HDFC Large Cap Fund - Direct Plan - Growth

Regular

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.
Direct

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.

Category : Large Cap Fund

Portfolio Turnover Ratio : 25.44%. Category average turnover ratio is 238.84%. Fund manager updated portfolio less frequently than peers in last 1 year. (I.e. fund manager held stocks/bonds in the portfolio for longer duration than peers)

Equity Holding : 98.02% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 98.02%

No of Stocks : 48 (Category Avg - 52.30) | Large Cap Investments : 69.44%| Mid Cap Investments : 5.59% | Small Cap Investments : 0.35% | Other : 22.64%

Portfolio Summary (as on 30th Sep,2025)

Particulars	This Scheme	Category
No. of Stocks	48	51.18
Top 5 Stock Weight	33.15%	30.2%
Top 10 Stock Weight	50.01%	46.9%
Top 3 Sector Weight	43.17%	35.4%

Category - Large Cap Fund

Particulars	This Scheme	Category
Average mcap (Cr)	145589.61	145373.01
Holdings in large cap stocks	69.44%	59.31%
Holdings in mid cap stocks	5.59%	8.97%
Holdings in small cap stocks	0.35%	2.73%

Category - Large Cap Fund

Top 10 Stocks holding in Portfolio (as on 30th Sep,2025)

Stock Invested in	Sector	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty
HDFC Bank Ltd.	Private sector bank	36378.3	9.51%	-0.16%	10.38% (Apr 2025)	9.51% (Sep 2025)	3.83 Cr	0.00
ICICI Bank Ltd.	Private sector bank	35068.9	9.17%	-0.49%	10.65% (Oct 2024)	9.17% (Sep 2025)	2.60 Cr	0.00
Bharti Airtel Ltd.	Telecom - cellular & fixed line services	22393.9	5.85%	-0.13%	6.16% (Jun 2025)	5.26% (Dec 2024)	1.19 Cr	0.00
Reliance Industries Ltd.	Refineries & marketing	18346.1	4.80%	-0.05%	5.73% (Jun 2025)	3.24% (Dec 2024)	1.35 Cr	0.00
- Kotak Mahindra Bank Ltd.	Private sector bank	14629.7	3.82%	0.00%	4.41% (Mar 2025)	3.32% (Oct 2024)	73.42 L	0.00
National Thermal Power Corporation Ltd.	Power generation	14322.6	3.74%	0.04%	6.12% (Oct 2024)	3.7% (Aug 2025)	4.21 Cr	-5.00 L
Titan Company Ltd.	Gems, jewellery and watches	12931.2	3.38%	0.25%	3.38% (Sep 2025)	1.74% (Oct 2024)	38.41 L	5.96 L
Ambuja Cements Ltd.	Cement & cement products	12706.1	3.32%	0.24%	3.32% (Sep 2025)	0.41% (Oct 2024)	2.23 Cr	17.00 L
Infosys Ltd.	Computers - software & consulting	12419.4	3.25%	-0.11%	5.72% (Jan 2025)	3.25% (Sep 2025)	86.14 L	0.00
Axis Bank Ltd.	Private sector bank	12121.6	3.17%	0.20%	5.42% (Apr 2025)	2.97% (Aug 2025)	1.07 Cr	0.00

- indicates change in weight in the portfolio. # indicates a new entry.

View complete holding

Complete equity Portfolio (as on 30th Sep,2025)

