HDFC Multi-Asset Allocation Fund holds 122 instruments (68.67% equity), led by Reliance Industries Limited (5.01%), ICICI Bank Limited (5%) and HDFC Bank Limited (4.11%), as of its 31 August 2026 SEBI-mandated monthly disclosure.
This page shows the complete disclosed portfolio of HDFC Multi-Asset Allocation Fund, managed by HDFC Mutual Fund, based on its monthly portfolio disclosure dated 31 August 2026. The fund holds 122 instruments with an equity allocation of 68.67%. Percentages are of net assets (% to NAV). Click any stock to see every other mutual fund that also holds it.
HDFC Multi-Asset Allocation Fund's top 10 holdings account for 29.17% of its portfolio, in line with the Hybrid category average of 27.4%. Financial Services is its largest sector exposure at 21.51% of net assets, spread across 12 sectors in total. Since its 31 July 2026 disclosure, the fund added 0 new positions and exited 1 position, with Bharti Airtel Limited seeing the largest move (-0.29pp to 3%).
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 |
|---|---|---|
| Divi's Laboratories Limited | 1.35% → 1.57% | ▲ +0.22 |
| Kotak Mahindra Bank Limited | 2.35% → 2.5% | ▲ +0.15 |
| JINDAL STEEL LIMITED | 0.28% → 0.4% | ▲ +0.12 |
| Axis Bank Limited | 2.47% → 2.59% | ▲ +0.12 |
| Stock | Weight | Change |
|---|---|---|
| Bharti Airtel Limited | 3.29% → 3% | ▼ -0.29 |
| HDFC Bank Limited | 4.38% → 4.11% | ▼ -0.27 |
| ETERNAL LIMITED | 1.27% → 1.09% | ▼ -0.18 |
| Reliance Industries Limited | 5.18% → 5.01% | ▼ -0.17 |
| Godrej Consumer Products Limited | 0.81% → 0.67% | ▼ -0.14 |
| NTPC Limited | 1.95% → 1.82% | ▼ -0.13 |
| Maruti Suzuki India Limited | 1.88% → 1.77% | ▼ -0.11 |
% to NAV of the fund's current top holdings over its last 6 monthly disclosures (Mar – Aug 2026).
| # | Holding | Sector | % to NAV |
|---|---|---|---|
| 1 | HDFC Gold ETF - Growth Optionmf | — | 11.77% |
| 2 | Reliance Industries Limited | Energy | 5.01% |
| 3 | ICICI Bank Limited | Financial Services | 5% |
| 4 | HDFC Bank Limited | Financial Services | 4.11% |
| 5 | TREPS - Tri-party Repotreps | — | 3.99% |
| 6 | Bharti Airtel Limited | Telecommunication | 3% |
| 7 | Axis Bank Limited | Financial Services | 2.59% |
| 8 | Kotak Mahindra Bank Limited | Financial Services | 2.5% |
| 9 | HDFC Silver ETF - Growth Optionmf | — | 1.85% |
| 10 | NTPC Limited | Utilities | 1.82% |
| 11 | Sun Pharmaceutical Industries Limited | Healthcare | 1.8% |
| 12 | Maruti Suzuki India Limited | Consumer Discretionary | 1.77% |
| 13 | Divi's Laboratories Limited | Healthcare | 1.57% |
| 14 | Net Current Assetsother | — | 1.55% |
| 15 | Infosys Limited | Information Technology | 1.41% |
| 16 | Tata Consultancy Services Limited | Information Technology | 1.39% |
| 17 | State Bank of India | Financial Services | 1.32% |
| 18 | InterGlobe Aviation Limited | Services | 1.3% |
| 19 | 8.05% Muthoot Finance Limited 2027bond | — | 1.24% |
| 20 | Bajaj Finserv Limited | Financial Services | 1.22% |
| 21 | Larsen & Toubro Limited | Industrials | 1.21% |
| 22 | Mahindra & Mahindra Limited | Consumer Discretionary | 1.21% |
| 23 | 7.18% Government of India (MD )bond | — | 1.17% |
