HDFC Focused Fund
HDFC Focused Fund remains heavily tilted toward banking, which comprises over a third of the portfolio with concentrated positions in all major players. The manager's swap of Bajaj Auto for CG Power, coupled with elevated cash levels, suggests selective caution even as the core conviction in financial sector resilience remains intact. This positioning indicates confidence in rate-sensitive plays while maintaining flexibility to deploy capital opportunistically.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Regular Growth | ₹221.1600 | -2.54% | -2.32% | +17.05% | +19.67% |
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 |
|---|---|
| CG Power and Industrial Solutions Ltd. | 0.59% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | ICICI Bank Ltd. INE090A01021 | 9.02% |
| 2 | HDFC Bank Ltd.£ INE040A01034 | 8.41% |
| 3 | TREPS - Tri-party Repo | 7.31% |
| 4 | Axis Bank Ltd. INE238A01034 | 7.27% |
| 5 | State Bank of India INE062A01020 | 5.76% |
| 6 | Kotak Mahindra Bank Limited INE237A01036 | 5.53% |
| 7 | HCL Technologies Ltd. INE860A01027 | 3.89% |
| 8 | Bharti Airtel Ltd. INE397D01024 | 3.69% |
| 9 | SBI Life Insurance Company Ltd. INE123W01016 | 3.58% |
| 10 | Maruti Suzuki India Limited INE585B01010 | 3.58% |
| 11 | Eternal Limited INE758T01015 | 3.53% |
| 12 | Cipla Ltd. INE059A01026 | 3.49% |
| 13 | Power Grid Corporation of India Ltd. INE752E01010 | 3.28% |
| 14 | Eicher Motors Ltd. INE066A01021 | 3.24% |
| 15 | InterGlobe Aviation Ltd. INE646L01027 | 3.05% |
| 16 | Tata Steel Ltd. INE081A01020 | 2.58% |
| 17 | Havells India Ltd. INE176B01034 | 2.54% |
| 18 | Karur Vysya Bank Ltd. INE036D01028 | 2.11% |
| 19 | Fsn Ecommerce Ventures Limited (Nykaa) INE388Y01029 | 2.02% |
| 20 | Nexus Select Trust REIT INE0NDH25011 | 1.78% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does HDFC Focused Fund hold?
HDFC Focused Fund holds 31 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 35.99% of NAV.
What is the largest holding in HDFC Focused Fund?
The largest position in HDFC Focused Fund is ICICI Bank Ltd., accounting for 9.02% of NAV in the Banks sector.
Is HDFC Focused Fund a concentrated or diversified fund?
With a Gini coefficient of 0.380, HDFC Focused Fund is well-diversified. The HHI concentration index is 42,337 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 35.99% of the portfolio.
What is the market cap allocation of HDFC Focused Fund?
Based on SEBI's AMFI classification, HDFC Focused Fund's equity portfolio is split as: Large Cap: 68.29%, Mid Cap: 6.23%, Small Cap: 10.67%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does HDFC Focused Fund invest in most?
HDFC Focused Fund has the highest allocation to Banks (38.10%), Automobiles (8.42%), Retailing (5.55%). The fund is invested across 18 sectors in total.
How actively managed is HDFC Focused Fund compared to other Focused Fund funds?
HDFC Focused Fund has an Active Share of 65.45%, classifying it as "Active Stock Picker" among 27 Focused Fund peers. This indicates a moderate level of differentiation from category peers.
What changed in HDFC Focused Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, HDFC Focused Fund added 1 new stock (including CG Power and Industrial Solutions Ltd.) and exited 1 stock (including Bajaj Auto Limited). Total holding count remained at 33 stocks.