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Best Multicap Equity Mutual Funds To Invest In 2023
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.
Top 8 Best Performing Diversified Multicap Mutual Funds 2023
(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. Kotak Standard Multicap Fund is a Equity - Multi Cap fund was launched on 11 Sep 09. It is a fund with Moderately High risk and has given a Below is the key information for Kotak Standard Multicap 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. Motilal Oswal Multicap 35 Fund is a Equity - Multi Cap fund was launched on 28 Apr 14. It is a fund with Moderately High risk and has given a Below is the key information for Motilal Oswal Multicap 35 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. Mirae Asset India Equity Fund is a Equity - Multi Cap fund was launched on 4 Apr 08. It is a fund with Moderately High risk and has given a Below is the key information for Mirae Asset India Equity 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. JM Multicap Fund is a Equity - Multi Cap fund was launched on 23 Sep 08. It is a fund with Moderately High risk and has given a Below is the key information for JM Multicap 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. BNP Paribas Multi Cap Fund is a Equity - Multi Cap fund was launched on 15 Sep 05. It is a fund with Moderately High risk and has given a Below is the key information for BNP Paribas Multi Cap 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. IDFC Focused Equity Fund is a Equity - Multi Cap fund was launched on 16 Mar 06. It is a fund with Moderately High risk and has given a Below is the key information for IDFC Focused Equity 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 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. SBI Magnum Multicap Fund is a Equity - Multi Cap fund was launched on 29 Sep 05. It is a fund with Moderately High risk and has given a Below is the key information for SBI Magnum Multicap Fund Returns up to 1 year are on Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2022 (%) Kotak Standard Multicap Fund Growth ₹56.501
↑ 0.52 ₹37,217 6.6 2.1 17.4 25.5 11.6 5 Motilal Oswal Multicap 35 Fund Growth ₹34.4296
↑ 0.36 ₹8,368 8.6 0.2 14.1 19.2 5.4 -3 Mirae Asset India Equity Fund Growth ₹81.337
↑ 0.75 ₹33,926 5 -0.7 12.5 26.2 11.9 1.6 JM Multicap Fund Growth ₹58.1652
↑ 0.48 ₹285 7.2 3.4 22.9 29.7 13.9 7.8 BNP Paribas Multi Cap Fund Growth ₹73.5154
↓ -0.01 ₹588 -4.6 -2.6 19.3 17.3 13.6 IDFC Focused Equity Fund Growth ₹56.148
↑ 0.52 ₹1,246 10.6 4.3 17.4 22.8 7.1 -5 Principal Multi Cap Growth Fund Growth ₹243.458
↑ 1.48 ₹1,851 5.5 0 14.6 30.3 11.2 -1.6 SBI Magnum Multicap Fund Growth ₹79.746
↑ 0.54 ₹16,458 7.3 2.8 14.2 27.5 11 0.7 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 26 May 23 1. Kotak Standard Multicap Fund
CAGR/Annualized return of 13.5% since its launch. Ranked 3 in Multi Cap category. Return for 2022 was 5% , 2021 was 25.4% and 2020 was 11.8% . Kotak Standard Multicap Fund
Growth Launch Date 11 Sep 09 NAV (26 May 23) ₹56.501 ↑ 0.52 (0.92 %) Net Assets (Cr) ₹37,217 on 30 Apr 23 Category Equity - Multi Cap AMC Kotak Mahindra Asset Management Co Ltd Rating ☆☆☆☆☆ Risk Moderately High Expense Ratio 1.34 Sharpe Ratio 0.12 Information Ratio -1 Alpha Ratio 2.44 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 18 ₹10,000 30 Apr 19 ₹10,701 30 Apr 20 ₹9,133 30 Apr 21 ₹13,486 30 Apr 22 ₹15,407 30 Apr 23 ₹16,462 Returns for Kotak Standard Multicap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 26 May 23 Duration Returns 1 Month 4.4% 3 Month 6.6% 6 Month 2.1% 1 Year 17.4% 3 Year 25.5% 5 Year 11.6% 10 Year 15 Year Since launch 13.5% Historical performance (Yearly) on absolute basis
