Archive · 7 Oct 2026
Taurus Leads Mid-Cap Funds as Sector Falls in September
Mid-cap funds are investments that hold shares in medium-sized companies.
In September, all the funds listed in the article lost value.
Taurus Mid Cap fell the least, by 2.44%.
The benchmark, called the Nifty Midcap 150 TRI, fell 7.07%.
Five other funds also lost less than the benchmark.
Mahindra Manulife Mid Cap fell the most, by 8.03%.
Some funds still had positive returns over longer periods shown in the table.
So, funds in the same group did not all perform equally during the market drop.
Taurus Mid Cap had the smallest September loss, falling 2.44%.
Five other schemes also outperformed the Nifty Midcap 150 TRI, which fell 7.07%.
Bank of India Mid Cap and Quant Mid Cap were next-best performers, down 4.25% and 4.50%.
Mahindra Manulife Mid Cap recorded the steepest decline at 8.03%, followed by Kotak Midcap at 7.51%.
Some funds showed positive longer-term returns in the table despite September losses, including HSBC Midcap and WhiteOak Capital Mid Cap.
- Who
- Mid-cap mutual fund schemes, including Taurus Mid Cap.
- What
- The listed funds recorded September losses, with Taurus Mid Cap falling the least and Mahindra Manulife Mid Cap the most.
- When
- September 2026, according to the article.
- Where
- Not specified in the article.
- Why
- The article describes the losses as part of a broader market correction but does not state its cause.
- Benchmark
- Nifty Midcap 150 TRI
- Benchmark September return
- -7.07%
- Best September performer
- Taurus Mid Cap: -2.44%
- Second-best September performer
- Bank of India Mid Cap: -4.25%
- Worst September performer
- Mahindra Manulife Mid Cap: -8.03%
- Other notable decline
- Kotak Midcap: -7.51%; Sundaram Mid Cap: -7.37%
- Longer-term return example
- HSBC Midcap reported a 22.31% six-month return and a 22.18% three-year return.