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 | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Regular Growth | ₹730.8560 | +0.02% | -4.64% | -5.09% | +2.36% | +17.25% | +15.69% |
Portfolio Metrics(latest month)
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.