Table of Contents
- What are Mid-Cap Funds?
- Mid Cap Funds (Investing in Mid Cap Stocks)
- Benefits of Investing in Mid Cap Mutual Funds
- Difference Between Large Cap Funds, Mid Cap Funds and Small Cap Funds
- Who Should Invest in Mid Cap Equity Funds?
- Tax on Mid Cap Funds
- How to Invest in Mid Cap Funds Online?
- Best Mid Cap Mutual Funds in India 2024
- Conclusion
Top 10 Equity - Mid Cap Funds
Midcap Mutual Funds
What are Mid-Cap Funds?
Time and again investors are confused about Investing in mid-cap funds. Well, before investing, it’s important for an investor to have an in-depth knowledge about mid-cap funds.
Mid-cap funds invest in mid-sized companies. Stocks held in mid-cap funds are the companies that are still developing. These are mid-size corporates that lie between large and small cap stocks. They rank between the two extremes on all important parameters like company size, client base, revenues, team size, etc. Let's see mid-cap funds in detail.
Mid Cap Funds (Investing in Mid Cap Stocks)
There are various definitions of mid-caps funds in the Market, one could be companies with a market capitalization (MC= no of shares issued by the company X market price per share) of INR 500 Cr to INR 10,000 Cr. From a standpoint of the investor, the investing period of mid-cap funds should be much higher than large-caps due to the nature of the companies.
When an investor invests in mid caps for a long term, they prefer those companies that they think will be tomorrow's runway successes. Also, the more the investors in mid-cap stocks, the more it tends to grow in size. Since the price of large caps has increased, big investors like Mutual Funds and Foreign Institutional Investors (FIIS) are increasingly investing in mid-caps.
In fact, mid-cap stocks outperformed both large cap and small cap stocks in 2015, due to lower input cost, lower interest rates and improvement in Capital reduction. The BSE mid-cap and BSE small-cap index surged 7.43% & 6.76%, respectively, whereas, BSE Sensex fell 5.03% during the same period of time.
Moreover, companies that are small or mid-sized are flexible and can adapt changes faster. That is why such companies have more potential of higher growth. Some of the most emerging, mid-cap companies in India are- Blue Star Ltd., Bata India Ltd., City Union Bank, IDFC Ltd., PC Jeweller Ltd., etc.
Benefits of Investing in Mid Cap Mutual Funds
Some of the benefits of investing in mid-cap funds are:
- Companies that invest in mid-cap have more potential for growth than large-cap
- Mid-cap firms respond faster to new innovations and changes in the market as they tend to be more focused and specialised in their niche
- Mid-cap stocks are lower in Volatility than small cap stock
- They often tend to outperform large cap and Small cap funds.
Talk to our investment specialist
Difference Between Large Cap Funds, Mid Cap Funds and Small Cap Funds
In order to make a better investment decision in Equity Funds, one should understand the fundamental differences between these types equity funds, i.e.- large-, mid-, and small-cap funds:
Investments
Large cap invests in those companies that have the potential of showing year on year steady growth with high profits. Mid-cap funds invest in mid-sized companies. Investors who invest in mid-cap usually prefer those companies that are future’s runaway success. Whereas, small cap companies are generally younger companies or startups that have a lot of scopes to grow.
Market Capitalization
Large cap companies have a market capitalization of more than INR 1000 crore, while mid caps could be companies with a market cap of INR 500 Cr to INR 1000 Cr, and a market cap of the small cap could be less than INR 500 Cr.
Companies
Infosys, Unilever, Reliance Industries, Birla, etc., are a few well-known large cap companies in India. Some of the most emerging, i.e. mid-cap companies in India are Bata India Ltd, City Union Bank, PC Jeweller Ltd, etc. And some of the well-known small-cap companies in India are Indiabulls, Indian Overseas Bank, Just Dial, etc.
Risks
Mid cap and small cap funds are more volatile than Large cap funds. Large cap mutual funds tend to outperform both mid and small cap funds during the bull market.
Who Should Invest in Mid Cap Equity Funds?
Mid-cap funds have a high volatility. They carry more risk than large-cap funds. That’s why, an investor who can bear high-risk in their investment should only prefer investing in this fund. Also, at the end of the day returns also depends on your tenure. The longer you invest, the higher will be the returns.
Historically, mid-caps have shown to perform better than large-caps in a blooming market, but they can fall when the markets dip. Ideally, investors who want to invest in mid-caps or equities should take a SIP (Systematic Investment plan) route to bolster long term market return.
Once you begin investing monthly in a SIP for a longer period of time, your money starts growing every day (being invested in the stock market). Systematic Investment Plan helps you to average your purchase cost and maximise returns. When an investor invests regularly over a period, irrespective of the market conditions, he would get more units when the market is low & less units when the market is high. This averages out the purchase cost of your mutual fund units.
