The Value Research Mutual Fund Screener lets you filter mutual funds and compare their returns, portfolio characteristics, fees, and risk metrics from a single interface.<\/figcaption><\/figure>\n\n\n\nAlthough we’ll continue with our shortlisted Mid Cap funds, you can use the same process to compare funds from any category by applying the appropriate filters.<\/p>\n\n\n\n
Step 2: Set Up Your Fund Comparison<\/h2>\n\n\n\n Before comparing mutual funds, ensure you’re comparing similar funds under the same conditions<\/strong>. This helps you make a fair, like-for-like comparison and avoids drawing misleading conclusions.<\/p>\n\n\n\nSince our shortlist consists of Mid Cap funds<\/strong>, we’ll select the Mid Cap Fund<\/strong> category in the Value Research Mutual Fund Screener. If you’re evaluating another category, such as Large Cap, Flexi Cap, ELSS, or Hybrid Funds<\/strong>, choose the corresponding category instead.<\/p>\n\n\n\nNext, select Direct Plans<\/strong>. Direct plans have lower expense ratios because they don’t include distributor commissions. Over the long term, the lower cost can have a meaningful impact on your investment returns.<\/p>\n\n\n\nAt this stage, you can also use the Search<\/strong> option to quickly locate the shortlisted funds.<\/p>\n\n\n\nIf you prefer, you can apply the Mid Cap<\/strong> category filter and compare all available funds in that category. However, comparing a smaller, carefully shortlisted group makes the analysis simpler and more focused.<\/p>\n\n\n\n\n\u2705 Best Practice<\/strong><\/p>\n\n\n\nAlways compare funds within the same category and plan type. For example, compare Mid Cap Direct Plans<\/strong> with other Mid Cap Direct Plans<\/strong>. Avoid comparing different categories or mixing Direct<\/strong> and Regular<\/strong> plans, as their investment objectives, costs, and risk profiles differ.<\/p>\n<\/blockquote>\n\n\n\nStep 3: Compare the Snapshot<\/h2>\n\n\n\n The Snapshot<\/strong> section provides a quick overview of each mutual fund. Think of it as your first quality check<\/strong> before diving into detailed performance and risk analysis.<\/p>\n\n\n\nFunds<\/strong><\/td>Rating<\/strong><\/td>1 Yr Ret (%)<\/strong><\/td>Riskometer<\/strong><\/td>Expense Ratio<\/strong><\/td>Age<\/strong><\/td>Net Assets (Cr.)<\/strong><\/td><\/tr>Edelweiss Mid Cap Dir<\/td> 12.24<\/td> Very High<\/td> 0.41<\/td> 13Y 7M<\/td> 17,748<\/td><\/tr> HDFC Mid Cap Dir<\/td> 12.83<\/td> Very High<\/td> 0.61<\/td> 13Y 7M<\/td> 1,00,858<\/td><\/tr> Invesco India Mid cap Dir<\/td> 13.89<\/td> Very High<\/td> 0.48<\/td> 13Y 7M<\/td> 14,744<\/td><\/tr> Mahindra Manulife Mid Cap Dir<\/td> 17.02<\/td> Very High<\/td> 0.49<\/td> 8Y 6M<\/td> 5,076<\/td><\/tr> Motilal Oswal Midcap Dir<\/td> 1.69<\/td> Very High<\/td> 0.65<\/td> 12Y 5M<\/td> 37,474<\/td><\/tr> Nippon India Growth Mid Cap Dir<\/td> 13.14<\/td> Very High<\/td> 0.58<\/td> 13Y 7M<\/td> 49,169<\/td><\/tr> WhiteOak Capital Mid Cap Fund Dir<\/td> 18.77<\/td> Very High<\/td> 0.44<\/td> 3Y 11M<\/td> 6,933<\/td><\/tr><\/tbody><\/table>Returns as on 06-Aug-2026<\/figcaption><\/figure>\n\n\n\nFor each fund in your shortlist, compare the following key parameters:<\/p>\n\n\n\n
