HSBC Midcap Fund Direct Growth
Equity
Direct
Mid-Cap
NAV as on 26-12-2024
₹ 457.59
▲0.7%
1D
Inception Returns
21.8%
/yr
About HSBC Midcap Fund Direct Growth
HSBC Midcap Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Cheenu Gupta, Venugopal Manghat, Sonal Gupta. The fund could potentially beat inflation in the long-run.
Key Parameters
- HSBC Midcap Fund Direct Growth has ₹11912 Cr worth of assets under management (AUM) as on Nov 2024 and is more than category average.
- The fund has an expense ratio 0.7.
Returns
HSBC Midcap Fund Direct Growth has given a CAGR return of 21.85% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 43.04%, 27.79% and 26.92% respectively.
Holdings
HSBC Midcap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Financial Services, Consumer Cyclical, Tech, Real Estate, Health, Utilities, Consumer Defensive, Basic Materials, Communication. Its top holdings are Suzlon Energy Ltd, CG Power & Industrial Solutions Ltd, Dixon Technologies (India) Ltd, PB Fintech Ltd, Trent Ltd
Taxation
As it is a mid-cap mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of HSBC Midcap Fund Direct Growth
To seek to generate long-term capital growth from an actively managed portfolio of equity and equity related securities of predominantly mid cap companies. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. HSBC Midcap Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
▲
▼
4090 people have invested ₹ 3.9Cr in HSBC Midcap Fund Direct Growth in the last three months
INDmoney Rank for HSBC Midcap Fund Direct Growth
Powered by IND quant engine
8
/19
41% Performance
65% Risk Management
74% Cost
8 out of 19 among mid-cap
Lower volatility within category
Protects capital during bear phase
3Y returns in the top 25% of the category
No bad points found for this fund.
HSBC Midcap Fund Direct Growth Overview
| Expense ratio | 0.67% |
Benchmark | S&P BSE Midcap TR INR |
| AUM | ₹11912 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 32.19% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (26-Dec-24)
Fund Distribution
as on (30-Nov-24)
Mid cap
67.1%
Large cap
17.4%
Small cap
12.8%
Sector Allocation
Industrial
34.1%
Financial Services
18.8%
Consumer Cyclical
12.8%
Tech
11.8%
Real Estate
6.8%
Health
6.7%
Utilities
5.1%
Consumer Defensive
2.2%
Basic Materials
1.6%
Communication
0.1%
All changes are between Sep'24 and Nov'24
- This fund’s returns stands at 1.13% whereas the fund’s underlying benchmark Nifty Midcap 150 returns stands at -0.54% as on Nov'24
- This fund outperformed Nifty Midcap 150 by 1.67% in Nov'24
- AUM of the fund stands at 11.9K Cr as of Nov'24
- AUM decreased by 367.8 Cr between Nov'24 and Oct'24
Top Stocks bought last month
BSE Ltd's allocation increased from 0.95% to 2.31%
Persistent Systems Ltd's allocation increased from 0.83% to 2.01%
CG Power & Industrial Solutions Ltd's allocation increased from 3.26% to 4.32%
Top Stocks sold last month
Suzlon Energy Ltd's allocation decreased from 5.89 % to 5.14 %
Trent Ltd's allocation decreased from 3.92 % to 3.85 %
Zomato Ltd's allocation decreased from 3.27 % to 3.01 %
Mid Cap allocation has gone up from 66.4% to 67.1%
Large Cap allocation has gone down from 21.2% to 17.4%
Small Cap allocation has gone up from 11.4% to 12.8%
Cash allocation has gone up from 1% to 1.7%
Top 3 Sectors in November were Industrial, Financial Services & Consumer Cyclical
Nov'24
Industrial
34%
Financial Services
19%
Consumer Cyclical
13%
Oct'24
Industrial
33%
Financial Services
18%
Consumer Cyclical
15%
Top Growth Drivers | 1M Return |
|---|---|
 Dixon Technologies (India) Ltd | 14.6% |
PB Fintech Ltd | 11.6% |
Loading...
