HSBC Midcap Fund Direct-Growth

Q: What are the returns of HSBC Midcap Fund?

The HSBC Midcap Fund is a 12 yrs 3 m old fund and has delivered average annual returns of 19.88% since inception. HSBC Midcap Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 10.14% 22.47% 28.75% 16.78% 19.88%

NAV as of Apr 23, 2025	Returns since inception	ET Money Rank	VRO Ratings
₹400.6404+0.82% 1 day change	19.88% p.a.	#NA View Ranked Funds	3

Historical NAV & returns

NAV: ₹400.6404 as on Apr 23, 2025

This fund Category average

HSBC Midcap Fund overview

VRO rating	3
Expense ratio	0.69% as on Mar 31, 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)	₹10,362 Crs
Lock-in	No Lockin
Age	12 yrs 3 m since Jan 01, 2013
Benchmark	NIFTY Midcap 150 TRI
Min. investment	SIP ₹500 & Lump. ₹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, pay tax of 12.5% on returns of ₹1.25 lakh+ in a financial year

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 Apr 24, 2025

Period	This fund	Category average
1 month	4.18%	3.02%
3 months	0.13%	1.69%
6 months	-8.06%	-5.01%
1 year	10.14%	11.66%
3 years	22.47%	21.52%
5 years	28.75%	32.06%
7 years	14.61%	17.52%
10 years	16.78%	16.96%

Asset allocationas on Mar 31, 2025

Large Cap 18.25395%

Mid Cap 65.67475200000001%

Small Cap 14.741297999999999%

Other Cap 0.0%

Top holdings

Max Healthcare Institute Ltd.4.61%

Persistent Systems Ltd.4.4%

BSE Ltd.4.23%

Dixon Technologies (India) Ltd.3.88%

Top sectors

Capital Goods 22.68%

Services 20.330000000000002%

Healthcare 13.27%

Technology 9.63%

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 1.24%

Net Current Assets 0.12%

Other Holdings

Others 0.12%

Peer comparison

Fund name	ETM Rank	AUM (in Crs.)	Fund age	Expense ratio
HSBC Midcap Fund	N.A.	₹10,362 Crs	12 yrs 3 m	0.69%
Motilal Oswal Midcap Fund	N.A.	₹26,028 Crs	11 yrs 2 m	0.64%
Nippon India Growth Fund	N.A.	₹33,175 Crs	12 yrs 3 m	0.74%
HDFC Mid-Cap Opportunities Fund	N.A.	₹72,610 Crs	12 yrs 3 m	0.89%
Quant Mid Cap Fund	N.A.	₹8,356 Crs	12 yrs 3 m	0.63%
Kotak Emerging Equity Fund	N.A.	₹48,129 Crs	12 yrs 3 m	0.46%

Fund name	1M	6M	1Y	3Y	5Y	10Y
HSBC Midcap Fund	4.18%	-8.06%	10.14%	22.47%	28.75%	16.78%
Motilal Oswal Midcap Fund	1.94%	-9.88%	16.46%	28.66%	39.31%	19.15%
Nippon India Growth Fund	4.11%	-3.73%	15.31%	25.58%	35.18%	18.49%
HDFC Mid-Cap Opportunities Fund	2.26%	-2.93%	12.3%	26.24%	34.83%	18.22%
Quant Mid Cap Fund	3.29%	-5.96%	-3.24%	21.49%	36.54%	17.89%
Kotak Emerging Equity Fund	2.38%	-6.31%	15.01%	20.88%	32.53%	18.56%

Fund name	Std. deviation	Beta	Sharpe	Sortino
HSBC Midcap Fund	17.46	0.94	0.78	0.91
Motilal Oswal Midcap Fund	18.77	0.9	1.12	1.43
Nippon India Growth Fund	16.69	0.94	0.99	1.51
HDFC Mid-Cap Opportunities Fund	15.54	0.88	1.12	1.69
Quant Mid Cap Fund	18.18	0.97	0.71	1.04
Kotak Emerging Equity Fund	16.46	0.91	0.8	1.06

