HSBC Midcap Fund Growth

• Alpha -0.65%
• Beta 0.82
• Sharpe Ratio0.77
• Std Deviation 17.43%
• Tracking Error 7.07%

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 Growth has an AUM of 10361.74 crores & has delivered CAGR of 26.30% in the last 5 years. The fund has an exit load of 1.00% and an expense ratio of 1.74%. The minimum investment in HSBC Midcap Fund Growth is Rs 5000 and the minimum SIP is Rs 500.

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

The top holdings of the fund include Max Healthcare Institute, Persistent Systems, Bse & Dixon Technologies (india).

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

Some of the similar funds are Edelweiss Mid Cap Fund Growth, Invesco India Mid Cap Fund Growth, Quant Mid Cap Fund Growth, HSBC Midcap Fund Growth, PGIM India Midcap Opportunities Fund Regular Growth. HSBC Midcap Fund Growth has a sharpe ratio of 0.77 & a standard deviation of 17.43%.