HSBC Midcap Fund Direct Plan Growth

• Alpha 0.50%
• Beta 0.82
• Sharpe Ratio1.13
• Std Deviation 16.78%
• Tracking Error 7.06%

To seek to generate long-term capital growth from an actively managed portfolio of equity and equity related securities of predominantly mid cap companies. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.

The HSBC Midcap Fund Direct Plan Growth has an AUM of 12175.46 crores & has delivered CAGR of 18.64% in the last 5 years. The fund has an exit load of 1.00% and an expense ratio of 0.65%. The minimum investment in HSBC Midcap Fund Direct Plan Growth is Rs 5000 and the minimum SIP is Rs 500.

As per morningstar the risk & return rating of the fund are Medium & Exceptional respectively.

The top holdings of the fund include Ashok Leyland, FSN E-Commerce Ventures Ltd, Multi Commodity Exchange Of India & GE Vernova T&D India.

The major sectors where the fund is invested are Regional Banks, Software & Programming, Electronic Instr. & Controls & Investment Services.

Some of the similar funds are Sundaram Mid Cap - Direct Plan - Growth Option, HSBC Midcap Fund Direct Plan Growth, Franklin India Mid Cap Fund Direct Growth, UTI Mid Cap Fund-Growth Option- Direct, PGIM India Midcap Fund Direct Growth. HSBC Midcap Fund Direct Plan Growth has a sharpe ratio of 1.13 & a standard deviation of 16.78%.