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Best Multi Cap Mutual Funds

Average Return
20.40%
No of Schemes
37

Multicap funds are diversified mutual funds that invest in stocks across market capitalization. They are market capitalization agnostic. These funds invest in large-cap, mid-cap, and small-cap companies together. This factor makes it a diversified fund, whereby it is stable with investments in large-cap funds and also holds a certain amount of volatility through investments in small-cap funds. You can have a look at the best multi cap funds 2025 for a brief overview here.

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List of Multi Cap Mutual Funds in India

Fund NameCategoryRiskNAVExpense Ratio1Y Returns3Y Returns5Y Returns7Y Returns10Y ReturnsRatingFund Size (in Cr)Exit Load
Nippon India Multi Cap Fund
EquityVery High326.640.739.2%22.2%22.6%17.6%16.7%5₹46,320
For units more than 10% of the investments, an exit load of 1% if redeemed within 12 months.
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Kotak Multicap Fund
EquityVery High20.770.4512.3%24.7%------5₹22,095
Exit load for units in excess of 10% of the investment,1% will be charged for redemption within 1 year.
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HDFC Multi Cap Fund
EquityVery High19.380.87.0%19.8%------3₹17,561
Exit load of 1% if redeemed within 1 year.
SBI Multicap Fund
EquityVery High17.150.862.4%17.8%------3₹20,778
Exit load of 0.25% if redeemed within 30 days and 0.10% if redeemed after 30 days but on or before 90 days.
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Motilal Oswal Multi Cap Fund
EquityVery High12.341.0-1.5%----------₹3,496
Exit load of 1%, if redeemed within 365 days.
Groww Multicap Fund
EquityVery High11.050.5120.8%----------₹376
Exit load of 1%, if redeemed within 1 year.
Axis Multicap Fund
EquityVery High18.670.579.0%23.7%------4₹8,543
Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 365 days
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HDFC Nifty500 Multicap 50:25:25 Index Fund
EquityVery High9.760.37.2%----------₹399
-
ICICI Prudential Multicap Fund
EquityVery High916.590.9610.0%22.1%19.2%16.4%16.4%4₹14,681
Exit load of 1%, if redeemed within 1 month.
Quant Multi Cap Fund
EquityVery High673.150.744.1%14.1%15.6%20.0%18.1%1₹6,573
Exit load of 1%, if redeemed within 15 days.
HSBC Multi Cap Fund
EquityVery High19.500.6310.9%24.3%------5₹4,799
Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 1 year.
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Mirae Asset Multicap Fund
EquityVery High14.690.410.8%----------₹4,310
Exit load of 1%, if redeemed within 365 days.
Mahindra Manulife Multi Cap Fund
EquityVery High42.390.4812.6%23.1%20.4%20.6%--3₹5,660
Exit load of 1% if redeemed within 3 months.
Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund
EquityVery High9.200.3610.7%----------₹476
-
WhiteOak Capital Multi Cap Fund
EquityVery High15.640.5112.2%----------₹2,934
Exit load of 1%, if redeemed within 1 month.
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Who Should Invest in Multi Cap Mutual Funds?

A multi-cap fund can suit the below-mentioned investors:

  • It is most suitable for investors who lack the motivation to analyze and invest in particular funds.  
  • It best suits investors with a moderate risk appetite.
  • It can be useful for investors who are looking forward to diversifying their portfolios since they invest in companies with varying market caps and sectors, allowing the investor to leverage opportunities across the market.

Estimate your returns on mutual funds investment with SIP calculator. It is an easy-to-use tool that allows investors to assess probable returns on SIP.

