Are you looking to strike a balance between high growth potential and manageable risk in your investment portfolio? Investing in mid cap funds can be a suitable approach, without exposing yourself to extreme volatility.
Mid cap funds offer present investors with substantial growth opportunities. If you’re eyeing long-term gains over 5 years, here’s a list of popular funds for you. We have curated these mutual funds, considering a high AUM and an impressive return over the last five years.
5 Popular Mid Cap Funds Delivering Nearly 20% Return in 5 Years
Investors choose mid cap mutual funds with high AUM and impressive returns due to their growth potential, liquidity, and stability. Check out these five mid cap funds, listed in terms of their AUM.
1. HDFC Mid-Cap Opportunities Fund – Direct Plan – Growth
HDFC Midcap Opportunities Fund tops the list with an impressive return of 31.33% over the last 5 years. It primarily invests in domestic equities, particularly large and small cap stocks. Some of the key sectors where this fund invests are hotels and resorts, tyres and rubber products, banking, insurance, and healthcare.
- NAV: INR 206.845
- AUM: INR 70,569.7 crore
- 1 year return: 52.40%
- 3 years return: 31.28%
- 5 years return: 31.33%
- Kotak Emerging Equity Fund – Direct Plan – Growth
Returning 31.03% in the last five years, Kotak Emerging Equity Fund ranks second on our list. It primarily invests in mid-cap stocks, with some allocations in large and small-cap equities as well. Some of the major sectors where it invests include industrial plastic products, auto components, software and consulting, aerospace and defence, and real estate.
- NAV: INR 151.568
- AUM: INR 49,023.27 crore
- 1 year return: 54.65%
- 3 years return: 26.94%
- 5 years return: 31.03%
- Nippon India Growth Fund – Direct Plan – Growth
Known for its above-average performance, Nippon India Growth Fund is a great choice for investors looking for mid cap funds. Some of the prime sectors where it invests include finance and investment, industrial plastic products, real estate, and software consulting.
- NAV: INR 4406.6585
- AUM: INR 30,838.94 crore
- 1 year return: 59.28%
- 3 years return: 30.11%
- 5 years return: 31.82%
- Axis Midcap Fund – Direct Plan – Growth
Returning as much as 27.72% over the last 5 years, Axis Midcap Fund is a popular choice in the mid-cap category. This fund mostly invests in industrial plastic products, specialty retail, NBFCs, compressors and diesel engines, and auto components.
- NAV: INR 127.84
- AUM: INR 30,143.58 crore
- 1 year return: 48.36%
- 3 years return: 21.96%
- 5 years return: 27.72%
- SBI Magnum Midcap Fund – Direct Plan – Growth
SBI Magnum Midcap Fund is a top choice in the mid-cap category. It returned 30.10% to investors over the last 5 years. The fund significantly invests in domestic equities, including integrated power utilities, NBFCs, and auto components.
- NAV: INR 264.335
- AUM: INR 20,315.81 crore
- 1 year return: 39.43%
- 3 years return: 25.16%
- 5 years return: 30.10%
Conclusion
Strategically balancing risk and growth potential, the top mid cap funds that we curated present realistic opportunities for wealth-building to investors. All these funds are driven by companies poised for expansion but not as volatile as small caps. The massive AUM of each fund demonstrates how appealing they are to investors. Start building a robust and diversified portfolio and achieve your financial goals with confidence.
