HDFC Focused 30 Fund portfolio analysis: Top holdings and sector allocation
Explore the HDFC Focused 30 Fund’s portfolio composition, including its top 10 holdings and sector allocation.
The HDFC Focused 30 Fund is a unique offering from HDFC Mutual Fund that follows a concentrated investment strategy. As of April 2024, the fund holds a portfolio of 28 stocks, which is slightly above the category average of 27.14 stocks. Let’s take a closer look at the fund’s portfolio composition and top holdings.
Portfolio Composition
The fund’s top 5 holdings account for 34.47% of the total portfolio, while the top 10 holdings make up 54.23%. This indicates a high level of concentration in the fund’s investments. The top 3 sectors account for 42.08% of the portfolio, which is higher than the category average of 33.88%.
In terms of market capitalization, the fund has an average market cap of ₹84,773.37 crore, which is lower than the category average of ₹117,566.88 crore. The fund has a higher allocation to large-cap stocks at 51.75% (16 stocks), compared to mid-cap stocks at 7.81% (3 stocks) and small-cap stocks at 2.99% (2 stocks).
Top Holdings
Here are the top 10 holdings of the HDFC Focused 30 Fund as of April 2024:
- ICICI Bank Ltd. (9.27% of the portfolio)
- HDFC Bank Ltd. (9.02% of the portfolio)
- Axis Bank Ltd. (6.32% of the portfolio)
- Cipla Ltd. (5.17% of the portfolio)
- State Bank Of India (4.69% of the portfolio)
- HCL Technologies Limited (3.70% of the portfolio)
- SBI Life Insurance Co Ltd. (4.31% of the portfolio)
- Hindustan Aeronautics Ltd. (4.90% of the portfolio)
- Infosys Ltd. (3.65% of the portfolio)
- Larsen & Toubro Ltd. (3.60% of the portfolio)
The top 5 holdings account for 34.47% of the total portfolio, while the top 10 holdings make up 54.23%. The fund has a significant allocation to private sector banks, with ICICI Bank, HDFC Bank and Axis Bank being the top 3 holdings.
The HDFC Focused 30 Fund offers investors a concentrated approach to equity investing, with a focus on large-cap stocks and the banking sector. While this strategy can potentially generate higher returns, it also carries higher risk due to the lack of diversification. Investors should carefully consider their risk appetite and investment horizon before investing in this fund.
When considering the HDFC Focused 30 Fund, it’s essential to evaluate your financial goals, risk tolerance, and investment timeline. As with any investment, it’s crucial to conduct thorough research and consult with a financial advisor before making a decision.