Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.
HSBC Midcap Fund - Direct Growth
★★★★★ 3rd-party
External rating
- Source: Third-party data provider (Groww/CRISIL)
- Original rating: 5/5, displayed as-is — TopFund does not modify third-party ratings
- Refresh frequency: Whenever TopFund re-syncs this fund's data
- Limitations: The provider's own rating methodology isn't disclosed here — see the provider's own site for their criteria
TopFund Score: 90/100 · Excellent
How this score is calculated
- Star rating (35%)5/5
- 3Y CAGR (30%)24.22%
- Expense ratio (20%)1.15%
- AUM (15%)₹15,578 Cr
Not investment advice — an analytical read of public fund data. Methodology →
HSBC Mutual Fund · Equity · Mid Cap
₹545.69
AUM: ₹15,578 Cr
NAV updated 17 days ago
Plan
Direct
Option
Growth
Risk
Very High
Expense Ratio
1.15%
Exit Load
Exit load for units in excess of 10% of the investment, 1% will be charged for redemption within 1 year.
Fund Manager
Venugopal Manghat
Inception
Jan 2013
Benchmark
NIFTY Midcap 150 Total Return Index
Sharpe Ratio
1.23
Std Dev (1Y)
16.3%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+1.84%
3m
+9.95%
6m
+23.05%
1y
+21.55%
3y
+24.22%
5y
+19.39%
10y
+17.87%
since inception
+25.39%
TopFund's Take on HSBC Midcap Fund - Direct Growth
HSBC Midcap Fund - Direct Growth ranks among the stronger performers in the Mid Cap category, backed by a 5-star rating. Consistent 3-year performance combined with a strong rating makes this one of the more credible options in its space. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 90/100.
Cost: At 1.15%, the expense ratio runs 49% above the Mid Cap category average of 0.77%. That gap is worth weighing against the fund's actual performance versus cheaper peers before committing to a long SIP.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a strong Sharpe ratio of 1.23 — the fund has generated solid returns relative to the volatility it exposed investors to. Separately, annualised volatility of 16.3% is fairly typical for Mid Cap funds.
Who should invest: This fund is best suited to investors with a 5+ year horizon comfortable with meaningfully higher volatility than large cap funds. Given the Very High risk rating, this fund is not suited to short-term goals or investors who may need to exit within 2-3 years.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
Sector Allocation
Asset Allocation
Fund Snapshot
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Tools & Guides for This Fund
Frequently Asked Questions about HSBC Midcap Fund - Direct Growth
The current NAV (Net Asset Value) of HSBC Midcap Fund - Direct Growth is ₹545.69. NAV is updated every business day after market close by AMFI.
1Y: 21.55% · 3Y CAGR: 24.22% · 5Y CAGR: 19.39%
The expense ratio of HSBC Midcap Fund - Direct Growth is 1.15% per annum. This is the annual fee charged by the fund to manage your investment.
HSBC Midcap Fund - Direct Growth is managed by Venugopal Manghat at HSBC Mutual Fund.
HSBC Midcap Fund - Direct Growth is classified as a Very High risk fund. It is suitable for aggressive investors with a long-term horizon of 5+ years.
Yes, HSBC Midcap Fund - Direct Growth is an equity fund, making it suitable for SIP investments. Regular monthly SIPs help average out market volatility through rupee-cost averaging.
You can start a SIP in HSBC Midcap Fund - Direct Growth with as little as ₹500 per month through most mutual fund platforms. The minimum lump sum investment is typically ₹1,000.
The Assets Under Management (AUM) of HSBC Midcap Fund - Direct Growth is ₹15,578 crore. AUM indicates the total market value of assets managed by the fund.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.
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