1. Expense Ratio<\/h3>\n\n\n\n The Expense Ratio<\/strong> is the annual fee charged by the fund house for managing the scheme. Since we’re comparing Direct Plans<\/strong>, the expense ratios will generally be lower than their Regular Plan counterparts.<\/p>\n\n\n\nWhen two funds have similar long-term performance, the one with the lower expense ratio<\/strong> may provide slightly better returns over time because less of your investment goes toward management fees.<\/p>\n\n\n\n2. Assets Under Management (AUM)<\/h3>\n\n\n\n AUM (Assets Under Management)<\/strong> represents the total value of money invested in the fund.<\/p>\n\n\n\nA larger AUM often reflects investor confidence and provides better operational stability. However, an extremely large AUM can sometimes make it more challenging for a Mid Cap fund to deploy capital efficiently, while a very small AUM may indicate limited investor interest or a relatively new scheme.<\/p>\n\n\n\n
Rather than choosing the fund with the highest AUM, look for one with a healthy and sustainable asset base<\/strong>.<\/p>\n\n\n\n3. Fund Age<\/h3>\n\n\n\n A fund with a longer track record has experienced different market cycles, including bull markets, bear markets, corrections, and recoveries.<\/p>\n\n\n\n
This provides more historical data to evaluate how consistently the fund has performed over time.<\/p>\n\n\n\n
While newer funds shouldn’t be dismissed solely because of their age, funds with a longer and consistent performance history generally provide greater confidence during the comparison process.<\/p>\n\n\n\n
4. Fund Manager<\/h3>\n\n\n\n Review the Fund Manager<\/strong> responsible for the scheme and note how long they have been managing the fund.<\/p>\n\n\n\nA long-tenured fund manager with a consistent investment approach can be a positive indicator. However, remember that mutual fund performance depends on the investment process, research team, and portfolio strategy\u2014not just one individual.<\/p>\n\n\n\n
5. Benchmark Index<\/h3>\n\n\n\n Check the benchmark used by each fund, such as the NIFTY Midcap 150 TRI<\/strong> or BSE MidCap TRI<\/strong>.<\/p>\n\n\n\nThe benchmark serves as the standard against which the fund’s performance is measured. When comparing returns and risk metrics in the following steps, always evaluate a fund relative to its own benchmark.<\/p>\n\n\n\nBenchmark<\/strong><\/td>1 Yr Ret (%)<\/strong><\/td>3 Yr Ret (%)<\/strong><\/td>5 Yr Ret (%)<\/strong><\/td>10 Yr Ret (%)<\/strong><\/td><\/tr>Nifty Midcap 150 TRI<\/td> 11.19<\/td> 18.95<\/td> 17.96<\/td> 17.79<\/td><\/tr> BSE Midcap 150 TRI<\/td> 10.70<\/td> 18.48<\/td> 17.04<\/td> 17.36<\/td><\/tr><\/tbody><\/table>Returns as on 06-Aug-2026. Source: AMFI Mutual Fund Performance Data<\/figcaption><\/figure>\n\n\n\nSnapshot Checklist<\/h3>\n\n\n\n Before moving to the next step, ask yourself:<\/p>\n\n\n\n