| 24 | Hyundai Motor India Limited | Consumer Discretionary | 1.1% |
| 25 | ETERNAL LIMITED | Consumer Discretionary | 1.09% |
| 26 | Power Grid Corporation of India Limited | Utilities | 0.99% |
| 27 | Dr. Lal Path Labs Ltd. | Healthcare | 0.9% |
| 28 | Hero MotoCorp Limited | Consumer Discretionary | 0.9% |
| 29 | HCL Technologies Limited | Information Technology | 0.87% |
| 30 | SBI Life Insurance Company Limited | Financial Services | 0.87% |
| 31 | Havells India Limited | Consumer Discretionary | 0.83% |
| 32 | Mahindra & Mahindra Financial Services Ltd (3M Tbill + 210bps)tbill | — | 0.83% |
| 33 | 8.42% Muthoot Finance Limited 2029 (FRN)bond | — | 0.82% |
| 34 | ICICI Lombard General Insurance Company Limited | Financial Services | 0.78% |
| 35 | Cipla Limited | Healthcare | 0.77% |
| 36 | HDFC Life Insurance Company Limited | Financial Services | 0.72% |
| 37 | City Union Bank Limited | Financial Services | 0.71% |
| 38 | Bajaj Auto Limited | Consumer Discretionary | 0.7% |
| 39 | Eicher Motors Limited | Consumer Discretionary | 0.7% |
| 40 | Apollo Hospitals Enterprise Limited | Healthcare | 0.69% |
| 41 | Oil & Natural Gas Corporation Limited | Energy | 0.69% |
| 42 | Godrej Consumer Products Limited | Consumer Staples | 0.67% |
| 43 | Jubilant Foodworks Limited | Consumer Discretionary | 0.66% |
| 44 | EMBASSY OFFICE PARKS REIT | Real Estate | 0.65% |
| 45 | Indus Towers Limited | Telecommunication | 0.64% |
| 46 | ITC Limited | Consumer Staples | 0.64% |
| 47 | Lupin Limited | Healthcare | 0.63% |
| 48 | 7.10% Central Government Securitiesbond | — | 0.59% |
| 49 | United Spirits Limited | Consumer Staples | 0.57% |
| 50 | BROOKFIELD INDIA REAL ESTATE | Real Estate | 0.57% |
| 51 | State Bank of India (Tier 2 - Basel III)^bond | — | 0.57% |
| 52 | Tata Motors Limited | Industrials | 0.55% |
| 53 | Tata Steel Limited | Materials | 0.55% |
| 54 | Bharat Petroleum Corporation Limited | Energy | 0.54% |
| 55 | Tech Mahindra Limited | Information Technology | 0.54% |
| 56 | TCPL Packaging Limited | Industrials | 0.49% |
| 57 | Bajaj Finance Limited | Financial Services | 0.45% |
| 58 | CREDITACCESS GRAMEEN LIMITED | Financial Services | 0.45% |
| 59 | Balkrishna Industries Limited | Consumer Discretionary | 0.42% |
| 60 | Hindustan Unilever Limited | Consumer Staples | 0.42% |
| 61 | SMFG India Credit Company Ltd^bond | — | 0.42% |
| 62 | Ambuja Cements Limited | Materials | 0.41% |
| 63 | Aptus Value Housing Finance India Limited | Financial Services | 0.41% |
| 64 | 9.33% 360 One Prime Limited 2028 (FRN)bond | — | 0.41% |
| 65 | LIC Housing Finance Ltd.^bond | — | 0.41% |
| 66 | 7.87% LIC Housing Finance Limitedbond | — | 0.41% |
| 67 | 7.57% LIC Hsg Fin NCD Tr 447 Op I (MD )bond | — | 0.41% |
| 68 | Siddhivinayak Securitisation Trust (Originator - Sikka Ports & Terminals Limited)^bond | — | 0.41% |
| 69 | JINDAL STEEL LIMITED | Materials | 0.4% |
| 70 | Paradeep Phosphates Limited | Materials | 0.4% |
| 71 | Punjab National Bank^bond | — | 0.4% |
| 72 | Union Bank of India (MD )bond | — | 0.4% |
| 73 | Delhivery Limited | Services | 0.38% |
| 74 | Gland Pharma Limited | Healthcare | 0.38% |
| 75 | IPCA Laboratories Limited | Healthcare | 0.37% |
