Only 4 mid-cap funds cross 17% in 3-year SIP returns; HSBC Midcap led at 20.70% while HDFC and Kotak lagged

Only four mid-cap funds delivered over 17% annualised three-year SIP returns, with HSBC Midcap Fund topping the list at 20.70%. Value Research data shows that several of the category’s largest funds by AUM delivered lower returns, highlighting the wide performance gap.