HDFC Mid Cap Fund - IDCW

Regular

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.
Direct

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.

Category : Mid Cap Fund

Portfolio Turnover Ratio : 13.49%. Category average turnover ratio is 216.25%. Fund manager updated portfolio less frequently than peers in last 1 year. (I.e. fund manager held stocks/bonds in the portfolio for longer duration than peers)

Equity Holding : 93.94% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 93.94%

No of Stocks : 75 (Category Avg - 70.29) | Large Cap Investments : 12.32%| Mid Cap Investments : 47.74% | Small Cap Investments : 7.82% | Other : 26.06%

Portfolio Summary (as on 31st Oct,2025)

Particulars	This Scheme	Category
No. of Stocks	75	70.1
Top 5 Stock Weight	18.45%	17.07%
Top 10 Stock Weight	32.9%	30.21%
Top 3 Sector Weight	22.98%	20.79%

Category - Mid Cap Fund

Particulars	This Scheme	Category
Average mcap (Cr)	14305.22	13906.36
Holdings in large cap stocks	12.32%	9.24%
Holdings in mid cap stocks	47.74%	34.82%
Holdings in small cap stocks	7.82%	18.81%

Category - Mid Cap Fund

Top 10 Stocks holding in Portfolio (as on 31st Oct,2025)

Stock Invested in	Sector	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty
Max Financial Services Ltd.	Life insurance	39888.7	4.46%	-0.30%	5.02% (Jun 2025)	3.54% (Dec 2024)	2.58 Cr	1.54 L
Au Small Finance Bank Ltd.	Other bank	33095.9	3.70%	0.54%	3.7% (Oct 2025)	1.32% (Dec 2024)	3.77 Cr	9.86 L
Indian Bank	Public sector bank	31646.9	3.54%	0.28%	3.54% (Oct 2025)	2.49% (Dec 2024)	3.69 Cr	0.00
Federal Bank Ltd.	Private sector bank	30244.7	3.38%	0.47%	3.51% (Nov 2024)	2.91% (Sep 2025)	12.78 Cr	0.00
Balkrishna Industries Ltd.	Tyres & rubber products	30148.8	3.37%	-0.17%	3.84% (Jul 2025)	2.76% (Jun 2025)	1.32 Cr	1.27 L
Fortis Healthcare Ltd.	Hospital	28475.6	3.19%	0.01%	3.19% (Oct 2025)	2.09% (Nov 2024)	2.78 Cr	0.00
Coforge Ltd.	Computers - software & consulting	27775	3.11%	0.18%	3.72% (Dec 2024)	2.93% (Apr 2025)	1.56 Cr	0.00
Hindustan Petroleum Corporation Ltd.	Refineries & marketing	26432.7	2.96%	0.06%	2.96% (Oct 2025)	2.41% (Feb 2025)	5.55 Cr	0.00
Glenmark Pharmaceuticals Ltd.	Pharmaceuticals	23897.4	2.67%	-0.20%	3.07% (Jul 2025)	1.55% (Nov 2024)	1.26 Cr	1.66 L
Ipca Laboratories Ltd.	Pharmaceuticals	22563.1	2.52%	-0.28%	3.44% (Dec 2024)	2.52% (Oct 2025)	1.77 Cr	0.00

- indicates change in weight in the portfolio. # indicates a new entry.

View complete holding

Complete equity Portfolio (as on 31st Oct,2025)

