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Best Mid Cap Mutual Funds 2024
Looking for the best mid cap Mutual Funds to invest in 2024? Well, many investors are inclining towards Investing in mid-caps because they are considered to be the future Market leaders. When an investor invests in mid-caps for a long-term, they prefer those companies that they think will be tomorrow’s runway successes.
Traditionally, mid-caps are typically mid-sized companies, which, if run well and have a good business strategy become tomorrow’s leaders or large-caps (some countries even Call them giant caps).
With the right business strategy, good management for execution, and being nimble towards changes makes mid-cap companies grow rapidly. Investors seeking to make higher gains than large-caps look towards mid-caps for investing, this, however, comes with higher risk (or Volatility). Institutional investors like mutual funds and Foreign Institutional Investors (FIIs) are increasingly investing in top mid-caps and mid cap funds to enhance their gains in the equity markets.
Why Should you Invest in Mid Cap Funds
Some of the benefits of investing in mid-cap funds are:
- They have a stronger wealth bearing potential as compared to large caps given a long-term holding; they typically perform better than the latter in bullish markets and when markets have been on the upswing for long
- Mid-cap companies have more potential for growth than large-caps
- Such firms respond faster to new innovations and changes in the market as they tend to be more focused, specialised in their niche and are nimble footed
- Mid-cap stocks are lower in volatility than small cap stocks
- Due to their potential of growing faster, they often tend to outperform Large cap funds over a longer period
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Advantages of Midcap funds
If we consider a long-term History of Mutual Funds, then mid -cap funds have consistently outperformed large-cap funds. In fact, the very nature of the fund is that its trend is not likely to change any soon. The mid-cap funds are relatively underfollowed in stock markets as compared with large-cap funds. This provides the investors with a huge opportunity to seek fast growth in their investments using these funds.
Top 11 Best Mid Cap Mutual Funds to Invest in FY 24 - 25
Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2023 (%) Motilal Oswal Midcap 30 Fund Growth ₹81.999
↓ -0.27 ₹8,987 10.9 33.7 62.7 37.7 26.6 41.7 PGIM India Midcap Opportunities Fund Growth ₹55.28
↑ 0.40 ₹9,924 5.3 17.1 31.7 20.8 25 20.8 Edelweiss Mid Cap Fund Growth ₹79.939
↑ 0.74 ₹5,115 7.9 29.5 54.4 27.2 25 38.4 SBI Magnum Mid Cap Fund Growth ₹208.835
↑ 1.48 ₹16,856 7.5 18.8 42.1 25.2 23.2 34.5 BNP Paribas Mid Cap Fund Growth ₹87.5909
↑ 0.50 ₹1,790 8.6 25 48.4 23.9 23 32.6 Kotak Emerging Equity Scheme Growth ₹107.263
↑ 0.50 ₹39,685 7.5 19.4 41.5 23.5 22.8 31.5 Invesco India Mid Cap Fund Growth ₹134.54
↑ 1.24 ₹4,280 9.3 27.9 52.5 26 22.6 34.1 TATA Mid Cap Growth Fund Growth ₹383.332
↑ 2.41 ₹3,348 9.2 26.4 56.6 25.4 22.6 40.5 UTI Mid Cap Fund Growth ₹260.392
↑ 2.05 ₹9,944 4.4 17.6 42.6 21.7 21.4 30.5 ICICI Prudential MidCap Fund Growth ₹251.03
↑ 1.91 ₹5,517 10 33.7 56.1 26.2 21.3 32.8 Axis Mid Cap Fund Growth ₹93.88
↑ 0.94 ₹25,537 9.3 22.9 42.5 20.2 20.9 29.6 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 24 Apr 24
*List of top Mid Cap mutual funds having minimum 200 Crore Net Assets / Assets Under Management (AUM), Sorted on 5 Year CAGR Return.
(Erstwhile Motilal Oswal MOSt Focused Midcap 30 Fund) The investment objective of the Scheme is to achieve long term capital appreciation by investing in a maximum of 30 quality mid-cap companies having long-term competitive advantages and potential for growth. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved. Motilal Oswal Midcap 30 Fund is a Equity - Mid Cap fund was launched on 24 Feb 14. It is a fund with Moderately High risk and has given a Below is the key information for Motilal Oswal Midcap 30 Fund Returns up to 1 year are on The primary objective of the Scheme is to achieve long-term capital appreciation by predominantly investing in equity & equity related instruments of mid cap companies. However, there is no assurance that the investment objective of the Scheme will be realized. PGIM India Midcap Opportunities Fund is a Equity - Mid Cap fund was launched on 2 Dec 13. It is a fund with High risk and has given a Below is the key information for PGIM India Midcap Opportunities Fund Returns up to 1 year are on (Erstwhile Edelweiss Mid and Small Cap Fund ) The investment objective is to seek to generate long-term capital appreciation from a portfolio that predominantly invests in equity and equity-related securities of Mid Cap companies.
