₹9.9k Cr: Midcap Funds Surge

₹9,895 crore invested in Invesco India Mid Cap Fund. That's the scale of interest in midcap mutual funds, which have delivered returns of over 20% in the last three years.

Key Numbers at a Glance

AUM: ₹9,895 crore
CAGR: 27.2% in 3 years
Return: Over 20% in the last three years

Top Performing Midcap Funds

Invesco India Mid Cap Fund gave the highest return of 27.2% in the last three years. The fund is assigned a four-star rating and had an AUM of ₹9,895 crore. ICICI Prudential Midcap Fund and HSBC Midcap Fund delivered a return of 27.2% and 27% in the last three years.

Why This Matters to You

With returns of over 20% in the last three years, midcap mutual funds are an attractive option for investors looking to diversify their portfolio. For example, if you had invested ₹10,000 in Invesco India Mid Cap Fund three years ago, your investment would be worth around ₹27,200 today.

Expert View

According to experts, midcap mutual funds are a good option for investors who are willing to take a slightly higher risk. "Midcap funds have the potential to deliver higher returns in the long term," said a fund manager.

Bigger Picture

The performance of midcap mutual funds is a reflection of the overall growth of the Indian economy. With the government's focus on promoting entrepreneurship and small businesses, midcap companies are likely to benefit.

What Should You Do Now?

If you're looking to invest in midcap mutual funds, it's essential to do your research and choose a fund that aligns with your investment goals and risk tolerance. Consider consulting a financial advisor or doing your own research before making a decision.

Frequently Asked Questions

What are midcap mutual funds?

Midcap mutual funds invest in mid-sized companies with a market capitalization of ₹500 crore to ₹10,000 crore.

Should I invest in midcap mutual funds?

Yes, if you're willing to take a slightly higher risk and have a long-term investment horizon.

How do I choose the best midcap mutual fund?

Consider factors such as the fund's performance, expense ratio, and investment strategy.

As the Indian economy continues to grow, midcap mutual funds are likely to remain a popular investment option. Will you be investing in midcap mutual funds this year?

13 Equity Funds Soar 20%+