Mid-cap mutual funds are delivering strong 3-year returns of 26.45%-28.16%, indicating powerful medium-term growth.
Top mutual funds like Invesco India and Nippon India are maintaining 5-year returns above 23%, indicating steady long-term compounding.
1-year returns range from 5.30% to 14.88%, indicating short-term volatility, but the long-term trend remains strong.
Mid-cap mutual funds are getting strong attention in February 2026. Mid-cap stocks usually lie between large-cap stability and small-cap growth. According to the recent data, many mid-cap funds delivered 3-year returns of above 26%. This shows strong momentum in the segment. Below are some of the best-performing mid-cap mutual funds, based on 1-year, 3-year, and 5-year returns.
Invesco India Mid Cap Fund Direct - Growth has delivered 14.28% return in 1 year. The 3-year return stands at 28.16%, while the 5-year return is 23.00%. The 3-year performance is one of the highest in the category. This shows that the mutual fund has grown significantly through compounding. The fund has delivered consistent performance across all time frames.
Edelweiss Mid Cap Fund Direct - Growth posted 12.94% return in 1 year. Over 3 years, the return is 27.99%, indicating steady performance. The mutual fund clocked a 5-year return of 24.14%, which is higher than most peers. Even though a 1-year return of 12.94% is slightly lower than some others, long-term numbers suggest growth potential.
ITI Mid Cap Fund Direct - Growth generated a 13.41% return over 1 year, which is competitive in the mid-cap space. A 3-year CAGR of 27.69% is strong and shows a decent selection of stocks.
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WhiteOak Capital Mid Cap Fund Direct - Growth delivered 13.84% in 1 year. A 3-year CAGR of 27.60% shows consistent upward movement and reflects steady portfolio management. Even without a 5-year history, the fund has managed to retain its reputation as one of the top performers on the 3-year ranking list.
Nippon India Growth Mid Cap Fund Direct Plan B has offered 13.68% return in 1 year. The 3-year return is 27.30%, while the 5-year return stands at 23.94%. Similarly, Nippon India Growth Mid Cap Fund Direct - Growth brought 13.68% profit in 1 year, 27.30% in 3 years, and 23.94% in 5 years, indicating long-term stability. Both plans have identical numbers and are strong contenders in the mutual fund category.
HDFC Mid Cap Fund Direct - Growth recorded a 14.88% return over 1 year, which is among the highest on the list. The 3-year return is 27.02%. Over 5 years, the mutual fund posted a 24.55% return, the highest among many peers. The figures are balanced across the short and long term, suggesting steady performance across cycles.
JM Midcap Fund Direct - Growth posted a 5.30% return over 1 year, which is lower than others. However, the 3-year return of 26.77% is still a strong outcome. This indicates that while the recent year may have been volatile, medium-term performance remains solid. Investors looking at 3-year growth and beyond may still find it interesting.
Mahindra Manulife Mid Cap Fund Direct - Growth delivered 10.72% in 1 year. The 3-year return stands at 26.76%, and the 5-year return is 23.77%. The mutual fund's profits indicate strong results and decent long-term compounding in the mid-cap category. Investors considering long-term investments may consider Mahindra’s mutual fund attractive.
Sundaram Mid Cap Fund Direct - Growth generated 12.39% return in 1 year. This high-growth performance during market volatility makes it a top performer. The mutual fund posted a 3-year return of 26.45%, while the 5-year return is at 21.58%. The long-term projection is also stable.
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Most of the top mid-cap funds are showing 3-year returns between 26.45% and 28.16%. This narrow range shows strong sector-wide growth. The 5-year returns range from 21.58% to 24.55%, indicating strong compounding over the long term. However, the 1-year returns, ranging from 5.30% to 14.88%, show a short-term difference in performance.
The mid-cap category appears strong, with many funds crossing a 27% CAGR over 3 years. Funds like Invesco India Mid Cap Fund Direct - Growth at 28.16%, Edelweiss Mid Cap Fund Direct - Growth at 27.99%, and HDFC Mid Cap Fund Direct - Growth at 27.02% are worth considering. Long-term numbers above 23%, recorded by many funds, indicate a healthy growth trend.
What are Mid-Cap Mutual Funds?
Mid-cap mutual funds invest mainly in mid-sized company stocks that fall between large-cap and small-cap companies in terms of market capitalization.
Why are 3-year returns important?
3 year returns help measure consistency across different market cycles and reduce the impact of short term volatility.
Which fund has the highest 3-year return in the list?
Invesco India Mid Cap Fund Direct - Growth has the highest 3-year return at 28.16%.
Are 5-year returns a better indicator than 1-year returns?
Yes, 5-year returns of 24.55% or 23.94% show long-term compounding strength compared to short-term 1-year performance.
Is the mid cap category risky?
Mid-cap funds carry moderate to high risk because they invest in growing companies, but they also offer higher growth potential over the long term.