Top 7 multicap mutual funds with highest SIP returns: Rs 25,000 monthly SIP in No. 1 fund has grown to Rs 15 lakh in 3 years
As per Association of Mutual Funds in India, a multi cap mutual fund should have at least 75 per cent investment in equity and equity-related instruments. So, the fund manager can invest in the company of any market capitalisation. The manager can shift money from non-performing cap to the performing cap based on market conditions.
Top 7 multicap SIP mutual funds in 3 years: Multicap mutual funds invest in large, mid, and small cap companies. So, they can provide stability and growth both. As per Association of Mutual Funds in India, a multi cap mutual fund should have at least 75 per cent investment in equity and equity-related instruments. So, the fund manager can invest in the company of any market capitalisation. The manager can shift money from the non-performing cap to the performing cap based on market conditions. As per Value Research, the multicap mutual fund category has given 42.37 per cent annualised return (CAG) in 1 year and 21.23 per cent in 3 years. In this write-up, know which are the top 7 multicap mutual funds in terms of annualised SIP returns (XIRR) in 3 years, and what Rs 25,000 monthly SIP in each of them has turned into during that period.
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Nippon India Multi Cap Fund - Direct Plan
The fund has given 36.08 per cent annualised SIP returns in 3 years. It has an asset base of Rs 34,943 crore, while its net asset value (NAV) is Rs 314.3489.
Benchmarked against Nifty 500 Multicap 50:25:25 TRI, the fund has given 18.24 per cent CAGR since its inception in January 2013.
In a portfolio of 109 stocks, the fund has HDFC Bank, Linde India, RIL, ICICI Bank, EIH, and Axis Bank as its main holdings.
A Rs 25,000 monthly SIP in the fund, or total investment of Rs 9 lakh, has turned into Rs 14,98,332 in 3 years.
ITI Multi Cap Fund - Direct Plan
The fund has had a 32.89 per cent annualised SIP return in 3 years. It has assets under management (AUM) of Rs 1,285 crore, while its NAV is priced at Rs 26.4815.
Benchmarked against Nifty 500 Multicap 50:25:25 TRI, the fund has given 20.44 per cent annualised returns since its launch in May 2019. In a portfolio of 79 stocks, the fund has ICICI Bank, HDFC Bank, RIL, Jindal Stainless and Abb India as its main holdings.
A Rs 25,000 monthly SIP in the fund has given Rs 14,37,112 in 3 years.
ICICI Prudential Multicap Fund - Direct Plan
The fund has given 32.08 per cent annualised SIP returns in 3 years. It has AUM of Rs 13,025 crore, while its NAV rate is Rs 863.1600.
Benchmarked against Nifty 500 Multicap 50:25:25 TRI, the fund has given 18.22 per cent annualised return since its inception in January 2013.
In a portfolio of 112 stocks, the fund has ICICI Bank, Sun Pharma, RIL, HDFC Bank, and Larsen & Toubro as its main holdings.
A Rs 25,000 monthly SIP in the fund has turned into Rs 14,21,830 in 3 years.
Mahindra Manulife Multicap Direct
The fund has given 31.82 per cent SIP return in 3 years. The fund has an asset base of Rs 4,091 crore, while its NAV price is Rs 39.8177.
Benchmarked against Nifty 500 Multicap 50:25:25 TRI, the fund has given 21.01 per cent annualised return since its launch in May 2017.
In a portfolio of 67 stocks, the fund has HDFC Bank, RIL, TCS, NTPC, and Grasim as its main holdings.
A Rs 25,000 monthly SIP in the fund has given Rs 14,16,937 in the 3-year time frame.
Quant Active Direct
The fund has given 30.65 per cent annualised SIP return in 3 years. It has an asset base of Rs 11,249 crore, while its NAV is Rs 764.9314.
Benchmarked against Nifty 500 Multicap 50:25:25 TRI, the fund has given 22.34 per cent annualised return since its inception in January 2013.
In its portfolio of 52 stocks, the fund has RIL, HDFC Bank, SAIL, Swan Energy, and Aurobindo Pharma as its main holdings.
A Rs 25,000 monthly SIP in the fund has converted into Rs 13,95,139 as in 3-year time frame.
Baroda BNP Paribas Multi Cap Direct
The fund has given 29.15 per cent SIP return in 3 years. It has an asset base of Rs 2,610 crore, while its NAV is Rs 308.9517.
Benchmarked against Nifty 500 Multicap 50:25:25 TRI, the fund has given annualised returns of 17.56 per cent since its inception in January 2013.
In a portfolio of 63 stocks, the fund has ICICI Bank, HDFC Bank, RIL, and Hitachi Energy as its main holdings.
A Rs 25,000 monthly SIP in the fund has given Rs 13,67,356 in 3 years.
Invesco India Multicap Direct
The fund has had a 28.44 per cent annualised SIP return in 3 years. It has AUM of Rs 3,735 crore, while its NAV size is Rs 147.7300.
Benchmarked against Nifty 500 Multicap 50:25:25 TRI, the fund has given 19.96 per cent anualised returns since its launch in January 2013.
In its portfolio of 65 stocks, the fund has ICICI Bank, Jio Financial Services, TCS, and Axis Bank as its main holdings.
A Rs 25,000 monthly SIP in the fund has turned into Rs 13,54,452 in 3 years.