Top 7 Multi Cap Mutual Funds With Highest SIP Returns in 3 Years: No. 1 fund has converted Rs 26,666 monthly SIP investment into Rs 14,38,970
Top 7 Multi Cap Mutual Funds With Highest SIP Returns in 3 Years: Multi cap mutual funds have at least 25 per cent stocks each of large, mid, and small cap companies in their portfolio. Such a mix provides funds with stability and growth. The fund manager can pick the rest of the stocks based on share market conditions.
Top 7 Multi Cap Mutual Funds With Highest SIP Returns in 3 Years: As per Securities Exchange Board of India (Sebi), multi cap mutual funds need to meet two conditions- they must have at least 75 per cent of their allocation in equity, and they need to maintain at least 25 per cent of their investments each in large, mid, and small cap stocks. This provides them with a good mix of stocks of 3 major caps. Investors seeking diversification into large, mid, and small cap through a single fund may pick multi cap funds. The category is not very old as it was launched in September 2020. We take you through the top 7 mutual funds with the highest SIP returns (XIRR) in 5 years. Also know how a Rs 26,666 monthly SIP investment in each of them has performed during that period.
Photos: Unsplash/Pixabay
Kotak Multicap Fund - Direct Plan
The fund has given 28.1 per cent annualised SIP return in 3 years.
It has assets under management (AUM) of Rs 16,065 crore, while its net asset value (NAV) is Rs 18.8820.
Benchmarked against Nifty 500 Multicap 50:25:25 TRI, the fund has given 21.14 per cent annualised return since its debut in September 2021.
Kotak Multicap Fund - Direct Plan
With an expense ratio of 0.40 per cent, the fund has Rs 100 as the minimum SIP and lump sum investment each.
A Rs 26,666 monthly SIP investment in the 3-year period, or a total investment of Rs 9,59,976, has grown to Rs 14,38,970.
Axis Multicap Fund - Direct Plan
The fund has given 27.44 per cent annualised SIP return in the 3-year time frame.
It AUM of Rs 7,034 crore, while its NAV is Rs 17.5100.
Benchmarked against Nifty 500 Multicap 50:25:25 TRI, the fund has given 19.80 per cent annualised return since its inception in December 2021.
Axis Multicap Fund - Direct Plan
At an expense ratio of 0.72 per cent, the fund has Rs 100 as the minimum SIP and lump sum investment each.
A Rs 26,666 monthly SIP investment in 3 years has converted into Rs 14,26,249.
Nippon India Multi Cap Fund - Direct Plan
The fund has given 24.93 per cent annualised SIP return the 3-year period.
It has an asset base of Rs 39,385 crore, while its unit price is Rs 297.4863.
Benchmarked against Nifty 500 Multicap 50:25:25 TRI, the fund has given 16.96 per cent annualised return since its launch in January 2013.
Nippon India Multi Cap Fund - Direct Plan
With an expense ratio of 0.73 per cent, the fund has Rs 100 as the minimum SIP and lump sum investment each.
A Rs 26,666 monthly SIP investment in 3-year time frame has jumped to Rs 8,61,436.
Baroda BNP Paribas Multi Cap Fund - Direct Plan
The fund has given 23.94 per cent annualised SIP return in 3 years.
It has a fund size of Rs 2,850 crore, while its unit price is Rs 307.8645.
Benchmarked against Nifty 500 Multicap 50:25:25 TRI, the fund has given 16.81 per cent annualised return since its starting in January 2013.
Baroda BNP Paribas Multi Cap Fund - Direct Plan
At an expense ratio of 0.95 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 26,666 monthly SIP investment in 3-year period has swelled to Rs 13,59,716.
HDFC Multi Cap Fund - Direct Plan
The fund has given 24.27 per cent annualised SIP return in the 3-year time frame.
Its AUM is Rs 16,884 crore, while its NAV is Rs 18.4310.
Benchmarked against Nifty 500 Multicap 50:25:25 TRI, the fund has given 21.67 per cent annualised return since its beginning in December 2021.
HDFC Multi Cap Fund - Direct Plan
With an expense ratio of 0.71 per cent, the fund has Rs 100 as the minimum SIP and lump sum investment each.
A Rs 26,666 monthly SIP investment in 3-year has grown to Rs 13,65,934.
Invesco India Multicap Fund - Direct Plan
The fund has given 23.63 per cent annualised SIP return the 3-year period.
It has an asset base of Rs 3,983 crore, while its NAV is Rs 147.6900.
Benchmarked against Nifty 500 Multicap 50:25:25 TRI, the fund has given 19.13 per cent annualised return since its launch in January 2013.
Invesco India Multicap Fund - Direct Plan
At 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 26,666 monthly SIP investment in 3-year time frame has converted into Rs 13,53,999.
Mahindra Manulife Multi Cap Fund - Direct Plan
The fund has given 22.65 per cent annualised SIP return in 3 years.
It has a fund size of Rs 5,011 crore, while its unit price is Rs 37.8159.
Benchmarked against Nifty 500 Multicap 50:25:25 TRI, the fund has given 18.85 per cent annualised return since its inception in May 2017.
Mahindra Manulife Multi Cap Fund - Direct Plan
With an expense ratio of 0.43 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 1,000 as the minimum lump sum investment.
A Rs 26,666 monthly SIP investment in 3-year period has jumped to Rs 13,35,787.