HDFC Mid Cap Fund Direct-Growth

Q: What are the returns of HDFC Mid Cap Fund?

The HDFC Mid Cap Fund is a 12 yrs 6 m old fund and has delivered average annual returns of 21.57% since inception. HDFC Mid Cap Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 7.9% 33.27% 33.0% 18.84% 21.57%

Previously called: HDFC Mid-Cap Opportunities Direct-G

NAV as of Jul 03, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹216.556+0.28% 1 day change	21.57% p.a.	#NA View Ranked Funds	₹79,718 Cr

Historical NAV & returns

NAV: ₹216.556 as on Jul 03, 2025

This fund Category average

HDFC Mid Cap Fund overview

Expense ratio	0.77% as on May 31, 2025
Exit load	1.0% Exit load of 1% if redeemed within 1 year.!
AUM (Fund size)	₹79,718 Cr
Lock-in Period	Nil
Age	12 yrs 6 m since Jan 01, 2013
Benchmark	NIFTY Midcap 150 TRI
Min. investment	SIP: ₹100 & Lumpsum: ₹100
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

HDFC Mid Cap Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Jul 04, 2025

Period	This fund	Category average
1 Month	3.88%	3.72%
3 Months	17.24%	17.27%
6 Months	5.01%	3.17%
1 Year	7.9%	4.93%
2 Years	29.3%	28.69%
3 Years	33.27%	28.32%
4 Years	24.55%	21.21%
5 Years	33.0%	30.45%
7 Years	20.74%	20.25%
10 Years	18.84%	17.27%

View returns in detail

Asset allocationas on May 31, 2025

Large Cap 5.36913%

Mid Cap 65.751192%

Small Cap 20.6505%

Other Cap 0.009178000000004696%

Top holdings

Max Financial Services Ltd.4.82%

The Federal Bank Ltd.3.24%

Coforge Ltd.3.22%

Balkrishna Industries Ltd.2.94%

Top sectors

Financial 21.769999999999996%

Healthcare 9.809999999999999%

Automobile 9.44%

Services 8.790000000000001%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Bifurcation by Holding is not available for this fund

Allocation by Instruments

Repo 8.35%

Rights 0.06%

Other Holdings

Others 8.35%

Detailed portfolio analysis

Peer comparison

Fund name	ETM Rank	AUM	Fund age	Expense ratio
HDFC Mid Cap Fund	N.A.	79,718 Cr	12 yrs 6 m	0.77%
Motilal Oswal Midcap Fund	N.A.	30,401 Cr	11 yrs 5 m	0.7%
Nippon India Growth Mid Cap Fund	N.A.	36,836 Cr	12 yrs 6 m	0.72%
Kotak Midcap Fund	N.A.	53,464 Cr	12 yrs 6 m	0.42%
Edelweiss Mid Cap Fund	N.A.	10,028 Cr	12 yrs 6 m	0.4%

Fund name	1M	6M	1Y	3Y	5Y	10Y
HDFC Mid Cap Fund	3.88%	5.01%	7.9%	33.27%	33.0%	18.84%
Motilal Oswal Midcap Fund	5.11%	-4.67%	9.14%	36.81%	38.01%	19.0%
Nippon India Growth Mid Cap Fund	3.24%	4.53%	7.52%	32.03%	33.62%	18.53%
Kotak Midcap Fund	4.57%	3.56%	6.33%	28.78%	31.68%	19.3%
Edelweiss Mid Cap Fund	4.57%	4.43%	9.72%	33.26%	34.93%	19.46%

Fund name	Std. deviation	Beta	Sharpe	Sortino
HDFC Mid Cap Fund	14.62	0.87	1.66	2.26
Motilal Oswal Midcap Fund	17.94	0.9	1.5	1.76
Nippon India Growth Mid Cap Fund	15.86	0.95	1.49	2.1
Kotak Midcap Fund	15.95	0.92	1.31	1.68
Edelweiss Mid Cap Fund	16.19	0.95	1.52	2.0

View all Mid Cap funds

Key risk & return ratios Compared to other funds in the category

Alpha	5.66 vs. 7.94 Underperformed at beating benchmark
Sharpe	1.66 vs. 8.52 Poor risk-adjusted returns
Beta	0.87 vs. 1.14 Less sensitive to market ups & downs
Standard deviation	14.62 vs. 13.36 More volatile performance

Compare HDFC Mid Cap Fund in detail with

About this fund

About HDFC Mid Cap Fund

HDFC Mid Cap Fund Direct-Growth is a Mid Cap mutual fund scheme from Hdfc Mutual Fund. This fund has been in existence for 12 yrs 6 m, having been launched on 01/01/2013. HDFC Mid Cap Fund Direct-Growth has ₹79,718 Crores worth of assets under management (AUM) as on 31/03/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of HDFC Mid Cap Fund Direct-Growth as of 03/07/2025 is ₹216.56. The fund has an expense ratio of 0.77%, which is higher than what most other Mid Cap funds charge.

