INDIA MARKET LENS

Mid cap funds: returns ranked

Mid cap funds hold mostly companies ranked 101 to 250 by size: faster growing than the largest, with wider swings. 47 funds are ranked here by three-year return, with what a monthly SIP earned and the risk each carried, on net asset values to 11 Nov 2026.

Average, 1 year

+4.1%

across 47 funds

Average, 3 years

+14.9%

a year, compounded

Average, 5 years

+12.8%

a year, compounded

Highest 3-year return

+23.1%

Invesco India Mid Cap Fund

Lowest volatility

12.9%

SBI LARGE & MIDCAP FUND

On a phone, swipe the table sideways for every column. Returns for three and five years are yearly, compounded. SIP is the yearly return on a monthly instalment over three years. Volatility is the yearly swing in the fund’s value; deepest fall is its largest drop from a peak.

Mid cap funds ranked by three-year return.
#Fund1 year3 years5 yearsSIP, 3 yearsVolatilityDeepest fallSharpe
1Invesco India Mid Cap FundInvesco Mutual Fund+7.7%+23.1%+18.0%+15.6%17.2%-20.1%0.97
2Invesco India Large & Mid Cap FundInvesco Mutual Fund+11.2%+22.8%+17.1%+16.4%16.7%-18.6%0.97
3Motilal Oswal Large and Midcap FundMotilal Oswal Mutual Fund+8.3%+21.1%+17.8%+13.7%19.3%-26.1%0.76
4ICICI Prudential Mid Cap FundICICI Prudential Mutual Fund+7.7%+19.8%+14.9%+11.3%17.9%-21.3%0.74
5Edelweiss Mid Cap FundEdelweiss Mutual Fund+4.2%+19.3%+16.5%+10.2%16.6%-20.1%0.77
6HSBC Large & Mid Cap FundHSBC Mutual Fund+12.1%+18.3%+14.0%+12.6%17.7%-25.1%0.67
7Bandhan Large & Mid Cap FundBandhan Mutual Fund+3.3%+18.1%+16.2%+9.8%14.4%-18.0%0.81
8Nippon India Growth Mid Cap Fund OptionNippon India Mutual Fund+5.5%+17.2%+16.7%+10.0%16.6%-19.9%0.64
9Union Midcap Fund OptionUnion Mutual Fund+7.6%+16.8%+14.3%+11.3%16.9%-21.3%0.61
10Sundaram Mid Cap Fund - GROWTHSundaram Mutual Fund+2.0%+16.8%+15.4%+8.4%15.9%-20.7%0.65
11Axis Midcap Fund OptionAxis Mutual Fund+7.5%+16.7%+12.1%+10.4%14.9%-19.5%0.68
12Mahindra Manulife Mid Cap FundMahindra Manulife Mutual Fund+5.3%+16.3%+15.5%+7.8%16.9%-20.9%0.58
13HDFC Mid Cap Fund OptionHDFC Mutual Fund+3.1%+16.3%+17.7%+9.3%14.9%-16.8%0.66
14Axis Large & Mid Cap Fund OptionAxis Mutual Fund+7.5%+15.8%+11.6%+10.2%13.5%-17.2%0.69
15Kotak Mid Cap FundKotak Mahindra Mutual Fund+2.6%+15.8%+14.8%+8.4%16.1%-20.9%0.58
16Quant Large & Mid Cap Fund Optionquant Mutual Fund+12.6%+15.6%+14.9%+9.1%16.5%-24.1%0.55
17UTI Large & Mid Cap FundUTI Mutual Fund+2.8%+15.6%+13.0%+7.8%13.7%-17.5%0.66
18Mirae Asset Midcap FundMirae Asset Mutual Fund+3.2%+15.3%+13.2%+9.0%16.1%-22.5%0.55
19Nippon India Vision Large & Mid Cap Fund OptionNippon India Mutual Fund-0.3%+15.1%+12.4%+6.4%14.8%-16.8%0.58
20ICICI Prudential Large & Mid Cap FundICICI Prudential Mutual Fund-1.9%+15.1%+13.9%+6.5%13.4%-14.8%0.64