Year Returns 2022 5% 2021 25.4% 2020 11.8% 2019 12.3% 2018 -0.9% 2017 34.3% 2016 9.4% 2015 3% 2014 57.9% 2013 6.1% Fund Manager information for Kotak Standard Multicap Fund
Name Since Tenure Harsha Upadhyaya 4 Aug 12 10.74 Yr. Arjun Khanna 1 Mar 22 1.17 Yr. Data below for Kotak Standard Multicap Fund as on 30 Apr 23
Equity Sector Allocation
Sector Value Financial Services 30.42% Basic Materials 18.88% Industrials 16.2% Consumer Cyclical 9.92% Technology 7.37% Energy 6.08% Consumer Defensive 4.27% Health Care 2.66% Communication Services 2.1% Utility 1.13% Asset Allocation
Asset Class Value Cash 0.75% Equity 99.25% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 30 Sep 10 | ICICIBANK10% ₹3,634 Cr 39,600,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Sep 13 | LT6% ₹2,081 Cr 8,800,000 SRF Ltd Shs Dematerialised (Basic Materials)
Equity, Since 31 Dec 18 | SRF5% ₹1,969 Cr 7,750,000
↓ -50,000 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 10 | HDFCBANK5% ₹1,941 Cr 11,500,000 State Bank of India (Financial Services)
Equity, Since 31 Jan 12 | SBIN5% ₹1,908 Cr 33,000,000 UltraTech Cement Ltd (Basic Materials)
Equity, Since 31 Mar 14 | ULTRACEMCO5% ₹1,795 Cr 2,375,000
↓ -25,000 Infosys Ltd (Technology)
Equity, Since 30 Nov 10 | INFY5% ₹1,754 Cr 14,000,000 Axis Bank Ltd (Financial Services)
Equity, Since 31 May 12 | AXISBANK5% ₹1,703 Cr 19,800,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Jan 16 | RELIANCE4% ₹1,646 Cr 6,800,000
↓ -350,000 Bharat Electronics Ltd (Industrials)
Equity, Since 31 Aug 14 | 5000494% ₹1,374 Cr 133,000,000 2. Motilal Oswal Multicap 35 Fund
CAGR/Annualized return of 14.6% since its launch. Ranked 5 in Multi Cap category. Return for 2022 was -3% , 2021 was 15.3% and 2020 was 10.3% . Motilal Oswal Multicap 35 Fund
Growth Launch Date 28 Apr 14 NAV (26 May 23) ₹34.4296 ↑ 0.36 (1.06 %) Net Assets (Cr) ₹8,368 on 30 Apr 23 Category Equity - Multi Cap AMC Motilal Oswal Asset Management Co. Ltd Rating ☆☆☆☆☆ Risk Moderately High Expense Ratio 1.39 Sharpe Ratio -0.24 Information Ratio -1.86 Alpha Ratio -2.89 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 18 ₹10,000 30 Apr 19 ₹9,426 30 Apr 20 ₹7,960 30 Apr 21 ₹11,223 30 Apr 22 ₹11,700 30 Apr 23 ₹11,875 Returns for Motilal Oswal Multicap 35 Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 26 May 23 Duration Returns 1 Month 7.7% 3 Month 8.6% 6 Month 0.2% 1 Year 14.1% 3 Year 19.2% 5 Year 5.4% 10 Year 15 Year Since launch 14.6% Historical performance (Yearly) on absolute basis
Year Returns 2022 -3% 2021 15.3% 2020 10.3% 2019 7.9% 2018 -7.8% 2017 43.1% 2016 8.5% 2015 14.6% 2014 2013 Fund Manager information for Motilal Oswal Multicap 35 Fund
Name Since Tenure Siddharth Bothra 19 May 21 1.95 Yr. Niket Shah 1 Jul 22 0.83 Yr. Ankush Sood 25 Aug 21 1.68 Yr. Rakesh Shetty 22 Nov 22 0.44 Yr. Data below for Motilal Oswal Multicap 35 Fund as on 30 Apr 23
Equity Sector Allocation
Sector Value Financial Services 30.98% Consumer Cyclical 26.58% Industrials 10.18% Technology 10.08% Health Care 4.63% Basic Materials 4.5% Energy 2.17% Real Estate 1.55% Utility 0.7% Asset Allocation
