How to Invest in HSBC Midcap Fund Direct Growth?

You can easily invest in HSBC Midcap Fund Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for HSBC Midcap Fund Direct Growth from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in HSBC Midcap Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does HSBC Midcap Fund Direct Growth provide?

The HSBC Midcap Fund Direct Growth has been there from 01 Jan 2013 and the average annual returns provided by this fund is 0.53% since its inception.

How much expense ratio is charged by HSBC Midcap Fund Direct Growth?

The term Expense Ratio used for HSBC Midcap Fund Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of HSBC Midcap Fund Direct Growth is 0.74% as of 29 Mar 2023...

What is the AUM of HSBC Midcap Fund Direct Growth?

The AUM, short for Assets Under Management of HSBC Midcap Fund Direct Growth is ₹6,980.71Cr as of 29 Mar 2023.

How to Redeem HSBC Midcap Fund Direct Growth?

If you want to sell your HSBC Midcap Fund Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of HSBC Midcap Fund Direct Growth?

You can select either SIP or Lumpsum investment of HSBC Midcap Fund Direct Growth based on your investment objective and risk tolerance.

What is the NAV of HSBC Midcap Fund Direct Growth?

The NAV of HSBC Midcap Fund Direct Growth is ₹218.85 as of 28 Mar 2023.

What is the PE and PB ratio of HSBC Midcap Fund Direct Growth?

The PE ratio ratio of HSBC Midcap Fund Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

HSBC Midcap Fund Direct Growth - NAV, Mutual Fund Performance & Portfolio

HSBC Midcap Fund Direct Growth
Equity
Mid Cap
Very High Risk
28.20%
3Y annualised
-0.04% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 28 Mar 2023₹218.85
Min. SIP amount₹1,000
Rating2
Fund size₹6,980.71Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Equity Mid Cap
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns0.5%28.2%8.6%17.2%
Category average0.6%32.3%10.7%NA
Rank with in category192018NA
Understand terms
Holdings (94)NameSectorInstrumentAssets
Ratnamani Metals & Tubes Ltd.Metals & MiningEquity3.3%
Emami Ltd.Consumer StaplesEquity2.6%
Cummins India Ltd.Capital GoodsEquity2.5%
Sundaram Finance Ltd.FinancialEquity2.4%
Abbott India Ltd.HealthcareEquity2.3%
Bosch Ltd.AutomobileEquity2.3%
The Indian Hotels Company Ltd.ServicesEquity2.1%
Crisil Ltd.ServicesEquity2.1%
Ipca Laboratories Ltd.HealthcareEquity2.0%
Indian BankFinancialEquity1.9%
See All
DisclaimerThis content is derived from publicly available information, internal sources, and other third-party sources believed to be reliable. We, at Nextbillion Technology Pvt. Ltd. (Groww), do not guarantee the accuracy of such information, or assure its completeness, or warrant that such information will not be changed.
All comparisons are done with the category average metrics for this category.
Pros and cons
Category: Equity Mid Cap
Pros
Cons
Lower expense ratio: 0.74%
3Y and 5Y annualised returns lower than category average
1Y and 10Y annualised returns higher than category average
Low rating: 2
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
28 Feb 2023 - Present
0.74%
31 Jan 2023 - 28 Feb 2023
0.72%
31 Dec 2022 - 31 Jan 2023
0.71%
31 Dec 2022 - 31 Dec 2022
0.71%
30 Nov 2022 - 31 Dec 2022
0.70%
30 Nov 2022 - 30 Nov 2022
0.70%
31 Oct 2022 - 30 Nov 2022
0.74%
Expense ratio, exit load and taxExpense ratio: 0.74%Inclusive of GST
Exit loadFor units in excess of 10% of the investment, 1% will be charged for redemption within 1 year.
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year. 
Understand terms
Check past data
Minimum investment amountsMin. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹1,000
Fund managementVihang Naik
Jun 2016 - Present
View details
Education
Mr. Naik is a CFA & BMS.
Experience
Prior to joining HSBC Mutual Fund, he was associated with L&T Mutual Fund, MF Global, Motilal Oswal Securities and SBICAP Securities.
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Cheenu Gupta
Nov 2022 - Present
View details
Education
Ms. Gupta is CFA Charter holder (USA), PGDBM (Finance) & B.E. (I.T)
Experience
Prior to joining HSBC Mutual Fund, she has worked with L&T Mutual Fund, Canara Robeco Mutual Fund, Tata AIA Life Insurance Company as Fund Manager, ING Investment Management as Senior Research Analyst and UTI AMC Ltd. as Research Analyst.
Also manages these schemes
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HSBC Midcap Fund Direct Growth
Fund house & investment objective
HSBC Mutual Fund
Rank (total assets)#21 in India
Total AUM₹13,220.91Cr
Date of Incorporation27 May 2002
 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 ₹13,221 Cr and the Latest NAV as of 28 Mar 2023 is ₹218.85.
The HSBC Midcap Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹1,000. 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 ObjectiveTo 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.
;
Fund benchmarkNIFTY Midcap 150 Total Return Index
Scheme Information Document(SID)
Fund house contact details
Address
9-11th Floor,NESCO - IT Park Bldg. 3, Nesco Complex,Western Express Highway, Goregaon East, Mumbai 400063
Phone
022-66145000 / 66668819 / 1800-200-2434
Launch Date
27 May 2002
E-mail
[email protected]
Website
NA
HSBC Mutual Fund
Asset Management Company
Custodian
Citibank NA
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Email
[email protected]
Website
www.camsonline.com
Compare funds
HSBC Midcap Fund Direct Growth
VS
Add mutual fund to compare

	1Y	3Y	5Y	All
Fund returns	0.5%	28.2%	8.6%	17.2%
Category average	0.6%	32.3%	10.7%	NA
Rank with in category	19	20	18	NA

Name	Sector	Instrument	Assets
Ratnamani Metals & Tubes Ltd.	Metals & Mining	Equity	3.3%
Emami Ltd.	Consumer Staples	Equity	2.6%
Cummins India Ltd.	Capital Goods	Equity	2.5%
Sundaram Finance Ltd.	Financial	Equity	2.4%
Abbott India Ltd.	Healthcare	Equity	2.3%
Bosch Ltd.	Automobile	Equity	2.3%
The Indian Hotels Company Ltd.	Services	Equity	2.1%
Crisil Ltd.	Services	Equity	2.1%
Ipca Laboratories Ltd.	Healthcare	Equity	2.0%
Indian Bank	Financial	Equity	1.9%

Rank (total assets)	#21 in India
Total AUM	₹13,220.91Cr

Date of Incorporation	27 May 2002

Fund benchmark	NIFTY Midcap 150 Total Return Index

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Sarjapur Main Road, Bellandur
Bengaluru – 560103
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Min. for 1st investment	₹5,000
Min. for 2nd investment onwards	₹1,000

Rating	2
Fund size	₹6,980.71Cr

HSBC Midcap Fund Direct Growth

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Holdings (94)

Disclaimer

Pros and cons

Pros

Cons

Understand terms

Expense ratio

Tax

Exit load

Stamp duty

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 0.74%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

Vihang NaikJun 2016 - PresentView details

Cheenu GuptaNov 2022 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

Vihang Naik
Jun 2016 - Present
View details

Cheenu Gupta
Nov 2022 - Present
View details