MonitorDirect · Growth

HSBC Midcap Fund

HSBC Mutual Fund Equity Schemes - Mid Cap Fund3.8 years

To generate capital appreciation by investing primarily in midcap stocks. The Scheme will invest primarily in companies whose market capitalization falls between the highest and the lowest constituent of the Nifty Free Float Midcap 100 Index.

NAV: 526.7574; 15 Sept 2026
1Y: +21.5%; Trailing CAGR
Upside capture: +109%; Vs NIFTY MIDCAP 150 TRI
Downside capture: +81%; Lower is better

NAV path pending

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+21.5%
3Y+23.9%
5Yn/a
10Yn/a
SI+25.3%

SIP XIRR

Equal monthly instalments to latest NAV

1Y+31.0%
3Y+20.8%
5Yn/a
10Yn/a

Since inception: +25.3%; Calendar-day CAGR
Excess 1Y: +11.1%; Category median, same plan and option
3Y win rate: +100%; Windows beating the median
3Y percentile: 100; Vs comparable share classes
Worst rolling 3Y: +22.9%; 196 daily-ending windows
Median rolling 3Y: +26.2%; Calendar-day CAGR
Positive rolling 5Y: n/a; 0 daily-ending windows
SIP 3Y XIRR: +20.8%; Simulated monthly SIP

Official benchmark

Date-aligned against NIFTY MIDCAP 150 TRI. Capture ratios use common month-end observations through 15 Sept 2026.

1Y excess: +14.6%; Fund minus TRI
3Y excess: +9.4%; Fund minus TRI
Upside capture: +109%; Benchmark-up months
Downside capture: +81%; Lower is better

Drawdown

Peak to trough from a running NAV high. Move across the path to read a date.

Drawdown

Path not in current snapshots

n/a

Average recovery: 14 days; 57 recovered episodes
Longest recovery: 416 days; Trough to prior peak
Current spell: 11 days; Days below latest peak
Time below peak: +82%; NAV observations

17 Dec 2024 – 20 Apr 2026
Trough 28 Feb 2025 · recovered in 416 days
-26.0%
15 Oct 2024 – 11 Dec 2024
Trough 13 Nov 2024 · recovered in 28 days
-10.6%
3 Jun 2024 – 12 Jun 2024
Trough 4 Jun 2024 · recovered in 8 days
-8.6%
2 Dec 2022 – 23 May 2023
Trough 28 Mar 2023 · recovered in 56 days
-7.1%

Dimensions

0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.

Returns
100
Vs category
100
Consistency
85
Risk-adjusted
82
Drawdown
35
Mean
80

Portfolio

31 Aug 2026 · 68 holdings · top 10 are 37.1%.

Top 5: 20.6%
Top 10: 37.1%
Largest holding: 4.8%
Effective holdings: 39.6

Lenskart Solutions Ltd.
Consumer Discretionary
4.8%
Meesho Ltd.
Consumer Discretionary
4.0%
The Federal Bank Ltd
Financial
4.0%
DEWAN HOUSING FINANCE CORP. LTD. EQ
Financial
3.9%
PB Fintech Ltd
Financial
3.9%

Decision

Quantitative read of the live evidence. An explanation can only restate what is already here.

As of 11 Sept 2026

Monitor

Engine status

Monitor

Recent evidence

Why this status

No status reasons yet. History is still thin.

Supporting reads

The fund beat the category median in 100% of rolling 3-year windows.
Three-year return is above the category median.
Risk-adjusted return sits above the documented risk-free proxy.

Worth investigating

Same-category peers with enough history to inspect beside this fund.

All funds

MonitorDirect · Growth

HSBC Midcap Fund

HSBC Mutual Fund Equity Schemes - Mid Cap Fund3.8 years

NAV: 526.7574; 15 Sept 2026
1Y: +21.5%; Trailing CAGR
Upside capture: +109%; Vs NIFTY MIDCAP 150 TRI
Downside capture: +81%; Lower is better

Sept 2024 – Sept 2026

All funds

MonitorDirect · Growth

HSBC Midcap Fund

HSBC Mutual Fund Equity Schemes - Mid Cap Fund3.8 years

NAV: 526.7574; 15 Sept 2026
1Y: +21.5%; Trailing CAGR
Upside capture: +109%; Vs NIFTY MIDCAP 150 TRI
Downside capture: +81%; Lower is better

NAV path pending

NAV

15 Sept 2026 · +16.9% over 1Y

526.7574

Sept 2025412.9011 – 555.0553Sept 2026

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+21.5%
3Y+23.9%
5Yn/a
10Yn/a
SI+25.3%

SIP XIRR

Equal monthly instalments to latest NAV

1Y+31.0%
3Y+20.8%
5Yn/a
10Yn/a

Since inception: +25.3%; Calendar-day CAGR
Excess 1Y: +11.1%; Category median, same plan and option
3Y win rate: +100%; Windows beating the median
3Y percentile: 100; Vs comparable share classes
Worst rolling 3Y: +22.9%; 196 daily-ending windows
Median rolling 3Y: +26.2%; Calendar-day CAGR
Positive rolling 5Y: n/a; 0 daily-ending windows
SIP 3Y XIRR: +20.8%; Simulated monthly SIP

Official benchmark

Date-aligned against NIFTY MIDCAP 150 TRI. Capture ratios use common month-end observations through 15 Sept 2026.

