Multi-cap funds invest in equity shares of companies across different market capitalisations. They are associated with a lower risk level in comparison to mid-cap or small-cap funds. However, the risk exposure is higher than that of large-cap funds. The fund managers of best multi-cap mutual funds in India consider the market conditions and adjust the proportion of large-cap, small-cap and mid-cap stocks in their portfolio accordingly.
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| Fund Name | Category | Risk | 1Y Returns | Rating | Fund Size(in Cr) |
|---|---|---|---|---|---|
| Mahindra Manulife Multi Cap Badhat Yojana Fund | Equity | Very High | 0.9% | 5 | ₹1,388 |
| Baroda BNP Paribas Multi Cap Fund | Equity | Very High | -2.2% | 4 | ₹1,694 |
| BNP Paribas Multi Cap Fund | Equity | Very High | 20.5% | -- | ₹562 |
| Quant Active Fund | Equity | Very High | 7.8% | -- | ₹2,857 |
| Nippon India Multi Cap Fund | Equity | Very High | 10.7% | -- | ₹13,224 |
| Sundaram Multi Cap Fund | Equity | Very High | 0.2% | -- | ₹1,903 |
| Invesco India Multicap Fund | Equity | Very High | -3.4% | -- | ₹2,192 |
| ICICI Prudential Multicap Fund | Equity | Very High | 0.3% | -- | ₹6,875 |
| UTI Focussed Equity Fund | Equity | Very High | 63.0% | -- | ₹410 |
| ITI Multi Cap Fund | Equity | Moderately High | -6.4% | -- | ₹440 |
| UTI Focussed Equity Fund | Equity | Moderately High | 14.0% | -- | ₹100 |
| Sundaram Equity Fund | Equity | Very High | 41.4% | -- | ₹828 |
| Aditya Birla Sun Life Multi-Cap Fund | Equity | Very High | -2.1% | -- | ₹3,755 |
| IDFC Multi Cap Fund | Equity | Very High | NA | -- | ₹1,101 |
| Axis Multicap Fund | Equity | Very High | NA | -- | ₹5,540 |
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Given below are some of the features of the best multi-cap funds 2022:
Asset allocation: As per SEBI guidelines, multi-cap funds must allocate at least 75% of the investment corpus to equity and equity-related instruments or large-cap, mid-cap, and small-cap companies. The minimum investment in each category must be at least 25% of the total corpus.
Risk-return ratio: The risk-to-return ratio varies depending on asset allocation. For example, a portfolio with a high percentage of large-cap stocks will be less risky and generate stable returns. However, if the percentage of small and mid-cap stocks is more, the fund will be riskier but is likely to generate higher returns.
Short-term capital gains tax: In case someone redeems the units in a multi-cap fund within 1 year, it is known as short term capital gains (STCG). Investors need to pay tax at 15% on such gains.
Long-term capital gains tax: If they redeem the units after 1 year, proceeds from them will be classified as long-term capital gains (LTCG). If LTCG during a financial year is within Rs.1 lakh, tax is not applicable. A 10% tax applies to gains above that threshold.
TDS: Tax Deductible at Source only applies when one opts for the dividend option of a multi-cap fund scheme. It’s 10% only if the dividend payout exceeds Rs.5000.
Typically, the best multi-cap mutual funds match the following investment objective – high growth opportunities with subdued market risk. Nevertheless, before investing in the best multi-cap mutual funds, investors must consider certain key aspects, like their ideal investment horizon, investment goal, and risk appetite.
As noted above, different schemes come with varied asset allocations. Hence, investors must pick an option out of the top multi-cap funds best suited for achieving their financial goals.
Now let us jump and check about these top 15 mutual fund schemes.
Fund Performance: The Mahindra Manulife Multi Cap Badhat Yojana Fund has given 24.33% annualized returns in the past three years and 16.42% in the last 5 years. The Mahindra Manulife Multi Cap Badhat Yojana Fund belongs to the Equity category of Mahindra Mutual Funds.
Minimum Investment Amount: The minimum amount required to invest in Mahindra Manulife Multi Cap Badhat Yojana Fund via lump sum is ₹1,000 and via SIP is ₹500.
| Min Investment Amt | ₹1,000 |
|---|---|
| AUM | ₹1,388Cr |
| 1Y Returns | 0.9% |
Fund Performance: The Baroda BNP Paribas Multi Cap Fund has given 20.25% annualized returns in the past three years and 12.45% in the last 5 years. The Baroda BNP Paribas Multi Cap Fund belongs to the Equity category of Baroda Mutual Funds.
Minimum Investment Amount: The minimum amount required to invest in Baroda BNP Paribas Multi Cap Fund via lump sum is ₹5,000 and via SIP is ₹500.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹1,694Cr |
| 1Y Returns | -2.2% |
Fund Performance: The BNP Paribas Multi Cap Fund has given 19.42% annualized returns in the past three years and 15.26% in the last 5 years. The BNP Paribas Multi Cap Fund belongs to the Equity category of BNP Paribas Mutual Funds.
