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Diversified Funds, also known as multi cap funds are a class of Equity Funds. Investors with a high-risk appetite who wish to take an exposure in equities usually incline towards Investing in diversified funds. As, diversified funds invest across Market caps such as – large cap, mid cap & small cap.
Multi cap, flexi cap or diversified schemes are supposed to invest across stocks in different market capitalisation based on the view of the fund manager. The allocation to each market cap varies from scheme to scheme. Some schemes have a fixed proportion and some change it dynamically depending on the market conditions.
These Mutual Funds adopt a Value investing strategy where they purchase the stocks of companies that are relatively lower in comparison to their past performance, Book Value, Earnings, and other value parameters.
By investing in the Best Diversified Equity Funds, investors can earn slightly more stable returns, however, they would still be affected by the Volatility of equities during a turbulent market condition. Diversified funds are good for investors who are not willing to take much risk to invest in small stocks, but nevertheless wants a kick of extra high return from emerging stocks. One should invest in diversified equity funds in case person has low to moderate risk profile.
To make the process of selecting a good diversified equity fund easy, we have listed essential parameters, along with some pre-selected top & best diversified equity funds – that investors can take into account during their investing journey.
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Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2022 (%) Nippon India Multi Cap Fund Growth ₹205.548
↑ 1.86 ₹18,974 17 26.1 31.3 34.8 16.6 14.1 HDFC Equity Fund Growth ₹1,304.66
↑ 2.16 ₹38,266 10.4 16 21.6 29.7 14.9 18.3 Mahindra Badhat Yojana Growth ₹24.6586
↑ 0.18 ₹1,988 15.5 22.7 23 29 17.3 1.6 Franklin India Equity Fund Growth ₹1,138.29
↑ 4.70 ₹11,699 11.8 17.5 18.7 26.9 13.1 5.3 Baroda Pioneer Multi Cap Fund Growth ₹196.569
↑ 1.28 ₹1,872 10.5 15.9 18.5 26 14 -3 ICICI Prudential Multicap Fund Growth ₹541.01
↑ 2.50 ₹8,422 12 17.8 21.2 25.3 12.5 4.7 Principal Multi Cap Growth Fund Growth ₹268.992
↑ 1.24 ₹2,068 11.4 16 13.7 25.1 12.7 -1.6 Invesco India Multicap Fund Growth ₹90.06
↑ 0.28 ₹2,695 11.2 17 18.7 23.8 11.8 -2.2 Parag Parikh Long Term Equity Fund Growth ₹56.4604
↑ 0.12 ₹39,848 6.5 14.8 15.1 22.2 17.3 -7.2 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 22 Aug 23 multicap
mutual funds with AUM/Net Assets > 500 Crore
, sorted on 3 Year CAGR Returns
.
(Erstwhile Reliance Equity Opportunities Fund) The primary investment objective of the scheme is to seek to generate capital appreciation & provide long-term growth opportunities by investing in a portfolio constituted of equity securities & equity related securities and the secondary objective is to generate consistent returns by investing in debt and money market securities. Nippon India Multi Cap Fund is a Equity - Multi Cap fund was launched on 28 Mar 05. It is a fund with Moderately High risk and has given a Below is the key information for Nippon India Multi Cap Fund Returns up to 1 year are on Aims at providing capital appreciation through investments predominantly in equity oriented securities HDFC Equity Fund is a Equity - Multi Cap fund was launched on 1 Jan 95. It is a fund with Moderately High risk and has given a Below is the key information for HDFC Equity Fund Returns up to 1 year are on The investment objective of the Scheme is to provide medium to long term capital appreciation through appropriate diversification and taking low risk on business quality. The diversified portfolio would predominantly consist of equity and equity related securities including derivatives. However, there can be no assurance that the investment objective of the Scheme will be achieved. Mahindra Badhat Yojana is a Equity - Multi Cap fund was launched on 11 May 17. It is a fund with Moderately High risk and has given a Below is the key information for Mahindra Badhat Yojana Returns up to 1 year are on (Erstwhile Franklin India Prima Plus) The investment objective of