HSBC Midcap Fund-Growth

Q: What are the returns of HSBC Midcap Fund?

The HSBC Midcap Fund is a 21 yrs 2 m old fund and has delivered average annual returns of 18.89% since inception. HSBC Midcap Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception -0.46% 23.06% 24.0% 16.37% 18.89%

NAV as of Sep 03, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹391.6023+0.82% 1 day change	18.89% p.a.	App exclusive #NA View Ranked Funds	₹11,470 Cr

Historical NAV & returns

NAV: ₹391.6023 as on Sep 03, 2025

This fund Category average

HSBC Midcap Fund overview

Expense ratio	1.72% as on Aug 31, 2025
Plan type	Regular
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)	₹11,470 Cr
Lock-in Period	Nil
Age	21 yrs 2 m since Jun 25, 2004
Benchmark	NIFTY Midcap 150 TRI
Min. investment	SIP: ₹500 & 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 Midcap 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 Sep 04, 2025

Period	This fund	Category average
1 Month	0.89%	0.74%
3 Months	3.67%	2.08%
6 Months	24.15%	19.77%
1 Year	-0.46%	-1.64%
2 Years	24.94%	20.66%
3 Years	23.06%	20.27%
4 Years	17.33%	16.8%
5 Years	24.0%	25.85%
7 Years	15.59%	17.62%
10 Years	16.37%	16.39%

Asset allocationas on May 31, 2025

Large Cap 17.87%

Mid Cap 66.93%

Small Cap 13.75%

Other Cap 0%

Top holdings

BSE Ltd.4.65%

Max Healthcare Institute Ltd.4.27%

Dixon Technologies (India) Ltd.3.9%

Eternal Ltd.3.66%

Top sectors

Capital Goods 22.930000000000003%

Services 22.83%

Financial 13.17%

Healthcare 12.429999999999996%

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

Bifurcation by Instrument is not available for this fund

Other Holdings

Others 1.57%

Detailed portfolio analysis

Peer comparison

Fund name	ETM Rank	AUM	Fund age	Expense ratio
HSBC Midcap Fund	N.A.	11,470 Cr	21 yrs 2 m	1.72%
Motilal Oswal Midcap Fund	N.A.	30,401 Cr	11 yrs 7 m	1.55%
Nippon India Growth Mid Cap Fund	N.A.	36,836 Cr	29 yrs 11 m	1.55%
HDFC Mid Cap Fund	N.A.	79,718 Cr	18 yrs 4 m	1.35%
Edelweiss Mid Cap Fund	N.A.	10,028 Cr	17 yrs 9 m	1.68%
Kotak Midcap Fund	N.A.	53,464 Cr	18 yrs 6 m	1.4%

Fund name	1M	6M	1Y	3Y	5Y	10Y
HSBC Midcap Fund	0.89%	24.15%	-0.46%	23.06%	24.0%	16.37%
Motilal Oswal Midcap Fund	2.18%	18.46%	1.93%	28.07%	33.79%	18.22%
Nippon India Growth Mid Cap Fund	0.83%	19.8%	0.02%	24.03%	28.92%	18.25%
HDFC Mid Cap Fund	0.48%	19.22%	1.52%	24.93%	28.91%	18.14%
Edelweiss Mid Cap Fund	1.09%	20.77%	1.06%	23.61%	29.22%	18.23%
Kotak Midcap Fund	0.77%	24.27%	1.65%	20.8%	27.65%	18.36%

Fund name	Std. deviation	Beta	Sharpe	Sortino
HSBC Midcap Fund	16.88	0.99	0.92	1.02
Motilal Oswal Midcap Fund	17.4	0.89	1.12	1.36
Nippon India Growth Mid Cap Fund	15.5	0.96	1.04	1.55
HDFC Mid Cap Fund	13.84	0.85	1.21	1.76
Edelweiss Mid Cap Fund	15.59	0.94	1.01	1.35
Kotak Midcap Fund	15.11	0.89	0.9	1.14

View all Mid Cap funds

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

Alpha	1.31 vs. 4.88 Underperformed at beating benchmark
Sharpe	0.92 vs. 5.29 Poor risk-adjusted returns
Beta	0.99 vs. 0.85 More sensitive to market's ups & downs
Standard deviation	16.88 vs. 12.96 More volatile performance

Compare HSBC Midcap Fund in detail with

About this fund

About HSBC Midcap Fund

HSBC Midcap Fund-Growth is a Mid Cap mutual fund scheme from Hsbc Mutual Fund. This fund has been in existence for 21 yrs 2 m, having been launched on 25/06/2004. HSBC Midcap Fund-Growth has ₹11,470 Crores worth of assets under management (AUM) as on 31/05/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of HSBC Midcap Fund-Growth as of 03/09/2025 is ₹391.60. The fund has an expense ratio of 1.72%, which is higher than what most other Mid Cap funds charge.