Minimum Investment Amount: The minimum amount required to invest in BNP Paribas Multi Cap Fund via lump sum is ₹5,000 and via SIP is ₹500.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹562Cr |
| 1Y Returns | 20.5% |
Fund Performance: The Quant Active Fund has given 36.21% annualized returns in the past three years and 22.89% in the last 5 years. The Quant Active Fund belongs to the Equity category of Quant Mutual Funds.
Minimum Investment Amount: The minimum amount required to invest in Quant Active Fund via lump sum is ₹5,000 and via SIP is ₹1,000.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹2,857Cr |
| 1Y Returns | 7.8% |
Fund Performance: The Nippon India Multi Cap Fund has given 20.17% annualized returns in the past three years and 13.83% in the last 5 years. The Nippon India Multi Cap Fund belongs to the Equity category of Nippon India Mutual Funds.
Minimum Investment Amount: The minimum amount required to invest in Nippon India Multi Cap Fund via lump sum is ₹100 and via SIP is ₹100.
| Min Investment Amt | ₹100 |
|---|---|
| AUM | ₹13,224Cr |
| 1Y Returns | 10.7% |
Fund Performance: The Sundaram Multi Cap Fund has given 19.33% annualized returns in the past three years and 11.92% in the last 5 years. The Sundaram Multi Cap Fund belongs to the Equity category of Sundaram Mutual Funds.
Minimum Investment Amount: The minimum amount required to invest in Sundaram Multi Cap Fund via lump sum is ₹300 and via SIP is ₹100.
| Min Investment Amt | ₹300 |
|---|---|
| AUM | ₹1,903Cr |
| 1Y Returns | 0.2% |
Fund Performance: The Invesco India Multicap Fund has given 19.31% annualized returns in the past three years and 12.37% in the last 5 years. The Invesco India Multicap Fund belongs to the Equity category of Invesco Mutual Funds.
Minimum Investment Amount: The minimum amount required to invest in Invesco India Multicap Fund via lump sum is ₹1,000 and via SIP is ₹500.
| Min Investment Amt | ₹1,000 |
|---|---|
| AUM | ₹2,192Cr |
| 1Y Returns | -3.4% |
Fund Performance: The ICICI Prudential Multicap Fund has given 16.83% annualized returns in the past three years and 12.59% in the last 5 years. The ICICI Prudential Multicap Fund belongs to the Equity category of ICICI Prudential Mutual Funds.
Minimum Investment Amount: The minimum amount required to invest in ICICI Prudential Multicap Fund via lump sum is ₹5,000 and via SIP is ₹100.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹6,875Cr |
| 1Y Returns | 0.3% |
Fund Performance: The UTI Focussed Equity Fund belongs to the Equity category of UTI Mutual Funds.
Minimum Investment Amount: The minimum amount required to invest in UTI Focussed Equity Fund via lump sum is ₹5,000 and via SIP is ₹0.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹410Cr |
| 1Y Returns | 63.0% |
Fund Performance: The ITI Multi Cap Fund belongs to the Equity category of ITI Mutual Funds.
Minimum Investment Amount: The minimum amount required to invest in ITI Multi Cap Fund via lump sum is ₹1,000 and via SIP is ₹500.
| Min Investment Amt | ₹1,000 |
|---|---|
| AUM | ₹440Cr |
| 1Y Returns | -6.4% |
Fund Performance: The UTI Focussed Equity Fund has given 2.93% annualized returns in the past three years and 8.87% in the last 5 years. The UTI Focussed Equity Fund belongs to the Equity category of UTI Mutual Funds.
Minimum Investment Amount: The minimum amount required to invest in UTI Focussed Equity Fund via lump sum is ₹10,000 and via SIP is ₹0.
| Min Investment Amt | ₹10,000 |
|---|---|
| AUM | ₹100Cr |
| 1Y Returns | 14.0% |
Fund Performance: The Sundaram Equity Fund belongs to the Equity category of Sundaram Mutual Funds.
Minimum Investment Amount: The minimum amount required to invest in Sundaram Equity Fund via lump sum is ₹100 and via SIP is ₹100.
| Min Investment Amt | ₹100 |
|---|---|
| AUM | ₹828Cr |
| 1Y Returns | 41.4% |
Fund Performance: The Aditya Birla Sun Life Multi-Cap Fund belongs to the Equity category of Aditya Birla Sun Life Mutual Funds.
Minimum Investment Amount: The minimum amount required to invest in Aditya Birla Sun Life Multi-Cap Fund via lump sum is ₹500 and via SIP is ₹500.
| Min Investment Amt | ₹500 |
|---|---|
| AUM | ₹3,755Cr |
| 1Y Returns | -2.1% |
Fund Performance: The IDFC Multi Cap Fund belongs to the Equity category of IDFC Mutual Funds.
Minimum Investment Amount: The minimum amount required to invest in IDFC Multi Cap Fund via lump sum is ₹5,000 and via SIP is ₹1,000.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹1,101Cr |
| 1Y Returns | NA |
Fund Performance: The Axis Multicap Fund belongs to the Equity category of Axis Mutual Funds.
Minimum Investment Amount: The minimum amount required to invest in Axis Multicap Fund via lump sum is ₹5,000 and via SIP is ₹1,000.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹5,540Cr |
| 1Y Returns | NA |
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