Prima Plus is to provide growth of capital plus regular dividend through a diversified portfolio of equities, fixed income securities and money market instruments. Franklin India Equity Fund is a Equity - Multi Cap fund was launched on 29 Sep 94. It is a fund with Moderately High risk and has given a Below is the key information for Franklin India Equity Fund Returns up to 1 year are on (Erstwhile Baroda Pioneer Growth Fund) To generate long term capital appreciation from an actively managed portfolio of equity & equity related instruments. Baroda Pioneer Multi Cap Fund is a Equity - Multi Cap fund was launched on 12 Sep 03. It is a fund with Moderately High risk and has given a Below is the key information for Baroda Pioneer Multi Cap Fund Returns up to 1 year are on To generate capital appreciation through investments in equity and equity related securities in core sectors and associated feeder industries. ICICI Prudential Multicap Fund is a Equity - Multi Cap fund was launched on 1 Oct 94. It is a fund with Moderately High risk and has given a Below is the key information for ICICI Prudential Multicap Fund Returns up to 1 year are on (Erstwhile Principal Growth Fund) The primary investment objective of the scheme is to achieve long-term capital appreciation. Principal Multi Cap Growth Fund is a Equity - Multi Cap fund was launched on 25 Oct 00. It is a fund with Moderately High risk and has given a Below is the key information for Principal Multi Cap Growth Fund Returns up to 1 year are on (Erstwhile Invesco India Mid N Small Cap Fund) The investment objective of the Scheme is to provide long term capital appreciation by investing in a portfolio that is predominantly constituted of equity and equity related instruments of mid and small cap companies. Invesco India Multicap Fund is a Equity - Multi Cap fund was launched on 17 Mar 08. It is a fund with Moderately High risk and has given a Below is the key information for Invesco India Multicap Fund Returns up to 1 year are on (Erstwhile Parag Parikh Long Term Value Fund) The investment objective of the scheme is to seek to generate long-term capital growth from an actively managed portfolio primarily of equity and equity related securities. Parag Parikh Long Term Equity Fund is a Equity - Multi Cap fund was launched on 24 May 13. It is a fund with Moderately High risk and has given a Below is the key information for Parag Parikh Long Term Equity Fund Returns up to 1 year are on 1. Nippon India Multi Cap Fund
CAGR/Annualized
return of 17.9% since its launch. Ranked 63 in Multi Cap
category. Return for 2022 was 14.1% , 2021 was 48.9% and 2020 was 0% . Nippon India Multi Cap Fund
Growth Launch Date 28 Mar 05 NAV (22 Aug 23) ₹205.548 ↑ 1.86 (0.91 %) Net Assets (Cr) ₹18,974 on 31 Jul 23 Category Equity - Multi Cap AMC Nippon Life Asset Management Ltd. Rating ☆☆ Risk Moderately High Expense Ratio 1.88 Sharpe Ratio 2.05 Information Ratio 1.33 Alpha Ratio 10.87 Min Investment 5,000 Min SIP Investment 100 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Aug 18 ₹10,000 31 Aug 19 ₹9,018 31 Aug 20 ₹8,523 31 Aug 21 ₹14,161 31 Aug 22 ₹16,495 31 Aug 23 ₹21,411 Returns for Nippon India Multi Cap Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 22 Aug 23 Duration Returns 1 Month 4.3% 3 Month 17% 6 Month 26.1% 1 Year 31.3% 3 Year 34.8% 5 Year 16.6% 10 Year 15 Year Since launch 17.9% Historical performance (Yearly) on absolute basis
Year Returns 2022 14.1% 2021 48.9% 2020 0% 2019 2.2% 2018 -2.2% 2017 40.9% 2016 -6.7% 2015 0.5% 2014 59.7% 2013 4.6% Fund Manager information for Nippon India Multi Cap Fund
Name Since Tenure Sailesh Raj Bhan 31 Mar 05 18.43 Yr. Ashutosh Bhargava 1 Sep 21 2 Yr. Kinjal Desai 25 May 18 5.27 Yr. Akshay Sharma 1 Dec 22 0.75 Yr. Data below for Nippon India Multi Cap Fund as on 31 Jul 23
Equity Sector Allocation
Sector Value Financial Services 28.99% Consumer Cyclical 19.65% Industrials 18.85% Health Care 9.2% Basic Materials 6.18% Communication Services 4.24% Utility 4.14% Technology 3.19% Consumer Defensive 2.85% Energy 1.91% Asset Allocation
Asset Class Value Cash 0.62% Equity 99.38% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 10 | HDFCBANK7% ₹1,320 Cr 8,400,448
