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HSBC Multi Asset Allocation Fund - Direct Plan - Growth

  • Regular
  • Direct
Category : Multi Asset Allocation
Fund House : HSBC Mutual Fund
Equity Holding : 67.99% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 67.99%
No of Stocks : 60 (Category Avg - 64.87) | Large Cap Investments : 21.14%| Mid Cap Investments : 5.8% | Small Cap Investments : 9.44% | Other : 31.61%

Portfolio Summary (as on 30th Sep,2025)

Particulars This Scheme Category
No. of Stocks 60 62.2
Top 5 Stock Weight 22.99% 16.49%
Top 10 Stock Weight 33.11% 25.24%
Top 3 Sector Weight 20.01% 18.85%
Particulars This Scheme Category
Average mcap (Cr) 39971.10 73886.38
Holdings in large cap stocks 21.14% 30.7%
Holdings in mid cap stocks 5.8% 6.09%
Holdings in small cap stocks 9.44% 4.36%

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
# Eternal Ltd. E-retail/ e-commerce 1554.9 6.79% 0.00% 6.91% (Aug 2025) 4.82% (Mar 2025) 47.77 L 0.00
# HDFC Bank Ltd. Private sector bank 1201.5 5.25% 0.00% 5.91% (Jul 2025) 0% (Sep 2024) 12.63 L 0.00
# Bharti Airtel Ltd. Telecom - cellular & fixed line services 1047.4 4.58% 0.00% 4.85% (Aug 2025) 0.41% (Dec 2024) 5.58 L 0.00
# GE T&D India Ltd. Heavy electrical equipment 736 3.22% 0.00% 4.01% (Dec 2024) 2.58% (Feb 2025) 2.49 L 0.00
# ITC Limited Diversified fmcg 720.2 3.15% 0.00% 2.88% (Aug 2025) 0% (Sep 2024) 17.94 L 2.70 L
# Coforge Ltd. Computers - software & consulting 488.6 2.13% 0.00% 1.86% (Aug 2025) 0% (Sep 2024) 3.07 L 72.32 k
# Kaynes Technology India Private Ltd. Industrial products 481.7 2.10% 0.00% 1.95% (Jul 2025) 0.21% (Feb 2025) 68.30 k 0.00
# Ashok Leyland Ltd. Commercial vehicles 478.5 2.09% 0.00% 0.51% (Jun 2025) 0% (Sep 2024) 33.54 L 24.82 L
# CG Power and Industrial Solutions Ltd. Heavy electrical equipment 448.9 1.96% 0.00% 3.18% (Dec 2024) 0.99% (Apr 2025) 6.06 L 0.00
# Bharat Electronics Ltd. Aerospace & defense 421.8 1.84% 0.00% 2.04% (Jun 2025) 1.52% (Feb 2025) 10.44 L 0.00
- indicates change in weight in the portfolio. # indicates a new entry.

