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Best Multicap Equity Mutual Funds To Invest In 2024
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 2024
(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 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 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 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 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. Aditya Birla Sun Life Equity Fund is a Equity - Multi Cap fund was launched on 27 Aug 98. It is a fund with Moderately High risk and has given a Below is the key information for Aditya Birla Sun Life 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. 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 (%) 2023 (%) Motilal Oswal Multicap 35 Fund Growth ₹62.0649
↑ 0.32 ₹11,466 15.3 35.2 57.6 19.8 19.8 31 Kotak Standard Multicap Fund Growth ₹83.978
↓ -0.06 ₹53,783 5.3 21.6 34.5 16.6 19.6 24.2 Mirae Asset India Equity Fund Growth ₹114.063
↓ -0.03 ₹41,352 10.5 20.6 27.3 13.2 18.1 18.4 JM Multicap Fund Growth ₹108.351
↑ 0.47 ₹3,855 9.1 32.4 58.1 28.5 28 40 IDFC Focused Equity Fund Growth ₹87.428
↑ 0.62 ₹1,652 13.4 29.1 43.5 18.1 20.8 31.3 Principal Multi Cap Growth Fund Growth ₹389.935
↑ 1.78 ₹2,831 9.1 25.8 39.7 19.4 24.2 31.1 Aditya Birla Sun Life Equity Fund Growth ₹1,804.24
↓ -0.58 ₹22,792 10.8 24.1 36.8 15.9 21.1 26 SBI Magnum Multicap Fund Growth ₹112.28
↑ 1.59 ₹22,816 7.9 17.4 28.9 14.3 18.7 22.8 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 13 Sep 24 1. Motilal Oswal Multicap 35 Fund
CAGR/Annualized return of 19.2% since its launch. Ranked 5 in Multi Cap category. Return for 2023 was 31% , 2022 was -3% and 2021 was 15.3% . Motilal Oswal Multicap 35 Fund
Growth Launch Date 28 Apr 14 NAV (13 Sep 24) ₹62.0649 ↑ 0.32 (0.52 %) Net Assets (Cr) ₹11,466 on 31 Jul 24 Category Equity - Multi Cap AMC Motilal Oswal Asset Management Co. Ltd Rating ☆☆☆☆☆ Risk Moderately High Expense Ratio 0.94 Sharpe Ratio 3.89 Information Ratio -0.27 Alpha Ratio 21.43 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 19 ₹10,000 31 Aug 20 ₹9,995 31 Aug 21 ₹14,199 31 Aug 22 ₹13,429 31 Aug 23 ₹15,308 31 Aug 24 ₹23,620 Returns for Motilal Oswal Multicap 35 Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 13 Sep 24 Duration Returns 1 Month 10.3% 3 Month 15.3% 6 Month 35.2% 1 Year 57.6% 3 Year 19.8% 5 Year 19.8% 10 Year 15 Year Since launch 19.2% Historical performance (Yearly) on absolute basis
Year Returns 2023 31% 2022 -3% 2021 15.3% 2020 10.3% 2019 7.9% 2018 -7.8% 2017 43.1% 2016 8.5% 2015 14.6% 2014 Fund Manager information for Motilal Oswal Multicap 35 Fund
Name Since Tenure Niket Shah 1 Jul 22 2.09 Yr. Santosh Singh 1 Aug 23 1 Yr. Rakesh Shetty 22 Nov 22 1.69 Yr. Sunil Sawant 1 Jul 24 0.08 Yr. Data below for Motilal Oswal Multicap 35 Fund as on 31 Jul 24
Equity Sector Allocation
Sector Value Industrials 23.41% Technology 21.62% Consumer Cyclical 17.25% Financial Services 16.49% Communication Services 8.16% Basic Materials 2.43% Asset Allocation
Asset Class Value Cash 11.72% Equity 88.28% Top Securities Holdings / Portfolio
