Top 7 mid cap SIP mutual funds with highest returns in 10 years: No. 1 fund has helped skyrocket Rs 15,000 monthly SIP to Rs 75.13 lakh
Top 7 mid cap SIP mutual funds with best returns in 10 years: The mid cap mutual fund category has grown 50.95 per cent in 1 year, 24.86 per cent in 3 years, 28.57 per cent in 5 years, and 18.64 per cent in 10 years, as per Value Research data as on August 19, 2024.
Top 7 mid cap mutual funds with highest SIP returns in 10 years: Mid cap mutual funds need to have at least 65 per cent of their investments in mid cap companies, as per Securities Exchange Board of India (Sebi) classification of mutual funds. But what are mid cap companies? For mutual funds, mid cap companies are ranked from 101 to 250 in the list of the highest market capitalisation firms. Exposure to mid cap firms helps mid cap mutual funds have more stability than small cap mutual funds and likely higher returns than large cap mutual funds. The mid cap mutual fund category has grown 50.95 per cent in 1 year, 24.86 per cent in 3 years, 28.57 per cent in 5 years, and 18.64 per cent in 10 years, as per Value Research data as on August 19, 2024. In this list, get to know top-performer mid cap mutual funds in terms of highest SIP returns (XIRR) in 10 years and what Rs 15,000 monthly SIP in each fund has turned into during the same time frame.
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Quant Mid Cap Fund - Direct Plan
The fund at the top has given 26.94 per cent annualised SIP return (XIRR) in 10 years. Its assets under management (AUM) are Rs 9,283 crore, while its net asset value (NAV) is Rs 270.7532. Benchmarked against NIFTY Midcap 150 TRI, the fund has given 20.63 per cent lump sum return (CAGR) since its inception in January 2013. It has 87.99 per cent of its investments in equity and 8.53 per cent in cash and cash equivalent.
Quant Mid Cap Fund - Direct Plan
In its 23-stock portfolio, the fund has Aurobindo Pharma, RIL, Concor, IRB Indra Developers, and SAIL as the main holdings.
A Rs 10,000 monthly SIP in the fund in 10 years, or a total investment of Rs 12 lakh, has turned into Rs 75,13,240.
Motilal Oswal Midcap Fund - Direct Plan
One of the best mid cap mutual funds in the category has given a 25.69 per cent annualised SIP return in the 10-year period. It has an asset base of Rs 14,446 crore, while its NAV is Rs 113.0323. Benchmarked against NIFTY Midcap 150 TRI, the fund has given a 26.01 per cent annualised return since its launch in February 2014.
Motilal Oswal Midcap Fund - Direct Plan
The fund's 83.17 per cent investments are in equity and 14.96 per cent in debt. In a 20-stock portfolio, the fund has Polycab India, Persistent Systems, Kalyan Jewellers, and Jio Financial Services as its main holdings.
A Rs 15,000 monthly SIP in the fund has turned into Rs 70,22,152 in 10 years.
Edelweiss Mid Cap Fund - Direct Plan
The fund has had a 24.76 per cent annualised SIP return in the 10-year time frame. It has AUM of Rs 6,994 crore, while its NAV is Rs 110.9480. Benchmarked against NIFTY Midcap 150 TRI, the fund has given 23.81 per cent annualised return since its inception in January 2013. The fund has 98.37 per cent of its investments in equity.
Edelweiss Mid Cap Fund - Direct Plan
In its 76-stock portfolio, the fund has Persistent Systems, Dixon Technologies, Trent, Indian Bank, Cummins India, and Solar Industries as its main holdings.
A Rs 15,000 monthly SIP in the fund started 10 years ago has swelled to Rs 66,78,929 as of today's date.
Nippon India Growth Fund - Direct Plan
The fund has given 24.13 per cent annualised SIP return in the 10-year period. It has AUM of Rs 32,971 crore, while its NAV rate is Rs 4,338.8274. Benchmarked against NIFTY Midcap 150 TRI, the fund has given 20.26 per cent annualised return since its launch in January 2013.
Nippon India Growth Fund - Direct Plan
The fund's 98.66 per cent investments are in equity. In its 95-stock portfolio, the fund has PFC, Cholamandalam Financial Holdings, Persistent Systems, and The Federal Bank as its main holdings.
A Rs 15,000 monthly SIP in the fund has given Rs 64,54,802 in 10 years.
Kotak Emerging Equity Fund - Direct Plan
The fund has given 23.78 per cent annualised SIP returns in the 10-year period. The fund has AUM of Rs 50,602 crore, while its NAV price is Rs 149.4050. Benchmarked against NIFTY Midcap 150 TRI, the fund has given a 22.53 per cent return since its launch in January 2013.
Kotak Emerging Equity Fund - Direct Plan
The fund's 95.96 per cent investments are in equity, and 3.84 per cent are in cash and cash equivalent. In its portfolio of 68 stocks, the fund has Persistent Systems, Mphasis, Supreme Industries, Oil India, and Oberoi Realty as its main holdings.
A Rs 10,000 monthly SIP in the fund has converted into Rs 63,32,469 as of today's date.
Invesco India Mid Cap Fund - Direct Plan
The fund has 23.40 per cent annualised SIP returns in the 10-year period. The fund has an asset base of Rs 5,438 crore, while its NAV is Rs 189.1000. Benchmarked against BSE 150 MidCap TRI, the fund has given 22.57 per cent annualised return since its launch in January 2013. The fund has 99.68 per cent of its investments in equity.
Invesco India Mid Cap Fund - Direct Plan
In a portfolio of 51 stocks, the fund has Prestige Estates, Trent, The Federal Bank, and Cholamandalam Investments and Finance Company as its main holdings.
A Rs 15,000 monthly SIP in the fund has turned into Rs 62,05,893 in 10 years.
HDFC Mid-Cap Opportunities Fund - Direct Plan
The fund has given 23.48 per cent annualised SIP returns in 10 years. It has an asset base of Rs 75,382 crore, while its NAV is Rs 202.4850. Benchmarked against NIFTY Midcap 150 TRI, the fund has given 22.66 per cent annualised returns since its launch in January 2013.
HDFC Mid-Cap Opportunities Fund - Direct Plan
The fund has 92 per cent of its investments in equity and 8 per cent in cash and cash equivalent. In its 73-stock portfolio, the fund has The Indian Hotels, Max Financial, The Federal Bank, and Apollo Tyres as the main holdings.
A Rs 15,000 monthly SIP in the fund has swelled to Rs 62,30,777 in the 10-year time frame.