However, there can be no assurance that the investment objective of the Scheme will be realised. Edelweiss Mid Cap Fund is a Equity - Mid Cap fund was launched on 26 Dec 07. It is a fund with High risk and has given a Below is the key information for Edelweiss Mid Cap Fund Returns up to 1 year are on To provide investors with opportunities for long-term growth in capital along with the liquidity of an open-ended scheme by investing predominantly in a well diversified basket of equity stocks of Midcap companies. SBI Magnum Mid Cap Fund is a Equity - Mid Cap fund was launched on 29 Mar 05. It is a fund with Moderately High risk and has given a Below is the key information for SBI Magnum Mid Cap Fund Returns up to 1 year are on The Investment objective of the scheme is to seek to generate long-term capital appreciation by investing primarily in companies with high growth opportunities in
the middle and small capitalization segment, defi ned as ‘Future Leaders’. The fund will emphasize on companies that appear to offer opportunities for long-term growth and will be inclined towards companies that are driven by dynamic style of management and entrepreneurial fl air. However, there can be no assurance that the investment objectives of the Scheme will be realized. The Scheme does not guarantee/indicate any returns. BNP Paribas Mid Cap Fund is a Equity - Mid Cap fund was launched on 2 May 06. It is a fund with High risk and has given a Below is the key information for BNP Paribas Mid Cap Fund Returns up to 1 year are on The investment objective of the scheme is to generate long-term capital appreciation from a portfolio of equity and equity related securities, by investing predominantly in mid and small cap companies. Kotak Emerging Equity Scheme is a Equity - Mid Cap fund was launched on 30 Mar 07. It is a fund with Moderately High risk and has given a Below is the key information for Kotak Emerging Equity Scheme Returns up to 1 year are on The Scheme seeks to provide long term capital appreciation by investing in a portfolio that is predominantly constituted of equity and equity related instruments of mid cap companies. However, there can be no assurance that the funds objectives will be achieved. Invesco India Mid Cap Fund is a Equity - Mid Cap fund was launched on 19 Apr 07. It is a fund with Moderately High risk and has given a Below is the key information for Invesco India Mid Cap Fund Returns up to 1 year are on To provide income distribution and / or medium to long term capital gains. Investments would be focused towards mid-cap stocks. TATA Mid Cap Growth Fund is a Equity - Mid Cap fund was launched on 1 Jul 94. It is a fund with Moderately High risk and has given a Below is the key information for TATA Mid Cap Growth Fund Returns up to 1 year are on Investment objective is "capital appreciation" by investing primarily in mid cap stocks. UTI Mid Cap Fund is a Equity - Mid Cap fund was launched on 7 Apr 04. It is a fund with Moderately High risk and has given a Below is the key information for UTI Mid Cap Fund Returns up to 1 year are on To generate capital appreciation by actively investing in diversified mid cap stocks. ICICI Prudential MidCap Fund is a Equity - Mid Cap fund was launched on 28 Oct 04. It is a fund with Moderately High risk and has given a Below is the key information for ICICI Prudential MidCap Fund Returns up to 1 year are on To achieve long term capital appreciation by investing predominantly in equity & equity related instruments of mid size companies. The focus of the fund would be to invest in relatively larger companies within this category. Axis Mid Cap Fund is a Equity - Mid Cap fund was launched on 18 Feb 11. It is a fund with Moderately High risk and has given a Below is the key information for Axis Mid Cap Fund Returns up to 1 year are on 1. Motilal Oswal Midcap 30 Fund
CAGR/Annualized return of 23% since its launch. Ranked 27 in Mid Cap category. Return for 2023 was 41.7% , 2022 was 10.7% and 2021 was 55.8% . Motilal Oswal Midcap 30 Fund
Growth Launch Date 24 Feb 14 NAV (24 Apr 24) ₹81.999 ↓ -0.27 (-0.33 %) Net Assets (Cr) ₹8,987 on 31 Mar 24 Category Equity - Mid Cap AMC Motilal Oswal Asset Management Co. Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 1.45 Sharpe Ratio 3.98 Information Ratio 1.03 Alpha Ratio 18.76 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹7,580 31 Mar 21 ₹12,801 31 Mar 22 ₹17,693 31 Mar 23 ₹19,463 31 Mar 24 ₹31,209 Returns for Motilal Oswal Midcap 30 Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 Apr 24 Duration Returns 1 Month 6.8% 3 Month 10.9% 6 Month 33.7% 1 Year 62.7% 3 Year 37.7% 5 Year 26.6% 10 Year 15 Year Since launch 23% Historical performance (Yearly) on absolute basis
Year Returns 2023 41.7% 2022 10.7% 2021 55.8% 2020 9.3% 2019 9.7% 2018 -12.7% 2017 30.8% 2016 5.2% 2015 16.5% 2014 Fund Manager information for Motilal Oswal Midcap 30 Fund
