Investment Objective
HDFC Mid Cap Fund, formerly HDFC Mid Cap Opportunities Fund, seeks to provide long-term capital appreciation to its investors by investing primarily in mid cap companies.
Investment Strategies
- HDFC Mid Cap Fund invests primarily in mid cap companies (65%-100%) through a robust investment process and the balance in small-cap & large-cap securities and debt instruments.
- The scheme focuses on companies with sustainable business models, sound financial strength and reasonable growth potential.
- The fund follows the bottom-up stock specific approach for its stock selection process.
- The fund focuses on good quality companies trading at acceptable valuations.
- The fund takes a long term approach towards investing, leading to lower portfolio turnover.
- The fund aims to stick to the circle of competence and maintain judicious diversification across stocks and sectors.
Who Should Invest
- Investors seeking long-term capital appreciation from equity investing.
- Those seeking to benefit from the high growth potential of mid cap companies.
- Those having a higher risk appetite and the ability to tolerate higher volatility associated with mid cap companies.
Frequently Asked Questions
What is the risk level of HDFC Mid Cap Fund?
As per the fund factsheet published by the fund house, HDFC Mid Cap Fund is considered to carry ‘Very High Risk’ for its investors.
Is there any lock-in period in HDFC Mid Cap Fund?
HDFC Mid Cap Fund has no lock-in period for its investors. The investors of HDFC Mid Cap Fund are free to make redemption requests on any date as per their requirements.
What type of mutual fund is the HDFC Mid Cap Fund?
The HDFC Mid Cap Fund is an open-ended equity mutual fund scheme belonging to the mid cap fund category.
Is HDFC Mid Cap Fund an open-ended or close-ended scheme?
HDFC Mid Cap Fund is an open-ended equity mutual fund scheme.
What is the benchmark index for HDFC Mid Cap Fund?
Nifty Midcap 150 Index (Total Returns Index) is the benchmark index of the HDFC Mid Cap Fund. The fund also has Nifty 50 (Total Returns Index) as its additional benchmark index.