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M-Cap

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Stock Invested in	Sector	Sector Total	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty	M-Cap	GroupName
HDFC Bank Ltd.	Private sector bank	26.86	36378.3	9.51%	-0.16%	10.38% (Apr 2025)	9.51% (Sep 2025)	3.83 Cr	0.00	Other	22.64
ICICI Bank Ltd.	Private sector bank	26.86	35068.9	9.17%	-0.49%	10.65% (Oct 2024)	9.17% (Sep 2025)	2.60 Cr	0.00	Large Cap	69.44
Bharti Airtel Ltd.	Telecom - cellular & fixed line services	5.85	22393.9	5.85%	-0.13%	6.16% (Jun 2025)	5.26% (Dec 2024)	1.19 Cr	0.00	Large Cap	69.44
Reliance Industries Ltd.	Refineries & marketing	4.8	18346.1	4.80%	-0.05%	5.73% (Jun 2025)	3.24% (Dec 2024)	1.35 Cr	0.00	Large Cap	69.44
- Kotak Mahindra Bank Ltd.	Private sector bank	26.86	14629.7	3.82%	0.00%	4.41% (Mar 2025)	3.32% (Oct 2024)	73.42 L	0.00	Large Cap	69.44
National Thermal Power Corporation Ltd.	Power generation	4.09	14322.6	3.74%	0.04%	6.12% (Oct 2024)	3.7% (Aug 2025)	4.21 Cr	-5.00 L	Large Cap	69.44
Titan Company Ltd.	Gems, jewellery and watches	3.38	12931.2	3.38%	0.25%	3.38% (Sep 2025)	1.74% (Oct 2024)	38.41 L	5.96 L	Large Cap	69.44
Ambuja Cements Ltd.	Cement & cement products	4.36	12706.1	3.32%	0.24%	3.32% (Sep 2025)	0.41% (Oct 2024)	2.23 Cr	17.00 L	Large Cap	69.44
Infosys Ltd.	Computers - software & consulting	4.51	12419.4	3.25%	-0.11%	5.72% (Jan 2025)	3.25% (Sep 2025)	86.14 L	0.00	Large Cap	69.44
Axis Bank Ltd.	Private sector bank	26.86	12121.6	3.17%	0.20%	5.42% (Apr 2025)	2.97% (Aug 2025)	1.07 Cr	0.00	Large Cap	69.44
- Tata Motors Ltd.	Passenger cars & utility vehicles	7.14	11669.9	3.05%	0.00%	3.27% (May 2025)	2.88% (Oct 2024)	1.72 Cr	0.00	Large Cap	69.44
Torrent Pharmaceuticals Ltd.	Pharmaceuticals	9.17	10866.9	2.84%	0.36%	2.84% (Sep 2025)	0% (Oct 2024)	30.16 L	3.95 L	Mid Cap	5.59
Bajaj Auto Ltd.	2/3 wheelers	3.86	10378.9	2.71%	0.06%	2.71% (Sep 2025)	1.36% (Nov 2024)	11.96 L	37.59 k	Large Cap	69.44
Eternal Ltd.	E-retail/ e-commerce	2.56	9810.1	2.56%	0.05%	2.56% (Sep 2025)	1.35% (Oct 2024)	3.01 Cr	0.00	Other	22.64
Sun Pharmaceutical Industries Ltd.	Pharmaceuticals	9.17	9651.9	2.52%	-0.04%	3.17% (Dec 2024)	2.52% (Sep 2025)	60.54 L	0.00	Large Cap	69.44
Lupin Ltd.	Pharmaceuticals	9.17	8822.5	2.31%	-0.01%	2.32% (Aug 2025)	1.68% (Jun 2025)	46.16 L	0.00	Large Cap	69.44
Cholamandalam Investment & Finance Co. Ltd.	Non banking financial company (nbfc)	2.21	8440.1	2.21%	0.23%	2.21% (Sep 2025)	1.24% (Dec 2024)	52.40 L	0.00	Other	22.64
Bajaj Finserv Ltd	Holding company	2.13	8156.5	2.13%	0.35%	2.13% (Sep 2025)	0% (Oct 2024)	40.65 L	5.57 L	Other	22.64
Maruti Suzuki India Ltd.	Passenger cars & utility vehicles	7.14	6563.2	1.72%	0.70%	1.72% (Sep 2025)	0.45% (Mar 2025)	4.09 L	1.50 L	Large Cap	69.44
United Spirits Ltd.	Breweries & distilleries	1.62	6209.2	1.62%	0.32%	1.62% (Sep 2025)	0.48% (Jan 2025)	46.89 L	9.51 L	Large Cap	69.44
InterGlobe Aviation Ltd.	Airline	1.51	5786.2	1.51%	-0.04%	1.6% (Jul 2025)	0% (Oct 2024)	10.34 L	0.00	Large Cap	69.44
Mankind Pharma Ltd.	Pharmaceuticals	9.17	5727.1	1.50%	0.29%	1.5% (Sep 2025)	0.73% (Nov 2024)	23.51 L	5.13 L	Other	22.64
Tata Consumer Products Ltd.	Tea & coffee	1.49	5709.7	1.49%	0.06%	1.58% (Apr 2025)	1.29% (Dec 2024)	50.56 L	0.00	Mid Cap	5.59