Name Since Tenure Niket Shah 1 Jul 20 3.75 Yr. Ankush Sood 11 Nov 22 1.39 Yr. Rakesh Shetty 22 Nov 22 1.36 Yr. Data below for Motilal Oswal Midcap 30 Fund as on 31 Mar 24
Equity Sector Allocation
Sector Value Technology 21.43% Industrials 20.27% Consumer Cyclical 18.03% Financial Services 10.97% Real Estate 7.82% Basic Materials 4.24% Communication Services 1.86% Health Care 0.7% Asset Allocation
Asset Class Value Cash 14.68% Equity 85.32% Top Securities Holdings / Portfolio
Name Holding Value Quantity Jio Financial Services Ltd (Financial Services)
Equity, Since 31 Aug 23 | 54394011% ₹930 Cr 30,000,000 Persistent Systems Ltd (Technology)
Equity, Since 31 Jan 23 | PERSISTENT10% ₹841 Cr 975,000 Kalyan Jewellers India Ltd (Consumer Cyclical)
Equity, Since 29 Feb 24 | KALYANKJIL10% ₹814 Cr 20,500,000
↑ 20,500,000 Tube Investments of India Ltd Ordinary Shares (Industrials)
Equity, Since 31 Jul 20 | TIINDIA8% ₹706 Cr 2,025,000
↑ 50,000 Prestige Estates Projects Ltd (Real Estate)
Equity, Since 31 Jul 23 | PRESTIGE6% ₹525 Cr 4,500,000 Coforge Ltd (Technology)
Equity, Since 31 Mar 23 | COFORGE6% ₹524 Cr 800,000 CG Power & Industrial Solutions Ltd (Industrials)
Equity, Since 31 Mar 21 | 5000935% ₹443 Cr 10,000,000 Balkrishna Industries Ltd (Consumer Cyclical)
Equity, Since 28 Feb 23 | BALKRISIND5% ₹384 Cr 1,725,000 Deepak Nitrite Ltd (Basic Materials)
Equity, Since 30 Sep 22 | DEEPAKNTR4% ₹360 Cr 1,625,000
↓ -200,000 Zomato Ltd (Consumer Cyclical)
Equity, Since 30 Apr 23 | 5433204% ₹331 Cr 20,000,000
↓ -20,000,000 2. PGIM India Midcap Opportunities Fund
CAGR/Annualized return of 17.9% since its launch. Ranked 40 in Mid Cap category. Return for 2023 was 20.8% , 2022 was -1.7% and 2021 was 63.8% . PGIM India Midcap Opportunities Fund
Growth Launch Date 2 Dec 13 NAV (24 Apr 24) ₹55.28 ↑ 0.40 (0.73 %) Net Assets (Cr) ₹9,924 on 31 Mar 24 Category Equity - Mid Cap AMC Pramerica Asset Managers Private Limited Rating ☆ Risk High Expense Ratio 1.95 Sharpe Ratio 1.98 Information Ratio -0.96 Alpha Ratio -6.25 Min Investment 5,000 Min SIP Investment 1,000 Exit Load 0-365 Days (1%),365 Days and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹7,833 31 Mar 21 ₹17,033 31 Mar 22 ₹23,038 31 Mar 23 ₹22,706 31 Mar 24 ₹29,298 Returns for PGIM India Midcap Opportunities Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 Apr 24 Duration Returns 1 Month 4.6% 3 Month 5.3% 6 Month 17.1% 1 Year 31.7% 3 Year 20.8% 5 Year 25% 10 Year 15 Year Since launch 17.9% Historical performance (Yearly) on absolute basis
Year Returns 2023 20.8% 2022 -1.7% 2021 63.8% 2020 48.4% 2019 3.6% 2018 -16.1% 2017 37% 2016 -1.3% 2015 7.9% 2014 42.8% Fund Manager information for PGIM India Midcap Opportunities Fund
Name Since Tenure Vinay Paharia 1 Apr 23 1 Yr. Puneet Pal 16 Jul 22 1.71 Yr. Anandha Padmanabhan Anjeneyan 19 Aug 23 0.62 Yr. Utsav Mehta 1 Nov 23 0.42 Yr. Data below for PGIM India Midcap Opportunities Fund as on 31 Mar 24
Equity Sector Allocation
Sector Value Consumer Cyclical 19.47% Financial Services 18.31% Industrials 17.4% Health Care 11.55% Basic Materials 11.5% Technology 9.75% Real Estate 3.6% Consumer Defensive 2.55% Utility 2% Communication Services 1.18% Asset Allocation
Asset Class Value Cash 2.69% Equity 97.31% Top Securities Holdings / Portfolio
Name Holding Value Quantity Max Healthcare Institute Ltd Ordinary Shares (Healthcare)
Equity, Since 30 Nov 22 | MAXHEALTH3% ₹329 Cr 4,146,055 Phoenix Mills Ltd (Real Estate)
Equity, Since 31 Jan 23 | 5031003% ₹277 Cr 1,002,218
↓ -351,521 TVS Motor Co Ltd (Consumer Cyclical)
Equity, Since 30 Apr 23 | 5323433% ₹267 Cr 1,247,811 Dixon Technologies (India) Ltd (Technology)
Equity, Since 30 Apr 23 | DIXON3% ₹267 Cr 399,033 Persistent Systems Ltd (Technology)
Equity, Since 30 Nov 21 | PERSISTENT3% ₹263 Cr 304,984 Poonawalla Fincorp Ltd (Financial Services)
Equity, Since 30 Apr 23 | POONAWALLA2% ₹230 Cr 4,932,540 JK Cement Ltd (Basic Materials)
Equity, Since 30 Apr 23 | JKCEMENT2% ₹226 Cr 500,296 Cholamandalam Investment and Finance Co Ltd (Financial Services)
Equity, Since 31 Jan 22 | CHOLAFIN2% ₹226 Cr 2,073,090 Tube Investments of India Ltd Ordinary Shares (Industrials)
Equity, Since 30 Apr 23 | TIINDIA2% ₹218 Cr 626,073 Sona BLW Precision Forgings Ltd (Consumer Cyclical)
Equity, Since 30 Apr 23 | 5433002% ₹207 Cr 2,999,218 3. Edelweiss Mid Cap Fund
CAGR/Annualized return of 13.6% since its launch. Ranked 22 in Mid Cap category. Return for 2023 was 38.4% , 2022 was 2.4% and 2021 was 50.3% . Edelweiss Mid Cap Fund
