HSBC Midcap Fund

Mid CapDirect and Regular plans, Growth and IDCW options

Data as on 30-10-2026

HSBC Midcap Fund is a Mid Cap fund run by HSBC Mutual Fund. On 30-09-2026, it managed ₹16,800 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 21.6% a year and its Regular plan returned 20.4% a year. Its benchmark, Nifty Midcap 150 TRI, returned 13.8% a year over the same 3 years.

NAV (Direct plan): ₹502.29; ▼ 0.96%30-10-2026
NAV (Regular plan): ₹438.43; ▼ 0.96%30-10-2026
Expense ratio: 1.11%Direct2.18%Regular; 1.11%; A year
Riskometer: Very High; Set by the fund house
3 year return: 21.6%Direct20.4%Regular; 21.6%; A year

HSBC Midcap Fund NAV Today

NAV on 30-10-2026: Direct Plan Growth ₹502.29 (down 0.96% that day); Regular Plan Growth ₹438.43 (down 0.96% that day).

This fund (Direct plan)

₹502.2936

HSBC Midcap Fund Returns vs Nifty Midcap 150 TRI

Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.

Trailing returns
Period	1M	3M	6M	1Y	3Y	5Y	10Y
This fund (Direct)	−2.89%	−2.26%	+3.65%	+9.56%	+21.64%	--	--
This fund (Regular)	−2.98%	−2.52%	+3.10%	+8.40%	+20.36%	--	--
Nifty Midcap 150 TRI	−3.69%	−8.46%	−3.95%	−4.37%	+13.82%	+13.84%	+15.65%
Mid Cap average	−3.36%	−6.03%	−0.14%	−2.17%	+14.75%	--	--
Best in Mid Cap	−0.88%	−2.09%	+6.81%	+9.56%	+21.77%	--	--
Worst in Mid Cap	−5.08%	−10.11%	−5.44%	−14.14%	+8.47%	--	--
Rank in Mid Cap	12/34	2/33	7/33	1/31	2/29	--	--

Category rows compare the Direct plans of 34 Mid Cap funds. Rank 1 is the highest return.

HSBC Midcap Fund Year-wise Returns

Return of each calendar year
Year	Direct	Regular	Nifty Midcap 150 TRI
2026to date	+9.89%	+8.93%	−4.97%
2025	−0.31%	−1.35%	+5.98%
2024	+41.24%	+39.73%	+24.46%
2023	+41.53%	+40.01%	+44.61%

HSBC Midcap Fund Rolling Returns

The return of every holding period in the fund's history, not only the one that ends today

Rolling returns

Each point is the yearly return of one 3-year holding period, plotted on the day it ended. There are 226 periods, one for each trading day from 28-11-2025 to 30-10-2026.

0%5%10%15%20%25%30%

Dec 2022
to
Dec 2025Feb 2023
to
Feb 2026Apr 2023
to
Apr 2026Jun 2023
to
Jun 2026Aug 2023
to
Aug 2026Oct 2023
to
Oct 2026

HSBC Midcap Fund (Direct)Nifty Midcap 150 TRI

Every holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Benchmark median	Beat benchmark
1 year	720	21.0%	−6.0%	68.3%	6%	11.4%	74%
2 years	474	24.7%	4.7%	43.4%	0%	19.6%	95%
3 years	226	26.0%	20.2%	29.3%	0%	21.9%	100%

Period	Periods	Median	Lowest	Highest	With a loss	Benchmark median	Beat benchmark
1 year	36	26.3%	−24.6%	69.3%	14%	15.5%	78%
2 years	24	16.0%	0.6%	45.2%	0%	11.4%	100%

Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. "Beat benchmark" counts the periods in which the fund did better than Nifty Midcap 150 TRI over the same days. Past returns do not promise future returns.

HSBC Midcap Fund Risk

How much it swings, and the falls an investor had to sit through

Risk and return

Measure	HSBC Midcap Fund (Direct)This fund	Nifty Midcap 150 TRI
Return (CAGR)	+9.56%	−4.37%
Standard deviation	17.41%	16.59%
Sharpe ratio	0.25	-0.58
Sortino ratio	0.34	-0.78
Maximum drawdown	−13.1% (23-10-2026)	−13.9% (30-03-2026)
Beta	0.97	1.00
Alpha	+13.62%	0.00%

From daily NAVs, 30-10-2025 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: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.

