Best Mutual Funds:Mutual Fund can also be resorted to for investment. Whereas mid-cap funds have emerged as an important part of the portfolio of investors seeking higher returns. Many mid cap funds have given strong performance in the last three years with returns of more than 20%.
According to experts, the mid-cap segment has the potential to outperform the large-cap companies. Therefore, investing in mid cap funds can be helpful for better returns in the long run.
What is Best Mutual Funds as MID Cap
Generally, the company whose market capitalization or market value is from 2000 crores to 10000 crores, all those companies come in the mid cap category. A mid cap company is a rising player in its industry. Such companies have the potential to grow fast and become large caps in the future. Some mid cap companies grow very quickly.
Mid Cap Funds – Best Mutual Funds
However, investors should not rely on past performance of a fund as the basis of investment. Instead, they should look at fundamentals such as long-term track record and also consult a financial advisor. Today we are going to tell you about such top mid-cap funds.
Edelweiss Midcap Fund
The Direct Plan of Edelweiss Mid Cap Fund has given 21.13% returns since launch while the Regular Plan has given 12.05% returns. The scheme tracks NIFTY MIDCAP 150 Total Return Index.
Union Midcap Fund
The Direct Plan of Union Midcap Fund has given 52.12% returns since its launch in March 2020 while the Regular Plan has given 50.18% returns. This scheme tracks S&P BSE 150 Midcap Total Return Index.
Mirae Assets Midcap Fund
The direct plan of Mirae Asset Midcap Fund has given a return of 28.96% since its launch whereas the regular plan has given a return of 23.86%. The scheme tracks Nifty Midcap 150 Total Return Index.
Motilal Oswal Mid Cap Fund
The Direct Plan of Motilal Oswal Midcap Fund has given returns of 22.64% since launch while the Regular Plan has given returns of 21.14%. The scheme tracks NIFTY MIDCAP 150 Total Return Index.
Sundaram Mid Cap Fund
The Direct Plan of Sundaram Mid Cap Fund has given a return of 16.93% since its launch while the Regular Plan has given a return of 50.18%. The scheme tracks Nifty Midcap 150 Total Return Index.
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