investments under rs.5000, profit in crores.. Rs.5000 is enough.. you can buy your own house!! – Top 5 midcap funds to invest in September 2022

by time news
Midcap funds refer to funds that invest in stocks of medium-sized companies. According to SEBI norms, mid-cap schemes are mandated to invest in companies in the market capitalization range of 101 to 250.

These companies can give you good profits in future. That leads them to make huge profits in the market. When these companies see a boom in the market, they provide the investors with the said profits.

You should also note that sometimes midcap funds may suffer excessive losses if the midcaps they invest in do not perform well.

For whom midcap funds are suitable, they are only suitable for investors with high risk appetite and high tolerance. You should also have an investment horizon of 7 to 10 years.

List of best performing midcap funds this year:

1. Axis Midcap Fund

2. PGIM India Midcap Opportunities Fund

3. Invesco India Midcap Fund

4. Kotak Emerging Equity Fund

5. Tata Midcap Growth Fund

As mentioned above these midcap funds are suitable for long-term investors. If you invest in short term you may face excessive loss due to market risks.

Disclaimer: Mutual fund schemes are subject to market risks. Consult your advisor before investing and invest at your own discretion.

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