Explore these high-quality mid-cap stocks!
Last Updated: 15th December 2022 - 11:06 am
Broader markets have beaten the Nifty 50 by a large margin in the preceding year. In this piece, we'll look at the top 10 excellent mid-cap stocks to look into.
The Nifty Mid-Cap 150 Total Returns Index (TRI) returned 34.9% last year, compared to 18.7% for the Nifty 50 TRI. When we analyse the median one-year, three-year, and five-year rolling returns of Nifty 50 TRI and Nifty Mid-Cap 150 TRI, we notice that Nifty Mid-Cap 150 TRI beats Nifty 50 TRI in all three periods. However, keep in mind that the risk for Nifty Mid-Cap 150 TRI is larger than for Nifty 50 TRI.
The Nifty Mid-Cap 150 TRI has one-year, three-year, and five-year rolling returns of 15.04%, 13.11%, and 14.77%, respectively, while the Nifty 50 TRI has 14.21%, 11.01%, and 12.19%. Interestingly, the gap between their median rolling returns widens when we invest for a longer time horizon. However, the median one-year, three-year, and five-year rolling returns of quality midcaps are 18%, 18.1%, and 19.4%, respectively.
The Nifty Mid-Cap 150 Quality 50 TRI has been chosen to symbolise it. Across all periods, these returns now surpass the Nifty Mid-Cap 150 TRI and the Nifty 50 TRI by a substantial margin. As a result, it makes significantly more sense to invest in solid mid-cap companies.
As a consequence, we've prepared a list of the top 10 outstanding mid-cap businesses to investigate.
Trailing Returns (%) |
1-Year |
3-Year |
5-Year |
10-Year |
166.39 |
103.75 |
59.10 |
52.05 |
|
39.76 |
21.57 |
24.44 |
31.84 |
|
-1.33 |
23.46 |
15.18 |
- |
|
82.38 |
56.71 |
- |
- |
|
133.19 |
64.90 |
54.27 |
42.76 |
|
46.47 |
36.18 |
7.28 |
15.75 |
|
38.88 |
47.05 |
50.93 |
58.63 |
|
86.52 |
44.43 |
40.33 |
23.47 |
|
5.61 |
26.45 |
15.40 |
27.31 |
|
13.67 |
32.16 |
29.07 |
28.40 |
Also read: 5 BTST/STBT Stocks: BTST/STBT Stock List for today February 11
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