Best Multicap Mutual Fund Scheme in India – Open-ended
There are fourteen multicap equity mutual fund open-ended schemes available in India. But, only six muticap fund schemes have existed for period beyond ten years. A very few such schemes have performed consistently over period of time.
Only four of these fund schemes have delivered double digit returns for different period of time ranging from 3-years to 10-years.
Top Performing Schemes
Quant Active Fund tops the competitors such as Invesco India Multicap Fund, Baroda BNP Paribas Multi Cap Fund, ICICI Prudential Multicap Fund and Nippon India Multi Cap Fund in terms of delivering better returns at three different comparable point of time- 3-yr, 5-yr & 10-yr return period.
In terms of long-term performance Quant Active Fund beat all other fund schemes by margin of 4% as it delivered 20.5% returns compared to next best of Invesco at 15.8%. In 5-yr period, Quant delivered 18.8% returns compared to next best of 12.6% of Nippon India Multicap Fund.
Click on the link to read more about the performance of Top Mulitcap Mutual Fund Schemes with 11%-20% Returns or latest performance of Best Multicap Mutual Fund Schemes.
|Scheme Name||3yr(%) Regular||5yr(%) Regular||10yr (%) Regular|
|Quant Active Fund||44.11||18.81||20.56|
|Invesco India Multicap Fund||28.12||9.58||16.82|
|Nippon India Multi Cap Fund||36.03||12.67||14.72|
|ICICI Prudential Multicap Fund||30.16||11.03||14.98|
|Baroda BNP Paribas Multi Cap Fund||27.93||11.20||14.19|
Source: AMFI, based on 31Mar,2023 data
Biggest Outperforming Fund Scheme – Quant Active
Quant Active Fund is not only the most consistent top performing multicap scheme but also the only fund scheme in the multicap segment to outperform its benchmark index – Nifty500.
No other muticap fund schme has been able to beat the benchmark performance at three different point of time. Quant Active Fund has delivered returns much higher than the benchmark in 3-yr, 5-yr as well as in 10-yr returns.
|Timeline||Quant Active Fund||Benchmark Performance|
|3 Year (%) Regular||44.1%||33.0%|
|5 Year (%) Regular||18.8%||11.1%|
|10 Year (%) Regular||20.6%||15.4%|
Read more about – MultiCap Mutual Fund List with AUM, NAV, Returns