Top 5 Midcap Funds by One-time Investment: Rs 1 lakh has grown to at least Rs 3.22 lakh in 5 years; see list, compare SIP returns
Top-performing Midcap MF Schemes by Rs 1 Lakh 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.
Read on to learn about these mutual funds in detail.
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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), and 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.
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
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
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
A one-time investment of Rs 1 lakh in the HDFC Mid-Cap Opportunities Fund has grown to Rs 3.26 lakh in 5 years.
PGIM India Midcap Opportunities Fund
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. All five midcap schemes have delivered annualised returns to the tune of 24.6-35.3 per cent in 5 years.
Quant Mid Cap Fund
A Rs 1,000 monthly SIP in this scheme has helped investors build a corpus of about Rs 1.21 lakh in 5 years.
Motilal Oswal Midcap Fund
Similarly, a Rs 1,000 monthly SIP in this fund has amassed a corpus of Rs 1.42 lakh in 5 years.
Edelweiss Mid Cap Fund
Through Rs 1,000 monthly SIPs, investors have accumulated wealth to the tune of approximately Rs 1.25 lakh in this fund in 5 years.
HDFC Mid-Cap Opportunities Fund
A Rs 1,000 monthly SIP in this fund has led to a corpus of Rs 1.23 lakh in 5 years.
PGIM India Midcap Opportunities Fund
A monthly SIP of Rs 1,000 in this midcap fund has led to a corpus of Rs 1.18 lakh in 5 years.