HDFC Hybrid Equity Fund

HDFC Mutual FundHybridPortfolio as of 31 July 2026

HDFC Hybrid Equity Fund holds 137 instruments (70.43% equity), led by ICICI Bank Limited (7.14%), HDFC Bank Limited (6.27%) and Reliance Industries Limited (4.3%), as of its 31 July 2026 SEBI-mandated monthly disclosure.

Holdings
137
Equity Allocation
70.43%
AMC
HDFC Mutual Fund
Category
Hybrid

This page shows the complete disclosed portfolio of HDFC Hybrid Equity Fund, managed by HDFC Mutual Fund, based on its monthly portfolio disclosure dated 31 July 2026. The fund holds 137 instruments with an equity allocation of 70.43%. Percentages are of net assets (% to NAV). Click any stock to see every other mutual fund that also holds it.

Portfolio Analysis

HDFC Hybrid Equity Fund's top 10 holdings account for 34.88% of its portfolio, more concentrated than the Hybrid category average of 28.9%. Financial Services is its largest sector exposure at 24.2% of net assets, spread across 12 sectors in total. Since its 30 June 2026 disclosure, the fund added 0 new positions and exited 0 positions, with HDFC Bank Limited seeing the largest move (-0.47pp to 6.27%).

Top 10 Equity Holdings

What Changed: June 2026 → July 2026

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.

7 increased5 reduced

Biggest Weight Increases

StockWeightChange
Divi's Laboratories Limited1.47% → 1.79%▲ +0.32
ETERNAL LIMITED1.42% → 1.61%▲ +0.19
Tata Consultancy Services Limited1% → 1.16%▲ +0.16
Hyundai Motor India Limited1.06% → 1.21%▲ +0.15
SBI Life Insurance Company Limited0.79% → 0.92%▲ +0.13
Bharti Airtel Limited1.99% → 2.1%▲ +0.11
Bajaj Auto Limited0.87% → 0.98%▲ +0.11

Biggest Weight Reductions

StockWeightChange
HDFC Bank Limited6.74% → 6.27%▼ -0.47
Axis Bank Limited3.31% → 3%▼ -0.31
Larsen & Toubro Limited2.24% → 2.11%▼ -0.13
Hindustan Petroleum Corporation Limited0.55% → 0.43%▼ -0.12
Eris Lifesciences Limited1.58% → 1.48%▼ -0.1

Top Holdings — Weight Trend

% to NAV of the fund's current top holdings over its last 6 monthly disclosures (Feb – Jul 2026).

Feb: 6.78%, Mar: 6.63%, Apr: 6.63%, May: 6.71%, Jun: 7.19%, Jul: 7.14%
7.14%
Feb: 7.04%, Mar: 6.49%, Apr: 6.53%, May: 6.42%, Jun: 6.74%, Jul: 6.27%
6.27%
Feb: 4.21%, Mar: 4.55%, Apr: 4.75%, May: 4.46%, Jun: 4.28%, Jul: 4.3%
4.3%
Feb: 2.62%, Mar: 2.66%, Apr: 3.01%, May: 3.07%, Jun: 3.07%, Jul: 3.03%
3.03%
Feb: 2.92%, Mar: 2.81%, Apr: 3.13%, May: 3.23%, Jun: 3.31%, Jul: 3%
3%

Full Portfolio (137 holdings)

