HDFC Flexi Cap Fund
The fund maintains a pronounced banking tilt with nearly 32% exposure concentrated across five financial stocks, signaling conviction in sector strength despite elevated valuations. The manager added four fresh positions including defensive plays like Britannia and cyclical bets in oil and defence, suggesting a shift toward diversification while preserving the financial sector core. With top-10 holdings accounting for nearly half the portfolio, this remains a conviction-driven strategy betting on large-cap stability rather than broad-based flexibility.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Regular Growth | ₹1938.3750 | -2.25% | -0.95% | +17.90% | +18.56% |
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 |
|---|---|
| Britannia Industries Ltd. | 0.54% |
| Prestige Estates Projects Ltd. | 0.47% |
| Hindustan Petroleum Corp. Ltd. | 0.04% |
| Bharat Electronics Ltd. | 0.02% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | ICICI Bank Ltd. INE090A01021 | 8.69% |
| 2 | Axis Bank Ltd. INE238A01034 | 6.83% |
| 3 | HDFC Bank Ltd.£ INE040A01034 | 6.81% |
| 4 | State Bank of India INE062A01020 | 4.74% |
| 5 | TREPS - Tri-party Repo | 4.47% |
| 6 | SBI Life Insurance Company Ltd. INE123W01016 | 3.79% |
| 7 | Kotak Mahindra Bank Limited INE237A01036 | 3.47% |
| 8 | Larsen and Toubro Ltd. INE018A01030 | 3.35% |
| 9 | Bharti Airtel Ltd. INE397D01024 | 3.10% |
| 10 | Power Grid Corporation of India Ltd. INE752E01010 | 2.78% |
| 11 | Maruti Suzuki India Limited INE585B01010 | 2.78% |
| 12 | Cipla Ltd. INE059A01026 | 2.74% |
| 13 | Eternal Limited INE758T01015 | 2.55% |
| 14 | HCL Technologies Ltd. INE860A01027 | 2.54% |
| 15 | Eicher Motors Ltd. INE066A01021 | 2.46% |
| 16 | InterGlobe Aviation Ltd. INE646L01027 | 2.43% |
| 17 | Reliance Industries Ltd. INE002A01018 | 2.19% |
| 18 | Bajaj Auto Limited INE917I01010 | 1.99% |
| 19 | JSW Steel Ltd. INE019A01038 | 1.72% |
| 20 | Nexus Select Trust REIT INE0NDH25011 | 1.70% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does HDFC Flexi Cap Fund hold?
HDFC Flexi Cap Fund holds 67 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 30.86% of NAV.
What is the largest holding in HDFC Flexi Cap Fund?
The largest position in HDFC Flexi Cap Fund is ICICI Bank Ltd., accounting for 8.69% of NAV in the Banks sector.
Is HDFC Flexi Cap Fund a concentrated or diversified fund?
With a Gini coefficient of 0.548, HDFC Flexi Cap Fund is moderately concentrated. The HHI concentration index is 32,687 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 30.86% of the portfolio.
What is the market cap allocation of HDFC Flexi Cap Fund?
Based on SEBI's AMFI classification, HDFC Flexi Cap Fund's equity portfolio is split as: Large Cap: 73.25%, Mid Cap: 8.61%, Small Cap: 7.31%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does HDFC Flexi Cap Fund invest in most?
HDFC Flexi Cap Fund has the highest allocation to Banks (31.90%), Automobiles (8.86%), Pharmaceuticals & Biotechnology (6.85%). The fund is invested across 27 sectors in total.
How actively managed is HDFC Flexi Cap Fund compared to other Flexi Cap Fund funds?
HDFC Flexi Cap Fund has an Active Share of 59.37%, classifying it as "Active Stock Picker" among 41 Flexi Cap Fund peers. This indicates a moderate level of differentiation from category peers.
What changed in HDFC Flexi Cap Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, HDFC Flexi Cap Fund added 4 new stocks (including Britannia Industries Ltd.). Total holding count increased from 65 to 69 stocks.