HSBC Midcap Fund Direct-Growth
(Scheme Rating)
NAV as of Jun 12, 2026
505.492.70%
- Growth - Direct
(Earn upto 1.06% Extra Returns with Direct Plan)
Fund Category:
Equity: Mid Cap
Expense Ratio:
1.23%(0.72% Category
average)Fund Size:
Rs. 14,249.22 Cr(2.83% of Investment in Category)
HSBC Midcap Fund Direct-Growth
(Scheme Rating)
NAV as of Jun 12, 2026
505.492.70%
Expense Ratio:
1.23%
Fund Size:
Rs. 14,249.22 Cr
Fund Category:
Equity: Mid Cap
1. Current NAV: The Current Net Asset Value of the HSBC Midcap Fund - Direct Plan as of Jun 12, 2026 is Rs 505.49 for Growth option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: 17.99% (1yr), 27.3% (3yr), 19.62% (5yr) and 20.13% (since launch). Whereas, Category returns for the same time duration are: 3.0% (1yr), 18.87% (3yr) and 16.04% (5yr).
3. Fund Size: The HSBC Midcap Fund - Direct Plan currently holds Assets under Management worth of Rs 14249.22 crore as on May 31, 2026.
4. Expense ratio: The expense ratio of the fund is 1.23% for Direct plan as on Jun 09, 2026.
5. Exit Load: HSBC Midcap Fund - Direct Plan shall attract an Exit Load, "Exit load for units in excess of 10% of the investment, 1% will be charged for redemption within 1 year."
6. Minimum Investment: Minimum investment required is Rs 5000 and minimum additional investment is Rs 1000. Minimum SIP investment is Rs 500.
HSBC Midcap Fund Direct-Growth Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns 4.80 16.27 11.44 17.99 27.30 19.62 Category Avg 1.62 7.51 0.68 3.00 18.87 16.04 Rank within Category 1 1 1 1 1 7 No. of funds within Category 74 72 70 62 49 32 - Loading...
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Return Comparison
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HSBC Midcap Fund Direct-Growth Fund Details
Investment Objective - The scheme seeks to generate long-term capital growth from an actively managed portfolio of equity and equity related securities of predominantly mid cap companies.
| Fund House | HSBC Mutual Fund |
| Launch Date | Jan 01, 2013 |
| Benchmark | BSE 150 MidCap Total Return Index |
| Return Since Launch | 20.13% |
| Riskometer | Very High |
| Type | Open-ended |
| Risk Grade | Average |
| Return Grade | Above Average |
HSBC Midcap Fund Direct-Growth Investment Details
| Minimum Investment (Rs.) | 5,000.00 |
| Minimum Additional Investment (Rs.) | 1,000.00 |
| Minimum SIP Investment (Rs.) | 500.00 |
| Minimum Withdrawal (Rs.) | 500.00 |
| Exit Load Exit load for units in excess of 10% of the investment, 1% will be charged for redemption within 1 year. | |
Portfolio Allocation
Asset Allocation
Asset Allocation History
Sector Allocation
Market Cap Allocation
Concentration & Valuation Analysis
| MAY 2026 | APR 2026 | MAR 2026 | FEB 2026 | JAN 2026 | DEC 2025 | |
|---|---|---|---|---|---|---|
| Number of Holdings | 71 | 79 | 74 | 67 | 71 | 69 |
| Top 5 Company Holdings | 21.96% | 23.52% | 21.62% | 22.92% | 21.94% | 21.46% |
| Top 10 Company Holdings | 39.3% | 40.56% | 38.9% | 39.93% | 38.64% | 36.54% |
| Company with Highest Exposure | GE Vernova T&D (4.66%) | BSE (5.13%) | FSN E-Commerce Ventures (5.08%) | Ashok Leyland (5.3%) | Ashok Leyland (5.05%) | FSN E-Commerce Ventures (5.22%) |
| Number of Sectors | 15 | 13 | 13 | 13 | 13 | 12 |
