Top 5 multicap mutual funds with highest SIP returns in 5 years: Rs 20,000 monthly SIP in No.1 fund has grown to Rs 29.22 lakh; know about others
As per Association of Mutual Funds in India (AMFI), a multi-cap category mutual fund needs to have at least 75 per cent of its investments in equity and equity-related instruments. Of this 75 per cent allocation to equity, the portfolio must allocate at least 25 per cent of its assets to large-, mid-, and small-cap stocks. Thus, the fund manager can allocate assets to all three caps and different sector companies.
Top 5 multicap SIP mutual funds in 5 years: An average equity mutual fund investor dreams of investing money in large-, mid-, and small-cap schemes. The reason for a diversified portfolio is to maintain stability and get high returns. They think that exposure to large-cap funds will provide them stability, investment in small caps can help them get high returns, and investing in mid caps can provide them both. But what if one gets the experience of all three in one. The mutual category that provides the taste of all three is known as the multicap. As per Association of Mutual Funds in India (AMFI), a multicap category mutual fund needs to have at least 75 per cent of its investments in equity and equity-related instruments.
Of this 75 per cent allocation to equity, the portfolio must allocate at least 25 per cent of its assets to large-, mid-, and small-cap stocks.
Thus, the fund manager can allocate assets to all three caps and different sector companies.
Multicaps are likely to fare well in a rising market.
But there is a catch: 50 per cent of their allocation is in small- and mid-cap stocks, which are market-volatile.
So, multicap mutual funds are not ideal for short-term investors.
They are suitable for investors with at least 5-7 years of investment horizon.
As per Value Research, the multicap category has soared by 48.87 per cent in the one year and 23.29 per cent in the three-year time frame.
Quant Active Fund - Direct Plan
The fund tops the list with 33.51 per cent annualised returns in the five-year period.
The fund's assets under management (AUM) are Rs 10,758 crore, while its net asset value (NAV) is worth 778.9542.
Benchmarked against Nifty 500 Multicap 50:25:25 TRI, the fund has a CAGR of 22.70 per cent since its inception in January 2013.
The fund has an expense ratio of 0.62 per cent. The minimum lump sum and SIP investments in the fund are Rs 5,000 and Rs 1,000, respectively.
The fund has 89.65 per cent of its investments in equity with 27.56 per cent is in large-cap stocks, 22.6 per cent is in mid-cap stocks, and 23.66 per cent in small-cap stocks.
It has 57 stocks in its portfolio against the category average of 81.35.
The main stocks in its portfolio are Reliance Industries Limited, HDFC Bank, Adani Power, Aurobindo Pharma, and Jio Financial Services.
A Rs 20,000 monthly SIP in the fund has turned into Rs 29,21,674 in the five-year period.
Nippon India Multi Cap Fund - Direct Plan
The fund has given 35.56 per cent annualised returns in the five-year time frame.
The fund's AUM is Rs 34,943 crore, while its NAV is worth Rs 319.6448.
Benchmarked against Nifty 500 Multicap 50:25:25 TRI, the fund has given an annual return of 18.55 per cent since its launch in January 2013.
At an expense ratio of 0.81 per cent, the minimum lump sum and SIP investment in the fund are Rs 100 each.
The fund has 98.59 per cent of its investments in domestic equities of which 33.32 per cent is in large-cap stocks, 22.99 per cent is in mid-cap stocks, and 24.03 per cent in small-cap stocks.
In a large portfolio of 107 stocks, the fund's main stocks are HDFC Bank, Linde India Bank, ICICI Bank, EIH Bank, and Reliance Industries Bank.
A Rs 20,000 monthly SIP in the fund has become Rs 28,55,112 as of today's date.
Mahindra Manulife Multi Cap Fund - Direct Plan
The fund at No. 3 position has given 32.59 per cent annualised SIP returns in the five-year time frame.
The fund has an asset base of Rs 4,091 crore, while its NAV price is Rs 39.9380.
Benchmarked against Nifty 500 Multicap 50:25:25 TRI, the fund has an expense ratio of 0.36 per cent.
The fund has given 21.30 CAGR returns since its launch in May 2017.
The minimum SIP investment in the fund is Rs 500, while the same is Rs 1,000 for a lump sum investment.
The fund has 97.65 per cent of its investments in domestic equities of which 35.41 per cent is in large-cap stocks, 19.38 per cent is in mid-cap stocks, and 19.56 per cent in small-cap stocks.
In its 66-stock portfolio, the fund has Canara Bank, Bharti Airtel, HPCL, TCS, and RIL as its main stocks.
A Rs 20,000 monthly SIP in the fund has given a total of Rs 26,63,838 in the five years.
Baroda BNP Paribas Multi Cap Fund - Direct Plan
The fund has given annualised SIP returns of 29.5 per cent.
It has an asset base of Rs 2,459 crore, while its NAV price is Rs 314.6084.
The fund with a 1.03 per cent expense ratio has Nifty 500 Multicap 50:25:25 TRI as its benchmark.
Its annual returns since its launch in January 2013 are 17.87 per cent.
The minimum lump sum investment in the fund is Rs 5,000, while the minimum SIP investment in the fund is Rs 500.
It has 97.13 per cent of its investments in domestic equities, of which 28.22 per cent is in large-cap stocks, 19.23 per cent is in mid-cap stocks, and 22.16 per cent in small-cap stocks.
In its 62-stock portfolio, the main stocks are ICICI Bank, HDFC Bank, RIL, ABB Power Products and Systems, and Jyoti CNC Automation.
The one who started a Rs 20,000 monthly SIP five years ago has Rs 24,76,833 in their portfolio.
ICICI Prudential Multicap Fund - Direct Plan
The fund's SIP returns in the five-year period are 29.35 per cent.
The fund's AUM is Rs 13,025 crore, while its NAV is Rs 852.9400.
With an expense ratio of 0.96 per cent, the fund's benchmark is Nifty 500 Multicap 50:25:25 TRI.
The fund has given 18.23 per cent return since its inception in January 2013.
The minimum lump sum investment in the fund is Rs 5,000, while the minimum SIP investment is Rs 100.
The fund has 89.7 per cent of its investment in domestic equities of which 40 per cent is in large-cap stocks, 21.31 per cent is in mid-cap stocks, and 13.88 per cent in small-cap stocks. ICICI Bank, Sun Pharma, Infosys, RIL, and HDFC Bank are the main stocks in its 114-stock portfolio.
A Rs 20,000 monthly SIP in the fund has given a total of Rs 24,68,079 in the five years.
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