Midcap Funds: 5 Top Performing Midcap Funds giving returns up to 21% in 1 year. These are his major holdings

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The top five performing midcap funds have given returns of up to 21 per cent in the past one year, compared to a fall of 3 per cent in the BSE Midcap index. These mutual fund schemes have their top share from various sectors, yet they managed to perform well, which suggests working bottom-up investments for the schemes.

Motilal Oswal Midcap 30 Fund Has given 21% return in the last one year. The top five stocks in the scheme accounted for 42.63 per cent of the scheme’s assets.

Its largest holding accounts for 10.62 per cent of the assets. The stock has given a return of 35.11 per cent in the last one year. Gujarat Gas (10.12 per cent), Phoenix Mills (8.66 per cent), Campus Activewear (7.01 per cent) and (6.22 per cent) are some of its largest holdings, as of the latest filing.

Among these stocks, Gujarat Gas has lost 34 per cent in the last one year. Phoenix Mills has jumped 39 per cent, CG Power 137 per cent, while the recently listed campus activewear is up 12 per cent from its issue price of Rs 292.


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Quant Midcap Fund Its NAV has increased by 9.87 percent. Five of its top holdings account for 28.35 percent of its assets. They are (6.32 per cent assets), Company (6.29 per cent), Canara Bank (5.76 per cent), (5.33 per cent) and (4.65 per cent).

Ruchi Soya has fallen 2 per cent in the last one year, in line with the 3 per cent fall in the BSE Midcap. Indian Hotels Company has declined 59 per cent, Canara Bank 21 per cent, Tata Communications 28 per cent and Container Corporation of India 11 per cent in the last one year.

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SBI Magnum Midcap (up 8.06 percent), PGIM Midcap (up 7.53 percent) and Nippon Industry Growth (up 7.48 per cent) are the other top performing schemes.

In case of SBI Magnum Midcap, its top holding is

(5.90 per cent), followed by Sheela Foam (5.24 per cent), Tube Investments (4.21 per cent), (4.01 per cent) and Crisil (3.73 per cent). While Page Industries has grown 36 per cent in the last one year, Sheela Foam has gained 19 per cent in the same period. Schaeffler India has gained 93 per cent in the same period. Crisil has gained 21 per cent in the last one year. Overall, the top holdings accounted for 23.52 percent of

Asset of SBI Magnum as of latest filing.

PGIM Midcap includes ABB India (4.16 per cent), HDFC Bank (4 per cent),

(3.96 per cent), Timken India (3.78 per cent) and (3.57 per cent) hold the largest stake. ABB India has jumped 25 per cent in the last one year. HDFC Bank is down 11 per cent; Timken India has gained 54 per cent in the last one year while Persistent Systems has jumped 25 per cent.

Meanwhile, top holdings of Nippon Industries Growth include Varun Beverages, Cholamandalam Financial Holdings, Max Financial Services,

and Federal Bank. He holds 27.77 per cent of the fund’s assets. has climbed 21.56 percent, jumped 61 percent; has fallen 25 percent; AU Small Finance Bank is up 19 per cent while Federal Bank is up 4 per cent in the last one year.

(Disclaimer: Recommendations, suggestions, views and opinions given by experts are their own. They do not represent the views of The Economic Times)

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