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

Help me understand this table
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
# Eternal Ltd. E-retail/ e-commerce 7.88 1554.9 6.79% 0.00% 6.91% (Aug 2025) 4.82% (Mar 2025) 47.77 L 0.00 Other 31.61
# HDFC Bank Ltd. Private sector bank 6.35 1201.5 5.25% 0.00% 5.91% (Jul 2025) 0% (Sep 2024) 12.63 L 0.00 Other 31.61
# Bharti Airtel Ltd. Telecom - cellular & fixed line services 4.58 1047.4 4.58% 0.00% 4.85% (Aug 2025) 0.41% (Dec 2024) 5.58 L 0.00 Large Cap 21.14
# GE T&D India Ltd. Heavy electrical equipment 5.78 736 3.22% 0.00% 4.01% (Dec 2024) 2.58% (Feb 2025) 2.49 L 0.00 Small Cap 9.44
# ITC Limited Diversified fmcg 3.15 720.2 3.15% 0.00% 2.88% (Aug 2025) 0% (Sep 2024) 17.94 L 2.70 L Large Cap 21.14
# Coforge Ltd. Computers - software & consulting 4.7 488.6 2.13% 0.00% 1.86% (Aug 2025) 0% (Sep 2024) 3.07 L 72.32 k Other 31.61
# Kaynes Technology India Private Ltd. Industrial products 2.19 481.7 2.10% 0.00% 1.95% (Jul 2025) 0.21% (Feb 2025) 68.30 k 0.00 Other 31.61
# Ashok Leyland Ltd. Commercial vehicles 2.09 478.5 2.09% 0.00% 0.51% (Jun 2025) 0% (Sep 2024) 33.54 L 24.82 L Mid Cap 5.8
# CG Power and Industrial Solutions Ltd. Heavy electrical equipment 5.78 448.9 1.96% 0.00% 3.18% (Dec 2024) 0.99% (Apr 2025) 6.06 L 0.00 Small Cap 9.44
# Bharat Electronics Ltd. Aerospace & defense 2.33 421.8 1.84% 0.00% 2.04% (Jun 2025) 1.52% (Feb 2025) 10.44 L 0.00 Mid Cap 5.8
# Transformers & Rectifiers (India) Ltd. Power equipment 1.8 411.6 1.80% 0.00% 4% (Dec 2024) 1.55% (Sep 2024) 8.46 L 0.00 Small Cap 9.44
# Max Healthcare Institute Ltd. Hospital 2.53 411.1 1.80% 0.00% 2.18% (Jun 2025) 0% (Sep 2024) 3.69 L 0.00 Other 31.61
# Jubilant Foodworks Ltd. Restaurants 1.79 409.9 1.79% 0.00% 2.16% (Jun 2025) 0% (Sep 2024) 6.64 L 0.00 Other 31.61
# Infosys Ltd. Computers - software & consulting 4.7 409.2 1.79% 0.00% 2.44% (Feb 2025) 0% (Sep 2024) 2.84 L 0.00 Large Cap 21.14
# Bajaj Finance Ltd. Non banking financial company (nbfc) 4.1 400.6 1.75% 0.00% 1.75% (May 2025) 0% (Sep 2024) 4.01 L 0.00 Other 31.61
# SBI Cards and Payment Services Ltd. Non banking financial company (nbfc) 4.1 372.4 1.63% 1.63% 0% (Oct 2025) 0% (Oct 2025) 4.25 L 4.25 L Other 31.61
# Hero Motocorp Ltd. 2/3 wheelers 1.58 360.6 1.58% 0.00% 2.7% (May 2025) 0% (Sep 2024) 65.90 k 0.00 Large Cap 21.14
# Safari Industries (India) Ltd. Plastic products - consumer 1.53 349.3 1.53% 0.00% 1.78% (Feb 2025) 0.34% (Sep 2024) 1.60 L 0.00 Small Cap 9.44
# Dixon Technologies (India) Ltd. Consumer electronics 1.48 339.5 1.48% 0.00% 2.64% (Jul 2025) 1.06% (Sep 2024) 20.80 k 0.00 Other 31.61
# Anthem Biosciences Ltd. Biotechnology 1.44 330.1 1.44% 0.00% 1.63% (Aug 2025) 0% (Sep 2024) 4.34 L 0.00 Other 31.61
# InterGlobe Aviation Ltd. Airline 1.37 312.7 1.37% 0.00% 1.45% (Aug 2025) 0% (Sep 2024) 55.89 k 0.00 Large Cap 21.14
# Divis Laboratories Ltd. Pharmaceuticals 1.41 289 1.26% 0.00% 1.43% (Aug 2025) 0% (Sep 2024) 50.80 k 0.00 Large Cap 21.14
# HDFC Asset