What are multi-cap mutual funds?
Multi-cap mutual funds are equity-based mutual funds that invest in varying proportions in stocks of different companies. Instead of sticking to a particular market capitalization, multi-cap funds invest in large cap, mid-cap, and small-cap stocks in their portfolio. Since the investment is highly diversified across all markets, multi-cap funds are less risky and popular among investors with medium risk appetite.
Since the stocks are from different market capitalizations, a fund manager can easily switch holdings in the fund between large-cap, mid, and small-cap stocks as he/she deems fit, based on market movements.
Multi-cap funds are excellent for beginners who are unaware of the stock market and different capital markets.
Here are a few things to consider as an investor:
| Type | Open Ended Fund |
| Investment Objective | To achieve long term capital appreciation by primarily investing in a maximum of 35 equity & equity related instruments across sectors and market-capitalization levels |
| AUM (Rs. Crores) | 13062.21 |
| Benchmark | Nifty 500 TRI |
| Risk | High |
| Fund Manager | Snigdha Sharma, Herin Visaria, Abhiroop Mukherjee, Akash Singhania, Gautam Sinha Roy |
| Return Rate 1 Yr (%) | 16.56% |
| Return Rate 3 Yrs (%) | 9.31% |
| Return Rate 5 Yrs (%) | 11.66% |
| Type | Open Ended Fund |
| Investment Objective | To generate long term capital appreciation from a portfolio of equity and equity related securities, generally focused on a few selected sectors. |
| AUM (Rs. Crores) | 30546.45 |
| Benchmark | Nifty 50 |
| Risk | High |
| Fund Manager | Harsha Upadhyaya |
| Return Rate 1 Yr (%) | 19.97% |
| Return Rate 3 Yrs (%) | 12.56% |
| Return Rate 5 Yrs (%) | 11.34% |
| Type | Open Ended Fund |
| Investment Objective | To provide investors with opportunities for long-term growth in capital along with the liquidity of an open-ended scheme through an active management of investments in a diversified basket of equity stocks spanning the entire market capitalization spectrum and in debt and money market instruments. |
| AUM (Rs. Crores) | 8760.49 |
| Benchmark | S&P BSE 500 |
| Risk | High |
| Fund Manager | Anup Upadhyay |
| Return Rate 1 Yr (%) | 17.93% |
| Return Rate 3 Yrs (%) | 10.00% |
| Return Rate 5 Yrs (%) | 10.02% |
| Type | Open Ended Fund |
| Investment Objective | To generate capital appreciation through investments in equity & equity related instruments across large cap, mid cap and small cap stocks of various industries. |
| AUM (Rs. Crores) | 5197.29 |
| Benchmark | S&P BSE 500 TRI |
| Risk | High |
| Fund Manager | Sankaran Naren, Atul Patel |
| Return Rate 1 Yr (%) | 12.08% |
| Return Rate 3 Yrs (%) | 8.79% |
| Return Rate 5 Yrs (%) | 8.99% |
| Type | Opne Ended Fund |
| Investment Objective | To generate income and capital appreciation from a diversified portfolio predominantly investing in Indian equities and equity related securities of companies which are not part of the top 100 stocks by market capitalization and have market capitalization of at least Rs.100 Crores at the time of investment. |
| AUM (Rs. Crores) | 9805.69 |
| Benchmark | Nifty 50 |
| Risk | High |
| Fund Manager | Neelesh Surana, Ankit Jain |
| Return Rate 1 Yr (%) | 23.37% |
| Return Rate 3 Yrs (%) | 13.72% |
| Return Rate 5 Yrs (%) | 15.10% |
If you are a first-time investor with minimum risk appetite, it is advisable to invest in a multi-cap fund as the fund captures all markets and is highly diversified.