\nAre all the funds from the same category<\/strong> and Direct Plan<\/strong>?<\/li>\n\n\n\nDo they have a reasonable operating history?<\/li>\n\n\n\n Are the expense ratios broadly competitive?<\/li>\n\n\n\n Do they have a healthy AUM?<\/li>\n\n\n\n Is there any obvious reason to eliminate a fund at this stage?<\/li>\n<\/ul>\n\n\n\nIf the answer is No<\/strong>, you can confidently move on to comparing their historical returns.<\/p>\n\n\n\n\n\ud83d\udca1 Note<\/strong><\/p>\n\n\n\nWhile Value Research Star Ratings can be useful for an initial screen, they shouldn’t be the deciding factor. Since we’ve already shortlisted quality Mid Cap funds, we’ll focus on objective measures such as returns, portfolio characteristics, and risk-adjusted performance.<\/p>\n<\/blockquote>\n\n\n\n
How to Interpret the Snapshot Comparison<\/h3>\n\n\n\n At this stage, we are not trying to identify the “best” Mid Cap fund. The purpose of the Snapshot comparison is to remove funds that may have obvious disadvantages.<\/p>\n\n\n\n
Look for:<\/p>\n\n\n\n
\nReasonable expense ratio:<\/strong> Lower costs are beneficial when comparing funds with similar performance.<\/li>\n\n\n\nAdequate fund history:<\/strong> A longer track record helps evaluate performance across multiple market cycles.<\/li>\n\n\n\nHealthy AUM:<\/strong> A very small fund size may raise questions about sustainability, while an extremely large fund size may create challenges in managing a Mid Cap portfolio.<\/li>\n\n\n\nStable fund management:<\/strong> A consistent investment team and clearly defined strategy provide better confidence.<\/li>\n\n\n\nAppropriate benchmark:<\/strong> Ensure performance comparisons are made against the correct benchmark.<\/li>\n<\/ul>\n\n\n\nAfter this first review, move to the next stage\u2014Returns Analysis<\/strong>\u2014where we evaluate whether these funds have delivered consistent performance over different time periods.<\/p>\n\n\n\nStep 4: Compare Historical Returns<\/h2>\n\n\n\n After completing the Snapshot analysis, the next step is to evaluate the historical performance<\/strong> of your shortlisted mutual funds.<\/p>\n\n\n\nReturns are important because they show how much wealth a fund has created over different periods. However, returns should not be viewed in isolation. A fund that delivered the highest return in one period may have taken significantly higher risks to achieve it.<\/p>\n\n\n\n
The objective at this stage is not to select the fund with the maximum return. Instead, identify funds that have delivered consistent long-term performance across different market cycles<\/strong>.<\/p>\n\n\n\nFor our Mid Cap fund comparison, we will evaluate:<\/p>\n\n\n\n
\nShort-term returns<\/li>\n\n\n\n Medium-term returns<\/li>\n\n\n\n Long-term returns<\/li>\n\n\n\n Consistency across periods<\/li>\n\n\n\n Performance relative to the benchmark<\/li>\n<\/ul>\n\n\n\nWhich Return Periods Should You Compare?<\/h3>\n\n\n\n1. 1-Year Returns<\/h4>\n\n\n\n One-year returns show recent performance but should not be given too much importance.<\/p>\n\n\n\n
A Mid Cap fund may outperform or underperform significantly in a single year due to market conditions, sector cycles, or temporary portfolio positioning.<\/p>\n\n\n\n
