+91-22-48913909Best Multicap Equity Mutual Funds To Invest In 2026
Diversified Multicap funds or more correctly diversified Equity 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 multicap funds. As,
Diversified multicap funds invest across market caps such as – large cap, mid cap & small cap, they master in balancing the Portfolio. By investing in the best diversified multicap 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. To make the process of selecting a good diversified multicap equity fund easy, we have listed top 4 best multi-cap equity funds – that investors can take into account during their investing journey.
Who Should Invest in Multi Cap Funds?
Investors who want to invest in equities, but don’t want to take a very high-risk can ideally prefer this fund. Since, this fund invests across the market cap, it gives a good diversification to the portfolio. Also, investors who are not well-versed with the technique of Asset Allocation with respect to investments can also put a part of their funds here. The performance of this fund vastly depends on the fund manager's intelligence and knowledge on how he picks the stock as per the market conditions. Thus, an investor should check on the fund manager's past experiences and the performances of the fund managed by him. Investors who want to invest to begin their investment in equities, can start from the diversified fund.
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How to Choose Multi Cap Mutual Fund
Before investing in multi-cap funds it is advisable to look at the qualitative and quantitative factors of the scheme.
a. Qualitative Factors
Qualitative factors like knowing your fund manager and the reputation of the fund house is important. In multi-cap fund, the fund manager’s view determines the fund’s performance. One should check the past record of the fund manager and the fund’s past performances (managed by him), especially in the tough market phase. Choosing a fund from a quality and well-known fund house is important. Look if the fund house has a long track record, large Asset Under Management (AUM), stared funds, etc.
b. Quantitative Factors
Quantitative factors like fund performance, the size of the fund is one of the key factors to be looked at. An investor needs to go for a fund that consistently beats its benchmark for over 4-5 years. The size of the fund should neither be too big nor too small. It’s advisable to go for a fund whose AUM is approximately same as the category.
Fund Selection Methodology used to find 8 funds
Top 8 Best Performing Diversified Multicap Mutual Funds 2026
Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2024 (%) Kotak Standard Multicap Fund Growth ₹84.14
↑ 0.12 ₹50,146 -3.3 -4 4.9 15.4 13.1 9.5 Mirae Asset India Equity Fund Growth ₹109.388
↑ 0.58 ₹35,343 -3.9 -6.7 1.5 11.4 10.6 10.2 Motilal Oswal Multicap 35 Fund Growth ₹56.533
↑ 0.14 ₹11,679 -2.2 -10.5 -1.9 20.1 12.4 -5.6 BNP Paribas Multi Cap Fund Growth ₹73.5154
↓ -0.01 ₹588 -4.6 -2.6 19.3 17.3 13.6 Aditya Birla Sun Life Equity Fund Growth ₹1,834.9
↑ 4.91 ₹23,018 0.1 -2.4 7.2 17.6 13.6 11.2 Bandhan Focused Equity Fund Growth ₹87.913
↓ -0.20 ₹1,810 3.6 -3.6 6.8 18.3 13.9 -1.6 SBI Magnum Multicap Fund Growth ₹106.001
↓ -0.51 ₹20,626 -3.2 -6.1 1.3 11.1 10.7 5.5 JM Multicap Fund Growth ₹93.6515
↑ 0.54 ₹4,504 0.2 -6.6 -0.9 18.8 17.2 -6.8 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 29 Apr 26 Research Highlights & Commentary of 8 Funds showcased
