Top 7 midcap mutual funds that delivered a staggering YTD return of up to 60.5%
Midcap funds offer a perfect balance between risk and return. Further they are more stable as against smallcaps and offer lower returns than them.
In the diversified equity funds category, on a year-to-date (YTD) basis, midcaps outperformed all other categories. And in contrast large-cap funds lagged. Simply speaking, midcap funds invest a substantial portion of their assets in equity-oriented securities of midcap companies. Further, as per the Securities and Exchange Board of India (SEBI) classification, mid-cap companies rank between 101 and 250 based on their market capitalisation. So, as within the diversified equity funds category, midcap funds have topped the chart, here are the top 7 midcap funds on a YTD basis.
Top Midcap fund with the highest YTD return: Invesco India Mid Cap Fund - Direct Plan - Growth
Top Midcap fund with the highest YTD return: The fund during the review period has given an annualised return of 47.88 per cent. SIP in the fund can be kickstarted with just Rs 500. This fund has been recently upgraded by CRISIL to 4-star rating.
Top Midcap fund with the highest YTD return: HSBC Mid Cap Fund - Direct Plan - Growth
Top Midcap fund with the highest YTD return: The fund has delivered an annualised return of 44.7 per cent. SIP in the fund can be started with Rs 500. The fund's performance is benchmarked against Nifty MIDCAP 150 TRI.
Top Midcap fund with the highest YTD return: Motilal Oswal Midcap Fund - Direct Plan - Growth
Top Midcap fund with the highest YTD return: The fund on a year-to-basis (YTD) has provided annualised return to the tune of 60.5 per cent. It is a CRISIL 5-star rated fund requiring a minimum SIP amount of Rs 500.
Top Midcap fund with the highest YTD return: JM Midcap Fund - Direct Plan - Growth
Top Midcap fund with the highest YTD return: The fund has offered an annualised return of 37.48 per cent. NAV of the fund is Rs 20.266. Minimum investment amount required to start SIP in the fund is Rs 100.
Top Midcap fund with the highest YTD return: WhiteOak Capital Mid Cap Fund - Direct Plan - Growth
Top Midcap fund with the highest YTD return: WhiteOak Capital Mid Cap Fund - Direct Plan - Growth has offered an annualised yield of 37.1 per cent on a YTD basis. The fund's performance is benchmarked against BSE 150 MIDCAP TRI.
Top Midcap fund with the highest YTD return: Kotak Emerging Equity Fund - Direct Plan - Growth
Top Midcap fund with the highest YTD return: This fund has delivered an annualised return of 37.07 per cent during the review period.SIP in the fund can be kickstarted with just Rs 100.
Top Midcap fund with the highest YTD return: Bandhan Midcap Fund - Direct Plan - Growth
Top Midcap fund with the highest YTD return: This fund over the year to date period has offered an annualised return of 36.92 per cent. NAV of the fund is Rs 18.94 and minimum SIP investment amount is Rs 100.