Best Mid Cap Funds: 8 Top Performing Mid Cap Funds With Double-Digit Returns

Mid cap funds attract investors who do not want to take extreme investment risk by investing in small cap funds but want to earn moderate returns from future large caps. Mid cap funds invest in stocks that invest primarily in mid companies, which show growth potential to be future large cap companies.

However, mid cap funds are also high risk-return investment proportions, for long term investment. Over the years these mid cap schemes have managed to deliver double digit returns. In 5 years the mid cap average category return was 12.46% higher than the S&P BSE 150 MidCap TRI benchmark return of 11.84% on annualised basis.

Following is a list of top 8 performing mid cap schemes that have given double digit returns above 14% in 5 years.

Scheme Name	Annualised returns (%)	NAV as on 3-Mar-2023 (Rs)
Quant Mid Cap Fund	20.29	143.2378
PGIM Ind Midcap Opportunities Fund	18.53	47.9500
Motilal Oswal Midcap Fund	16.33	56.5300
Axis Midcap Fund	16.00	74.4900
Kotak Emerging Equity Fund	15.18	85.7910
Mahindra Manulife Mid Cap Fund	14.56	19.1599
Invesco Ind Midcap Fund	14.44	101.6100
Nippon India Growth Fund	14.22	2,292.3000

All the funds considered are growth direct plans. And the returns are taken from ValueResearch.

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