Loading…
Focused · HSBC Mutual Fund · AMFI code 148409HSBC Focused Fund
Disclosed for 53 months, Jul 2020 to Aug 2026.
Portfolio value
₹1,693 Cr
down ₹27.7 Cr vs Jun 2025
- Stocks held
- 29
- unchanged
- Top 10 weight
- 54.3%
- of the portfolio in its ten largest
- Cash & debt
- 3.9%
- cash, money market and debt
- Moves this month
- 8 in · 8 out
- added to 10, trimmed 8
HSBC Focused Fund is an active equity fund in the Focused category from HSBC Mutual Fund. In February 2026 it disclosed 29 stocks worth ₹1,693 Cr, down ₹27.7 Cr from Jun 2025. Its largest positions were ICICI Bank Limited (9.0%), HDFC Bank Limited (8.4%), Shriram Transport Finance Company Limited (6.1%); the ten largest together made up 54.3% of the portfolio, and Banks was the biggest sector at 18.1% of its equity. Cash and debt stood at 3.9%. Compared with Jun 2025 the fund entered 8 new stocks and exited 8.
Against 23 other Focused funds
Concentration
78%
Top-10 weight is higher than 78% of peers
Breadth
30%
Holds more stocks than 30% of peers
Cash
35%
Holds more cash than 35% of peers
What these mean: concentration · cash
Holdings in February 2026
Download CSVEvery line the fund disclosed, with the change against Jun 2025. 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 | 8.96% | down 0.28 pts | ₹152 Cr | down ₹7.4 Cr | Trimmed |
| HDFC Bank Limited | 8.39% | up 2.57 pts | ₹142 Cr | up ₹42 Cr | Added |
| Shriram Transport Finance Company Limited Shriram Finance Limited · history in this fund | 6.06% | up 0.92 pts | ₹103 Cr | up ₹14.2 Cr | Added |
| Larsen & Toubro Limited | 5.05% | up 5.05 pts | ₹85.6 Cr | up ₹85.6 Cr | New |
| GE Vernova T&D India Limited | 4.55% | up 0.43 pts | ₹77 Cr | up ₹6.2 Cr | Added |
| KEI Industries Limited | 4.50% | up 0.09 pts | ₹76.2 Cr | up ₹35 L | Held |
| Nippon Life India Asset Management Limited | 4.40% | up 0.33 pts | ₹74.5 Cr | up ₹4.5 Cr | Added |
| Multi Commodity Exchange of India Limited | 4.33% | up 0.43 pts | ₹73.3 Cr | up ₹6.2 Cr | Added |
| Infosys Limited | 4.22% | down 0.43 pts | ₹71.5 Cr | down ₹8.6 Cr | Trimmed |
| TVS Motor Company Limited | 3.89% | up 0.49 pts | ₹65.8 Cr | up ₹7.4 Cr | Added |
| Cash, TREPS & receivables | 3.87% | down 4.10 pts | ₹65.5 Cr | down ₹71.7 Cr | Trimmed |
| Blue Star Limited | 3.44% | up 0.59 pts | ₹58.2 Cr | up ₹9.2 Cr | Added |
| Oil & Natural Gas Corporation Limited | 3.30% | up 0.47 pts | ₹55.9 Cr | up ₹7.1 Cr | Added |
| HDB Financial Services Limited | 2.92% | up 2.38 pts | ₹49.4 Cr | up ₹40.2 Cr | Added |
| Eternal Limited | 2.91% | up 2.91 pts | ₹49.3 Cr | up ₹49.3 Cr | New |
| Mankind Pharma Limited | 2.79% | up 0.43 pts | ₹47.2 Cr | up ₹6.6 Cr | Added |
| Hindustan Unilever Limited | 2.76% | up 0.09 pts | ₹46.8 Cr | up ₹87 L | Added |
| Tata Motors Ltd | 2.69% | up 2.69 pts | ₹45.5 Cr | up ₹45.5 Cr | New |
| Swiggy Limited | 2.67% | down 1.98 pts | ₹45.3 Cr | down ₹34.8 Cr | Trimmed |
| Krishna Institute Of Medical Sciences Limited | 2.64% | up 2.64 pts | ₹44.7 Cr | up ₹44.7 Cr | New |
| Kalyan Jewellers India Limited | 2.42% | down 0.81 pts | ₹41 Cr | down ₹14.6 Cr | Trimmed |