↑ 830,000 Linde India Ltd (Basic Materials)
Equity, Since 31 May 13 | 5234575% ₹1,063 Cr 1,695,598
↓ -48,684 EIH Ltd Shs Dematerialised (Consumer Cyclical)
Equity, Since 31 Jul 14 | 5008403% ₹693 Cr 27,847,078
↑ 2,977,160 Axis Bank Ltd (Financial Services)
Equity, Since 31 Jan 15 | 5322153% ₹584 Cr 6,000,121 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK3% ₹575 Cr 6,000,000
↓ -1,000,000 Kennametal India Ltd (Industrials)
Equity, Since 31 Mar 13 | KENNAMET3% ₹571 Cr 2,023,379
↓ -2,863 Vesuvius India Ltd (Industrials)
Equity, Since 30 Sep 17 | VESUVIUS3% ₹558 Cr 1,626,602
↓ -30,123 HDFC Asset Management Co Ltd (Financial Services)
Equity, Since 31 Mar 23 | HDFCAMC3% ₹525 Cr 2,080,747 Indian Hotels Co Ltd (Consumer Cyclical)
Equity, Since 31 May 14 | 5008503% ₹505 Cr 12,000,000 State Bank of India (Financial Services)
Equity, Since 31 Mar 05 | SBIN2% ₹494 Cr 8,800,000 2. HDFC Equity Fund
CAGR/Annualized
return of 18.5% since its launch. Ranked 34 in Multi Cap
category. Return for 2022 was 18.3% , 2021 was 36.2% and 2020 was 6.4% . HDFC Equity Fund
Growth Launch Date 1 Jan 95 NAV (22 Aug 23) ₹1,304.66 ↑ 2.16 (0.17 %) Net Assets (Cr) ₹38,266 on 31 Jul 23 Category Equity - Multi Cap AMC HDFC Asset Management Company Limited Rating ☆☆☆ Risk Moderately High Expense Ratio 1.7 Sharpe Ratio 1.47 Information Ratio 1.12 Alpha Ratio 7.34 Min Investment 5,000 Min SIP Investment 300 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Aug 18 ₹10,000 31 Aug 19 ₹9,342 31 Aug 20 ₹8,846 31 Aug 21 ₹13,908 31 Aug 22 ₹16,453 31 Aug 23 ₹19,676 Returns for HDFC Equity Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 22 Aug 23 Duration Returns 1 Month 1.5% 3 Month 10.4% 6 Month 16% 1 Year 21.6% 3 Year 29.7% 5 Year 14.9% 10 Year 15 Year Since launch 18.5% Historical performance (Yearly) on absolute basis
Year Returns 2022 18.3% 2021 36.2% 2020 6.4% 2019 6.8% 2018 -3.5% 2017 36.9% 2016 7.3% 2015 -5.1% 2014 53.8% 2013 3.8% Fund Manager information for HDFC Equity Fund
Name Since Tenure Roshi Jain 29 Jul 22 1.09 Yr. Dhruv Muchhal 22 Jun 23 0.19 Yr. Data below for HDFC Equity Fund as on 31 Jul 23
Equity Sector Allocation
Sector Value Financial Services 34.56% Technology 11.45% Health Care 11.07% Industrials 9.45% Utility 6.46% Communication Services 5.74% Consumer Cyclical 5.66% Energy 4.14% Real Estate 3.37% Basic Materials 0.27% Asset Allocation
Asset Class Value Cash 6.33% Equity 92.16% Debt 1.52% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 13 | HDFCBANK9% ₹3,614 Cr 23,000,000
↑ 2,300,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK9% ₹3,576 Cr 37,300,000
↑ 1,500,000 NTPC Ltd Shs Dematerialised (Utilities)
Equity, Since 30 Nov 16 | 5325555% ₹1,961 Cr 89,000,000
↑ 500,000 Cipla Ltd Shs Dematerialised (Healthcare)
Equity, Since 30 Sep 12 | 5000875% ₹1,937 Cr 15,400,000
↑ 400,000 State Bank of India (Financial Services)
Equity, Since 31 Jan 03 | SBIN5% ₹1,909 Cr 34,000,000
↑ 500,000 HCL Technologies Ltd (Technology)
Equity, Since 30 Sep 20 | HCLTECH5% ₹1,823 Cr 15,550,000
↑ 550,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Aug 20 | BHARTIARTL4% ₹1,713 Cr 20,000,000
↑ 875,000 Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 31 Dec 20 | M&M4% ₹1,686 Cr 10,700,000 Hindustan Aeronautics Ltd Ordinary Shares (Industrials)
Equity, Since 31 Aug 20 | HAL4% ₹1,638 Cr 4,200,000 Infosys Ltd (Technology)
Equity, Since 31 Oct 08 | INFY4% ₹1,579 Cr 11,000,000
↓ -1,300,000 3. Mahindra Badhat Yojana
CAGR/Annualized
return of 15.4% since its launch. Return for 2022 was 1.6% , 2021 was 50.8% and 2020 was 16.6% . Mahindra Badhat Yojana
Growth Launch Date 11 May 17 NAV (22 Aug 23) ₹24.6586 ↑ 0.18 (0.73 %) Net Assets (Cr) ₹1,988 on 31 Jul 23 Category Equity - Multi Cap AMC Mahindra Asset Management Company Pvt. Ltd. Rating Risk Moderately High Expense Ratio 2.29 Sharpe Ratio 1.3 Information Ratio 0.04 Alpha Ratio 2.76 Min Investment 1,000 Min SIP Investment 500 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Aug 18 ₹10,000 31 Aug 19 ₹9,279 31 Aug 20 ₹10,264 31 Aug 21 ₹17,450 31 Aug 22 ₹18,496 31 Aug 23 ₹22,401 Returns for Mahindra Badhat Yojana
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 22 Aug 23 Duration Returns 1 Month 3.7% 3 Month 15.5% 6 Month 22.7% 1 Year 23% 3 Year 29% 5 Year 17.3% 10 Year 15 Year Since launch 15.4% Historical performance (Yearly) on absolute basis
