4 Top Performing Mid Cap Schemes to Add to Your Investment Wish List |
Posted: July 11, 2018 |
When we take an average of small cap and large cap schemes, the end result we get are the mid cap mutual fund schemes. The risk of these schemes are not as high as small caps, and the returns they provide are better than large caps. Today, we are going to discuss 4 mid-cap schemes that you can consider if you are planning on investing in this category. Aditya Birla Sun Life Pure Value Fund (G) This scheme was launched on Mar 27, 2008, with the objective to provide consistent long term growth by investing predominantly in mid cap equities by following a value stock picking strategy. This scheme has given returns of 3.94%, 13.38%, and 26.87% in 1, 3, and 5 years, respectively. The scheme has beaten its benchmark and category in 3 and 5 years of investment period. The scheme invests mainly in energy, chemical, construction, automobile and FMCG sector. This mid cap fund has a current NAV of Rs 55.49 (as on Jul 05, 2018) and the AUM as recorded on May 31, 2018 is Rs 3895 crore. This is one of the best options for long-term investment. Kotak Emerging Equity Scheme (G) This scheme is launched on Mar 30, 2017, and the returns it has given in 1, 3, and 5 years of time are 2.69%, 12.91%, and 26.77%, respectively (as on Jul 05, 2018). This mid cap fund has a current net asset value of Rs 37.87 (as on Jul 05, 2018) and the assets under management as recorded on May 31, 2018, are Rs 3250 crore. This scheme has one of the best portfolios in mid cap category. You can start an SIP in this fund with a minimum investment amount of Rs 1000 with MySIPonline. HDFC Mid-Cap Opportunities Fund (G) This mid cap fund was launched on Jun 25, 2007, as an open ended scheme. The returns given by the scheme in 1, 3, and 5 years are 5.09%, 13.39%, and 26.03%, respectively (as on Jul 05, 2018). This scheme has also beaten its benchmark at all instances. The top 5 holdings of the scheme are Sundaram Fasteners, Balkrishna Industries, Cholamandalam Invest. and Fin., Hexaware technologies, and Voltas. This scheme has a current NAV of Rs 54.98 (as on Jul 05, 2018) and a whooping AUM of Rs 20,616 crore. The minimum investment that you can make in this scheme is 5000 for the lump sum and Rs 500 for starting an SIP. Mirae Asset Emerging Bluechip Fund (G) One of the best schemes from Mirae Asset, this mid cap fund was launched on Jul 09, 2010. This scheme has a net asset value of Rs 47.65 (as on Jul 05, 2018) and an asset size of Rs 5429 crores (as on May 31, 2018). The scheme has given returns of 2.85%, 16.07%, and 30.24% in 1, 3, and 5 years, respectively (as on Jul 05, 2018). This fund is a great option for investors who are looking for an investment for 5 years and are ready to take moderately high risk with their investments. So, these were the top performing schemes from mid-cap category. As you can see, the past performance of all these schemes are just fabulous but keep in mind that past performance can't decide the future of a scheme. So, before choosing a scheme, first have a look at the performance of the equity market and guide your investments accordingly. If you have any query about these or any other mutual fund schemes, then you can contact our experts at MySIPonline.
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