Mid Cap funds invest in equity and equity-related instruments of Mid Cap companies. According to the Securities and Exchange Board of India (SEBI), Mid Cap companies are those that are ranked between 101 and 250 in the list of companies according to market capitalization. Since mid cap companies fall between the small cap and large cap companies, they offer certain advantages and disadvantages to both of them.
Mid cap mutual funds: Low-cost schemes with high returns
Edelweiss Mid Cap Fund – Direct Plan
A one-time investment of Rs 1 lakh turned into Rs 6,21,241 in 10 years with 20.04 per cent CAGR.
Invesco India Mid Cap Fund – Direct Plan
A one-time investment of Rs 1 lakh turned into Rs 6,11,988 in 10 years.
Nippon India Growth Mid Cap Fund – Direct Plan
A one-time investment of Rs 1 lakh turned into Rs 5,89,396 in 10 years.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)