Name Holding Value Quantity Persistent Systems Ltd (Technology)
Equity, Since 31 Mar 23 | PERSISTENT11% ₹1,208 Cr 2,500,000 Polycab India Ltd (Industrials)
Equity, Since 31 Jan 24 | POLYCAB10% ₹1,114 Cr 1,625,000
↑ 525,000 Jio Financial Services Ltd (Financial Services)
Equity, Since 31 Jul 23 | 5439409% ₹1,035 Cr 31,500,000 Coforge Ltd (Technology)
Equity, Since 31 May 23 | COFORGE7% ₹757 Cr 1,200,000
↑ 100,000 Kalyan Jewellers India Ltd (Consumer Cyclical)
Equity, Since 30 Sep 23 | KALYANKJIL6% ₹710 Cr 12,250,000
↑ 25,000 Cholamandalam Investment and Finance Co Ltd (Financial Services)
Equity, Since 31 Mar 23 | CHOLAFIN5% ₹552 Cr 3,900,000
↑ 150,000 Bharti Airtel Ltd (Partly Paid Rs.1.25) (Communication Services)
Equity, Since 30 Apr 24 | 8901574% ₹488 Cr 4,500,000
↑ 750,000 Tube Investments of India Ltd Ordinary Shares (Industrials)
Equity, Since 31 May 22 | TIINDIA4% ₹476 Cr 1,150,000
↓ -850,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Apr 24 | BHARTIARTL4% ₹447 Cr 3,000,000 Trent Ltd (Consumer Cyclical)
Equity, Since 31 Jan 23 | 5002514% ₹438 Cr 750,000 2. Kotak Standard Multicap Fund
CAGR/Annualized return of 15.2% since its launch. Ranked 3 in Multi Cap category. Return for 2023 was 24.2% , 2022 was 5% and 2021 was 25.4% . Kotak Standard Multicap Fund
Growth Launch Date 11 Sep 09 NAV (13 Sep 24) ₹83.978 ↓ -0.06 (-0.07 %) Net Assets (Cr) ₹53,783 on 31 Jul 24 Category Equity - Multi Cap AMC Kotak Mahindra Asset Management Co Ltd Rating ☆☆☆☆☆ Risk Moderately High Expense Ratio 1.51 Sharpe Ratio 2.51 Information Ratio -0.51 Alpha Ratio 3.06 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 19 ₹10,000 31 Aug 20 ₹10,224 31 Aug 21 ₹15,321 31 Aug 22 ₹15,847 31 Aug 23 ₹17,889 31 Aug 24 ₹24,509 Returns for Kotak Standard Multicap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 13 Sep 24 Duration Returns 1 Month 4.6% 3 Month 5.3% 6 Month 21.6% 1 Year 34.5% 3 Year 16.6% 5 Year 19.6% 10 Year 15 Year Since launch 15.2% Historical performance (Yearly) on absolute basis
Year Returns 2023 24.2% 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% Fund Manager information for Kotak Standard Multicap Fund
Name Since Tenure Harsha Upadhyaya 4 Aug 12 12 Yr. Arjun Khanna 1 Mar 22 2.42 Yr. Data below for Kotak Standard Multicap Fund as on 31 Jul 24
Equity Sector Allocation
Sector Value Financial Services 22.45% Industrials 18.77% Basic Materials 17.26% Consumer Cyclical 13.05% Energy 7.25% Technology 6.97% Health Care 3.91% Consumer Defensive 3.33% Utility 2.92% Communication Services 2.38% Asset Allocation
Asset Class Value Cash 1.72% Equity 98.28% Other 0% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 30 Sep 10 | ICICIBANK6% ₹3,219 Cr 26,500,000 Bharat Electronics Ltd (Industrials)
Equity, Since 31 Aug 14 | BEL6% ₹3,097 Cr 98,000,000 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 10 | HDFCBANK5% ₹2,585 Cr 16,000,000
↑ 600,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Sep 13 | LT4% ₹2,175 Cr 5,700,000 UltraTech Cement Ltd (Basic Materials)
Equity, Since 31 Mar 14 | ULTRACEMCO4% ₹2,140 Cr 1,800,000 State Bank of India (Financial Services)