#HoldingSector% to NAV
1ICICI Bank LimitedFinancial Services7.14%
2HDFC Bank LimitedFinancial Services6.27%
3Reliance Industries LimitedEnergy4.3%
4Kotak Mahindra Bank LimitedFinancial Services3.03%
5Axis Bank LimitedFinancial Services3%
6State Bank of IndiaFinancial Services2.87%
77.34% Central Government Securitiesbond2.54%
8Infosys LimitedInformation Technology2.16%
9Larsen & Toubro LimitedIndustrials2.11%
10Bharti Airtel LimitedTelecommunication2.1%
11Maruti Suzuki India LimitedConsumer Discretionary1.9%
12Divi's Laboratories LimitedHealthcare1.79%
13ETERNAL LIMITEDConsumer Discretionary1.61%
14Bajaj Finance Ltd.^bond1.57%
15HDFC NIFTY 50 ETF - Growth Planmf1.57%
16Krishna Institute of Medical Sciences LimitedHealthcare1.5%
17Eris Lifesciences LimitedHealthcare1.48%
18NTPC LimitedUtilities1.39%
19InterGlobe Aviation LimitedServices1.38%
20TREPS - Tri-party Repotreps1.37%
21Hyundai Motor India LimitedConsumer Discretionary1.21%
22Tata Consultancy Services LimitedInformation Technology1.16%
23SKF India (Industrial) LimitedIndustrials1.15%
24ITC LimitedConsumer Staples1.12%
257.75% HDFC Bank Ltdbond1.12%
26Zensar Technologies LimitedInformation Technology1.09%
27CPSE ETFmf1.05%
28Alkem Laboratories LimitedHealthcare1.02%
29Redington LimitedIndustrials1.02%
30Havells India LimitedConsumer Discretionary1.01%
31United Spirits LimitedConsumer Staples1.01%
32Bajaj Auto LimitedConsumer Discretionary0.98%
33HDFC Life Insurance Company LimitedFinancial Services0.97%
34Godrej Consumer Products LimitedConsumer Staples0.95%
35SBI Life Insurance Company LimitedFinancial Services0.92%
367.97% HDFC Bank Ltd. (MD )bond0.9%
37MUTHOOT FINANCE LTD - - FRBbond0.89%
38National Bank for Financing Infrastructure and Development^bond0.89%
39State Bank of India (Tier 2 - Basel III)^bond0.89%
40PNC Infratech LimitedIndustrials0.8%
41BROOKFIELD INDIA REAL ESTATEReal Estate0.76%
42Balkrishna Industries LimitedConsumer Discretionary0.71%
43JK Tyre & Industries LimitedConsumer Discretionary0.71%
44The Tata Power Company Ltd.^bond0.69%
45SKF India LimitedConsumer Discretionary0.66%
467.50% 7.50% Cholamandalam Investment and Finance Company Limitedbond0.66%
47The Ramco Cements LimitedMaterials0.65%
48Metropolis Healthcare LimitedHealthcare0.63%
49Blue Dart Express LimitedServices0.59%
50Net Current Assetsother0.59%
51Chalet Hotels LimitedConsumer Discretionary0.58%
52Tata Motors LimitedIndustrials0.58%
53Kalpataru Projects International LimitedIndustrials0.57%
54Dabur India LimitedConsumer Staples0.56%
556.90% Government of India (MD )bond0.55%
56L&T Finance Ltd.^bond0.55%
57Jubilant Foodworks LimitedConsumer Discretionary0.49%
58GMM Pfaudler LimitedIndustrials0.47%
599.10% Cholamandalam Investment and Finance Company Limitedbond0.45%
607.80% HDFC Bank Ltd. (MD )bond0.45%
61Power Grid Corporation of India Ltd.^bond0.45%
62MM Forgings LimitedConsumer Discretionary0.44%
63NCD INDIAN RAILWAY FINANCE CORPORATION LIMITEDbond0.44%
64Mahanagar Telephone Nigam Ltd.^bond0.44%
658.52% Muthoot Finance Limited 2028bond0.44%
66Hindustan Petroleum Corporation LimitedEnergy0.43%
67National Bank for Agri & Rural Dev.^bond0.43%
68KEC International LimitedIndustrials0.42%
696.98% GOI MAT 161254^bond0.42%
70Gland Pharma LimitedHealthcare0.39%
71JSW Dulux LimitedConsumer Discretionary0.39%
727.64% Gujarat SDL ISD 170124 MAT 170133^bond0.39%
73Sharda Cropchem LimitedMaterials0.36%
74HDB Financial Services Ltd.^bond0.36%
75Kotak Mahindra Investments Ltd.^bond0.34%
76Torrent Power Ltd.^bond0.34%
77CIE Automotive India LimitedConsumer Discretionary0.33%
78Vardhman Textiles LimitedConsumer Discretionary0.33%
797.57% Bajaj Finance Ltdbond0.33%
807.64% % Gujarat SDL ISD 170124 Mat 170134^bond0.32%
