Mutual fund · Sectoral / Thematic
HDFC Housing Opportunities Fund
₹1,100 cr across 35 positions, as filed for 2026-09-30. Returns are the fund's AMFI growth-plan NAV; holdings and behavior come from its filed monthly portfolios.
Returns, against the category
Q2 FY27: −7% over 1 year against the median Sectoral / Thematic fund's +2%.
| Over | Quarter | 1 year | 3 years (ann.) | 5 years (ann.) |
|---|---|---|---|---|
| HDFC Housing Opportunities Fund | −5% | −7% | +7% | +10% |
| Median Sectoral / Thematic fund | −2% | +2% | +12% | +11% |
+39%Q3 FY24+54%Q4 FY24+61%Q1 FY25+48%Q2 FY25+14%Q3 FY25+1%Q4 FY25−5%Q1 FY26−10%Q2 FY260%Q3 FY26−6%Q4 FY26−5%Q1 FY27−7%Q2 FY27
What moved the fund, last 12 filed months
Contribution = the fund's filed weight each month × that stock's price move in its own filings, in percentage points of NAV. Corporate-action months are left out.
| Stock | 12 months | Latest month |
|---|---|---|
| Electronics Mart India Ltd | +1.4 pp | +0.4 pp |
| State Bank of India | +1.3 pp | −0.6 pp |
| Tata Steel Ltd. | +0.9 pp | −0.0 pp |
| National Aluminium Co. Ltd. | +0.8 pp | −0.1 pp |
| Hindalco Industries Ltd. | +0.8 pp | −0.1 pp |
| Stock | 12 months | Latest month |
|---|---|---|
| Ambuja Cements Ltd. | −2.4 pp | −0.4 pp |
| HDFC Bank Ltd. | −2.4 pp | −0.0 pp |
| Birla Corporation Ltd. | −0.7 pp | −0.1 pp |
| Havells India Ltd. | −0.6 pp | −0.3 pp |
| Crompton Greaves Consumer Elec. Ltd. | −0.6 pp | −0.2 pp |
Holdings, as filed for 2026-09-30
| Holding | Sector | % of fund | Value | Held for | Vs avg cost |
|---|---|---|---|---|---|
| Larsen & Toubro Limited | Construction | 8.54% | ₹94 cr | 40 mo | +52% |
| ICICI Bank | Financial Services | 8.11% | ₹89 cr | 40 mo | +41% |
| HDFC Bank | Financial Services | 8.05% | ₹89 cr | 40 mo | -15% |
| NTPC Limited | Power | 7.33% | ₹81 cr | 40 mo | +65% |
| Ambuja Cements Limited | Construction Materials | 5.32% | ₹59 cr | 40 mo | -12% |
| State Bank of India | Financial Services | 5.06% | ₹56 cr | 40 mo | +67% |
| Kalpataru Projects International Limited | Construction | 5.01% | ₹55 cr | 40 mo | +157% |
| UltraTech Cement Limited | Construction Materials | 4.98% | ₹55 cr | 40 mo | +28% |
| Tata Steel | Metals & Mining | 4.69% | ₹52 cr | 40 mo | +65% |
| Prestige Estates Projects Limited | Realty | 4.38% | ₹48 cr | 40 mo | +149% |
| Electronics Mart India Limited | Consumer Services | 3.41% | ₹37 cr | 40 mo | +145% |
| Axis Bank | Financial Services | 3.34% | ₹37 cr | 40 mo | +15% |
| JSW Dulux Limited | Consumer Durables | 2.52% | ₹28 cr | 6 mo | +4% |
| Kotak Mahindra Bank Limited | Financial Services | 2.27% | ₹25 cr | 6 mo | +9% |
| Asian Paints Limited | Consumer Durables | 1.97% | ₹22 cr | 40 mo | -28% |
How this fund actually behaves
Computed from every filed monthly portfolio (40 months of filings) by the research pipeline.
| Holding patience | Median months a position is held (25th–75th band) | 21 mo (16–35) |
| Win rate on exits | Closed positions sold above entry, and the payoff ratio (11 exits) | 64% · payoff 5.0× |
| Loser handling | Cuts losers vs averages down, from 12 months of filings | Mixed |
| Entry valuation discipline | Median P/E paid on entries over 36 months; share above 50× | 38× · 42% over 50× |
| Portfolio valuation today | Weighted P/E and P/B of the current book at filed prices | 24.9× P/E · 3.2× P/B · 3% loss-makers |
| Churn | Stocks entered and exited in 12 months, of 35 positions | 6 in · 5 out |
| Concentration | Top 10 holdings' share; effective number of positions | 61% · ~20 effective |