Tax on Mid Cap Funds
The short-term and long-term Capital Gains offered by mutual funds are taxed at different rates.
| Fund Type | Short-Term Capital Gains | Long-Term Capital Gains |
|---|---|---|
| Equity funds | 15% + cess + surcharge | Up to Rs. 1 lakh a year is tax-exempt. Any gains above Rs. 1 lakh are taxed at 10% + cess + surcharge |
How to 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!
Best Mid Cap Mutual Funds in India 2024
Top-performing Mid-cap Funds in India with AUM above 200 Cr are as follows:
Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2023 (%) Motilal Oswal Midcap 30 Fund Growth ₹106.724
↑ 0.75 ₹14,446 18.1 42.2 68.8 37.8 34.6 41.7 Edelweiss Mid Cap Fund Growth ₹100.385
↑ 0.53 ₹6,994 12.3 37.3 58.8 26.6 32.2 38.4 PGIM India Midcap Opportunities Fund Growth ₹65.87
↑ 0.14 ₹11,268 8.4 28.6 34.4 16 32.1 20.8 Invesco India Mid Cap Fund Growth ₹169.73
↑ 1.46 ₹5,438 13.6 39.8 57.4 26.1 30 34.1 SBI Magnum Mid Cap Fund Growth ₹246.868
↑ 1.65 ₹21,127 7.6 29.2 37.3 23.3 29.4 34.5 BNP Paribas Mid Cap Fund Growth ₹106.239
↑ 0.65 ₹2,174 9.5 31.4 47.5 22.3 28.8 32.6 UTI Mid Cap Fund Growth ₹324.155
↑ 1.78 ₹12,400 11.5 34.3 41.9 20.3 28.4 30.5 TATA Mid Cap Growth Fund Growth ₹455.929
↑ 2.83 ₹4,467 6.7 32.3 46.5 23.5 28.3 40.5 ICICI Prudential MidCap Fund Growth ₹297.94
↑ 2.01 ₹6,683 5.2 30.5 53.4 23.8 27.3 32.8 Sundaram Mid Cap Fund Growth ₹1,414.5
↑ 10.07 ₹12,465 12.8 34.1 55 25.8 27.1 40.4 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 13 Sep 24
(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 (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 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 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 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 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 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 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 (Erstwhile Sundaram Select Midcap Fund) To achieve capital appreciation by investing
in diversified stocks that are generally termed
as mid-caps. Sundaram Mid Cap Fund is a Equity - Mid Cap fund was launched on 30 Jul 02. It is a fund with Moderately High risk and has given a Below is the key information for Sundaram Mid Cap Fund Returns up to 1 year are on 1. Motilal Oswal Midcap 30 Fund
CAGR/Annualized return of 25.2% 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 (13 Sep 24) ₹106.724 ↑ 0.75 (0.71 %) Net Assets (Cr) ₹14,446 on 31 Jul 24 Category Equity - Mid Cap AMC Motilal Oswal Asset Management Co. Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 0.66 Sharpe Ratio 3.25 Information Ratio 1.18 Alpha Ratio 16.06 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 19 ₹10,000 31 Aug 20 ₹10,283 31 Aug 21 ₹16,564 31 Aug 22 ₹20,787 31 Aug 23 ₹26,281 31 Aug 24 ₹42,866 Returns for Motilal Oswal Midcap 30 Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 13 Sep 24 Duration Returns 1 Month 9.1% 3 Month 18.1% 6 Month 42.2% 1 Year 68.8% 3 Year 37.8% 5 Year 34.6% 10 Year 15 Year Since launch 25.2% 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 4.09 Yr. Rakesh Shetty 22 Nov 22 1.69 Yr. Sunil Sawant 1 Jul 24 0.08 Yr. Data below for Motilal Oswal Midcap 30 Fund as on 31 Jul 24
Equity Sector Allocation
Sector Value Technology 24.02% Industrials 22.62% Consumer Cyclical 16.87% Financial Services 7.62% Health Care 4.86% Basic Materials 4.39% Real Estate 2.94% Asset Allocation
Asset Class Value Cash 16.83% Equity 83.17% Top Securities Holdings / Portfolio
Name Holding Value Quantity Polycab India Ltd (Industrials)
Equity, Since 30 Sep 23 | POLYCAB10% ₹1,440 Cr 2,100,000
