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Best Mid Cap Mutual Funds

Mid Cap·10 Mid Cap schemes ranked by a 5Y / 3Y / 1Y composite percentile. Top-ranked: Invesco India Mid Cap Fund - Regular Plan - Growth Option.

Long-Term Ranking10 SchemesUpdated 20 Sept 2026

Top Ranked

Invesco India Mid Cap Fund - Regular Plan - Growth Option

Best 1Y Return

ICICI Prudential Mid Cap Fund - Growth

12.84%

Best 3Y Return

Invesco India Mid Cap Fund - Regular Plan - Growth Option

21.41%

Best 5Y Return

Motilal Oswal Midcap Fund-Regular Plan-Growth Option

19.88%

Mid Cap — At a Glance

Category	Mid Cap
View Type	Long-Term Ranking
Funds Ranked	10
Methodology	Funds are ranked using a composite of 5-year (45%), 3-year (35%) and 1-year (20%) percentile performance within their category. Rankings are a research aid and not investment advice.
Data Source	NAV history sourced from AMFI data feeds
Last Updated	20 Sept 2026
Not	Investment advice, buy/sell recommendation, guaranteed returns

What Are Mid Cap Mutual Funds?

The Mid Cap funds below are ranked by a composite of 5-year (45%), 3-year (35%) and 1-year (20%) percentile performance within their own category. Longer horizons are weighted higher so that a single strong year does not dominate the ranking. This is a research aid, not investment advice.

Regulatory framework for Indian mutual funds is governed by SEBI, with industry data published by AMFI.

Which Are the Best Mid Cap Mutual Funds?

10 funds

Rank	Fund	Fund House	1Y	3Y	5Y
1	Invesco India Mid Cap Fund - Regular Plan - Growth Option	Invesco Mutual Fund	6.78%	21.41%	17.96%
2	ICICI Prudential Mid Cap Fund - Growth	ICICI Prudential Mutual Fund	12.84%	19.96%	16.15%
3	Nippon India Growth Mid Cap Fund-Growth Plan-Growth Option	Nippon India Mutual Fund	5.64%	16.59%	16.80%
4	Edelweiss Mid Cap Fund - Regular Plan - Growth Option	Edelweiss Mutual Fund	5.11%	18.74%	16.60%
5	HDFC Mid Cap Fund - Growth Plan	HDFC Mutual Fund	5.25%	15.94%	17.82%
6	ITI Mid Cap Fund - Regular Plan - Growth Option	ITI Mutual Fund	8.71%	17.39%	14.27%
7	Motilal Oswal Midcap Fund-Regular Plan-Growth Option	Motilal Oswal Mutual Fund	-2.85%	16.88%	19.88%
8	Mahindra Manulife Mid Cap Fund - Regular Plan - Growth	Mahindra Manulife Mutual Fund	7.66%	15.68%	16.03%
9	Sundaram Mid Cap Fund Regular Plan - Growth	Sundaram Mutual Fund	4.52%	16.42%	15.47%
10	Kotak Mid Cap Fund - Regular Plan - Growth	Kotak Mahindra Mutual Fund	3.31%	15.70%	15.12%

Data reflects trailing returns as of 20 Sept 2026. Past performance does not guarantee future results.

Explore Other Views of Mid Cap

This page shows the long-term ranking view. The same Mid Cap funds can also be seen through a different lens — pick whichever answers your question.

Top Performing

Mid Cap — Top Performing

Recent momentum screen — weighted toward the last 3, 6 and 9 months.

Return Comparison

Mid Cap — Return Comparison

Raw trailing returns across all six periods, side-by-side, no composite ranking.

Scheme-by-Scheme Breakdown

10 funds analysed

Below is a fund-by-fund analysis of the Mid Cap schemes listed on this page. Each entry covers the fund's position, its trailing returns, and a short characterisation of its return profile within the category.

