3 Year return

24.17%
Launched on January 2013 (11 years)

Investment Details

₹500

Minimum SIP Amount

₹5000

Minimum one time investment

Fund has no lock-in period

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Risk Involved

scale

Your principal will be at

Very High Risk

Scheme Information

Asset Under Management

₹12021.31 Cr.

Expense Ratio

0.67% (inclusive of GST)

Exit Load

If the units redeemed or switched out are upto 10% of the units purchased or switched in (the limit) within 1 year from the date of allotment: Nil. If units redeemed or switched out are over and above the limit within 1 year from the date of allotment: 1% If units are redeemed or switched out on or after 1 year from the date of allotment: Nil.

Ratings

ARQ Rating
1.5

Ratings by other agencies

2
2
2

Tax Implications

Withdrawal within 1 year:

20% tax on gains

Withdrawal after 1 year:

12.5% tax on gains above ₹1.25 lakh per financial year

Fund Holdings

Holdings

HSBC Mutual Fund Managers

VM

Venugopal Manghat

Fund Manager since Dec 2019

View Details

Fund House Details

HSBC Mutual Fund

HSBC Mutual Fund Asset management company

AUM ₹127,364.56 Cr.
No. of Schemes 251
Setup Date May 2002

Peer Comparison

Comparison with other similar funds

Funds
3 Y Returns
ARQ Rating

Motilal Oswal Midcap Fund

37.14%

4.5

Quant Mid Cap Fund

30.22%

4

Edelweiss Mid Cap Fund

27.23%

3

Schemes by HSBC Mutual Fund

List of mutual fund schemes by AMC

Funds 3 Years Returns

About HSBC Midcap Fund Direct IDCW Reinvestment

HSBC Midcap Fund Direct IDCW Reinvestment is an open-ended equity fund managed by HSBC Asset Management (India) Pvt. Ltd. The fund makes investments in mid-cap companies. HSBC Midcap Fund Direct IDCW Reinvestment is an open-ended fund. This means that investors can buy and sell units of the fund in the secondary market at any time. The expense ratio of HSBC Midcap Fund Direct IDCW Reinvestment is lower than the average expense ratio of for mid-cap funds.

Investment Objectives of the Scheme

The fund's investment objective is to generate long-term capital appreciation by investing in a diversified portfolio of mid-cap companies. The fund aims to achieve this by investing in companies that are well-managed and have a strong track record of growth.

Key Features of The Fund

5-year return 27.51%
Expense Ratio 0.67%
Fund Manager Venugopal Manghat
Fund Size ₹12021.31 Cr
Risk Profile Very High

Is This Scheme Right for Me?

HSBC Midcap Fund Direct IDCW Reinvestment is suitable for investors who are looking for a long-term investment with the potential for growth. The fund is best suited for investors who have a high-risk tolerance and a long investment horizon of at least 5 years. It is also important to consider your own individual circumstances and risk tolerance before investing in any fund. If you are not sure whether HSBC Midcap Fund Direct IDCW Reinvestment is right for you, you should consult with a financial advisor.

AMC Contact Details

Name HSBC Mutual Fund
Launch Date May 2002
Addresss HSBC Asset Management (India) Pvt. Ltd. 9-11 Floors, NESCO IT Park, Building no. 3, Western Express Highway, Goregaon (East), Mumbai – 400 063.
Contact 1800-200-2434 / 1800 4190 200
Email investor.line@mutualfunds.hsbc.co.in
Website https://www.assetmanagement.hsbc.co.in/en/mutual-funds

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

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FAQs

What is today's NAV of HSBC Midcap Fund Direct IDCW Reinvestment?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of HSBC Midcap Fund Direct IDCW Reinvestment Oct 04 2024 is 91.4879

What is the AUM of HSBC Midcap Fund Direct IDCW Reinvestment?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of HSBC Midcap Fund Direct IDCW Reinvestment is 12021.31 crore.

What is the expense ratio of HSBC Midcap Fund Direct IDCW Reinvestment?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of HSBC Midcap Fund Direct IDCW Reinvestment is 0.67%

What are the returns of HSBC Midcap Fund Direct IDCW Reinvestment since inception?

The HSBC Midcap Fund Direct IDCW Reinvestment was launched on Jan 01 2013. The fund has delivered a CAGR of 21.71 since inception.

What is the minimum SIP amount to invest in HSBC Midcap Fund Direct IDCW Reinvestment?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for HSBC Midcap Fund Direct IDCW Reinvestment is 500.

How do I invest in HSBC Midcap Fund Direct IDCW Reinvestment?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in HSBC Midcap Fund Direct IDCW Reinvestment?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in HSBC Midcap Fund Direct IDCW Reinvestment?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in HSBC Midcap Fund Direct IDCW Reinvestment?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.