HDFC Mid Cap Fund

Overview

HDFC Mid Cap Fund is an open-ended equity scheme that primarily invests in mid-cap stocks, aiming to provide long-term capital appreciation and income. The fund follows a predominantly mid-cap strategy with a minimum exposure of 65% to mid-cap stocks, while also participating in other equity and equity-related securities to achieve optimal portfolio construction. The investment approach focuses on building a portfolio of mid-cap companies with reasonable growth prospects, sound financial strength, sustainable business models, and acceptable valuations that offer potential for capital appreciation. The fund's strategy involves constructing a portfolio on a bottom-up basis, emphasizing good quality companies at reasonable valuations. It adopts a long-term approach to portfolio construction, ensuring judicious diversification across stocks and sectors. The fund seeks to identify companies with sound financial strength and sustainable business models, coupled with reasonable growth prospects. As of July 2025, the fund's assets under management (AUM) stood at ₹83,847.39 crore. The top equity holdings include Indian Hotels Company Ltd. in the Leisure Services sector, with a 3.75% allocation, and Max Financial Services Ltd. in the Financial Services sector, with a 3.68% allocation. The fund is managed by Mr. Chirag Setalvad, who serves as the Head of Equities at HDFC Asset Management Company. The fund's inception date is January 1, 2013, and it carries a very high risk as indicated by its riskometer. The minimum investment amount is ₹100, and the fund is suitable for investors seeking wealth creation over the long term. The fund's benchmark is the NIFTY Midcap 150 Index (Total Returns Index).

Investment Focus

• Suitable for investors seeking long-term capital appreciation and income

Portfolio Companies