Mid-cap mutual funds continue to attract investors. In December 2022, midcap funds saw inflows of Rs 1,962.26 crore.
Also, midcap funds have given higher returns compared to other types of mutual fund schemes. In that respect, let’s look at midcap funds that have performed well in the last 10 years.
Top 5 Midcap Funds of Last 10 Years
1) Edelweiss Mid Cap Fund
Edelweiss Mid Cap Fund’s direct plan has returned 20.39% annualized over 10 years, while the regular plan of the scheme has returned 18.96%.
2) Kotak Emerging Equity Fund
Kotak Emerging Equity Fund’s direct plan has returned 19.92% annualized over 10 years, while the regular plan of the scheme has returned 18.50%.
3) Invesco India Mid Cap Fund
Invesco India Mid Cap Fund’s direct scheme has returned 19.37% annualized over 10 years, while the regular scheme of the scheme has returned 17.56%.
4) HDFC Mid-Cap Opportunities Fund
The direct plan of HDFC Mid-Cap Opportunities Fund has returned 19.37% annualized over 10 years, while the regular plan of the scheme has returned 18.43%.
5) SBI Magnum Midcap Fund
SBI Magnum Midcap Fund’s direct plan has returned 19.02% annualized over 10 years, while the scheme’s regular plan has returned 17.93%.
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