Mid cap mutual funds invest in companies ranked 101st to 250th by market capitalisation. These companies are typically in their growth phase, offering higher return potential than large caps while carrying moderate risk. Mid cap funds are well-suited for investors with a 5-7 year investment horizon who can tolerate short-term market fluctuations.
SEBI requires mid cap funds to invest at least 65% of total assets in mid cap stocks. Historically, mid cap funds have delivered superior returns over long periods, though they experience sharper corrections during bear markets. A disciplined SIP approach works best for mid cap investing.
| # | Fund Name | NAV (₹) | 1Y Return ▼ | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| 1 | HSBC Midcap Fund | 505.54 | +16.56% | +27.68% | — |
| 2 | ICICI Prudential MidCap Fund | 374.63 | +11.85% | +25.46% | +19.20% |
| 3 | Helios Mid Cap Fund - Direct Plan - Growth Option | 13.06 | +11.53% | — | — |
| 4 | WhiteOak Capital Mid Cap Fund Direct Plan Growth | 21.87 | +9.60% | +25.50% | — |
| 5 | BARODA BNP PARIBAS Mid Cap Fund - Direct Plan - Growth Option | 129.23 | +8.73% | +21.26% | — |
| 6 | Mahindra Manulife Mid Cap Fund | 40.37 | +8.35% | +23.56% | +20.09% |
| 7 | Mirae Asset Midcap Fund- Direct Growth Option | 40.97 | +6.73% | +20.13% | +16.94% |
| 8 | JM Midcap Fund (Direct) - Growth | 21.19 | +6.28% | +24.14% | — |
| 9 | Kotak Midcap Fund | 162.61 | +6.16% | +21.11% | +18.48% |
| 10 | Union Midcap Fund - Direct Plan - Growth Option | 53.82 | +6.07% | +19.79% | +18.00% |
| 11 | BANDHAN MIDCAP FUND - GROWTH | 19.03 | +5.75% | +20.53% | — |
| 12 | ITI Mid Cap Fund - Direct Plan - Growth Option | 24.38 | +5.40% | +23.95% | +17.24% |
| 13 | Nippon India Growth Mid Cap Fund - Direct Plan Growth Plan - Growth Option | 4,777.16 | +5.19% | +23.59% | +20.87% |
| 14 | Invesco India Midcap Fund - Direct Plan - Growth Option | 222.51 | +5.14% | +25.59% | +21.03% |
| 15 | Tata Mid Cap Fund - Direct Plan- Growth Option | 506.39 | +5.04% | +19.16% | +17.18% |
| 16 | Edelweiss Mid Cap Fund - Direct Plan - Growth Option | 123.02 | +4.81% | +24.29% | +20.61% |
| 17 | Sundaram Mid Cap Fund Direct Plan - Growth | 1,568.94 | +4.69% | +23.00% | +19.13% |
| 18 | HDFC Mid Cap Fund - Growth Option | 220.33 | +4.57% | +21.89% | +20.25% |
| 19 | Axis Midcap Fund | 135.45 | +3.56% | +18.28% | +15.53% |
| 20 | Aditya Birla Sun Life Midcap Fund - Growth | 902.42 | +3.12% | +18.68% | +16.49% |
Data sourced from AMFI & mfapi.in. Returns are annualised CAGR. Past performance doesn't guarantee future results. Last updated: 07 Jun 2026
Frequently Asked Questions
What are mid cap mutual funds?
Mid cap funds invest in companies ranked 101-250 by market capitalisation. These are growing businesses that have the potential to become future large caps, offering a balance between growth and stability.
What returns can I expect from mid cap funds?
Mid cap funds have historically delivered 12-18% CAGR over 5-10 year periods, though past performance does not guarantee future results. Returns vary significantly based on market cycles.
What is the ideal investment horizon for mid cap funds?
A minimum of 5-7 years is recommended for mid cap funds to ride out market volatility and benefit from the compounding effect of long-term growth.
Should I invest via SIP or lump sum in mid cap funds?
SIP is generally preferred for mid cap funds as it averages out the purchase cost over time, reducing the impact of market volatility on your investment.