Top 7 Mid Cap Mutual Funds With Best SIP Returns in 10 Years: Mid cap mutual funds have at least 65 per cent of their investments in mid cap stocks. The mid cap mutual fund category has given 47.60 per cent annualised returns (CAGR) in 1 year, 21.48 per cent in 3 years, 28.93 per cent in 5 years, and 18.53 per cent in 10 years, as per Value Research data.
Top 7 Mid Cap Mutual Funds With Highest SIP Returns in 10 Years: Many mid cap companies in India are on the verge of becoming large cap firms. They have growth potential as well as they can provide stability. Many mid cap firm are those that have recently graduated from small cap companies and have high growth potential. So, mid cap mutual funds can provide growth and stability both. As per Securities Exchange Board of India (Sebi), mid cap mutual funds need to have 65 per cent of their investments in mid cap companies. As a category, the mid cap mutual fund has given 47.60 per cent annualised returns (CAGR) in 1 year, 21.48 per cent in 3 years, 28.93 per cent in 5 years, and 18.53 per cent in 10 years (Data Source: Value Research). In this write-up, know about the top 7 mid cap mutual funds in terms of the highest SIP returns (XIRR) in the 10-year period and what Rs 10,000 monthly SIP in each of the funds has turned into during that time period.
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Motilal Oswal Midcap Fund – Direct Plan
The fund has given 26.78 per cent annualised SIP returns in 10 years.
The mid cap fund has assets under management (AUM) of Rs 18,604 crore, while its net asset value (NAV) is Rs 124.2855.
Benchmarked against NIFTY Midcap 150 TRI, the fund given 26.71 per cent annualised returns (CAGR) since its inception in February 2014.
Motilal Oswal Midcap Fund – Direct Plan
With an expense ratio of 0.60 per cent, the fund has Rs 500 as the minimum SIP and lump sum investment each.
A Rs 10,000 monthly SIP investment in 10 years, or total investment of Rs 12,00,000, has grown to Rs 49,66,137.
Quant Mid Cap Fund – Direct Plan
The fund has given 26.05 per cent annualised SIP returns in the 10-year period.
It has AUM of Rs 9,501 crore, while its NAV is Rs 266.9509.
Benchmarked against NIFTY Midcap 150 TRI, the fund given 20.19 per cent annualised returns since its debut in January 2013.
Quant Mid Cap Fund – Direct Plan
At an expense ratio of 0.58 per cent, the fund has Rs 1,000 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 10,000 monthly SIP investment in the scheme has turned into to Rs 47,74,372.
Edelweiss Mid Cap Fund – Direct Plan
The fund has given 25.24 per cent annualised SIP returns in the 10-year time frame.
It has an asset base of Rs 7,755 crore, while its unit base is Rs 118.4680.
Benchmarked against NIFTY Midcap 150 TRI, the fund given 24.16 per cent annualised returns since its launch in January 2013.
Edelweiss Mid Cap Fund – Direct Plan
With an expense ratio of 0.36 per cent, the fund has Rs 100 as the minimum SIP and lump sum investment each.
A Rs 10,000 monthly SIP investment in the fund has jumped to Rs 45,68,529.
Nippon India Growth Fund – Direct Plan
The fund has given 24.47 per cent annualised SIP returns in the 10-year period.
It has an asset base of Rs 35,209 crore, while its NAV is Rs 4,606.6538.
Benchmarked against NIFTY Midcap 150 TRI, the fund given 20.58 per cent annualised returns since its beginning in January 2013.
Nippon India Growth Fund – Direct Plan
At an expense ratio of 0.77 per cent, the fund has Rs 100 as the minimum SIP and lump sum investment each.
A Rs 10,000 monthly SIP investment in the scheme has converted into Rs 43,83,461.
Invesco India Mid Cap Fund – Direct Plan
The fund has given 24.31 per cent annualised SIP returns in 10 years.
It has AUM of Rs 5,904 crore, while its unit price is Rs 205.2700.
Benchmarked against BSE 150 MidCap TRI, the fund given 23.10 per cent annualised returns since its starting in January 2013.
Invesco India Mid Cap Fund – Direct Plan
With an expense ratio of 0.58 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 1,000 as the minimum lump sum investment.
A Rs 10,000 monthly SIP investment in the scheme has turned into to Rs 43,46,194.
Kotak Emerging Equity Fund – Direct Plan
The fund has given 23.87 per cent annualised SIP returns in the 10-year period.
Its AUM is Rs 52,627 crore, while its NAV is Rs 156.5610.
Benchmarked against NIFTY Midcap 150 TRI, the fund given 22.70 per cent annualised returns since its inception in January 2013.
Kotak Emerging Equity Fund – Direct Plan
At an expense ratio of 0.36 per cent, the fund has Rs 100 as the minimum SIP and lump sum investment each.
A Rs 10,000 monthly SIP investment in the scheme has swelled to Rs 42,44,015.
HDFC Mid-Cap Opportunities Fund – Direct Plan
The fund has given 23.44 per cent annualised SIP returns in the 10-year time frame.
It has an asset base of Rs 77,683 crore, while its NAV is Rs 210.4950.
Benchmarked against NIFTY Midcap 150 TRI, the fund given 22.74 per cent annualised returns since its launch in January 2013.
HDFC Mid-Cap Opportunities Fund – Direct Plan
With an expense ratio of 0.72 per cent, the fund has Rs 100 as the minimum SIP and minimum lump sum investment each.
A Rs 10,000 monthly SIP investment in the scheme has grown to Rs 41,45,030.