Top 5 Multi Cap funds: According to AMFI data, in January 2023, an investment of Rs 1773 crore came in multi cap funds. If we look at the performance of multicap funds, there has been a lot of wealth creation in the top 5 schemes. The one-time investment in these has doubled.
Top 5 Multi Cap funds: There are many schemes in different categories of mutual fund companies. These include equity, debt, hybrid schemes. The returns of different categories of schemes have also been different. One of these categories is multi cap funds. Investors have got good returns in many schemes of this category of Equity Mutual Funds. According to the data of Association of Mutual Funds in India (AMFI), in January 2023, an investment of Rs 1773 crore came in multi cap funds. If we look at the performance of multi cap funds, there has been a lot of wealth creation in the top 5 schemes. The one-time investment in these has doubled.
Top 5 Multi Cap Funds
Quant Active Fund Scheme has given an average return of 32.16% every year in the last 3 years. If someone would have invested Rs 1 lakh in this scheme 3 years ago, then its value has now become Rs 2.30 lakh. The minimum investment in this scheme is Rs 5,000. While the minimum SIP is Rs 1000.
Mahindra Manulife Multi Cap Badhat Yojana
Mahindra Manulife Multi Cap Growth Scheme has given an average return of 21.16% every year in the last 3 years. If someone would have invested Rs 1 lakh in this scheme 3 years ago, then its value has now become Rs 1.77 lakh. The minimum investment in this scheme is Rs 1,000. While the minimum SIP is Rs 500.
Nippon India Multi Cap Fund
Nippon India Multi Cap has given an average return of 18.92% every year in the last 3 years. If someone would have invested Rs 1 lakh in this scheme 3 years ago, then its value has now become Rs 1.68 lakh. The minimum investment in this scheme is Rs 100. While the minimum SIP is Rs 1,000.
Baroda BNP Paribas Multi Cap Fund
Baroda BNP Paribas Multi Cap Fund has given an average return of 17.56% every year in the last 5 years. If someone would have invested Rs 1 lakh in this scheme 3 years ago, then its value has now become Rs 1.62 lakh. The minimum investment in this scheme is Rs 5,000. While the minimum SIP is Rs 500.
ICICI Prudential Multicap Fund
ICICI Prudential Multi Cap Fund has given an average return of 16.92% every year in the last 3 years. If someone would have invested Rs 1 lakh in this scheme 3 years ago, then its value has now become Rs 1.59 lakh. The minimum investment in this scheme is Rs 5,000. While the minimum SIP is Rs.100.
What are Multi Cap Funds
Multicap funds are diversified mutual funds. In these, the fund house has the facility that it can invest investors’ money in companies with different market caps. According to the new rules regarding multi cap funds issued by the market regulator SEBI, now it is necessary for the fund house to invest 75 per cent equity in multi cap schemes. At the same time, it will be necessary to invest 25-25 percent in midcap and smallcap. Earlier, the weightage of large caps was more in multi caps. However, mutual funds can rebalance multi cap funds. They have the option to switch to another scheme.