How to Invest in HSBC Midcap Fund Direct IDCW?

You can easily invest in HSBC Midcap Fund Direct IDCW 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 IDCW 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 IDCW as SIP or lumpsum as per your investment objective and risk tolerance

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

The HSBC Midcap Fund Direct IDCW has been there from 01 Jan 2013 and the average annual returns provided by this fund is 32.96% since its inception.

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

The term Expense Ratio used for HSBC Midcap Fund Direct IDCW 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 IDCW is 0.68% as of 05 Dec 2023...

What is the AUM of HSBC Midcap Fund Direct IDCW?

The AUM, short for Assets Under Management of HSBC Midcap Fund Direct IDCW is ₹8,007.73Cr as of 05 Dec 2023.

How to Redeem HSBC Midcap Fund Direct IDCW?

If you want to sell your HSBC Midcap Fund Direct IDCW 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 IDCW?

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

What is the NAV of HSBC Midcap Fund Direct IDCW?

The NAV of HSBC Midcap Fund Direct IDCW is ₹70.27 as of 04 Dec 2023.

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

The PE ratio ratio of HSBC Midcap Fund Direct IDCW 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 IDCW - NAV, Mutual Fund Performance & Portfolio

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HSBC Midcap Fund Direct IDCW
Equity
Mid Cap
Very High Risk
24.19%
3Y annualised
+0.93% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 04 Dec 2023₹70.27
Min. SIP amount₹500
Rating2
Fund size₹8,007.73Cr
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 returns33.0%24.2%17.8%20.0%
Category average29.2%26.7%20.1%NA
Rank with in category102120NA
Understand terms
Holdings (79)NameSectorInstrumentAssets
Ratnamani Metals & Tubes Ltd.
Metals & MiningEquity3.6%
Sundaram Finance Ltd.
FinancialEquity3.0%
AIA Engineering Ltd.
Metals & MiningEquity2.7%
Power Finance Corporation Ltd.
FinancialEquity2.6%
The Ramco Cements Ltd.
ConstructionEquity2.5%
Ipca Laboratories Ltd.
HealthcareEquity2.4%
Bosch Ltd.
AutomobileEquity2.3%
Crisil Ltd.
ServicesEquity2.2%
Abbott India Ltd.
HealthcareEquity2.2%
3M India Ltd.
DiversifiedEquity2.1%
See All
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
01 Dec 2023 - Present
0.68%
30 Nov 2023 - 01 Dec 2023
0.68%
29 Nov 2023 - 30 Nov 2023
0.68%
28 Nov 2023 - 29 Nov 2023
0.68%
24 Nov 2023 - 28 Nov 2023
0.68%
23 Nov 2023 - 24 Nov 2023
0.68%
22 Nov 2023 - 23 Nov 2023
0.68%
21 Nov 2023 - 22 Nov 2023
0.68%
20 Nov 2023 - 21 Nov 2023
0.68%
17 Nov 2023 - 20 Nov 2023
0.68%
16 Nov 2023 - 17 Nov 2023
0.68%
15 Nov 2023 - 16 Nov 2023
0.68%
13 Nov 2023 - 15 Nov 2023
0.68%
10 Nov 2023 - 13 Nov 2023
0.68%
09 Nov 2023 - 10 Nov 2023
0.68%
08 Nov 2023 - 09 Nov 2023
0.68%
07 Nov 2023 - 08 Nov 2023
0.69%
06 Nov 2023 - 07 Nov 2023
0.69%
03 Nov 2023 - 06 Nov 2023
0.69%
02 Nov 2023 - 03 Nov 2023
0.70%
01 Nov 2023 - 02 Nov 2023
0.70%
31 Oct 2023 - 01 Nov 2023
0.70%
30 Oct 2023 - 31 Oct 2023
0.70%
27 Oct 2023 - 30 Oct 2023
0.70%
26 Oct 2023 - 27 Oct 2023
0.70%
25 Oct 2023 - 26 Oct 2023
0.70%
23 Oct 2023 - 25 Oct 2023
0.70%
20 Oct 2023 - 23 Oct 2023
0.70%
19 Oct 2023 - 20 Oct 2023
0.69%
18 Oct 2023 - 19 Oct 2023
0.69%
17 Oct 2023 - 18 Oct 2023
0.69%
16 Oct 2023 - 17 Oct 2023
0.69%
13 Oct 2023 - 16 Oct 2023
0.69%
12 Oct 2023 - 13 Oct 2023
0.69%
11 Oct 2023 - 12 Oct 2023
0.69%
10 Oct 2023 - 11 Oct 2023
0.69%
09 Oct 2023 - 10 Oct 2023
0.70%
06 Oct 2023 - 09 Oct 2023
0.70%
05 Oct 2023 - 06 Oct 2023
0.70%
04 Oct 2023 - 05 Oct 2023
0.70%
03 Oct 2023 - 04 Oct 2023
0.69%
30 Sep 2023 - 03 Oct 2023
0.69%
29 Sep 2023 - 30 Sep 2023
0.69%
27 Sep 2023 - 29 Sep 2023
0.70%
26 Sep 2023 - 27 Sep 2023
0.70%
25 Sep 2023 - 26 Sep 2023
0.70%
22 Sep 2023 - 25 Sep 2023
0.70%
21 Sep 2023 - 22 Sep 2023
0.70%
20 Sep 2023 - 21 Sep 2023
0.70%
18 Sep 2023 - 20 Sep 2023
0.69%
15 Sep 2023 - 18 Sep 2023
0.69%
14 Sep 2023 - 15 Sep 2023
0.69%
13 Sep 2023 - 14 Sep 2023
0.70%
12 Sep 2023 - 13 Sep 2023
0.70%
11 Sep 2023 - 12 Sep 2023
0.69%
08 Sep 2023 - 11 Sep 2023
0.69%
07 Sep 2023 - 08 Sep 2023
0.69%
06 Sep 2023 - 07 Sep 2023
0.70%
05 Sep 2023 - 06 Sep 2023
0.70%
04 Sep 2023 - 05 Sep 2023
0.70%
01 Sep 2023 - 04 Sep 2023
0.70%
31 Aug 2023 - 01 Sep 2023
0.70%
31 Jul 2023 - 31 Aug 2023
0.70%
30 Jun 2023 - 31 Jul 2023
0.71%
31 May 2023 - 30 Jun 2023
0.71%
30 Apr 2023 - 31 May 2023
0.72%
31 Mar 2023 - 30 Apr 2023
0.74%
28 Feb 2023 - 31 Mar 2023
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%
30 Nov 2022 - 30 Nov 2022
0.70%
31 Oct 2022 - 30 Nov 2022
0.74%
Expense ratio, exit load and taxExpense ratio: 0.68%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₹500
Fund managementVenugopal Manghat
Oct 2023 - Present
View details
Education
Mr. Manghat is a B.Sc (Mathematics) and MBA (Finance).
Experience
Prior to joining HSBC Mutual Fund, he has worked with L&T Mutual Fund, Tata Asset Management Ltd.
Also manages these schemes
L&T Flexicap Fund Direct Growth
L&T India Large Cap Fund Direct Growth
L&T Large and Midcap Fund Direct Growth
L&T Conservative Hybrid Fund Direct Growth
HSBC Flexi Cap Fund Direct Growth
L&T Focused Equity Fund Direct Growth
HSBC Multi Cap Fund Direct Growth
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
Canara Robeco Infrastructure Direct Growth
Canara Robeco Equity Hybrid Fund Direct Growth
Canara Robeco Consumer Trends Fund Direct Growth
Canara Robeco ELSS Tax Saver Direct Growth
L&T India Large Cap Fund Direct Growth
L&T Large and Midcap Fund Direct Growth
L&T Conservative Hybrid Fund Direct Growth
HSBC Conservative Hybrid Fund Direct Growth
HSBC Tax Saver Equity Fund Direct Growth
Canara Robeco Capital Protection Oriented Fund Series 6 Direct Growth
Canara Robeco Dual Advantage Fund Series 1 Direct Growth
Canara Robeco Small Cap Fund Direct Growth
HSBC Large and Mid Cap Fund Direct Growth
HSBC Focused Fund Direct Growth
HSBC Midcap Fund Direct Growth
HSBC Small Cap Fund Direct Growth
Fund house & investment objective
HSBC Mutual Fund
Rank (total assets)#21 in India
Total AUM₹98,466.32Cr
Date of Incorporation27 May 2002
 HSBC Midcap Fund Direct IDCW 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 IDCW fund. The fund currently has an Asset Under Management(AUM) of ₹98,466 Cr and the Latest NAV as of 04 Dec 2023 is ₹70.27.
The HSBC Midcap Fund Direct IDCW 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 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,Western Express Highway, Goregaon East, Mumbai 400063
Phone
NA
Launch Date
27 May 2002
E-mail
NA
Website
www.assetmanagement.hsbc.co.in
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 IDCW
VS
Add mutual fund to compare

