Fund Overview
Fund Size
₹11,470 Cr
Expense Ratio
0.68%
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 12 years, 5 months and 18 days, having been launched on 01-Jan-13.
As of 18-Jun-25, it has a Net Asset Value (NAV) of ₹430.17, Assets Under Management (AUM) of 11469.74 Crores, and an expense ratio of 0.68%.
As of 18-Jun-25, it has a Net Asset Value (NAV) of ₹430.17, Assets Under Management (AUM) of 11469.74 Crores, and an expense ratio of 0.68%.
- HSBC Midcap Fund Direct Growth has given a CAGR return of 20.33% since inception.
- The fund's asset allocation comprises around 98.49% in equities, 0.00% in debts, and 1.51% 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
+3.51%
+4.28% (Cat Avg.)
3 Years
+29.92%
+28.41% (Cat Avg.)
5 Years
+28.33%
+30.10% (Cat Avg.)
10 Years
+17.44%
+16.59% (Cat Avg.)
Since Inception
+20.33%
— (Cat Avg.)
Portfolio Summaryas of 31st May 2025
| Equity | ₹11,297.1 Cr | 98.49% |
| Others | ₹172.64 Cr | 1.51% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| BSE Ltd | Equity | ₹533.28 Cr | 4.65% |
| Max Healthcare Institute Ltd Ordinary Shares | Equity | ₹490.02 Cr | 4.27% |
| Dixon Technologies (India) Ltd | Equity | ₹447.81 Cr | 3.90% |
| Eternal Ltd | Equity | ₹419.34 Cr | 3.66% |
| Jubilant Foodworks Ltd | Equity | ₹409.59 Cr | 3.57% |
| GE Vernova T&D India Ltd | Equity | ₹401.28 Cr | 3.50% |
| Trent Ltd | Equity | ₹384.72 Cr | 3.35% |
| Nippon Life India Asset Management Ltd Ordinary Shares | Equity | ₹383.91 Cr | 3.35% |
| Godfrey Phillips India Ltd | Equity | ₹326.24 Cr | 2.84% |
| Persistent Systems Ltd | Equity | ₹323.45 Cr | 2.82% |
| Lupin Ltd | Equity | ₹321.43 Cr | 2.80% |
| Max Financial Services Ltd | Equity | ₹302.28 Cr | 2.64% |
| Coforge Ltd | Equity | ₹282.88 Cr | 2.47% |
| Ashok Leyland Ltd | Equity | ₹280.5 Cr | 2.45% |
| Hitachi Energy India Ltd Ordinary Shares | Equity | ₹279.44 Cr | 2.44% |
| Mazagon Dock Shipbuilders Ltd | Equity | ₹275.16 Cr | 2.40% |
| Multi Commodity Exchange of India Ltd | Equity | ₹274.28 Cr | 2.39% |
| KEI Industries Ltd | Equity | ₹267.99 Cr | 2.34% |
| SBI Cards and Payment Services Ltd Ordinary Shares | Equity | ₹263.68 Cr | 2.30% |
| Voltas Ltd | Equity | ₹252.36 Cr | 2.20% |
| The Federal Bank Ltd | Equity | ₹245.33 Cr | 2.14% |
| CG Power & Industrial Solutions Ltd | Equity | ₹241.82 Cr | 2.11% |
| Blue Star Ltd | Equity | ₹220.97 Cr | 1.93% |
| FSN E-Commerce Ventures Ltd | Equity | ₹217.65 Cr | 1.90% |
| Bharti Hexacom Ltd | Equity | ₹216.39 Cr | 1.89% |
| PB Fintech Ltd | Equity | ₹194.89 Cr | 1.70% |
| Transformers & Rectifiers (India) Ltd | Equity | ₹192.91 Cr | 1.68% |
| Safari Industries (India) Ltd | Equity | ₹186.62 Cr | 1.63% |
| Treps | Cash - Repurchase Agreement | ₹180.02 Cr | 1.57% |
| Abbott India Ltd | Equity | ₹178.83 Cr | 1.56% |
| JK Cement Ltd | Equity | ₹164.71 Cr | 1.44% |
