HSBC Midcap Fund - Direct (IDCW)

Mid Cap Fund

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NAV
80.39(2.01%)
Fund Size (CR)
₹12,447.7
Expense Ratio
0.65
Scheme Type
Active Fund
Value Research
-

Min. investment
₹5,000
Minimum Additional Investment
₹0
Minimum SIP Investment
₹500
Minimum Withdrawal
₹500
Exit Load
0%
Return Since Launch
18.47%

Absolute Return: -8.35%

Annualized Return: 0%

Basic Details

Scheme Manager

Cheenu Gupta

Bench Mark

Nifty Midcap 150 TRI

Type

OPEN

Lumpsum Returns

Period Invested For	₹10,000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	March 16, 2026	9729.18	-2.71%	-	-3.22%	18/129
1 Month	February 23, 2026	9045.67	-9.54%	-	-10.72%	9/129
3 Month	December 23, 2025	8957.49	-10.43%	-	-12.16%	28/127
6 Month	September 23, 2025	9131.53	-8.68%	-	-11.26%	26/127
1 Year	March 21, 2025	10836.28	8.36%	8.36%	1.01%	5/123
3 Year	March 23, 2023	18609.57	86.10%	22.98%	19.20%	16/119
5 Year	March 23, 2021	22187.86	121.88%	17.27%	16.26%	38/103
Since Inception	January 2, 2013	94145.07	841.45%	18.47%	15.46%	35/129

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For	₹10,000 Invested on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	April 1, 2025	1,20,000	278303.93	131.92%	131.92%
3 Year	April 3, 2023	3,60,000	920704.18	155.75%	36.75%
5 Year	April 1, 2021	6,00,000	1759014.57	193.17%	24.00%
10 Year	April 1, 2016	12,00,000	4494929.55	274.58%	14.12%

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

Monthly Investment (₹)

Minimum value allowed is 500

Expected Returns Rate (%)

Minimum value allowed is 1

Time Period (in Years)

Minimum value allowed is 1

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Invested Amount
₹25,000
Estimated Returns
₹19,059

76%

Returns

Future value of your investment

₹44,059

Risk Ratios

4.85%

Standard Deviation

0.99%

Beta

1.13%

Sharpe Ratio

0.04%

Treynor's Ratio

1.93%

Jension's Alpha

Asset Allocation

Sector Allocation

Top 10 stock holding in portfolio

Stock Invested in	% of Total Holdings	Quantity	Value (Cr)	Asset Type	Segment
Ashok Leyland	5.30%	31254726	659.79	Equity	Automobile
FSN E-Commerce	5.22%	24497300	650.35	Equity	E-Commerce/App based Aggregator
GE Vernova T&D	4.58%	1480842	570.15	Equity	Capital Goods - Electrical Equipment
Federal Bank	3.95%	16387277	491.37	Equity	Banks
Hitachi Energy	3.87%	188451	481.72	Equity	Capital Goods - Electrical Equipment
Lenskart Solut.	3.61%	8367800	449.69	Equity	FMCG
Polycab India	3.48%	503455	433.50	Equity	Cables
BSE	3.35%	1538664	416.53	Equity	Financial Services
Bharat Electron	3.29%	9206692	409.42	Equity	Aerospace & Defence
PB Fintech.	3.28%	2759200	408.80	Equity	IT - Software

Peer Comparison

Scheme Name	Asset Size (Cr)	1M	3M	6M	1Y	3Y
HSBC Midcap Fund - Direct (IDCW)	12447.70	-9.54%	-10.43%	-8.68%	8.36%	22.98%
ICICI Pru MidCap Fund - Direct (IDCW)	7280.38	-10.24%	-8.67%	-4.45%	11.92%	23.20%
ICICI Pru MidCap Fund - Direct (G)	7280.38	-10.24%	-8.66%	-4.46%	11.92%	23.20%
HSBC Midcap Fund - Direct (G)	12447.70	-9.54%	-10.43%	-8.68%	8.36%	22.98%
Helios Mid Cap Fund - Direct (G)	1227.83	-11.16%	-14.87%	-13.40%	6.70%	-
Helios Mid Cap Fund - Direct (IDCW)	1227.83	-11.16%	-14.87%	-13.40%	6.70%	-