Growth Launch Date 26 Dec 07 NAV (24 Apr 24) ₹79.939 ↑ 0.74 (0.94 %) Net Assets (Cr) ₹5,115 on 31 Mar 24 Category Equity - Mid Cap AMC Edelweiss Asset Management Limited Rating ☆☆☆ Risk High Expense Ratio 2.1 Sharpe Ratio 3.13 Information Ratio -0.46 Alpha Ratio 1.84 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-12 Months (1%),12 Months and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹7,535 31 Mar 21 ₹14,774 31 Mar 22 ₹18,565 31 Mar 23 ₹19,089 31 Mar 24 ₹28,631 Returns for Edelweiss Mid Cap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 Apr 24 Duration Returns 1 Month 6.4% 3 Month 7.9% 6 Month 29.5% 1 Year 54.4% 3 Year 27.2% 5 Year 25% 10 Year 15 Year Since launch 13.6% Historical performance (Yearly) on absolute basis
Year Returns 2023 38.4% 2022 2.4% 2021 50.3% 2020 26.4% 2019 5.2% 2018 -15.7% 2017 52.3% 2016 2.5% 2015 9.4% 2014 83.4% Fund Manager information for Edelweiss Mid Cap Fund
Name Since Tenure Trideep Bhattacharya 1 Oct 21 2.5 Yr. Sahil Shah 24 Dec 21 2.27 Yr. Data below for Edelweiss Mid Cap Fund as on 31 Mar 24
Equity Sector Allocation
Sector Value Financial Services 21.5% Consumer Cyclical 19.81% Industrials 16.8% Technology 12.15% Basic Materials 11.03% Health Care 9.26% Real Estate 3.11% Utility 2.01% Consumer Defensive 1.92% Asset Allocation
Asset Class Value Cash 2.42% Equity 97.58% Top Securities Holdings / Portfolio
Name Holding Value Quantity Persistent Systems Ltd (Technology)
Equity, Since 31 Mar 21 | PERSISTENT5% ₹247 Cr 286,256 Trent Ltd (Consumer Cyclical)
Equity, Since 31 Jul 21 | 5002514% ₹224 Cr 577,507
↓ -31,787 Coforge Ltd (Technology)
Equity, Since 30 Jun 23 | COFORGE4% ₹180 Cr 274,464 Power Finance Corp Ltd (Financial Services)
Equity, Since 30 Sep 23 | 5328103% ₹177 Cr 4,412,635 Indian Bank (Financial Services)
Equity, Since 31 Jan 21 | 5328143% ₹173 Cr 3,298,021 Dixon Technologies (India) Ltd (Technology)
Equity, Since 31 Jan 20 | DIXON3% ₹161 Cr 240,705 The Federal Bank Ltd (Financial Services)
Equity, Since 31 Dec 18 | FEDERALBNK3% ₹145 Cr 9,637,857 Cummins India Ltd (Industrials)
Equity, Since 31 Dec 20 | 5004803% ₹142 Cr 517,473 TVS Motor Co Ltd (Consumer Cyclical)
Equity, Since 30 Jun 22 | 5323433% ₹141 Cr 658,248 Max Healthcare Institute Ltd Ordinary Shares (Healthcare)
Equity, Since 31 Jul 21 | MAXHEALTH2% ₹126 Cr 1,590,026 4. SBI Magnum Mid Cap Fund
CAGR/Annualized return of 17.3% since its launch. Ranked 28 in Mid Cap category. Return for 2023 was 34.5% , 2022 was 3% and 2021 was 52.2% . SBI Magnum Mid Cap Fund
Growth Launch Date 29 Mar 05 NAV (24 Apr 24) ₹208.835 ↑ 1.48 (0.71 %) Net Assets (Cr) ₹16,856 on 31 Mar 24 Category Equity - Mid Cap AMC SBI Funds Management Private Limited Rating ☆☆☆ Risk Moderately High Expense Ratio 1.88 Sharpe Ratio 2.97 Information Ratio -0.48 Alpha Ratio 2.34 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹6,992 31 Mar 21 ₹14,394 31 Mar 22 ₹18,209 31 Mar 23 ₹19,075 31 Mar 24 ₹26,985 Returns for SBI Magnum Mid Cap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 Apr 24 Duration Returns 1 Month 5.5% 3 Month 7.5% 6 Month 18.8% 1 Year 42.1% 3 Year 25.2% 5 Year 23.2% 10 Year 15 Year Since launch 17.3% Historical performance (Yearly) on absolute basis
Year Returns 2023 34.5% 2022 3% 2021 52.2% 2020 30.4% 2019 0.1% 2018 -18% 2017 33.5% 2016 5% 2015 14.9% 2014 71.9% Fund Manager information for SBI Magnum Mid Cap Fund
Name Since Tenure Sohini Andani 1 Jul 10 13.76 Yr. Mohit Jain 30 Nov 17 6.34 Yr. Data below for SBI Magnum Mid Cap Fund as on 31 Mar 24
Equity Sector Allocation
Sector Value Consumer Cyclical 27.97% Financial Services 16.42% Industrials 13.56% Basic Materials 9.66% Health Care 8.45% Real Estate 4.59% Utility 3.39% Consumer Defensive 3.14% Communication Services 2.12% Technology 1.95% Asset Allocation
Asset Class Value Cash 8.75% Equity 91.25% Top Securities Holdings / Portfolio
Name Holding Value Quantity CRISIL Ltd (Financial Services)
Equity, Since 30 Apr 21 | CRISIL4% ₹702 Cr 1,400,000 Sundaram Finance Ltd (Financial Services)
Equity, Since 30 Sep 22 | SUNDARMFIN4% ₹621 Cr 1,490,000 Torrent Power Ltd (Utilities)
Equity, Since 30 Jun 19 | 5327793% ₹557 Cr 5,169,750 Thermax Ltd (Industrials)
Equity, Since 31 Dec 13 | THERMAX3% ₹550 Cr 1,511,202 Indian Hotels Co Ltd (Consumer Cyclical)
Equity, Since 31 Oct 18 | 5008503% ₹509 Cr 8,682,397 Tube Investments of India Ltd Ordinary Shares (Industrials)
Equity, Since 31 Dec 20 | TIINDIA3% ₹488 Cr 1,400,000 Schaeffler India Ltd (Consumer Cyclical)
Equity, Since 28 Feb 14 | SCHAEFFLER3% ₹470 Cr 1,623,740 Coromandel International Ltd (Basic Materials)
Equity, Since 31 Jan 18 | 5063952% ₹377 Cr 3,500,000 Sona BLW Precision Forgings Ltd (Consumer Cyclical)
Equity, Since 30 Jun 21 | 5433002% ₹362 Cr 5,258,000 Max Healthcare Institute Ltd Ordinary Shares (Healthcare)
Equity, Since 30 Sep 21 | MAXHEALTH2% ₹357 Cr 4,500,000 5. BNP Paribas Mid Cap Fund
CAGR/Annualized return of 12.8% since its launch. Ranked 18 in Mid Cap category. Return for 2023 was 32.6% , 2022 was 4.7% and 2021 was 41.5% . BNP Paribas Mid Cap Fund