View all Mid Cap funds

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

Alpha	0.56 vs. 5.73 Underperformed at beating benchmark
Sharpe	0.78 vs. 6.06 Poor risk-adjusted returns
Beta	0.94 vs. 0.88 More sensitive to market's ups & downs
Standard deviation	17.46 vs. 13.95 More volatile performance

Compare HSBC Midcap Fund in detail with

About this fund

About HSBC Midcap Fund

HSBC Midcap Fund Direct-Growth is a Mid Cap mutual fund scheme from Hsbc Mutual Fund. This fund has been in existence for 12 yrs 3 m, having been launched on 01/01/2013. HSBC Midcap Fund Direct-Growth has ₹10,362 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 HSBC Midcap Fund Direct-Growth as of 23/04/2025 is ₹400.64. The fund has an expense ratio of 0.69%, which is close to what most other Mid Cap funds charge.

HSBC Midcap Fund Direct-Growth returns of last 1-year are 10.73%. Since launch, it has delivered 19.89% average annual returns. The fund has doubled the money invested in it every 3 yrs.
HSBC Midcap 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 Capital Goods, Services, Healthcare, Technology, Financial 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 Max Healthcare Institute Ltd., Persistent Systems Ltd., BSE Ltd., Dixon Technologies (India) Ltd., The Indian Hotels Company Ltd..

...

Fund AUM	₹10,362 Crs as on Mar 31, 2025
Scheme document	View Scheme Document

Fund managers

Venugopal Manghat

Mr. Manghat is a B.Sc (Mathematics) and MBA (Finance). Prior to joining HSBC Mutual Fund, he has worked with L&T Mutual Fund, Tata Asset Management Ltd.

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	42 view all schemes
Total AUM	₹1,24,514 Crs as on Mar 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 (in Crs.)	1Y	5Y
HSBC Small Cap Fund	N.A.	₹14,493 Crs	3.48%	37.6%
HSBC Infrastructure Fund	N.A.	₹2,229 Crs	5.37%	33.18%
HSBC Value Fund	N.A.	₹12,600 Crs	10.95%	32.1%
HSBC Business Cycles Fund	N.A.	₹967 Crs	12.74%	30.37%
HSBC Large and Mid Cap Fund	N.A.	₹3,769 Crs	8.12%	26.65%

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 ₹400.6404 as of Apr 23, 2025.

What are the returns of this mutual fund scheme?

The HSBC Midcap Fund is a 12 yrs 3 m old fund and has delivered average annual returns of 19.88% since inception.

HSBC Midcap Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
10.14%	22.47%	28.75%	16.78%	19.88%

How much does this mutual fund charge as expense ratio?

The HSBC Midcap Fund - Direct Growth has an expense ratio of 0.69%, 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 ₹10,362 Crs crore as of Mar 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
Max Healthcare Institute Ltd.	4.61%
Persistent Systems Ltd.	4.4%
BSE Ltd.	4.23%
Dixon Technologies (India) Ltd.	3.88%
The Indian Hotels Company Ltd.	3.63%
Trent Ltd.	3.5%
The Federal Bank Ltd.	3.5%
Coforge Ltd.	3.44%
Lupin Ltd.	3.44%
Eternal Ltd.	3.43%

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	22.68%
Services	20.330000000000002%
Healthcare	13.27%
Technology	9.63%
Financial	7.8199999999999985%
Consumer Discretionary	7.800000000000001%
Consumer Staples	4.9%
Automobile	4.79%
Energy	2.1%
Communication	1.67%

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?

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 HSBC Midcap 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 HSBC Midcap Fund is complete.

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

in Mid Cap

#NA

Return Outperformance: This fund has generated highest return amongst Mid Cap funds in the last 10 Years.
Return/Risk: For every unit of risk this fund takes, it produces 20% more returns.
Return Consistency: This fund ranks lower in terms of generating consistent return in it's category.
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.