Midcap Mutual Fund Schemes: Are you aware about midcap mutual funds (also called ‘mid cap funds’)? Midcap mutual funds are a sort of open-ended fairness funds which have allocations in shares of mid-sized companies. On this article, let’s take a look at a few of the top-performing midcap mutual funds. 5 funds have delivered annualised returns to the tune of 30-35 per cent within the final 5 years, in accordance with mutual fund trade physique AMFI’s web site, amfiindia.com. These funds are: Motilal Oswal Midcap Fund, Quant Mid Cap Fund, Edelweiss Mid Cap Fund, PGIM India Midcap Alternatives Fund and Nippon India Progress Fund. Learn on to find out about these MF schemes intimately.
All these midcap funds are benchmarked to the Nifty Midcap 150 Complete Return gauge.
Prime Midcap Funds | Check out the top-performing midcap mutual funds, as of January 3, 2025:
Scheme | Benchmark(s) | Class | Annualised 5-year Return (%)-Direct |
Motilal Oswal Midcap Fund | NIFTY Midcap 150 Complete Return Index | Midcap | 35.04 |
Quant Mid Cap Fund | NIFTY Midcap 150 Complete Return Index | Midcap | 34.65 |
Edelweiss Mid Cap Fund | NIFTY Midcap 150 Complete Return Index | Midcap | 32.1 |
PGIM India Midcap Alternatives Fund | NIFTY Midcap 150 Complete Return Index | Midcap | 30.65 |
Nippon India Progress Fund | NIFTY Midcap 150 Complete Return Index | Midcap | 30.09 |
Invesco India Mid Cap Fund | BSE 150 MidCap Complete Return Index | Midcap | 29.94 |
Mahindra Manulife Mid Cap Fund | NIFTY Midcap 150 Complete Return Index | Midcap | 29.84 |
HDFC Mid-Cap Alternatives Fund | NIFTY Midcap 150 Complete Return Index | Midcap | 29.73 |
Kotak Rising Fairness Fund | NIFTY Midcap 150 Complete Return Index | Midcap | 28.55 |
SBI Magnum Midcap Fund | NIFTY Midcap 150 Complete Return Index | Midcap | 28.01 |
Midcap Mutual Fund Estimated Lump Sum Returns in 5 Years
Information reveals that the highest 10 funds on this class have rewarded traders with annualised returns of 28-35 per cent over 5 years.
Now, let’s interpret these returns.
What these returns imply is that one-time investments of Rs 5 lakh in every have grown to roughly Rs 17.18-22.42 lakh within the 5-year interval, as per calculations.
Additionally, the highest three schemes have grown to a minimum of Rs 20.11 lakh, calculations present.
Midcap MF Estimated SIP Returns
Now, let’s get to SIP returns.
A month-to-month SIP of Rs 1,000 in every fund has grown to about Rs 1.2-1.70 lakh within the 10 schemes within the 5-year interval.
Learn extra on the ability of compounding