Top Midcap Mutual Funds Achieve Up to 25% Annualized Returns Over Three Years
Top 5 midcap mutual funds deliver up to 25% annualised returns in 3 years; Invesco India Mid Cap leads
The Economic Times
Image: The Economic Times
Midcap mutual funds have shown impressive performance, with annualized returns reaching up to 25.3% over the past three years. The Invesco India Mid Cap Fund leads the category, followed closely by Nippon India Growth Mid Cap and WhiteOak Capital Mid Cap Funds.
- 01Invesco India Mid Cap Fund tops the list with 25.3% annualized returns.
- 02Nippon India Growth Mid Cap and WhiteOak Capital Mid Cap Funds both achieved 25.2% returns.
- 03ICICI Prudential Midcap Fund and Edelweiss Mid Cap followed with 24.6% and 24.5% returns, respectively.
- 04Five funds lagged significantly, offering returns between 12.4% and 14.7%.
- 05The performance of midcap funds reflects strong market conditions and investor confidence.
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Midcap mutual funds have delivered impressive annualized returns of up to 25.3% over the past three years, signaling a robust performance in the market. The Invesco India Mid Cap Fund leads the pack with an annualized return of 25.3%, closely followed by the Nippon India Growth Mid Cap Fund and the WhiteOak Capital Mid Cap Fund, both achieving 25.2%. The ICICI Prudential Midcap Fund and Edelweiss Mid Cap also performed well, with returns of 24.6% and 24.5%, respectively. In contrast, five funds, including Taurus Mid Cap and DSP Nifty Midcap 150 Quality 50 ETF, lagged behind, offering returns between 12.4% and 14.7%. This performance highlights the potential of midcap funds in a favorable market environment, attracting investors looking for growth opportunities.
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The performance of midcap mutual funds can influence investor decisions, potentially leading to increased investments in these funds and impacting the overall market.
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