Top 10 Mid Cap Mutual Funds: There are many types of mutual funds. One of these types is Mid Cap Mutual Fund. Mid cap mutual funds are those that invest in mid-sized companies of the stock market.
Mid cap mutual funds are generally considered to be slightly safer than small cap funds. Because here investments are made in big companies from small cap companies. If the investment is made in mid cap mutual fund for at least 3 years then very good returns can be obtained.
If you do not believe then here are the top 10 mid cap mutual fund schemes. If their 3 year returns are seen then the schemes have made money more than 3 times.
- Motilal Oswal Mid Cap Mutual Fund Scheme For the last 3 years, it is giving an average return of 41.67% every year. This fund has grown Rs 1 lakh to Rs 3.42 lakh in 3 years.
- Quant Mid Cap Mutual Fund Scheme For the last 3 years, it is giving an average return of 41.34% every year. This fund has grown Rs 1 lakh to Rs 3.38 lakh in 3 years.
- PGIM India Mid Cap Opportunities Mutual Fund Scheme For the last 3 years, it is giving an average return of 40.56% every year. This fund has grown Rs 1 lakh to Rs 3.31 lakh in 3 years.
- SBI Magnum Mid Cap Mutual Fund Scheme For the last 3 years, it is giving an average return of 40.26% every year. This fund has grown Rs 1 lakh to Rs 3.28 lakh in 3 years.
- HDFC Mid Cap Opportunities Mutual Fund Scheme It is giving an average return of 38.32% every year for the last 3 years. This fund has grown Rs 1 lakh to Rs 3.10 lakh in 3 years.
- Edelweiss Mid Cap Mutual Fund Scheme For the last 3 years, it is giving an average return of 37.64% every year. This fund has grown Rs 1 lakh to Rs 3.04 lakh in 3 years.
- Nippon India Growth Mutual Fund Scheme For the last 3 years, it is giving an average return of 37.06% every year. This fund has grown Rs 1 lakh to Rs 2.99 lakh in 3 years.
- Mirae Asset Mid Cap Mutual Fund Scheme For the last 3 years, it is giving an average return of 36.51% every year. This fund has grown Rs 1 lakh to Rs 2.94 lakh in 3 years.
- Kotak Emerging Equity Mutual Fund Scheme It is giving an average return of 36.17% every year for the last 3 years. This fund has grown Rs 1 lakh to Rs 2.91 lakh in 3 years.
- Motilal Oswal Nifty Midcap 150 Index Mutual Fund Scheme For the last 3 years, it is giving an average return of 34.85% every year. This fund has grown Rs 1 lakh to Rs 2.80 lakh in 3 years.
Note: Here the returns of mutual fund schemes have been calculated on the basis of NAV as on June 19, 2023.