HSBC Large and Mid Cap Fund Direct - Growth

Q: What are the returns of this mutual fund scheme?

The HSBC Large and Mid Cap Fund Direct - Growth is a 6 yrs 9 m old fund and has delivered average annual returns of 17.72% since inception. HSBC Large and Mid Cap Fund Direct - Growth Returns 1-Year 3-Year 5-Year Since Inception -0.67% 20.57% 20.74% 17.72%

NAV as of Dec 04, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹29.7735-0.51% 1 day change	17.72% p.a.	App exclusive #NA View Ranked Funds	₹4,613 Cr

Historical NAV & returns

NAV: ₹29.7735 as on Dec 04, 2025

This fund Category average

HSBC Large and Mid Cap Fund overview

Expense ratio	0.81% as on Nov 30, 2025
Exit load	1.0% Exit load for units in excess of 10% of the investment,1% will be charged for redemption within 1 year.!
AUM (Fund size)	₹4,613 Cr
Lock-in Period	Nil
Age	6 yrs 9 m since Mar 11, 2019
Benchmark	Nifty Large Midcap 250 TRI
Min. investment	SIP: ₹1000 & Lumpsum: ₹5000
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%

HSBC Large and 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 Dec 03, 2025

Period	This fund	Category average
1 Month	-0.69%	0.59%
3 Months	2.54%	2.98%
6 Months	7.14%	3.66%
1 Year	-0.67%	2.8%
2 Years	18.48%	16.66%
3 Years	20.57%	18.4%
4 Years	16.3%	16.11%
5 Years	20.74%	20.44%

View returns in detail

Asset allocationas on Oct 31, 2025

Large Cap 41.99%

Mid Cap 41.27%

Small Cap 12.97%

Other Cap 0%

Top holdings

Eternal Ltd.5.89%

HDFC Bank Ltd.5.48%

GE Vernova T&D India Ltd3.38%

Bharti Airtel Ltd.3.32%

Top sectors

Financial 27.53%

Capital Goods 17.960000000000004%

Services 16.38%

Healthcare 8.559999999999999%

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 3.73%

Net Current Assets 0.05%

Other Holdings

Others 0.05%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
HSBC Large and Mid Cap Fund	-0.69%	7.14%	-0.67%	20.57%	20.74%	N.A.
ICICI Prudential Large & Mid Cap Fund	0.61%	7.34%	11.19%	21.4%	25.23%	17.47%
Bandhan Large & Mid Cap Fund	0.33%	8.2%	7.59%	24.02%	24.34%	18.07%
Kotak Large & Midcap Fund	0.01%	6.97%	4.46%	19.57%	21.04%	17.28%
HDFC Large and Mid Cap Fund	-0.61%	6.45%	5.23%	20.04%	23.9%	15.74%
Motilal Oswal Large and Midcap Fund	-2.67%	3.61%	2.73%	26.63%	26.57%	13.89%

Fund name	Std. deviation	Beta	Sharpe	Sortino
HSBC Large and Mid Cap Fund	15.69	1.0	0.9	0.95
ICICI Prudential Large & Mid Cap Fund	11.69	0.87	1.22	1.77
Bandhan Large & Mid Cap Fund	13.32	0.98	1.25	1.74
Kotak Large & Midcap Fund	12.78	0.94	1.01	1.37
HDFC Large and Mid Cap Fund	13.88	1.05	0.97	1.45
Motilal Oswal Large and Midcap Fund	18.49	1.13	1.06	1.2

Fund name	ETM Rank	AUM	Fund age	Expense ratio
HSBC Large and Mid Cap Fund	N.A.	4,613 Cr	6 yrs 9 m	0.81%
ICICI Prudential Large & Mid Cap Fund	N.A.	25,753 Cr	12 yrs 11 m	0.77%
Bandhan Large & Mid Cap Fund	N.A.	11,799 Cr	12 yrs 11 m	0.56%
Kotak Large & Midcap Fund	N.A.	29,516 Cr	12 yrs 11 m	0.55%
HDFC Large and Mid Cap Fund	N.A.	28,487 Cr	12 yrs 11 m	0.84%
Motilal Oswal Large and Midcap Fund	N.A.	14,870 Cr	6 yrs 2 m	0.69%

View all Large & Midcap funds

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

Alpha	5.58 vs. 5.8 Underperformed at beating benchmark
Sharpe	0.9 vs. 6.67 Poor risk-adjusted returns
Beta	1.0 vs. 0.93 More sensitive to market's ups & downs
Standard deviation	15.69 vs. 10.87 More volatile performance

Compare HSBC Large and Mid Cap Fund in detail with

About this fund

About HSBC Large and Mid Cap Fund

HSBC Large and Mid Cap Fund Direct - Growth is a Large & MidCap mutual fund scheme from Hsbc Mutual Fund. This fund has been in existence for 6 yrs 9 m, having been launched on 11/03/2019. HSBC Large and Mid Cap Fund Direct - Growth has ₹4,613 Crores worth of assets under management (AUM) as on 31/10/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of HSBC Large and Mid Cap Fund Direct - Growth as of 04/12/2025 is ₹29.77. The fund has an expense ratio of 0.81%, which is higher than what most other Large & Midcap funds charge.