Commentary Kotak Standard Multicap Fund Mirae Asset India Equity Fund Motilal Oswal Multicap 35 Fund BNP Paribas Multi Cap Fund Aditya Birla Sun Life Equity Fund Bandhan Focused Equity Fund SBI Magnum Multicap Fund JM Multicap Fund Point 1 Highest AUM (₹50,146 Cr). Top quartile AUM (₹35,343 Cr). Lower mid AUM (₹11,679 Cr). Bottom quartile AUM (₹588 Cr). Upper mid AUM (₹23,018 Cr). Bottom quartile AUM (₹1,810 Cr). Upper mid AUM (₹20,626 Cr). Lower mid AUM (₹4,504 Cr). Point 2 Established history (16+ yrs). Established history (18+ yrs). Established history (12+ yrs). Established history (20+ yrs). Oldest track record among peers (27 yrs). Established history (20+ yrs). Established history (20+ yrs). Established history (17+ yrs). Point 3 Top rated. Rating: 5★ (top quartile). Rating: 5★ (upper mid). Rating: 4★ (upper mid). Rating: 4★ (lower mid). Rating: 4★ (lower mid). Rating: 4★ (bottom quartile). Rating: 4★ (bottom quartile). Point 4 Risk profile: Moderately High. Risk profile: Moderately High. Risk profile: Moderately High. Risk profile: Moderately High. Risk profile: Moderately High. Risk profile: Moderately High. Risk profile: Moderately High. Risk profile: Moderately High. Point 5 5Y return: 13.07% (lower mid). 5Y return: 10.59% (bottom quartile). 5Y return: 12.41% (lower mid). 5Y return: 13.57% (upper mid). 5Y return: 13.61% (upper mid). 5Y return: 13.92% (top quartile). 5Y return: 10.73% (bottom quartile). 5Y return: 17.17% (top quartile). Point 6 3Y return: 15.35% (lower mid). 3Y return: 11.37% (bottom quartile). 3Y return: 20.07% (top quartile). 3Y return: 17.28% (lower mid). 3Y return: 17.64% (upper mid). 3Y return: 18.26% (upper mid). 3Y return: 11.08% (bottom quartile). 3Y return: 18.78% (top quartile). Point 7 1Y return: 4.95% (upper mid). 1Y return: 1.45% (lower mid). 1Y return: -1.85% (bottom quartile). 1Y return: 19.34% (top quartile). 1Y return: 7.17% (top quartile). 1Y return: 6.76% (upper mid). 1Y return: 1.29% (lower mid). 1Y return: -0.89% (bottom quartile). Point 8 Alpha: 2.09 (top quartile). Alpha: -0.90 (lower mid). Alpha: -8.96 (bottom quartile). Alpha: 0.00 (upper mid). Alpha: 2.66 (top quartile). Alpha: 0.08 (upper mid). Alpha: -1.49 (lower mid). Alpha: -6.15 (bottom quartile). Point 9 Sharpe: -0.34 (upper mid). Sharpe: -0.63 (lower mid). Sharpe: -1.03 (bottom quartile). Sharpe: 2.86 (top quartile). Sharpe: -0.30 (top quartile). Sharpe: -0.48 (upper mid). Sharpe: -0.61 (lower mid). Sharpe: -0.93 (bottom quartile). Point 10 Information ratio: -0.04 (lower mid). Information ratio: -0.79 (bottom quartile). Information ratio: 0.51 (top quartile). Information ratio: 0.00 (lower mid). Information ratio: 0.92 (top quartile). Information ratio: 0.29 (upper mid). Information ratio: -1.04 (bottom quartile). Information ratio: 0.42 (upper mid). Kotak Standard Multicap Fund
Mirae Asset India Equity Fund
Motilal Oswal Multicap 35 Fund
BNP Paribas Multi Cap Fund
Aditya Birla Sun Life Equity Fund
Bandhan Focused Equity Fund
SBI Magnum Multicap Fund
JM Multicap Fund
(Erstwhile Kotak Select Focus Fund) The investment objective of the scheme is to generate long term appreciation from the portfolio of equity and equity related sectors, generally focussed on few selected sectors. Below is the key information for Kotak Standard Multicap Fund Returns up to 1 year are on (Erstwhile Mirae Asset India Opportunities Fund) The investment objective of the scheme is to generate long term capital appreciation by capitalizing on potential investment opportunities through predominantly investing in equities, equity related securities. Research Highlights for Mirae Asset India Equity Fund Below is the key information for Mirae Asset India Equity Fund Returns up to 1 year are on (Erstwhile Motilal Oswal MOSt Focused Multicap 35 Fund) The investment objective of the Scheme is to achieve long term capital appreciation by primarily investing in a maximum of 35 equity & equity related instruments across sectors and market-capitalization levels.However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved. Research Highlights for Motilal Oswal Multicap 35 Fund Below is the key information for Motilal Oswal Multicap 35 Fund Returns up to 1 year are on (Erstwhile BNP Paribas Dividend Yield Fund) The investment objective of the scheme is to generate long term capital growth from an actively managed portfolio of equity and equity related securities, primarily being high dividend yield stocks. High dividend yield stocks are
