Mutual fund · Large Cap
HDFC Large Cap Fund
₹37,294 cr across 45 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: −5% over 1 year against the median Large Cap fund's −4%.
| Over | Quarter | 1 year | 3 years (ann.) | 5 years (ann.) |
|---|---|---|---|---|
| HDFC Large Cap Fund | −4% | −5% | +7% | +9% |
| Median Large Cap fund | −3% | −4% | +8% | +8% |
+30%Q3 FY24+39%Q4 FY24+35%Q1 FY25+38%Q2 FY25+12%Q3 FY25+5%Q4 FY25+4%Q1 FY26−6%Q2 FY26+8%Q3 FY26−5%Q4 FY26−4%Q1 FY27−5%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. | +1.1 pp | −0.5 pp |
| Torrent Pharmaceuticals Ltd. | +1.0 pp | −0.2 pp |
| Bajaj Auto Limited | +0.7 pp | −0.3 pp |
| Tata Motors Limited | +0.7 pp | −0.2 pp |
| Kotak Mahindra Bank Limited | +0.7 pp | −0.0 pp |
| Stock | 12 months | Latest month |
|---|---|---|
| HDFC Bank Ltd. | −2.3 pp | −0.0 pp |
| Infosys Limited | −1.2 pp | −0.3 pp |
| Tata Motors Ltd. | −1.2 pp | 0.0 pp |
| Ambuja Cements Ltd. | −1.0 pp | −0.2 pp |
| Reliance Industries Ltd. | −0.7 pp | −0.3 pp |
Holdings, as filed for 2026-09-30
| Holding | Sector | % of fund | Value | Held for | Vs avg cost |
|---|---|---|---|---|---|
| ICICI Bank | Financial Services | 9.79% | ₹3,650 cr | 22 mo | +3% |
| HDFC Bank | Financial Services | 7.36% | ₹2,746 cr | 22 mo | -20% |
| Bharti Airtel Limited | Telecommunication | 6.46% | ₹2,411 cr | 22 mo | +9% |
| Kotak Mahindra Bank Limited | Financial Services | 6.08% | ₹2,267 cr | 22 mo | +12% |
| Titan Company Limited | Consumer Durables | 5.07% | ₹1,891 cr | 22 mo | +38% |
| Reliance Industries Limited | Oil, Gas & Consumable Fuels | 4.76% | ₹1,775 cr | 22 mo | -9% |
| Torrent Pharmaceuticals Limited | Healthcare | 4.09% | ₹1,527 cr | 19 mo | +41% |
| Axis Bank | Financial Services | 3.52% | ₹1,313 cr | 22 mo | +16% |
| Bajaj Finserv Limited | Financial Services | 3.05% | ₹1,138 cr | 16 mo | -10% |
| Bajaj Auto | Automobile and Auto Components | 2.81% | ₹1,048 cr | 22 mo | +25% |
| Eternal Ltd | Consumer Services | 2.60% | ₹968 cr | 22 mo | +18% |
| Infosys | Information Technology | 2.59% | ₹966 cr | 22 mo | -42% |
| Lupin Limited | Healthcare | 2.51% | ₹937 cr | 22 mo | -9% |
| Cholamandalam Investment and Finance Company Limited | Financial Services | 2.28% | ₹849 cr | 22 mo | +28% |
| Ambuja Cements Limited | Construction Materials | 2.24% | ₹834 cr | 22 mo | -34% |
How this fund actually behaves
Computed from every filed monthly portfolio (22 months of filings) by the research pipeline.
| Holding patience | Median months a position is held (25th–75th band) | 10 mo (5–13) |
| Win rate on exits | Closed positions sold above entry, and the payoff ratio (3 exits) | — · payoff — |
| Loser handling | Cuts losers vs averages down, from 12 months of filings | Sample too small |
| Entry valuation discipline | Median P/E paid on entries over 36 months; share above 50× | 39× · 42% over 50× |
| Portfolio valuation today | Weighted P/E and P/B of the current book at filed prices (P/E covers 94% of equity) | 37.2× P/E · 7.5× P/B · 3% loss-makers |
| Churn | Stocks entered and exited in 12 months, of 45 positions | 11 in · 13 out |
| Concentration | Top 10 holdings' share; effective number of positions | 53% · ~24 effective |