rewrite this title and make it good for SEOTop Midcap Mutual Funds: Rs 5 lakh lump sum investment in 3 schemes has grown to more than Rs 20 lakh in 5 years; see list

Midcap Mutual Fund Schemes: Do you know about midcap mutual funds (also known as ‘mid cap funds’)? Midcap mutual funds are a type of open-ended equity funds that have allocations in stocks of mid-sized businesses. In this article, let’s look at some of the top-performing midcap mutual funds. Five funds have delivered annualised returns to the tune of 30-35 per cent in the last 5 years, according to mutual fund industry body AMFI’s website, amfiindia.com. These funds are: Motilal Oswal Midcap Fund, Quant Mid Cap Fund, Edelweiss Mid Cap Fund, PGIM India Midcap Opportunities Fund and Nippon India Growth Fund. Read on to learn about these MF schemes in detail.

All these midcap funds are benchmarked to the Nifty Midcap 150 Total Return gauge.    

Top Midcap Funds | Take a look at the top-performing midcap mutual funds, as of January 3, 2025:

Scheme
Benchmark(s)
Category
Annualised 5-year Return (%)-Direct

Motilal Oswal Midcap Fund
NIFTY Midcap 150 Total Return Index
Midcap
35.04

Quant Mid Cap Fund
NIFTY Midcap 150 Total Return Index
Midcap
34.65

Edelweiss Mid Cap Fund
NIFTY Midcap 150 Total Return Index
Midcap
32.1

PGIM India Midcap Opportunities Fund
NIFTY Midcap 150 Total Return Index
Midcap
30.65

Nippon India Growth Fund
NIFTY Midcap 150 Total Return Index
Midcap
30.09

Invesco India Mid Cap Fund
BSE 150 MidCap Total Return Index
Midcap
29.94

Mahindra Manulife Mid Cap Fund
NIFTY Midcap 150 Total Return Index
Midcap
29.84

HDFC Mid-Cap Opportunities Fund
NIFTY Midcap 150 Total Return Index
Midcap
29.73

Kotak Emerging Equity Fund
NIFTY Midcap 150 Total Return Index
Midcap
28.55

SBI Magnum Midcap Fund
NIFTY Midcap 150 Total Return Index
Midcap
28.01

Midcap Mutual Fund Estimated Lump Sum Returns in 5 Years 

Data shows that the top 10 funds in this category have rewarded investors with annualised returns of 28-35 per cent over 5 years.

Now, let’s interpret these returns.

What these returns mean is that one-time investments of Rs 5 lakh in each have grown to approximately Rs 17.18-22.42 lakh in the 5-year period, as per calculations. 

Also, the top three schemes have grown to at least Rs 20.11 lakh, calculations show. 

ALSO READ: Top 7 Flexi Cap Mutual Funds With up to 52% SIP Return in 1 Year: Rs 20,000 monthly SIP investment in No. 1 fund has generated Rs 3.02 lakh; know about others too

Midcap MF Estimated SIP Returns

Now, let’s get to SIP returns.

A monthly SIP of Rs 1,000 in each fund has grown to about Rs 1.2-1.70 lakh in the 10 schemes in the 5-year period. 

Read more on the power of compounding