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M-Cap

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Stock Invested in	Sector	Sector Total	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty	M-Cap	GroupName
Max Financial Services Ltd.	Life insurance	4.46	39888.7	4.46%	-0.30%	5.02% (Jun 2025)	3.54% (Dec 2024)	2.58 Cr	1.54 L	Mid Cap	47.74
Au Small Finance Bank Ltd.	Other bank	3.7	33095.9	3.70%	0.54%	3.7% (Oct 2025)	1.32% (Dec 2024)	3.77 Cr	9.86 L	Mid Cap	47.74
Indian Bank	Public sector bank	5.15	31646.9	3.54%	0.28%	3.54% (Oct 2025)	2.49% (Dec 2024)	3.69 Cr	0.00	Mid Cap	47.74
Federal Bank Ltd.	Private sector bank	5.95	30244.7	3.38%	0.47%	3.51% (Nov 2024)	2.91% (Sep 2025)	12.78 Cr	0.00	Mid Cap	47.74
Balkrishna Industries Ltd.	Tyres & rubber products	6.13	30148.8	3.37%	-0.17%	3.84% (Jul 2025)	2.76% (Jun 2025)	1.32 Cr	1.27 L	Mid Cap	47.74
Fortis Healthcare Ltd.	Hospital	3.19	28475.6	3.19%	0.01%	3.19% (Oct 2025)	2.09% (Nov 2024)	2.78 Cr	0.00	Other	26.06
Coforge Ltd.	Computers - software & consulting	7.75	27775	3.11%	0.18%	3.72% (Dec 2024)	2.93% (Apr 2025)	1.56 Cr	0.00	Other	26.06
Hindustan Petroleum Corporation Ltd.	Refineries & marketing	2.96	26432.7	2.96%	0.06%	2.96% (Oct 2025)	2.41% (Feb 2025)	5.55 Cr	0.00	Large Cap	12.32
Glenmark Pharmaceuticals Ltd.	Pharmaceuticals	9.1	23897.4	2.67%	-0.20%	3.07% (Jul 2025)	1.55% (Nov 2024)	1.26 Cr	1.66 L	Mid Cap	47.74
Ipca Laboratories Ltd.	Pharmaceuticals	9.1	22563.1	2.52%	-0.28%	3.44% (Dec 2024)	2.52% (Oct 2025)	1.77 Cr	0.00	Other	26.06
Vishal Mega Mart Ltd.	Diversified retail	2.44	21800.9	2.44%	-0.21%	2.71% (Aug 2025)	0% (Nov 2024)	15.07 Cr	0.00	Other	26.06
Apollo Tyres Limited	Tyres & rubber products	6.13	21008.9	2.35%	0.02%	2.84% (Dec 2024)	2.24% (Jun 2025)	4.19 Cr	0.00	Mid Cap	47.74
Tata Communications Ltd.	Telecom - cellular & fixed line services	2.34	20907.1	2.34%	0.22%	2.41% (Mar 2025)	2.08% (Aug 2025)	1.11 Cr	0.00	Mid Cap	47.74
Persistent Systems Ltd.	Computers - software & consulting	7.75	19748.5	2.21%	0.31%	2.98% (Dec 2024)	1.9% (Sep 2025)	33.38 L	0.00	Other	26.06
Mahindra & Mahindra Financial Services Ltd.	Non banking financial company (nbfc)	2.47	19556.3	2.19%	0.18%	2.21% (Feb 2025)	1.8% (May 2025)	6.20 Cr	0.00	Mid Cap	47.74
Cummins India Ltd.	Compressors, pumps & diesel engines	2.16	19323.4	2.16%	0.10%	2.16% (Oct 2025)	1.17% (Apr 2025)	44.48 L	0.00	Mid Cap	47.74
Marico Ltd.	Personal care	4.82	19076.6	2.13%	-0.05%	2.24% (Aug 2025)	1.45% (Nov 2024)	2.65 Cr	0.00	Large Cap	12.32