Top Performer

Invesco India Mid Cap Fund - Regular Plan - Growth Option

Invesco Mutual Fund

1Y:6.78%3Y:21.41%5Y:17.96%

Invesco India Mid Cap Fund - Regular Plan - Growth Option from Invesco Mutual Fund holds the #1 position on this Mid Cap long-term composite ranking, out of 10 funds evaluated.

As of the latest snapshot, the fund has delivered a 5-year return of 17.96%, a 3-year return of 21.41%, a 1-year return of 6.78%.

Its 1-year return trails its 5-year average — a common pattern after strong multi-year runs. Investors should verify whether this reflects normal mean reversion or a change in the fund's strategy.

The scheme is managed by Invesco Mutual Fund, one of the asset management companies offering Mid Cap funds in India.

ICICI Prudential Mid Cap Fund - Growth

ICICI Prudential Mutual Fund

1Y:12.84%3Y:19.96%5Y:16.15%

ICICI Prudential Mid Cap Fund - Growth from ICICI Prudential Mutual Fund sits in the top 3 on this Mid Cap long-term composite ranking, at #2 of 10.

As of the latest snapshot, the fund has delivered a 5-year return of 16.15%, a 3-year return of 19.96%, a 1-year return of 12.84%.

Its 1-year return trails its 5-year average — a common pattern after strong multi-year runs. Investors should verify whether this reflects normal mean reversion or a change in the fund's strategy.

The scheme is managed by ICICI Prudential Mutual Fund, one of the asset management companies offering Mid Cap funds in India.

Nippon India Growth Mid Cap Fund-Growth Plan-Growth Option

Nippon India Mutual Fund

1Y:5.64%3Y:16.59%5Y:16.80%

Nippon India Growth Mid Cap Fund-Growth Plan-Growth Option from Nippon India Mutual Fund sits in the top 3 on this Mid Cap long-term composite ranking, at #3 of 10.

As of the latest snapshot, the fund has delivered a 5-year return of 16.80%, a 3-year return of 16.59%, a 1-year return of 5.64%.

Its longest-horizon return is its strongest, indicating a track record built across full market cycles rather than a recent spike. This is the profile the long-term ranking rewards most heavily, and it is why the fund earns its position on this page.

The scheme is managed by Nippon India Mutual Fund, one of the asset management companies offering Mid Cap funds in India.

Edelweiss Mid Cap Fund - Regular Plan - Growth Option

Edelweiss Mutual Fund

1Y:5.11%3Y:18.74%5Y:16.60%

Edelweiss Mid Cap Fund - Regular Plan - Growth Option from Edelweiss Mutual Fund appears at #4 of 10 on this Mid Cap long-term composite ranking — a position in the upper half of the funds tracked on this page.

As of the latest snapshot, the fund has delivered a 5-year return of 16.60%, a 3-year return of 18.74%, a 1-year return of 5.11%.

Its 1-year return trails its 5-year average — a common pattern after strong multi-year runs. Investors should verify whether this reflects normal mean reversion or a change in the fund's strategy.

The scheme is managed by Edelweiss Mutual Fund, one of the asset management companies offering Mid Cap funds in India.

HDFC Mid Cap Fund - Growth Plan

HDFC Mutual Fund

1Y:5.25%3Y:15.94%5Y:17.82%

HDFC Mid Cap Fund - Growth Plan from HDFC Mutual Fund appears at #5 of 10 on this Mid Cap long-term composite ranking — a position in the upper half of the funds tracked on this page.

As of the latest snapshot, the fund has delivered a 5-year return of 17.82%, a 3-year return of 15.94%, a 1-year return of 5.25%.

The scheme is managed by HDFC Mutual Fund, one of the asset management companies offering Mid Cap funds in India.

ITI Mid Cap Fund - Regular Plan - Growth Option

ITI Mutual Fund

1Y:8.71%3Y:17.39%5Y:14.27%

ITI Mid Cap Fund - Regular Plan - Growth Option from ITI Mutual Fund is included on this Mid Cap screen at #6 of 10. Its presence here reflects that its returns are part of the current set the ranking is drawn from.

As of the latest snapshot, the fund has delivered a 5-year return of 14.27%, a 3-year return of 17.39%, a 1-year return of 8.71%.

