Nippon India Multi Cap Fund Direct-Growth
Equity: Multi Cap - Growth (Open ended)
SEBI Riskometer: Very HighCategory: Equity: Multi CapBenchmark: Nifty 500 Multicap 50:25:25 Total Return IndexCheck Portfolio Overlap →
NAV: ₹304.91-1.32%
23 Oct 2026
Similar Funds
Side-by-side comparison of Nippon India Multi Cap Fund Direct-Growth with similar funds — trailing returns, risk metrics, AUM and expense ratio.
| Period | This Fund | Category Avg | Category Rank |
|---|---|---|---|
| 1Y Return | -9.20% | -3.73% | 34 / 36 |
| 3Y Return | +11.31% | 13.14% | 16 / 22 |
| 5Y Return | +14.06% | 12.05% | 2 / 10 |
| 10Y Return | +14.52% | — | — |
Trailing annualised returns (%). Category rank: lower is better. Green = top third of category.
Funds in Equity: Multi Cap
Top funds by AUM in the Equity: Multi Cap category — see how Nippon India Multi Cap Fund Direct-Growth compares on size and returns.
Funds Tracking Nifty 500 Multicap 50:25:25 Total Return Index
Top funds tracking the Nifty 500 Multicap 50:25:25 Total Return Index — sorted by AUM to show the largest options available.
Frequently Asked Questions
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 16 out of 22 funds in the Equity: Multi Cap category as of 22 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 0.89%. The peers Kotak Multi Cap Fund Direct-Growth has an expense ratio of 0.69% and SBI Multicap Fund Direct-Growth has 1.06%. 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 ₹30,335.3 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 17.19% as of 22 Oct 2026. Nippon India Multi Cap Fund Direct-Growth has delivered 11.31% CAGR over the same period, ranking 16 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 22 Oct 2026. It ranks 16 out of 22 funds in its category on Sharpe ratio.