The document discusses mid-cap mutual funds, which invest in equities of mid-cap companies (ranked 100th to 251st by market capitalization) and have the potential for higher returns despite higher risks. It lists top-performing funds for FY 2019-20, including L&T Midcap Fund, DSP Midcap Fund, and Invesco India Mid Cap Fund, providing details on their performance and metrics. It advises investors seeking long-term capital gains to consider these funds, but warns that conservative or short-term investors should avoid them.

1. Mid-Cap Mutual Funds
Top Performing Schemes for FY 2019-20 in Mid-Cap Category

2. What is a Mid Cap Fund?
• It is a mutual fund that predominantly invests in equities of mid cap companies
• Firms which rank between 100th
to 251st
position in terms of market capitalisation are called mid cap
companies
• Mid-cap funds possess higher risk than large-cap funds but can provide better returns as the
companies in the mid-cap section have plenty of opportunities to grow and are more stable than small-
cap industries.

3. Top Performing Mid-Cap Funds for 2019
Mid-cap stocks are recovering from downtrends of 2018 and can be quite beneficial for 2019.
Following mid-cap funds are much likely to be the top performers in FY 2019-20.
• L&T Midcap Fund
• DSP Midcap Fund
• Invesco India Mid Cap Fund
• ICICI Prudential Midcap Fund
• Kotak Emerging Equity Scheme

4. Basic Comparison
Launch Date
AUM (Rs
crore)
Expense Ratio
Standard
Deviation
L&T Midcap Fund 9-Aug-04 4,390 2.13% 15.19
DSP Midcap Fund 14-Nov-06 6,134 2.01% 15.57
Invesco India Mid Cap Fund 19-Apr-07 349 2.47% 15.04
ICICI Prudential Midcap Fund 28-Oct-04 1,689 2.41% 14.39
Kotak Emerging Equity Scheme 30-Mar-07 4,091 2.29% 15.09

5. L&T Midcap Fund
Trailing Returns
Time Period 1 year 3 year 5 year 10 year
Fund -6.58 17.04 21.73 22.75
Benchmark -6.14 13.72 17.34 18.02
Category Average -5.86 12.58 18.01 21.49
L&T Midcap Fund has been a consistent performer and has delivered outstanding returns in the positive as well
as negative market conditions.

6. DSP Midcap Fund
Trailing Returns
Time Period 1 year 3 year 5 year 10 year
Fund -3.89 14.84 19.94 22.64
Benchmark -6.32 13.57 17.84 17.83
Category Average -5.68 12.45 18.56 21.29
DSP Midcap Fund is a highly chosen mid-cap scheme which has delivered high returns in the long term and has
been much impressive in the negative market conditions.

7. Invesco India Mid Cap Fund
Trailing Returns
Time Period 1 year 3 year 5 year 10 year
Fund 0.26 14.26 19.19 23.6
Benchmark -6.32 13.57 17.84 17.83
Category Average -5.68 12.45 18.56 21.29
Invesco India Mid Cap Fund is a less volatile mid-cap scheme but can be highly beneficial in the favourable market
conditions.

8. ICICI Prudential Midcap Fund
Trailing Returns
Time Period 1 year 3 year 5 year 10 year
Fund -5.42 14.11 18.9 20.24
Benchmark -8.28 14.03 19.62 19.53
Category Average -5.68 12.45 18.56 21.29
ICICI Prudential Midcap Fund has higher allocation in small-cap stocks but is less volatile and has delivered
consistent returns in the long term.

9. Kotak Emerging Equity Scheme
Trailing Returns
Time Period 1 year 3 year 5 year 10 year
Fund -4.6 14.32 22.28 20.65
Benchmark -6.32 13.57 17.84 17.83
Category Average -5.68 12.45 18.56 21.29
Kotak Emerging Equity Scheme has been quite beneficial in recent years and has the potential to deliver highest
returns in the category.

10. Who Should Invest in Mid-Cap Funds?
• Investors who seek for long term capital gains from mid-cap stocks.
• Investors must be prepared to take high risk
• Investments should be held for more than 5 years for better returns
• Conservative or short term investors should avoid these schemes
• Investors must not choose a mid cap fund as only scheme in the
portfolio

11. Start Investing Today for Remunerative Growth
Disclaimer: The information and suggestions of the funds in the presentation are for informative purpose only. The facts and figures in the presentation are as per the sources which include ValueResearch and Moneycontrol as
on 15-4-2019. Mutual fund investments are subject to market risk. Read all the scheme related documents carefully.