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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 (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 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 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 ₹56.1752
↓ -0.11 ₹11,126 12.9 25.3 53.8 18.2 17.6 31 Kotak Standard Multicap Fund Growth ₹81.806
↓ -0.59 ₹51,094 12 21.8 36.5 18.2 18.7 24.2 Mirae Asset India Equity Fund Growth ₹108.797
↓ -0.24 ₹39,951 11.3 16.8 25.3 14.5 16.7 18.4 JM Multicap Fund Growth ₹104.298
↓ -0.68 ₹3,216 17 34.1 63 31.4 27.4 40 Principal Multi Cap Growth Fund Growth ₹367.594
↓ -1.53 ₹2,725 12.4 18.9 39.1 20.2 22 31.1 Aditya Birla Sun Life Equity Fund Growth ₹1,698.15
↓ -3.77 ₹21,896 10.7 19.2 34.7 16.5 19.4 26 IDFC Focused Equity Fund Growth ₹78.655
↓ -0.25 ₹1,641 8.4 15.6 32.1 16.2 18.1 31.3 SBI Magnum Multicap Fund Growth ₹108.044
↑ 0.31 ₹21,990 10 14.1 27.2 15.4 17.6 22.8 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 23 Jul 24 1. Motilal Oswal Multicap 35 Fund
CAGR/Annualized return of 18.4% 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 (23 Jul 24) ₹56.1752 ↓ -0.11 (-0.20 %) Net Assets (Cr) ₹11,126 on 30 Jun 24 Category Equity - Multi Cap AMC Motilal Oswal Asset Management Co. Ltd Rating ☆☆☆☆☆ Risk Moderately High Expense Ratio 1.41 Sharpe Ratio 3.73 Information Ratio -0.18 Alpha Ratio 20.55 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 Jun 19 ₹10,000 30 Jun 20 ₹8,669 30 Jun 21 ₹12,540 30 Jun 22 ₹11,191 30 Jun 23 ₹13,470 30 Jun 24 ₹20,930 Returns for Motilal Oswal Multicap 35 Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 23 Jul 24 Duration Returns 1 Month 3.1% 3 Month 12.9% 6 Month 25.3% 1 Year 53.8% 3 Year 18.2% 5 Year 17.6% 10 Year 15 Year Since launch 18.4% 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 Yr. Santosh Singh 1 Aug 23 0.92 Yr. Rakesh Shetty 22 Nov 22 1.61 Yr. Sunil Sawant 1 Jul 24 0 Yr. Data below for Motilal Oswal Multicap 35 Fund as on 30 Jun 24
Equity Sector Allocation
Sector Value Industrials 28.12% Consumer Cyclical 19.98% Financial Services 19.97% Technology 14.93% Communication Services 9.02% Basic Materials 2.02% Real Estate 1.15% Asset Allocation
Asset Class Value Cash 4.82% Equity 95.18% Top Securities Holdings / Portfolio
Name Holding Value Quantity Jio Financial Services Ltd (Financial Services)
Equity, Since 31 Jul 23 | 54394010% ₹1,128 Cr 31,500,000 Persistent Systems Ltd (Technology)
Equity, Since 31 Mar 23 | PERSISTENT10% ₹1,060 Cr 2,500,000
↑ 300,000 Tube Investments of India Ltd Ordinary Shares (Industrials)
Equity, Since 31 May 22 | TIINDIA8% ₹852 Cr 2,000,000
↓ -150,000 Polycab India Ltd (Industrials)
Equity, Since 31 Jan 24 | POLYCAB7% ₹741 Cr 1,100,000 Zomato Ltd (Consumer Cyclical)
Equity, Since 30 Apr 23 | 5433206% ₹719 Cr 35,861,258
↑ 861,258 Kalyan Jewellers India Ltd (Consumer Cyclical)
Equity, Since 30 Sep 23 | KALYANKJIL6% ₹613 Cr 12,225,000
↓ -1,775,000 Coforge Ltd (Technology)
Equity, Since 31 May 23 | COFORGE5% ₹600 Cr 1,100,000
↑ 50,000 Cholamandalam Investment and Finance Co Ltd (Financial Services)
