HSBC Large & Mid Cap Fund
The scheme seeks long term capital growth through investments in both large cap and mid cap stocks.
Growthvine rating: 3/5 — ranked #13 of 41 in category.
Fund basics
| Category | Equity: Large & Mid Cap |
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| NAV | ₹28.62 (as of 2026-10-01) |
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| AUM | ₹5,479 Cr |
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| Expense ratio | 1.57% |
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| Riskometer | Very High |
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| Fund manager | Cheenu Gupta |
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| Exit load | For units in excess of 10% of the investment, 1% will be charged for redemption within 365 days |
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Performance & risk
| 5-year annualised return | 12.35% |
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| Sharpe ratio | 0.71 |
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| Standard deviation | 18.24% |
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| Max drawdown | −36.20% |
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| Alpha | 6.36 |
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| Beta | 1.04 |
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Over 5 years, captured 108.3% of NIFTY LargeMidcap 250's upside and 104.4% of its downside.
Market cap allocation
| Large cap | 37.7% |
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| Mid cap | 43.5% |
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| Small cap | 18.8% |
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Concentration
| Top 5 holdings | 22.9% |
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| Top 10 holdings | 37.0% |
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| Total holdings | 80 |
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| Index overlap | 24.8% |
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| Active share | 75.2% |
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Top holdings
- ICICI Bank Ltd. — 7.0%
- Lenskart Solutions Limited — 4.7%
- HDFC Bank Ltd. — 4.7%
- Meesho Limited — 3.3%
- Ather Energy Limited — 3.2%
- Federal Bank Ltd. — 3.2%
- PB Fintech Limited — 3.0%
- TVS Motor Company Ltd. — 2.8%
- GE Vernova T&D India Limited — 2.6%
- FSN E-Commerce Ventures Limited — 2.6%
Top sectors
- Banking & Financial — 22.9%
- Electricals — 14.3%
- Retail — 12.1%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | 4.9% | Q1 (Top) | #2 of 38 |
| 2025 | −3.5% | Q4 (Bottom) | #33 of 34 |
| 2024 | 38.6% | Q1 (Top) | #2 of 29 |
| 2023 | 30.3% | Q2 | #11 of 28 |
| 2022 | −3.8% | Q4 (Bottom) | #26 of 28 |