Large-cap, mid-cap and small-cap are three different market-cap categories. They all have their own risks. Based on these, mutual funds invest in companies. For example, if there is a mid-cap fund, then it will invest most of the money that comes to it in the shares of mid-cap companies. Midcap companies have a market cap of Rs 5,000 crore to Rs 20,000 crore. There is a very high probability of growth in these companies. So these companies are better for investment. Instead of direct equity investment, you should look for mutual fund schemes that invest in mid-cap category. Here we will give you information about 5 best mid cap funds which have given up to 96% profits to investors in the last one year.
PGIM India Midcap Opportunities Fund
PGIM India Midcap Opportunities Fund has given a whopping return of 95.86% in the last one year. This means that the fund has more than doubled the money of the investors. The fund also gave good returns over the rest of the period. For example, PGIM India Midcap Opportunities Fund has given a return of 44.88 per cent to investors and 18.16 per cent in three months over a period of 6 months.
Axis Midcap Fund
Axis Midcap Fund has also given strong returns in a year. The fund has given 52.66 per cent profit to investors in the last one year. That is, the investors have made a profit of Rs 52.66 thousand on 1 lakh rupees. At the same time, the returns of this midcap fund have been 28.89 per cent in 6 months and 12.59 per cent in three months. You will not be able to get the returns from these funds in FD or any other debt scheme.
Invesco India Midcap Fund
Invesco India Midcap Fund has also performed well in a year. This fund has given excellent returns in the last one year. Invesco India Midcap Fund has given a return of 9.43% to investors in three months. At the same time, its 6-month return was 29.74 per cent and 1-year return 56.25 per cent. Investors invest in mutual funds with full knowledge and research.
Kotak Emerging Equity Fund
The 6-month returns of the Kotak Emerging Equity Fund have also been excellent. The fund has given investors a profit of 39.39 per cent in 6 months. At the same time, the returns of Kotak Emerging Equity Fund for the last 3 months have been 15.77%. Talking of 1 year, Kotak Emerging Equity Fund has given a return of 73.64% in a year.
Tata Midcap Growth Fund
Tata Midcap Growth Fund also had a spectacular 6-month return. The fund made a profit of 33.30 per cent in 6 months. The Tata Midcap Growth Fund has returned 14.38 per cent for the past 3 months. Looking at 1 year, Tata Midcap Growth Fund has given a return of 61.74% in a year. 61.74 per cent return means a profit of Rs 61.74 thousand straight at Rs 1 lakh.
