Based on 1-year returns, the top performing Multi Cap funds are Groww Multicap Fund - Direct Plan with 12.78% return, Bank of India Multi Cap Fund - Direct Plan with 9.04% return, and Tata Multicap Fund - Direct Plan with 8.32% return. The category average 1-year return is 2.49%.
Multi Cap Funds
Multi-cap funds invest in the stocks of various market caps. So, multi-cap funds will invest in small, medium, and large-cap stocks. As per the SEBI guidelines, a minimum of 25% of the assets will be invested in each (small, mid, and large-cap) category. The SEBI has defined the first 100 companies by market cap as large-cap companies, the next 101 to 250 companies by market cap as mid-cap companies, and companies after that as small-cap companies.
Total Schemes
37
No. of schemes
Total AUM
₹ 2.30Lakh Cr
As on latest
Category Return (5Y)
15.73 %
CAGR
Benchmark
12.29%
NIFTY 500 TRI
Category Returns (%)
| Period | 1M | 6M | 1Y | 3Y CAGR | 5Y CAGR | 10Y CAGR | YTD |
|---|---|---|---|---|---|---|---|
Multi Cap | 0.45 % | -2.45 % | 2.49 % | 17.84 % | 15.73 % | - | -1.64 % |
Benchmark | -0.98 % | -5.95 % | -0.83 % | 13.55 % | 12.29 % | 13.90 % | -5.75 % |
About Multi Cap Funds
What is it?
Multi-cap funds invest in the stocks of various market caps. So, multi-cap funds will invest in small, medium, and large-cap stocks. As per the SEBI guidelines, a minimum of 25% of the assets will be invested in each (small, mid, and large-cap) category. The SEBI has defined the first 100 companies by market cap as large-cap companies, the next 101 to 250 companies by market cap as mid-cap companies, and companies after that as small-cap companies.
Objective
The objective of these funds is to generate maximum risk-adjusted returns by investing in stocks across various market cap categories.
Suitability and opinion
These funds are suitable for investors with a high-risk appetite. They can be a good option for investors willing to generate high returns by investing in stocks across different market caps. But as these funds have to invest a minimum of 25% in each market cap (small, mid, and large), they have a lower degree of freedom in asset allocation compared to flexicap funds. They will have a higher level of volatility as at least 50% of the assets will be allocated to mid-and small-cap stocks. We believe that investors can avoid this category. We feel that flexi-cap funds are a far better option if investors want to take exposure to stocks of different market caps. We believe the same because fund managers have complete freedom over percentage allocation in flexi-cap funds.
Multi Cap vs Other Categories
5Y CAGR Return Comparison
Key Insights
Multi Cap delivered 15.73% CAGR over the last 5 years.
It ranks #10 out of 24 categories based on 5Y performance.
Above the category average return of 15.13%.
9 categories outperform it, while 14 categories have lower returns.
Top performer: Thematic-PSU (24.47%).
Lowest performer: Sectoral-Technology (8.85%).
Let's have a closer look
Now let us jump and check about these top 15 mutual fund schemes.
Nippon India Multi Cap Fund - Direct Plan
Fund Performance: Nippon India Multi Cap Fund - Direct Plan has given 18.43% annualized returns in the past three years and 20.33% in the last 5 years. The Nippon India Multi Cap Fund - Direct Plan comes under the Equity category of Nippon India Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in Nippon India Multi Cap Fund - Direct Plan via lump sum is ₹ 100.00 and via SIP is ₹ 100.00.
Min Investment Amt
₹ 100.00
AUM
₹ 52,634.00Cr
1Y Returns
-0.05%
Expense Ratio
1.12%
Kotak Multicap Fund - Direct Plan
Fund Performance: Kotak Multicap Fund - Direct Plan has given 21.71% annualized returns in the past three years. The Kotak Multicap Fund - Direct Plan comes under the Equity category of Kotak Mahindra Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in Kotak Multicap Fund - Direct Plan via lump sum is ₹ 100.00 and via SIP is ₹ 100.00.
Min Investment Amt
₹ 100.00
AUM
₹ 25,768.70Cr
1Y Returns
5.47%
Expense Ratio
0.47%
SBI Multicap Fund - Direct Plan
Fund Performance: SBI Multicap Fund - Direct Plan has given 15.34% annualized returns in the past three years. The SBI Multicap Fund - Direct Plan comes under the Equity category of SBI Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in SBI Multicap Fund - Direct Plan via lump sum is ₹ 5,000.00 and via SIP is ₹ 500.00.
Min Investment Amt
₹ 5,000.00
AUM
₹ 23,118.90Cr
1Y Returns
-0.09%
Expense Ratio
0.86%
HDFC Multi Cap Fund - Direct Plan
Fund Performance: HDFC Multi Cap Fund - Direct Plan has given 15.71% annualized returns in the past three years. The HDFC Multi Cap Fund - Direct Plan comes under the Equity category of HDFC Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in HDFC Multi Cap Fund - Direct Plan via lump sum is ₹ 100.00 and via SIP is ₹ 100.00.
Min Investment Amt
₹ 100.00
AUM
₹ 19,557.60Cr
1Y Returns
-2.49%
Expense Ratio
0.82%
ICICI Prudential Multicap Fund - Direct Plan
Fund Performance: ICICI Prudential Multicap Fund - Direct Plan has given 20.01% annualized returns in the past three years and 17.31% in the last 5 years. The ICICI Prudential Multicap Fund - Direct Plan comes under the Equity category of ICICI Prudential Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in ICICI Prudential Multicap Fund - Direct Plan via lump sum is ₹ 5,000.00 and via SIP is ₹ 100.00.
