Mazagon Dock Shipbuilders, Bank of India, Thermax, Uno Minda, and Vedant Fashions are the five midcap stocks which saw mutual funds reducing their exposure for three months in a row, according to the data shared by Nuvama Institutional Equities.
Several prominent mid cap schemes like Axis Mid Cap Fund, Kotak Emerging Equity Fund, Sundaram Mid Cap Fund, Franklin India Prima Fund, among others failed to beat their benchmarks in both these horizons.
We calculated daily rolling returns for a three-year period starting from September 18, 2020 to September 18, 2023. We considered equity categories such as large cap, mid cap, small cap, large & mid cap, ELSS, multi cap, flexi cap, focused fund, value and contra fund categories. We considered regular and growth options.
Best Mid Cap Mutual Funds in 3 years (July 2023): 10 schemes with 34% to 40% SIP returns financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.