Mutual Fund Investment: These ten mid-cap schemes gave up to 45% return in one year. Do you own any?
2 min read 17 Jun 2023, 12:01 PM ISTTen best mid-cap MF schemes: Experts suggest top mid-cap mutual funds for investment. These funds have good growth potential but come with risks
PremiumTen best mid-cap MF schemes: There are three major categories of mutual funds- large-cap mutual funds, mid-cap mutual funds, and small-cap mutual funds. Midcaps are considered good for portfolio diversification as the companies have good growth potential. However, these mutual funds have a significant amount of risk associated with them.
Best mid-cap mutual funds for investment
Dr. Ravi Singh, Vice President and Head of Research, at Share India, has shared three top mid-cap mutual funds for the best return on your money.
1)Quant Mid Cap Fund with a three-year return of around 37.2%,
2)PGIM India Mid Cap Opportunities Fund with a three-year return of around 34.3%,
3)SBI Magnum Midcap fund with a three-year return of around 30.2%
Vinit Khandare, CEO and Founder, MyFundBazaar listed the three best mid-cap mutual funds where investors can consider putting their money in 2023
1)Edelweiss Mid Cap Fund
2)HDFC Mid-Cap Opportunities Fund
3) SBI Magnum Mid-Cap Fund
Tax and investment expert Balwant Jain suggested one best mid-cap mutual fund
1)Quant mutual funds
Pankaj Mathpal, MD & CEO at Optima Money Managers listed one best mid-cap mutual funds for the best return on your money
Motilal Oswal Midcap Fund
As of April 30, 2023, mid-cap funds, on average, had around 14 percent exposure to large-cap stocks. So, here are ten equity mid-cap funds that have produced lucrative SIP returns in one year as per Value Research.
Ten best mid-cap MF schemes
Motilal Oswal Midcap Fund- 45.31%
HDFC Mid-Cap opp Dir- 44.64%
Kotak Nifty Midcap 50 ETF- 37.64%
Taurus Discovery (Midcap) Dir- 35.03%
Motilal Oswal Nifty Midcap 100 ETF- 34.60%
SBI Magnum Midcap Dir- 34.56%
Invesco Ind Midcap Dir- 34.31%
Mirae Asset Nifty Midcap 150 ETF- 34.20%
ICICI Pru Nifty Midcap 150 ETF-34.10%
Motilal Oswal Nifty Midcap 150 Dir- 34.03%
Meanwhile, the Securities and Exchange Board of India (Sebi) has introduced a regulatory framework for 'Execution Only Platforms' for direct plans of mutual fund schemes in a bid to protect the investors dealing in such schemes. The new framework would be applicable from September 1.