Year Returns 2022 1.6% 2021 50.8% 2020 16.6% 2019 13.8% 2018 -9.9% 2017 2016 2015 2014 2013 Fund Manager information for Mahindra Badhat Yojana
Name Since Tenure Manish Lodha 21 Dec 20 2.7 Yr. Fatema Pacha 16 Oct 20 2.88 Yr. Data below for Mahindra Badhat Yojana as on 31 Jul 23
Equity Sector Allocation
Sector Value Industrials 24.71% Financial Services 24.11% Consumer Cyclical 14.47% Technology 11.75% Health Care 5.2% Energy 4.98% Basic Materials 4.73% Consumer Defensive 2.92% Utility 1.45% Communication Services 1.23% Real Estate 1.21% Asset Allocation
Asset Class Value Cash 3.23% Equity 96.77% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Aug 22 | HDFCBANK7% ₹152 Cr 968,400 Reliance Industries Ltd (Energy)
Equity, Since 28 Feb 23 | RELIANCE4% ₹85 Cr 353,000 Tech Mahindra Ltd (Technology)
Equity, Since 31 Dec 21 | 5327553% ₹66 Cr 551,000 Titagarh Rail Systems Ltd (Industrials)
Equity, Since 31 Mar 23 | 5329663% ₹64 Cr 780,823
↓ -110,000 Birlasoft Ltd (Technology)
Equity, Since 30 Nov 22 | BSOFT2% ₹51 Cr 1,006,991 Kajaria Ceramics Ltd (Industrials)
Equity, Since 31 May 23 | 5002332% ₹49 Cr 335,680 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jul 23 | ICICIBANK2% ₹48 Cr 500,000 Divi's Laboratories Ltd (Healthcare)
Equity, Since 30 Apr 23 | DIVISLAB2% ₹46 Cr 127,500
↑ 30,000 Piramal Enterprises Ltd (Financial Services)
Equity, Since 31 Jul 23 | 5003022% ₹44 Cr 417,924 Titan Co Ltd (Consumer Cyclical)
Equity, Since 30 Apr 23 | TITAN2% ₹43 Cr 140,000 4. Franklin India Equity Fund
CAGR/Annualized
return of 17.8% since its launch. Ranked 50 in Multi Cap
category. Return for 2022 was 5.3% , 2021 was 40.3% and 2020 was 16% . Franklin India Equity Fund
Growth Launch Date 29 Sep 94 NAV (22 Aug 23) ₹1,138.29 ↑ 4.70 (0.41 %) Net Assets (Cr) ₹11,699 on 31 Jul 23 Category Equity - Multi Cap AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 1.84 Sharpe Ratio 1.21 Information Ratio 0.73 Alpha Ratio 4.32 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Aug 18 ₹10,000 31 Aug 19 ₹8,701 31 Aug 20 ₹8,980 31 Aug 21 ₹14,530 31 Aug 22 ₹15,771 31 Aug 23 ₹18,423 Returns for Franklin India Equity Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 22 Aug 23 Duration Returns 1 Month 2.3% 3 Month 11.8% 6 Month 17.5% 1 Year 18.7% 3 Year 26.9% 5 Year 13.1% 10 Year 15 Year Since launch 17.8% Historical performance (Yearly) on absolute basis
Year Returns 2022 5.3% 2021 40.3% 2020 16% 2019 3.3% 2018 -4.4% 2017 30.6% 2016 5% 2015 4.4% 2014 56.8% 2013 5.5% Fund Manager information for Franklin India Equity Fund
Name Since Tenure Anand Radhakrishnan 1 Feb 11 12.59 Yr. R. Janakiraman 1 Feb 11 12.59 Yr. Sandeep Manam 18 Oct 21 1.87 Yr. Data below for Franklin India Equity Fund as on 31 Jul 23
Equity Sector Allocation
Sector Value Financial Services 28.01% Industrials 12.64% Consumer Cyclical 12.18% Technology 9.58% Consumer Defensive 9.27% Basic Materials 6.48% Utility 4.44% Communication Services 4.37% Energy 3.61% Health Care 0.93% Asset Allocation
Asset Class Value Cash 8.5% Equity 91.5% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jan 10 | ICICIBANK8% ₹959 Cr 10,000,000 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 11 | HDFCBANK7% ₹864 Cr 5,500,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Aug 13 | LT6% ₹649 Cr 2,400,000 Infosys Ltd (Technology)
Equity, Since 29 Feb 12 | INFY5% ₹603 Cr 4,200,000 Axis Bank Ltd (Financial Services)
Equity, Since 30 Jun 14 | 5322155% ₹565 Cr 5,800,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 28 Feb 06 | BHARTIARTL4% ₹514 Cr 6,000,000 United Spirits Ltd Shs Dematerialised (Consumer Defensive)
Equity, Since 31 Aug 19 | MCDOWELL-N3% ₹357 Cr 3,540,000 State Bank of India (Financial Services)
Equity, Since 31 Aug 15 | SBIN3% ₹356 Cr 6,350,000 HCL Technologies Ltd (Technology)
Equity, Since 31 Dec 13 | HCLTECH3% ₹328 Cr 2,800,000 Grasim Industries Ltd (Basic Materials)
Equity, Since 31 Jan 19 | GRASIM3% ₹308 Cr 1,720,000 5. Baroda Pioneer Multi Cap Fund
CAGR/Annualized
return of 16.1% since its launch. Ranked 37 in Multi Cap
category. Return for 2022 was -3% , 2021 was 47.9% and 2020 was 19.5% . Baroda Pioneer Multi Cap Fund
