Loading…
Multi Cap · HDFC Mutual Fund · AMFI code 149367HDFC Multi Cap Fund
Disclosed for 10 months, Jan 2026 to Oct 2026.Published as: HDFC Multi Cap Fund (An open ended equity scheme investing across large cap, mid cap & small cap stocks)
Portfolio value
₹19,080 Cr
down ₹410 Cr vs Sep 2026
- Stocks held
- 117
- down 2 vs Sep 2026
- Top 10 weight
- 25.3%
- of the portfolio in its ten largest
- Cash & debt
- 1.0%
- cash, money market and debt
- Moves this month
- 3 in · 5 out
- added to 10, trimmed 66
Holdings as of the end of October 2026, from HDFC Mutual Fund’s monthly portfolio disclosure. Fund houses publish each month’s portfolio within 10 days of the month end, and this page is updated after they do. How the data is checked
HDFC Multi Cap Fund is an active equity fund in the Multi Cap category from HDFC Mutual Fund. In October 2026 it disclosed 117 stocks worth ₹19,080 Cr, down ₹410 Cr from Sep 2026. Its largest positions were ICICI Bank Limited (4.0%), HDFC Bank Limited (3.9%), Bharti Airtel Limited (2.6%); the ten largest together made up 25.3% of the portfolio, and Banks was the biggest sector at 16.0% of its equity. Cash and debt stood at 1.0%. Compared with Sep 2026 the fund entered 3 new stocks and exited 5.
Against 32 other Multi Cap funds
Concentration
28%
Top-10 weight is higher than 28% of peers
Breadth
91%
Holds more stocks than 91% of peers
Cash
3%
Holds more cash than 3% of peers
What these mean: concentration · cash
Holdings in October 2026
Download CSVEvery line the fund disclosed, with the change against Sep 2026. Click a column to sort; click a company to see every fund that owns it. New to these? How to read a portfolio.
| ICICI Bank Limited | 3.96% | up 0.29 pts | ₹755 Cr | up ₹41.2 Cr | Added |
| HDFC Bank Limited | 3.92% | down 0.01 pts | ₹748 Cr | down ₹17.2 Cr | Trimmed |
| Bharti Airtel Limited | 2.59% | up 0.46 pts | ₹493 Cr | up ₹78.8 Cr | Added |
| Reliance Industries Limited | 2.41% | up 0.01 pts | ₹460 Cr | down ₹8.7 Cr | Trimmed |
| Eternal Limited | 2.34% | up 0.21 pts | ₹447 Cr | up ₹30.7 Cr | Added |
| Axis Bank Limited | 2.23% | down 0.21 pts | ₹426 Cr | down ₹50.6 Cr | Trimmed |
| Kotak Mahindra Bank Limited | 2.17% | up 0.25 pts | ₹414 Cr | up ₹40 Cr | Added |
| Britannia Industries Limited | 2.02% | down 0.04 pts | ₹385 Cr | down ₹15.7 Cr | Trimmed |
| NTPC Limited | 1.82% | up 0.10 pts | ₹348 Cr | up ₹12.2 Cr | Added |
| State Bank of India | 1.81% | up 0.04 pts | ₹346 Cr | up ₹85 L | Held |
| Alkem Laboratories Limited | 1.48% | up 0.29 pts | ₹282 Cr | up ₹49.6 Cr | Added |
| ICICI Lombard General Insurance Company Limited | 1.47% | up 0.02 pts | ₹281 Cr | down ₹1.6 Cr | Trimmed |
| PNB Housing Finance Limited | 1.33% | down 0.05 pts | ₹254 Cr | down ₹14.4 Cr | Trimmed |
| Mahindra & Mahindra Limited | 1.30% | down 0.02 pts | ₹249 Cr | down ₹9.6 Cr | Trimmed |
