HSBC Large and Mid Cap Fund

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

The HSBC Large and Mid Cap Fund is a 6 yrs 10 m old fund and has delivered average annual returns of 15.3% since inception. HSBC Large and Mid Cap Fund Returns 1-Year 3-Year 5-Year Since Inception 7.38% 19.63% 15.53% 15.3%

Q: How much does this mutual fund charge as expense ratio?

The HSBC Large and Mid Cap Fund has an expense ratio of 1.89% , 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.

NAV as of Feb 02, 2026	Returns since inception	ET Money Rank	AUM (Fund size)
₹26.4339-1.44% 1 day change	15.3% p.a.	App exclusive #NA View Ranked Funds	₹4,658 Cr

Historical NAV & returns

NAV: ₹26.4339 as on Feb 02, 2026

This fund Category average

HSBC Large and Mid Cap Fund overview

AUM (Fund size)	₹4,658 Cr
Exit load	1.0% Exit load for units in excess of 10% of the investment,1% will be charged for redemption within 1 year.!
Lock-in Period	Nil
Age	6 yrs 10 m since Mar 11, 2019
Benchmark	Nifty Large Midcap 250 TRI
Min. investment	SIP: ₹1000 & Lumpsum: ₹5000
Expense ratio	1.89% as on Feb 02, 2026
Plan type	Regular
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 Feb 03, 2026

Period	This fund	Category average
1 Month	-3.69%	-5.16%
3 Months	-4.52%	-5.36%
6 Months	-0.18%	-2.08%
1 Year	7.38%	5.53%
2 Years	11.69%	8.86%
3 Years	19.63%	17.13%
4 Years	12.96%	12.21%
5 Years	15.53%	15.56%

View returns in detail

Asset allocationas on Dec 31, 2025

Large Cap 42.7%

Mid Cap 40.03%

Small Cap 15.84%

Other Cap 0%

Top holdings

Eternal Ltd.5.1%

HDFC Bank Ltd.4.96%

FSN E-Commerce Ventures Ltd.4.25%

Larsen & Toubro Ltd.3.69%

Top sectors

Financial 30.49%

Services 16.31%

Capital Goods 11.42%

Automobile 9.49%

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 1.78%

Other Holdings

Others 1.78%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
HSBC Large and Mid Cap Fund	-3.69%	-0.18%	7.38%	19.63%	15.53%	N.A.
ICICI Prudential Large & Mid Cap Fund	-4.92%	3.34%	8.25%	20.23%	20.44%	16.62%
Bandhan Large & Mid Cap Fund	-4.96%	1.12%	9.42%	22.21%	19.21%	16.59%
UTI Large & Mid Cap Fund	-3.85%	3.11%	9.59%	21.4%	19.04%	15.42%
HDFC Large and Mid Cap Fund	-5.26%	-0.43%	7.44%	19.27%	18.9%	15.92%
Kotak Large & Midcap Fund	-3.01%	2.55%	11.95%	19.11%	17.22%	16.67%

Fund name	Std. deviation	Beta	Sharpe	Sortino
HSBC Large and Mid Cap Fund	15.51	1.01	0.9	0.93
ICICI Prudential Large & Mid Cap Fund	11.76	0.9	1.14	1.62
Bandhan Large & Mid Cap Fund	13.37	1.01	1.16	1.6
UTI Large & Mid Cap Fund	13.24	1.02	1.1	1.58
HDFC Large and Mid Cap Fund	13.86	1.08	0.93	1.38
Kotak Large & Midcap Fund	12.57	0.94	1.01	1.31