Growth Launch Date 12 Sep 03 NAV (22 Aug 23) ₹196.569 ↑ 1.28 (0.66 %) Net Assets (Cr) ₹1,872 on 31 Jul 23 Category Equity - Multi Cap AMC Baroda Pioneer Asset Management Co. Ltd. Rating ☆☆☆ Risk Moderately High Expense Ratio 2.37 Sharpe Ratio 1.31 Information Ratio -0.34 Alpha Ratio 2.14 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-365 Days (1%),365 Days and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Aug 18 ₹10,000 31 Aug 19 ₹9,025 31 Aug 20 ₹9,426 31 Aug 21 ₹15,582 31 Aug 22 ₹16,415 31 Aug 23 ₹19,178 Returns for Baroda Pioneer Multi Cap Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 22 Aug 23 Duration Returns 1 Month 1.1% 3 Month 10.5% 6 Month 15.9% 1 Year 18.5% 3 Year 26% 5 Year 14% 10 Year 15 Year Since launch 16.1% Historical performance (Yearly) on absolute basis
Year Returns 2022 -3% 2021 47.9% 2020 19.5% 2019 8.9% 2018 -11.9% 2017 36.8% 2016 2.3% 2015 -1.6% 2014 46.5% 2013 3.6% Fund Manager information for Baroda Pioneer Multi Cap Fund
Name Since Tenure Sanjay Chawla 1 Nov 15 7.84 Yr. Sandeep Jain 14 Mar 22 1.47 Yr. Data below for Baroda Pioneer Multi Cap Fund as on 31 Jul 23
Equity Sector Allocation
Sector Value Financial Services 17.32% Consumer Cyclical 16.76% Technology 11.72% Health Care 11.11% Basic Materials 10.16% Industrials 9.9% Consumer Defensive 6.3% Utility 4.33% Energy 3.2% Real Estate 2.85% Communication Services 2.51% Asset Allocation
Asset Class Value Cash 3.84% Equity 96.16% Other 0% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jan 17 | ICICIBANK4% ₹83 Cr 864,815 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 17 | HDFCBANK4% ₹70 Cr 444,736
↑ 219,736 Reliance Industries Ltd (Energy)
Equity, Since 31 Oct 21 | RELIANCE3% ₹60 Cr 250,000 J.B. Chemicals & Pharmaceuticals Ltd Shs Dematerialised (Healthcare)
Equity, Since 30 Jun 21 | JBCHEPHARM3% ₹51 Cr 184,084
↓ -25,000 Indian Hotels Co Ltd (Consumer Cyclical)
Equity, Since 31 Oct 22 | 5008503% ₹51 Cr 1,200,000
↑ 100,000 IndusInd Bank Ltd (Financial Services)
Equity, Since 31 Jul 21 | INDUSINDBK2% ₹45 Cr 325,000
↑ 30,000 Zomato Ltd (Consumer Cyclical)
Equity, Since 31 May 23 | 5433202% ₹44 Cr 4,500,000 Rainbow Childrens Medicare Ltd (Healthcare)
Equity, Since 30 Apr 22 | 5435242% ₹43 Cr 403,345
↓ -40,000 CIE Automotive India Ltd (Consumer Cyclical)
Equity, Since 28 Feb 23 | 5327562% ₹42 Cr 804,188 Coforge Ltd (Technology)
Equity, Since 31 Jan 23 | COFORGE2% ₹40 Cr 73,748 6. ICICI Prudential Multicap Fund
CAGR/Annualized
return of 14.8% since its launch. Ranked 49 in Multi Cap
category. Return for 2022 was 4.7% , 2021 was 36.4% and 2020 was 9.2% . ICICI Prudential Multicap Fund
Growth Launch Date 1 Oct 94 NAV (22 Aug 23) ₹541.01 ↑ 2.50 (0.46 %) Net Assets (Cr) ₹8,422 on 31 Jul 23 Category Equity - Multi Cap AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆ Risk Moderately High Expense Ratio 1.95 Sharpe Ratio 1.49 Information Ratio -0.28 Alpha Ratio 4.13 Min Investment 5,000 Min SIP Investment 100 Exit Load 0-18 Months (1%),18 Months and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Aug 18 ₹10,000 31 Aug 19 ₹8,970 31 Aug 20 ₹8,869 31 Aug 21 ₹14,130 31 Aug 22 ₹14,959 31 Aug 23 ₹17,878 Returns for ICICI Prudential Multicap Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 22 Aug 23 Duration Returns 1 Month 1.8% 3 Month 12% 6 Month 17.8% 1 Year 21.2% 3 Year 25.3% 5 Year 12.5% 10 Year 15 Year Since launch 14.8% Historical performance (Yearly) on absolute basis
Year Returns 2022 4.7% 2021 36.4% 2020 9.2% 2019 6% 2018 0.2% 2017 28% 2016 10.1% 2015 3.1% 2014 49.8% 2013 6.4% Fund Manager information for ICICI Prudential Multicap Fund
Name Since Tenure Sankaran Naren 1 Jul 22 1.17 Yr. Anand Sharma 1 Jul 22 1.17 Yr. Sharmila D’mello 31 Jul 22 1.09 Yr. Data below for ICICI Prudential Multicap Fund as on 31 Jul 23
Equity Sector Allocation
Sector Value Financial Services 20.89% Industrials 14.8% Consumer Cyclical 13.1% Energy 10.46% Communication Services 7.58% Health Care 6.12% Technology 5.95% Consumer Defensive 5.92% Utility 4.86% Basic Materials 3.18% Real Estate 0.51% Asset Allocation
Asset Class Value Cash 5.5% Equity 94.28% Debt 0% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | ICICIBANK6% ₹495 Cr 5,161,681 Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 30 Sep 22 | MARUTI3% ₹269 Cr 269,004
