Mid-cap funds are also called the ‘sweet spot’ for the investors. It is because of its nature of investing and the potential of providing high-growth opportunities to the invested capital. They have certain benefits which are distinct from that of the funds of other asset classes. The mid-cap funds possess low volatility than their small-cap peers and are able to provide more growth opportunities than the large-cap funds. This nature of mid cap funds attracts the investors to invest in them.
The Top Performing Mid Cap Mutual Funds Include:
1. Sundaram Select MidCap Fund : It is an open-ended equity fund which has been providing amazing returns to the investors in the long-term period. With the total assets under management amounting to Rs. 5,573 crore as on July 31, 2017, it has showcased an excellent growth since its launch. It has also outperformed its benchmark and the category many a time with a convincing margin. Its past five-year performance shows a capital gain of over 320 percent, which means if one had invested Rs. 15 lakh in this scheme five years back, it would have grown to a corpus of more than Rs. 48 lakh by now. Therefore, one needs to consider the fantastic track record of this scheme before choosing any other fund.
2. Kotak Mid-Cap Fund (G) : Kotak MidCap Fund is an equity scheme which has excellent track record of providing returns. It has managed to outpace its benchmark and the peers many a time with a good margin. Currently, it is holding the second rank in Small & Mid Cap Category by CRISIL for the quarter ended in June 2017. For the one who wants to invest in a scheme to chase high-growth opportunities, this mid-cap mutual fund is among the best choices.
3. HDFC MidCap Opportunities Fund : The reason of this fund for being in the list of top-performing midcap funds is its fantastic strategies which allow it to chase the growth in various market situations. Along with the excellent guidance of its fund house, it also enjoys the management from the financial expert. Therefore, the overall environment of this scheme makes it more goal oriented and return generating.
Furthermore, there are many other schemes of this category which have high potential to provide good returns and growth to the capital in a long-term period. The one who is willing to invest in any mid-cap scheme should consider the ones listed above by matching the other parameters of the investment. If you are looking for some other best-recommended funds of this category, you can also visit various online investment platforms like MySIPonline to fulfil your investment objectives.