Top 7 multi cap mutual funds with best SIP returns in 3 years: Rs 17,777 monthly SIP investment in No. 1 scheme has turned into Rs 10,19,663; know more details
Top 7 multi mutual funds with best SIP returns in 3 years: By investing in multi cap mutual funds, investors can invest in all 3 caps- large, mid, and small cap stocks. The unique thing about the multi cap mutual fund category is the fund manager needs to maintain at least 25 per cent of investment in large, mid, and small cap stocks in the fund's portfolio.
Top 7 multi mutual funds with best SIP returns in 3 years: When mutual fund investors invest in large, mid, or small cap mutual funds, they practically pick funds that have a heavy proportion of a particular cap of stocks. Large cap mutual funds need to have at least 80 per cent of their investments in large cap stocks, while mid and small cap mutual funds need to have at least 65 per cent of their investments in mid and small cap stocks, respectively. The multi cap is a unique mutual fund category where a fund manager needs to maintain at least 25 per cent of the fund's investments in large, mid, and small cap stocks, respectively. A multi cap fund needs to have at least 75 per cent of its investments in equity or equity-related instruments. We take you through the top 7 multi cap mutual funds with highest SIP returns (XIRR) in 3 years. Also know how a Rs 17,777 monthly SIP investment in each fund has performed in that period.
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Kotak Multicap Fund - Direct Plan
The fund has given 32.68 per cent annualised SIP return in the 3-year period.
It has assets under management (AUM) of Rs 10,19,663 crore, while its net asset value (NAV) is Rs 19.9760.
Benchmarked against Nifty 500 Multicap 50:25:25 TRI, the fund has given 23.64 per cent annualised return since its beginning in September 2019.
Kotak Multicap Fund - Direct Plan
With an expense ratio of 0.39 per cent, the fund has Rs 100 as the minimum SIP and lump sum investment each.
A Rs 17,777 monthly SIP investment in 3 years, or a total investment of Rs 6,39,972, has grown to Rs 10,19,663.
Axis Multicap Fund - Direct Plan
The fund has given 32.75 per cent annualised SIP return in 3 years.
It has AUM of Rs 6,807 crore, while its NAV is Rs 18.7300.
Benchmarked against Nifty 500 Multicap 50:25:25 TRI, the fund has given 22.87 per cent annualised return since its starting in December 2021.
Axis Multicap Fund - Direct Plan
At an expense ratio of 0.69 per cent, the fund has Rs 100 as the minimum SIP and lump sum investment each.
A Rs 17,777 monthly SIP investment in the 3-year period has jumped to Rs 10,20,677.
Invesco India Multicap Fund - Direct Plan
The fund has given 30.26 per cent annualised SIP return in the 3-year time frame.
It has AUM of Rs 3,897 crore, while its NAV is Rs 161.2400.
Benchmarked against Nifty 500 Multicap 50:25:25 TRI, the fund has given 20.10 per cent annualised return since its inception 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 17,777 monthly SIP investment in 3 years has sprung to Rs 9,87,496.
Nippon India Multi Cap Fund - Direct Plan
The fund has given 29.92 per cent annualised SIP return in the 3-year period.
It has AUM of Rs 39,001 crore, while its unit price is Rs 317.0874.
Benchmarked against Nifty 500 Multicap 50:25:25 TRI, the fund has given 17.66 per cent annualised return since its launch in January 2013.
Nippon India Multi Cap Fund - Direct Plan
At an expense ratio of 0.73 per cent, the fund has Rs 100 as the minimum SIP and lump sum investment each.
A Rs 17,777 monthly SIP investment in the 3-year time frame has converted into Rs 9,83,021.
Baroda BNP Paribas Multi Cap Fund - Direct Plan
The fund has given 29.61 per cent annualised SIP return in 3 years.
It has a fund size of Rs 2,791 crore, while its unit price is Rs 332.0844.
Benchmarked against Nifty 500 Multicap 50:25:25 TRI, the fund has given 17.63 per cent annualised return since its debut in January 2013.
Baroda BNP Paribas Multi Cap Fund - Direct Plan
With 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 17,777 monthly SIP investment in the 3-year period has swelled to Rs 9,78,973.
HDFC Multi Cap Fund - Direct Plan
The fund has given 29.17 per cent annualised SIP return in the 3-year time frame.
It has an asset base of Rs 17,250 crore, while its NAV is Rs 19.6210.
Benchmarked against Nifty 500 Multicap 50:25:25 TRI, the fund has given 24.54 per cent annualised return since its starting in December 2011.
HDFC Multi Cap Fund - Direct Plan
At an expense ratio of 0.67 per cent, the fund has Rs 100 as the minimum SIP and lump sum investment each.
A Rs 17,777 monthly SIP investment in 3 years has grown to Rs 9,73,235.
ITI Multi Cap Fund - Direct Plan
The fund has given 28.16 per cent annualised SIP return in the 3-year period.
It has a fund size of Rs 1,382 crore, while its unit price is Rs 26.4712.
Benchmarked against Nifty 500 Multicap 50:25:25 TRI, the fund has given 18.85 per cent annualised return since its beginning in May 2019.
ITI Multi Cap Fund - Direct Plan
With an expense ratio of 0.32 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 1,000 as the minimum lump sum investment.
A Rs 11,111 monthly SIP investment in the 3-year time frame has converted into Rs 9,60,017.