↑ 1,200,000 Persistent Systems Ltd (Technology)
Equity, Since 31 Jan 23 | PERSISTENT9% ₹1,329 Cr 2,750,000
↑ 32,243 Kalyan Jewellers India Ltd (Consumer Cyclical)
Equity, Since 29 Feb 24 | KALYANKJIL8% ₹1,115 Cr 19,250,000 Jio Financial Services Ltd (Financial Services)
Equity, Since 31 Aug 23 | 5439408% ₹1,100 Cr 33,500,000 Coforge Ltd (Technology)
Equity, Since 31 Mar 23 | COFORGE7% ₹946 Cr 1,500,000
↑ 350,000 Tube Investments of India Ltd Ordinary Shares (Industrials)
Equity, Since 31 Jul 20 | TIINDIA6% ₹890 Cr 2,150,000
↑ 55,138 Balkrishna Industries Ltd (Consumer Cyclical)
Equity, Since 28 Feb 23 | BALKRISIND5% ₹748 Cr 2,250,000
↑ 850,000 Dixon Technologies (India) Ltd (Technology)
Equity, Since 31 Mar 23 | DIXON4% ₹605 Cr 500,000
↑ 300,000 Zomato Ltd (Consumer Cyclical)
Equity, Since 30 Apr 23 | 5433204% ₹574 Cr 25,000,000
↓ -20,000,000 KPIT Technologies Ltd (Technology)
Equity, Since 31 Jan 23 | KPITTECH4% ₹553 Cr 3,000,000 2. Edelweiss Mid Cap Fund
CAGR/Annualized return of 14.8% 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 (13 Sep 24) ₹100.385 ↑ 0.53 (0.53 %) Net Assets (Cr) ₹6,994 on 31 Jul 24 Category Equity - Mid Cap AMC Edelweiss Asset Management Limited Rating ☆☆☆ Risk High Expense Ratio 1.86 Sharpe Ratio 3.09 Information Ratio -0.53 Alpha Ratio 4.7 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 19 ₹10,000 31 Aug 20 ₹11,242 31 Aug 21 ₹19,663 31 Aug 22 ₹21,608 31 Aug 23 ₹25,587 31 Aug 24 ₹40,718 Returns for Edelweiss Mid Cap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 13 Sep 24 Duration Returns 1 Month 6.8% 3 Month 12.3% 6 Month 37.3% 1 Year 58.8% 3 Year 26.6% 5 Year 32.2% 10 Year 15 Year Since launch 14.8% 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 2.83 Yr. Raj Koradia 1 Aug 24 0 Yr. Data below for Edelweiss Mid Cap Fund as on 31 Jul 24
Equity Sector Allocation
Sector Value Industrials 20.15% Financial Services 18.3% Consumer Cyclical 15.58% Technology 11.66% Health Care 10.6% Basic Materials 10.51% Real Estate 3.71% Consumer Defensive 2.28% Communication Services 2.05% Utility 1.95% Energy 1.57% Asset Allocation
Asset Class Value Cash 1.64% Equity 98.36% Top Securities Holdings / Portfolio
Name Holding Value Quantity Persistent Systems Ltd (Technology)
Equity, Since 31 Mar 21 | PERSISTENT4% ₹310 Cr 641,031
↑ 68,519 Dixon Technologies (India) Ltd (Technology)
Equity, Since 31 Jan 20 | DIXON4% ₹291 Cr 240,705 Trent Ltd (Consumer Cyclical)
Equity, Since 31 Jul 21 | 5002514% ₹248 Cr 424,534 Indian Bank (Financial Services)
Equity, Since 31 Jan 21 | 5328143% ₹201 Cr 3,298,021 Cummins India Ltd (Industrials)
Equity, Since 31 Dec 20 | 5004803% ₹199 Cr 517,473 Solar Industries India Ltd (Basic Materials)
Equity, Since 30 Sep 12 | SOLARINDS3% ₹183 Cr 169,704 The Federal Bank Ltd (Financial Services)
Equity, Since 31 Dec 18 | FEDERALBNK3% ₹178 Cr 8,845,346
↓ -792,511 PB Fintech Ltd (Financial Services)
Equity, Since 29 Feb 24 | 5433902% ₹158 Cr 1,084,888 JSW Energy Ltd (Utilities)
Equity, Since 30 Sep 23 | JSWENERGY2% ₹137 Cr 1,875,511
↓ -848,160 Voltas Ltd (Industrials)
Equity, Since 31 Dec 23 | VOLTAS2% ₹130 Cr 848,655 3. PGIM India Midcap Opportunities Fund
CAGR/Annualized return of 19.1% 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 (13 Sep 24) ₹65.87 ↑ 0.14 (0.21 %) Net Assets (Cr) ₹11,268 on 31 Jul 24 Category Equity - Mid Cap AMC Pramerica Asset Managers Private Limited Rating ☆ Risk High Expense Ratio 1.95 Sharpe Ratio 1.84 Information Ratio -1.76 Alpha Ratio -7.06 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 Aug 19 ₹10,000 31 Aug 20 ₹13,209 31 Aug 21 ₹25,364 31 Aug 22 ₹28,062 31 Aug 23 ₹30,243 31 Aug 24 ₹40,330 Returns for PGIM India Midcap Opportunities Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 13 Sep 24 Duration Returns 1 Month 6.7% 3 Month 8.4% 6 Month 28.6% 1 Year 34.4% 3 Year 16% 5 Year 32.1% 10 Year 15 Year Since launch 19.1% 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 1.33 Yr. Puneet Pal 16 Jul 22 2.04 Yr. Utsav Mehta 1 Nov 23 0.75 Yr. Vivek Sharma 15 Apr 24 0.29 Yr. Data below for PGIM India Midcap Opportunities Fund as on 31 Jul 24
