HSBC Midcap Fund vs Motilal Oswal BSE Midcap 150 Momentum 30 Index Fund
Direct Plan, Growth option · Data as on 30-10-2026
HSBC Midcap Fund is a Mid Cap fund and Motilal Oswal BSE Midcap 150 Momentum 30 Index Fund is a mutual fund. HSBC Midcap Fund charges 1.11% a year and Motilal Oswal BSE Midcap 150 Momentum 30 Index Fund 1.98% (Direct plans). Their portfolios overlap 32.4%: they hold 16 of the same securities.
Motilal Oswal BSE Midcap 150 Momentum 30 Index Fund
- Expense ratio
- 1.98%
- NAV
- ₹9.72
Which is better, HSBC Midcap or Motilal Oswal BSE Midcap 150 Momentum 30 Index? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- HSBC Midcap costs less: 1.11% a year against 1.98% (Direct plans).
- Motilal Oswal BSE Midcap 150 Momentum 30 Index fell less in its worst fall since 30-07-2026: −12.9% against −13.1%.
- Motilal Oswal BSE Midcap 150 Momentum 30 Index holds more in large companies: 18.2% of the fund in large caps against 4.7%.
- HSBC Midcap is the larger fund: ₹16,800 Cr against ₹156 Cr.
- Their portfolios overlap 32.4%: 16 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | HSBC Midcap Fund | Motilal Oswal BSE Midcap 150 Momentum 30 Index Fund |
|---|---|---|
| Fund house | HSBC Mutual Fund | Motilal Oswal Mutual Fund |
| Category | Mid Cap | Not available |
| AUM | ₹16,800 Cr (30-09-2026) | ₹156 Cr (30-09-2026) |
| NAV | ₹502.29 (Direct) | ₹9.72 (Direct) |
| Expense ratio (Direct) | 1.11% | 1.98% |
| Expense ratio (Regular) | 2.18% | 2.59% |
| Riskometer | Very High | Not available |
| Benchmark | Nifty Midcap 150 TRI | Not available |
| Launch date | 09-08-2004 | Not available |
| Minimum investment | ₹5,000 | Not available |
| Lock in | None | Not available |
| Fund managers | Cheenu Gupta, Mayank Chaturvedi, Dipan S. Parikh | Not available |
| Exit load | Exit load for units in excess of 10% of the investment, 1% will be charged for redemption within 1 year. | Not available |
HSBC Midcap vs Motilal Oswal BSE Midcap 150 Momentum 30 Index: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| HSBC Midcap Fund (Direct) | −2.89% | −2.26% | +3.65% | +9.56% | +21.64% | -- | -- |
| Motilal Oswal BSE Midcap 150 Momentum 30 Index Fund (Direct) | −2.80% | −3.47% | -- | -- | -- | -- | -- |
| Mid Cap average | −3.36% | −6.05% | −0.14% | −2.13% | +14.76% | -- | -- |
Category average: the average of the 34 Mid Cap funds, same plan type.
HSBC Midcap vs Motilal Oswal BSE Midcap 150 Momentum 30 Index: Year-wise Returns
| Year | HSBC MidcapHSBC Midcap | Motilal Oswal BSE Midcap 150 Momentum 30 IndexMotilal Oswal BSE Midcap 150 Momentum 30 Index |
|---|---|---|
| 2026to date | +9.89% | -- |
| 2025 | −0.31% | -- |
| 2024 | +41.24% | -- |
| 2023 | +41.53% | -- |
HSBC Midcap vs Motilal Oswal BSE Midcap 150 Momentum 30 Index: Rolling Returns
Every holding period of both funds, against Nifty Midcap 150 TRI, the benchmark of HSBC Midcap Fund
HSBC Midcap vs Motilal Oswal BSE Midcap 150 Momentum 30 Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | HSBC Midcap Fund (Direct) | Motilal Oswal BSE Midcap 150 Momentum 30 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +21.80% | −13.08% |
| Standard deviation | 17.02% | 16.80% |
| Sharpe ratio | 0.92 | -1.09 |
| Sortino ratio | 1.23 | -1.35 |
| Maximum drawdown | −26.0% (28-02-2025) | −12.9% (23-10-2026) |
| Beta | 1.01 | 1.00 |
| Alpha | +5.71% | −0.67% |
From daily NAVs, 28-11-2022 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
HSBC Midcap Fund (Direct)
Motilal Oswal BSE Midcap 150 Momentum 30 Index Fund (Direct)
Nifty Midcap 150 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| HSBC Midcap Fund (Direct) | −13.1% | 31-08-2026 | 23-10-2026 | Not yet | -- | −9.5% |
| Motilal Oswal BSE Midcap 150 Momentum 30 Index Fund (Direct) | −12.9% | 26-08-2026 | 23-10-2026 | Not yet | -- | −9.1% |
| Nifty Midcap 150 TRI | −12.5% | 31-08-2026 | 23-10-2026 | Not yet | -- | −10.5% |
From daily values since 30-07-2026, the first day every fund has.