| HCL Technologies Limited | 1.28% | up 0.20 pts | ₹244 Cr | up ₹33.9 Cr | Added |
| InterGlobe Aviation Limited | 1.20% | up 0.15 pts | ₹229 Cr | up ₹23.7 Cr | Added |
| Maruti Suzuki India Limited | 1.19% | up 0.07 pts | ₹228 Cr | up ₹9 Cr | Added |
| Tata Communications Limited | 1.19% | up 0.04 pts | ₹226 Cr | up ₹2.6 Cr | Added |
| Sona BLW Precision Forgings Limited | 1.17% | down 0.09 pts | ₹223 Cr | down ₹23 Cr | Trimmed |
| Hindustan Unilever Limited | 1.12% | up 0.10 pts | ₹213 Cr | up ₹15 Cr | Added |
| Coforge Limited | 1.07% | down 0.01 pts | ₹205 Cr | down ₹5.4 Cr | Trimmed |
| Balkrishna Industries Limited | 1.07% | up <0.01 pts | ₹204 Cr | down ₹4.4 Cr | Trimmed |
| UltraTech Cement Limited | 1.04% | up 0.14 pts | ₹199 Cr | up ₹23.5 Cr | Added |
| AU Small Finance Bank Limited | 1.04% | up 0.03 pts | ₹199 Cr | up ₹1.7 Cr | Added |
| MphasiS Limited | 1.04% | up 0.17 pts | ₹198 Cr | up ₹29.1 Cr | Added |
| Bharat Electronics Limited | 1.03% | up 0.03 pts | ₹196 Cr | up ₹1.9 Cr | Added |
| Tata Steel Limited | 1.01% | down 0.08 pts | ₹193 Cr | down ₹19.2 Cr | Trimmed |
| Infosys Limited | 0.99% | up 0.18 pts | ₹190 Cr | up ₹30.5 Cr | Added |
| Power Finance Corporation Limited | 0.98% | up 0.07 pts | ₹187 Cr | up ₹9.2 Cr | Added |
| Tata Capital Limited | 0.97% | down <0.01 pts | ₹186 Cr | down ₹4.7 Cr | Trimmed |
| Divi's Laboratories Limited | 0.96% | up 0.07 pts | ₹184 Cr | up ₹9.2 Cr | Added |
| Jubilant Foodworks Limited | 0.95% | down 0.06 pts | ₹181 Cr | down ₹14.9 Cr | Trimmed |
| PB Fintech Limited | 0.94% | up 0.02 pts | ₹180 Cr | down ₹84 L | Held |
| Blue Star Limited | 0.92% | up 0.18 pts | ₹176 Cr | up ₹31.6 Cr | Added |
| Max Healthcare Institute Limited | 0.90% | down 0.05 pts | ₹172 Cr | down ₹14 Cr | Trimmed |
| Mahanagar Gas Limited | 0.89% | up 0.01 pts | ₹170 Cr | down ₹1.5 Cr | Trimmed |
| Shriram Transport Finance Company Limited Shriram Finance Limited · history in this fund | 0.88% | down 0.06 pts | ₹169 Cr | down ₹15.9 Cr | Trimmed |
| ABB India Limited | 0.88% | down 0.02 pts | ₹168 Cr | down ₹8.3 Cr | Trimmed |
| Le Travenues Technology Ltd | 0.88% | up 0.05 pts | ₹167 Cr | up ₹6.6 Cr | Added |
| Five Star Business Finance Limited | 0.87% | down 0.24 pts | ₹167 Cr | down ₹50.4 Cr | Trimmed |
| Timken India Limited | 0.86% | down 0.15 pts | ₹163 Cr | down ₹31.9 Cr | Trimmed |
| Lupin Limited | 0.85% | up 0.04 pts | ₹162 Cr | up ₹4.6 Cr | Added |
| Global Health Limited | 0.84% | up 0.05 pts | ₹161 Cr | up ₹7.1 Cr | Added |
| The Indian Hotels Company Limited | 0.84% | up 0.10 pts | ₹161 Cr | up ₹16.4 Cr | Added |
| Larsen & Toubro Limited | 0.84% | down 0.08 pts | ₹160 Cr | down ₹18.2 Cr | Trimmed |
| Gland Pharma Limited | 0.84% | up 0.07 pts | ₹160 Cr | up ₹10.2 Cr | Added |
| Aster DM Healthcare Limited | 0.84% | down <0.01 pts | ₹159 Cr | down ₹3.7 Cr | Trimmed |