1Y excess: +14.6%; Fund minus TRI
3Y excess: +9.4%; Fund minus TRI
Upside capture: +109%; Benchmark-up months
Downside capture: +81%; Lower is better

Drawdown

Peak to trough from a running NAV high. Move across the path to read a date.

Drawdown

15 Sept 2026

-5.1%

Nov 2022-25.9% – 0.0%Sept 2026

Average recovery: 14 days; 57 recovered episodes
Longest recovery: 416 days; Trough to prior peak
Current spell: 11 days; Days below latest peak
Time below peak: +82%; NAV observations

17 Dec 2024 – 20 Apr 2026
Trough 28 Feb 2025 · recovered in 416 days
-26.0%
15 Oct 2024 – 11 Dec 2024
Trough 13 Nov 2024 · recovered in 28 days
-10.6%
3 Jun 2024 – 12 Jun 2024
Trough 4 Jun 2024 · recovered in 8 days
-8.6%
2 Dec 2022 – 23 May 2023
Trough 28 Mar 2023 · recovered in 56 days
-7.1%

Dimensions

0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.

Returns
100
Vs category
100
Consistency
85
Risk-adjusted
82
Drawdown
35
Mean
80

Portfolio

31 Aug 2026 · 68 holdings · top 10 are 37.1%.

Top 5: 20.6%
Top 10: 37.1%
Largest holding: 4.8%
Effective holdings: 39.6

Lenskart Solutions Ltd.
Consumer Discretionary
4.8%
Meesho Ltd.
Consumer Discretionary
4.0%
The Federal Bank Ltd
Financial
4.0%
DEWAN HOUSING FINANCE CORP. LTD. EQ
Financial
3.9%
PB Fintech Ltd
Financial
3.9%

Decision

Quantitative read of the live evidence. An explanation can only restate what is already here.

As of 11 Sept 2026

Monitor

Engine status

Monitor

Recent evidence

Why this status

No status reasons yet. History is still thin.

Supporting reads

The fund beat the category median in 100% of rolling 3-year windows.
Three-year return is above the category median.
Risk-adjusted return sits above the documented risk-free proxy.

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+21.5%
3Y+23.9%
5Yn/a
10Yn/a
SI+25.3%

SIP XIRR

Equal monthly instalments to latest NAV

1Y+31.0%
3Y+20.8%
5Yn/a
10Yn/a

Since inception: +25.3%; Calendar-day CAGR
Excess 1Y: +11.1%; Category median, same plan and option
3Y win rate: +100%; Windows beating the median
3Y percentile: 100; Vs comparable share classes
Worst rolling 3Y: +22.9%; 196 daily-ending windows
Median rolling 3Y: +26.2%; Calendar-day CAGR
Positive rolling 5Y: n/a; 0 daily-ending windows
SIP 3Y XIRR: +20.8%; Simulated monthly SIP

Official benchmark

Date-aligned against NIFTY MIDCAP 150 TRI. Capture ratios use common month-end observations through 15 Sept 2026.

1Y excess: +14.6%; Fund minus TRI
3Y excess: +9.4%; Fund minus TRI
Upside capture: +109%; Benchmark-up months
Downside capture: +81%; Lower is better

Drawdown

Peak to trough from a running NAV high. Move across the path to read a date.

Drawdown

Path not in current snapshots

n/a

Average recovery: 14 days; 57 recovered episodes
Longest recovery: 416 days; Trough to prior peak
Current spell: 11 days; Days below latest peak
Time below peak: +82%; NAV observations

17 Dec 2024 – 20 Apr 2026
Trough 28 Feb 2025 · recovered in 416 days
-26.0%
15 Oct 2024 – 11 Dec 2024
Trough 13 Nov 2024 · recovered in 28 days
-10.6%
3 Jun 2024 – 12 Jun 2024
Trough 4 Jun 2024 · recovered in 8 days
-8.6%
2 Dec 2022 – 23 May 2023
Trough 28 Mar 2023 · recovered in 56 days
-7.1%

Dimensions

0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.

