HDFC Mid Cap Fund: As of March 2026, HDFC Mid Cap Fund holds the position of the largest mid cap fund in India based on Assets Under Management (AUM) at approximately Rs 94,257 crore. It consistently holds the number one position in the category, followed by other prominent funds like the Nippon India Growth Fund and the Motilal Oswal Midcap Fund. Therefore, let’s explore some of the crucial details about this fund, such as NAV, Expense Ratio, CAGR of 3, 5 and 10 years, Sharpe Ratio, Standard Deviation and others.
Net Asset Value (NAV) in mutual funds represents the per-unit value of a scheme. Calculated by deducting liabilities and expenses from total assets, it indicates a fund’s performance. Understanding NAV is crucial for making informed investment decisions.
An expense ratio measures how much you’ll pay over the course of a year to own a fund, expressed as a percentage of your investments. An expense ratio is calculated by dividing a fund’s operating expenses by its net assets.
Compound Annual Growth Rate (CAGR) measures the mean annual growth rate of an investment over a specified period longer than one year, assuming the investment is compounded over that time.
Sharpe ratio is a metric that measures the relationship between an investment’s return and its risk level. Investors can use this ratio to assess the risk associated with mutual funds before investing. For instance, if a fund’s Sharpe ratio is low, existing investors can consider shifting their investments to a similar fund with a higher Sharpe ratio. Generally, a high Sharpe ratio indicates that the returns were worth the risk.
The Standard deviation represents the risk associated with an investment. It measures the degree of deviation of an investment from its average returns. The higher the standard deviation, the higher can be volatility in the investment.
HDFC Mid Cap Fund performance
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)