Hyundai Motor India Ltd.	Passenger cars & utility vehicles	7.14	5654.9	1.48%	0.05%	1.48% (Sep 2025)	1% (Apr 2025)	21.88 L	0.00	Other	22.64
Vishal Mega Mart Ltd.	Diversified retail	1.48	5644.3	1.48%	-0.02%	1.5% (Aug 2025)	0% (Oct 2024)	3.79 Cr	0.00	Other	22.64
State Bank Of India	Public sector bank	1.45	5546.5	1.45%	0.10%	1.54% (Nov 2024)	1.09% (Feb 2025)	63.57 L	0.00	Large Cap	69.44
Adani Ports And Special Economic Zone Ltd.	Port & port services	1.4	5366.1	1.40%	0.07%	1.4% (Sep 2025)	0% (Oct 2024)	38.23 L	0.00	Large Cap	69.44
Larsen & Toubro Ltd.	Civil construction	1.25	4790.8	1.25%	-0.38%	6.07% (Jan 2025)	1.25% (Sep 2025)	13.09 L	-4.00 L	Large Cap	69.44
Indusind Bank Ltd.	Private sector bank	26.86	4544.3	1.19%	-0.02%	1.8% (Feb 2025)	1.11% (Mar 2025)	61.78 L	0.00	Large Cap	69.44
Eicher Motors Ltd.	2/3 wheelers	3.86	4386.7	1.15%	0.14%	1.15% (Sep 2025)	0.83% (Nov 2024)	6.26 L	0.00	Other	22.64
Hindalco Industries Ltd.	Aluminium	1.14	4377.9	1.14%	0.07%	1.14% (Sep 2025)	0.96% (Dec 2024)	57.46 L	0.00	Large Cap	69.44
Ultratech Cement Ltd.	Cement & cement products	4.36	3971.3	1.04%	-0.05%	1.09% (Aug 2025)	0.97% (May 2025)	3.25 L	0.00	Large Cap	69.44
Havells India Ltd.	Consumer electronics	1.03	3929.2	1.03%	-0.03%	1.06% (Aug 2025)	0.73% (Jun 2025)	26.16 L	0.00	Large Cap	69.44
SRF Ltd.	Specialty chemicals	1.02	3919.2	1.02%	-0.03%	1.16% (Jun 2025)	0.85% (Oct 2024)	13.88 L	0.00	Mid Cap	5.59
Mahindra & Mahindra Ltd.	Passenger cars & utility vehicles	7.14	3388.6	0.89%	0.05%	0.89% (Sep 2025)	0.73% (Mar 2025)	9.89 L	0.00	Large Cap	69.44
Dabur India Ltd.	Personal care	0.88	3383	0.88%	-0.07%	1.02% (Jan 2025)	0.86% (Jun 2025)	68.86 L	0.00	Large Cap	69.44
Tata Consultancy Services Ltd.	Computers - software & consulting	4.51	3335	0.87%	-0.08%	3.28% (Nov 2024)	0.87% (Sep 2025)	11.55 L	0.00	Large Cap	69.44
ITC Limited	Diversified fmcg	0.78	2967.9	0.78%	-0.76%	4.26% (Dec 2024)	0.78% (Sep 2025)	73.91 L	-0.68 Cr	Large Cap	69.44
DLF Ltd.	Residential, commercial projects	0.39	1510.9	0.39%	-0.03%	0.69% (Dec 2024)	0.39% (Sep 2025)	21.19 L	0.00	Large Cap	69.44
HCL Technologies Limited	Computers - software & consulting	4.51	1482	0.39%	-0.02%	1.59% (Feb 2025)	0.39% (Sep 2025)	10.70 L	0.00	Large Cap	69.44
CG Power and Industrial Solutions Ltd.	Heavy electrical equipment	0.67	1337.8	0.35%	0.02%	0.35% (Sep 2025)	0% (Oct 2024)	18.06 L	0.00	Small Cap	0.35
- Siemens Energy India Ltd.	Power generation	4.09	1322.8	0.35%	0.00%	0.35% (Sep 2025)	0% (Oct 2024)	3.85 L	0.00	Other	22.64
Siemens Ltd.	Heavy electrical equipment	0.67	1205.8	0.32%	0.01%	0.8% (Nov 2024)	0.3% (Apr 2025)	3.85 L	0.00	Large Cap	69.44
Coal India Ltd.	Coal	0.29	1108.1	0.29%	-0.30%	3.42% (Oct 2024)	0.29% (Sep 2025)	28.42 L	-0.31 Cr	Large Cap	69.44
Cummins India Ltd.	Compressors, pumps & diesel engines	0.24	903.2	0.24%	0.01%	0.24% (Sep 2025)	0.18% (Apr 2025)	2.30 L	0.00	Mid Cap	5.59
ITC Hotels Ltd	Hotels & resorts	0.19	720.3	0.19%	-0.01%	0.2% (Aug 2025)	0% (Oct 2024)	31.69 L	0.00	Other	22.64
- SBI Life Insurance Co Ltd.	Life insurance	0.19	710.1	0.19%	0.00%	0.41% (Oct 2024)	0.19% (Aug 2025)	3.97 L	0.00	Large Cap	69.44
- Bajaj Housing Finance Ltd.	Housing finance company	0.08	316	0.08%	0.00%	0.12% (Oct 2024)	0.08% (Aug 2025)	28.72 L	0.00	Other	22.64

