Compare Mutual Funds

Insights from Fund Comparison

• Both HSBC Midcap Fund - Direct (G) and Union Midcap Fund (G) are Mid Cap Fund, Equity schemes. HSBC Midcap Fund - Direct (G) is 13 yrs 3 m old and manages ₹12,447.7 Crs, whereas Union Midcap Fund (G) is 6 yrs 1 m old with ₹1,652.42 Crs.
• HSBC Midcap Fund - Direct (G) is therefore older and larger, which may indicate more experience and investor confidence.
• HSBC Midcap Fund - Direct (G) has its top 3 sectors in Capital Goods - Electrical Equipment (11.21%), Banks (9.76%), and Finance (9.34%), while Union Midcap Fund (G) focuses on Banks (10.22%), Pharmaceuticals (9.46%), and Finance (8.39%).
• The funds share exposure to Banks and Finance, but differ in the rest, which means they will partially move together but may diverge depending on how the unique sectors perform.
• HSBC Midcap Fund - Direct (G) holds Ashok Leyland Limited (5.30%), FSN E-Commerce Ventures Limited (5.22%), GE Vernova T&D India Limited (4.58%), The Federal Bank Limited (3.95%), and Hitachi Energy India Limited (3.87%), whereas Union Midcap Fund (G) holds The Federal Bank Ltd. (4.77%), Max Financial Services Ltd. (3.26%), Indian Bank (3.14%), L&T Finance Ltd. (2.93%), and Shriram Finance Ltd. (2.88%).
• The funds have completely different top holdings, which means their performance could diverge significantly depending on which stocks or sectors lead the market.
• In terms of risk profile, HSBC Midcap Fund - Direct (G) has 97.94% equity and 0.00% debt, while Union Midcap Fund (G) has 98.43% equity and 0.05% debt.
• Risk profile is similar for both funds.
• HSBC Midcap Fund - Direct (G) outperformed Union Midcap Fund (G) in 3 Months, 3 Years, 5 Years (returns: -7.80%, 23.74%, 17.33% ) but underperformed in 6 Months, 1 Year (returns: -4.46%, 10.92%). This mixed performance indicates strength in certain market cycles while highlighting periods of relative weakness, suggesting selective timing or careful monitoring may be needed.