What stocks does HSBC Midcap Fund hold?

HSBC Midcap Fund holds a portfolio of Indian equity stocks disclosed monthly by HSBC Mutual Fund to AMFI. The complete current holdings with weights and month-over-month changes are available on this page. Data is sourced from official AMFI portfolio disclosures.

Which AMC manages HSBC Midcap Fund?

HSBC Midcap Fund is managed by HSBC Mutual Fund, a SEBI-registered Asset Management Company in India.

What category is HSBC Midcap Fund?

HSBC Midcap Fund is classified as a Mid Cap mutual fund under SEBI's mutual fund categorisation framework.

How often is HSBC Midcap Fund portfolio data updated?

Portfolio holdings for HSBC Midcap Fund are updated monthly. SEBI mandates all AMCs to disclose their complete portfolio within 10 days of each month end. RightAdvise sources this data directly from official AMFI portfolio disclosures.

← HSBC Mutual Fund

HSBC Midcap Fund - Direct Growth

Mid Cap Data as of Aug 2026 Comparing Jul 2026 → Aug 2026

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⌕

Stocks Held

Aug 2026

Equity Holdings

₹17,057.75 Cr

Equity only, excl. debt & cash

AAUM

₹13,544.42 Cr

Apr-Jun 2026 · Direct + Regular

Top 5 Weight

20.6%

Diversified

Top 10 Weight

37.1%

Diversified

Changes

3 new · 7 exits

Top Sector

Electrical Equipment

15.9% of portfolio

Launch Date

24 Jun 2004

10+ year track record

AAUM (Average Assets Under Management) of ₹13,544.42 Cr for Apr-Jun 2026 is the combined figure across Direct and Regular plans — sourced from AMFI India's quarterly disclosure. Equity Holdings above shows only the stock portion from the latest portfolio filing.

📋 What Happened This Month HSBC Midcap Fund made 3 new additions and exited 7 stocks this month. The biggest new buy was One 97 Communications Limited (Financial Technology (Fintech)) at 1.47% weight. ICICI Prudential Asset Management Company Limited was the biggest exit (Capital Markets), which was held at 1.48%. Among existing holdings, Ather Energy Limited saw the biggest increase — now at 3.57% of the portfolio. Syngene International Limited was trimmed the most, now at 0.07%. Lenskart Solutions Limited remains the top holding with Electrical Equipment the dominant sector at 15.9%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.

How Has the NAV Performed?

1 year history · HSBC Midcap Fund - Direct Growth

+1.46%

+6.83%

+24.70%

+21.18%

Latest NAV

₹544.79

11 Sep 2026

52W High

₹555.06

-2% from High

52W Low

₹352.53

+55% from Low

Calendar Year Returns

Jan 1 to Dec 31 each year. Simple point-to-point — not CAGR.

2025

-0.3%

2024

+41.2%

2023

+41.5%

Rolling Returns

Performance across every possible investment start date.

1Y Rolling Avg

29.0%

+ve in 94% windows

72.9% / -4.9%

3Y Rolling Avg

27.1% p.a.

+ve in 100% windows

31.1% / 22.0%

Crisis Period Behaviour

"Pre-inception" = fund didn't exist during that period.

2024–25 Tariff

-26.0%

Rec: Apr 2026 (1yr 8mo)

COVID-19 Crash

Pre-inception

Rec: N/A

2022 Rate Hike

Pre-inception

Rec: N/A

2018 IL&FS

Pre-inception

Rec: N/A

Risk Ratios

3 years daily NAV · Risk-free rate 6.5% p.a. · CAGR, Sharpe Ratio & Standard Deviation — Mutual Fund Guide →

Sharpe Ratio (3Y)

1.10

Return per unit of risk. >1 is good.

Sortino Ratio (3Y)

1.50

Penalises downside volatility only.

Std Deviation (3Y)

18.4%

Lower = more consistent returns.