Its 1-year return trails its 5-year average — a common pattern after strong multi-year runs. Investors should verify whether this reflects normal mean reversion or a change in the fund's strategy.

The scheme is managed by ITI Mutual Fund, one of the asset management companies offering Mid Cap funds in India.

Motilal Oswal Midcap Fund-Regular Plan-Growth Option

Motilal Oswal Mutual Fund

1Y:-2.85%3Y:16.88%5Y:19.88%

Motilal Oswal Midcap Fund-Regular Plan-Growth Option from Motilal Oswal Mutual Fund is included on this Mid Cap screen at #7 of 10. Its presence here reflects that its returns are part of the current set the ranking is drawn from.

As of the latest snapshot, the fund has delivered a 5-year return of 19.88%, a 3-year return of 16.88%, a 1-year return of -2.85%.

The scheme is managed by Motilal Oswal Mutual Fund, one of the asset management companies offering Mid Cap funds in India.

Mahindra Manulife Mid Cap Fund - Regular Plan - Growth

Mahindra Manulife Mutual Fund

1Y:7.66%3Y:15.68%5Y:16.03%

Mahindra Manulife Mid Cap Fund - Regular Plan - Growth from Mahindra Manulife Mutual Fund is included on this Mid Cap screen at #8 of 10. Its presence here reflects that its returns are part of the current set the ranking is drawn from.

As of the latest snapshot, the fund has delivered a 5-year return of 16.03%, a 3-year return of 15.68%, a 1-year return of 7.66%.

The scheme is managed by Mahindra Manulife Mutual Fund, one of the asset management companies offering Mid Cap funds in India.

Sundaram Mid Cap Fund Regular Plan - Growth

Sundaram Mutual Fund

1Y:4.52%3Y:16.42%5Y:15.47%

Sundaram Mid Cap Fund Regular Plan - Growth from Sundaram Mutual Fund is included on this Mid Cap screen at #9 of 10. Its presence here reflects that its returns are part of the current set the ranking is drawn from.

As of the latest snapshot, the fund has delivered a 5-year return of 15.47%, a 3-year return of 16.42%, a 1-year return of 4.52%.

Its 1-year return trails its 5-year average — a common pattern after strong multi-year runs. Investors should verify whether this reflects normal mean reversion or a change in the fund's strategy.

The scheme is managed by Sundaram Mutual Fund, one of the asset management companies offering Mid Cap funds in India.

#10

Kotak Mid Cap Fund - Regular Plan - Growth

Kotak Mahindra Mutual Fund

1Y:3.31%3Y:15.70%5Y:15.12%

Kotak Mid Cap Fund - Regular Plan - Growth from Kotak Mahindra Mutual Fund is included on this Mid Cap screen at #10 of 10. Its presence here reflects that its returns are part of the current set the ranking is drawn from.

As of the latest snapshot, the fund has delivered a 5-year return of 15.12%, a 3-year return of 15.70%, a 1-year return of 3.31%.

Its 1-year return trails its 5-year average — a common pattern after strong multi-year runs. Investors should verify whether this reflects normal mean reversion or a change in the fund's strategy.

The scheme is managed by Kotak Mahindra Mutual Fund, one of the asset management companies offering Mid Cap funds in India.

How Are These Mid Cap Funds Ranked?

Funds are ranked using a composite of 5-year (45%), 3-year (35%) and 1-year (20%) percentile performance within their category. Rankings are a research aid and not investment advice.

Who Should Consider This Category?

→Investors whose risk profile and time horizon align with the Mid Cap mandate.
→Investors looking for professionally managed exposure rather than picking individual securities.
→Investors comfortable with the volatility typical of this category and able to stay invested through cycles.
→Advisors and researchers using this page as a starting point before deeper due diligence.

Factors to Consider Before Investing

Four signals worth checking before you commit.

Track Record

Look at consistency across 1-year, 3-year and 5-year windows. A single strong year rarely tells the whole story — the longer the history, the more reliable the signal.