| Bharat Electronics Ltd | Equity | ₹160.99 Cr | 1.40% |
| Indian Hotels Co Ltd | Equity | ₹157.8 Cr | 1.38% |
| Mahindra & Mahindra Ltd | Equity | ₹154.11 Cr | 1.34% |
| Radico Khaitan Ltd | Equity | ₹141.58 Cr | 1.23% |
| Biocon Ltd | Equity | ₹137.03 Cr | 1.19% |
| Piramal Pharma Ltd | Equity | ₹133.69 Cr | 1.17% |
| Kaynes Technology India Ltd | Equity | ₹131.74 Cr | 1.15% |
| Aditya Birla Real Estate Ltd | Equity | ₹131.34 Cr | 1.15% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹123.66 Cr | 1.08% |
| Bajaj Finance Ltd | Equity | ₹111.54 Cr | 0.97% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹109.25 Cr | 0.95% |
| TVS Motor Co Ltd | Equity | ₹108.98 Cr | 0.95% |
| Torrent Power Ltd | Equity | ₹93.43 Cr | 0.81% |
| NTPC Green Energy Ltd | Equity | ₹92.51 Cr | 0.81% |
| Divi's Laboratories Ltd | Equity | ₹90.45 Cr | 0.79% |
| PG Electroplast Ltd | Equity | ₹76.26 Cr | 0.66% |
| Global Health Ltd | Equity | ₹58.16 Cr | 0.51% |
| HDFC Asset Management Co Ltd | Equity | ₹44.77 Cr | 0.39% |
| Oberoi Realty Ltd | Equity | ₹36.88 Cr | 0.32% |
| Shriram Finance Ltd | Equity | ₹34.47 Cr | 0.30% |
| Apar Industries Ltd | Equity | ₹24.84 Cr | 0.22% |
| Data Patterns (India) Ltd | Equity | ₹22.61 Cr | 0.20% |
| Godrej Properties Ltd | Equity | ₹20.05 Cr | 0.17% |
| Johnson Controls - Hitachi Air Conditioning India Ltd | Equity | ₹18.74 Cr | 0.16% |
| CRISIL Ltd | Equity | ₹13.43 Cr | 0.12% |
| Prestige Estates Projects Ltd | Equity | ₹9.77 Cr | 0.09% |
| L&T Technology Services Ltd | Equity | ₹9.76 Cr | 0.09% |
| Firstsource Solutions Ltd | Equity | ₹9.42 Cr | 0.08% |
| Net Current Assets (Including Cash & Bank Balances) | Cash | ₹-7.38 Cr | 0.06% |
| Mankind Pharma Ltd | Equity | ₹6.84 Cr | 0.06% |
| KPIT Technologies Ltd | Equity | ₹6.31 Cr | 0.06% |
| Polycab India Ltd | Equity | ₹5.62 Cr | 0.05% |
| Axis Bank Ltd | Equity | ₹5.53 Cr | 0.05% |
| Mahindra & Mahindra Financial Services Ltd | Equity | ₹5.23 Cr | 0.05% |
| Cohance Lifesciences Ltd | Equity | ₹4.8 Cr | 0.04% |
| Mphasis Ltd | Equity | ₹4.53 Cr | 0.04% |
| Ipca Laboratories Ltd | Equity | ₹4.02 Cr | 0.04% |
| Gujarat Fluorochemicals Ltd Ordinary Shares | Equity | ₹3.73 Cr | 0.03% |
| Swiggy Ltd | Equity | ₹3.23 Cr | 0.03% |
| JSW Energy Ltd | Equity | ₹2.23 Cr | 0.02% |
| Indian Bank | Equity | ₹1.81 Cr | 0.02% |
| Sundaram Finance Ltd | Equity | ₹1.58 Cr | 0.01% |
| Sonata Software Ltd | Equity | ₹1.04 Cr | 0.01% |
| Supreme Industries Ltd | Equity | ₹0.6 Cr | 0.01% |
| Bharat Heavy Electricals Ltd | Equity | ₹0.54 Cr | 0.00% |
| ABB India Ltd | Equity | ₹0.54 Cr | 0.00% |
| Bajaj Auto Ltd | Equity | ₹0.52 Cr | 0.00% |
| Thermax Ltd | Equity | ₹0.37 Cr | 0.00% |
| Motilal Oswal Financial Services Ltd | Equity | ₹0.33 Cr | 0.00% |
| Suzlon Energy Ltd | Equity | ₹0.3 Cr | 0.00% |
| Mahindra &Mah Fin | Equity | ₹0.17 Cr | 0.00% |
| Bharat Forge Ltd | Equity | ₹0.1 Cr | 0.00% |
