HSBC Midcap Fund Direct Growth

HSBC Midcap Fund Direct Growth

Equity

HSBC Mutual Fund

Mid-Cap

Get the latest NAV of HSBC Midcap Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹406.13

▲4.2%1D

NAV as on 12 May 2025

19.95%/per year

Since Inception

Absolute Gain%

▲▼

3808 people have invested ₹ 2.4Cr in HSBC Midcap Fund Direct Growth in the last three months

HSBC Midcap Fund Performance vs. Nifty Midcap 150

Fund returns vs Benchmark returns vs Category Average returns as on (12-May-25)

The fund has outperformed the benchmark (Nifty Midcap 150) over 1Y, 3Y, but underperformed over 5Y.

Period
This Fund
Nifty Midcap 150
Category Avg
1 Month
10.58%
9.23%
8.75%
3 Months
8.87%
8.34%
7.25%
6 Months
-5.69%
-1.11%
-2.76%
1 Year
11.53%
10.36%
11.01%
3 Years
26.84%
26.42%
25.21%
5 Years
28.93%
32.98%
30.93%

HSBC Midcap Fund Ranking and Peer Comparison

Ranked based on performance, risk management and cost efficiency

14
/19
46% Performance
31% Risk Management
68% Cost

Ranked 14 out of 19 mutual funds in the mid-cap category as per INDmoney.

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
Inception Returns
HSBC Midcap Fund
14/19
10,362Cr
0.7%
11.53%
26.84%
19.95%
HDFC Mid Cap Opportunities Fund Direct Growth
2/19
72,610Cr
0.89%
13.84%
30.95%
21.06%
Motilal Oswal Midcap Fund Direct Growth
3/19
27,780Cr
0.68%
21.51%
34.04%
24.11%
Nippon India Growth Fund Direct Growth
4/19
34,690Cr
0.8%
14.76%
29.45%
18.83%
See all
img
Beats FD returns for both 3Y & 5Y
img
Poor track record of Recovering losses quickly
img
5Y returns in the bottom 25% of the category

HSBC Midcap Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit

Total Corpus

0

Absolute Return
▲
▼

HSBC Midcap Fund Asset Allocation

as on (31-Mar-25)

Fund Distribution

as on (31-Mar-25)

Equity 98.8%

Debt & Cash 1.2%

Mid cap
65.7%
Large cap
18.2%
Small cap
14.7%
Mid Cap allocation has gone down from 66.1% to 65.7%
Mid Cap allocation has gone down from 66.1% to 65.7%
Large Cap allocation has gone up from 17.5% to 18.2%
Large Cap allocation has gone up from 17.5% to 18.2%
Small Cap allocation has gone up from 13.9% to 14.7%
Small Cap allocation has gone up from 13.9% to 14.7%
Cash allocation has gone down from 2.5% to 1.3%
Cash allocation has gone down from 2.5% to 1.3%

HSBC Midcap Fund Sector Allocation

as on (31-Mar-25)

Sector Allocation

Equity 98.8%

Debt & Cash 1.2%

Industrial
29.9%
Financial Services
18.7%
Consumer Cyclical
14.5%
Tech
13.7%
Real Estate
7.1%
Health
7%
Utilities
4.8%
Consumer Defensive
2.3%
Basic Materials
1.9%
Communication
0.1%

Top 3 Sectors in March were Industrial, Consumer Cyclical & Financial Services

Mar'25

Industrial

25%

Consumer Cyclical

19%

Financial Services

16%

Feb'25

Industrial

25%

Consumer Cyclical

18%

Financial Services

17%

HSBC Midcap Fund Holdings Details

as on (30-Apr-25)

Equity

Top Stocks bought last month
Persistent Systems Ltd's allocation increased from 0.83% to 4.4%
Persistent Systems Ltd's allocation increased from 0.83% to 4.4%
Transformers & Rectifiers (India) Ltd's allocation increased from 1.49% to 1.91%
Transformers & Rectifiers (India) Ltd's allocation increased from 1.49% to 1.91%
Godfrey Phillips India Ltd's allocation increased from 2.04% to 2.45%
Godfrey Phillips India Ltd's allocation increased from 2.04% to 2.45%
Top Stocks sold last month
Dixon Technologies (India) Ltd's allocation decreased from 4.45 % to 3.88 %
Dixon Technologies (India) Ltd's allocation decreased from 4.45 % to 3.88 %
The Federal Bank Ltd's allocation decreased from 3.5 % to 3.5 %
The Federal Bank Ltd's allocation decreased from 3.5 % to 3.5 %
CG Power & Industrial Solutions Ltd's allocation decreased from 3.6 % to 3.19 %
CG Power & Industrial Solutions Ltd's allocation decreased from 3.6 % to 3.19 %

HSBC Midcap Fund Direct Growth Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.7%
Benchmark
Nifty Midcap 150 TR INR
AUM₹10362 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹500
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
32.19%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

About HSBC Midcap Fund

HSBC Midcap Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Sonal Gupta, Venugopal Manghat, Cheenu Gupta. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. HSBC Midcap Fund Direct Growth has ₹10362 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
  2. The fund has an expense ratio 0.7.

