Top 10 Mid-Cap Funds with up to 42.5% Annual Returns: Rs 10,000 SIP earns up to Rs 17 lakh in 5 years

Mid-cap funds are well-suited for investors who have a higher risk tolerance and a medium- to long-term investment horizon. While these funds carry more risk compared to large-cap funds, they offer the potential for higher returns.

In this article, we will review the top 10 performing mid-cap funds based on their five-year returns.

All these mid-cap funds have given impressive returns over a five-year period. Motilal Oswal Midcap Fund – Direct Plan – Growth leads with a return of 42.55% per annum, turning a Rs 10,000 monthly SIP into Rs 16.8 lakh.

Quant Mid Cap Fund – Direct Plan – Growth with 40.8% returns has turned the same SIP amount into Rs 16.14 lakh. Other notable funds include the Edelweiss Mid Cap Fund and Nippon India Growth Fund, giving returns of 37.65% and 36.81%, respectively, with SIP values reaching over Rs 15 lakh and Rs 14.74 lakh.

HDFC Mid-Cap Opportunities Fund and Invesco India Mid Cap Fund also showed strong performance, with annual returns of 36.32% and 34.34%, respectively. SIP values of both these mid cap funds stood at Rs 14.56 lakh and Rs 13.90 lakh after 5 years.

Kotak Emerging Equity Fund and Tata Mid Cap Growth Fund provided returns of 34.34% and 33.07%, with SIP values of Rs 13.91 lakh and Rs 13.50 lakh. ICICI Prudential MidCap Fund and HSBC Mid Cap Fund offered returns of 32.78% and +32.42%, translating to SIP values of Rs 13.40 lakh and Rs 13.28 lakh.

Also read – Mutual Fund SIP Calculator: Rs 100 daily investment can take you to Rs 2.61 crore corpus in 20 years – Check out this MF scheme

The table below provides a detailed overview of the top 10 mid-cap funds for 2024, showcasing their returns, expense ratios, and the growth of a Rs 10,000 monthly SIP over 5 years.

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