Groww Multicap Fund vs ITI Multi Cap Fund
Groww Multicap Fund and ITI Multi Cap Fund are both Multi Cap funds. As of 6 Nov 2026 (Direct plan, Growth option): 3-year CAGR — vs +17.15%, 5-year CAGR — vs +14.16%, volatility 20.03% vs 17.34%, maximum drawdown −16.53% vs −38.66%. Their portfolios overlap by 20.2% (18 stocks held by both).
Showing the Direct plan, Growth option. Portfolio, sector and market-cap figures are the same for every plan and option of a fund.
Key facts
| Groww Multicap | ITI Multi Cap | |
|---|---|---|
| Fund house | Groww Mutual Fund | ITI Mutual Fund |
| Compared as | Multi Cap | Multi Cap |
| NAV | ₹12.4723 | ₹30.1877 |
| NAV date | 6 Nov 2026 | 6 Nov 2026 |
| Launched (first NAV) | 18 Dec 2024 | 16 May 2019 |
| Track record | 1.9 yrs | 7.5 yrs |
| Fund size (AUM) | ₹1,687 Cr | ₹1,500 Cr |
| Securities held | 82 | 77 |
| Portfolio as of | 30 Sep 2026 | 30 Sep 2026 |
| Fund page | Full record → | Full record → |
Returns
| Groww Multicap | ITI Multi Cap | |
|---|---|---|
| 1 month | +0.51% | +1.36% |
| 3 months | +0.90% | +0.78% |
| 6 months | +7.66% | +6.45% |
| 1 year | +15.51% | +12.23% |
| 3 years (CAGR) | — | +17.15% |
| 5 years (CAGR) | — | +14.16% |
| 7 years (CAGR) | — | +15.21% |
| 10 years (CAGR) | — | — |
| Since launch (CAGR) | +12.35% | +15.90% |
| SIP return (XIRR, 5 years) ⓘ | — | +16.42% |
Up to one year: absolute return. Beyond one year: CAGR. Computed from each fund's own NAV history (AMFI), measured to the latest NAV.
Calendar-year returns
| Groww Multicap | ITI Multi Cap | |
|---|---|---|
| 2026 (year to date) | +15.03% | +10.04% |
| 2025 | +9.04% | +4.33% |
| 2024 | — | +22.24% |
| 2023 | — | +41.14% |
| 2022 | — | +4.97% |
| 2021 | — | +21.85% |
Risk
| Groww Multicap | ITI Multi Cap | |
|---|---|---|
| Volatility (annualised) ⓘ | 20.03% | 17.34% |
| Downside volatility ⓘ | 13.06% | 11.71% |
| Sharpe ratio ⓘ | 0.29 | 0.61 |
| Sortino ratio ⓘ | 0.45 | 0.91 |
| Maximum drawdown ⓘ | −16.53% | −38.66% |
| Recovery from that fall | 3 months | 9 months |
| Current fall from peak | −2.32% | −1.37% |
| Rolling 1-year return: worst | +6.94% | −18.54% |
| Rolling 1-year return: median | +16.14% | +9.88% |
| Rolling 1-year return: best | +26.59% | +84.91% |
| Share of 1-year periods with a loss | 0.00% | 23.56% |
Against each fund's benchmark
| Groww Multicap | ITI Multi Cap | |
|---|---|---|
| Beta ⓘ | 1.08 | 1.02 |
| Alpha (Jensen's, annualised) ⓘ | +10.65% | +4.05% |
| R² ⓘ | 91.80 | 92.64 |
| Upside capture | 140.44% | 114.81% |
| Downside capture | 97.34% | 100.17% |
| Tracking error | 6.00% | 4.82% |
| Information ratio | 1.73 | 0.93 |
| Treynor ratio | 3.72 | 9.42 |
Portfolio
Asset mix
| Groww Multicap | ITI Multi Cap | |
|---|---|---|
| Equity | 96.01% | 96.64% |
| Cash & equivalents | 3.96% | 3.36% |
Market-cap split (share of fund assets)
| Groww Multicap | ITI Multi Cap | |
|---|---|---|
| Large Cap | 27.04% | 39.51% |
| Mid Cap | 26.89% | 26.26% |
| Small Cap | 29.81% | 25.12% |
| Unclassified | 12.30% | 5.75% |
Concentration
| Groww Multicap | ITI Multi Cap | |
|---|---|---|
| Top 10 holdings | 28.11% | 26.84% |
| Effective number of stocks ⓘ | 57.4 | 63.3 |
| Securities held | 82 | 77 |
Portfolio overlap: 20.2%
18 companies are held by both funds; by weight, 20.2% of the two portfolios is the same. That is a low overlap: the two portfolios are largely different.
