Multi-cap mutual fund schemes have been a favorite of mutual fund advisers for long. Many mutual fund experts believe that a regular investor need not look beyond amulti-capp scheme for his or her investment needs, as these schemes invest across market capitalization and sectors.
Multi-cap funds offer the fund manager the freedom to invest across large-cap, mid-cap and small-cap stocks.
A multi cap mutual fund scheme is meant for investors with a moderate risk appetite.
Since the scheme also invests in mid or small cap stocks, it is riskier than large cap schemes that invest predominantly in very large companies.
However, because of the exposure to mid and small cap stocks, multi-cap schemes are comparatively riskier and can also offer higher returns. Lets look into the top multi cap fund to invest in 2018.
Multi Cap Equity funds are type of mutual funds that commonly known for investing across different segments of companies categorized into small, mid and large caps. Small size companies fall under small cap whereas other go for medium or large cap companies depending on the amount of value they have in stock markets.
Equity Multi Cap funds are also known as diversified funds and are suitable for first-time investors. Equity Multi Cap funds are relatively less risky compared to a pure mid cap or small cap funds as the risk is distributed well over all the market.
It has returns that are taxed at 15% if sold before one year, post this period a 10% tax is applicable on the gains.
Purpose: If you are new-bee in investment realm, try out this fund to get a good returns with an average risk.
| Fund Name | Category | Risk | 1Y Returns | Rating | Fund Size(in Cr) | |
|---|---|---|---|---|---|---|
| Mirae Asset India Equity Fund | Equity | Moderately High | 2.9% | 5star | ₹9,033 | |
| ICICI Prudential Multicap Fund | Equity | Moderately High | 5.3% | 5star | ₹2,920 | |
| Kotak Standard Multi Cap Fund | Equity | Moderately High | 1.4% | 4star | ₹20,100 | |
| Parag Parikh Long Term Equity Fund | Equity | Moderately High | 3.1% | 4star | ₹1,334 | |
| SBI Magnum Multi Cap Fund | Equity | Moderately High | -2.2% | 4star | ₹4,086 | |
| UTI Equity Fund | Equity | Moderately High | 5.9% | 4star | ₹7,970 | |
| Aditya Birla Sun Life Equity Fund | Equity | Moderately High | -0.3% | 4star | ₹9,519 | |
| Principal Growth Fund | Equity | Moderately High | -4.5% | 4star | ₹798 | |
| Axis Multicap Fund | Equity | Moderately High | N.A | 4star | ₹2,812 | |
| HSBC India Opportunities Fund | Equity | Moderately High | -4.5% | 3star | ₹539 | |
| HDFC Equity Fund | Equity | Moderately High | -1.0% | 3star | ₹20,133 | |
| Motilal Oswal Multicap 35 Fund | Equity | Moderately High | -3.1% | 3star | ₹12,236 | |
| Franklin India Prima Plus | Equity | Moderately High | -1.3% | 3star | ₹10,956 | |
| Aditya Birla Sun Life Special Situations Fund | Equity | High | 16.6% | 3star | ₹179 | |
| Invesco India Multi Cap Fund | Equity | Moderately High | -6.2% | 3star | ₹665 | |
| View All Top 10 Multi Cap Mutual Funds |
Now let us jump and check about these top 10 mutual fund schemes.
Fund Performance: This fund has consistently beaten its benchmark in Multi Cap segment and provided 15.56% annualized returns in the last 3 years. In the last 1 year, it gave 2.87% returns.
Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 2.87% returns in the last 1 year. Groww rated this fund as 5 Star. This is one of the best Equity mutual fund in India.
Fund Manager: Neelesh Surana, Harshad Borawake
| Launch Date | 31 Dec 2012 |
|---|---|
| Min Investment Amt | ₹5,000 |
| Groww Rating | 5star |
| AUM | ₹9,033Cr |
| 1Y Returns | 2.9% |
Fund Performance: This fund has consistently beaten its benchmark in Multi Cap segment and provided 12.97% annualized returns in the last 3 years. In the last 1 year, it gave 5.26% returns.
Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 5.26% returns in the last 1 year. Groww rated this fund as 5 Star. This is one of the best Equity mutual fund in India.
Fund Manager: Atul Patel, George Heber Joseph
| Launch Date | 31 Dec 2012 |
|---|---|
| Min Investment Amt | ₹5,000 |
| Groww Rating | 5star |
| AUM | ₹2,920Cr |
| 1Y Returns | 5.3% |
Fund Performance: This fund has consistently beaten its benchmark in Multi Cap segment and provided 14.27% annualized returns in the last 3 years. In the last 1 year, it gave 1.39% returns.
Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 1.39% returns in the last 1 year. Groww rated this fund as 4 Star. This is one of the best Equity mutual fund in India.
Fund Manager: Harsha Upadhyaya
| Launch Date | 31 Dec 2012 |
|---|---|
| Min Investment Amt | ₹5,000 |
| Groww Rating | 4star |
| AUM | ₹20,100Cr |
| 1Y Returns | 1.4% |
Fund Performance: This fund has consistently beaten its benchmark in Multi Cap segment and provided 11.69% annualized returns in the last 3 years. In the last 1 year, it gave 3.14% returns.
Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 3.14% returns in the last 1 year. Groww rated this fund as 4 Star. This is one of the best Equity mutual fund in India.
Fund Manager: Raunak Onkar, Rajeev Thakkar, Raj Mehta
| Launch Date | 23 May 2013 |
|---|---|
| Min Investment Amt | ₹1,000 |
| Groww Rating | 4star |
| AUM | ₹1,334Cr |
| 1Y Returns | 3.1% |
Fund Performance: This fund has consistently beaten its benchmark in Multi Cap segment and provided 12.96% annualized returns in the last 3 years. In the last 1 year, it gave -2.21% returns.
Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -2.21% returns in the last 1 year. Groww rated this fund as 4 Star. This is one of the best Equity mutual fund in India.
Fund Manager: Anup Upadhyay
| Launch Date | 3 Jan 2013 |
|---|---|
| Min Investment Amt | ₹1,000 |
| Groww Rating | 4star |
| AUM | ₹4,086Cr |
| 1Y Returns | -2.2% |
Fund Performance: This fund has consistently beaten its benchmark in Multi Cap segment and provided 10.64% annualized returns in the last 3 years. In the last 1 year, it gave 5.89% returns.
Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 5.89% returns in the last 1 year. Groww rated this fund as 4 Star. This is one of the best Equity mutual fund in India.
Fund Manager: Ajay Tyagi
| Launch Date | 31 Dec 2012 |
|---|---|
| Min Investment Amt | ₹5,000 |
| Groww Rating | 4star |
| AUM | ₹7,970Cr |
| 1Y Returns | 5.9% |
Fund Performance: This fund has consistently beaten its benchmark in Multi Cap segment and provided 14.83% annualized returns in the last 3 years. In the last 1 year, it gave -0.25% returns.
Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -0.25% returns in the last 1 year. Groww rated this fund as 4 Star. This is one of the best Equity mutual fund in India.
Fund Manager: Anil Shah
| Launch Date | 31 Dec 2012 |
|---|---|
| Min Investment Amt | ₹500 |
| Groww Rating | 4star |
| AUM | ₹9,519Cr |
| 1Y Returns | -0.3% |
Fund Performance: This fund has consistently beaten its benchmark in Multi Cap segment and provided 14.61% annualized returns in the last 3 years. In the last 1 year, it gave -4.46% returns.
Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -4.46% returns in the last 1 year. Groww rated this fund as 4 Star. This is one of the best Equity mutual fund in India.
Fund Manager: P V K Mohan
| Launch Date | 31 Dec 2012 |
|---|---|
| Min Investment Amt | ₹5,000 |
| Groww Rating | 4star |
| AUM | ₹798Cr |
| 1Y Returns | -4.5% |
Fund Performance: This fund has consistently beaten its benchmark in Multi Cap segment and provided -100% annualized returns in the last 3 years. In the last 1 year, it gave -100% returns.
Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -100% returns in the last 1 year. Groww rated this fund as 4 Star. This is one of the best Equity mutual fund in India.
Fund Manager: Jinesh Gopani, Shreyash Devalkar
| Launch Date | 12 Nov 2017 |
|---|---|
| Min Investment Amt | ₹5,000 |
| Groww Rating | 4star |
| AUM | ₹2,812Cr |
| 1Y Returns | -100.0% |
Fund Performance: This fund has consistently beaten its benchmark in Multi Cap segment and provided 11.42% annualized returns in the last 3 years. In the last 1 year, it gave -4.48% returns.
Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -4.48% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Equity mutual fund in India.
Fund Manager: Neelotpal Sahai
| Launch Date | 31 Dec 2012 |
|---|---|
| Min Investment Amt | ₹10,000 |
| Groww Rating | 3star |
| AUM | ₹539Cr |
| 1Y Returns | -4.5% |
Fund Performance: This fund has consistently beaten its benchmark in Multi Cap segment and provided 12.67% annualized returns in the last 3 years. In the last 1 year, it gave -1.04% returns.
Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -1.04% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Equity mutual fund in India.
