Top 5 mid-cap schemes that have outperformed

The small-cap and mid-cap themes which were the darling of the investors for the last couple of years are bleeding like anything now. The theme had served manifold returns to investors till the end of 2017. But the year 2018 dawned with huge challenges for these themes. The benchmark index S&P BSE small-cap and S&P BSE mid-cap have tumbled by more than 10 per cent during 2018 as 75 per cent of their constituents stocks yielded negative returns.

Elevated valuations coupled with geopolitical pressures have impacted the mid-cap theme badly. In this challenging scenario, fund managers have to make choices perfectly and protect the returns of their schemes. All the schemes from the mid-cap space have delivered negative returns in the last one month.

But some of the schemes have managed to outperform their category during the same period. According to our data analysis, below-mentioned schemes have managed to survive in a bleeding market when compared to the category of equity mid-cap. The category has given negative returns of 3.83 per cent in the last one month.

The performance of these schemes suggest the performance and the ability of their fund managers to cope with the current market conditions. So investors are advised to check a fund’s management along with its returns.