21BANK OF INDIA MID CAP TAX FUND SERIES 1Bank of India Mutual Fund+9.2%+14.9%+11.5%+10.3%17.5%-25.0%0.48
22Edelweiss Large & Mid Cap FundEdelweiss Mutual Fund+4.5%+14.9%+12.7%+8.8%15.2%-18.2%0.55
23BANK OF INDIA LARGE & MID CAP FUNDBank of India Mutual Fund+8.3%+14.8%+11.7%+9.2%15.6%-21.2%0.53
24DSP Large & Mid Cap FundDSP Mutual Fund+0.9%+14.8%+12.3%+6.7%14.2%-16.9%0.58
25Tata Mid Cap Fund OptionTata Mutual Fund+4.4%+14.6%+14.0%+8.3%15.6%-21.2%0.52
26Franklin India Mid Cap FundFranklin Templeton Mutual Fund-0.7%+14.5%+12.5%+5.9%15.6%-18.3%0.51
27Kotak Large & Mid Cap FundKotak Mahindra Mutual Fund+3.0%+14.3%+13.2%+7.5%15.0%-18.5%0.52
28Aditya Birla Sun Life Midcap Fund - GROWTHAditya Birla Sun Life Mutual Fund+4.1%+14.2%+11.7%+7.5%15.7%-21.9%0.49
29Canara Robeco Large and Mid Cap Fund - GROWTH OPTIONCanara Robeco Mutual Fund+3.2%+14.2%+10.6%+8.1%15.2%-18.3%0.51
30BANK OF INDIA MID CAP TAX FUND Series 2Bank of India Mutual Fund+6.1%+14.0%+11.1%+9.2%17.5%-23.9%0.43
31Union Large & Midcap Fund OptionUnion Mutual Fund+7.6%+13.9%+11.0%+9.7%15.4%-18.7%0.48
32Sundaram Large and Midcap Fund - GROWTHSundaram Mutual Fund+3.9%+13.7%+10.6%+7.5%15.2%-18.9%0.47
33Mahindra Manulife Large & Mid Cap FundMahindra Manulife Mutual Fund+5.7%+13.6%+11.6%+8.1%16.3%-20.0%0.44
34SBI LARGE & MIDCAP FUNDSBI Mutual Fund+2.0%+13.6%+12.1%+7.0%12.9%-14.2%0.55
35DSP Midcap FundDSP Mutual Fund+2.4%+13.5%+10.9%+7.2%15.7%-21.2%0.45
36LIC MF Large & Mid Cap FundLIC Mutual Fund+0.4%+13.5%+10.3%+5.4%15.8%-18.7%0.44
37HDFC Large & Mid Cap Fund OptionHDFC Mutual Fund+0.5%+13.3%+12.9%+6.1%15.0%-18.7%0.45
38Mirae Asset Large & Midcap FundMirae Asset Mutual Fund+2.3%+13.2%+10.4%+7.9%14.6%-19.5%0.46
39Franklin India Large & Mid Cap FundFranklin Templeton Mutual Fund-1.8%+12.3%+8.7%+5.7%13.8%-17.8%0.42
40Aditya Birla Sun Life Large & Mid Cap Fund - GROWTHAditya Birla Sun Life Mutual Fund+4.4%+12.1%+6.9%+7.2%15.3%-20.5%0.37
41PGIM India Midcap Fund - Direct GrowthPGIM India Mutual Fund+3.2%+11.8%+9.3%+6.9%15.2%-19.1%0.35
42UTI - Mid Cap FundUTI Mutual Fund+1.8%+11.6%+10.5%+6.1%15.3%-22.7%0.33
43Navi Large & Midcap FundNavi Mutual Fund+2.8%+11.2%+9.6%+6.8%14.7%-18.8%0.32
44Taurus Mid Cap FundTaurus Mutual Fund+4.8%+10.8%+11.2%+6.9%18.1%-23.9%0.24
45Quant Mid Cap Fund Optionquant Mutual Fund+4.7%+10.7%+14.6%+3.7%17.0%-26.0%0.25
46SBI MIDCAP FUNDSBI Mutual Fund+0.8%+9.9%+11.1%+3.3%13.5%-17.9%0.25
47Tata Large & Mid Cap Fund OptionTata Mutual Fund-6.6%+7.4%+9.0%+0.3%14.3%-21.7%0.06

Direct plans, growth option. Past returns describe what happened; they do not say what a fund will do next.

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