Best Mid Cap Mutual Funds 2026

Updated on September 6, 2026 , 91197 views

Mid-caps have become one of the most preferred investment categories for Indian investors who want higher growth than large-caps but lower Volatility than small-cap.

Many mid-cap companies today were once tiny challengers — and a few years down the line, they often become India’s next large-cap or even giant-cap players. That’s exactly why mid cap funds attract investors with a long-term mindset.

Mid-caps = companies with strong fundamentals + high growth potential + ability to scale fast. When these firms are led by capable management and agile strategies, they often turn into tomorrow’s market leaders.

Institutional investors like Mutual Funds, pension funds, and FIIs actively chase mid-caps because this segment offers the perfect blend of growth + innovation + long-term wealth creation.

Why Should you Invest in Mid Cap Funds

Here’s why mid-cap funds deserve a spot in your long-term Portfolio -

1. Higher Wealth-Creation Potential

Historically, mid-cap funds have outperformed large-caps over long-term horizons (7–10 years+). Their ability to scale from mid-sized to large-sized companies is a powerful growth trigger.

2. Strike the Balance Between Stability & Growth

Mid-caps offer more stability than small-caps yet significantly better growth potential than large-caps.

3. Faster Response to Market & Innovation Cycles

Because mid-cap companies are more focused and nimble, they adapt quickly to:

✔ new business trends
✔ technology shifts
✔ customer behaviour changes

4. Better Performance in Bull Markets

When markets rally for long, mid-caps often lead the show — making them a strong cyclical bet.

5. Attractive Option for Long-Term Investors

Given enough time (5–7+ years), mid-caps have historically rewarded disciplined SIP investors with exceptional returns.

Ready to Invest?
Talk to our investment specialist

Advantages of Midcap funds

Mid-cap funds continue to perform well because:

They remain under-researched compared to large-caps, creating pricing inefficiencies.
Skilled fund managers can unlock hidden value by identifying strong businesses early.
India’s economic cycle and digital growth create opportunities for mid-sized companies to scale dramatically.
Many of India’s fastest-growing sectors — manufacturing, EVs, digital services, specialty chemicals, consumer brands — are dominated by mid-caps.

This makes mid-cap funds a strong long-term investment category.

Fund Selection Methodology used to find 11 funds

Category: Equity
Sub-category: Mid%20Cap
AUM Range: 200%20TO%2050000 Cr
Sorted On : 5-year return (high to low)
Tags: fcpro
No Of Funds: 11

Top 11 Best Mid Cap Mutual Funds to Invest in FY 26 - 27

Fund	NAV	Net Assets (Cr)	3 MO (%)	6 MO (%)	1 YR (%)	3 YR (%)	5 YR (%)	2024 (%)
Motilal Oswal Midcap 30 Fund Growth	₹104.567 ↑ 0.55	₹40,036	16.8	20.8	0.5	17.3	20.7	-12.1
Invesco India Mid Cap Fund Growth	₹198.84 ↑ 0.34	₹14,721	9.9	15.5	10.1	21.9	18.7	6.3
Edelweiss Mid Cap Fund Growth	₹109.575 ↑ 0.16	₹18,693	6.5	8.8	9.2	19.4	17.5	3.8
ICICI Prudential MidCap Fund Growth	₹345.8 ↑ 0.24	₹7,954	6.6	10.4	16.7	20.6	17.2	11.1
Sundaram Mid Cap Fund Growth	₹1,504.06 ↑ 4.21	₹14,504	7.1	8.9	8.8	17.3	16.3	4.1
BNP Paribas Mid Cap Fund Growth	₹111.986 ↑ 0.35	₹2,584	6	8.8	11.6	15.4	14.2	2.5
TATA Mid Cap Growth Fund Growth	₹462.643 ↑ 1.36	₹6,056	6.3	7.2	8	13.4	13.9	5.8
Aditya Birla Sun Life Midcap Fund Growth	₹854.01 ↓ -0.15	₹6,723	7.9	13	9.5	14.3	13.7	4.4
Franklin India Prima Fund Growth	₹2,833.28 ↑ 2.95	₹12,871	7.9	8.4	3.9	14.6	13.3	1.6
SBI Magnum Mid Cap Fund Growth	₹241.123 ↑ 0.27	₹24,354	5.1	6	5.9	9.7	13.1	0.4
IDBI Midcap Fund Growth	₹31.4222 ↑ 0.18	₹376	8.8	14.6	9.3	15.3	12.5	-1.2
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 8 Sep 26