We are taking more time than usual
Cheenu Gupta
Fund Manager of HSBC Midcap Fund Direct Growth, since 26 November 2022
Top funds managed
Venugopal Manghat
Fund Manager of HSBC Midcap Fund Direct Growth, since 1 October 2023
Top funds managed
Sonal Gupta
Fund Manager of HSBC Midcap Fund Direct Growth, since 1 October 2023
Top funds managed
Fund House
HSBC Asset Management (India) Private Ltd
Total Schemes
Total AUM
₹1.3L Cr
as on 29-Nov-2024
Address
HSBC Asset Management (India) Private Ltd.,16, V N Road,,Fort
Phone
+912266145000
Website
hsbcmf@hsbc.co.in
Mutual Fund Insights
In the last 1 year, Motilal Oswal Midcap Direct Growth has given 57.2% return, outperforming this fund by 14.16%.
Over the last 6 months, this fund has increased expense ratio by 3.1% moving from 0.65 to 0.67.
In the last 5 years, Motilal Oswal Midcap Direct Growth has given 34.71% return, outperforming this fund by 7.8% per annum.
In the last 3 years, Motilal Oswal Midcap Direct Growth has given 37.13% return, outperforming this fund by 9.34% per annum.
This fund expense ratio is slightly on the lower side within the category (mid-cap). Its expense ratio is 0.67% which is lower than the category average expense ratio of 1.12%.
HSBC Midcap Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 21.85% since inception which is more than its category average return of 19.37%
Fund Allocations
This fund has an allocation of 98.33% in Equity, 0% in Debt and 1.67% in Cash related instruments
AUM size ₹11912 Cr
This fund has AUM of ₹11912 Cr which is more than its category average of ₹ 9592 Cr
Expense Ratio 0.67%
This fund has an expense ratio of 0.67% which is less than its category average expense ratio of 1.35%
Frequently Asked Questions for HSBC Midcap Fund Direct Growth
The current NAV of HSBC Midcap Fund Direct Growth is ₹457.59 as on 26-Dec-2024.
Existing (Absolute + CAGR) as on 26-Dec-2024.
HSBC Midcap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 5.01% | 5.01% |
6 Month Returns | 10.61% | 10.61% |
1 Year Returns | 43.04% | 43.04% |
3 Years Returns | 108.7% | 27.79% |
5 Years Returns | 229.29% | 26.92% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.67% as on November 2024
₹11912 Cr as on November 2024
Suzlon Energy Ltd(4.78%), CG Power & Industrial Solutions Ltd(4.64%), Dixon Technologies (India) Ltd(4.04%), PB Fintech Ltd(3.74%), Trent Ltd(3.62%) as on November 2024
Industrial(33.48%), Financial Services(18.52%), Consumer Cyclical(12.63%) as on November 2024
The alpha ratio for the HSBC Midcap Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
HSBC Midcap Fund Direct Growth | 13.31 | 4.99 | 1.09 |
As on November 2024
The alpha for HSBC Midcap Fund Direct Growth is calculated against S&P BSE Midcap TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the HSBC Midcap Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
HSBC Midcap Fund Direct Growth | 0.74 | 0.78 | 0.83 |
As on November 2024
The Beta for HSBC Midcap Fund Direct Growth is calculated with S&P BSE Midcap TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the HSBC Midcap Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
HSBC Midcap Fund Direct Growth | 2.7 | 1.42 | 1.05 |
As on November 2024
The sharpe ratio for HSBC Midcap Fund Direct Growth is calculated with S&P BSE Midcap TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the HSBC Midcap Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
HSBC Midcap Fund Direct Growth | 10.98 | 12.84 | 18.79 |
As on November 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 3.05 as on November 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.4 as on November 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Cheenu Gupta, Venugopal Manghat, Sonal Gupta are the fund managers of HSBC Midcap Fund Direct Growth
The Exit load of HSBC Midcap Fund Direct Growth is 1%