Jindal Steel Ltd.	Iron & steel products	1.82	16303.8	1.82%	-0.10%	1.94% (Feb 2025)	1.65% (Jan 2025)	1.53 Cr	0.00	Mid Cap	47.74
- Aurobindo Pharma Ltd.	Pharmaceuticals	9.1	15198.3	1.70%	0.00%	2.23% (Dec 2024)	1.65% (Aug 2025)	1.33 Cr	0.00	Large Cap	12.32
Union Bank Of India	Public sector bank	5.15	14404.1	1.61%	0.03%	1.78% (May 2025)	1.46% (Aug 2025)	9.69 Cr	0.00	Mid Cap	47.74
Delhivery Ltd.	Logistics solution provider	1.58	14136.8	1.58%	-0.03%	1.71% (Aug 2025)	0.9% (Mar 2025)	3.03 Cr	0.00	Other	26.06
Bosch Ltd.	Auto components & equipments	3.49	13717.8	1.53%	-0.09%	1.74% (Jul 2025)	0.36% (Dec 2024)	3.68 L	7.49 k	Large Cap	12.32
PB Fintech Ltd.	Financial technology (fintech)	1.42	12701.1	1.42%	-0.01%	1.92% (Dec 2024)	1.42% (Oct 2025)	71.14 L	0.00	Other	26.06
Indian Hotels Company Limited	Hotels & resorts	1.4	12514.7	1.40%	-0.03%	4.41% (Dec 2024)	1.4% (Oct 2025)	1.69 Cr	0.00	Mid Cap	47.74
Dabur India Ltd.	Personal care	4.82	11825.4	1.32%	-0.08%	1.4% (Sep 2025)	0% (Nov 2024)	2.43 Cr	1.21 L	Large Cap	12.32
Mphasis Ltd.	Computers - software & consulting	7.75	11561.3	1.29%	-0.02%	1.4% (Aug 2025)	1.12% (Feb 2025)	41.82 L	0.00	Mid Cap	47.74
Eternal Ltd.	E-retail/ e-commerce	1.28	11423.2	1.28%	-0.10%	1.38% (Sep 2025)	0% (Nov 2024)	3.60 Cr	0.00	Other	26.06
Gland Pharma Ltd.	Pharmaceuticals	9.1	11303.7	1.26%	-0.12%	1.39% (Jul 2025)	1.04% (Apr 2025)	58.60 L	0.00	Other	26.06
AIA Engineering Ltd.	Castings & forgings	2.16	10816.5	1.21%	-0.06%	1.77% (Jan 2025)	1.21% (Oct 2025)	33.28 L	-2.01 L	Mid Cap	47.74
Indraprastha Gas Ltd.	Lpg/cng/png/lng supplier	1.21	10810.4	1.21%	-0.03%	1.42% (Feb 2025)	0.8% (Nov 2024)	5.10 Cr	4.25 L	Mid Cap	47.74
Hexaware Technologies Ltd.	Computers - software & consulting	7.75	10212	1.14%	-0.03%	1.47% (May 2025)	0% (Nov 2024)	1.49 Cr	0.00	Other	26.06
Star Health and Allied Insurance Co Ltd.	General insurance	1.43	10175.1	1.14%	0.06%	1.23% (May 2025)	0.92% (Mar 2025)	2.06 Cr	0.00	Other	26.06
Karur Vysya Bank Ltd	Private sector bank	5.95	9653.5	1.08%	0.09%	1.08% (Oct 2025)	0.92% (Dec 2024)	3.97 Cr	0.00	Small Cap	7.82
Coromandel International Ltd.	Fertilizers	1.02	9076.7	1.02%	-0.09%	1.23% (Jul 2025)	0.23% (Nov 2024)	42.72 L	70.62 k	Mid Cap	47.74
Redington Ltd.	Trading & distributors	1.01	8998.4	1.01%	-0.17%	1.37% (Jun 2025)	0.91% (Dec 2024)	3.55 Cr	0.00	Small Cap	7.82
Associated Cement Companies Ltd.	Cement & cement products	1	8929.5	1.00%	-0.02%	1.31% (Nov 2024)	1% (Oct 2025)	47.46 L	0.00	Mid Cap	47.74
Escorts Ltd.	Tractors	0.99	8869.2	0.99%	0.07%	0.99% (Oct 2025)	0.35% (Nov 2024)	23.42 L	69.56 k	Small Cap	7.82