Returns
100
Vs category
100
Consistency
85
Risk-adjusted
82
Drawdown
35
Mean
80

Portfolio

31 Aug 2026 · 68 holdings · top 10 are 37.1%.

Top 5: 20.6%
Top 10: 37.1%
Largest holding: 4.8%
Effective holdings: 39.6

Lenskart Solutions Ltd.
Consumer Discretionary
4.8%
Meesho Ltd.
Consumer Discretionary
4.0%
The Federal Bank Ltd
Financial
4.0%
DEWAN HOUSING FINANCE CORP. LTD. EQ
Financial
3.9%
PB Fintech Ltd
Financial
3.9%

Decision

Quantitative read of the live evidence. An explanation can only restate what is already here.

As of 11 Sept 2026

Monitor

Engine status

Monitor

Recent evidence

Why this status

No status reasons yet. History is still thin.

Supporting reads

The fund beat the category median in 100% of rolling 3-year windows.
Three-year return is above the category median.
Risk-adjusted return sits above the documented risk-free proxy.

Worth investigating

Same-category peers with enough history to inspect beside this fund.

NAV

15 Sept 2026 · +16.9% over 1Y

526.7574

Sept 2025412.9011 – 555.0553Sept 2026

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+21.5%
3Y+23.9%
5Yn/a
10Yn/a
SI+25.3%

SIP XIRR

Equal monthly instalments to latest NAV

1Y+31.0%
3Y+20.8%
5Yn/a
10Yn/a

Since inception: +25.3%; Calendar-day CAGR
Excess 1Y: +11.1%; Category median, same plan and option
3Y win rate: +100%; Windows beating the median
3Y percentile: 100; Vs comparable share classes
Worst rolling 3Y: +22.9%; 196 daily-ending windows
Median rolling 3Y: +26.2%; Calendar-day CAGR
Positive rolling 5Y: n/a; 0 daily-ending windows
SIP 3Y XIRR: +20.8%; Simulated monthly SIP

Official benchmark

Date-aligned against NIFTY MIDCAP 150 TRI. Capture ratios use common month-end observations through 15 Sept 2026.

1Y excess: +14.6%; Fund minus TRI
3Y excess: +9.4%; Fund minus TRI
Upside capture: +109%; Benchmark-up months
Downside capture: +81%; Lower is better

Drawdown

Peak to trough from a running NAV high. Move across the path to read a date.

Drawdown

15 Sept 2026

-5.1%

Nov 2022-25.9% – 0.0%Sept 2026

Average recovery: 14 days; 57 recovered episodes
Longest recovery: 416 days; Trough to prior peak
Current spell: 11 days; Days below latest peak
Time below peak: +82%; NAV observations

17 Dec 2024 – 20 Apr 2026
Trough 28 Feb 2025 · recovered in 416 days
-26.0%
15 Oct 2024 – 11 Dec 2024
Trough 13 Nov 2024 · recovered in 28 days
-10.6%
3 Jun 2024 – 12 Jun 2024
Trough 4 Jun 2024 · recovered in 8 days
-8.6%
2 Dec 2022 – 23 May 2023
Trough 28 Mar 2023 · recovered in 56 days
-7.1%

Dimensions

0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.

Returns
100
Vs category
100
Consistency
85
Risk-adjusted
82
Drawdown
35
Mean
80

Portfolio

31 Aug 2026 · 68 holdings · top 10 are 37.1%.

Top 5: 20.6%
Top 10: 37.1%
Largest holding: 4.8%
Effective holdings: 39.6

Lenskart Solutions Ltd.
Consumer Discretionary
4.8%
Meesho Ltd.
Consumer Discretionary
4.0%
The Federal Bank Ltd
Financial
4.0%
DEWAN HOUSING FINANCE CORP. LTD. EQ
Financial
3.9%
PB Fintech Ltd
Financial
3.9%

Decision

Quantitative read of the live evidence. An explanation can only restate what is already here.

As of 11 Sept 2026

Monitor

Engine status

Monitor

Recent evidence

Why this status

No status reasons yet. History is still thin.

Supporting reads

The fund beat the category median in 100% of rolling 3-year windows.
Three-year return is above the category median.
Risk-adjusted return sits above the documented risk-free proxy.

HSBC Midcap Fund

Returns

Official benchmark

Drawdown

Dimensions

Portfolio

Decision

Worth investigating

BANDHAN MID CAP FUND

BANK OF INDIA MID CAP FUND

Canara Robeco Mid Cap Fund

Helios Mid Cap Fund

JM Mid Cap Fund

HSBC Midcap Fund

HSBC Midcap Fund

Returns

Official benchmark

Drawdown

Dimensions

Portfolio

Decision

Returns

Official benchmark

Drawdown

Dimensions

Portfolio

Decision

Worth investigating

BANDHAN MID CAP FUND

BANK OF INDIA MID CAP FUND

Canara Robeco Mid Cap Fund

Helios Mid Cap Fund

JM Mid Cap Fund

HSBC Midcap Fund

Returns

Official benchmark

Drawdown

Dimensions

Portfolio

Decision