Research Highlights & Commentary of 11 Funds showcased

Commentary	Motilal Oswal Midcap 30 Fund	Invesco India Mid Cap Fund	Edelweiss Mid Cap Fund	ICICI Prudential MidCap Fund	Sundaram Mid Cap Fund	BNP Paribas Mid Cap Fund	TATA Mid Cap Growth Fund	Aditya Birla Sun Life Midcap Fund	Franklin India Prima Fund	SBI Magnum Mid Cap Fund	IDBI Midcap Fund
Point 1	Highest AUM (₹40,036 Cr).	Upper mid AUM (₹14,721 Cr).	Upper mid AUM (₹18,693 Cr).	Lower mid AUM (₹7,954 Cr).	Upper mid AUM (₹14,504 Cr).	Bottom quartile AUM (₹2,584 Cr).	Bottom quartile AUM (₹6,056 Cr).	Lower mid AUM (₹6,723 Cr).	Lower mid AUM (₹12,871 Cr).	Top quartile AUM (₹24,354 Cr).	Bottom quartile AUM (₹376 Cr).
Point 2	Established history (12+ yrs).	Established history (19+ yrs).	Established history (18+ yrs).	Established history (21+ yrs).	Established history (24+ yrs).	Established history (20+ yrs).	Oldest track record among peers (32 yrs).	Established history (23+ yrs).	Established history (32+ yrs).	Established history (21+ yrs).	Established history (9+ yrs).
Point 3	Rating: 3★ (upper mid).	Rating: 2★ (bottom quartile).	Rating: 3★ (upper mid).	Rating: 2★ (bottom quartile).	Top rated.	Rating: 3★ (top quartile).	Rating: 2★ (lower mid).	Rating: 3★ (lower mid).	Rating: 3★ (lower mid).	Rating: 3★ (upper mid).	Not Rated.
Point 4	Risk profile: Moderately High.	Risk profile: Moderately High.	Risk profile: High.	Risk profile: Moderately High.	Risk profile: Moderately High.	Risk profile: High.	Risk profile: Moderately High.	Risk profile: Moderately High.	Risk profile: Moderately High.	Risk profile: Moderately High.	Risk profile: Moderately High.
Point 5	5Y return: 20.70% (top quartile).	5Y return: 18.68% (top quartile).	5Y return: 17.48% (upper mid).	5Y return: 17.23% (upper mid).	5Y return: 16.34% (upper mid).	5Y return: 14.17% (lower mid).	5Y return: 13.94% (lower mid).	5Y return: 13.71% (lower mid).	5Y return: 13.28% (bottom quartile).	5Y return: 13.07% (bottom quartile).	5Y return: 12.48% (bottom quartile).
Point 6	3Y return: 17.27% (upper mid).	3Y return: 21.90% (top quartile).	3Y return: 19.39% (upper mid).	3Y return: 20.59% (top quartile).	3Y return: 17.30% (upper mid).	3Y return: 15.41% (lower mid).	3Y return: 13.39% (bottom quartile).	3Y return: 14.26% (bottom quartile).	3Y return: 14.59% (lower mid).	3Y return: 9.71% (bottom quartile).	3Y return: 15.34% (lower mid).
Point 7	1Y return: 0.53% (bottom quartile).	1Y return: 10.05% (upper mid).	1Y return: 9.24% (lower mid).	1Y return: 16.75% (top quartile).	1Y return: 8.79% (lower mid).	1Y return: 11.62% (top quartile).	1Y return: 7.99% (lower mid).	1Y return: 9.53% (upper mid).	1Y return: 3.91% (bottom quartile).	1Y return: 5.92% (bottom quartile).	1Y return: 9.32% (upper mid).
Point 8	Alpha: -9.71 (bottom quartile).	Alpha: 0.00 (upper mid).	Alpha: 0.40 (upper mid).	Alpha: 4.57 (top quartile).	Alpha: 1.07 (upper mid).	Alpha: 2.17 (top quartile).	Alpha: -1.11 (lower mid).	Alpha: -1.60 (lower mid).	Alpha: -5.64 (bottom quartile).	Alpha: -3.62 (lower mid).	Alpha: -3.88 (bottom quartile).
Point 9	Sharpe: -0.24 (bottom quartile).	Sharpe: 0.29 (upper mid).	Sharpe: 0.27 (upper mid).	Sharpe: 0.48 (top quartile).	Sharpe: 0.31 (upper mid).	Sharpe: 0.38 (top quartile).	Sharpe: 0.19 (lower mid).	Sharpe: 0.17 (lower mid).	Sharpe: -0.06 (bottom quartile).	Sharpe: 0.06 (bottom quartile).	Sharpe: 0.06 (lower mid).
Point 10	Information ratio: 0.06 (upper mid).	Information ratio: 0.00 (upper mid).	Information ratio: 0.68 (top quartile).	Information ratio: 0.73 (top quartile).	Information ratio: 0.49 (upper mid).	Information ratio: -0.22 (lower mid).	Information ratio: -0.72 (bottom quartile).	Information ratio: -0.51 (bottom quartile).	Information ratio: -0.41 (lower mid).	Information ratio: -1.30 (bottom quartile).	Information ratio: -0.44 (lower mid).

Motilal Oswal Midcap 30 Fund

Highest AUM (₹40,036 Cr).
Established history (12+ yrs).
Rating: 3★ (upper mid).
Risk profile: Moderately High.
5Y return: 20.70% (top quartile).
3Y return: 17.27% (upper mid).
1Y return: 0.53% (bottom quartile).
Alpha: -9.71 (bottom quartile).
Sharpe: -0.24 (bottom quartile).
Information ratio: 0.06 (upper mid).

Invesco India Mid Cap Fund

Upper mid AUM (₹14,721 Cr).
Established history (19+ yrs).
Rating: 2★ (bottom quartile).
Risk profile: Moderately High.
5Y return: 18.68% (top quartile).
3Y return: 21.90% (top quartile).
1Y return: 10.05% (upper mid).
Alpha: 0.00 (upper mid).
Sharpe: 0.29 (upper mid).
Information ratio: 0.00 (upper mid).