Equity, Since 31 Jan 12 | SBIN4% ₹2,076 Cr 23,800,000 Infosys Ltd (Technology)
Equity, Since 30 Nov 10 | INFY4% ₹1,999 Cr 10,700,000
↑ 200,000 Jindal Steel & Power Ltd (Basic Materials)
Equity, Since 31 Mar 18 | 5322864% ₹1,927 Cr 19,500,000
↓ -500,000 Axis Bank Ltd (Financial Services)
Equity, Since 31 May 12 | 5322153% ₹1,866 Cr 16,000,000 Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 30 Jun 22 | MARUTI3% ₹1,771 Cr 1,350,000
↓ -125,000 3. Mirae Asset India Equity Fund
CAGR/Annualized return of 16% since its launch. Ranked 19 in Multi Cap category. Return for 2023 was 18.4% , 2022 was 1.6% and 2021 was 27.7% . Mirae Asset India Equity Fund
Growth Launch Date 4 Apr 08 NAV (13 Sep 24) ₹114.063 ↓ -0.03 (-0.03 %) Net Assets (Cr) ₹41,352 on 31 Jul 24 Category Equity - Multi Cap AMC Mirae Asset Global Inv (India) Pvt. Ltd Rating ☆☆☆☆☆ Risk Moderately High Expense Ratio 1.19 Sharpe Ratio 1.65 Information Ratio -1.05 Alpha Ratio -2.49 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 31 Aug 19 ₹10,000 31 Aug 20 ₹10,508 31 Aug 21 ₹15,681 31 Aug 22 ₹16,031 31 Aug 23 ₹17,569 31 Aug 24 ₹22,879 Returns for Mirae Asset India Equity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 13 Sep 24 Duration Returns 1 Month 6.1% 3 Month 10.5% 6 Month 20.6% 1 Year 27.3% 3 Year 13.2% 5 Year 18.1% 10 Year 15 Year Since launch 16% Historical performance (Yearly) on absolute basis
Year Returns 2023 18.4% 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% Fund Manager information for Mirae Asset India Equity Fund
Name Since Tenure Gaurav Misra 31 Jan 19 5.5 Yr. Data below for Mirae Asset India Equity Fund as on 31 Jul 24
Equity Sector Allocation
Sector Value Financial Services 34.53% Technology 13.83% Consumer Cyclical 9.22% Basic Materials 8.75% Consumer Defensive 7.14% Industrials 7.11% Energy 7.04% Health Care 5.8% Communication Services 3.9% Utility 1.55% Real Estate 0.68% Asset Allocation
Asset Class Value Cash 0.46% Equity 99.54% Other 0% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 09 | HDFCBANK9% ₹3,702 Cr 22,909,966
↓ -1,049,588 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK7% ₹3,033 Cr 24,965,475
↓ -100,000 Infosys Ltd (Technology)
Equity, Since 31 May 08 | INFY7% ₹2,968 Cr 15,885,278
↓ -623,776 Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 08 | RELIANCE6% ₹2,518 Cr 8,364,425
↓ -650,071 Axis Bank Ltd (Financial Services)
Equity, Since 31 Mar 14 | 5322154% ₹1,710 Cr 14,662,082
↓ -894,959 Larsen & Toubro Ltd (Industrials)
Equity, Since 29 Feb 12 | LT4% ₹1,546 Cr 4,052,241 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Aug 10 | BHARTIARTL4% ₹1,486 Cr 9,965,971 State Bank of India (Financial Services)
Equity, Since 31 Jul 08 | SBIN3% ₹1,432 Cr 16,412,904
↓ -445,422 ITC Ltd (Consumer Defensive)
Equity, Since 29 Feb 12 | ITC3% ₹1,364 Cr 27,540,126 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Jul 15 | KOTAKBANK3% ₹1,327 Cr 7,339,503 4. JM Multicap Fund
CAGR/Annualized return of 16.1% since its launch. Ranked 16 in Multi Cap category. Return for 2023 was 40% , 2022 was 7.8% and 2021 was 32.9% . JM Multicap Fund
