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 Oct 2026 Comparing Sep 2026 → Oct 2026

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Stocks Held

Oct 2026

Equity Holdings

₹16,410.44 Cr

Equity only, excl. debt & cash

AAUM

₹16,130.86 Cr

Jul-Sep 2026 · Direct + Regular

Top 5 Weight

22.8%

Diversified

Top 10 Weight

40.8%

Moderate

Changes

2 new · 0 exits

Top Sector

Electrical Equipment

14.4% of portfolio

Launch Date

24 Jun 2004

10+ year track record

AAUM (Average Assets Under Management) of ₹16,130.86 Cr for Jul-Sep 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 added 2 new stocks to its portfolio this month. The biggest new buy was The Indian Hotels Company Limited (Leisure Services) at 2.00% weight. Among existing holdings, Persistent Systems Limited saw the biggest increase — now at 2.66% of the portfolio. Bharat Forge Limited was trimmed the most, now at 0.00%. Meesho Ltd remains the top holding with Electrical Equipment the dominant sector at 14.4%. ↓ 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

+5.04%

+0.15%

+10.21%

+16.53%

Latest NAV

₹537.74

12 Nov 2026

52W High

₹555.06

-3% from High

52W Low

₹412.30

+30% 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

28.3%

+ve in 94% windows

72.9% / -4.9%

3Y Rolling Avg

26.4% p.a.

+ve in 100% windows

31.1% / 19.8%

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)

0.82

Return per unit of risk. >1 is good.

Sortino Ratio (3Y)

1.11

Penalises downside volatility only.

Std Deviation (3Y)

18.8%

Lower = more consistent returns.

NAV Chart ₹537.74 12 Nov 2026

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

HSBC Midcap Fund - Direct Growth

Chart shows indexed performance (base = 100). Actual NAV: ₹537.74

Sector Shift Industry allocation month-over-month

Aug 2026 → Sep 2026

Sector	Prev	Curr ▼	Delta
Electrical Equipment	15.9%	15.4%	▼ -0.4%
Retailing	12.4%	13.5%	▲ +1.1%
Banks	10.3%	11.0%	▲ +0.8%
Pharmaceuticals & Biotechnology	7.0%	7.9%	▲ +0.9%
Finance	8.0%	7.3%	▼ -0.7%
Industrial Manufacturing	4.5%	5.3%	▲ +0.8%
Capital Markets	5.5%	5.1%	▼ -0.4%
Automobiles	3.9%	3.0%	▼ -0.8%
Financial Technology (Fintech)	5.3%	2.9%	▼ -2.4%
Automobile and Auto Components	0.8%	2.9%	▲ +2.1%

Sep 2026 → Oct 2026

Sector	Prev	Curr ▼	Delta
Electrical Equipment	15.4%	14.4%	▼ -1.1%
Retailing	13.5%	14.0%	▲ +0.4%
Banks	11.0%	12.4%	▲ +1.4%
Finance	7.3%	7.1%	▼ -0.3%
IT - Software	2.3%	6.7%	▲ +4.4%
Pharmaceuticals & Biotechnology	7.9%	6.7%	▼ -1.2%
Capital Markets	5.1%	5.7%	▲ +0.6%
Industrial Manufacturing	5.3%	5.0%	▼ -0.3%
Automobiles	3.0%	3.8%	▲ +0.7%
Beverages	2.9%	3.3%	▲ +0.4%

🟢

Biggest New Buy

The Indian Hotels Company Limited

2.00% weight · Leisure Services

↑

Biggest Add

Persistent Systems Limited

+2.65% · now 2.66%

↓

Biggest Trim

Bharat Forge Limited

-2.61% · now 0.00%

🤝 Other funds also bought this month

The Indian Hotels Company Limited 28 funds

Nuvama Wealth Management Limited 12 funds

What Changed in the Portfolio This Month?