Equity Sector Allocation
Sector Value Industrials 18.69% Consumer Cyclical 17.17% Financial Services 16.59% Technology 10.98% Health Care 10.35% Basic Materials 9.48% Consumer Defensive 4.03% Real Estate 3.21% Communication Services 2.84% Utility 2.32% Asset Allocation
Asset Class Value Cash 4.34% Equity 95.66% Top Securities Holdings / Portfolio
Name Holding Value Quantity Dixon Technologies (India) Ltd (Technology)
Equity, Since 30 Apr 23 | DIXON3% ₹353 Cr 291,565
↓ -31,068 Max Healthcare Institute Ltd Ordinary Shares (Healthcare)
Equity, Since 30 Nov 22 | MAXHEALTH3% ₹325 Cr 3,526,055 UNO Minda Ltd (Consumer Cyclical)
Equity, Since 30 Apr 23 | UNOMINDA3% ₹310 Cr 2,981,370 Persistent Systems Ltd (Technology)
Equity, Since 30 Nov 21 | PERSISTENT3% ₹295 Cr 609,968 Phoenix Mills Ltd (Real Estate)
Equity, Since 31 Jan 23 | 5031002% ₹265 Cr 735,487 Solar Industries India Ltd (Basic Materials)
Equity, Since 30 Apr 23 | SOLARINDS2% ₹255 Cr 236,523 Container Corporation of India Ltd (Industrials)
Equity, Since 31 Jan 22 | CONCOR2% ₹250 Cr 2,399,000 Info Edge (India) Ltd (Communication Services)
Equity, Since 30 Sep 23 | NAUKRI2% ₹235 Cr 333,827 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 23 | HDFCBANK2% ₹231 Cr 1,428,000 Cholamandalam Investment and Finance Co Ltd (Financial Services)
Equity, Since 31 Jan 22 | CHOLAFIN2% ₹229 Cr 1,618,695
↓ -454,395 4. Invesco India Mid Cap Fund
CAGR/Annualized return of 17.7% 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 (13 Sep 24) ₹169.73 ↑ 1.46 (0.87 %) Net Assets (Cr) ₹5,438 on 31 Jul 24 Category Equity - Mid Cap AMC Invesco Asset Management (India) Private Ltd Rating ☆☆ Risk Moderately High Expense Ratio 1.89 Sharpe Ratio 2.94 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 19 ₹10,000 31 Aug 20 ₹11,566 31 Aug 21 ₹18,240 31 Aug 22 ₹19,521 31 Aug 23 ₹23,759 31 Aug 24 ₹36,598 Returns for Invesco India Mid Cap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 13 Sep 24 Duration Returns 1 Month 9% 3 Month 13.6% 6 Month 39.8% 1 Year 57.4% 3 Year 26.1% 5 Year 30% 10 Year 15 Year Since launch 17.7% 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 0.73 Yr. Amit Ganatra 1 Sep 23 0.92 Yr. Data below for Invesco India Mid Cap Fund as on 31 Jul 24
Equity Sector Allocation
Sector Value Consumer Cyclical 27.46% Financial Services 19.54% Industrials 15.76% Health Care 11.95% Technology 8.38% Real Estate 7.38% Basic Materials 6.57% Consumer Defensive 1.7% Communication Services 0.93% Asset Allocation
Asset Class Value Cash 0.33% Equity 99.67% Top Securities Holdings / Portfolio
Name Holding Value Quantity Prestige Estates Projects Ltd (Real Estate)
Equity, Since 30 Nov 23 | PRESTIGE4% ₹230 Cr 1,265,829 Trent Ltd (Consumer Cyclical)
Equity, Since 30 Apr 21 | 5002514% ₹227 Cr 389,434
↓ -80,538 The Federal Bank Ltd (Financial Services)
Equity, Since 31 Oct 22 | FEDERALBNK4% ₹220 Cr 10,917,153
↓ -914,344 Cholamandalam Investment and Finance Co Ltd (Financial Services)
Equity, Since 31 Mar 21 | CHOLAFIN4% ₹213 Cr 1,500,886 Dixon Technologies (India) Ltd (Technology)
Equity, Since 28 Feb 22 | DIXON4% ₹212 Cr 174,798 Max Healthcare Institute Ltd Ordinary Shares (Healthcare)
Equity, Since 31 Dec 22 | MAXHEALTH4% ₹207 Cr 2,246,434 L&T Finance Ltd (Financial Services)