defined as stocks of companies that have a dividend yield in excess of 0.5%, at the time of investment. However, there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee / indicate any returns. Research Highlights for BNP Paribas Multi Cap Fund Below is the key information for BNP Paribas Multi Cap Fund Returns up to 1 year are on An Open-ended growth scheme with the objective of long term growth of capital, through a portfolio with a target allocation of 90% equity and 10% debt and money market securities. Research Highlights for Aditya Birla Sun Life Equity Fund Below is the key information for Aditya Birla Sun Life Equity Fund Returns up to 1 year are on The investment objective of the scheme is to seek to generate capital appreciation and/or provide income distribution from a portfolio of predominantly equity and equity related instruments. There is no assurance or guarantee that the objectives of the scheme will be realized. Research Highlights for Bandhan Focused Equity Fund Below is the key information for Bandhan Focused Equity Fund Returns up to 1 year are on To provide investors with opportunities for long-term growth in capital along with the liquidity of an open-ended scheme through an active management of investments in a diversified basket of equity stocks spanning the entire market capitalization spectrum, debt and money market instruments. Research Highlights for SBI Magnum Multicap Fund Below is the key information for SBI Magnum Multicap Fund Returns up to 1 year are on (Erstwhile JM Multi Strategy Fund) The investment objective of the Scheme is to provide capital appreciation by investing in equity and equity related securities using a combination of strategies. Research Highlights for JM Multicap Fund Below is the key information for JM Multicap Fund Returns up to 1 year are on 1. Kotak Standard Multicap Fund
Kotak Standard Multicap Fund
Growth Launch Date 11 Sep 09 NAV (29 Apr 26) ₹84.14 ↑ 0.12 (0.14 %) Net Assets (Cr) ₹50,146 on 31 Mar 26 Category Equity - Multi Cap AMC Kotak Mahindra Asset Management Co Ltd Rating ☆☆☆☆☆ Risk Moderately High Expense Ratio 1.47 Sharpe Ratio -0.35 Information Ratio -0.04 Alpha Ratio 2.09 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 30 Apr 21 ₹10,000 30 Apr 22 ₹11,424 30 Apr 23 ₹12,207 30 Apr 24 ₹16,613 30 Apr 25 ₹17,809 Returns for Kotak Standard Multicap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 Apr 26 Duration Returns 1 Month 7.4% 3 Month -3.3% 6 Month -4% 1 Year 4.9% 3 Year 15.4% 5 Year 13.1% 10 Year 15 Year Since launch 13.7% Historical performance (Yearly) on absolute basis
Year Returns 2024 9.5% 2023 16.5% 2022 24.2% 2021 5% 2020 25.4% 2019 11.8% 2018 12.3% 2017 -0.9% 2016 34.3% 2015 9.4% Fund Manager information for Kotak Standard Multicap Fund
Name Since Tenure Harsha Upadhyaya 4 Aug 12 13.67 Yr. Data below for Kotak Standard Multicap Fund as on 31 Mar 26
Equity Sector Allocation
Sector Value Financial Services 29.59% Industrials 18.07% Basic Materials 14.83% Consumer Cyclical 11.63% Energy 5.84% Technology 5.31% Communication Services 4.18% Health Care 2.86% Utility 2.8% Consumer Defensive 2.19% Asset Allocation
Asset Class Value Cash 1.81% Equity 98.19% Other 0% Top Securities Holdings / Portfolio
Name Holding Value Quantity Bharat Electronics Ltd (Industrials)
Equity, Since 31 Aug 14 | BEL6% ₹3,025 Cr 75,500,000