Nippon Life India Asset Management Ltd.	Asset management company	0.97	8691.4	0.97%	-0.05%	1.02% (Sep 2025)	0.75% (Feb 2025)	99.35 L	0.00	Mid Cap	47.74
Alkem Laboratories Ltd.	Pharmaceuticals	9.1	8512.2	0.95%	0.33%	0.95% (Oct 2025)	0% (Nov 2024)	15.46 L	5.75 L	Mid Cap	47.74
Bharat Forge Ltd.	Castings & forgings	2.16	8526	0.95%	0.03%	0.97% (May 2025)	0% (Nov 2024)	64.36 L	0.00	Mid Cap	47.74
Crompton Greaves Consumer Electricals Ltd.	Household appliances	0.91	8132.5	0.91%	-0.08%	1.55% (Nov 2024)	0.91% (Oct 2025)	2.88 Cr	0.00	Mid Cap	47.74
Dixon Technologies (India) Ltd.	Consumer electronics	1.47	7968.4	0.89%	-0.10%	1.39% (Nov 2024)	0.89% (Oct 2025)	5.14 L	0.00	Other	26.06
KEC International Ltd.	Heavy electrical equipment	0.83	7386.2	0.83%	-0.10%	1.39% (Dec 2024)	0.83% (Oct 2025)	90.32 L	0.00	Small Cap	7.82
Indusind Bank Ltd.	Private sector bank	5.95	7332.9	0.82%	0.02%	1.35% (Feb 2025)	0% (Nov 2024)	92.26 L	0.00	Large Cap	12.32
Sundram Fasteners Ltd.	Auto components & equipments	3.49	6846.3	0.77%	-0.08%	1.21% (Nov 2024)	0.77% (Oct 2025)	72.11 L	0.00	Mid Cap	47.74
- Timken India Ltd.	Abrasives & bearings	1.32	6760.5	0.76%	0.00%	0.84% (Jun 2025)	0.56% (Dec 2024)	21.50 L	0.00	Small Cap	7.82
Godrej Consumer Products Ltd	Personal care	4.82	6483.5	0.73%	-0.07%	0.8% (Sep 2025)	0.45% (Nov 2024)	57.96 L	0.00	Large Cap	12.32
# SKF India (Industrial) Ltd.	Auto components & equipments	3.49	6372.9	0.71%	0.71%	0.71% (Oct 2025)	0% (Nov 2024)	23.53 L	23.53 L	Other	26.06
Supreme Industries Ltd.	Plastic products - industrial	0.71	6319.3	0.71%	-0.11%	1.01% (Nov 2024)	0.71% (Oct 2025)	16.58 L	0.00	Mid Cap	47.74
City Union Bank Ltd.	Private sector bank	5.95	5957.3	0.67%	0.01%	0.68% (Jun 2025)	0.56% (Mar 2025)	2.61 Cr	0.00	Mid Cap	47.74
United Spirits Ltd.	Breweries & distilleries	0.64	5686.5	0.64%	0.02%	0.64% (Oct 2025)	0.42% (Nov 2024)	39.73 L	0.00	Large Cap	12.32
Gujarat Fluorochemicals Ltd.	Specialty chemicals	0.91	5190.9	0.58%	-0.03%	0.77% (Mar 2025)	0.57% (Aug 2025)	13.87 L	0.00	Other	26.06
SKF India Ltd.	Abrasives & bearings	1.32	5037.4	0.56%	-0.75%	1.54% (Nov 2024)	0.56% (Oct 2025)	23.53 L	0.00	Small Cap	7.82
Cholamandalam Financial Holdings Ltd.	Investment company	0.48	4331.3	0.48%	-0.02%	0.58% (Jun 2025)	0.41% (Dec 2024)	22.65 L	0.00	Small Cap	7.82
Sona BLW Precision Forgings Ltd.	Auto components & equipments	3.49	4246.6	0.48%	0.10%	0.57% (Feb 2025)	0.36% (Nov 2024)	89.83 L	11.22 L	Other	26.06
Emami Ltd.	Personal care	4.82	3965	0.44%	-0.03%	0.67% (Nov 2024)	0.44% (Oct 2025)	74.19 L	0.00	Mid Cap	47.74