| 76 | NEXUS SELECT TRUST | Real Estate | 0.36% |
| 77 | Hindalco Industries Limited | Materials | 0.34% |
| 78 | Blue Dart Express Limited | Services | 0.33% |
| 79 | Cholamandalam Investment & Finance Co. Ltd.^bond | — | 0.33% |
| 80 | Suprajit Engineering Limited | Consumer Discretionary | 0.29% |
| 81 | Titan Company Limited | Consumer Discretionary | 0.29% |
| 82 | Whirlpool of India Limited | Consumer Discretionary | 0.29% |
| 83 | Orient Electric Limited | Consumer Discretionary | 0.27% |
| 84 | POWERGRID INFRASTRUCTURE INV | Utilities | 0.27% |
| 85 | 7.10% Central Government Securitiesbond | — | 0.25% |
| 86 | 7.17% Government Securities - 17/04/20230bond | — | 0.25% |
| 87 | 7.23% Central Government Securitiesbond | — | 0.25% |
| 88 | 7.38% Central Government Securitiesbond | — | 0.25% |
| 89 | 8.95% Bharti Telecom Ltd. (MD )bond | — | 0.25% |
| 90 | 7.83% Small Industries Development Bank of India (MD )bond | — | 0.25% |
| 91 | Sonata Software Limited | Information Technology | 0.24% |
| 92 | Star Health and Allied Insurance Company Limited | Financial Services | 0.24% |
| 93 | Prestige Estates Projects Limited | Real Estate | 0.23% |
| 94 | Gateway Distriparks Limited | Services | 0.22% |
| 95 | Bayer Cropscience Limited | Materials | 0.2% |
| 96 | Transport Corporation of India Limited | Services | 0.2% |
| 97 | CIE Automotive India Limited | Consumer Discretionary | 0.19% |
| 98 | The Great Eastern Shipping Company Limited | Services | 0.19% |
| 99 | Indraprastha Gas Limited | Utilities | 0.17% |
| 100 | 6.94% Central Government Securitiesbond | — | 0.17% |
| 101 | 7.06% Government of India (MD )bond | — | 0.17% |
| 102 | HDFC Bank Ltd.£^bond | — | 0.17% |
| 103 | 7.64% National Bank for Agriculture and Rural Development (MD )bond | — | 0.17% |
| 104 | NCD SMALL INDUSTRIES DEVELOPMENT BANK OF INDIAbond | — | 0.16% |
| 105 | CUBE HIGHWAYS TRUST | Real Estate | 0.16% |
| 106 | BANK OF BARODA CD REDbond | — | 0.16% |
| 107 | Biocon Limited | Healthcare | 0.15% |
| 108 | UTI Asset Management Company Limited | Financial Services | 0.14% |
| 109 | G R Infraprojects Limited | Industrials | 0.13% |
| 110 | 7.70% National Bank for Agriculture and Rural Development (MD )bond | — | 0.12% |
| 111 | Pipeline Infrastructure Pvt. Ltd.^bond | — | 0.1% |
| 112 | 6.54% Government of India (MD )bond | — | 0.08% |
| 113 | 7.34% Central Government Securitiesbond | — | 0.08% |
| 114 | Bank of Baroda (Tier 2 - Basel III)^bond | — | 0.08% |
| 115 | National Bank for Agri & Rural Dev.^bond | — | 0.08% |
| 116 | Power Finance Corporation Ltd.^bond | — | 0.08% |
| 117 | 7.44% Power Finance Corporation Ltd. (MD )bond | — | 0.08% |
| 118 | 7.35% REC Ltd. (MD )bond | — | 0.08% |
| 119 | 7.80% National Bank for Agriculture and Rural Development (MD )bond | — | 0.04% |
| 120 | 7.18% Government Securitiesbond | — | 0.03% |
| 121 | RAAJMARG INFRA INVESTMENT TR | Services | 0.03% |
| 122 | Kwality Wall's (India) Limited | Consumer Staples | 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 31 August 2026. Data is for information only, not investment advice. Holdings may have changed since the disclosure date.