Greatest-performing mid-cap mutual funds in 10 years: As many as 11 mid-cap funds have given 19% to 21% annualised returns in 10 years beneath their respective direct plans, in response to information on the web site of the Affiliation of Mutual Funds in India (AMFI) on the time of writing (Could 23, 2023). Whereas two top-performing mid-cap funds have given a return of over 21% beneath their direct plans in 10 years, 9 schemes have given over 19% to twenty% returns.
The SIP calculator reveals {that a} month-to-month funding of Rs 25,000 in any of those funds would have grown to round Rs 89 lakh at 19% CAGR. The SIP returns from the 2 top-performing schemes would have been round Rs 1 crore in 10 years at 21% CAGR. Following is the checklist of 11 top-performing mid-cap funds in 10 years
Edelweiss Mid Cap Fund
The direct plan of Edelweiss Mid Cap Fund has given a return of 21.59% whereas the common plan has given a return of 20.11% in 10 years. The scheme tracks NIFTY Midcap 150 Whole Return Index, which has given a return of 18.5% in 10 years.
Kotak Rising Fairness Fund
The direct plan of Kotak Rising Fairness Fund has given a return of 21.56% whereas the common plan has given a return of 20.10% in 10 years. The scheme tracks NIFTY Midcap 150 Whole Return Index, which has given a return of 18.5% in 10 years.
Additionally Learn: Greatest Giant Cap Funds in 10 years: 11 schemes with 14% to 16.6% annual SIP returns (Could 2023)
HDFC Mid-Cap Alternatives Fund
The direct plan of HDFC Mid-Cap Alternatives Fund has given a return of 20.56% whereas the common plan has given a return of 19.60% in 10 years. The scheme tracks NIFTY Midcap 150 Whole Return Index, which has given a return of 18.5% in 10 years.
SBI Magnum Midcap Fund
The direct plan of SBI Magnum Midcap Fund has given a return of 20.56% whereas the common plan has given a return of 19.44% in 10 years. The scheme tracks NIFTY Midcap 150 Whole Return Index, which has given a return of 18.5% in 10 years.
Invesco India Mid Cap Fund
The direct plan of Invesco India Mid Cap Fund has given a return of 20.67% whereas the common plan has given a return of 18.82% in 10 years. The scheme tracks S&P BSE 150 MidCap Whole Return Index, which has given a return of 18.28% in 10 years.
Tata Midcap Development Fund
The direct plan of Tata Midcap Development Fund has given a return of 20.02% whereas the common plan has given a return of 18.82% in 10 years. The scheme tracks NIFTY Midcap 150 Whole Return Index, which has given a return of 18.5% in 10 years.
UTI Mid Cap Fund
The direct plan of UTI Mid Cap Fund has given a return of 21.56% whereas the common plan has given a return of 19.92% in 10 years. The scheme tracks NIFTY Midcap 150 Whole Return Index, which has given a return of 18.89% in 10 years.
Axis Midcap Fund
The direct plan of Axis Midcap Fund has given a return of 19.90% whereas the common plan has given a return of 18.40% in 10 years. The scheme tracks S&P BSE 150 MidCap Whole Return Index, which has given a return of 18.28% in 10 years.
Additionally Learn: Greatest Small Cap Funds in 10 years: High 10 schemes with 16% to 27% SIP returns (Could 2023)
Baroda BNP Paribas Midcap Fund
The direct plan of Baroda BNP Paribas Midcap Fund has given a return of 19.63% whereas the common plan has given a return of 17.99% in 10 years. The scheme tracks NIFTY Midcap 150 Whole Return Index, which has given a return of 18.5% in 10 years.
HSBC Midcap Fund
The direct plan of HSBC Midcap Fund has given a return of 19.41% whereas the common plan has given a return of 18.26% in 10 years. The scheme tracks NIFTY Midcap 150 Whole Return Index, which has given a return of 18.5% in 10 years.
ICICI Prudential Midcap Fund
The direct plan of ICICI Prudential Midcap Fund has given a return of 19.34% whereas the common plan has given a return of 18.23% in 10 years. The scheme tracks NIFTY Midcap 150 Whole Return Index, which has given a return of 18.5% in 10 years.
(Disclaimer: The above content material is for data functions solely based mostly on AMFI web site information as of Could 22, 2023. Mutual Funds are topic to market dangers. There isn’t a assurance or assure that the above funds will give the identical returns in future. Buyers are suggested to seek the advice of their monetary advisors earlier than investing)
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