HDFC Mutual Fund Raises Stakes in 469 Stocks, Cuts Exposure to Swiggy, Paytm & More in Nov 2025

HDFC Mutual Fund significantly reshuffled its portfolio in November. According to monthly data released by Prime Database, the fund house increased its exposure in 469 stocks during the month while reducing its holdings in 126 stocks, reflecting an active approach to portfolio realignment amid changing market conditions.

Key Stocks Where Exposure Was Increased

The fund house raised its stake across a wide range of large-cap and mid-cap stocks. Major additions included Eternal, ITC, ICICI Bank, HDFC Bank, Mahindra & Mahindra, Kaynes Technology, Asian Paints, Trent, Infosys, and Eicher Motors. 

Other notable names where exposure was increased were Vedanta, Jio Financial Services, UTI Asset Management, BSE, Escorts Kubota, SAIL, Biocon, HCL Technologies, and Nestle India. The additions indicate a continued preference for banking, FMCG, industrials, and technology-led companies.

Stocks That Saw Reduced Exposure

On the other hand, HDFC Mutual Fund trimmed its exposure in 126 stocks during the same period. These included new-age and traditional companies such as Swiggy, Paytm, Tata Elxsi, REC, IRCTC, GMR Airports, Hindustan Zinc, IOCL, CAMS, Vodafone Idea, AIA Engineering, Voltas, IDFC First Bank, Dabur, and Urban Company. 

New IPO Investments and Complete Exits

During November, the fund house invested in four new IPOs, which became new entrants to its portfolio. These included Billionbrains Garage Ventures with a holding of 3.71 shares, Tenneco Clean Air India with 22.28 lakh shares, Emmvee Photovoltaic Power with 23.04 lakh shares, and Sudeep Pharma with 4.54 lakh shares.

HDFC Mutual Fund also made a complete exit from three stocks. It sold its entire holdings in Belrise Industries, NSDL, and Advent Hotels International during the month.

Sectoral Allocation and Overall Portfolio Size

Sector-wise, financial services dominated the portfolio with a 34.10% allocation, followed by consumer discretionary at 17.36%, healthcare at 9.26%, industrials at 8.46%, IT at 7.16%, commodities at 5.40%, and energy at 5.38%. Smaller allocations were seen in FMCG, telecom, services, and diversified sectors.

As of November 2025, HDFC Mutual Fund manages assets worth ₹9.52 lakh crore across 136 mutual fund schemes, underscoring its strong presence in India’s asset management industry.

Also Read: HDFC Bank, RIL, and Infosys Lead ICICI Prudential Mutual Fund's November Portfolio!

Conclusion

HDFC Mutual Fund’s November portfolio activity highlights a strategic tilt toward established companies and select IPOs, while reducing exposure to certain new-age and cyclical stocks. The rebalancing reflects the fund house’s cautious yet growth-focused investment approach amid evolving market dynamics.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a private recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Mutual Fund investments are subject to market risks, read all scheme-related documents carefully.