HSBC Multi Asset Allocation Fund

HSBC Mutual FundHybridPortfolio as of 31 August 2026

HSBC Multi Asset Allocation Fund holds 90 instruments (73.91% equity), led by ICICI Bank Limited (8.36%), HDFC Bank Limited (4.64%) and Lenskart Solutions Limited (4.2%), as of its 31 August 2026 SEBI-mandated monthly disclosure.

Holdings
90
Equity Allocation
73.91%
AMC
HSBC Mutual Fund
Category
Hybrid

This page shows the complete disclosed portfolio of HSBC Multi Asset Allocation Fund, managed by HSBC Mutual Fund, based on its monthly portfolio disclosure dated 31 August 2026. The fund holds 90 instruments with an equity allocation of 73.91%. Percentages are of net assets (% to NAV). Click any stock to see every other mutual fund that also holds it.

Portfolio Analysis

HSBC Multi Asset Allocation Fund's top 10 holdings account for 35.94% of its portfolio, more concentrated than the Hybrid category average of 27.4%. Financial Services is its largest sector exposure at 32.06% of net assets, spread across 11 sectors in total. Since its 31 July 2026 disclosure, the fund added 4 new positions and exited 0 positions, with Axis Bank Limited seeing the largest move (-1.66pp to 0.04%).

Sector Breakdown

Equity holdings grouped by sector, % to NAV. "Other" covers debt, cash and other non-equity instruments, plus any equity holding without a classified sector.

Financial Services
32.06%
Other
26.09%
Consumer Discretionary
15.51%
Industrials
12.95%
Healthcare
5.43%
Consumer Staples
2.94%
Materials
2.4%
Information Technology
1.1%
Services
0.82%
Utilities
0.39%
Telecommunication
0.27%
Energy
0.04%

Top 10 Equity Holdings

What Changed: July 2026 → August 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.

4 new entries8 increased10 reduced

Biggest Weight Increases

StockWeightChange
ITC Limited1.15% → 2.28%▲ +1.13
Lenskart Solutions Limited3.11% → 4.2%▲ +1.09
Meesho Limited2.02% → 2.83%▲ +0.81
Gland Pharma Limited0.91% → 1.29%▲ +0.38
Ather Energy Limited1.16% → 1.5%▲ +0.34
PB Fintech Limited2.85% → 3.17%▲ +0.32
Piramal Finance Limited1.85% → 1.97%▲ +0.12
SEDEMAC Mechatronics Limited0.98% → 1.08%▲ +0.1

Biggest Weight Reductions

StockWeightChange
Axis Bank Limited1.7% → 0.04%▼ -1.66
Hindalco Industries Limited1.23% → 0.36%▼ -0.87
Mahindra & Mahindra Limited1.61% → 0.79%▼ -0.82
TATA CONSUMER PRODUCTS LIMITED1.17% → 0.58%▼ -0.59
Oil & Natural Gas Corporation Limited0.61% → 0.03%▼ -0.58
HDFC Bank Limited5.15% → 4.64%▼ -0.51
Reliance Industries Limited0.37% → 0.01%▼ -0.36
Lupin Limited2.46% → 2.12%▼ -0.34
ICICI Bank Limited8.69% → 8.36%▼ -0.33
BSE Limited0.26% → 0.02%▼ -0.24

Top Holdings — Weight Trend

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

Mar: 3.04%, Apr: 7%, May: 6.65%, Jun: 8.48%, Jul: 8.69%, Aug: 8.36%
8.36%
Mar: 0.1%, Apr: 0.01%, May: 0.01%, Jun: 3.41%, Jul: 5.15%, Aug: 4.64%
4.64%
Mar: 2.26%, Apr: 2.12%, May: 3.01%, Jun: 2.9%, Jul: 3.11%, Aug: 4.2%
4.2%
Mar: 2.13%, Apr: 2.15%, May: 2.07%, Jun: 2.31%, Jul: 3.48%, Aug: 3.29%
3.29%
Mar: 1.58%, Apr: 1.68%, May: 3.15%, Jun: 2.95%, Jul: 2.85%, Aug: 3.17%
3.17%

Full Portfolio (90 holdings)

