Best Mid Cap Mutual Funds in India (2026)

Mid-cap funds target medium-sized companies with higher growth potential — and higher swings. Best for long horizons and a stomach for volatility.

Our top pick for this is HDFC Mid-Cap Opportunities — A large, well-regarded mid-cap fund with a long, consistent track record — a solid choice for investors seeking mid-cap growth without chasing fads.

Market-risk warning: mutual funds are subject to market risk; past performance does not guarantee future returns. Information only, not investment advice.
#NameScoreCategory5Y Return (CAGR)*Expense Ratio*Risk
3HDFC Mid-Cap Opportunities8.8/10Mid Cap~24%~0.8%High
5Mirae Asset Large & Midcap8.5/10Large & Mid~19%~0.6%High
9Motilal Oswal Midcap8.0/10Mid Cap~28%~0.6%Very High
3

HDFC Mid-Cap Opportunities

A large, well-regarded mid-cap fund with a long, consistent track record — a solid choice for investors seeking mid-cap growth without chasing fads.

8.8
/ 10
Category
Mid Cap
5Y Return (CAGR)*
~24%
Expense Ratio*
~0.8%
Risk
High
  • Consistent mid-cap performer
  • Experienced fund house
  • Diversified portfolio
  • High volatility
  • Large fund size
  • Mid-caps swing hard
5

Mirae Asset Large & Midcap

Blends stable large-caps with higher-growth mid-caps in one fund, giving a balanced growth profile with a strong long-term record.

8.5
/ 10
Category
Large & Mid
5Y Return (CAGR)*
~19%
Expense Ratio*
~0.6%
Risk
High
  • Balanced large + mid exposure
  • Low expense ratio
  • Strong track record
  • More volatile than pure large-cap
  • Large AUM
  • Mid-cap swings
9

Motilal Oswal Midcap

A high-conviction mid-cap fund that has delivered strong returns with a concentrated portfolio — higher reward, higher risk, for aggressive long-term investors.

8.0
/ 10
Category
Mid Cap
5Y Return (CAGR)*
~28%
Expense Ratio*
~0.6%
Risk
Very High
  • Strong recent performance
  • High-conviction approach
  • Low expense ratio
  • Concentrated = higher risk
  • Very volatile
  • Style can underperform in cycles

Other fund categories

Returns and expense ratios indicative as of June 2026 and change daily. Mutual funds are subject to market risk; past performance is not a guarantee. Information only, not investment advice. Consult a SEBI-registered adviser.