# HSBC Midcap leads 5 midcap funds with 23.7% CAGR in 3 years 2026-10-02T14:11:20+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 2 independent outlets (6 source reports) HSBC Midcap Fund delivered the highest annualised return of 23.7% among midcap mutual funds over the last three years, according to an ETWealth analysis as of 23 September. Invesco India Mid Cap Fund gave 23.3%, while ICICI Prudential Midcap Fund, WhiteOak Capital Mid Cap Fund and Edelweiss Mid Cap Fund delivered 21.4%, 20.8% and 20.1% respectively. Five other midcap funds, Quant Mid Cap, SBI Midcap, Taurus Mid Cap, PGIM India Midcap and UTI Mid Cap, gave returns between 10.2% and 11.6%. Separately, over a seven-year horizon on SIP investments, 16 equity funds delivered over 20% XIRR, with Quant Small Cap Fund topping at 26.93%, according to an ETMutualFunds analysis. ## Indian Opinion Analysis All six sources from The Economic Times and CNBC-TV18 are neutral reporting that presents fund performance data without editorial slant. The Economic Times articles list returns across midcap, smallcap and SIP categories, while CNBC-TV18 covers brokerage ratings on AMC stocks. The coverage is uniform straight reporting: each outlet states figures from its own data cut-off (23 or 29 September 2026) with no pro-government or critical framing. The balanced reading is that investors have multiple fund options across categories, but past performance is not a recommendation, as every piece disclaims. ## Coverage Coverage: 6 sources, 6 neutral - economictimes.indiatimes.com (neutral report) Straight data listing of midcap fund returns - economictimes.indiatimes.com (2) (neutral report) Data analysis of SIP returns over seven years - economictimes.indiatimes.com (3) (neutral report) Expert portfolio advice for a target corpus - economictimes.indiatimes.com (4) (neutral report) Data listing of smallcap fund returns - economictimes.indiatimes.com (5) (neutral report) List of low-cost high-return funds - cnbctv18.com (neutral report) Brokerage initiation and rating on AMC stocks This brief was synthesised by AI from the 6 sources linked above, so one read covers every framing they carry. Tags: HSBC Midcap Fund, Invesco India Mid Cap Fund Canonical: https://indianopinion.org/hsbc-midcap-leads-5-midcap-funds-with-23-7-cagr-in-3-years/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/hsbc-midcap-leads-5-midcap-funds-with-23-7-cagr-in-3-years/#story-in-brief How this brief was made: an AI model read the reports linked above and wrote this summary and analysis, which were published automatically. Published briefs are sampled every hour by an automated quality check; the editor verifies its findings and approves corrections, and corrected briefs carry a dated correction line. Stance labels are editorial classifications of how each outlet framed this story, assigned by the same model, not ratings of the outlets. We do no original reporting. Methodology: https://indianopinion.org/ai-use-policy/