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Best Mid Cap Funds

Ranked by 3-Year Sharpe • 27 schemes • Group: Equity • Benchmark: Nifty Midcap 150 • Data as of 2026-11-11

Funds investing minimum 65% in companies ranked 101st to 250th by market cap, balancing growth potential with volatility. Across 27 analyzed schemes, the top-ranked fund is Invesco India Mid Cap Fund (3Y CAGR +22.17%). The category median 3-year CAGR stands at +15.02%, median expense ratio is 2.11%, and median MFIQ score is 5.0/10.

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Rank Scheme Score 1Y Return 3Y CAGR 5Y CAGR Alpha Beta Expense Upside Downside Fund Size
#1
IN
Invesco Mutual Fund
3Y: +22.17% • 5Y: +17.13% • AUM: Rs 17,454 cr
6.3 +9.24% +22.17% +17.13% +7.13% 0.95 1.85% 122.2% 99.8% Rs 17,454 cr
#2
WC
WhiteOak Capital Mutual Fund
3Y: +19.21% • 5Y: - • AUM: Rs 8,355 cr
7.5 +7.88% +19.21% - +4.77% 0.90 2.23% 102.6% 85.8% Rs 8,355 cr
#3
HS
HSBC Mutual Fund
3Y: +20.54% • 5Y: - • AUM: Rs 17,769 cr
6.5 +14.87% +20.54% - +5.12% 1.04 2.15% 112.8% 92.9% Rs 17,769 cr
#4
ED
Edelweiss Mutual Fund
3Y: +18.04% • 5Y: +15.39% • AUM: Rs 20,119 cr
6.8 +3.17% +18.04% +15.39% +3.32% 0.95 1.87% 103.8% 90.3% Rs 20,119 cr
#5
MO
Motilal Oswal Mutual Fund
3Y: +17.20% • 5Y: +17.95% • AUM: Rs 43,152 cr
6.7 +1.27% +17.20% +17.95% +3.46% 0.91 1.60% 107.4% 96.4% Rs 43,152 cr
#6
AX
Axis Mutual Fund
3Y: +15.76% • 5Y: +11.08% • AUM: Rs 34,908 cr
6.2 +6.58% +15.76% +11.08% +2.27% 0.84 1.77% 89.8% 76.1% Rs 34,908 cr
#7
SU
Sundaram Mutual Fund
3Y: +16.06% • 5Y: +14.72% • AUM: Rs 14,409 cr
5.7 +1.88% +16.06% +14.72% +1.83% 0.91 1.86% 98.0% 89.3% Rs 14,409 cr
#8
BA
Bandhan Mutual Fund
3Y: +16.26% • 5Y: - • AUM: Rs 2,678 cr
5.7 +8.21% +16.26% - +2.09% 0.94 2.11% 97.9% 92.1% Rs 2,678 cr
#9
JF
JM Financial Mutual Fund
3Y: +16.63% • 5Y: - • AUM: Rs 1,323 cr
5.2 +8.24% +16.63% - +1.87% 1.00 2.43% 104.7% 99.6% Rs 1,323 cr
#10
IT
ITI Mutual Fund
3Y: +16.28% • 5Y: +12.64% • AUM: Rs 1,480 cr
4.8 +3.40% +16.28% +12.64% +1.30% 1.02 2.38% 101.4% 94.7% Rs 1,480 cr
#11
CR
Canara Robeco Mutual Fund
3Y: +15.02% • 5Y: - • AUM: Rs 5,186 cr
5.5 +4.22% +15.02% - +0.95% 0.93 2.13% 93.7% 86.0% Rs 5,186 cr
#12
KM
Kotak Mahindra Mutual Fund
3Y: +14.87% • 5Y: +13.85% • AUM: Rs 68,260 cr
5.0 +1.95% +14.87% +13.85% +1.00% 0.91 1.49% 98.9% 93.4% Rs 68,260 cr
#13
BB
Baroda BNP Paribas Mutual Fund
3Y: +14.56% • 5Y: - • AUM: Rs 2,617 cr
