3 midcap schemes deliver over 16% returns in 3 months. How they performed over 3 years?

As many as three midcap mutual fund schemes have delivered over 16% absolute returns in the last three months, according to ACE MF data. At a time when most schemes have seen single-digit returns amid volatile markets, these schemes seem to be doing well. But is it just a one-off for these schemes, or they have also performed well over the long-term also? Let's find out in this article.

Before reading further, please note this exercise is meant only for educational and informational purposes. Midcap, or any other equity mutual fund, scheme do not promise that it will repeat its past performance in the future. A scheme ranking among top-performers in a market cycle, can rank lower in another cycle if its underlying stocks fail to perform as expected by the fund manager.

HSBC Midcap Fund

Till June 18, this scheme has delivered 19% returns in three months. Data shows it has delivered 27.41% annual returns over three years and 20% over five years. Launched in 2013, the scheme has seen different market cycles and ranks No. 10 among 37 schemes by performance since its inception.

The HSBC Midcap scheme has invested 74.17% in midcap stocks, 19.75% in small-cap stocks and just 4.97% in large-cap stocks. As of May 31, 2026, the scheme's total assets under management (AUM) stood at Rs 14,249 crore and its portfolio was dominated by stocks like GE Vernova T&D India (4.66%), FSN E-Commerce (4.51%), BSE (4.34%), PB Fintech (4.24%) and Lenskart (4.21%).

JM Midcap Fund

Till June 18, this scheme has delivered 17.31% returns in three months. Data shows it has delivered 24.20% annualised returns over three years. Launched in 2022, the scheme has not yet completed five years and has therefore not gone through different market cycles. Based on its three-year performance, the scheme ranks 8 out of 29 as of June 18, 2026.

The JM Midcap Fund has invested 68.27% in midcap stocks, 26.1% in small-cap stocks and just 4.62% in large-cap stocks. As of May 31, 2026, the scheme's total assets under management (AUM) stood at Rs 1217 crore and its portfolio was dominated by stocks like Godfrey Philips (3.6%), Bharat Forge (3.53%), Tube Investments (3.36%), Avalon Technologies (3.23%) and Marico (3.07%).

Helios Mid Cap Fund

Till June 18, this scheme has delivered 16.62% returns in three months. Launched in 2025, the scheme has not yet completed 3 years. However, it has given 17.02% returns in one year and 27.57% returns since inception. Based on its one-year performance, the scheme ranks 11 out of 32 schemes as of June 18, 2026.

The Helios Mid Cap Fund has invested 64.69% in midcap stocks, 29.81% in small-cap stocks and just 3.84% in large-cap stocks. As of May 31, 2026, the scheme's total assets under management (AUM) was Rs 1490 crore and its portfolio was dominated by stocks like Multi Commodity Exchange (3%), Nippon Life India Asset Management (2.78%), One97 Communications (2.73%), Phoenix Mills (2.52%) and Fortis Healthcare (2.5%).