Equity
Direct
Mid-Cap
NAV as on 07-11-2024
₹ 443.71
1D
Inception Returns
21.8%
/yr
HSBC Midcap Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Cheenu Gupta, Vihang Naik. The fund could potentially beat inflation in the long-run.
HSBC Midcap Fund Direct Growth has given a CAGR return of 21.80% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 53.37%, 24.45% and 26.24% respectively.
HSBC Midcap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Financial Services, Consumer Cyclical, Tech, Health, Real Estate, Utilities, Consumer Defensive, Basic Materials, Communication. Its top holdings are Suzlon Energy Ltd, Trent Ltd, Dixon Technologies (India) Ltd, HDFC Asset Management Co Ltd, JSW Energy Ltd
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 benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
To seek to generate long-term capital growth from an actively managed portfolio of equity and equity related securities of predominantly mid cap companies. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. HSBC Midcap Fund Direct Growth has no lock in period.
Expense ratio | 0.67% |
Benchmark | S&P BSE Midcap TR INR |
AUM | ₹12280 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 32.19% |
STCG | Redeeming before 1 year, returns taxed at 20%. |
LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
Risk | Very High Risk |
as on (07-Nov-24)
as on (30-Sep-24)
Top 3 Sectors in September were Industrial, Financial Services & Consumer Cyclical
HSBC Midcap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.36% | 2.36% |
6 Month Returns | 21.26% | 21.26% |
1 Year Returns | 53.37% | 53.37% |
3 Years Returns | 92.77% | 24.45% |
5 Years Returns | 220.67% | 26.24% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
HSBC Midcap Fund Direct Growth | 13.84 | 3.84 | 0.64 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
HSBC Midcap Fund Direct Growth | 0.79 | 0.79 | 0.84 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
HSBC Midcap Fund Direct Growth | 3 | 1.29 | 1.04 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
HSBC Midcap Fund Direct Growth | 12.92 | 13.15 | 18.8 |