HSBC Midcap vs Motilal Oswal BSE Midcap 150 Momentum 30 Index: Portfolio Overlap
From each fund's latest monthly portfolio: HSBC Midcap Fund, September 2026; Motilal Oswal BSE Midcap 150 Momentum 30 Index Fund, September 2026
Holdings in common
- Overlap
- 32.4%
- Held by both
- 16
- Only in HSBC Midcap
- 49
- Only in Motilal Oswal BSE Midcap 150 Momentum 30 Index
- 14
| Security | % of HSBC Midcap | % of Motilal Oswal BSE Midcap 150 Momentum 30 Index |
|---|---|---|
| The Federal Bank Limited | 3.90% | 4.89% |
| FSN E-Commerce Ventures Limited | 3.38% | 4.03% |
| GE Vernova T&D India Limited | 3.09% | 3.81% |
| Radico Khaitan Limited | 2.89% | 3.09% |
| Bharat Forge Limited | 2.61% | 5.16% |
| AU Small Finance Bank Limited | 2.34% | 5.07% |
| Hitachi Energy India Limited | 2.28% | 3.33% |
| IPCA Laboratories Limited | 1.75% | 2.08% |
| Aditya Birla Capital Limited | 1.66% | 2.58% |
| Multi Commodity Exchange of India Ltd. | 1.62% | 5.24% |
| Nippon Life India Asset Management Ltd | 2.01% | 1.49% |
| Ashok Leyland Limited | 1.48% | 2.86% |
| One 97 Communications Limited | 1.47% | 4.69% |
| Indian Bank | 1.44% | 1.95% |
| CG Power And Industrial Solutions Ltd | 0.93% | 3.49% |
| KEI Industries Limited | 0.02% | 2.17% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 32.4% means 32.4% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in HSBC Midcap Fund
| Security | % of fund |
|---|---|
| Lenskart Solutions Limited | 5.08% |
| Meesho Limited | 5.04% |
| Aditya Infotech Limited | 3.64% |
| Piramal Finance Ltd | 3.56% |
| APAR INDUSTRIES LTD | 3.16% |
Largest holdings only in Motilal Oswal BSE Midcap 150 Momentum 30 Index Fund
| Security | % of fund |
|---|---|
| Laurus Labs Limited | 5.43% |
| Aurobindo Pharma Limited | 5.23% |
| Bharat Heavy Electricals Limited | 5.08% |
| Sona BLW Precision Forgings Limited | 4.64% |
| Vodafone Idea Limited | 4.33% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | HSBC Midcap | Motilal Oswal BSE Midcap 150 Momentum 30 Index |
|---|---|---|
| Equity | 99.2% | 100.9% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.8% | -0.9% |
Market cap of stocks
| Market cap | HSBC Midcap | Motilal Oswal BSE Midcap 150 Momentum 30 Index |
|---|---|---|
| Large Cap | 4.7% | 18.2% |
| Mid Cap | 65.3% | 82.7% |
| Small Cap | 25.0% | 0.0% |
| Not on AMFI's list | 4.2% | 0.0% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | HSBC Midcap | Motilal Oswal BSE Midcap 150 Momentum 30 Index |
|---|---|---|
| Pharmaceuticals & Biotechnology | 7.9% | 16.6% |
| Electrical Equipment | 15.4% | 15.7% |
| Retailing | 13.5% | 4.0% |
| Banks | 11.0% | 13.3% |
| Auto Components | 5.5% | 9.8% |
| Finance | 7.3% | 4.3% |
| Capital Markets | 5.1% | 6.7% |
| Industrial Products | 0.2% | 5.7% |
The six largest sectors of each fund's stocks, % of the fund.
HSBC Midcap vs Motilal Oswal BSE Midcap 150 Momentum 30 Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | HSBC Midcap Fund | Motilal Oswal BSE Midcap 150 Momentum 30 Index Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.11% | 1.98% |
| Base expense ratio (Direct) | 0.54% | 0.38% |
| Total expense ratio (Regular) | 2.18% | 2.59% |
| Base expense ratio (Regular) | 1.44% | 0.90% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
HSBC Midcap Fund vs Motilal Oswal BSE Midcap 150 Momentum 30 Index Fund: Frequently Asked Questions
What is the difference between HSBC Midcap Fund and Motilal Oswal BSE Midcap 150 Momentum 30 Index Fund?
HSBC Midcap Fund is a Mid Cap fund, Motilal Oswal BSE Midcap 150 Momentum 30 Index Fund is a mutual fund, run by HSBC Mutual Fund and Motilal Oswal Mutual Fund. Their portfolios overlap 32.4%. HSBC Midcap Fund charges 1.11% a year and Motilal Oswal BSE Midcap 150 Momentum 30 Index Fund 1.98%.
Which has the lower expense ratio, HSBC Midcap Fund or Motilal Oswal BSE Midcap 150 Momentum 30 Index Fund?
HSBC Midcap Fund charges less: 1.11% a year against 1.98%. These are the Direct plans' total expense ratios reported to AMFI.
How much do HSBC Midcap Fund and Motilal Oswal BSE Midcap 150 Momentum 30 Index Fund overlap?
32.4%. They hold 16 of the same securities, the largest shared ones being FEDERALBNK, NYKAA, GVT&D. From each fund's latest monthly portfolio.
Can I invest in both HSBC Midcap Fund and Motilal Oswal BSE Midcap 150 Momentum 30 Index Fund?
Yes. 32.4% of each fund's money sits in the same holdings, so some of the two investments would move together.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.