Top 6 mid-cap mutual funds that have beaten their Nifty benchmark in 5 years
Top 6 mid-cap mutual funds: Mid-cap mutual funds invest most of their money in mid-cap companies. Mid-cap firms are more market-stable than small-cap companies. Many of the mid-cap mutual funds have shown consistency over the years. Funds such as Quant Mid Cap Fund, and Motilal Oswal Mid Cap Fund have been consistent performers in the last 5 years. Here's a list of the top 6 mid-cap mutual funds that performed better than their benchmark, NIFTY Midcap 150 Total Return Index, in the last 5 years (As per Association of Mutual Funds in India data).
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Quant Mid Cap Fund
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The fund at No. 1 has given 35.63% returns in the 5-year period. Its benchmark, NIFTY Midcap 150 Total Return Index, has given a return of 26.02% in the same period. The mid-cap fund's assets under management (AUM) are Rs 6,983.10 crore, while its net asset value (NAV) under its direct plan is Rs 248.6217.
Motilal Oswal Mid Cap Fund
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Mahindra Manulife Mid Cap Fund
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PGIM India Midcap Opportunities Fund
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Edelweiss Mid Cap Fund
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Nippon India Growth Fund
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