HSBC Midcap Fund Direct Plan Payout of Income Distribution cum Cap Wrdl

HSBC Midcap Fund Direct Plan Payout of Income Distribution cum Cap Wrdl is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Sonal Gupta, Cheenu Gupta. The fund could potentially beat inflation in the long-run.

1. HSBC Midcap Fund Direct Plan Payout of Income Distribution cum Cap Wrdl has ₹12549 Cr worth of assets under management (AUM) as on Dec 2025 and is more than category average.
2. The fund has an expense ratio 0.6.
   

HSBC Midcap Fund Direct Plan Payout of Income Distribution cum Cap Wrdl has given a CAGR return of 19.37% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of -3.41%, 23.96% and 21.63% respectively.

HSBC Midcap Fund Direct Plan Payout of Income Distribution cum Cap Wrdl has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Tech, Health, Consumer Defensive, Communication, Corporate, Basic Materials, Utilities, Real Estate. Its top holdings are FSN E-Commerce Ventures Ltd, Eternal Ltd, Ashok Leyland Ltd, GE Vernova T&D India Ltd, PB Fintech 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 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

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 Plan Payout of Income Distribution cum Cap Wrdl has no lock in period.