Edelweiss Mid Cap Fund

Upper mid AUM (₹18,693 Cr).
Established history (18+ yrs).
Rating: 3★ (upper mid).
Risk profile: High.
5Y return: 17.48% (upper mid).
3Y return: 19.39% (upper mid).
1Y return: 9.24% (lower mid).
Alpha: 0.40 (upper mid).
Sharpe: 0.27 (upper mid).
Information ratio: 0.68 (top quartile).

ICICI Prudential MidCap Fund

Lower mid AUM (₹7,954 Cr).
Established history (21+ yrs).
Rating: 2★ (bottom quartile).
Risk profile: Moderately High.
5Y return: 17.23% (upper mid).
3Y return: 20.59% (top quartile).
1Y return: 16.75% (top quartile).
Alpha: 4.57 (top quartile).
Sharpe: 0.48 (top quartile).
Information ratio: 0.73 (top quartile).

Sundaram Mid Cap Fund

Upper mid AUM (₹14,504 Cr).
Established history (24+ yrs).
Top rated.
Risk profile: Moderately High.
5Y return: 16.34% (upper mid).
3Y return: 17.30% (upper mid).
1Y return: 8.79% (lower mid).
Alpha: 1.07 (upper mid).
Sharpe: 0.31 (upper mid).
Information ratio: 0.49 (upper mid).

BNP Paribas Mid Cap Fund

Bottom quartile AUM (₹2,584 Cr).
Established history (20+ yrs).
Rating: 3★ (top quartile).
Risk profile: High.
5Y return: 14.17% (lower mid).
3Y return: 15.41% (lower mid).
1Y return: 11.62% (top quartile).
Alpha: 2.17 (top quartile).
Sharpe: 0.38 (top quartile).
Information ratio: -0.22 (lower mid).

TATA Mid Cap Growth Fund

Bottom quartile AUM (₹6,056 Cr).
Oldest track record among peers (32 yrs).
Rating: 2★ (lower mid).
Risk profile: Moderately High.
5Y return: 13.94% (lower mid).
3Y return: 13.39% (bottom quartile).
1Y return: 7.99% (lower mid).
Alpha: -1.11 (lower mid).
Sharpe: 0.19 (lower mid).
Information ratio: -0.72 (bottom quartile).

Aditya Birla Sun Life Midcap Fund

Lower mid AUM (₹6,723 Cr).
Established history (23+ yrs).
Rating: 3★ (lower mid).
Risk profile: Moderately High.
5Y return: 13.71% (lower mid).
3Y return: 14.26% (bottom quartile).
1Y return: 9.53% (upper mid).
Alpha: -1.60 (lower mid).
Sharpe: 0.17 (lower mid).
Information ratio: -0.51 (bottom quartile).

Franklin India Prima Fund

Lower mid AUM (₹12,871 Cr).
Established history (32+ yrs).
Rating: 3★ (lower mid).
Risk profile: Moderately High.
5Y return: 13.28% (bottom quartile).
3Y return: 14.59% (lower mid).
1Y return: 3.91% (bottom quartile).
Alpha: -5.64 (bottom quartile).
Sharpe: -0.06 (bottom quartile).
Information ratio: -0.41 (lower mid).

SBI Magnum Mid Cap Fund

Top quartile AUM (₹24,354 Cr).
Established history (21+ yrs).
Rating: 3★ (upper mid).
Risk profile: Moderately High.
5Y return: 13.07% (bottom quartile).
3Y return: 9.71% (bottom quartile).
1Y return: 5.92% (bottom quartile).
Alpha: -3.62 (lower mid).
Sharpe: 0.06 (bottom quartile).
Information ratio: -1.30 (bottom quartile).

IDBI Midcap Fund

Bottom quartile AUM (₹376 Cr).
Established history (9+ yrs).
Not Rated.
Risk profile: Moderately High.
5Y return: 12.48% (bottom quartile).
3Y return: 15.34% (lower mid).
1Y return: 9.32% (upper mid).
Alpha: -3.88 (bottom quartile).
Sharpe: 0.06 (lower mid).
Information ratio: -0.44 (lower mid).

About the Fincash Research Team

At Fincash, our mission is to help investors make informed, confident decisions. With over 10 years in Mutual Fund distribution, our team blends deep industry expertise with a commitment to transparency, accuracy, and investor education.

Who We Are

AMFI Registration No.: 112358
MCA CIN: U74999MH2016PTC282153
Location: Thane, Maharashtra, India
Experience: 10+ years in Mutual Fund distribution

Our Expertise

Certified Mutual Fund Distributors with hands-on advisory experience.
Market analysts tracking performance, macro trends, and sectors.
Data specialists processing NAVs, allocations, and risk metrics from Morning Star.

Our Research Process

Data sourcing: SEBI-registered fund houses & verified third-party provider Morning Star
Screening: Returns, manager track record, expenses, sector mix, risk-adjusted metrics.
Expert review: Senior team members review every article and list for accuracy.
Updates: Regular refreshes so performance data reflects current market conditions.

