Top 7 Multi Cap Mutual Funds With Highest SIP Return in 1 Year: Rs 27,777 monthly SIP investment in No. 1 scheme has converted into Rs 3,91,609; what about others?
Top 7 Multi Cap Mutual Funds With Highest SIP Return in 1 Year: Multi cap mutual funds have large, mid, and small cap stocks in their portfolio. The fund manager needs to have at least 25 per cent stocks from all 3 categories. They can pick the rest of the stocks and other assets depending on share market conditions.
Top 7 Multi Cap Mutual Funds With Highest SIP Return in 1 Year: Investors seeking diversification of their mutual fund portfolio prefer to have large, mid, and small cap funds. But when they pick either of the 3, they practically pick the majority of that particular cap of stocks in that category. E.g., if they are picking large cap mutual funds, such funds have at least 80 per cent of their investments in large cap stocks. On the other hand, mid and small cap funds have at least 65 per cent of their investments in mid and small cap stocks, respectively. But can investors pick a mutual fund category where they get the representation of large, mid, and small cap stocks in substantial proportions. Multi cap mutual funds need to have at least 25 per cent of their investments in large, mid, and small cap stocks each. The fund manager can pick the rest of the stocks or assets based on share market conditions. The multi cap mutual fund category has given 25.19 per cent annualised return (CAGR) in 1 year and 20.41 per cent in 3 years. Here are the top 7 multi cap mutual funds with highest annualised SIP returns (XIRR) in 1 year. Also know how a Rs 27,777 monthly SIP investment in each fund has grown in that period.
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LIC MF Multi Cap Fund Direct - Growth
The fund has given 29.46 per cent annualised SIP return in the 1-year period.
It has assets under management (AUM) of Rs 1,417 crore, while its net asset value (NAV) is Rs 17.81.
Benchmarked against Nifty 500 Multicap 50:25:25 TRI, the fund has given 30.64 per cent annualised return (CAGR) since its beginning in October 2022.
LIC MF Multi Cap Fund Direct - Growth
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 27,777 monthly SIP investment in 1 year, or a total investment of Rs 3,33,324, has zoomed to Rs 3,91,609.46.
Invesco India Multicap Fund Direct-Growth
The fund has given 28.30 per cent annualised SIP return in the 1-year time frame.
It has AUM of Rs 3,897 crore, while its NAV is Rs 160.12.
Benchmarked against Nifty 500 Multicap 50:25:25 TRI, the fund has given 20.06 per cent annualised return since its starting in January 2013.
Invesco India Multicap Fund Direct-Growth
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 27,777 monthly SIP investment in the 1-year period has converted into Rs 3,89,110.07.
Axis Multicap Fund Direct-Growth
The fund has given 26.93 per cent annualised SIP return in 1 year.
It has an asset base of Rs 6,807 crore, while its unit price is Rs 18.52.
Benchmarked against Nifty 500 Multicap 50:25:25 TRI, the fund has given 22.67 per cent annualised return since its debut in November 2021.
Axis Multicap Fund Direct-Growth
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 27,777 monthly SIP investment in the 1-year time frame has swelled to Rs 3,86,181.
WhiteOak Capital Multi Cap Fund Direct - Growth
The fund has given 26.90 per cent annualised SIP return in the 1-year period.
It has a fund size of Rs 1,398 crore, while its NAV is Rs 14.89.
Benchmarked against Nifty 500 Multicap 50:25:25 TRI, the fund has given 37.17 per cent annualised return since its inception in August 2023.
WhiteOak Capital Multi Cap Fund Direct - Growth
With 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 27,777 monthly SIP investment in 1 year has jumped to Rs 3,86,117.13.
Edelweiss Multi Cap Fund Direct - Growth
The fund has given 22.69 per cent annualised SIP return in the 1-year time frame.
Its AUM is Rs 2,572 crore, while its NAV is Rs 15.42.
Benchmarked against Nifty 500 Multicap 50:25:25 TRI, the fund has given 43.49 per cent annualised return since its launch in October 2023.
Edelweiss Multi Cap Fund Direct - Growth
At an expense ratio of 0.3 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 27,777 monthly SIP investment in the 1-year period has grown to Rs 3,77,270.12.
SBI Multicap Fund Direct - Growth
The fund has given 21.81 per cent annualised SIP return in 1 year.
It has an asset base of Rs 18,941 crore, while its unit price is Rs 16.8944.
Benchmarked against Nifty 500 Multicap 50:25:25 TRI, the fund has given 19.93 per cent annualised return since its beginning in February 2022.
SBI Multicap Fund Direct - Growth
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 27,777 monthly SIP investment in the 1-year time frame has sprung to Rs 3,75,449.52.
HSBC Multi Cap Fund Direct - Growth
The pharma fund has given 20.54 per cent annualised SIP return in the 1-year period.
It has a fund size of Rs 4,362 crore, while its unit price is Rs 19.28.
Benchmarked against Nifty 500 Multicap 50:25:25 TRI, the fund has given 20.06 per cent annualised return since its starting in January 2023.
HSBC Multi Cap Fund Direct - Growth
At an expense ratio of 0.59 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 27,777 monthly SIP investment in the 1-year time frame has converted into Rs 3,72,839.31.