LIC MF Multi Cap Fund vs UTI Multi Cap Fund
LIC MF Multi Cap Fund and UTI Multi Cap Fund are both Multi Cap funds. As of 4 Nov 2026 (Direct plan, Growth option): 3-year CAGR +17.74% vs —, 5-year CAGR — vs —, volatility 17.78% vs 14.82%, maximum drawdown −19.32% vs −14.06%. Their portfolios overlap by 20.2% (12 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
| LIC MF Multi Cap | UTI Multi Cap | |
|---|---|---|
| Fund house | LIC Mutual Fund | UTI Mutual Fund |
| Compared as | Multi Cap | Multi Cap |
| NAV | ₹19.3486 | ₹10.5595 |
| NAV date | 4 Nov 2026 | 4 Nov 2026 |
| Launched (first NAV) | 2 Nov 2022 | 20 May 2025 |
| Track record | 4.0 yrs | 1.5 yrs |
| Fund size (AUM) | ₹2,187 Cr | — |
| Securities held | 62 | 71 |
| Portfolio as of | 30 Sep 2026 | 30 Sep 2026 |
| Fund page | Full record → | Full record → |
Returns
| LIC MF Multi Cap | UTI Multi Cap | |
|---|---|---|
| 1 month | +2.06% | +0.81% |
| 3 months | −2.01% | −3.71% |
| 6 months | +6.25% | +1.93% |
| 1 year | +4.70% | −1.05% |
| 3 years (CAGR) | +17.74% | — |
| 5 years (CAGR) | — | — |
| 7 years (CAGR) | — | — |
| 10 years (CAGR) | — | — |
| Since launch (CAGR) | +17.85% | +4.03% |
| SIP return (XIRR, 5 years) ⓘ | — | — |
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
| LIC MF Multi Cap | UTI Multi Cap | |
|---|---|---|
| 2026 (year to date) | +6.02% | −1.86% |
| 2025 | +2.79% | — |
| 2024 | +34.47% | — |
| 2023 | +32.98% | — |
Risk
| LIC MF Multi Cap | UTI Multi Cap | |
|---|---|---|
| Volatility (annualised) ⓘ | 17.78% | 14.82% |
| Downside volatility ⓘ | 12.12% | 10.94% |
| Sharpe ratio ⓘ | 0.63 | -0.17 |
| Sortino ratio ⓘ | 0.93 | -0.23 |
| Maximum drawdown ⓘ | −19.32% | −14.06% |
| Recovery from that fall | 8 months | 4 months |
| Current fall from peak | −3.86% | −4.12% |
| Rolling 1-year return: worst | −3.43% | −5.93% |
| Rolling 1-year return: median | +14.29% | +2.28% |
| Rolling 1-year return: best | +55.16% | +8.75% |
| Share of 1-year periods with a loss | 4.72% | 18.97% |
Against each fund's benchmark
| LIC MF Multi Cap | UTI Multi Cap | |
|---|---|---|
| Beta ⓘ | 1.04 | 0.88 |
| Alpha (Jensen's, annualised) ⓘ | +4.84% | +0.77% |
| R² ⓘ | 91.53 | 95.11 |
| Upside capture | 121.82% | 94.28% |
| Downside capture | 106.93% | 86.27% |
| Tracking error | 5.32% | 3.92% |
| Information ratio | 1.02 | 0.44 |
| Treynor ratio | 10.16 | -5.91 |
Portfolio
Asset mix
| LIC MF Multi Cap | UTI Multi Cap | |
|---|---|---|
| Equity | 93.50% | 92.71% |
| Cash & equivalents | 6.48% | 5.15% |
| REITs / InvITs | 0.00% | 1.68% |
| Debt | 0.00% | 0.45% |
Market-cap split (share of fund assets)
| LIC MF Multi Cap | UTI Multi Cap | |
|---|---|---|
| Large Cap | 37.71% | 37.67% |
| Mid Cap | 29.79% | 25.20% |
| Small Cap | 26.00% | 27.81% |
| Unclassified | 0.00% | 2.03% |
Concentration
| LIC MF Multi Cap | UTI Multi Cap | |
|---|---|---|
| Top 10 holdings | 27.16% | 29.14% |
| Effective number of stocks ⓘ | 59.6 | 56 |
| Securities held | 62 | 71 |
Portfolio overlap: 20.2%
12 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 | LIC MF Multi Cap | UTI Multi Cap |
