Synopsis: The article evaluates three major mid-cap mutual funds, WhiteOak Capital, Invesco India, and Nippon India, by assessing their three-year performance and their expense ratio and their investment performance stability to determine which fund performs best in current market conditions.
Mid-cap mutual funds invest in companies that exist between established large corporations and developing small-cap companies. The companies show strong growth potential, which results in high long-term returns because of their market volatility. Mid-cap funds serve as a vital tool for investors who maintain their investments during market fluctuations to build their wealth. Investors can build their investments progressively by using SIPs, which provide a structured method to manage market changes.
1. WhiteOak Capital Mid Cap Fund
- NAV: ₹19.16
- AUM: ₹4,694.85 Cr
- Expense Ratio: 0.57%
- Exit Load: 1% (within 1 month)
- Performance Snapshot
- 3-Year CAGR: 25.4%
- 3-Year Absolute Return: 97.7%
- Category Comparison (3-Year)
- Fund 3-Year CAGR: 25.4%
- Equity Mid Cap Category Average: 21.6%
- Outperformance: +3.8 percentage points
2. Invesco India Mid Cap Fund
- NAV: ₹193.53
- AUM: ₹10,771.90 Cr
- Expense Ratio: 0.55%
- Exit Load: 1% (within 1 year)
- Performance Snapshot
- 3-Year CAGR: 24.6%
- 3-Year Absolute Return: 93.9%
- Category Comparison (3-Year)
- Fund 3-Year CAGR: 24.6%
- Equity Mid Cap Category Average: 21.6%
- Outperformance: +3 percentage points
3. Nippon India Growth Mid Cap Fund
- NAV: ₹4,275.09
- AUM: ₹43,982.51 Cr
- Expense Ratio: 0.78%
- Exit Load: 1% (within 1 month)
- Performance Snapshot
- 3-Year CAGR: 24.0%
- 3-Year Absolute Return: 90.8%
- Category Comparison (3-Year)
- Fund 3-Year CAGR: 24.0%
- Equity Mid Cap Category Average: 21.6%
- Outperformance: +2.4 percentage points
Example: Mid-Cap Mutual Funds Comparison (SIP: ₹5,000/month for 3 Years)
| Features | WhiteOak Capital Mid Cap Fund | Invesco India Mid Cap Fund | Nippon India Growth Mid Cap Fund |
| 3-Year CAGR | 25.4% | 24.6% | 24.0% |
| Total Invested | ₹1,80,000 | ₹1,80,000 | ₹1,80,000 |
| Estimated Value | ₹2,60,087 | ₹2,57,260 | ₹2,55,154 |
| Approximate Profit | ₹80,087 | ₹77,260 | ₹75,154 |
Note: This SIP table is an illustrative example to show how similar CAGR differences translate into wealth creation over a 3-year period. Actual returns may vary depending on market conditions and investment timing. For reference, readers can check the Groww SIP calculator for more detailed projections.
Key Takeaways:
- All three funds have outperformed the mid-cap category average over the three-year period.
- WhiteOak Capital Mid Cap Fund leads in both CAGR and SIP returns.
- Invesco India Mid Cap Fund offers a balance of performance and a lower expense ratio.
- Nippon India Growth Mid Cap Fund stands out for its large AUM and track record.
Conclusion
All three mid-cap funds have delivered strong and comparable returns, with WhiteOak Capital slightly leading. The results between the three options show only minor differences because the fund produced similar results for both. Investors should select their investments based on their ability to handle risk together with their expense needs and their long-term objectives.
Written By Ameet S
Disclaimer: The information provided in this article is for educational purposes only and should not be construed as financial advice or an investment recommendation. Historical performance determines the returns mentioned, which may not be sustainable in the future. Mutual fund investments are subject to market risks, including potential loss of capital. Investors are advised to assess their risk appetite and financial goals and to consult a certified financial advisor before investing.
