Mid Cap Funds, Through a Lens

Funds in this category, sorted on open public data. Pick a lens — each is a different, transparent way to rank. These are tools, not recommendations: no stars, no "best fund", no buy/sell calls.

Category

Data as of 2026-06-16 (NAV) · 24 Direct-Growth funds · Risk-free rate 6.5% · Source: AMFI / mfapi.in

Sorts a category by how much return each fund delivered for the risk it took (its volatility). It rewards steadier compounding over funds that merely rode a rally.

#	Fund	Sharpe 3Y ▾	3Y Return ▾	5Y Return ▾	Volatility ▾	Sortino ▾	Max Drawdown ▾
1	BNP Paribas Mid Cap Fund Option BNP Paribas Mutual Fund	0.98	25.2%	16.2%	19.1%	1.49	-35.5%
2	Bandhan Large & Mid Cap Fund Bandhan Mutual Fund	0.97	22.8%	18.8%	16.8%	1.38	-38.5%
3	Nippon India Growth Mid Cap Fund Plan - Growth Option Nippon India Mutual Fund	0.96	24.7%	22.2%	18.9%	1.42	-35.3%
4	Sundaram Mid Cap Fund Sundaram Mutual Fund	0.91	23.9%	20.1%	19.1%	1.33	-44.3%
5	HDFC Mid Cap Fund - Growth Option - Direct Plan HDFC Mutual Fund	0.89	22.7%	21.0%	18.2%	1.34	-39.5%
6	Kotak Midcap Fund Kotak Mahindra Mutual Fund	0.82	22.1%	19.5%	19.0%	1.21	-36.0%
7	Franklin India Mid Cap Fund - Direct - Growth Franklin Templeton Mutual Fund	0.74	19.7%	16.2%	17.9%	1.11	-36.6%
8	Tata Mid Cap Fund Option Tata Mutual Fund	0.72	20.1%	17.9%	18.8%	1.08	-35.1%
9	DSP Midcap Fund DSP Mutual Fund	0.71	20.0%	14.0%	19.1%	1.08	-32.7%
10	DSP Large & Mid Cap Fund DSP Mutual Fund	0.71	18.8%	14.8%	17.2%	1.07	-36.8%
11	Aditya Birla Sun Life Midcap Fund - Growth - Direct Plan Aditya Birla Sun Life Mutual Fund	0.71	20.2%	17.8%	19.1%	1.05	-45.1%
12	Nippon India Vision Large & Mid Cap Fund Plan - Growth Option Nippon India Mutual Fund	0.66	18.6%	16.2%	18.4%	0.97	-45.0%
13	BANK OF INDIA Large & Mid Cap Fund Bank of India Mutual Fund	0.64	17.1%	14.6%	16.6%	0.92	-37.9%
14	SBI LARGE & MIDCAP FUND SBI Mutual Fund	0.58	16.1%	15.7%	16.5%	0.84	-36.4%
15	L&T Mid Cap Fund L&T Mutual Fund	0.58	17.5%	8.7%	18.8%	0.86	-39.8%
16	Mirae Asset Large & Midcap Fund Mirae Asset Mutual Fund	0.57	16.3%	13.4%	17.2%	0.87	-36.9%
17	Sundaram Large and Midcap Fund Sundaram Mutual Fund	0.54	15.7%	14.8%	17.0%	0.76	-38.0%
18	L&T Large and Midcap Fund L&T Mutual Fund	0.53	15.7%	8.9%	17.2%	0.77	-38.1%
19	Franklin India Large & Mid Cap Fund - Direct - Growth Franklin Templeton Mutual Fund	0.49	14.9%	12.4%	17.2%	0.71	-41.8%
20	SBI MIDCAP FUND SBI Mutual Fund	0.44	14.7%	16.6%	18.5%	0.65	-43.0%
21	CANARA ROBECO LARGE AND MID CAP FUND OPTION Canara Robeco Mutual Fund	0.43	14.6%	13.4%	18.7%	0.67	-36.2%
22	Aditya Birla Sun Life Large & Mid Cap Fund - Growth - Direct Plan Aditya Birla Sun Life Mutual Fund	0.41	14.2%	10.5%	18.5%	0.60	-39.3%
23	Taurus Mid Cap Fund Taurus Mutual Fund	0.34	13.0%	12.5%	19.1%	0.51	-32.8%
24	Tata Large & MId Cap Fund Option Tata Mutual Fund	0.24	10.4%	12.2%	16.5%	0.35	-35.7%

How this rank is calculated ▸

Formula. Sharpe (3Y) = (3-year annualised return − risk-free rate) ÷ annualised volatility. Funds are then ranked, highest Sharpe first, within their SEBI category.