Growth Launch Date 23 Sep 08 NAV (13 Sep 24) ₹108.351 ↑ 0.47 (0.44 %) Net Assets (Cr) ₹3,855 on 31 Jul 24 Category Equity - Multi Cap AMC JM Financial Asset Management Limited Rating ☆☆☆☆ Risk Moderately High Expense Ratio 2.17 Sharpe Ratio 3.66 Information Ratio 2.2 Alpha Ratio 19.72 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 31 Aug 19 ₹10,000 31 Aug 20 ₹9,986 31 Aug 21 ₹15,945 31 Aug 22 ₹17,123 31 Aug 23 ₹21,382 31 Aug 24 ₹34,657 Returns for JM Multicap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 13 Sep 24 Duration Returns 1 Month 3.9% 3 Month 9.1% 6 Month 32.4% 1 Year 58.1% 3 Year 28.5% 5 Year 28% 10 Year 15 Year Since launch 16.1% Historical performance (Yearly) on absolute basis
Year Returns 2023 40% 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% Fund Manager information for JM Multicap Fund
Name Since Tenure Satish Ramanathan 20 Aug 21 2.95 Yr. Gurvinder Wasan 1 Dec 22 1.67 Yr. Chaitanya Choksi 31 Dec 21 2.58 Yr. Data below for JM Multicap Fund as on 31 Jul 24
Equity Sector Allocation
Sector Value Industrials 22.19% Financial Services 18.24% Basic Materials 15.61% Consumer Cyclical 14.15% Technology 9.13% Health Care 7.17% Energy 4.82% Consumer Defensive 2.93% Communication Services 1.55% Real Estate 1.34% Utility 0.87% Asset Allocation
Asset Class Value Cash 2.01% Equity 97.99% Top Securities Holdings / Portfolio
Name Holding Value Quantity REC Ltd (Financial Services)
Equity, Since 30 Nov 22 | 5329554% ₹139 Cr 2,158,063
↑ 750,000 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Nov 23 | HDFCBANK4% ₹136 Cr 840,500
↓ -200,000 Infosys Ltd (Technology)
Equity, Since 30 Nov 20 | INFY3% ₹126 Cr 672,750
↑ 105,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Nov 10 | LT3% ₹124 Cr 325,231
↑ 105,000 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 21 | ICICIBANK3% ₹107 Cr 880,800 Petronet LNG Ltd (Energy)
Equity, Since 30 Apr 24 | 5325223% ₹99 Cr 2,675,000
↑ 1,050,000 State Bank of India (Financial Services)
Equity, Since 30 Nov 20 | SBIN2% ₹94 Cr 1,075,000 Blue Star Ltd (Industrials)
Equity, Since 31 Jan 23 | BLUESTARCO2% ₹89 Cr 518,881 Grasim Industries Ltd (Basic Materials)
Equity, Since 30 Apr 24 | GRASIM2% ₹89 Cr 319,000
↑ 30,000 Ambuja Cements Ltd (Basic Materials)
Equity, Since 30 Jun 24 | 5004252% ₹87 Cr 1,280,000
↑ 260,000 5. IDFC Focused Equity Fund
CAGR/Annualized return of 12.4% since its launch. Ranked 13 in Multi Cap category. Return for 2023 was 31.3% , 2022 was -5% and 2021 was 24.6% . IDFC Focused Equity Fund
Growth Launch Date 16 Mar 06 NAV (13 Sep 24) ₹87.428 ↑ 0.62 (0.71 %) Net Assets (Cr) ₹1,652 on 31 Jul 24 Category Equity - Multi Cap AMC IDFC Asset Management Company Limited Rating ☆☆☆☆ Risk Moderately High Expense Ratio 2.13 Sharpe Ratio 1.76 Information Ratio 0 Alpha Ratio 0 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 19 ₹10,000 31 Aug 20 ₹11,553 31 Aug 21 ₹15,730 31 Aug 22 ₹16,216 31 Aug 23 ₹17,978 31 Aug 24 ₹25,738 Returns for IDFC Focused Equity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 13 Sep 24 Duration Returns 1 Month 9.9% 3 Month 13.4% 6 Month 29.1% 1 Year 43.5% 3 Year 18.1% 5 Year 20.8% 10 Year 15 Year Since launch 12.4% Historical performance (Yearly) on absolute basis
