MF Tracker: HSBC Midcap Fund turned Rs 10,000 SIP to Rs 2.33 crore in 20 years. Can fund sustain its strong performance?

Synopsis HSBC Midcap Fund delivered exceptional returns, transforming a Rs 10,000 monthly investment into Rs 2.33 crore over two decades. The fund also showed strong three-year trailing returns, ranking second in its category. Experts highlight the fund manager’s strategy of focused stock selection in quality mid-sized companies across growth sectors. This approach has consistently benefited from India’s economic expansion. HSBC Midcap Fund turned a Rs 10,000 monthly SIP into Rs 2.33 crore over 20 years, an analysis by ETMutualFunds showed. A further review found that the scheme delivered the second-highest three-year trailing returns in its category. Launched on August 9,…