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Best Multi Cap Mutual Funds

Multicap mutual funds are investment options that deal with stocks of large, mid, and small-cap stocks in a specific proportion, instead of investing in a particular type all at once. These are ideal for investors with a low-risk appetite, as the best multi-cap mutual funds of 2019 are less risky compared to pure mid-cap or small-cap funds.

Based on such end-usage benefits, these funds are considered ‘market capitalization agnostic.’ This feature is one of several which makes these schemes more sought after. Recently, SEBI has re-categorized most MFs in the domestic market. A lot of stress has shifted from the long and mid-cap segments, leaving multi-cap MFs in the green.

Most multicap funds perform well due to the varied investment opportunities provided. Unlike other categories, all of the best multicap mutual funds can be invested across sectors. These schemes can easily be switched across diverse industry segments and market capitalizations.

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Top 10 Multi Cap Mutual Funds

Fund NameCategoryRisk1Y ReturnsRatingFund Size(in Cr)
Quant Active FundEquityVery High106.6%5star260
Mahindra Badhat YojanaEquityVery High64.1%4star451
Baroda Pioneer Growth FundEquityVery High59.5%3star972
ICICI Prudential Multicap FundEquityVery High58.4%3star5,890
Invesco India Multi Cap FundEquityVery High57.9%3star1,171
Principal Growth FundEquityVery High58.0%3star714
BNP Paribas Multi Cap FundEquityVery High52.2%2star520
Nippon India Multi Cap FundEquityVery High62.1%1star9,043
Sundaram Equity FundEquityVery High58.2%star667
ITI Multi Cap FundEquityModerately High50.7%star206
Kotak India Growth Fund - Series IVEquityVery High81.5%3star71
Edelweiss Maiden Opportunities Fund - Series 1EquityVery High67.0%3star514
DSP A.C.E. Fund - Series 2EquityVery High22.3%3star107
ICICI Prudential Value Fund - Series 17EquityVery High59.4%3star239
Aditya Birla Sun Life Resurgent India Fund - Series 5EquityVery High57.8%3star331
View All Top 10 Multi Cap Mutual Funds

Features of Multi-Cap Mutual Fund

Like all investment options, the purpose of these funds is to create an alternate source of income and help reach an individual’s financial goal.

The following are the primary purposes and features which make multicap mutual funds special.

  • Enables retail and wholesale investors to put significant sums in large, medium and small market capitalization industries. The best multicap funds of 2019 allow an investor to distribute their wealth over a diverse portfolio to lower the risk.
  • These schemes do not run for as long as large-cap Funds; neither do they have the characteristic time constraints of Small Cap Fund options. Multicap funds are ideal for new investors as it invests across a diverse portfolio to lower market risks.
  • It allows risk-averse investors to enter the market thanks to its relatively low financial risk. Investors can retain the value of their investment for a significantly longer time if they invest in multicap mutual funds along with Flexi-cap and small-cap mutual funds.

Taxability

SEBI’s recent moves to expand the inflow of investments have led to some confusion on the taxation issues that bind Mutual Funds. Some MFs have merged with each other to form bigger funds. However, that does not alter the taxation issues in the schemes per se.

A specific ‘grandfathering’ clause has been added in the Union Budget this year (2019) which prevents any taxation on gains made on Mutual Funds till 31 January, 2018. All wealth made before this deadline is exempt from LTCG (Long Term Capital Gains) Tax.

However, all gains made post January 31 is liable to be taxed. All gains up to Rs 1 Lakh are tax-exempt. The remaining amount will be subject to a 10% tax.

Who Are These Funds Suited For?

While all retail consumers can choose their individual best Multicap Mutual Funds to invest in 2019 according to their necessities and criteria, the following categories of investors must pay special attention.

  • Those who are averse to high-risk investments in Mutual Funds. Note that while risk and returns are often co-linked, having a high-yielding MF does not automatically translate into a high risk one.
  • Those investors who are looking to pour in significant sums in Large Cap schemes in the long run but do not have a financial plan in place currently.
  • Those who may not like to invest in Short Term MFs but are not looking for long-time financial commitments.

Major Advantages

The following are the major plus points these schemes carry.

  • Reduces the element of risk which prevents many retail customers from entering the Mutual Funds niche.
  • Sustainable returns for up to 7 years. This gives enough time for long term financial planning.
  • Helps in portfolio diversification.
  • Creates more investment opportunities across many market segments since the best Multicap Mutual Funds are spread out regardless of market capitalisation.

Let's have a closer look

Now let us jump and check about these top 10 mutual fund schemes.

Quant Active Fund Direct Growth

Fund Performance: This fund has given 21.55% annualized returns in the last three years. In the last year, its returns were 106.59%. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 106.59% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹1,000.