81Mahindra Holidays & Resorts India LimitedConsumer Discretionary0.31%
827.68% Jharkhand SDL ISD 240124 Mat 240132^bond0.31%
83State Bank of India (Tier 2 - Basel III)^bond0.31%
84HCL Technologies LimitedInformation Technology0.3%
85Power Grid Corporation of India Ltd.^bond0.3%
86Indian Railways Finance Corp. Ltd.^bond0.27%
87POWERGRID INFRASTRUCTURE INVUtilities0.26%
888.78% Muthoot Finance Limitedbond0.24%
897.63% Gujarat SDL ISD 240124 Mat 240134^bond0.23%
907.65% BIHAR SDL ISD 241225 Mat 241233^bond0.23%
917.67% Chhattisgarh SDL ISD 240124 Mat 240131^bond0.23%
927.68% Chattisgarh SDL ISD 170124 MAT 170132^bond0.23%
93Indian Railways Finance Corp. Ltd.^bond0.23%
946.94% Central Government Securitiesbond0.22%
959.33% 360 One Prime Limited 2028 (FRN)bond0.22%
96Bajaj Finance Ltd.^bond0.22%
97Indian Railways Finance Corp. Ltd.^bond0.22%
98Indian Railways Finance Corp. Ltd.^bond0.22%
998.58% Muthoot Finance Limited 2029 (FRN)bond0.22%
100Muthoot Finance Ltd.^bond0.22%
1017.85% Muthoot Finance Limitedbond0.22%
102Power Finance Corporation Ltd.^bond0.22%
103Small Industries Development Bank of India - 7.34%bond0.22%
1047.47% Small Industries Development Bank of India (MD )bond0.22%
105State Bank of India^bond0.22%
106INDIAN RAILWAYS FINANCE CORPORATION LTD. - - ZCBbond0.12%
1077.08% Maharashtra SDL ISD 250625 MAT 250639^bond0.11%
1087.09% Andhra Pradesh SDL ISD 260325 MAT 260335^bond0.11%
1097.62% Uttarakhand SDL ISD 170626 Mat 170635^bond0.11%
1107.72% Bihar SDL - MAT 250241^bond0.11%
1117.73% Haryana SDL MAT 180245^bond0.11%
1128.75% 360 One Prime Limitedbond0.11%
113HDB Financial Services Ltd.^bond0.11%
1147.25% Indian Oil Corporation Limitedbond0.11%
11507.08 % JIO CREDIT LTDbond0.11%
116LIC Housing Finance Ltd.^bond0.11%
1177.64% National Bank for Agriculture and Rural Development (MD )bond0.11%
118National Bank for Financing Infrastructure and Development^bond0.11%
119Nuclear Power Corporation of India Ltd.^bond0.11%
12006.27 % POWER FINANCE CORPORATIONbond0.11%
1217.46% REC Ltd. (MD )bond0.11%
122Rural Electrification Corporation Ltdbond0.11%
123Small Industries Development Bank of India - 7.79%bond0.11%
1248.15% Tata Capital Ltd NCD (MD )bond0.11%
1256.88% Andhra Pradesh SDL ISD 040425 MAT 040440^bond0.1%
1267.66% RAJASTHAN SDL ISD 240124 Mat 240131^bond0.09%
1277.67% Haryana SDL MAT 250241^bond0.09%
128Jagran Prakashan LimitedConsumer Discretionary0.07%
1297.1% GOI MAT 270128^bond0.07%
1308.13% GOI MAT 220645^bond0.07%
131Power Finance Corporation Ltd.^bond0.07%
1327.59% REC Limitedbond0.07%
133State Bank of India^bond0.07%
1347.58% LIC Housing Finance Ltd. (MD )bond0.06%
1357.63% Gujarat SDL ISD 240124 Mat 240133^bond0.05%
1367.72% Madhya Pradesh SDL ISD 180226 Mat 180245^bond0.04%
137NCD POWER FINANCE CORPORATION LTDbond0.04%

Frequently Asked Questions

Yes. As of its 31 July 2026 disclosure, ICICI Bank Limited is 7.14% of HDFC Hybrid Equity Fund's net assets — its number 1 holding.
Yes. As of its 31 July 2026 disclosure, HDFC Bank Limited is 6.27% of HDFC Hybrid Equity Fund's net assets — its number 2 holding.
Yes. As of its 31 July 2026 disclosure, Reliance Industries Limited is 4.3% of HDFC Hybrid Equity Fund's net assets — its number 3 holding.
Yes. As of its 31 July 2026 disclosure, Kotak Mahindra Bank Limited is 3.03% of HDFC Hybrid Equity Fund's net assets — its number 4 holding.
Yes. As of its 31 July 2026 disclosure, Axis Bank Limited is 3% of HDFC Hybrid Equity Fund's net assets — its number 5 holding.

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 31 July 2026. Data is for information only, not investment advice. Holdings may have changed since the disclosure date.