Equity, Since 31 Dec 23 | LTF4% ₹192 Cr 10,666,614 Kalyan Jewellers India Ltd (Consumer Cyclical)
Equity, Since 31 Dec 23 | KALYANKJIL3% ₹159 Cr 2,740,295
↓ -870,768 Coforge Ltd (Technology)
Equity, Since 31 Mar 22 | COFORGE3% ₹158 Cr 249,918 JK Cement Ltd (Basic Materials)
Equity, Since 31 Oct 22 | JKCEMENT3% ₹155 Cr 349,964 5. SBI Magnum Mid Cap Fund
CAGR/Annualized return of 17.9% 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 (13 Sep 24) ₹246.868 ↑ 1.65 (0.67 %) Net Assets (Cr) ₹21,127 on 31 Jul 24 Category Equity - Mid Cap AMC SBI Funds Management Private Limited Rating ☆☆☆ Risk Moderately High Expense Ratio 1.77 Sharpe Ratio 2.52 Information Ratio -0.69 Alpha Ratio -0.54 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 19 ₹10,000 31 Aug 20 ₹11,036 31 Aug 21 ₹19,453 31 Aug 22 ₹22,715 31 Aug 23 ₹26,794 31 Aug 24 ₹36,697 Returns for SBI Magnum Mid Cap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 13 Sep 24 Duration Returns 1 Month 6.2% 3 Month 7.6% 6 Month 29.2% 1 Year 37.3% 3 Year 23.3% 5 Year 29.4% 10 Year 15 Year Since launch 17.9% 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 Bhavin Vithlani 1 Apr 24 0.33 Yr. Pradeep Kesavan 1 Apr 24 0.33 Yr. Data below for SBI Magnum Mid Cap Fund as on 31 Jul 24
Equity Sector Allocation
Sector Value Consumer Cyclical 23.7% Financial Services 16.81% Industrials 16.45% Basic Materials 10.3% Health Care 9.03% Utility 4.57% Real Estate 4.38% Technology 3.81% Communication Services 2.54% Consumer Defensive 2.11% Asset Allocation
Asset Class Value Cash 6.12% Equity 93.88% Top Securities Holdings / Portfolio
Name Holding Value Quantity Torrent Power Ltd (Utilities)
Equity, Since 30 Jun 19 | 5327795% ₹965 Cr 5,169,750 CRISIL Ltd (Financial Services)
Equity, Since 30 Apr 21 | CRISIL3% ₹673 Cr 1,535,662
↑ 140,381 Carborundum Universal Ltd (Industrials)
Equity, Since 30 Apr 11 | CARBORUNIV3% ₹670 Cr 3,900,000 Sundaram Finance Ltd (Financial Services)
Equity, Since 30 Sep 22 | SUNDARMFIN3% ₹644 Cr 1,490,000 Voltas Ltd (Industrials)
Equity, Since 30 Apr 24 | VOLTAS3% ₹615 Cr 4,000,000 Thermax Ltd (Industrials)
Equity, Since 31 Dec 13 | THERMAX3% ₹609 Cr 1,200,000 Schaeffler India Ltd (Consumer Cyclical)
Equity, Since 28 Feb 14 | SCHAEFFLER3% ₹608 Cr 1,425,087
↓ -20,117 Coromandel International Ltd (Basic Materials)
Equity, Since 31 Jan 18 | 5063953% ₹582 Cr 3,500,000 The Federal Bank Ltd (Financial Services)
Equity, Since 31 Oct 12 | FEDERALBNK2% ₹526 Cr 26,100,108
↑ 14,017,600 K.P.R. Mill Ltd (Consumer Cyclical)
Equity, Since 31 Oct 22 | KPRMILL2% ₹522 Cr 6,000,000 6. BNP Paribas Mid Cap Fund
CAGR/Annualized return of 13.7% 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 (13 Sep 24) ₹106.239 ↑ 0.65 (0.61 %) Net Assets (Cr) ₹2,174 on 31 Jul 24 Category Equity - Mid Cap AMC BNP Paribas Asset Mgmt India Pvt. Ltd Rating ☆☆☆ Risk High Expense Ratio 2.07 Sharpe Ratio 3.14 Information Ratio -1.1 Alpha Ratio 4.25 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 Aug 19 ₹10,000 31 Aug 20 ₹11,394 31 Aug 21 ₹19,152 31 Aug 22 ₹20,057 31 Aug 23 ₹23,862 31 Aug 24 ₹35,539 Returns for BNP Paribas Mid Cap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 13 Sep 24 Duration Returns 1 Month 5.4% 3 Month 9.5% 6 Month 31.4% 1 Year 47.5% 3 Year 22.3% 5 Year 28.8% 10 Year 15 Year Since launch 13.7% 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 2.05 Yr. Miten Vora 1 Dec 22 1.67 Yr. Data below for BNP Paribas Mid Cap Fund as on 31 Jul 24
Equity Sector Allocation
Sector Value Financial Services 21.18% Consumer Cyclical 18.78% Industrials 14.17% Technology 11.64% Health Care 10.97% Basic Materials 10.1% Consumer Defensive 3.53% Real Estate 2.48% Communication Services 2.19% Energy 1.1% Asset Allocation
