In the past year, the Nifty Midcap 100 index has fallen close to 9.4%. In this steep fall, there are select quality midcaps which could show a reasonably good earnings recovery. Historical data point out that in a long-duration cycle (more than five years), the recovery in earnings growth in mid-sized companies has been far higher than big ones. Keeping this in mind, investors who intend to participate in such growth stories may consider investing in schemes that have particular focus on quality mid-sized companies.