SWITCH TO DIRECTHELPMUTUAL FUNDS
0% COMMISSION ON GROWW
Home>Mutual Funds>Category>Best Multi Cap Mutual Funds

Best Multi Cap Mutual Funds

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 2024 for a brief overview here.

Why invest with Groww?

— Registered with SEBI, AMFI & BSE

— Paperless sign up on web & app

— Expert recommendations

— ZERO fees !

Sign Up

List of Multi Cap Mutual Funds in India

Fund NameCategoryRisk1Y ReturnsRatingFund Size(in Cr)
Baroda BNP Paribas Multi Cap Fund
EquityVery High42.0%4₹2,423
BNP Paribas Multi Cap Fund
EquityVery High20.5%--₹561
Nippon India Multi Cap Fund
EquityVery High48.2%--₹30,500
Mahindra Manulife Multi Cap Fund
EquityVery High46.5%--₹3,478
Quant Active Fund
EquityVery High48.7%--₹9,790
ICICI Prudential Multicap Fund
EquityVery High44.5%--₹11,881
Sundaram Multi Cap Fund
EquityVery High37.9%--₹2,497
Invesco India Multicap Fund
EquityVery High39.9%--₹3,345
Aditya Birla Sun Life Multi-Cap Fund
EquityVery High35.1%--₹5,461
ITI Multi Cap Fund
EquityModerately High51.4%--₹1,122
Tata Multicap Fund
EquityVery High28.3%--₹2,933
UTI Focussed Equity Fund
EquityVery High63.0%--₹410
UTI Focussed Equity Fund
EquityModerately High14.0%--₹100
Sundaram Equity Fund
EquityVery High41.4%--₹828
Mirae Asset Multicap Fund
EquityVery HighNA--₹2,683
View All

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 2024:

  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.

Baroda BNP Paribas Multi Cap Fund Direct Growth

Fund Performance: The Baroda BNP Paribas Multi Cap Fund has given 23.9% annualized returns in the past three years and 22.47% in the last 5 years. The Baroda BNP Paribas Multi Cap Fund comes under the Equity category of Baroda BNP Paribas 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₹2,423Cr
1Y Returns42.0%

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 comes under 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₹561Cr
1Y Returns20.5%

Nippon India Multi Cap Fund Direct Growth

Fund Performance: The Nippon India Multi Cap Fund has given 31.73% annualized returns in the past three years and 23.27% 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₹30,500Cr
1Y Returns48.2%

Mahindra Manulife Multi Cap Fund Direct Growth

Fund Performance: The Mahindra Manulife Multi Cap Fund has given 24.97% annualized returns in the past three years and 26.04% 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₹3,478Cr
1Y Returns46.5%

Quant Active Fund Direct Growth

Fund Performance: The Quant Active Fund has given 24.54% annualized returns in the past three years and 31.9% in the last 5 years. The Quant Active Fund comes under 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₹9,790Cr
1Y Returns48.7%

ICICI Prudential Multicap Fund Direct Plan Growth

Fund Performance: The ICICI Prudential Multicap Fund has given 24.44% annualized returns in the past three years and 20.69% 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₹11,881Cr
1Y Returns44.5%

Sundaram Multi Cap Fund Direct Growth

Fund Performance: The Sundaram Multi Cap Fund has given 21.84% annualized returns in the past three years and 19.68% in the last 5 years. The Sundaram Multi Cap Fund comes under 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 ₹100 and via SIP is ₹100.

Min Investment Amt₹100
AUM₹2,497Cr
1Y Returns37.9%

Invesco India Multicap Fund Direct Growth

Fund Performance: The Invesco India Multicap Fund has given 21.82% annualized returns in the past three years and 21.72% in the last 5 years. The Invesco India Multicap Fund comes under 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₹3,345Cr
1Y Returns39.9%

Aditya Birla Sun Life Multi Cap Fund Direct Growth

Fund Performance: The Aditya Birla Sun Life Multi-Cap Fund comes under 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 ₹100.

Min Investment Amt₹500
AUM₹5,461Cr
1Y Returns35.1%

ITI Multi Cap Fund Direct Growth

Fund Performance: The ITI Multi Cap Fund comes under 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₹1,122Cr
1Y Returns51.4%

Tata Multicap Fund Direct Growth

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

Minimum Investment Amount: The minimum amount required to invest in Tata Multicap Fund via lump sum is ₹5,000 and via SIP is ₹150.

Min Investment Amt₹5,000
AUM₹2,933Cr
1Y Returns28.3%

UTI Focussed Equity Fund Series VI (1150 Days) Direct Growth

Fund Performance: The UTI Focussed Equity Fund comes under 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 Returns63.0%

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 comes under 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 Returns14.0%

Sundaram Equity Fund Direct Growth

Fund Performance: The Sundaram Equity Fund comes under 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 Returns41.4%

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 ₹500.

Min Investment Amt₹5,000
AUM₹2,683Cr
1Y ReturnsNA

Explore all Mutual Funds on Groww

Explore Mutual Funds
ⓒ 2016-2024 Groww. All rights reserved, Built with in India
MOST POPULAR ON GROWWVERSION - 4.9.4
STOCK MARKET INDICES:  S&P BSE SENSEX |  S&P BSE 100 |  NIFTY 100 |  NIFTY 50 |  NIFTY MIDCAP 100 |  NIFTY BANK |  NIFTY NEXT 50
MUTUAL FUNDS COMPANIES:  GROWWMF |  SBI |  AXIS |  HDFC |  UTI |  NIPPON INDIA |  ICICI PRUDENTIAL |  TATA |  KOTAK |  DSP |  CANARA ROBECO |  SUNDARAM |  MIRAE ASSET |  IDFC |  FRANKLIN TEMPLETON |  PPFAS |  MOTILAL OSWAL |  INVESCO |  EDELWEISS |  ADITYA BIRLA SUN LIFE |  LIC |  HSBC |  NAVI |  QUANTUM |  UNION |  ITI |  MAHINDRA MANULIFE |  360 ONE |  BOI |  TAURUS |  JM FINANCIAL |  PGIM |  SHRIRAM |  BARODA BNP PARIBAS |  QUANT |  WHITEOAK CAPITAL |  TRUST |  SAMCO |  NJ