Expense Ratio

Small differences in expense ratio compound meaningfully over long horizons. Compare funds within the same plan type (Direct vs Regular) before judging.

Fund Manager Tenure

A change in fund manager can change investment style. Confirm the current manager has been in place for a meaningful portion of the track record you're relying on.

Portfolio Overlap

If you already hold funds in adjacent categories, check for overlap. Holding three funds that own the same 40 stocks doesn't diversify anything.

Why Multi-Period Ranking Matters

A single strong year is not a track record. Markets rotate. A fund that dominates one calendar year can lag the next. Ranking on a single window rewards funds that happen to be positioned well for a specific stretch — not funds that compound reliably.

Percentile within category, not raw percentage. Comparing an 18% return in Large Cap to an 18% return in Small Cap makes no sense — different risk, different universe. On this page, every fund is scored against its direct peers, in the same category, on the same period. Only then are the numbers combined.

Longer horizons carry more weight. For the long-term ranking (Best), 5-year performance is weighted at 45%, 3-year at 35%, 1-year at 20%. This structure is designed to favour funds that have delivered over full market cycles rather than over the last twelve months.

💡 Pro Tip: Use the Returns page to see the raw numbers, the Top page for recent momentum, and the Best page for a longer-horizon ranking. Different questions need different views.

Three Views — One Category

Each page type answers a different question about the same funds.

Page Type	Question Answered	Periods Used	Best For
Best	Strongest sustained performance	1Y (20%), 3Y (35%), 5Y (45%)	Long-term investors
Top	Recent momentum within category	3M (40%), 6M (30%), 9M (20%), 1Y (10%)	Short-to-medium horizon
Returns	What returns were actually delivered	All six periods, no ranking	Side-by-side comparison

Data Sources

→NAV history sourced from AMFI data feeds.
→Trailing returns computed from adjusted NAV, accounting for dividends and splits.
→Rankings recalculated nightly. Page regenerated automatically.
→Every fund on this page is only ever compared to funds in the same SEBI category.

What Makes This Different

Multi-period composite — not a single-window ranking.
Percentile-based scoring so categories are compared fairly.
Explicit methodology — weights published, no black box.
Daily refresh — the page is regenerated from scratch each night.

⚡ Rankings are a research aid — always do your own due diligence.

Frequently Asked Questions

How are these Mid Cap funds ranked?

Funds are ranked using a composite of 5-year (45%), 3-year (35%) and 1-year (20%) percentile performance within their category. Rankings are a research aid and not investment advice.

How often is this page updated?

Underlying fund data is refreshed nightly. The page is regenerated automatically after each refresh, and the "Last updated" date at the top of this page reflects the most recent generation. You are always seeing the latest snapshot.

Is this investment advice?

No. Rankings on this page are a research aid only. They do not constitute investment advice or a recommendation to buy or sell any scheme. Read the Scheme Information Document and consult a SEBI-registered adviser before investing.

Why isn't every Mid Cap fund listed here?

This page shows the top 10 funds in the category based on the ranking methodology above. The full universe of Mid Cap schemes is larger — this snapshot is designed to surface the strongest candidates for further research, not to be an exhaustive directory.

What's the difference between Best, Top, and Returns pages?

Best ranks by long-term composite performance (weighted toward 3Y and 5Y). Top ranks by recent momentum (weighted toward 3M, 6M and 9M). Returns shows raw numbers across all six periods with no composite ranking, so you can compare funds on whatever metric you care about.

How do I use these rankings in a client conversation?

Treat them as a starting point. Use the Returns page to show the raw numbers, the Best page to explain why a longer horizon matters, and the Top page when discussing recent momentum. Rankings are most useful when paired with a conversation about the client's time horizon, existing portfolio, and risk profile.

Disclaimer: Mutual Fund investments are subject to market risks. Read all scheme-related documents carefully before investing. Past performance is not indicative of future results. The rankings on this page are based on historical return data and are provided for research purposes only. They do not constitute investment advice or a recommendation to buy or sell any scheme.