↓ -3,000,000 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 10 | HDFCBANK6% ₹2,890 Cr 39,500,000 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Sep 10 | ICICIBANK5% ₹2,653 Cr 22,000,000 State Bank of India (Financial Services)
Equity, Since 31 Jan 12 | SBIN5% ₹2,331 Cr 23,800,000 Jindal Steel Ltd (Basic Materials)
Equity, Since 31 Mar 18 | 5322864% ₹2,115 Cr 19,000,000 Axis Bank Ltd (Financial Services)
Equity, Since 31 May 12 | 5322154% ₹1,858 Cr 16,000,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Sep 13 | LT4% ₹1,857 Cr 5,300,000 Eternal Ltd (Consumer Cyclical)
Equity, Since 31 Aug 23 | 5433203% ₹1,557 Cr 68,000,000
↑ 4,000,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 28 Feb 21 | BHARTIARTL3% ₹1,551 Cr 8,700,000 SRF Ltd (Industrials)
Equity, Since 31 Dec 18 | SRF3% ₹1,524 Cr 6,250,000 2. Mirae Asset India Equity Fund
Mirae Asset India Equity Fund
Growth Launch Date 4 Apr 08 NAV (29 Apr 26) ₹109.388 ↑ 0.58 (0.54 %) Net Assets (Cr) ₹35,343 on 31 Mar 26 Category Equity - Multi Cap AMC Mirae Asset Global Inv (India) Pvt. Ltd Rating ☆☆☆☆☆ Risk Moderately High Expense Ratio 1.16 Sharpe Ratio -0.63 Information Ratio -0.79 Alpha Ratio -0.9 Min Investment 5,000 Min SIP Investment 1,000 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Apr 21 ₹10,000 30 Apr 22 ₹11,693 30 Apr 23 ₹12,150 30 Apr 24 ₹15,148 30 Apr 25 ₹16,549 Returns for Mirae Asset India Equity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 Apr 26 Duration Returns 1 Month 7.2% 3 Month -3.9% 6 Month -6.7% 1 Year 1.5% 3 Year 11.4% 5 Year 10.6% 10 Year 15 Year Since launch 14.2% Historical performance (Yearly) on absolute basis
Year Returns 2024 10.2% 2023 12.7% 2022 18.4% 2021 1.6% 2020 27.7% 2019 13.7% 2018 12.7% 2017 -0.6% 2016 38.6% 2015 8.1% Fund Manager information for Mirae Asset India Equity Fund
Name Since Tenure Gaurav Misra 31 Jan 19 7.17 Yr. Data below for Mirae Asset India Equity Fund as on 31 Mar 26
Equity Sector Allocation
Sector Value Financial Services 31.52% Consumer Cyclical 13.59% Technology 9.78% Industrials 8.73% Consumer Defensive 8.3% Basic Materials 6.55% Energy 5.56% Health Care 5.44% Communication Services 4.55% Utility 3.85% Real Estate 1.35% Asset Allocation
Asset Class Value Cash 0.8% Equity 99.2% Other 0% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 09 | HDFCBANK10% ₹3,834 Cr 43,191,358 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK8% ₹3,412 Cr 24,744,264 Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 08 | RELIANCE5% ₹2,005 Cr 14,385,073 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Aug 10 | BHARTIARTL5% ₹1,827 Cr 9,720,470
↑ 562,478 Infosys Ltd (Technology)
Equity, Since 31 May 08 | INFY4% ₹1,721 Cr 13,235,346
↓ -487,159 Larsen & Toubro Ltd (Industrials)
Equity, Since 29 Feb 12 | LT4% ₹1,605 Cr 3,751,665 State Bank of India (Financial Services)
Equity, Since 31 Jul 08 | SBIN4% ₹1,470 Cr 12,236,391 Axis Bank Ltd (Financial Services)
Equity, Since 31 Mar 14 | AXISBANK4% ₹1,456 Cr 10,520,089 ITC Ltd (Consumer Defensive)
Equity, Since 29 Feb 12 | ITC3% ₹1,254 Cr 39,981,915 Tata Consultancy Services Ltd (Technology)
Equity, Since 31 May 09 | TCS3% ₹1,183 Cr 4,485,507
↓ -126,886 3. Motilal Oswal Multicap 35 Fund
Motilal Oswal Multicap 35 Fund
Growth Launch Date 28 Apr 14 NAV (29 Apr 26) ₹56.533 ↑ 0.14 (0.24 %) Net Assets (Cr) ₹11,679 on 31 Mar 26 Category Equity - Multi Cap AMC Motilal Oswal Asset Management Co. Ltd Rating ☆☆☆☆☆ Risk Moderately High Expense Ratio 1.77 Sharpe Ratio -1.03 Information Ratio 0.51 Alpha Ratio -8.96 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 30 Apr 21 ₹10,000 30 Apr 22 ₹10,425 30 Apr 23 ₹10,581 30 Apr 24 ₹16,255 30 Apr 25 ₹18,517 Returns for Motilal Oswal Multicap 35 Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 Apr 26 Duration Returns 1 Month 8.2% 3 Month -2.2% 6 Month -10.5% 1 Year -1.9% 3 Year 20.1% 5 Year 12.4% 10 Year 15 Year Since launch 15.5% Historical performance (Yearly) on absolute basis
