With 34.83% Annualised Returns On 3 Years SIP, This Top-Rated Midcap Fund Is Good For SIP

Motilal Oswal MidCap Fund is a top-rated equity Mutual Fund from the house of Motilal Oswal Mutual Fund. This is a more than 8 year fund launched on 24 February 2014. It is an open-ended equity scheme predominantly investing in mid-cap stocks The fund has offered good returns on lump sum investments as well as SIP investments. Here are the details of the fund:

Motilal Oswal Mid Cap Fund

Motilal Oswal Mid Cap Fund is a medium-sized fund in its category. It is mid-cap equity mutual fund with no lock-in period. Under the fund's Direct plan- Growth option, it has Rs 3,580 crore of Asset Under Management (AUM) as on October 31, 2022, whereas, its Net Asset Value (NAV) is Rs 56,4851 as on November 22, 2022.

Its benchmark is NIFTY Midcap 150 TRI. The fund has been rated 4-star by Value Research as well as CRISIL. As it is an equity mutual fund, it is a very high-risk fund for investment. The scheme seeks to achieve long-term capital appreciation by investing in quality mid-cap companies having long-term competitive advantages and potential for growth. The fund has given above-average performance among peers. 

Investment Details

• Minimum Investment - Rs 500
• Minimum SIP Investment - Rs 500
• Minimum Additional Investment - Rs 500
• Minimum withdrawal - Rs 500
• Exit Load -1% for redemption within 15 days of investments
• Expense Ratio - 0.81% as on 31 October 2022 

Annualised Returns

Lump-Sum Investment Returns

Under the Direct-Growth option, the fund has given 21.89% annual average returns since its inception.

Investment Tenure	Returns
1 Year	16.29%
2 Year	37.67%
3 Year	26.13%
5 Year	15.45%

 Returns on SIP 

SIP Tenure	Returns
1 Year	23.03%
2 Year	30.19%
3 Year	34.83%
5 Year	24.63%

 

Portfolio

The majority of the fund's holdings around 88.6% are in equities, followed by 9.9% in debt and the remaining 1.5% in cash & cash equivalent. Out of the fund's 88.6% investments, 8.19% is in Large Cap stocks, 16.61% is in Mid Cap stocks, and the rest 37.82% is in Small Cap stocks, respectively. The fund has invested in a total 26 stocks and 11 sectors, respectively. 

 
The 11 sectors are Automobile, Consumer Discretionary, Construction, Material, Capital Goods, Financial, Energy, Chemicals, Services, Healthcare, and Metal & Mining. The top 10 holdings of the fund are Tube Investments of India, The Phoenix Mills, CG Power & Industrial Solutions, Gujarat Gas, Campus Activewear, Ambuja Cements, AU Small Finance Bank, Deepak Nitrite, Max Financial Services, and Cholamandalam Investment & Finance. 

Disclaimer

Mutual fund investments are subject to market risk. Read all scheme-related Terms and Conditions carefully before investing. The above-mentioned information is purely informational and doesn't guarantee any return. The Greynium Information Technologies and the Author are not liable for any losses caused as a result of a decision based on the article.