Top five best performing ULIP midcaps

Over the past year, the S&P BSE Midcap Index has returned 42.95%, almost double that of the Sensex. Read on to find out about the top five best performing ULIP midcaps.

The market as a whole (Sensex) appears to be in a phase of correction. Even the midcap and smallcap indices trended lower, indicating weakness. Larger markets, as represented by the S&P BSE Midcap Index and the S&P BSE Smallcap Index, fell less than the Sensex.

Over the past three months, the Sensex index has generated negative returns of 3.52%, while the BSE Midcap index has had negative returns of 1.6% and the BSE Smallcap index has returned positive returns. by 2.92%. However, looking at the performance of short-term mid and small caps is a mistake.

You can gain exposure to mid-caps by investing directly in mid-cap stocks, through petty cash, mutual funds, and unit-linked insurance plans (ULIPs). If you are considering a ULIP, there are a few things you should be aware of before investing in it. One is the cost of ULIPs and the other is the five-year lockout period.

Read: Everything you need to know about ULIP Investing

In addition, the new tax regulations have an impact on the after-tax performance of ULIPs. In this article, we will present the five best performing mid-cap ULIPs.

Read: ULIPs will be taxed in the same way as MFs

The top five performing mid-cap ULIPs are listed below.

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