Over the last one year, several mid-cap funds have continued to deliver positive returns even as the broader equity markets remained volatile. With the S&P BSE Midcap index at all-time high, fund managers believe that going forward returns will purely depend on selection of stocks.
Schemes such as Mirae Asset emerging Bluechip Fund, DSP BlackRock Small and Mid Cap Fund, Kotak Mid Cap Fund and Franklin India Prima Fund gave returns in the range of 11-12% in the last one year.