NAV Chart ₹544.79 11 Sep 2026

Simple Moving Avg: Click to draw · click again to remove

HSBC Midcap Fund - Direct Growth

Chart shows indexed performance (base = 100). Actual NAV: ₹544.79

Sector Shift Industry allocation month-over-month

Jun 2026 → Jul 2026

Sector	Prev	Curr ▼	Delta
Electrical Equipment	17.8%	15.2%	▼ -2.6%
Retailing	11.4%	11.5%	▲ +0.1%
Banks	9.8%	11.5%	▲ +1.8%
Finance	7.6%	8.9%	▲ +1.4%
Capital Markets	10.0%	6.7%	▼ -3.3%
Pharmaceuticals & Biotechnology	6.4%	6.7%	▲ +0.3%
Industrial Manufacturing	5.2%	4.8%	▼ -0.3%
Financial Technology (Fintech)	3.8%	3.6%	▼ -0.1%
Auto Components	3.6%	3.2%	▼ -0.4%
Healthcare Services	3.0%	2.8%	▼ -0.1%

Jul 2026 → Aug 2026

Sector	Prev	Curr ▼	Delta
Electrical Equipment	15.2%	15.9%	▲ +0.7%
Retailing	11.5%	12.4%	▲ +0.9%
Banks	11.5%	10.3%	▼ -1.2%
Finance	8.9%	8.0%	▼ -0.9%
Pharmaceuticals & Biotechnology	6.7%	7.0%	▲ +0.3%
Capital Markets	6.7%	5.5%	▼ -1.3%
Financial Technology (Fintech)	3.6%	5.3%	▲ +1.7%
Industrial Manufacturing	4.8%	4.5%	▼ -0.4%
Automobiles	2.6%	3.9%	▲ +1.3%
Auto Components	3.2%	2.8%	▼ -0.4%

🟢

Biggest New Buy

One 97 Communications Limited

1.47% weight · Financial Technology (Fintech)

🔴

Biggest Exit

ICICI Prudential Asset Management Company Limited

1.48% was held · Capital Markets

↑

Biggest Add

Ather Energy Limited

+1.55% · now 3.57%

↓

Biggest Trim

Syngene International Limited

-1.13% · now 0.07%

🤝 Other funds also bought this month

TD Power Systems Limited 89 funds

Dhoot Transmission Ltd 66 funds

One 97 Communications Limited 56 funds

👋 Other funds also exited

TD Power Systems Limited 79 funds

Hindalco Industries Limited 47 funds

Polycab India Limited 33 funds

National Aluminium Company Limited 28 funds

JSW Steel Limited 22 funds

ICICI Prudential Asset Management Company Limited 17 funds

What Changed in the Portfolio This Month?

Comparing Jul 2026 → Aug 2026

Jul 2026 → Aug 2026

🟢 3 New Entries 🔴 7 Exits ↑ 23 Increased ↓ 34 Decreased

#	Stock	Sector	Weight (Aug 2026)
1	One 97 Communications Limited ₹252.14 Cr	Financial Technology (Fintech)	1.47%
2	TD Power Systems Limited ₹209.79 Cr	Electrical Equipment	1.22%
3	Dhoot Transmission Ltd ₹139.20 Cr	Automobile and Auto Components	0.81%

#	Stock	Sector	Last Weight (Jul 2026)
1	ICICI Prudential Asset Management Company Limited ₹229.91 Cr	Capital Markets	1.48%
2	TD Power Systems Limited ₹181.27 Cr	Electrical Equipment	1.16%
3	Polycab India Limited ₹171.24 Cr	Industrial Products	1.10%
4	JSW Steel Limited ₹43.95 Cr	Ferrous Metals	0.28%
5	Hindalco Industries Limited ₹14.63 Cr	Non - Ferrous Metals	0.09%
6	Sundaram Finance Limited ₹1.43 Cr	Finance	0.01%
7	National Aluminium Company Limited ₹6.71 L	Non - Ferrous Metals	0.00%

