Top performing mid-cap funds in past one year; do you hold them?

resr 5paisa Research Team

Last Updated: 27th February 2023 - 10:55 am

Listen icon

In last one year, although S&P BSE Mid Cap index delivered positive returns, they were on the lower end. However, there were a lot of funds that delivered double-digit positive returns. Read on to learn more about them.

In last one-year, Indian stock markets outperformed the prominent global indices. S&P BSE Sensex registered returns of 5.84% in last one year, while S&P BSE Mid Cap index and S&P BSE Small Cap index delivered 3.43% and 3.4%, respectively. However, the performance of S&P BSE Sensex was slightly lower than the interest rate offered by bank fixed deposit, while S&P BSE Mid Cap index and S&P BSE Small Cap index were even lower.

Having said that, when it comes to mid-cap mutual funds, out of 25 mid-cap funds, 24 funds outperformed S&P BSE MidCap index. In fact, out of those 25 funds, 14 funds delivered double-digit returns.

Trailing Returns (%)  

YTD  

1 Year  

3 Years  

5 Years  

10 Years  

Category Average  

-2.84  

10.63  

18.68  

11.41  

17.39  

NIFTY Mid-Cap 150 TRI  

-3.72  

7.55  

20.37  

11.98  

17.62  

Source: Advisorkhoj  

As can be seen in the above table, mid-cap mutual funds on an average have performed mostly in line with Nifty Mid-Cap 150 Total Returns Index (TRI). However, during tough times, mid-cap funds have fell less than its benchmark. This is evident from the Year-Till-Date (YTD) returns calculated for the period from January 2, 2023 to February 24, 2023.

Top Performing Mid-Cap Funds in Last One Year

Funds  

Launch  

Net Assets (Rs Crore)  

Expense Ratio (%)  

1-Year Returns (%)  

HDFC Mid-Cap Opportunities Fund  

25-Jun-07  

35,615  

1.76  

19.61  

Motilal Oswal Midcap Fund  

24-Feb-14  

3,663  

2.04  

19.32  

Quant Mid Cap Fund  

09-Mar-01  

1,492  

2.68  

18.43  

Taurus Discovery (Midcap) Fund  

05-Sep-94  

76.00  

2.56  

15.38  

Kotak Emerging Equity Fund  

30-Mar-07  

23,260  

1.69  

14.27  

SBI Magnum Midcap Fund  

29-Mar-05  

8,436  

1.80  

13.21  

Nippon India Growth Fund  

08-Oct-95  

13,492  

1.83  

12.75  

Edelweiss Mid Cap Fund  

26-Dec-07  

2,481  

2.12  

12.28  

Sundaram Mid Cap Fund  

30-Jul-02  

7,102  

1.87  

12.14  

Franklin India Prima Fund  

01-Dec-93  

7,411  

1.88  

11.43 

 

How do you rate this article?
Characters remaining (1500)

FREE Trading & Demat Account
+91
''
By proceeding, you agree to our T&Cs*
Mobile No. belongs to
hero_form

Mutual Funds and ETFs Related Articles

Upcoming NFOs in India 2024

by 5paisa Research Team 27th Sep 2024

Top 5 MultiCap Funds for Long Term

by 5paisa Research Team 23rd Sep 2024

Best Mutual Funds for Long Term

by 5paisa Research Team 23rd Sep 2024

Best ELSS Mutual Funds to Invest

by 5paisa Research Team 23rd Sep 2024

Best Hybrid Mutual Funds

by 5paisa Research Team 23rd Sep 2024

Disclaimer: Investment in securities market are subject to market risks, read all the related documents carefully before investing. For detailed disclaimer please Click here.

Want to Use 5paisa
Trading App?