5.1 +4.98% +14.56% - +0.86% 0.86 2.20% 87.5% 78.2% Rs 2,617 cr
#14
UN
Union Mutual Fund
3Y: +15.14% • 5Y: +12.64% • AUM: Rs 1,996 cr
4.6 +6.22% +15.14% +12.64% +0.83% 0.96 2.35% 96.4% 91.4% Rs 1,996 cr
#15
MM
Mahindra Manulife Mutual Fund
3Y: +14.83% • 5Y: +14.19% • AUM: Rs 5,256 cr
5.0 +3.38% +14.83% +14.19% +0.39% 0.96 2.05% 97.9% 94.5% Rs 5,256 cr
#16
MA
Mirae Asset Mutual Fund
3Y: +14.21% • 5Y: +12.47% • AUM: Rs 20,093 cr
4.0 +2.53% +14.21% +12.47% +0.33% 0.91 2.01% 101.3% 101.6% Rs 20,093 cr
#17
LI
LIC Mutual Fund
3Y: +13.62% • 5Y: - • AUM: Rs 381 cr
2.9 +3.28% +13.62% - -0.42% 0.95 3.07% 100.7% 105.1% Rs 381 cr
#18
TA
Tata Mutual Fund
3Y: +13.17% • 5Y: +12.66% • AUM: Rs 6,151 cr
4.1 +3.12% +13.17% +12.66% -0.52% 0.88 1.99% 87.9% 86.1% Rs 6,151 cr
#19
DS
DSP Mutual Fund
3Y: +12.47% • 5Y: +9.82% • AUM: Rs 20,109 cr
3.5 +1.47% +12.47% +9.82% -1.14% 0.89 1.73% 93.0% 99.8% Rs 20,109 cr
#20
PI
PGIM India Mutual Fund
3Y: +10.77% • 5Y: +8.16% • AUM: Rs 10,968 cr
3.4 +2.42% +10.77% +8.16% -2.25% 0.85 1.96% 81.9% 86.7% Rs 10,968 cr
#21
TA
Taurus Mutual Fund
3Y: +10.27% • 5Y: +10.75% • AUM: Rs 142 cr
1.4 +4.26% +10.27% +10.75% -3.65% 0.99 2.79% 86.2% 98.2% Rs 142 cr
#22
SB
SBI Mutual Fund
3Y: +9.20% • 5Y: +10.32% • AUM: Rs 23,604 cr
3.0 -0.08% +9.20% +10.32% -3.10% 0.75 1.80% 77.3% 87.5% Rs 23,604 cr
#23
QU
quant Mutual Fund
3Y: +9.52% • 5Y: +13.00% • AUM: Rs 7,919 cr
3.6 +3.63% +9.52% +13.00% -3.81% 0.90 2.06% 78.1% 86.3% Rs 7,919 cr
#24
HE
Helios Mutual Fund
3Y: - • 5Y: - • AUM: Rs 2,631 cr
4.9 +7.22% - - +5.13% 1.02 2.32% 120.7% 104.0% Rs 2,631 cr
#25
BO
Bank of India Mutual Fund
3Y: - • 5Y: - • AUM: Rs 760 cr
5.0 +4.37% - - +1.70% 0.89 2.56% 93.9% 82.1% Rs 760 cr
-
TR
Trust Mutual Fund
3Y: - • 5Y: - • AUM: Rs 812 cr
5.9 - - - - - 3.48% - - Rs 812 cr
-
TW
The Wealth Company Mutual Fund
3Y: - • 5Y: - • AUM: Rs 187 cr
6.0 - - - - - 3.96% - - Rs 187 cr

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Frequently Asked Questions about Mid Cap Funds

What investment mandate defines Mid Cap funds?

Funds investing minimum 65% in companies ranked 101st to 250th by market cap, balancing growth potential with volatility.

Which is the highest-ranked Mid Cap fund?

The top fund in this category is Invesco India Mid Cap Fund with a 3Y CAGR of +22.17% and an MFIQ Score of 6.3/10.

What is the median expense ratio for Mid Cap funds?

Across regular growth options in this category, the median total expense ratio (TER) is 2.11%.