HSBC Midcap Fund
NAV
₹545.39
as of 21 Aug 2026
HSBC Midcap Fund is an open-ended Mid Cap Fund scheme from HSBC Mutual Fund managing ₹15,578 crore (as of 31 Jul 2026). Its Direct-plan NAV is ₹545.39 as of 21 Aug 2026. The expense ratio is 0.55% a year. Managed by Cheenu Gupta. This page is factual data only — it carries no rating and no recommendation.
Key facts
- Expense ratio
- 0.55% / yr
- as of 30 Jun 2026
- Fund size
- ₹15,578 crore
- as of 31 Jul 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 20 Aug 2026Benchmark: NIFTY Midcap 150 Index
HSBC Midcap Fund
₹255
+155% on ₹100 over 5.0 yrs
Mid Cap Fund average
₹229
+129% on ₹100 over 5.0 yrs
Returns vs category
| Window | Fund | Category avg | Gap |
|---|---|---|---|
| 3 months | 8.54% | 7.27% | +1.27 |
| 6 months | 18.76% | 10.05% | +8.71 |
| 1 year | 21.43% | 9.87% | +11.56 |
| 3 years (CAGR) | 26.26% | 19.78% | +6.48 |
| 5 years (CAGR) | 20.43% | 17.77% | +2.66 |
Category average across 29 funds, as of 21 Aug 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
- 16.9%
- 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)
- 0.90
- Sharpe ratio (5Y)
- 0.78
- Sortino ratio (3Y)
- 1.40 vs category 1.05
- Standard deviation (3Y)
- 19.84%
- Beta (3Y)
- 1.03
- Alpha (3Y)
- 4.97%
- 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
-0.1% below peak
Ahead of its benchmark in 69% of months (window: 3y, monthly) — benchmark: NIFTY Midcap 150 Index, name shown only.
Where the money actually is
Equity
98.8%
Cash
1.2%
Whole-portfolio split, as of 31 Jul 2026.
What it owns
81 positions · top 10 = 36.2%
Market-cap mix
Large 9.7%Mid 67.3%Small 21.7%Other 1.2%
as of 31 Jul 2026
Holdings by sector
Financial Services(4 in top 10)30.1%
- The Federal Bank Ltd4.91%
- Piramal Finance Ltd3.66%
- PB Fintech Ltd3.64%
- Mahindra & Mahindra Financial Services Ltd2.88%
Industrials(2 in top 10)25.8%
- GE Vernova T&D India Ltd3.43%
- Aditya Infotech Ltd2.92%
Healthcare(1 in top 10)14.6%
- Lenskart Solutions Ltd4.13%
Consumer Cyclical(3 in top 10)13.4%
- FSN E-Commerce Ventures Ltd4.04%
- Meesho Ltd3.34%
- Bharat Forge Ltd3.22%
- Technology4.9%
- Consumer Defensive4.0%
- Utilities2.5%
- Real Estate1.9%
Sectors marked ▶ expand to show this fund’s top-10 holdings in that sector. Holdings as of 31 Jul 2026. Portfolio turnover 102.6% vs category 54.0% 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)
- 36.8 vs category 32.0
- P/B
- 5.4 vs category 4.5
- Dividend yield
- 0.6% vs category 0.7%
- Net margin
- 15.1% vs category 16.4%
- Earnings growth
- 13.6%
- Avg market cap
- ₹61,169 crore
Money in, money out
- Net flow, 12 months
- +₹1,584 cr
- Net flow, 3 months
- +₹1,275 cr
as of 31 Jul 2026. Flows follow performance more than they predict it.
Quick answers
- What is the NAV of HSBC Midcap Fund?
- ₹545.39 per unit as of 21 Aug 2026 (Direct plan, growth). NAV is declared daily on working days.
- What is the expense ratio of HSBC Midcap Fund?
- 0.55% a year for the Direct plan, as of 30 Jun 2026.
- How large is HSBC Midcap Fund?
- ₹15,578 crore under management as of 31 Jul 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?
- 20.43% a year over the last 5 years (Direct plan, CAGR), against a Mid Cap Fund average of 17.77%. 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 3.7 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.