Equity, Since 31 Mar 23 | CHOLAFIN5% ₹534 Cr 3,750,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Apr 24 | BHARTIARTL4% ₹433 Cr 3,000,000
↑ 1,000,000 Trent Ltd (Consumer Cyclical)
Equity, Since 31 Jan 23 | TRENT4% ₹411 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 (23 Jul 24) ₹81.806 ↓ -0.59 (-0.72 %) Net Assets (Cr) ₹51,094 on 30 Jun 24 Category Equity - Multi Cap AMC Kotak Mahindra Asset Management Co Ltd Rating ☆☆☆☆☆ Risk Moderately High Expense Ratio 1.35 Sharpe Ratio 2.5 Information Ratio -0.34 Alpha Ratio 3.27 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 Jun 19 ₹10,000 30 Jun 20 ₹8,897 30 Jun 21 ₹13,362 30 Jun 22 ₹12,971 30 Jun 23 ₹16,105 30 Jun 24 ₹22,374 Returns for Kotak Standard Multicap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 23 Jul 24 Duration Returns 1 Month 2% 3 Month 12% 6 Month 21.8% 1 Year 36.5% 3 Year 18.2% 5 Year 18.7% 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 11.91 Yr. Arjun Khanna 1 Mar 22 2.34 Yr. Data below for Kotak Standard Multicap Fund as on 30 Jun 24
Equity Sector Allocation
Sector Value Financial Services 23.62% Industrials 19.13% Basic Materials 18% Consumer Cyclical 13.08% Energy 7.3% Technology 5.99% Health Care 3.69% Consumer Defensive 3.27% Utility 2.8% Communication Services 2.43% Asset Allocation
Asset Class Value Cash 0.56% Equity 99.44% Other 0% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 30 Sep 10 | ICICIBANK6% ₹3,179 Cr 26,500,000 Bharat Electronics Ltd (Industrials)
Equity, Since 31 Aug 14 | BEL6% ₹2,998 Cr 98,000,000
↓ -2,000,000 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 10 | HDFCBANK5% ₹2,593 Cr 15,400,000
↑ 1,825,000 UltraTech Cement Ltd (Basic Materials)
Equity, Since 31 Mar 14 | ULTRACEMCO4% ₹2,100 Cr 1,800,000
↓ -75,000 Jindal Steel & Power Ltd (Basic Materials)
Equity, Since 31 Mar 18 | JINDALSTEL4% ₹2,089 Cr 20,000,000 Axis Bank Ltd (Financial Services)
Equity, Since 31 May 12 | AXISBANK4% ₹2,024 Cr 16,000,000
↓ -500,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Sep 13 | LT4% ₹2,023 Cr 5,700,000
↓ -300,000 State Bank of India (Financial Services)
Equity, Since 31 Jan 12 | SBIN4% ₹2,021 Cr 23,800,000
↓ -1,200,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Jan 16 | RELIANCE4% ₹1,816 Cr 5,800,000 Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 30 Jun 22 | MARUTI3% ₹1,775 Cr 1,475,000
↓ -25,000 3. Mirae Asset India Equity Fund
CAGR/Annualized return of 15.8% 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 (23 Jul 24) ₹108.797 ↓ -0.24 (-0.22 %) Net Assets (Cr) ₹39,951 on 30 Jun 24 Category Equity - Multi Cap AMC Mirae Asset Global Inv (India) Pvt. Ltd Rating ☆☆☆☆☆ Risk Moderately High Expense Ratio 1.21 Sharpe Ratio 1.52 Information Ratio -1.01 Alpha Ratio -3.19 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 Jun 19 ₹10,000 30 Jun 20 ₹8,877 30 Jun 21 ₹13,671 30 Jun 22 ₹13,619 30 Jun 23 ₹16,282 30 Jun 24 ₹20,361 Returns for Mirae Asset India Equity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 23 Jul 24 Duration Returns 1 Month 4.2% 3 Month 11.3% 6 Month 16.8% 1 Year 25.3% 3 Year 14.5% 5 Year 16.7% 10 Year 15 Year Since launch 15.8% 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 5.42 Yr. Data below for Mirae Asset India Equity Fund as on 30 Jun 24
