HDFC Mid Cap Fund

HDFC Mutual FundEquityPortfolio as of 31 July 2026

HDFC Mid Cap Fund holds 81 instruments (93.08% equity), led by The Federal Bank Limited (4.36%), AU Small Finance Bank Limited (3.96%) and Max Financial Services Limited (3.72%), as of its 31 July 2026 SEBI-mandated monthly disclosure.

Holdings

Equity Allocation

93.08%

AMC

HDFC Mutual Fund

Portfolio Analysis

HDFC Mid Cap Fund's top 10 holdings account for 32.18% of its portfolio, more diversified than the Equity category average of 37.5%. Financial Services is its largest sector exposure at 27.26% of net assets, spread across 11 sectors in total. Since its 30 June 2026 disclosure, the fund added 3 new positions and exited 0 positions, with United Spirits Limited seeing the largest move (+0.38pp to 1.98%).

Top 10 Equity Holdings

The Federal Bank Limited · 4.36%AU Small Finance Bank Limited · 3.96%Max Financial Services Limited · 3.72%Balkrishna Industries Limited · 3.37%IPCA Laboratories Limited · 3.01%Indian Bank · 2.93%Fortis Healthcare Limited · 2.91%Glenmark Pharmaceuticals Limited · 2.85%Coforge Limited · 2.56%Marico Limited · 2.51%

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.

3 new entries10 increased10 reduced

New Entries

Havells India Limited · 0.7%CIE Automotive India Limited · 0.28%Petronet LNG Limited · 0.2%

Biggest Weight Increases

Stock	Weight	Change
United Spirits Limited	1.6% → 1.98%	▲ +0.38
ICICI Lombard General Insurance Company Limited	0.45% → 0.83%	▲ +0.38
Persistent Systems Limited	1.44% → 1.81%	▲ +0.37
Mahindra & Mahindra Financial Services Limited	2.07% → 2.43%	▲ +0.36
Coforge Limited	2.27% → 2.56%	▲ +0.29
Balkrishna Industries Limited	3.1% → 3.37%	▲ +0.27
ETERNAL LIMITED	1.05% → 1.24%	▲ +0.19
The Federal Bank Limited	4.18% → 4.36%	▲ +0.18
IndusInd Bank Limited	0.99% → 1.14%	▲ +0.15
MphasiS Limited	1.46% → 1.59%	▲ +0.13

Biggest Weight Reductions

Stock	Weight	Change
Max Financial Services Limited	4.1% → 3.72%	▼ -0.38
Vishal Mega Mart Limited	2.64% → 2.3%	▼ -0.34
Cummins India Limited	2.52% → 2.19%	▼ -0.33
Tata Communications Limited	2.18% → 1.86%	▼ -0.32
AIA Engineering Limited	1.68% → 1.48%	▼ -0.2
Timken India Limited	0.76% → 0.58%	▼ -0.18
Fortis Healthcare Limited	3.07% → 2.91%	▼ -0.16
AU Small Finance Bank Limited	4.08% → 3.96%	▼ -0.12
Gland Pharma Limited	1.56% → 1.44%	▼ -0.12
Indraprastha Gas Limited	0.84% → 0.74%	▼ -0.1

Top Holdings — Weight Trend

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

The Federal Bank Limited

4.36%

AU Small Finance Bank Limited

3.96%

Max Financial Services Limited

3.72%

Balkrishna Industries Limited

3.37%

IPCA Laboratories Limited

3.01%

Full Portfolio (81 holdings)

