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Top 4 Multicap Mutual Funds by SIP Returns: Rs 60,000 monthly SIP in No. 1 fund led to Rs 96.57 lakh wealth in 7 years
- Written by Priya Vishwakarma
Published: Zee Business| Updated: Zee Business
Top 4 Multicap Mutual Funds With Best SIP Returns in 7 Years: Multi-cap mutual funds are a type of equity mutual fund that diversifies investments across companies of all sizes –
large-cap,
mid-cap, and
small-cap.
As of May 14, these are the top 4 Multicap mutual funds with the highest SIP returns over the previous seven years. According to calculations, a Rs 60,000 monthly investment in the top fund has grown to Rs 96.57 lakh in just 7 years.
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1/8
Mahindra Manulife Multi Cap Fund
1/8In 7 years, Mahindra Manulife Multi Cap Fund has given an 18.27 per cent annualised return. Its assets under management (AUM) are Rs 6,439 crore, while its net asset value (NAV) is Rs 36.07. Benchmarked against Nifty 500 Multicap 50:25:25 TRI, the fund has given annualised returns of 15.32 per cent since its launch in April 2017.
2/8
Mahindra Manulife Multi Cap Fund
2/8With an expense ratio of 2.91 per cent, the fund has Rs 3,000 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment. With a monthly investment of Rs 60,000, the fund has grown to Rs 96,57,000 in 7 years.
3/8
ICICI Prudential Multicap Fund
3/8In 7 years, ICICI Prudential Multicap Fund has given a 17.64 per cent annualised return. Its assets under management (AUM) are Rs 16,997 crore, while its net asset value (NAV) is Rs 820.34. Benchmarked against Nifty 500 Multicap 50:25:25 TRI, the fund has given annualised returns of 14.95 per cent since its launch in August 1994.
4/8
ICICI Prudential Multicap Fund
4/8With an expense ratio of 1.67 per cent, the fund has Rs 3,000 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment. With a monthly investment of Rs 60,000, the fund has grown to Rs 94,44,000 in 7 years.
5/8
Quant Multi Cap Fund
5/8In 7 years, the Quant Multi Cap Fund has given a 16.42 per cent annualised return. Its assets under management (AUM) are Rs 7,466 crore, while its net asset value (NAV) is Rs 625.45. Benchmarked against Nifty 500 Multicap 50:25:25 TRI, the fund has given annualised returns of 17.84 per cent since its launch in February 2001.
6/8
Quant Multi Cap Fund
6/8With an expense ratio of 1.87 per cent, the fund has Rs 3,000 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment. With a monthly investment of Rs 60,000, the fund has grown to Rs 90,43,000 in 7 years.
7/8
Sundaram Multi Cap
7/8In 7 years, Sundaram Multi Cap has given a 13.68 per cent annualised return. Its assets under management (AUM) are Rs 2,807 crore, while its net asset value (NAV) is Rs 362.75. Benchmarked against Nifty 500 Multicap 50:25:25 TRI, the fund has given annualised returns of 14.84 per cent since its launch in October 2000.
8/8
Sundaram Multi Cap
8/8With an expense ratio of 2.82 per cent, the fund has Rs 3,000 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment. With a monthly investment of Rs 60,000, the fund has grown to Rs 82,02,000 in 7 years.
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