Best Mid Cap Fund Mutual Funds
Mid Cap funds hold at least 65% in companies ranked 101–250 by market capitalisation. Historically they have delivered higher long-run returns than large caps, with noticeably deeper drawdowns along the way.
We currently track 38 direct-plan Mid Cap Fund schemes from 34 fund houses with a median 5-year CAGR of 13.3%. Every figure below is calculated from official daily NAV history and refreshed each day. Use the column headers to re-rank the table by any period — the best 1-year performer is often not the best over 5 or 10 years, which is exactly why we default to the longer horizon.
Showing 38 of 38 schemes · sorted by Y5 low to high · page 1 of 1
- Taurus Mid Cap Fund - Direct Plan - Income Distribution cum Capital WithdrawalTaurus · Equity₹106.41#11Y-7.20%3Y+4.79%5Y+8.19%10Y+11.60%
- PGIM India Midcap Fund - Direct Plan - Direct GrowthPGIM India · Equity₹73.93#21Y-2.95%3Y+10.08%5Y+9.06%10Y+15.49%
- DSP Midcap Fund - Direct Plan - GrowthDSP · Equity₹163.12#31Y-1.45%3Y+11.86%5Y+9.52%10Y+13.48%
- UTI - Mid Cap Fund - Direct Plan - GrowthUTI · Equity₹335.59#41Y-0.53%3Y+10.17%5Y+10.13%10Y+13.34%
- Taurus Mid Cap Fund - Direct Plan - GrowthTaurus · Equity₹133.91#51Y+3.75%3Y+8.76%5Y+10.62%10Y+14.14%
- Motilal Oswal Midcap FundMotilal Oswal · Equity₹45.16#61Y-10.28%3Y+10.86%5Y+11.11%10Y+7.89%
- Motilal Oswal Midcap FundMotilal Oswal · Equity₹47.15#71Y-9.57%3Y+9.70%5Y+11.27%10Y+7.99%
- Franklin India Mid Cap Fund - Direct Plan - GrowthFranklin Templeton · Equity₹3,012.29#81Y-1.92%3Y+13.48%5Y+11.42%10Y+13.76%
- SBI MIDCAP FUND - Direct Plan - GrowthSBI · Equity₹259.89#91Y+1.21%3Y+9.20%5Y+11.62%10Y+13.48%
- Axis Midcap Fund - Direct Plan - Growth OptionAxis · Equity₹137.73#101Y+3.34%3Y+15.18%5Y+11.66%10Y+17.05%
- Aditya Birla Sun Life Midcap Fund - Direct Plan - GROWTHAditya Birla Sun Life · Equity₹910.14#111Y+3.84%3Y+13.36%5Y+12.03%10Y+13.06%
- Tata Mid Cap Fund - Direct Plan - Growth OptionTata · Equity₹499.71#121Y+1.34%3Y+12.65%5Y+12.99%10Y+15.76%
- Mirae Asset Midcap Fund - Direct Plan - GrowthMirae Asset · Equity₹41.19#131Y+2.06%3Y+13.59%5Y+13.32%10Y—
- Union Midcap Fund - Direct Plan - Growth OptionUnion · Equity₹54.68#141Y+4.15%3Y+15.29%5Y+13.33%10Y—
- Quant Mid Cap Fund - Direct Plan - Growth OptionQuant · Equity₹240.19#151Y+1.25%3Y+9.15%5Y+13.88%10Y+17.98%
- ITI Mid Cap Fund - Direct Plan - Growth OptionITI · Equity₹24.47#161Y+4.41%3Y+17.92%5Y+14.29%10Y—
- Kotak Mid Cap Fund - Direct Plan - GrowthKotak Mahindra · Equity₹160.14#171Y-0.91%3Y+15.30%5Y+14.38%10Y+17.03%
- Sundaram Mid Cap Fund - Direct Plan - GROWTHSundaram · Equity₹1,540.01#181Y+0.05%3Y+15.87%5Y+14.79%10Y+13.71%
- Mahindra Manulife Mid Cap Fund - Direct Plan - GrowthMahindra Manulife · Equity₹38.75#191Y+3.16%3Y+15.19%5Y+15.03%10Y—
- ICICI Prudential Mid Cap Fund - Direct Plan - GrowthICICI Prudential · Equity₹365.37#201Y+7.63%3Y+19.22%5Y+15.16%10Y+16.22%
- Nippon India Growth Mid Cap Fund - Direct Plan - Growth OptionNippon India · Equity₹4,744.87#211Y+3.12%3Y+16.48%5Y+15.74%10Y+17.63%
