Top 7 Mid Cap Mutual Funds With Best SIP Returns in 5 Years: Rs 11,111 monthly SIP investment in No. 1 fund has sprung to Rs 16,55,742; know how others have fared
Top 7 mid cap mutual funds with best SIP returns in 5 years: Mid cap mutual funds have high exposure to mid cap stocks, which provides them high growth potential and stability. The mid cap mutual fund category has given a 13.98 per cent annualised return in 1 year, 16.56 per cent in 3 years, 23.75 per cent in 5 years, and 15.55 per cent in 10 years.
Top 7 mid cap mutual funds with best SIP returns in 5 years: Mutual fund investors invest in large cap mutual funds for stability and small caps for high growth, even though both are categorised as very high risk by Securities Exchange Board of India. Mid cap funds can provide growth and stability both. The reason is their exposure to mid cap stocks. As per Sebi's instructions, mid cap mutual funds need to have at least 65 per cent of their investment in mid cap stocks. These stocks belong to companies, among which some are in a high growth stage, while some are about to become large caps and have stability. The mid cap mutual fund category has given a 13.98 per cent annualised return in 1 year, 16.56 per cent in 3 years, 23.75 per cent in 5 years, and 15.55 per cent in 10 years, as per Value Research data. Investments in mid cap mutual fund category are suitable for long-term investment. In this write-up, know about the top 7 mutual funds with highest SIP returns (XIRR) in 5 years. Also know how a Rs 11,111 monthly SIP investment in each of them has performed during that time frame.
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Motilal Oswal Midcap Fund - Direct Plan
The fund has given 37.36 per cent annualised SIP return in 5 years.
It has assets under management (AUM) of Rs 26,421 crore, while its net asset value (NAV) is Rs 114.4182.
Benchmarked against NIFTY Midcap 150 TRI, the fund has given 25.08 per cent annualised return since its debut 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 11,111 monthly SIP investment in the 5-year period, , or a total investment of Rs 6,66,660, has grown to Rs 16,55,742.
Edelweiss Mid Cap Fund - Direct Plan
The fund has given 30.46 per cent annualised SIP return in the 5-year time frame.
It AUM of Rs 8,666 crore, while its NAV is Rs 107.0530.
Benchmarked against NIFTY Midcap 150 TRI, the fund has given 22.56 per cent annualised return since its inception 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 11,111 monthly SIP investment in 5 years has converted into Rs 14,09,156 .
HDFC Mid-Cap Opportunities Fund - Direct Plan
The fund has given 29.37 per cent annualised SIP return the 5-year period.
It has an asset base of Rs 77,967 crore, while its unit price is Rs 193.7580.
Benchmarked against NIFTY Midcap 150 TRI, the fund has given 21.38 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 11,111 monthly SIP investment in the 5-year time frame has jumped to Rs 13,73,320.
Invesco India Mid Cap Fund - Direct Plan
The fund has given 28.88 per cent annualised SIP return in 5 years.
It has a fund size of Rs 6,150 crore, while its unit price is Rs 188.5100.
Benchmarked against BSE 150 MidCap TRI, the fund has given 21.71 per cent annualised return since its starting 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 each.
A Rs 11,111 monthly SIP investment in the 5-year period has swelled to Rs 13,57,230.
Quant Mid Cap Fund - Direct Plan
The fund has given 29.22 per cent annualised SIP return in the 5-year time frame.
Its AUM is Rs 8,891 crore, while its NAV is Rs 232.2336.
Benchmarked against NIFTY Midcap 150 TRI, the fund has given 18.36 per cent annualised return since its beginning 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 investment and Rs 5,000 as the minimum lump sum investment.
A Rs 11,111 monthly SIP investment in 5 years has grown to Rs 13,68,475.
Nippon India Growth Fund - Direct Plan
The fund has given 28.89 per cent annualised SIP return the 5-year period.
It has an asset base of Rs 35,278 crore, while its NAV is Rs 4,088.5462.
Benchmarked against NIFTY Midcap 150 TRI, the fund has given 18.93 per cent annualised return since its launch in January 2013.
Nippon India Growth Fund - Direct Plan
At an expense ratio of 0.79 per cent, the fund has Rs 100 as the minimum SIP and lump sum investment each.
A Rs 11,111 monthly SIP investment in the 5-year time frame has converted into Rs 13,57,540.
Mahindra Manulife Mid Cap Fund - Direct Plan
The fund has given 28.66 per cent annualised SIP return in 5 years.
It has a fund size of Rs 4,362 crore, while its unit price is Rs 34.6580.
Benchmarked against NIFTY Midcap 150 TRI, the fund has given 19.56 per cent annualised return since its inception in January 2018.
Mahindra Manulife Mid Cap Fund - Direct Plan
With an expense ratio of 0.48 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 11,111 monthly SIP investment in the 5-year period has jumped to Rs 13,50,214.