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5 top performing midcap funds log up to 21% returns in 1 year. Here are their key holdings

Five top performing midcap funds have delivered up to 21 per cent returns in the last one year in comparison with a 3 per cent drop in the BSE Midcap index. These mutual fund schemes have their top holdings from different sectors, yet they managed to perform well, suggesting bottom-up investing working for the schemes.

Motilal Oswal Midcap 30 Fund has delivered 21 per cent return in the last one year. Top five stocks of the scheme accounted for 42.63 per cent of the scheme assets.

is its biggest holding accounting for 10.62 per cent of assets. This scrip has delivered 35.11 per cent return 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 biggest holdings as of latest filings.

Among these stocks Gujarat Gas has fallen 34 per cent in the last one year. Phoenix Mills has rallied 39 per cent, CG Power has soared 137 per cent while the recently listed Campus Activewear is trading 12 per cent higher than its issue price of Rs 292.


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Quant Midcap Fund has seen 9.87 per cent rise in its NAV. Five of its top holdings account for 28.35 per cent of its assets. They are (6.32 per cent of assets), The 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 BSE Midcap’s 3 per cent slide. The Indian Hotels Company has rallied 59 per cent in the last one year, Canara Bank has risen 21 per cent, Tata Communications has fallen 28 per cent while shares of Container Corporation of India have declined 11 per cent in the past one year.

SBI Magnum Midcap (up 8.06 per cent), PGIM Midcap (up 7.53 per cent) and Nippon Ind Growth (up 7.48 per cent) are 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 is up 36 per cent in the last one year, Sheela Foam has gained 19 per cent during the same period. Schaeffler India has climbed 93 per cent during the same period. Crisil has risen 21 per cent over the last one year. Overall, the top holdings accounted for 23.52 per cent of

SBI Magnum’s assets as of latest filing.

PGIM Midcap has 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) as its largest holdings. ABB India has jumped 25 per cent in the last one year. HDFC Bank has dropped 11 per cent; Timken India has advanced 54 per cent while Persistent Systems has climbed 25 per cent in the last one year.

Meanwhile, Nippon Industries Growth’s top holdings included Varun Beverages, Cholamandalam Financial Holdings, Max Financial Services,

and The Federal Bank. They accounted for 27.77 per cent of the fund’s assets. has climbed 21.56 per cent, has jumped 61 per cent ; has plunged 25 per cent; AU Small Finance Bank has risen 19 per cent while Federal Bank is up 4 per cent in the last one year.

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

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