 

Factors to Consider while Investing in Multi Cap Mutual Funds

A few factors you will have to consider before beginning to invest in top multi cap mutual Funds 2025:

  1. Investment Goals: You should be informed about your investment objectives before investing in multi-cap funds. To get the most out of your investment, you should stay invested for at least five years.
  2. Expense Ratios: You should be clear about the expenditures you will incur in the fund because they may reduce your returns. The fund houses charge an annual fee to cover the administrative and running costs of the fund.
  3. Risks: Due to the economic cycle, risks can come up from time to time with investments in multi-cap funds. Moreover, this fund does not just hold large, small or mid-cap mutual funds - it is a combination of all, which makes it open to all kinds of market changes.

Major Advantages

  • Portfolio diversification: Multi-cap funds invest in large, small, and mid-cap companies across different sectors. This diversification of the portfolio minimises the associated risk for investors. 
  • Liquidity: Investors can sell multi-cap fund units as per their requirements. It’s simple and quick. The amount will be credited to an investor’s linked bank account within a business day. 
  • Buying options: Both lump-sum and SIP investment modes are available for multi-cap funds. Investors can buy units any way it’s convenient for them. 
  • Optimum returns: Fund managers can constantly update a particular multi-cap mutual fund portfolio to maximise returns and minimise risks because of asset allocation flexibility.

Risks Involved While Investing in Multi Cap Mutual Funds

During the search for the best performing multi cap mutual funds, make sure to understand that such funds have a moderate risk-return profile.

The risk-return profile of multi-cap funds is thought to be modest. When markets are rising, they can outperform large-cap and mid-cap funds. During market rallies, they also withdraw good gains from small-cap companies.

When markets are down, however, large-cap funds can provide the cushioning needed to keep returns from being eroded and severely damaged. In the long run, they are less volatile than mid-cap funds but riskier than large-cap funds.

FAQ

Q1. Is a multi-cap fund suitable for long-term investors?

Multicap funds, like any other equity scheme, are appropriate for all long-term equity investors. Anyone aiming for capital appreciation on a 5/7/10 year or longer time horizon should explore multicap funds.

Q2. What is a better choice, mid-cap or multi-cap mutual fund?

Multi-cap funds outperform mid-cap funds in terms of diversification by investing in more stocks. However, a mid-cap fund can assist in catering to different investment goals. 

Q3. Are multi-cap mutual funds a good investment?

Due to their diverse portfolio, multi-cap funds are suitable for first-time stock investors since they keep risk under control. Since new investors might not be familiar with the risks associated with a multi-cap fund, this is the best option for them.

Q4. Who should invest in multi-cap funds?

Investors who intend to hold their investments for an extended period of time should consider investing in them. After all, in the long term, mid and small caps beat large caps, and multicaps spend at least 50% of their assets in these categories.

Q5. Is a multicap mutual fund better than Flexicap?

Multi-cap funds provide a balanced exposure to companies of various sizes, offering a mix of stability and growth. They may be suitable for investors seeking diversity across sectors and market capitalizations. Flexi Cap Funds allow for asset allocation flexibility.

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully.

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 Growth

Fund Performance: The Nippon India Multi Cap Fund has given 22.22% annualized returns in the past three years and 22.57% in the last 5 years. The Nippon India Multi Cap Fund comes under 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₹46,320Cr
1Y Returns9.2%

Kotak Multicap Fund Direct Growth

Fund Performance: The Kotak Multicap Fund comes under the Equity category of Kotak Mahindra Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in Kotak Multicap Fund via lump sum is ₹100 and via SIP is ₹100.

Min Investment Amt₹100
AUM₹22,095Cr
1Y Returns12.3%

HDFC Multi Cap Fund Direct Growth

Fund Performance: The HDFC Multi Cap Fund comes under the Equity category of HDFC Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in HDFC Multi Cap Fund via lump sum is ₹100 and via SIP is ₹100.

Min Investment Amt₹100
AUM₹17,561Cr
1Y Returns7.0%

SBI Multicap Fund Direct Growth

Fund Performance: The SBI Multicap Fund comes under the Equity category of SBI Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in SBI Multicap Fund via lump sum is ₹5,000 and via SIP is ₹500.