↑ 92,548 Reliance Industries Ltd (Energy)
Equity, Since 31 Oct 20 | RELIANCE3% ₹266 Cr 1,105,577 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Oct 18 | BHARTIARTL2% ₹205 Cr 2,396,743
↑ 73,497 Infosys Ltd (Technology)
Equity, Since 31 Oct 18 | INFY2% ₹204 Cr 1,423,366
↓ -891,486 Sun Pharmaceuticals Industries Ltd (Healthcare)
Equity, Since 30 Apr 17 | SUNPHARMA2% ₹202 Cr 1,814,883 NTPC Ltd (Utilities)
Equity, Since 31 Oct 22 | 5325552% ₹187 Cr 8,504,099
↓ -1,500,000 Oil India Ltd (Energy)
Equity, Since 30 Sep 22 | OIL2% ₹184 Cr 6,754,373
↑ 314,892 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | HDFCBANK2% ₹184 Cr 1,170,241 Cummins India Ltd (Industrials)
Equity, Since 31 Jan 22 | 5004802% ₹171 Cr 1,000,004
↑ 533,154 7. Principal Multi Cap Growth Fund
CAGR/Annualized
return of 15.5% since its launch. Ranked 12 in Multi Cap
category. Return for 2022 was -1.6% , 2021 was 46.3% and 2020 was 15% . Principal Multi Cap Growth Fund
Growth Launch Date 25 Oct 00 NAV (22 Aug 23) ₹268.992 ↑ 1.24 (0.46 %) Net Assets (Cr) ₹2,068 on 31 Jul 23 Category Equity - Multi Cap AMC Principal Pnb Asset Mgmt. Co. Priv. Ltd. Rating ☆☆☆☆ Risk Moderately High Expense Ratio 2.16 Sharpe Ratio 0.83 Information Ratio -0.76 Alpha Ratio -2.82 Min Investment 5,000 Min SIP Investment 100 Exit Load 0-365 Days (1%),365 Days and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Aug 18 ₹10,000 31 Aug 19 ₹8,720 31 Aug 20 ₹9,063 31 Aug 21 ₹14,961 31 Aug 22 ₹16,160 31 Aug 23 ₹18,107 Returns for Principal Multi Cap Growth Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 22 Aug 23 Duration Returns 1 Month 1.8% 3 Month 11.4% 6 Month 16% 1 Year 13.7% 3 Year 25.1% 5 Year 12.7% 10 Year 15 Year Since launch 15.5% Historical performance (Yearly) on absolute basis
Year Returns 2022 -1.6% 2021 46.3% 2020 15% 2019 3.9% 2018 -8.7% 2017 48.7% 2016 6.4% 2015 2.8% 2014 49.4% 2013 8.3% Fund Manager information for Principal Multi Cap Growth Fund
Name Since Tenure Ratish Varier 1 Jan 22 1.67 Yr. Sudhir Kedia 1 Jan 22 1.67 Yr. Data below for Principal Multi Cap Growth Fund as on 31 Jul 23
Equity Sector Allocation
Sector Value Financial Services 26.74% Industrials 16.9% Consumer Cyclical 12.16% Basic Materials 8.91% Health Care 8.51% Technology 5.64% Consumer Defensive 5.42% Energy 3.54% Communication Services 3.53% Utility 3.18% Real Estate 1.38% Asset Allocation
Asset Class Value Cash 4.07% Equity 95.93% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 09 | HDFCBANK6% ₹118 Cr 748,743 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK5% ₹113 Cr 1,174,228 State Bank of India (Financial Services)
Equity, Since 30 Nov 08 | SBIN4% ₹75 Cr 1,332,380 Reliance Industries Ltd (Energy)
Equity, Since 31 Jan 05 | RELIANCE4% ₹74 Cr 308,999 KSB Ltd (Industrials)
Equity, Since 31 Jul 22 | KSB3% ₹57 Cr 203,234
↑ 3,782 Polycab India Ltd (Industrials)
Equity, Since 31 Dec 20 | POLYCAB3% ₹54 Cr 105,415
↓ -8,000 NTPC Ltd Shs Dematerialised (Utilities)
Equity, Since 31 Mar 23 | 5325553% ₹54 Cr 2,433,441 KEI Industries Ltd (Industrials)
Equity, Since 31 Dec 20 | KEI2% ₹52 Cr 190,288
↓ -15,000 Infosys Ltd (Technology)
Equity, Since 30 Apr 08 | INFY2% ₹49 Cr 344,069 AAVAS Financiers Ltd (Financial Services)
Equity, Since 31 Dec 22 | AAVAS2% ₹47 Cr 288,041 8. Invesco India Multicap Fund
CAGR/Annualized
return of 15.3% since its launch. Ranked 37 in Multi Cap
category. Return for 2022 was -2.2% , 2021 was 40.7% and 2020 was 18.8% . Invesco India Multicap Fund
Growth Launch Date 17 Mar 08 NAV (22 Aug 23) ₹90.06 ↑ 0.28 (0.31 %) Net Assets (Cr) ₹2,695 on 31 Jul 23 Category Equity - Multi Cap AMC Invesco Asset Management (India) Private Ltd Rating ☆☆ Risk Moderately High Expense Ratio 2.09 Sharpe Ratio 1.37 Information Ratio -0.73 Alpha Ratio 2.68 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Aug 18 ₹10,000 31 Aug 19 ₹8,384 31 Aug 20 ₹8,902 31 Aug 21 ₹14,681 31 Aug 22 ₹14,801 31 Aug 23 ₹17,277 Returns for Invesco India Multicap Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 22 Aug 23 Duration Returns 1 Month 1.2% 3 Month 11.2% 6 Month 17% 1 Year 18.7% 3 Year 23.8% 5 Year 11.8% 10 Year 15 Year Since launch 15.3% Historical performance (Yearly) on absolute basis
