Starting your mutual fund journey? Top 10 midcap, smallcap schemes in 5 years—No. 1 MF has turned Rs 3 lakh into Rs 13.56 lakh

These 10 schemes have beaten the returns of their benchmarks: Nifty Midcap 150 TRI (28.11 per cent), BSE Midcap 150 TRI (27.71 per cent), Nifty Smallcap 250 TRI (28.47 per cent), and BSE 250 Smallcap TRI (27.72 per cent), the data shows. 

Let's take a look at these schemes, and their annualised lump sum returns (direct mode) in detail: 

This midcap equity scheme has delivered an annualised return of 34.43 per cent in five years, according to AMFI data. To put that into perspective, a sum of Rs 3 lakh invested in this scheme five years ago is worth approximately Rs 13.17 lakh now, show calculations. 

This midcap MF has given an annualised 30.68 per cent return in five years, turning Rs 3 lakh into approximately Rs 11.43 lakh. 

This midcap equity scheme has delivered an annualised return of 30.31 per cent in five  years, turning a Rs 3 lakh investment into approximately Rs 11.27 lakh. 

This midcap scheme has given a 30.11 per cent annualised return in five years. A Rs 3 lakh investment in it has grown to about Rs 11.19 lakh during this period. 

This midcap equity scheme has delivered an annualised return of 29.79 per cent in five years, turning a Rs 3 lakh investment into approximately Rs 11.05 lakh. 

This smallcap scheme has given a 35.21 per cent annualised return in five years. A Rs 3 lakh investment in it has grown to about Rs 13.56 lakh during this period. 

This smallcap fund has delivered an annualised return of 33.48 per cent in five years. A lump sum investment of Rs 3 lakh in it has grown to approximately Rs 12.71 lakh during this period. 

This smallcap MF has given a return of 32.67 per cent in five years, turning Rs 3 lakh into approximately Rs 12.33 lakh. 

This scheme has given a return of 32.50 per cent. A sum of Rs 3 lakh invested in this scheme five years ago has grown to approximately Rs 12.25 lakh now. 

This smallcap fund has delivered an annualised return of 31.07 per cent in five years. A lump sum investment of Rs 3 lakh in it has grown to approximately Rs 11.60 lakh during this period.