HSBC Midcap Fund Direct Growth

Fund Overview

Fund Size

₹10,753 Cr

Expense Ratio

0.69%

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, 1 months and 21 days, having been launched on 01-Jan-13.
As of 21-Feb-25, it has a Net Asset Value (NAV) of ₹370.72, Assets Under Management (AUM) of 10752.86 Crores, and an expense ratio of 0.69%.

HSBC Midcap Fund Direct Growth has given a CAGR return of 19.45% since inception.
The fund's asset allocation comprises around 99.14% in equities, 0.00% in debts, and 0.86% 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

+6.64%

+6.98% (Cat Avg.)

3 Years

+20.38%

+18.99% (Cat Avg.)

5 Years

+19.56%

+21.61% (Cat Avg.)

10 Years

+15.48%

+14.87% (Cat Avg.)

Since Inception

+19.45%

— (Cat Avg.)

Portfolio Summaryas of 31st January 2025

Equity	₹10,660.16 Cr	99.14%
Others	₹92.69 Cr	0.86%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
CG Power & Industrial Solutions Ltd	Equity	₹540.98 Cr	5.03%
Persistent Systems Ltd	Equity	₹499.08 Cr	4.64%
PB Fintech Ltd	Equity	₹494.02 Cr	4.59%
BSE Ltd	Equity	₹492.95 Cr	4.58%
Dixon Technologies (India) Ltd	Equity	₹456.77 Cr	4.25%
Zomato Ltd	Equity	₹387.74 Cr	3.61%
Max Healthcare Institute Ltd Ordinary Shares	Equity	₹387.14 Cr	3.60%
HDFC Asset Management Co Ltd	Equity	₹373.21 Cr	3.47%
Indian Hotels Co Ltd	Equity	₹365.69 Cr	3.40%
Trent Ltd	Equity	₹365.27 Cr	3.40%
Coforge Ltd	Equity	₹363.53 Cr	3.38%
The Federal Bank Ltd	Equity	₹351.97 Cr	3.27%
GE Vernova T&D India Ltd	Equity	₹320.02 Cr	2.98%
JSW Energy Ltd	Equity	₹319.84 Cr	2.97%
Godrej Properties Ltd	Equity	₹316.25 Cr	2.94%
Hitachi Energy India Ltd Ordinary Shares	Equity	₹292 Cr	2.72%
Lupin Ltd	Equity	₹276.42 Cr	2.57%
Mazagon Dock Shipbuilders Ltd	Equity	₹260.22 Cr	2.42%
Blue Star Ltd	Equity	₹242.88 Cr	2.26%
Multi Commodity Exchange of India Ltd	Equity	₹238.17 Cr	2.21%
KEI Industries Ltd	Equity	₹230.77 Cr	2.15%
Bharat Electronics Ltd	Equity	₹213.72 Cr	1.99%
Apar Industries Ltd	Equity	₹208.28 Cr	1.94%
Torrent Power Ltd	Equity	₹181.47 Cr	1.69%
Nippon Life India Asset Management Ltd Ordinary Shares	Equity	₹177.7 Cr	1.65%
Transformers & Rectifiers (India) Ltd	Equity	₹164.32 Cr	1.53%
Godfrey Phillips India Ltd	Equity	₹155.04 Cr	1.44%
Piramal Pharma Ltd	Equity	₹150.93 Cr	1.40%
Oberoi Realty Ltd	Equity	₹149.26 Cr	1.39%
Polycab India Ltd	Equity	₹138.39 Cr	1.29%
Safari Industries (India) Ltd	Equity	₹137.45 Cr	1.28%
Mphasis Ltd	Equity	₹135.7 Cr	1.26%
Aditya Birla Real Estate Ltd	Equity	₹132.36 Cr	1.23%
Voltas Ltd	Equity	₹126.22 Cr	1.17%
Suzlon Energy Ltd	Equity	₹118.34 Cr	1.10%
Treps	Cash - Repurchase Agreement	₹105.03 Cr	0.98%
Radico Khaitan Ltd	Equity	₹101.71 Cr	0.95%
Hindustan Aeronautics Ltd Ordinary Shares	Equity	₹97.87 Cr	0.91%
Data Patterns (India) Ltd	Equity	₹80.88 Cr	0.75%
Biocon Ltd	Equity	₹80.58 Cr	0.75%
JK Cement Ltd	Equity	₹75.18 Cr	0.70%
L&T Technology Services Ltd	Equity	₹73.32 Cr	0.68%
Bajaj Auto Ltd	Equity	₹71.21 Cr	0.66%
PG Electroplast Ltd	Equity	₹64.11 Cr	0.60%
Firstsource Solutions Ltd	Equity	₹55.86 Cr	0.52%
Johnson Controls - Hitachi Air Conditioning India Ltd	Equity	₹46.74 Cr	0.43%
Prestige Estates Projects Ltd	Equity	₹35.73 Cr	0.33%
Kaynes Technology India Ltd	Equity	₹28.75 Cr	0.27%
CRISIL Ltd	Equity	₹13.9 Cr	0.13%
Net Current Assets (Including Cash & Bank Balances)	Cash	₹-12.34 Cr	0.11%
TVS Motor Co Ltd	Equity	₹7.05 Cr	0.07%
Cholamandalam Investment and Finance Co Ltd	Equity	₹6.93 Cr	0.06%
Mankind Pharma Ltd	Equity	₹6.75 Cr	0.06%
KPIT Technologies Ltd	Equity	₹6.65 Cr	0.06%
Bharti Hexacom Ltd	Equity	₹6.14 Cr	0.06%
Global Health Ltd	Equity	₹5.84 Cr	0.05%
Mahindra & Mahindra Financial Services Ltd	Equity	₹5.7 Cr	0.05%
Suven Pharmaceuticals Ltd	Equity	₹4.84 Cr	0.04%
Ipca Laboratories Ltd	Equity	₹4.07 Cr	0.04%
Swiggy Ltd	Equity	₹4.03 Cr	0.04%
Gujarat Fluorochemicals Ltd Ordinary Shares	Equity	₹3.75 Cr	0.03%
Indian Bank	Equity	₹1.63 Cr	0.02%
FSN E-Commerce Ventures Ltd	Equity	₹1.53 Cr	0.01%
Sundaram Finance Ltd	Equity	₹1.42 Cr	0.01%
Sonata Software Ltd	Equity	₹1.34 Cr	0.01%
Supreme Industries Ltd	Equity	₹0.57 Cr	0.01%
ABB India Ltd	Equity	₹0.53 Cr	0.00%
Bharat Heavy Electricals Ltd	Equity	₹0.43 Cr	0.00%
Thermax Ltd	Equity	₹0.42 Cr	0.00%
Motilal Oswal Financial Services Ltd	Equity	₹0.26 Cr	0.00%
EIH Ltd	Equity	₹0.1 Cr	0.00%
Bharat Forge Ltd	Equity	₹0.1 Cr	0.00%
Cummins India Ltd	Equity	₹0.09 Cr	0.00%