Year Returns 2023 31.3% 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% Fund Manager information for IDFC Focused Equity Fund
Name Since Tenure Sumit Agrawal 20 Oct 16 7.78 Yr. Ritika Behera 7 Oct 23 0.82 Yr. Gaurav Satra 7 Jun 24 0.15 Yr. Data below for IDFC Focused Equity Fund as on 31 Jul 24
Equity Sector Allocation
Sector Value Financial Services 30.52% Consumer Cyclical 22.04% Industrials 14.2% Technology 9.78% Energy 5.58% Real Estate 4.87% Health Care 4.56% Consumer Defensive 4.12% Asset Allocation
Asset Class Value Cash 4.33% Equity 95.67% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | ICICIBANK9% ₹148 Cr 1,220,178 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 19 | HDFCBANK9% ₹147 Cr 912,664 Apar Industries Ltd (Industrials)
Equity, Since 31 Aug 23 | APARINDS6% ₹105 Cr 114,160 Reliance Industries Ltd (Energy)
Equity, Since 31 Aug 23 | RELIANCE6% ₹92 Cr 305,924 Trent Ltd (Consumer Cyclical)
Equity, Since 30 Nov 22 | 5002515% ₹89 Cr 151,842 Phoenix Mills Ltd (Real Estate)
Equity, Since 30 Nov 22 | 5031005% ₹81 Cr 223,835 Cholamandalam Investment and Finance Co Ltd (Financial Services)
Equity, Since 30 Jun 22 | CHOLAFIN5% ₹80 Cr 566,203 Infosys Ltd (Technology)
Equity, Since 31 Oct 19 | INFY4% ₹59 Cr 314,307 FSN E-Commerce Ventures Ltd (Consumer Cyclical)
Equity, Since 31 May 24 | 5433843% ₹54 Cr 2,812,367 PB Fintech Ltd (Financial Services)
Equity, Since 29 Feb 24 | 5433903% ₹54 Cr 370,433 6. Principal Multi Cap Growth Fund
CAGR/Annualized return of 16.6% since its launch. Ranked 12 in Multi Cap category. Return for 2023 was 31.1% , 2022 was -1.6% and 2021 was 46.3% . Principal Multi Cap Growth Fund
Growth Launch Date 25 Oct 00 NAV (13 Sep 24) ₹389.935 ↑ 1.78 (0.46 %) Net Assets (Cr) ₹2,831 on 31 Jul 24 Category Equity - Multi Cap AMC Principal Pnb Asset Mgmt. Co. Priv. Ltd. Rating ☆☆☆☆ Risk Moderately High Expense Ratio 2.05 Sharpe Ratio 2.51 Information Ratio -0.54 Alpha Ratio -0.36 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 19 ₹10,000 31 Aug 20 ₹10,393 31 Aug 21 ₹17,157 31 Aug 22 ₹18,531 31 Aug 23 ₹20,765 31 Aug 24 ₹29,341 Returns for Principal Multi Cap Growth Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 13 Sep 24 Duration Returns 1 Month 5.9% 3 Month 9.1% 6 Month 25.8% 1 Year 39.7% 3 Year 19.4% 5 Year 24.2% 10 Year 15 Year Since launch 16.6% Historical performance (Yearly) on absolute basis
Year Returns 2023 31.1% 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% Fund Manager information for Principal Multi Cap Growth Fund
Name Since Tenure Ratish Varier 1 Jan 22 2.58 Yr. Sudhir Kedia 1 Jan 22 2.58 Yr. Data below for Principal Multi Cap Growth Fund as on 31 Jul 24
Equity Sector Allocation
Sector Value Financial Services 20.33% Industrials 17.02% Consumer Cyclical 14.91% Technology 9.02% Energy 8.27% Health Care 7.37% Basic Materials 5.23% Communication Services 4.64% Consumer Defensive 3.54% Utility 2.87% Real Estate 2.4% Asset Allocation
