2021 Best Multi Cap Mutual Funds To Invest In India

Best Multi Cap Mutual Funds To Invest In India
Best Multi Cap Mutual Funds To Invest In India

The multi cap mutual funds are the options of investing in which the investments are made in the large-cap, mid-cap, and small-cap stocks at a time in a specific proportion instead of making such investment in a particular type all at once.

These types of multi cap mutual funds are the type of equity mutual funds as they provide the potential flexibility to the fund manager in attaining high returns or profits.

The fund manager switches in between the stocks not only for the purpose of the high returns but also for the reason that they propose good diversification.

Basically, the multi cap mutual funds consist of an open-ended equity scheme that offers investing across large cap, mid cap, and small cap mutual funds as well.

There Are Certain Features Of Multi Cap Mutual Funds

  • The multi cap mutual funds offer the retail investors to lower the risk by way of distributing the wealth in a diversified manner.
  • It allows the retail investors as well as the wholesale investors to attain potential returns by putting their amount of money across the multi cap mutual funds.
  • It averses the risk of the investors by significantly investing in multi cap mutual funds.
  • Also, multi cap mutual funds are characteristically ideal for the new born retail investors & the wholesale investors to make an investment across such diversified portfolio.

Investing in these diversified multi cap mutual funds are suitable for those who are ready to looking forward for the investors who desired to make a low risk investment.

It is suitable for the people who are looking forward to such schemes in which investment, in the long run, can be made but such retail and the wholesale investors are not having such financial plan or the scheme at present and also, these kind of investment are suitable for the person who are willing to invest in short term mutual funds but without long time financial commitments.

List Of Best Multi Cap Mutual Funds In India

1. Quant Active Fund Direct Growth

The annual returns of this fund in the last three years have given about 27.71%. The recent record of this fund was 108.81% and it is continuously setting the benchmark in the equity segment.

It is one of the most known equity mutual fund in India and it is constantly reaching the heights. The minimum amount required for the purpose of investment in this scheme is Rs.5000 and the minimum SIP amount for investment requires is Rs.1000.

2. Mahindra Manulife Multi Cap Badhat Yojana Direct Growth

In the last three years, the annual fund in the last three years of this fund is 20.865 and the recent record of returns is 79.87% as it is constantly hitting a potential benchmark in the equity segment.

The minimum amount required for the purpose of investment in this scheme is Rs.1000 and the minimum SIP amount for investment requires is Rs.500.

3. Baroda Multi Cap Fund Direct Growth

The annual returns of this fund in the last three years have given about 14.65% and the recent record of returns is 71%. Also, this scheme is heading towards to reaching the higher goals.

The minimum amount required for the purpose of investment in this scheme is Rs.5000 and the minimum SIP amount for the purpose of investment requires is Rs.500.

4. INVESCO India Multi Cap Fund Direct Growth

In the last three years, the annual returns of this fund is 14.43% and the recent record of this fund is 72.67% and it is potentially hitting benchmark in equity segment as being a remarkable equity mutual funds in India.

The minimum amount required for the purpose of investment in this scheme is Rs.1000 and minimum SIP amount for the purpose of investment requires is Rs.500.

5. ICICI Prudential Multi Cap Fund Direct Plan Growth

In the last three years, the annual return of this fund is 13.93% and the recent record of this fund is 69.94%. Also, it is potentially reaching a benchmark in the equity segment.

The minimum amount required for the purpose of investment in this scheme is Rs.5000 and the minimum SIP amount for the purpose of investment requires is Rs.100.

6. Principal Multi Cap Growth Fund Direct Growth

The record of the return of last three years is about 12.94% and the recent record of this fund is 69.43% as also it is constantly hitting the benchmark of being one of the best multi cap mutual funds of India.

The minimum amount required for the purpose of investment in this scheme is Rs. 300 and the minimum SIP amount for the purpose of investment Requires Rs.100.

7. BNP Paribas Multi Cap Fund Direct Growth

The record of the return of last three years is about 14.75% and the recent record of this fund is 61.99%. Also, it is heading towards hitting the potential goals.

The minimum amount required for the purpose of investment in this scheme is Rs.5000 and the minimum SIP amount for the purpose of investment requires Rs.300.

8. Nippon India Multi Cap Fund Direct Growth

The record of the last three years is about 11.7% and the recent record of this fund is 78.77%.

The minimum amount required for the purpose of investment in this scheme is Rs.100 and the minimum SIP amount for the purpose of investment under this scheme requires Rs.100.

9. Sundaram Equity Fund Direct Growth

The recent annual record of this fund is 67.63%. The minimum amount required for the purpose of investment in this scheme is Rs.100 and the minimum SIP amount for the purpose of investment under this scheme requires Rs.100.

10. Aditya Birla Sun Life Multi Cap Fund Direct Growth

This is also one of the best multi cap mutual funds which is continuously hitting its potential benchmark. The minimum amount required for the purpose of investment in this scheme is Rs. 500 and the minimum SIP amount for the purpose of investment under this scheme requires Rs. 500.

Also Read: Top 5 Best Fund Managers In India

Conclusion

It is suggested that the new investors who want to have long run financial planning with the factor of lowering the risk should opt for the multi cap mutual funds as they are diversified portfolios with equity oriented investment.

The large cap stocks are generally stable and allow having returns even in adverse market situations along with good opportunities.

The mid cap stocks are to provide mid and small cap sectors. When there is no such specific focus on the capitalization of the market, such multi cap mutual funds provide beating returns with potential outperformance.

The multi caps mutual funds do not qualify for tax savings but these are flexible ones because the fund managers use the strategies to make it flexible for the portfolio.

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