Year Returns 2024 -5.6% 2023 45.7% 2022 31% 2021 -3% 2020 15.3% 2019 10.3% 2018 7.9% 2017 -7.8% 2016 43.1% 2015 8.5% Fund Manager information for Motilal Oswal Multicap 35 Fund
Name Since Tenure Varun Sharma 21 Jan 26 0.19 Yr. Swapnil Mayekar 18 Nov 25 0.37 Yr. Ajay Khandelwal 1 Oct 24 1.5 Yr. Ankit Agarwal 21 Jan 26 0.19 Yr. Rakesh Shetty 22 Nov 22 3.36 Yr. Atul Mehra 1 Oct 24 1.5 Yr. Data below for Motilal Oswal Multicap 35 Fund as on 31 Mar 26
Equity Sector Allocation
Sector Value Financial Services 28.84% Industrials 18.01% Technology 17.88% Consumer Cyclical 16.17% Communication Services 6.1% Health Care 4% Energy 2.76% Asset Allocation
Asset Class Value Cash 6.24% Equity 93.76% Top Securities Holdings / Portfolio
Name Holding Value Quantity Kalyan Jewellers India Ltd (Consumer Cyclical)
Equity, Since 30 Sep 23 | KALYANKJIL7% ₹856 Cr 22,782,390 CG Power & Industrial Solutions Ltd (Industrials)
Equity, Since 31 Jan 25 | 5000937% ₹792 Cr 12,086,645
↓ -447,984 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Mar 26 | BHARTIARTL6% ₹713 Cr 4,000,000
↑ 4,000,000 Coforge Ltd (Technology)
Equity, Since 31 May 23 | COFORGE6% ₹675 Cr 6,056,632
↓ -854,810 Eternal Ltd (Consumer Cyclical)
Equity, Since 31 May 25 | 5433205% ₹640 Cr 27,969,643
↓ -4,529,247 Persistent Systems Ltd (Technology)
Equity, Since 31 Mar 23 | PERSISTENT5% ₹627 Cr 1,284,719
↓ -228,122 ICICI Bank Ltd (Financial Services)
Equity, Since 28 Feb 21 | ICICIBANK5% ₹588 Cr 4,872,470
↓ -510,360 Waaree Energies Ltd (Technology)
Equity, Since 28 Feb 26 | 5442774% ₹516 Cr 1,660,221
↑ 277,997 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 26 | HDFCBANK3% ₹398 Cr 5,436,855
↓ -2,056,899 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Jun 21 | LT3% ₹396 Cr 1,129,002
↑ 129,002 4. BNP Paribas Multi Cap Fund
BNP Paribas Multi Cap Fund
Growth Launch Date 15 Sep 05 NAV (13 Mar 22) ₹73.5154 ↓ -0.01 (-0.01 %) Net Assets (Cr) ₹588 on 31 Jan 22 Category Equity - Multi Cap AMC BNP Paribas Asset Mgmt India Pvt. Ltd Rating ☆☆☆☆ Risk Moderately High Expense Ratio 2.44 Sharpe Ratio 2.86 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 300 Exit Load 0-12 Months (1%),12 Months and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Apr 21 ₹10,000 Returns for BNP Paribas Multi Cap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 Apr 26 Duration Returns 1 Month -4.4% 3 Month -4.6% 6 Month -2.6% 1 Year 19.3% 3 Year 17.3% 5 Year 13.6% 10 Year 15 Year Since launch 12.9% Historical performance (Yearly) on absolute basis
Year Returns 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 Fund Manager information for BNP Paribas Multi Cap Fund
Name Since Tenure Data below for BNP Paribas Multi Cap Fund as on 31 Jan 22
Equity Sector Allocation
Sector Value Asset Allocation
Asset Class Value Top Securities Holdings / Portfolio
Name Holding Value Quantity 5. Aditya Birla Sun Life Equity Fund
Aditya Birla Sun Life Equity Fund
Growth Launch Date 27 Aug 98 NAV (29 Apr 26) ₹1,834.9 ↑ 4.91 (0.27 %) Net Assets (Cr) ₹23,018 on 31 Mar 26 Category Equity - Multi Cap AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.68 Sharpe Ratio -0.3 Information Ratio 0.92 Alpha Ratio 2.66 Min Investment 1,000 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 30 Apr 21 ₹10,000 30 Apr 22 ₹11,465 30 Apr 23 ₹11,744 30 Apr 24 ₹16,114 30 Apr 25 ₹17,819 Returns for Aditya Birla Sun Life Equity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 Apr 26 Duration Returns 1 Month 8.2% 3 Month 0.1% 6 Month -2.4% 1 Year 7.2% 3 Year 17.6% 5 Year 13.6% 10 Year 15 Year Since launch 20.7% Historical performance (Yearly) on absolute basis
Year Returns 2024 11.2% 2023 18.5% 2022 26% 2021 -1.1% 2020 30.3% 2019 16.1% 2018 8.5% 2017 -4.1% 2016 33.5% 2015 15.2% Fund Manager information for Aditya Birla Sun Life Equity Fund
