Fund Overview
Fund Size
₹11,882 Cr
Expense Ratio
0.67%
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, 8 months and 6 days, having been launched on 01-Jan-13.
As of 05-Sep-24, it has a Net Asset Value (NAV) of ₹441.57, Assets Under Management (AUM) of 11882.09 Crores, and an expense ratio of 0.67%.
As of 05-Sep-24, it has a Net Asset Value (NAV) of ₹441.57, Assets Under Management (AUM) of 11882.09 Crores, and an expense ratio of 0.67%.
- HSBC Midcap Fund Direct Growth has given a CAGR return of 22.11% since inception.
- The fund's asset allocation comprises around 98.29% in equities, 0.00% in debts, and 1.71% 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
+57.61%
+47.93% (Cat Avg.)
3 Years
+25.52%
+24.77% (Cat Avg.)
5 Years
+28.77%
+29.95% (Cat Avg.)
10 Years
+19.85%
+18.76% (Cat Avg.)
Since Inception
+22.11%
— (Cat Avg.)
Portfolio Summaryas of 31st July 2024
| Equity | ₹11,679.22 Cr | 98.29% |
| Others | ₹202.87 Cr | 1.71% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Suzlon Energy Ltd | Equity | ₹627.24 Cr | 5.28% |
| Cummins India Ltd | Equity | ₹373.72 Cr | 3.15% |
| Godrej Properties Ltd | Equity | ₹344.94 Cr | 2.90% |
| JSW Energy Ltd | Equity | ₹334.82 Cr | 2.82% |
| Trent Ltd | Equity | ₹333.06 Cr | 2.80% |
| Bharat Heavy Electricals Ltd | Equity | ₹328.33 Cr | 2.76% |
| HDFC Asset Management Co Ltd | Equity | ₹300.3 Cr | 2.53% |
| Prestige Estates Projects Ltd | Equity | ₹289.51 Cr | 2.44% |
| CG Power & Industrial Solutions Ltd | Equity | ₹286.44 Cr | 2.41% |
| Indian Bank | Equity | ₹262.39 Cr | 2.21% |
| Dixon Technologies (India) Ltd | Equity | ₹252.3 Cr | 2.12% |
| Max Healthcare Institute Ltd Ordinary Shares | Equity | ₹235.14 Cr | 1.98% |
| The Federal Bank Ltd | Equity | ₹234.81 Cr | 1.98% |
| Bharat Electronics Ltd | Equity | ₹230.81 Cr | 1.94% |
| Lupin Ltd | Equity | ₹230.06 Cr | 1.94% |
| Power Finance Corp Ltd | Equity | ₹215.88 Cr | 1.82% |
| KEI Industries Ltd | Equity | ₹214.07 Cr | 1.80% |
| Bharat Forge Ltd | Equity | ₹213.89 Cr | 1.80% |
| KPIT Technologies Ltd | Equity | ₹213.62 Cr | 1.80% |
| Persistent Systems Ltd | Equity | ₹212.72 Cr | 1.79% |
| Apar Industries Ltd | Equity | ₹208.58 Cr | 1.76% |
| Treps | Cash - Repurchase Agreement | ₹196.72 Cr | 1.66% |
| Torrent Power Ltd | Equity | ₹195.29 Cr | 1.64% |
| Indian Hotels Co Ltd | Equity | ₹187.07 Cr | 1.57% |
| FSN E-Commerce Ventures Ltd | Equity | ₹186.44 Cr | 1.57% |
| Voltas Ltd | Equity | ₹181.16 Cr | 1.52% |
| Godfrey Phillips India Ltd | Equity | ₹179.56 Cr | 1.51% |
| Multi Commodity Exchange of India Ltd | Equity | ₹178.21 Cr | 1.50% |
| Hitachi Energy India Ltd Ordinary Shares | Equity | ₹169.93 Cr | 1.43% |
| PB Fintech Ltd | Equity | ₹166.3 Cr | 1.40% |
| Nippon Life India Asset Management Ltd Ordinary Shares | Equity | ₹161.25 Cr | 1.36% |
| Sundaram Finance Ltd | Equity | ₹158.99 Cr | 1.34% |
