Top 7 Mid Cap Mutual Funds With up to 41% SIP Returns in 5 Years: No 1 fund has converted Rs 15,000 monthly investment into Rs 23,84,990
Top 7 Mid Cap Mutual Funds With Best SIP Returns in 5 Years: Mid cap mutual funds need to have at least 65 per cent of their investments in mid cap stocks. This provides them exposure to the companies that can provide stability, high growth, or both. The category has given 31.28 per cent annualised return in 1 year, 19.00 per cent in 3 years, 25.40 per cent in 5 years, and 16.48 per cent in 10 years.
Top 7 Mid Cap Mutual Funds With Highest SIP Returns in 5 Years: Mutual fund investors invest in large cap funds to get stable returns and small cap for high growth potential. But the mid cap mutual fund is a category that can provide stability and high growth potential. As per Securities Exchange Board of India (Sebi), mid cap mutual funds need to have at least 65 per cent of their investments in mid cap stocks. Mid cap companies are ranked from 101st to 250th in terms of market capitalisation. It means many companies have potential to jump to the large cap category, while many have just graduated from the small cap category. So, such investments of mid cap mutual funds in such stocks can provide stability and growth potential. The category has given 31.28 per cent annualised return in 1 year, 19.00 per cent in 3 years, 25.40 per cent in 5 years, and 16.48 per cent in 10 years, as per Value Research data. Since mid cap mutual funds are equity funds, they are high-risk and are suitable for investors with a high risk appetite. We take you through the top 7 mid cap mutual funds in terms of the highest annualised SIP returns in the 5-year period and what are their capital gains on monthly SIP investment of Rs 15,000.
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Motilal Oswal Midcap Fund - Direct Plan
The mid cap fund has given 40.18 per cent annualised SIP returns in 5 years.
It has assets under management (AUM) of Rs 20,056 crore, while its net asset value (NAV) is Rs 116.8032.
Benchmarked against NIFTY Midcap 150 TRI, the fund has given 25.72 per cent annualised returns since its debut in February 2014.
Motilal Oswal Midcap Fund - Direct Plan
With an expense ratio of 0.58 per cent, the fund has Rs 500 as the minimum SIP and lump sum investment each.
A Rs 15,000 monthly SIP in the fund in the 5-year period, or a total investment of Rs 9,00,000, has converted into Rs 23,84,990.
Edelweiss Mid Cap Fund - Direct Plan
The fund has given 33.38 per cent annualised SIP returns in the 5-year time frame.
It has AUM of Rs 7,677 crore, while its NAV is Rs 109.5050.
Benchmarked against NIFTY Midcap 150 TRI, the fund has given 23.12 per cent annualised returns since its launch in January 2013.
Edelweiss Mid Cap Fund - Direct Plan
At an expense ratio of 0.40 per cent, the fund has Rs 100 as the minimum SIP and lump sum investment each.
A Rs 15,000 monthly SIP in the fund has grown to Rs 20,37,418 in the 5-year period.
Quant Mid Cap Fund - Direct Plan
The fund has given 32.79 per cent annualised SIP returns in the 5-year period.
It has AUM of Rs 8,941 crore, while its NAV is Rs 239.4810.
Benchmarked against NIFTY Midcap 150 TRI, the fund has given 18.92 per cent annualised returns since its starting in January 2013.
Quant Mid Cap Fund - Direct Plan
With an expense ratio of 0.58 per cent, the fund has Rs 1,000 as the minimum SIP and Rs 5,000 as the minimum lump sum investment each.
A Rs 15,000 monthly SIP in the fund has grown to Rs 20,09,073 in 5 years.
Nippon India Growth Fund - Direct Plan
The fund has given 32.47 per cent annualised SIP returns in 5 years.
It has an asset base of Rs 33,922 crore, while its NAV is Rs 4,259.3319.
Benchmarked against NIFTY Midcap 150 TRI, the fund has given 19.61 per cent annualised returns since its beginning in January 2013.
Nippon India Growth Fund - Direct Plan
At an expense ratio of 0.77 per cent, the fund has Rs 100 as the minimum SIP and lump sum investment each.
A Rs 15,000 monthly SIP in the fund has grown to Rs 19,94,074 in the 5-year period.
HDFC Mid-Cap Opportunities Fund - Direct Plan
The fund has given 32.14 per cent annualised SIP returns in the 5-year time frame.
It has a fund size of Rs 75,037 crore, while its unit price is Rs 198.4010.
Benchmarked against NIFTY Midcap 150 TRI, the fund has given 21.92 per cent annualised returns since its inception in January 2013.
HDFC Mid-Cap Opportunities Fund - Direct Plan
With an expense ratio of 0.72 per cent, the fund has Rs 100 as the minimum SIP and lump sum investment each.
A Rs 15,000 monthly SIP in the fund has grown to Rs 19,78,749 in 5 years.
Mahindra Manulife Mid Cap Fund - Direct Plan
The fund has given 32.06 per cent annualised SIP returns in the 5-year period.
Its AUM is Rs 3,341 crore, while its NAV is Rs 35.9613.
Benchmarked against NIFTY Midcap 150 TRI, the fund has given 20.69 per cent annualised returns since its launch in January 2018.
Mahindra Manulife Mid Cap Fund - Direct Plan
At an expense ratio of 0.44 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 1,000 as the minimum lump sum investment.
A Rs 15,000 monthly SIP in the fund has grown to Rs 19,74,926 in the 5-year time frame.
Invesco India Mid Cap Fund - Direct Plan
The fund has given 30.96 per cent annualised SIP returns in 5 years.
It has an asset base of Rs 5,625 crore, while its unit price is Rs 190.0000.
Benchmarked against BSE 150 MidCap TRI, the fund has given 22.10 per cent annualised returns since its debut in January 2013.
Invesco India Mid Cap Fund - Direct Plan
With 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 15,000 monthly SIP in the fund has grown to Rs 19,24,581 in the 5-year period.