Inputs. Daily NAV history (3Y) · Risk-free rate 6.5%

As of. NAV 2026-06-16; computed 2026-06-17.

Limits. Backward-looking. A high past Sharpe does not guarantee future risk-adjusted returns, and volatility is only one definition of risk.

Sorts a category by how frequently a fund beat its peers across many overlapping 3-year periods, rewarding repeatable performance over a single lucky stretch.

#	Fund	Consistency ▾	3Y Return ▾	5Y Return ▾	Windows tested ▾
1	Kotak Midcap Fund Kotak Mahindra Mutual Fund	69.6%	22.1%	19.5%	125
2	Mirae Asset Large & Midcap Fund Mirae Asset Mutual Fund	65.6%	16.3%	13.4%	125
3	Tata Mid Cap Fund Option Tata Mutual Fund	64.8%	20.1%	17.9%	125
4	HDFC Mid Cap Fund - Growth Option - Direct Plan HDFC Mutual Fund	64.0%	22.7%	21.0%	125
5	Nippon India Growth Mid Cap Fund Plan - Growth Option Nippon India Mutual Fund	61.6%	24.7%	22.2%	125
6	SBI MIDCAP FUND SBI Mutual Fund	58.4%	14.7%	16.6%	125
7	Franklin India Mid Cap Fund - Direct - Growth Franklin Templeton Mutual Fund	57.6%	19.7%	16.2%	125
8	CANARA ROBECO LARGE AND MID CAP FUND OPTION Canara Robeco Mutual Fund	56.8%	14.6%	13.4%	125
9	DSP Large & Mid Cap Fund DSP Mutual Fund	55.2%	18.8%	14.8%	125
10	Sundaram Mid Cap Fund Sundaram Mutual Fund	55.2%	23.9%	20.1%	125
11	Aditya Birla Sun Life Midcap Fund - Growth - Direct Plan Aditya Birla Sun Life Mutual Fund	54.4%	20.2%	17.8%	125
12	DSP Midcap Fund DSP Mutual Fund	52.0%	20.0%	14.0%	125
13	Taurus Mid Cap Fund Taurus Mutual Fund	48.0%	13.0%	12.5%	125
14	Bandhan Large & Mid Cap Fund Bandhan Mutual Fund	47.2%	22.8%	18.8%	125
15	SBI LARGE & MIDCAP FUND SBI Mutual Fund	47.2%	16.1%	15.7%	125
16	L&T Mid Cap Fund L&T Mutual Fund	45.1%	17.5%	8.7%	82
17	BNP Paribas Mid Cap Fund Option BNP Paribas Mutual Fund	44.6%	25.2%	16.2%	74
18	Nippon India Vision Large & Mid Cap Fund Plan - Growth Option Nippon India Mutual Fund	44.0%	18.6%	16.2%	125
19	Tata Large & MId Cap Fund Option Tata Mutual Fund	42.4%	10.4%	12.2%	125
20	Sundaram Large and Midcap Fund Sundaram Mutual Fund	36.8%	15.7%	14.8%	125
21	BANK OF INDIA Large & Mid Cap Fund Bank of India Mutual Fund	31.2%	17.1%	14.6%	125
22	Franklin India Large & Mid Cap Fund - Direct - Growth Franklin Templeton Mutual Fund	30.4%	14.9%	12.4%	125
23	Aditya Birla Sun Life Large & Mid Cap Fund - Growth - Direct Plan Aditya Birla Sun Life Mutual Fund	30.4%	14.2%	10.5%	125
24	L&T Large and Midcap Fund L&T Mutual Fund	19.5%	15.7%	8.9%	82

How this rank is calculated ▸

Formula. Consistency = the share of rolling 3-year windows (monthly start dates) in which the fund's annualised return exceeded the category's median 3-year return. Ranked highest-consistency first.

Inputs. Daily NAV history (≥3Y) · Category median 3Y return

As of. NAV 2026-06-16; computed 2026-06-17.

Limits. Past performance is NOT indicative of future results. A strong record can break the moment the manager, mandate or market regime changes.

Uses a statistical factor model (Z-score combination) to rank funds based on short-term 6-month momentum, 3-year consistency, and 3-year Sharpe ratio. Designed to identify funds with strong recent momentum and robust track records.

