HDFC Mid Cap Fund is most suited for Investors with a high risk profile and is intended for consideration in a portfolio designed to achieve very long-term financial goals such as retirement, child education, etc. Whether the fund is good or bad depends on the investor’s ability to stay long in even sustained falling markets.

HDFC Mid Cap offers a direct plan to all its investors. If you are a DIY investor or use the services of a fee-only advisor like NS Wealth, the direct plan is definitely the better option because it offers sustainable cost savings, which are reflected in your returns.

Like any other equity scheme, the HDFC Mid Cap fund is also affected by the regular risk associated with equity market investing, which is called systematic risk. The risk stems from poor macroeconomic conditions, global meltdowns, and both overall domestic and industry-specific policies. Being a fund with one of the highest AUMs gives the fund manager greater leverage to diversify the portfolio, reducing the fund’s stock-specific risk relative to its peers.

The current fund manager of the HDFC Mid Cap Scheme is Chirag Setelvad, who has been with the fund since its inception in 2007. Dhurv Mucchal is the co-fund manager, having joined the team in 2023, and assists with stock selection.