Top 7 Mid Cap Mutual Funds With Highest SIP Returns in 1 Year: No. 1 fund has converted Rs 25,000 monthly investment into Rs 3,78,587
Top 7 Mid Cap Mutual Funds With Best SIP Returns in 1 Year: Mid cap mutual funds need to have at least 60 per cent of their investments in mid cap stocks. The mid cap mutual fund category has given 41.89 per cent annualised return in 1 year, 20.38 per cent in 3 years, 26.09 per cent in 5 years, and 17.28 per cent in 10 years.
Top 7 Mid Cap Mutual Funds With Highest SIP Returns in 1 Year: Mid cap mutual funds invest their money in companies that are from 101st to 250th spot in the list of the highest market capitalisation firms. It gives them exposure to many companies that have graduated from small cap to mid cap, and many that have slipped from large cap to mid or are about to jump from mid cap to large cap. Investment in such a mix of companies provides them with growth prospects as well as stability. They are not as stable as large cap mutual funds, but in the long run, mid caps can provide higher growth than their large cap counterparts. As per Securities Exchange Board of India (Sebi), mid cap mutual funds need to have at least 60 per cent of their investments in mid cap stocks. Data from Value Research shows that the mid cap mutual fund category has given 41.89 per cent annualised return in 1 year, 20.38 per cent in 3 years, 26.09 per cent in 5 years, and 17.28 per cent in 10 years. In this write-up, we will take you through the top 7 mid cap mutual funds in terms of the highest annualised SIP returns in 1 year. Also know how zrs 25,000 monthly SIP investment in each fund has grown to in the same time frame.
Photos: Unsplash/Pixabay
Motilal Oswal Midcap Fund Direct-Growth
The mid cap fund has given 51.74 per cent annualised SIP returns in the 1-year time frame.
It has assets under management (AUM) of Rs 18,604 crore, while its net asset value (NAV) is Rs 117.07.
Benchmarked against NIFTY Midcap 150 TRI, the fund given 25.83 per cent annualised returns since its inception in February 2014.
Motilal Oswal Midcap Fund Direct-Growth
At an expense ratio of 0.58 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 1,000 as the minimum lump sum investment.
A Rs 25,000 monthly SIP in the fund in 1-year period, or a total investment of Rs 3,00,000, has grown to Rs 3,78,587.
Edelweiss Mid Cap Direct Plan-Growth
The fund has given 41.03 per cent annualised SIP returns in the 1-year period.
It has AUM of Rs 7,755 crore, while its NAV is Rs 112.36.
Benchmarked against NIFTY Midcap 150 TRI, the fund given 23.47 per cent annualised returns since its debut in January 2013.
Edelweiss Mid Cap Direct Plan-Growth
With an expense ratio of 0.36 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 25,000 monthly SIP in the fund has jumped to Rs 3,63,065 in 1 year.
Invesco India Mid Cap Fund Direct-Growth
The fund has given 39.76 per cent annualised SIP returns in 1 year.
It has AUM of Rs 5,904 crore, while its NAV is Rs 192.54.
Benchmarked against BSE 150 MidCap TRI, the fund given 22.31 per cent annualised returns since its launch in January 2013.
Invesco India Mid Cap Fund Direct-Growth
At an expense ratio of 0.58 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 1,000 as the minimum lump sum investment.
A Rs 25,000 monthly SIP in the fund has grown to Rs 3,61,194 in the 1-year time frame.
JM Midcap Fund Direct - Growth
The fund has given 36.76 per cent annualised SIP returns in the 1-year time frame.
It has AUM of Rs 1,747 crore, while its NAV is Rs 20.19.
Benchmarked against NIFTY Midcap 150 TRI, the fund given 43.13 per cent annualised returns since its debut in October 2022.
JM Midcap Fund Direct - Growth
With an expense ratio of 0.28 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 25,000 monthly SIP in the fund has swelled to Rs 3,56,771 in the 1-year period.
HSBC Midcap Fund Direct-Growth
The fund has given 36.68 per cent annualised SIP returns in the 1-year period.
It has AUM of Rs 12,280 crore, while its NAV is Rs 433.31.
Benchmarked against NIFTY Midcap 150 TRI, the fund given 21.54 per cent annualised returns since its debut in January 2013.
HSBC Midcap Fund Direct-Growth
With an expense ratio of 0.66 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 25,000 monthly SIP in the fund has jumped to Rs 3,56,656 in the 1-year time frame.
WhiteOak Capital Mid Cap Fund Direct - Growth
The fund has given 35.59 per cent annualised SIP returns in 1 year.
It has AUM of Rs 2,565 crore, while its NAV is Rs 18.97.
Benchmarked against BSE 150 MidCap TRI, the fund given 33.99 per cent annualised returns since its beginning in August 2022.
WhiteOak Capital Mid Cap Fund Direct - Growth
At an expense ratio of 0.38 per cent, the fund has Rs 500 as the minimum SIP investment.
A Rs 25,000 monthly SIP in the fund has jumped to Rs 3,55,043 in the 1-year period.
Sundaram Mid Cap Fund Direct-Growth
The fund has given 34.65 per cent annualised SIP returns in the 1-year time frame.
It has AUM of Rs 13,129 crore, while its NAV is Rs 1,463.23.
Benchmarked against NIFTY Midcap 150 TRI, the fund given 19.79 per cent annualised returns since its starting in January 2013.
Sundaram Mid Cap Fund Direct-Growth
With an expense ratio of 0.36 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 1,000 as the minimum lump sum investment.
A Rs 25,000 monthly SIP in the fund has jumped to Rs 3,53,653 in 1 year.