- indicates change in weight in the portfolio. # indicates a new entry.

New Stocks added in Portfolio (in 1 month period ending 30th Sep,2025)

Stock Invested in	Sector	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty
No new entrants in the portfolio in the last month.

Stocks removed from Portfolio (in 1 month period ending 30th Sep,2025)

Stock Invested in	Sector	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty
No complete exits in the portfolio in the last month.

Trend in stock holdings (Top 15 Holding)

Stock	Sep 2025	Aug 2025	Jul 2025	Jun 2025	May 2025	Apr 2025	Mar 2025	Feb 2025	Jan 2025	Dec 2024	Nov 2024	Oct 2024	Sep 2024
HDFC Bank Ltd.	9.51%	9.67%	10.13%	9.84%	9.86%	10.38%	10.19%	10.28%	9.58%	9.92%	9.88%	9.58%	9.01%
ICICI Bank Ltd.	9.17%	9.66%	10.11%	9.67%	9.97%	9.95%	10.12%	9.62%	9.27%	9.40%	9.84%	10.65%	9.89%
Bharti Airtel Ltd.	5.85%	5.98%	5.99%	6.16%	5.87%	5.96%	5.72%	5.52%	5.44%	5.26%	5.30%	5.27%	5.27%
National Thermal Power Corporation Ltd.	3.74%	3.70%	3.73%	4.22%	4.34%	4.72%	5.41%	5.02%	4.97%	5.07%	5.43%	6.12%	6.26%
Reliance Industries Ltd.	4.80%	4.85%	4.91%	5.73%	5.59%	5.10%	4.04%	4.05%	4.06%	3.24%	3.39%	3.51%	4.12%
Axis Bank Ltd.	3.17%	2.97%	3.00%	5.00%	5.40%	5.42%	5.21%	5.11%	4.65%	4.42%	4.63%	4.29%	3.73%
Larsen & Toubro Ltd.	1.25%	1.63%	1.63%	3.37%	3.48%	3.49%	5.87%	5.66%	6.07%	5.61%	5.93%	5.78%	5.53%
Infosys Ltd.	3.25%	3.36%	3.41%	3.55%	3.57%	3.46%	4.73%	5.41%	5.72%	4.52%	4.92%	4.33%	4.35%
Kotak Mahindra Bank Ltd.	3.82%	3.82%	3.81%	4.08%	4.04%	4.34%	4.41%	4.12%	3.91%	3.64%	3.54%	3.32%	3.22%
ITC Limited	0.78%	1.54%	2.59%	2.57%	2.91%	3.62%	3.60%	3.69%	3.98%	4.26%	4.13%	4.25%	4.24%
Tata Motors Ltd.	3.05%	3.05%	3.00%	3.03%	3.27%	2.96%	3.20%	3.14%	3.19%	3.04%	3.01%	2.88%	2.62%
Sun Pharmaceutical Industries Ltd.	2.52%	2.56%	2.71%	2.61%	2.69%	2.97%	2.91%	2.84%	2.96%	3.17%	2.95%	2.96%	2.91%
Eternal Ltd.	2.56%	2.51%	2.43%	2.05%	1.90%	3.18%	2.84%	-	-	-	-	-	-
Zomato Ltd.	-	-	-	-	-	-	-	1.67%	1.57%	1.97%	1.95%	1.35%	1.44%
Titan Company Ltd.	3.38%	3.13%	2.70%	2.26%	2.24%	2.16%	2.02%	2.16%	2.33%	2.15%	2.11%	1.74%	1.92%
Coal India Ltd.	0.29%	0.59%	0.58%	0.65%	1.89%	2.85%	3.04%	3.00%	3.06%	2.94%	3.14%	3.42%	3.63%