SEBI sub-category

Multi Cap Fund funds

Funds

Regular plans only

Category 1Y avg

+3.92%

Category 5Y CAGR

+13.72%

Direct vs Regular

Direct Regular

5-Year return distribution

How the 24 Multi Cap Fund funds spread across return buckets. Taller bars = more funds in that band.

Risk vs Return — Multi Cap Fund

Each dot is a fund. Up-and-left = high return for low risk (the sweet spot). Down-and-right = under-performing with high volatility. Colour = 5-year peer quartile.

Q1 (top 25%) Q2 Q3 Q4 (bottom 25%) 3 funds plotted

All Multi Cap Fund funds

Sort by: 1Y 3Y 5Y 7Y 10Y

#	Scheme	NAV	1Y	3Y	5Y	7Y	10Y	Peer Q (5Y)	Sharpe	Max DD
1	Mahindra Manulife Multi Cap Fund - Regular Plan - Growth Mahindra Manulife	38.42	+5.53%	+17.35%	+16.09%	+20.20%	—	Q2	0.75	-20.6%
2	Aditya Birla Sun Life Multi-Cap Fund-Regular Growth Aditya Birla Sun Life	20.71	+3.10%	+13.96%	+12.91%	—	—	Q3	0.52	-20.3%
3	ITI Multi Cap Fund - Regular Plan - Growth Option ITI	25.60	+7.15%	+16.90%	+12.15%	+14.16%	—	Q4	0.66	-23.6%
4	Axis Multicap Fund - Regular Plan - Growth Axis	18.86	+4.67%	+18.66%	—	—	—	—	0.80	-18.5%
5	BAJAJ FINSERV MULTI CAP FUND - REGULAR - GROWTH Bajaj Finserv	12.02	+3.85%	—	—	—	—	—	—	—
6	BANDHAN MULTI CAP FUND - GROWTH - REGULAR PLAN Bandhan	17.47	+0.55%	+13.20%	—	—	—	—	0.51	-18.8%
7	Bank of India Multi Cap Fund Regular Plan - Growth Bank of India	19.89	+10.62%	+19.31%	—	—	—	—	0.95	-20.7%
8	Canara Robeco Multi Cap Fund - Regular Plan - Growth Option Canara Robeco	14.82	+0.61%	+14.01%	—	—	—	—	0.59	-18.8%
9	DSP Multicap Fund - Regular - Growth DSP	12.27	-0.95%	—	—	—	—	—	—	—
10	Edelweiss Multi Cap Fund - Regular Plan - Growth Edelweiss	15.66	+3.04%	—	—	—	—	—	—	—
11	Groww Multicap Fund - Regular - Growth Groww	11.64	+11.85%	—	—	—	—	—	—	—
12	HSBC Multi Cap Fund - Regular - Growth HSBC	19.81	+5.08%	+19.36%	—	—	—	—	0.78	-20.3%
13	Kotak Multicap Fund-Regular Plan-Growth Kotak	20.25	+6.33%	+18.17%	—	—	—	—	0.83	-21.4%
14	LIC MF Multi Cap Fund-Regular Plan-Growth LIC	18.26	+6.14%	+18.03%	—	—	—	—	0.74	-19.8%
15	Mirae Asset Multicap Fund - Regular Plan - Growth Mirae Asset	14.74	+2.04%	+13.71%	—	—	—	—	—	—
16	Motilal Oswal Multi Cap Fund Regular Plan Growth Motilal Oswal	13.83	-0.18%	—	—	—	—	—	—	—
17	PGIM India Multi Cap Fund - Regular Plan - Growth Option PGIM India	10.40	+4.54%	—	—	—	—	—	—	—
18	Samco Multi Cap Fund - Regular Plan - Growth Samco	8.65	-12.27%	—	—	—	—	—	—	—
19	SBI Multicap Fund- Regular Plan- Growth Option SBI	17.12	-1.72%	+13.99%	—	—	—	—	0.59	-15.6%
20	Tata Multicap Fund - Regular Plan - Growth Tata	15.53	+7.30%	+11.36%	—	—	—	—	0.37	-22.9%
21	TRUSTMF MULTI CAP FUND -REGULAR PLAN-GROWTH —	11.32	+13.09%	—	—	—	—	—	—	—
22	Union Multicap Fund - Regular Plan - Growth Option Union	17.14	+7.27%	+15.19%	—	—	—	—	0.62	-20.3%
23	UTI Multi Cap Fund - Regular Plan - Growth Option UTI	10.47	+0.77%	—	—	—	—	—	—	—
24	WhiteOak Capital Multi Cap Fund Regular Plan Growth WhiteOak Capital	16.06	+5.66%	—	—	—	—	—	—	—

Direct plans typically outperform Regular plans by around 50 basis points per year because they carry no distributor commission. The "Peer Q (5Y)" column shows the fund's quartile within this category over the 5-year window: Q1 = top 25%.

