4 Best Performing Midcap Funds Over 3-Years

Quant Midcap Fund, PGIM India Midcap Opportunities Fund, SBI Magnum Mudgal Fund, and Motilal Oswal Midcap Fund are four Midcap category mutual funds that have given good returns over the past 3 years. These 3 funds can fetch you potential gains between 23% to 29% with a Rs 10,000 upfront investment and SIP of Rs 10,000. The funds are among the top-performing midcap fund, delivering over 40% returns in 3 years. The fund benchmark is NIFTY Midcap 150 TRI. Check below to know more:

Annualised Returns on Lump-Sum Investments

Please Note - Returns shown above are under the Direct Plan-Growth.

Quant Midcap Fund

Quant Midcap Fund is a top-rated fund, rated 5-star by Value Research. Quant Midcap Fund has 93.66% holdings in equity, followed by 6.31% in cash and cash equivalent, and 0.03% in debt. It has invested in 28 stocks, and among its top 5 hold includes ITC (9.35%), Punjab National Bank (6.08%), Escorts Kubota (5.21%), Voltas (5.19%), and Linde India (5.08%). It has major investments in the Financial, Consumer Staples, Healthcare, Automobile and services sectors.

If you had invested Rs 10,000 upfront with a monthly SIP of Rs 10,000 for three years, it can give Rs 5.65 lakh on the total invested amount of Rs 3.70 lakh at 28.84% annualised return. You can begin SIP in the fund with a minimum required amount of Rs 5000.

PGIM India Midcap Opportunities Fund

PGIM India Midcap Opportunities Fund is a high-risk midcap fund rated 5-star by Value Research. It has 44 stocks in its equity portfolio, which is about 90.29% holding, followed by 9.66% in debt and 0.05% in cash. The top five stocks are having a combined weight of 19.59% in the portfolio, which includes Ashok Leyland (4.22%), The Federal Bank (4.14%), Cummins India (4.06%), Kajaria Ceramics (3.59%), and Timken India (3.58%). Its top 5 investments are in the Financial, Capital Goods, Healthcare, Services, and Automobile sectors.

A monthly SIP of Rs 10,000 with Rs 10,000 initial investment in PGIM India Midcap Opportunities Fund, for a total investment of Rs 3.7 lakhs would give you a good return of 24.2% with a corpus of Rs 5.30 lakhs in three years. To begin SIP in the fund, a minimum of Rs 5000 is required.

SBI Magnum Midcap Fund

SBI Magnum Midcap Fund is high-risk, rated 4-star by Value Research. The fund has the majority of investments in equity around 97.24%, followed by 2.65% in cash and 0.11% in debt. It has holdings in 59 stocks, which includes CRISIL (5.43%), Tube Investment of India (4.44%), Schaeffler India (4.10%), Page (3,82%), and Thermax (3.73%) among the top 5 stocks. The scheme has majority holdings in Automobile, Capital Goods, Financial, Services, and Textile sectors.

A monthly SIP of Rs 10,000 with Rs 10,000 initial investments in SBI Magnum Midcap Fund for 3 years i.e. Rs 3.7 lakh would grow to a corpus of Rs 4.98 lakhs at 23.92% annualised returns. A minimum of Rs 5000 is required for SIP investment in this fund.

Motilal Oswal Midcap Fund

Motilal Oswal Midcap Fund is rated 5-star by Value Research. It has 86.51% in equities, 10.24% in debt and 3.25% in cash. It has 40 stocks in its equity portfolio, which includes Tube Investments of India (11.20%), Campus Activewear (5.47%), CG Power & Industries Solutions (5.45%), The Phoenix Mills (4.86%), and Max Financial Services (4.59%) among its top 5 holdings. It has major investments in Automobile, Financial, Chemical, Consumer Discretionary, and Technology sectors.

If you had invested Rs 10,000 initially with Rs 10,000 monthly SIP for 3 years, which is Rs 3.70 lakh total investment would become a total of Rs 5.50 lakh in the same period i.e. 26.93% annualised return. You can begin SIP with a minimum amount of Rs 500 in this fund.

Disclaimer - Mutual fund investments are subject to market risk. Read all scheme-related Terms and Conditions carefully before investing. The above-mentioned information is purely informational and doesn't guarantee any return. The Greynium Information Technologies and the Author are not liable for any losses caused as a result of a decision based on the article.