Fund name	ETM Rank	AUM	Fund age	Expense ratio
HSBC Large and Mid Cap Fund	N.A.	4,658 Cr	6 yrs 10 m	1.89%
ICICI Prudential Large & Mid Cap Fund	N.A.	27,745 Cr	27 yrs 7 m	1.63%
Bandhan Large & Mid Cap Fund	N.A.	13,636 Cr	20 yrs 7 m	1.69%
UTI Large & Mid Cap Fund	N.A.	5,635 Cr	20 yrs 6 m	1.87%
HDFC Large and Mid Cap Fund	N.A.	28,980 Cr	32 yrs	1.63%
Kotak Large & Midcap Fund	N.A.	30,039 Cr	21 yrs 6 m	1.58%

View all Large & Midcap funds

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

Alpha	4.04 vs. 5.15 Underperformed at beating benchmark
Sharpe	0.9 vs. 5.94 Poor risk-adjusted returns
Beta	1.01 vs. 0.91 More sensitive to market's ups & downs
Standard deviation	15.51 vs. 10.81 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 is a Large & MidCap mutual fund scheme from Hsbc Mutual Fund. This fund has been in existence for 6 yrs 10 m, having been launched on 11/03/2019. HSBC Large and Mid Cap Fund has ₹4,658 Crores worth of assets under management (AUM) as on 31/12/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of HSBC Large and Mid Cap Fund as of 02/02/2026 is ₹26.43. The fund has an expense ratio of 1.89%, which is higher than what most other Large & Midcap funds charge.

HSBC Large and Mid Cap Fund returns of last 1-year are 6.72%. Since launch, it has delivered 14.95% average annual returns. The fund has doubled the money invested in it every 5 yrs.
HSBC Large and Mid Cap Fund 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, Services, Capital Goods, Automobile, Consumer Discretionary sectors. It has taken less exposure in Financial, Services sectors compared to other funds in the category.
The fund's top 5 holdings are in Eternal Ltd., HDFC Bank Ltd., FSN E-Commerce Ventures Ltd., Larsen & Toubro Ltd., Bharti Airtel Ltd..

...

Fund AUM	4,658 Cr as on Dec 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	1,39,633 Cr as on Dec 31, 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.	15,969 Cr	-5.33%	21.44%
HSBC Infrastructure Fund	N.A.	2,271 Cr	4.97%	20.91%
HSBC Value Fund	N.A.	14,753 Cr	11.03%	19.96%
HSBC Midcap Fund	N.A.	12,440 Cr	11.03%	18.97%
HSBC Business Cycles Fund	N.A.	1,137 Cr	2.91%	16.72%

See all Equity funds from this AMC

Frequently asked questions

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

The current Net Asset Value (NAV) of the HSBC Large and Mid Cap Fund plan is approximately ₹26.4339 as of Feb 02, 2026.

What are the returns of this mutual fund scheme?

The HSBC Large and Mid Cap Fund is a 6 yrs 10 m old fund and has delivered average annual returns of 15.3% since inception.

HSBC Large and Mid Cap Fund Returns

1-Year	3-Year	5-Year	Since Inception
7.38%	19.63%	15.53%	15.3%

How much does this mutual fund charge as expense ratio?

The HSBC Large and Mid Cap Fund has an expense ratio of 1.89%, 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 4,658 Cr as on Dec 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.	5.1%
HDFC Bank Ltd.	4.96%
FSN E-Commerce Ventures Ltd.	4.25%
Larsen & Toubro Ltd.	3.69%
Bharti Airtel Ltd.	3.37%
Bajaj Finance Ltd.	3.0%
Ashok Leyland Ltd.	2.95%
GE Vernova T&D India Ltd	2.95%
Billionbrains Garage Ventures Ltd.	2.89%
PB Fintech Ltd.	2.86%

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	30.49%
Services	16.31%
Capital Goods	11.42%
Automobile	9.49%
Consumer Discretionary	6.369999999999999%
Communication	6.2299999999999995%
Healthcare	4.779999999999999%
Technology	4.14%
Construction	3.69%
Energy	1.61%

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 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

Volatility Protection: This fund ranks lower in terms of protecting against volatility within its category.
Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit load for units in excess of 10% of the investment,1% will be charged for redemption within 1 year.