Mutual fund · Mid Cap
HDFC Mid Cap Fund
₹1,01,856 cr across 79 positions, as filed for 2026-09-30. Returns are the fund's AMFI growth-plan NAV; holdings and behavior come from its filed monthly portfolios.
Returns, against the category
Q2 FY27: +4% over 1 year against the median Mid Cap fund's +5%.
| Over | Quarter | 1 year | 3 years (ann.) | 5 years (ann.) |
|---|---|---|---|---|
| HDFC Mid Cap Fund | −3% | +4% | +15% | +17% |
| Median Mid Cap fund | −2% | +5% | +14% | +13% |
+44%Q3 FY24+57%Q4 FY24+51%Q1 FY25+47%Q2 FY25+29%Q3 FY25+11%Q4 FY25+10%Q1 FY26−1%Q2 FY26+7%Q3 FY26+4%Q4 FY26+4%Q1 FY27+4%Q2 FY27
What moved the fund, last 12 filed months
Contribution = the fund's filed weight each month × that stock's price move in its own filings, in percentage points of NAV. Corporate-action months are left out.
| Stock | 12 months | Latest month |
|---|---|---|
| The Federal Bank Ltd. | +1.9 pp | −0.5 pp |
| Au Small Finance Bank Ltd. | +1.9 pp | −0.3 pp |
| Indian Bank | +1.3 pp | −0.3 pp |
| Max Financial Services Ltd. | +1.1 pp | −0.5 pp |
| Glenmark Pharmaceuticals Ltd. | +1.0 pp | −0.2 pp |
| Stock | 12 months | Latest month |
|---|---|---|
| Balkrishna Industries Ltd. | −0.5 pp | −0.2 pp |
| Crompton Greaves Consumer Elec. Ltd. | −0.5 pp | −0.1 pp |
| Dabur India Ltd. | −0.4 pp | −0.0 pp |
| PB Fintech Limited | −0.4 pp | −0.7 pp |
| KEC International Ltd. | −0.4 pp | −0.0 pp |
Holdings, as filed for 2026-09-30
| Holding | Sector | % of fund | Value | Held for | Vs avg cost |
|---|---|---|---|---|---|
| The Federal Bank Limited | Financial Services | 3.98% | ₹4,057 cr | 46 mo | +119% |
| AU Small Finance Bank Limited | Financial Services | 3.94% | ₹4,015 cr | 35 mo | +37% |
| Max Financial Services Limited | Financial Services | 3.52% | ₹3,587 cr | 46 mo | +58% |
| IPCA Laboratories Limited | Healthcare | 3.43% | ₹3,496 cr | 46 mo | +91% |
| Glenmark Pharmaceuticals Limited | Healthcare | 3.07% | ₹3,130 cr | 46 mo | +102% |
| Balkrishna Industries Limited | Automobile and Auto Components | 2.98% | ₹3,036 cr | 46 mo | -13% |
| Indian Bank | Financial Services | 2.92% | ₹2,970 cr | 46 mo | +153% |
| Coforge Limited | Information Technology | 2.68% | ₹2,732 cr | 46 mo | +87% |
| Fortis Healthcare Limited | Healthcare | 2.40% | ₹2,441 cr | 35 mo | +39% |
| Marico Limited | Fast Moving Consumer Goods | 2.37% | ₹2,411 cr | 30 mo | +19% |
| Vishal Mega Mart Limited | Consumer Services | 2.24% | ₹2,284 cr | 21 mo | -17% |
| Aurobindo Pharma Limited | Healthcare | 2.19% | ₹2,231 cr | 46 mo | +120% |
| Mahindra & Mahindra Financial Services Limited | Financial Services | 2.11% | ₹2,148 cr | 46 mo | +15% |
| H P C L | Oil, Gas & Consumable Fuels | 2.09% | ₹2,131 cr | 46 mo | +64% |
| United Spirits Limited | Fast Moving Consumer Goods | 1.90% | ₹1,939 cr | 25 mo | -5% |
How this fund actually behaves
Computed from every filed monthly portfolio (46 months of filings) by the research pipeline.
| Holding patience | Median months a position is held (25th–75th band) | 25 mo (17–29) |
| Win rate on exits | Closed positions sold above entry, and the payoff ratio (20 exits) | 80% · payoff 3.0× |
| Loser handling | Cuts losers vs averages down, from 12 months of filings | Averages down |
| Entry valuation discipline | Median P/E paid on entries over 36 months; share above 50× | 40× · 38% over 50× |
| Portfolio valuation today | Weighted P/E and P/B of the current book at filed prices | 250.2× P/E · 6.1× P/B · 1% loss-makers |
| Churn | Stocks entered and exited in 12 months, of 79 positions | 9 in · 6 out |
| Concentration | Top 10 holdings' share; effective number of positions | 31% · ~46 effective |