Top 10 multi cap mutual funds with highest SIP returns in 1 year: Know how Rs 13,333 monthly investment in each scheme has grown investor wealth
Top 10 multi cap mutual funds with highest SIP returns in 1 year: Multi cap mutual funds need to have at least 25 per cent stocks of large, mid, and small caps. This makes a good combination for mutual fund investors who are seeking a sizeable participation of all 3 caps in one fund.
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Top 10 multi cap mutual funds with highest SIP returns in 1 year: Mutual funds are most likely large, mid, or small cap-heavy. So, based on their return expectations, mutual fund investors pick either of the caps. But the multi cap mutual fund is a category where they can invest in all 3 caps in a sizeable proportion in one go.
Multi cap mutual funds need to have at least 25 per cent of their investments in large, mid, and small cap stocks each.
The category needs to have at least 75 per cent of their investments in equity or equity-related instruments, as per instruction by Securities Exchange Board of India (Sebi).
Here, we take you through the top 10 multi cap mutual funds with best annualised SIP returns in 1 year. Know how a Rs 13,333 monthly SIP investment in each of them has performed in the 1-year period.
LIC MF Multi Cap Fund Direct - Growth
The fund has given 27.80 per cent annualised SIP return in 1 year.
It has assets under management (AUM) of Rs 1,417 crore, while its net asset value (NAV) is Rs 17.91.
Benchmarked against Nifty 500 Multicap 50:25:25 TRI, the fund has given 30.43 per cent annualised return since its launch in October 2022.
At an expense ratio of 0.45 per cent, the fund has Rs 1,000 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 13,333 monthly SIP investment in the 1-year time frame, or a total investment of Rs 1,59,996, has swelled to Rs 1,86,258.9.
Axis Multicap Fund Direct-Growth
The fund has given 22.68 per cent annualised SIP return in the 1-year period.
It has AUM of Rs 6,807 crore, while its NAV is Rs 18.66.
Benchmarked against Nifty 500 Multicap 50:25:25 TRI, the fund has given 28.98 per cent annualised return since its inception in November 2021.
At an expense ratio of 0.69 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 1,000 as the minimum lump sum investment.
A Rs 13,333 monthly SIP investment in 1 year has converted into Rs 1,84,653.61.
Invesco India Multicap Fund Direct-Growth
The fund has given 25.79 per cent annualised SIP return in the 1-year time frame.
It has an asset base of Rs 3,984 crore, while its unit price is Rs 160.28.
Benchmarked against Nifty 500 Multicap 50:25:25 TRI, the fund has given 20 per cent annualised return since its debut in January 2013.
With an expense ratio of 0.66 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 13,333 monthly SIP investment in the 1-year period has jumped to Rs 1,84,206.48.
WhiteOak Capital Multi Cap Fund Direct - Growth
The fund has given 25.23 per cent annualised SIP return in 1 year.
It has a fund size of Rs 1,398 crore, while its NAV is Rs 14.95.
Benchmarked against Nifty 500 Multicap 50:25:25 TRI, the fund has given 36.36 per cent annualised return since its starting in December 2019.
At an expense ratio of 0.46 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 1,000 as the minimum lump sum investment.
A Rs 13,333 monthly SIP investment in the 1-year time frame has sprung to Rs 1,83,639.15.
SBI Multicap Fund Direct - Growth
The fund has given 20.31 per cent annualised SIP return in the 1-year period.
It has an asset base of Rs 18,941 crore, while its unit price is Rs 16.97.
Benchmarked against Nifty 500 Multicap 50:25:25 TRI, the fund has given 19.85 per cent annualised return since its beginning in February 2022.
With an expense ratio of 0.87 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 13,333 monthly SIP investment in 1 year has swelled to Rs 1,78,737.54.
Take a look at how other schemes have fared in the same time frame.
Edelweiss Multi Cap Fund Direct - Growth
The fund has given 20.30 per cent annualised SIP return in the 1-year time frame.
A Rs 13,333 monthly SIP investment in the 1-year period has jumped to Rs 1,78,727.73.
HSBC Multi Cap Fund Direct - Growth
The fund has given 17.44 per cent annualised SIP return in 1 year.
A Rs 13,333 monthly SIP investment in the 1-year time frame has swelled to Rs 1,75,945.76.
Canara Robeco Multi Cap Fund Direct - Growth
The fund has given 16.26 per cent annualised SIP return in the 1-year period.
A Rs 13,333 monthly SIP investment in 1 year has turned into Rs 1,74,812.07.
Union Multicap Fund Direct - Growth
The fund has given 15.59 per cent annualised SIP return in the 1-year time frame.
A Rs 13,333 monthly SIP investment in the 1-year period has grown to Rs 1,74,172.01.
Aditya Birla Sun Life Multi-Cap Fund Direct-Growth
The fund has given 15.33 per cent annualised SIP return in 1 year.
A Rs 13,333 monthly SIP investment in the 1-year time frame has swelled to Rs 1,73,924.33.
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