LoadingMutual fund
HSBC Mutual Fund · Equity
Added
Largest addition
Indo Count Industries Limited
shares +23.9% · Consumer Services
+₹34.0 cr
New position
Manipal Health Enterprises Limited
0.5% of the portfolio
+₹77.0 cr
Reduced
Largest reduction
PNC Infratech Limited
shares −25.0% · Construction
−₹38.8 cr
Exited
HDFC Bank Ltd.
was 4.5% of the portfolio
−₹674 cr
Upgrade the plan to view this stock.Indo Count Industries LimitedICIL
Consumer ServicesStocks this fund has persistently increased or reduced across its recent disclosures.
See where this fund has shifted portfolio exposure and which holdings drove those changes.
Disclosed holdings for August 2026. Change columns use share quantities, with earlier quantities adjusted when a corporate action has a usable ratio.
Upgrade the plan to view this stock.Pearl Global Industries LimitedPGIL | Consumer Services | +₹34.4 cr0.0% shares | 862.36K | 1.4% | +₹212 cr | Unchanged |
Upgrade the plan to view this stock.Power Mech Projects LimitedPOWERMECH | Construction | −₹3.2 cr0.0% shares | 705.00K | 1.2% | +₹178 cr | Unchanged |
Upgrade the plan to view this stock.Thangamayil Jewellery LimitedTHANGAMAYL | Consumer Durables | +₹6.0 cr0.0% shares | 322.33K | 1.1% | +₹174 cr | Unchanged |
Upgrade the plan to view this stock.Ratnamani Metals & Tubes LimitedRATNAMANI | Capital Goods | +₹15.5 cr0.0% shares | 531.38K | 0.9% | +₹141 cr | Unchanged |
Upgrade the plan to view this stock.Indo Count Industries LimitedICIL | Consumer Services | +₹34.0 cr+23.9% shares | 2.33M | 0.7% | +₹110 cr | Increased |
Upgrade the plan to view this stock.Time Technoplast LimitedTIMETECHNO | Capital Goods | −₹11.1 cr0.0% shares | 5.20M | 0.6% | +₹97.3 cr | Unchanged |
Upgrade the plan to view this stock.Birla Corporation LimitedBIRLACORPN | Construction Materials | −₹1.9 cr0.0% shares | 1.07M | 0.6% | +₹93.5 cr | Unchanged |
Upgrade the plan to view this stock.Globus Spirits LimitedGLOBUSSPR | Fast Moving Consumer Goods | +₹3.3 cr0.0% shares | 981.17K | 0.6% | +₹90.0 cr | Unchanged |
Upgrade the plan to view this stock.Manipal Health Enterprises LimitedMANIPALHOS | Healthcare | +₹77.0 cr— | 1.01M | 0.5% | +₹77.0 cr | New |
Upgrade the plan to view this stock.JK Paper LimitedJKPAPER | Forest Materials | +₹97.1 L0.0% shares | 1.70M | 0.4% | +₹67.5 cr | Unchanged |
Upgrade the plan to view this stock.Senores Pharmaceuticals LimitedSENORES | Healthcare | +₹89.4 L−7.5% shares | 435.12K | 0.4% | +₹62.3 cr | Reduced |
Upgrade the plan to view this stock.Epigral LimitedEPIGRAL | Chemicals | +₹5.7 cr0.0% shares | 494.87K | 0.4% | +₹59.5 cr | Unchanged |
Upgrade the plan to view this stock.PNC Infratech LimitedPNCINFRA | Construction | −₹38.8 cr−25.0% shares | 2.77M | 0.3% | +₹52.2 cr | Reduced |
Upgrade the plan to view this stock.VIP Industries LimitedVIPIND | Consumer Services | +₹1.2 cr0.0% shares | 1.55M | 0.3% | +₹47.5 cr | Unchanged |
Upgrade the plan to view this stock.Bharat Bijlee LimitedBBL | Capital Goods | −₹2.8 cr0.0% shares | 171.70K | 0.3% | +₹40.6 cr | Unchanged |
Upgrade the plan to view this stock.KNR Constructions LimitedKNRCON | Construction | −₹21.1 L0.0% shares | 3.20M | 0.3% | +₹38.7 cr | Unchanged |
Upgrade the plan to view this stock.JK Lakshmi Cement LimitedJKLAKSHMI | Construction Materials | −₹1.6 cr0.0% shares | 466.28K | 0.2% | +₹24.8 cr | Unchanged |