Equity Sector Allocation
Sector Value Financial Services 36.99% Technology 12.74% Consumer Cyclical 8.09% Basic Materials 7.88% Energy 7.88% Consumer Defensive 6.93% Industrials 6.76% Health Care 5.3% Communication Services 3.99% Utility 1.56% Real Estate 0.51% Asset Allocation
Asset Class Value Cash 1.37% Equity 98.62% Other 0% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 09 | HDFCBANK10% ₹4,034 Cr 23,959,554
↓ -560,771 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK8% ₹3,007 Cr 25,065,475 Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 08 | RELIANCE7% ₹2,822 Cr 9,014,496
↓ -1,124,849 Infosys Ltd (Technology)
Equity, Since 31 May 08 | INFY6% ₹2,587 Cr 16,509,054 Axis Bank Ltd (Financial Services)
Equity, Since 31 Mar 14 | AXISBANK5% ₹1,968 Cr 15,557,041
↓ -982,886 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Aug 10 | BHARTIARTL4% ₹1,439 Cr 9,965,971 Larsen & Toubro Ltd (Industrials)
Equity, Since 29 Feb 12 | LT4% ₹1,438 Cr 4,052,241 State Bank of India (Financial Services)
Equity, Since 31 Jul 08 | SBIN4% ₹1,431 Cr 16,858,326
↓ -400,000 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Jul 15 | KOTAKBANK3% ₹1,323 Cr 7,339,503
↓ -1,614,167 ITC Ltd (Consumer Defensive)
Equity, Since 29 Feb 12 | ITC3% ₹1,170 Cr 27,540,126 4. JM Multicap Fund
CAGR/Annualized return of 16% 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 (23 Jul 24) ₹104.298 ↓ -0.68 (-0.65 %) Net Assets (Cr) ₹3,216 on 30 Jun 24 Category Equity - Multi Cap AMC JM Financial Asset Management Limited Rating ☆☆☆☆ Risk Moderately High Expense Ratio 2.54 Sharpe Ratio 3.68 Information Ratio 2.23 Alpha Ratio 20.2 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 Jun 19 ₹10,000 30 Jun 20 ₹9,452 30 Jun 21 ₹14,385 30 Jun 22 ₹15,018 30 Jun 23 ₹19,854 30 Jun 24 ₹32,602 Returns for JM Multicap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 23 Jul 24 Duration Returns 1 Month 2.7% 3 Month 17% 6 Month 34.1% 1 Year 63% 3 Year 31.4% 5 Year 27.4% 10 Year 15 Year Since launch 16% 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 2.87 Yr. Gurvinder Wasan 1 Dec 22 1.58 Yr. Chaitanya Choksi 31 Dec 21 2.5 Yr. Data below for JM Multicap Fund as on 30 Jun 24
Equity Sector Allocation
Sector Value Industrials 22.9% Financial Services 22.11% Consumer Cyclical 14.84% Basic Materials 12.91% Technology 6.75% Health Care 5.16% Communication Services 3.64% Energy 3.61% Consumer Defensive 2.7% Utility 1.87% Real Estate 1.5% Asset Allocation
Asset Class Value Cash 2.02% Equity 97.98% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 30 Nov 23 | HDFCBANK5% ₹175 Cr 1,040,500
↑ 540,000 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 21 | ICICIBANK3% ₹106 Cr 880,800
↑ 55,000 State Bank of India (Financial Services)
Equity, Since 30 Nov 20 | SBIN3% ₹91 Cr 1,075,000
↑ 75,000 Infosys Ltd (Technology)
Equity, Since 30 Nov 20 | INFY3% ₹89 Cr 567,750