| Held by both | Groww Multicap | ITI Multi Cap |
|---|---|---|
| TD Power Systems Limited | 3.07% | 3.09% |
| Multi Commodity Exchange of India Limited | 2.28% | 2.09% |
| Bharti Airtel Limited | 2.66% | 1.87% |
| Larsen & Toubro Limited | 1.75% | 1.63% |
| Page Industries Limited | 1.50% | 1.20% |
| LG Electronics India Ltd | 1.09% | 1.19% |
| ICICI Bank Limited | 1.09% | 3.63% |
| Max Financial Services Limited | 1.97% | 1.08% |
| State Bank of India | 1.03% | 1.49% |
| Shriram Finance Limited | 1.39% | 1.01% |
| Divi's Laboratories Limited | 1.00% | 1.40% |
| Mahindra & Mahindra Limited | 2.34% | 0.90% |
| Vedanta Aluminium Metal Limited | 1.21% | 0.85% |
| TVS Motor Company Ltd. | 0.75% | 1.32% |
| Symbiotec Pharmalab Limited | 0.94% | 0.67% |
Top 10 holdings
Groww Multicap
- TREPS 01-OCT-20263.48%
- Manipal Payment and Identity Solutions Ltd3.43%
- TD Power Systems Limited3.07%
- Ujjivan Small Finance Bank Limited2.95%
- Hyundai Motor India Ltd.2.72%
- Bharti Airtel Limited2.66%
- Onemi Technology Solutions Limited2.55%
- Ashok Leyland Limited2.49%
- Kanohar Electricals Limited2.42%
- Mahindra & Mahindra Limited2.34%
ITI Multi Cap
- Hitachi Energy India Limited3.77%
- ICICI Bank Limited3.63%
- TD Power Systems Limited3.09%
- HDFC Bank Limited3.01%
- Reliance Industries Limited2.77%
- Avalon Technologies Limited2.34%
- Aditya Infotech Limited2.27%
- Multi Commodity Exchange of India Limited2.09%
- One 97 Communications Limited2.00%
- Bharti Airtel Limited1.87%
Sector exposure
| Groww Multicap | ITI Multi Cap | |
|---|---|---|
| Banks | 6.12% | 15.34% |
| Electrical Equipment | 10.61% | 13.18% |
| Automobiles | 10.13% | 3.01% |
| Auto Components | 9.96% | 4.36% |
| Finance | 9.35% | 1.63% |
| Pharmaceuticals & Biotechnology | 4.42% | 9.02% |
| Capital Markets | 6.09% | 2.78% |
| Chemicals & Petrochemicals | 2.86% | 5.54% |
| Agricultural, Commercial & Construction Vehicles | 4.99% | 0.00% |
| Industrial Products | 4.87% | 1.70% |
| Consumer Durables | 1.09% | 4.47% |
| Industrial Manufacturing | 0.00% | 4.04% |
| Unclassified | 3.48% | 0.00% |
| Financial Technology (Fintech) | 3.43% | 2.00% |
Questions people ask
What is the difference between Groww Multicap and ITI Multi Cap returns?
As of 6 Nov 2026, Direct plan Growth option: 1-year return +15.51% vs +12.23%; 3-year CAGR — vs +17.15%; 5-year CAGR — vs +14.16%; 10-year CAGR — vs —. Past returns do not indicate future returns.
How do Groww Multicap and ITI Multi Cap compare on risk?
Volatility (36 monthly returns, annualised) 20.03% vs 17.34%; Sharpe ratio 0.29 vs 0.61; Sortino ratio 0.45 vs 0.91; maximum drawdown −16.53% vs −38.66%; beta 1.08 vs 1.02.
How much do Groww Multicap and ITI Multi Cap overlap?
By weight, 20.2% of the two portfolios is invested in the same companies; 18 stocks are held by both, the largest shared positions being TD Power Systems Limited, Multi Commodity Exchange of India Limited, Bharti Airtel Limited. Based on the portfolios disclosed for Sep 2026 and Sep 2026.
What is the large, mid and small cap split of Groww Multicap and ITI Multi Cap?
Groww Multicap: large cap 27.0%, mid cap 26.9%, small cap 29.8%. ITI Multi Cap: large cap 39.5%, mid cap 26.3%, small cap 25.1% (share of the fund's assets, from its latest disclosed portfolio).
Is this a recommendation to choose one of these funds?
No. This page places the published figures of both funds side by side. It does not rank, rate or recommend either fund; which one suits an investor depends on their goals, horizon and risk tolerance.
More comparisons
Groww Multicap vs
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Sources: NAV from AMFI; returns, risk and ratios computed by MF Analyser from each fund's NAV history (risk on 36 monthly returns, risk-free rate 6.5%); benchmark ratios against each fund's benchmark total-return index; portfolios from each fund house's monthly disclosure. Returns and ratios as of 6 Nov 2026. IDCW options show no return or risk figures because payouts reduce the NAV and AMFI's file carries no payout history to add back. This page compares published figures only — it does not rank, rate or recommend either fund. Past performance does not indicate future returns; mutual fund investments are subject to market risks.