#	Stock	Sector	Jul 2026	Aug 2026	Change
1	Ather Energy Limited ₹614.11 Cr	Automobiles	2.02%	3.57%	+1.55%
2	KFin Technologies Limited ₹287.07 Cr	Capital Markets	0.69%	1.67%	+0.98%
3	Navin Fluorine International Limited ₹354.80 Cr	Chemicals & Petrochemicals	1.09%	2.06%	+0.97%
4	Apar Industries Limited ₹580.16 Cr	Electrical Equipment	2.51%	3.38%	+0.87%
5	Zydus Lifesciences Limited ₹340.61 Cr	Pharmaceuticals & Biotechnology	1.18%	1.98%	+0.80%
6	Lenskart Solutions Limited ₹825.91 Cr	Retailing	4.13%	4.81%	+0.68%
7	Multi Commodity Exchange of India Limited ₹280.01 Cr	Capital Markets	0.96%	1.63%	+0.67%
8	Meesho Ltd ₹686.94 Cr	Retailing	3.34%	4.00%	+0.66%
9	Coforge Limited ₹329.66 Cr	IT - Software	1.26%	1.92%	+0.66%
10	Shadowfax Technologies Ltd. ₹246.89 Cr	Transport Services	0.78%	1.44%	+0.66%
11	Avalon Technologies Limited ₹230.03 Cr	Electrical Equipment	0.89%	1.34%	+0.45%
12	Ashok Leyland Limited ₹283.46 Cr	Agricultural, Commercial & Construction Vehicles	1.24%	1.65%	+0.41%
13	Thyrocare Technologies Limited ₹342.26 Cr	Healthcare Services	1.63%	1.99%	+0.36%
14	Poly Medicure Limited ₹217.10 Cr	Healthcare Equipment & Supplies	0.96%	1.26%	+0.30%
15	Piramal Finance Ltd ₹673.96 Cr	Finance	3.66%	3.92%	+0.26%
16	PB Fintech Limited ₹664.77 Cr	Financial Technology (Fintech)	3.64%	3.87%	+0.23%
17	Radico Khaitan Limited ₹463.76 Cr	Beverages	2.48%	2.70%	+0.22%
18	Netweb Technologies India Limited ₹362.39 Cr	IT - Services	2.03%	2.11%	+0.08%
19	Atlanta Electricals Ltd ₹165.57 Cr	Electrical Equipment	0.89%	0.96%	+0.07%
20	IPCA Laboratories Limited ₹301.37 Cr	Pharmaceuticals & Biotechnology	1.71%	1.75%	+0.04%
21	City Union Bank Limited ₹281.95 Cr	Banks	1.63%	1.64%	+0.01%
22	Triveni Turbine Limited ₹126.24 Cr	Electrical Equipment	0.72%	0.73%	+0.01%
23	Bosch Home Comfort India Limited ₹14.50 Cr	Consumer Durables	0.07%	0.08%	+0.01%

#	Stock	Sector	Jul 2026	Aug 2026	Change
1	Syngene International Limited ₹11.60 Cr	Healthcare Services	1.20%	0.07%	-1.13%
2	KEI Industries Limited ₹4.36 Cr	Industrial Products	1.08%	0.03%	-1.05%
3	The Federal Bank Limited ₹680.60 Cr	Banks	4.91%	3.96%	-0.95%
4	Billionbrains Garage Ventures Ltd ₹37.41 L	Capital Markets	0.90%	0.00%	-0.90%
5	Mahindra & Mahindra Financial Services Limited ₹390.78 Cr	Finance	2.88%	2.27%	-0.61%
6	FSN E-Commerce Ventures Limited ₹620.66 Cr	Retailing	4.04%	3.61%	-0.43%
7	Bharat Forge Limited ₹480.10 Cr	Auto Components	3.22%	2.79%	-0.43%
8	Thermax Limited ₹322.56 Cr	Electrical Equipment	2.29%	1.88%	-0.41%
9	JSW Energy Limited ₹366.31 Cr	Power	2.51%	2.13%	-0.38%
10	CreditAccess Grameen Limited ₹2.72 Cr	Finance	0.39%	0.02%	-0.37%
11	BSE Limited ₹10.37 L	Capital Markets	0.32%	0.00%	-0.32%
12	Aditya Infotech Limited ₹454.07 Cr	Industrial Manufacturing	2.92%	2.64%	-0.28%
13	Mankind Pharma Limited ₹361.06 Cr	Pharmaceuticals & Biotechnology	2.37%	2.10%	-0.27%
14	Kirloskar Oil Engines Limited ₹56.20 Cr	Industrial Products	0.60%	0.33%	-0.27%
15	TVS Motor Company Limited ₹53.03 Cr	Automobiles	0.58%	0.31%	-0.27%
16	Lupin Limited ₹200.86 Cr	Pharmaceuticals & Biotechnology	1.42%	1.17%	-0.25%
17	GE Vernova T&D India Limited ₹550.05 Cr	Electrical Equipment	3.43%	3.20%	-0.23%
18	Nippon Life India Asset Management Limited ₹370.54 Cr	Capital Markets	2.36%	2.16%	-0.20%
19	Aditya Birla Capital Limited ₹299.61 Cr	Finance	1.90%	1.74%	-0.16%
20	Prestige Estates Projects Limited ₹297.94 Cr	Realty	1.89%	1.73%	-0.16%
21	Godfrey Phillips India Limited ₹233.22 Cr	Cigarettes & Tobacco Products	1.52%	1.36%	-0.16%
22	IndusInd Bank Limited ₹220.08 Cr	Banks	1.41%	1.28%	-0.13%
23	Hitachi Energy India Limited ₹376.18 Cr	Electrical Equipment	2.30%	2.19%	-0.11%
24	AU Small Finance Bank Limited ₹306.16 Cr	Banks	1.89%	1.78%	-0.11%
25	Cochin Shipyard Limited ₹309.51 Cr	Industrial Manufacturing	1.87%	1.80%	-0.07%
26	Data Patterns (India) Limited ₹303.48 Cr	Aerospace & Defense	1.84%	1.77%	-0.07%
27	Indian Bank ₹270.48 Cr	Banks	1.62%	1.57%	-0.05%
28	CG Power and Industrial Solutions Limited ₹168.21 Cr	Electrical Equipment	1.02%	0.98%	-0.04%
29	Safari Industries India Ltd ₹21.26 Cr	Consumer Durables	0.14%	0.12%	-0.02%
30	IDFC First Bank Limited ₹6.00 Cr	Banks	0.04%	0.03%	-0.01%
31	Mazagon Dock Shipbuilders Limited ₹4.09 Cr	Industrial Manufacturing	0.03%	0.02%	-0.01%
32	Persistent Systems Limited ₹2.37 Cr	IT - Software	0.02%	0.01%	-0.01%
33	Eternal Limited ₹85.61 L	Retailing	0.01%	0.00%	-0.01%
34	Biocon Limited ₹84.87 L	Pharmaceuticals & Biotechnology	0.01%	0.00%	-0.01%