Greenlam Industries Ltd.	Plywood boards/ laminates	0.79	3970.8	0.44%	0.02%	0.61% (Nov 2024)	0.42% (Sep 2025)	1.50 Cr	0.00	Other	26.06
Ceat Ltd.	Tyres & rubber products	6.13	3681.8	0.41%	0.05%	0.6% (May 2025)	0.34% (Aug 2025)	9.13 L	0.00	Small Cap	7.82
Vesuvius India Ltd.	Electrodes & refractories	0.41	3632.6	0.41%	-0.03%	0.55% (May 2025)	0.41% (Oct 2025)	73.63 L	0.00	Other	26.06
Symphony Ltd.	Consumer electronics	1.47	3470.1	0.39%	-0.01%	0.63% (Nov 2024)	0.39% (Oct 2025)	37.12 L	0.00	Small Cap	7.82
- Vardhman Textiles Ltd.	Other textile products	0.35	3172	0.35%	0.00%	0.49% (Dec 2024)	0.35% (Sep 2025)	72.74 L	0.00	Other	26.06
Aarti Industries Ltd.	Specialty chemicals	0.91	2937.4	0.33%	-0.01%	0.48% (Jan 2025)	0.33% (Oct 2025)	77.31 L	0.00	Mid Cap	47.74
KNR Constructions	Civil construction	0.33	2957	0.33%	-0.09%	1.02% (Dec 2024)	0.33% (Oct 2025)	1.63 Cr	-0.18 Cr	Small Cap	7.82
Oracle Financial Services Software Limited	Software products	0.32	2900.6	0.32%	-0.02%	1.62% (Nov 2024)	0.32% (Oct 2025)	3.41 L	0.00	Mid Cap	47.74
- Arvind Ltd.	Garments & apparels	0.29	2598.8	0.29%	0.00%	0.52% (Nov 2024)	0.28% (Aug 2025)	81.52 L	0.00	Small Cap	7.82
- ICICI Lombard General Insurance Co Ltd.	General insurance	1.43	2624.3	0.29%	0.00%	0.3% (Jul 2025)	0% (Nov 2024)	13.16 L	0.00	Large Cap	12.32
Bharti Hexacom Ltd.	Telecom - equipment & accessories	0.28	2540.8	0.28%	0.01%	0.32% (Jun 2025)	0.25% (Jan 2025)	13.65 L	0.00	Other	26.06
Five-Star Business Finance Ltd.	Non banking financial company (nbfc)	2.47	2519.3	0.28%	0.04%	0.43% (Feb 2025)	0.24% (Sep 2025)	38.59 L	0.00	Other	26.06
- Navneet Education Ltd.	Printing & publication	0.28	2542.8	0.28%	0.00%	0.32% (Feb 2025)	0.27% (Jun 2025)	1.57 Cr	0.00	Small Cap	7.82
Colgate - Palmolive (India) Limited	Personal care	4.82	1798.9	0.20%	-0.01%	0.45% (Apr 2025)	0% (Nov 2024)	8.02 L	0.00	Large Cap	12.32
- Greenply Industries Ltd.	Plywood boards/ laminates	0.79	1656	0.19%	0.00%	0.24% (Nov 2024)	0.19% (Sep 2025)	54.21 L	0.00	Small Cap	7.82
# LG Electronics India Pvt. Ltd.	Consumer electronics	1.47	1671.7	0.19%	0.19%	0.19% (Oct 2025)	0% (Nov 2024)	10.05 L	10.05 L	Other	26.06
Dhanuka Agritech Ltd.	Pesticides & agrochemicals	0.16	1430.7	0.16%	-0.03%	0.24% (Jul 2025)	0.16% (Oct 2025)	10.41 L	0.00	Small Cap	7.82
- Greenpanel Industries Ltd.	Plywood boards/ laminates	0.79	1469.8	0.16%	0.00%	0.25% (Dec 2024)	0.16% (Sep 2025)	51.59 L	0.00	Other	26.06
- Jagran Prakashan Ltd.	Print media	0.06	554.2	0.06%	0.00%	0.11% (Jan 2025)	0.06% (Sep 2025)	76.26 L	0.00	Small Cap	7.82

