Top 7 Midcap Mutual Funds in 5 Years: Rs 20,00,000 lump sum investment in No. 1 scheme has jumped to Rs 52.4 lakh

Midcap companies are the funds that have graduated from smallcaps and are about to become largecaps. The Securities Exchange Board of India (SEBI) requires Midcap mutual funds to keep at least 65 per cent of their assets in midcap stocks. It is an equity fund category and is good for investors who can hold their investments for the long term. Many midcap funds showed stable growth over the five years, with the top fund delivering over a 21 per cent annualised return. In this article, we will talk about the top seven midcap mutual funds that have given the highest returns in the past five years. Also, know what a Rs 20,00,000 lump sum (one-time) investment in each of them has given in the 5-year time frame.

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