An SIP of Rs 25,000 every month may look manageable for many investors, but over five years it can build a sizeable investment. The final value, however, will depend on how the selected mutual fund has performed during that period. Some midcap schemes may deliver much higher returns than others because of differences in their portfolio, fund management, and investment strategy.
Looking only at the highest return is not enough when choosing a fund. Investors should also check how consistently the scheme has performed, its expense ratio, fund size, and how it behaved during weak market phases. Past performance can help in comparing funds, but it does not guarantee the same returns in the future.
In this article, we will look at some of the top-performing midcap mutual funds over the last five years and calculate how much a Rs 25,000 monthly SIP could have grown during the same period.
Nippon India Growth Mid Cap Fund
Nippon India Growth Mid Cap Fund has a market cap of Rs 52,271 crore, and the NAV was Rs 4,472.57 as of September 11, 2026. The fund has delivered an annualised return of 17.64 per cent over the past five years.
Total SIP investment: Rs 15,00,000
Maturity value: Rs 24,16,414
HDFC Mid Cap Fund
The sixth fund on the list is HDFC Mid Cap Fund. The fund has a market cap of Rs 1,08,325 crore, and the NAV was Rs 207.95 as of September 11, 2026. The fund has delivered an annualised return of 17.73 per cent over the past five years.
Total SIP investment: Rs 15,00,000
Maturity value: Rs 24,22,643
Edelweiss Mid Cap Fund
The fifth fund on the list is Edelweiss Mid Cap Fund. The fund has a market cap of Rs 19,891 crore, and the NAV was Rs 108.53 as of September 11, 2026. The fund has delivered an annualised return of 17.92 per cent over the past five years.
Total SIP investment: Rs 15,00,000
Maturity value: Rs 24,35,857
Motilal Oswal Midcap Fund
Next fund on the list is Motilal Oswal Midcap Fund. It is a Rs 42,852 crore fund. The fund has given an annualised return of 18.08 per cent, and its NAV was Rs 104.74 as of September 11, 2026.
Total SIP investment: Rs 15,00,000
Maturity value: Rs 24,47,052
ICICI Prudential Mid Cap Fund
The third fund on the list is ICICI Prudential Midcap Fund. It is an Rs 8,403 crore fund. The fund has given an annualised return of 18.41 per cent and its NAV was Rs 340.25 as of September 11, 2026.
Total SIP investment: Rs 15,00,000
Maturity value: Rs 24,70,339
Invesco India Mid Cap Fund
The next fund on the list is Invesco India Mid Cap Fund. The fund’s market cap is Rs 15,905 crore, and the NAV was Rs 198.08 as of August 11, 2026. The fund has delivered an annualised return of 20.66 per cent over the past five years.
Total SIP investment: Rs 15,00,000
Maturity value: Rs 26,36,428
HSBC Midcap Fund
The top fund on the list is HSBC Midcap Fund. With a market capitalisation of Rs 17,188 crore, the fund has given an annualised return of 21.78 per cent over the past five years. The fund’s NAV was Rs 476.20 as of August 11, 2026.
Total SIP investment: Rs 15,00,000
Maturity value: Rs 27,24,082
Our calculations are projections and not investment advice. Do your own due diligence or consult an expert for financial planning.
