HDFC Mid Cap Fund Direct Growth NAV Gains to ₹229.51 on 17 September; 3-Year CAGR at 16.85%

Key Takeaways

• HDFC Mid Cap Fund Direct Growth NAV rose 0.79% to ₹229.51 on 17 September 2026. The fund's three-year CAGR stood at 16.85%.
• Historical returns were 5.65% over one year, 16.85% annualised over three years and 18.67% over five years. The five-year CAGR was 13.02 percentage points above the latest one-year return.
• TREPS represented 6.91% of assets and was the largest disclosed overall allocation. Federal Bank was the largest listed equity holding at 4.21%.
• The scheme managed approximately ₹108,325 crore and had a Direct Growth expense ratio of 0.74%. Minimum SIP and lump-sum amounts were ₹100 each.

HDFC Mid Cap Fund Direct Growth NAV increased 0.79% to ₹229.51 on 17 September 2026. Its three-year CAGR stood at 16.85%. The fund managed approximately ₹108,325 crore, while the Direct Growth expense ratio was 0.74%. Both the minimum SIP and lump-sum investment were ₹100.

The latest one-year return was 5.65%. Annualised performance rose to 16.85% across three years, followed by a five-year CAGR of 18.67%. The five-year return was 13.02 percentage points above the one-year figure and 1.82 percentage points higher than the three-year CAGR.

TREPS accounted for 6.91% and represented the largest disclosed portfolio entry. Among listed equities, Federal Bank was the largest holding at 4.21%, followed by AU Small Finance Bank at 3.98%, Max Financial Services at 3.79% and Ipca Laboratories at 3.30%. Together with TREPS, the five leading entries accounted for 22.19% of the portfolio.

Historical risk measures placed beta at 0.83 and standard deviation at 4.43. Alpha stood at 2.94 and the Sharpe ratio was 0.88. These figures reflect past portfolio behaviour under the calculation framework and should not be treated as forecasts of subsequent performance.

The scheme operates in the mid-cap category. A little over one-fifth of assets sat in its five largest disclosed positions, leaving 77.81% across the remainder of the portfolio. The return data also show that the three- and five-year CAGRs were much closer to one another than either was to the latest one-year result.