Synopsis: Over the past 5 years, certain Mid-cap Mutual Funds have delivered high returns with upto 35% Compound Annual Growth rate (CAGR). This article highlights top 7 best-performing mid-cap funds that have consistently created wealth for investors.
Midcap funds are equity funds that invest in mid-size companies. According to SEBI’s classification, mid-cap companies are those ranked 101 to 250 on the stock exchange based on market capitalization.
1. Motilal Oswal Midcap Fund
- 5 years CAGR: 35.16%
- Fund Size(AUM): ₹34,749 Cr
- Expenses ratio: 0.70
- Minimum SIP: ₹500
- Minimum Lump sum: ₹ 500
- Exit load: 1%, if redeemed within 365 days.
Motilal Oswal holding 17 Equity stocks, Major Holdings are:
| Name | Assets Holding % |
| Dixon Technologies (India) | 9.57% |
| Eternal (Zomato) | 9.37% |
| Coforge | 9.04% |
| Persistent Systems | 8.33% |
2. Edelweiss Mid Cap Direct Plan Growth
- 5 years CAGR: 30.78%
- Fund Size(AUM): ₹11,731
- Expenses ratio: 0.38
- Minimum SIP: ₹100
- Minimum Lump sum: ₹100
- Exit load: 1%, if redeemed within 90 days.
Edelweiss Mid Cap Direct Plan Growth Holding 87 stocks. Major holdings:
| Name | Assets Holding % |
| Max Healthcare Institute | 3.07% |
| Coforge | 2.68% |
| Persistent Systems | 2.42% |
| Fortis Healthcare | 2.37% |
3. HDFC Mid Cap Fund
- 5 years CAGR: 30.43%
- Fund Size(AUM): ₹84,854.73 Cr
- Expenses ratio: 0.71
- Minimum SIP: ₹ 100
- Minimum Lumpsum: ₹100
- Exit load: 1% if redeemed within 1 year.
HDFC Mid Cap Fund holding 73 Stocks. Majority holdings are
| Name | Assets Holding % |
| Max Financial Services Ltd | 4.73% |
| Balkrishna Industries | 3.53% |
| Indian Bank | 3.26% |
| Fortis Healthcare | 3.18% |
4. Nippon India Growth Mid Cap Fund
- 5 years CAGR: 30.19%
- Fund Size(AUM): ₹39,320 Cr
- Expenses ratio: 0.74
- Minimum SIP: ₹ 100
- Minimum Lumpsum: ₹100
- Exit load: 1% if redeemed within 1 months
Nippon India growth Mid cap fund holding 95 Stocks. Major holdings are
| Name | Assets Holding % |
| Fortis Healthcare | 3.34% |
| BSE Ltd | 2.65% |
| Cholamandalam Finance | 2.56% |
| Voltas | 2.21% |
Also read: 4 Top-Performing Defence Mutual Funds That Delivered Upto 23% in Just 6 Months
5. Invesco India Growth Mid Cap Fund
- 5 years CAGR: 30.07
- Fund Size(AUM):₹ 8,518.36
- Expenses ratio: 0.54
- Minimum SIP: ₹500
- Minimum Lump sum: ₹1,000
- Exit load: units in excess of 10% of the investment, 1% will be charged for redemption within 1 year.
Invesco India Growth Mid Cap Fund Holding 48 shares. Major holdings are:
| Name | Asset Holding % |
| Swiggy | 5.14% |
| AU small finance bank | 5.10% |
| L & T Finance | 4.93% |
| Prestige Estates Projects | 4.29% |
6. Mahindra Manulife Mid Cap Fund
- 5 years CAGR: 29.46
- Fund Size(AUM): ₹ 3,994
- Expenses ratio: 0.46
- Minimum SIP: ₹500
- Minimum Lumpsum: ₹1,000
- Exit load: 1% if redeemed within 3 months.
Mahindra Manu life mid cap fund holding 63 stocks. Major holdings are:
| Name | Asset Holding % |
| Glenmark Pharmaceuticals | 3.11% |
| Indian Bank | 2.99% |
| Uno Minda | 2.58% |
| Blue Star | 2.53% |
7. Quant Mid Cap Fund
- 5 years CAGR: 29.30%
- Fund Size(AUM):₹ 8,262.25
- Expenses ratio: 0.71
- Minimum SIP: ₹1,000
- Minimum Lump sum: ₹5,000
- Exit load: 0.50% if redeemed within 3 months.
Quant Mid Cap Fund holding 39 assets. Major holdings are
| Name | Asset Holding % |
| Nifty Mid cap select index | 8.85% |
| Aurobindo Pharma | 7.83% |
| Tata Communication | 7.74% |
| Premier Energies | 6.85% |
Conclusion
The Average Mid-cap Mutual fund gives around 30% CAGR returns, meaning if you invested 1,00,000 five years before now, it would have grown to approximately ₹3,71,293. This means the power of compounding and patience. Invesco India Mid-cap fund has given a consistent return for the last five years; this year, it gave an 11.87% return compared to other funds that give healthy returns.
Written by Yatheendra N
The post 7 Mid-Cap Funds That Delivered Up to 35% CAGR in 5 Years appeared first on Trade Brains.