Top 5 Midcap Mutual Funds to invest in 2017

Top 5 Best Midcap Mutual Funds to invest in 2017Top 5 Midcap Mutual Funds to invest in 2017


Stock markets have reached 30K Sensex now. There are several midcap stocks that have reached 52 week high. This is reflecting in midcap mutual funds returns too. However investing in good midcap mutual funds in 2017 is key for your long term investments. Midcap mutual funds invests in midcap companies in India. These midcap mutual funds has potential to provide higher returns compared to large cap funds. However they are risky compared to other equity funds. Which are the best midcap mutual funds to invest in 2017? Which are the top mid cap mutual funds which you can still bet and invest for next 8-10 years?

Also Read: Top Performing Infra Mutual Funds to invest in India

Top 5 Best Midcap Mutual Funds to invest in 2017


These top 5 mutual funds in India have been analyzed and shortlisted based on several key parameters.

  • Picked based on highest returns received in the last 1,3 and 5 years.
  • Since markets have reached the peak, we have considered 3 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 5 Midcap cap mutual funds.
  • Value research (VRO) rated these mutual funds as 5 star and 4 star.
  • AUM (Assets under management) > 500 Crores. This proves investor confidence among these top 5 mutual funds.
  • Direct Plans are excluded from such list.

Who can invest in these Midcap Mutual funds?


If you are long term investor, willing to take high risk and expecting high returns, you can invest in these midcap mutual funds. You should be willing to invest for long term in case of any market crash or during bullish markets. A typical investment period of 5-10 years can fetch you amazing returns.

Top#1: Mirae Asset Equities Blue Chip Fund


Top 5 Midcap Mutual funds to invest in 2017-mira asset emerging blue chip fund

Fund Objective: This fund aims to generate income and capital appreciation from a diversified portfolio predominantly investing in Indian equities and equity related securities of companies which are not part of the top 100 stocks by market capitalization and have a market capitalization of at least Rs.100 Crores at the time of investment.

Fund Performance: This fund has beaten its benchmark and provided 31% annualised returns in last 5 years. This fund gave 44% returns in the last 1 year which is the highest among the midcap funds. If one would have invested Rs 1,000 per month through SIP in this midcap fund for 5 years period, the investment would have been Rs 60,000 (1,000 x 60 months) and the fund value now would have been Rs 135,000. If you would have invested Rs 1 Lakh, 3 years back, your fund value now would have been Rs 2.5 Lakhs. If you would have invested Rs 1 Lakh, 5 years back, your fund value now would have been Rs 3.8 Lakhs.

Why to invest: This fund has beaten its peers and given highest returns in last 1 year and last 5 years. This fund is rated by Crisil as Rank-1 and Value Research Online as 5 Star. This fund risk grade is “Low” and Return Grade is “High” as per Value Research Online. One of the good midcap mutual fund to invest in 2017 for long term of 10-15 years.  

Top#2: Birla SL Pure Value Fund


Good Midcap Mutual funds to invest in 2017-birla sl pure value fund

Fund Objective: The mutual fund scheme aims generate consistent long-term capital appreciation by investing predominantly in equity and equity related securities by following value investing strategy i.e buying into stocks that are trading for less than their intrinsic value – stocks that the market is undervaluing.

Fund Performance: This fund has beaten its benchmark and provided 28% annualised returns in last 5 years. This fund gave 40% returns in the last 1 year which is the second highest among the midcap funds. If one would have invested Rs 1,000 per month through SIP in this midcap fund for 5 years period, the investment would have been Rs 60,000 (1,000 x 60 months) and the fund value now would have been Rs 126,000. If you would have invested Rs 1 Lakh, 3 years back, your fund value now would have been Rs 2.25 Lakhs. If you would have invested Rs 1 Lakh, 5 years back, your fund value now would have been Rs 3.5 Lakhs.

Why to invest: This fund has beaten its peers and given second highest returns in last 1 year and last 5 years. This fund is rated by Crisil as Rank-3 and Value Research Online as 4 Star. This fund risk grade is “Above Average” and Return Grade is “High” as per Value Research Online. One of the best midcap mutual fund to invest in 2017 for medium to term of 5-10 years.

Top#3: Principal Emerging Bluechip Fund


5 Best Midcap Mutual funds to invest in 2017-principal emerging blue chip fund

Fund Objective: This mutual fund scheme would invest between 65% to 95% in mid-cap stocks that has a market cap compared to benchmark Nifty Midcap 100 Index and 5% to 15% in Small Cap stocks.

Fund Performance: This fund has beaten its benchmark and provided 28% annualised returns in last 5 years. This fund gave 40% returns in the last 1 year which is the third highest among the midcap funds. If one would have invested Rs 1,000 per month through SIP in this midcap fund for 5 years period, the investment would have been Rs 60,000 (1,000 x 60 months) and the fund value now would have been Rs 123,000. If you would have invested Rs 1 Lakh, 3 years back, your fund value now would have been Rs 2.3 Lakhs. If you would have invested Rs 1 Lakh, 5 years back, your fund value now would have been Rs 3.5 Lakhs.

Why to invest: This fund has beaten its peers and given second highest returns in last 1 year and last 5 years. This fund is rated by Crisil as Rank-1 and Value Research Online as 4 Star. This fund risk grade is “Below Average” and Return Grade is “High” as per Value Research Online. One of the top 5 midcap mutual fund to invest now for long term of 8-10 years.

Also Read: Top 10 Mutual Funds (Diversified) for 2017

Top#4: Franklin India Prima fund


5 Good Midcap Mutual funds to invest in 2017-franklin india prima fund

Fund Objective: This mutual fund's objective is to invest in mid sized companies.

