Top 10 Mid Cap Mutual Fund ?

Top 10 Mid Cap Mutual Funds in India :

Mid Cap Mutual Funds have become a popular investment choice for investors seeking a balance between risk and return. These funds invest primarily in medium-sized companies that have the potential for faster growth than large-cap companies, yet are considered more stable than small-cap firms. In India, the mid-cap space offers diverse opportunities for wealth creation over the long term.

Let’s explore the Top 10 Mid Cap Mutual Funds in India that have consistently delivered good performance and have solid management and portfolio strategies.

1. Axis Midcap Fund

Fund Type: Open-ended Equity Scheme. Launch Date: February 2011. Fund Manager: Shreyash Devalkar. Assets Under Management (AUM): ₹23,000+ crore •Key Features:Axis Midcap Fund is known for its high-quality stock selection and risk management approach. It has consistently beaten its benchmark and focuses on companies with strong fundamentals and sustainable growth.

2. Kotak Emerging Equity Fund

Fund Type: Open-ended Equity Scheme. •Launch Date: March 2007. •Fund Manager: Pankaj Tibrewal •AUM: ₹31,000+ crore. •Key Features:This fund holds a diversified portfolio with a strong bias toward mid-sized businesses with growth potential. It has delivered robust returns in the long term and is considered one of the most trusted mid-cap funds in the market.

3. Nippon India Growth Fund

Fund Type: Open-ended Equity Scheme •Launch Date: October 1995. •Fund Manager: Tejas Sheth. •AUM: ₹22,000+ crore. •Key Features:Nippon India Growth Fund is one of the oldest mid-cap funds in India. It has a track record of identifying emerging companies early and generating high returns during market uptrends.

4. SBI Magnum Midcap Fund

Fund Type: Open-ended Equity Scheme. •Launch Date: March 2005. •Fund Manager: R. Srinivasan. •AUM: ₹14,000+ crore. •Key Features:Managed by one of the most reputed fund houses in India, this fund focuses on quality mid-cap stocks with consistent growth, offering a good mix of value and growth investing.

5. PGIM India Midcap Opportunities Fund

Fund Type: Open-ended Equity Scheme •Launch Date: December 2013. •Fund Manager: Aniruddha Naha. •AUM: ₹8,000+ crore. •Key Features:This fund has gained popularity due to its outstanding returns in recent years. It focuses on fundamentally strong companies in emerging sectors and has shown resilience even during market volatility.

6. HDFC Mid-Cap Opportunities Fund

Fund Type: Open-ended Equity Scheme. •Launch Date: June 2007. •Fund Manager: Anil Bamboli. AUM: ₹41,000+ crore. •. Key Features:One of the largest mid-cap funds in India, it has a diversified portfolio with a value-oriented approach. The fund is suitable for long-term investors with moderate risk appetite.

7. Edelweiss Mid Cap Fund

Fund Type: Open-ended Equity Scheme. •Launch Date: December 2007. •Fund Manager: Harshad Patwardhan. •AUM: ₹2,000+ crore. •Key Features:A relatively smaller fund with focused stock selection. Edelweiss Mid Cap Fund invests in emerging mid-sized companies with scalable business models.

8. Mirae Asset Midcap Fund

Fund Type: Open-ended Equity Scheme. •Launch Date: July 2019. •Fund Manager: Ankit Jain. AUM: ₹9,000+ crore. •Key Features:Though new compared to other funds, Mirae Asset Midcap Fund has gained traction quickly due to its sound investment strategy and consistent performance.

9. ICICI Prudential MidCap Fund

Fund Type: Open-ended Equity Scheme. •Launch Date: October 2004. •Fund Manager: Sankaran Naren. •AUM: ₹6,000+ crore. •Key Features:Known for its disciplined approach and risk-adjusted returns, ICICI Prudential MidCap Fund offers good exposure to mid-sized companies with growth potential.

10. DSP Midcap Fund.

Fund Type: Open-ended Equity Scheme. •Launch Date: November 2006. •Fund Manager: Vinit Sambre. •AUM: ₹13,000+ crore. •Key Features:DSP Midcap Fund is popular for its bottom-up stock picking strategy. It focuses on fundamentally strong businesses that are available at reasonable valuations.

Conclusion

Mid Cap Mutual Funds are ideal for investors looking for a balance between high growth and reasonable stability. These funds have the potential to generate significant long-term returns, especially if investors stay invested during market cycles. However, as with any equity investment, mid-cap funds come with risks. Hence, it’s crucial to assess your risk profile and investment horizon before investing.