Before investing in a mutual fund scheme, investors often compare the past returns given by that scheme with other mutual fund schemes of the same category. From the investors’ point of view, the percentage of return indicates the future growth potential of the scheme. However, experts have slightly different views. They say that it is not appropriate to rely only on returns, yet last year’s returns play an important role in the investor’s decision making process.
Here you will be presented with a list of best performing mutual funds in mid-cap and small-cap sectors in the last 5 years. Which has given strong returns to investors. So first of all let’s talk about mid cap mutual funds.
Mid-cap funds are equity investment funds that invest in growing companies. Through this scheme, the fund house invests about 65 percent in minimum mid cap stocks.
Midcap fund returns in the last 5 years
Mid cap funds 5 year returns (%)
Motilal Oswal Midcap Fund 33.96
Nippon India Growth Fund 31.72
Edelweiss Mid Cap Fund 31.83
PGIM India Midcap Opportunities Fund 31.18
Quant Mid Cap Fund 36.39
(Source: AMFI, returns as on Oct 11, 2024)
Now let’s talk about small cap mutual funds. Small-cap mutual fund is a type of mutual fund that invests at least 65 percent of its assets in equities and equities of small-cap companies.
Small fund returns for last 5 years
Small cap funds 5 year returns (%)
Bank of India Small Cap Fund 38.11
Canara Robeco Small Cap Fund 35.72
Nippon India Small Cap Fund 37.80
Quant Small Cap Fund 48.58
Tata Small Cap Fund 34.72
(Source: AMFI, returns as on Oct 11, 2024)
Disclaimer: This information is for informational purposes only and should not be construed as investment advice. It is recommended to consult a financial advisor before making investment decisions.