Top 7 mid cap mutual funds with highest SIP returns in 1 year: How Rs 11,000 monthly SIP has grown in each fund; know here
Top 7 Mid Cap SIP Mutual Funds in 1 Year: The mid cap mutual fund category has given 48.35 per cent annualised returns (CAGR) in 1 year, 24.44 per cent in 3 years, 29.27 per cent in 5 years, and 18.53 per cent in 10 years, as per Value Research data.
Top 7 mid cap SIP mutual funds in 1 year: Mid cap mutual funds have at least 65 per cent of their investments in large cap stocks, as per Securities Exchange Board of India's (Sebi) classification of mutual funds. Mid cap firms are ranked from 101st to 250th in terms of the highest market capilisation (m-cap), as per Sebi's categorisation. Many of the mid cap companies are those that have transitioned from small caps, some of them have the potential to become large caps. So, the mid cap mutual fund category can provide stability and growth both. The mid cap mutual fund category has given 48.35 per cent annualised returns (CAGR) in 1 year, 24.44 per cent in 3 years, 29.27 per cent in 5 years, and 18.53 per cent in 10 years, as per Value Research data. In this write-up, know which is the top mid cap SIP mutual fund in 1 year and how Rs 11,000 monthly SIP in the fund has given in that period.
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Motilal Oswal Midcap Fund Direct-Growth
The fund at top has given 75.49 per cent annualised return in 1 year. It has assets under management (AUM) of Rs 14,446 crore, while its net asset value (NAV) is Rs 116.71.
Benchmarked against NIFTY Midcap 150 TRI, the fund has given 26.27 per cent annualised returns (CAGR) 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 11,000 monthly SIP in the fund turned into Rs 1.81 lakh in the 1-year period.
Edelweiss Mid Cap Direct Plan-Growth
The fund has given 66.56 per cent annualised SIP return in 1 year. The fund has an asset base of Rs 6,994 crore, while its NAV is Rs 114.66.
Benchmarked against NIFTY Midcap 150 TRI, the fund has given 24.07 per cent annualised return since its launch in January 2013.
Edelweiss Mid Cap Direct Plan-Growth
At an expense ratio of 0.39 per cent, the fund has a minimum SIP investment of Rs 500 and a minimum lump sum investment of Rs 5,000.
A Rs 11,000 monthly SIP in the fund has grown to Rs 1.76 lakh in 1 year.
JM Midcap Fund Direct - Growth
The fund has given 62.29 per cent annualised SIP return in the 1-year time frame. The fund has AUM of Rs 1,620 crore, while its NAV is Rs 20.74.
Benchmarked against NIFTY Midcap 150 TRI, the fund has given 50.48 per cent annualised returns since its inception in October 2022.
JM Midcap Fund Direct - Growth
At an expense ratio of 0.27 per cent, the fund has a minimum SIP investment of Rs 500 and a minimum lump sum investment of Rs 5,000.
A Rs 11,000 monthly SIP in the fund has converted into Rs 1.73 lakh in the 1-year period.
Invesco India Mid Cap Fund Direct-Growth
The fund has given 61.99 per cent annualised SIP return in the 1-year period. The fund has an asset base of Rs 5,438 crore, while its NAV is Rs 194.78.
Benchmarked against BSE 150 MidCap TRI, the fund has given 22.79 per cent annualised return 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 a minimum SIP investment of Rs 500 and a minimum lump sum investment of Rs 1,000.
A Rs 11,000 monthly SIP in the fund has jumped to Rs 1.73 lakh.
Sundaram Mid Cap Fund Direct-Growth
The fund has given 59.96 per cent annualised SIP return in 1 year. The fund has AUM of Rs 12,465 crore, while its NAV is Rs 1,504.36.
Benchmarked against NIFTY Midcap 150 TRI, the fund has given 20.39 per cent annualised return since its inception in January 2013.
Sundaram Mid Cap Fund Direct-Growth
At an expense ratio of 0.91 per cent, the fund has a minimum SIP investment of Rs 500 and a minimum lump sum investment of Rs 1,000.
A Rs 11,000 monthly SIP in the fund has turned into Rs 1.72 lakh.
Franklin India Prima Direct Fund-Growth
The fund has given 59.57 per cent annualised SIP return in the 1-year time frame. The fund has an asset base of Rs 12,529 crore, while its NAV is Rs 3,103.1482.
Benchmarked against NIFTY Midcap 150 TRI, the fund has given a 21.05 per cent annualised return since its launch in January 2013.
Franklin India Prima Direct Fund-Growth
At an expense ratio of 0.94 per cent, the fund has a minimum SIP investment of Rs 500 and a minimum lump sum investment of Rs 5,000.
A Rs 11,000 monthly SIP in the fund has grown to Rs 1.71 lakh.
HSBC Midcap Fund Direct-Growth
The fund has given 58.82 per cent annualised SIP return in the 1-year period. The fund's AUM is Rs 11,882 crore, while its NAV is Rs 438.59.
Benchmarked against NIFTY Midcap 150 TRI, the fund has given a 22.02 per cent annualised return since its launch in January 2013.
HSBC Midcap Fund Direct-Growth
At an expense ratio of 0.67 per cent, the fund has a minimum SIP investment of Rs 500 and a minimum lump sum investment of Rs 5,000.
A Rs 11,000 monthly SIP in the fund has swelled to Rs 1.71 lakh.