| Oberoi Realty Ltd | Equity | ₹153.36 Cr | 1.29% |
| Phoenix Mills Ltd | Equity | ₹152.16 Cr | 1.28% |
| NTPC Ltd | Equity | ₹148.64 Cr | 1.25% |
| Avenue Supermarts Ltd | Equity | ₹135.8 Cr | 1.14% |
| Mazagon Dock Shipbuilders Ltd | Equity | ₹134.81 Cr | 1.13% |
| Jindal Stainless Ltd | Equity | ₹134.37 Cr | 1.13% |
| Timken India Ltd | Equity | ₹130.22 Cr | 1.10% |
| Supreme Industries Ltd | Equity | ₹124.97 Cr | 1.05% |
| Blue Star Ltd | Equity | ₹124.21 Cr | 1.05% |
| NCC Ltd | Equity | ₹122.63 Cr | 1.03% |
| Zomato Ltd | Equity | ₹114.73 Cr | 0.97% |
| Transformers & Rectifiers (India) Ltd | Equity | ₹114.17 Cr | 0.96% |
| Biocon Ltd | Equity | ₹110.87 Cr | 0.93% |
| Bajaj Auto Ltd | Equity | ₹109.01 Cr | 0.92% |
| BEML Ltd | Equity | ₹105.87 Cr | 0.89% |
| Exide Industries Ltd | Equity | ₹104.81 Cr | 0.88% |
| Gland Pharma Ltd | Equity | ₹97.57 Cr | 0.82% |
| Karnataka Bank Ltd | Equity | ₹96.35 Cr | 0.81% |
| EIH Ltd | Equity | ₹95.75 Cr | 0.81% |
| Data Patterns (India) Ltd | Equity | ₹95.49 Cr | 0.80% |
| Thermax Ltd | Equity | ₹94.02 Cr | 0.79% |
| Ipca Laboratories Ltd | Equity | ₹91.69 Cr | 0.77% |
| Ratnamani Metals & Tubes Ltd | Equity | ₹90.75 Cr | 0.76% |
| Bharti Hexacom Ltd | Equity | ₹83.7 Cr | 0.70% |
| Tube Investments of India Ltd Ordinary Shares | Equity | ₹82.8 Cr | 0.70% |
| Polycab India Ltd | Equity | ₹80.31 Cr | 0.68% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹74.36 Cr | 0.63% |
| CRISIL Ltd | Equity | ₹68.37 Cr | 0.58% |
| Coforge Ltd | Equity | ₹65.26 Cr | 0.55% |
| Johnson Controls - Hitachi Air Conditioning India Ltd | Equity | ₹57.51 Cr | 0.48% |
| BSE Ltd | Equity | ₹54.76 Cr | 0.46% |
| Zydus Lifesciences Ltd | Equity | ₹53.82 Cr | 0.45% |
| H.G. Infra Engineering Ltd Ordinary Shares | Equity | ₹53.17 Cr | 0.45% |
| Bosch Ltd | Equity | ₹51.42 Cr | 0.43% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹49.98 Cr | 0.42% |
| Sonata Software Ltd | Equity | ₹45.39 Cr | 0.38% |
| REC Ltd | Equity | ₹43.55 Cr | 0.37% |
| APL Apollo Tubes Ltd | Equity | ₹41.61 Cr | 0.35% |
| Aarti Industries Ltd | Equity | ₹37.78 Cr | 0.32% |
| Container Corporation of India Ltd | Equity | ₹37.46 Cr | 0.32% |
| Radico Khaitan Ltd | Equity | ₹32.53 Cr | 0.27% |
| Global Health Ltd | Equity | ₹28.52 Cr | 0.24% |
| Sterling and Wilson Renewable Energy Ltd | Equity | ₹27.83 Cr | 0.23% |
| Birlasoft Ltd | Equity | ₹25.32 Cr | 0.21% |
| ABB India Ltd | Equity | ₹24.88 Cr | 0.21% |
| Suven Pharmaceuticals Ltd | Equity | ₹24.52 Cr | 0.21% |
| Bank of India | Equity | ₹23.01 Cr | 0.19% |
| L&T Technology Services Ltd | Equity | ₹22.95 Cr | 0.19% |
| JK Cement Ltd | Equity | ₹17.67 Cr | 0.15% |
| Carborundum Universal Ltd | Equity | ₹17.05 Cr | 0.14% |
| Gujarat Fluorochemicals Ltd Ordinary Shares | Equity | ₹13.13 Cr | 0.11% |
| Sundaram Fasteners Ltd | Equity | ₹8.12 Cr | 0.07% |
| TVS Motor Co Ltd | Equity | ₹7.26 Cr | 0.06% |
