Latest news with #NiftyMidcap150TRI
Time of India
24-07-2025
- Business
- Time of India
Fitter & Stronger: Midcaps outperform smallcaps in long term
"They are no longer small or unproven; many have solid balance sheets, professional management, and institutional interest." Mutual funds focusing on midcap stocks have shown strong returns for SIP investors over time. Nifty Midcap 150 TRI has surpassed Nifty Smallcap 250 TRI in 10 and 15-year returns. Midcaps offer better risk-adjusted returns and stronger fundamentals. Recent MF inflows have significantly impacted midcap valuations. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Mumbai: Mutual funds that bet on midcap stocks have worked well for investors who have used systematic investment plans (SIPs) over longer periods, outperforming their smallcap counterparts.A study by Equirus Credence Family Office shows that the Nifty Midcap 150 Total Returns Index (TRI) delivered an average return of 17.3%, vs 15.1% for Nifty Smallcap 250 TRI, based on 10-year rolling returns. Over 15 years, the midcap index returned 16.9% versus 14.1% for the smallcap index."Midcap stocks have outperformed smallcaps over long term offering better risk-adjusted returns , stronger business fundamentals, and higher survivability," says Chanchal Agarwal, CIO, Equirus Credence Family funds categorise companies ranked 101-250 by market capitalisation as midcaps, while those ranked 251 and below fall under the category of makes the midcap universe a narrower space compared to small caps, which comprise a much larger and more fragmented set of companies. The recent flood of MF inflows, through SIPs, has had a more concentrated and pronounced impact on midcap stocks, driving valuations and supporting over shorter durations of three and five years, the midcap index returned 13.9% and 17.4%, respectively, as against 11.9% and 15.11% for small caps."The best smallcap companies go on to become midcap companies and hence it is logical that over the longer term they offer better returns," says Trideep Bhattacharya, CIO, Edelweiss Mutual also tend to experience lower drawdowns compared to smallcap funds. The minimum return over a five- and ten-year period for a rolling monthly SIP in Nifty Midcap 150 TRI was -8.2% and 6%, respectively. In comparison, the Nifty Smallcap 250 TRI posted minimum returns of -21.2% and 0.2%. The outperformances have resulted in midcaps trading at a premium to blue-chips. The Nifty Midcap 150 is at a PE ratio of 35.21 times as against 22.29 of Nifty. The Nifty Smallcap 250's PE ratio is 33.82 rich valuations, Equirus Credence expects midcaps to continue doing well. "Midcap companies are in a strong position," said Agarwal. "They are no longer small or unproven; many have solid balance sheets, professional management, and institutional interest."
Economic Times
24-07-2025
- Business
- Economic Times
Fitter & Stronger: Midcaps outperform smallcaps in long term
Agencies Live Events Mumbai: Mutual funds that bet on midcap stocks have worked well for investors who have used systematic investment plans (SIPs) over longer periods, outperforming their smallcap counterparts.A study by Equirus Credence Family Office shows that the Nifty Midcap 150 Total Returns Index (TRI) delivered an average return of 17.3%, vs 15.1% for Nifty Smallcap 250 TRI, based on 10-year rolling returns. Over 15 years, the midcap index returned 16.9% versus 14.1% for the smallcap index."Midcap stocks have outperformed smallcaps over long term offering better risk-adjusted returns , stronger business fundamentals, and higher survivability," says Chanchal Agarwal, CIO, Equirus Credence Family funds categorise companies ranked 101-250 by market capitalisation as midcaps, while those ranked 251 and below fall under the category of makes the midcap universe a narrower space compared to small caps, which comprise a much larger and more fragmented set of companies. The recent flood of MF inflows, through SIPs, has had a more concentrated and pronounced impact on midcap stocks, driving valuations and supporting over shorter durations of three and five years, the midcap index returned 13.9% and 17.4%, respectively, as against 11.9% and 15.11% for small caps."The best smallcap companies go on to become midcap companies and hence it is logical that over the longer term they offer better returns," says Trideep Bhattacharya, CIO, Edelweiss Mutual also tend to experience lower drawdowns compared to smallcap funds. The minimum return over a five- and ten-year period for a rolling monthly SIP in Nifty Midcap 150 TRI was -8.2% and 6%, respectively. In comparison, the Nifty Smallcap 250 TRI posted minimum returns of -21.2% and 0.2%. The outperformances have resulted in midcaps trading at a premium to blue-chips. The Nifty Midcap 150 is at a PE ratio of 35.21 times as against 22.29 of Nifty. The Nifty Smallcap 250's PE ratio is 33.82 rich valuations, Equirus Credence expects midcaps to continue doing well. "Midcap companies are in a strong position," said Agarwal. "They are no longer small or unproven; many have solid balance sheets, professional management, and institutional interest."