| Aadhar Housing Finance Limited | 0.83% | down 0.01 pts | ₹158 Cr | down ₹5.2 Cr | Trimmed |
| Akzo Nobel India Limited JSW Dulux Limited · history in this fund | 0.82% | down 0.08 pts | ₹157 Cr | down ₹19.7 Cr | Trimmed |
| Chalet Hotels Limited | 0.82% | down 0.02 pts | ₹156 Cr | down ₹7.7 Cr | Trimmed |
What changed, Sep 2026 to Oct 2026
New New positions (3)
- Dr. Reddy's Laboratories Limited0.2% · ₹39.9 Cr
- HD Fire Protect Ltd.0.1% · ₹17.2 Cr
- Coromandel International Limited0.1% · ₹16.7 Cr
Exited Exited (5)
- Oil India Limitedwas 0.5% · ₹103 Cr
- Apar Industries Limitedwas 0.4% · ₹81.3 Cr
- Hindustan Petroleum Corporation Limitedwas 0.4% · ₹74.7 Cr
- Gulf Oil Lubricants India Ltdwas 0.3% · ₹55.1 Cr
- Sonata Software Limitedwas 0.2% · ₹32.9 Cr
Added Biggest additions
- Cummins India Limitedup ₹90.5 Cr (+0.48% pts)
- Bharti Airtel Limitedup ₹78.8 Cr (+0.46% pts)
- Alkem Laboratories Limitedup ₹49.6 Cr (+0.29% pts)
- Zensar Technologies Limitedup ₹44.6 Cr (+0.24% pts)
- ICICI Bank Limitedup ₹41.2 Cr (+0.29% pts)
- Kotak Mahindra Bank Limitedup ₹40 Cr (+0.25% pts)
- HCL Technologies Limitedup ₹33.9 Cr (+0.20% pts)
- Blue Star Limitedup ₹31.6 Cr (+0.18% pts)
- Eternal Limitedup ₹30.7 Cr (+0.21% pts)
- Infosys Limitedup ₹30.5 Cr (+0.18% pts)
Trimmed Biggest reductions
- Prestige Estates Projects Limiteddown ₹54.4 Cr (−0.26% pts)
- Axis Bank Limiteddown ₹50.6 Cr (−0.21% pts)
- Five Star Business Finance Limiteddown ₹50.4 Cr (−0.24% pts)
- Timken India Limiteddown ₹31.9 Cr (−0.15% pts)
- IPCA Laboratories Limiteddown ₹28.6 Cr (−0.14% pts)
- Endurance Technologies Limiteddown ₹26.1 Cr (−0.12% pts)
- Delhivery Limiteddown ₹24.9 Cr (−0.12% pts)
- Sona BLW Precision Forgings Limiteddown ₹23 Cr (−0.09% pts)
- Praj Industries Limiteddown ₹22 Cr (−0.10% pts)
- Dixon Technologies (India) Limiteddown ₹21.2 Cr (−0.10% pts)
Sectors
Which sectors the fund is moving towards and away from, and where its money sits now. Shares are of the fund’s classified equity holdings, so they add up to 100%.
Where the weight moved
Compared with
Since Sep 2026, the weight rose most in IT - Software (+0.7 pts) and Pharmaceuticals & Biotechnology (+0.5 pts), and fell most in Petroleum Products (−0.7 pts) and Oil (−0.5 pts).
- IT - Software5.4% → 6.1%+0.7 pts
- Pharmaceuticals & Biotechnology6.3% → 6.9%+0.5 pts
- Telecom - Services3.3% → 3.8%+0.5 pts
- Automobiles3.4% → 3.6%+0.2 pts
- Capital Markets2.5% → 2.8%+0.2 pts
- Banks15.7% → 16.0%+0.2 pts
- Petroleum Products3.1% → 2.4%−0.7 pts
- Oil0.5% → 0.0%exited−0.5 pts
- Electrical Equipment1.3% → 0.9%−0.5 pts
- Realty2.1% → 1.7%−0.3 pts
- Finance7.0% → 6.7%−0.3 pts
- Auto Components5.7% → 5.4%−0.2 pts
A sector’s weight changes when the fund buys or sells, and also when its shares rise or fall in price, so a change is not by itself a sign of buying or selling.
