HDFC Focused Fund
HDFC Mutual Fund·Focused Fund·vs Nifty 500 TRI
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 | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Regular Growth | ₹218.5160 | -2.42% | -8.94% | -8.27% | -2.42% | +16.82% | +19.38% |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
31
Top 5 Weight
35.99%
Top 10 Weight
54.26%
Active Share
—
Large Cap
68.29%
Gini
0.380
What Changed2026-03-31 → 2026-04-30
Holdings: 33 → 33+1 added−1 removed14 weight shifts ≥ 0.1%
| 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
Banks38.1%
Automobiles8.4%
Retailing5.5%
Pharmaceuticals & Biotechnology5.1%
Consumer Durables4.1%
IT - Software3.9%
Telecom - Services3.7%
Insurance3.6%
Power3.3%
Transport Services3.0%
Top 10 sectors by % to NAV. Excludes derivatives.