Comparing Sep 2026 → Oct 2026

Sep 2026 → Oct 2026

🟢 2 New Entries ↑ 19 Increased ↓ 34 Decreased

#	Stock	Sector	Weight (Oct 2026)
1	The Indian Hotels Company Limited ₹336.04 Cr	Leisure Services	2.00%
2	Nuvama Wealth Management Limited ₹118.75 Cr	Capital Markets	0.71%

#	Stock	Sector	Sep 2026	Oct 2026	Change
1	Persistent Systems Limited ₹446.39 Cr	IT - Software	0.01%	2.66%	+2.65%
2	Coforge Limited ₹678.53 Cr	IT - Software	2.28%	4.05%	+1.77%
3	Zydus Lifesciences Limited ₹644.70 Cr	Pharmaceuticals & Biotechnology	2.82%	3.84%	+1.02%
4	The Federal Bank Limited ₹788.96 Cr	Banks	3.90%	4.70%	+0.80%
5	Ather Energy Limited ₹627.81 Cr	Automobiles	3.03%	3.74%	+0.71%
6	Aditya Birla Capital Limited ₹370.37 Cr	Finance	1.66%	2.21%	+0.55%
7	GE Vernova T&D India Limited ₹598.80 Cr	Electrical Equipment	3.09%	3.57%	+0.48%
8	Radico Khaitan Limited ₹555.79 Cr	Beverages	2.89%	3.31%	+0.42%
9	Navin Fluorine International Limited ₹398.81 Cr	Chemicals & Petrochemicals	2.01%	2.38%	+0.37%
10	IndusInd Bank Limited ₹335.49 Cr	Banks	1.64%	2.00%	+0.36%
11	FSN E-Commerce Ventures Limited ₹620.31 Cr	Retailing	3.38%	3.70%	+0.32%
12	Acme Solar Holdings Ltd ₹271.43 Cr	Power	1.33%	1.62%	+0.29%
13	AU Small Finance Bank Limited ₹431.48 Cr	Banks	2.34%	2.57%	+0.23%
14	Dhoot Transmission Ltd ₹522.61 Cr	Automobile and Auto Components	2.91%	3.12%	+0.21%
15	Meesho Ltd ₹870.64 Cr	Retailing	5.04%	5.19%	+0.15%
16	Indian Bank ₹260.47 Cr	Banks	1.44%	1.55%	+0.11%
17	KFin Technologies Limited ₹251.83 Cr	Capital Markets	1.48%	1.50%	+0.02%
18	Eternal Limited ₹89.67 L	Retailing	0.00%	0.01%	+0.01%
19	Syngene International Limited ₹11.66 Cr	Healthcare Services	0.06%	0.07%	+0.01%

#	Stock	Sector	Sep 2026	Oct 2026	Change
1	Bharat Forge Limited ₹78.66 L	Auto Components	2.61%	0.00%	-2.61%
2	Mankind Pharma Limited ₹84.90 L	Pharmaceuticals & Biotechnology	2.22%	0.01%	-2.21%
3	Netweb Technologies India Limited ₹96.64 L	IT - Services	1.89%	0.01%	-1.88%
4	Ashok Leyland Limited ₹3.62 Cr	Agricultural, Commercial & Construction Vehicles	1.48%	0.02%	-1.46%
5	Prestige Estates Projects Limited ₹10.81 Cr	Realty	1.09%	0.06%	-1.03%
6	JSW Energy Limited ₹1.45 Cr	Power	0.95%	0.01%	-0.94%
7	Data Patterns (India) Limited ₹160.64 Cr	Aerospace & Defense	1.71%	0.96%	-0.75%
8	Triveni Turbine Limited ₹8.87 Cr	Electrical Equipment	0.70%	0.05%	-0.65%
9	Mahindra & Mahindra Financial Services Limited ₹274.18 Cr	Finance	2.03%	1.63%	-0.40%
10	Piramal Finance Ltd ₹532.34 Cr	Finance	3.56%	3.17%	-0.39%
11	Apar Industries Limited ₹478.28 Cr	Electrical Equipment	3.16%	2.85%	-0.31%
12	Thyrocare Technologies Limited ₹258.35 Cr	Healthcare Services	1.80%	1.54%	-0.26%
13	Cochin Shipyard Limited ₹228.38 Cr	Industrial Manufacturing	1.60%	1.36%	-0.24%
14	Atlanta Electricals Ltd ₹115.86 Cr	Electrical Equipment	0.87%	0.69%	-0.18%
15	TD Power Systems Limited ₹180.51 Cr	Electrical Equipment	1.26%	1.08%	-0.18%
16	Poly Medicure Limited ₹178.84 Cr	Healthcare Equipment & Supplies	1.23%	1.07%	-0.16%
17	Thermax Limited ₹257.30 Cr	Electrical Equipment	1.67%	1.53%	-0.14%
18	Godfrey Phillips India Limited ₹187.28 Cr	Cigarettes & Tobacco Products	1.25%	1.12%	-0.13%
19	City Union Bank Limited ₹263.51 Cr	Banks	1.66%	1.57%	-0.09%
20	PB Fintech Limited ₹228.97 Cr	Financial Technology (Fintech)	1.45%	1.37%	-0.08%
21	Nippon Life India Asset Management Limited ₹325.15 Cr	Capital Markets	2.01%	1.94%	-0.07%
22	Multi Commodity Exchange of India Limited ₹262.62 Cr	Capital Markets	1.62%	1.57%	-0.05%
23	CG Power and Industrial Solutions Limited ₹147.64 Cr	Electrical Equipment	0.93%	0.88%	-0.05%
24	Shadowfax Technologies Ltd. ₹288.32 Cr	Transport Services	1.77%	1.72%	-0.05%
25	One 97 Communications Limited ₹239.99 Cr	Financial Technology (Fintech)	1.47%	1.43%	-0.04%
26	Lenskart Solutions Limited ₹845.61 Cr	Retailing	5.08%	5.04%	-0.04%
27	Kirloskar Oil Engines Limited ₹19.96 Cr	Industrial Products	0.15%	0.12%	-0.03%
28	Avalon Technologies Limited ₹242.56 Cr	Electrical Equipment	1.48%	1.45%	-0.03%
29	Aditya Infotech Limited ₹606.25 Cr	Industrial Manufacturing	3.64%	3.61%	-0.03%
30	Safari Industries India Ltd ₹16.26 Cr	Consumer Durables	0.12%	0.10%	-0.02%
31	Lupin Limited ₹184.58 Cr	Pharmaceuticals & Biotechnology	1.11%	1.10%	-0.01%
32	Max Financial Services Limited ₹3.81 Cr	Insurance	0.03%	0.02%	-0.01%
33	Muthoot Finance Limited ₹3.75 Cr	Finance	0.03%	0.02%	-0.01%
34	Hitachi Energy India Limited ₹380.87 Cr	Electrical Equipment	2.28%	2.27%	-0.01%