Management Co. Ltd. Asset management company 2.44 286.4 1.25% 0.00% 1.3% (Aug 2025) 0% (Sep 2024) 51.77 k 0.00 Large Cap 21.14
# Nippon Life India Asset Management Ltd. Asset management company 2.44 271.7 1.19% 0.00% 1.89% (Jul 2025) 0.53% (Feb 2025) 3.13 L -1.77 L Mid Cap 5.8
# Home First Finance Company India Ltd. Housing finance company 1.15 263.8 1.15% 0.00% 1.22% (Aug 2025) 0% (Sep 2024) 2.17 L 0.00 Other 31.61
# Larsen & Toubro Ltd. Civil construction 1.08 247.4 1.08% 0.00% 0.58% (Sep 2024) 0.07% (Dec 2024) 67.60 k 63.20 k Large Cap 21.14
# Maruti Suzuki India Ltd. Passenger cars & utility vehicles 1.86 240.4 1.05% 1.05% 0% (Oct 2025) 0% (Oct 2025) 15.00 k 15.00 k Large Cap 21.14
# FSN E-Commerce Ventures Ltd. E-retail/ e-commerce 7.88 239.8 1.05% 0.00% 1.09% (Aug 2025) 0% (Sep 2024) 10.32 L 0.00 Other 31.61
# ICICI Bank Ltd. Private sector bank 6.35 239.7 1.05% 0.00% 2.4% (Apr 2025) 0.08% (Dec 2024) 1.78 L -1.66 L Large Cap 21.14
# State Bank Of India Public sector bank 1.01 231.2 1.01% 1.01% 0.32% (Oct 2024) 0% (Sep 2024) 2.65 L 2.65 L Large Cap 21.14
# Mahindra & Mahindra Ltd. Passenger cars & utility vehicles 1.86 184.4 0.81% 0.00% 3.99% (Apr 2025) 0.76% (Sep 2024) 53.80 k 0.00 Large Cap 21.14
# Global Health Ltd. Hospital 2.53 166.9 0.73% 0.00% 1.46% (Feb 2025) 0% (Sep 2024) 1.27 L 0.00 Other 31.61
# Multi Commodity Exchange Of India Ltd. Exchange and data platform 0.78 162.9 0.71% 0.00% 0.87% (Jun 2025) 0.54% (Feb 2025) 20.90 k 0.00 Small Cap 9.44
# Cholamandalam Investment & Finance Co. Ltd. Non banking financial company (nbfc) 4.1 159.2 0.70% 0.00% 1.3% (Jun 2025) 0% (Sep 2024) 98.80 k -0.73 L Other 31.61
# Bharat Heavy Electricals Ltd. Heavy electrical equipment 5.78 137.4 0.60% 0.00% 1.24% (Sep 2024) 0% (Sep 2024) 5.76 L 0.00 Mid Cap 5.8
# Hindustan Aeronautics Ltd. Aerospace & defense 2.33 111.5 0.49% 0.00% 1.78% (Apr 2025) 1.09% (Feb 2025) 23.50 k -0.36 L Other 31.61
# Britannia Industries Ltd. Packaged foods 0.48 109.6 0.48% 0.48% 0% (Oct 2025) 0% (Oct 2025) 18.30 k 18.30 k Large Cap 21.14
# Persistent Systems Ltd. Computers - software & consulting 4.7 96.1 0.42% 0.00% 2.36% (Jan 2025) 0.48% (Jul 2025) 19.93 k 0.00 Other 31.61
# Mazagon Dock Shipbuilders Ltd. Ship building & allied services 0.33 75.9 0.33% 0.00% 1.09% (Jan 2025) 0% (Sep 2024) 27.50 k 0.00 Other 31.61
# Hexaware Technologies Ltd. Computers - software & consulting 4.7 75.3 0.33% 0.00% 1.99% (Feb 2025) 0% (Sep 2024) 1.12 L 0.00 Other 31.61
# Ultratech Cement Ltd. Cement & cement products 0.32 73 0.32% 0.00% 1.6% (Mar 2025) 0% (Sep 2024) 5.97 k -4.51 k Large Cap 21.14
# KEI Industries Ltd. Cables - electricals 0.15 35.3 0.15% 0.00% 1.08% (Nov 2024) 0.15% (Aug 2025) 8.70 k 0.00 Small Cap 9.44
# Lupin Ltd. Pharmaceuticals 1.41 34 0.15% 0.00% 1.63% (Apr 2025) 0.16% (Aug 2025) 17.80 k 0.00 Large Cap 21.14
# National Thermal Power Corporation Ltd. Power generation 0.12 27.4 0.12% 0.00% 1.65% (Sep 2024) 0.12% (Jul 2025) 80.58 k 0.00 Large Cap 21.14
# PB Fintech Ltd. Financial