3 mid cap funds multiplied investors wealth by over 40 times in 20 years

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    Wealth Creators
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    Wealth Creators

    Around three mid cap funds multiplied investors wealth by more than 40 times in the last 20 years, an analysis by ETMutualFunds showed. There were around seven mid cap funds in the said period.

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    Sundaram Mid Cap Fund
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    Sundaram Mid Cap Fund

    This mid cap fund multiplied wealth by 61.42 times. A lumpsum investment of Rs 5 lakh made 20 years ago would have been Rs 3.07 crore now. The scheme gave a CAGR of 22.84% in the said period.

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    Nippon India Growth Fund
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    Nippon India Growth Fund

    This mid cap fund multiplied investors wealth by around 57.63 times. A lumpsum investment of Rs 5 lakh made 20 years ago would have been Rs 2.88 crore now. The scheme gave a CAGR of 22.45% in the said period.

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    Tata Mid Cap Growth Fund
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    Tata Mid Cap Growth Fund

    This mid cap fund multiplied investors wealth by around 40.37 times. A lumpsum investment of Rs 5 lakh made 20 years ago would have been Rs 2.01 crore now. The scheme gave a CAGR of 20.29% in the said period.

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    Other mid caps
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    Other mid caps

    The other four mid caps multiplied investors' lumpsum investment by around 15.14 times to 38.80 times. These schemes gave a CAGR ranging between 14.54% to 20.05% in the last 20 years.

    IANS
    The Economic Times
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