Top 7 mid cap mutual funds with highest SIP returns in 3 years: Rs 22,222 monthly SIP investment in No 1 fund has converted into Rs 15,07,277
Top 7 mid cap mutual funds with highest SIP returns in 3 years: Mid cap mutual funds have most of their investments in mid cap stocks. Many of these firms are in the growth stage, and some of them are on the verge of becoming large caps. So, the category can provide growth and stability.
Top 7 mid cap mutual funds with highest SIP returns in 3 years: Mid cap mutual funds need to have at least 65 per cent of their investments in mid cap stocks, as per Securities Exchange Board of India's (Sebi) classification of mutual funds. Such a large allocation to mid cap stocks provides funds with growth prospects and stability. The reason is many mid cap companies are in their high-growth stage, and some of them can graduate to the large cap category. The mid cap mutual fund category has given a 22.88 per cent annualised return (CAGR) in 1 year, 20.45 per cent in 20.45 per cent in 3 years, 26.29 per cent in 5 years, and 16.75 per cent in 10 years. Know which are the top 7 mid cap mutual funds with highest annualised returns in 3 years, and how a Rs 22,222 monthly SIP investment in each of them has given in each fund.
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Motilal Oswal Midcap Fund - Direct Plan
The fund has given 45.74 per cent annualised SIP return in the 3-year time frame.
It has assets under management (AUM) of Rs 22,898 crore, while its net asset value (NAV) is Rs 126.0377.
Benchmarked against NIFTY Midcap 150 TRI, the fund has given 26.24 per cent annualised return since its inception in February 2014.
Motilal Oswal Midcap Fund - Direct Plan
With an expense ratio of 0.54 per cent, the fund has Rs 500 as the minimum SIP and lump sum investment each.
A Rs 22,222 monthly SIP investment in 3 years, or a total investment of Rs 7,99,992, has grown to Rs 15,07,277.
Invesco India Mid Cap Fund - Direct Plan
The fund has given 36.67 per cent annualised SIP return in the 3-year period.
It has AUM of Rs 5,863 crore, while its NAV is Rs 204.1200.
Benchmarked against BSE 150 MidCap TRI, the fund has given 22.56 per cent annualised return since its launch in January 2013.
Invesco India Mid Cap Fund - Direct Plan
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 22,222 monthly SIP investment in the fund has jumped to Rs 13,42,952 in the 3-year time frame.
HSBC Midcap Fund - Direct Plan
The fund has given 35.48 per cent annualised SIP return in 3 years.
It has an asset base of Rs 11,912 crore, while its unit price is Rs 449.3514.
Benchmarked against NIFTY Midcap 150 TRI, the fund has given 21.58 per cent annualised return since its debut in January 2013.
HSBC Midcap Fund - Direct Plan
With an expense ratio of 0.67 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 5,000 as minimum lump sum investment.
A Rs 22,222 monthly SIP investment in the fund has swelled to Rs 13,22,428 in the 3-year period.
Edelweiss Mid Cap Fund - Direct Plan
The fund has given 35.82 per cent annualised SIP return in the 3-year time frame.
It has a fund size of Rs 8,280 crore, while its unit price is Rs 115.4410.
Benchmarked against NIFTY Midcap 150 TRI, the fund has given 23.38 per cent annualised return since its beginning in January 2013.
Edelweiss Mid Cap Fund - Direct Plan
At an expense ratio of 0.39 per cent, the fund has Rs 100 as the minimum SIP and lump sum investment each.
A Rs 22,222 monthly SIP investment in the fund has converted into Rs 13,28,309 in 3 years.
Nippon India Growth Fund - Direct Plan
The fund has given 32.89 per cent annualised SIP return in the 3-year period.
It has AUM of Rs 34,584 crore, while its unit price is Rs 4,404.5191.
Benchmarked against NIFTY Midcap 150 TRI, the fund has given 19.70 per cent annualised return since its starting in January 2013.
Nippon India Growth Fund - Direct Plan
With an expense ratio of 0.79 per cent, the fund has Rs 100 as the minimum SIP and lump sum investment each.
A Rs 22,222 monthly SIP investment in the fund has grown to Rs 12,78,215 in the 3-year time frame.
Sundaram Mid Cap Fund - Direct Plan
The fund has given 32.82 per cent annualised SIP return in 3 years.
Its AUM is Rs 12,425 crore, while its NAV is Rs 1,483.7706.
Benchmarked against NIFTY Midcap 150 TRI, the fund has given 19.66 per cent annualised return since its inception in January 2013.
Sundaram Mid Cap Fund - Direct Plan
At an expense ratio of 0.90 per cent, the fund has Rs 100 as the minimum SIP and lump sum investment each.
A Rs 22,222 monthly SIP investment in the fund has converted into Rs 12,76,960 in the 3-year period.
HDFC Mid-Cap Opportunities Fund - Direct Plan
The fund has given 32.72 per cent annualised SIP return in the 3-year time frame.
It has a fund size of Rs 76,061 crore, while its NAV is Rs 206.2170.
Benchmarked against NIFTY Midcap 150 TRI, the fund has given 22.05 per cent annualised return since its launch in January 2013.
HDFC Mid-Cap Opportunities Fund - Direct Plan
With an expense ratio of 0.76 per cent, the fund has Rs 100 as the minimum SIP and lump sum investment each.
A Rs 22,222 monthly SIP investment in the fund has swelled to Rs 12,75,380 in 3 years.