Time of India
02-05-2025
- Business
- Time of India
Edelweiss Mid Cap Fund only outperformer among 30 peers in April
Outperformer Live Events Underperformers Only the Edelweiss Mid Cap Fund managed to outperform its benchmark in April. There were around 30 funds in the mid-cap category during the period, and approximately 29 of them underperformed their respective benchmarks — indicating a 97% underperformance rate for the mid-cap Mid Cap Fund delivered a return of 5.08% in April, outperforming its benchmark, the Nifty Midcap 150 TRI , which returned 4.99% during the same fund is an open-ended equity scheme that primarily invests in mid-cap stocks. Its investment approach follows a bottom-up stock-picking strategy — focusing on company-specific fundamentals rather than macroeconomic fund maintains no particular bias toward any sector, with a core focus on mid-cap stocks listed on Indian exchanges. Its strategy is to identify companies early that have the potential to scale up and become materially larger over the medium to long minimum application amount is Rs 100, and in multiples of Re 1 thereafter. The scheme is managed by Dhruv Bhatia, Trideep Bhattacharya, and Raj 29 mid-cap funds underperformed their respective benchmarks during the same period. Of these, 23 are benchmarked against the Nifty Midcap 150 TRI, while the remaining six are benchmarked against the BSE 150 MidCap instance, Aditya Birla SL Midcap Fund returned 3.58% in April, lagging the 4.99% return posted by the Nifty Midcap 150 TRI. Axis Midcap Fund and Bandhan Midcap Fund — both benchmarked against the BSE 150 MidCap TRI — also failed to outperform during the Robeco Mid Cap Fund delivered a return of 4.21% in April but failed to beat its benchmark, the BSE 150 MidCap TRI, which returned 6.35% during the same period. Franklin India Prima Fund, the oldest mid-cap fund, returned 3.92%, underperforming its benchmark, the Nifty Midcap 150 TRI. HDFC Mid-Cap Opportunities Fund , the largest mid-cap fund by assets under management, delivered a 3.75% return in April, also failing to outperform the Nifty Midcap 150 second-largest mid-cap fund, Kotak Emerging Equity Fund , posted a return of 3.72%, underperforming its benchmark return of 4.99% during the Asset Midcap Fund and Motilal Oswal Midcap Fund returned 4.65% and 3.58% respectively in April but lagged behind the Nifty Midcap 150 TRI, their benchmark for the Mid Cap Fund returned 4.21% in April, trailing its benchmark, the Nifty Midcap 150 TRI, which returned 4.99%. SBI Magnum Midcap Fund, also benchmarked to the Nifty Midcap 150 TRI, similarly failed to April, mid-cap funds delivered an average return of 3.81%. Their benchmarks—the Nifty Midcap 150 TRI and the BSE 150 MidCap TRI—posted returns of 4.99% and 6.35% mid-cap funds available during the period were considered for this analysis, focusing on regular plans with the growth option. Returns were calculated from April 1 to April exercise is not a recommendation. It aims solely to evaluate the performance of mid-cap funds against their respective benchmarks in April. Investors should not base investment or redemption decisions on this analysis alone. Always consider individual risk appetite, investment horizon, and financial goals before making any investment decisions.
