Top Mid Cap Mutual Funds with Over 20% Returns in Three Years
Invesco India Mid Cap among 5 mid cap mutual funds to offer over 20% CAGR in 3 years
The Economic TimesImage: The Economic Times
Five mid cap mutual funds have achieved returns exceeding 20% over the past three years, with the WhiteOak Capital Mid Cap Fund leading at approximately 23.5%. The Invesco India Mid Cap Fund follows closely with a return of 23.2%, reflecting strong performance in the mid cap segment.
- 01WhiteOak Capital Mid Cap Fund leads with a return of 23.5%.
- 02Invesco India Mid Cap Fund offers a return of 23.2%.
- 03Nippon India Growth Mid Cap Fund follows with a return of 23.1%.
- 04ICICI Prudential Midcap Fund and HSBC Midcap Fund returned 23% and 22.5%, respectively.
- 05Other funds lagged with returns between 11% to 13.9%.
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In the last three years, five mid cap mutual funds have delivered impressive returns of over 20% CAGR. Leading the pack is the WhiteOak Capital Mid Cap Fund, which achieved a return of approximately 23.5%. The Invesco India Mid Cap Fund closely follows with a return of 23.2%, supported by a four-star rating and an assets under management (AUM) of ₹10,772 crore (roughly $1.3 billion USD). The Nippon India Growth Mid Cap Fund also performed well, offering a return of 23.1% and holding a five-star rating with an AUM of ₹43,983 crore (approximately $5.3 billion USD). Other notable funds include the ICICI Prudential Midcap Fund and HSBC Midcap Fund, which returned 23% and 22.5%, respectively. In contrast, several other funds, such as the Taurus Mid Cap and DSP Nifty Midcap 150 Quality Index, lagged behind with returns ranging from 11% to 13.9%.
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Investors in these funds can expect strong growth in their portfolios, potentially enhancing their financial stability and investment returns.
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