Top Multicap Mutual Funds by SIP Returns: Rs 5,000 monthly investment in these schemes has grown up to Rs 6.65 lakhs in 5 year
Investors looking to allocate funds across market capitalisation can go with Multicap Funds. As per the SEBI mandate, these funds need to mandatorily deploy 75 per cent of the total corpus in equity or equity-linked securities. Also, multicap funds are required to put at least 25 per cent of the corpus in each market segment.
Furthermore, multicap funds are also deemed suitable to offset inflationary pressure and can be lucrative for new investors who may benefit by taking exposure across market capitalisations.
Quant Active Fund -Direct Plan (G)
The fund over the last five years has offered an annualised return of 29.96 per cent. NAV of the fund as of is Rs 699.366.
Quant Active Fund -Direct Plan (G) SIP return
This multilcap scheme has delivered an annualised SIP return of 27.26 per cent in 5 years.
It has turned a total investment of Rs 3,00,000, through a monthly SIP of Rs 5,000, into Rs 5.87 lakh during this period.
Mahindra Manulife Multi Cap Fund - Direct Plan (G)
The fund during the 5-year period has delivered an annualised return of 26.65 per cent. NAV of the fund as on December 19 is Rs 40.5.
Mahindra Manulife Multi Cap Fund - Direct Plan (G) SIP return
This scheme from the house of Mahindra Manulife has offeredd an annualised SIP return of 29.26 per cent in 5 years.
It has turned a total investment of Rs 3,00,000, through a monthly SIP of Rs 5,000, into Rs 6.17 lakh during this period.
Nippon India Multicap Fund - Direct Plan (G)
In a 5-year period, the multicap fund has offered an annualised return of 25.62 per cent, while its SIP annualised return is at 32.47 per cent.
Nippon India Multicap Fund - Direct Plan (G) SIP return
The fund has turned Rs 5,000 montly investment over 5 years to Rs 6.65 lakhs.
Baroda BNP Paribas Multi Cap Fund - Direct Plan (G)
The fund over a 5-year period has given an annualised yield of 25.52 per cent. NAV of the fund as on December 19 is Rs 334.3.
Baroda BNP Paribas Multi Cap Fund - Direct Plan (G) SIP return
This Baroda BNP Paribas Multicap scheme has offered an annualised SIP return of 29.16 per cent. And likewise, the Rs 5,000 monthly SIP has turned into Rs 6.15 lakh.
Edelweiss Recently Listed IPO Fund - Direct Plan (G)
This multicap scheme during a 5-year period has offered an annualised yield of 25.33 per cent.
Edelweiss Recently Listed IPO Fund - Direct Plan (G) SIP return
SIP return from the fund on an annualised basis is 24.96 per cent and likewise a Rs 5,000 per month SIP in 5 years will grow to Rs 5.56 lakhs.