech Projects LimitedIndustrials1.16%
31Thangamayil Jewellery LimitedConsumer Discretionary1.13%
32Mahindra & Mahindra Financial Services LimitedFinancial Services1.13%
33Jindal Stainless LimitedMaterials1.13%
34GE Vernova T&D India LimitedIndustrials1.13%
35Jubilant Foodworks LimitedConsumer Discretionary1.11%
36Sun Pharmaceutical Industries LimitedHealthcare1.1%
37Can Fin Homes LimitedFinancial Services1.05%
38Hindustan Unilever LimitedConsumer Staples1.04%
39Tata Motors LimitedIndustrials1.01%
40United Spirits LimitedConsumer Staples1.01%
41Vardhman Textiles LimitedConsumer Discretionary1.01%
42Paradeep Phosphates LimitedMaterials0.99%
43Hindustan Petroleum Corporation LimitedEnergy0.99%
44CCL Products (India) LimitedConsumer Staples0.97%
45Ratnamani Metals & Tubes LimitedIndustrials0.92%
46Infosys LimitedInformation Technology0.92%
47Mahindra & Mahindra LimitedConsumer Discretionary0.9%
48Oberoi Realty LimitedReal Estate0.9%
49Siemens LimitedIndustrials0.89%
50Sapphire Foods India LimitedConsumer Discretionary0.88%
51Sobha LimitedReal Estate0.87%
52Canara BankFinancial Services0.87%
53Godfrey Phillips India LimitedConsumer Staples0.83%
54Page Industries LimitedConsumer Discretionary0.81%
55Kotak Mahindra Bank LimitedFinancial Services0.77%
56Hindalco Industries LimitedMaterials0.75%
57Indo Count Industries LimitedConsumer Discretionary0.71%
58Coromandel International LimitedMaterials0.69%
59Time Technoplast LimitedIndustrials0.63%
60Brigade Enterprises LimitedReal Estate0.63%
61Birla Corporation LimitedMaterials0.61%
62Net Current Assets (including cash & bank balances)other—0.61%
63Aditya Birla Real Estate LimitedReal Estate0.59%
64Globus Spirits LimitedConsumer Staples0.59%
65Housing & Urban Development Corporation LimitedFinancial Services0.53%
66Oil India LimitedEnergy0.52%
67MANIPAL HEALTH ENTERPRISES LHealthcare0.5%
68HCL Technologies LimitedInformation Technology0.49%
69National Aluminium Company LimitedMaterials0.47%
70JK Paper LimitedMaterials0.44%
71ITC LimitedConsumer Staples0.43%
72Senores Pharmaceuticals LimitedHealthcare0.41%
73KEC International LimitedIndustrials0.39%
74Epigral LimitedMaterials0.39%
75Eris Lifesciences LimitedHealthcare0.38%
76Bayer Cropscience LimitedMaterials0.35%
77PNC Infratech LimitedIndustrials0.34%
78Wipro LimitedInformation Technology0.32%
79VIP Industries LimitedConsumer Discretionary0.31%
80Bharat Bijlee LimitedIndustrials0.26%
81KNR Constructions LimitedIndustrials0.25%
82HDB Financial Services LimitedFinancial Services0.24%
83Nippon Life India Asset Management LimitedFinancial Services0.2%
84JK Lakshmi Cement LimitedMaterials0.16%
85Shriram Pistons & Rings LimitedConsumer Discretionary0.15%
86Somany Ceramics LimitedConsumer Discretionary0.13%

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Frequently Asked Questions

Yes. As of its 31 August 2026 disclosure, ICICI Bank Limited is 4.2% of HSBC Value Fund's net assets — its number 1 holding.
Yes. As of its 31 August 2026 disclosure, HDFC Bank Limited is 4.15% of HSBC Value Fund's net assets — its number 2 holding.
Yes. As of its 31 August 2026 disclosure, Karur Vysya Bank Limited is 3.57% of HSBC Value Fund's net assets — its number 3 holding.
Yes. As of its 31 August 2026 disclosure, The Federal Bank Limited is 3.37% of HSBC Value Fund's net assets — its number 4 holding.
Yes. As of its 31 August 2026 disclosure, State Bank of India is 3.17% of HSBC Value 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.