Multi Cap Mutual Funds
At least 25% each in large, mid and small caps — the split is mandatory.
Flexi cap's disciplined cousin. SEBI forces a real allocation to mid and small caps, so it cannot quietly become a large-cap fund in a nervous market. More small-cap exposure than most investors realise.
Who it suits. Investors who want guaranteed exposure across the whole market rather than a manager's changing view. Hold for 7 years or more.
Regular plans in this category
Returns as of 10 Nov 2026 · Regular · Growth option
- Kotak Multi Cap FundKotak Mahindra Mutual Fund · NAV ₹20.24 2.1% 15.7% 14.5%
- Nippon India Multi Cap FundNippon India Mutual Fund · NAV ₹298.70 -0.9% 12.6% 14.1%
- Mahindra Manulife Multi Cap FundMahindra Manulife Mutual Fund · NAV ₹39.60 10.2% 16.3% 12.7%
- ICICI Prudential Multi Cap FundICICI Prudential Mutual Fund · NAV ₹825.54 3.2% 13.7% 12.0%
- ITI Multi Cap FundITI Mutual Fund · NAV ₹26.42 11.3% 15.3% 11.7%
- Aditya Birla Sun Life Multi-Cap FundAditya Birla Sun Life Mutual Fund · NAV ₹21.36 7.1% 14.1% 10.5%
- Baroda BNP Paribas Multi Cap FundBaroda BNP Paribas Mutual Fund · NAV ₹296.44 2.3% 13.6% 10.5%
- Invesco India Multi Cap FundInvesco Mutual Fund · NAV ₹134.03 4.0% 12.4% 9.7%
- Quant Multi Cap Fundquant Mutual Fund · NAV ₹664.28 6.7% 9.5% 9.1%
- Axis Multicap FundAxis Mutual Fund · NAV ₹20.08 10.8% 18.4% —
- BANDHAN MULTI CAP FUNDBandhan Mutual Fund · NAV ₹17.55 1.6% 12.0% —
- BANK OF INDIA MULTI CAP FUNDBank of India Mutual Fund · NAV ₹20.24 10.7% 16.5% —
- Bajaj Finserv Multi Cap FundBajaj Finserv Mutual Fund · NAV ₹12.26 8.5% — —
- Canara Robeco Multi Cap FundCanara Robeco Mutual Fund · NAV ₹14.98 1.6% 12.8% —
- DSP Multi Cap FundDSP Mutual Fund · NAV ₹12.06 0.0% — —
- Edelweiss Multi Cap FundEdelweiss Mutual Fund · NAV ₹15.87 4.2% 14.7% —
- Franklin India Multi Cap FundFranklin Templeton Mutual Fund · NAV ₹10.69 1.3% — —
- Groww Multicap FundGroww Mutual Fund · NAV ₹12.13 14.0% — —
- HDFC Multi Cap FundHDFC Mutual Fund · NAV ₹18.70 -3.0% 10.6% —
- HSBC Multi Cap FundHSBC Mutual Fund · NAV ₹20.07 5.6% 15.7% —
- LIC MF Multi Cap FundLIC Mutual Fund · NAV ₹18.58 7.0% 16.3% —
- Mirae Asset Multicap FundMirae Asset Mutual Fund · NAV ₹14.59 -0.3% 12.2% —
- PGIM India Multi Cap FundPGIM India Mutual Fund · NAV ₹10.80 8.2% — —
- SBI MultiCap FundSBI Mutual Fund · NAV ₹17.15 -0.1% 12.6% —
- Samco Multi Cap FundSamco Mutual Fund · NAV ₹9.04 -0.1% — —
- Sundaram Multi Cap Fund (Formerly Known as Principal Multi Cap Growth Fund)Sundaram Mutual Fund · NAV ₹385.79 -1.0% 11.6% —
- TATA MULTICAP FUNDTata Mutual Fund · NAV ₹15.34 5.6% 9.3% —
- TRUSTMF MULTI CAP FUNDTrust Mutual Fund · NAV ₹11.92 14.4% — —
- The Wealth Company Multi Cap FundThe Wealth Company Mutual Fund · NAV ₹10.04 — — —
- UTI Multi Cap FundUTI Mutual Fund · NAV ₹10.61 1.3% — —
- Union Multicap FundUnion Mutual Fund · NAV ₹17.69 9.1% 14.1% —
- WhiteOak Capital Multi Cap FundWhiteOak Capital Mutual Fund · NAV ₹16.23 4.7% 16.8% —
Point-to-point CAGR from AMFI NAV history, Regular plans only, computed to 10 Nov 2026 with the same engine the fund pages use, so a fund's number here matches its own page. Ordered by five-year return so the list has a shape, not because the order is a judgement. Past returns do not predict future ones — a fund near the top is usually there because its style suited the last five years, and styles take turns.
Compare any two Multi Cap funds side by side (528 comparisons) →
Other categories
Questions people ask
What is a Multi Cap fund?
At least 25% each in large, mid and small caps — the split is mandatory. Flexi cap's disciplined cousin. SEBI forces a real allocation to mid and small caps, so it cannot quietly become a large-cap fund in a nervous market. More small-cap exposure than most investors realise.
Who should invest in Multi Cap funds?
Investors who want guaranteed exposure across the whole market rather than a manager's changing view. A sensible holding period is 7 years or more.
How is this list ordered?
By five-year CAGR computed from AMFI's published NAV history, within one plan type. It is a sort, not a verdict — a fund near the top is there because its style suited the last five years, which is not a promise about the next five.
Should I choose the Direct or Regular plan?
A Direct plan holds exactly the same portfolio without the distributor commission, so its expense ratio is lower — commonly 0.5% to 1.2% a year — and it compounds ahead of the Regular plan for ever. Choose Regular only if you want an intermediary's advice and are content to pay for it annually.