↑ 300,000 Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 29 Feb 24 | M&M3% ₹86 Cr 300,000
↑ 25,000 Blue Star Ltd (Industrials)
Equity, Since 31 Jan 23 | BLUESTARCO3% ₹85 Cr 518,881
↑ 77,500 Texmaco Rail & Engineering Ltd (Industrials)
Equity, Since 30 Jun 24 | TEXRAIL2% ₹79 Cr 3,168,573
↑ 3,168,573 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Nov 10 | LT2% ₹78 Cr 220,231
↑ 17,500 Grasim Industries Ltd (Basic Materials)
Equity, Since 30 Apr 24 | GRASIM2% ₹77 Cr 289,000
↑ 50,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Mar 24 | BHARTIARTL2% ₹74 Cr 515,000
↑ 50,000 5. Principal Multi Cap Growth Fund
CAGR/Annualized return of 16.4% 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 (23 Jul 24) ₹367.594 ↓ -1.53 (-0.42 %) Net Assets (Cr) ₹2,725 on 30 Jun 24 Category Equity - Multi Cap AMC Principal Pnb Asset Mgmt. Co. Priv. Ltd. Rating ☆☆☆☆ Risk Moderately High Expense Ratio 2.16 Sharpe Ratio 2.52 Information Ratio -0.34 Alpha Ratio -0.44 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 Jun 19 ₹10,000 30 Jun 20 ₹8,729 30 Jun 21 ₹14,282 30 Jun 22 ₹14,854 30 Jun 23 ₹17,996 30 Jun 24 ₹25,587 Returns for Principal Multi Cap Growth Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 23 Jul 24 Duration Returns 1 Month 2.6% 3 Month 12.4% 6 Month 18.9% 1 Year 39.1% 3 Year 20.2% 5 Year 22% 10 Year 15 Year Since launch 16.4% 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 2.5 Yr. Sudhir Kedia 1 Jan 22 2.5 Yr. Data below for Principal Multi Cap Growth Fund as on 30 Jun 24
Equity Sector Allocation
Sector Value Financial Services 20.92% Industrials 18.43% Consumer Cyclical 15.06% Technology 7.94% Energy 7.34% Health Care 6.88% Basic Materials 5.33% Communication Services 4.51% Consumer Defensive 3.59% Utility 2.71% Real Estate 2.67% Asset Allocation
Asset Class Value Cash 4.59% Equity 95.41% Top Securities Holdings / Portfolio
Name Holding Value Quantity Reliance Industries Ltd (Energy)
Equity, Since 31 Jan 05 | RELIANCE6% ₹174 Cr 556,134
↑ 18,073 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 09 | HDFCBANK5% ₹126 Cr 746,575
↑ 64,355 Power Finance Corp Ltd (Financial Services)
Equity, Since 30 Apr 23 | PFC3% ₹82 Cr 1,689,887 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 May 23 | LT3% ₹82 Cr 230,154
↑ 97,847 Axis Bank Ltd (Financial Services)
Equity, Since 31 Jan 24 | AXISBANK3% ₹81 Cr 637,469
↓ -96,633 KSB Ltd (Industrials)
Equity, Since 31 Jul 22 | KSB3% ₹79 Cr 168,351 TVS Holdings Ltd (Consumer Cyclical)
Equity, Since 30 Sep 23 | TVSHLTD3% ₹76 Cr 57,143
↓ -399 NTPC Ltd (Utilities)
Equity, Since 31 Mar 23 | NTPC3% ₹74 Cr 1,955,077 Indian Bank (Financial Services)
Equity, Since 31 Dec 23 | INDIANB3% ₹73 Cr 1,337,683
↑ 48,824 Infosys Ltd (Technology)
Equity, Since 30 Apr 08 | INFY3% ₹73 Cr 464,761 6. Aditya Birla Sun Life Equity Fund
