HSBC Midcap Fund Direct-Growth
Benchmark: NIFTY Midcap 150 TRI · Inception: 01/01/2013 · NAV: ₹513.13 (01/10/2026)
AUM: ₹17188 Cr · Expense Ratio: 1.15% · Riskometer: Very High
The fund outperforms its peers on risk-adjusted metrics with an Alpha of 7.39 versus 1.77 and a Sharpe ratio of 0.81 versus 0.488. However, it experiences more volatility than the category average with a Standard Deviation of 20.68 vs 15.57 and a Beta of 1.05 vs 0.813.
The fund delivers a significant Alpha of 7.39 compared to the category average of 1.77, indicating superior risk-adjusted returns over its benchmark. Additionally, its Sharpe ratio of 0.81 is substantially higher than the category Sharpe of 0.488, suggesting more efficient return generation per unit of risk.
The fund's Standard Deviation of 20.68 is higher than the category average of 15.57, indicating greater volatility than its peers. Its Beta of 1.05 also exceeds the category Beta of 0.813, meaning it is more sensitive to market movements than the average fund in its category.
The fund exhibits higher volatility and sensitivity compared to its peers, as evidenced by a higher Standard Deviation (20.68 vs 15.57) and a higher Beta (1.05 vs 0.81). This profile suits aggressive investors who can tolerate higher fluctuations for the potential of higher returns.
The fund significantly outperforms its category peers in terms of alpha generation and risk-adjusted efficiency despite its higher volatility profile. It is a strong performer that delivers high returns but requires investors who can handle a higher level of market sensitivity than the average midcap fund.
HSBC Midcap Fund carries an overall rating of 4.5/5 (Strong Buy), demonstrating strong performance within the Mid Cap category. Its alpha of 7.39 outperformss the category average of 1.77, reflecting superior stock selection. The Sharpe ratio of 0.81 sits above the category mean of 0.49, while volatility (std dev 20.68%) is higher than peers (15.57%), indicating relatively higher volatility. With a 5-year CAGR of 17.29% and expense ratio of 1.15%, this fund presents a compelling long-term case for risk-tolerant investors.
| Period | CAGR |
|---|---|
| 1Y | 15.09% |
| 3Y | 21.78% |
| 5Y | 17.29% |
| 10Y | 16.81% |
| Since Launch | 19.77% |
- ✅ Alpha 7.39 exceeds category avg 1.77 — superior active management
- ✅ Strong Rating 5/5
- ⚠️ Beta 1.05 > 1.0 — amplifies market moves
- ⚠️ Higher volatility 20.68% vs peers 15.57%
- ⚠️ High expense ratio 1.15% (above 1%)