Investment Objective and Approach

HSBC Mid Cap Fund aims to generate capital appreciation by investing primarily in midcap stocks, with the scheme investing primarily in companies whose market capitalization falls between the highest and the lowest constituent of the Nifty Free Float Midcap 100 Index. The fund seeks to generate long-term capital growth from an actively managed portfolio primarily of equity and equity related securities, investing in Indian equities, foreign equities and related instruments and debt securities.

The fund follows a disciplined investment approach based on fundamental research. The equity investment process comprises three stages – Stock selection, Stock analysis and Portfolio construction, using a combination of quantitative and qualitative filters to arrive at an investable universe of stocks. Stock ideas are evaluated based on three key parameters: Quality of Business, ESG and Valuation.

Key investment features:

- Focus on companies with an attractive combination of profitability and valuation

- Look to own scalable businesses with strong execution capability, proven management track record and strong financials

- A top down and bottom up approach is used to invest in equity and equity related instruments

- True to label fund that stays committed to its mid-cap mandate

Fund Managers

Venugopal Manghat is the current Fund Manager of HSBC Mid Cap Fund. Mr. Manghat holds a B.Sc (Mathematics) and MBA (Finance). Prior to joining HSBC Mutual Fund, he has worked with L&T Mutual Fund and Tata Asset Management Ltd.

The fund is also co-managed by experienced professionals including Cheenu Gupta and Sonal Gupta, who bring significant expertise in equity portfolio management.

About the Fund House (AMC)

HSBC Asset Management (India) Private Limited is the investment manager for HSBC Mid Cap Fund. HSBC Mutual Fund serves more than 1 million customers through its 1000 plus offices spread all over India. It operates with a total corpus of Rs. 109,825.42 Crore as of 2024, and offers more than 103 different types of schemes under three types of options: equity, debt, and product add-on funds.

HSBC's Mutual Fund house was set up in accordance with the Indian Trusts Act of 1882, with registration number MF/046/02/5 (dated May 27, 2002) under SEBI's guidelines. The AMC is backed by HSBC's global expertise and strong financial foundation, with the parent company having a market capitalization of over £102.7 billion.

Should I Invest in HSBC Mid Cap Fund?

HSBC Mid Cap Fund is suitable for investors seeking:

Investment Suitability:

- Long-term wealth creation through mid-cap equity exposure

- Investors who can stay invested for seven years or more to expect gains that comfortably beat the inflation rate

- Those comfortable with higher volatility for potentially higher returns

- Investors wanting exposure to medium-sized companies with growth potential

Key Fund Metrics (as of July 2025):

- AUM: ₹1,35,012 Cr as of 24 Jul 2025

- Expense Ratio: 0.69% (Direct Plan)

- Minimum SIP Investment: ₹500

- Minimum Lumpsum Investment: ₹5,000

Risk Considerations:

- The fund is rated Very High Risk

- Compared to large-cap funds, mid-cap 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

- Warning: Do not invest in this or any other mid-cap fund if you need to redeem your investment in less than seven years

FAQs

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

The NAV changes daily. You can check the current NAV on the HSBC Mutual Fund website or investment platforms like Allvest for real-time updates.

What is the AUM of HSBC Mid Cap Fund?

As of 24 Jul 2025, the fund has an Asset Under Management (AUM) of ₹1,35,012 Cr.

What is the expense ratio of HSBC Mid Cap Fund?

The expense ratio is 0.69% for the Direct Plan and around 1.71% for the Regular Plan.

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

HSBC Mid Cap Fund has given a CAGR return of 19.11% since inception.

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

The minimum SIP investment is ₹500.

How do I invest in HSBC Mid Cap Fund?

You can invest through Allvest's platform, the HSBC Mutual Fund website, or authorized distributors. Complete your KYC and choose between SIP or lump sum investment options.

How to start a SIP in HSBC Mid Cap Fund?

Register on Allvest, complete your KYC, select HSBC Mid Cap Fund, choose SIP option, set your monthly amount (minimum ₹500), and set up auto-debit instructions.

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

Set up an auto-debit mandate through your bank account when starting the SIP on Allvest. This will automatically deduct the SIP amount on your chosen date each month.

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

Log into your Allvest account or the platform where you invested, go to your portfolio, select the fund, choose redemption option, and specify the amount or units to redeem. Note: Exit load of 1% applies for redemption within 1 year for units in excess of 10% of the investment.