The midcap mutual fund category showed varied performance in the January-March 2024 quarter, with several schemes outperforming their benchmarks. Investors should consider long-term horizons for mid cap investments to manage volatility effectively.
Around 24 mid cap schemes have completed three years of existence in the market. Out of these 24 mid cap schemes, eight schemes have underperformed against their benchmarks for consecutive three years. Note, we have included only schemes that have failed to beat their benchmarks in three consecutive years starting from 2020 to 2022.