Name Since Tenure Harish Krishnan 3 Nov 23 2.41 Yr. Dhaval Joshi 21 Nov 22 3.36 Yr. Data below for Aditya Birla Sun Life Equity Fund as on 31 Mar 26
Equity Sector Allocation
Sector Value Financial Services 30.46% Consumer Cyclical 14.07% Basic Materials 10.94% Industrials 10.45% Technology 9.43% Health Care 8.88% Consumer Defensive 7.34% Energy 4.57% Communication Services 2.4% Real Estate 0.5% Asset Allocation
Asset Class Value Cash 0.96% Equity 99.04% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 16 | ICICIBANK6% ₹1,429 Cr 11,849,171 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 08 | HDFCBANK4% ₹878 Cr 12,000,000
↑ 944,204 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 28 Feb 19 | KOTAKBANK4% ₹816 Cr 23,096,430 Infosys Ltd (Technology)
Equity, Since 30 Apr 05 | INFY3% ₹771 Cr 6,161,817 Reliance Industries Ltd (Energy)
Equity, Since 31 May 19 | RELIANCE3% ₹767 Cr 5,706,067 State Bank of India (Financial Services)
Equity, Since 28 Feb 21 | SBIN3% ₹617 Cr 6,300,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Nov 17 | BHARTIARTL2% ₹553 Cr 3,100,000
↑ 358,967 HCL Technologies Ltd (Technology)
Equity, Since 30 Nov 11 | HCLTECH2% ₹551 Cr 4,103,703 Hindalco Industries Ltd (Basic Materials)
Equity, Since 31 Mar 17 | HINDALCO2% ₹498 Cr 5,628,825 Bharat Forge Ltd (Consumer Cyclical)
Equity, Since 30 Jun 17 | 5004932% ₹483 Cr 2,883,624
↑ 58,200 6. Bandhan Focused Equity Fund
Bandhan Focused Equity Fund
Growth Launch Date 16 Mar 06 NAV (29 Apr 26) ₹87.913 ↓ -0.20 (-0.22 %) Net Assets (Cr) ₹1,810 on 31 Mar 26 Category Equity - Multi Cap AMC IDFC Asset Management Company Limited Rating ☆☆☆☆ Risk Moderately High Expense Ratio 2.1 Sharpe Ratio -0.48 Information Ratio 0.29 Alpha Ratio 0.08 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 30 Apr 21 ₹10,000 30 Apr 22 ₹11,488 30 Apr 23 ₹11,733 30 Apr 24 ₹16,201 30 Apr 25 ₹18,138 Returns for Bandhan Focused Equity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 Apr 26 Duration Returns 1 Month 10.9% 3 Month 3.6% 6 Month -3.6% 1 Year 6.8% 3 Year 18.3% 5 Year 13.9% 10 Year 15 Year Since launch 11.4% Historical performance (Yearly) on absolute basis
Year Returns 2024 -1.6% 2023 30.3% 2022 31.3% 2021 -5% 2020 24.6% 2019 14.9% 2018 8.9% 2017 -12.7% 2016 54.4% 2015 1.8% Fund Manager information for Bandhan Focused Equity Fund
Name Since Tenure Manish Gunwani 2 Dec 24 1.33 Yr. Kirthi Jain 2 Dec 24 1.33 Yr. Ritika Behera 7 Oct 23 2.48 Yr. Gaurav Satra 7 Jun 24 1.82 Yr. Rahul Agarwal 2 Dec 24 1.33 Yr. Data below for Bandhan Focused Equity Fund as on 31 Mar 26
Equity Sector Allocation
Sector Value Financial Services 34.37% Consumer Defensive 16.64% Health Care 15.7% Technology 6.19% Real Estate 5.65% Consumer Cyclical 4.85% Energy 3.79% Utility 2.75% Communication Services 2.27% Basic Materials 2.18% Industrials 1.75% Asset Allocation
Asset Class Value Cash 3.86% Equity 96.14% Top Securities Holdings / Portfolio
Name Holding Value Quantity Power Finance Corp Ltd (Financial Services)
Equity, Since 31 Mar 25 | 5328109% ₹159 Cr 4,188,959
↑ 38,236 LT Foods Ltd (Consumer Defensive)
Equity, Since 30 Jun 25 | 5327838% ₹143 Cr 3,935,069
↓ -120,192 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 19 | HDFCBANK6% ₹100 Cr 1,364,469
↑ 61,741 State Bank of India (Financial Services)
Equity, Since 31 Jul 25 | SBIN5% ₹92 Cr 937,094
↓ -164,956 Cholamandalam Financial Holdings Ltd (Financial Services)
Equity, Since 31 May 25 | CHOLAHLDNG5% ₹91 Cr 669,455
↑ 188,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | ICICIBANK5% ₹86 Cr 710,586 Jubilant Pharmova Ltd (Healthcare)
Equity, Since 31 Jul 25 | 5300195% ₹85 Cr 1,045,101
↑ 24,000 Glenmark Pharmaceuticals Ltd (Healthcare)
