Download App
Current Complaints | Help Center| Subscribe
Money Works 4 Me Logo MoneyWorks4Me
Talk to Advisor
Login Get Free Account
Sign Up

MoneyWorks4Me

Log In Sign Up Schedule Free 15‑min Call
Login Get Free Account
Sign Up

Best Mid Cap Mutual Funds 2026

Mid cap funds invest in mid-sized companies according to average market capitalisation (Rs. 500 crore to Rs. 10000 crore). Minimum investment in Equity & Equity-related instruments of Mid-Cap companies is 65% of total assets.
Compare Funds
sort up
 sort down
Fund Name
sort up
 sort down
NAV (Rs.)
sort up sort down
AUM (Cr.)
sort up sort down
Returns Since
inception (%)
Returns
sort up
 sort down
Past
sort up
 sort down
Avg Rolling
 CAGR
Fund DeciZen
sort up sort down
P(%)
sort up sort down
Q
Mahindra Manulife Mid Cap Fund(G)-Direct Plan
38.75 5,058
16.8
30 Jan' 18
5.63
14.15
14.8
N/A
22.22
25.30
24.56
N/A
 cagr
25
Q
ITI Mid Cap Fund(G)-Direct Plan
24.47 1,453
17.3
05 Mar' 21
7.9
16.55
13.21
N/A
20.28
24.89
17.04
N/A
 cagr
25
Q
Edelweiss Mid Cap Fund(G)-Direct Plan
121.91 19,230
20.6
01 Jan' 13
5.02
17.81
15.83
16.79
22.14
21.17
20.78
20.61
 cagr
21
Q
Kotak Mid Cap Fund(G)-Direct Plan
160.14 66,613
19.4
01 Jan' 13
1.53
14.5
14.22
15.67
20.94
20.89
20.55
20.45
 cagr
21
Q
HDFC Mid Cap Fund(G)-Direct Plan
219.82 1,01,856
19.5
01 Jan' 13
3.54
14.63
16.92
15.79
20.81
20.24
19.51
19.37
 cagr
20
Q
Mirae Asset Midcap Fund(G)-Direct Plan
41.19 19,539
21.7
29 Jul' 19
5.73
13.03
13.25
N/A
26.98
24.54
24.50
N/A
 cagr
25
Q
Union Midcap Fund(G)-Direct Plan
54.47 1,906
29.5
23 Mar' 20
6.75
14.12
12.9
N/A
27.42
23.96
23.21
N/A
 cagr
24
Q
Invesco India Midcap Fund(G)-Direct Plan
227.58 15,749
20.4
01 Jan' 13
7.15
20.76
17.16
17.53
21.43
20.64
20.25
20.12
 cagr
21
Q
Motilal Oswal Midcap Fund(G)-Direct Plan
114.95 40,208
21.3
24 Feb' 14
0.16
16.47
18.66
16.43
20.30
20.46
19.52
19.29
 cagr
20
Q
Nippon India Growth Mid Cap Fund(G)-Direct Pla...
4744.87 50,176
17.6
01 Jan' 13
5.44
15.96
16.09
16.95
21.31
19.90
19.20
19.03
 cagr
20
Q
Quant Mid Cap Fund(G)-Direct Plan
240.19 7,654
16.1
07 Jan' 13
4.17
8.65
13.44
16.93
20.80
19.62
19.48
19.05
 cagr
20
Q
HSBC Midcap Fund(G)-Direct Plan
519.79 16,800
19.8
01 Jan' 13
16.64
20.89
16.53
14.35
20.15
19.17
18.22
18.14
 cagr
19
Q
Tata Mid Cap Fund(G)-Direct Plan
497.73 5,860
18.3
01 Jan' 13
3.51
12.18
12.88
14.24
19.08
18.72
18.58
18.46
 cagr
19
Q
Axis Midcap Fund(G)-Direct Plan
137.73 33,528
18.2
01 Jan' 13
4.92
14.19
11.22
16.05
19.19
18.72
19.21
19.08
 cagr
19
Q
Baroda BNP Paribas Mid Cap Fund(G)-Direct Plan
