Top Multi Cap Mutual Funds in India
Looking to invest in diversified mutual funds? Explore the top Multi Cap Funds in India with detailed insights on returns, fund size, and performance comparison to make an informed investment decision.
Mutual funds have become one of the most preferred investment options for investors looking to balance risk and returns. Among various categories, Multi Cap Funds hold a special place because of their diversified exposure across large-cap, mid-cap, and small-cap stocks.
This diversification allows investors to benefit from market stability while also participating in growth opportunities. Let’s take a closer look at some of the top-performing Multi Cap Funds in India, as seen in the recent data.
#1. Nippon India Multi Cap Fund
- AUM: ₹47,294.47 Cr
- 5-Year Returns: 30.20%
- Category Rating: ★★★★★
Nippon India Multi Cap Fund stands out as the top performer in this category. With an impressive 5-year annualized return of 30.20%, this fund has significantly outperformed many of its peers. The large asset base reflects strong investor confidence. The fund follows a disciplined approach, investing across all market caps, ensuring long-term wealth creation.
#2. Mahindra Manulife Multi Cap Fund
- AUM: ₹5,719.59 Cr
- 5-Year Returns: 25.14%
- Category Rating: ★★☆☆☆
Mahindra Manulife Multi Cap Fund offers solid returns of 25.14% over 5 years. It maintains a well-balanced allocation between large, mid, and small-cap segments, making it suitable for investors with moderate risk appetite. The fund’s consistent performance makes it an attractive option for long-term investors.
#3. ICICI Prudential Multicap Fund
- AUM: ₹15,442.73 Cr
- 5-Year Returns: 24.37%
- Category Rating: ★★★★☆
ICICI Prudential is one of the most trusted names in the mutual fund industry. Its Multicap Fund has generated 24.37% returns over the past five years. The fund’s diversified portfolio and professional management provide investors with both stability and growth potential.
#4. Baroda BNP Paribas Multi Cap Fund
- AUM: ₹2,956.02 Cr
- 5-Year Returns: 23.19%
- Category Rating: ★★★☆☆
With 23.19% returns over five years, the Baroda BNP Paribas Multi Cap Fund has shown steady performance. It emphasizes disciplined stock selection and maintains a balanced approach across sectors. The relatively smaller AUM gives it flexibility to make tactical allocations.
#5. Quant Multi Cap Fund
- AUM: ₹9,239.90 Cr
- 5-Year Returns: 22.86%
- Category Rating: ★☆☆☆☆
Quant Mutual Fund has gained popularity in recent years for its data-driven and tactical investment strategies. The Quant Multi Cap Fund has returned 22.86% over 5 years. While its returns are slightly lower than top performers, the fund’s dynamic approach to portfolio rebalancing makes it unique.
#6. Invesco India Multicap Fund
- AUM: ₹4,083.62 Cr
- 5-Year Returns: 22.09%
- Category Rating: ★★★☆☆
The Invesco India Multicap Fund provides a well-rounded investment option for investors seeking diversification. With 22.09% 5-year returns, it offers a healthy balance between risk and performance. The fund’s experienced management team focuses on long-term fundamentals.
#7. Sundaram Multi Cap Fund
- AUM: ₹2,828.73 Cr
- 5-Year Returns: 21.95%
- Category Rating: ★★☆☆☆
Sundaram Multi Cap Fund is known for its conservative yet consistent investment approach. The fund has provided 21.95% returns over 5 years, making it a stable choice for risk-averse investors seeking steady capital appreciation.
👉Key Takeaways
- Top Performer: Nippon India Multi Cap Fund with 30.20% 5-year returns.
- Strong Contenders: Mahindra Manulife and ICICI Prudential offer returns above 24%.
- Diversification Advantage: All funds maintain exposure across large, mid, and small-cap stocks, reducing volatility and improving consistency.
- Investment Tip: Investors should evaluate their risk profile, investment horizon, and financial goals before selecting any Multi Cap Fund.
Performance Comparison (5-Year Returns)
| Fund Name | AUM (Cr.) | 5-Year Returns (%) | Category Rating |
|---|---|---|---|
| Nippon India Multi Cap Fund | ₹47,294.47 | 30.20% | ★★★★★ |
| Mahindra Manulife Multi Cap Fund | ₹5,719.59 | 25.14% | ★★☆☆☆ |
| ICICI Prudential Multicap Fund | ₹15,442.73 | 24.37% | ★★★★☆ |
| Baroda BNP Paribas Multi Cap Fund | ₹2,956.02 | 23.19% | ★★★☆☆ |
| Quant Multi Cap Fund | ₹9,239.90 | 22.86% | ★☆☆☆☆ |
| Invesco India Multicap Fund | ₹4,083.62 | 22.09% | ★★★☆☆ |
| Sundaram Multi Cap Fund | ₹2,828.73 | 21.95% | ★★☆☆☆ |
Conclusion
Multi Cap Funds are ideal for investors who want a single investment option that captures opportunities across the entire stock market spectrum. Based on performance, Nippon India Multi Cap Fund leads the pack with stellar long-term returns, while ICICI Prudential and Mahindra Manulife offer dependable alternatives.
As always, investors should consult with a financial advisor before investing, as past performance is not indicative of future results.
Frequently Asked Questions about Multi Cap Mutual Funds
What is a multi-cap mutual fund?
Explain what “multi-cap” means, how it invests across large-cap, mid-cap and small-cap stocks.
How is a multi-cap fund different from a flexi-cap or large-cap fund?
Clarify the differences in mandate, risk profile, flexibility across market-caps.
Why should an investor consider multi-cap funds?
Advantages such as diversification across market caps, capturing growth and stability, mentioned in several sources.
What are the risks associated with multi-cap funds?
Address risk factors like market volatility, small/mid-cap exposure, changing allocations etc.
What criteria were used to select the funds listed on this page?
Provide clarity on how you chose the funds (5-year returns, AUM, rating, etc.). (This is specific to your site.)
What has been the 5-year return performance of the funds listed?
Summarise for the listed funds (for example: Nippon India Multi Cap Fund — 30.20%, etc.)
What does AUM (Assets Under Management) indicate and why is it important?
Explain what AUM means and why a larger AUM might matter (liquidity, fund size management).
How often should I review my investment in a multi-cap fund?
Guidance on investor review intervals (e.g., annually, on major life/market change) although this is more advisory.
What is the tax treatment for multi-cap mutual funds?
Provide a summary of tax rules (STCG vs LTCG, etc.) as applicable in India.
Can multi-cap funds be used for SIP investments?
Explain how SIP (Systematic Investment Plan) works in context of multi-cap funds, and benefits of long-term investing.
Is past performance a guarantee of future returns?
Highlight that past performance does not guarantee future results, referencing standard disclaimers.
How should I choose between the different funds listed here?
Provide factors to compare: expense ratio, fund manager, investment style, risk profile, etc.
What minimum investment / SIP amount should I consider for these funds?
Though specifics may vary, give general guidance or point to scheme documents for exact minimums.
How do I access the scheme document or Key Info Memorandum (KIM)?
Explain where investors can find the official documents for each fund (AMC website, SEBI site etc.).
When should I consider switching out of a multi-cap fund?
Give scenarios such as change in fund mandate, poor consistent performance, change in risk profile, etc.
Disclaimer
This article is for educational and informational purposes only. It does not constitute any investment advice or recommendation to buy or sell any mutual fund or financial product. Mutual fund investments are subject to market risks. Please read all scheme-related documents carefully before investing and consult your financial advisor to determine what’s best suited for your investment goals and risk profile.