Fund Performance: This fund has beaten its benchmark and provided 27% annualised returns in last 5 years. This fund gave 33% returns in the last 1 year which is the 4th highest among the midcap funds. If one would have invested Rs 1,000 per month through SIP in this midcap fund for 5 years period, the investment would have been Rs 60,000 (1,000 x 60 months) and the fund value now would have been Rs 120,000. If you would have invested Rs 1 Lakh, 3 years back, your fund value now would have been Rs 2.2 Lakhs. If you would have invested Rs 1 Lakh, 5 years back, your fund value now would have been Rs 3.3 Lakhs.

Why to invest: This fund has beaten its peers and given second highest returns in last 1 year and last 5 years. This fund is rated by Crisil as Rank-3 and Value Research Online as 4 Star. This fund risk grade is “Below Average” and Return Grade is “Above Average” as per Value Research Online. One of the top and best midcap mutual fund to invest in 2017 for long term of 10-15 years.

Top#5: UTI Midcap Fund


Best Midcap Mutual funds to invest in 2017-UTI midcap fund

Fund Objective: This mutual fund's objective is to invest in mid sized companies.

Fund Performance: This fund has beaten its benchmark and provided 27% annualised returns in last 5 years. This fund gave 27% returns in the last 1 year which is the 5th highest among the midcap funds. If one would have invested Rs 1,000 per month through SIP in this midcap fund for 5 years period, the investment would have been Rs 60,000 (1,000 x 60 months) and the fund value now would have been Rs 117,000. If you would have invested Rs 1 Lakh, 3 years back, your fund value now would have been Rs 2.2 Lakhs. If you would have invested Rs 1 Lakh, 5 years back, your fund value now would have been Rs 3.3 Lakhs.

Why to invest: This fund has beaten its peers and given 5th highest returns in last 1 year and last 5 years. This fund is rated by Crisil as Rank-3 and Value Research Online as 4 Star. This fund risk grade is “Below Average” and Return Grade is “Above Average” as per Value Research Online. One of the good midcap mutual fund to invest for long term of 10-15 years.

Bonus Tip: HDFC Midcap opportunities fund


Fund Objective: This mutual fund's objective is to invest in mid sized companies.

Fund Performance: This fund has beaten its benchmark and provided 26% annualised returns in last 5 years. This fund gave 40% returns in the last 1 year which is the 6th highest among the midcap funds. If one would have invested Rs 1,000 per month through SIP in this midcap fund for 5 years period, the investment would have been Rs 60,000 (1,000 x 60 months) and the fund value now would have been Rs 126,000. If you would have invested Rs 1 Lakh, 3 years back, your fund value now would have been Rs 2.2 Lakhs. If you would have invested Rs 1 Lakh, 5 years back, your fund value now would have been Rs 3.2 Lakhs.

Why to invest: This fund has beaten its peers and given second highest returns in last 1 year and last 5 years. This fund is rated by Crisil as Rank-2 and Value Research Online as 4 Star. This fund risk grade is “Below Average” and Return Grade is “Average” as per Value Research Online. One of the best midcap mutual fund to invest now for long term of 10-15 years.

Also Read: Top Agressive Mutual Funds for higher returns

Overall Summary of top 5 Mid Cap Mutual Funds for 2017


Summary of Top 5 Best Midcap Mutual funds to invest in 2017

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Suresh

Top 5 Best Midcap Mutual Funds to invest in 2017

16 comments

  • lakshmi narasimman R

    Hi Suresh,

    shall i go with the below funds (max 3 and 1000 each for next one year)

    SBI Blue chip Fund

    Mirae Asset Emerging Bluechip fund

    Mirae Asset India Opps Fund or HDFC Balanced fund(which one here?)

    • lakshmi narasimman R

      In addtion to above question, i havee a plan to put RD for Rs. 3000 monthly for a year, instead i thought i can put my money in three different MFs advised by you and make at least 15 to 20% returns. Is this a right approach?

    • Hi Lakshmi Narasimhan, Good funds you can go ahead. Last 2 funds, Mirae Asset India Opps fund is diversified equity fund. It is good fund for diversification. HDFC Balanced fund is hybrid fund and invests upto 65% in equity and balance in debt instruments, hence is low risk compared to other equity funds. Both are good.

  • Gaurang

    What should be the ideal combination of mutual fund categories if your age is between 30-35? Need to understand that how much to put in large cap, mid cap, small cap and diversified equity. Thanks!

    • Hi Gaurav, It depends. If you are high risk taker, invest 50% in midcap/small cap and balance in large cap and diversified. If you are moderate risk taker, invest equally in large cap, midcap/small cap and diversified. If you are low to moderate risk taker, add more in balanced funds and less in large cap funds.

  • Mahesh N S

    Sir
    Could you consider expense ratios of these funds while analyzing them?

  • Ulhas Shetty

    Hi Suresh,
    Franklin India smaller companies MF is not here because it is small cap? Or has it lost its value?
    Was planning to invest in this fund and hence my ask.

    Thanks,
    Ulhas.

    • Hi Ulhas, Frankin India Smaller cos fund is Small cap fund. This article is about Mid-cap funds. I would post another article for Small cap funds.

  • Sudhesh prabhakaran Nair

    How would you like to invest on these funds?SIP or Lumpsum..Please advice

    • SIP is always best. You can invest in lumpsum during market corrections

      • shas

        Hi Suresh, why its better to invest in lumpsum during market corrections? I'm new to trade hence asking for better clarity.

        • Hi Shas, Investment through SIP every month would help you to take care of market peaks and market correction. However when you are investing lumpsum you are investing in mutual funds at a point of time. e.g. now SENSEX is 30K and it may take correction to 28K and it may go new heights of 31K. But you invested at 30K SENSEX, so your returns would be low. However if you invest during corrections, you buy at low NAV and there are chances that markets would recover soon and your returns are high

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