What are the different types of Mid cap funds in India?

In India, mid-cap funds are a type of mutual fund that invests in stocks of mid-sized companies. These companies have a market capitalization between Rs. 500 crores and Rs. 10,000 crores. Mid-cap funds are considered to be riskier than large-cap funds but less risky than small-cap funds. Here are some of the different types of mid-cap funds in India:

    Actively Managed Mid-Cap Funds: These funds are managed by professional fund managers who actively buy and sell stocks in order to generate higher returns for investors. The fund manager uses their expertise to select stocks that are likely to perform well in the market.

    Index-Based Mid-Cap Funds: These funds track a specific mid-cap index, such as the Nifty Midcap 100. The fund manager aims to replicate the performance of the index by investing in the same stocks that are included in the index.

    Value-Oriented Mid-Cap Funds: These funds invest in mid-cap companies that are undervalued in the market. The fund manager identifies companies that have strong fundamentals but are currently trading at a discount to their intrinsic value.

    Growth-Oriented Mid-Cap Funds: These funds invest in mid-cap companies that have strong growth potential. The fund manager identifies companies that have a competitive advantage and are likely to grow at a faster rate than their peers.

    Dividend Yield Mid-Cap Funds: These funds invest in mid-cap companies that have a high dividend yield. The fund manager identifies companies that have a strong track record of paying dividends and are likely to continue doing so in the future.

    Pure Mid Cap Funds: These funds invest exclusively in mid-cap companies.

    Multicap Mid Cap Funds: These funds invest in mid-cap companies as well as large-cap and small-cap companies, giving investors exposure to a diversified portfolio.

    Sectoral Mid Cap Funds: These funds invest in mid-cap companies that operate in a particular sector such as banking, IT, or healthcare.

    Thematic Mid Cap Funds: These funds invest in mid-cap companies that are related to a particular theme or trend, such as infrastructure or consumption.

It's important to note that each fund has its own investment objective and risk profile, and it's essential to conduct thorough research before investing in any mutual fund.