Asset Class Value Cash 3.49% Equity 96.51% Top Securities Holdings / Portfolio
Name Holding Value Quantity PB Fintech Ltd (Financial Services)
Equity, Since 28 Feb 23 | 5433903% ₹73 Cr 500,000 Hitachi Energy India Ltd Ordinary Shares (Technology)
Equity, Since 31 Dec 22 | POWERINDIA3% ₹68 Cr 58,287 Trent Ltd (Consumer Cyclical)
Equity, Since 31 Jan 19 | 5002513% ₹67 Cr 115,000 KPIT Technologies Ltd (Technology)
Equity, Since 31 Jan 23 | KPITTECH3% ₹61 Cr 330,000 Thermax Ltd (Industrials)
Equity, Since 31 Dec 19 | THERMAX3% ₹56 Cr 110,000 Phoenix Mills Ltd (Real Estate)
Equity, Since 31 Oct 22 | 5031002% ₹54 Cr 150,000 Indian Bank (Financial Services)
Equity, Since 30 Jun 21 | 5328142% ₹49 Cr 800,000 Indus Towers Ltd Ordinary Shares (Communication Services)
Equity, Since 30 Apr 24 | 5348162% ₹48 Cr 1,100,000 TVS Motor Co Ltd (Consumer Cyclical)
Equity, Since 31 Jul 21 | 5323432% ₹46 Cr 180,000
↓ -30,000 Coromandel International Ltd (Basic Materials)
Equity, Since 31 May 24 | 5063952% ₹45 Cr 270,000
↑ 110,000 7. UTI Mid Cap Fund
CAGR/Annualized return of 19.1% 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 (13 Sep 24) ₹324.155 ↑ 1.78 (0.55 %) Net Assets (Cr) ₹12,400 on 31 Jul 24 Category Equity - Mid Cap AMC UTI Asset Management Company Ltd Rating ☆☆ Risk Moderately High Expense Ratio 1.78 Sharpe Ratio 2.42 Information Ratio -1.62 Alpha Ratio -3.48 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 19 ₹10,000 31 Aug 20 ₹11,685 31 Aug 21 ₹19,811 31 Aug 22 ₹21,096 31 Aug 23 ₹24,869 31 Aug 24 ₹35,378 Returns for UTI Mid Cap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 13 Sep 24 Duration Returns 1 Month 6.1% 3 Month 11.5% 6 Month 34.3% 1 Year 41.9% 3 Year 20.3% 5 Year 28.4% 10 Year 15 Year Since launch 19.1% 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 4.92 Yr. Data below for UTI Mid Cap Fund as on 31 Jul 24
Equity Sector Allocation
Sector Value Consumer Cyclical 20.38% Industrials 18.77% Financial Services 17.86% Technology 10.77% Health Care 10.14% Basic Materials 8.82% Communication Services 2.96% Consumer Defensive 2.3% Utility 2.2% Real Estate 2.17% Energy 2.06% Asset Allocation
Asset Class Value Cash 1.43% Equity 98.44% Debt 0.13% Top Securities Holdings / Portfolio
Name Holding Value Quantity Bharat Forge Ltd (Consumer Cyclical)
Equity, Since 31 Aug 13 | 5004932% ₹281 Cr 1,620,419 Phoenix Mills Ltd (Real Estate)
Equity, Since 31 Jul 20 | 5031002% ₹269 Cr 748,769 Oil India Ltd (Energy)
Equity, Since 31 Oct 23 | OIL2% ₹255 Cr 4,422,231 Persistent Systems Ltd (Technology)
Equity, Since 31 Jan 23 | PERSISTENT2% ₹242 Cr 501,036 Tube Investments of India Ltd Ordinary Shares (Industrials)
Equity, Since 30 Sep 17 | TIINDIA2% ₹232 Cr 560,509
↑ 15,000 Coforge Ltd (Technology)
Equity, Since 30 Apr 21 | COFORGE2% ₹230 Cr 364,800 Voltas Ltd (Industrials)
Equity, Since 31 Dec 19 | VOLTAS2% ₹228 Cr 1,482,896 Alkem Laboratories Ltd (Healthcare)
Equity, Since 31 Jul 21 | ALKEM2% ₹221 Cr 416,587 PB Fintech Ltd (Financial Services)
Equity, Since 30 Nov 21 | 5433902% ₹218 Cr 1,501,859 Polycab India Ltd (Industrials)
Equity, Since 31 Dec 20 | POLYCAB2% ₹217 Cr 316,193
↑ 9,318 8. TATA Mid Cap Growth Fund