Asset Class Value Cash 8.64% Equity 91.36% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 28 Feb 21 | ICICIBANK9% ₹734 Cr 8,000,000 Tube Investments of India Ltd Ordinary Shares (Consumer Cyclical)
Equity, Since 31 May 22 | TIINDIA7% ₹608 Cr 2,350,000
↑ 75,000 Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 14 | HDFC7% ₹597 Cr 2,150,000 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 14 | HDFCBANK6% ₹515 Cr 3,050,000 Persistent Systems Ltd (Technology)
Equity, Since 31 Mar 23 | PERSISTENT6% ₹474 Cr 1,000,000
↑ 350,025 Zomato Ltd (Consumer Cyclical)
Equity, Since 30 Apr 23 | 5433205% ₹440 Cr 67,850,000
↑ 67,850,000 Max Healthcare Institute Ltd Ordinary Shares (Healthcare)
Equity, Since 30 Sep 21 | MAXHEALTH4% ₹304 Cr 6,600,000 Vaibhav Global Ltd (Consumer Cyclical)
Equity, Since 30 Jun 19 | VAIBHAVGBL3% ₹285 Cr 9,050,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Jun 21 | LT3% ₹260 Cr 1,100,000 Vedant Fashions Ltd (Consumer Cyclical)
Equity, Since 28 Feb 22 | 5434633% ₹248 Cr 1,950,698
↓ -49,302 3. Mirae Asset India Equity Fund
CAGR/Annualized return of 14.8% since its launch. Ranked 19 in Multi Cap category. Return for 2022 was 1.6% , 2021 was 27.7% and 2020 was 13.7% . Mirae Asset India Equity Fund
Growth Launch Date 4 Apr 08 NAV (26 May 23) ₹81.337 ↑ 0.75 (0.93 %) Net Assets (Cr) ₹33,926 on 30 Apr 23 Category Equity - Multi Cap AMC Mirae Asset Global Inv (India) Pvt. Ltd Rating ☆☆☆☆☆ Risk Moderately High Expense Ratio 1.23 Sharpe Ratio -0.09 Information Ratio -0.41 Alpha Ratio -0.39 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 18 ₹10,000 30 Apr 19 ₹10,853 30 Apr 20 ₹9,338 30 Apr 21 ₹13,739 30 Apr 22 ₹16,065 30 Apr 23 ₹16,693 Returns for Mirae Asset India Equity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 26 May 23 Duration Returns 1 Month 4.1% 3 Month 5% 6 Month -0.7% 1 Year 12.5% 3 Year 26.2% 5 Year 11.9% 10 Year 15 Year Since launch 14.8% Historical performance (Yearly) on absolute basis
Year Returns 2022 1.6% 2021 27.7% 2020 13.7% 2019 12.7% 2018 -0.6% 2017 38.6% 2016 8.1% 2015 4.3% 2014 52.9% 2013 8.9% Fund Manager information for Mirae Asset India Equity Fund
Name Since Tenure Gaurav Khandelwal 18 Oct 21 1.53 Yr. Gaurav Misra 31 Jan 19 4.25 Yr. Data below for Mirae Asset India Equity Fund as on 30 Apr 23
Equity Sector Allocation
Sector Value Financial Services 37.79% Technology 12.44% Consumer Cyclical 10.7% Energy 8.69% Industrials 7.82% Consumer Defensive 6.27% Health Care 5.49% Basic Materials 4.98% Communication Services 3.77% Utility 1.34% Asset Allocation
Asset Class Value Cash 0.72% Equity 99.28% Other 0% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 09 | HDFCBANK11% ₹3,805 Cr 22,546,579 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK9% ₹2,985 Cr 32,530,137
↓ -1,880,863 Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 08 | RELIANCE8% ₹2,797 Cr 11,557,451
↑ 141,487 Infosys Ltd (Technology)
Equity, Since 31 May 08 | INFY6% ₹2,133 Cr 17,025,191
↑ 700,000 Axis Bank Ltd (Financial Services)
Equity, Since 31 Mar 14 | AXISBANK5% ₹1,642 Cr 19,095,885 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Aug 10 | BHARTIARTL4% ₹1,278 Cr 15,993,386 State Bank of India (Financial Services)
Equity, Since 31 Jul 08 | SBIN3% ₹1,172 Cr 20,260,399 Larsen & Toubro Ltd (Industrials)
Equity, Since 29 Feb 12 | LT3% ₹1,094 Cr 4,627,663 Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 08 | HDFC3% ₹1,078 Cr 3,885,400