- indicates change in weight in the portfolio. # indicates a new entry.

New Stocks added in Portfolio (in 1 month period ending 31st Oct,2025)

Stock Invested in	Sector	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty
# SKF India (Industrial) Ltd.	Auto components & equipments	6372.9	0.71%	0.71%	0.71% (Oct 2025)	0% (Nov 2024)	23.53 L	2353023
# LG Electronics India Pvt. Ltd.	Consumer electronics	1671.7	0.19%	0.19%	0.19% (Oct 2025)	0% (Nov 2024)	10.05 L	1004854

Stocks removed from Portfolio (in 1 month period ending 31st Oct,2025)

Stock Invested in	Sector	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty
No complete exits in the portfolio in the last month.

Trend in stock holdings (Top 15 Holding)

Stock	Oct 2025	Sep 2025	Aug 2025	Jul 2025	Jun 2025	May 2025	Apr 2025	Mar 2025	Feb 2025	Jan 2025	Dec 2024	Nov 2024	Oct 2024
Max Financial Services Ltd.	4.46%	4.76%	4.94%	4.59%	5.02%	4.81%	4.45%	4.04%	3.77%	3.86%	3.54%	3.67%	4.14%
Federal Bank Ltd.	3.38%	2.91%	2.95%	3.09%	3.24%	3.24%	3.36%	3.39%	3.36%	3.26%	3.25%	3.51%	3.42%
Balkrishna Industries Ltd.	3.37%	3.54%	3.59%	3.84%	2.76%	2.94%	3.34%	3.22%	3.53%	3.31%	3.05%	2.87%	2.97%
Coforge Ltd.	3.11%	2.93%	3.20%	3.17%	3.44%	3.22%	2.93%	3.36%	3.27%	3.38%	3.72%	3.43%	3.15%
Ipca Laboratories Ltd.	2.52%	2.80%	2.94%	3.07%	2.80%	2.91%	3.01%	3.27%	3.17%	3.11%	3.44%	3.20%	3.35%
Indian Bank	3.54%	3.26%	2.90%	2.73%	2.82%	2.85%	2.78%	2.75%	2.79%	2.77%	2.49%	2.76%	2.87%
Indian Hotels Company Limited	1.40%	1.43%	1.54%	1.49%	1.94%	2.38%	3.31%	3.69%	3.77%	3.70%	4.41%	4.19%	3.84%
Hindustan Petroleum Corporation Ltd.	2.96%	2.90%	2.51%	2.77%	2.89%	2.86%	2.81%	2.76%	2.41%	2.69%	2.80%	2.64%	2.65%
Apollo Tyres Limited	2.35%	2.33%	2.33%	2.25%	2.24%	2.47%	2.64%	2.46%	2.32%	2.49%	2.84%	2.81%	2.82%
Fortis Healthcare Ltd.	3.19%	3.18%	2.96%	2.65%	2.41%	2.26%	2.33%	2.45%	2.31%	2.21%	2.28%	2.09%	1.94%
Persistent Systems Ltd.	2.21%	1.90%	2.13%	2.05%	2.40%	2.36%	2.37%	2.73%	2.82%	2.95%	2.98%	2.79%	2.57%
Au Small Finance Bank Ltd.	3.70%	3.16%	3.04%	3.05%	2.97%	2.56%	2.58%	1.93%	2.18%	2.02%	1.32%	1.40%	1.49%
Jindal Steel Ltd.	1.82%	1.92%	3.48%	-	-	-	-	-	-	-	-	-	-
Jindal Steel & Power Ltd.	-	-	-	1.76%	1.71%	1.82%	1.83%	1.92%	1.94%	1.65%	1.79%	1.79%	1.84%
Tata Communications Ltd.	2.34%	2.12%	2.08%	2.28%	2.23%	2.33%	2.36%	2.41%	2.22%	2.39%	2.30%	2.37%	2.41%
Glenmark Pharmaceuticals Ltd.	2.67%	2.87%	2.87%	3.07%	2.21%	1.60%	1.62%	1.86%	1.65%	1.58%	1.62%	1.55%	1.75%