This Profitable Mid-cap Mutual Fund SIP Recorded Upto 112% Returns: Crisil Rated

Investment in mutual fund SIPs are subject to risk, hence you should read the fund thoroughly and check the portfolio. Previous years' returns, NAV, Fund Size are some of the most important you should keep in mind before investing in a fund. In this article, a 4-star Crisil rated mid-cap mutual fund SIP's portfolio has been discussed.

Mid cap fund investment rationale

Mid-cap funds will invest mostly in the mid-size company stocks, depending on their market capitalization. However, apart from mid-size funds, the mid-cap mutual funds also invest in some large-cap and small-cap funds. A mid-cap company is considered when its market capitalization is around $2 billion - $10 billion.

A mid-cap mutual fund is also suitable in terms of security, because most of the invested company stocks are already established in the equity markets, and the stocks also have good potential to develop further with time. However, it is a common notion that large-cap funds are mostly secured and small-cap funds have more potential to grow. A mid-cap investment will incorporate both of these.

Quant Mid Cap Fund - Direct Plan-Growth

Quant Mid Cap Fund - Direct Plan is one of the best mid cap funds SIPs, given lucrative upside in long term. The Quant Mid Cap Fund - Direct Plan's NAV stood at Rs. 130.64, and its fund size is Rs. 247.86 Crore. The Expense Ratio is 0.50%; which is lower than the category average at 0.99%. As the ER is much lower than the category average, this fund can offer you better profitability. The Expense Ratio or ER is the percentage, which is calculated to show how much of your investment will be used for the fund's official management expenses.

This mutual fund SIP has been rated with 4 Star by reputed rating agency Crisil.

Absolute and annualized returns

Quant Mid Cap Fund - Direct Plan's SIP's absolute returns are most lucrative in the long term. In the last 1-year SIP return stood at 22.26%, in the last 2 years it has fetched 69.12% returns, in the last 3 years it has given a 92.15% returns, and in the last 5 years, it has fetched 111.81% returns. Annualized returns of this fund's SIP were 59.77% in the past 2 years, and 42.45% in the past 1 year.

Quant Mid Cap Fund - Direct Plan's absolute mutual fund returns are highest in 5 years terms. In the last 1 year return stood at 58.64%, in the last 2 years it has fetched 123.04% returns, in the last 3 years it has given 137.76% returns, and in the last 5 years, it has given a 183.84% returns. Additionally, in the past 1 year, the Quant Mid Cap Fund - Direct Plan's annualized returns stood at 58.64%, while the category average is 36.24%.

Portfolio

Quant Mid Cap Fund - Direct Plan's equity holding is 97.96%, and 2.04% in others. The Fund's Large Cap Investments are 28.89%, Mid Cap Investments are 46.4%, Small Cap Investments is 10.89%, and 11.78% investments in other funds.

The top 10 equity holdings of the Quant Mid Cap Fund - Direct Plan's are, Linde India Ltd. (Industrial gas), Tata Communications Ltd. (Telecom - services), ITC Ltd. (Cigarettes), Adani Ports And Special Economic Zone Ltd. (Port), Union Bank Of India, Fortis Healthcare Ltd., Adani Enterprises Ltd. (Trading), Sun TV Network Ltd., Container Corporation Of India Ltd. (Logistics), and Godrej Industries, among total 24 stock holdings.

Other peer funds are PGIM India Midcap Opportunities Fund - Direct Plan, Baroda Mid-cap Fund - Plan B (Direct), Edelweiss Mid Cap Fund - Direct Plan, etc.

(Also read: 2 Best Rated Mid-Cap Mutual Fund SIPs, Up to 126% Returns In 5 Years: Crisil)

Disclaimer

Investing in equities/mutual funds/SIPs poses a risk of financial losses. Investors must therefore exercise due caution. Greynium Information Technologies, and the author are not liable for any losses caused as a result of decisions based on the article.

(Data mentioned as on February 4, 2022)