Asset Class Value Cash 4.37% Equity 95.63% Top Securities Holdings / Portfolio
Name Holding Value Quantity Reliance Industries Ltd (Energy)
Equity, Since 31 Jan 05 | RELIANCE6% ₹167 Cr 556,134 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 09 | HDFCBANK4% ₹121 Cr 746,575 Power Finance Corp Ltd (Financial Services)
Equity, Since 30 Apr 23 | 5328103% ₹94 Cr 1,689,887 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 May 23 | LT3% ₹88 Cr 230,571
↑ 417 Infosys Ltd (Technology)
Equity, Since 30 Apr 08 | INFY3% ₹87 Cr 464,761 Indian Bank (Financial Services)
Equity, Since 31 Dec 23 | 5328143% ₹82 Cr 1,339,692
↑ 2,009 NTPC Ltd (Utilities)
Equity, Since 31 Mar 23 | 5325553% ₹81 Cr 1,955,077 TVS Holdings Ltd (Consumer Cyclical)
Equity, Since 30 Sep 23 | 5200563% ₹77 Cr 55,825
↓ -1,318 KSB Ltd (Industrials)
Equity, Since 31 Jul 22 | KSB3% ₹77 Cr 796,180
↓ -45,575 Brigade Enterprises Ltd (Real Estate)
Equity, Since 31 Dec 20 | 5329292% ₹68 Cr 539,440 7. Aditya Birla Sun Life Equity Fund
CAGR/Annualized return of 22.1% since its launch. Ranked 16 in Multi Cap category. Return for 2023 was 26% , 2022 was -1.1% and 2021 was 30.3% . Aditya Birla Sun Life Equity Fund
Growth Launch Date 27 Aug 98 NAV (13 Sep 24) ₹1,804.24 ↓ -0.58 (-0.03 %) Net Assets (Cr) ₹22,792 on 31 Jul 24 Category Equity - Multi Cap AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.69 Sharpe Ratio 2.15 Information Ratio -1.39 Alpha Ratio -2.5 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 31 Aug 19 ₹10,000 31 Aug 20 ₹10,531 31 Aug 21 ₹16,642 31 Aug 22 ₹16,489 31 Aug 23 ₹18,715 31 Aug 24 ₹26,225 Returns for Aditya Birla Sun Life Equity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 13 Sep 24 Duration Returns 1 Month 7.1% 3 Month 10.8% 6 Month 24.1% 1 Year 36.8% 3 Year 15.9% 5 Year 21.1% 10 Year 15 Year Since launch 22.1% Historical performance (Yearly) on absolute basis
Year Returns 2023 26% 2022 -1.1% 2021 30.3% 2020 16.1% 2019 8.5% 2018 -4.1% 2017 33.5% 2016 15.2% 2015 2.9% 2014 56.6% Fund Manager information for Aditya Birla Sun Life Equity Fund
Name Since Tenure Harish Krishnan 3 Nov 23 0.74 Yr. Dhaval Joshi 21 Nov 22 1.7 Yr. Data below for Aditya Birla Sun Life Equity Fund as on 31 Jul 24
Equity Sector Allocation
Sector Value Financial Services 28.72% Consumer Cyclical 12.02% Technology 11.33% Health Care 10.78% Industrials 10.54% Basic Materials 8.81% Consumer Defensive 6.79% Communication Services 4.51% Energy 4.05% Real Estate 0.55% Utility 0.49% Asset Allocation
Asset Class Value Cash 1.39% Equity 98.61% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 16 | ICICIBANK7% ₹1,614 Cr 13,287,988
↓ -83,019 Infosys Ltd (Technology)
Equity, Since 30 Apr 05 | INFY5% ₹1,214 Cr 6,500,000 Sun Pharmaceuticals Industries Ltd (Healthcare)
Equity, Since 31 Dec 18 | SUNPHARMA4% ₹923 Cr 5,366,534 Reliance Industries Ltd (Energy)
Equity, Since 31 May 19 | RELIANCE4% ₹843 Cr 2,800,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Nov 17 | BHARTIARTL4% ₹814 Cr 5,456,484