Measure	HSBC Midcap Fund (Direct)This fund	Nifty Midcap 150 TRI
Return (CAGR)	+21.64%	+13.82%
Standard deviation	18.73%	17.08%
Sharpe ratio	0.83	0.46
Sortino ratio	1.12	0.61
Maximum drawdown	−26.0% (28-02-2025)	−20.9% (28-02-2025)
Beta	1.04	1.00
Alpha	+7.52%	0.00%

From daily NAVs, 30-10-2023 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: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.

Measure	HSBC Midcap Fund (Direct)This fund	Nifty Midcap 150 TRI
Return (CAGR)	+21.80%	+16.04%
Standard deviation	17.02%	15.99%
Sharpe ratio	0.92	0.62
Sortino ratio	1.23	0.82
Maximum drawdown	−26.0% (28-02-2025)	−20.9% (28-02-2025)
Beta	1.01	1.00
Alpha	+5.71%	0.00%

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: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.

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.

−30%−25%−20%−15%−10%−5%0%

2023202420252026

HSBC Midcap Fund (Direct)Nifty Midcap 150 TRI

	Worst fall	High before it	Bottom	Back at the high	Time to climb back	Below its high today
HSBC Midcap Fund (Direct)	−26.0%	17-12-2024	28-02-2025	20-04-2026	14 months	−9.5%
Nifty Midcap 150 TRI	−20.9%	24-09-2024	28-02-2025	12-11-2025	8 months	−10.5%

From the Direct plan's daily NAV since 28-11-2022, adjusted for unit splits, and Nifty Midcap 150 TRI over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.

HSBC Midcap Fund vs Other Mid Cap Funds

The five Mid Cap funds with the best three year return, and this fund. Direct plans.

Fund name	Rank	AUM (Cr)	Exp. ratio	1Y return	3Y return	3Y alpha	3Y beta	3Y Sharpe	3Y Sortino
Invesco India Mid cap Fund	1/29	15,749	0.77%	−0.48%	+21.77%	+8.73%	0.93	0.92	1.29	Compare
HSBC Midcap Fund	2/29	16,800	1.11%	+9.56%	+21.64%	+7.52%	1.04	0.83	1.12
WhiteOak Capital Mid Cap Fund	3/29	7,540	0.93%	+3.63%	+20.42%	+7.68%	0.90	0.91	1.24	Compare
ICICI Prudential Mid Cap Fund	4/29	7,961	1.10%	+0.90%	+19.38%	+5.47%	1.01	0.75	1.01	Compare
Edelweiss Mid Cap Fund	5/29	19,230	0.68%	−1.99%	+18.99%	+5.58%	0.95	0.78	1.06	Compare

AUM is each fund's size at the end of its last reported month, from its own portfolio file. We calculate the risk ratios from daily NAVs over the last three years. The risk-free return is what NSE's overnight rate index earned over the same years. Alpha and beta compare each fund with its own benchmark's TRI. "--" means we have no figure: for alpha and beta, no daily series for that benchmark.

HSBC Midcap Fund Expense Ratio and Costs

What each plan charges a year, in force from 22-10-2026

Plan	Base expense ratio	Brokerage	Transaction costs	Levies and GST	Total expense ratio	Mid Cap median	Cost rank (1 = cheapest)
Direct	0.54%	0.14%	0.01%	0.42%	1.11%	0.95%	24/34
Regular	1.44%	0.14%	0.01%	0.59%	2.18%	2.02%	21/34

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, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file. Cost rank: where this plan comes when the Mid Cap funds' plans of the same type are sorted from the lowest total expense ratio to the highest.

Direct vs Regular: what the gap cost

Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.

Over the last	Regular	Direct	Direct earned more by	₹1 lakh became (Regular)	₹1 lakh became (Direct)
1 year	8.40%	9.56%	1.16%	₹1,08,400	₹1,09,560
3 years	20.36%	21.64%	1.28% a year	₹1,74,360	₹1,79,982

Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.