Allocation By Market Cap (Equity)

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Industrials	₹2,773.69 Cr	25.79%
Financial Services	₹2,157.88 Cr	20.07%
Technology	₹1,948.36 Cr	18.12%
Consumer Cyclical	₹1,386.92 Cr	12.90%
Healthcare	₹916.57 Cr	8.52%
Utilities	₹501.32 Cr	4.66%
Real Estate	₹501.23 Cr	4.66%
Consumer Defensive	₹256.75 Cr	2.39%
Basic Materials	₹211.29 Cr	1.97%
Communication Services	₹6.14 Cr	0.06%

Risk & Performance Ratios

Fund Managers

Venugopal Manghat

Since October 2023

Cheenu Gupta

Since November 2022

Sonal Gupta

Since October 2023

Additional Scheme Detailsas of 31st January 2025

ISIN

INF917K01FZ1

Expense Ratio

0.69%

Exit Load

1.00%

Fund Size

₹10,753 Cr

Age

12 years 1 month

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:

Dividend Taxation:

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
Bandhan Midcap Fund Regular Growth Very High Risk	2.1%	1.0%	₹1490.55 Cr	9.1%
Bandhan Midcap Fund Direct Growth Very High Risk	0.6%	1.0%	₹1490.55 Cr	10.7%
Motilal Oswal Midcap Fund Regular Growth Very High Risk	1.6%	1.0%	₹24488.00 Cr	21.1%
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%	₹15460.84 Cr	-0.6%
Mirae Asset Midcap Fund Direct Growth Very High Risk	0.6%	1.0%	₹15460.84 Cr	0.5%
Axis Midcap Fund Regular Growth Very High Risk	1.6%	1.0%	₹28380.17 Cr	10.3%
Mahindra Manulife Mid Cap Fund Direct Growth Very High Risk	0.5%	1.0%	₹3326.35 Cr	7.6%
Mahindra Manulife Mid Cap Fund Regular Growth Very High Risk	1.9%	1.0%	₹3326.35 Cr	6.0%
Tata Mid Cap Growth Fund Regular Growth Very High Risk	1.9%	1.0%	₹4353.63 Cr	4.3%