technology (fintech) 0.1 23 0.10% 0.00% 2.97% (Jan 2025) 0% (Sep 2024) 13.50 k 0.00 Other 31.61
# Jyoti CNC Automation Ltd. Industrial products 2.19 19.7 0.09% 0.00% 2.33% (Dec 2024) 0.1% (Feb 2025) 23.14 k 0.00 Other 31.61
# BSE Ltd. Exchange and data platform 0.78 15.7 0.07% 0.00% 4.44% (Jan 2025) 0.07% (Aug 2025) 7.70 k 0.00 Small Cap 9.44
# Axis Bank Ltd. Private sector bank 6.35 10.5 0.05% 0.00% 2.38% (Apr 2025) 0% (Sep 2024) 9.27 k 0.00 Large Cap 21.14
# Swiggy Ltd. E-retail/ e-commerce 7.88 9.7 0.04% 0.00% 1.95% (Dec 2024) 0% (Sep 2024) 23.00 k 0.00 Other 31.61
# Godrej Consumer Products Ltd Personal care 0.04 8.3 0.04% 0.00% 0.98% (Apr 2025) 0% (Sep 2024) 7.14 k 0.00 Large Cap 21.14
# LTIMindtree Ltd. Computers - software & consulting 4.7 7.7 0.03% 0.00% 1.53% (Jan 2025) 0% (Sep 2024) 1.50 k 0.00 Mid Cap 5.8
# L&T Technology Services Ltd. It enabled services 0.03 6.2 0.03% 0.00% 0.86% (Jan 2025) 0% (Sep 2024) 1.50 k 0.00 Mid Cap 5.8
# Shriram Finance Ltd. Non banking financial company (nbfc) 4.1 5 0.02% 0.00% 1.25% (Jun 2025) 0% (Sep 2024) 8.10 k -2.52 L Other 31.61
# Trent Limited Speciality retail 0.01 2.3 0.01% 0.00% 4.56% (Jun 2025) 0.63% (Aug 2025) 500.00 -0.25 L Mid Cap 5.8
# Indian Hotels Company Limited Hotels & resorts 0.01 1.4 0.01% 0.00% 1.6% (Dec 2024) 0.01% (Apr 2025) 2.00 k 0.00 Mid Cap 5.8
- Blue Star Ltd. Household appliances 0 1 0.00% 0.00% 3.28% (Mar 2025) 0% (Aug 2025) 550.00 0.00 Small Cap 9.44
- Siemens Energy India Ltd. Power generation 0.12 0.7 0.00% 0.00% 0% (Aug 2025) 0% (Sep 2024) 215.00 0.00 Other 31.61
- Siemens Ltd. Heavy electrical equipment 5.78 0.7 0.00% 0.00% 0.96% (Sep 2024) 0% (Jul 2025) 215.00 0.00 Large Cap 21.14
- Prudent Corporate Advisory Services Ltd. Financial products distributor 0 0.6 0.00% 0.00% 0.94% (Jan 2025) 0% (Sep 2024) 227.00 0.00 Other 31.61
- Sun Pharmaceutical Industries Ltd. Pharmaceuticals 1.41 0.3 0.00% 0.00% 2.34% (Apr 2025) 0% (Sep 2024) 200.00 -0.70 L Large Cap 21.14
Amara Raja Batteries Limited Auto components & equipments 6 0.00% -0.03% - - - - Mid Cap 5.8
Zensar Technologies Ltd. Computers - software & consulting 4.7 15.6 0.00% -0.07% - - - - Small Cap 9.44
Voltas Limited Household appliances 0 15.5 0.00% -0.07% - - - - Mid Cap 5.8
Optiemus Infracom Ltd. Telecom - equipment & accessories 6.3 0.00% -0.03% - - - - Small Cap 9.44
- 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
# Britannia Industries Ltd. Packaged foods 109.6 0.48% 0.48% 0% (Oct 2025) 0% (Oct 2025) 18.30 k 18300
# Maruti Suzuki India Ltd. Passenger cars & utility vehicles 240.4 1.05% 1.05% 0% (Oct 2025) 0% (Oct 2025) 15.00 k 15000
# SBI Cards and Payment Services Ltd. Non banking financial company (nbfc) 372.4 1.63% 1.63% 0% (Oct 2025) 0% (Oct 2025) 4.25 L 424600
# State Bank Of India Public sector bank 231.2 1.01% 1.01% 0.32% (Oct 2024) 0% (Sep 2024) 2.65 L 265000
# Bond - Mindspace Business Parks REIT Real estate investment trusts (reits) 144.2 0.63% 0.63% 0% (Oct 2025) 0% (Oct 2025) 300.00 300