↓ -237,202 Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 31 Mar 12 | MARUTI3% ₹935 Cr 1,088,850 4. JM Multicap Fund
CAGR/Annualized return of 12.8% since its launch. Ranked 16 in Multi Cap category. Return for 2022 was 7.8% , 2021 was 32.9% and 2020 was 11.4% . JM Multicap Fund
Growth Launch Date 23 Sep 08 NAV (26 May 23) ₹58.1652 ↑ 0.48 (0.83 %) Net Assets (Cr) ₹285 on 30 Apr 23 Category Equity - Multi Cap AMC JM Financial Asset Management Limited Rating ☆☆☆☆ Risk Moderately High Expense Ratio 2.52 Sharpe Ratio 0.46 Information Ratio -0.08 Alpha Ratio 6.72 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 18 ₹10,000 30 Apr 19 ₹10,249 30 Apr 20 ₹9,350 30 Apr 21 ₹13,668 30 Apr 22 ₹16,325 30 Apr 23 ₹18,270 Returns for JM Multicap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 26 May 23 Duration Returns 1 Month 5.7% 3 Month 7.2% 6 Month 3.4% 1 Year 22.9% 3 Year 29.7% 5 Year 13.9% 10 Year 15 Year Since launch 12.8% Historical performance (Yearly) on absolute basis
Year Returns 2022 7.8% 2021 32.9% 2020 11.4% 2019 16.6% 2018 -5.4% 2017 39.5% 2016 10.5% 2015 -2.8% 2014 56% 2013 -0.2% Fund Manager information for JM Multicap Fund
Name Since Tenure Satish Ramanathan 20 Aug 21 1.7 Yr. Gurvinder Wasan 1 Dec 22 0.41 Yr. Chaitanya Choksi 31 Dec 21 1.33 Yr. Data below for JM Multicap Fund as on 30 Apr 23
Equity Sector Allocation
Sector Value Financial Services 27.59% Consumer Cyclical 18.8% Industrials 18.73% Technology 10.44% Basic Materials 6.73% Energy 5.26% Health Care 5.21% Real Estate 1.96% Consumer Defensive 1.87% Asset Allocation
Asset Class Value Cash 3.41% Equity 96.59% Top Securities Holdings / Portfolio
Name Holding Value Quantity Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Nov 10 | LT6% ₹16 Cr 69,731 UltraTech Cement Ltd (Basic Materials)
Equity, Since 31 May 21 | ULTRACEMCO4% ₹13 Cr 16,950 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 12 | HDFCBANK4% ₹12 Cr 73,100 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 21 | ICICIBANK4% ₹11 Cr 123,200
↓ -28,000 Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 21 | RELIANCE4% ₹11 Cr 45,666 Bank of Baroda (Financial Services)
Equity, Since 31 Aug 22 | BANKBARODA4% ₹10 Cr 538,000 Infosys Ltd (Technology)
Equity, Since 30 Nov 20 | INFY3% ₹8 Cr 67,400 Can Fin Homes Ltd Shs Dematerialised (Financial Services)
Equity, Since 28 Feb 23 | CANFINHOME3% ₹8 Cr 136,500 REC Ltd (Financial Services)
Equity, Since 30 Nov 22 | RECLTD3% ₹8 Cr 636,000 Jubilant Foodworks Ltd (Consumer Cyclical)
Equity, Since 31 Aug 22 | 5331553% ₹8 Cr 178,000 5. BNP Paribas Multi Cap Fund
CAGR/Annualized return of 12.9% since its launch. Ranked 18 in Multi Cap category. . 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 18 ₹10,000 30 Apr 19 ₹9,698 30 Apr 20 ₹8,662 30 Apr 21 ₹12,675 Returns for BNP Paribas Multi Cap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 26 May 23 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 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 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 6. IDFC Focused Equity Fund
CAGR/Annualized return of 10.6% since its launch. Ranked 13 in Multi Cap category. Return for 2022 was -5% , 2021 was 24.6% and 2020 was 14.9% . IDFC Focused Equity Fund