HSBC Midcap Fund SIP Calculator

What a one-time or monthly investment in this fund would be worth today, from its own NAV history

Growth of an investment

Every month₹

Step up each year

PeriodFor

₹10,000 on the first trading day of every month, from 28-11-2022 to 30-10-2026: 48 instalments, ₹4,80,000 in all.

Investment	Invested	Value now	Gain	Return a year
Direct planHSBC Midcap Fund (Direct)	₹4,80,000	₹6,84,074	₹2,04,074	18.0%
Regular planHSBC Midcap Fund (Regular)	₹4,80,000	₹6,67,357	₹1,87,357	16.7%
Nifty Midcap 150 TRI	₹4,80,000	₹5,81,760	₹1,01,760	9.6%
Category averageCategory average, 34 Mid Cap funds	₹4,80,000	₹5,95,415	₹1,15,415	10.8%

₹0₹2.0 L₹4.0 L₹6.0 L₹8.0 L

2023202420252026

Direct planHSBC Midcap Fund (Direct)Regular planHSBC Midcap Fund (Regular)Nifty Midcap 150 TRICategory averageCategory average, 34 Mid Cap fundsAmount invested

From each plan's published NAV (Growth option), the benchmark's TRI and the category average, over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.

HSBC Midcap Fund Asset Allocation

Asset allocation as on 30-09-2026

What the fund holds

99.2%Equity

Asset	Fund	Category
Equity	99.2%	95.4%
Cash and others	0.8%	4.0%

Market cap of stocks

Market cap	Fund	Category
Large Cap	4.7%	11.8%
Mid Cap	65.3%	66.9%
Small Cap	25.0%	15.1%
Not on AMFI's list	4.2%	1.7%

Share of the whole fund. Category: the average of the Mid Cap funds that hold stocks. Groups follow AMFI's latest list, as SEBI defines them: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.

HSBC Midcap Fund Sector Allocation

Sector allocation of the fund's stocks as on 30-09-2026

Largest sectors

Electrical Equipment15.4%
Retailing13.5%
Banks11.0%
Pharmaceuticals & Biotechnology7.9%
Finance7.3%
Auto Components5.5%
Industrial Manufacturing5.3%
Capital Markets5.1%
Automobiles3.0%
Financial Technology (Fintech)2.9%

The ten largest of 27 sectors. The other 17 add up to 22.1%.

Sector changes

Sector	July 2026	August 2026	September 2026	Change
Electrical Equipment	15.2%	15.9%	15.4%	+0.2%
Retailing	11.5%	12.4%	13.5%	+2.0%
Banks	11.5%	10.3%	11.0%	−0.5%
Pharmaceuticals & Biotechnology	6.7%	7.0%	7.9%	+1.2%
Finance	8.9%	8.0%	7.3%	−1.6%

Each sector's share of the fund at the end of each month. The five largest sectors of September 2026. Change: from July 2026 to September 2026, in % of the fund.

