HDFC Conservative Hybrid Fund holds 111 instruments (19.57% equity), led by ICICI Bank Limited (2.13%), HDFC Bank Limited (1.6%) and State Bank of India (1.39%), as of its 30 September 2026 SEBI-mandated monthly disclosure.
This page shows the complete disclosed portfolio of HDFC Conservative Hybrid Fund, managed by HDFC Mutual Fund, based on its monthly portfolio disclosure dated 30 September 2026. The fund holds 111 instruments with an equity allocation of 19.57%. Percentages are of net assets (% to NAV). Click any stock to see every other mutual fund that also holds it.
HDFC Conservative Hybrid Fund's top 10 holdings account for 11.13% of its portfolio, more diversified than the Hybrid category average of 27.4%. Financial Services is its largest sector exposure at 8.28% of net assets, spread across 12 sectors in total. Since its 31 August 2026 disclosure, the fund added 1 new position and exited 1 position, with ICICI Bank Limited seeing the largest move (-0.14pp to 2.13%).
Equity holdings grouped by sector, % to NAV. "Other" covers debt, cash and other non-equity instruments, plus any equity holding without a classified sector.
Equity holdings compared between the fund's two latest monthly disclosures. Weights are % to NAV; weight moves can also reflect price changes, not only buying or selling.
| Stock | Weight | Change |
|---|---|---|
| ICICI Bank Limited | 2.27% → 2.13% | ▼ -0.14 |
| State Bank of India | 1.49% → 1.39% | ▼ -0.1 |
% to NAV of the fund's current top holdings over its last 2 monthly disclosures (Aug – Sept 2026).
| # | Holding | Sector | % to NAV |
|---|---|---|---|
| 1 | 7.23% Central Government Securitiesbond | — | 3.21% |
| 2 | 7.09% Government of Indiabond | — | 3.01% |
| 3 | 7.34% Central Government Securitiesbond | — | 2.91% |
| 4 | Indian Railways Finance Corp. Ltd.^bond | — | 2.61% |
| 5 | Net Current Assetsother | — | 2.53% |
| 6 | Floating Rate GOI 2034^bond | — | 2.48% |
| 7 | Torrent Power Ltd.^bond | — | 2.4% |
| 8 | 7.30% Government of India (MD )bond | — | 2.32% |
| 9 | 6.90% Government of India (MD )bond | — | 2.16% |
| 10 | ICICI Bank Limited | Financial Services | 2.13% |
| 11 | Altius Telecom Infrastructure Trust^bond | — | 1.72% |
| 12 | National Highways Authority of India^bond | — | 1.64% |
| 13 | 9.33% 360 One Prime Limited 2028 (FRN)bond | — | 1.62% |
| 14 | Pipeline Infrastructure Pvt. Ltd.^bond | — | 1.62% |
| 15 | 8.42% Muthoot Finance Limited 2029 (FRN)bond | — | 1.61% |
| 16 | HDFC Bank Limited | Financial Services | 1.6% |
| 17 | Bajaj Housing Finance Ltd.^bond | — | 1.6% |
| 18 | 6.68% Government of Indiabond | — | 1.59% |
| 19 | 07.41 % POWER FINANCE CORPORATIONbond | — | 1.59% |
| 20 | 7.85% Muthoot Finance Ltd. (MD )bond | — | 1.57% |
| 21 | Housing and Urban Development Corporation Ltd.^bond | — | 1.56% |
| 22 | Indian Railways Finance Corp. Ltd.^bond | — | 1.55% |
| 23 | REC Limited.^bond | — | 1.55% |
| 24 | 7.24% Central Government Securitiesbond | — | 1.53% |
| 25 | TREPS - Tri-party Repotreps | — | 1.46% |
| 26 | State Bank of India | Financial Services | 1.39% |
| 27 | Axis Bank Limited | Financial Services | 1.29% |
| 28 | 7.09% Government of India (MD )bond | — | 1.18% |
| 29 | 7.10% Central Government Securitiesbond | — | 1.12% |
| 30 | Indian Railways Finance Corp. Ltd.^bond | — | 1.1% |
| 31 | 7.36% GOI MAT 120952bond | — | 1.09% |
| 32 | Siddhivinayak Securitisation Trust (Originator - Sikka Ports & Terminals Limited)^bond | — | 1.08% |
| 33 | 7.26% Government of India (MD )bond | — | 0.97% |
| 34 | Reliance Industries Limited | Energy | 0.95% |
| 35 | National Bank for Agri & Rural Dev.^bond | — | 0.95% |
| 36 | 6.79% Central Government Securitiesbond | — | 0.94% |
| 37 | Larsen & Toubro Limited | Industrials | 0.85% |
| 38 | The Tata Power Company Ltd.^bond | — | 0.83% |
| 39 | Housing and Urban Development Corporation Ltd.^bond | — | 0.82% |
| 40 | Housing and Urban Development Corporation Ltd.^bond | — | 0.82% |
| 41 | 9.30% TVS Credit Services Limited 2029bond | — | 0.82% |
| 42 | Kotak Mahindra Bank Limited | Financial Services | 0.81% |
| 43 | 9.10% Cholamandalam Investment and Finance Company Limitedbond | — | 0.81% |
| 44 | REC Limited.^bond | — | 0.81% |
| 45 | 7.45% Export Import Bank of Indiabond | — | 0.8% |