Growth Launch Date 2 May 06 NAV (24 Apr 24) ₹87.5909 ↑ 0.50 (0.57 %) Net Assets (Cr) ₹1,790 on 31 Mar 24 Category Equity - Mid Cap AMC BNP Paribas Asset Mgmt India Pvt. Ltd Rating ☆☆☆ Risk High Expense Ratio 2.19 Sharpe Ratio 3.34 Information Ratio -0.76 Alpha Ratio 3.57 Min Investment 5,000 Min SIP Investment 300 Exit Load 0-12 Months (1%),12 Months and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹8,113 31 Mar 21 ₹14,815 31 Mar 22 ₹18,380 31 Mar 23 ₹18,345 31 Mar 24 ₹26,942 Returns for BNP Paribas Mid Cap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 Apr 24 Duration Returns 1 Month 5.3% 3 Month 8.6% 6 Month 25% 1 Year 48.4% 3 Year 23.9% 5 Year 23% 10 Year 15 Year Since launch 12.8% Historical performance (Yearly) on absolute basis
Year Returns 2023 32.6% 2022 4.7% 2021 41.5% 2020 23.1% 2019 5.2% 2018 -17.5% 2017 49% 2016 -1.2% 2015 15.3% 2014 65.6% Fund Manager information for BNP Paribas Mid Cap Fund
Name Since Tenure Shiv Chanani 13 Jul 22 1.72 Yr. Miten Vora 1 Dec 22 1.33 Yr. Data below for BNP Paribas Mid Cap Fund as on 31 Mar 24
Equity Sector Allocation
Sector Value Consumer Cyclical 20.25% Financial Services 19.64% Industrials 14.26% Health Care 13.02% Technology 10.13% Basic Materials 7.4% Consumer Defensive 5% Utility 4.08% Real Estate 2.7% Asset Allocation
Asset Class Value Cash 2.99% Equity 96.47% Debt 0.54% Top Securities Holdings / Portfolio
Name Holding Value Quantity Indian Hotels Co Ltd (Consumer Cyclical)
Equity, Since 31 Oct 21 | 5008503% ₹59 Cr 1,000,000 PB Fintech Ltd (Financial Services)
Equity, Since 28 Feb 23 | 5433903% ₹58 Cr 500,000
↑ 75,000 NHPC Ltd (Utilities)
Equity, Since 31 Mar 22 | NHPC3% ₹53 Cr 6,000,000
↓ -300,000 Lupin Ltd (Healthcare)
Equity, Since 28 Feb 22 | 5002573% ₹52 Cr 320,000 Phoenix Mills Ltd (Real Estate)
Equity, Since 31 Oct 22 | 5031003% ₹48 Cr 175,000 Indian Bank (Financial Services)
Equity, Since 30 Jun 21 | 5328143% ₹47 Cr 900,000 Sundaram Finance Ltd (Financial Services)
Equity, Since 31 May 16 | SUNDARMFIN3% ₹46 Cr 110,000 TVS Motor Co Ltd (Consumer Cyclical)
Equity, Since 31 Jul 21 | 5323433% ₹45 Cr 210,000 Zydus Lifesciences Ltd (Healthcare)
Equity, Since 31 Mar 23 | 5323212% ₹45 Cr 475,000 Trent Ltd (Consumer Cyclical)
Equity, Since 31 Jan 19 | 5002512% ₹45 Cr 115,000 6. Kotak Emerging Equity Scheme
CAGR/Annualized return of 14.9% since its launch. Ranked 12 in Mid Cap category. Return for 2023 was 31.5% , 2022 was 5.1% and 2021 was 47.3% . Kotak Emerging Equity Scheme
Growth Launch Date 30 Mar 07 NAV (24 Apr 24) ₹107.263 ↑ 0.50 (0.46 %) Net Assets (Cr) ₹39,685 on 31 Mar 24 Category Equity - Mid Cap AMC Kotak Mahindra Asset Management Co Ltd Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.46 Sharpe Ratio 2.98 Information Ratio -1.02 Alpha Ratio 0.94 Min Investment 5,000 Min SIP Investment 1,000 Exit Load 0-2 Years (1%),2 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹7,592 31 Mar 21 ₹14,750 31 Mar 22 ₹18,353 31 Mar 23 ₹19,094 31 Mar 24 ₹26,343 Returns for Kotak Emerging Equity Scheme
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 Apr 24 Duration Returns 1 Month 5.5% 3 Month 7.5% 6 Month 19.4% 1 Year 41.5% 3 Year 23.5% 5 Year 22.8% 10 Year 15 Year Since launch 14.9% Historical performance (Yearly) on absolute basis
Year Returns 2023 31.5% 2022 5.1% 2021 47.3% 2020 21.9% 2019 8.9% 2018 -11.7% 2017 43% 2016 10.4% 2015 8.4% 2014 87.3% Fund Manager information for Kotak Emerging Equity Scheme
Name Since Tenure Atul Bhole 22 Jan 24 0.19 Yr. Arjun Khanna 30 Apr 22 1.92 Yr. Data below for Kotak Emerging Equity Scheme as on 31 Mar 24
Equity Sector Allocation
Sector Value Industrials 22.61% Consumer Cyclical 19.67% Basic Materials 18.11% Financial Services 14.41% Technology 8.74% Health Care 5.95% Energy 3.14% Real Estate 2.71% Consumer Defensive 1% Utility 0.73% Communication Services 0.25% Asset Allocation
Asset Class Value Cash 2.68% Equity 97.32% Top Securities Holdings / Portfolio
Name Holding Value Quantity Cummins India Ltd (Industrials)
Equity, Since 31 Oct 19 | 5004804% ₹1,606 Cr 5,863,399 Persistent Systems Ltd (Technology)
Equity, Since 31 Jul 13 | PERSISTENT4% ₹1,522 Cr 1,763,222
↓ -140,630 Supreme Industries Ltd (Industrials)
Equity, Since 28 Feb 15 | 5099304% ₹1,510 Cr 3,637,829
↓ -217,562 Solar Industries India Ltd (Basic Materials)
Equity, Since 31 Jul 11 | SOLARINDS3% ₹1,386 Cr 2,059,015 Bharat Electronics Ltd (Industrials)
Equity, Since 31 Dec 18 | BEL3% ₹1,130 Cr 55,087,745 Oberoi Realty Ltd (Real Estate)
Equity, Since 31 Mar 15 | OBEROIRLTY3% ₹1,077 Cr 8,010,973 Schaeffler India Ltd (Consumer Cyclical)
Equity, Since 31 Mar 14 | SCHAEFFLER3% ₹1,076 Cr 3,720,463 JK Cement Ltd (Basic Materials)
Equity, Since 31 Mar 20 | JKCEMENT3% ₹1,047 Cr 2,318,616 Thermax Ltd (Industrials)
Equity, Since 31 Mar 17 | THERMAX3% ₹1,033 Cr 2,838,890
↓ -227,825 PI Industries Ltd (Basic Materials)
Equity, Since 30 Apr 18 | PIIND2% ₹988 Cr 2,691,208 7. Invesco India Mid Cap Fund