Why Trust Us

Regulated & compliant: AMFI-registered and MCA-incorporated.
Investor-first: No pay-to-promote lists; suitability and performance drive coverage.
Education-focused: We simplify complex concepts for everyday investors.

Disclaimer

Content is for educational and informational purposes only and is not investment advice. Please consider your risk profile and consult a financial advisor before investing.

All the funds mentioned above are ideal, we are giving you detailed analysis of 5 funds.

1. Motilal Oswal Midcap 30 Fund

(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.

Research Highlights for Motilal Oswal Midcap 30 Fund

Highest AUM (₹40,036 Cr).
Established history (12+ yrs).
Rating: 3★ (upper mid).
Risk profile: Moderately High.
5Y return: 20.70% (top quartile).
3Y return: 17.27% (bottom quartile).
1Y return: 0.53% (bottom quartile).
Alpha: -9.71 (bottom quartile).
Sharpe: -0.24 (bottom quartile).
Information ratio: 0.06 (bottom quartile).
Higher exposure to Technology vs peer median.
Top bond sector: Cash Equivalent.
Equity-heavy allocation (~96%).
Largest holding Kalyan Jewellers India Ltd (~8.9%).

Below is the key information for Motilal Oswal Midcap 30 Fund

Motilal Oswal Midcap 30 Fund Growth
Launch Date	24 Feb 14
NAV (08 Sep 26)	₹104.567 ↑ 0.55 (0.52 %)
Net Assets (Cr)	₹40,036 on 31 Jul 26
Category	Equity - Mid Cap
AMC	Motilal Oswal Asset Management Co. Ltd
Rating	☆☆☆
Risk	Moderately High
Expense Ratio	1.56
Sharpe Ratio	-0.24
Information Ratio	0.06
Alpha Ratio	-9.71
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 Aug 21	₹10,000
31 Aug 22	₹12,549
31 Aug 23	₹15,866
31 Aug 24	₹25,879
31 Aug 25	₹25,890
31 Aug 26	₹27,113

Motilal Oswal Midcap 30 Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹505,644.
Net Profit of ₹205,644 Invest Now

Returns for Motilal Oswal Midcap 30 Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 8 Sep 26

Duration	Returns
1 Month	2.1%
3 Month	16.8%
6 Month	20.8%
1 Year	0.5%
3 Year	17.3%
5 Year	20.7%
10 Year
15 Year
Since launch	20.6%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	-12.1%
2023	57.1%
2022	41.7%
2021	10.7%
2020	55.8%
2019	9.3%
2018	9.7%
2017	-12.7%
2016	30.8%
2015	5.2%

Fund Manager information for Motilal Oswal Midcap 30 Fund

Name	Since	Tenure
Varun Sharma	21 Jan 26	0.53 Yr.
Swapnil Mayekar	18 Nov 25	0.7 Yr.
Ajay Khandelwal	1 Oct 24	1.83 Yr.
Ankit Agarwal	21 Jan 26	0.53 Yr.
Rakesh Shetty	22 Nov 22	3.69 Yr.

Data below for Motilal Oswal Midcap 30 Fund as on 31 Jul 26

Equity Sector Allocation

Sector	Value
Technology	28.34%
Financial Services	27.66%
Consumer Cyclical	17.34%
Industrials	13.7%
Real Estate	2.58%
Communication Services	2.55%
Health Care	2.2%
Energy	0.91%
Consumer Defensive	0.6%

Asset Allocation

Asset Class	Value
Cash	4.13%
Equity	95.87%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Kalyan Jewellers India Ltd (Consumer Cyclical) Equity, Since 29 Feb 24 \| KALYANKJIL	9%	₹3,553 Cr	58,000,000 ↓ -3,413,395
One97 Communications Ltd (Technology) Equity, Since 30 Sep 24 \| PAYTM	8%	₹3,237 Cr	24,100,476
Eternal Ltd (Consumer Cyclical) Equity, Since 31 Aug 25 \| ETERNAL	6%	₹2,552 Cr	84,386,866
Coforge Ltd (Technology) Equity, Since 31 Mar 23 \| COFORGE	6%	₹2,235 Cr	12,988,926 ↓ -2,464,386
Aditya Birla Capital Ltd (Financial Services) Equity, Since 30 Jun 25 \| ABCAPITAL	5%	₹2,082 Cr	51,500,000 ↓ -959,381
KEI Industries Ltd (Industrials) Equity, Since 30 Nov 24 \| KEI	5%	₹1,925 Cr	3,850,000 ↓ -20,834
Persistent Systems Ltd (Technology) Equity, Since 31 Jan 23 \| PERSISTENT	5%	₹1,901 Cr	3,425,000 ↓ -551,493
Billionbrains Garage Ventures Ltd (Financial Services) Equity, Since 31 Jan 26 \| GROWW	4%	₹1,635 Cr	84,095,094 ↓ -521,566
Shriram Finance Ltd (Financial Services) Equity, Since 31 Jan 26 \| SHRIRAMFIN	4%	₹1,500 Cr	14,328,296 ↑ 737,429
Dixon Technologies (India) Ltd (Technology) Equity, Since 31 Mar 23 \| DIXON	3%	₹1,395 Cr	992,735 ↓ -32,000

2. Invesco India Mid Cap Fund

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.

