Best Multicap Mutual Fund Schemes – Open Ended Equity Fund
There are 14 open-ended Multi-cap fund schemes in India. Very few schemes have consistently performed well in the market. Best multicap mutual fund schemes were assessed on their long-term growth performance in 5yr period and 10yr period returns.
There top five schemes in the multi-cap fund schemes category which have delivered over 14% investment returns. Out of top five only one multi-cap schemes has delivered single digit return in 5-yr investment period at 9.6%, all other schemes have delivered .
Best Multicap Fund Schemes
Three out of top five fund schemes does not have large AUM, their daily AUM size in below Rs5,000 crores. Remaining two have higher daily AUM size. Nippon India Multi Cap Fund has daily AUM size of Rs14,341 crores, and ICICI Prudential Multicap Fund has daily AUM size of 6,963 crores as on 31 Mar 2023.
Quant Active Fund is the best performing multi-cap scheme with 18.9% for 5-yr period and 20.5% returns for 10-yr period. Invesco India Multicap Fund and ICICI Prudential Multicap Fund are other top three fund schemes.
Table: Best Multicap Funds in long-term as on 31 Mar 2023
| Scheme Name | NAV Regular (Rs) | Return 3 Year (%) Regular | Return 5 Year (%) Regular | Return 10 Year (%) Regular |
|---|---|---|---|---|
| Quant Active Fund | 412.97 | 44.1% | 18.8% | 20.6% |
| ICICI Prudential Multicap Fund | 454.30 | 30.2% | 11.0% | 14.9% |
| Nippon India Multi Cap Fund | 162.90 | 36.0% | 12.7% | 14.7% |
| Baroda BNP Paribas Multi Cap Fund | 166.22 | 27.9% | 11.2% | 13.9% |
| Invesco India Multicap Fund | 76.15 | 28.1% | 9.6% | 16.8% |