CAGR/Annualized return of 16.5% since its launch. Ranked 38 in Mid Cap category. Return for 2023 was 34.1% , 2022 was 0.5% and 2021 was 43.1% . Invesco India Mid Cap Fund
Growth Launch Date 19 Apr 07 NAV (24 Apr 24) ₹134.54 ↑ 1.24 (0.93 %) Net Assets (Cr) ₹4,280 on 31 Mar 24 Category Equity - Mid Cap AMC Invesco Asset Management (India) Private Ltd Rating ☆☆ Risk Moderately High Expense Ratio 2.08 Sharpe Ratio 3.46 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹7,969 31 Mar 21 ₹14,043 31 Mar 22 ₹17,343 31 Mar 23 ₹17,319 31 Mar 24 ₹26,151 Returns for Invesco India Mid Cap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 Apr 24 Duration Returns 1 Month 7.9% 3 Month 9.3% 6 Month 27.9% 1 Year 52.5% 3 Year 26% 5 Year 22.6% 10 Year 15 Year Since launch 16.5% Historical performance (Yearly) on absolute basis
Year Returns 2023 34.1% 2022 0.5% 2021 43.1% 2020 24.4% 2019 3.8% 2018 -5.3% 2017 44.3% 2016 1.1% 2015 6.4% 2014 77% Fund Manager information for Invesco India Mid Cap Fund
Name Since Tenure Aditya Khemani 9 Nov 23 0.39 Yr. Amit Ganatra 1 Sep 23 0.58 Yr. Data below for Invesco India Mid Cap Fund as on 31 Mar 24
Equity Sector Allocation
Sector Value Consumer Cyclical 27.82% Financial Services 21.68% Industrials 14.51% Health Care 11.49% Technology 8.47% Real Estate 6.12% Basic Materials 5.02% Utility 1.98% Consumer Defensive 1.94% Asset Allocation
Asset Class Value Cash 0.96% Equity 99.04% Top Securities Holdings / Portfolio
Name Holding Value Quantity Trent Ltd (Consumer Cyclical)
Equity, Since 30 Apr 21 | 5002515% ₹212 Cr 546,046 Max Healthcare Institute Ltd Ordinary Shares (Healthcare)
Equity, Since 31 Dec 22 | MAXHEALTH4% ₹178 Cr 2,246,434 The Federal Bank Ltd (Financial Services)
Equity, Since 31 Oct 22 | FEDERALBNK4% ₹173 Cr 11,480,924
↑ 379,188 Cholamandalam Investment and Finance Co Ltd (Financial Services)
Equity, Since 31 Mar 21 | CHOLAFIN4% ₹167 Cr 1,537,576
↑ 155,753 L&T Finance Holdings Ltd (Financial Services)
Equity, Since 31 Dec 23 | L&TFH4% ₹165 Cr 9,883,840
↑ 204,597 Apollo Tyres Ltd (Consumer Cyclical)
Equity, Since 30 Nov 22 | 5008774% ₹151 Cr 2,903,958
↑ 251,465 Kalyan Jewellers India Ltd (Consumer Cyclical)
Equity, Since 31 Dec 23 | KALYANKJIL3% ₹143 Cr 3,611,063
↑ 810,796 Max Financial Services Ltd (Financial Services)
Equity, Since 30 Nov 23 | 5002713% ₹134 Cr 1,383,185
↑ 96,625 Prestige Estates Projects Ltd (Real Estate)
Equity, Since 30 Nov 23 | PRESTIGE3% ₹132 Cr 1,134,386
↑ 97,183 Mankind Pharma Ltd (Healthcare)
Equity, Since 30 Apr 23 | 5439043% ₹128 Cr 600,883 8. TATA Mid Cap Growth Fund
CAGR/Annualized return of 13% since its launch. Ranked 31 in Mid Cap category. Return for 2023 was 40.5% , 2022 was 0.6% and 2021 was 40% . TATA Mid Cap Growth Fund
Growth Launch Date 1 Jul 94 NAV (24 Apr 24) ₹383.332 ↑ 2.41 (0.63 %) Net Assets (Cr) ₹3,348 on 31 Mar 24 Category Equity - Mid Cap AMC Tata Asset Management Limited Rating ☆☆ Risk Moderately High Expense Ratio 2.15 Sharpe Ratio 3.26 Information Ratio -0.74 Alpha Ratio 3.31 Min Investment 5,000 Min SIP Investment 150 Exit Load 0-365 Days (1%),365 Days and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹7,657 31 Mar 21 ₹13,925 31 Mar 22 ₹17,104 31 Mar 23 ₹17,083 31 Mar 24 ₹25,900 Returns for TATA Mid Cap Growth Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 Apr 24 Duration Returns 1 Month 7.2% 3 Month 9.2% 6 Month 26.4% 1 Year 56.6% 3 Year 25.4% 5 Year 22.6% 10 Year 15 Year Since launch 13% Historical performance (Yearly) on absolute basis
Year Returns 2023 40.5% 2022 0.6% 2021 40% 2020 24.3% 2019 6.5% 2018 -13% 2017 49.8% 2016 -2.2% 2015 10.8% 2014 80% Fund Manager information for TATA Mid Cap Growth Fund
Name Since Tenure Satish Mishra 9 Mar 21 3.06 Yr. Data below for TATA Mid Cap Growth Fund as on 31 Mar 24
Equity Sector Allocation
Sector Value Industrials 34.49% Financial Services 16.97% Health Care 11.54% Basic Materials 9.77% Consumer Cyclical 9.08% Real Estate 6.54% Technology 4.02% Consumer Defensive 2.16% Energy 1.62% Communication Services 1.25% Utility 1.11% Asset Allocation
Asset Class Value Cash 1.44% Equity 98.56% Top Securities Holdings / Portfolio
Name Holding Value Quantity Thermax Ltd (Industrials)
Equity, Since 30 Apr 21 | THERMAX3% ₹108 Cr 296,518
↓ -35,351 Cummins India Ltd (Industrials)
Equity, Since 31 Mar 21 | 5004803% ₹104 Cr 380,000
↓ -70,000 Aurobindo Pharma Ltd (Healthcare)
Equity, Since 30 Jun 23 | AUROPHARMA3% ₹103 Cr 1,000,000 Bharat Heavy Electricals Ltd (Industrials)
Equity, Since 30 Sep 22 | 5001033% ₹96 Cr 4,200,000 PI Industries Ltd (Basic Materials)
Equity, Since 31 Dec 15 | PIIND3% ₹92 Cr 250,000 CreditAccess Grameen Ltd Ordinary Shares (Financial Services)
Equity, Since 30 Nov 22 | CREDITACC3% ₹88 Cr 600,000 Kajaria Ceramics Ltd (Industrials)
Equity, Since 30 Jun 22 | 5002333% ₹86 Cr 670,000
↑ 30,000 Bharat Electronics Ltd (Industrials)
