Top Equity Funds

Best Mid Cap Funds

These funds invest in stocks falling in the range of 100-250 in terms of market cap. These have high growth potential but are riskier than large caps.
Indian Companies: Mid SizedGrowth With Moderate Risk: 25% - 27%
1Y return
PGIM India Midcap Opportunities Fund Direct Growth
PGIM India Midcap Opportunities Fund Direct Growth
61.96%
AUM ₹4070 Cr Expense 0.4%
Motilal Oswal Midcap 30 Direct Growth
Motilal Oswal Midcap 30 Direct Growth
58.01%
AUM ₹2634 Cr Expense 0.91%
SBI Magnum Midcap Fund Direct Growth
SBI Magnum Midcap Fund Direct Growth
53.37%
AUM ₹6804 Cr Expense 1.03%
Mahindra Manulife Mid Cap Unnati Yojana Direct Growth
Mahindra Manulife Mid Cap Unnati Yojana Direct Growth
53.14%
AUM ₹865 Cr Expense 0.58%
Quant Mid Cap Fund Growth Option Direct Plan
Quant Mid Cap Fund Growth Option Direct Plan
52.58%
AUM ₹248 Cr Expense 0.57%
Kotak Emerging Equity Scheme Direct Growth
Kotak Emerging Equity Scheme Direct Growth
46.41%
AUM ₹17529 Cr Expense 0.53%
Mirae Asset Midcap Fund Direct Growth
Mirae Asset Midcap Fund Direct Growth
46.33%
AUM ₹7035 Cr Expense 0.48%
Edelweiss Mid Cap Fund Direct Plan Growth Option
Edelweiss Mid Cap Fund Direct Plan Growth Option
46.17%
AUM ₹1865 Cr Expense 0.54%
Nippon India Growth Fund - Direct Plan - Growth
Nippon India Growth Fund - Direct Plan - Growth
45.54%
AUM ₹11906 Cr Expense 1.21%
BNP Paribas Mid Cap Fund Direct Plan Growth Option
BNP Paribas Mid Cap Fund Direct Plan Growth Option
44%
AUM ₹1065 Cr Expense 0.69%
ICICI Prudential MidCap Fund Direct Plan Growth
ICICI Prudential MidCap Fund Direct Plan Growth
42.72%
AUM ₹3250 Cr Expense 1.22%
UTI Mid Cap Fund-Growth Option- Direct
UTI Mid Cap Fund-Growth Option- Direct
42.27%
AUM ₹6895 Cr Expense 1.03%
Invesco India Mid Cap Fund Direct Plan Growth Option
Invesco India Mid Cap Fund Direct Plan Growth Option
41.64%
AUM ₹2195 Cr Expense 0.62%
Tata Mid Cap Growth Fund Direct Plan Growth
Tata Mid Cap Growth Fund Direct Plan Growth
38.41%
AUM ₹1517 Cr Expense 1.06%
IDBI Midcap Fund Direct Growth
IDBI Midcap Fund Direct Growth
37.07%
AUM ₹209 Cr Expense 1.64%
Sundaram Mid Cap - Direct Plan - Growth Option
Sundaram Mid Cap - Direct Plan - Growth Option
35.82%
AUM ₹6755 Cr Expense 1.16%
Taurus Discovery (Midcap) Fund - Direct Plan-Growth Option
Taurus Discovery (Midcap) Fund - Direct Plan-Growth Option
35.58%
AUM ₹75 Cr Expense 2.17%
Franklin India Prima Fund Direct Growth
Franklin India Prima Fund Direct Growth
30.68%
AUM ₹7787 Cr Expense 1.11%
L&T Midcap Fund Direct Plan Growth
L&T Midcap Fund Direct Plan Growth
30.47%
AUM ₹6782 Cr Expense 0.75%
DSP Midcap Fund Direct Plan Growth
DSP Midcap Fund Direct Plan Growth
29.53%
AUM ₹14155 Cr Expense 0.8%
 

What are Mid-cap funds?

Mutual funds can be classified based on the market capitalisation of the underlying stocks they invest in. Mid-cap mutual funds invest in stocks of companies listed from rank 101-250 as per the market capitalization, which have the potential to offer better returns than large-cap stocks, with lesser risk than small-cap stocks.

Advantages of investing in best mid cap mutual funds

Things to consider before investing in best mid cap mutual funds

First to consider is, the performance of the mid cap funds—present as well as historical, through the bullish and bearish market cycles. It takes a lot of research to pick the best mid cap mutual funds, and at Indmoney, you will get expert assistance for the same. Apart from this, you might consider the following:

How to Start Investing Online in the Best Mid-Cap Funds

STEP 1
Download the INDmoney App
STEP 2
Create your profile
STEP 3
Select any best mid-cap fund from our catalogue
STEP 4
Choose between Starting a SIP or One time lumpsum
STEP 5
Complete the payment process

Outlook

To conclude, there is an underlying risk in all mutual funds. Mid cap companies can either be well established or just starting to grow, but they have the potential to even outgrow the market. This perception-based investor confidence has led to the massive growth in net AUM of mid-cap funds from Rs 88,734 crores in August 2020 to Rs. 1,46,626 crores in August 2021, as per Association of Mutual Funds of India.
However, they are more prone to failures too. The trick is to select the best mid cap stocks to buy for the long term, with expert advice from Indmoney, that facilitates you to select, and start early as a first time investor.

Frequently Asked Questions

What are mid cap funds?

How to invest in mid cap mutual funds online?

How are all mid cap mutual funds taxed?

Can mid cap mutual funds pay dividends?

How to choose the correct mid cap funds to invest in?

What are the risks involved in investing in mid cap funds?

How long should I remain invested in mid cap funds?

Where do mid cap funds invest?

How much money should I invest in mid cap funds?

What are the expected returns of mid cap mutual funds?

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