Top Midcap Mutual Funds: 7 schemes that have turned Rs 10 lakh into at least Rs 33 lakh in 5 years; see list
Top Smallcap Mutual Funds in 5 Years by SIP Returns: Can you guess the midcap equity mutual fund schemes in 5 years in terms of lump sum returns? Take a look at some of the top-performing midcap MFs during this period, as of January 13, according to AMFI data. All 7 funds are benchmarked to the Nifty Midcap 150 Total Return Index. Read on to learn about these schemes and the annualised annual returns that they have delivered.
Can you guess the top-performing midcap equity mutual funds with outstanding lump sum returns over 5 years? Based on AMFI data, as of January 13, here are the best-performing midcap mutual fund schemes in terms of one-time investment returns. These funds have delivered annualised lump sum investment returns to the tune of 27-32 per cent during this period, creating wealth to the tune of Rs 33.3-40.4 lakh through one-time investments of Rs 10 lakh. Here are 7 such funds benchmarked to the Nifty Midcap 150 Total Return index, which has delivered an annualised return of 26.8 per cent in the 5-year period.
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Take a look at the top 7 midcap mutual funds
These funds are: Quant Mid Cap Fund (with an annualised return of 32.2 per cent), Motilal Oswal Midcap Fund (31.4 per cent), Edelweiss Mid Cap Fund (29.3 per cent), PGIM India Midcap Opportunities Fund (27.9 per cent), HDFC Mid-Cap Opportunities Fund (27.3 per cent), Mahindra Manulife Mid Cap Fund (27.3 per cent) and Nippon India Growth Fund (27.2 per cent).