HDFC Mid-Cap Opportunities Fund -Direct Plan - Growth Option
Equity
Direct
Mid-Cap
NAV: ₹ 173.98 as on 18-04-2024
Fund Performance
64589 people have invested ₹ 38.2Cr in HDFC Mid-Cap Opportunities Fund -Direct Plan - Growth Option in the last three months
Mutual Fund Insights
In the last 1 year, Quant Mid Cap Fund Growth Option Direct Plan has given 68.88% return, outperforming this fund by 11.77%.
In the last 3 years, Quant Mid Cap Fund Growth Option Direct Plan has given 37.68% return, outperforming this fund by 7.18% per annum.
In the last 5 years, Quant Mid Cap Fund Growth Option Direct Plan has given 32.51% return, outperforming this fund by 8.31% per annum.
Over the last 6 months, this fund has experienced a 24.1% growth in AUM moving from 48.68K Cr to 60.41K Cr.
This fund expense ratio is slightly on the lower side within the category (mid-cap). Its expense ratio is 0.77% which is lower than the category average expense ratio of 1.17%.
Over the last 1 year, this fund has decreased expense ratio by 18.9% moving from 0.95 to 0.77.
INDmoney Rank of HDFC Mid-Cap Opportunities Fund -Direct Plan - Growth Option
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3
/19
73% Performance
42% Risk Management
67% Cost
3 out of 19 among mid-cap
Pros
Larger AUM within category
5Y returns in the top 25% of the category
3Y returns in the top 25% of the category
Cons
No bad points found for this fund.
About the HDFC Mid-Cap Opportunities Fund -Direct Plan - Growth Option
An open ended equity scheme predominantly investing in mid cap stocks. The scheme follows a predominantly Mid cap strategy with a minimum exposure of 65% to Mid-Cap stocks. The Scheme may also seek participation in other equity and equity related securities to achieve optimal portfolio construction.The aim of equity strategy will be to predominantly build a portfolio of mid-cap companies which have reasonable growth prospects, sound financial strength, sustainable business models and acceptable valuation that offers potential for capital appreciation.The scheme invests in stocks such as Hindustan Aeronautics, Max Healthcare and Sundaram Fasteners.
Key Parameters
- HDFC Mid-Cap Opportunities Fund -Direct Plan - Growth Option has ₹60418 Cr worth of assets under management (AUM) as on Mar 2024 and is more than category average.
- The fund has an expense ratio 0.8.
HDFC Mid-Cap Opportunities Fund -Direct Plan - Growth Option Overview
 | 0.77% |
 Benchmark | S&P BSE Midcap TR INR |
 | ₹60418 Cr |
 | 1 January, 2013 |
 | ₹100/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 14.12% |
HDFC Mid-Cap Opportunities Fund -Direct Plan - Growth Option Distribution as on (31-Mar-24)
Size breakup
Mid cap
73%
Small cap
13.1%
Large cap
6.4%
Sector Allocation
Financial Services
25.6%
Consumer Cyclical
17.3%
Industrial
15.1%
Health
11.9%
Tech
11.7%
Basic Materials
9.9%
Communication
4.7%
Energy
2.8%
Consumer Defensive
1%
Top Holdings of HDFC Mid-Cap Opportunities Fund -Direct Plan - Growth Option as on (31-Mar-24)
Equity Holdings68
HDFC Mid-Cap Opportunities Fund -Direct Plan - Growth Option: Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at -0.06% whereas the fund’s underlying benchmark Nifty Midcap 150 returns stands at -1.16% as on Mar'24
- This fund outperformed Nifty Midcap 150 by 1.10% in Mar'24
AUM Change
- AUM of the fund stands at 60.2K Cr as of Mar'24
- AUM has remained same between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers in HDFC Mid-Cap Opportunities Fund -Direct Plan - Growth Option portfolio Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Max Healthcare Institute Ltd | 16.9% |
 Solar Industries India Ltd | 16.1% |
 Oracle Financial Services Software Ltd | 2.1% |
Top Losers | 1M Return |
|---|---|
 Coforge Ltd | -9% |
 Apollo Tyres Ltd | -2% |
 Hindustan Petroleum Corporation Ltd | -1.2% |
Peer Analysis
HDFC Mid-Cap Opportunities Fund -Direct Plan - Growth Option Fund Manager
Chirag Setalvad
Fund Manager of HDFC Mid-Cap Opportunities Fund -Direct Plan - Growth Option, since 25 June 2007
Top funds managed
HDFC Mid-Cap Opportunities Fund -Direct Plan - Growth Option Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 21.8% since inception which is more than its category average return of 18.76%
Fund Allocations
This fund has an allocation of 92.53% in Equity, 0% in Debt and 7.47% in Cash related instruments
AUM size ₹60418 Cr
This fund has AUM of ₹60418 Cr which is more than its category average of ₹ 7349 Cr
Expense Ratio 0.77%
This fund has an expense ratio of 0.77% which is less than its category average expense ratio of 1.39%
Frequently Asked Questions
The current NAV of HDFC Mid-Cap Opportunities Fund -Direct Plan - Growth Option is ₹173.98 as on 18-Apr-2024.
Existing (Absolute + CAGR) as on 18-Apr-2024.
HDFC Mid-Cap Opportunities Fund -Direct Plan - Growth Option | Absolute Returns | CAGR Returns |
1 Month Returns | 4.58% | 4.58% |
6 Month Returns | 20.82% | 20.82% |
1 Year Returns | 57.1% | 57.1% |
3 Years Returns | 122.26% | 30.5% |
5 Years Returns | 195.52% | 24.2% |
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0.77% as on March 2024
₹60418 Cr as on March 2024
Indian Hotels Co Ltd(4.55%), Tata Communications Ltd(3.36%), Apollo Tyres Ltd(3.23%), Max Financial Services Ltd(3.21%), Max Healthcare Institute Ltd Ordinary Shares(3.09%) as on March 2024
Financial Services(23.7%), Consumer Cyclical(16.05%), Industrial(14%) as on March 2024
The alpha ratio for the HDFC Mid-Cap Opportunities Fund -Direct Plan - Growth Option for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
HDFC Mid-Cap Opportunities Fund -Direct Plan - Growth Option | 6.61 | 5.04 | 1.3 |
As on March 2024
The alpha for HDFC Mid-Cap Opportunities Fund -Direct Plan - Growth Option 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 - Growth Option for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
HDFC Mid-Cap Opportunities Fund -Direct Plan - Growth Option | 0.84 | 0.86 | 0.93 |
As on March 2024
The Beta for HDFC Mid-Cap Opportunities Fund -Direct Plan - Growth Option 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 - Growth Option 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 - Growth Option | 3.6 | 1.68 | 0.9 |
As on March 2024
The sharpe ratio for HDFC Mid-Cap Opportunities Fund -Direct Plan - Growth Option 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 - Growth Option 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 - Growth Option | 11.29 | 13.07 | 20.67 |
As on March 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 3.63 as on March 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.86 as on March 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 - Growth Option
The Exit load of HDFC Mid-Cap Opportunities Fund -Direct Plan - Growth Option is 1%