Fund Overview
Fund Size
₹11,418 Cr
Expense Ratio
0.64%
ISIN
INF917K01FZ1
Minimum SIP
₹1,000
Exit Load
1.00%
Inception Date
01 Jan 2013
About this fund
HSBC Midcap Fund Direct Growth is a Mid-Cap mutual fund schemes offered by HSBC Mutual Fund. This fund has been in existence for 11 years, 6 months and 25 days, having been launched on 01-Jan-13.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹418.53, Assets Under Management (AUM) of 11418.13 Crores, and an expense ratio of 0.64%.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹418.53, Assets Under Management (AUM) of 11418.13 Crores, and an expense ratio of 0.64%.
- HSBC Midcap Fund Direct Growth has given a CAGR return of 21.78% since inception.
- The fund's asset allocation comprises around 98.14% in equities, 0.00% in debts, and 1.86% in cash & cash equivalents.
- You can start investing in HSBC Midcap Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+60.04%
+53.07% (Cat Avg.)
3 Years
+24.96%
+24.91% (Cat Avg.)
5 Years
+26.33%
+28.22% (Cat Avg.)
10 Years
+20.21%
+19.07% (Cat Avg.)
Since Inception
+21.78%
— (Cat Avg.)
Portfolio Summaryas of 30th June 2024
| Equity | ₹11,206.19 Cr | 98.14% |
| Others | ₹211.94 Cr | 1.86% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Suzlon Energy Ltd | Equity | ₹449.89 Cr | 3.94% |
| Cummins India Ltd | Equity | ₹384.82 Cr | 3.37% |
| Godrej Properties Ltd | Equity | ₹343.69 Cr | 3.01% |
| Bharat Heavy Electricals Ltd | Equity | ₹313.33 Cr | 2.74% |
| Trent Ltd | Equity | ₹312.57 Cr | 2.74% |
| JSW Energy Ltd | Equity | ₹307.07 Cr | 2.69% |
| Prestige Estates Projects Ltd | Equity | ₹301.74 Cr | 2.64% |
| HDFC Asset Management Co Ltd | Equity | ₹291.47 Cr | 2.55% |
| CG Power & Industrial Solutions Ltd | Equity | ₹251.48 Cr | 2.20% |
| Dixon Technologies (India) Ltd | Equity | ₹249.48 Cr | 2.18% |
| Max Healthcare Institute Ltd Ordinary Shares | Equity | ₹239.83 Cr | 2.10% |
| Indian Bank | Equity | ₹235.11 Cr | 2.06% |
| Bharat Electronics Ltd | Equity | ₹223.39 Cr | 1.96% |
| KEI Industries Ltd | Equity | ₹218.52 Cr | 1.91% |
| Jindal Stainless Ltd | Equity | ₹218.1 Cr | 1.91% |
| Treps | Cash - Repurchase Agreement | ₹212.29 Cr | 1.86% |
| The Federal Bank Ltd | Equity | ₹206.67 Cr | 1.81% |
| Bharat Forge Ltd | Equity | ₹206.1 Cr | 1.81% |
| Indian Hotels Co Ltd | Equity | ₹205.87 Cr | 1.80% |
| Godfrey Phillips India Ltd | Equity | ₹202.39 Cr | 1.77% |
| Lupin Ltd | Equity | ₹195.1 Cr | 1.71% |
| Exide Industries Ltd | Equity | ₹189.73 Cr | 1.66% |
| KPIT Technologies Ltd | Equity | ₹189.52 Cr | 1.66% |
| Power Finance Corp Ltd | Equity | ₹188.08 Cr | 1.65% |
| Persistent Systems Ltd | Equity | ₹186.71 Cr | 1.64% |
| Voltas Ltd | Equity | ₹173.45 Cr | 1.52% |
| Sundaram Finance Ltd | Equity | ₹172.47 Cr | 1.51% |
| Oberoi Realty Ltd | Equity | ₹168.37 Cr | 1.47% |
| Multi Commodity Exchange of India Ltd | Equity | ₹163.02 Cr | 1.43% |
| Nippon Life India Asset Management Ltd Ordinary Shares | Equity | ₹161.11 Cr | 1.41% |
| PB Fintech Ltd | Equity | ₹159.92 Cr | 1.40% |
| Torrent Power Ltd | Equity | ₹156.78 Cr | 1.37% |
| Phoenix Mills Ltd | Equity | ₹151.79 Cr | 1.33% |
| Apar Industries Ltd | Equity | ₹151.34 Cr | 1.33% |