#	Fund	Smart Score ▾	6M Mom ▾	3Y Return ▾	3Y Sharpe ▾	Consistency ▾
1	Kotak Midcap Fund Kotak Mahindra Mutual Fund	70.94	8.0%	22.1%	0.82	69.6%
2	Nippon India Growth Mid Cap Fund Plan - Growth Option Nippon India Mutual Fund	70.21	8.0%	24.7%	0.96	61.6%
3	Aditya Birla Sun Life Midcap Fund - Growth - Direct Plan Aditya Birla Sun Life Mutual Fund	61.02	5.6%	20.2%	0.71	54.4%
4	Sundaram Mid Cap Fund Sundaram Mutual Fund	59.82	2.1%	23.9%	0.91	55.2%
5	Tata Mid Cap Fund Option Tata Mutual Fund	58.54	0.6%	20.1%	0.72	64.8%
6	L&T Mid Cap Fund L&T Mutual Fund	57.16	6.6%	17.5%	0.58	45.1%
7	HDFC Mid Cap Fund - Growth Option - Direct Plan HDFC Mutual Fund	57.11	-2.2%	22.7%	0.89	64.0%
8	DSP Midcap Fund DSP Mutual Fund	55.89	2.2%	20.0%	0.71	52.0%
9	L&T Large and Midcap Fund L&T Mutual Fund	55.06	12.7%	15.7%	0.53	19.5%
10	BNP Paribas Mid Cap Fund Option BNP Paribas Mutual Fund	51.94	-2.0%	25.2%	0.98	44.6%
11	Bandhan Large & Mid Cap Fund Bandhan Mutual Fund	51.93	-2.7%	22.8%	0.97	47.2%
12	SBI MIDCAP FUND SBI Mutual Fund	51.73	0.2%	14.7%	0.44	58.4%
13	Mirae Asset Large & Midcap Fund Mirae Asset Mutual Fund	49.53	-5.0%	16.3%	0.57	65.6%
14	Franklin India Mid Cap Fund - Direct - Growth Franklin Templeton Mutual Fund	48.27	-5.7%	19.7%	0.74	57.6%
15	DSP Large & Mid Cap Fund DSP Mutual Fund	47.55	-5.4%	18.8%	0.71	55.2%
16	SBI LARGE & MIDCAP FUND SBI Mutual Fund	45.74	-3.0%	16.1%	0.58	47.2%
17	BANK OF INDIA Large & Mid Cap Fund Bank of India Mutual Fund	44.91	0.1%	17.1%	0.64	31.2%
18	Nippon India Vision Large & Mid Cap Fund Plan - Growth Option Nippon India Mutual Fund	43.46	-4.9%	18.6%	0.66	44.0%
19	Aditya Birla Sun Life Large & Mid Cap Fund - Growth - Direct Plan Aditya Birla Sun Life Mutual Fund	40.95	-0.2%	14.2%	0.41	30.4%
20	CANARA ROBECO LARGE AND MID CAP FUND OPTION Canara Robeco Mutual Fund	40.82	-7.9%	14.6%	0.43	56.8%
21	Sundaram Large and Midcap Fund Sundaram Mutual Fund	40.81	-3.6%	15.7%	0.54	36.8%
22	Taurus Mid Cap Fund Taurus Mutual Fund	37.07	-7.4%	13.0%	0.34	48.0%
23	Tata Large & MId Cap Fund Option Tata Mutual Fund	30.13	-10.1%	10.4%	0.24	42.4%
24	Franklin India Large & Mid Cap Fund - Direct - Growth Franklin Templeton Mutual Fund	29.42	-10.3%	14.9%	0.49	30.4%

How this rank is calculated ▸

Formula. Predictive Score = (6M Momentum Z-score × 0.5) + (3Y Consistency Z-score × 0.3) + (3Y Sharpe Z-score × 0.2), scaled to a 0-100 index.

Inputs. 6-month trailing return · 3-year rolling consistency · 3-year Sharpe ratio

As of. NAV 2026-06-16; computed 2026-06-17.

Limits. Statistical model based purely on historical data. Does not guarantee future returns and is subject to market regime changes.

What this is — and isn't

The Fund Explorer describes public data. Each lens sorts funds within a single SEBI category on a stated, reproducible metric — and shows you the inputs, the formula and the date. It does not rate funds, pick a "best" fund, or tell you what to buy or sell. Rankings are not forecasts. A fund's position changes as data changes. Past performance is not indicative of future results. Consider your own goals and risk tolerance — or consult a SEBI-registered investment adviser — before investing. Mutual fund investments are subject to market risks; read all scheme-related documents carefully.

All categories & how the lenses work