Growth Launch Date 16 Mar 06 NAV (26 May 23) ₹56.148 ↑ 0.52 (0.93 %) Net Assets (Cr) ₹1,246 on 30 Apr 23 Category Equity - Multi Cap AMC IDFC Asset Management Company Limited Rating ☆☆☆☆ Risk Moderately High Expense Ratio 2.18 Sharpe Ratio -0.18 Information Ratio -1.16 Alpha Ratio -2.29 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 18 ₹10,000 30 Apr 19 ₹9,098 30 Apr 20 ₹7,937 30 Apr 21 ₹11,218 30 Apr 22 ₹12,886 30 Apr 23 ₹13,161 Returns for IDFC Focused Equity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 26 May 23 Duration Returns 1 Month 7.3% 3 Month 10.6% 6 Month 4.3% 1 Year 17.4% 3 Year 22.8% 5 Year 7.1% 10 Year 15 Year Since launch 10.6% Historical performance (Yearly) on absolute basis
Year Returns 2022 -5% 2021 24.6% 2020 14.9% 2019 8.9% 2018 -12.7% 2017 54.4% 2016 1.8% 2015 -4.8% 2014 32.2% 2013 2.9% Fund Manager information for IDFC Focused Equity Fund
Name Since Tenure Sumit Agrawal 20 Oct 16 6.53 Yr. Data below for IDFC Focused Equity Fund as on 30 Apr 23
Equity Sector Allocation
Sector Value Financial Services 34.11% Consumer Cyclical 13.31% Technology 11.94% Basic Materials 11.49% Consumer Defensive 7.49% Industrials 7.1% Energy 5.49% Health Care 4.06% Real Estate 2.37% Utility 2.02% 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 30 Sep 19 | HDFCBANK10% ₹125 Cr 742,251 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | ICICIBANK10% ₹120 Cr 1,305,276
↑ 323,489 Anupam Rasayan India Ltd (Basic Materials)
Equity, Since 31 Oct 21 | ANURAS6% ₹72 Cr 641,670 Infosys Ltd (Technology)
Equity, Since 31 Oct 19 | INFY6% ₹71 Cr 563,425
↑ 34,268 Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 18 | RELIANCE5% ₹68 Cr 282,820
↓ -44,684 Axis Bank Ltd (Financial Services)
Equity, Since 30 Nov 22 | AXISBANK5% ₹66 Cr 766,398 IndusInd Bank Ltd (Financial Services)
Equity, Since 30 Jun 22 | INDUSINDBK5% ₹65 Cr 567,839 ITC Ltd Shs Dematerialised (Consumer Defensive)
Equity, Since 31 Dec 22 | ITC5% ₹62 Cr 1,446,275
↑ 66,875 Cholamandalam Investment and Finance Co Ltd (Financial Services)
Equity, Since 30 Jun 22 | CHOLAFIN4% ₹49 Cr 559,457 Rossari Biotech Ltd Ordinary Shares (Basic Materials)
Equity, Since 30 Apr 22 | ROSSARI3% ₹42 Cr 605,096 7. Principal Multi Cap Growth Fund
CAGR/Annualized return of 15.2% 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 (26 May 23) ₹243.458 ↑ 1.48 (0.61 %) Net Assets (Cr) ₹1,851 on 30 Apr 23 Category Equity - Multi Cap AMC Principal Pnb Asset Mgmt. Co. Priv. Ltd. Rating ☆☆☆☆ Risk Moderately High Expense Ratio 2.33 Sharpe Ratio -0.26 Information Ratio -0.87 Alpha Ratio -2.96 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 18 ₹10,000 30 Apr 19 ₹9,471 30 Apr 20 ₹7,906 30 Apr 21 ₹11,994 30 Apr 22 ₹15,502 30 Apr 23 ₹15,678 Returns for Principal Multi Cap Growth Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 26 May 23 Duration Returns 1 Month 4.4% 3 Month 5.5% 6 Month 0% 1 Year 14.6% 3 Year 30.3% 5 Year 11.2% 10 Year 15 Year Since launch 15.2% 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 1.33 Yr. Sudhir Kedia 1 Jan 22 1.33 Yr. Data below for Principal Multi Cap Growth Fund as on 30 Apr 23
Equity Sector Allocation
Sector Value Financial Services 28.69% Industrials 17.77% Consumer Cyclical 11.67% Basic Materials 10.49% Health Care 7.39% Technology 5.9% Consumer Defensive 4.73% Energy 4.04% Communication Services 3.71% Utility 2.26% Real Estate 1.84% Asset Allocation
