HDFC Hybrid Equity Fund
HDFC Hybrid Equity maintains an aggressive 89% equity exposure heavily weighted toward financial services, with banks commanding nearly 23% of the portfolio. The manager's conviction in quality largecaps is evident through concentrated positioning in ICICI and HDFC Bank alongside sovereign debt holdings, signaling a defensive tilt within aggression. Recent additions of SBI Life and HCL Technologies suggest selective rotation toward insurance and software, hinting at tactical repositioning while preserving core banking exposure.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Regular Growth | ₹110.3120 | -2.54% | -6.29% | +7.50% | +10.00% |
Portfolio Metrics(latest month)
vs Category Peers
Active Stock PickerActive Share = ½Σ|wfund − wpeer|, computed using leave-one-out peer portfolio within SEBI category.
Similar Funds in Category
What Changed2026-03-31 → 2026-04-30
| Stock | Weight |
|---|---|
| SBI Life Insurance Company Ltd. | 0.49% |
| HCL Technologies Ltd. | 0.37% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | ICICI Bank Ltd. INE090A01021 | 6.63% |
| 2 | HDFC Bank Ltd.£ INE040A01034 | 6.53% |
| 3 | Reliance Industries Ltd. INE002A01018 | 4.75% |
| 4 | State Bank of India INE062A01020 | 3.59% |
| 5 | Axis Bank Ltd. INE238A01034 | 3.13% |
| 6 | Kotak Mahindra Bank Limited INE237A01036 | 3.01% |
| 7 | Infosys Limited INE009A01021 | 2.69% |
| 8 | Larsen and Toubro Ltd. INE018A01030 | 2.61% |
| 9 | 7.34% GOI MAT 220464 IN0020240035 | 2.54% |
| 10 | Bharti Airtel Ltd. INE397D01024 | 2.03% |
| 11 | Maruti Suzuki India Limited INE585B01010 | 1.79% |
| 12 | ITC LIMITED INE154A01025 | 1.77% |
| 13 | Bajaj Finance Ltd.^ INE296A07TH8 | 1.58% |
| 14 | HDFC NIFTY 50 ETF INF179KC1965 | 1.56% |
| 15 | NTPC Limited INE733E01010 | 1.52% |
| 16 | Eris Lifesciences Ltd INE406M01024 | 1.46% |
| 17 | Divis Laboratories Ltd. INE361B01024 | 1.46% |
| 18 | Zensar Technologies Ltd. INE520A01027 | 1.29% |
| 19 | Krishna Institute Of Medical Sciences Limited INE967H01025 | 1.26% |
| 20 | CPSE ETF INF457M01133 | 1.22% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does HDFC Hybrid Equity Fund hold?
HDFC Hybrid Equity Fund holds 130 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 24.63% of NAV.
What is the largest holding in HDFC Hybrid Equity Fund?
The largest position in HDFC Hybrid Equity Fund is ICICI Bank Ltd., accounting for 6.63% of NAV in the Banks sector.
Is HDFC Hybrid Equity Fund a concentrated or diversified fund?
With a Gini coefficient of 0.569, HDFC Hybrid Equity Fund is moderately concentrated. The HHI concentration index is 21,753 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 24.63% of the portfolio.
What is the market cap allocation of HDFC Hybrid Equity Fund?
Based on SEBI's AMFI classification, HDFC Hybrid Equity Fund's equity portfolio is split as: Large Cap: 46.45%, Mid Cap: 4.84%, Small Cap: 15.60%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does HDFC Hybrid Equity Fund invest in most?
HDFC Hybrid Equity Fund has the highest allocation to Banks (22.89%), CRISIL - AAA (13.65%), Sovereign (6.47%). The fund is invested across 35 sectors in total.
How actively managed is HDFC Hybrid Equity Fund compared to other Aggressive Hybrid Fund funds?
HDFC Hybrid Equity Fund has an Active Share of 64.83%, classifying it as "Active Stock Picker" among 28 Aggressive Hybrid Fund peers. This indicates a moderate level of differentiation from category peers.
What changed in HDFC Hybrid Equity Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, HDFC Hybrid Equity Fund added 2 new stocks (including SBI Life Insurance Company Ltd.). Total holding count increased from 130 to 132 stocks.