| Top 3 Sector Holdings | 59.21% | 63.05% | 60.72% | 62.97% | 65.73% | 68.05% |
| Top 5 Sector Holdings | 73.09% | 75.47% | 73.95% | 77.67% | 78.87% | 80.13% |
| Sector with Highest Exposure | Capital Goods (24.86%) | Capital Goods (27.82%) | Capital Goods (25.5%) | Financial (22.63%) | Financial (27.37%) | Financial (26.81%) |
Top Stock Holdings
Sector Holdings in MF
Company Sector Assest(%) P/E EPS-TTM(₹) RETURN 1 YR(%) GE Vernova T&D Capital Goods 4.66 - - -0.28 FSN E-Commerce Ventures Services 4.51 - - -0.34 BSE Services 4.34 - - -0.79 PB Fintech Services 4.24 - - 0.81 Lenskart Solutions Consumer Discretionary 4.21 - - 0.98 Bharat Heavy Electricals Capital Goods 3.76 - - 1.13 The Federal Bank Financial 3.65 - - -0.21 Piramal Finance Financial 3.51 - - - Billionbrains Garage Ventures Financial 3.23 - - -0.65 Aditya Infotech Communication 3.19 - - 0.20
Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y HSBC Midcap Fund Direct-Growth 505.49 14,249.22 4.80 17.99 27.30 19.62 WhiteOak Capital Mid Cap Fund Direct - Growth 21.72 5,732.44 2.29 10.31 24.97 - Nippon India Growth Mid Cap Fund Direct- Growth 4,788.48 47,415.41 1.39 6.52 23.43 20.60 HDFC Mid Cap Fund Direct-Growth 220.16 97,350.48 1.63 4.94 21.05 19.90 Edelweiss Mid Cap Direct Plan-Growth 123.03 16,848.60 1.35 5.33 23.96 20.20
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Standard Deviation
Standard Deviation
Standard deviation is the deviation of the fund's return around mean.
High Volatality
19.98VS18.09Fund Vs Category Avg
Beta
Beta
Beta shows the portfolio risk in relation to the market. A beta of less than 1 means that the fund returns are less volatile compared to the broader market. A beta of more than 1 means that the fund returns are more volatile than the broader markets. A beta equal to 1 means that fund's volatility is in line with the broader market.
High Volatality
1.03VS0.96Fund Vs Category Avg
Sharpe Ratio
Sharpe Ratio
Sharpe ratio is a risk adjusted performance measure. A fund with a higher Sharpe ratio is considered better than a fund with a lower Sharpe ratio.
Better risk-adjusted returns
1.07VS0.82Fund Vs Category Avg
Treynor's Ratio
Treynor's Ratio
Treynor is a risk adjusted performance measure. A fund with a higher Treynor ratio is considered better than a fund with a lower Treynor ratio.
Better risk-adjusted returns
20.73VS15.49Fund Vs Category Avg
Jensen's Alpha
Jensen's Alpha
Alpha shows the ability of the fund manager to outperform the market. A higher Alpha is preferred.
Better risk-adjusted returns
5.79VS0.39Fund Vs Category Avg
Mean Return
Mean Return
Average return generated by the fund during a specified period.
Better average monthly returns
27.28VS20.78Fund Vs Category Avg
Risk Ratio Chart
- Risk Ratio
- Category Average
HSBC Mutual Fund News
- ET Alpha Wealth Summit | India's next decade: AI is an enabler, not a threat; investor expectations the real risk: Kailash Kulkarni
- ET Alpha Wealth Summit: A 12% return is a really good job in markets, says HSBC MF CEO Kailash Kulkarni
- NFO Alert: HSBC Mutual Fund launches hybrid long-short fund under its SIF segment RedHex
- MF Tracker: HSBC Midcap Fund turned Rs 10,000 SIP to Rs 2.33 crore in 20 years. Can fund sustain its strong performance?