- Edelweiss Mid Cap Fund - Direct Plan - GrowthEdelweiss · Equity₹122.17#221Y+2.45%3Y+18.92%5Y+16.23%10Y—
- HDFC Mid Cap Fund - Direct Plan - Growth OptionHDFC · Equity₹219.30#231Y+1.07%3Y+15.09%5Y+16.56%10Y+16.62%
- Invesco India Mid Cap Fund - Direct Plan - GrowthInvesco · Equity₹227.58#241Y+2.80%3Y+21.31%5Y+17.43%10Y+18.69%
- Motilal Oswal Midcap FundMotilal Oswal · Equity₹99.94#251Y-3.60%3Y+16.30%5Y+18.01%10Y+15.54%
- Motilal Oswal Midcap FundMotilal Oswal · Equity₹115.59#261Y-2.85%3Y+17.40%5Y+19.22%10Y+16.86%
- Baroda BNP Paribas Mid Cap Fund - Direct Plan - Growth OptionBaroda BNP Paribas · Equity₹127.05#271Y+4.45%3Y+14.83%5Y—10Y—
- BANDHAN MID CAP FUND - Direct Plan - GrowthBandhan · Equity₹19.81#281Y+6.44%3Y+17.00%5Y—10Y—
- WhiteOak Capital Mid Cap Fund - Direct Plan - Growth OptionWhiteOak Capital · Equity₹22.43#291Y+8.68%3Y+20.03%5Y—10Y—
- JM Mid Cap Fund - Direct Plan - Growth OptionJM Financial · Equity₹21.74#301Y+5.50%3Y+17.20%5Y—10Y—
- Canara Robeco Mid Cap Fund - Direct Plan - Growth OptionCanara Robeco · Equity₹18.65#311Y+2.81%3Y+15.70%5Y—10Y—
- HSBC Midcap Fund - Direct Plan - GrowthHSBC · Equity₹519.79#321Y+14.16%3Y+22.09%5Y—10Y—
- LIC MF Mid Cap Fund - Direct Plan - GrowthLIC · Equity₹33.31#331Y+2.12%3Y+14.25%5Y—10Y—
- Helios Mid Cap Fund - Direct Plan - GrowthHelios · Equity₹13.60#341Y+6.75%3Y—5Y—10Y—
- BANK OF INDIA MID CAP FUND - Direct Plan - GrowthBank of India · Equity₹10.36#351Y+2.98%3Y—5Y—10Y—
- Samco Mid Cap Fund - Direct Plan - GrowthSamco · Equity₹9.67#361Y—3Y—5Y—10Y—
- TRUSTMF MID CAP FUND - Direct Plan - GrowthTrust · Equity₹11.81#371Y—3Y—5Y—10Y—
- The Wealth Company Mid Cap Fund - Direct Plan - GrowthThe Wealth Company · Equity₹9.30#381Y—3Y—5Y—10Y—
Mid Cap Fund funds — frequently asked questions
Which Mid Cap Fund fund has the highest 5-year CAGR?
Motilal Oswal Midcap Fund currently leads the Mid Cap Fund category with a 5-year CAGR of 19.2%. Past returns describe what already happened and do not predict future performance — treat the ranking as a starting point for research, not a recommendation.
What is a good 5-year return for a Mid Cap Fund fund?
Across the 38 Mid Cap Fund schemes we track, the median 5-year CAGR is 13.3%. Comparing a fund against that median, rather than against the category's single best performer, is a more realistic benchmark.
How is CAGR calculated on this page?
CAGR is the compound annual growth rate between the NAV on the horizon start date and the latest NAV, using growth-plan NAVs published by the AMCs. Where a scheme's NAV history has a gap or a re-denomination, we adjust for it rather than report a distorted figure. Expense ratios are already reflected in NAV; exit loads and taxes are not.
Why does this list only show direct plans?
Direct plans have no distributor commission, so their expense ratio is lower and their NAV growth is higher than the regular plan of the same scheme. Showing both would list every fund twice, so we rank direct plans only.