Mid-cap stocks have seen a massive run-up in the current financial year with the Mid-cap index rising over 22 per cent since April 1, 2016 till August 24, outperforming the Sensex which rose 11 per cent during the period. The rise has resulted in many mid-cap mutual fund showing stellar performance and giving good returns to investors.
The Mid-cap Index closed at 13,023.88 on August 24 against 10,643.32 on April 1. Against this, the Sensex rose from 25,269.64 on April 1 to 28,059 on August 24.