Use 1-year returns mainly to understand recent momentum\u2014not to make a final decision.<\/p>\n\n\n\n
The table below lists all mutual funds that have delivered higher returns than their respective benchmarks over the past one year.<\/p>\n\n\n\nFunds<\/strong><\/td>1 Yr Ret (%)<\/strong><\/td><\/tr>HSBC Midcap Dir<\/td> 22.02<\/td><\/tr> WhiteOak Capital Mid Cap Fund Dir<\/td> 18.77<\/td><\/tr> Helios Mid Cap Dir<\/td> 18.67<\/td><\/tr> ICICI Pru Midcap Dir<\/td> 17.70<\/td><\/tr> Mahindra Manulife Mid Cap Dir<\/td> 17.02<\/td><\/tr> Baroda BNP Paribas Midcap Dir<\/td> 15.92<\/td><\/tr> Mirae Asset Midcap Dir<\/td> 15.60<\/td><\/tr> ITI Mid Cap Dir<\/td> 15.56<\/td><\/tr> Union Midcap Dir<\/td> 14.41<\/td><\/tr> Invesco India Mid cap Dir<\/td> 13.89<\/td><\/tr> Nippon India Growth Mid Cap Dir<\/td> 13.14<\/td><\/tr> JM Midcap Dir<\/td> 13.11<\/td><\/tr> HDFC Mid Cap Dir<\/td> 12.83<\/td><\/tr> Sundaram Midcap Dir<\/td> 12.58<\/td><\/tr> Bandhan Midcap Dir<\/td> 12.52<\/td><\/tr> Edelweiss Mid Cap Dir<\/td> 12.24<\/td><\/tr> ABSL Mid Cap Dir<\/td> 11.61<\/td><\/tr> Tata Mid Cap Dir<\/td> 11.58<\/td><\/tr> Kotak Midcap Dir<\/td> 10.72<\/td><\/tr><\/tbody><\/table>Returns as on 06-Aug-2026. Source: Value Research Online<\/figcaption><\/figure>\n\n\n\n2. 3-Year Returns<\/h4>\n\n\n\n The 3-year period provides a better picture because it includes a longer market phase.<\/p>\n\n\n\n
It helps evaluate whether recent performance was supported by a sustainable investment approach rather than a short-term advantage.<\/p>\n\n\n\n
The table below lists all mutual funds that have outperformed their respective benchmarks over the past three years.<\/p>\n\n\n\nFunds<\/strong><\/td>3 Yr Ret (%)<\/strong><\/td><\/tr>Invesco India Mid cap Dir<\/td> 26.14<\/td><\/tr> HSBC Midcap Dir<\/td> 26.05<\/td><\/tr> WhiteOak Capital Mid Cap Fund Dir<\/td> 23.98<\/td><\/tr> ICICI Pru Midcap Dir<\/td> 23.89<\/td><\/tr> Edelweiss Mid Cap Dir<\/td> 23.69<\/td><\/tr> ITI Mid Cap Dir<\/td> 23.30<\/td><\/tr> Mahindra Manulife Mid Cap Dir<\/td> 22.77<\/td><\/tr> Nippon India Growth Mid Cap Dir<\/td> 21.89<\/td><\/tr> Sundaram Midcap Dir<\/td> 21.83<\/td><\/tr> JM Midcap Dir<\/td> 21.711<\/td><\/tr> Motilal Oswal Midcap Dir<\/td> 20.58<\/td><\/tr> HDFC Mid Cap Dir<\/td> 20.54<\/td><\/tr> Bandhan Midcap Dir<\/td> 20.46<\/td><\/tr> Kotak Midcap Dir<\/td> 20.40<\/td><\/tr> Baroda BNP Paribas Midcap Dir<\/td> 19.91<\/td><\/tr> Canara Robeco Mid Cap Dir<\/td> 19.57<\/td><\/tr> Union Midcap Dir<\/td> 19.12<\/td><\/tr> Mirae Asset Midcap Dir<\/td> 18.72<\/td><\/tr> Franklin India Mid Cap Dir<\/td> 18.63<\/td><\/tr> LIC MF Midcap Dir<\/td> 18.60<\/td><\/tr><\/tbody><\/table>Returns as on 06-Aug-2026. Source: Value Research Online<\/figcaption><\/figure>\n\n\n\n3. 5-Year Returns<\/h4>\n\n\n\n The 5-year CAGR is one of the most useful measures for comparing equity mutual funds.<\/p>\n\n\n\n
A five-year period usually covers different market conditions and gives a better indication of a fund’s ability to compound wealth over time.<\/p>\n\n\n\n