Upgrade the plan to view this stock.SPR Auto Technologies LimitedSHRIPISTON | Automobile and Auto Components | +₹22.7 cr— | 49.32K | 0.1% | +₹22.7 cr | New |
Upgrade the plan to view this stock.Somany Ceramics LimitedSOMANYCERA | Construction | +₹2.5 cr0.0% shares | 365.30K | 0.1% | +₹20.4 cr | Unchanged |
Upgrade the plan to view this stock.Aditya Birla Real Estate Ltd.ABREL | Realty | −₹95.3 cr−100.0% shares | 0 | — | ₹0 | Exited |
Upgrade the plan to view this stock.Angel One Ltd.ANGELONE | Financial Services | −₹292 cr−100.0% shares | 0 | — | ₹0 | Exited |
Axis Bank Ltd.AXISBANK | Financial Services | −₹173 cr−100.0% shares | 0 | — | ₹0 | Exited |
Upgrade the plan to view this stock.Balrampur Chini Mills Ltd.BALRAMCHIN | Fast Moving Consumer Goods | −₹202 cr−100.0% shares | 0 | — | ₹0 | Exited |
Upgrade the plan to view this stock.Bayer Cropscience Ltd.BAYERCROP | Chemicals | −₹57.8 cr−100.0% shares | 0 | — | ₹0 | Exited |
Bharti Airtel Ltd.BHARTIARTL | Telecommunication | −₹205 cr−100.0% shares | 0 | — | ₹0 | Exited |
Upgrade the plan to view this stock.Brigade Enterprises Ltd.BRIGADE | Realty | −₹70.5 cr−100.0% shares | 0 | — | ₹0 | Exited |
Upgrade the plan to view this stock.Can Fin Homes Ltd.CANFINHOME | Financial Services | −₹152 cr−100.0% shares | 0 | — | ₹0 | Exited |
Canara BankCANBK | Financial Services | −₹131 cr−100.0% shares | 0 | — | ₹0 | Exited |
| Fast Moving Consumer Goods | −₹160 cr−100.0% shares | 0 | — | ₹0 | Exited | |
Upgrade the plan to view this stock.Coromandel International Ltd.COROMANDEL | Chemicals | −₹160 cr−100.0% shares | 0 | — | ₹0 | Exited |
Upgrade the plan to view this stock.Eris Lifesciences Ltd.ERIS | Healthcare | −₹60.3 cr−100.0% shares | 0 | — | ₹0 | Exited |
Federal Bank Ltd.FEDERALBNK | Financial Services | −₹521 cr−100.0% shares | 0 | — | ₹0 | Exited |
| Capital Goods | −₹168 cr−100.0% shares | 0 | — | ₹0 | Exited | |
Upgrade the plan to view this stock.Godfrey Phillips India Ltd.GODFRYPHLP | Fast Moving Consumer Goods | −₹130 cr−100.0% shares | 0 | — | ₹0 | Exited |
HCL Technologies Ltd.HCLTECH | Information Technology | −₹77.7 cr−100.0% shares | 0 | — | ₹0 | Exited |
| Financial Services | −₹37.7 cr−100.0% shares | 0 | — | ₹0 | Exited | |
HDFC Bank Ltd.HDFCBANK | Financial Services | −₹674 cr−100.0% shares | 0 | — | ₹0 | Exited |
Hero MotoCorp Ltd.HEROMOTOCO | Automobile and Auto Components | −₹315 cr−100.0% shares | 0 | — | ₹0 | Exited |
Hindalco Industries Ltd.HINDALCO | Metals & Mining | −₹111 cr−100.0% shares | 0 | — | ₹0 | Exited |
Hindustan Petroleum Corporation Ltd.HINDPETRO | Oil Gas & Consumable Fuels | −₹162 cr−100.0% shares | 0 | — | ₹0 | Exited |
Hindustan Unilever Ltd.HINDUNILVR | Fast Moving Consumer Goods | −₹171 cr−100.0% shares | 0 | — | ₹0 | Exited |
ICICI Bank Ltd.ICICIBANK | Financial Services | −₹637 cr−100.0% shares | 0 | — | ₹0 | Exited |
Indian BankINDIANB | Financial Services | −₹286 cr−100.0% shares | 0 | — | ₹0 | Exited |
Infosys Ltd.INFY | Information Technology | −₹140 cr−100.0% shares | 0 | — | ₹0 | Exited |
ITC Ltd.ITC | Fast Moving Consumer Goods | −₹72.7 cr−100.0% shares | 0 | — | ₹0 | Exited |
Upgrade the plan to view this stock.Jindal Stainless Ltd.JSL | Metals & Mining | −₹182 cr−100.0% shares | 0 | — | ₹0 | Exited |
Jindal Steel Ltd.JINDALSTEL | Metals & Mining | −₹188 cr−100.0% shares | 0 | — | ₹0 | Exited |
