HDFC Hybrid Equity Fund
HDFC Mutual Fund·Aggressive Hybrid Fund·vs Nifty 500 TRI
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 | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Regular Growth | ₹109.7400 | -1.61% | -7.46% | -9.09% | -5.70% | +7.47% | +9.89% |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
130
Top 5 Weight
24.63%
Top 10 Weight
37.51%
Active Share
—
Large Cap
46.45%
Gini
0.569
What Changed2026-03-31 → 2026-04-30
Holdings: 130 → 132+2 added−0 removed13 weight shifts ≥ 0.1%
| 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
Banks22.9%
CRISIL - AAA13.7%
Sovereign6.5%
IT - Software5.6%
Petroleum Products5.5%
Construction4.7%
Pharmaceuticals & Biotechnology4.3%
Automobiles3.7%
Auto Components2.9%
Telecom - Services2.0%
Top 10 sectors by % to NAV. Excludes derivatives.