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
Amara Raja Batteries Limited Auto components & equipments 6 0.00% -0.03% 0.76% (Sep 2024) 0.03% (Feb 2025) 0.00 -6100
Zensar Technologies Ltd. Computers - software & consulting 15.6 0.00% -0.07% 0.91% (Sep 2024) 0.07% (Aug 2025) 0.00 -20350
Voltas Limited Household appliances 15.5 0.00% -0.07% 0.5% (Mar 2025) 0% (Sep 2024) 0.00 -11300
Optiemus Infracom Ltd. Telecom - equipment & accessories 6.3 0.00% -0.03% 0.8% (Oct 2024) 0.02% (Mar 2025) 0.00 -11330

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
Eternal Ltd. 6.79% 6.91% 6.81% 5.86% 5.41% 10.88% 9.64% - - - - - -
Zomato Ltd. - - - - - - - 5.54% 5.09% 5.37% 5.64% 4.94% 5.32%
HDFC Bank Ltd. 5.25% 5.54% 5.91% 5.87% 5.84% 5.45% 4.79% 4.74% - - - - -
Trent Limited 0.01% 0.63% 2.06% 4.56% 4.24% 4.00% 4.21% 4.00% 3.89% 4.48% 4.46% 4.30% 3.40%
GE T&D India Ltd. 3.22% 3.18% 3.64% 3.65% 3.60% 2.83% 2.88% 2.58% 3.71% 4.01% 3.54% 3.74% 3.51%
Suzlon Energy Ltd. - - - - - - - - - 2.27% 3.16% 3.49% 4.16%
Bharti Airtel Ltd. 4.58% 4.85% 4.47% 4.71% 4.45% 4.61% 4.38% 4.14% 0.45% 0.41% 0.44% 0.45% 0.47%
Transformers & Rectifiers (India) Ltd. 1.80% 1.91% 2.00% 1.92% 2.10% 2.05% 3.85% 3.15% 3.36% 4.00% 3.67% 3.53% 1.55%
ITC Limited 3.15% 2.88% 1.86% 1.88% 1.93% 2.03% - - - - - - -
Hero Motocorp Ltd. 1.58% 1.54% 2.61% 2.60% 2.70% 1.52% - - - - - - -
Mahindra & Mahindra Ltd. 0.81% 0.79% 1.55% 3.12% 3.94% 3.99% 3.71% 3.76% 1.07% 1.00% 1.03% 0.98% 0.76%
CG Power and Industrial Solutions Ltd. 1.96% 1.94% 1.86% 1.02% 1.05% 0.99% 1.56% 1.92% 2.98% 3.18% 2.99% 2.63% 1.84%
Jubilant Foodworks Ltd. 1.79% 1.92% 2.02% 2.16% 1.47% - - - - - - - -
Dixon Technologies (India) Ltd. 1.48% 1.60% 2.64% 2.35% 2.36% 2.21% 1.58% 1.75% 1.74% 1.94% 1.78% 1.65% 1.06%
Sobha Ltd. - - - - - 0.09% 0.09% 0.09% 1.50% 2.75% 3.04% 3.01% 3.67%
No of Debt Holding 13 (Category Avg - 16.23) | Modified Duration 3.25 Years (Category Avg - 2.87)| Yield to Maturity 6.88% (Category Avg - 6.54%)

Portfolio Summary (as on 30th Sep,2025)

Security Type % Weight Category Average
GOI 3.59% 7.79%
CD 0.42% 0.56%
T-Bills 0.00% 0.70%
CP 0.63% 0.17%
NCD & Bonds 7.36% 8.50%
PTC 0.85% 0.11%
Category - Multi Asset Allocation
Security Type % Weight Category Average
Government Backed 3.59% 8.50%
Low Risk 9.26% 9.11%
Moderate Risk 0.00% 0.00%
High Risk 0.00% 0.00%
Very High Risk 0.00% 0.00%
Others 0.00% 0.00%
Category - Multi Asset Allocation

Debt holding in Portfolio (as on 30th Sep,2025)

Instrument
Type
Sector
Rating
Rating Agency
Value (Mn)
% of Total Holding
Quantity
Bond - Govt of India GOI Other 353.00 1.54% 35.00 L
Bond - Power Finance Corporation Ltd. NCD & Bonds Financial institution AAA CRISIL 269.22 1.18% 250.00
Bond - Bajaj Finance Ltd. NCD & Bonds Non banking financial company (nbfc) AAA CRISIL 269.14 1.18% 2.50 k
Bond - National Bank for Agriculture & Rural Development NCD & Bonds Financial institution LAAA ICRA 264.22 1.15% 2.50 k
Bond - Rural Electrification Corporation Limited NCD & Bonds Financial institution LAAA ICRA 261.80 1.14% 2.50 k
Bond - Small Industries Development Bank Of India NCD & Bonds Financial institution AAA CRISIL 260.44 1.14% 2.50 k
Bond - Govt of India GOI Other 260.58 1.14% 25.00 L
Bond - Bajaj Housing Finance Ltd. NCD & Bonds Housing finance company AAA CRISIL 259.49 1.13% 2.50 k
Bond - Govt of India GOI Other 208.54 0.91% 20.00 L
Bond - India Universal Trust PTC Ptc INDAAA FITCH 194.79 0.85% 20.00
Bond - Mindspace Business Parks REIT CP Real estate investment trusts (reits) P1+ CRISIL 144.24 0.63% 300.00
Bond - Power Finance Corporation Ltd. NCD & Bonds Financial institution AAA CRISIL 101.78 0.44% 100.00
Bond - Export Import Bank Of India CD Financial institution P1+ CRISIL 96.07 0.42% 200.00
Name Type of Instrument Weight (%)
MF Units MF Units 4.35%
MF Units MF Units 3.58%
MF Units MF Units 3.09%
MF Units MF Units 2.98%
MF Units MF Units 2.18%
MF Units MF Units 2.16%
TREPS TREPS 1.59%
Net Receivables Net Receivables -0.77%

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