Best Multi Cap Mutual Funds
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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List of Multi Cap Mutual Funds in India
| Fund Name | Category | Risk | 1Y Returns | Rating | Fund Size(in Cr) | |
|---|---|---|---|---|---|---|
| Baroda BNP Paribas Multi Cap Fund | Equity | Very High | 16.4% | 5 | ₹1,754 | |
| SBI Multicap Fund | Equity | Moderately High | N.A | 5 | ₹9,619 | |
| Mahindra Manulife Multi Cap Badhat Yojana Fund | Equity | Very High | 19.7% | 4 | ₹1,151 | |
| Sundaram Multi Cap Fund | Equity | Very High | 14.9% | 3 | ₹1,795 | |
| BNP Paribas Multi Cap Fund | Equity | Very High | 20.5% | 0 | ₹562 | |
| Invesco India Multicap Fund | Equity | Very High | 10.1% | 0 | ₹1,859 | |
| ICICI Prudential Multicap Fund | Equity | Very High | 11.7% | 0 | ₹6,567 | |
| ITI Multi Cap Fund | Equity | Moderately High | -5.6% | 0 | ₹365 | |
| Aditya Birla Sun Life Multi-Cap Fund | Equity | Very High | 14.3% | 0 | ₹3,482 | |
| Quant Active Fund | Equity | Very High | 15.9% | ₹2,300 | ||
| Nippon India Multi Cap Fund | Equity | Very High | 23.3% | ₹12,105 | ||
| UTI Focussed Equity Fund | Equity | Very High | 63.0% | ₹410 | ||
| UTI Focussed Equity Fund | Equity | Moderately High | 14.0% | ₹100 | ||
| Sundaram Equity Fund | Equity | Very High | 41.4% | ₹828 | ||
| IDFC Multi Cap Fund | Equity | Very High | N.A | ₹927 | ||
| View All |
Features of Multi-Cap Funds
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.
Taxability
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.
Who Are These Funds Suited For?
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.
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.
Let's have a closer look
Now let us jump and check about these top 10 mutual fund schemes.
Baroda BNP Paribas Multi Cap Fund Direct Growth
Fund Performance: The Baroda BNP Paribas Multi Cap Fund has given 18.8% annualized returns in the past three years and 11.61% 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 | ₹1,754Cr |
| 1Y Returns | 16.4% |
SBI Multicap Fund Direct Growth
Fund Performance: The SBI Multicap Fund belongs to 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 | ₹9,619Cr |
| 1Y Returns | NA |
Mahindra Manulife Multi Cap Badhat Yojana Direct Growth
Fund Performance: 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 | ₹1,151Cr |
| 1Y Returns | 19.7% |
Sundaram Multi Cap Fund Direct Growth
Fund Performance: The Sundaram Multi Cap Fund has given 15.71% annualized returns in the past three years and 11.08% 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 | ₹1,795Cr |
| 1Y Returns | 14.9% |
BNP Paribas Multi Cap Fund Direct Growth
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% |
Invesco India Multicap Fund Direct Growth
Fund Performance: The Invesco India Multicap Fund has given 17.79% annualized returns in the past three years and 11.02% 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 | ₹1,859Cr |
| 1Y Returns | 10.1% |
ICICI Prudential Multicap Fund Direct Plan Growth
Fund Performance: The ICICI Prudential Multicap Fund has given 13.95% annualized returns in the past three years and 10.71% 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 | ₹6,567Cr |
| 1Y Returns | 11.7% |
ITI Multi Cap Fund Direct Growth
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 | ₹365Cr |
| 1Y Returns | -5.6% |
Aditya Birla Sun Life Multi Cap Fund Direct Growth
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 | ₹3,482Cr |
| 1Y Returns | 14.3% |
Quant Active Fund Direct Growth
Fund Performance: The Quant Active Fund has given 33.06% annualized returns in the past three years and 21.68% 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 | ₹2,300Cr |
| 1Y Returns | 15.9% |
Nippon India Multi Cap Fund Direct Growth
Fund Performance: The Nippon India Multi Cap Fund has given 14.83% annualized returns in the past three years and 11.46% 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 | ₹12,105Cr |
| 1Y Returns | 23.3% |
UTI Focussed Equity Fund Series VI (1150 Days) Direct Growth
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% |
UTI Focussed Equity Fund Series I (2195 Days) Direct Growth
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% |
Sundaram Equity Fund Direct Growth
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% |
IDFC Multi Cap Fund Direct Growth
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 | ₹927Cr |
| 1Y Returns | NA |
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