mutual fund

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 NameNAV Regular (Rs)Return 3 Year (%) RegularReturn 5 Year (%) RegularReturn 10 Year (%) Regular
Quant Active Fund412.9744.1%18.8%20.6%
ICICI Prudential Multicap Fund454.3030.2%11.0%14.9%
Nippon India Multi Cap Fund162.9036.0%12.7%14.7%
Baroda BNP Paribas Multi Cap Fund166.2227.9%11.2%13.9%
Invesco India Multicap Fund76.1528.1%9.6%16.8%


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