Explore these high-quality mid-cap stocks!

Broader markets have beaten the Nifty 50 by a large margin in the preceding year. In this piece, we'll look at the top 10 excellent mid-cap stocks to look into. 

The Nifty Mid-Cap 150 Total Returns Index (TRI) returned 34.9% last year, compared to 18.7% for the Nifty 50 TRI. When we analyse the median one-year, three-year, and five-year rolling returns of Nifty 50 TRI and Nifty Mid-Cap 150 TRI, we notice that Nifty Mid-Cap 150 TRI beats Nifty 50 TRI in all three periods. However, keep in mind that the risk for Nifty Mid-Cap 150 TRI is larger than for Nifty 50 TRI.

The Nifty Mid-Cap 150 TRI has one-year, three-year, and five-year rolling returns of 15.04%, 13.11%, and 14.77%, respectively, while the Nifty 50 TRI has 14.21%, 11.01%, and 12.19%. Interestingly, the gap between their median rolling returns widens when we invest for a longer time horizon. However, the median one-year, three-year, and five-year rolling returns of quality midcaps are 18%, 18.1%, and 19.4%, respectively.

The Nifty Mid-Cap 150 Quality 50 TRI has been chosen to symbolise it. Across all periods, these returns now surpass the Nifty Mid-Cap 150 TRI and the Nifty 50 TRI by a substantial margin. As a result, it makes significantly more sense to invest in solid mid-cap companies.

As a consequence, we've prepared a list of the top 10 outstanding mid-cap businesses to investigate.