HDFC Mid Cap Fund Direct-Growth returns of last 1-year are 9.99%. Since launch, it has delivered 21.51% average annual returns. The fund has doubled the money invested in it every 3 yrs.
HDFC Mid Cap Fund Direct-Growth scheme's ability to deliver returns consistently is higher than most funds of its category. Its ability to control losses in a falling market is high.
The fund has the majority of its money invested in Financial, Healthcare, Automobile, Services, Technology sectors. It has taken less exposure in Financial, Healthcare sectors compared to other funds in the category.
The fund's top 5 holdings are in Max Financial Services Ltd., The Federal Bank Ltd., Coforge Ltd., Balkrishna Industries Ltd., Ipca Laboratories Ltd..

...

Fund AUM	79,718 Cr as on Mar 31, 2025
Scheme document	View Scheme Document

Fund managers

Amar Kalkundrikar

Mr. Kalkundrikar has done B.Com, CA, CFA, and MBA from Columbia Business School. Prior to joining Nippon India Mutual Fund, he has worked with HDFC Asset Management Company Limited where he has handled multiple roles in Investment – Equity function such as Portfolio Management for PMS business, & performing Equity research in various sectors such as Consumer Staples, Consumer Discretionary, Retail, Construction Materials.

Chirag Setalvad

Mr. Setalvad is a B. Sc and MBA from University of North Carolina. Prior to joining HDFC AMC he has worked with New Vernon Advisory Services Ltd., HDFC AMC and ING Barings N.V.

Investment objective

The scheme seeks to provide long-term capital appreciation/income by investing predominantly in Mid-Cap companies.

HDFC Mutual Fund details

No. of schemes	75 view all schemes
Total AUM	7,80,967 Cr as on Mar 31, 2025
Address	"HDFC House", 2nd Floor, H. T. Parekh Marg, 165-166, Backbay Reclamation, Churchgate Mumbai, 400020
Email	shareholders.relations@hdfcfund.com
Phone	022 ? 66316333

More funds from HDFC Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
HDFC Infrastructure Fund	N.A.	2,540 Cr	-1.1%	35.51%
HDFC Small Cap Fund	N.A.	34,032 Cr	5.17%	35.37%
HDFC Focused Fund	N.A.	19,578 Cr	9.92%	30.04%
HDFC Flexi Cap Fund	N.A.	75,784 Cr	9.28%	29.89%
HDFC Flexi Cap Fund	N.A.	75,784 Cr	8.58%	29.06%

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of HDFC Mid Cap Fund?

The current Net Asset Value (NAV) of the HDFC Mid Cap Fund - Direct Growth plan is approximately ₹216.556 as of Jul 03, 2025.

What are the returns of this mutual fund scheme?

The HDFC Mid Cap Fund is a 12 yrs 6 m old fund and has delivered average annual returns of 21.57% since inception.

HDFC Mid Cap Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
7.9%	33.27%	33.0%	18.84%	21.57%

How much does this mutual fund charge as expense ratio?

The HDFC Mid Cap Fund - Direct Growth has an expense ratio of 0.77%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

What is the AUM or fund size of this mutual fund?

The HDFC Mid Cap Fund currently has assets under management (AUM) or fund size valued at approximately 79,718 Cr as of Mar 31, 2025.

What are the top stock holdings of HDFC Mid Cap Fund?

The HDFC Mid Cap Fund has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
Max Financial Services Ltd.	4.82%
The Federal Bank Ltd.	3.24%
Coforge Ltd.	3.22%
Balkrishna Industries Ltd.	2.94%
Ipca Laboratories Ltd.	2.91%
Hindustan Petroleum Corporation Ltd.	2.86%
Indian Bank	2.85%
AU Small Finance Bank Ltd.	2.56%
Apollo Tyres Ltd.	2.47%
The Indian Hotels Company Ltd.	2.38%

What are the top sectors HDFC Mid Cap Fund has invested in?

The HDFC Mid Cap Fund has primarily invested in the following sectors

Sector	Percentage of Portfolio
Financial	21.769999999999996%
Healthcare	9.809999999999999%
Automobile	9.44%
Services	8.790000000000001%
Technology	8.56%
Capital Goods	6.79%
Consumer Staples	4.919999999999999%
Energy	4.17%
Chemicals	3.84%
Metals & Mining	3.37%

What is risk level of HDFC Mid Cap Fund?

This is a Mid Cap fund comes with Very High risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in HDFC Mid Cap Fund?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for HDFC Mid Cap Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in HDFC Mid Cap Fund is complete.

How can I redeem my investments in HDFC Mid Cap Fund?

Redeeming your investments in HDFC Mid Cap Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in HDFC Mid Cap Fund from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

in Mid Cap

#NA

Return Consistency: This fund is one of the best in generating consistent return in it's category.
Volatility Protection: This fund is one of the best in protecting against volatility in it's category.
Return Outperformance: This fund has generated highest return amongst Mid Cap funds in the last 10 Years.
Chance: This fund has generated a 13.32% annual return in 70% of times for investors holding for at least 5 years.
AUM Growth: This fund has the highest AUM growth in the last 12 months in Mid Cap category.
Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit load of 1% if redeemed within 1 year.