Year Returns 2022 -2.2% 2021 40.7% 2020 18.8% 2019 4.6% 2018 -12.5% 2017 46.2% 2016 0.7% 2015 6.7% 2014 72.1% 2013 11.2% Fund Manager information for Invesco India Multicap Fund
Name Since Tenure Amit Nigam 3 Sep 20 2.99 Yr. Pranav Gokhale 29 Mar 18 5.43 Yr. Data below for Invesco India Multicap Fund as on 31 Jul 23
Equity Sector Allocation
Sector Value Financial Services 27.76% Industrials 20.05% Consumer Cyclical 18.27% Technology 9.59% Basic Materials 6.53% Utility 5.48% Consumer Defensive 5.15% Health Care 4.17% Asset Allocation
Asset Class Value Cash 3% Equity 97% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | ICICIBANK5% ₹132 Cr 1,374,026 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Nov 22 | HDFCBANK5% ₹126 Cr 803,240 Infosys Ltd (Technology)
Equity, Since 31 Mar 22 | INFY5% ₹125 Cr 871,191 J.B. Chemicals & Pharmaceuticals Ltd Shs Dematerialised (Healthcare)
Equity, Since 30 Sep 20 | JBCHEPHARM3% ₹73 Cr 264,410 Indian Bank (Financial Services)
Equity, Since 30 Jun 21 | 5328142% ₹65 Cr 1,713,818 The Federal Bank Ltd (Financial Services)
Equity, Since 30 Nov 22 | FEDERALBNK2% ₹61 Cr 4,216,640 NTPC Ltd Shs Dematerialised (Utilities)
Equity, Since 30 Jun 22 | 5325552% ₹60 Cr 2,737,131 KEI Industries Ltd (Industrials)
Equity, Since 31 Dec 22 | KEI2% ₹59 Cr 217,869 Ratnamani Metals & Tubes Ltd (Basic Materials)
Equity, Since 30 Jun 21 | RATNAMANI2% ₹59 Cr 222,536 Cholamandalam Investment and Finance Co Ltd (Financial Services)
Equity, Since 30 Apr 21 | CHOLAFIN2% ₹57 Cr 511,569 9. Parag Parikh Long Term Equity Fund
CAGR/Annualized
return of 18.4% since its launch. Ranked 34 in Multi Cap
category. Return for 2022 was -7.2% , 2021 was 45.5% and 2020 was 32.3% . Parag Parikh Long Term Equity Fund
Growth Launch Date 24 May 13 NAV (22 Aug 23) ₹56.4604 ↑ 0.12 (0.21 %) Net Assets (Cr) ₹39,848 on 31 Jul 23 Category Equity - Multi Cap AMC PPFAS Asset Management Pvt. Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 1.73 Sharpe Ratio 1.59 Information Ratio 0.03 Alpha Ratio 8.15 Min Investment 1,000 Min SIP Investment 1,000 Exit Load 0-365 Days (2%),365-730 Days (1%),730 Days and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Aug 18 ₹10,000 31 Aug 19 ₹9,551 31 Aug 20 ₹12,038 31 Aug 21 ₹18,563 31 Aug 22 ₹18,694 31 Aug 23 ₹22,148 Returns for Parag Parikh Long Term Equity Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 22 Aug 23 Duration Returns 1 Month -0.2% 3 Month 6.5% 6 Month 14.8% 1 Year 15.1% 3 Year 22.2% 5 Year 17.3% 10 Year 15 Year Since launch 18.4% Historical performance (Yearly) on absolute basis
Year Returns 2022 -7.2% 2021 45.5% 2020 32.3% 2019 14.4% 2018 -0.4% 2017 29.4% 2016 3.3% 2015 8.9% 2014 44.8% 2013 Fund Manager information for Parag Parikh Long Term Equity Fund
Name Since Tenure Raj Mehta 27 Jan 16 7.6 Yr. Rajeev Thakkar 24 May 13 10.28 Yr. Raunak Onkar 24 May 13 10.28 Yr. Rukun Tarachandani 16 May 22 1.3 Yr. Data below for Parag Parikh Long Term Equity Fund as on 31 Jul 23
Equity Sector Allocation
Sector Value Financial Services 33.86% Technology 12.3% Consumer Cyclical 8.89% Communication Services 8.72% Consumer Defensive 6.68% Energy 5.22% Utility 4.92% Health Care 3.9% Basic Materials 1.95% Asset Allocation
Asset Class Value Cash 13.33% Equity 86.45% Debt 0.22% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 23 | HDFCBANK8% ₹3,266 Cr 20,785,442
↑ 1,490,000 Bajaj Holdings and Investment Ltd (Financial Services)
Equity, Since 31 Oct 16 | BAJAJHLDNG7% ₹2,820 Cr 3,792,104
↑ 123,512 ITC Ltd (Consumer Defensive)
Equity, Since 31 Mar 20 | ITC7% ₹2,669 Cr 60,698,959 Axis Bank Ltd (Financial Services)
Equity, Since 30 Jun 13 | 5322156% ₹2,288 Cr 23,499,955
↑ 575,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 14 | ICICIBANK5% ₹2,232 Cr 23,284,043
↑ 1,118,145 Coal India Ltd (Energy)
Equity, Since 31 May 22 | COALINDIA5% ₹2,120 Cr 92,160,093
↑ 5,384,694 HCL Technologies Ltd (Technology)
Equity, Since 31 Jan 21 | HCLTECH5% ₹2,111 Cr 18,010,620 Alphabet Inc Class A (Communication Services)
Equity, Since 31 May 21 | GOOGL5% ₹2,108 Cr 1,869,987 Power Grid Corp Of India Ltd (Utilities)
Equity, Since 30 Sep 21 | 5328985% ₹2,007 Cr 82,068,995
↑ 1,250,000 Microsoft Corp (Technology)
