Top Multi Cap Funds: Through mutual funds, you get the option to invest your money in different sectors, companies, asset classes. There are many categories of mutual funds and multi cap funds are one of these categories.
The money invested in multi cap funds goes into all three types of companies – large cap, mid cap and small cap. Here we will know about those multi cap funds which have given the highest returns in the last 5 years.
Baroda BNP Paribas Multi Cap Fund
According to AMFI data, the direct plan of Baroda BNP Paribas Multi Cap Fund has given a return of 25.42 percent in the last 5 years. If a lump sum investment of Rs 1 lakh was made in this scheme 5 years ago, then today that money would have grown to Rs 3,10,337.
Invesco India Multi Cap Fund
The direct plan of ICICI India Multi Cap Fund has given a return of 25.55 percent in the last 5 years. If a lump sum investment of Rs 1 lakh was made in this scheme 5 years ago, then today that money would have grown to Rs 3,11,949.
Nippon India Multi Cap Fund
The direct plan of Nippon India Multi Cap Fund has given a return of 26.52 percent in the last 5 years. If a lump sum investment of Rs 1 lakh was made in this scheme 5 years ago, then today that money would have grown to Rs 3,24,187.
Mahindra Manulife Multi Cap Fund
Mahindra Manulife Multi Cap Fund’s direct plan has given a return of 27.40 percent in the last 5 years. If a lump sum investment of Rs 1 lakh was made in this scheme 5 years ago, then today that money would have grown to Rs 3,35,619.
Quant Active Fund
Quant Active Fund is a multi-cap fund. Its direct plan has given a return of 30.83 percent in the last 5 years. If a lump sum investment of Rs 1 lakh was made in this scheme 5 years ago, then today that money would have grown to Rs 3,75,512.
According to SEBI rules, under multi-cap funds, mutual fund companies have to invest at least 25 percent of their money in large cap, mid cap and small cap. They can invest the remaining 25 percent anywhere as per their choice.
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