HSBC Midcap Fund Portfolio Holdings

As on 30-09-2026 · 72 holdings · from the fund house's monthly portfolio

Holdings	Sector	Weight%	1M change
Lenskart Solutions Limited	Retailing	5.08%	0.0%
Meesho Limited	Retailing	5.04%	+11.2%
The Federal Bank Limited	Banks	3.90%	+8.1%
Aditya Infotech Limited	Industrial Manufacturing	3.64%	+24.9%
Piramal Finance Ltd	Finance	3.56%	0.0%
FSN E-Commerce Ventures Limited	Retailing	3.38%	0.0%
APAR INDUSTRIES LTD	Electrical Equipment	3.16%	−6.9%
GE Vernova T&D India Limited	Electrical Equipment	3.09%	0.0%
Ather Energy Limited	Automobiles	3.03%	0.0%
Dhoot Transmission Limited	Auto Components	2.91%	+248.1%
Radico Khaitan Limited	Beverages	2.89%	+7.5%
Zydus Lifesciences Limited	Pharmaceuticals & Biotechnology	2.82%	+39.1%
Bharat Forge Limited	Auto Components	2.61%	0.0%
AU Small Finance Bank Limited	Banks	2.34%	+38.3%
Hitachi Energy India Limited	Electrical Equipment	2.28%	+12.4%
Coforge Limited	IT - Software	2.28%	+31.8%
Mankind Pharma Limited	Pharmaceuticals & Biotechnology	2.22%	0.0%
Mahindra & Mahindra Financial Serv Ltd.	Finance	2.03%	0.0%
Navin Fluorine International Limited	Chemicals & Petrochemicals	2.01%	0.0%
Nippon Life India Asset Management Ltd	Capital Markets	2.01%	0.0%
Netweb Technologies India Limited	IT - Services	1.89%	0.0%
Thyrocare Technologies Limited	Healthcare Services	1.80%	0.0%
Shadowfax Technologies Limited	Transport Services	1.77%	+11.0%
IPCA Laboratories Limited	Pharmaceuticals & Biotechnology	1.75%	0.0%
Data Patterns (India) Limited	Aerospace & Defense	1.71%	0.0%
Thermax Limited	Electrical Equipment	1.67%	0.0%
City Union Bank Limited	Banks	1.66%	0.0%
Aditya Birla Capital Limited	Finance	1.66%	0.0%
IndusInd Bank Limited	Banks	1.64%	+41.2%
Multi Commodity Exchange of India Ltd.	Capital Markets	1.62%	0.0%
Cochin Shipyard Limited	Industrial Manufacturing	1.60%	0.0%
Ashok Leyland Limited	Agricultural, Commercial & Construction Vehicles	1.48%	0.0%
KFIN Technologies Limited	Capital Markets	1.48%	0.0%
AVALON TECHNOLOGIES LIMITED	Electrical Equipment	1.48%	+11.7%
One 97 Communications Limited	Financial Technology (Fintech)	1.47%	0.0%
PB Fintech Limited	Financial Technology (Fintech)	1.45%	−35.4%
Indian Bank	Banks	1.44%	0.0%
ACME Solar Holdings Ltd.	Power	1.33%	+12139.4%
TD Power Systems Limited	Electrical Equipment	1.26%	0.0%
Godfrey Phillips India Limited	Cigarettes & Tobacco Products	1.25%	0.0%
Poly Medicure Ltd	Healthcare Equipment & Supplies	1.23%	0.0%
Lupin Limited	Pharmaceuticals & Biotechnology	1.11%	0.0%
Prestige Estates Projects Limited	Realty	1.09%	−32.4%
JSW Energy Limited	Power	0.95%	−54.0%
CG Power And Industrial Solutions Ltd	Electrical Equipment	0.93%	0.0%
Atlanta Electricals Limited	Electrical Equipment	0.87%	0.0%
TRIVENI TURBINE LTD.	Electrical Equipment	0.70%	0.0%
Kirloskar Oil Engines Ltd	Industrial Products	0.15%	−58.5%
SAFARI INDUSTRIES (INDIA) LIMITED	Consumer Durables	0.12%	−2.1%
Syngene International Limited	Healthcare Services	0.06%	0.0%
CRISIL Limited	Finance	0.04%	0.0%
IDFC First Bank Limited	Banks	0.03%	0.0%
Max Financial Services Limited	Insurance	0.03%	0.0%
Muthoot Finance Limited	Finance	0.03%	0.0%
Dixon Technologies (India) Limited	Consumer Durables	0.02%	0.0%
JK Cement Limited	Cement & Cement Products	0.02%	0.0%
KEI Industries Limited	Industrial Products	0.02%	0.0%
Mazagon Dock Shipbuilders Limited	Industrial Manufacturing	0.02%	0.0%
Bharti Hexacom Limited	Telecom - Services	0.01%	0.0%
Kaynes Technology India Ltd.	Industrial Manufacturing	0.01%	0.0%
TVS Motor Company Limited	Automobiles	0.01%	−97.3%
PERSISTENT SYSTEMS LTD	IT - Software	0.01%	0.0%
Anthem Biosciences Limited	Pharmaceuticals & Biotechnology	0.01%	0.0%
Max Healthcare Institute Limited	Healthcare Services	0.01%	0.0%
SWIGGY LIMITED	Retailing	0.01%	0.0%
Eternal Limited	Retailing	0.00%	0.0%
GABRIEL INDIA LIMITED	Auto Components	0.00%	0.0%
Schaeffler India Ltd	Auto Components	0.00%	0.0%
Biocon Limited	Pharmaceuticals & Biotechnology	0.00%	0.0%
Abbott India Limited	Pharmaceuticals & Biotechnology	0.00%	0.0%
NTPC Green Energy Limited	Power	0.00%	0.0%
Billionbrains Garage Ventures Ltd.	Capital Markets	0.00%	0.0%