Economic Times
02-05-2025
- Business
- Economic Times
Edelweiss Mid Cap Fund only outperformer among 30 peers in April
Getty Images On average, mid-cap funds returned 3.81%, underperforming the Nifty Midcap 150 TRI (4.99%) and BSE 150 MidCap TRI (6.35%). Only the Edelweiss Mid Cap Fund managed to outperform its benchmark in April. There were around 30 funds in the mid-cap category during the period, and approximately 29 of them underperformed their respective benchmarks — indicating a 97% underperformance rate for the mid-cap category. Edelweiss Mid Cap Fund delivered a return of 5.08% in April, outperforming its benchmark, the Nifty Midcap 150 TRI, which returned 4.99% during the same fund is an open-ended equity scheme that primarily invests in mid-cap stocks. Its investment approach follows a bottom-up stock-picking strategy — focusing on company-specific fundamentals rather than macroeconomic fund maintains no particular bias toward any sector, with a core focus on mid-cap stocks listed on Indian exchanges. Its strategy is to identify companies early that have the potential to scale up and become materially larger over the medium to long term. The minimum application amount is Rs 100, and in multiples of Re 1 thereafter. The scheme is managed by Dhruv Bhatia, Trideep Bhattacharya, and Raj Koradia. Around 29 mid-cap funds underperformed their respective benchmarks during the same period. Of these, 23 are benchmarked against the Nifty Midcap 150 TRI, while the remaining six are benchmarked against the BSE 150 MidCap instance, Aditya Birla SL Midcap Fund returned 3.58% in April, lagging the 4.99% return posted by the Nifty Midcap 150 TRI. Axis Midcap Fund and Bandhan Midcap Fund — both benchmarked against the BSE 150 MidCap TRI — also failed to outperform during the Robeco Mid Cap Fund delivered a return of 4.21% in April but failed to beat its benchmark, the BSE 150 MidCap TRI, which returned 6.35% during the same period. Franklin India Prima Fund, the oldest mid-cap fund, returned 3.92%, underperforming its benchmark, the Nifty Midcap 150 TRI. HDFC Mid-Cap Opportunities Fund, the largest mid-cap fund by assets under management, delivered a 3.75% return in April, also failing to outperform the Nifty Midcap 150 TRI. The second-largest mid-cap fund, Kotak Emerging Equity Fund, posted a return of 3.72%, underperforming its benchmark return of 4.99% during the month. Mirae Asset Midcap Fund and Motilal Oswal Midcap Fund returned 4.65% and 3.58% respectively in April but lagged behind the Nifty Midcap 150 TRI, their benchmark for the Mid Cap Fund returned 4.21% in April, trailing its benchmark, the Nifty Midcap 150 TRI, which returned 4.99%. SBI Magnum Midcap Fund, also benchmarked to the Nifty Midcap 150 TRI, similarly failed to April, mid-cap funds delivered an average return of 3.81%. Their benchmarks—the Nifty Midcap 150 TRI and the BSE 150 MidCap TRI—posted returns of 4.99% and 6.35% mid-cap funds available during the period were considered for this analysis, focusing on regular plans with the growth option. Returns were calculated from April 1 to April 30. Disclaimer: This exercise is not a recommendation. It aims solely to evaluate the performance of mid-cap funds against their respective benchmarks in April. Investors should not base investment or redemption decisions on this analysis alone. Always consider individual risk appetite, investment horizon, and financial goals before making any investment decisions.
The Print
01-05-2025
- Business
- The Print
Large-cap funds delivered better returns than Nifty; Small-cap funds struggled in March: Report
The report analysed the performance of 298 open-ended diversified equity schemes, excluding sectoral and thematic funds. Mumbai [Maharashtra], May 1 (ANI): In a mixed month for equity mutual funds, 38.64 per cent of actively managed schemes managed to outperform their respective benchmarks in March 2025, according to a study by PL Wealth Management, the wealth arm of PL Capital. It said 'Out of the 298 open-ended equity diversified funds, about 38.64 per cent of the funds were able to outperform their respective benchmarks over the past one month, ended March 31st, 2025'. While overall outperformance declined compared to the previous month–when 54.08 per cent of schemes beat their benchmarks–the study highlighted strong showings from a few key categories, especially large-cap funds. Large-cap funds delivered the best performance among all categories. About 71.88 per cent of schemes in this segment outperformed the NIFTY 50 TRI benchmark in March. This was followed by large & mid-cap funds, where 58.06 per cent of schemes beat the NIFTY LargeMidcap 250 TRI. Mid-cap funds also showed promising results, with 51.72 per cent outperforming the Nifty Midcap 150 TRI benchmark. On the other hand, small-cap funds struggled the most during the month. Only 10 per cent of these schemes managed to outperform the Nifty Smallcap 250 TRI, making it the weakest-performing category. For the month ended March 2025, benchmark indices posted strong returns. The Nifty 50 TRI gained 6.31 per cent, Nifty Midcap 150 TRI rose 7.73 per cent, and Nifty Smallcap 250 TRI delivered the highest return at 9.10 per cent. Despite this, less than 40 per cent of diversified equity funds could beat their respective benchmarks. The report also assessed the performance of 271 open-ended equity diversified schemes over a one-year period ending March 2025. During this time, 57.56 per cent of the schemes outperformed their respective benchmarks, although this too marked a decline from the 67.02 per cent outperformance rate recorded in the previous month. In terms of benchmark returns over one year, Nifty 50 TRI returned 6.65 per cent, Nifty Midcap 150 TRI gained 8.17 per cent, and Nifty Smallcap 250 TRI posted a return of 6.02 per cent. The data suggests that while actively managed funds have faced pressure in the short term, some categories–particularly large-cap and mid-cap–continue to offer scope for outperformance. However, the overall decline in the percentage of schemes beating benchmarks, both on a monthly and annual basis, indicates a challenging environment for fund managers. (ANI) This report is auto-generated from ANI news service. ThePrint holds no responsibility for its content.
