Best mid cap mutual funds | Top 3 mutual funds | Best midcap Mutual funds | Highest Return Mutual funds

 What is Midcap?

Well every company is divided on the market cap and there are three categories

1) Large Cap - Over $10 Billion

2) Mid Cap - $2Billion - $10 Billion

3) Small Cap - $300 Million - $2 Billion

Now, we are in the middle of the list.

Let us look at the top three best mutual funds that are giving significant returns over past years and now.

1) PGIM India Midcap opportunities Direct-Growth Fund

This Mutual Fund stands first on the list. This fund was started in the year 2013.

Key Information

1) NAV is 46.14 on of 23/ 03/ 2022

2) Fund size is 4,359 crore

3) Alpha is 11.06 (Far better than other MF's), Beta is 0.96

4) P\E Ratio is 31.22 and P\B ratio is 4.07

5) Expense Ratio is 0.46% (Far better than other mutual funds)

The Holdings 

Absolute Returns 

2)  Axis Midcap Direct Plan-Growth

This Mutual fund standout in the second. This fund was started in 2011.

Key Information

1) 1) NAV is 74.05 on of 23/ 03/ 2022

2) Fund size is 16,517 crore

3) Alpha is  5.52( better than other MFs), Beta is 0.71

4) P\E Ratio is 38.44 and the P\B ratio is 6.45

5) Expense Ratio is 0.47% (Far better than other mutual funds)

HOLDINGS

The Absolute Returns

3) Edelweiss Midcap Direct Plan-Growth

This is the third Mutual fund on the list. This fund was started in 2007

 

Key Information

1) 1) NAV is 54.31 on of 23/ 03/ 2022

2) Fund size is 1,806 crore

3) Alpha is  2.94( Equal to other MFS), Beta is 0.96

4) P\E Ratio is 27.00 and the P\B ratio is 3.49

5) Expense Ratio is 0.51% (Far better than other mutual funds)

Holdings

Absolute Returns