List of Schemes under HSBC Mutual Fund

Fund Name	Category	Risk	1Y Returns	Ratings	Fund Size (Cr)
HSBC Dynamic Bond Fund	Debt	Moderate	3.84%	3	₹136.72
HSBC Money Market Fund	Debt	Moderately Low	6.89%	3	₹5,276.76
HSBC Gilt Fund	Debt	Moderate	1.29%	3	₹222.01
HSBC Balanced Advantage Fund	Hybrid	Moderately High	1.65%	3	₹1,534.95
HSBC Aggressive Hybrid Fund	Hybrid	Very High	4.56%	2	₹5,458.69
HSBC Value Fund	Equity	Very High	4.74%	4	₹14,750.42
HSBC Infrastructure Fund	Equity	Very High	-0.42%	3	₹2,300.26
HSBC Banking and PSU Debt Fund	Debt	Moderate	6.51%	3	₹4,513.66
HSBC Midcap Fund	Equity	Very High	8.36%	3	₹12,447.70
HSBC Low Duration Fund	Debt	Moderately Low	8.28%	4	₹1,038.17
HSBC Short Duration Fund	Debt	Moderately Low	6.7%	2	₹4,284.76
HSBC ELSS Tax Saver Fund	Equity	Very High	-1.95%	3	₹4,022.86
HSBC Corporate Bond Fund	Debt	Moderate	6.86%	1	₹6,121.15
HSBC Credit Risk Fund	Debt	Moderately High	18.87%	3	₹476.69
HSBC Equity Saving Fund	Hybrid	Moderate	8.98%	3	₹780.14
HSBC Global Emerging Markets Fund	Other	Very High	41.85%	0	₹386.88
HSBC Brazil Fund	Other	Very High	54.49%	0	₹389.52
HSBC Liquid Fund	Debt	Moderately Low	6.29%	4	₹19,258.67
HSBC Large Cap Fund	Equity	Very High	-0.09%	3	₹1,893.80
HSBC Flexi Cap Fund	Equity	Very High	-1.09%	4	₹5,278.84
HSBC Medium to Long Duration Fund	Debt	Moderate	3.77%	3	₹47.57
HSBC Conservative Hybrid Fund	Hybrid	Moderately High	4.08%	3	₹136.95
HSBC Asia Pacific (Ex Japan) DYF	Other	Very High	41.39%	0	₹68.44
HSBC Aggressive Hybrid Active FOF	Other	Very High	1.54%	3	₹44.53
HSBC Multi Asset Active FOF	Other	Very High	11.09%	2	₹89.81
HSBC Income Plus Arbitrage Active FOF	Other	Moderately Low	6.07%	0	₹551.31
HSBC Small Cap Fund	Equity	Very High	-7.52%	3	₹15,374.92
HSBC Arbitrage Fund	Hybrid	Low	6.84%	3	₹2,432.78
HSBC Business Cycles Fund	Equity	Very High	-5.4%	0	₹1,101.49
HSBC Medium Duration Fund	Debt	Moderate	6.97%	4	₹742.06
HSBC Large and Mid Cap Fund	Equity	Very High	4.35%	3	₹4,706.03
HSBC Overnight Fund	Debt	Low	5.51%	4	₹4,728.55
HSBC Ultra Short Duration Fund	Debt	Moderately Low	6.73%	3	₹2,598.35
HSBC Nifty 50 Index Fund	Other	Very High	-2.74%	3	₹388.62
HSBC Nifty Next 50 Index Fund	Other	Very High	-1.94%	1	₹145.81
HSBC Focused Fund	Equity	Very High	1.65%	2	₹1,693.16
HSBC Global Equity Climate Change FoF	Other	Very High	22.63%	0	₹54.40
HSBC CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund	Other	Moderate	7.12%	0	₹1,975.49
HSBC Multi Cap Fund	Equity	Very High	1.19%	0	₹5,301.35
HSBC CRISIL IBX Gilt June 2027 Index Fund	Other	Moderate	7.15%	0	₹188.96
HSBC Consumption Fund	Equity	Very High	-4.76%	0	₹1,685.44
HSBC Multi Asset Allocation Fund	Hybrid	Very High	15.94%	0	₹2,783.12
HSBC India Export Opportunities Fund	Equity	Very High	-0.31%	0	₹1,262.65
HSBC Financial Services Fund	Equity	Very High	4.5%	0	₹863.59

News

HSBC Mutual Fund announces Income Distribution cum capital withdrawal (IDCW)
HSBC Mutual Fund has announced 25 March 2026 as the record date for declaration of IDCW Income Distribution cum Capital Withdrawal (IDCW) under the following schemes. The quantum of dividend (Rs per unit) on the face value of Rs 10 per unit will be:
HSBC Aggressive Hybrid Fund ' Regular Plan ' IDCW Option: 0.190
HSBC Aggressive Hybrid Fund ' Direct Plan ' IDCW Option: 0.215
HSBC Balanced Advantage Fund ' Regular Plan ' IDCW Option: 0.122
HSBC Balanced Advantage Fund ' Direct Plan ' IDCW Option: 0.143
HSBC Equity Savings Fund ' Regular Plan ' Quarterly IDCW Option: 0.320
HSBC Equity Savings Fund ' Direct Plan ' Quarterly IDCW Option: 0.350
HSBC ELSS Tax Saver Fund ' Regular Plan ' IDCW Option: 1.100
HSBC ELSS Tax Saver Fund ' Direct Plan ' IDCW Option: 1.600
HSBC Large Cap Fund ' Regular Plan ' IDCW Option: 1.750
HSBC Large Cap Fund ' Direct Plan ' IDCW Option: 1.900
HSBC Global Emerging Markets Fund ' Regular Plan ' IDCW Option: 1.600
HSBC Global Emerging Markets Fund ' Direct Plan ' IDCW Option: 1.850
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HSBC Mutual Fund announces change in fund manager under its scheme