127.05 2,503
18.3
02 Jan' 13
6.3
13.63
12.83
13.64
19.14
18.63
18.27
18.17
 cagr
19
Q
ICICI Pru Mid Cap Fund(G)-Direct Plan
365.37 7,961
18.8
01 Jan' 13
12.02
19.06
15.25
15
20.09
18.39
18.01
17.85
 cagr
18
Q
PGIM India Midcap Fund(G)-Direct Plan
73.93 10,537
16.8
02 Dec' 13
-0.48
9.48
8.54
14.64
19.63
18.12
18.64
17.68
 cagr
18
Q
SBI Midcap Fund(G)-Direct Plan
259.89 23,282
17.6
01 Jan' 13
2.89
8.56
11.76
13.09
17.45
17.78
17.80
17.61
 cagr
18
Q
Sundaram Mid Cap Fund(G)-Direct Plan
1540.01 13,854
17.1
02 Jan' 13
3.54
15.57
14.94
12.68
17.94
17.57
16.53
16.40
 cagr
18
Q
Franklin India Mid Cap Fund(G)-Direct Plan
3012.29 12,156
17.3
01 Jan' 13
0.08
13.26
11.63
12.73
17.47
17.54
16.98
16.88
 cagr
18
Q
DSP Midcap Fund(G)-Direct Plan
163.12 19,488
16.3
01 Jan' 13
1.09
11.65
9.72
12.17
17.10
17.16
16.86
16.81
 cagr
17
Q
UTI Mid Cap Fund(G)-Direct Plan
334.37 11,920
17.5
01 Jan' 13
2.01
9.71
10.1
12.86
17.02
17.07
17.32
17.17
 cagr
17
Q
Taurus Mid Cap Fund(G)-Direct Plan
133.91 138
15.8
01 Jan' 13
5.82
8.97
11.27
13.23
16.82
16.84
16.76
16.69
 cagr
17
Q
Aditya Birla SL Midcap Fund(G)-Direct Plan
910.14 6,550
15.8
01 Jan' 13
5.77
12.61
12.11
11.56
17.04
16.43
15.72
15.58
 cagr
16
Q
LIC MF Midcap Fund(G)-Direct Plan
33.30 369
13.2
25 Jan' 17
4.22
13.63
11.05
11.27
15.22
16.22
16.53
12.90
 cagr
16
Q
WOC Mid Cap Fund(G)-Direct Plan
22.43 7,540
21.8
07 Sep' 22
10.87
18.58
N/A
N/A
26.56
25.40
N/A
N/A
 cagr
25
Q
JM Mid Cap Fund(G)-Direct Plan
21.74 1,303
22.1
21 Nov' 22
8.29
16.07
N/A
N/A
25.79
23.17
N/A
N/A
 cagr
23
Q
Bandhan Mid Cap Fund(G)-Direct Plan
19.77 2,519
17.8
18 Aug' 22
8.09
15.34
N/A
N/A
22.09
20.85
N/A
N/A
 cagr
21
Q
Canara Rob Mid Cap Fund(G)-Direct Plan
18.65 4,993
17.5
02 Dec' 22
4.72
14.7
N/A
N/A
21.04
19.68
N/A
N/A
 cagr
20
Q
The Wealth Company Mid Cap Fund(G)-Direct Plan
9.30 172
-31.5
04 Aug' 26
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
 cagr
N/A
Q
Samco Mid Cap Fund(G)-Direct Plan
9.67 75
-4.9
10 Feb' 26
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
 cagr
N/A
Q
Bank of India Mid Cap Fund(G)-Direct Plan
10.36 729
3.1
22 Aug' 25
4.07
N/A
N/A
N/A
5.83
N/A
N/A
N/A
 cagr
N/A
Q
TRUSTMF Mid Cap Fund(G)-Direct Plan
11.81 687
34.1
20 Mar' 26
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
 cagr
N/A
Q
Helios Mid Cap Fund(G)-Direct Plan
13.60 2,348
21.4
13 Mar' 25
9.11
N/A
N/A
N/A
13.03
N/A
N/A
N/A
 cagr
N/A
Q

Categories:

Flexi Cap Funds Large Cap Funds Mid Cap Funds Small Cap Funds Multi Cap Funds Large & Mid Cap Funds Tax Saver Funds Index Funds ETF Funds

