HDFC Mid Cap Fund has crossed Rs 1 lakh crore in Assets Under Management (AUM), becoming one of the largest funds in the mid-cap category.
Launched on June 25, 2007, the fund has delivered a CAGR of 17.13% since inception, outperforming its benchmark, the Nifty Midcap 150 Index, which generated a CAGR of 15.04% over the same period, according to a release by the fund house.