Equity, Since 31 Dec 24 | 5322965% ₹85 Cr 397,894 Tilaknagar Industries Ltd (Consumer Defensive)
Equity, Since 31 Aug 25 | TI4% ₹69 Cr 1,662,932 Reliance Industries Ltd (Energy)
Equity, Since 31 Aug 23 | RELIANCE4% ₹69 Cr 510,082
↑ 153,234 7. SBI Magnum Multicap Fund
SBI Magnum Multicap Fund
Growth Launch Date 29 Sep 05 NAV (28 Apr 26) ₹106.001 ↓ -0.51 (-0.48 %) Net Assets (Cr) ₹20,626 on 31 Mar 26 Category Equity - Multi Cap AMC SBI Funds Management Private Limited Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.67 Sharpe Ratio -0.61 Information Ratio -1.04 Alpha Ratio -1.49 Min Investment 1,000 Min SIP Investment 500 Exit Load 0-6 Months (1%),6-12 Months (0.5%),12 Months and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Apr 21 ₹10,000 30 Apr 22 ₹11,776 30 Apr 23 ₹12,260 30 Apr 24 ₹15,861 30 Apr 25 ₹16,546 Returns for SBI Magnum Multicap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 Apr 26 Duration Returns 1 Month 6.8% 3 Month -3.2% 6 Month -6.1% 1 Year 1.3% 3 Year 11.1% 5 Year 10.7% 10 Year 15 Year Since launch Historical performance (Yearly) on absolute basis
Year Returns 2024 5.5% 2023 14.2% 2022 22.8% 2021 0.7% 2020 30.8% 2019 13.6% 2018 11% 2017 -5.5% 2016 37% 2015 5.8% Fund Manager information for SBI Magnum Multicap Fund
Name Since Tenure Anup Upadhyay 1 Dec 24 1.33 Yr. Dinesh Balachandran 1 Dec 24 1.33 Yr. Data below for SBI Magnum Multicap Fund as on 31 Mar 26
Equity Sector Allocation
Sector Value Financial Services 37.67% Basic Materials 13.89% Consumer Cyclical 11.37% Industrials 9.62% Energy 6.83% Technology 5.84% Health Care 4.85% Utility 3.34% Communication Services 0.93% Consumer Defensive 0.57% Asset Allocation
Asset Class Value Cash 4.95% Equity 94.91% Debt 0.14% Top Securities Holdings / Portfolio
Name Holding Value Quantity Axis Bank Ltd (Financial Services)
Equity, Since 30 Apr 25 | 5322155% ₹1,105 Cr 9,517,750 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 15 | HDFCBANK5% ₹933 Cr 12,749,960
↓ -2,200,000 State Bank of India (Financial Services)
Equity, Since 31 Mar 26 | SBIN4% ₹888 Cr 9,067,425
↑ 9,067,425 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 17 | ICICIBANK4% ₹833 Cr 6,910,955
↓ -3,033,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 19 | LT4% ₹778 Cr 2,219,697
↓ -376,337 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 28 Feb 23 | KOTAKBANK3% ₹708 Cr 20,037,500 Tata Steel Ltd (Basic Materials)
Equity, Since 31 May 25 | TATASTEEL3% ₹698 Cr 36,400,000 NTPC Ltd (Utilities)
Equity, Since 28 Feb 26 | 5325553% ₹689 Cr 18,600,000
↑ 7,800,000 Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 20 | RELIANCE3% ₹659 Cr 4,901,667 Eicher Motors Ltd (Consumer Cyclical)
Equity, Since 31 Jan 25 | EICHERMOT3% ₹614 Cr 932,056
↓ -44,944 8. JM Multicap Fund
JM Multicap Fund
Growth Launch Date 23 Sep 08 NAV (29 Apr 26) ₹93.6515 ↑ 0.54 (0.58 %) Net Assets (Cr) ₹4,504 on 31 Mar 26 Category Equity - Multi Cap AMC JM Financial Asset Management Limited Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.84 Sharpe Ratio -0.93 Information Ratio 0.42 Alpha Ratio -6.15 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-60 Days (1%),60 Days and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Apr 21 ₹10,000 30 Apr 22 ₹11,944 30 Apr 23 ₹13,367 30 Apr 24 ₹22,068 30 Apr 25 ₹22,483 Returns for JM Multicap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 Apr 26 Duration Returns 1 Month 9.9% 3 Month 0.2% 6 Month -6.6% 1 Year -0.9% 3 Year 18.8% 5 Year 17.2% 10 Year 15 Year Since launch 13.6% Historical performance (Yearly) on absolute basis
Year Returns 2024 -6.8% 2023 33.3% 2022 40% 2021 7.8% 2020 32.9% 2019 11.4% 2018 16.6% 2017 -5.4% 2016 39.5% 2015 10.5% Fund Manager information for JM Multicap Fund
Name Since Tenure Satish Ramanathan 20 Aug 21 4.62 Yr. Asit Bhandarkar 1 Oct 24 1.5 Yr. Ruchi Fozdar 4 Oct 24 1.49 Yr. Deepak Gupta 11 Apr 25 0.97 Yr. Data below for JM Multicap Fund as on 31 Mar 26