↓ -56,962 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 08 | HDFCBANK4% ₹813 Cr 5,031,369
↓ -1,071,529 HCL Technologies Ltd (Technology)
Equity, Since 30 Nov 11 | HCLTECH4% ₹806 Cr 4,908,537
↓ -91,463 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Dec 23 | LT3% ₹654 Cr 1,713,497 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 28 Feb 19 | KOTAKBANK3% ₹597 Cr 3,300,000
↑ 300,000 Cholamandalam Investment and Finance Co Ltd (Financial Services)
Equity, Since 31 Jan 15 | CHOLAFIN2% ₹500 Cr 3,529,319
↓ -186,175 8. SBI Magnum Multicap Fund
CAGR/Annualized return of since its launch. Ranked 9 in Multi Cap category. Return for 2023 was 22.8% , 2022 was 0.7% and 2021 was 30.8% . SBI Magnum Multicap Fund
Growth Launch Date 29 Sep 05 NAV (12 Sep 24) ₹112.28 ↑ 1.59 (1.44 %) Net Assets (Cr) ₹22,816 on 31 Jul 24 Category Equity - Multi Cap AMC SBI Funds Management Private Limited Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.72 Sharpe Ratio 1.86 Information Ratio 0 Alpha Ratio 0 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 31 Aug 19 ₹10,000 31 Aug 20 ₹10,031 31 Aug 21 ₹15,759 31 Aug 22 ₹16,163 31 Aug 23 ₹17,946 31 Aug 24 ₹23,645 Returns for SBI Magnum Multicap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 13 Sep 24 Duration Returns 1 Month 3.6% 3 Month 7.9% 6 Month 17.4% 1 Year 28.9% 3 Year 14.3% 5 Year 18.7% 10 Year 15 Year Since launch Historical performance (Yearly) on absolute basis
Year Returns 2023 22.8% 2022 0.7% 2021 30.8% 2020 13.6% 2019 11% 2018 -5.5% 2017 37% 2016 5.8% 2015 9.8% 2014 56% Fund Manager information for SBI Magnum Multicap Fund
Name Since Tenure R. Srinivasan 1 Jan 22 2.58 Yr. Pradeep Kesavan 31 Dec 23 0.58 Yr. Data below for SBI Magnum Multicap Fund as on 31 Jul 24
Equity Sector Allocation
Sector Value Financial Services 25.66% Consumer Cyclical 15.97% Industrials 12.73% Basic Materials 10.59% Energy 7.91% Technology 7.31% Communication Services 6.34% Consumer Defensive 5.82% Health Care 3.61% Utility 2.42% Asset Allocation
Asset Class Value Cash 1.65% Equity 98.35% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 15 | HDFCBANK6% ₹1,297 Cr 8,025,354
↓ -1,100,000 Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 20 | RELIANCE5% ₹1,247 Cr 4,143,270 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 28 Feb 23 | KOTAKBANK5% ₹1,100 Cr 6,084,000
↓ -1,380,000 Infosys Ltd (Technology)
Equity, Since 31 Oct 20 | INFY4% ₹840 Cr 4,495,000
↓ -330,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 19 | LT3% ₹695 Cr 1,821,034 Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 30 Jun 22 | M&M3% ₹631 Cr 2,170,000
↓ -200,000 State Bank of India (Financial Services)
Equity, Since 31 Mar 24 | SBIN3% ₹600 Cr 6,873,826
↑ 3,873,826 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 17 | ICICIBANK3% ₹572 Cr 4,710,055
↓ -1,300,000 Cognizant Technology Solutions Corp Class A (Technology)
Equity, Since 31 Jan 24 | CTSH3% ₹570 Cr 900,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Sep 16 | BHARTIARTL2% ₹559 Cr 3,750,000
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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