What Stocks Does This Fund Hold?

75 stocks — Aug 2026

#	Stock	Sector	Weight & Value
1	Lenskart Solutions Limited ₹825.91 Cr	Retailing	4.81%
2	Meesho Ltd ₹686.94 Cr	Retailing	4.00%
3	The Federal Bank Limited ₹680.60 Cr	Banks	3.96%
4	Piramal Finance Ltd ₹673.96 Cr	Finance	3.92%
5	PB Fintech Limited ₹664.77 Cr	Financial Technology (Fintech)	3.87%
6	FSN E-Commerce Ventures Limited ₹620.66 Cr	Retailing	3.61%
7	Ather Energy Limited ₹614.11 Cr	Automobiles	3.57%
8	Apar Industries Limited ₹580.16 Cr	Electrical Equipment	3.38%
9	GE Vernova T&D India Limited ₹550.05 Cr	Electrical Equipment	3.20%
10	Bharat Forge Limited ₹480.10 Cr	Auto Components	2.79%
11	Radico Khaitan Limited ₹463.76 Cr	Beverages	2.70%
12	Aditya Infotech Limited ₹454.07 Cr	Industrial Manufacturing	2.64%
13	Mahindra & Mahindra Financial Services Limited ₹390.78 Cr	Finance	2.27%
14	Hitachi Energy India Limited ₹376.18 Cr	Electrical Equipment	2.19%
15	Nippon Life India Asset Management Limited ₹370.54 Cr	Capital Markets	2.16%
16	JSW Energy Limited ₹366.31 Cr	Power	2.13%
17	Netweb Technologies India Limited ₹362.39 Cr	IT - Services	2.11%
18	Mankind Pharma Limited ₹361.06 Cr	Pharmaceuticals & Biotechnology	2.10%
19	Navin Fluorine International Limited ₹354.80 Cr	Chemicals & Petrochemicals	2.06%
20	Thyrocare Technologies Limited ₹342.26 Cr	Healthcare Services	1.99%
21	Zydus Lifesciences Limited ₹340.61 Cr	Pharmaceuticals & Biotechnology	1.98%
22	Coforge Limited ₹329.66 Cr	IT - Software	1.92%
23	Thermax Limited ₹322.56 Cr	Electrical Equipment	1.88%
24	Cochin Shipyard Limited ₹309.51 Cr	Industrial Manufacturing	1.80%
25	AU Small Finance Bank Limited ₹306.16 Cr	Banks	1.78%
26	Data Patterns (India) Limited ₹303.48 Cr	Aerospace & Defense	1.77%
27	IPCA Laboratories Limited ₹301.37 Cr	Pharmaceuticals & Biotechnology	1.75%
28	Aditya Birla Capital Limited ₹299.61 Cr	Finance	1.74%
29	Prestige Estates Projects Limited ₹297.94 Cr	Realty	1.73%
30	KFin Technologies Limited ₹287.07 Cr	Capital Markets	1.67%
31	Ashok Leyland Limited ₹283.46 Cr	Agricultural, Commercial & Construction Vehicles	1.65%
32	City Union Bank Limited ₹281.95 Cr	Banks	1.64%
33	Multi Commodity Exchange of India Limited ₹280.01 Cr	Capital Markets	1.63%
34	Indian Bank ₹270.48 Cr	Banks	1.57%
35	One 97 Communications Limited ₹252.14 Cr	Financial Technology (Fintech)	1.47%
36	Shadowfax Technologies Ltd. ₹246.89 Cr	Transport Services	1.44%