Upgrade the plan to view this stock.Jubilant Foodworks Ltd.JUBLFOOD | Consumer Services | −₹83.1 cr−100.0% shares | 0 | — | ₹0 | Exited |
Upgrade the plan to view this stock.Karur Vysya Bank Ltd.KARURVYSYA | Financial Services | −₹541 cr−100.0% shares | 0 | — | ₹0 | Exited |
Upgrade the plan to view this stock.Kec International Ltd.KEC | Construction | −₹80.3 cr−100.0% shares | 0 | — | ₹0 | Exited |
Kotak Mahindra Bank Ltd.KOTAKBANK | Financial Services | −₹111 cr−100.0% shares | 0 | — | ₹0 | Exited |
| Construction | −₹323 cr−100.0% shares | 0 | — | ₹0 | Exited | |
| Automobile and Auto Components | −₹144 cr−100.0% shares | 0 | — | ₹0 | Exited | |
Maruti Suzuki India Ltd.MARUTI | Automobile and Auto Components | −₹241 cr−100.0% shares | 0 | — | ₹0 | Exited |
National Aluminium Co. Ltd.NATIONALUM | Metals & Mining | −₹65.8 cr−100.0% shares | 0 | — | ₹0 | Exited |
NTPC Ltd.NTPC | Power | −₹448 cr−100.0% shares | 0 | — | ₹0 | Exited |
Upgrade the plan to view this stock.Oberoi Realty Ltd.OBEROIRLTY | Realty | −₹135 cr−100.0% shares | 0 | — | ₹0 | Exited |
Upgrade the plan to view this stock.Oil India Ltd.OIL | Oil Gas & Consumable Fuels | −₹76.2 cr−100.0% shares | 0 | — | ₹0 | Exited |
Upgrade the plan to view this stock.Page Industries Ltd.PAGEIND | Textiles | −₹140 cr−100.0% shares | 0 | — | ₹0 | Exited |
Upgrade the plan to view this stock.Paradeep Phosphates Ltd.PARADEEP | Chemicals | −₹141 cr−100.0% shares | 0 | — | ₹0 | Exited |
Upgrade the plan to view this stock.PNB Housing Finance Ltd.PNBHOUSING | Financial Services | −₹375 cr−100.0% shares | 0 | — | ₹0 | Exited |
| Financial Services | −₹183 cr−100.0% shares | 0 | — | ₹0 | Exited | |
| Financial Services | −₹178 cr−100.0% shares | 0 | — | ₹0 | Exited | |
Reliance Industries Ltd.RELIANCE | Oil Gas & Consumable Fuels | −₹439 cr−100.0% shares | 0 | — | ₹0 | Exited |
Sapphire Foods India Ltd.SAPPHIRE | Consumer Services | −₹62.7 cr−100.0% shares | 0 | — | ₹0 | Exited |
Shriram Finance Ltd.SHRIRAMFIN | Financial Services | −₹326 cr−100.0% shares | 0 | — | ₹0 | Exited |
Siemens Ltd.SIEMENS | Capital Goods | −₹128 cr−100.0% shares | 0 | — | ₹0 | Exited |
Upgrade the plan to view this stock.Sobha Ltd.SOBHA | Realty | −₹146 cr−100.0% shares | 0 | — | ₹0 | Exited |
| Financial Services | −₹472 cr−100.0% shares | 0 | — | ₹0 | Exited | |
Sun Pharmaceutical Industries Ltd.SUNPHARMA | Healthcare | −₹170 cr−100.0% shares | 0 | — | ₹0 | Exited |
Tata Motors Ltd.TMCV | Capital Goods | −₹74.0 cr−100.0% shares | 0 | — | ₹0 | Exited |
Tech Mahindra Ltd.TECHM | Information Technology | −₹310 cr−100.0% shares | 0 | — | ₹0 | Exited |
Upgrade the plan to view this stock.The Ramco Cements Ltd.RAMCOCEM | Construction Materials | −₹213 cr−100.0% shares | 0 | — | ₹0 | Exited |
Trent Ltd.TRENT | Consumer Services | −₹202 cr−100.0% shares | 0 | — | ₹0 | Exited |
United Spirits Ltd.UNITDSPR | Fast Moving Consumer Goods | −₹121 cr−100.0% shares | 0 | — | ₹0 | Exited |
Upgrade the plan to view this stock.Vardhman Textiles Ltd.VTL | Textiles | −₹158 cr−100.0% shares | 0 | — | ₹0 | Exited |
| Fast Moving Consumer Goods | −₹41.0 cr−100.0% shares | 0 | — | ₹0 | Exited | |
Upgrade the plan to view this stock.Welspun Living Ltd.WELSPUNLIV | Textiles | −₹169 cr−100.0% shares | 0 | — | ₹0 | Exited |
Wipro Ltd.WIPRO | Information Technology | −₹49.4 cr−100.0% shares | 0 | — | ₹0 | Exited |
Reducing Financial Services exposure.