Fund Manager: Prashant Jain
| Launch Date | 31 Dec 2012 |
|---|---|
| Min Investment Amt | ₹5,000 |
| Groww Rating | 3star |
| AUM | ₹20,133Cr |
| 1Y Returns | -1.0% |
Fund Performance: This fund has consistently beaten its benchmark in Multi Cap segment and provided 13.81% annualized returns in the last 3 years. In the last 1 year, it gave -3.11% returns.
Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -3.11% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Equity mutual fund in India.
Fund Manager: Abhiroop Mukherjee, Gautam Sinha Roy, Siddharth Bothra, Swapnil P Mayekar
| Launch Date | 27 Apr 2014 |
|---|---|
| Min Investment Amt | ₹5,000 |
| Groww Rating | 3star |
| AUM | ₹12,236Cr |
| 1Y Returns | -3.1% |
Fund Performance: This fund has consistently beaten its benchmark in Multi Cap segment and provided 10.43% annualized returns in the last 3 years. In the last 1 year, it gave -1.3% returns.
Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -1.3% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Equity mutual fund in India.
Fund Manager: Anand Radhakrishnan, R Janakiraman, Srikesh Nair
| Launch Date | 31 Dec 2012 |
|---|---|
| Min Investment Amt | ₹5,000 |
| Groww Rating | 3star |
| AUM | ₹10,956Cr |
| 1Y Returns | -1.3% |
Fund Performance: This fund has consistently beaten its benchmark in Multi Cap segment and provided 15% annualized returns in the last 3 years. In the last 1 year, it gave 16.59% returns.
Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 16.59% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Equity mutual fund in India.
Fund Manager: Satyabrata Mohanty
| Launch Date | 31 Dec 2012 |
|---|---|
| Min Investment Amt | ₹1,000 |
| Groww Rating | 3star |
| AUM | ₹179Cr |
| 1Y Returns | 16.6% |
Fund Performance: This fund has consistently beaten its benchmark in Multi Cap segment and provided 11.38% annualized returns in the last 3 years. In the last 1 year, it gave -6.16% returns.
Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -6.16% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Equity mutual fund in India.
Fund Manager: Vinay Paharia
| Launch Date | 31 Dec 2012 |
|---|---|
| Min Investment Amt | ₹5,000 |
| Groww Rating | 3star |
| AUM | ₹665Cr |
| 1Y Returns | -6.2% |
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Multi Cap funds are funds which invest a major component of investor’s money in all sizes of companies - large, small and mid. These funds have an objective of seeking capital appreciation through investment in high growth stocks. Investing in Multi Cap funds gives investors a chance of earning very high returns which usually range between 15-20% and it is not uncommon for them to go as high as 25% and even 30% in some cases in the long term but the tenure of investment also needs to be considerably large to avoid any losses in short term due to normal fluctuations and movements in business cycles. Multi Cap funds are suitable for investors who are willing to take average amount of risk with their capital, have longer time horizon for their investments and are looking for higher returns compared to bluechip companies. Yes, you can definitely invest in Multi Cap funds if your investment criteria matches with the above stated objectives and you already have investments in other large and mid cap funds or in other asset classes like fixed deposits, gold, real estate etc. Also it is advisable to invest through SIP route as you will be able to derive the benefits of rupee cost averaging, your investment will not be skewed towards one side in the economic cycle and you can invest a part of your income every month without feeling any financial burden.
One of the best ways to hedge against the small-cap volatility is to adopt a phased approach, also known as Systematic Investment Plan (SIP) approach. We are sure that you must be aware of SIP and its benefits. Buying in small quantity but buying regularly provides you with faster growth. On Groww.in, all transactions to and from AMC is done via BSE. When you decide to invest in a large cap mutual fund of your choice, you choose that mutual fund on the website and click ‘invest’. Following that, you are redirected to the BSE page where you make the payment. BSE then directs your money to the AMC managing your mutual fund. To be assured at your end, you can visit the individual AMC website after the payment. You would be able to see all your purchased units against your folio number.
It is not possible for any investor to start investing in mutual funds without having completed the KYC process. Under the Prevention of Money Laundering Act (PMLA), Know Your Customer (KYC) norms have been mandated to track the legality of funds used in an investment. KYC is a one-time process which every first-time mutual fund investor needs to follow, to be able to invest in a mutual fund. KYC process on Groww can be completed in 2-3 days. KYC can be completed online with the help of E-KYC or electronic KYC. E-KYC Aadhar (based on OTP) : Investor can use online KYC facility using just the aadhar card number and PAN number, by visiting the website and following the easy process. After entering relevant details like aadhar and PAN number, investor will receive an OTP and KYC will be completed instantly. However, one can invest only up to ₹50,000 per fund house per year under this method.
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