What Stocks Does This Fund Hold?

74 stocks — Oct 2026

#	Stock	Sector	Weight & Value
1	Meesho Ltd ₹870.64 Cr	Retailing	5.19%
2	Lenskart Solutions Limited ₹845.61 Cr	Retailing	5.04%
3	The Federal Bank Limited ₹788.96 Cr	Banks	4.70%
4	Coforge Limited ₹678.53 Cr	IT - Software	4.05%
5	Zydus Lifesciences Limited ₹644.70 Cr	Pharmaceuticals & Biotechnology	3.84%
6	Ather Energy Limited ₹627.81 Cr	Automobiles	3.74%
7	FSN E-Commerce Ventures Limited ₹620.31 Cr	Retailing	3.70%
8	Aditya Infotech Limited ₹606.25 Cr	Industrial Manufacturing	3.61%
9	GE Vernova T&D India Limited ₹598.80 Cr	Electrical Equipment	3.57%
10	Radico Khaitan Limited ₹555.79 Cr	Beverages	3.31%
11	Piramal Finance Ltd ₹532.34 Cr	Finance	3.17%
12	Dhoot Transmission Ltd ₹522.61 Cr	Automobile and Auto Components	3.12%
13	Apar Industries Limited ₹478.28 Cr	Electrical Equipment	2.85%
14	Persistent Systems Limited ₹446.39 Cr	IT - Software	2.66%
15	AU Small Finance Bank Limited ₹431.48 Cr	Banks	2.57%
16	Navin Fluorine International Limited ₹398.81 Cr	Chemicals & Petrochemicals	2.38%
17	Hitachi Energy India Limited ₹380.87 Cr	Electrical Equipment	2.27%
18	Aditya Birla Capital Limited ₹370.37 Cr	Finance	2.21%
19	The Indian Hotels Company Limited ₹336.04 Cr	Leisure Services	2.00%
20	IndusInd Bank Limited ₹335.49 Cr	Banks	2.00%
21	Nippon Life India Asset Management Limited ₹325.15 Cr	Capital Markets	1.94%
22	IPCA Laboratories Limited ₹294.18 Cr	Pharmaceuticals & Biotechnology	1.75%
23	Shadowfax Technologies Ltd. ₹288.32 Cr	Transport Services	1.72%
24	Mahindra & Mahindra Financial Services Limited ₹274.18 Cr	Finance	1.63%
25	Acme Solar Holdings Ltd ₹271.43 Cr	Power	1.62%
26	City Union Bank Limited ₹263.51 Cr	Banks	1.57%
27	Multi Commodity Exchange of India Limited ₹262.62 Cr	Capital Markets	1.57%
28	Indian Bank ₹260.47 Cr	Banks	1.55%
29	Thyrocare Technologies Limited ₹258.35 Cr	Healthcare Services	1.54%
30	Thermax Limited ₹257.30 Cr	Electrical Equipment	1.53%
31	KFin Technologies Limited ₹251.83 Cr	Capital Markets	1.50%
32	Avalon Technologies Limited ₹242.56 Cr	Electrical Equipment	1.45%
33	One 97 Communications Limited ₹239.99 Cr	Financial Technology (Fintech)	1.43%
34	PB Fintech Limited ₹228.97 Cr	Financial Technology (Fintech)	1.37%
35	Cochin Shipyard Limited ₹228.38 Cr	Industrial Manufacturing	1.36%
36	Godfrey Phillips India Limited ₹187.28 Cr	Cigarettes & Tobacco Products	1.12%