Min Investment Amt₹5,000
AUM260Cr
1Y Returns106.6%

Mahindra Manulife Multi Cap Badhat Yojana Direct Growth

Fund Performance: This fund has given 14.04% annualized returns in the last three years. In the last year, its returns were 64.06%. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 64.06% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹1,000. Minimum SIP investment amount required for this scheme is ₹500.

Min Investment Amt₹1,000
AUM451Cr
1Y Returns64.1%

Baroda Multi Cap Fund Direct Growth

Fund Performance: This fund has given 9.42% annualized returns in the last three years. In the last year, its returns were 59.54%. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 59.54% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹500.

Min Investment Amt₹5,000
AUM972Cr
1Y Returns59.5%

ICICI Prudential Multicap Fund Direct Plan Growth

Fund Performance: This fund has given 9.23% annualized returns in the last three years. In the last year, its returns were 58.42%. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 58.42% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹100.

Min Investment Amt₹5,000
AUM5,890Cr
1Y Returns58.4%

Invesco India Multicap Fund Direct Growth

Fund Performance: This fund has given 7.26% annualized returns in the last three years. In the last year, its returns were 57.85%. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 57.85% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹1,000. Minimum SIP investment amount required for this scheme is ₹500.

Min Investment Amt₹1,000
AUM1,171Cr
1Y Returns57.9%

Principal Multi Cap Growth Fund Direct Growth

Fund Performance: This fund has given 6.89% annualized returns in the last three years. In the last year, its returns were 57.95%. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 57.95% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹300. Minimum SIP investment amount required for this scheme is ₹100.

Min Investment Amt₹300
AUM714Cr
1Y Returns58.0%

BNP Paribas Multi Cap Fund Direct Growth

Fund Performance: This fund has given 8.7% annualized returns in the last three years. In the last year, its returns were 52.17%. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 52.17% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹300.

Min Investment Amt₹5,000
AUM520Cr
1Y Returns52.2%

Nippon India Multi Cap Fund Direct Growth

Fund Performance: This fund has given 6.17% annualized returns in the last three years. In the last year, its returns were 62.1%. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 62.1% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹100. Minimum SIP investment amount required for this scheme is ₹100.

Min Investment Amt₹100
AUM9,043Cr
1Y Returns62.1%

Sundaram Equity Fund Direct Growth

Fund Performance: In the last year, its returns were 58.19%. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 58.19% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹100. Minimum SIP investment amount required for this scheme is ₹100.

Min Investment Amt₹100
AUM667Cr
1Y Returns58.2%

ITI Multi Cap Fund Direct Growth

Fund Performance: In the last year, its returns were 50.67%. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 50.67% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹1,000. Minimum SIP investment amount required for this scheme is ₹500.

Min Investment Amt₹1,000
AUM206Cr
1Y Returns50.7%

Kotak India Growth Fund Series 4 Direct Growth

Fund Performance: This fund has given 15.56% annualized returns in the last three years. In the last year, its returns were 81.54%. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 81.54% returns in the last one year. . Minimum SIP investment amount required for this scheme is ₹500.

Min Investment Amt₹5,000
AUM71Cr
1Y Returns81.5%

Edelweiss Maiden Opportunities Fund Series 1 Direct Growth

Fund Performance: This fund has given 14.43% annualized returns in the last three years. In the last year, its returns were 67%. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 67% returns in the last one year. . Minimum SIP investment amount required for this scheme is ₹500.

Min Investment Amt₹5,000
AUM514Cr
1Y Returns67.0%

DSP A.C.E.Fund (Analyst'S Conviction Equalized) Series 2 Direct Growth

Fund Performance: This fund has given 12.24% annualized returns in the last three years. In the last year, its returns were 22.28%. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 22.28% returns in the last one year. . Minimum SIP investment amount required for this scheme is ₹500.

Min Investment Amt₹1,000
AUM107Cr
1Y Returns22.3%

ICICI Prudential Value Fund Series 17 Direct Growth

Fund Performance: This fund has given 8.63% annualized returns in the last three years. In the last year, its returns were 59.43%. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 59.43% returns in the last one year. . .

Min Investment Amt₹5,000
AUM239Cr
1Y Returns59.4%

Aditya Birla Sun Life Resurgent India Fund Series 5 Direct Growth

Fund Performance: This fund has given 7.21% annualized returns in the last three years. In the last year, its returns were 57.75%. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 57.75% returns in the last one year. . Minimum SIP investment amount required for this scheme is ₹500.

Min Investment Amt₹1,000
AUM331Cr
1Y Returns57.8%

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