Mid-cap funds are equity-oriented schemes offered by mutual fund houses. These funds predominantly invest a major portion of their assets in mid-cap businesses. Mid-caps are companies that rank from 101st to 250th in terms of full market capitalization. These funds invest a minimum of 65 per cent of their total assets in equity and equity-related instruments of the mid-cap companies. These companies are some of the fastest-growing companies in India and are potential business leaders.
Below are some of the top mid cap funds.