HSBC Mutual Fund has announced change in fund manager under the following scheme, With effect from 18 March 2026.

Change in Fund Manager:

Scheme Name	Existing Fund Manager(s)	Revised Fund Manager(s)
HSBC Multi Asset Allocation Fund	' Cheenu Gupta (Equity), ' Dipan Parikh (Gold / Silver ETFs), ' Mahesh Chhabria & Mohd. Asif Rizwi (Fixed Income) and ' Mayank Chaturvedi (Foreign Securities)	' Cheenu Gupta (Equity), ' Praveen Ayathan (Arbitrage), ' Dipan Parikh (Gold / Silver ETFs), ' Mahesh Chhabria & Mohd. Asif Rizwi (Fixed Income) and ' Mayank Chaturvedi (Foreign Securities)

Scheme Name

Existing Fund Manager(s)

Revised Fund Manager(s)

HSBC Multi Asset Allocation Fund

' Cheenu Gupta (Equity),

' Dipan Parikh (Gold / Silver ETFs),

' Mahesh Chhabria & Mohd. Asif Rizwi (Fixed Income) and

' Mayank Chaturvedi (Foreign Securities)

' Cheenu Gupta (Equity),

' Praveen Ayathan (Arbitrage),

' Dipan Parikh (Gold / Silver ETFs),

' Mahesh Chhabria & Mohd. Asif Rizwi (Fixed Income) and

' Mayank Chaturvedi (Foreign Securities)

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HSBC Mutual Fund announces Income Distribution cum capital withdrawal (IDCW)
HSBC Mutual Fund has announced 25 February 2026 as the record date for declaration of IDCW Income Distribution cum Capital Withdrawal (IDCW) under the following schemes. The quantum of dividend (Rs per unit) on the face value of Rs 10 per unit will be:
HSBC Aggressive Hybrid Fund ' Regular Plan ' IDCW Option: 0.190
HSBC Aggressive Hybrid Fund ' Direct Plan ' IDCW Option: 0.215
HSBC Balanced Advantage Fund ' Regular Plan ' IDCW Option: 0.122
HSBC Balanced Advantage Fund ' Direct Plan ' IDCW Option: 0.143
HSBC Multi Asset Allocation Fund ' Regular Plan ' IDCW Option: 1.200
HSBC Multi Asset Allocation Fund ' Direct Plan ' IDCW Option: 0.440
HSBC Aggressive Hybrid Fund ' Regular Plan ' Annual IDCW Option: 1.500
HSBC Aggressive Hybrid Fund ' Direct Plan ' Annual IDCW Option: 1.700
HSBC Flexi Cap Fund ' Regular Plan ' IDCW Option: 4.000
HSBC Flexi Cap Fund ' Direct Plan ' IDCW Option: 4.150
HSBC Asia Pacific (Ex Japan) DYF ' Regular Plan ' IDCW Option: 2.150
HSBC Asia Pacific (Ex Japan) DYF ' Direct Plan ' IDCW Option: 2.150
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Fund House Details & Investment Objective

Date of Incorporation

January 1, 2013

Total AUM (Cr)

₹12447.70

HSBC Midcap Fund - Direct (IDCW) is an Mid Cap Fund-oriented fund from the renowned AMC, HSBC Mutual Fund. Launched in January 1, 2013, this fund is managed by Cheenu Gupta. With assets under management (AUM) worth ₹12,447.7 (Cr), as of March 24, 2026, HSBC Midcap Fund - Direct (IDCW) is categorized as a Mid Cap Fund within its segment. The fund has generated a return of 18.47% since its launch.
The current NAV of HSBC Midcap Fund - Direct (IDCW) is ₹80.39, as on March 24, 2026. The fund's benchmark index is Nifty Midcap 150 TRI. You can invest in HSBC Midcap Fund - Direct (IDCW) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹500 while the minimum lumpsum investment is ₹5,000.

Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
The fund has generated 22.98% and 17.27% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 97.94% in Equity, 1.98% in Debt and 0.09% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 14.04% in Capital Markets, 12.69% in Banks, 9.43% in Retailing, 8.42% in Finance, 7.77% in Electrical Equipments

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