37	Godfrey Phillips India Limited ₹233.22 Cr	Cigarettes & Tobacco Products	1.36%
38	Avalon Technologies Limited ₹230.03 Cr	Electrical Equipment	1.34%
39	IndusInd Bank Limited ₹220.08 Cr	Banks	1.28%
40	Poly Medicure Limited ₹217.10 Cr	Healthcare Equipment & Supplies	1.26%
41	TD Power Systems Limited ₹209.79 Cr	Electrical Equipment	1.22%
42	Lupin Limited ₹200.86 Cr	Pharmaceuticals & Biotechnology	1.17%
43	CG Power and Industrial Solutions Limited ₹168.21 Cr	Electrical Equipment	0.98%
44	Atlanta Electricals Ltd ₹165.57 Cr	Electrical Equipment	0.96%
45	Dhoot Transmission Ltd ₹139.20 Cr	Automobile and Auto Components	0.81%
46	Triveni Turbine Limited ₹126.24 Cr	Electrical Equipment	0.73%
47	Kirloskar Oil Engines Limited ₹56.20 Cr	Industrial Products	0.33%
48	TVS Motor Company Limited ₹53.03 Cr	Automobiles	0.31%
49	Safari Industries India Ltd ₹21.26 Cr	Consumer Durables	0.12%
50	Bosch Home Comfort India Limited ₹14.50 Cr	Consumer Durables	0.08%
51	Syngene International Limited ₹11.60 Cr	Healthcare Services	0.07%
52	CRISIL Limited ₹7.95 Cr	Finance	0.05%
53	IDFC First Bank Limited ₹6.00 Cr	Banks	0.03%
54	Max Financial Services Limited ₹4.99 Cr	Insurance	0.03%
55	Muthoot Finance Limited ₹4.64 Cr	Finance	0.03%
56	KEI Industries Limited ₹4.36 Cr	Industrial Products	0.03%
57	CreditAccess Grameen Limited ₹2.72 Cr	Finance	0.02%
58	Swiggy Limited ₹2.73 Cr	Retailing	0.02%
59	JK Cement Limited ₹3.59 Cr	Cement & Cement Products	0.02%
60	Dixon Technologies (India) Limited ₹3.96 Cr	Consumer Durables	0.02%
61	Mazagon Dock Shipbuilders Limited ₹4.09 Cr	Industrial Manufacturing	0.02%
62	Max Healthcare Institute Limited ₹1.09 Cr	Healthcare Services	0.01%
63	Kaynes Technology India Limited ₹1.51 Cr	Industrial Manufacturing	0.01%
64	Anthem Biosciences Limited ₹1.55 Cr	Pharmaceuticals & Biotechnology	0.01%
65	Acme Solar Holdings Ltd ₹1.67 Cr	Power	0.01%
66	Bharti Hexacom Limited ₹1.95 Cr	Telecom - Services	0.01%
67	Persistent Systems Limited ₹2.37 Cr	IT - Software	0.01%
68	BSE Limited ₹10.37 L	Capital Markets	0.00%
69	Gabriel India Limited ₹20.79 L	Auto Components	0.00%
70	Abbott India Limited ₹29.21 L	Pharmaceuticals & Biotechnology	0.00%
71	Billionbrains Garage Ventures Ltd ₹37.41 L	Capital Markets	0.00%
72	Schaeffler India Limited ₹60.14 L	Auto Components	0.00%
73	Biocon Limited ₹84.87 L	Pharmaceuticals & Biotechnology	0.00%
74	Eternal Limited ₹85.61 L	Retailing	0.00%
75	NTPC Green Energy Limited ₹6.40 L	Power	0.00%