Investment Objective and Approach

The scheme seeks to provide long-term capital appreciation/income by investing predominantly in Mid-Cap companies. This product is suitable for investors who are seeking to generate long-term capital appreciation/income investments predominantly in Mid-Cap companies.

HDFC Mid Cap Fund follows a disciplined investment approach focusing on mid-cap companies with strong business fundamentals and growth potential. The fund aims to capitalize on the growth opportunities available in the mid-cap segment of the Indian equity market while maintaining a diversified portfolio to manage risk.

Key investment principles include:

- Focus on quality mid-cap companies with sustainable competitive advantages

- Emphasis on companies with strong management teams and corporate governance

- Long-term investment horizon with patient capital approach

- Active portfolio management to optimize risk-adjusted returns

- Research-driven stock selection based on fundamental analysis

Fund Managers

Chirag Setalvad is the Current Fund Manager of HDFC Mid Cap Fund Direct Growth fund. Mr. Setalvad is a B. Sc and MBA from University of North Carolina. Mr.Chirag Setalvad has 16 years of experience of which 13 years in Fund Management and Equity Research and 3 years in investment banking.

From March 2007 till date he is with HDFC AMC. Prior to joining HDFC AMC he has worked with New Vernon Advisory Services Ltd., HDFC AMC and ING Barings N.V. The fund manager's extensive experience in equity research and fund management, combined with his deep understanding of the Indian market dynamics, positions him well to manage the complexities of mid-cap investing.

About the Fund House (AMC)

HDFC Asset Management Company Ltd., or HDFC Mutual Fund, is currently the largest mutual fund and actively managed equity mutual fund in India. It is one of the most profitable asset management companies (AMC) in the country. HDFC formed HDFC Mutual Fund as a joint venture with Standard Life Investments in 1999. HDFC Asset Management Company was the investment manager of HDFC Mutual Fund's schemes.

HDFC Asset Management Company Ltd. received approval to act as an AMC from SEBI back on 30 June 2000 under the registration number MF/044/00/6. It also offers portfolio management/non-binding investment advisory services since 18 September 2016 under the registration code PM /INP000000506 from SEBI.

The company has established itself as a market leader through:

- Strong Market Position: HDFC Asset Management Company Limited (HDFC AMC) is the Investment Manager to HDFC Mutual Fund (HDFC MF) the largest mutual fund in India with total AUM of Rs. 7.5 Lakh Crore as of March 31 2025.

- Diversified Offerings: HDFC AMC has a diversified asset class mix across Equity and Fixed Income/Others. As of June 30, 2023, HDFC Mutual Fund offers a diverse portfolio of 86 schemes spanning various categories, comprising 31 equity, 26 debt, and 7 hybrid mutual funds, with a cumulative AUM of ₹5 lakh crore.

- Investment Philosophy: HDFC AMC emphasizes a disciplined investment approach, focusing on: Risk management. Long-term value creation. Market research and analysis. Active fund management.

- Distribution Network: The company serviced more than 75000 empanelled distribution partners through 210 branches spread across more than 200 cities in India.

Should I Invest in HDFC Mid Cap Fund?

HDFC Mid Cap Fund can be suitable for investors with the following profile and objectives:

Ideal for:

- Investors seeking long-term capital appreciation over 5-7 years

- Those comfortable with higher volatility associated with mid-cap investments

- Investors looking to diversify beyond large-cap funds

- Those with moderate to high risk appetite

Key Considerations:

- AUM Size: The AUM (i.e. assets under management) of HDFC Mid Cap Fund is ₹83847.39 Cr as of 25th August 2025. This substantial AUM indicates investor confidence but may impact flexibility in stock selection.

- Expense Management: The expense ratio of HDFC Mid Cap Fund Plan is 0.74 as of 25th August 2025. This is reasonable for an actively managed mid-cap fund.

- Risk Profile: The HDFC Mid Cap Fund Direct Growth is rated Very High risk. Investors should ensure their risk tolerance aligns with this rating.

- Investment Minimums: Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹100. This makes the fund accessible to a wide range of investors.

- Exit Load: Exit load of 1% if redeemed within 1 year. This encourages long-term investment behavior.

The fund's strong fund house credentials, experienced management, and focus on the promising mid-cap segment make it a viable option for suitable investors, provided they understand and accept the associated risks.

FAQs

What is today's NAV of HDFC Mid Cap Fund?

The Latest NAV as of 26 Aug 2025 is ₹211.71. NAV changes daily based on market movements and can be checked on Allvest platform for real-time updates.

What is the AUM of HDFC Mid Cap Fund?

The fund currently has an Asset Under Management(AUM) of ₹8,65,702 Cr as of August 2025, making it one of the largest mid-cap funds in India.

What is the expense ratio of HDFC Mid Cap Fund?

The expense ratio of HDFC Mid Cap Fund Plan is 0.74 as of 25th August 2025. This covers fund management and operational expenses.

What are the returns of HDFC Mid Cap Fund since inception?

HDFC Mid-Cap Opportunities Direct Plan-Growth scheme return performance in last 1 year is 2.47%, in last 3 years is 100.69% and 1026.17% since scheme launch. Past performance doesn't guarantee future returns.

What is the minimum SIP amount to invest in HDFC Mid Cap Fund?

Minimum SIP Investment is set to ₹100. This low minimum makes systematic investing accessible to all investor categories.

How do I invest in HDFC Mid Cap Fund?

You can invest in HDFC Mid Cap Fund through Allvest platform with just a few clicks. Simply register, complete KYC, choose your investment amount, and start your investment journey.

How to start a SIP in HDFC Mid Cap Fund?

Start your SIP through Allvest by selecting the fund, choosing SIP option, setting monthly amount and date. The process is completely digital and paperless on our platform.

How do I automate an SIP in HDFC Mid Cap Fund?

Set up auto-debit from your bank account through Allvest platform. Once configured, your SIP installments will be automatically debited monthly without manual intervention.

How can I withdraw/redeem my investment in HDFC Mid Cap Fund?

Give a request for redemption of the number of units or the amount you want. The request will be acknowledged. You will get information about the redemption and the NAV at which redeemed. The amount will be deposited in the designated bank account. This can be done through Allvest platform instantly.