Mutual funds that invest in businesses with a range of market capitalizations, including large, mid, and small businesses, are known as multi-cap funds. This enables investors to take advantage of both the stability offered by large caps and the growth potential of small and mid-sized businesses. The best multicap fund list of 5 will be covered in this article, along with their track record of long-term success and reliability in yielding returns.
-
HDFC Equity Fund
With more than 50,000 crores of rupees in assets under management, HDFC Equity Fund is one of the biggest and oldest multi-cap funds in India. One of the nation’s most seasoned fund managers, Prashant Jain, is in charge of the fund. With an average return of more than 15% over the last ten years, the fund has significantly outperformed its benchmark index. The fund invests in high-quality firms that are trading at fair prices, using a bottom-up stock selection strategy. Its portfolio comprises a decent mix of major, mid, and small-cap firms. For investors seeking long-term capital growth over a period of ten years or more, the fund is appropriate.
-
Axis Bluechip Fund
Another sizable multi-cap fund that concentrates on making investments in premium large-cap firms is Axis Bluechip Fund. Since its launch, Jinesh Gopani has been managing the fund, which has regularly exceeded its benchmark over extended periods of time. The fund has generated annualized returns of more than 14% during the last ten years. The fund looks for businesses with significant competitive advantages, good returns on capital, and room to grow using an investment strategy based on research. Although it contains several excellent mid-caps, it leans more toward large-caps. For investors seeking to build long-term wealth through a diverse portfolio of large- and mid-cap equities, the fund is a smart choice.
-
SBI Magnum Multicap Fund
Since its launch, Saurabh Nanavati has been managing the SBI Magnum Multicap Fund, which has a strong history of exceeding its benchmark over extended periods of time. The fund finds attractively valued businesses across a range of market caps by using a bottom-up investment selection strategy. The past ten years have seen annualized returns of more than 13.5% from it. The fund is able to dynamically adjust its allocation of assets among large, mid, and small-cap stocks based on the state of the market and current valuations. Although it has a preference for large-cap stocks, its portfolio also includes several excellent mid- and small-cap stocks. Long-term investors seeking financial appreciation through a diverse portfolio should consider this fund.
-
Mirae Asset Emerging Bluechip Fund
A sizable multi-cap fund called Mirae Asset Emerging Bluechip Fund is dedicated to making investments in developing bluechip businesses of all market sizes. Since its launch, Neelesh Surana has been managing the fund, which has routinely exceeded its benchmark over extended periods of time. In the last ten years, it has produced annualized returns over 14 percent. The fund employs a research-based investment strategy to find up-and-coming industry leaders with the potential to grow into sizable businesses in the future. Its portfolio contains some large-cap stocks, although it leans more toward mid- and small-cap stocks. Aggressive long-term investors seeking wealth appreciation through developing leaders across market caps may consider this fund.
-
Kotak Standard Multicap Fund
Since its launch, Harsha Upadhyaya has been managing the Kotak Standard Multicap Fund, which has a strong history of exceeding its benchmark over extended periods of time. The fund finds attractively valued firms across market caps through a research-based investment selection procedure. In the last ten years, it has produced annualized returns over 13 percent. Depending on the current market valuations, the fund can dynamically adjust its asset allocation across large, mid, and small-cap stocks. Although it has a preference for large and mid-cap stocks, its portfolio also includes several excellent small-cap stocks. Long-term investors seeking wealth appreciation through a diversified portfolio of companies with varying market sizes might consider this fund.
Conclusion
Over extended periods of ten years, the aforementioned best mf to invest—HDFC Equity Fund, Axis Bluechip Fund, SBI Magnum Multicap Fund, Mirae Asset Emerging Bluechip Fund, and Kotak Standard Multicap Fund—have continuously beaten their benchmarks. They are overseen by seasoned fund managers with a solid performance history. These funds are a good option for long-term stock portfolios of investors who want to take advantage of the growth potential of companies with varying market capitalization. Over a ten-to fifteen-year period, regular SIP investments in these funds can contribute to wealth creation.