|---|---|---|
| ICICI Bank Limited | 3.33% | 5.00% |
| Kotak Mahindra Bank Limited | 2.86% | 4.34% |
| HDFC Bank Limited | 2.78% | 4.70% |
| Axis Bank Limited | 2.05% | 2.61% |
| Tata Communications Limited | 1.56% | 1.72% |
| Oil India Limited | 1.53% | 2.12% |
| Shriram Finance Limited | 1.36% | 1.51% |
| Tata Consultancy Services Limited | 1.28% | 1.34% |
| Prestige Estates Projects Limited | 1.24% | 1.20% |
| Swiggy Limited | 0.99% | 2.45% |
| Gillette India Limited | 0.67% | 1.09% |
| Metro Brands Ltd. | 0.61% | 0.69% |
Top 10 holdings
LIC MF Multi Cap
- Garware Hi-Tech Films Limited3.96%
- ICICI Bank Limited3.33%
- Avalon Technologies Limited3.05%
- Kotak Mahindra Bank Limited2.86%
- HDFC Bank Limited2.78%
- Lenskart Solutions Limited2.38%
- Eternal Limited2.23%
- LG Electronics India Ltd2.22%
- Hyundai Motor India Ltd.2.21%
- One 97 Communications Limited2.14%
UTI Multi Cap
- ICICI Bank Limited5.00%
- HDFC Bank Limited4.70%
- Kotak Mahindra Bank Limited4.34%
- Axis Bank Limited2.61%
- Swiggy Limited2.45%
- Voltamp Transformers Ltd.2.24%
- Oil India Limited2.12%
- Reliance Industries Limited1.91%
- Coforge Limited1.90%
- Bharti Airtel Limited1.87%
Sector exposure
| LIC MF Multi Cap | UTI Multi Cap | |
|---|---|---|
| Banks | 13.78% | 18.41% |
| Electrical Equipment | 7.72% | 3.81% |
| Retailing | 6.76% | 4.96% |
| Finance | 2.41% | 5.50% |
| Industrial Products | 5.14% | 1.65% |
| Pharmaceuticals & Biotechnology | 4.15% | 5.06% |
| Automobiles | 5.04% | 1.73% |
| Auto Components | 4.98% | 2.99% |
| Chemicals & Petrochemicals | 4.65% | 0.91% |
| Consumer Durables | 2.83% | 3.93% |
| Petroleum Products | 0.00% | 3.72% |
| Telecom - Services | 2.82% | 3.59% |
| Financial Technology (Fintech) | 3.48% | 0.52% |
| IT - Software | 2.31% | 3.24% |
Questions people ask
What is the difference between LIC MF Multi Cap and UTI Multi Cap returns?
As of 4 Nov 2026, Direct plan Growth option: 1-year return +4.70% vs −1.05%; 3-year CAGR +17.74% vs —; 5-year CAGR — vs —; 10-year CAGR — vs —. Past returns do not indicate future returns.
How do LIC MF Multi Cap and UTI Multi Cap compare on risk?
Volatility (36 monthly returns, annualised) 17.78% vs 14.82%; Sharpe ratio 0.63 vs -0.17; Sortino ratio 0.93 vs -0.23; maximum drawdown −19.32% vs −14.06%; beta 1.04 vs 0.88.
How much do LIC MF Multi Cap and UTI Multi Cap overlap?
By weight, 20.2% of the two portfolios is invested in the same companies; 12 stocks are held by both, the largest shared positions being ICICI Bank Limited, Kotak Mahindra Bank Limited, HDFC Bank Limited. Based on the portfolios disclosed for Sep 2026 and Sep 2026.
What is the large, mid and small cap split of LIC MF Multi Cap and UTI Multi Cap?
LIC MF Multi Cap: large cap 37.7%, mid cap 29.8%, small cap 26.0%. UTI Multi Cap: large cap 37.7%, mid cap 25.2%, small cap 27.8% (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
LIC MF Multi Cap 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 4 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.