Min Investment Amt₹5,000
AUM₹20,778Cr
1Y Returns2.4%

Motilal Oswal Multi Cap Fund Direct Growth

Fund Performance: The Motilal Oswal Multi Cap Fund comes under the Equity category of Motilal Oswal Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in Motilal Oswal Multi Cap Fund via lump sum is ₹500 and via SIP is ₹500.

Min Investment Amt₹500
AUM₹3,496Cr
1Y Returns-1.5%

Groww Multicap Fund Direct Growth

Fund Performance: The Groww Multicap Fund comes under the Equity category of Groww Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in Groww Multicap Fund via lump sum is ₹500 and via SIP is ₹500.

Min Investment Amt₹500
AUM₹376Cr
1Y Returns20.8%

Axis Multicap Fund Direct Growth

Fund Performance: The Axis Multicap Fund comes under the Equity category of Axis Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in Axis Multicap Fund via lump sum is ₹100 and via SIP is ₹100.

Min Investment Amt₹100
AUM₹8,543Cr
1Y Returns9.0%

HDFC Nifty500 Multicap 50:25:25 Index Fund Direct Growth

Fund Performance: The HDFC Nifty500 Multicap 50:25:25 Index Fund comes under the Equity category of HDFC Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in HDFC Nifty500 Multicap 50:25:25 Index Fund via lump sum is ₹100 and via SIP is ₹100.

Min Investment Amt₹100
AUM₹399Cr
1Y Returns7.2%

ICICI Prudential Multicap Fund Direct Plan Growth

Fund Performance: The ICICI Prudential Multicap Fund has given 22.05% annualized returns in the past three years and 19.22% in the last 5 years. The ICICI Prudential Multicap Fund comes under 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₹14,681Cr
1Y Returns10.0%

Quant Multi Cap Fund Direct Growth

Fund Performance: The Quant Multi Cap Fund has given 14.06% annualized returns in the past three years and 15.55% in the last 5 years. The Quant Multi Cap Fund comes under the Equity category of Quant Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in Quant Multi Cap Fund via lump sum is ₹5,000 and via SIP is ₹1,000.

Min Investment Amt₹5,000
AUM₹6,573Cr
1Y Returns4.1%

HSBC Multi Cap Fund Direct Growth

Fund Performance: The HSBC Multi Cap Fund comes under the Equity category of HSBC Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in HSBC Multi Cap Fund via lump sum is ₹5,000 and via SIP is ₹500.

Min Investment Amt₹5,000
AUM₹4,799Cr
1Y Returns10.9%

Mirae Asset Multicap Fund Direct Growth

Fund Performance: The Mirae Asset Multicap Fund comes under the Equity category of Mirae Asset Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in Mirae Asset Multicap Fund via lump sum is ₹5,000 and via SIP is ₹99.

Min Investment Amt₹5,000
AUM₹4,310Cr
1Y Returns10.8%

Mahindra Manulife Multi Cap Fund Direct Growth

Fund Performance: The Mahindra Manulife Multi Cap Fund has given 23.09% annualized returns in the past three years and 20.36% in the last 5 years. The Mahindra Manulife Multi Cap Fund comes under the Equity category of Mahindra Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in Mahindra Manulife Multi Cap Fund via lump sum is ₹1,000 and via SIP is ₹500.

Min Investment Amt₹1,000
AUM₹5,660Cr
1Y Returns12.6%

Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund Direct Growth

Fund Performance: The Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund comes under the Equity category of Edelweiss Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund via lump sum is ₹100 and via SIP is ₹100.

Min Investment Amt₹100
AUM₹476Cr
1Y Returns10.7%

WhiteOak Capital Multi Cap Fund Direct Growth

Fund Performance: The WhiteOak Capital Multi Cap Fund comes under the Equity category of WhiteOak Capital Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in WhiteOak Capital Multi Cap Fund via lump sum is ₹500 and via SIP is ₹100.

Min Investment Amt₹500
AUM₹2,934Cr
1Y Returns12.2%

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