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Top 5 Midcap Funds: Rs 1 lakh invested in these schemes has grown to over Rs 2 lakh in 3 years; see SIP returns
- Written by ZeeBiz WebTeam
Published: Zee Business| Updated: Zee Business
Top 5 Midcap Funds in 3 Years: As the market pauses at a record high after a gap of 14 months, Dalal Street investors are assessing the returns their long-term investments have delivered. According to data from mutual fund industry body AMFI, the top five midcap mutual funds have grown at an annualised 26.95-29.47 per cent (direct mode) in three years, as of November 26. To put this into perspective, a lump sum amount of Rs 1 lakh invested in these schemes has grown to approximately Rs 2.05 lakh-2.17 lakh during this period.
Here's a list of these midcap mutual fund schemes with annualised lump sum and SIP returns:
1/6
Benchmark beating returns
1/6All of the five schemes have beaten their benchmarks: Nifty Midcap 150 TRI (25.52 per cent) and BSE Midcap 150 TRI (24.95 per cent).
Now, let's take a look at the top five mutual funds:
2/6
Edelweiss Mid Cap Fund
2/6This mutual fund scheme has delivered an annualised 26.95 per cent return in three years.
A lump sum investment of Rs 1 lakh in it has grown to approximately Rs 2.04 lakh, calculations show.
The midcap scheme has given an SIP return of 25.28 per cent.
A monthly SIP of Rs 1,000 (total investment of Rs 36,000 in three years) has helped investors build a sum of about Rs 51,957 through this scheme in three years.
3/6
JM Midcap Fund
3/6This midcap fund has given an annualised 27.10 per cent return in three years, turning Rs 1 lakh of investment into slightly more than Rs 2.05 lakh.
The scheme has recorded an SIP return of 21.93 per cent. A Rs 1,000 a month SIP in it has helped investors build a corpus of approximately Rs 49,611 during this period.
4/6
Motilal Oswal Midcap Fund
4/6This midcap MF has given an annualised return of 27.69 per cent in three years, turning Rs 1 lakh of investment into approximately Rs 2.08 lakh.
The fund has delivered an SIP return of 23.64 per cent. A Rs 1,000 monthly SIP in it has grown to about Rs 50,800.
5/6
WhiteOak Capital Mid Cap Fund
5/6This midcap equity fund has given an annualised return of 27.90 per cent in three years, turning Rs 1 lakh of investment into approximately Rs 2.09 lakh.
The scheme has delivered an SIP return of 26.95 per cent during this period. A Rs 1,000 monthly SIP in it has led to wealth of approximately Rs 53,150.
6/6
Invesco India Mid Cap Fund
6/6This midcap mutual fund scheme has delivered an annualised 29.47 per cent return in three years. At this rate, a sum of Rs 1 lakh invested in the scheme has grown to approximately Rs 2.17 lakh during this period.
The scheme has recorded an SIP return of 29.26 per cent. A monthly SIP of Rs 1,000 in it (total investment of Rs 36,000) has led to a corpus of approximately Rs 54,834 during this period.
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