| Shadowfax Technologies Limited | 2.29% | up 2.29 pts | ₹38.8 Cr | up ₹38.8 Cr | New |
| Britannia Industries Limited | 2.13% | up 2.13 pts | ₹36 Cr | up ₹36 Cr | New |
| Neuland Laboratories Limited | 1.89% | up 0.15 pts | ₹32.1 Cr | up ₹2.1 Cr | Added |
| Artemis Medicare Services Limited | 1.77% | down 0.08 pts | ₹30 Cr | down ₹1.8 Cr | Trimmed |
| Pine Labs Limited | 1.57% | up 1.57 pts | ₹26.6 Cr | up ₹26.6 Cr | New |
| Epigral Limited | 1.32% | down 1.31 pts | ₹22.4 Cr | down ₹23 Cr | Trimmed |
| Firstsource Solutions Limited | 0.94% | down 0.69 pts | ₹16 Cr | down ₹12.1 Cr | Trimmed |
| Ganesha Ecosphere Limited | 0.91% | down 0.82 pts | ₹15.5 Cr | down ₹14.4 Cr | Trimmed |
| Meesho Ltd | 0.37% | up 0.37 pts | ₹6.2 Cr | up ₹6.2 Cr | New |
| TVS Motor Company Ltd. Other | 0.05% | up 0.05 pts | ₹82 L | up ₹82 L | New |
What changed, Jun 2025 to Feb 2026
New New positions (8)
- Larsen & Toubro Limited5.1% · ₹85.6 Cr
- Eternal Limited2.9% · ₹49.3 Cr
- Tata Motors Ltd2.7% · ₹45.5 Cr
- Krishna Institute Of Medical Sciences Limited2.6% · ₹44.7 Cr
- Shadowfax Technologies Limited2.3% · ₹38.8 Cr
- Britannia Industries Limited2.1% · ₹36 Cr
- Pine Labs Limited1.6% · ₹26.6 Cr
- Meesho Ltd0.4% · ₹6.2 Cr
Exited Exited (8)
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 Jun 2025, the weight rose most in Construction (+5.3 pts) and Finance (+3.2 pts), and fell most in Banks (−4.0 pts) and Pharmaceuticals & Biotechnology (−2.8 pts).
- Construction0.0% → 5.3%new+5.3 pts
- Finance6.2% → 9.3%+3.2 pts
- Agricultural, Commercial & Construction Vehicles0.0% → 2.8%new+2.8 pts
- Transport Services0.0% → 2.4%new+2.4 pts
- Food Products0.0% → 2.2%new+2.2 pts
- Healthcare Services3.0% → 4.6%+1.6 pts
- Banks22.0% → 18.1%−4.0 pts
- Pharmaceuticals & Biotechnology7.6% → 4.9%−2.8 pts
- Industrial Manufacturing2.7% → 0.0%exited−2.7 pts
- Financial Technology (fintech)4.0% → 1.6%−2.4 pts
- Fertilizers & Agrochemicals2.2% → 0.0%exited−2.2 pts
- IT - Software6.5% → 4.4%−2.1 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 | Feb 2023 | Feb 2025 | Jun 2025 | Jun 2025 | Jun 2025 | Feb 2026 |
|---|---|---|---|---|---|---|
| Banks | 32.1% | 21.7% | 22.0% | 22.0% | 22.0% | 18.1% |
| Finance | 2.1% | 5.4% | 6.2% | 6.2% | 6.2% | 9.3% |
| Capital Markets | — | 4.1% | 8.7% | 8.7% | 8.7% | 9.1% |
| Retailing | — | 3.5% | 5.1% | 5.1% | 5.1% | 6.2% |
| Consumer Durables | 2.8% | 7.3% | 6.6% | 6.6% | 6.6% | 6.1% |
| Construction | 5.0% | — | — | — | — | 5.3% |
| Pharmaceuticals & Biotechnology | 3.8% | 10.4% | 7.6% | 7.6% | 7.6% | 4.9% |
| Electrical Equipment | — | 2.8% | 4.5% | 4.5% | 4.5% | 4.7% |
| Industrial Products | 4.4% | 3.0% | 4.8% | 4.8% | 4.8% | 4.7% |
| Healthcare Services | 2.3% | 5.4% | 3.0% | 3.0% | 3.0% | 4.6% |
Allocation in Feb 2026change vs Jun 2025
- Banks (2)18.1%▼ 4.0 pts
- Finance (2)9.3%▲ 3.2 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, Feb 2026
3.9%
▼ 4.1 pts vs Jun 2025
- Cash alone
- 3.9%
- cash and net receivables
- A year earlier
- 2.9%
- Feb 2025 · now ▲ 1.0 pts
- Last 12 months
- 2.8% – 8.0%
- lowest to highest · record 54.1% in Jul 2020
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.