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Vipul Das

3 mid cap funds with 3 years of SIP returns over 50%

Amid falling equity markets, small-cap/midcap funds continue to excel in FY22, which is a period when investors should be careful about making new equity investments.

Quant Mid Cap Fund Growth Option Direct Plan

Quant Mid Cap Fund Direct Growth has been rated 5-star by Value Research and the fund was founded on 07-Jan-13. Quant Mid Cap Fund Direct-Growth has a 0.57 per cent cost ratio and 460 crores in assets under management (AUM) with a NAV of 125.06 as of May 24, 2022. The 1-year direct growth returns of the Quant Mid Cap Fund are 18.84 per cent, compared to 8.62 per cent for the Nifty 50 benchmark index. The fund has allocated assets throughout the sectors of services, healthcare, construction, consumer staples, and communication. Indian Hotels Co. Ltd., Ruchi Soya Inds. Ltd., Tata Communications Ltd., Oracle Financial Services Software Ltd., and Reliance Industries Ltd. are the fund's top five holdings.

Period Absolute Returns Annualised Returns
1 Year 5.21 % 9.81 %
2 Year 42.63 % 38.4 %
3 Year 73.25 % 39.18 %
5 Year 94.43 % 26.96 %
Data as of 24th May, 2022. Source: moneycontrol.com    

PGIM India Midcap Opportunities Fund - Direct Plan - Growth

Value Research has given this fund a 5-star rating, and the fund was founded on December 2, 2013. PGIM India Midcap Opportunities Fund Direct-Growth has a low expense ratio of 0.46 per cent and 5,012 crores in assets under management (AUM) as of 31/03/2022, with a NAV of 43.14 as of 24th May 2022. The 1-year direct growth returns of the PGIM India Midcap Opportunities Fund are 14.89 per cent, compared to 8.62 per cent for the benchmark index Nifty 50. The fund holds investments in the Financial, Capital Goods, Materials, Automobile, and Technology sectors, with Persistent Systems Ltd., HDFC Bank Ltd., TVS Motor Co. Ltd., Federal Bank Ltd., and Odisha Cement Ltd. among its top five holdings.

Period Absolute Returns Annualised Returns
1 Year -2.41 % -4.44 %
2 Year 34.44 % 31.4 %
3 Year 68.69 % 37.11 %
5 Year 90.3 % 26.06 %
Data as of 24th May, 2022. Source: moneycontrol.com    

SBI Magnum Midcap Fund - Direct Plan - Growth

SBI Magnum Midcap Fund was launched on 02-Jan-13 and is rated 3-star by Value Research. Although the fund has a high expense ratio of 1.01 percent, SBI Magnum Mid Cap Direct Plan-Growth returns in the previous year were 16.42 percent, compared to 8.62 percent for the benchmark index Nifty 50. As of 31/03/2022, SBI Magnum Mid Cap Direct Plan-Growth has 7,136 crores in assets under management (AUM) and a NAV of 142.92 as of 24th May 2022. The majority of the money in the fund is invested in the automobile, financial, capital goods, consumer discretionary, and services sectors. Sheela Foam Ltd., Page Industries Ltd., TI Financial Holdings Ltd., Schaeffler India Ltd., and Thermax Ltd. are the fund's top five holdings.

Period Absolute Returns Annualised Returns
1 Year 1.52 % 2.84 %
2 Year 33.79 % 30.83 %
3 Year 55.9 % 31.09 %
5 Year 65.92 % 20.37 %
Data as of 24th May, 2022. Source: moneycontrol.com    
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