Asset Class Value Cash 1.48% Equity 98.52% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK6% ₹108 Cr 1,174,228 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 09 | HDFCBANK5% ₹89 Cr 530,246 State Bank of India (Financial Services)
Equity, Since 30 Nov 08 | SBIN4% ₹78 Cr 1,357,380 Reliance Industries Ltd (Energy)
Equity, Since 31 Jan 05 | RELIANCE4% ₹75 Cr 308,999
↓ -113,956 Infosys Ltd (Technology)
Equity, Since 30 Apr 08 | INFY4% ₹75 Cr 596,069
↑ 72,614 Axis Bank Ltd (Financial Services)
Equity, Since 30 Sep 17 | AXISBANK3% ₹52 Cr 610,098 Navin Fluorine International Ltd (Basic Materials)
Equity, Since 31 Dec 21 | NAVINFLUOR3% ₹51 Cr 105,931
↑ 10,211 KSB Ltd (Industrials)
Equity, Since 31 Jul 22 | KSB2% ₹45 Cr 199,452 Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 31 Dec 21 | HINDUNILVR2% ₹42 Cr 172,869 NTPC Ltd Shs Dematerialised (Utilities)
Equity, Since 31 Mar 23 | NTPC2% ₹42 Cr 2,433,441
↑ 1,749,441 8. SBI Magnum Multicap Fund
CAGR/Annualized return of since its launch. Ranked 9 in Multi Cap category. Return for 2022 was 0.7% , 2021 was 30.8% and 2020 was 13.6% . SBI Magnum Multicap Fund
Growth Launch Date 29 Sep 05 NAV (26 May 23) ₹79.746 ↑ 0.54 (0.68 %) Net Assets (Cr) ₹16,458 on 30 Apr 23 Category Equity - Multi Cap AMC SBI Funds Management Private Limited Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.83 Sharpe Ratio -0.07 Information Ratio -0.68 Alpha Ratio -0.61 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 18 ₹10,000 30 Apr 19 ₹10,152 30 Apr 20 ₹8,653 30 Apr 21 ₹13,059 30 Apr 22 ₹15,378 30 Apr 23 ₹16,010 Returns for SBI Magnum Multicap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 26 May 23 Duration Returns 1 Month 4.8% 3 Month 7.3% 6 Month 2.8% 1 Year 14.2% 3 Year 27.5% 5 Year 11% 10 Year 15 Year Since launch Historical performance (Yearly) on absolute basis
Year Returns 2022 0.7% 2021 30.8% 2020 13.6% 2019 11% 2018 -5.5% 2017 37% 2016 5.8% 2015 9.8% 2014 56% 2013 5.2% Fund Manager information for SBI Magnum Multicap Fund
Name Since Tenure R. Srinivasan 1 Jan 22 1.33 Yr. Mohit Jain 1 Jan 22 1.33 Yr. Data below for SBI Magnum Multicap Fund as on 30 Apr 23
Equity Sector Allocation
Sector Value Financial Services 32.14% Consumer Cyclical 12.98% Industrials 10.45% Basic Materials 6.95% Consumer Defensive 6.87% Technology 6.46% Communication Services 5.97% Health Care 5.28% Energy 5.2% Utility 3.34% Asset Allocation
Asset Class Value Cash 4.36% Equity 95.64% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 17 | ICICIBANK9% ₹1,465 Cr 15,965,055
↑ 550,000 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 15 | HDFCBANK6% ₹1,029 Cr 6,095,354 ITC Ltd Shs Dematerialised (Consumer Defensive)
Equity, Since 31 Jul 14 | ITC6% ₹951 Cr 22,340,000
↓ -1,000,000 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 28 Feb 23 | KOTAKBANK5% ₹836 Cr 4,314,000
↑ 622,000 Infosys Ltd (Technology)
Equity, Since 31 Oct 20 | INFY4% ₹646 Cr 5,160,000 State Bank of India (Financial Services)
Equity, Since 31 Dec 20 | SBIN4% ₹581 Cr 10,038,901
↑ 1,500,000 Bank of Baroda (Financial Services)
Equity, Since 31 Dec 22 | BANKBARODA3% ₹440 Cr 23,455,000 Alphabet Inc Class A (Communication Services)
Equity, Since 31 Jul 21 | GOOGL3% ₹440 Cr 500,000 Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 20 | RELIANCE3% ₹433 Cr 1,788,270 Bajaj Finance Ltd (Financial Services)
Equity, Since 31 Oct 22 | BAJFINANCE3% ₹421 Cr 669,700
↑ 232,000
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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