“The multicap category has been one of the best for this financial year so far because in the midcap category the best fund has underperformed, but here the best fund has actually outperformed the benchmark by about 3.3%. . Post Covid value has always outperformed the broader market large and value dividend yield have done phenomenally well .”
The mid cap schemes are benchmarked against Nifty Midcap 100 - TRI, Nifty Midcap 150 - TRI, and S&P BSE 150 MidCap - TRI. Nifty Midcap 100 - TRI, Nifty Midcap 150 - TRI, and S&P BSE 150 MidCap - TRI lost around 3.07%, 2.96%, and 2.85%. On an average the benchmarks lost around 2.94% on Tuesday.
Top Performing Mid Cap Funds in 1 Year (September 2023): 11 Schemes With Over 23% 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.
We considered regular and growth options of schemes for the study. Trailing returns of mid cap schemes were considered and compared against the benchmarks.
Top-performing Mid Cap mutual funds in 3 years (August 2023): 12 schemes with over 30% 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.