CAGR/Annualized return of 21.9% 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 (23 Jul 24) ₹1,698.15 ↓ -3.77 (-0.22 %) Net Assets (Cr) ₹21,896 on 30 Jun 24 Category Equity - Multi Cap AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.78 Sharpe Ratio 2.11 Information Ratio -1.17 Alpha Ratio -2.55 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 Jun 19 ₹10,000 30 Jun 20 ₹8,816 30 Jun 21 ₹14,415 30 Jun 22 ₹13,691 30 Jun 23 ₹16,836 30 Jun 24 ₹22,893 Returns for Aditya Birla Sun Life Equity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 23 Jul 24 Duration Returns 1 Month 3.3% 3 Month 10.7% 6 Month 19.2% 1 Year 34.7% 3 Year 16.5% 5 Year 19.4% 10 Year 15 Year Since launch 21.9% 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 0.66 Yr. Dhaval Joshi 21 Nov 22 1.61 Yr. Data below for Aditya Birla Sun Life Equity Fund as on 30 Jun 24
Equity Sector Allocation
Sector Value Financial Services 30.61% Consumer Cyclical 12.11% Technology 10.25% Health Care 10.09% Industrials 10.03% Basic Materials 8.79% Consumer Defensive 7.04% Communication Services 4.59% Energy 4.33% Utility 0.46% Asset Allocation
Asset Class Value Cash 1.69% Equity 98.31% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 16 | ICICIBANK7% ₹1,604 Cr 13,371,007
↓ -128,993 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 08 | HDFCBANK5% ₹1,028 Cr 6,102,898
↓ -397,102 Infosys Ltd (Technology)
Equity, Since 30 Apr 05 | INFY5% ₹1,018 Cr 6,500,000 Reliance Industries Ltd (Energy)
Equity, Since 31 May 19 | RELIANCE4% ₹877 Cr 2,800,000
↑ 102,757 Sun Pharmaceuticals Industries Ltd (Healthcare)
Equity, Since 31 Dec 18 | SUNPHARMA4% ₹816 Cr 5,366,534
↓ -133,466 Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Nov 17 | BHARTIARTL4% ₹796 Cr 5,513,446
↓ -486,554 HCL Technologies Ltd (Technology)
Equity, Since 30 Nov 11 | 5322813% ₹730 Cr 5,000,000
↓ -791,256 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Dec 23 | LT3% ₹608 Cr 1,713,497 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 28 Feb 19 | KOTAKBANK2% ₹541 Cr 3,000,000 Cholamandalam Investment and Finance Co Ltd (Financial Services)
Equity, Since 31 Jan 15 | CHOLAFIN2% ₹529 Cr 3,715,494
↓ -70,611 7. IDFC Focused Equity Fund
CAGR/Annualized return of 11.9% 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 (23 Jul 24) ₹78.655 ↓ -0.25 (-0.32 %) Net Assets (Cr) ₹1,641 on 30 Jun 24 Category Equity - Multi Cap AMC IDFC Asset Management Company Limited Rating ☆☆☆☆ Risk Moderately High Expense Ratio 2.2 Sharpe Ratio 1.74 Information Ratio -0.53 Alpha Ratio -5.71 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 Jun 19 ₹10,000 30 Jun 20 ₹9,122 30 Jun 21 ₹13,365 30 Jun 22 ₹12,832 30 Jun 23 ₹15,906 30 Jun 24 ₹21,479 Returns for IDFC Focused Equity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 23 Jul 24 Duration Returns 1 Month 0.3% 3 Month 8.4% 6 Month 15.6% 1 Year 32.1% 3 Year 16.2% 5 Year 18.1% 10 Year 15 Year Since launch 11.9% 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 7.7 Yr. Ritika Behera 7 Oct 23 0.73 Yr. Data below for IDFC Focused Equity Fund as on 30 Jun 24
Equity Sector Allocation
Sector Value Financial Services 31.29% Consumer Cyclical 20.75% Industrials 13.85% Technology 8.8% Energy 5.84% Real Estate 4.9% Health Care 4.82% Consumer Defensive 4.28% Asset Allocation
