Investors seeking robust returns may find a lucrative avenue in mid-cap mutual funds, offering a strategic approach to diversifying portfolios and capitalizing on the growth potential of medium-sized companies. ET Wealth, in collaboration with Value Research, has identified some of the best-performing mid-cap funds based on annualized returns as of February 21, 2024. Here’s an overview of the top mid-cap mutual funds that investors should consider for their investment portfolios:
- Quant Mid Cap Fund
- Value Research Fund Rating: 4 stars
- Returns:
- 3-Month: 21.98%
- 6-Month: 33.55%
- 1-Year: 59.14%
- 3-Year: 38.04%
- 5-Year: 31.65%
- Motilal Oswal Midcap Fund Regular Plan
- Value Research Fund Rating: 5 stars
- Returns:
- 3-Month: 15.72%
- 6-Month: 28.72%
- 1-Year: 51.78%
- 3-Year: 33.13%
- 5-Year: 27.2%
- HDFC Mid-Cap Opportunities Fund
- Value Research Fund Rating: 4 stars
- Returns:
- 3-Month: 14.35%
- 6-Month: 24.7%
- 1-Year: 54.88%
- 3-Year: 29.45%
- 5-Year: 25.66%
- Nippon India Growth Fund
- Value Research Fund Rating: 5 stars
- Returns:
- 3-Month: 12.64%
- 6-Month: 25.01%
- 1-Year: 52.9%
- 3-Year: 28.25%
- 5-Year: 26.26%
- Edelweiss Mid Cap Fund Regular Plan
- Value Research Fund Rating: 4 stars
- Returns:
- 3-Month: 14.12%
- 6-Month: 25.39%
- 1-Year: 48%
- 3-Year: 25.17%
- 5-Year: 25.68%
These funds have consistently exhibited robust performance across various time frames, with notable one-year returns surpassing 50%. Particularly noteworthy is the Motilal Oswal Midcap Fund Regular Plan, which has received a 5-star rating from Value Research, underscoring its exceptional performance relative to its peers.
