PEAKLIFE

By Kratika Agarwal

Mutual funds are proven smart decisions for all the money-makers out there. Over the past decade, they’ve become essential tools in money management. While it is considered, a smart move to tick Systematic Investment Plans (SIPs) off your bucket list, you still have to decide which mutual fund is the one. Even if you are getting started or looking for the second-best alternative to invest in, Sneak peek at some top performers. However, doing research is always the best key to getting the desired results. Still, if you’re on the hunt for top-notch mid-cap funds to invest in, you’re in luck—you’ve likely landed in the right spot!

1. Motilal Oswal Midcap Fund

This midcap fund has multiplied wealth by 2.48 times in the last three years. In a recent update, Motilal Oswal Mutual Fund adjusted exit loads to 1% for redemptions in Small and Mid-cap categories to tackle liquidity challenges. This adjustment could benefit those seeking stable, long-term investment options.

2. Invesco India Mid Cap Fund

Considered a top choice among mid-cap funds, Over the past 5 years, it has demonstrated a Compound Annual Growth Rate (CAGR) of 22.38%. With an exit load of 1.00% and an expense ratio of 1.85%, this fund offers solid potential for growth. Investors can start with a minimum investment of Rs 1000, while the minimum Systematic Investment Plan (SIP) amount is Rs 500.

3. Aditya Birla Sun Life Small & Midcap Fund

Mid-cap funds, having solidified their presence in the industry, usually surpass the startup phase with a proven business model. Aditya Birla Sun Life Mid Cap Fund – Regular Plan imposes a 1% exit load for redemptions within 90 days. For those interested in beginning SIPs, the initial investment starts at Rs. 1000.

4. SBI Magnum Midcap Fund

The SBI Magnum Mid Cap Fund Scheme offers unique flexibility with its Systematic Investment Plan (SIP) options. Investors can choose between lump sum or SIP investments. The lump sum scheme has yielded impressive returns: 35.4% in the last year, 21.71% in the last two years, and 21.44% over five years.

5. HDFC Mid-Cap Opportunities Fund

The Indian mid-cap market is now seen as a lively and enticing arena for investors who desire a blend of growth and risk. Despite facing considerable competition, it has consistently yielded satisfactory returns, establishing itself as a suitable mid-cap option for all investors. The HDFC Mid-Cap Opportunities Fund Growth requires a minimum investment of Rs 100, with a minimum SIP also set at Rs 100.