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Mid-cap funds are the place to be if you want the sweet spot of lower volatility than small caps and higher growth than large caps. Over the last five years, the best performers have rewarded patient investors with returns that will make you sit up and take notice.
So, here’s a countdown of the six top-performing mid-cap funds based on five-year returns with their top stock holdings. Dive in!
#6: Kotak Emerging Equity Fund (Direct)
- Five-year return: 33.77 per cent
- Assets under management: Rs 49,646 crore
- Expense ratio: 0.44 per cent
Top 5 stock holdings
| Stock | % of assets |
|---|---|
| Coromandel International | 3.46 per cent |
| Fortis Healthcare | 3.41 per cent |
| Ipca Laboratories | 3.20 per cent |
| Mphasis | 3.07 per cent |
| Solar Industries | 2.93 per cent |
#5: HDFC Mid-Cap Opportunities Fund (Direct)
- Five-year return: 35.91 per cent
- Assets under management: Rs 74,910 crore
- Expense ratio: 0.79 per cent
Top 5 stock holdings
| Stock | % of assets |
|---|---|
| Max Financial | 4.45% |
| Federal Bank | 3.36% |
| Balkrishna Industries | 3.34% |
| Indian Hotels | 3.31% |
| Ipca Laboratories | 3.01% |
#4: Quant Mid Cap Fund (Direct)
- Five-year return: 35.97 per cent
- Assets under management: Rs 8,776 crore
- Expense ratio: 0.64 per cent
Top 5 stock holdings
| Stock | % of assets |
|---|---|
| Reliance Industries | 10.44% |
| Aurobindo Pharma | 8.36% |
| IRB Infrastructure Developers | 6.64% |
| Marico | 6.48% |
| Tata Communications | 6.28% |
#3: Edelweiss Mid Cap Fund (Direct)
- Five-year return: 36.44 per cent
- Assets under management: Rs 9,242 crore
- Expense ratio: 0.40 per cent
Top 5 stock holdings
| Stock | % of assets |
|---|---|
| Dixon Technologies | 3.51% |
| Indian Hotels | 3.19% |
| Max Healthcare | 3.18% |
| Marico | 3.07% |
| Solar Industries | 2.79% |
#2: Nippon India Growth Fund (Direct)
- Five-year return: 36.49 per cent
- Assets under management: Rs 34,690 crore
- Expense ratio: 0.74 per cent
Top 5 stock holdings
| Stock | % of assets |
|---|---|
| BSE | 3.47% |
| Cholamandalam Financial | 2.87% |
| Fortis Healthcare | 2.62% |
| Persistent Systems | 2.52% |
| Power Finance Corp | 2.35% |
#1: Motilal Oswal Midcap Fund (Direct)
- Five-year return: 40.02 per cent
- Assets under management: Rs 27,780 crore
- Expense ratio: 0.70 per cent
Top 5 stock holdings
| Stock | % of assets |
|---|---|
| Persistent Systems | 10.06% |
| Coforge | 9.47% |
| Kalyan Jewellers | 8.09% |
| Polycab India | 4.97% |
| Dixon Technologies | 4.35% |
Top 6 mid-cap funds
| Fund name | 5Y return | Value Research Rating |
|---|---|---|
| Motilal Oswal Midcap Fund | 40.02% | ★★★★★ |
| Nippon India Growth Fund | 36.49% | ★★★★ |
| Edelweiss Mid Cap Fund | 36.44% | ★★★★ |
| Quant Mid Cap Fund | 35.97% | ★★★ |
| HDFC Mid-Cap Opportunities Fund | 35.91% | ★★★★★ |
| Kotak Emerging Equity | 33.77% | ★★★★ |
Also check out the top small-cap funds of the last five years.
For well-vetted personalised fund recommendations, explore Value Research Fund Advisor, designed to help you build a smarter, stronger portfolio.
Disclaimer: This content is for information only and should not be considered investment advice or a recommendation.
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