Through mutual funds, you have the option to invest your money across different sectors, companies, and asset classes. Multi-cap funds are one of the various categories of mutual funds. The money invested in multi-cap funds is distributed across three types of companies: large-cap, mid-cap, and small-cap. In this article, we will explore the multi-cap funds that have provided the highest returns in the past five years.
What are multi-cap funds?
According to SEBI, multi-cap funds are required to keep at least 75% of their assets invested in equity and equity-related instruments at all times. Therefore, their portfolios must ensure that at least 25% of their assets are invested in large-cap stocks, 25% in mid-cap stocks, and 25% in small-cap stocks, respectively.
Top 5 Popular Multi-Cap Funds In India
Baroda BNP Paribas Multi Cap Fund
According to AMFI data, the direct plan of Baroda BNP Paribas Multi Cap Fund has provided a return of 25.42% over the last 5 years. If a lump sum investment of Rs 1 lakh had been made in this scheme 5 years ago, it would have grown to Rs 3,10,337 today.
Invesco India Multi Cap Fund
The direct plan of Invesco India Multi Cap Fund has provided a return of 25.55% in the last 5 years. If a lump sum investment of Rs 1 lakh had been made in this scheme 5 years ago, it would have grown to Rs 3,11,949 today.
Nippon India Multi Cap Fund
The direct plan of Nippon India Multi Cap Fund has given a return of 26.52% in the last 5 years. A lump sum investment of Rs 1 lakh made in this scheme 5 years ago would now be worth Rs 3,24,187.
Mahindra Manulife Multi Cap Fund
The direct plan of Mahindra Manulife Multi Cap Fund has given a return of 27.40% over the last 5 years. If a lump sum investment of Rs 1 lakh was made in this scheme 5 years ago, it would have grown to Rs 3,35,619 today.
Quant Active Fund
Quant Active Fund, a multi-cap fund, has provided a return of 30.83% in the last 5 years. A lump sum investment of Rs 1 lakh made 5 years ago in this scheme would now be worth Rs 3,75,512.
