Top performing mid-cap funds in past one year; do you hold them?

5paisa Research Team 5paisa Research Team 27th February 2023 - 10:55 am

In last one year, although S&P BSE Mid Cap index delivered positive returns, they were on the lower end. However, there were a lot of funds that delivered double-digit positive returns. Read on to learn more about them.

In last one-year, Indian stock markets outperformed the prominent global indices. S&P BSE Sensex registered returns of 5.84% in last one year, while S&P BSE Mid Cap index and S&P BSE Small Cap index delivered 3.43% and 3.4%, respectively. However, the performance of S&P BSE Sensex was slightly lower than the interest rate offered by bank fixed deposit, while S&P BSE Mid Cap index and S&P BSE Small Cap index were even lower.

Having said that, when it comes to mid-cap mutual funds, out of 25 mid-cap funds, 24 funds outperformed S&P BSE MidCap index. In fact, out of those 25 funds, 14 funds delivered double-digit returns.

Trailing Returns (%)	YTD	1 Year	3 Years	5 Years	10 Years
Category Average	-2.84	10.63	18.68	11.41	17.39
NIFTY Mid-Cap 150 TRI	-3.72	7.55	20.37	11.98	17.62
Source: Advisorkhoj

As can be seen in the above table, mid-cap mutual funds on an average have performed mostly in line with Nifty Mid-Cap 150 Total Returns Index (TRI). However, during tough times, mid-cap funds have fell less than its benchmark. This is evident from the Year-Till-Date (YTD) returns calculated for the period from January 2, 2023 to February 24, 2023.

Top Performing Mid-Cap Funds in Last One Year

Funds	Launch	Net Assets (Rs Crore)	Expense Ratio (%)	1-Year Returns (%)
HDFC Mid-Cap Opportunities Fund	25-Jun-07	35,615	1.76	19.61
Motilal Oswal Midcap Fund	24-Feb-14	3,663	2.04	19.32
Quant Mid Cap Fund	09-Mar-01	1,492	2.68	18.43
Taurus Discovery (Midcap) Fund	05-Sep-94	76.00	2.56	15.38
Kotak Emerging Equity Fund	30-Mar-07	23,260	1.69	14.27
SBI Magnum Midcap Fund	29-Mar-05	8,436	1.80	13.21
Nippon India Growth Fund	08-Oct-95	13,492	1.83	12.75
Edelweiss Mid Cap Fund	26-Dec-07	2,481	2.12	12.28
Sundaram Mid Cap Fund	30-Jul-02	7,102	1.87	12.14
Franklin India Prima Fund	01-Dec-93	7,411	1.88	11.43

How do you rate this article?

Characters remaining (1500)

View All

Disclaimer: Investment/Trading in securities Market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equites and Derivatives can be substantial.

FREE Trading & Demat Account