A number of well-known mutual funds from various market categories have produced remarkable returns during the last five years. Quant Mid Cap Fund is ranked highest among the top 10 best mid-cap mutual funds, according to statistics accessible on the AMFI website. Mahindra Manulife Mid Cap Fund and Motilal Oswal Midcap Fund trail closely behind it.The PGIM India Midcap Opportunities Fund, Edelweiss Mid Cap Fund, and Baroda BNP Paribas Midcap Fund are among the other noteworthy achievers. Among the best performances are the HDFC Mid-Cap Opportunities Fund, Kotak Emerging Equity Fund, SBI Magnum Midcap Fund, and Invesco India Mid Cap Fund. In the mutual fund industry, these funds are preferred by investors who want exposure to mid-cap firms because of their robust growth potential.
The best-performing mutual funds in India for the mid-cap category are shown below. Seven of these 10 have exceeded their goals.
1) 33.33% for the Quant Mid Cap Fund
2) The Midcap Fund of Motilal Oswal, 28.13
3) The 27.21 Mahindra Manulife Mid Cap Fund
4) The 27.12 PGIM India Midcap Opportunities Fund
5)25.89 for the Edelweiss Mid Cap Fund
6) Baroda Midcap Fund (BNP Paribas): 24.87
7) The 24.75-unit HDFC Mid-Cap Opportunities Fund
8) 24.22 Kotak Emerging Equity Fund
9) SBI Magnum Midcap Fund - 24.09 percent
10) The 24.08 Invesco India Mid Cap Fund
Mutual funds with a Mid-cap Size
Mid-cap mutual funds, which invest in medium-sized businesses with bright growth prospects, are great for portfolio diversification. They have a considerable degree of risk associated with them despite having strong development potential. They carry a higher risk than small-cap stocks, but a lower risk than large-cap stocks.
March's inflows into Indian equities mutual funds slowed, according to AMFI statistics.
According to AMFI statistics issued on April 10, inflows into India's equity mutual funds slowed down in March as investor interest in large-cap funds rebounded while small-caps saw withdrawals for the first time since September 2021. All equities categories saw inflows, with the exception of small-cap funds, which saw ₹94 crore move out of their account. Furthermore, the monthly inflow for the Systematic Investment Plan (SIP) increased to ₹19,270 crore in March from ₹19,187 crore in February, marking a new high. The total amount contributed to the SIP was ₹2 lakh crore, which is a 28% increase over the previous year.