#HoldingSector% to NAV
1HSBC Gold ETFmf—9.12%
2ICICI Bank LimitedFinancial Services8.36%
3HDFC Bank LimitedFinancial Services4.64%
4Lenskart Solutions LimitedConsumer Discretionary4.2%
5The Federal Bank LimitedFinancial Services3.29%
6PB Fintech LimitedFinancial Services3.17%
7Meesho LimitedConsumer Discretionary2.83%
8TVS Motor Company LimitedConsumer Discretionary2.6%
9GE Vernova T&D India LimitedIndustrials2.45%
10ITC LimitedConsumer Staples2.28%
11Lupin LimitedHealthcare2.12%
12JSW Steel LimitedMaterials2.02%
13ICICI Prudential Asset Management Company LimitedFinancial Services1.98%
14Piramal Finance LimitedFinancial Services1.97%
15FSN E-Commerce Ventures LimitedConsumer Discretionary1.81%
16HDFC Asset Management Company LimitedFinancial Services1.71%
17HDFC Gold ETF - Growth Optionmf—1.69%
18Apar Industries LimitedIndustrials1.65%
19Polycab India LimitedIndustrials1.64%
20Aditya Infotech LimitedIndustrials1.62%
21Bajaj Housing Finance Ltd^bond—1.58%
22TREPStreps—1.57%
237.44% National Bank For Agriculture and Rural Development 2029bond—1.54%
247.7% Bajaj Finance Limited 2029bond—1.54%
25Ather Energy LimitedConsumer Discretionary1.5%
26TITAGARH RAIL SYSTEMS LIMITEDIndustrials1.48%
27Gland Pharma LimitedHealthcare1.29%
28CG Power and Industrial Solutions LimitedIndustrials1.19%
29City Union Bank LimitedFinancial Services1.16%
30Mankind Pharma LimitedHealthcare1.14%
31Hitachi Energy India LimitedIndustrials1.08%
32SEDEMAC Mechatronics LimitedConsumer Discretionary1.08%
33Billionbrains Garage Ventures LimitedFinancial Services1.05%
346.48% Central Government Securitiesbond—0.99%
35Nippon Life India Asset Management LimitedFinancial Services0.98%
36Tech Mahindra LimitedInformation Technology0.97%
37Mahindra & Mahindra Financial Services LimitedFinancial Services0.93%
38ABB India LimitedIndustrials0.93%
39Indian BankFinancial Services0.92%
40InterGlobe Aviation LimitedServices0.82%
41One 97 Communications LimitedFinancial Services0.82%
427.47% Small Industries Development Bank of India (MD )bond—0.82%
43Rural Electrification Corporation Ltdbond—0.8%
44Mahindra & Mahindra LimitedConsumer Discretionary0.79%
456.94% Central Government Securitiesbond—0.78%
467.23% UltraTech Cement Limitedbond—0.77%
47Rural Electrification Corporation Ltdbond—0.76%
486.01% Central Government Securitiesbond—0.76%
496.68% Government of India 2040bond—0.75%
50Sun Pharmaceutical Industries LimitedHealthcare0.68%
51Tenneco Clean Air India LimitedConsumer Discretionary0.62%
52Liquid Gold Series 24bond—0.62%
53Thermax LimitedIndustrials0.6%
54ICICI Bank Limitedbond—0.6%
55TATA CONSUMER PRODUCTS LIMITEDConsumer Staples0.58%
56India Universal Trust AL2 (PTC backed by loan receivables originated by HDFC Bank Limited) £^bond—0.56%
57Kfin Technologies LimitedFinancial Services0.53%
588.95% Reliance Industries Ltd. (MD )bond—0.51%
59NTPC LimitedUtilities0.36%
60PNB Housing Finance LimitedFinancial Services0.36%
61Hindalco Industries LimitedMaterials0.36%
62Indian Railway Finance Corporation Ltdbond—0.32%
63Bharti Airtel LimitedTelecommunication0.27%
64Siemens LimitedIndustrials0.25%
65Divi's Laboratories LimitedHealthcare0.17%
667.18% Government of India (MD )bond—0.16%
676.90% Government of India (MD )bond—0.14%
68Persistent Systems LimitedInformation Technology0.13%
69State Bank of IndiaFinancial Services0.06%
70Britannia Industries LimitedConsumer Staples0.06%
71Multi Commodity Exchange of India LimitedFinancial Services0.05%
72Safari Industries (India) LimitedConsumer Discretionary0.04%
73Axis Bank LimitedFinancial Services0.04%
74Dixon Technologies (India) LimitedConsumer Discretionary0.04%
75Max Healthcare Institute LimitedHealthcare0.03%
76Oil & Natural Gas Corporation LimitedEnergy0.03%
77Larsen & Toubro LimitedIndustrials0.03%
78Tata Power Company LimitedUtilities0.02%
79UltraTech Cement LimitedMaterials0.02%
80Bharat Heavy Electricals LimitedIndustrials0.02%
81Godrej Consumer Products LimitedConsumer Staples0.02%
82BSE LimitedFinancial Services0.02%
83Shriram Finance LimitedFinancial Services0.02%
84Reliance Industries LimitedEnergy0.01%
85Bharat Electronics LimitedIndustrials0.01%
86Power Grid Corporation of India LimitedUtilities0.01%
87Infosys LimitedInformation Technology0%
88Cholamandalam Investment and Finance Company LimitedFinancial Services0%
89Blue Star LimitedConsumer Discretionary0%
90Net Current Assets (including cash & bank balances)other—-0.29%

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Frequently Asked Questions

Yes. As of its 31 August 2026 disclosure, ICICI Bank Limited is 8.36% of HSBC Multi Asset Allocation Fund's net assets — its number 1 holding.
Yes. As of its 31 August 2026 disclosure, HDFC Bank Limited is 4.64% of HSBC Multi Asset Allocation Fund's net assets — its number 2 holding.
Yes. As of its 31 August 2026 disclosure, Lenskart Solutions Limited is 4.2% of HSBC Multi Asset Allocation Fund's net assets — its number 3 holding.
Yes. As of its 31 August 2026 disclosure, The Federal Bank Limited is 3.29% of HSBC Multi Asset Allocation Fund's net assets — its number 4 holding.
Yes. As of its 31 August 2026 disclosure, PB Fintech Limited is 3.17% of HSBC Multi Asset Allocation 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: HSBC 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.