Top Mid Cap Mutual Funds: Among stock market investors, Top Mid Cap Mutual Funds are rapidly gaining popularity these days. Especially for those investors who want to build long-term wealth through SIPs, these funds are no less than an opportunity.
Mid cap companies are generally smaller than large caps, but their growth potential is significantly higher.
Strong Returns Over the Last 10 Years
The Nifty Midcap 150 TRI Index has delivered an average return of 19.1% over the past 10 years. If an investor selected the right Top Mid Cap Mutual Funds, they earned over 23% annual return through SIPs.
Below is information on some of the best-performing funds.
Motilal Oswal Midcap Fund
Launched in February 2014, this fund manages assets worth over ₹30,000 crore. It invests in mid cap companies like Coforge, Persistent Systems, and Kalyan Jewellers.
With its active investment strategy and long-term holding, investors have earned nearly 23.7% annual SIP return. A 10-year SIP’s value has now reached up to ₹42 lakh.
Edelweiss Mid Cap Fund
Initially launched as a small and mid cap fund, it is now fully mid cap-focused. With an AUM of around ₹10,000 crore, it invests in companies like Max Healthcare and Coforge. This fund has delivered 23.4% annual return via SIP.
Invesco India Midcap Fund
Launched in April 2007, this fund has an AUM of ₹6,600 crore. By investing in growth stocks like BSE and Prestige Estates, this fund has given an annual SIP return of 23.2%.
Quant Mid Cap Fund
With an AUM of ₹9,000 crore, this fund is known for its agile strategy and compact portfolio. It invests in companies like Reliance Industries and IRB Infra, delivering 23.1% annual SIP return.
Nippon India Growth Fund
Launched in 1995, this fund works on a GARP strategy and with assets of ₹36,800 crore, invests in companies like BSE and Fortis Healthcare.
This fund also provides an approximate annual return of 22.7%.
Think Before You Invest
Top Mid Cap Mutual Funds are ideal for investors who seek higher long-term returns and can handle moderate to high risk.
However, before starting an SIP in any fund, it’s important to evaluate your risk profile and financial goals.
Disclaimer: This article is for general information only. The information provided is not investment advice. Please consult a financial expert before investing. Mutual Fund investments are subject to market risks.