5 Midcap Mutual Funds with 1 Year Return up to 50 percent

5 Midcap Mutual Funds with 1 Year Return up to 50%

5 Midcap Mutual Funds with 1 Year Return up to 50 percentTop Midcap Mutual Funds with 1 Year Return up to 50%


Midcap mutual funds have been underperforming in the last 2-3 years compared to multicap funds and large cap funds. In the recent bull market, midcap mutual funds started bouncing back. Many stock market experts believe that midcap stocks can be multi-baggers, hence investing in midcap mutual funds can reward investors with high returns in the medium to long run. In this article, we would provide Top 5 Midcap Mutual Funds in 2020 that gave up to 50% returns in the last 1 year and our view on whether we should invest in such funds or not.

Also Read: 5 Top Performing Smallcap Funds that gave up to 60% in 1 year

What are Mid-cap Mutual Funds?

As the name indicates, midcap mutual funds invests in midcap stocks i.e. companies ranked between 101th to 250th based on market capitalization. Midcap stocks are potential large cap / blue chip stocks that may move into such category in the next 5-10 years.

5 Midcap Mutual Funds with 1 Year Return up to 50% – Quick View

Here are the list of top performing Midcap mutual funds in 2020 that gave up to 45% returns.

#1 – PGIM India Midcap Opportunities Fund

#2 – Quant Mid Cap Fund

#3 – UTI Mid Cap Fund

#4 – Baroda Midcap Fund

#5 – SBI Magnum Midcap Fund

5 Midcap Mutual Funds with 1 Year Return up to 50% – Detailed View

Now let us get into more information about these top performing midcap funds in 2020.

#1 – PGIM India Midcap Opportunities Fund

PGIM India Midcap Opportunities Fund invests in midcap companies.

This fund gave 1 Year return of 50% against the midcap benchmark return of 24%.

If one would have invested Rs 1,000 per month through SIP, the investment would have been Rs 12,000 and the value would have grown to Rs 16,400.

This fund currently invests in Coforge, Natco Pharma, Dixon Tech, ACC, Max Financial Services, Voltas, Alembic Pharma, Cholamandalam Investments, Federal Bank, PI Industries etc.,

Our view: PGDIM India midcap Opps fund gave 12% annualized returns in the last 5 years and gave 14.6% annualized return since inception of 7 years. From rolling returns point of view, it is able to beat its peers and benchmark for 1 and 2 years, however, it is under performer for 3 years and 5 years rolling returns. We are still positive on this fund and one can invest in such top performing midcap mutual funds.

#2 – Quant Mid Cap Fund

Even this fund invests in midcap companies.

This fund gave 1 Year return of 37.3% against the equity midcap benchmark return of 24%.

If one would have invested Rs 1,000 per month through SIP, the investment would have been Rs 12,000 and the value would have grown to Rs 16,000.

This fund currently invests in Stylam Industries, Aarti Industries, Prestigate Estates, PI Industries, Sumitomo Chemical, Glenmark Pharma, Sun Pharma, Adani Enterprises, Majesco, Sun TV, Dalmia Bharat, Ajanta Pharma, Bharat Rasayan, Hindustan Aeronautics etc.,

Our view: Quant midcap fund gave 11.2% annualized returns in the last 5 years and gave 10.7% annualized return since inception of 9.5 years. From rolling returns point of view, it is able to beat its peers and benchmark for 1 year only and is under performer for 2 years, 3 years and 5 years rolling returns. There are better funds in this midcap segment.

#3 – UTI Mid Cap Fund

Even this fund invests in midcap companies in India.

This fund gave 1 Year return of 31% against the midcap benchmark return of 24%.

If one would have invested Rs 1,000 per month through SIP, the investment would have been Rs 12,000 and the value would have grown to Rs 15,500.

This fund currently invests in PI Industries, Jubilant Foods, SRF, Mphasis, Escorts, Cholamandalam Investments, Syngene Intl, Tata Consumer products, Apollo Hospitals, Ipca Labs, Whirlpool etc.,

Our view: UTI midcap fund gave gave 11% annualized returns in the last 5 years and gave 17% annualized return since inception of 16 years. From rolling returns point of view, it is able to beat its peers and benchmark for 1 year, 2 years, 3 years and 5 year period. This is top performing midcap mutual fund in both annualized returns and rolling returns (consistency point of view). One should invest in such consistent performing midcap mutual funds.

#4 – Baroda Midcap Fund

Even this fund invests in midcap companies.

This fund gave 1 year return of 31% against the midcap benchmark return of 24%.

If one would have invested Rs 1,000 per month through SIP, the investment would have been Rs 12,000 and the value would have grown to Rs 15,400.

This fund currently invests in City Union Bank, Crompton Greaves, Torrent Power, Aarti Ind, SRF,Ipca Labs, Navin Fluorine, Dalmia Bharat, Gillette, Metropolis Healthcare et.,

Our view: Baroda midcap fund gave 8.2% annualized returns in the last 5 years and gave 1.1% annualized return since inception of 10 years. From rolling returns point of view, it is able to beat its peers and benchmark for 1 year and 2 years. This fund is under performer in the last 10 years. We recommend you to avoid such funds and invest in consistent performing funds.

Also Read: 8 High Return Growth Mutual Funds to invest now

#5 – SBI Magnum Midcap Fund

This fund too invests in midcap companies in India.

This fund gave 1 Year return of 28% against the benchmark return of 24%.

If one would have invested Rs 1,000 per month through SIP, the investment would have been Rs 12,000 and the value would have grown to Rs 15,600.

This fund currently invests in PI Industries, Jubilant Foods, Sheela Foam, Cholamandalam Investments, Ramco Cements, Coromandel Intl, JK Cement, Gujarat State Petronet, Carborundum Universal, Page Industries etc.

Our view: SBI magnum midcap fund gave 8.5% annualized returns in the last 5 years and gave 15% annualized return since inception of 15 years. From rolling returns point of view, it is able to beat its peers and benchmark for 1 year, 3 years and 5 year period. This is a top performer in midcap mutual funds in both annualized returns and rolling returns (consistency point of view). One can invest in such consistent performing mid-cap funds.

If you enjoyed this article, share it with your friends and colleagues through Facebook and Twitter.

Suresh KP

One thought on “5 Midcap Mutual Funds with 1 Year Return up to 50%”

Leave a Reply

Your email address will not be published. Required fields are marked *