#	Holding	Sector	% to NAV
1	TREPS - Tri-party Repotreps	—	6.92%
2	The Federal Bank Limited	Financial Services	4.36%
3	AU Small Finance Bank Limited	Financial Services	3.96%
4	Max Financial Services Limited	Financial Services	3.72%
5	Balkrishna Industries Limited	Consumer Discretionary	3.37%
6	IPCA Laboratories Limited	Healthcare	3.01%
7	Indian Bank	Financial Services	2.93%
8	Fortis Healthcare Limited	Healthcare	2.91%
9	Glenmark Pharmaceuticals Limited	Healthcare	2.85%
10	Coforge Limited	Information Technology	2.56%
11	Marico Limited	Consumer Staples	2.51%
12	Mahindra & Mahindra Financial Services Limited	Financial Services	2.43%
13	Vishal Mega Mart Limited	Consumer Discretionary	2.3%
14	Hindustan Petroleum Corporation Limited	Energy	2.26%
15	Cummins India Limited	Industrials	2.19%
16	Aurobindo Pharma Limited	Healthcare	2.01%
17	United Spirits Limited	Consumer Staples	1.98%
18	Tata Communications Limited	Telecommunication	1.86%
19	Persistent Systems Limited	Information Technology	1.81%
20	Alkem Laboratories Limited	Healthcare	1.73%
21	Apollo Tyres Limited	Consumer Discretionary	1.71%
22	MphasiS Limited	Information Technology	1.59%
23	Dabur India Limited	Consumer Staples	1.55%
24	JINDAL STEEL LIMITED	Materials	1.54%
25	PB Fintech Limited	Financial Services	1.49%
26	AIA Engineering Limited	Industrials	1.48%
27	Union Bank of India	Financial Services	1.47%
28	Delhivery Limited	Services	1.45%
29	Gland Pharma Limited	Healthcare	1.44%
30	Bharat Forge Limited	Consumer Discretionary	1.35%
31	Karur Vysya Bank Limited	Financial Services	1.28%
32	ETERNAL LIMITED	Consumer Discretionary	1.24%
33	Bosch Limited	Consumer Discretionary	1.22%
34	Star Health and Allied Insurance Company Limited	Financial Services	1.18%
35	IndusInd Bank Limited	Financial Services	1.14%
36	Nippon Life India Asset Management Limited	Financial Services	1.1%
37	Coromandel International Limited	Materials	1.09%
38	The Indian Hotels Company Limited	Consumer Discretionary	0.99%
39	Escorts Kubota Limited	Consumer Staples	0.87%
40	Godrej Consumer Products Limited	Consumer Staples	0.84%
41	Redington Limited	Industrials	0.84%
42	ICICI Lombard General Insurance Company Limited	Financial Services	0.83%
43	Hexaware Technologies Limited	Information Technology	0.8%
44	Indraprastha Gas Limited	Utilities	0.74%
45	Sona BLW Precision Forgings Limited	Consumer Discretionary	0.74%
46	Crompton Greaves Consumer Electricals Limited	Consumer Discretionary	0.71%
47	Havells India Limited	Consumer Discretionary	0.7%
48	Dixon Technologies (India) Limited	Consumer Discretionary	0.69%
49	Sundram Fasteners Limited	Consumer Discretionary	0.67%
50	City Union Bank Limited	Financial Services	0.65%
51	ACC Limited	Materials	0.61%
52	SKF India (Industrial) Limited	Industrials	0.61%
53	Gujarat Fluorochemicals Limited	Materials	0.58%
54	Timken India Limited	Industrials	0.58%
55	Supreme Industries Limited	Industrials	0.55%
56	Aster DM Healthcare Limited	Healthcare	0.42%
57	Arvind Limited	Consumer Discretionary	0.4%
58	KEC International Limited	Industrials	0.4%
59	Aarti Industries Limited	Materials	0.36%
60	Oracle Financial Services Software Limited	Information Technology	0.36%
61	Vardhman Textiles Limited	Consumer Discretionary	0.35%
62	Cholamandalam Financial Holdings Limited	Financial Services	0.33%
63	SKF India Limited	Consumer Discretionary	0.33%
64	Vesuvius India Limited	Industrials	0.3%
65	CIE Automotive India Limited	Consumer Discretionary	0.28%
66	Emami Limited	Consumer Staples	0.28%
67	Symphony Limited	Consumer Discretionary	0.24%
68	Bharti Hexacom Limited	Telecommunication	0.21%
69	Colgate Palmolive (India) Limited	Consumer Staples	0.21%
70	Five-Star Business Finance Limited	Financial Services	0.2%
71	Petronet LNG Limited	Utilities	0.2%
72	Billionbrains Garage Ventures Limited	Financial Services	0.19%
73	Navneet Education Limited	Consumer Staples	0.18%
74	Greenlam Industries Limited	Consumer Discretionary	0.15%
75	Greenply Industries Limited	Consumer Discretionary	0.15%
76	LG Electronics India Limited	Consumer Discretionary	0.14%
77	KNR Constructions Limited	Industrials	0.12%
78	Dhanuka Agritech Limited	Materials	0.1%
79	Greenpanel Industries Limited	Consumer Discretionary	0.08%
80	Jagran Prakashan Limited	Consumer Discretionary	0.03%
81	Net Current Assetsother	—	0%

Frequently Asked Questions

Yes. As of its 31 July 2026 disclosure, The Federal Bank Limited is 4.36% of HDFC Mid Cap Fund's net assets — its number 1 holding.

Yes. As of its 31 July 2026 disclosure, AU Small Finance Bank Limited is 3.96% of HDFC Mid Cap Fund's net assets — its number 2 holding.

Yes. As of its 31 July 2026 disclosure, Max Financial Services Limited is 3.72% of HDFC Mid Cap Fund's net assets — its number 3 holding.

Yes. As of its 31 July 2026 disclosure, Balkrishna Industries Limited is 3.37% of HDFC Mid Cap Fund's net assets — its number 4 holding.

Yes. As of its 31 July 2026 disclosure, IPCA Laboratories Limited is 3.01% of HDFC Mid Cap 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.