MonitorDirect · GrowthWatch before adding
HSBC Large & Mid Cap Fund
HSBC Mutual FundEquity Schemes - Large & Mid Cap Fund7.6 years
The scheme seeks long term capital growth through investments in both large cap and mid cap stocks.
- NAV
- 31.2621
- 27 Oct 2026
- 1Y
- +2.8%
- Trailing CAGR
- AUM
- ₹5,783.61 Cr
- 30 Sept 2026
- Volatility
- High
- 18.4% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 27 Oct 2026
Stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
In three lines
Fits if · Three-year return is above the category median.
Fits if · Risk-adjusted return sits above the documented risk-free proxy.
Prefer peers if · Prefer Helios Large & Mid Cap Fund if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Pass
7.6 years of path to read.
Engine status
Watch
Recent evidence is mixed. Compare peers before increasing exposure.
Expense ratio
Pass
1.34% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Watch
Peak-to-trough -36.1%. Ask whether you can hold through a similar fall.
Vs category
Watch
50% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
Watch
Mayank Chaturvedi · 1.1 years on the scheme.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Pass
Top 10 holdings ≈ 38.1% of the portfolio.
Browse category
Same-category peers are preloaded into compare when available.
Before you buy or SIP
Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.
Drawdown rehearsal
This scheme’s worst fall on file is about 36%. Before you SIP, ask whether you would keep contributing through a similar drop - pausing on fear is the usual India MF failure mode.
SIP discipline
Monitor is recent mixed evidence - keep the SIP unless the buying brief says prefer peers, then swap with intent.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y+2.8%
- 3Y+16.8%
- 5Y+12.8%
- 10Yn/a
- SI+16.3%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+3.1%
- 3Y+8.4%
- 5Y+14.3%
- 10Yn/a
- Since inception
- +16.3%
- Calendar-day CAGR
- Excess 1Y
- +7.7%
- Category median, same plan and option
- 3Y win rate
- +50%
- Windows beating the median
- 3Y percentile
- 86
- Vs comparable share classes
- SIP 3Y XIRR
- +8.4%
- Simulated monthly SIP
- Worst rolling 3Y
- +12.4%
- 1125 daily-ending windows
- Median rolling 3Y
- +20.9%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 633 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -36.1%
- Worst peak-to-trough
- Current
- -8.0%
- Below last peak
- Current spell
- 57 days
- Days below latest peak
- Time below peak
- +86%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 17 days
- 93 recovered episodes
- Longest recovery
- 474 days
- Trough to prior peak
20 Feb 2020 – 11 Nov 2020
Trough 23 Mar 2020 · recovered in 233 days
-36.1%
16 Dec 2024 – 17 Jun 2026
Trough 28 Feb 2025 · recovered in 474 days
-25.1%
17 Jan 2022 – 30 May 2023
Trough 20 Jun 2022 · recovered in 344 days
-21.4%
31 Aug 2026 – open
Trough 23 Oct 2026 · not recovered
-11.1%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
86
Vs category
98
Consistency
44
Risk-adjusted
56
Drawdown
10
Mean
59
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Monitor
Buying stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
Why this status
- Maximum drawdown exceeded 35%.
Supporting reads
- Three-year return is above the category median.
- Risk-adjusted return sits above the documented risk-free proxy.
Portfolio
30 Sept 2026 · 81 holdings · top 10 are 38.1%.
- Top 5
- 24.4%
- Top 10
- 38.1%
- Largest holding
- 6.5%
- Effective holdings
- 38.3
ICICI Bank Ltd
Financial
6.5%
HDFC Bank Ltd
Financial
5.8%
Lenskart Solutions Ltd.
Consumer Discretionary
5.0%
Meesho Ltd.
Consumer Discretionary
3.8%
Aditya Infotech Ltd.
Technology
3.4%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Helios Large & Mid Cap Fund
Helios Mutual Fund
- 1Y
- -4.0%
- 3Y
- n/a
- Vol
- 15.9%
- Max DD
- -18.0%
- Sharpe
- 0.01
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
Caveat: Lower trailing returns
JM Large & Mid Cap Fund
JM Financial Mutual Fund
- 1Y
- -4.3%
- 3Y
- n/a
- Vol
- 14.4%
- Max DD
- -15.5%
- Sharpe
- -0.29
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
Caveat: Lower trailing returns
WhiteOak Capital Large & Mid Cap Fund
WhiteOak Capital Mutual Fund
- 1Y
- -3.2%
- 3Y
- n/a
- Vol
- 14.5%
- Max DD
- -16.0%
- Sharpe
- 0.41
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
Caveat: Lower trailing returns
Invesco India Large & Mid Cap Fund
Invesco Mutual Fund
- 1Y
- -0.7%
- 3Y
- +20.8%
- Vol
- 15.9%
- Max DD
- -35.3%
- Sharpe
- 0.73
- 3Y win
- +42%
- Lower volatility
- Shallower drawdown
- Lower TER
- Higher trailing returns
Canara Robeco Large and Mid Cap Fund
Canara Robeco Mutual Fund
- 1Y
- -6.6%
- 3Y
- +12.2%
- Vol
- 16.4%
- Max DD
- -36.2%
- Sharpe
- 0.77
- 3Y win
- +53%
- Lower volatility
- Higher win rate vs category
- Lower TER
Caveat: Deeper drawdown · Lower trailing returns