Min Investment Amt
₹ 5,000.00
AUM
₹ 16,997.40Cr
1Y Returns
6.33%
Expense Ratio
0.92%
Axis Multicap Fund - Direct Plan
Fund Performance: Axis Multicap Fund - Direct Plan has given 20.63% annualized returns in the past three years. The Axis Multicap Fund - Direct Plan comes under the Equity category of Axis Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in Axis Multicap Fund - Direct Plan via lump sum is ₹ 100.00 and via SIP is ₹ 100.00.
Min Investment Amt
₹ 100.00
AUM
₹ 9,656.66Cr
1Y Returns
3.36%
Expense Ratio
0.62%
Quant Multi Cap Fund - Direct Plan
Fund Performance: Quant Multi Cap Fund - Direct Plan has given 13.76% annualized returns in the past three years and 13.80% in the last 5 years. The Quant Multi Cap Fund - Direct Plan comes under the Equity category of Quant Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in Quant Multi Cap Fund - Direct Plan via lump sum is ₹ 5,000.00 and via SIP is ₹ 1,000.00.
Min Investment Amt
₹ 5,000.00
AUM
₹ 7,466.00Cr
1Y Returns
2.97%
Expense Ratio
0.72%
Aditya Birla Sun Life Multi-Cap Fund - Direct Plan
Fund Performance: Aditya Birla Sun Life Multi-Cap Fund - Direct Plan has given 16.01% annualized returns in the past three years and 14.80% in the last 5 years. The Aditya Birla Sun Life Multi-Cap Fund - Direct Plan comes under the Equity category of Aditya Birla Sun Life Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in Aditya Birla Sun Life Multi-Cap Fund - Direct Plan via lump sum is ₹ 500.00 and via SIP is ₹ 100.00.
Min Investment Amt
₹ 500.00
AUM
₹ 6,640.62Cr
1Y Returns
4.14%
Expense Ratio
0.80%
Mahindra Manulife Multi Cap Fund - Direct Plan
Fund Performance: Mahindra Manulife Multi Cap Fund - Direct Plan has given 20.52% annualized returns in the past three years and 18.11% in the last 5 years. The Mahindra Manulife Multi Cap Fund - Direct Plan comes under the Equity category of Mahindra Manulife Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in Mahindra Manulife Multi Cap Fund - Direct Plan via lump sum is ₹ 1,000.00 and via SIP is ₹ 500.00.
Min Investment Amt
₹ 1,000.00
AUM
₹ 6,438.60Cr
1Y Returns
7.85%
Expense Ratio
1.14%
HSBC Multi Cap Fund - Direct Plan
Fund Performance: HSBC Multi Cap Fund - Direct Plan has given 21.43% annualized returns in the past three years. The HSBC Multi Cap Fund - Direct Plan comes under the Equity category of HSBC Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in HSBC Multi Cap Fund - Direct Plan via lump sum is ₹ 5,000.00 and via SIP is ₹ 500.00.
Min Investment Amt
₹ 5,000.00
AUM
₹ 5,500.08Cr
1Y Returns
4.64%
Expense Ratio
0.60%
Canara Robeco Multi Cap Fund - Direct Plan
Fund Performance: The Canara Robeco Multi Cap Fund - Direct Plan comes under the Equity category of Canara Robeco Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in Canara Robeco Multi Cap Fund - Direct Plan via lump sum is ₹ 5,000.00 and via SIP is ₹ 1,000.00.
Min Investment Amt
₹ 5,000.00
AUM
₹ 5,229.32Cr
1Y Returns
0.27%
Expense Ratio
0.72%
Mirae Asset Multicap Fund - Direct Plan
Fund Performance: The Mirae Asset Multicap Fund - Direct Plan comes under the Equity category of Mirae Asset Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in Mirae Asset Multicap Fund - Direct Plan via lump sum is ₹ 5,000.00 and via SIP is ₹ 99.00.
Min Investment Amt
₹ 5,000.00
AUM
₹ 4,954.25Cr
1Y Returns
2.60%
Expense Ratio
0.45%
Franklin India Multi Cap Fund - Direct Plan
Fund Performance: The Franklin India Multi Cap Fund - Direct Plan comes under the Equity category of Franklin Templeton Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in Franklin India Multi Cap Fund - Direct Plan via lump sum is ₹ 5,000.00 and via SIP is ₹ 500.00.
Min Investment Amt
₹ 5,000.00
AUM
₹ 4,826.30Cr
1Y Returns
4.47%
Expense Ratio
0.52%
Invesco India Multicap Fund - Direct Plan
Fund Performance: Invesco India Multicap Fund - Direct Plan has given 15.09% annualized returns in the past three years and 13.32% in the last 5 years. The Invesco India Multicap Fund - Direct Plan comes under the Equity category of Invesco Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in Invesco India Multicap Fund - Direct Plan via lump sum is ₹ 1,000.00 and via SIP is ₹ 100.00.
Min Investment Amt
₹ 1,000.00
AUM
₹ 3,995.40Cr
1Y Returns
-5.25%
Expense Ratio
1.83%
Motilal Oswal Multi Cap Fund - Direct Plan
Fund Performance: The Motilal Oswal Multi Cap Fund - Direct Plan comes under the Equity category of Motilal Oswal Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in Motilal Oswal Multi Cap Fund - Direct Plan via lump sum is ₹ 500.00 and via SIP is ₹ 500.00.
Min Investment Amt
₹ 500.00
AUM
₹ 3,993.91Cr
1Y Returns
-4.32%
Expense Ratio
0.75%
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