| CRISIL Ltd | Equity | ₹150.12 Cr | 1.31% |
| Ratnamani Metals & Tubes Ltd | Equity | ₹143.44 Cr | 1.26% |
| Supreme Industries Ltd | Equity | ₹139.01 Cr | 1.22% |
| NTPC Ltd | Equity | ₹135.19 Cr | 1.18% |
| Timken India Ltd | Equity | ₹130.51 Cr | 1.14% |
| Avenue Supermarts Ltd | Equity | ₹129.77 Cr | 1.14% |
| BEML Ltd | Equity | ₹128.04 Cr | 1.12% |
| Hitachi Energy India Ltd Ordinary Shares | Equity | ₹123.06 Cr | 1.08% |
| Ipca Laboratories Ltd | Equity | ₹119.3 Cr | 1.04% |
| Transformers & Rectifiers (India) Ltd | Equity | ₹110.86 Cr | 0.97% |
| H.G. Infra Engineering Ltd Ordinary Shares | Equity | ₹109.22 Cr | 0.96% |
| NCC Ltd | Equity | ₹108.41 Cr | 0.95% |
| Bajaj Auto Ltd | Equity | ₹107.18 Cr | 0.94% |
| Zomato Ltd | Equity | ₹100.28 Cr | 0.88% |
| Thermax Ltd | Equity | ₹99.19 Cr | 0.87% |
| Mankind Pharma Ltd | Equity | ₹99.01 Cr | 0.87% |
| Bosch Ltd | Equity | ₹94.42 Cr | 0.83% |
| EIH Ltd | Equity | ₹93.27 Cr | 0.82% |
| Karnataka Bank Ltd | Equity | ₹90.81 Cr | 0.80% |
| Data Patterns (India) Ltd | Equity | ₹89.89 Cr | 0.79% |
| Tube Investments of India Ltd Ordinary Shares | Equity | ₹85.21 Cr | 0.75% |
| Container Corporation of India Ltd | Equity | ₹84.33 Cr | 0.74% |
| Bharti Hexacom Ltd | Equity | ₹82.19 Cr | 0.72% |
| Varun Beverages Ltd | Equity | ₹81.91 Cr | 0.72% |
| Polycab India Ltd | Equity | ₹78.92 Cr | 0.69% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹74.72 Cr | 0.65% |
| Birlasoft Ltd | Equity | ₹70.89 Cr | 0.62% |
| Johnson Controls - Hitachi Air Conditioning India Ltd | Equity | ₹69.38 Cr | 0.61% |
| Bank of India | Equity | ₹62.16 Cr | 0.54% |
| BSE Ltd | Equity | ₹55.32 Cr | 0.48% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹53.45 Cr | 0.47% |
| Zydus Lifesciences Ltd | Equity | ₹46.34 Cr | 0.41% |
| Gland Pharma Ltd | Equity | ₹45.62 Cr | 0.40% |
| Radico Khaitan Ltd | Equity | ₹44.66 Cr | 0.39% |
| APL Apollo Tubes Ltd | Equity | ₹43.57 Cr | 0.38% |
| Mazagon Dock Shipbuilders Ltd | Equity | ₹41.53 Cr | 0.36% |
| Sonata Software Ltd | Equity | ₹36.49 Cr | 0.32% |
| REC Ltd | Equity | ₹35.52 Cr | 0.31% |
| Aarti Industries Ltd | Equity | ₹34.62 Cr | 0.30% |
| Global Health Ltd | Equity | ₹30.04 Cr | 0.26% |
| Sterling and Wilson Renewable Energy Ltd | Equity | ₹28.87 Cr | 0.25% |
| ABB India Ltd | Equity | ₹26.75 Cr | 0.23% |
| L&T Technology Services Ltd | Equity | ₹21.6 Cr | 0.19% |
| Suven Pharmaceuticals Ltd | Equity | ₹19.77 Cr | 0.17% |
| JK Cement Ltd | Equity | ₹17.56 Cr | 0.15% |
| Carborundum Universal Ltd | Equity | ₹16.56 Cr | 0.15% |
| Gujarat Fluorochemicals Ltd Ordinary Shares | Equity | ₹12.38 Cr | 0.11% |
| Sundaram Fasteners Ltd | Equity | ₹7.83 Cr | 0.07% |
| TVS Motor Co Ltd | Equity | ₹6.79 Cr | 0.06% |
| Abbott India Ltd | Equity | ₹6.35 Cr | 0.06% |
| Tech Mahindra Ltd | Equity | ₹5.51 Cr | 0.05% |
| Hindustan Petroleum Corp Ltd | Equity | ₹4.82 Cr | 0.04% |
| Mphasis Ltd | Equity | ₹4.64 Cr | 0.04% |
| Net Current Assets (Including Cash & Bank Balances) | Cash | ₹-0.36 Cr | 0.00% |
Allocation By Market Cap (Equity)
Large Cap Stocks
15.25%
Mid Cap Stocks
66.08%
Small Cap Stocks
16.82%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Industrials | ₹3,468.11 Cr | 30.37% |
