February 4, 2023

As a class, ULIP midcap funds outperformed the mutual funds’ midcap class in 2022

January 12, 2023 / 09:13 AM IST

Investments in mid-cap shares didn’t reward traders with prime of the chart returns. Although the midcap barometer outperformed the smallcap index, they underperformed the largecap counterpart. As an illustration, the Nifty 50-TRI gained 5.7% whereas Nifty Midcap 150-TRI clocked 3.9% in 2022. In the meantime, the Nifty Smallcap 100-TRI misplaced 13% through the interval. Midcap funds provided by each mutual funds and Unit Linked Insurance coverage Plans (ULIP) adopted swimsuit. Curiously, as a class, ULIP midcap funds outperformed the mutual funds’ midcap class in 2022. They delivered a mean return of three.6% and a couple of.5% respectively through the interval. Nevertheless, solely six out of 18 ULIP midcap funds outperformed the Nifty Midcap 150-TRI. Listed here are the highest 10 ULIP midcap funds in 2022 as per the Morningstar India information. Solely ULIP funds provided for people have been thought-about for the examine. ULIP funds provided with group, pension and well being merchandise have been excluded

AEGON Life-Opportunity Fund Return (CAGR) in 2022: 15% Fund manager: Avinash Agarwal AUM: Rs 197 Crore Top 3 stocks: Sundaram Fasteners, City Union Bank and The Federal Bank

AEGON Life-Alternative Fund
Return (CAGR) in 2022: 15%
Fund supervisor: Avinash Agarwal
AUM: Rs 197 Crore
Prime 3 shares: Sundaram Fasteners, Metropolis Union Financial institution and The Federal Financial institution

Future Generali Life-Future Midcap Fund Return (CAGR) in 2022: 10.4% Fund manager: Niraj Kumar and Srijan Sinha AUM: Rs 44 Crore Top 3 stocks: SBI, Genus Power Infra and Bandhan Bank

Future Generali Life-Future Midcap Fund
Return (CAGR) in 2022: 10.4%
Fund supervisor: Niraj Kumar and Srijan Sinha
AUM: Rs 44 Crore
Prime 3 shares: SBI, Genus Energy Infra and Bandhan Financial institution

Bajaj Allianz Life-Equity Midcap Plus Return (CAGR) in 2022: 5.6% Fund manager: Sampath Reddy and Reshma Banda AUM: Rs 128 Crore Top 3 stocks: Maruti Suzuki, JB Chemicals & Pharma and Karur Vusya Bank

Bajaj Allianz Life-Fairness Midcap Plus
Return (CAGR) in 2022: 5.6%
Fund supervisor: Sampath Reddy and Reshma Banda
AUM: Rs 128 Crore
Prime 3 shares: Maruti Suzuki, JB Chemical substances & Pharma and Karur Vusya Financial institution

Bajaj Allianz Life-Accelerator Mid Cap Fund Return (CAGR) in 2022: 5.4% Fund manager: Sampath Reddy and Reshma Banda AUM: Rs 452 Crore Top 3 stocks: Maruti Suzuki, Karur Vusya Bank and Varun Beverage

Bajaj Allianz Life-Accelerator Mid Cap Fund
Return (CAGR) in 2022: 5.4%
Fund supervisor: Sampath Reddy and Reshma Banda
AUM: Rs 452 Crore
Prime 3 shares: Maruti Suzuki, Karur Vusya Financial institution and Varun Beverage

PNB Met Life-Mid Cap Fund Return (CAGR) in 2022: 4.7% Fund manager: Amit Shah AUM: Rs 36 Crore Top 3 stocks: Axis Bank, The Federal Bank and TVS Motors

PNB Met Life-Mid Cap Fund
Return (CAGR) in 2022: 4.7%
Fund supervisor: Amit Shah
AUM: Rs 36 Crore
Prime 3 shares: Axis Financial institution, The Federal Financial institution and TVS Motors

HDFC Standard Life-Mid Cap Niche Life Fund Return (CAGR) in 2022: 4% Fund manager: NA AUM: Rs 6 Crore Top 3 stocks: Bajaj Holdings and Investment, Canara Bank and Voltas

HDFC Customary Life-Mid Cap Area of interest Life Fund
Return (CAGR) in 2022: 4%
Fund supervisor: NA
AUM: Rs 6 Crore
Prime 3 shares: Bajaj Holdings and Funding, Canara Financial institution and Voltas

Aditya Birla Sun Life - Individual Multiplier Fund Return (CAGR) in 2022: 3.8% Fund manager: Bhaumik Bhatia AUM: Rs 2,942 Crore Top 3 stocks: Varun Beverages, REC and Trent

Aditya Birla Solar Life – Particular person Multiplier Fund
Return (CAGR) in 2022: 3.8%
Fund supervisor: Bhaumik Bhatia
AUM: Rs 2,942 Crore
Prime 3 shares: Varun Drinks, REC and Trent

Bajaj Allianz Life-Equity Mid Cap Fund Return (CAGR) in 2022: 3.8% Fund manager: Sampath Reddy and Reshma Banda AUM: Rs 67 Crore Top 3 stocks: Maruti Suzuki, Karur Vysya Bank and Varun Beverages

Bajaj Allianz Life-Fairness Mid Cap Fund
Return (CAGR) in 2022: 3.8%
Fund supervisor: Sampath Reddy and Reshma Banda
AUM: Rs 67 Crore
Prime 3 shares: Maruti Suzuki, Karur Vysya Financial institution and Varun Drinks

Canara HSBC OBC Life-Unit Linked Emerging Leaders Equity Fund Return (CAGR) in 2022: 2.2% Fund manager: Vikas Gupta AUM: Rs 381 Crore Top 3 stocks: The Federal Bank, Page Industries and M&M Financial Services

Canara HSBC OBC Life-Unit Linked Rising Leaders Fairness Fund
Return (CAGR) in 2022: 2.2%
Fund supervisor: Vikas Gupta
AUM: Rs 381 Crore
Prime 3 shares: The Federal Financial institution, Web page Industries and M&M Monetary Companies

Reliance Life Midcap Fund 2 Return (CAGR) in 2022: 1.9% Fund manager: Biswarup Mohapatra AUM: Rs 46 Crore Top 3 stocks: Trent, The Federal Bank and Ashok Leyland

Reliance Life Midcap Fund 2
Return (CAGR) in 2022: 1.9%
Fund supervisor: Biswarup Mohapatra
AUM: Rs 46 Crore
Prime 3 shares: Trent, The Federal Financial institution and Ashok Leyland

Dhuraivel Gunasekaran

Dhuraivel Gunasekaran

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