Research Highlights for Invesco India Mid Cap Fund

Lower mid AUM (₹14,721 Cr).
Established history (19+ yrs).
Rating: 2★ (bottom quartile).
Risk profile: Moderately High.
5Y return: 18.68% (upper mid).
3Y return: 21.90% (top quartile).
1Y return: 10.05% (upper mid).
Alpha: 0.00 (bottom quartile).
Sharpe: 0.29 (lower mid).
Information ratio: 0.00 (bottom quartile).
Top sector: Financial Services.
Top bond sector: Cash Equivalent.
Equity-heavy allocation (~97%).
Largest holding Prestige Estates Projects Ltd (~7.2%).

Below is the key information for Invesco India Mid Cap Fund

Invesco India Mid Cap Fund Growth
Launch Date	19 Apr 07
NAV (08 Sep 26)	₹198.84 ↑ 0.34 (0.17 %)
Net Assets (Cr)	₹14,721 on 31 Jul 26
Category	Equity - Mid Cap
AMC	Invesco Asset Management (India) Private Ltd
Rating	☆☆
Risk	Moderately High
Expense Ratio	1.82
Sharpe Ratio	0.29
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 Aug 21	₹10,000
31 Aug 22	₹10,702
31 Aug 23	₹13,026
31 Aug 24	₹20,065
31 Aug 25	₹21,554
31 Aug 26	₹24,732

Invesco India Mid Cap Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹481,656.
Net Profit of ₹181,656 Invest Now

Returns for Invesco India Mid Cap Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 8 Sep 26

Duration	Returns
1 Month	-0.6%
3 Month	9.9%
6 Month	15.5%
1 Year	10.1%
3 Year	21.9%
5 Year	18.7%
10 Year
15 Year
Since launch	16.7%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	6.3%
2023	43.1%
2022	34.1%
2021	0.5%
2020	43.1%
2019	24.4%
2018	3.8%
2017	-5.3%
2016	44.3%
2015	1.1%

Fund Manager information for Invesco India Mid Cap Fund

Name	Since	Tenure
Aditya Khemani	9 Nov 23	2.81 Yr.

Data below for Invesco India Mid Cap Fund as on 31 Jul 26

Equity Sector Allocation

Sector	Value
Financial Services	27%
Consumer Cyclical	20.7%
Health Care	19.76%
Industrials	12.86%
Real Estate	9.2%
Basic Materials	3.43%
Utility	2.23%
Technology	1.81%

Asset Allocation

Asset Class	Value
Cash	3.01%
Equity	96.99%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Prestige Estates Projects Ltd (Real Estate) Equity, Since 30 Nov 23 \| PRESTIGE	7%	₹1,054 Cr	6,519,974 ↑ 283,386
The Federal Bank Ltd (Financial Services) Equity, Since 31 Oct 22 \| FEDERALBNK	6%	₹945 Cr	26,323,800 ↑ 3,045,360
Max Healthcare Institute Ltd Ordinary Shares (Healthcare) Equity, Since 31 Dec 22 \| MAXHEALTH	6%	₹915 Cr	8,326,618 ↑ 3,085,574
Meesho Ltd (Consumer Cyclical) Equity, Since 30 Jun 26 \| MEESHO	5%	₹683 Cr	37,475,229 ↑ 5,504,815
Global Health Ltd (Healthcare) Equity, Since 30 Nov 23 \| MEDANTA	4%	₹643 Cr	4,577,395
AU Small Finance Bank Ltd (Financial Services) Equity, Since 31 Jul 25 \| 540611	4%	₹622 Cr	5,936,790
Eternal Ltd (Consumer Cyclical) Equity, Since 31 Aug 25 \| ETERNAL	4%	₹616 Cr	20,352,364 ↓ -200,000
IndusInd Bank Ltd (Financial Services) Equity, Since 31 Jan 26 \| INDUSINDBK	4%	₹598 Cr	5,906,941 ↑ 298,376
BSE Ltd (Financial Services) Equity, Since 31 Dec 23 \| BSE	4%	₹569 Cr	1,559,643 ↓ -249,878
L&T Finance Ltd (Financial Services) Equity, Since 31 Dec 23 \| 533519	4%	₹561 Cr	18,019,000 ↑ 1,164,027

3. Edelweiss Mid Cap Fund

(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.

Research Highlights for Edelweiss Mid Cap Fund

Upper mid AUM (₹18,693 Cr).
Established history (18+ yrs).
Rating: 3★ (lower mid).
Risk profile: High.
5Y return: 17.48% (lower mid).
3Y return: 19.39% (lower mid).
1Y return: 9.24% (lower mid).
Alpha: 0.40 (lower mid).
Sharpe: 0.27 (bottom quartile).
Information ratio: 0.68 (upper mid).
Top sector: Financial Services.
Top bond sector: Cash Equivalent.
Equity-heavy allocation (~97%).
Largest holding The Federal Bank Ltd (~4.0%).

