Seven mid-cap SIP (Systematic Investment Plan) mutual funds have delivered the best returns over the last three years. A monthly investment of ₹22,222 in the top-performing scheme has grown to ₹15,07,277. This shows the strong performance of these funds.
Reputable institutions like Motilal Oswal, HSBC, Nippon India, and Invesco manage these funds. They have consistently provided attractive returns. This makes them appealing for investors seeking substantial growth in their portfolios.
Mid-cap SIP mutual funds can deliver higher returns compared to large-cap funds. However, they come with higher risks due to mid-cap stock volatility. Despite this risk, these funds have outperformed major market indices like Nifty and BSE over the specified period.
The Motilal Oswal Midcap Fund stands out among the top performers. It turned a monthly investment of ₹22,222 into ₹15,07,277 in three years. Other notable funds include HSBC Midcap Equity Fund, Nippon India Growth Fund, and Invesco India Mid Cap Fund. These funds have shown exceptional performance, making them excellent choices for investors aiming for high returns.
It is crucial to evaluate mutual funds based on historical performance, fund manager expertise, and expense ratios. Investors should also consider their risk tolerance and investment goals before selecting mid-cap SIP mutual funds.
In conclusion, these top seven mid-cap SIP mutual funds offer great investment opportunities. They have the potential for significant returns over a three-year period. Investors looking for substantial growth may find these funds to be a valuable addition to their investment strategy.