| Financial Services | ₹2,046.49 Cr | 17.92% |
| Consumer Cyclical | ₹1,393.41 Cr | 12.20% |
| Real Estate | ₹965.59 Cr | 8.46% |
| Technology | ₹916.78 Cr | 8.03% |
| Healthcare | ₹801.36 Cr | 7.02% |
| Utilities | ₹599.04 Cr | 5.25% |
| Basic Materials | ₹469.67 Cr | 4.11% |
| Consumer Defensive | ₹458.74 Cr | 4.02% |
| Communication Services | ₹82.19 Cr | 0.72% |
| Energy | ₹4.82 Cr | 0.04% |
Risk & Performance Ratios
Standard Deviation
This fund
12.77%
Cat. avg.
14.02%
Lower the better
Sharpe Ratio
This fund
1.48
Cat. avg.
1.23
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
2.45
Higher the better
Fund Managers
VM
Venugopal Manghat
Since October 2023
CG
Cheenu Gupta
Since November 2022
SG
Sonal Gupta
Since October 2023
Additional Scheme Detailsas of 30th June 2024
ISIN | INF917K01FZ1 | Expense Ratio | 0.64% | Exit Load | 1.00% | Fund Size | ₹11,418 Cr | Age | 01 Jan 2013 | Lumpsum Minimum | ₹5,000 | Fund Status | Open Ended Investment Company | Benchmark | Nifty Midcap 150 TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Withdrawal within 1 year
Flat 15% tax on realised gains (STCG - short term capital gains)
Withdrawal after 1 year
10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)
Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Mid-Cap Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Bandhan Midcap Fund Regular Growth Very High Risk | 2.1% | 1.0% | ₹1389.24 Cr | 49.0% |
| Bandhan Midcap Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹1389.24 Cr | 51.4% |
| Motilal Oswal Midcap Fund Regular Growth Very High Risk | 1.7% | 1.0% | ₹12627.68 Cr | 67.7% |
| HDFC NIFTY Midcap 150 ETF Very High Risk | 0.2% | - | ₹15.15 Cr | - |
| Mirae Asset Midcap Fund Regular Growth Very High Risk | 1.7% | 1.0% | ₹16667.30 Cr | 45.2% |
| Mirae Asset Midcap Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹16667.30 Cr | 46.8% |
| Axis Midcap Fund Regular Growth Very High Risk | 1.6% | 1.0% | ₹30143.58 Cr | 43.4% |
| Mahindra Manulife Mid Cap Fund Direct Growth Very High Risk | 0.4% | 1.0% | ₹2580.04 Cr | 62.5% |
| Mahindra Manulife Mid Cap Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹2580.04 Cr | 60.1% |
| Tata Mid Cap Growth Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹4193.89 Cr | 52.6% |
About the AMC
Total AUM
₹1,10,764 Cr
Address
16, V N Road, Mumbai, 400 001
Other Funds by HSBC Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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We're here to help.
What is the current NAV of HSBC Midcap Fund Direct Growth?
The NAV of HSBC Midcap Fund Direct Growth, as of 25-Jul-2024, is ₹418.53.
What are the returns of HSBC Midcap Fund Direct Growth?
The fund has generated 60.04% over the last 1 year and 24.96% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of HSBC Midcap Fund Direct Growth?
The fund's allocation of assets is distributed as 98.14% in equities, 0.00% in bonds, and 1.86% in cash and cash equivalents.
Who manages the HSBC Midcap Fund Direct Growth?
The fund managers responsible for HSBC Midcap Fund Direct Growth are:-
- Venugopal Manghat
- Cheenu Gupta
- Sonal Gupta
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.