If you dig deep into the portfolio of equity mutual fund (MF) schemes that delivered relatively better returns over the long run, you would find that these schemes had a sizeable exposure to midcap stocks. In equity MF schemes, midcap stocks mean companies ranking from 101 to 250 in the full market-capitalisation stack. Prudent stock selection by the fund managers from this space has so far paid off well. Here are the lists of top midcap stocks (in terms of market value) held by top MFs.
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