| Varun Beverages Ltd | Equity | ₹6.85 Cr | 0.06% |
| Abbott India Ltd | Equity | ₹6.53 Cr | 0.05% |
| Net Current Assets (Including Cash & Bank Balances) | Cash | ₹6.15 Cr | 0.05% |
| Tech Mahindra Ltd | Equity | ₹5.99 Cr | 0.05% |
| Hindustan Petroleum Corp Ltd | Equity | ₹5.7 Cr | 0.05% |
| Mankind Pharma Ltd | Equity | ₹5.62 Cr | 0.05% |
| Mphasis Ltd | Equity | ₹5.47 Cr | 0.05% |
Allocation By Market Cap (Equity)
Large Cap Stocks
13.35%
Mid Cap Stocks
67.52%
Small Cap Stocks
16.71%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Industrials | ₹3,842.37 Cr | 32.34% |
| Financial Services | ₹2,038.53 Cr | 17.16% |
| Consumer Cyclical | ₹1,469.06 Cr | 12.36% |
| Technology | ₹1,046.77 Cr | 8.81% |
| Real Estate | ₹939.97 Cr | 7.91% |
| Healthcare | ₹884.33 Cr | 7.44% |
| Utilities | ₹678.75 Cr | 5.71% |
| Consumer Defensive | ₹354.73 Cr | 2.99% |
| Basic Materials | ₹335.31 Cr | 2.82% |
| Communication Services | ₹83.7 Cr | 0.70% |
| Energy | ₹5.7 Cr | 0.05% |
Risk & Performance Ratios
Standard Deviation
This fund
12.79%
Cat. avg.
14.34%
Lower the better
Sharpe Ratio
This fund
1.46
Cat. avg.
1.26
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
2.62
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 31st July 2024
ISIN | INF917K01FZ1 | Expense Ratio | 0.67% | Exit Load | 1.00% | Fund Size | ₹11,882 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
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  |
|---|---|---|---|---|
| Bandhan Midcap Fund Regular Growth Very High Risk | 2.1% | 1.0% | ₹1459.13 Cr | 45.8% |
| Bandhan Midcap Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹1459.13 Cr | 48.1% |
| Motilal Oswal Midcap Fund Regular Growth Very High Risk | 1.7% | 1.0% | ₹14445.55 Cr | 60.6% |
| 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% | ₹17454.59 Cr | 41.0% |
| Mirae Asset Midcap Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹17454.59 Cr | 42.6% |
| Axis Midcap Fund Regular Growth Very High Risk | 1.6% | 1.0% | ₹30854.63 Cr | 43.9% |
| Mahindra Manulife Mid Cap Fund Direct Growth Very High Risk | 0.4% | 1.0% | ₹3292.76 Cr | 54.8% |
| Mahindra Manulife Mid Cap Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹3292.76 Cr | 52.5% |
| Tata Mid Cap Growth Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹4466.53 Cr | 44.2% |
About the AMC
Total AUM
₹1,21,564 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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What is the current NAV of HSBC Midcap Fund Direct Growth?
The NAV of HSBC Midcap Fund Direct Growth, as of 05-Sep-2024, is ₹441.57.
What are the returns of HSBC Midcap Fund Direct Growth?
The fund has generated 57.61% over the last 1 year and 25.52% 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 98.29% in equities, 0.00% in bonds, and 1.71% 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.