For those considering investments in midcap mutual funds this April, five funds have been highlighted based on their performance metrics over the last three years. The PGIM India Midcap Fund, launched in December 2013, stands out with a return of 26.2%. The Invesco India Midcap Fund, established in April 2007, follows closely with a 24.8% return, having moved from the second to the first quartile in the last 11 months. The Kotak Midcap Fund, launched in March 2007, has provided a 24.1% return, while the Tata Mid Cap Fund, which started in July 1994, has achieved a 23.8% return. The Axis Midcap Fund, initiated in February 2011, has shown a 22% return but has fluctuated in quartile rankings over the past year. Investors are advised to consider these funds only if they possess a high-risk tolerance and are prepared for a long-term investment of seven to ten years to better manage market volatility.