Equity, Since 31 Jul 22 | BEL2% ₹82 Cr 4,000,000
↑ 500,000 Lupin Ltd (Healthcare)
Equity, Since 31 Dec 22 | 5002572% ₹81 Cr 500,000 Birlasoft Ltd (Technology)
Equity, Since 30 Jun 23 | BSOFT2% ₹81 Cr 1,040,228 9. UTI Mid Cap Fund
CAGR/Annualized return of 18.2% since its launch. Ranked 36 in Mid Cap category. Return for 2023 was 30.5% , 2022 was -0.8% and 2021 was 43.1% . UTI Mid Cap Fund
Growth Launch Date 7 Apr 04 NAV (24 Apr 24) ₹260.392 ↑ 2.05 (0.79 %) Net Assets (Cr) ₹9,944 on 31 Mar 24 Category Equity - Mid Cap AMC UTI Asset Management Company Ltd Rating ☆☆ Risk Moderately High Expense Ratio 2 Sharpe Ratio 2.61 Information Ratio -1.55 Alpha Ratio -4.31 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹7,523 31 Mar 21 ₹14,597 31 Mar 22 ₹17,900 31 Mar 23 ₹17,632 31 Mar 24 ₹24,816 Returns for UTI Mid Cap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 Apr 24 Duration Returns 1 Month 5.4% 3 Month 4.4% 6 Month 17.6% 1 Year 42.6% 3 Year 21.7% 5 Year 21.4% 10 Year 15 Year Since launch 18.2% Historical performance (Yearly) on absolute basis
Year Returns 2023 30.5% 2022 -0.8% 2021 43.1% 2020 32.7% 2019 -0.2% 2018 -14.9% 2017 42% 2016 3.5% 2015 6.6% 2014 90.4% Fund Manager information for UTI Mid Cap Fund
Name Since Tenure Ankit Agarwal 30 Aug 19 4.59 Yr. Data below for UTI Mid Cap Fund as on 31 Mar 24
Equity Sector Allocation
Sector Value Consumer Cyclical 19.72% Financial Services 18.63% Industrials 18.05% Technology 11.12% Health Care 10.05% Basic Materials 6.89% Utility 3.02% Real Estate 2.43% Energy 2.04% Consumer Defensive 1.96% Communication Services 1.84% Asset Allocation
Asset Class Value Cash 4.09% Equity 95.75% Debt 0.16% Top Securities Holdings / Portfolio
Name Holding Value Quantity Phoenix Mills Ltd (Real Estate)
Equity, Since 31 Jul 20 | 5031002% ₹245 Cr 886,028 Bharat Electronics Ltd (Industrials)
Equity, Since 30 Apr 22 | BEL2% ₹236 Cr 11,490,464 Coforge Ltd (Technology)
Equity, Since 30 Apr 21 | COFORGE2% ₹231 Cr 352,030 Persistent Systems Ltd (Technology)
Equity, Since 31 Jan 23 | PERSISTENT2% ₹229 Cr 265,096 The Federal Bank Ltd (Financial Services)
Equity, Since 30 Nov 10 | FEDERALBNK2% ₹227 Cr 15,092,781 Tube Investments of India Ltd Ordinary Shares (Industrials)
Equity, Since 30 Sep 17 | TIINDIA2% ₹222 Cr 635,509 Bharat Forge Ltd (Consumer Cyclical)
Equity, Since 31 Aug 13 | 5004932% ₹215 Cr 1,868,064
↑ 40,000 Shriram Finance Ltd (Financial Services)
Equity, Since 30 Apr 21 | SHRIRAMFIN2% ₹207 Cr 847,693 Oil India Ltd (Energy)
Equity, Since 31 Oct 23 | OIL2% ₹205 Cr 3,749,710
↓ -373,714 Alkem Laboratories Ltd (Healthcare)
Equity, Since 31 Jul 21 | ALKEM2% ₹202 Cr 394,405 10. ICICI Prudential MidCap Fund
CAGR/Annualized return of 18% since its launch. Ranked 35 in Mid Cap category. Return for 2023 was 32.8% , 2022 was 3.1% and 2021 was 44.8% . ICICI Prudential MidCap Fund
Growth Launch Date 28 Oct 04 NAV (24 Apr 24) ₹251.03 ↑ 1.91 (0.77 %) Net Assets (Cr) ₹5,517 on 31 Mar 24 Category Equity - Mid Cap AMC ICICI Prudential Asset Management Company Limited Rating ☆☆ Risk Moderately High Expense Ratio 2.11 Sharpe Ratio 2.7 Information Ratio -0.57 Alpha Ratio -2.49 Min Investment 5,000 Min SIP Investment 100 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹6,682 31 Mar 21 ₹13,158 31 Mar 22 ₹16,419 31 Mar 23 ₹16,309 31 Mar 24 ₹24,894 Returns for ICICI Prudential MidCap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 Apr 24 Duration Returns 1 Month 6.3% 3 Month 10% 6 Month 33.7% 1 Year 56.1% 3 Year 26.2% 5 Year 21.3% 10 Year 15 Year Since launch 18% Historical performance (Yearly) on absolute basis
Year Returns 2023 32.8% 2022 3.1% 2021 44.8% 2020 19.1% 2019 -0.6% 2018 -10.8% 2017 42.9% 2016 4.8% 2015 5.1% 2014 87% Fund Manager information for ICICI Prudential MidCap Fund
Name Since Tenure Lalit Kumar 1 Jul 22 1.75 Yr. Sharmila D’mello 31 Jul 22 1.67 Yr. Data below for ICICI Prudential MidCap Fund as on 31 Mar 24
Equity Sector Allocation
Sector Value Basic Materials 21.01% Industrials 16.67% Consumer Cyclical 14.33% Health Care 11.5% Real Estate 10.83% Energy 5.43% Communication Services 4.96% Financial Services 3.32% Utility 2.96% Technology 0.89% Asset Allocation
Asset Class Value Cash 8.06% Equity 91.94% Top Securities Holdings / Portfolio
Name Holding Value Quantity Hindustan Petroleum Corp Ltd (Energy)
Equity, Since 31 Aug 22 | HINDPETRO4% ₹228 Cr 4,469,276
↓ -197,597 Lupin Ltd (Healthcare)
Equity, Since 31 Aug 22 | 5002574% ₹227 Cr 1,400,000 Phoenix Mills Ltd (Real Estate)
Equity, Since 31 May 20 | 5031004% ₹195 Cr 706,691 Jindal Stainless Ltd (Basic Materials)
Equity, Since 31 Aug 22 | JSL3% ₹172 Cr 2,688,476 Jindal Steel & Power Ltd (Basic Materials)
Equity, Since 31 Jan 22 | 5322863% ₹169 Cr 2,179,227 TVS Motor Co Ltd (Consumer Cyclical)
Equity, Since 31 Oct 18 | 5323433% ₹150 Cr 699,955 ACC Ltd (Basic Materials)
