5 Mid-Cap Growth Mutual Funds For High Return

Mid-cap funds are an ideal investment options for investors looking for high return potential that comes with lower risk than small-cap funds. Mid-cap funds are not very susceptible to volatility in broader markets, making it an ideal bet given that macroeconomic conditions have generally offered a roller-coaster ride in recent years. Meanwhile, when capital appreciation over the long term takes precedence over dividend payouts, growth funds become a natural choice for investors. These funds focus on realizing an appreciable amount of capital growth by investing in stocks of firms whose value is projected to rise over the long term. However, a relatively higher tolerance to risk and the willingness to park funds for the longer term are necessary when investing in these securities. This is because they may experience relatively more fluctuations than other fund classes.

Below we will share with you 5 buy ranked mid-cap growth mutual funds. Each has earned either a Zacks Mutual Fund Rank #1 (Strong Buy) or a Zacks Mutual Fund Rank #2 (Buy) as we expect these mutual funds to outperform their peers in the future. 

Janus Enterprise S (JGRTX - MF report) seeks capital appreciation over the long run. JGRTX invests a minimum of half of its assets in common stocks of companies having market capitalizations similar to those listed in the Russell Midcap Growth Index. JGRTX invests in companies that are believed to have above-average growth prospects. JGRTX may invest in companies located outside the US including those from emerging nations. The Janus Enterprise S fund has returned 6.8% over the year-to-date frame.

Brian Demain is the fund manager and has managed JGRTX since 2007.

Neuberger Berman Mid Cap Growth A (NMGAX - MF report) invests a large chunk of its assets in companies having market cap size identical to those included in the Russell Midcap Index. NMGAX maintain a diversified portfolio by investing in common stocks of companies across a wide range of sectors and industries. NMGAX may focus on specific sectors that are expected to gain from market or economic trends. The Neuberger Berman Mid Cap Growth A fund has returned 12.3% over the year-to-date frame.

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