₹10K SIP to ₹10L+ in just 5 yrs: 6 mid-cap funds that did it

Summary: Mid-cap funds are known for their ‘high risk, high reward’ nature. But for investors who stayed the course, they have delivered rich gains over the long term. Here, we look at six mid-cap funds that turned a simple Rs 10,000 SIP into substantial wealth in just five years. Mid-cap funds invest at least 65 per cent of their assets in mid-cap stocks, ranked 101-250 by market capitalisation. Wedged between the sturdy large-cap funds and fast-growing small-cap funds, mid-cap funds have managed to hold their ground, delivering nearly 21 per cent annualised returns over a five-year period. And so, we decided to look at the top-performing mid-cap funds of the last five years, which grew a simple Rs 10,000 SIP into at least Rs 10 lakh during the same period. Let’s dive in. #6 Motilal Oswal Mid Cap Fund Five-year SIP return: 20.87 per cent Value of a Rs 10,000 monthly SIP after five years: Rs 10.11 lakh Assets under management (AUM): Rs 36,880 crore Expense ratio: 0.77 per cent Top 5 stock holdings Stock % of assets Persistent Systems 10.15 Coforge 8.91 Eternal 5.77 Bharti Airtel 5.43 Bharti Hexacom 3.7   #5 ICICI Prudential Midcap Fund Five-year SIP return: 20.91 per cent Value of a Rs 10,000 monthly SIP after five years: Rs 10.01 lakh Assets under management (AUM): Rs 7,132 crore Expense ratio: 1.04 per cent Top 5 stock holdings Stock % of assets Muthoot Finance 4.41 Jindal Steel 4.12 MCX 3.87 UPL 3.86 APL Apollo Tubes 3.82 #4 Nippon India Growth Mid Cap Fund Five-year SIP return: 21.57 per cent Value of a Rs 10,000 monthly SIP after five years: Rs 10.26 lakh Assets under management (AUM): Rs 42,124 crore Expense ratio: 0.74 per cent Top 5 stock holdings Stock % of assets BSE 3.19 Fortis Healthcare 2.84 The Federal Bank 2.6 AU Small Finance Bank 2.6 Persistent Systems 2.45 #3 Edelweiss Mid Cap Fund Five-year SIP return: 22.20 per cent Value of a Rs 10,000 monthly SIP after five years: Rs 10.43 lakh Assets under management (AUM): Rs 13,650 crore Expense ratio: 0.42 per cent Top 5 stock holdings Stock % of assets Persistent Systems 2.93 Coforge 2.43 Marico 2.39 MCX 2.24 BSE 2.21 #2 Invesco India Mid Cap Fund Five-year SIP return: 22.35 per cent Value of a Rs 10,000 monthly SIP after five years: Rs 10.45 lakh Assets under management (AUM): Rs 10,296 crore Expense ratio: 0.54 per cent Top 5 stock holdings Stock % of assets The Federal Bank 5.79 AU Small Finance Bank 5.73 L&T Finance 5.17 Swigg