HSBC Midcap Fund - Regular IDCW payout

HSBC Midcap Fund - Regular IDCW payout is a scheme launched by L&T Mutual Fund on August 09, 2004, and falls under the Mid Cap fund category. It currently manages an AUM of Rs 13,386.58 crore. The fund permits investments with a minimum SIP of Rs 500 and a lump sum of Rs 5000. It charges an expense ratio of 3.59% for managing the portfolio.

• Investing Strategy:

  To seek to generate long-term capital growth from an actively managed portfolio of equity and equity related securities of predominantly mid cap companies.

• Performance:

  HSBC Midcap Fund - Regular IDCW payout trailing returns over different times are 6.81% (1 year), 15.88% (3 year) and 9.72% (5 year). The average annual return of this fund stands at 10.33%.