Top Midcap Mutual Funds: Rs 5 lakh lump sum investment in 3 schemes has grown to more than Rs 20 lakh in 5 years; see list
Midcap Mutual Funds: A type of mutual fund schemes, midcap funds hold assets in mid-sized companies. These firms are considered to be in the middle of the mcap spectrum, ranked between 101 and 250. Generally, the midcap segment is considered riskier than largecap but safer than smallcap. In this article, we will cover some of the top-performing midcap mutual funds in 5 years, according to AMFI data as of January 3, 2025. Read on to learn more about some of the top-performing midcap MF schemes.
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Midcap Mutual Fund Schemes: Do you know about midcap mutual funds (also known as 'mid cap funds')? Midcap mutual funds are a type of open-ended equity funds that have allocations in stocks of mid-sized businesses. In this article, let's look at some of the top-performing midcap mutual funds. Five funds have delivered annualised returns to the tune of 30-35 per cent in the last 5 years, according to mutual fund industry body AMFI's website, amfiindia.com. These funds are: Motilal Oswal Midcap Fund, Quant Mid Cap Fund, Edelweiss Mid Cap Fund, PGIM India Midcap Opportunities Fund and Nippon India Growth Fund. Read on to learn about these MF schemes in detail.
All these midcap funds are benchmarked to the Nifty Midcap 150 Total Return gauge.
Top Midcap Funds | Take a look at the top-performing midcap mutual funds, as of January 3, 2025:
| Scheme | Benchmark(s) | Category | Annualised 5-year Return (%)-Direct |
| Motilal Oswal Midcap Fund | NIFTY Midcap 150 Total Return Index | Midcap | 35.04 |
| Quant Mid Cap Fund | NIFTY Midcap 150 Total Return Index | Midcap | 34.65 |
| Edelweiss Mid Cap Fund | NIFTY Midcap 150 Total Return Index | Midcap | 32.1 |
| PGIM India Midcap Opportunities Fund | NIFTY Midcap 150 Total Return Index | Midcap | 30.65 |
| Nippon India Growth Fund | NIFTY Midcap 150 Total Return Index | Midcap | 30.09 |
| Invesco India Mid Cap Fund | BSE 150 MidCap Total Return Index | Midcap | 29.94 |
| Mahindra Manulife Mid Cap Fund | NIFTY Midcap 150 Total Return Index | Midcap | 29.84 |
| HDFC Mid-Cap Opportunities Fund | NIFTY Midcap 150 Total Return Index | Midcap | 29.73 |
| Kotak Emerging Equity Fund | NIFTY Midcap 150 Total Return Index | Midcap | 28.55 |
| SBI Magnum Midcap Fund | NIFTY Midcap 150 Total Return Index | Midcap | 28.01 |
Midcap Mutual Fund Estimated Lump Sum Returns in 5 Years
Data shows that the top 10 funds in this category have rewarded investors with annualised returns of 28-35 per cent over 5 years.
Now, let's interpret these returns.
What these returns mean is that one-time investments of Rs 5 lakh in each have grown to approximately Rs 17.18-22.42 lakh in the 5-year period, as per calculations.
Also, the top three schemes have grown to at least Rs 20.11 lakh, calculations show.
Midcap MF Estimated SIP Returns
Now, let's get to SIP returns.
A monthly SIP of Rs 1,000 in each fund has grown to about Rs 1.2-1.70 lakh in the 10 schemes in the 5-year period.
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