HSBC Midcap Fund-Growth returns of last 1-year are -0.29%. Since launch, it has delivered 18.96% average annual returns. The fund has doubled the money invested in it every 4 yrs.
HSBC Midcap Fund-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 Capital Goods, Services, Financial, Healthcare, Consumer Discretionary sectors. It has taken less exposure in Capital Goods, Services sectors compared to other funds in the category.
The fund's top 5 holdings are in BSE Ltd., Max Healthcare Institute Ltd., Dixon Technologies (India) Ltd., Eternal Ltd., Jubilant FoodWorks Ltd..

...

Fund AUM	11,470 Cr as on May 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 to generate long-term capital growth from an actively managed portfolio of equity and equity related securities of predominantly mid cap companies.

HSBC Mutual Fund details

No. of schemes	44 view all schemes
Total AUM	1,29,985 Cr as on Jun 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.	14,493 Cr	-8.47%	30.15%
HSBC Infrastructure Fund	N.A.	2,229 Cr	-9.79%	28.66%
HSBC Value Fund	N.A.	12,600 Cr	-1.33%	25.92%
HSBC Business Cycles Fund	N.A.	967 Cr	-1.53%	24.72%
HSBC Large and Mid Cap Fund	N.A.	3,769 Cr	-1.65%	22.23%

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of HSBC Midcap Fund?

The current Net Asset Value (NAV) of the HSBC Midcap Fund - Direct Growth plan is approximately ₹391.6023 as of Sep 03, 2025.

What are the returns of this mutual fund scheme?

The HSBC Midcap Fund is a 21 yrs 2 m old fund and has delivered average annual returns of 18.89% since inception.

HSBC Midcap Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
-0.46%	23.06%	24.0%	16.37%	18.89%

How much does this mutual fund charge as expense ratio?

The HSBC Midcap Fund - Direct Growth has an expense ratio of 1.72%, 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 HSBC Midcap Fund currently has assets under management (AUM) or fund size valued at approximately 11,470 Cr as on May 31, 2025.

What are the top stock holdings of HSBC Midcap Fund?

The HSBC Midcap Fund has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
BSE Ltd.	4.65%
Max Healthcare Institute Ltd.	4.27%
Dixon Technologies (India) Ltd.	3.9%
Eternal Ltd.	3.66%
Jubilant FoodWorks Ltd.	3.57%
GE Vernova T&D India Ltd.	3.5%
Nippon Life India Asset Management Ltd.	3.35%
Trent Ltd.	3.35%
Godfrey Phillips India Ltd.	2.84%
Persistent Systems Ltd.	2.82%

What are the top sectors HSBC Midcap Fund has invested in?

The HSBC Midcap Fund has primarily invested in the following sectors

Sector	Percentage of Portfolio
Capital Goods	22.930000000000003%
Services	22.83%
Financial	13.17%
Healthcare	12.429999999999996%
Consumer Discretionary	5.92%
Technology	5.489999999999999%
Consumer Staples	5.22%
Automobile	4.74%
Communication	1.89%
Energy	1.62%

What is risk level of HSBC Midcap 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 HSBC Midcap Fund?

HSBC Midcap Fund-Growth is the regular plan of the fund. For this plan of you pay 1.72% as annual charges. On the other hand if you go for the direct plan available on ET Money, you pay 0.65%. That's 1.0699999999999998% less.

Regular plans charge more because when you buy them, the fund pays commission to the agent. This is an additional expense for the fund and to cover this expense, the fund takes a bigger share from the returns generated by your investments.

So, the lower annual cost of the direct plan means you will earn 1.0699999999999998% if you opt for direct plan of HSBC Midcap Fund

How can I redeem my investments in HSBC Midcap Fund?

Redeeming your investments in HSBC Midcap 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 HSBC Midcap Fund from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Mid Cap

#NA

Return Outperformance: This fund has generated highest return amongst Mid Cap funds in the last 10 Years.
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.