The table below lists all mutual funds that have outperformed their respective benchmarks over the past five years.<\/p>\n\n\n\nFunds<\/strong><\/td>5 Yr Ret (%)<\/strong><\/td><\/tr>Motilal Oswal Midcap Dir<\/td> 23.20<\/td><\/tr> Invesco India Mid cap Dir<\/td> 21.03<\/td><\/tr> HDFC Mid Cap Dir<\/td> 20.61<\/td><\/tr> Nippon India Growth Mid Cap Dir<\/td> 19.96<\/td><\/tr> Edelweiss Mid Cap Dir<\/td> 19.81<\/td><\/tr> HSBC Midcap Dir<\/td> 19.57<\/td><\/tr> Mahindra Manulife Mid Cap Dir<\/td> 19.43<\/td><\/tr> Sundaram Midcap Dir<\/td> 19.07<\/td><\/tr> ICICI Pru Midcap Dir<\/td> 18.44<\/td><\/tr> Kotak Midcap Dir<\/td> 18.06<\/td><\/tr> ITI Mid Cap Dir<\/td> 17.48<\/td><\/tr> Quant Mid Cap Dir<\/td> 17.17<\/td><\/tr><\/tbody><\/table>Returns as on 06-Aug-2026. Source: Value Research Online<\/figcaption><\/figure>\n\n\n\n4. 7-Year and 10-Year Returns<\/h3>\n\n\n\n For funds with a longer history, extended periods provide valuable insights into consistency.<\/p>\n\n\n\n
A fund that has performed well over multiple market cycles demonstrates greater evidence of a repeatable investment process.<\/p>\n\n\n\n
The table below lists all mutual funds that have outperformed their respective benchmarks over the past ten years.<\/p>\n\n\n\nFunds<\/strong><\/td>10 Yr Ret (%)<\/strong><\/td><\/tr>Invesco India Mid cap Dir<\/td> 20.04<\/td><\/tr> Edelweiss Mid Cap Dir<\/td> 19.53<\/td><\/tr> Nippon India Growth Mid Cap Dir<\/td> 18.87<\/td><\/tr> Kotak Midcap Dir<\/td> 18.48<\/td><\/tr> Quant Mid Cap Dir<\/td> 18.46<\/td><\/tr> HDFC Mid Cap Dir<\/td> 18.18<\/td><\/tr> HSBC Midcap Dir<\/td> 18.04<\/td><\/tr> Axis Midcap Dir<\/td> 18.00<\/td><\/tr> Motilal Oswal Midcap Dir<\/td> 17.77<\/td><\/tr> ICICI Pru Midcap Dir<\/td> 17.51<\/td><\/tr><\/tbody><\/table>Returns as on 06-Aug-2026. Source: Value Research Online<\/figcaption><\/figure>\n\n\n\nCompare Returns Using a Table<\/h3>\n\n\n\n For our shortlisted Mid Cap funds, create a comparison table like this:<\/p>\n\n\n\nFunds<\/strong><\/td>3 Yr Ret (%)<\/strong><\/td>5 Yr Ret (%)<\/strong><\/td>10 Yr Ret (%)<\/strong><\/td><\/tr>Edelweiss Mid Cap Dir<\/td> 23.69<\/td> 19.81<\/td> 19.53<\/td><\/tr> HDFC Mid Cap Dir<\/td> 20.54<\/td> 20.61<\/td> 18.18<\/td><\/tr> Invesco India Mid cap Dir<\/td> 26.14<\/td> 21.03<\/td> 20.04<\/td><\/tr> Mahindra Manulife Mid Cap Dir<\/td> 22.77<\/td> 19.43<\/td> —-<\/td><\/tr> Motilal Oswal Midcap Dir<\/td> 20.58<\/td> 23.20<\/td> 17.77<\/td><\/tr> Nippon India Growth Mid Cap Dir<\/td> 21.89<\/td> 19.96<\/td> 18.87<\/td><\/tr> WhiteOak Capital Mid Cap Fund Dir<\/td> 23.98<\/td> —-<\/td> —-<\/td><\/tr><\/tbody><\/table>Returns as on 06-Aug-2026. Source: Value Research Online<\/figcaption><\/figure>\n\n\n\nLook for Consistency, Not Just the Highest Number<\/h3>\n\n\n\n When comparing the table, avoid choosing a fund simply because it ranks first in one return category.<\/p>\n\n\n\n
For example:<\/p>\n\n\n\n
\nHSBC Midcap Direct<\/strong> has delivered the highest 1-year return, but its position is less prominent when viewed over the longer term.<\/li>\n\n\n\nInvesco India Mid Cap Direct<\/strong>, despite lower recent returns, has shown stronger and more consistent performance over the 5- and 10-year periods.<\/li>\n<\/ul>\n\n\n\nA stronger candidate is usually a fund that performs consistently across multiple periods rather than one that appears at the top only during a specific market phase.<\/p>\n\n\n\n