CAGR/Annualized return of 13.5% 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 (13 Sep 24) ₹455.929 ↑ 2.83 (0.63 %) Net Assets (Cr) ₹4,467 on 31 Jul 24 Category Equity - Mid Cap AMC Tata Asset Management Limited Rating ☆☆ Risk Moderately High Expense Ratio 2.15 Sharpe Ratio 3.24 Information Ratio -0.63 Alpha Ratio 4.93 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 Aug 19 ₹10,000 31 Aug 20 ₹10,921 31 Aug 21 ₹18,254 31 Aug 22 ₹19,191 31 Aug 23 ₹23,634 31 Aug 24 ₹34,669 Returns for TATA Mid Cap Growth Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 13 Sep 24 Duration Returns 1 Month 5.3% 3 Month 6.7% 6 Month 32.3% 1 Year 46.5% 3 Year 23.5% 5 Year 28.3% 10 Year 15 Year Since launch 13.5% 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 3.4 Yr. Data below for TATA Mid Cap Growth Fund as on 31 Jul 24
Equity Sector Allocation
Sector Value Industrials 31.31% Financial Services 19.2% Health Care 12.23% Consumer Cyclical 9.07% Basic Materials 8.11% Real Estate 5.61% Technology 4.56% Communication Services 3.01% Consumer Defensive 2.98% Utility 1.41% Energy 1.38% Asset Allocation
Asset Class Value Cash 1.13% Equity 98.87% Top Securities Holdings / Portfolio
Name Holding Value Quantity Aurobindo Pharma Ltd (Healthcare)
Equity, Since 30 Jun 23 | AUROPHARMA3% ₹143 Cr 1,000,000 Cummins India Ltd (Industrials)
Equity, Since 31 Mar 21 | 5004803% ₹142 Cr 369,694 Alkem Laboratories Ltd (Healthcare)
Equity, Since 31 Mar 21 | ALKEM3% ₹133 Cr 250,000 Muthoot Finance Ltd (Financial Services)
Equity, Since 30 Apr 24 | 5333983% ₹115 Cr 625,000
↑ 125,000 Max Financial Services Ltd (Financial Services)
Equity, Since 30 Nov 23 | 5002712% ₹111 Cr 1,000,000 PI Industries Ltd (Basic Materials)
Equity, Since 31 Dec 15 | PIIND2% ₹111 Cr 250,000 Thermax Ltd (Industrials)
Equity, Since 30 Apr 21 | THERMAX2% ₹110 Cr 217,412 JSW Infrastructure Ltd (Industrials)
Equity, Since 30 Sep 23 | 5439942% ₹105 Cr 3,100,000 UNO Minda Ltd (Consumer Cyclical)
Equity, Since 31 Mar 21 | UNOMINDA2% ₹104 Cr 1,000,000 AIA Engineering Ltd (Industrials)
Equity, Since 31 Oct 13 | AIAENG2% ₹102 Cr 220,000 9. ICICI Prudential MidCap Fund
CAGR/Annualized return of 18.6% 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 (13 Sep 24) ₹297.94 ↑ 2.01 (0.68 %) Net Assets (Cr) ₹6,683 on 31 Jul 24 Category Equity - Mid Cap AMC ICICI Prudential Asset Management Company Limited Rating ☆☆ Risk Moderately High Expense Ratio 2.11 Sharpe Ratio 2.83 Information Ratio -0.83 Alpha Ratio 2.15 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 19 ₹10,000 31 Aug 20 ₹10,606 31 Aug 21 ₹17,719 31 Aug 22 ₹19,022 31 Aug 23 ₹21,897 31 Aug 24 ₹33,827 Returns for ICICI Prudential MidCap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 13 Sep 24 Duration Returns 1 Month 5.7% 3 Month 5.2% 6 Month 30.5% 1 Year 53.4% 3 Year 23.8% 5 Year 27.3% 10 Year 15 Year Since launch 18.6% 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 2.09 Yr. Sharmila D’mello 31 Jul 22 2 Yr. Data below for ICICI Prudential MidCap Fund as on 31 Jul 24
Equity Sector Allocation
Sector Value Basic Materials 23.49% Industrials 21.29% Real Estate 11.91% Consumer Cyclical 10.95% Communication Services 10.65% Financial Services 9.12% Health Care 5.11% Utility 3.13% Energy 2.17% Technology 0.48% Asset Allocation
Asset Class Value Cash 1.66% Equity 98.34% Top Securities Holdings / Portfolio
Name Holding Value Quantity Info Edge (India) Ltd (Communication Services)
Equity, Since 30 Sep 23 | NAUKRI4% ₹238 Cr 338,825
↑ 70,973 Phoenix Mills Ltd (Real Estate)
Equity, Since 31 May 20 | 5031003% ₹220 Cr 611,491
↓ -50,000 Jindal Steel & Power Ltd (Basic Materials)
Equity, Since 31 Jan 22 | 5322863% ₹215 Cr 2,179,227 Godrej Properties Ltd (Real Estate)
Equity, Since 30 Sep 22 | GODREJPROP3% ₹215 Cr 667,459
↑ 150,000 Jindal Stainless Ltd (Basic Materials)
Equity, Since 31 Aug 22 | JSL3% ₹214 Cr 2,888,476 Prestige Estates Projects Ltd (Real Estate)
Equity, Since 30 Jun 23 | PRESTIGE3% ₹194 Cr 1,068,018 AIA Engineering Ltd (Industrials)