Returns

HSBC Midcap Fund Direct Growth has given a CAGR return of 19.95% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 11.53%, 26.84% and 28.93% respectively.

Holdings

HSBC Midcap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Consumer Cyclical, Financial Services, Health, Tech, Consumer Defensive, Basic Materials, Utilities, Communication, Real Estate. Its top holdings are Max Healthcare Institute Ltd Ordinary Shares, Persistent Systems Ltd, BSE Ltd, Dixon Technologies (India) Ltd, Indian Hotels Co 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 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.

Investment objective of HSBC Midcap Fund Direct Growth

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 and lockin period

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.

Fund Manager

Sonal Gupta

Fund Manager of HSBC Midcap Fund Direct Growth, since 1 October 2023

Venugopal Manghat

Fund Manager of HSBC Midcap Fund Direct Growth, since 1 October 2023

Cheenu Gupta

Fund Manager of HSBC Midcap Fund Direct Growth, since 26 November 2022

Learn more about HSBC Mutual Fund
Parameters
Mar'25
Feb'25
Jan'25
AUM
₹ 10.4K Cr
₹ 9.5K Cr
₹ 12.4K Cr
  • AUM of the fund stands at 10.4K Cr as of Mar'25
  • AUM increased by 820.8 Cr between Mar'25 and Feb'25

Most Popular Comparisons

HSBC Midcap Fund

VS

HDFC Mid Cap Opportunities Fund Direct Growth

Frequently Asked Questions for HSBC Midcap Fund Direct Growth

What is the current NAV of HSBC Midcap Fund Direct Growth?

The current NAV of HSBC Midcap Fund Direct Growth is ₹406.13 as on 12-May-2025.

What are the average returns of HSBC Midcap Fund Direct Growth?

Existing (Absolute + CAGR) as on 12-May-2025.
HSBC Midcap Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
10.58%
10.58%
6 Month Returns
-5.69%
-5.69%
1 Year Returns
11.53%
11.53%
3 Years Returns
104.08%
26.84%

How do I invest in HSBC Midcap Fund Direct Growth?

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.

What is the expense ratio of HSBC Midcap Fund Direct Growth?

0.7% as on April 2025

What is net assets under management (AUM) of HSBC Midcap Fund Direct Growth?

₹10362 Cr as on April 2025

What are the top 5 holdings of HSBC Midcap Fund Direct Growth?

Max Healthcare Institute Ltd Ordinary Shares(4.61%), Persistent Systems Ltd(4.4%), BSE Ltd(4.23%), Dixon Technologies (India) Ltd(3.88%), Indian Hotels Co Ltd(3.63%) as on April 2025

What are the top 3 sectors that this HSBC Midcap Fund Direct Growth has invested in?

Industrial(23.9%), Consumer Cyclical(19.05%), Financial Services(18.7%) as on April 2025

What is the alpha of HSBC Midcap Fund Direct Growth?

The alpha ratio for the HSBC Midcap Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
HSBC Midcap Fund Direct Growth
0.81
0.69
-0.32
As on April 2025
The alpha for HSBC Midcap Fund Direct Growth is calculated against Nifty Midcap 150 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%.

What is the beta of HSBC Midcap Fund Direct Growth??

The Beta ratio for the HSBC Midcap Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
HSBC Midcap Fund Direct Growth
1.14
0.93
0.85
As on April 2025
The Beta for HSBC Midcap Fund Direct Growth is calculated with Nifty Midcap 150 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.

What is the sharpe ratio of HSBC Midcap Fund Direct Growth?

The sharpe ratio for the HSBC Midcap Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
HSBC Midcap Fund Direct Growth
0.07
0.83
1.27
As on April 2025
The sharpe ratio for HSBC Midcap Fund Direct Growth is calculated with Nifty Midcap 150 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.

What is the standard deviation of HSBC Midcap Fund Direct Growth?

The standard deviation for the HSBC Midcap Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
HSBC Midcap Fund Direct Growth
24.24
17.45
15.79
As on April 2025
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.

What is the Sortino ratio of HSBC Midcap Fund Direct Growth?

Sortino ratio is 1.22 as on April 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.

Who is the manager of HSBC Midcap Fund Direct Growth?

Sonal Gupta, Venugopal Manghat, Cheenu Gupta are the fund managers of HSBC Midcap Fund Direct Growth

What is the exit load of HSBC Midcap Fund Direct Growth?

The Exit load of HSBC Midcap Fund Direct Growth is 1%