Check Performance Against the Benchmark<\/h3>\n\n\n\n Returns should always be evaluated relative to the fund’s benchmark.<\/p>\n\n\n\n
A fund generating 15% annual returns may appear attractive, but if its benchmark delivered 16% during the same period, the fund has not added value after considering its active management.<\/p>\n\n\n\n
Look for funds that have demonstrated the ability to outperform their benchmark over longer periods while maintaining reasonable risk.<\/p>\n\n\n\n
Rolling Returns: A Better Measure of Consistency<\/h3>\n\n\n\n If available, review rolling returns<\/strong> rather than relying only on point-to-point returns.<\/p>\n\n\n\nPoint-to-point returns depend heavily on the start and end dates. For example, a fund may appear excellent if measured from a market low but less impressive if measured from a market peak.<\/p>\n\n\n\n
Rolling returns evaluate performance across multiple overlapping periods, providing a more realistic picture of consistency.<\/p>\n\n\n\n
Decision After Returns Analysis<\/h3>\n\n\n\n At the end of this stage, do not select the winner yet.<\/p>\n\n\n\n
Instead, shortlist funds that show:<\/p>\n\n\n\n
\u2705 Strong 5-year and long-term performance
These funds will move to the next stage: Portfolio Analysis<\/strong>, where we examine how these returns were generated. Portfolio Analysis will be very interesting because Mid Cap funds often look similar on returns but differ significantly in sector allocation, concentration, and investment style<\/strong>.<\/p>\n\n\n\nStep 5: Compare the Portfolio<\/h2>\n\n\n\n After analyzing historical returns, the next step is to understand what is inside the fund’s portfolio<\/strong>.<\/p>\n\n\n\nReturns only tell you the outcome. Portfolio analysis helps you understand the investment decisions that produced those returns.<\/p>\n\n\n\n
For our shortlisted Mid Cap funds, we will compare:<\/p>\n\n\n\n
\nNumber of holdings<\/li>\n\n\n\n Top holdings concentration<\/li>\n\n\n\n Sector allocation<\/li>\n\n\n\n Market capitalization exposure<\/li>\n\n\n\n Portfolio turnover<\/li>\n\n\n\n Cash allocation<\/li>\n\n\n\n Investment style<\/li>\n<\/ul>\n\n\n\nThis helps answer an important question:<\/p>\n\n\n\n
“Is the fund’s current portfolio aligned with the strategy and risk level I am comfortable with?”<\/strong><\/p>\n\n\n\nThe table below compares the portfolio characteristics of the selected mutual funds.<\/p>\n\n\n\nFunds<\/strong><\/td>Minimum Investment<\/strong><\/td>Base Expense Ratio<\/strong><\/td>Exit Load (Period)<\/strong><\/td>Fund Manager (Tenure)<\/strong><\/td><\/tr>Edelweiss Mid Cap Dir<\/td> 100<\/td> 0.41<\/td> 1.00 (90)<\/td> Trideep Bhattacharya (4.9), Dhruv Bhatia (1.8), Mehul Dalmia (0)<\/td><\/tr> HDFC Mid Cap Dir<\/td> 100<\/td> 0.61<\/td> 1.00 (365)<\/td> Chirag Setalvad (13.6)<\/td><\/tr> Invesco India Mid cap Dir<\/td> 100<\/td> 0.48<\/td> 1.00 (365)<\/td> Aditya