Equity Sector Allocation
Sector Value Financial Services 30.79% Consumer Cyclical 17.92% Industrials 9.26% Technology 8.98% Basic Materials 8.81% Health Care 7.62% Energy 5.13% Consumer Defensive 4.73% Communication Services 2.52% Utility 1.63% Asset Allocation
Asset Class Value Cash 2.6% Equity 97.39% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 21 | ICICIBANK4% ₹195 Cr 1,415,062
↓ -592,000 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Nov 23 | HDFCBANK4% ₹187 Cr 2,107,760
↓ -650,000 State Bank of India (Financial Services)
Equity, Since 30 Nov 20 | SBIN3% ₹181 Cr 1,502,196
↓ -300,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Nov 10 | LT3% ₹154 Cr 360,668 Dr Reddy's Laboratories Ltd (Healthcare)
Equity, Since 31 Oct 25 | DRREDDY3% ₹154 Cr 1,196,532 Godfrey Phillips India Ltd (Consumer Defensive)
Equity, Since 28 Feb 25 | GODFRYPHLP3% ₹148 Cr 700,000
↓ -28,802 Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 31 Jan 25 | MARUTI3% ₹141 Cr 95,000 Reliance Industries Ltd (Energy)
Equity, Since 30 Nov 25 | RELIANCE3% ₹139 Cr 1,000,000
↓ -300,000 Axis Bank Ltd (Financial Services)
Equity, Since 31 Jan 26 | AXISBANK3% ₹131 Cr 945,000
↑ 345,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Mar 24 | BHARTIARTL3% ₹130 Cr 692,200
↓ -225,000
Things to Consider as an Investor
1. Fund Objectives
Multi cap funds aim to achieve wealth accumulation by investing in stocks of companies which offer the best combination of high growth, risk, and value. The stock picking is based on investing style which can be Value investing or growth investing. Additionally, the fund manager may consider other quantitative measures like P/E (Price / Earning) ratio, P/B (Price / Book) Ratio, EPS and Enterprise value to ensure that the portfolio is composed of only quality stocks.
2. Risk
Like other equity funds, multi cap funds also face the market risk wherein an overall rise or fall in the value of the index leads to a fluctuation in the fund value. Such volatility is higher than that experienced by Large cap funds but lower than small cap/mid cap funds. The fund manager is skilled at regularly modifying the asset allocation in order to take advantage of market movements.
3. Cost
Multi cap funds charge an expense ratio to manage your money. Till now SEBI had mandated the upper limit of expense ratio to be 2.50% (Might Change time to time as per regulation). As these funds are actively-managed to harness gains from market opportunities, it might have a higher turnover ratio and associated transaction costs. Compared to pure large caps/small caps, multi cap funds may have a higher expense ratio. However, the quantum of gains made by multi caps are good enough to compensate for high costs.
4. Investment Horizon
Multi cap fund are basically suitable for individuals who have a medium to long-term investment horizon. Usually, the fund experiences a lot of fluctuations during the short-run which averages out over the long-run. Those who choose multi cap funds need to be prepared to stick around at least for the said period to enable the fund to realise its full potential.
5. Financial Goals
Multi cap funds can be ideal wealth creators as compared to plain large cap funds. Because of a dynamic investment strategy, these funds may accumulate larger wealth for achieving long-term Financial goals like children’s higher education or Retirement planning. Being a high risk-high return haven, these funds are capable of generating enough wealth which may help you to retire early and pursue your passion in life.
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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Research Highlights for Kotak Standard Multicap Fund