IISL NIFTY Midcap 100 PR INR
(As of 31 Dec, 2020)
The Scheme seeks to generate capital appreciation by investing predominantly in Midcap companies.
1 %(If redeemed within 365 days)
This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.
L&T Technology Services Ltd
Coromandel International Ltd
Balkrishna Industries Ltd
ICICI Bank Ltd
Mid cap funds invest only in mid cap companies – those with a market capitalization of INR 500 – INR 10000 Crores. Mid cap funds can be highly volatile and risky; hence, isn’t recommended for first-time investors as well as investors with low risk appetite. The ideal investment horizon for mid cap funds is 5 -7 years and does offer higher returns than both multi cap and large cap funds. However, the flip side to it is that during economic turmoil and crises, mid cap funds can fall down excessively. So, be careful while picking Mid cap funds.
This fund is rated 5 stars by Morning Star Ratings.