Mid-cap mutual funds are those that invest at least 65 per cent of the corpus in companies lying between 101-250 by market capitalisation. Top performing mid cap funds are the top rated mid cap funds giving good returns.

1. These companies have the potential to become large companies in future years
2. Ability to outperform even large-cap funds or diversified equity funds during a bull run
3. Suitable for aggressive investors having the appetite for taking higher risk and have long investment horizon
4. Gains on equity funds are subject to taxation @ 15% for holding period less than 1 year and @ 10% for more than a year if gains are more than 1 lakh