Stock markets have reached peak now. Many stocks have reached a 52 week high. While all mutual funds have been performing well, mid-cap and small cap mutual funds have performed well and gave amazing returns. What are the best performing mid cap mutual funds that gave the highest returns when markets reached peak? Which are the top mid cap mutual funds which you can invest now? How are your mid cap mutual funds performing?
Top 7 Best Midcap and Smallcap Mutual Funds to invest now
These top 7 mutual funds in India have been analyzed and shortlisted based on several key parameters.
- Picked based on highest returns received in the last 5 years.
- Since markets have reached the peak, we have considered 6 months returns too while ranking these funds.
- Funds, which are rated by Crisil as Rank-1, Rank-2 and Rank-3 which indicates good fundamentals for these top 7 Midcap/small cap mutual funds.
- Value research (VRO) rated these mutual funds as 5 star, 4 star and 3 star.
- AUM (Assets under management) > 100 Crores. This proves investor confidence among these top 5 mutual funds.
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Top#1: Franklin India Smaller Companies Fund
Fund Performance: This was my first favorite mid-cap fund, which I have been included in the top 10 funds being recommended. This fund has beaten its benchmark and provided 27% annualised returns in last 5 years.
Why to invest: This fund is rated by Crisil as Rank-1 and Value Research Online as 4 Star. This fund performed well in last 5 years and given 27% annualised return compared to NIFTY free float Midcap 100 of 14%. This fund has limited downturn when markets were volatile and when markets crashed a few months back. If you would have invested ₹ 1,000 per month for 5 years through SIP, your invested value would have been ₹ 60,000 and your investment would have grown to ₹ 131,000. One of the best midcap/smallcap mutual fund to invest now.
Top#2: DSP BR Micro Cap fund
Fund Performance: This was my second favorite mid-cap fund, which I have been included in the top 10 funds being recommended. This fund has beaten its benchmark and provided 27% annualised returns in last 5 years.
Why to invest: This fund is rated by Crisil as Rank-1 and Value Research Online as 4 Star. This fund performed well in last 5 years and given 27% annualised return compared to BSE Midcap / Smallcap returns of 10%.
Even this fund performed well during volatile markets. If you would have invested ₹ 1,000 per month for 5 years through SIP, your invested value would have been ₹ 60,000 and your investment would have grown to ₹ 138,000. One of the top midcap mutual fund one can invest at any time.
Top#3: Mirae Asset Equities Blue Chip Fund
Fund Performance: This is another favorite mid-cap fund, which I have included in last year's top 10 funds. This fund has beaten its benchmark and provided 26% annualised returns in last 5 years.
Why to invest: This fund performed well in last 5 years and given 26% annualised return compared to NIFTY free float Midcap 100 returns of 14%. This fund is rated by Crisil as Rank-1 and Value Research Online as 5 Star. If you would have invested ₹ 1,000 per month for 5 years through SIP, your invested value would have been ₹ 60,000 and your investment would have grown to ₹ 127,000.
Top#4: SBI Magnum Midcap fund
Fund Performance: This fund has beaten its benchmark and provided 25% annualised returns in last 5 years.
Why to invest: This fund performed well in last 5 years and given 25% annualised return compared to NIFTY Midcap 400 returns of 14%. This fund is rated by Crisil as Rank-2 and Value Research Online as 4 Star. If you would have invested ₹ 1,000 per month for 5 years through SIP, your invested value would have been ₹ 60,000 and your investment would have grown to ₹ 128,000.
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Top#5: Reliance Small Cap fund
Fund Performance: This fund has beaten its benchmark and provided 25% annualised returns in last 5 years compared to BSE Smallcap returns of 10%.
Why to invest: This fund performed well in last 5 years and given 25% annualised returns. This fund is rated by Crisil as Rank-2 and Value Research Online as 3 Star. If you would have invested ₹ 1,000 per month for 5 years through SIP, your invested value would have been ₹ 60,000 and your investment would have grown to ₹ 127,000.
Top#6: Franklin India Prima fund
Fund Performance: This fund has beaten its benchmark and provided 24% annualised returns in last 5 years compared to NIFTY 500 of 12% returns.
Why to invest: This fund performed well in last 5 years and given 24% annualised returns. This fund is rated by Crisil as Rank-2 and Value Research Online as 5 Star. If you would have invested ₹ 1,000 per month for 5 years through SIP, your invested value would have been ₹ 60,000 and your investment would have grown to ₹ 120,000.
Top#7: HDFC Midcap opportunities fund
Fund Performance: This is one of my favorite mid cap fund. This fund has beaten its benchmark and provided 22% annualised returns in last 5 years compared to Nifty Free Float Midcap 100 of 14% returns.
Why to invest: This fund performed well in last 5 years and given 22% annualised returns. This fund is rated by Crisil as Rank-3 and Value Research Online as 4 Star. If you would have invested ₹ 1,000 per month for 5 years through SIP, your invested value would have been ₹ 60,000 and your investment would have grown to ₹ 115,000. One of the good midcap mutual fund which performed well in longer run.
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Here is the summary of all the midcap/small cap mutual funds
Suresh
Top 7 Best Midcap and Smallcap Mutual Funds to invest now
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