Should I invest in HSBC Midcap Equity Fund?

We don't give personal investment advice. HSBC Midcap Equity Fund - Growth is suitable for an investor whose:understands what asset class this scheme actually invests in (check the factsheet)matches that asset class's volatility profile to their goal horizonCross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 57.0%. 5-year CAGR: 6.15%.

HSBC

HSBC Midcap Equity Fund - Growth

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.53%	+0.06%	+0.47	68 / 299	Q1
1W	+1.04%	-3.61%	+4.65	68 / 303	Q1
2W	-0.12%	-4.52%	+4.40	141 / 303	Q2
1M	+0.94%	-5.64%	+6.57	112 / 302	Q2
3M	+3.30%	-4.27%	+7.58	114 / 302	Q2
6M	+10.12%	+1.48%	+8.64	92 / 307	Q2
YTD	-11.96%	-0.18%	-11.78	233 / 309	Q4
1Y	-10.08%	+7.10%	-17.19	229 / 307	Q3
2Y	+27.07%	+2.20%	+24.87	26 / 303	Q1
3Y	+23.88%	+0.76%	+23.13	15 / 264	Q1
4Y	+14.57%	+0.58%	+13.98	33 / 235	Q1
5Y	+6.15%	+0.02%	+6.13	95 / 208	Q2
7Y	+11.18%	+3.12%	+8.07	31 / 130	Q1
10Y	+15.38%	+7.20%	+8.18	5 / 68	Q1
Inception	+9.17%	+0.51%	+8.65	81 / 310	Q2

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2022 YTD	-11.96%	-2.15%	-9.82	3 / 4
2021	+65.79%	+35.98%	+29.81	1 / 17
2020	+27.79%	-9.83%	+37.61	1 / 39
2019	-10.86%	+4.81%	-15.66	36 / 39
2018	-25.20%	-8.44%	-16.76	52 / 55
2017	+58.21%	+29.57%	+28.64	1 / 65
2016	+0.14%	+1.07%	-0.93	51 / 88
2015	+9.56%	-3.94%	+13.50	5 / 99
2014	+83.70%	+34.59%	+49.11	3 / 133
2013	-4.44%	+0.03%	-4.47	115 / 154
2012	+47.52%	+23.57%	+23.95	8 / 190

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+17.41%

191 windows

min -66.5% · max 132.8%

59% positive

3-Year rolling

+10.39%

167 windows

min -18.2% · max 46.9%

75% positive

5-Year rolling

+10.43%

143 windows

min -7.2% · max 31.6%

82% positive

7-Year rolling

+11.69%

118 windows

min -2.0% · max 22.0%

93% positive

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

30.41%

3-year · annualised

Sharpe ratio

0.67

vs risk-free 6.5%

Sortino ratio

0.90

Downside-only deviation

Max drawdown

-39.17%

Feb 2020 → Mar 2020

% positive months

61.1%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Recent NAVs

Date	NAV
25 Nov 2022	₹82.2500
24 Nov 2022	₹81.8143
23 Nov 2022	₹81.3507
22 Nov 2022	₹80.9238
21 Nov 2022	₹81.2609
18 Nov 2022	₹81.4017
17 Nov 2022	₹81.9586
16 Nov 2022	₹82.2690
15 Nov 2022	₹82.3649
14 Nov 2022	₹82.1428

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

HSBC Midcap Equity Fund - Growth is a Growth from HSBC (Unknown plan, Growth option). Latest NAV isn't currently available in our feed — the AMC publishes it once per business day after market close.

HSBC Midcap Equity Fund - Growth has NAV history starting from 03 Apr 2006, a track record of about 20 years 2 months. Long-tenured funds like this have weathered multiple market cycles — the 2008 crash, 2013 taper tantrum, 2020 COVID drawdown — which makes their returns more credible than a 3-year track record alone.

HSBC Midcap Equity Fund - Growth is managed by HSBC. It's classified by AMFI under the 'Growth' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, HSBC Midcap Equity Fund - Growth has delivered a absolute return of -10.08% — -17.19 pp behind the Growth category average of 7.10%. The fund ranks #229 of 307 in its category — the third (Q3) quartile.

Over the trailing 3-year window, HSBC Midcap Equity Fund - Growth has delivered a CAGR of 23.88% — +23.13 pp ahead of the Growth category average of 0.76%. The fund ranks #15 of 264 in its category — the top (Q1) quartile.

Over the trailing 5-year window, HSBC Midcap Equity Fund - Growth has delivered a CAGR of 6.15% — +6.13 pp ahead of the Growth category average of 0.02%. The fund ranks #95 of 208 in its category — the second (Q2) quartile.

₹1 lakh invested in HSBC Midcap Equity Fund - Growth exactly 10 years ago would be worth approximately ₹418,229 today — a multiplier of 4.18×, based on the 10-year CAGR of 15.38%. The category average over the same window would have grown ₹1 lakh to ₹200,432.

A ₹10,000 monthly SIP in HSBC Midcap Equity Fund - Growth over the last 5 years — total invested ₹600,000 — would be worth ₹900,502 today. That's an XIRR (money-weighted annualised return) of 16.22%.

A ₹10,000 monthly SIP for 10 years in HSBC Midcap Equity Fund - Growth = ₹1,200,000 invested. It would currently be worth ₹2,607,038 (multiplier 2.17×). XIRR: 14.82%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, HSBC Midcap Equity Fund - Growth ranks #95 out of 208 funds in the Growth category — that places it in the second quartile (Q2) — above the median. The category average return over the same window is 0.02%; this fund delivered 6.15%.

The worst peak-to-trough decline HSBC Midcap Equity Fund - Growth has experienced over the last 5-year window is 56.97% — its NAV fell from a high on 09 Jan 2018 to a low on 24 Mar 2020. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, HSBC Midcap Equity Fund - Growth averaged 10.43% (best 31.55%, worst -7.20%). 82% of rolling windows ended positive. The 5-year Sharpe ratio is 0.14 — weak risk-adjusted performance.

In calendar year 2021, HSBC Midcap Equity Fund - Growth returned 65.79% — beating the Growth category average of 35.98% by 29.81 pp. It ranked #1 of 17 in its category that year.

HSBC Midcap Equity Fund - Growth doesn't fit cleanly into the standard Equity/Debt buckets in our taxonomy. Tax treatment depends on actual asset allocation as disclosed by the AMC — check the factsheet or AMFI's classification table.

We don't give personal investment advice. HSBC Midcap Equity Fund - Growth is suitable for an investor whose:

understands what asset class this scheme actually invests in (check the factsheet)
matches that asset class's volatility profile to their goal horizon

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 57.0%. 5-year CAGR: 6.15%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.