37	Lupin Limited ₹184.58 Cr	Pharmaceuticals & Biotechnology	1.10%
38	TD Power Systems Limited ₹180.51 Cr	Electrical Equipment	1.08%
39	Poly Medicure Limited ₹178.84 Cr	Healthcare Equipment & Supplies	1.07%
40	Data Patterns (India) Limited ₹160.64 Cr	Aerospace & Defense	0.96%
41	CG Power and Industrial Solutions Limited ₹147.64 Cr	Electrical Equipment	0.88%
42	Nuvama Wealth Management Limited ₹118.75 Cr	Capital Markets	0.71%
43	Atlanta Electricals Ltd ₹115.86 Cr	Electrical Equipment	0.69%
44	Kirloskar Oil Engines Limited ₹19.96 Cr	Industrial Products	0.12%
45	Safari Industries India Ltd ₹16.26 Cr	Consumer Durables	0.10%
46	Syngene International Limited ₹11.66 Cr	Healthcare Services	0.07%
47	Prestige Estates Projects Limited ₹10.81 Cr	Realty	0.06%
48	Triveni Turbine Limited ₹8.87 Cr	Electrical Equipment	0.05%
49	CRISIL Limited ₹7.45 Cr	Finance	0.04%
50	IDFC First Bank Limited ₹5.02 Cr	Banks	0.03%
51	KEI Industries Limited ₹2.86 Cr	Industrial Products	0.02%
52	Muthoot Finance Limited ₹3.75 Cr	Finance	0.02%
53	Dixon Technologies (India) Limited ₹2.94 Cr	Consumer Durables	0.02%
54	JK Cement Limited ₹3.35 Cr	Cement & Cement Products	0.02%
55	Mazagon Dock Shipbuilders Limited ₹2.81 Cr	Industrial Manufacturing	0.02%
56	Max Financial Services Limited ₹3.81 Cr	Insurance	0.02%
57	Ashok Leyland Limited ₹3.62 Cr	Agricultural, Commercial & Construction Vehicles	0.02%
58	Swiggy Limited ₹1.71 Cr	Retailing	0.01%
59	Eternal Limited ₹89.67 L	Retailing	0.01%
60	Max Healthcare Institute Limited ₹89.83 L	Healthcare Services	0.01%
61	Anthem Biosciences Limited ₹1.44 Cr	Pharmaceuticals & Biotechnology	0.01%
62	TVS Motor Company Limited ₹1.36 Cr	Automobiles	0.01%
63	Bharti Hexacom Limited ₹2.06 Cr	Telecom - Services	0.01%
64	Kaynes Technology India Limited ₹1.28 Cr	Industrial Manufacturing	0.01%
65	Mankind Pharma Limited ₹84.90 L	Pharmaceuticals & Biotechnology	0.01%
66	JSW Energy Limited ₹1.45 Cr	Power	0.01%
67	Netweb Technologies India Limited ₹96.64 L	IT - Services	0.01%
68	Billionbrains Garage Ventures Ltd ₹37.30 L	Capital Markets	0.00%
69	NTPC Green Energy Limited ₹5.89 L	Power	0.00%
70	Abbott India Limited ₹28.97 L	Pharmaceuticals & Biotechnology	0.00%
71	Schaeffler India Limited ₹53.54 L	Auto Components	0.00%
72	Bharat Forge Limited ₹78.66 L	Auto Components	0.00%
73	Biocon Limited ₹72.47 L	Pharmaceuticals & Biotechnology	0.00%
74	Gabriel India Limited ₹20.61 L	Auto Components	0.00%