Top 5 mid-cap mutual funds in India in last 1 year
Top 5 mid-cap mutual funds in India in last 1 year: When it comes to investing in mutual funds, selecting the scheme with a focus on the correct market capitalization is paramount to meeting the respective investment objectives.
Mid-cap funds invest in equity and equity-related instruments of mid-cap companies. Here's a list of the top five mutual funds in India in the mid-cap space that has risen the highest in the last one year as per data available on AMFI:
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Bandhan Small Cap Fund
Bandhan Small Cap Fund The mid-cap fund is the topper with 74.38% returns in the one-year period. It has outpaced its benchmark, the S&P BSE 250 Small Cap Total Return Index, which has gains of 61.91 per cent in the same period. The fund has an AUM of Rs 4,653.88 crore. Its NAV is worth Rs 38.768.
Mahindra Manulife Small Cap Fund
Mahindra Manulife Small Cap Fund The mid-cap fund has gained 71.42% returns in the one-year period. It has outpaced its benchmark, S&P BSE 250 Small Cap Total Return Index, which has gained of 61.91 per cent in the same period. The fund has an AUM of Rs 3,742 crore. Its NAV is worth Rs 17.3441.
Quant Small Cap Fund
Quant Small Cap Fund Quant Small Cap Fund has surged 70.15% returns in the one-year period. It has outpaced its benchmark, NIFTY Smallcap 250 Total Return Index, which has gains of 66.97 per cent in the same period. The fund has an AUM of Rs 19,137.76 crore. Its NAV is worth Rs 260.5294.
ITI Small Cap Fund
ITI Small Cap Fund ITI Small Cap Fund has rewarded investors with 67.04% returns in the one-year period. It has outpaced its benchmark, NIFTY Smallcap 250 Total Return Index, which has gains of 66.97 per cent in the same period. The fund has an AUM of Rs 1,829.06 crore. Its NAV is worth Rs 25.9593.
Franklin India Smaller Companies Fund
Franklin India Smaller Companies Fund Franklin India Smaller Companies Fund has gained 58.09% returns in the one-year period. It has outpaced its benchmark, NIFTY Smallcap 250 Total Return Index, which has gains of 66.97 per cent in the same period. The fund has an AUM of Rs 12,091.43 crore. Its NAV is worth Rs 173.2822.