Top 5 Midcap Funds by Lump Sum Investment: Rs 1 lakh has grown to Rs 3.22 lakh-3.90 lakh in 5 years; see list, compare SIP returns
Top-performing Midcap Mutual Funds by Rs 2,00,000 One-time Investment: Five midcap funds have rewarded investors with annualised returns to the tune of 26-31 per cent in 5 years, as of February 7, according to AMFI data. To put this into perspective, a Rs 1 lakh lump sum investment in each fund has grown to about Rs 3.22 lakh-3.90 lakh during this period, calculations show. Read on to learn about these midcap funds in detail.
)
Top-performing Midcap Mutual Funds by One-time Investment: Midcap mutual funds—popularly known as midcap funds—are a type of mutual fund scheme that invests in mid-sized businesses by market capitalisation. Five midcap mutual fund schemes have rewarded investors with annualised returns of around 26-31 per cent in 5 years, as of February 7, according to data from industry body AMFI. In other words, a Rs 1 lakh lump sum investment in each fund has grown to Rs 3.22 lakh-3.90 lakh during this period, calculations show.
Top 5 Midcap Mutual Funds by Lump Sum Investment Returns in 5 Years
These funds are:
- Quant Mid Cap Fund (31.3 per cent annualised return in direct mode)
- Motilal Oswal Midcap Fund (29 per cent)
- Edelweiss Mid Cap Fund (27.5 per cent)
- HDFC Mid-Cap Opportunities Fund (26.7 per cent)
- PGIM India Midcap Opportunities Fund (26.4 per cent)
Benchmark: Nifty Midcap 150 TRI
All five have outperformed their benchmark index, which is the Nifty Midcap 150 Total Return index (24.9 per cent), data shows.
Top Midcap Funds by Lump Sum Investment Returns in 5 Years
Quant Mid Cap Fund
A Rs 1 lakh one-time investment in this fund has grown to approximately Rs 3.90 lakh in 5 years, translating to a 31.3 per cent annualised return, calculations show.
Motilal Oswal Midcap Fund (29 per cent)
A Rs 1 lakh lump sum investment in this scheme has helped investors build a corpus of approximately Rs 3.57 lakh in 5 years.
Edelweiss Mid Cap Fund (27.5 per cent)
A one-time investment of Rs 1 lakh in this midcap fund has grown to Rs 3.37 lakh in 5 years.
HDFC Mid-Cap Opportunities Fund (26.7 per cent)
PGIM India Midcap Opportunities Fund (26.4 per cent)
A lump sum investment of Rs 1 lakh in this midcap fund has helped investors accumulate a sum of Rs 3.22 lakh in 5 years.
Now, let's look at their SIP returns.
SIP Returns
The five midcap schemes have delivered annualised returns to the tune of 24.6-35.3 per cent in 5 years.
To put this into perspective, here are the estimated maturity values with Rs 1,000 monthly SIPs (Rs 60,000 total invstment in 5 years) in these funds:
- Quant Mid Cap Fund: Rs 1.21 lakh
- Motilal Oswal Midcap Fund: Rs 1.42 lakh
- Edelweiss Mid Cap Fund: Rs 1.25 lakh
- HDFC Mid-Cap Opportunities Fund: Rs 1.23 lakh
- PGIM India Midcap Opportunities Fund: Rs 1.18 lakh
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
05:40 PM IST
As PSU thematic mutual funds sink; these are top 5 losers
3 top Crisil-rated midcap funds that have rewarded investors with up to 36% returns in 3 years