Share tips for today : Investors who had SIPs(systematic investment plans) in midcap equity mutual funds saw far higher returns than schemes focused on large caps over the previous three years.
Midcaps have mobilize while blue chips underperformed sharply, & investors who chose midcaps have made double the returns when compared with that of large caps. The run-up has led to some midcap stocks being overvalued, financial advisors & fund managers said that investors should now turn to large caps.
In SIPs, investors park a fixed sum monthly typically into equity mutual fund schemes at a predefined date — monthly or quarterly. This helps mitigate risks of lumpsum investments.In accordance with ET study, HDFC Midcap Opportunities Fund has delivered yearly returns of 34.54% in the last three years, compared to 15.33% of HDFC Top 200, a large cap fund. Similarly, Axis Midcap has given 30.66% in the session compared with Axis Equity's (large cap) 15.39%. ICICI Midcap has given 38.68% compared with ICICI Focused Bluechip's 16.78%.
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