Equity, Since 31 Aug 22 | 5004103% ₹146 Cr 557,062 AIA Engineering Ltd (Industrials)
Equity, Since 30 Nov 17 | AIAENG2% ₹133 Cr 364,667 APL Apollo Tubes Ltd (Basic Materials)
Equity, Since 30 Sep 22 | APLAPOLLO2% ₹133 Cr 857,934
↑ 189,772 Godrej Properties Ltd (Real Estate)
Equity, Since 30 Sep 22 | GODREJPROP2% ₹124 Cr 517,459 11. Axis Mid Cap Fund
CAGR/Annualized return of 18.5% since its launch. Ranked 41 in Mid Cap category. Return for 2023 was 29.6% , 2022 was -5.1% and 2021 was 39.9% . Axis Mid Cap Fund
Growth Launch Date 18 Feb 11 NAV (24 Apr 24) ₹93.88 ↑ 0.94 (1.01 %) Net Assets (Cr) ₹25,537 on 31 Mar 24 Category Equity - Mid Cap AMC Axis Asset Management Company Limited Rating ☆ Risk Moderately High Expense Ratio 1.74 Sharpe Ratio 2.83 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-12 Months (1%),12 Months and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹8,940 31 Mar 21 ₹14,997 31 Mar 22 ₹18,504 31 Mar 23 ₹17,666 31 Mar 24 ₹24,964 Returns for Axis Mid Cap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 Apr 24 Duration Returns 1 Month 5.7% 3 Month 9.3% 6 Month 22.9% 1 Year 42.5% 3 Year 20.2% 5 Year 20.9% 10 Year 15 Year Since launch 18.5% Historical performance (Yearly) on absolute basis
Year Returns 2023 29.6% 2022 -5.1% 2021 39.9% 2020 26% 2019 11.3% 2018 3.5% 2017 42% 2016 -3.1% 2015 0.8% 2014 76.5% Fund Manager information for Axis Mid Cap Fund
Name Since Tenure Shreyash Devalkar 23 Nov 16 7.36 Yr. Nitin Arora 3 Aug 23 0.66 Yr. Krishnaa N 1 Mar 24 0.08 Yr. Data below for Axis Mid Cap Fund as on 31 Mar 24
Equity Sector Allocation
Sector Value Consumer Cyclical 26.24% Industrials 20.22% Financial Services 13.88% Basic Materials 9.58% Health Care 9.27% Technology 6.56% Real Estate 3.22% Utility 2.03% Communication Services 1.57% Consumer Defensive 1.4% Energy 0.99% Asset Allocation
Asset Class Value Cash 5.05% Equity 94.95% Top Securities Holdings / Portfolio
Name Holding Value Quantity Trent Ltd (Consumer Cyclical)
Equity, Since 30 Nov 17 | 5002515% ₹1,192 Cr 3,071,564
↓ -562,991 Indian Hotels Co Ltd (Consumer Cyclical)
Equity, Since 31 Oct 20 | 5008504% ₹1,076 Cr 18,346,842
↓ -1,119,895 Persistent Systems Ltd (Technology)
Equity, Since 31 Mar 21 | PERSISTENT3% ₹833 Cr 964,833
↓ -235,602 Cholamandalam Investment and Finance Co Ltd (Financial Services)
Equity, Since 29 Feb 16 | CHOLAFIN3% ₹831 Cr 7,634,003 Supreme Industries Ltd (Industrials)
Equity, Since 31 Dec 16 | 5099303% ₹825 Cr 1,988,643
↓ -180,463 Cummins India Ltd (Industrials)
Equity, Since 28 Feb 21 | 5004803% ₹767 Cr 2,800,715 Sona BLW Precision Forgings Ltd (Consumer Cyclical)
Equity, Since 30 Jun 21 | 5433003% ₹697 Cr 10,106,515 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Sep 19 | ICICIBANK3% ₹677 Cr 6,430,763
↓ -476,987 Phoenix Mills Ltd (Real Estate)
Equity, Since 31 May 22 | 5031003% ₹635 Cr 2,299,152 Astral Ltd (Industrials)
Equity, Since 30 Nov 17 | ASTRAL2% ₹602 Cr 2,909,916
↓ -221,285
Parameters to Look at While Choosing Mid-Cap Funds
There are a few important qualitative and quantitative factors that investors have to look while choosing a right fund to invest in. The scheme or Mutual fund rating should be good to start. This needs to be supplemented with other data, such as AUM (Assets Under Management), fund age, past returns, expense ratio, etc. Furthermore, investors are advised to check last three years performance of a fund. A fund should have net assets of over INR 100 crores and also must have a minimum average allocation of more than 50 percent to mid-cap stocks over the past one year. Furthermore, investors should also check the expense ratio of funds, however, this should not supersede other more important factors such as fund performance.
Investors are advised to additionally check on other qualitative factors such as the fund manager’s track record and investment process. Identify fund houses that have a strong presence in the financial markets and provide funds that have a long and consistent track record. One must select the fund house on which you have faith to invest your money. One should also see how many of the funds are top performers. Having a large number of good performing funds would mean the overall strategy of the fund house is in good order.
How Invest in Mid Cap Funds Online?
Open Free Investment Account for Lifetime at Fincash.com.
Complete your Registration and KYC Process
Upload Documents (PAN, Aadhaar, etc.). And, You are Ready to Invest!
Conclusion
Going with mid-cap funds can be rewarding for one’s investment Portfolio considering the returns they can deliver. While investing in mid-cap mutual funds, it is advisable for investors to keep the exposure within the optimum levels because mid-caps are high-risk return funds.
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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