About the AMC

HSBC Mutual Fund

+91 22 66145000

https://www.assetmanagement.hsbc.co.in/en/mutual-funds

Total AUM

₹1,30,397 Cr

Address

16, V N Road, Mumbai, 400 001

Other Funds by HSBC Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
HSBC Consumption Fund Direct Growth Very High Risk	0.7%	1.0%	₹1480.05 Cr	10.7%
HSBC Balanced Advantage Fund Direct Growth Moderately High risk	0.8%	1.0%	₹1484.41 Cr	7.1%
HSBC Infrastructure Fund Direct Growth Very High Risk	1.0%	1.0%	₹2305.66 Cr	6.2%
HSBC Aggressive Hybrid Fund Direct Growth Very High Risk	0.8%	1.0%	₹5282.44 Cr	6.0%
HSBC Value Fund Direct Growth Very High Risk	0.8%	1.0%	₹12848.97 Cr	4.7%
HSBC Credit Risk Fund Direct Growth Moderately High risk	0.9%	3.0%	₹583.92 Cr	8.0%
HSBC Banking & PSU Debt Direct Growth Moderate Risk	0.2%	0.0%	₹4128.58 Cr	7.5%
HSBC Midcap Fund Direct Growth Very High Risk	0.7%	1.0%	₹10752.86 Cr	6.6%
HSBC ELSS Fund Direct Growth Very High Risk	1.1%	0.0%	₹3977.42 Cr	12.9%
HSBC Equity Savings Fund Direct Growth Moderate Risk	0.6%	0.0%	₹645.87 Cr	10.1%
HSBC Low Duration Fund Direct Growth Low to Moderate Risk	0.4%	0.0%	₹538.02 Cr	7.9%
HSBC Short Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹3712.11 Cr	8.0%
HSBC Corporate Bond Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹5826.55 Cr	8.1%
HSBC Dynamic Bond Fund Direct Growth Moderate Risk	0.2%	0.0%	₹157.91 Cr	8.1%
HSBC Money Market Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹2456.27 Cr	7.7%
HSBC Gilt Fund Direct Growth Moderate Risk	0.5%	0.0%	₹260.95 Cr	7.7%
HSBC Medium Duration Direct Growth Moderate Risk	0.4%	0.0%	₹744.08 Cr	8.5%
HSBC Focused Fund Direct Growth Very High Risk	0.9%	1.0%	₹1627.93 Cr	3.5%
HSBC Business Cycles Fund Direct Growth Very High Risk	1.2%	1.0%	₹958.69 Cr	8.5%
HSBC Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹3086.96 Cr	6.7%
HSBC Conservative Hybrid Fund Direct Growth Moderately High risk	1.3%	0.0%	₹151.43 Cr	10.1%
HSBC Large Cap Fund Direct Growth Very High Risk	1.2%	1.0%	₹1827.54 Cr	4.6%
HSBC Global Emerging Markets Fund Direct Growth Very High Risk	0.8%	1.0%	₹35.18 Cr	22.5%
HSBC Brazil Fund Direct Growth Very High Risk	1.0%	1.0%	₹50.05 Cr	-10.3%
HSBC Medium to Long Duration Fund Direct Growth Moderate Risk	0.7%	0.0%	₹48.51 Cr	7.9%
HSBC Liquid Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹21378.69 Cr	7.4%
HSBC Flexi Cap Fund Direct Growth Very High Risk	1.2%	1.0%	₹4680.33 Cr	5.9%
HSBC Tax Saver Equity Fund Direct Growth Very High Risk	1.6%	0.0%	₹236.36 Cr	11.2%
HSBC Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹2625.45 Cr	7.7%
HSBC CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹1890.59 Cr	8.2%
HSBC Small Cap Fund Direct Growth Very High Risk	0.7%	1.0%	₹15453.03 Cr	0.7%
HSBC Global Equity Climate Change Fund of Fund Direct Growth Very High Risk	0.8%	1.0%	₹66.83 Cr	10.5%
HSBC Managed Solutions India Conservative Direct Growth Moderately High risk	0.1%	1.0%	₹21.13 Cr	7.9%
HSBC Managed Solutions India Moderate Direct Growth High Risk	0.1%	1.0%	₹56.81 Cr	5.9%
HSBC Managed Solutions India Growth Direct Growth Very High Risk	0.1%	1.0%	₹39.57 Cr	5.1%
HSBC CRISIL IBX Gilt June 2027 Index Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹194.80 Cr	7.9%
HSBC Arbitrage Fund Direct Growth Low Risk	0.3%	0.0%	₹2225.37 Cr	7.7%
HSBC Nifty Next 50 Index Fund Direct Growth Very High Risk	0.3%	1.0%	₹124.26 Cr	3.6%
HSBC Nifty 50 Index Fund Direct Growth Very High Risk	0.2%	1.0%	₹292.73 Cr	4.4%
HSBC Large & Mid Cap Fund Direct Growth Very High Risk	0.9%	1.0%	₹3873.33 Cr	8.8%
HSBC Multi Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹4253.86 Cr	4.5%
HSBC Asia Pacific (Ex Japan) Dividend Yield Fund Direct Growth Very High Risk	1.0%	1.0%	₹8.25 Cr	18.3%

Risk Level

Your principal amount will be at Very High Risk

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Still got questions?
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 21-Feb-2025, is ₹370.72.

What are the returns of HSBC Midcap Fund Direct Growth?

The fund has generated 6.64% over the last 1 year and 20.38% 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 99.14% in equities, 0.00% in bonds, and 0.86% 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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Fund Overview

Fund Size

₹10,753 Cr

Expense Ratio

0.69%

ISIN

INF917K01FZ1

Minimum SIP

₹1,000

Exit Load

1.00%

Inception Date

01 Jan 2013

Risk Level

Your principal amount will be at Very High Risk