Asset Class Value Cash 5.47% Equity 94.53% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 19 | HDFCBANK9% ₹154 Cr 912,664
↓ -86,509 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | ICICIBANK9% ₹146 Cr 1,220,178
↓ -9,483 Apar Industries Ltd (Industrials)
Equity, Since 31 Aug 23 | APARINDS6% ₹97 Cr 114,160
↑ 3,040 Reliance Industries Ltd (Energy)
Equity, Since 31 Aug 23 | RELIANCE6% ₹96 Cr 305,924
↓ -12,232 Trent Ltd (Consumer Cyclical)
Equity, Since 30 Nov 22 | TRENT5% ₹83 Cr 151,842
↓ -5,779 Cholamandalam Investment and Finance Co Ltd (Financial Services)
Equity, Since 30 Jun 22 | CHOLAFIN5% ₹81 Cr 566,203
↓ -41,885 Phoenix Mills Ltd (Real Estate)
Equity, Since 30 Nov 22 | PHOENIXLTD5% ₹80 Cr 223,835 PB Fintech Ltd (Financial Services)
Equity, Since 29 Feb 24 | 5433903% ₹52 Cr 370,433 Angel One Ltd Ordinary Shares (Financial Services)
Equity, Since 31 May 24 | ANGELONE3% ₹51 Cr 194,767
↑ 20,287 Dixon Technologies (India) Ltd (Technology)
Equity, Since 31 May 24 | DIXON3% ₹50 Cr 41,933
↓ -8,242 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 (22 Jul 24) ₹108.044 ↑ 0.31 (0.29 %) Net Assets (Cr) ₹21,990 on 30 Jun 24 Category Equity - Multi Cap AMC SBI Funds Management Private Limited Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.75 Sharpe Ratio 1.85 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 30 Jun 19 ₹10,000 30 Jun 20 ₹8,603 30 Jun 21 ₹13,717 30 Jun 22 ₹13,655 30 Jun 23 ₹16,430 30 Jun 24 ₹21,241 Returns for SBI Magnum Multicap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 23 Jul 24 Duration Returns 1 Month 2.6% 3 Month 10% 6 Month 14.1% 1 Year 27.2% 3 Year 15.4% 5 Year 17.6% 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 2.5 Yr. Pradeep Kesavan 31 Dec 23 0.5 Yr. Data below for SBI Magnum Multicap Fund as on 30 Jun 24
Equity Sector Allocation
Sector Value Financial Services 26.4% Consumer Cyclical 15.25% Industrials 12.27% Basic Materials 10.07% Energy 8.16% Technology 6.92% Consumer Defensive 5.47% Communication Services 4.94% Health Care 3.28% Utility 1.79% Asset Allocation
Asset Class Value Cash 5.43% Equity 94.57% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 15 | HDFCBANK7% ₹1,537 Cr 9,125,354
↑ 4,900,000 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 28 Feb 23 | KOTAKBANK6% ₹1,345 Cr 7,464,000 Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 20 | RELIANCE6% ₹1,297 Cr 4,143,270 Infosys Ltd (Technology)
Equity, Since 31 Oct 20 | INFY3% ₹756 Cr 4,825,000 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 17 | ICICIBANK3% ₹721 Cr 6,010,055
↓ -4,550,000 Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 30 Jun 22 | M&M3% ₹679 Cr 2,370,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 19 | LT3% ₹646 Cr 1,821,034
↑ 550,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Sep 16 | BHARTIARTL2% ₹542 Cr 3,750,000 Cognizant Technology Solutions Corp Class A (Technology)
Equity, Since 31 Jan 24 | CTSH2% ₹511 Cr 900,000 Nuvoco Vista Corp Ltd (Basic Materials)
Equity, Since 31 Aug 21 | 5433342% ₹461 Cr 12,710,062
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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