Below is the key information for Edelweiss Mid Cap Fund

Edelweiss Mid Cap Fund Growth
Launch Date	26 Dec 07
NAV (08 Sep 26)	₹109.575 ↑ 0.16 (0.14 %)
Net Assets (Cr)	₹18,693 on 31 Jul 26
Category	Equity - Mid Cap
AMC	Edelweiss Asset Management Limited
Rating	☆☆☆
Risk	High
Expense Ratio	1.68
Sharpe Ratio	0.27
Information Ratio	0.68
Alpha Ratio	0.4
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 Aug 21	₹10,000
31 Aug 22	₹10,989
31 Aug 23	₹13,013
31 Aug 24	₹20,708
31 Aug 25	₹20,481
31 Aug 26	₹23,149

Edelweiss Mid Cap Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹470,047.
Net Profit of ₹170,047 Invest Now

Returns for Edelweiss Mid Cap Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 8 Sep 26

Duration	Returns
1 Month	-0.1%
3 Month	6.5%
6 Month	8.8%
1 Year	9.2%
3 Year	19.4%
5 Year	17.5%
10 Year
15 Year
Since launch	13.7%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	3.8%
2023	38.9%
2022	38.4%
2021	2.4%
2020	50.3%
2019	26.4%
2018	5.2%
2017	-15.7%
2016	52.3%
2015	2.5%

Fund Manager information for Edelweiss Mid Cap Fund

Name	Since	Tenure
Dhruv Bhatia	14 Oct 24	1.88 Yr.
Trideep Bhattacharya	1 Oct 21	4.92 Yr.
Mehul Dalmia	3 Aug 26	0.08 Yr.

Data below for Edelweiss Mid Cap Fund as on 31 Jul 26

Equity Sector Allocation

Sector	Value
Financial Services	28.05%
Consumer Cyclical	15.36%
Industrials	11.77%
Health Care	9.94%
Basic Materials	9.43%
Technology	7.21%
Consumer Defensive	4.53%
Real Estate	4.1%
Communication Services	2.65%
Utility	2.12%
Energy	1.58%

Asset Allocation

Asset Class	Value
Cash	3.26%
Equity	96.74%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
The Federal Bank Ltd (Financial Services) Equity, Since 31 Dec 18 \| FEDERALBNK	4%	₹747 Cr	20,823,817
BSE Ltd (Financial Services) Equity, Since 31 Mar 24 \| BSE	2%	₹436 Cr	1,196,328
Multi Commodity Exchange of India Ltd (Financial Services) Equity, Since 30 Apr 24 \| MCX	2%	₹423 Cr	1,571,687 ↑ 230,345
Marico Ltd (Consumer Defensive) Equity, Since 31 Oct 24 \| 531642	2%	₹409 Cr	4,701,724
Persistent Systems Ltd (Technology) Equity, Since 31 Mar 21 \| PERSISTENT	2%	₹402 Cr	724,918 ↑ 218,111
Fortis Healthcare Ltd (Healthcare) Equity, Since 30 Sep 23 \| 532843	2%	₹395 Cr	4,181,418
Coforge Ltd (Technology) Equity, Since 30 Jun 23 \| COFORGE	2%	₹375 Cr	2,179,829 ↑ 242,402
Solar Industries India Ltd (Basic Materials) Equity, Since 30 Sep 12 \| SOLARINDS	2%	₹375 Cr	203,930
IDFC First Bank Ltd (Financial Services) Equity, Since 31 Aug 25 \| IDFCFIRSTB	2%	₹336 Cr	39,695,054
Radico Khaitan Ltd (Consumer Defensive) Equity, Since 31 Jul 23 \| RADICO	2%	₹329 Cr	757,467

4. ICICI Prudential MidCap Fund

To generate capital appreciation by actively investing in diversified mid cap stocks.

Research Highlights for ICICI Prudential MidCap Fund

Bottom quartile AUM (₹7,954 Cr).
Established history (21+ yrs).
Rating: 2★ (bottom quartile).
Risk profile: Moderately High.
5Y return: 17.23% (bottom quartile).
3Y return: 20.59% (upper mid).
1Y return: 16.75% (top quartile).
Alpha: 4.57 (top quartile).
Sharpe: 0.48 (top quartile).
Information ratio: 0.73 (top quartile).
Higher exposure to Basic Materials vs peer median.
Top bond sector: Cash Equivalent.
Equity-heavy allocation (~98%).
Largest holding Apar Industries Ltd (~4.9%).

Below is the key information for ICICI Prudential MidCap Fund

ICICI Prudential MidCap Fund Growth
Launch Date	28 Oct 04
NAV (08 Sep 26)	₹345.8 ↑ 0.24 (0.07 %)
Net Assets (Cr)	₹7,954 on 31 Jul 26
Category	Equity - Mid Cap
AMC	ICICI Prudential Asset Management Company Limited
Rating	☆☆
Risk	Moderately High
Expense Ratio	1.88
Sharpe Ratio	0.48
Information Ratio	0.73
Alpha Ratio	4.57
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 Aug 21	₹10,000
31 Aug 22	₹10,736
31 Aug 23	₹12,358
31 Aug 24	₹19,091
31 Aug 25	₹18,740
31 Aug 26	₹22,897

ICICI Prudential MidCap Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹470,047.
Net Profit of ₹170,047 Invest Now

Returns for ICICI Prudential MidCap Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 8 Sep 26

Duration	Returns
1 Month	0.5%
3 Month	6.6%
6 Month	10.4%
1 Year	16.7%
3 Year	20.6%
5 Year	17.2%
10 Year
15 Year
Since launch	17.6%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	11.1%
2023	27%
2022	32.8%
2021	3.1%
2020	44.8%
2019	19.1%
2018	-0.6%
2017	-10.8%
2016	42.9%
2015	4.8%

Fund Manager information for ICICI Prudential MidCap Fund

Name	Since	Tenure
Lalit Kumar	1 Jul 22	4.09 Yr.
Sharmila D’mello	31 Jul 22	4.01 Yr.

