Top Midcap Funds: Up to 24.6% Returns in 3 Years

If you’re exploring investment options and eyeing midcap mutual funds, you’ll be interested to know some have shown impressive growth recently. Data as of July 23, 2026, reveals several midcap funds delivered significant annualized returns over the past three years.

Top Performers in the Midcap Segment

Midcap funds invest in companies typically larger than small-caps but smaller than established large-cap firms. This segment often offers a balance of growth potential and stability, making it an attractive option for many investors. Understanding the performance of specific funds can guide your decisions.

Here’s a look at five midcap mutual funds that have stood out with their annualized returns over the last three years:

• The HSBC Midcap Fund achieved a strong annualized return of 24.6%.
• Following closely, the Invesco India Mid Cap Fund delivered an annual return of 24.4%. This fund also holds a four-star rating from Value Research and manages an Asset Under Management (AUM) of Rs 13,767 crore.
• The ICICI Prudential Midcap Fund recorded an annualized return of 22.8% during the same period.
• The WhiteOak Capital Mid Cap Fund also showed robust performance with an annual return of 22.2%.
• Finally, the Edelweiss Mid Cap Fund provided an annualized return of 22%. It boasts a five-star rating from Value Research and has an AUM of Rs 17,748 crore.

What These Returns Mean for You

These figures highlight the potential for robust returns within the midcap segment over a three-year horizon. When considering these funds, it’s important to remember that past performance doesn’t guarantee future results. Always align your investment choices with your personal financial goals and risk tolerance.