	1Y	3Y	5Y	All
Fund returns	33.0%	24.2%	17.8%	20.0%
Category average	29.2%	26.7%	20.1%	NA
Rank with in category	10	21	20	NA

Name	Sector	Instrument	Assets
Ratnamani Metals & Tubes Ltd.	Metals & Mining	Equity	3.6%
Sundaram Finance Ltd.	Financial	Equity	3.0%
AIA Engineering Ltd.	Metals & Mining	Equity	2.7%
Power Finance Corporation Ltd.	Financial	Equity	2.6%
The Ramco Cements Ltd.	Construction	Equity	2.5%
Ipca Laboratories Ltd.	Healthcare	Equity	2.4%
Bosch Ltd.	Automobile	Equity	2.3%
Crisil Ltd.	Services	Equity	2.2%
Abbott India Ltd.	Healthcare	Equity	2.2%
3M India Ltd.	Diversified	Equity	2.1%

Rank (total assets)	#21 in India
Total AUM	₹98,466.32Cr

Date of Incorporation	27 May 2002

Fund benchmark	NIFTY Midcap 150 Total Return Index

Vaishnavi Tech Park, 3rd & 4th Floor
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	₹8,007.73Cr

HSBC Midcap Fund Direct IDCW

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Holdings (79)

Understand terms

Expense ratio

Tax

Exit load

Stamp duty

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 0.68%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

Venugopal ManghatOct 2023 - PresentView details

Cheenu GuptaNov 2022 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

Venugopal Manghat
Oct 2023 - Present
View details

Cheenu Gupta
Nov 2022 - Present
View details