Top 5 Performing Mid-Cap Funds
The NIFTY delivered 7.6% in the last 6 months. Which are the top performing Mid-Cap Funds during the same period (as of yesterday). The basic list is from moneycontrol. The minimum AUM was 500 crores and only regular plans were considered (no direct plans)
Reliance Growth Fund – Growth – 4.41%
Axis Midcap Fund – Growth – 2.7%
Here is how the 3 year list is looking (returns are per annum)
L&T Midcap Fund – Growth – 14.1%
Axis Midcap Fund – Growth – 13.1%
Reliance Growth Fund – Growth – 12.3%
Looking at both the lists, Reliance Growth, DSP Mid-Cap Fund and Axis Midcap Fund – Growth appear to be consistent performers being in the top 5 of both lists. HDFC Mid-Cap Opportunities Fund – Growth is ranked 6th in the last 6 months list
Tata Mid Cap Growth Fund – Regular Plan – Growth is ranked 9th in the 3 years ranking list while Motilal Oswal Midcap 30 Fund – Growth was ranked 15th in the 3 year list indicating signficant improvement.
L&T Midcap Fund – Growth – which was 1st in the last 3 years group is in the 19th position in the last 6 months group. Momentum is trending downwards.