HSBC Midcap Fund
NAV
₹524.16
as of 6 Oct 2026
HSBC Midcap Fund is an open-ended Mid Cap Fund scheme from HSBC Mutual Fund managing ₹17,188 crore (as of 31 Aug 2026). Its Direct-plan NAV is ₹524.16 as of 6 Oct 2026. The expense ratio is 1.19% a year. Managed by Cheenu Gupta. This page is factual data only – it carries no rating and no recommendation.
Key facts
- Expense ratio
- 1.19% / yr
- as of 31 Aug 2026
- Fund size
- ₹17,188 crore
- as of 31 Aug 2026
- Exit load
- 1%
- SIP available
- Yes
- Launched
- 9 Aug 2004
- ISIN
- INF917K01FZ1
₹100 invested, fund vs category
The category line is the average of the funds in this category, built from nyvo’s own NAV data.
Rebased to 100data to 5 Oct 2026Benchmark: NIFTY Midcap 150 Index
HSBC Midcap Fund
₹221
+121% on ₹100 over 5.0 yrs
Mid Cap Fund average
₹194
+94% on ₹100 over 5.0 yrs
Returns vs category
| Window | Fund | Category avg | Gap |
|---|---|---|---|
| 3 months | 0.77% | -3.67% | +4.44 |
| 6 months | 17.32% | 12.13% | +5.19 |
| 1 year | 15.10% | 4.35% | +10.75 |
| 3 years (CAGR) | 22.53% | 15.82% | +6.71 |
| 5 years (CAGR) | 17.53% | 13.98% | +3.55 |
Category average across 29 funds, as of 5 Oct 2026. Short windows are noise; the 3 and 5-year rows are the record. Past returns do not predict future returns.
A single return number depends on its start date. These are ALL the overlapping holding periods, so the worst case is visible – read that number first.
1-year holding periods
- Worst
- -3.0%
- Median
- 17.5%
- Best
- 65.4%
49 windows over the last 60 months, stepped monthly; 94% ended positive. Worst window began 1 Oct 2024. Windows overlap – this is the range of past start dates, not a probability of anything.
3-year holding periods (per year)
- Worst
- 18.7%
- Median
- 25.4%
- Best
- 30.0%
25 windows over the last 60 months, stepped monthly; 100% ended positive. Worst window began 2 Mar 2022. Windows overlap – this is the range of past start dates, not a probability of anything.
Risk, measured
- Sharpe ratio (3Y)
- 0.97
- Sharpe ratio (5Y)
- 0.83
- Sortino ratio (3Y)
- 1.53 vs category 1.04
- Standard deviation (3Y)
- 20.04%
- Beta (3Y)
- 1.04
- Alpha (3Y)
- 7.27%
- Deepest fall (5Y)
- -23.42%
Distance below its own peak
Every dip below 0 is the fund trading under a previous high – how deep and for how long is what a drawdown feels like.
Deepest fall
-23.4%
Right now
-6.3% below peak
Ahead of its benchmark in 72% of months (window: 3y, monthly) – benchmark: NIFTY Midcap 150 Index, name shown only.
Where the money actually is
Equity
99.2%
Cash
0.8%
Whole-portfolio split, as of 31 Aug 2026.
What it owns
77 positions · top 10 = 37.1%
Market-cap mix
Large 5.1%Mid 68.3%Small 25.1%Other 1.6%
as of 31 Aug 2026
Holdings by sector
Industrials(3 in top 10)27.0%
- Apar Industries Ltd3.38%
- GE Vernova T&D India Ltd3.20%
- Bharat Forge Ltd2.79%
Financial Services(3 in top 10)26.0%
- The Federal Bank Ltd3.96%
- Piramal Finance Ltd3.92%
- PB Fintech Ltd3.87%
Healthcare(1 in top 10)15.2%
- Lenskart Solutions Ltd4.81%
Consumer Cyclical(3 in top 10)12.5%
- Meesho Ltd4.00%
- FSN E-Commerce Ventures Ltd3.61%
- Ather Energy Ltd3.57%
- Technology8.6%
- Consumer Defensive4.0%
- Utilities2.1%
- Basic Materials2.1%
Sectors marked ▶ expand to show this fund’s top-10 holdings in that sector. Holdings as of 31 Aug 2026. Portfolio turnover 112.2% vs category 50.8% a year.
Exposure figures are gross: funds that use derivatives (arbitrage, hedged books) hold offsetting positions, so concentration and turnover can read above 100%.
The businesses it owns
- P/E (trailing)
- 38.8 vs category 32.5
- P/B
- 6.0 vs category 4.7
- Dividend yield
- 0.6% vs category 0.7%
- Net margin
- 13.8% vs category 16.2%
- Earnings growth
- 16.2%
- Avg market cap
- ₹61,755 crore
Money in, money out
- Net flow, 12 months
- +₹2,125 cr
- Net flow, 3 months
- +₹1,618 cr
as of 31 Aug 2026. Flows follow performance more than they predict it.
Quick answers
- What is the NAV of HSBC Midcap Fund?
- ₹524.16 per unit as of 6 Oct 2026 (Direct plan, growth). NAV is declared daily on working days.
- What is the expense ratio of HSBC Midcap Fund?
- 1.19% a year for the Direct plan, as of 31 Aug 2026.
- How large is HSBC Midcap Fund?
- ₹17,188 crore under management as of 31 Aug 2026, in the Mid Cap Fund category.
- How risky is HSBC Midcap Fund?
- Its SEBI Riskometer reading is "Very High Risk". Companies ranked 101 to 250. Bigger swings, historically bigger rewards.
- What are the 5-year returns of HSBC Midcap Fund?
- 17.53% a year over the last 5 years (Direct plan, CAGR), against a Mid Cap Fund average of 13.98%. Past returns do not predict future returns.
- What is the worst 3-year return of HSBC Midcap Fund?
- 18.7% a year – the weakest of 25 overlapping 3-year holding periods, beginning 2 Mar 2022. The median was 25.4% and 100% of those windows ended positive. Windows overlap, so this is the range of past start dates, not a probability.
- Who manages HSBC Midcap Fund?
- Cheenu Gupta, managing this fund for 3.8 years.
Where this fund sits
Its shelf, all funds
Mc · Mid cap →
Companies ranked 101 to 250. Bigger swings, historically bigger rewards.
The money map
How big this shelf is in India →
The whole industry sized by real money, from AMFI’s monthly data.
Side by side
Compare this fund →
Put it next to any other fund – growth, returns, risk and cost in one table.
One bet or two?
Check its overlap →
See whether it owns the same stocks as your other funds.
Other Mid Cap Fund funds
Data: nyvo research systems; each block above states its own as-of date, and blocks with no data for this fund are omitted rather than estimated. NAV updates daily on working days. The benchmark (NIFTY Midcap 150 Index) is named for reference only; its values are licensed and never shown. This page is factual information about one scheme. It is not investment advice, not a recommendation, and it carries no rating of any kind. Past performance does not predict future returns. Mutual fund investments are subject to market risks; read all scheme related documents carefully.