Top 7 Multi Cap Mutual Funds With Best SIP Returns in 3 Years: Rs 16,666 monthly SIP in No. 1 fund has turned into Rs 10.24 lakh; know about other funds
Top 7 Multi Cap Mutual Funds With Best SIP Returns in 3 Years: Multi cap mutual funds need to have at least 75 per cent of their investments in equity stocks, as per Securities Exchange Board of India's (Sebi) categorisation of mutual funds. The multi cap mutual fund category has given 44.05 per cent annualised returns (CAGR) in 1 year and 20.16 per cent in 3 years, as per Value Research data.
Top 7 Multi Cap Mutual Funds With Highest SIP Returns in 3 Years: Multi cap mutual funds can invest in large-, mid-, and small-cap firms of any market capitalisaion. They need to have at least 75 per cent of their investments in equity stocks, as per Securities Exchange Board of India's (Sebi) categorisation of mutual funds. The multi cap mutual fund manager, thus, has the freedom to pick companies that have been performing well irrespective of their market cap. The manager can also shift investments from non-performing stocks to performing ones of any market cap. The multi cap mutual fund category has given 44.05 per cent annualised returns (CAGR) in 1 year and 20.16 per cent in 3 years, as per Value Research data. In this write-up, go through the top 7 multi cap mutual funds in terms of the highest annualised SIP returns (XIRR) in 3 years and what Rs 15,000 monthly SIP investment in each of them given during that period.
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Kotak Multicap Fund - Direct Plan
The multi cap fund at the No. 1 position has given 37.98 per cent annualised SIP return in the 3-year time frame.
It has assets under management (AUM) of Rs 5,811 crore, while its net asset value (NAV) is Rs 20.4480.
Nifty 500 Multicap 50:25:25 TRI, the fund has given 26.63 per cent annualised returns (CAGR) since its launch in September 2021.
Kotak Multicap Fund - Direct Plan
At an expense ratio of 0.38 per cent, the fund has Rs 100 as the minimum SIP and lump sum investment each.
A Rs 16,666 monthly SIP in the fund in 3 years, or a total investment of Rs 5,99,976, has turned into Rs 10,23,766.
Nippon India Multi Cap Fund - Direct Plan
The fund has given 36.42 per cent annualised SIP return in 3 years.
It has AUM of Rs 3,828 crore, while its NAV is Rs 329.0962.
Benchmarked against Nifty 500 Multicap 50:25:25 TRI, the fund has given 18.41 per cent annualised returns since its debut in January 2013.
Nippon India Multi Cap Fund - Direct Plan
With an expense ratio of 0.74 per cent, the fund has Rs 100 as the minimum SIP and lump sum investment each.
A Rs 16,666 monthly SIP in the fund has grown to Rs 10,03,351 in the 3-year time frame.
ITI Multi Cap Fund - Direct Plan
The fund has given 33.7 per cent annualised SIP return in the 3-year period.
Its AUM is Rs 1,425 crore, while its unit price is Rs 27.4683.
Benchmarked against Nifty 500 Multicap 50:25:25 TRI, the fund has given 20.54 per cent annualised returns since its inception in May 2019.
ITI Multi Cap Fund - Direct Plan
At an expense ratio of 0.47 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 1,000 as the minimum lump sum investment.
A Rs 16,666 monthly SIP in the fund has grown to Rs 9,68,338 in 3 years.
Invesco India Multicap Fund - Direct Plan
The fund has given 33.45 per cent annualised SIP return in the 3-year time frame.
It has an asset base of of Rs 3,962 crore, while its NAV is Rs 162.2900.
Benchmarked against Nifty 500 Multicap 50:25:25 TRI, the fund has given 20.60 per cent annualised returns since its launch in January 2013.
Invesco India Multicap Fund - Direct Plan
With an expense ratio of 0.66 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 1,000 as the minimum lump sum investment.
A Rs 16,666 monthly SIP in the fund has grown to Rs 9,65,160 in the 3-year period.
Mahindra Manulife Multi Cap Fund - Direct Plan
The fund has given 32.53 per cent annualised SIP return in 3 years.
It has AUM of Rs 4,869 crore, while its unit price is Rs 41.4893.
Benchmarked against Nifty 500 Multicap 50:25:25 TRI, the fund has given 21.14 per cent annualised returns since its beginning in May 2017.
Mahindra Manulife Multi Cap Fund - Direct Plan
At an expense ratio of 0.40 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 1,000 as the minimum lump sum investment.
A Rs 16,666 monthly SIP in the fund has grown to 9,53,591 in the 3-year time frame.
ICICI Prudential Multicap Fund - Direct Plan
The fund has given 32.21 per cent annualised SIP return in the 3-year period.
It has AUM of Rs 14,280 crore, while its NAV is Rs 892.7400.
Benchmarked against Nifty 500 Multicap 50:25:25 TRI, the fund has given 18.26 per cent annualised returns since its launch in January 2013.
ICICI Prudential Multicap Fund - Direct Plan
With an expense ratio of 0.94 per cent, the fund has Rs 100 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 16,666 monthly SIP in the fund has grown to Rs 9,49,486 in the 3-year period.
Baroda BNP Paribas Multi Cap Fund - Direct Plan
The fund has given 31.4 per cent annualised SIP return in 3 years.
It has an asset base of Rs 2,758 crore, while its NAV is Rs 327.9972.
Benchmarked against Nifty 500 Multicap 50:25:25 TRI, the fund has given 17.88 per cent annualised returns since its inception in January 2013.
Baroda BNP Paribas Multi Cap Fund - Direct Plan
At an expense ratio of 0.93 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 16,666 monthly SIP in the fund has grown to Rs 9,39,422 in the 3-year period.