HSBC Midcap Fund Stocks Bought and Sold

All changes are between August 2026 and September 2026

Stocks bought and sold in September 2026

Meesho Limited	Added	+11.2%	5.04%
The Federal Bank Limited	Added	+8.1%	3.90%
PB Fintech Limited	Reduced	−35.4%	1.45%
Aditya Infotech Limited	Added	+24.9%	3.64%
APAR INDUSTRIES LTD	Reduced	−6.9%	3.16%
Dhoot Transmission Limited	Added	+248.1%	2.91%
Radico Khaitan Limited	Added	+7.5%	2.89%
Zydus Lifesciences Limited	Added	+39.1%	2.82%
AU Small Finance Bank Limited	Added	+38.3%	2.34%
Hitachi Energy India Limited	Added	+12.4%	2.28%
Coforge Limited	Added	+31.8%	2.28%
JSW Energy Limited	Reduced	−54.0%	0.95%
Shadowfax Technologies Limited	Added	+11.0%	1.77%
Prestige Estates Projects Limited	Reduced	−32.4%	1.09%
IndusInd Bank Limited	Added	+41.2%	1.64%
AVALON TECHNOLOGIES LIMITED	Added	+11.7%	1.48%
ACME Solar Holdings Ltd.	Added	+12139.4%	1.33%
Kirloskar Oil Engines Ltd	Reduced	−58.5%	0.15%
TVS Motor Company Limited	Reduced	−97.3%	0.01%
SAFARI INDUSTRIES (INDIA) LIMITED	Reduced	−2.1%	0.12%
Bosch Home Comfort India Limited	Sold out	−100%	was 0.08%
Creditaccess Grameen Limited	Sold out	−100%	was 0.02%
BSE Ltd	Sold out	−100%	was 0.00%

A change is counted by the number of shares the fund holds, not by price. A stock can become a smaller part of the fund in a month when the fund bought more of it, if its price fell. Debt papers are left out.

What HSBC Midcap Fund bought and sold

HSBC Midcap Fund Portfolio Overlap

Funds with the most similar portfolios, across every fund house and category

Fund	Overlap	Holdings in common
HSBC Large & Mid Cap FundLarge & Mid Cap · HSBC	57.3%	42	Compare
HSBC Multi Asset Allocation FundMulti Asset · HSBC	35.7%	29	Compare
SBI Nifty Midcap 150 Momentum 50 ETFETF · SBI	32.7%	21	Compare
Kotak Nifty Midcap 150 Momentum 50 Index FundIndex · Kotak Mahindra	32.7%	21	Compare
Motilal Oswal Nifty Midcap 150 Momentum 50 ETFETF · Motilal Oswal	32.7%	21	Compare
Tata NIFTY Midcap 150 Momentum 50 Index FundIndex · Tata	32.7%	21	Compare
Edelweiss Nifty Midcap150 Momentum 50 Index FundIndex · Edelweiss	32.7%	21	Compare
Motilal Oswal BSE Midcap 150 Momentum 30 Index FundIndex · Motilal Oswal	32.4%	16	Compare

Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.

HSBC Midcap Fund Overview

Fund facts from the scheme summary document, as on 16-10-2026

Expense ratio (Direct): 1.11%
Expense ratio (Regular): 2.18%
Category: Mid Cap
Risk: Very High
Benchmark: Nifty Midcap 150 TRI
Launch date: 09-08-2004
Minimum investment: ₹5,000
Minimum additional investment: ₹1,000
AUM: ₹16,799.59 Cr (30-09-2026)
Lock in: None
Scheme code (Direct): 151036
ISIN (Direct): INF917K01FZ1
Scheme code (Regular): 151034
ISIN (Regular): INF917K01254
NAV history: From 28-11-2022, 3.9 years

Exit load: Exit load for units in excess of 10% of the investment, 1% will be charged for redemption within 1 year.

