Investing in mid-cap mutual funds offers a unique opportunity to gain exposure to companies poised for growth. These funds target companies with a market capitalization between large and small caps, balancing potential returns with manageable risk. Let’s dive into some of the leading mid-cap mutual funds to understand their features, performance, and investment potential. For precise financial planning, using an SIP calculator can help tailor your investment strategy.
Axis Bank Fund
With a substantial Assets Under Management (AUM) of ₹19 crores, the Axis Fund stands out in the mid-cap segment. It features a minimum lump sum investment of ₹500 and has an exit load of 1.00%. The fund’s portfolio includes significant allocations in sectors such as investment banking and brokerage, auto parts, and specialized finance.
Kotak Fund
This fund manages a total AUM of ₹23,962.94 crore. It tracks Nifty and has a minimum lump sum requirement of ₹100, along with a 1.00% exit load. Its PE ratio stands at 40.
Nippon Fund
With an AUM of ₹13,409.61 crore, this fund is another strong contender in the mid-cap space. It is benchmarked against the Nifty Midcap 150-TRI. The fund requires a minimum lump sum of ₹100 and imposes an exit load of 1.00%. The fund’s diversification includes pharmaceuticals (7.95%), specialized finance (7.64%), private banks (7.35%), and IT services (7.35%). The rest of the sectors consist of the fund’s pending distribution.
HDFC Midcap Opportunities Fund
The HDFC Midcap Opportunities Fund boasts a robust AUM of ₹35,730.69 crore. It also tracks the Nifty Midcap 150-TRI, with a minimum lump sum requirement of ₹100 and an exit load of 1.00%. This fund features a ratio of 30.62. Its sectoral investments include auto parts (12.87%), specialized sectors (9.46%), industrial machinery (7.37%), and diversified chemicals (7.04%). The pending sectors include the diversification of the fund.
DSP Midcap Fund
The DSP Midcap Fund requires a minimum lump sum investment of ₹500. The fund’s ratio is 36.16, with a Sharpe ratio of -0.32. It is diversified across sectors such as private banks and diversified chemicals (6.17%). The remaining 23 sectors contribute 64.88% to the fund’s portfolio.
Conclusion
These mid-cap mutual funds each offer unique characteristics and opportunities for investors looking to balance growth and risk. When choosing the best mid-cap mutual fund for your investment portfolio, consider factors such as AUM, sector diversification, ratio, and Sharpe ratio. For a more precise approach to your investments, using an SIP calculator can help you plan and track your investments efficiently. Whether you’re looking to invest a lump sum or start a Systematic Investment Plan (SIP), these funds provide various options to fit your financial goals. However, if you have queries about the mid cap mutual funds or need someone to guide you with the portfolio, make sure to get in touch with the team right away. We would love to help you further.