Fund Manager
- C.G.Cheenu GuptaSince Nov 20223 schemes
Ms. Gupta is CFA Charter holder (USA), PGDBM (Finance) & B.E. (I.T) Prior to joining HSBC Mutual Fund, she has worked with L&T Mutual Fund, Canara Robeco Mutual Fund, Tata AIA Life Insurance Company as Fund Manager, ING Investment Management as Senior Research Analyst and UTI AMC Ltd. as Research Analyst.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y HSBC Large and Mid Cap Fund Direct - Growth Large & MidCap 31.66 5,110.15 11.44 HSBC Conservative Hybrid Fund Direct-Growth Conservative Hybrid 71.22 148.87 4.35 HSBC Multi Asset Allocation Fund Direct - Growth Multi Asset Allocation 14.04 Unrated 2,979.17 18.72
More HSBC Mutual Fund
| Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| HSBC Small Cap Fund Direct-Growth | 16,876.72 | -3.04 | 12.03 | 6.13 | -1.92 | 16.43 | |
| HSBC Liquid Fund Direct-Growth | 16,117.36 | 0.56 | 1.75 | 3.23 | 6.21 | 6.98 | |
| HSBC Value Fund Direct-Growth | 14,547.71 | -4.59 | -0.25 | -1.73 | -1.19 | 19.92 | |
| HSBC Midcap Fund Direct-Growth | 14,249.22 | -0.92 | 11.91 | 12.17 | 13.48 | 26.70 | |
| HSBC Money Market Fund Direct-Growth | 5,803.77 | 0.48 | 1.52 | 2.90 | 5.99 | 7.23 | |
| HSBC Corporate Bond Direct-Growth | 5,786.52 | 0.83 | 1.40 | 2.30 | 5.03 | 7.22 | |
| HSBC Multi Cap Fund Direct - Growth | 5,620.77 | -3.28 | 4.58 | 1.34 | 2.06 | 20.85 | |
| HSBC Flexi Cap Fund Direct-Growth | 5,538.48 | -3.67 | 3.79 | 0.32 | -0.91 | 17.20 | |
| HSBC Aggressive Hybrid Fund Direct-Growth | 5,504.80 | -1.82 | 2.40 | 0.55 | 2.40 | 13.75 | |
| HSBC Large and Mid Cap Fund Direct - Growth | 5,110.15 | -0.65 | 7.51 | 6.47 | 7.81 | 19.65 |
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1. HSBC Midcap Fund - Direct Plan is Open-ended Mid Cap Equity scheme which belongs to HSBC Mutual Fund House.
2. The fund was launched on Jan 01, 2013.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks to generate long-term capital growth from an actively managed portfolio of equity and equity related securities of predominantly mid cap companies. "
2. It is benchmarked against BSE 150 MidCap Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 98.9% in equities, 0.0% in debts and 1.12% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 39.3% of the assets, the top 3 sectors constitute around 59.21% of the assets.
3. The fund largely follows a Growth oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
Tax Implications on HSBC Midcap Fund Direct-Growth
1. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.
2. For units redeemed after 1 year of investment, gains of upto Rs. 1 lakh accruing from those units in a financial year shall be exempted from tax.
3. Gains of more than Rs. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
4. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
5. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
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FAQs about HSBC Midcap Fund Direct-Growth
- Is it safe to invest in HSBC Midcap Fund - Direct Plan?As per SEBI’s latest guidelines to calculate risk grades, investment in the HSBC Midcap Fund - Direct Plan comes under Very High risk category.
- What is the category of HSBC Midcap Fund - Direct Plan?HSBC Midcap Fund - Direct Plan belongs to the Equity : Mid Cap category of funds.
- How Long should I Invest in HSBC Midcap Fund - Direct Plan?The suggested investment horizon of investing into HSBC Midcap Fund - Direct Plan is >3 years. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the HSBC Midcap Fund - Direct Plan?The HSBC Midcap Fund - Direct Plan is managed by Cheenu Gupta (Since Nov 26, 2022).
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