Sector allocation, Feb 2026 → Aug 2026
Allocation change, Feb 2026 → Aug 2026, the same range as Capital Rotation.
See where this fund has shifted portfolio exposure and which holdings drove those changes.
Over the last 6 months, the fund's largest allocation increase was in Consumer Durables (+0.3 pp), while Financial Services saw the largest allocation reduction (−36.3 pp).
Sectors with the largest changes in portfolio allocation over the selected period.
Capital Goods −4.6 pp · Automobile and Auto Components −4.4 pp · Power −3.3 pp · Realty −2.9 pp · Construction −2.5 pp · Chemicals −2.4 pp · Textiles −2.4 pp · Construction Materials −2.0 pp · Telecommunication −1.6 pp · Healthcare −0.3 pp
Stable: Forest Materials +0.0 pp
See which holdings gained or lost exposure within the selected sector.
Within Financial Services, State Bank of India (exit) and Karur Vysya Bank Ltd. (exit) were the largest position reductions.
Ribbon width is the notional size of each disclosed share change: shares added or removed, valued at the Aug 2026 reference price. Ribbons join each holding to the sector, not to other holdings; disclosures do not show which sale funded which purchase. 11 smaller reductions not drawn.
Allocation change is the percentage-point change in each sector's share of the disclosed portfolio, and can move with prices as well as trades. Position changes compare corporate-action adjusted share quantities at the two disclosures; a change under 0.5% of the existing holding counts as unchanged. Holdings without a sector classification are grouped as Unclassified.
Stocks this fund has persistently increased or reduced across its recent disclosures.
3 holdings show persistent accumulation3 show persistent reduction76 are mixed or stableAug 2025 – Aug 2026 · 12 comparable transitions
Upgrade the plan to view this stock.Page Industries Ltd.PAGEIND
TextilesIncreased in 2 of 3 comparable transitions
Entered Apr 2026Exited Aug 2026
Trent Ltd.TRENT
Consumer ServicesIncreased in 2 of 3 comparable transitions
Entered Apr 2026Exited Aug 2026
United Spirits Ltd.UNITDSPR
Fast Moving Consumer GoodsIncreased in 2 of 3 comparable transitions
Entered Apr 2026Exited Aug 2026
GE Vernova T&D India Ltd.GVT&D
Capital GoodsReduced in 5 of 9 comparable transitions
3 consecutive reductionsEntered Oct 2025Exited Aug 2026
Multi Commodity Exchange of India Ltd.MCX
Financial ServicesReduced in 4 of 4 comparable transitions
4 consecutive reductionsExited Jun 2026
Upgrade the plan to view this stock.Zensar Technolgies Ltd.ZENSARTECH
Information TechnologyReduced in 4 of 7 comparable transitions
Entered Oct 2025Exited Jun 2026
Conviction signal based on persistent disclosed position changes. Bars show each stock's disclosed share quantity scaled to its own first holding in the range (not portfolio weight), adjusted for splits and bonuses. A move under 0.5% of the existing holding counts as stable.
Fund Quality
Strengths: Beat the category median in most rolling years; Long-term returns ahead of most category peers; Less concentrated than most category peers.
Change since 30 Jun 2026: Performance −4.9, Portfolio risk −1.7, Consistency +1.1 points.
Provisional: some supporting dimensions have no usable data yet, so this rating rests mainly on returns, consistency and downside protection.