Top-performing Mid Cap mutual funds in 3 years (August 2023): 12 schemes with over 30% SIP returns
Best-performing Mid Cap Funds in 3 years (till August 2023): Direct plans of as many as 12 top-performing mid-cap mutual funds have given over 30% annualised returns in 3 years. However, only six of these 12 mid-cap schemes have outperformed their respective benchmark indices in this duration, data on the website of the Association of Mutual Funds in India (AMFI) shows.
Following is a list of the 12 top-performing mid-cap funds in 3 years, as per AMFI website data tracked till August 14. Before reading further, you should note that this exercise is for informational purposes only and is not intended to recommend any of the funds mentioned below for investing.
Chasing returns from mutual funds without taking into account your financial goals and risk appetite can be risky. It is, therefore, recommended to consult a professional financial advisor before making any investment decision.
Edelweiss Mid Cap Fund
The direct plan of Edelweiss Mid Cap Fund has given 32.33% annualised returns while the regular plan has given 30.37% returns in 3 years. The scheme tracks NIFTY Midcap 150 Total Return Index, which has given 32.80% returns in 3 years.
HDFC Mid-Cap Opportunities Fund
The direct plan of HDFC Mid-Cap Opportunities Fund has given 34.52% annualised returns while the regular plan has given 33.59% returns in 3 years. The scheme tracks NIFTY Midcap 150 Total Return Index, which has given 32.80% returns in 3 years.
Also Read: SIP schemes with over 20% increase in NAV one year (August 2023)
Kotak Emerging Equity Fund
The direct plan of Kotak Emerging Equity Fund has given 32.57% annualised returns while the regular plan has given 30.95% returns in 3 years. The scheme tracks NIFTY Midcap 150 Total Return Index, which has
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