Which funds are similar to Nippon India Multi Cap Fund Direct-Growth?
Funds similar to Nippon India Multi Cap Fund Direct-Growth in the Equity: Multi Cap category include Kotak Multi Cap Fund Direct-Growth, SBI Multicap Fund Direct-Growth, and HDFC Multi Cap Fund Direct-Growth. These funds follow a comparable investment mandate and are benchmarked against similar indices. You can compare them in detail — across returns, risk metrics, expense ratio, and portfolio composition — using the fund comparison tool on sharpely.
What is the rank of Nippon India Multi Cap Fund Direct-Growth in its category?
On a 3-year return basis Nippon India Multi Cap Fund Direct-Growth is ranked 15 out of 22 funds in the Equity: Multi Cap category as of 9 Oct 2026. On a 5-year return basis it ranks 2 out of 10. Consistently ranking in the top across multiple time periods is a stronger signal of fund quality than a single-period rank.
How does Nippon India Multi Cap Fund Direct-Growth's expense ratio compare to similar funds?
Nippon India Multi Cap Fund Direct-Growth has an expense ratio of 0.88%. The peers Kotak Multi Cap Fund Direct-Growth has an expense ratio of 0.69% and SBI Multicap Fund Direct-Growth has 1.05%. Over the long term, a higher expense ratio can meaningfully drag on returns, so it is worth evaluating whether the fund's performance justifies the additional cost.
How does Nippon India Multi Cap Fund Direct-Growth's AUM compare to similar funds?
Nippon India Multi Cap Fund Direct-Growth has an AUM of ₹53,766.6 crore. The peers Kotak Multi Cap Fund Direct-Growth has an AUM of ₹30,529.1 crore and SBI Multicap Fund Direct-Growth has ₹23,455.7 crore. A large AUM can sometimes limit a fund's ability to take meaningful positions in mid and small-cap stocks, as larger trades can move prices. This is particularly relevant for funds that invest outside large caps.
Which fund has the best 3-year returns in the Equity: Multi Cap?
The top performing fund in the Equity: Multi Cap category on a 3-year basis is Axis Multicap Fund Direct-Growth with a CAGR of 18.45% as of 9 Oct 2026. Nippon India Multi Cap Fund Direct-Growth has delivered 12.14% CAGR over the same period, ranking 15 out of 22 funds. You can view and compare the full category ranking on sharpely.
How does Nippon India Multi Cap Fund Direct-Growth rank in risk-adjusted returns vs peers?
On a risk-adjusted basis, Nippon India Multi Cap Fund Direct-Growth has a Sharpe ratio of 0.44 compared to the Equity: Multi Cap average of 0.53 as of 9 Oct 2026. It ranks 16 out of 22 funds in its category on Sharpe ratio.