HSBC Large and Mid Cap Fund Direct - Growth returns of last 1-year are -3.06%. Since launch, it has delivered 16.76% average annual returns. The fund has doubled the money invested in it every 4 yrs.
HSBC Large and Mid Cap Fund Direct - Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is below average.
The fund has the majority of its money invested in Financial, Capital Goods, Services, Healthcare, Automobile sectors. It has taken less exposure in Financial, Capital Goods sectors compared to other funds in the category.
The fund's top 5 holdings are in Eternal Ltd., HDFC Bank Ltd., GE Vernova T&D India Ltd, Bharti Airtel Ltd., Bajaj Finance Ltd..

...

Fund AUM	4,613 Cr as on Oct 31, 2025
Scheme document	View Scheme Document

Fund managers

Cheenu Gupta

Ms. Gupta is CFA Charter holder (USA), PGDBM (Finance) & B.E. (I.T) Prior to joining HSBC Mutual Fund, she has worked with L&T Mutual Fund, Canara Robeco Mutual Fund, Tata AIA Life Insurance Company as Fund Manager, ING Investment Management as Senior Research Analyst and UTI AMC Ltd. as Research Analyst.

Investment objective

The scheme seeks long term capital growth through investments in both large cap and mid cap stocks.

HSBC Mutual Fund details

No. of schemes	44 view all schemes
Total AUM	1,36,405 Cr as on Sep 30, 2025
Address	9-11th Floor, NESCO - IT Park Bldg. 3, Western Express Highway, Goregaon East, Mumbai, 400063

More funds from HSBC Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
HSBC Small Cap Fund	N.A.	16,548 Cr	-10.77%	27.03%
HSBC Infrastructure Fund	N.A.	2,372 Cr	-7.08%	26.91%
HSBC Value Fund	N.A.	14,342 Cr	4.13%	24.61%
HSBC Midcap Fund	N.A.	12,370 Cr	2.5%	22.87%
HSBC Business Cycles Fund	N.A.	1,161 Cr	-3.02%	22.17%

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of HSBC Large and Mid Cap Fund Direct - Growth?

The current Net Asset Value (NAV) of the HSBC Large and Mid Cap Fund - Direct Growth plan is approximately ₹29.7735 as of Dec 04, 2025.

What are the returns of this mutual fund scheme?

The HSBC Large and Mid Cap Fund Direct - Growth is a 6 yrs 9 m old fund and has delivered average annual returns of 17.72% since inception.

HSBC Large and Mid Cap Fund Direct - Growth Returns

1-Year	3-Year	5-Year	Since Inception
-0.67%	20.57%	20.74%	17.72%

How much does this mutual fund charge as expense ratio?

The HSBC Large and Mid Cap Fund - Direct Growth has an expense ratio of 0.81%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

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

The HSBC Large and Mid Cap Fund currently has assets under management (AUM) or fund size valued at approximately 4,613 Cr as on Oct 31, 2025.

What are the top stock holdings of HSBC Large and Mid Cap Fund?

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

Company	Percentage of Portfolio
Eternal Ltd.	5.89%
HDFC Bank Ltd.	5.48%
GE Vernova T&D India Ltd	3.38%
Bharti Airtel Ltd.	3.32%
Bajaj Finance Ltd.	3.2%
FSN E-Commerce Ventures Ltd.	3.17%
Coforge Ltd.	3.12%
Larsen & Toubro Ltd.	2.84%
CG Power and Industrial Solutions Ltd.	2.63%
Max Healthcare Institute Ltd.	2.57%

What are the top sectors HSBC Large and Mid Cap Fund has invested in?

The HSBC Large and Mid Cap Fund has primarily invested in the following sectors

Sector	Percentage of Portfolio
Financial	27.53%
Capital Goods	17.960000000000004%
Services	16.38%
Healthcare	8.559999999999999%
Automobile	8.35%
Technology	5.5%
Communication	5.35%
Construction	2.84%
Consumer Discretionary	1.79%
Consumer Staples	1.72%

What is risk level of HSBC Large and Mid Cap Fund?

This is a Large & Midcap 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 HSBC Large and Mid Cap Fund Direct - Growth?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. The whole process takes just a few minutes. Here's how it works:

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 HSBC Large and Mid Cap Fund - Direct Growth, select your investment mode (lump sum or SIP), and enter the investment amount.
Provide the required details, including the bank account you'll use for payment, and confirm your investment.

That's it. Your investment in the HSBC Large and Mid Cap Fund is complete.

How can I redeem my investments in HSBC Large and Mid Cap Fund?

Redeeming your investments in the HSBC Large and Mid Cap Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

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

ET Money rank

App exclusive

in Large & MidCap

#NA

Return Outperformance: This fund has generated highest return amongst Large & MidCap funds in the last 5 Years.
AUM Growth: This fund has the highest AUM growth in the last 12 months in Large & MidCap category.
Return/Risk: For every unit of risk this fund takes, it produces 20% more returns.
Volatility Protection: This fund ranks lower in terms of protecting against volatility within its category.
Exit Load: Exit load for units in excess of 10% of the investment,1% will be charged for redemption within 1 year.