| Cummins India Ltd | Equity | ₹0.1 Cr | 0.00% |
Allocation By Market Cap (Equity)
Large Cap Stocks
17.87%
Mid Cap Stocks
66.87%
Small Cap Stocks
13.76%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Industrials | ₹2,631.98 Cr | 22.95% |
| Financial Services | ₹2,525.58 Cr | 22.02% |
| Consumer Cyclical | ₹2,313.75 Cr | 20.17% |
| Healthcare | ₹1,425.28 Cr | 12.43% |
| Technology | ₹1,161.49 Cr | 10.13% |
| Consumer Defensive | ₹467.83 Cr | 4.08% |
| Basic Materials | ₹299.77 Cr | 2.61% |
| Communication Services | ₹216.39 Cr | 1.89% |
| Utilities | ₹188.17 Cr | 1.64% |
| Real Estate | ₹66.7 Cr | 0.58% |
Risk & Performance Ratios
Standard Deviation
This fund
17.23%
Cat. avg.
16.64%
Lower the better
Sharpe Ratio
This fund
1.07
Cat. avg.
1.01
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.72
Higher the better
Fund Managers
CG
Cheenu Gupta
Since November 2022
SG
Sonal Gupta
Since October 2023
Additional Scheme Detailsas of 31st May 2025
ISIN | INF917K01FZ1 | Expense Ratio | 0.68% | Exit Load | 1.00% | Fund Size | ₹11,470 Cr | Age | 12 years 5 months | 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
Capital Gains Taxation:
- If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
- If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
- Holding the units: No tax is applicable as long as you continue to hold the units.
Dividend Taxation:
Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only 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  |
|---|---|---|---|---|
| Kotak Nifty Midcap 150 ETF Very High Risk | 0.1% | - | ₹1.66 Cr | - |
| Helios Mid Cap Fund Direct Growth Very High Risk | 0.8% | 1.0% | ₹97.67 Cr | - |
| Helios Mid Cap Fund Regular Growth Very High Risk | 2.4% | 1.0% | ₹97.67 Cr | - |
| ICICI Prudential Nifty Midcap 150 ETF Very High Risk | 0.1% | - | ₹465.60 Cr | 3.0% |
| ICICI Prudential Midcap Select ETF Very High Risk | 0.1% | - | ₹87.19 Cr | 1.3% |
| Zerodha Nifty Midcap 150 ETF Very High Risk | 0.2% | - | ₹81.69 Cr | 3.6% |
| LIC MF Nifty Midcap 100 ETF Very High Risk | 0.2% | - | ₹712.43 Cr | 4.9% |
| HDFC NIFTY Midcap 150 ETF Very High Risk | 0.2% | - | ₹88.82 Cr | 3.0% |
| UTI Nifty Midcap 150 ETF Very High Risk | 0.2% | - | ₹9.80 Cr | 3.0% |
| Invesco India Mid Cap Fund Regular Growth Very High Risk | 1.8% | 1.0% | ₹6641.11 Cr | 13.6% |
About the AMC
Total AUM
₹1,22,950 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 18-Jun-2025, is ₹430.17.
What are the returns of HSBC Midcap Fund Direct Growth?
The fund has generated 3.51% over the last 1 year and 29.92% 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 98.49% in equities, 0.00% in bonds, and 1.51% in cash and cash equivalents.
Who manages the HSBC Midcap Fund Direct Growth?
The fund managers responsible for HSBC Midcap Fund Direct Growth are:-
- 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.