HDFC Housing Opportunities Fund
The fund positions heavily in infrastructure, real estate enablers, and financial services—betting on sustained housing-led growth and construction momentum. Banking dominance at nearly 30 percent signals confidence in credit expansion tied to housing demand, while cement and construction together represent over 25 percent, reflecting conviction in supply-side tailwinds. The addition of Kotak Mahindra Bank and modest cash increase suggest the manager is maintaining conviction but selectively pruning exposure, trading liquidity for incremental positioning in quality financials.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Primary | ₹21.4800 | -1.01% | -2.61% | +15.15% | +14.97% |
Portfolio Metrics(latest month)
vs Category Peers
Highly DifferentiatedActive 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 |
|---|---|
| Kotak Mahindra Bank Limited | 1.27% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Larsen and Toubro Ltd. INE018A01030 | 8.31% |
| 2 | NTPC Limited INE733E01010 | 8.26% |
| 3 | HDFC Bank Ltd.£ INE040A01034 | 7.99% |
| 4 | State Bank of India INE062A01020 | 7.52% |
| 5 | ICICI Bank Ltd. INE090A01021 | 7.06% |
| 6 | Ambuja Cements Ltd. INE079A01024 | 5.88% |
| 7 | Tata Steel Ltd. INE081A01020 | 4.90% |
| 8 | UltraTech Cement Limited INE481G01011 | 4.32% |
| 9 | Axis Bank Ltd. INE238A01034 | 4.20% |
| 10 | Kalpataru Projects International Ltd INE220B01022 | 4.14% |
| 11 | TREPS - Tri-party Repo | 4.06% |
| 12 | Prestige Estates Projects Ltd. INE811K01011 | 3.81% |
| 13 | JSW Dulux Limited INE133A01011 | 2.20% |
| 14 | Electronics Mart India Ltd INE02YR01019 | 1.88% |
| 15 | Asian Paints Limited INE021A01026 | 1.82% |
| 16 | Repco Home Finance Ltd. INE612J01015 | 1.82% |
| 17 | Havells India Ltd. INE176B01034 | 1.80% |
| 18 | Hindalco Industries Ltd. INE038A01020 | 1.72% |
| 19 | Birla Corporation Ltd. INE340A01012 | 1.69% |
| 20 | Kolte Patil Developers Limited INE094I01018 | 1.59% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does HDFC Housing Opportunities Fund hold?
HDFC Housing Opportunities Fund holds 35 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 39.14% of NAV.
What is the largest holding in HDFC Housing Opportunities Fund?
The largest position in HDFC Housing Opportunities Fund is Larsen and Toubro Ltd., accounting for 8.31% of NAV in the Construction sector.
Is HDFC Housing Opportunities Fund a concentrated or diversified fund?
With a Gini coefficient of 0.461, HDFC Housing Opportunities Fund is moderately concentrated. The HHI concentration index is 47,681 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 39.14% of the portfolio.
What is the market cap allocation of HDFC Housing Opportunities Fund?
Based on SEBI's AMFI classification, HDFC Housing Opportunities Fund's equity portfolio is split as: Large Cap: 64.26%, Mid Cap: 6.44%, Small Cap: 24.11%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does HDFC Housing Opportunities Fund invest in most?
HDFC Housing Opportunities Fund has the highest allocation to Banks (29.35%), Construction (13.57%), Cement & Cement Products (11.89%). The fund is invested across 12 sectors in total.
How actively managed is HDFC Housing Opportunities Fund compared to other Sectoral / Thematic funds?
HDFC Housing Opportunities Fund has an Active Share of 82.49%, classifying it as "Highly Differentiated" among 237 Sectoral / Thematic peers. This means the fund takes significantly different stock positions compared to its category peers.
What changed in HDFC Housing Opportunities Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, HDFC Housing Opportunities Fund added 1 new stock (including Kotak Mahindra Bank Limited). Total holding count increased from 36 to 37 stocks.