Data below for ICICI Prudential MidCap Fund as on 31 Jul 26

Equity Sector Allocation

Sector	Value
Basic Materials	24.58%
Industrials	23.53%
Financial Services	20.96%
Consumer Cyclical	13.93%
Real Estate	5.88%
Energy	4.77%
Communication Services	1.52%
Health Care	1.49%
Technology	1.28%
Utility	0.01%

Asset Allocation

Asset Class	Value
Cash	2.05%
Equity	97.95%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Apar Industries Ltd (Industrials) Equity, Since 31 Jan 25 \| APARINDS	5%	₹393 Cr	273,711
Hindustan Petroleum Corp Ltd (Energy) Equity, Since 31 Mar 26 \| HINDPETRO	5%	₹380 Cr	9,739,597 ↑ 2,455,858
BSE Ltd (Financial Services) Equity, Since 30 Apr 24 \| BSE	5%	₹369 Cr	1,011,840
Multi Commodity Exchange of India Ltd (Financial Services) Equity, Since 30 Apr 24 \| MCX	4%	₹345 Cr	1,279,860 ↑ 40,000
Jindal Steel Ltd (Basic Materials) Equity, Since 31 Jan 22 \| 532286	4%	₹307 Cr	2,786,470
APL Apollo Tubes Ltd (Basic Materials) Equity, Since 30 Sep 22 \| APLAPOLLO	3%	₹262 Cr	1,437,425
Bharat Forge Ltd (Consumer Cyclical) Equity, Since 31 May 23 \| 500493	3%	₹258 Cr	1,174,895
Muthoot Finance Ltd (Financial Services) Equity, Since 30 Nov 23 \| 533398	3%	₹257 Cr	824,501
Prestige Estates Projects Ltd (Real Estate) Equity, Since 30 Jun 23 \| PRESTIGE	3%	₹229 Cr	1,418,018
Jindal Stainless Ltd (Basic Materials) Equity, Since 31 Aug 22 \| JSL	3%	₹228 Cr	3,106,731

5. Sundaram Mid Cap Fund

(Erstwhile Sundaram Select Midcap Fund)

To achieve capital appreciation by investing in diversified stocks that are generally termed as mid-caps.

Research Highlights for Sundaram Mid Cap Fund

Bottom quartile AUM (₹14,504 Cr).
Oldest track record among peers (24 yrs).
Top rated.
Risk profile: Moderately High.
5Y return: 16.34% (bottom quartile).
3Y return: 17.30% (bottom quartile).
1Y return: 8.79% (bottom quartile).
Alpha: 1.07 (upper mid).
Sharpe: 0.31 (upper mid).
Information ratio: 0.49 (lower mid).
Top sector: Financial Services.
Top bond sector: Cash Equivalent.
Equity-heavy allocation (~96%).
High-quality debt (AAA/AA ~100%).
Largest holding Mahindra & Mahindra Financial Services Ltd (~3.1%).

Below is the key information for Sundaram Mid Cap Fund

Sundaram Mid Cap Fund Growth
Launch Date	30 Jul 02
NAV (08 Sep 26)	₹1,504.06 ↑ 4.21 (0.28 %)
Net Assets (Cr)	₹14,504 on 31 Jul 26
Category	Equity - Mid Cap
AMC	Sundaram Asset Management Company Ltd
Rating	☆☆☆☆
Risk	Moderately High
Expense Ratio	1.75
Sharpe Ratio	0.31
Information Ratio	0.49
Alpha Ratio	1.07
Min Investment	5,000
Min SIP Investment	100
Exit Load	0-12 Months (1%),12 Months and above(NIL)

Growth of 10,000 investment over the years.

Date	Value
31 Aug 21	₹10,000
31 Aug 22	₹10,915
31 Aug 23	₹13,052
31 Aug 24	₹20,165
31 Aug 25	₹19,817
31 Aug 26	₹22,274

Sundaram Mid Cap Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹458,689.
Net Profit of ₹158,689 Invest Now

Returns for Sundaram Mid Cap Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 8 Sep 26

Duration	Returns
1 Month	-1.6%
3 Month	7.1%
6 Month	8.9%
1 Year	8.8%
3 Year	17.3%
5 Year	16.3%
10 Year
15 Year
Since launch	23.1%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	4.1%
2023	32%
2022	40.4%
2021	4.8%
2020	37.5%
2019	11.8%
2018	-0.3%
2017	-15.4%
2016	40.8%
2015	11.3%

Fund Manager information for Sundaram Mid Cap Fund

Name	Since	Tenure
S. Bharath	24 Feb 21	5.44 Yr.
Shalav Saket	31 Dec 25	0.58 Yr.

