The HDFC Mid-Cap Opportunities Fund is an actively managed, open-ended equity mutual fund that invests predominantly in equity stocks of mid-cap companies across market sectors. According to SEBI, mid-cap companies are defined as the 101st to the 250th companies operating in India according to their market capitalization. The fund was launched in June 2007 by HDFC Mutual Fund. Mr. Chirag Setalvad is the Fund Manager for the HDFC Mid-Cap Opportunities Fund.
To provide long-term capital appreciation/income by investing predominantly in Mid-Cap companies. There is no assurance that the investment objective of
the Scheme will be realized.
This product is suitable for investors who are seeking
• capital appreciation over long term.
• investment predominantly in equity and equity related instruments of Small and Mid Cap companies.
The fund asset has almost doubled in the last couple of years and is now the largest fund in the category. Yet this has not proven to lag its performance and has delivered better returns than its benchmark. The fund is underweight on small caps and has exposure to around 80% in midcap. A reputed AMC and a robust fund management has led to such above average returns in the recent times and the huge AUM concern might be tackled due to both of these qualities.