Mutual Funds as the name indicates in mutual investment by a large number of shareholders in various shares. Here in this article, we will be evaluating Top 7 Midcap Mutual Funds to invest in 2018. And the good feature of mutual funds is that it divides per fund into numerous shares. This feature secures the investor as the loss in one share will be covered by the earnings in other shares. So mutual funds can be said to be the funds wherein one invest under some professional manager in different holdings.
Top 7 Midcap Mutual Funds 2018
Midcap Mutual Funds are the funds invested in stocks and shares of large companies. In this case, the market Capitalization is seen somewhere between INR 500 crore to INR 10,000 crore.
So this was the basic understanding of what Mutual Funds and specifically Midcap Mutual Funds are. So now let’s discuss the Top 7 Midcap Mutual Funds.
Principal Emerging Bluechip Fund
Principal Emerging Bluechip Fund from Principal Mutual Fund originally are performing good in its category. Principal Emerging Bluechip Fund belongs to the category of Diversified Equity. And these are good to invest in as evident from its 1st rank. The risk involved in this is a bit higher than the average, but the risk is worth bearing because of the good return it is offering to the investors and the potential return it will in the near future.
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Kotak Emerging Equity Scheme
Schemes under Kotak Mahindra Mutual Fund are all good to invest in. But this one in particular that is Kotak Emerging Equity Scheme is the best one amongst all. This is quite evident from the rankings of last 2 quarters by CRISIL. Kotak Emerging Equity Scheme is ranked 1st by CRISIL amongst all the mutual funds available in the market.
SBI Magnum Multicap
SBI Magnum Multicap is a mutual fund that is covered under SBI Mutual Fund. These are those funds that despite certain declining trends have maintained its position since last 2 or 3 quarters quite well. These funds are performing well but at the same time, the risk involved in these are a bit high than the normal. Ranked 2nd y CRISIL these are good to invest in.
HDFC Midcap Opportunities Fund
This mutual fund grabbed the 3rd ranking amongst the best midcap companies to invest in. and this ranking is done by Crisil. Although the fresh ratings for the 2nd quarter are yet to be made, it is expected that HDFC Midcap Opportunities fund will be there in top 7 midcap mutual funds.
Motilal Oswal Multicap 35 Fund
This scheme is yet another scheme which is ranked first in its own category. Motilal Oswal Multicap 35 Fund is a fund that is ranked 1st in diversified equity by CRISIL. This is one such scheme looking on to which, records say the best. As it has given the good return to its investors in the recent quarters and it is also expected to perform well in the coming time too.
SBI Dynamic Bond Fund
SBI Dynamic Bond Fund is yet another top-ranked mutual fund in Debt Long Term category. The best return it is recorded to give is in its 3 years plan. In 3 year plan, it yields as high as 8.0% return. Also, it is expected that in the near future also it will yield good returns for its investors.
ICICI Prudential Equity & Debt Fund
The risk involved with these type of mutual funds is moderately high. But is still positioned at number 2 in the category it belongs to. ICICI Prudential Equity & Debt Fund basically belongs to the balanced category. The investors investing in these mutual funds get good returns on the same. So these are also good mutual fund options to invest in.
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