March 28, 2024
mayank
HSBC Midcap Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 347.9792
NAV IDCW: Rs 77.9025
Suitable For Which Investors?
When you invest for seven years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options.
This is a fund that invests in medium-sized companies. Compared to those that invest in larger companies, such funds tend to fall more when stock prices fall. So while you can expect higher returns in the long term, there will be more severe ups and downs along the way.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy:
The scheme seeks to generate long-term capital growth from an actively managed portfolio of equity and equity related securities of predominantly mid cap companies.
Fund Manager:
1) Cheenu Gupta
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.
2) Venugopal Manghat
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.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 500 |
| Min. Withdrawal (Rs) | 500 |
| Min. No of Cheques | 12 |
| Min. Balance (Rs) | 500 |
| Lock-in Period | NA |
| Exit Load | For units in excess of 10% of the investment, 1% will be charged for redemption Within 365 days |
Basic Details
| Fund House | HSBC Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 20.47% |
| Benchmark | NIFTY Midcap 150 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 9,725 Cr |
| (As on 29-Feb-2024) | |
| Expense | 0.68% |
| (As on 29-Feb-2024) | |
| Risk Grade | Average |
| Return Grade | Below Average |
| Turnover | 24.00% |
Trailing Returns (%) of HSBC Midcap Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| HSBC Midcap Dir | 7.19 | 0.23 | -0.94 | 8.09 | 23.25 | 58.93 | 23.53 | 19.86 | 16.70 | 21.71 |
| S&P BSE 150 MidCap TRI | 4.74 | 0.12 | -2.07 | 6.30 | 18.09 | 59.90 | 26.49 | 23.90 | 18.95 | 21.79 |
| Equity: Mid Cap | 4.52 | 0.33 | -1.33 | 5.53 | 17.54 | 56.29 | 25.29 | 22.69 | 17.53 | 21.23 |
| Rank within category | 7 | 23 | 14 | 7 | 7 | 18 | 18 | 18 | 14 | 7 |
| Number of funds in category | 39 | 39 | 39 | 39 | 39 | 38 | 27 | 22 | 20 | 19 |
Peer Comparison of HSBC Midcap Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| HSBC Midcap Dir | 2 star | 58.93 | 23.53 | 19.86 | 0.68 | 9,725 | 20.47 | 1.00 (365) | 11Y 2M | 24.00 |
| HDFC Mid-Cap Opportunities Dir | 4 star | 60.93 | 30.10 | 23.82 | 0.77 | 60,187 | 21.63 | 1.00 (365) | 11Y 2M | 19.31 |
| Kotak Emerging Equity Dir | 4 star | 41.94 | 23.52 | 23.20 | 0.38 | 39,738 | 20.74 | 1.00 (365) | 11Y 2M | 9.65 |
| Nippon India Growth Dir | 4 star | 60.88 | 29.17 | 25.10 | 0.88 | 24,481 | 18.79 | 1.00 (30) | 11Y 2M | 15.00 |
| SBI Magnum Midcap Dir | 4 star | 45.87 | 25.02 | 23.37 | 0.83 | 16,459 | 20.28 | 1.00 (365) | 11Y 2M | 9.00 |
Portfolio Analysis of HSBC Midcap Fund
| No. of Stocks | 76 |
| Top 10 Stocks | 25.70% |
| Top 5 Stocks | 13.84% |
| Top 3 Sectors | 42.14% |
| Portfolio P/B Ratio | 4.56 |
| Portfolio P/E Ratio | 28.59 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 47,858 | 49,240 |
| Giant (%) | 3.43 | 4.58 |
| Large (%) | 34.58 | 31.42 |
| Mid (%) | 60.89 | 61.20 |
| Small (%) | 1.10 | 3.84 |
| Tiny (%) | — | — |
How to Invest in HSBC Midcap Fund?
Chanakya’s Mutual Fund Guidance For HSBC Midcap Fund
Do not invest in this, or any other mid-cap fund, if you need to redeem your investment in less than seven years.
Apply Online: https://invest.assetmanagement.hsbc.co.in/auth/login
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