Fund House (AMC):

Aditya Birla Axis BNP Paribas DSP Franklin HDFC ICICI Bandhan Invesco Kotak L&T Mirae Motilal PPFAS Quantum Nippon SBI Sundaram Tata UTI NAVI

FAQs

Mid cap funds invest a major percentage of their AUM in mid-sized companies according to average market capitalisation (Rs. 500 crore to Rs. 10000 crore). Minimum investment in Equity & Equity-related instruments of Mid-Cap companies is 65% of total assets.
The process of choosing best mid cap funds for investment does not entirely differ from that involved in choosing other stocks. Finding a good Mutual Fund to invest in requires you to answer 3 essential questions:
  1. What is the Right Fund? – Check quality of Holdings, consistency of returns,
  2. What is the Right Time to buy? – Check portfolio valuation and fund manager investment strategy
  3. What is the Right Allocation? – Check if the fund suits your risk profile

Read our blog , 'If not past returns, then how do you select the right Equity Mutual Fund to invest in?' for details

Fund Name AUM (Cr.) Returns Since inception 5 Yr Avg Rolling Quality Performance
HDFC Mid-Cap Opportunities Fund 21,817 14.2 18.96 Somewhat Good Very Good
Axis Midcap Fund 6,949 16.9 17.7 Very Good Not Good
Invesco India Midcap Fund 1,009 13.7 17.44 Somewhat Good Somewhat Good
DSP Midcap Fund 8,407 14.4 16.86 Very Good Very Good
Sundaram Mid Cap Fund 5,243 23.3 16.47 Somewhat Good Somewhat Good
Mid-sized companies faster growth rates than large-caps, but are also more risky. Risk comes from being unable to maintain the high growth rates consistently and leverage taken to support such growth. As a result, they are also more risky and volatile than large cap funds. However, as mid cap companies perform better during a bull run they deliver astonishing returns, sometimes even outperforming large cap funds.
Every fund is assessed on the following:
  1. Consistent Outperformers : Track record of having generated returns above a benchmark on a 3-year rolling basis. Consistent performers are Green, followed by Orange. Red have an inconsistent track record on outperforming the index.
  2. The average 3-year rolling returns number appears in the first button.
  3. Quality of Portfolio is assessed based on the quality of each stock held. Predominantly high quality stocks get a Green second button, followed by Orange and Red (large amount of risky stocks).
  4. Upside Potential: Every fund is assessed on what returns it could deliver in the next 5 years based on it.
Select the fund that is Green on Performance which shows it has consistently outperformed the index. Select one with a high average 3-year rolling returns - the number in the first button. And select one with a Green rating on Quality-the second button.
Use the Funds Screener and select the category. It shows the funds with Green on Performance and Quality right on the top. The ones with the higher average 3-year rolling returns are ranked the highest. Funds with less than 5 years returns history are colored Grey on Performance. Since the track record is not for an adequately long period they feature lower in the list.
Build a well-diversified portfolio with funds that assures you of a stable growth through market and economic cycles and funds that enhance your portfolio returns over the long run.
  1. Core Funds: Choose from Large cap, Large and Mid cap and Flexicap funds.
  2. Booster Funds
    1. Choose from Mid and Small cap funds.
    2. Select a Sector or Thematic Fund that is likely to outperform in the long term.
Use the Fund Portfolio Analyzer, Sher-ya-Billi to check if your portfolio will deliver healthy returns or disappoint you. Go to Fund Portfolio Analyzer. You can also upload details of your funds in the Portfolio Manager and see the report on this page.
When adding a new fund check how different is the fund compared to your portfolio by using the link in the Right allocation box on the Fund Decision Maker.
Most investors have more, many more funds that they should-over diversified. This tends to reduce returns. Many investors have more of the same i.e. they have funds that have very similar portfolios and hence the fund portfolio is not well-diversified. Either there are too many large cap dominated funds or far too many mid and small cap funds. What you require is a good, balanced mix. Finally investors don't know when to exit a fund and end up carrying it even though the future upside potential is very low.
Loading...
Hold on
You have 99 views remaining. Unlock unlimited fund data views for free. Register Now