HDFC Value Fund
HDFC Value Fund maintains a pronounced banking concentration at nearly a quarter of the portfolio, betting heavily on financial sector stability and valuation appeal. The manager's recent pivot toward TREPS and selective additions like Hyundai and Poonawalla Fincorp suggests tactical repositioning toward liquidity management and financial services breadth. This modest rebalancing signals confidence in banking fundamentals while preserving diversification across 73 holdings, though the top-10 dominance at 37 percent leaves limited upside from smaller positions.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Regular Growth | ₹738.1950 | -1.11% | +2.05% | +17.41% | +15.92% |
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 |
|---|---|
| Hyundai Motor India Limited | 0.56% |
| Tata Communications Limited | 0.43% |
| Poonawalla Fincorp Ltd | 0.13% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | ICICI Bank Ltd. INE090A01021 | 6.47% |
| 2 | HDFC Bank Ltd.£ INE040A01034 | 5.45% |
| 3 | Axis Bank Ltd. INE238A01034 | 4.20% |
| 4 | State Bank of India INE062A01020 | 3.94% |
| 5 | Bharti Airtel Ltd. INE397D01024 | 3.35% |
| 6 | Larsen and Toubro Ltd. INE018A01030 | 2.88% |
| 7 | Infosys Limited INE009A01021 | 2.82% |
| 8 | NTPC Limited INE733E01010 | 2.72% |
| 9 | TREPS - Tri-party Repo | 2.55% |
| 10 | Au Small Finance Bank Ltd. INE949L01017 | 2.55% |
| 11 | Bharat Electronics Ltd. INE263A01024 | 2.36% |
| 12 | Reliance Industries Ltd. INE002A01018 | 2.35% |
| 13 | Sun Pharmaceutical Industries Ltd. INE044A01036 | 2.22% |
| 14 | SBI Life Insurance Company Ltd. INE123W01016 | 2.11% |
| 15 | Tech Mahindra Ltd. INE669C01036 | 1.71% |
| 16 | The Phoenix Mills Limited INE211B01039 | 1.61% |
| 17 | Multi Commodity Exchange of India L INE745G01043 | 1.58% |
| 18 | Prestige Estates Projects Ltd. INE811K01011 | 1.53% |
| 19 | HCL Technologies Ltd. INE860A01027 | 1.53% |
| 20 | Lupin Ltd. INE326A01037 | 1.49% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does HDFC Value Fund hold?
HDFC Value Fund holds 71 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 23.41% of NAV.
What is the largest holding in HDFC Value Fund?
The largest position in HDFC Value Fund is ICICI Bank Ltd., accounting for 6.47% of NAV in the Banks sector.
Is HDFC Value Fund a concentrated or diversified fund?
With a Gini coefficient of 0.397, HDFC Value Fund is well-diversified. The HHI concentration index is 22,726 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 23.41% of the portfolio.
What is the market cap allocation of HDFC Value Fund?
Based on SEBI's AMFI classification, HDFC Value Fund's equity portfolio is split as: Large Cap: 62.48%, Mid Cap: 16.24%, Small Cap: 17.08%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does HDFC Value Fund invest in most?
HDFC Value Fund has the highest allocation to Banks (24.69%), IT - Software (7.33%), Pharmaceuticals & Biotechnology (5.39%). The fund is invested across 29 sectors in total.
How actively managed is HDFC Value Fund compared to other Value Fund funds?
HDFC Value Fund has an Active Share of 60.69%, classifying it as "Active Stock Picker" among 19 Value Fund peers. This indicates a moderate level of differentiation from category peers.
What changed in HDFC Value Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, HDFC Value Fund added 3 new stocks (including Hyundai Motor India Limited) and exited 2 stocks (including Radico Khaitan Limited). Total holding count increased from 72 to 73 stocks.