Best Performing Equity Mid-Cap Index Funds Based on Returns Since Launch

Equity Mid-Cap Index Funds are mutual funds or ETFs that aim to replicate the performance of a mid-cap stock index, such as the Nifty Midcap 150 or S&P MidCap 400. These funds invest in mid-sized companies — firms that are larger than small caps but smaller than large caps, usually with a market capitalisation between ₹5,000 crore to ₹20,000 crore.

These are passively managed funds. They offer diversified exposure to mid-cap stocks, which often have higher growth potential than large caps, though they also come with higher risk and volatility.

Comparison of Top Mid-Cap Index Funds Ranked by Returns Since Launch

Note: The data presented above is as of July 28, 2025. Future returns and other metrics are subject to change based on market conditions and fund performance.

Where to Learn More About These ETFs?

To explore more about each of these ETFs, you can visit Angel One's ETF page. This will give you a comprehensive overview of their latest NAVs, historical performance, and portfolio allocation. 

Moreover, for a broader look at other mutual fund offerings and categories, you can go to Angel One’s mutual fund page.

Read More: Invest from Just ₹500: Jio BlackRock’s 5 New Funds Explained.

Conclusion

Top large-cap equity ETFs provide a balanced mix of growth and stability by tracking major market indexes. While Nippon India Large Cap Fund shows strong returns, ICICI Prudential offers a lower expense ratio, making it cost-effective. Other funds like HDFC, ABSL, and SBI also deliver steady performance. Investors can easily buy these ETFs through a demat account and should weigh both returns and costs alongside their risk appetite and investment goals to choose the best fit. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Mutual Fund investments in the securities market are subject to market risks. Read all the related documents carefully before investing.