Equity, Since 30 Apr 20 | MSFT5% ₹1,987 Cr 732,274
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An ideal diversified fund should pass through the below mentioned parameters:
One of the most basic forms of benchmarking involves comparing a fund within the similar category. When evaluating a Large cap fund, you should compare its returns with other matching large cap diversified equity funds. Comparing it with mid-cap diversified equity funds will not give an accurate result as the risk and reward relation between both large cap & mid cap funds are not comparable. Diversified funds, as the same goes invest across market caps and hence one should compare them with funds with a similar mandate.
An additional Factor in evaluating a diversified fund is the timeframe. As equities are equipped to deliver returns over longer time frames (above 5 years), investments in diversified funds should be made for a long-term period. Evaluating a diversified fund over a longer time frame will help you to gauge its performance during a boom-and-bust cycle. Investors can analyze the consistency of the returns of a diversified fund by reviewing its performances during different market phases along with the category average. Having said this, establishing the correct Peer Group is important, this forms the Basis for comparison for returns, volatility and thus helps in final funds selection.
It is compulsory for every diversified fund to mention a benchmark index in its offer document. This benchmark index is an indicator to judge if the diversified fund has performed well. While evaluating the performance of a diversified fund, investors should take into account longer time cycles of 3 years, 5 years or even 10 years. Those funds that outperform their benchmark indices constantly, should be considered for investment.
Apart from the benchmark index evaluation, investors should also evaluate the historical performance of a fund. In the long term, many diversified funds tend to plunge during the market downturn and even below their benchmark indices and category average. Only a few tend to sustain their performances in all market conditions. Picking a fund that performs well in upturns and downturns well is important, else you will end up with a fund that may do well, but only to see later that all returns get wiped out in a downturn.Thus, an investor should make sure that they include the most consistent performers in their Portfolio.
Before investing, one must do a risk-return analysis of a diversified fund. To do so, one must look at some of the important ratios, such as:
Alpha is a measure of diversified fund’s performance on a risk-adjusted basis. It measures on how much the fund or stock has performed in the general market on a risk adjusted basis. A positive alpha of 1 means that the fund has outperformed its benchmark index by 1%, while a negative alpha of -1 would indicate that the fund has produced 1% lower returns than its market benchmark. So, basically, an investor’s strategy should be to buy securities or mutual funds with positive alpha.
Beta measures volatility of a diversified fund compared to its benchmark index. Beta is denoted in positive or negative figures. A beta of 1 signifies that the stock’s price or mutual fund NAV moves in line with the market. A beta of a greater than 1 designates that the stock is riskier than the market, and a beta of less than 1 means that the stock is less risky than the market. So, lower beta is better in a falling market. In a rising market, high-beta is better.
SD is a statistical measure representing the volatility or risk in a fund. The higher the SD, higher will be the fluctuations in the returns. Ideally, investors look for funds with a lower Standard Deviation.
Sharpe Ratio measures returns (both negative & positive) with respect to the risk taken. Here the risk is defined by the Standard Deviation. A higher Sharpe ratio means, a higher return without too much risk. Thus, while investing, investors should choose a diversified fund that shows a higher Sharpe Ratio. Again, it is advisable for an investor to evaluate the SD and SR of a diversified fund on a historical basis so as to pick the most consistent performers.
Relevant and useful .