Equity, Since 30 Nov 17 | AIAENG3% ₹172 Cr 372,547 Balkrishna Industries Ltd (Consumer Cyclical)
Equity, Since 28 Feb 22 | BALKRISIND3% ₹172 Cr 517,803 Cummins India Ltd (Industrials)
Equity, Since 31 Oct 22 | 5004803% ₹171 Cr 444,068 Oberoi Realty Ltd (Real Estate)
Equity, Since 31 May 23 | OBEROIRLTY3% ₹167 Cr 899,376 10. Sundaram Mid Cap Fund
CAGR/Annualized return of 25.1% since its launch. Ranked 13 in Mid Cap category. Return for 2023 was 40.4% , 2022 was 4.8% and 2021 was 37.5% . Sundaram Mid Cap Fund
Growth Launch Date 30 Jul 02 NAV (13 Sep 24) ₹1,414.5 ↑ 10.07 (0.72 %) Net Assets (Cr) ₹12,465 on 31 Jul 24 Category Equity - Mid Cap AMC Sundaram Asset Management Company Ltd Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.8 Sharpe Ratio 3.27 Information Ratio -0.45 Alpha Ratio 5.8 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 19 ₹10,000 31 Aug 20 ₹10,159 31 Aug 21 ₹16,325 31 Aug 22 ₹17,818 31 Aug 23 ₹21,308 31 Aug 24 ₹32,920 Returns for Sundaram Mid Cap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 13 Sep 24 Duration Returns 1 Month 7.6% 3 Month 12.8% 6 Month 34.1% 1 Year 55% 3 Year 25.8% 5 Year 27.1% 10 Year 15 Year Since launch 25.1% Historical performance (Yearly) on absolute basis
Year Returns 2023 40.4% 2022 4.8% 2021 37.5% 2020 11.8% 2019 -0.3% 2018 -15.4% 2017 40.8% 2016 11.3% 2015 11.2% 2014 75% Fund Manager information for Sundaram Mid Cap Fund
Name Since Tenure S. Bharath 24 Feb 21 3.44 Yr. Ratish Varier 24 Feb 21 3.44 Yr. Data below for Sundaram Mid Cap Fund as on 31 Jul 24
Equity Sector Allocation
Sector Value Industrials 19.92% Financial Services 19.22% Consumer Cyclical 18.53% Health Care 10.8% Basic Materials 9.46% Technology 6.04% Utility 2.88% Consumer Defensive 2.63% Real Estate 2.32% Communication Services 1.77% Energy 1.4% Asset Allocation
Asset Class Value Cash 4.87% Equity 95.13% Other 0% Top Securities Holdings / Portfolio
Name Holding Value Quantity Kalyan Jewellers India Ltd (Consumer Cyclical)
Equity, Since 31 Mar 21 | KALYANKJIL4% ₹481 Cr 8,297,488
↓ -42,294 Cummins India Ltd (Industrials)
Equity, Since 31 Dec 17 | 5004804% ₹477 Cr 1,239,180 The Federal Bank Ltd (Financial Services)
Equity, Since 31 Dec 18 | FEDERALBNK3% ₹403 Cr 20,011,397 Tube Investments of India Ltd Ordinary Shares (Industrials)
Equity, Since 31 Jul 21 | TIINDIA3% ₹401 Cr 969,864
↑ 63,288 Trent Ltd (Consumer Cyclical)
Equity, Since 31 Dec 06 | 5002513% ₹365 Cr 624,330
↓ -29,797 Power Finance Corp Ltd (Financial Services)
Equity, Since 30 Apr 23 | 5328102% ₹305 Cr 5,470,000 Coromandel International Ltd (Basic Materials)
Equity, Since 30 Nov 10 | 5063952% ₹295 Cr 1,777,263 Indian Bank (Financial Services)
Equity, Since 31 Jul 23 | 5328142% ₹273 Cr 4,488,932
↑ 31,521 Lupin Ltd (Healthcare)
Equity, Since 31 Jan 23 | 5002572% ₹265 Cr 1,388,200 Oberoi Realty Ltd (Real Estate)
Equity, Since 31 Jan 22 | OBEROIRLTY2% ₹259 Cr 1,389,543
↓ -20,457
Conclusion
Mid-cap funds can be worth adding to your investment Portfolio. But, consider the returns that they can deliver. However, one thing you need to re-think on is— “Not every mid-cap can be tomorrow’s large cap."
So, choose your investment wisely!
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.
AMFI Registration No. 112358 | CIN: U74999MH2016PTC282153
Shepard Technologies Pvt. Ltd. (with ARN code 112358) makes no warranties or representations, express or implied, on products offered through the platform. It accepts no liability for any damages or losses, however caused, in connection with the use of, or on the reliance of its product or related services. Terms and conditions of the website are applicable.
©2024 Shepard Technologies Private Limited. All Rights Reserved