HDFC Mid-Cap Opportunities Fund -Direct Plan Reinvestment of Income Distribution cum Cptl Wdrl Opt

Equity
Direct
Mid-Cap
HDFC Mid-Cap Opportunities Fund -Direct Plan Reinvestment of Income Distribution cum Cptl Wdrl Opt

About the Fund

HDFC Mid-Cap Opportunities Fund -Direct Plan Reinvestment of Income Distribution cum Cptl Wdrl Opt is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Chirag Setalvad. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. HDFC Mid-Cap Opportunities Fund -Direct Plan Reinvestment of Income Distribution cum Cptl Wdrl Opt has ₹65394 Cr worth of assets under management (AUM) as on Jun 2024 and is more than category average.
  2. The fund has an expense ratio 0.8.

Returns

HDFC Mid-Cap Opportunities Fund -Direct Plan Reinvestment of Income Distribution cum Cptl Wdrl Opt has given a CAGR return of 22.66% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 53.38%, 30.69% and 28.94% respectively.

Holdings

HDFC Mid-Cap Opportunities Fund -Direct Plan Reinvestment of Income Distribution cum Cptl Wdrl Opt has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Health, Tech, Basic Materials, Communication, Energy, Consumer Defensive, Utilities. Its top holdings are Indian Hotels Co Ltd, Apollo Tyres Ltd, Max Financial Services Ltd, The Federal Bank Ltd, Balkrishna Industries Ltd

Taxation

As it is a mid-cap mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

Investment objective of HDFC Mid-Cap Opportunities Fund -Direct Plan Reinvestment of Income Distribution cum Cptl Wdrl Opt

To provide long-term capital appreciation/income by investing predominantly in Mid-Cap companies. There is no assurance that the investment objective of the Scheme will be realized.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 0.00. HDFC Mid-Cap Opportunities Fund -Direct Plan Reinvestment of Income Distribution cum Cptl Wdrl Opt has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
111 people have invested ₹ 56.9L in HDFC Mid-Cap Opportunities Fund -Direct Plan Reinvestment of Income Distribution cum Cptl Wdrl Opt in the last three months

Fund Overview

Expense ratio0.76%
Benchmark
S&P BSE Midcap TR INR
AUM₹65394 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹100/--
Exit Load
1%
Lock InNo Lock-in
TurnOver
14.12%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (30-Jun-24)

  • Equity 93.8%

  • Debt & Cash 6.3%

Mid cap
69.9%

Small cap
14.1%

Large cap
9.7%

Sector Allocation

May'24

Apr'24

Mar'24

Financial Services
26%
Consumer Cyclical
18.1%
Industrial
14.6%
Health
12.5%
Tech
10.6%
Basic Materials
9.4%
Communication
4.2%
Energy
2.9%
Consumer Defensive
1.5%
Utilities
0.2%
All changes are between Apr'24 and Jun'24

Returns for the month of Jun

  • Gainers

  • Losers

Chirag Setalvad
Chirag Setalvad
Fund Manager of HDFC Mid-Cap Opportunities Fund -Direct Plan Reinvestment of Income Distribution cum Cptl Wdrl Opt, since 25 June 2007

HDFC Mid-Cap Opportunities Fund -Direct Plan Reinvestment of Income Distribution cum Cptl Wdrl Opt Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 22.66% since inception which is more than its category average return of 20.73%
Fund Allocations

Fund Allocations

This fund has an allocation of 93.75% in Equity, 0% in Debt and 6.25% in Cash related instruments
AUM size ₹65394 Cr

AUM size ₹65394 Cr

This fund has AUM of ₹65394 Cr which is more than its category average of ₹ 8621 Cr
Expense Ratio 0.76%

Expense Ratio 0.76%

This fund has an expense ratio of 0.76% which is less than its category average expense ratio of 1.37%

Frequently Asked Questions

The current NAV of HDFC Mid-Cap Opportunities Fund -Direct Plan Reinvestment of Income Distribution cum Cptl Wdrl Opt is ₹81.58 as on 12-Jul-2024.
Existing (Absolute + CAGR) as on 12-Jul-2024.
HDFC Mid-Cap Opportunities Fund -Direct Plan Reinvestment of Income Distribution cum Cptl Wdrl Opt
Absolute Returns
CAGR Returns
1 Month Returns
5.3%
5.3%
6 Month Returns
22.33%
22.33%
1 Year Returns
53.38%
53.38%
3 Years Returns
123.21%
30.69%
5 Years Returns
256.46%
28.94%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.76% as on June 2024
₹65394 Cr as on June 2024
Indian Hotels Co Ltd(4.12%), Apollo Tyres Ltd(3.22%), Max Financial Services Ltd(3.2%), The Federal Bank Ltd(3.11%), Balkrishna Industries Ltd(3.1%) as on June 2024
Financial Services(23.1%), Consumer Cyclical(17.27%), Industrial(13.49%) as on June 2024
The alpha ratio for the HDFC Mid-Cap Opportunities Fund -Direct Plan Reinvestment of Income Distribution cum Cptl Wdrl Opt for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
HDFC Mid-Cap Opportunities Fund -Direct Plan Reinvestment of Income Distribution cum Cptl Wdrl Opt
5.17
4.7
1.14
As on June 2024
The alpha for HDFC Mid-Cap Opportunities Fund -Direct Plan Reinvestment of Income Distribution cum Cptl Wdrl Opt is calculated against S&P BSE Midcap TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the HDFC Mid-Cap Opportunities Fund -Direct Plan Reinvestment of Income Distribution cum Cptl Wdrl Opt for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
HDFC Mid-Cap Opportunities Fund -Direct Plan Reinvestment of Income Distribution cum Cptl Wdrl Opt
0.78
0.85
0.92
As on June 2024
The Beta for HDFC Mid-Cap Opportunities Fund -Direct Plan Reinvestment of Income Distribution cum Cptl Wdrl Opt is calculated with S&P BSE Midcap TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the HDFC Mid-Cap Opportunities Fund -Direct Plan Reinvestment of Income Distribution cum Cptl Wdrl Opt for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
HDFC Mid-Cap Opportunities Fund -Direct Plan Reinvestment of Income Distribution cum Cptl Wdrl Opt
3.34
1.69
1.05
As on June 2024
The sharpe ratio for HDFC Mid-Cap Opportunities Fund -Direct Plan Reinvestment of Income Distribution cum Cptl Wdrl Opt is calculated with S&P BSE Midcap TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the HDFC Mid-Cap Opportunities Fund -Direct Plan Reinvestment of Income Distribution cum Cptl Wdrl Opt for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
HDFC Mid-Cap Opportunities Fund -Direct Plan Reinvestment of Income Distribution cum Cptl Wdrl Opt
10.83
13.21
20.67
As on June 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 3.66 as on June 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.64 as on June 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Chirag Setalvad is the fund manager of HDFC Mid-Cap Opportunities Fund -Direct Plan Reinvestment of Income Distribution cum Cptl Wdrl Opt
The Exit load of HDFC Mid-Cap Opportunities Fund -Direct Plan Reinvestment of Income Distribution cum Cptl Wdrl Opt is 1%