Top 3 Midcap Mutual Funds That Tripled Investors’ Wealth in Just 5 Years
Mid-cap mutual funds have become popular for their potential to deliver higher returns. There are several mid-cap funds which tripled the wealth of investors as they delivered impressive returns of over 25% per annum during the past five years.
Top 3 Mid-Cap Mutual Funds Based on 5-Year Annualised Returns
Here are the three mid-cap mutual funds that have tripled the investors’ wealth in the past five years.
Quant Midcap Fund
Quant Midcap Fund is the best performing mid-cap fund and has delivered 30.24 percent annualised return over 5 years. In other words, it has grown ₹1 lakh investment to ₹3.75 lakh in a five-year period.
- Launch Date: 01-01-2013
- AUM (in Cr): ₹8,782.38
- NAV: ₹224.75
Baroda BNP Paribas Mid Cap Fund
Baroda BNP Paribas Mid Cap Fund is among the top-three mid-cap funds and has delivered the annualised 28.14% return over the past five years, which means it has grown ₹1 lakh investment to ₹3.45 lakh.
- Launch Date: 01-01-2013
- AUM (in Cr): ₹2,186.47
- NAV: ₹107.73
Motilal Oswal Midcap Fund
Motilal Oswal Midcap Fund is among the top performers in the mid-cap fund category and has posted 27.88% annualised returns in the last 5 years, which means an investment of ₹1 lakh has grown to ₹3.42 lakh.
- Launch Date: 24-02-2014
- AUM (in Cr): ₹26,421.09
- NAV: ₹106.30
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.