MF Gyan
mid capHigh risk4 years oldAccelerating recently (last 6m ≈ 52% p.a.)

HSBC Midcap Fund - Direct Plan - Growth

Invests in mid-sized companies (ranked 101-250). Faster growing than large cap, but with bigger price swings. From HSBC Mutual Fund. It's been running since 28 Nov 2022.

Latest price per unit
₹544.9462
▼ 0.57% today
As of 4 Sep 2026 · updated once each business day

What ₹1 lakh would have become

Based on past returns
Invested 1 year ago
₹1.23 L
▲ ₹23.3k gain · 23.3% / year
Invested 3 years ago
₹1.96 L
▲ ₹96.0k gain · 25.2% / 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₹2.40 L
Gain / loss+₹60.3k
XIRR (annualised)20.71%
Looking forward · hypothetical
You would invest₹1.80 L
Would become*₹2.51 L
Projected gain*+₹71.0k
*at this fund's historical rate of 20.71% 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 25 other funds in Equity Schemes - Mid Cap Fund

Same plan
1-year return
23.32%median 12.36% (+10.96%)
Rank #1 of 26Beats 100% of peers
3-year return
25.15%median 18.69% (+6.46%)
Rank #1 of 26Beats 100% of peers
Bumpiness (3Y)
18.65%median 16.63% (+2.01%)
Rank #23 of 26Less risky than 4% of peers
Worst-ever drop
-25.96%median -22.72% (-3.24%)
Rank #12 of 26Less risky than 56% 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. 3 of last 5 years were positive.

-1%
2022
+41%
2023
+41%
2024
-1%
2025
+19%
2026
Best year
2024 · 41.18%
Worst year
2025 · -1.07%

Price over time

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

Bumpiness & worst drops

Day-to-day bumpiness
18.6%

The value swings roughly 19% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-25.96%

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 HSBC Midcap Fund - Direct Plan - Growth against other mid cap funds.

Technical details (for the pros)
CAGR — 1 year23.32%
CAGR — 3 years25.15%
CAGR — 5 years—
CAGR — since launch25.47%
Volatility — 1 year (annualised)16.07%
Volatility — 3 years (annualised)18.65%
Max drawdown — 1 year-11.68%
Max drawdown — 3 years-25.96%
Sharpe ratio — 1 year (rf=6%)0.96
Sharpe ratio — 3 years (rf=6%)0.91

Fund info

Fund house
HSBC Mutual Fund
Category
Equity Schemes - Mid Cap Fund
Plan
Direct
Option
Growth
ISIN (Growth)
INF917K01FZ1
ISIN (Div re-invest)
—
Fund code
151036
First price on record
28 Nov 2022 · 930 daily prices

About HSBC Midcap Fund - Direct Plan - Growth

HSBC Midcap Fund - Direct Plan - Growth is a Equity Schemes - Mid Cap Fund offered by HSBC Mutual Fund under the Direct plan with the Growth option. It has approximately 4 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 HSBC Midcap Fund - Direct Plan - Growth is ₹544.9462 (as of 4 Sep 2026). Historically, it has delivered 23.30% over the last year, 25.15% CAGR over 3 years. Returns are historical and don't predict future performance.

Over the last three years, the fund's prices have moved with 18.6% annualised volatility — a "high" level of bumpiness; its deepest peak-to-trough fall on record was 26.0%. 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 HSBC Midcap Fund - Direct Plan - Growth?+

The latest NAV of HSBC Midcap Fund - Direct Plan - Growth is ₹544.9462 as of 4 Sep 2026, down 0.57% from the previous day. NAV is updated once a business day after the market close.

What are the returns of HSBC Midcap Fund - Direct Plan - Growth?+

HSBC Midcap Fund - Direct Plan - Growth has delivered 1-year return 23.30%, 3-year CAGR 25.15%, since-inception CAGR 25.47%. Returns are historical and don't predict future performance — markets move in cycles.

What category does HSBC Midcap Fund - Direct Plan - Growth belong to?+

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

How risky is HSBC Midcap Fund - Direct Plan - Growth?+

Based on its 3-year annualised volatility of 18.6%, HSBC Midcap Fund - Direct Plan - Growth sits in the "high" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.

Is HSBC Midcap Fund - Direct Plan - Growth a direct plan?+

HSBC Midcap Fund - Direct Plan - Growth 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 HSBC Midcap Fund - Direct Plan - Growth?+

HSBC Midcap Fund - Direct Plan - Growth has NAV history available from 28 Nov 2022 — approximately 4 years of track record and 930 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.