HSBC Midcap Fund Direct Growth

HSBC Midcap Fund Direct Growth is a Equity Mutual Fund Scheme launched by HSBC Mutual Fund. This scheme was made available to investors on 27 May 2002. Venugopal Manghat is the Current Fund Manager of HSBC Midcap Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹1,03,263 Cr and the Latest NAV as of 23 Apr 2024 is ₹361.81. The HSBC Midcap Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹5,000. For units in excess of 10% of the investment, 1% will be charged for redemption within 1 year. ;

Investment Objective

To generate capital appreciation by investing primarily in midcap stocks. The Scheme will invest primarily in companies whose market capitalization falls between the highest and the lowest constituent of the Nifty Free Float Midcap 100 Index. ;