22 April 2022 4:10

What is the best mid cap mutual fund for investment

The following table shows the top mid-cap funds as per the past 3-year and 5-year returns:

Mutual fund 5 Yr. Returns 3 Yr. Returns
Quant Mid Cap Fund Growth 21.61% 29.54%
Baroda Mid-cap Fund Plan A Growth 18.32% 28.06%
Nippon India Growth Fund – Growth 18.82% 27.66%
Tata Mid Cap Growth Fund Regular Growth 18.09% 26.36%

Which mutual fund is best for mid-cap?

Best Mid Cap Funds ranked by ET Money on performance consistency & downside protection

  • PGIM India Midcap Opportunities Fund. Consistency. …
  • Quant Mid Cap Fund. Consistency. …
  • Axis Midcap Fund. Consistency. …
  • Kotak Emerging Equity Fund. …
  • Edelweiss Mid Cap Fund. …
  • UTI Mid Cap Fund. …
  • Baroda BNP Paribas Midcap Fund. …
  • SBI Magnum Midcap Fund.

How do I choose a mid-cap mutual fund?

Things to consider as an investor

  1. The performance of the mid-cap equity fund. You must evaluate the performance of the mid-cap fund first. …
  2. Investment Horizon. …
  3. Your age. …
  4. Expense Ratio. …
  5. Picking an experienced fund manager. …
  6. A quality fund house. …
  7. Your risk appetite. …
  8. Tax planning.

Is SBI Magnum Midcap fund good?

Fund’s Portfolio Quality is Not Good. It has a fair amount of Red and Orange stocks. It might be part of fund’s strategy to hold riskier stocks for higher returns e.g. Small Cap, Value, etc., seek advisor’s help before investing. The fund has a 3/5/9 year CAGR of 22.9%, 13.5% and 21.4% respectively.

Which type of mutual fund is best?

Which mutual fund scheme should I choose? Capital Protection Funds are the best bet for individuals who want to ensure protection of their principal invested amount. Under such schemes, the funds are split between investment in equity markets and fixed income instruments.

Who should invest in midcap funds?

As per Sebi norms, mid cap schemes are mandated to invest in companies that are between 101 and 250 in market capitalisation. These companies can be leaders of tomorrow. That’s what makes them great bets. If these companies live up to the promise, the market will reward investors handsomely.

What is Blue Chip fund?

Blue chip funds are equity mutual funds that invest in stocks of companies with large market capitalisation. These are well-established companies with a track record of performance over some time. However, as per SEBI norms on mutual fund categorisation, you don’t have an official category called Blue Chip funds.

Which is the best mutual fund of SBI?

SBI MF Top Rated Funds

  • SBI Small Cap Fund Direct-Growth. …
  • SBI Magnum Mid Cap Direct Plan-Growth. …
  • SBI Large & Midcap Fund Direct Plan-Growth. …
  • SBI Infrastructure Fund Direct-Growth. …
  • SBI Focused Equity Fund Direct Plan-Growth. …
  • SBI Flexicap Fund Direct-Growth. …
  • SBI Magnum Equity ESG Fund Direct Plan-Growth.

What is SBI Magnum Income Fund?

SBI Magnum Income Fund

The scheme seeks to provide investors an opportunity to generate regular income through investments in debt and money market instruments such that the Macaulay duration of the portfolio is between 4 years and 7 years.

What is SBI debt hybrid fund?

To provide the investors an opportunity to invest primarily in debt and money market instruments and secondarily in equity and equity related instruments. Investments under the fund will be a mix of debt, equity & money market instruments.

What is HDFC corporate bond fund?

An open ended debt scheme predominantly investing in AA+ and above rated corporate bonds. The Fund will invest a minimum of 80% in such bonds.

What is corporate bond funds?

Corporate bond funds are open ended debt funds that invest at least 80% of their assets in the highest rated corporate bonds. Corporate bond funds use credit opportunities of the corporate debt papers to earn returns. These funds are subject to interest rate risk due to their long durations.