Top Performing Mid Cap Funds in 1 Year (September 2023): 11 Schemes With Over 23% Returns

financialexpress.com:

Top Performing Mid Cap Mutual Funds in 1 Year: Several Mid Cap Mutual Fund schemes have given over 20% returns in 1 year till September 5, 2023, according to data on the website of the Association of Mutual Funds in India. Data shows that the direct plan of 11 mid-cap schemes has given over 23% returns while the top-performing scheme in the one-year duration till September 5 has given 33% return.

The following is a list of such 11 mid-cap funds, as per AMFI website data tracked till September 5, 2023. Please note this exercise is for informational purposes only and is not intended to recommend any of the funds mentioned here for investment.

Taurus Discovery (Midcap) Fund

The direct plan of Taurus Discovery (Midcap) Fund has given 33% return while the regular plan has given 32.53% return in 1 year. The scheme tracks NIFTY Midcap 150 Total Return Index, which has given 27.38% return in 1 year.

HDFC Mid-Cap Opportunities Fund

The direct plan of HDFC Mid-Cap Opportunities Fund has given 32.9% return while the regular plan has given 31.99% return in 1 year. The scheme tracks NIFTY Midcap 150 Total Return Index, which has given 27.38% return in 1 year.

Motilal Oswal Midcap Fund

The direct plan of Motilal Oswal Midcap Fund has given 30.02% return while the regular plan has given 28.56% return in 1 year. The scheme tracks NIFTY Midcap 150 Total Return Index, which has given 27.38% return in 1 year.

Also Read: I want to invest 80-90% in small and mid-cap funds for 25-35 years. Is it the right approach?

Mahindra Manulife Mid Cap Fund

The direct plan of Mahindra Manulife Mid Cap Fund has given 28.7% return while the regular plan has given 26.63% return in 1 year. The scheme tracks NIFTY Midcap 150 Total Return Index, which has