Data below for Sundaram Mid Cap Fund as on 31 Jul 26

Equity Sector Allocation

Sector	Value
Financial Services	23.54%
Industrials	17.38%
Consumer Cyclical	16.33%
Health Care	10.47%
Basic Materials	8.37%
Technology	8.01%
Consumer Defensive	3.96%
Real Estate	2.85%
Utility	2.21%
Communication Services	1.35%
Energy	1.26%

Asset Allocation

Asset Class	Value
Cash	4.17%
Equity	95.74%
Debt	0.07%
Other	0%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Mahindra & Mahindra Financial Services Ltd (Financial Services) Equity, Since 31 Jan 24 \| M&MFIN	3%	₹451 Cr	11,700,000
Cummins India Ltd (Industrials) Equity, Since 31 Dec 17 \| 500480	3%	₹398 Cr	722,000 ↓ -28,000
Kalyan Jewellers India Ltd (Consumer Cyclical) Equity, Since 31 Mar 21 \| KALYANKJIL	3%	₹395 Cr	6,450,835 ↓ -50,000
The Federal Bank Ltd (Financial Services) Equity, Since 31 Dec 18 \| FEDERALBNK	3%	₹393 Cr	10,962,188
Coromandel International Ltd (Basic Materials) Equity, Since 30 Nov 10 \| 506395	2%	₹360 Cr	1,735,153 ↑ 21,000
BSE Ltd (Financial Services) Equity, Since 31 May 24 \| BSE	2%	₹345 Cr	945,165
IDFC First Bank Ltd (Financial Services) Equity, Since 30 Jun 25 \| IDFCFIRSTB	2%	₹324 Cr	38,278,844
GE Vernova T&D India Ltd (Industrials) Equity, Since 30 Sep 24 \| 522275	2%	₹303 Cr	700,000 ↓ -125,000
Coforge Ltd (Technology) Equity, Since 31 May 23 \| COFORGE	2%	₹293 Cr	1,705,000
Marico Ltd (Consumer Defensive) Equity, Since 30 Jun 24 \| 531642	2%	₹287 Cr	3,300,000

Parameters to Look at While Choosing Mid-Cap Funds

Choosing a mid-cap fund should involve both data-based analysis and qualitative assessment -

Quantitative Factors

Higher AUM

A healthy AUM indicates investor confidence and ensures the fund can manage buy/sell flows without impacting performance. Funds with very small AUM may face liquidity issues during volatile markets.

Minimum 5+ year track record

A fund with at least 5 years of history shows how it performed across different market cycles. This helps you judge whether the fund can deliver consistent returns, not just short-term spikes.

Consistent 3-year, 5-year, and 7-year performance

Look for funds that perform well across all periods, not just one good year. Steady returns over longer horizons indicate strong stock selection and a robust strategy.

Low-to-reasonable expense ratio

A lower expense ratio means more of your returns stay with you. However, don’t choose funds only on cost — a slightly higher fee is fine if the performance is stronger.

Portfolio allocation: 65–75% in mid-caps

A true mid-cap fund should hold the majority of its portfolio in mid-cap stocks. This ensures the fund aligns with the risk–reward profile you expect from this category.

Rolling returns & downside protection data

Rolling returns reveal how the fund performed at different entry points, giving a truer picture than point-to-point returns. Downside protection shows how well the fund manages losses during market corrections.

Volatility metrics: Standard deviation, Sharpe ratio

Lower standard deviation means smoother performance, while a higher Sharpe ratio means better risk-adjusted returns. Together, these metrics help you judge stability and efficiency.

Qualitative Factors

Strong fund manager reputation

The fund manager’s experience, track record, and decision-making style directly influence performance. A skilled manager can identify strong mid-cap opportunities early.

Stable and disciplined investment process

Funds with a clear, consistent process avoid emotional or trend-based Investing. A disciplined approach helps maintain long-term performance even during market noise.

Fund house’s track record in equity investing

Choose fund houses known for strong research teams and a history of delivering top-performing Equity Funds. A strong AMC usually follows better governance and risk management.

Consistency of performance across market cycles

The best funds don’t just shine in bull markets — they also protect capital during downturns. Look for schemes that perform steadily across rising, falling, and sideways markets.

Pro Tip - Always check rolling returns instead of point-to-point returns. Rolling returns show how a fund performed across different time frames and market cycles.

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!

Get Started

Conclusion

Mid-cap mutual funds are a powerful wealth-creation tool for long-term investors. They offer faster growth potential than large-caps and more stability than small-caps — making them an ideal choice for investors who can stay invested for 5–7+ years.

While the rewards are high, mid-caps also come with volatility. So keep your allocation balanced, diversify across categories, and invest through SIPs to smooth out market fluctuations. In the long run, the right mid-cap fund can significantly accelerate your journey toward financial freedom.

FAQs

1. Are mid cap mutual funds good for long-term investment?

A: Yes. Mid-cap funds are ideal for long-term (5–7+ years) investors seeking higher growth than large-caps.

2. How risky are mid cap mutual funds?

A: They carry medium-to-high risk. Mid-caps are more volatile than large-caps but more stable than small-caps.

3. Can beginners invest in mid cap funds?

A: Beginners can invest through SIPs, which reduce volatility and average out market fluctuations.

4. Which is better: mid cap or small cap mutual funds?

A: Mid-caps offer a balance of risk + growth, while small-caps are higher risk but higher potential. Mid-caps suit more investors.

Disclaimer:
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.