Mid-cap mutual funds invest in medium-sized companies with market capitalizations between ₹5,000 crore and ₹20,000 crore. These funds strike a balance between risk and return, offering better stability than small-cap funds while maintaining significant growth potential.
Some of the best mid cap mutual funds include:
- DSP Midcap Fund: Offers a well-researched portfolio of mid-cap stocks.
- Kotak Emerging Equity Fund: Focuses on companies with robust growth prospects.
- Mirae Asset Midcap Fund: Known for its disciplined investment approach and strong track record.