Khemani (2.7)<\/td><\/tr> Mahindra Manulife Mid Cap Dir<\/td> 1,000<\/td> 0.49<\/td> 1.00 (90)<\/td> Krishna Sanghavi (1.8), Neelesh Dhamnaskar (0.5), Kirti Dalvi (1.7)<\/td><\/tr> Motilal Oswal Midcap Dir<\/td> 500<\/td> 0.65<\/td> 1.00 (365)<\/td> Rakesh Shetty (3.7), Ajay Khandelwal (1.9), Varun Sharma (0.5), Ankit Agarwal (0.5)<\/td><\/tr> Nippon India Growth Mid Cap Dir<\/td> 100<\/td> 0.58<\/td> 1.00 (30)<\/td> Rupesh Patel (3.6)<\/td><\/tr> WhiteOak Capital Mid Cap Fund Dir<\/td> 500<\/td> 0.44<\/td> —<\/td> Piyush Baranwal (4), Ramesh Mantri (4), Dheeresh Pathak (2.4), Ashish Agrawal (1.6), Trupti Agrawal (3.9)<\/td><\/tr><\/tbody><\/table>Data as of 06-Aug-2026. Source: Value Research Online.<\/figcaption><\/figure>\n\n\n\n1. Number of Holdings<\/h3>\n\n\n\n The number of stocks held by a mutual fund gives an indication of portfolio diversification.<\/p>\n\n\n\n
A fund with too few holdings may have higher concentration risk because the performance depends heavily on a limited number of companies.<\/p>\n\n\n\n
A fund with too many holdings may become overly diversified, reducing the impact of high-conviction ideas.<\/p>\n\n\n\n
There is no universally ideal number of holdings. The objective is to understand whether the portfolio structure matches the fund manager’s investment approach.<\/p>\n\n\n\n
2. Top 10 Holdings Concentration<\/h3>\n\n\n\n Review the percentage of the portfolio invested in the top 10 companies.<\/p>\n\n\n\n
For example:<\/p>\n\n\n\nFund<\/th> Number of Holdings<\/th> Top 10 Holdings (%)<\/th><\/tr><\/thead> Motilal Oswal Mid Cap Fund<\/td> \u2014<\/td> \u2014<\/td><\/tr> Invesco India Mid Cap Fund<\/td> \u2014<\/td> \u2014<\/td><\/tr> Nippon India Growth Fund<\/td> \u2014<\/td> \u2014<\/td><\/tr> Edelweiss Mid Cap Fund<\/td> \u2014<\/td> \u2014<\/td><\/tr> HDFC Mid Cap Opportunities Fund<\/td> \u2014<\/td> \u2014<\/td><\/tr> Mahindra Manulife Mid Cap Fund \/ WhiteOak Capital Mid Cap Fund<\/td> \u2014<\/td> \u2014<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\nA higher concentration is not automatically negative. A fund manager with strong conviction may intentionally hold fewer stocks.<\/p>\n\n\n\n
However, higher concentration can increase volatility if some major holdings underperform.<\/p>\n\n\n\n
3. Sector Allocation<\/h3>\n\n\n\n Compare how each fund is distributed across different sectors.<\/p>\n\n\n\n
Example:<\/p>\n\n\n\nSector<\/th> Fund A<\/th> Fund B<\/th> Fund C<\/th><\/tr><\/thead> Financial Services<\/td> \u2014<\/td> \u2014<\/td> \u2014<\/td><\/tr> Industrial\/Manufacturing<\/td> \u2014<\/td> \u2014<\/td> \u2014<\/td><\/tr> Healthcare<\/td> \u2014<\/td> \u2014<\/td> \u2014<\/td><\/tr> Technology<\/td> \u2014<\/td> \u2014<\/td> \u2014<\/td><\/tr> Consumer<\/td> \u2014<\/td> \u2014<\/td> \u2014<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\nSector allocation helps identify whether a fund is:<\/p>\n\n\n\n
\nDiversified across multiple themes<\/li>\n\n\n\n Concentrated in specific sectors<\/li>\n\n\n\n Dependent on a particular market cycle<\/li>\n<\/ul>\n\n\n\n
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