INCOME TAX4 Sept 2026
HSBC Midcap Fund turns ₹10,000 monthly SIP into ₹2 crore since 2004 | Mint
HSBC Midcap Fund has been the top equity fund over three years, with 24.13% annual returns. A ₹10,000 monthly SIP since August 2004 would now be worth over ₹2 crore. The fund beat its benchmark and category across time spans, though yearly returns varied—losses in some years, strong gains in others. Experts credit its focus on sustainable earnings growth.
Key Statutory Highlights
- HSBC Midcap Fund delivered a 24.13% CAGR over three years, beating its benchmark and category average.
- A ₹10,000 monthly SIP started in August 2004 grew to over ₹2 crore.
- Yearly returns swung widely, from a 12.03% loss in 2018 to a 52.33% gain in 2017.
Actionable Advice for Taxpayers / Founders:Before investing, check your own risk capacity and stay invested for the long term—past performance does not guarantee future results.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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