Main sectors’ weights over time
| Sector | Apr 2026 | Jul 2026 | Sep 2026 | Oct 2026 |
|---|---|---|---|---|
| Banks | 15.6% | 14.4% | 15.7% | 16.0% |
| Pharmaceuticals & Biotechnology | 5.5% | 6.0% | 6.3% | 6.9% |
| Finance | 6.8% | 7.3% | 7.0% | 6.7% |
| IT - Software | 5.8% | 5.7% | 5.4% | 6.1% |
| Auto Components | 5.8% | 5.7% | 5.7% | 5.4% |
| Leisure Services | 4.3% | 4.3% | 4.7% | 4.7% |
| Consumer Durables | 4.4% | 4.6% | 4.5% | 4.5% |
| Industrial Products | 3.6% | 3.1% | 4.0% | 4.0% |
| Telecom - Services | 3.4% | 3.4% | 3.3% | 3.8% |
| Automobiles | 3.2% | 3.6% | 3.4% | 3.6% |
Allocation in Oct 2026change vs Sep 2026
- Banks (7)16.0%▲ 0.2 pts
- Pharmaceuticals & Biotechnology (10)6.9%▲ 0.5 pts
- Finance (7)6.7%▼ 0.3 pts
- IT - Software (7)6.1%▲ 0.7 pts
- Auto Components (7)5.4%▼ 0.2 pts
- Leisure Services (6)4.7%
- Consumer Durables (9)4.5%
- Industrial Products (7)4.0%▲ 0.1 pts
- Telecom - Services (2)3.8%▲ 0.5 pts
- Automobiles (4)3.6%▲ 0.2 pts
- Insurance (4)3.4%▼ 0.1 pts
- Retailing (4)3.3%▲ 0.1 pts
- Healthcare Services (4)3.2%
- Capital Markets (5)2.8%▲ 0.2 pts
- Power (2)2.6%
- Petroleum Products (1)2.4%▼ 0.7 pts
- Transport Services (3)2.1%▲ 0.1 pts
- Food Products (1)2.0%▼ 0.1 pts
- Realty (3)1.7%▼ 0.3 pts
- Cement & Cement Products (3)1.6%▲ 0.2 pts
Cash and debt
The share of the portfolio not in shares: cash and net receivables, money-market instruments and bonds, as disclosed each month. Cash can dip below zero when payables, often on derivative positions, exceed it. A change here describes what the fund did; it is not a signal. More on reading cash.
Cash & debt, Oct 2026
1.0%
▼ 0.6 pts vs Sep 2026
- Cash alone
- 0.8%
- cash and net receivables
- A year earlier
- —
- no disclosure
- Last 12 months
- 0.6% – 2.9%
- lowest to highest · record 2.9% in Apr 2026
History
Disclosed portfolio value by month, with the stocks the fund entered and exited against its previous disclosure. Every month is a link to that portfolio.
All 10 months
| Month | Portfolio value | Stocks | Entered | Exited | Cash | Cash & debt | Turnover |
|---|---|---|---|---|---|---|---|
| Oct 2026 | ₹19,080 Cr | 117 | 3 | 5 | 0.8% | 1.0% | 42% |
| Sep 2026 | ₹19,490 Cr | 119 | 5 | 8 | 1.3% | 1.6% | 45% |
| Aug 2026 | ₹20,649 Cr | 122 | 3 | 2 | 1.0% | 1.3% | 49% |
| Jul 2026 | ₹20,583 Cr | 121 | 5 | 5 | 0.6% | 0.6% | 46% |
| Jun 2026 | ₹20,217 Cr | 121 | 4 | 1 | 0.6% | 0.6% | 44% |
| May 2026 | ₹19,581 Cr | 118 | 3 | 2 | 2.7% | 2.7% | 44% |
| Apr 2026 | ₹19,558 Cr | 117 | 3 | 7 | 2.9% | 2.9% | 43% |
| Mar 2026 | ₹17,562 Cr | 121 | 0 | 12 | 1.6% | 1.5% | 38% |
| Feb 2026 | ₹19,528 Cr | 133 | 1 | 7 | 1.2% | 1.2% | 35% |
| Jan 2026 | ₹19,183 Cr | 139 | 1.3% | 1.4% | 33% |