Top 11 multi-cap mutual funds that have beaten their benchmark in 1 year
Top 11 multi-cap mutual funds: Multi-cap is a category of mutual funds where the fund manager invests money in equity and equity-related instruments of different market capitalisations. Unlike large-, mid-, and small-cap mutual funds, where a fund manager has to invest the majority of investments in large-, mid-, and small-cap companies, the multi-cap mutual fund manager can change the proportion of the 3 caps as per their or the economy's performance. However, as per the Association of Mutual Funds in India (AMFI), at any point in time, at least 75% of their investments should be in equity and equity-related instruments. As many as 13 of the multi-cap funds have given returns of over 40% in the last 1 year and 11 of them have beaten their benchmark, Nifty 500 Multicap 50:25:25 Total Return Index. Here's a list of the top 11 multi-cap funds that have beaten their benchmark in the last 1 year (As per AMFI data). (Note: All of them have Nifty 500 Multicap 50:25:25 Total Return Index as their benchmark.)
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HSBC Multi Cap Fund
![HSBC Multi Cap Fund HSBC Multi Cap Fund](https://cdn.zeebiz.com/sites/default/files/2024/05/15/293792-currency-notes-new.jpg)
Kotak Multicap Fund
![Kotak Multicap Fund Kotak Multicap Fund](https://cdn.zeebiz.com/sites/default/files/2024/05/15/293794-coin-unsplash-take-2.jpg)
ITI Multi Cap Fund
![ITI Multi Cap Fund ITI Multi Cap Fund](https://cdn.zeebiz.com/sites/default/files/2024/05/15/293796-indian-currency-pixabay-1.jpg)
Quant Active Fund
![Quant Active Fund Quant Active Fund](https://cdn.zeebiz.com/sites/default/files/2024/05/15/293797-indian-currency-unsplash-take-1.jpg)
Nippon India Multi Cap Fund
![Nippon India Multi Cap Fund Nippon India Multi Cap Fund](https://cdn.zeebiz.com/sites/default/files/2024/05/15/293798-fd-interest-file.jpg)
Mahindra Manulife Multi Cap Fund
![Mahindra Manulife Multi Cap Fund Mahindra Manulife Multi Cap Fund](https://cdn.zeebiz.com/sites/default/files/2024/05/15/293799-investment-growth-pixabay.jpg)
Bank of India Multi Cap Fund
![Bank of India Multi Cap Fund Bank of India Multi Cap Fund](https://cdn.zeebiz.com/sites/default/files/2024/05/15/293800-indian-rupee-unsplash-1.jpg)
HDFC Multi Cap Fund
![HDFC Multi Cap Fund HDFC Multi Cap Fund](https://cdn.zeebiz.com/sites/default/files/2024/05/15/293802-indian-rupee-pixabay.jpg)
Axis Multicap Fund
![Axis Multicap Fund Axis Multicap Fund](https://cdn.zeebiz.com/sites/default/files/2024/05/15/293803-indian-currency-take-unsplash.jpg)
ICICI Prudential Multicap Fund
![ICICI Prudential Multicap Fund ICICI Prudential Multicap Fund](https://cdn.zeebiz.com/sites/default/files/2024/05/15/293804-investment-unsplash-2.jpg)