Frequently asked questions

Generated from this category's live aggregates — average returns, fund counts, quartile spreads. Updated daily.

Multi Cap Fund is a SEBI-defined mutual-fund category. Each scheme in it must follow the asset-allocation and exposure rules set out in the SEBI October-2017 categorisation circular. Equity bucket for tax purposes.

We currently track 24 active Multi Cap Fund schemes (Regular plan, Growth option). The list updates daily after AMFI publishes new NAVs and SEBI re-classifies schemes.

Over the last 5 years, the average Multi Cap Fund (Regular plan) has returned 13.72% CAGR — that turns ₹1 lakh into roughly ₹190,166. Over the last 12 months the category averaged 3.92%. Top-quartile funds in this category typically beat the average by 3-6 percentage points per year — fund selection within a category matters more than the category choice itself.

Over the trailing 5-year window, the highest-returning Multi Cap Fund in our database is **Mahindra Manulife Multi Cap Fund - Regular Plan - Growth** (Mahindra Manulife) with a CAGR of 16.09%. The category average is 13.72%. Past performance is no guarantee of future returns — top-quartile funds in one window often slip in the next.

The best 1-year return in the Multi Cap Fund category right now is **TRUSTMF MULTI CAP FUND -REGULAR PLAN-GROWTH** () at 13.09%. 1-year numbers are noisy and shouldn't be the sole basis for picking — cross-check rolling returns and 5-year CAGR before deciding.

Across all Multi Cap Fund schemes with 5 years of history, the 5-year CAGR ranges from 12.15% (worst) to 16.09% (best), with a median of 12.91%. That spread of about 4 percentage points between top and bottom is a useful gauge of how much fund selection matters in this category.

On ProfitGuruOnline you can browse either Multi Cap Fund Direct plans (lower expense ratio, no broker commission baked in) or Regular plans (sold through distributors). Use the filter on the category page. Direct typically outperforms Regular by 0.5-1% per year in the same scheme — meaningful over 10+ years.

Multi Cap Fund is classified as an Equity scheme. Held for 12 months or more: 12.5% LTCG on gains exceeding ₹1.25 lakh per FY per PAN. Held for under 12 months: 20% STCG. Rates updated by Budget 2024.

Yes. Equity categories like Multi Cap Fund are well-suited to SIP because the monthly drip averages out entry timing — you buy more units when NAVs are low. Over 7+ year horizons, SIP XIRRs typically end up within 1-2 pp of lump-sum, but with much less stress.

Multi Cap Fund schemes suit 5+ year horizons. Equity drawdowns of 25-40% are normal in a bad year; the long horizon lets you ride them out.

Moderate-to-high equity risk. Expect 20-30% drawdowns in normal corrections, 40%+ in severe bear markets like 2008 and 2020.

Two or three schemes from different AMCs is usually enough for a single category. Beyond that you'd be re-creating the category average minus your selection cost. Focus on consistency (% of rolling-return windows that ended positive) over chasing top performers — top quartile rarely repeats.

Quarterly is plenty for monitoring NAVs and aggregate gain; annually (or after major regulatory changes like Budget 2024) is the right cadence for re-evaluating against alternatives. Don't churn based on 1-month or even 1-year underperformance — equity funds need 3-5 year horizons to fairly judge.

We rank funds within each category by point-to-point CAGR over the chosen window (1Y, 3Y, 5Y, 7Y, 10Y, since inception), then assign quartile and decile bands so any fund's standing relative to peers is one click away. Numbers are recomputed nightly after AMFI's NAV publish.

Daily NAVs are pulled directly from AMFI's published feed. Category classification uses SEBI's October-2017 mutual-fund categorisation circular. We compute returns, rolling-window stats, SIP backtests, drawdowns and Sharpe ratios in-house — no third-party feeds, no hidden adjustments.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.