Mutual fund · Equity Savings
HDFC Equity Savings Fund
₹5,532 cr across 81 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: +1% over 1 year against the median Equity Savings fund's +3%.
| Over | Quarter | 1 year | 3 years (ann.) | 5 years (ann.) |
|---|---|---|---|---|
| HDFC Equity Savings Fund | −1% | +1% | +7% | +7% |
| Median Equity Savings fund | 0% | +3% | +7% | +6% |
+14%Q3 FY24+19%Q4 FY24+17%Q1 FY25+18%Q2 FY25+10%Q3 FY25+6%Q4 FY25+6%Q1 FY26+2%Q2 FY26+7%Q3 FY26+3%Q4 FY26+1%Q1 FY27+1%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 |
|---|---|---|
| Titan Company Ltd. | +0.7 pp | −0.3 pp |
| Adani Ports & Special Economic Zone | +0.7 pp | +0.1 pp |
| State Bank of India | +0.6 pp | −0.2 pp |
| Sun Pharmaceutical Industries Ltd. | +0.5 pp | −0.3 pp |
| Divis Laboratories Ltd. | +0.4 pp | −0.0 pp |
| Stock | 12 months | Latest month |
|---|---|---|
| HDFC Bank Ltd. | −2.1 pp | −0.0 pp |
| Infosys Limited | −1.0 pp | −0.1 pp |
| Reliance Industries Ltd. | −0.7 pp | −0.4 pp |
| Tata Consultancy Services Ltd. | −0.6 pp | −0.3 pp |
| NTPC Limited | −0.5 pp | −0.1 pp |
Holdings, as filed for 2026-09-30
| Holding | Sector | % of fund | Value | Held for | Vs avg cost |
|---|---|---|---|---|---|
| HDFC Bank | Financial Services | 6.96% | ₹385 cr | 46 mo | -8% |
| Reliance Industries Limited | Oil, Gas & Consumable Fuels | 5.23% | ₹289 cr | 46 mo | -9% |
| NTPC Limited | Power | 3.55% | ₹197 cr | 46 mo | -5% |
| Titan Company Limited | Consumer Durables | 3.20% | ₹177 cr | 46 mo | +63% |
| Larsen & Toubro Limited | Construction | 2.97% | ₹164 cr | 46 mo | +15% |
| Sun Pharmaceutical Industries Limited | Healthcare | 2.89% | ₹160 cr | 46 mo | +12% |
| ICICI Bank | Financial Services | 2.87% | ₹159 cr | 46 mo | +13% |
| Bharti Airtel Limited | Telecommunication | 2.38% | ₹132 cr | 46 mo | +48% |
| Maruti Suzuki India Limited | Automobile and Auto Components | 2.05% | ₹113 cr | 46 mo | +10% |
| Bajaj Finance Limited | Financial Services | 2.00% | ₹111 cr | 46 mo | +28% |
| Kotak Mahindra Bank Limited | Financial Services | 1.74% | ₹96 cr | 35 mo | +13% |
| Axis Bank | Financial Services | 1.61% | ₹89 cr | 46 mo | +18% |
| State Bank of India | Financial Services | 1.56% | ₹86 cr | 46 mo | +29% |
| M & M | Automobile and Auto Components | 1.12% | ₹62 cr | 46 mo | -4% |
| Hyundai Motor India Limited | Automobile and Auto Components | 1.10% | ₹61 cr | 24 mo | +11% |
How this fund actually behaves
Computed from every filed monthly portfolio (46 months of filings) by the research pipeline.
| Holding patience | Median months a position is held (25th–75th band) | 18 mo (9–29) |
| Win rate on exits | Closed positions sold above entry, and the payoff ratio (38 exits) | 71% · payoff 2.9× |
| Loser handling | Cuts losers vs averages down, from 12 months of filings | Averages down |
| Entry valuation discipline | Median P/E paid on entries over 36 months; share above 50× | 33× · 32% over 50× |
| Portfolio valuation today | Weighted P/E and P/B of the current book at filed prices | 76.2× P/E · 6.4× P/B · 1% loss-makers |
| Churn | Stocks entered and exited in 12 months, of 81 positions | 29 in · 16 out |
| Concentration | Top 10 holdings' share; effective number of positions | 34% · ~26 effective |