| 46 | 7.50% Grasim Industries Ltd. (MD )bond | — | 0.8% |
| 47 | 7.95% LIC Housing Finance Limitedbond | — | 0.8% |
| 48 | 8.52% Muthoot Finance Limited 2028bond | — | 0.8% |
| 49 | MUTHOOT FINANCE LTD - - FRBbond | — | 0.8% |
| 50 | 7.44% National Bank For Agriculture and Rural Development 2029bond | — | 0.8% |
| 51 | 7.6% Power Finance Corporation Limitedbond | — | 0.8% |
| 52 | 7.38% REC Ltd. (MD )bond | — | 0.8% |
| 53 | 7.62% Uttarakhand SDL ISD 170626 Mat 170635^bond | — | 0.79% |
| 54 | HDFC ERGO General Insurance Co. Ltd.^bond | — | 0.79% |
| 55 | Indian Railways Finance Corp. Ltd.^bond | — | 0.79% |
| 56 | 6.66% Small Industries Dev Bank of Indiabond | — | 0.79% |
| 57 | 6.78% Indian Railway Finance Corporation Limitedbond | — | 0.78% |
| 58 | Bajaj Finance Ltd.^bond | — | 0.77% |
| 59 | 6.83% HDFC Bank Limitedbond | — | 0.77% |
| 60 | 7.12% Housing and Urban Development Corporation Ltd. (MD )bond | — | 0.77% |
| 61 | NTPC Limited^bond | — | 0.77% |
| 62 | State Bank of India^bond | — | 0.77% |
| 63 | 6.84% NTPC Limitedbond | — | 0.76% |
| 64 | Sun Pharmaceutical Industries Limited | Healthcare | 0.73% |
| 65 | 6.95% GOI MAT 161261bond | — | 0.73% |
| 66 | Central Government - 2050bond | — | 0.72% |
| 67 | EMBASSY OFFICE PARKS REIT | Real Estate | 0.7% |
| 68 | Bharti Airtel Limited | Telecommunication | 0.68% |
| 69 | GOI STRIPS - Mat 190327^bond | — | 0.65% |
| 70 | NTPC Limited | Utilities | 0.62% |
| 71 | Tata Consultancy Services Limited | Information Technology | 0.56% |
| 72 | Infosys Limited | Information Technology | 0.52% |
| 73 | Power Grid Corporation of India Limited | Utilities | 0.5% |
| 74 | Indian Railways Finance Corp. Ltd.^bond | — | 0.5% |
| 75 | 7.18% Government of India (MD )bond | — | 0.48% |
| 76 | 7.71% Government of India 2066bond | — | 0.48% |
| 77 | 7.61% Small Industries Development Bank of India (MD )bond | — | 0.48% |
| 78 | HCL Technologies Limited | Information Technology | 0.47% |
| 79 | Oil & Natural Gas Corporation Limited | Energy | 0.44% |
| 80 | Hero MotoCorp Limited | Consumer Discretionary | 0.42% |
| 81 | Hindustan Unilever Limited | Consumer Staples | 0.42% |
| 82 | SBI Life Insurance Company Limited | Financial Services | 0.41% |
| 83 | Lupin Limited | Healthcare | 0.39% |
| 84 | 6.67% GOI MAT 151235^bond | — | 0.39% |
| 85 | 6.19% Government of Indiabond | — | 0.38% |
| 86 | Cipla Limited | Healthcare | 0.35% |
| 87 | SBI - Corporate Debt Market Development Fund (CDMDF) - Class A2mf | — | 0.33% |
| 88 | Mahindra Rural Housing Finance Ltd^bond | — | 0.32% |
| 89 | 7.7% REC Limitedbond | — | 0.32% |
| 90 | Bajaj Auto Limited | Consumer Discretionary | 0.28% |
| 91 | NHPC Limited | Utilities | 0.28% |
| 92 | Union Bank of India | Financial Services | 0.28% |
| 93 | Coal India Limited | Energy | 0.27% |
| 94 | Bharat Petroleum Corporation Limited | Energy | 0.24% |
| 95 | Indus Towers Limited | Telecommunication | 0.24% |
| 96 | Hindustan Petroleum Corporation Limited | Energy | 0.23% |
| 97 | Power Finance Corporation Limited | Financial Services | 0.23% |
| 98 | The Great Eastern Shipping Company Limited | Services | 0.2% |
| 99 | JK Paper Limited | Materials | 0.2% |
| 100 | Escorts Kubota Limited | Consumer Staples | 0.17% |
| 101 | Gateway Distriparks Limited | Services | 0.17% |
| 102 | NCD POWER FINANCE CORPORATION LTDbond | — | 0.16% |
| 103 | CIE Automotive India Limited | Consumer Discretionary | 0.15% |
| 104 | Goodyear India Limited | Consumer Discretionary | 0.15% |
| 105 | 6.99% GOI MAT 151251^bond | — | 0.15% |
| 106 | REC Limited | Financial Services | 0.14% |
| 107 | 7.60% Tamil Nadu SDL Mat 310131^bond | — | 0.13% |
| 108 | INDUS INFRA TRUST | Services | 0.11% |
| 109 | Vajra 006 (PTC backed by loan receivables originated by Veritas Finance Private Limited)^bond | — | 0.04% |
| 110 | 7.64% Andhra Pradesh SDL ISD 170124 MAT 170131^bond | — | 0.03% |
| 111 | 8.15% INDIA GOVERNMENTbond | — | 0.01% |
New to reading these? See How to Read a Mutual Fund's Monthly Portfolio Disclosure, or check terms like % to NAV in the glossary.
Source: HDFC Mutual Fund's SEBI-mandated monthly portfolio disclosure, dated 30 September 2026. Data is for information only, not investment advice. Holdings may have changed since the disclosure date.