Tax on HSBC Midcap Fund returns

HSBC Midcap Fund is taxed as an equity fund: 65% or more of it is in Indian stocks.
Units sold within 1 year: the gain is taxed at 20%.
Units held longer: gains above ₹1.25 lakh in a financial year, across all your equity funds and shares, are taxed at 12.5%.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.

Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.

All plans and options

Plan	Option	NAV	As on
direct	Growth	₹502.2936	30-10-2026
direct	IDCW	₹88.6245	30-10-2026
regular	Growth	₹438.4292	30-10-2026
regular	IDCW	₹75.7321	30-10-2026

About HSBC Midcap Fund

HSBC Midcap Fund is a mutual fund from HSBC Mutual Fund. Its category is Mid Cap. It was launched on 09-08-2004. Its benchmark is Nifty Midcap 150 TRI. At the end of September 2026 it held 72 securities.

Fund Manager

Cheenu Gupta
Fund manager of HSBC Midcap Fund, since 01-03-2024
Mayank Chaturvedi
Fund manager of HSBC Midcap Fund, since 01-10-2025
Dipan S. Parikh
Fund manager of HSBC Midcap Fund, since 26-08-2026

See all funds of HSBC Mutual Fund

AUM change

September 2026: ₹16,799.59 Cr; −2.26% from August 2026
August 2026: ₹17,188.24 Cr; +10.34% from July 2026
July 2026: ₹15,578.18 Cr; +1.47% from June 2026

AUM moves with money invested or taken out, and with the value of what the fund holds.

Compare HSBC Midcap Fund with Other Funds

Returns, risk, costs and the stocks they share, side by side

HSBC Midcap vs Invesco India Mid capMid Cap
HSBC Midcap vs WhiteOak Capital Mid CapMid Cap
HSBC Midcap vs ICICI Prudential Mid CapMid Cap
HSBC Midcap vs Edelweiss Mid CapMid Cap
HSBC Midcap vs HSBC Large & Mid Cap57.3% overlap
HSBC Midcap vs HSBC Multi Asset Allocation35.7% overlap
HSBC Midcap vs SBI Nifty Midcap 150 Momentum 50 ETF32.7% overlap
HSBC Midcap vs Kotak Nifty Midcap 150 Momentum 50 Index32.7% overlap

Compare with any other fund

Frequently Asked Questions for HSBC Midcap Fund

What is the current NAV of HSBC Midcap Fund?

The Direct plan NAV is ₹502.2936. The Regular plan NAV is ₹438.4292, as on 30-10-2026.

What are the returns of HSBC Midcap Fund?

The Direct plan returned +9.56% in 1 year, +21.64% a year over 3 years. The Regular plan returned +8.40% in 1 year, +20.36% a year over 3 years. These figures are as on 30-10-2026.

What is the expense ratio of HSBC Midcap Fund?

The Direct plan charges 1.11% a year. The Regular plan charges 2.18% a year. This is the figure the fund house reported to AMFI, in force from 22-10-2026.

What is the AUM of HSBC Midcap Fund?

HSBC Midcap Fund managed ₹16,799.59 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.

What are the top holdings of HSBC Midcap Fund?

At the end of September 2026 the largest holdings were LENSKART (5.08%), MEESHO (5.04%), FEDERALBNK (3.90%), CPPLUS (3.64%), PIRAMALFIN (3.56%). The fund held 72 securities in all.

What did HSBC Midcap Fund buy and sell in September 2026?

It sold out of 3: BSE Ltd, Creditaccess Grameen Limited, Bosch Home Comfort India Limited. It added shares in 13. It reduced 7.

How do I invest in HSBC Midcap Fund?

Through HSBC Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least ₹5,000. You can invest once or through a monthly SIP.

Who is the fund manager of HSBC Midcap Fund?

Cheenu Gupta (since 01-03-2024), Mayank Chaturvedi (since 01-10-2025), Dipan S. Parikh (since 26-08-2026).

Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.

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.