Midcap mutual funds invest in midcap company. But midcap fund gives high returns compare to large cap funds. However, compare to other equity funds they are risk. Therefore invest in good midcap mutual funds is key for your long term savings. Hence, you can check Top performing Infra Mutual fund.
Best 5 Midcap Mutual Funds to invest
Best Midcap Mutual fund in India have been analyze on some key factor. Therefore these midcap funds picked base on high returns received in last 3 and 5 years. Since, markets have reached peak. Hence, you can consider 3 months returns while ranking these funds.
Further, if you are looking for long term to invest. And ready to take high risk to get high returns. Probably, you can invest in these midcap mutual funds. Therefore you are ready to invest for long term in case of any market crash. However, you can fetch your amazing returns after 5-10 years. Hence, see below top 5 midcap mutual funds.
Mirae Asset Equities Blue Chip Fund
However, this funds plan to make income and capital approval from diversify portfolio. Moreover, mostly invest in Indian equities and equity related securities of companies. Therefore this fund has beaten its benchmark. And provide 31% annual returns in last 5 years. Hence, this fund gave 44% returns in last 1 year.
Probably, this fund is rated by Crisil as Rank-1. And this fund is highest among midcap funds. But it gives high returns in last 1-5 years. Therefore this fund risk grade is low and return grade is high. Hence, good midcap mutual fund to invest for long term of 10-15 years.
Birla SL Pure Value Fund
Further this scheme wants to make continuous long term capital appreciation. But they mostly invest in equity and equity securities. Therefore fund beaten its benchmark and provide 28% annual returns in last 5 years. Hence, in last 1 year this fund gives 40% returns.
Similarly, it is second highest among midcap funds. And this fund is rated by Crisil as rank-3. But this fund is second highest returns in last 5 years. Hence, risk grade is above average and return grade is high. Therefore check list of Midcap Mutual fund
Principal Emerging Blue-chip Fund
Probably, this scheme invests between 65% to 95% in midcap stocks. And that has compare to benchmark Nifty Midcap 100 index and 5-15% in small cap stocks. But in last 5 years it provides 28% annual returns. Therefore this fund is third highest among midcap funds.
However, this fund as rank-1 by Crisil. And fund risk grade is below average and high return grade. Therefore in last 5 years it has beaten and given second highest returns.
Franklin India Prima Fund
In addition, mutual fund object is to invest in midsized companies. And it gave 27% annual returns in last 5 years. Because, in last 1 year this fund gave 33% returns. Moreover, this fund is 4th highest among midcap funds. But this fund is rated as Rank-3.
However, fund gives second high returns in last 1 year. Because, this fund risk grade is below average and return grade is above average. Hence, you can invest for long term of 10-15 years. Therefore, see list of Midcap stock in NSE and BSE exchange
UTI Midcap Fund
Probably, this fund objective is to invest in midsized companies. Moreover, in last 5 years it provides 27% annual returns. And in last 1 year this fund gave 27% returns. But this fund is 5th highest among midcap funds. Therefore risk grade of fund is below average and return grade is above average. Hence, this fund has Rank-3. However, you can see below table of top 5 Midcap Mutual Fund.
|Top 5 Midcap Mutual Fund|
|Mutual Fund Scheme||Crisil Rank||Rating (out of 5)||Asset under management (Rs Crore)||3 mths||1 yr||3 yr||5 Yr|
|Mirae Asset Equities Blue Chip Fund||Rank-1||5 star||3,532||14%||44%||36%||31%|
|Birla SL Pure Value Fund||Rank-3||4 star||1,059||14%||40%||31%||28%|
|Principal Emerging Blue chip Fund||Rank-1||4 star||884||13%||40%||32%||28%|
|Franklin India Prima Fund||Rank-3||4 star||5,389||12%||33%||30%||27%|
|UTI Midcap Fund||Rank-3||4 star||3,828||11%||27%||30%||27%|
Finally, funds are rate by Crisil as rank-1, rank-2 and rank-3. Therefore it indicates good basics for these top 5 Midcap mutual funds. Moreover, you can see best midcap mutual fund for sip. And you can check at SIP returns on these funds from last 5 years. However, these entire funds have strong track record of performance.