Mid Cap Fund comparison
Axis Midcap Fund vs HSBC Midcap Fund
Over the last 3 years, Axis Midcap Fund returned 14.9% a year versus 19.7% for HSBC Midcap Fund. The category average was 12.9%. In its deepest fall over the same period, Axis Midcap Fund dropped 6.8% versus 8.0% for HSBC Midcap Fund. Qonfido rates Axis Midcap Fund Premier and HSBC Midcap Fund Premier within the Mid Cap Fund peer group.
Ratings and metrics as of
At a glance
Higher 3-year return
HSBC Midcap Fund
Smaller worst fall
Axis Midcap Fund
Smoother ride (higher Sharpe)
HSBC Midcap Fund
Head-to-head
Swap either fund or add a third to see how they line up.
Axis Midcap
Mid Cap Fund
1/4
rounds won
HSBC Midcap
Mid Cap Fund
2/4
rounds won
Round by round
Three questions in one shape. A bigger triangle = stronger all round.
- Axis Midcap
- HSBC Midcap
Growth
Who grew money faster?
Average yearly return over the last 3 years.
14.9%19.7%✓Dip protection
Who fell less in the worst dip?
Biggest fall from a peak in the period. Smaller hurts less.
-6.8%✓-8.0%Smooth ride
Who gave a smoother ride?
Return earned for every unit of ups and downs. Higher is smoother.
0.650.81✓
Qonfido rating
Quality vs peers in the same category. Premier is the top tier.
Same tier
What matters most to you?
Quick take for “Balanced”
HSBC Midcap comes out ahead — it grew money faster and gave a smoother ride for the return.
Based on the last 3 years of data. A starting point for research, not advice.
What could your money become?
If each fund repeated its last 3 years. Drag to try.
You’d put in ₹12.00 L. HSBC Midcap ends about ₹9.78 L ahead — that’s roughly 98 months of your SIP.
Illustration only. Past returns rarely repeat exactly.
Key numbers
| Metric | Axis Midcap Fund | HSBC Midcap Fund |
|---|---|---|
| Qonfido rating | Premier | Premier |
| 3Y return (CAGR) | 14.9% | 19.7% |
| Worst fall (max drawdown) | 6.8% | 8.0% |
| Sharpe ratio (3Y) | 0.65 | 0.81 |
| Beta (3Y) | 0.81 | 1.01 |
| Fund size (AUM) | ₹21,036 Cr | ₹10,646 Cr |
| Category average 3Y return | 12.9% | |
Frequently asked questions
Which is better, Axis Midcap Fund or HSBC Midcap Fund?
Neither fund is better for every investor. Based on data as of 1 Nov 2026. Over the last 3 years, Axis Midcap Fund returned 14.9% a year versus 19.7% for HSBC Midcap Fund. The category average was 12.9%. In its deepest fall over the same period, Axis Midcap Fund dropped 6.8% versus 8.0% for HSBC Midcap Fund. Qonfido rates Axis Midcap Fund Premier and HSBC Midcap Fund Premier within the Mid Cap Fund peer group. Which fits depends on your goal, time horizon and comfort with falls. This comparison is educational research support, not personalised investment advice. Past performance does not indicate future returns.
Which has given higher returns, Axis Midcap Fund or HSBC Midcap Fund?
Based on data as of 1 Nov 2026. Over the last 3 years, Axis Midcap Fund returned 14.9% a year versus 19.7% for HSBC Midcap Fund. The category average was 12.9%. This comparison is educational research support, not personalised investment advice. Past performance does not indicate future returns.
Which is less risky, Axis Midcap Fund or HSBC Midcap Fund?
Based on data as of 1 Nov 2026. In its deepest fall over the same period, Axis Midcap Fund dropped 6.8% versus 8.0% for HSBC Midcap Fund. Sharpe ratio, a measure of return per unit of volatility, was 0.65 for Axis Midcap Fund and 0.81 for HSBC Midcap Fund. Lower falls and a higher Sharpe ratio point to a smoother past ride, not a guarantee.
What is the Qonfido rating of Axis Midcap Fund and HSBC Midcap Fund?
Qonfido rates Axis Midcap Fund Premier and HSBC Midcap Fund Premier within the Mid Cap Fund peer group. Ratings compare funds with their category peers on risk-adjusted consistency and are explained on the Qonfido rating methodology page.
Should I invest in both Axis Midcap Fund and HSBC Midcap Fund?
Both funds sit in the Mid Cap Fund category, so their portfolios can overlap and holding both may add limited diversification. Review holdings overlap, costs and your overall allocation before combining them. This comparison is educational research support, not personalised investment advice. Past performance does not indicate future returns.
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Keep researching
Comparisons are educational research support only. They are not personalised investment advice, suitability assessments, or predictions of returns. Mutual fund investments are subject to market risks. Read scheme documents and consider your goals, horizon, and risk tolerance before investing.