MF Gyan
mid capHigh risk14 years oldCooling recently (last 6m ≈ 11% p.a.)

HDFC Mid Cap Fund - Direct Plan - Growth Option

Invests in mid-sized companies (ranked 101-250). Faster growing than large cap, but with bigger price swings. From HDFC Mutual Fund. It's been running since 1 Jan 2013.

Latest price per unit
₹236.391
▼ 0.47% today
As of 1 Sep 2026 · updated once each business day

What ₹1 lakh would have become

Based on past returns
Invested 1 year ago
₹1.12 L
▲ ₹11.6k gain · 11.6% / year
Invested 3 years ago
₹1.68 L
▲ ₹67.8k gain · 18.8% / year
Invested 5 years ago
₹2.51 L
▲ ₹1.51 L gain · 20.2% / year

These are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.

SIP simulator

Play with a monthly investment

Slide the amount and switch the duration. Left column uses real past prices. Right column projects forward using this fund's historical rate — a calculation, not a prediction.

₹5.0k
Looking back · real
You would have invested₹1.80 L
Value today₹2.17 L
Gain / loss+₹36.6k
XIRR (annualised)13.09%
Looking forward · hypothetical
You would invest₹1.80 L
Would become*₹2.21 L
Projected gain*+₹41.4k
*at this fund's historical rate of 13.09% per year. Actual future returns can be different — sometimes very different.
Value Cumulative invested
Reality check. The backward SIP is real math on real past NAVs. The forward projection assumes the fund keeps up its historical rate — which rarely happens exactly. Past performance is not a promise. MF Gyan does not recommend any specific investment.
How it compares to peers

Vs 50 other funds in Equity Scheme - Mid Cap Fund

Same plan
1-year return
11.64%median 8.40% (+3.23%)
Rank #14 of 51Beats 73% of peers
3-year return
18.83%median 16.40% (+2.43%)
Rank #12 of 51Beats 75% of peers
5-year return
20.20%median 14.35% (+5.85%)
Rank #1 of 51Beats 100% of peers
Bumpiness (3Y)
15.07%median 16.91% (-1.83%)
Rank #5 of 51Less risky than 92% of peers
Worst-ever drop
-39.51%median -35.55% (-3.96%)
Rank #19 of 51Less risky than 64% of peers

Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.

Year by year

Calendar-year returns. 7 of last 7 years were positive.

+22%
2020
+39%
2021
+12%
2022
+44%
2023
+29%
2024
+7%
2025
+5%
2026
Best year
2023 · 44.14%
Worst year
2026 · 5.05%

Price over time

How the per-unit price has moved. Tap a range to zoom in.

Bumpiness & worst drops

Day-to-day bumpiness
15.1%

The value swings roughly 15% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-39.51%

A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.

Similar funds you might want to look at

Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.

Head-to-head comparisons

Side-by-side comparisons of HDFC Mid Cap Fund - Direct Plan - Growth Option against other mid cap funds.

Technical details (for the pros)
CAGR — 1 year11.64%
CAGR — 3 years18.83%
CAGR — 5 years20.20%
CAGR — since launch20.35%
Volatility — 1 year (annualised)13.88%
Volatility — 3 years (annualised)15.07%
Max drawdown — 1 year-12.57%
Max drawdown — 3 years-16.76%
Sharpe ratio — 1 year (rf=6%)0.38
Sharpe ratio — 3 years (rf=6%)0.78

Fund info

Fund house
HDFC Mutual Fund
Category
Equity Scheme - Mid Cap Fund
Plan
Direct
Option
Growth
ISIN (Growth)
INF179K01XQ0
ISIN (Div re-invest)
—
Fund code
118989
First price on record
1 Jan 2013 · 3,364 daily prices

About HDFC Mid Cap Fund - Direct Plan - Growth Option

HDFC Mid Cap Fund - Direct Plan - Growth Option is a Equity Scheme - Mid Cap Fund offered by HDFC Mutual Fund under the Direct plan with the Growth option. It has approximately 14 years of NAV track record. The fund falls in the mid cap category — Invests in mid-sized companies (ranked 101-250). Faster growing than large cap, but with bigger price swings.

The current NAV of HDFC Mid Cap Fund - Direct Plan - Growth Option is ₹236.3910 (as of 1 Sep 2026). Historically, it has delivered 11.63% over the last year, 18.83% CAGR over 3 years, 20.20% CAGR over 5 years. Returns are historical and don't predict future performance.

Over the last three years, the fund's prices have moved with 15.1% annualised volatility — a "high" level of bumpiness; its deepest peak-to-trough fall on record was 39.5%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.

Frequently asked

What is the latest NAV of HDFC Mid Cap Fund - Direct Plan - Growth Option?+

The latest NAV of HDFC Mid Cap Fund - Direct Plan - Growth Option is ₹236.3910 as of 1 Sep 2026, down 0.47% from the previous day. NAV is updated once a business day after the market close.

What are the returns of HDFC Mid Cap Fund - Direct Plan - Growth Option?+

HDFC Mid Cap Fund - Direct Plan - Growth Option has delivered 1-year return 11.63%, 3-year CAGR 18.83%, 5-year CAGR 20.20%, since-inception CAGR 20.35%. Returns are historical and don't predict future performance — markets move in cycles.

What category does HDFC Mid Cap Fund - Direct Plan - Growth Option belong to?+

HDFC Mid Cap Fund - Direct Plan - Growth Option is categorised as Equity Scheme - Mid Cap Fund. Invests in mid-sized companies (ranked 101-250). Faster growing than large cap, but with bigger price swings.

How risky is HDFC Mid Cap Fund - Direct Plan - Growth Option?+

Based on its 3-year annualised volatility of 15.1%, HDFC Mid Cap Fund - Direct Plan - Growth Option sits in the "high" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.

Is HDFC Mid Cap Fund - Direct Plan - Growth Option a direct plan?+

HDFC Mid Cap Fund - Direct Plan - Growth Option is a Direct plan (no distributor commission — lower expense ratio) with the Growth option (all returns compound within the fund, no interim payouts).

How old is HDFC Mid Cap Fund - Direct Plan - Growth Option?+

HDFC Mid Cap Fund - Direct Plan - Growth Option has NAV history available from 1 Jan 2013 — approximately 14 years of track record and 3,364 daily NAV observations.

Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.