SBI MultiCap Fund vs TRUSTMF MULTI CAP FUND
SBI MultiCap Fund and TRUSTMF MULTI CAP FUND are both Multi Cap funds. As of 4 Nov 2026 (Direct plan, Growth option): 3-year CAGR +12.79% vs —, 5-year CAGR — vs —, volatility 14.18% vs 17.80%, maximum drawdown −15.11% vs −12.73%. Their portfolios overlap by 21.7% (17 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
| SBI MultiCap | TRUSTMF MULTI CAP | |
|---|---|---|
| Fund house | SBI Mutual Fund | Trust Mutual Fund |
| Compared as | Multi Cap | Multi Cap |
| NAV | ₹17.4446 | ₹11.8400 |
| NAV date | 4 Nov 2026 | 4 Nov 2026 |
| Launched (first NAV) | 15 Mar 2022 | 25 Jul 2025 |
| Track record | 4.6 yrs | 1.3 yrs |
| Fund size (AUM) | ₹23,456 Cr | ₹914 Cr |
| Securities held | 71 | 72 |
| Portfolio as of | 30 Sep 2026 | 30 Sep 2026 |
| Fund page | Full record → | Full record → |
Returns
| SBI MultiCap | TRUSTMF MULTI CAP | |
|---|---|---|
| 1 month | +0.97% | +1.28% |
| 3 months | −4.02% | −0.84% |
| 6 months | +0.16% | +8.92% |
| 1 year | −2.66% | +12.33% |
| 3 years (CAGR) | +12.79% | — |
| 5 years (CAGR) | — | — |
| 7 years (CAGR) | — | — |
| 10 years (CAGR) | — | — |
| Since launch (CAGR) | +12.30% | +13.94% |
| 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
| SBI MultiCap | TRUSTMF MULTI CAP | |
|---|---|---|
| 2026 (year to date) | −0.74% | +12.23% |
| 2025 | +3.83% | — |
| 2024 | +27.02% | — |
| 2023 | +23.63% | — |
Risk
| SBI MultiCap | TRUSTMF MULTI CAP | |
|---|---|---|
| Volatility (annualised) ⓘ | 14.18% | 17.80% |
| Downside volatility ⓘ | 9.48% | 11.09% |
| Sharpe ratio ⓘ | 0.44 | 0.42 |
| Sortino ratio ⓘ | 0.67 | 0.67 |
| Maximum drawdown ⓘ | −15.11% | −12.73% |
| Recovery from that fall | 5 months | 1 months |
| Current fall from peak | −4.78% | −4.05% |
| Rolling 1-year return: worst | −9.70% | +6.51% |
| Rolling 1-year return: median | +12.49% | +17.51% |
| Rolling 1-year return: best | +44.14% | +24.40% |
| Share of 1-year periods with a loss | 10.39% | 0.00% |
Against each fund's benchmark
| SBI MultiCap | TRUSTMF MULTI CAP | |
|---|---|---|
| Beta ⓘ | 0.83 | 1.01 |
| Alpha (Jensen's, annualised) ⓘ | +0.85% | +12.72% |
| R² ⓘ | 91.94 | 90.95 |
| Upside capture | 87.21% | 155.52% |
| Downside capture | 78.15% | 89.48% |
| Tracking error | 4.99% | 5.53% |
| Information ratio | 0.04 | 2.36 |
| Treynor ratio | 6.41 | 5.16 |
Portfolio
Asset mix
| SBI MultiCap | TRUSTMF MULTI CAP | |
|---|---|---|
| Equity | 99.11% | 92.00% |
| Cash & equivalents | 0.81% | 8.00% |
| Debt | 0.08% | 0.00% |
Market-cap split (share of fund assets)
| SBI MultiCap | TRUSTMF MULTI CAP | |
|---|---|---|
| Large Cap | 35.10% | 30.28% |
| Mid Cap | 26.29% | 26.46% |
| Small Cap | 33.54% | 30.58% |
| Unclassified | 4.18% | 4.68% |
Concentration
| SBI MultiCap | TRUSTMF MULTI CAP | |
|---|---|---|
| Top 10 holdings | 30.11% | 23.78% |
| Effective number of stocks ⓘ | 52.7 | 71.2 |
| Securities held | 71 | 72 |
Portfolio overlap: 21.7%
17 companies are held by both funds; by weight, 21.7% of the two portfolios is the same. That is a low overlap: the two portfolios are largely different.
| Held by both | SBI MultiCap | TRUSTMF MULTI CAP |
|---|---|---|
| ICICI Bank Limited | 3.94% | 4.02% |
| Lenskart Solutions Limited | 2.19% | 2.55% |
| Kotak Mahindra Bank Limited | 2.67% | 1.96% |
| Divi's Laboratories Limited | 3.37% | 1.26% |
| Eternal Limited | 1.26% | 2.63% |
| Coforge Limited | 1.58% | 1.18% |
| The Federal Bank Limited | 1.35% | 1.13% |
| FSN E-Commerce Ventures Limited | 1.09% | 1.38% |
| Navin Fluorine International Limited | 1.05% | 1.17% |
| Axis Bank Limited | 1.36% | 1.00% |
| Hindustan Aeronautics Limited | 0.98% | 1.04% |
| Nippon Life India Asset Management Limited | 0.97% | 1.26% |
| Muthoot Finance Ltd. | 1.11% | 0.90% |
| Paradeep Phosphates Limited | 2.30% | 0.88% |
| TVS Motor Company Ltd. | 1.05% | 0.82% |
Top 10 holdings
SBI MultiCap
- ICICI Bank Limited3.94%
- Adani Power Limited3.48%
- Adani Enterprises Limited3.47%
- Divi's Laboratories Limited3.37%
- K.P.R. Mill Limited3.06%
- HDFC Bank Limited3.02%
- Kotak Mahindra Bank Limited2.67%
- Aether Industries Limited2.61%
- Paradeep Phosphates Limited2.30%
- Lenskart Solutions Limited2.19%
TRUSTMF MULTI CAP
- ICICI Bank Limited4.02%
- Multi Commodity Exchange of India Limited2.67%
- Eternal Limited2.63%
- Lenskart Solutions Limited2.55%
- Dixon Technologies (India) Limited2.21%
- Aurobindo Pharma Limited2.05%
- Titan Company Limited2.00%
- Kotak Mahindra Bank Limited1.96%
- Laurus Labs Limited1.96%
- Samvardhana Motherson International Limited1.73%
Sector exposure
| SBI MultiCap | TRUSTMF MULTI CAP | |
|---|---|---|
| Banks | 12.34% | 12.50% |
| Pharmaceuticals & Biotechnology | 6.25% | 9.69% |
| Consumer Durables | 8.78% | 6.50% |
| Retailing | 8.63% | 7.97% |
| Auto Components | 7.48% | 6.11% |
| Power | 6.25% | 1.28% |
| Electrical Equipment | 0.00% | 6.12% |
| Capital Markets | 2.02% | 5.82% |
| Chemicals & Petrochemicals | 5.01% | 1.17% |
| Textiles & Apparels | 4.25% | 0.00% |
| Industrial Products | 3.95% | 4.24% |
| Aerospace & Defense | 0.98% | 4.18% |
| Healthcare Services | 4.16% | 2.44% |
| Cement & Cement Products | 3.66% | 0.00% |
Questions people ask
What is the difference between SBI MultiCap and TRUSTMF MULTI CAP returns?
As of 4 Nov 2026, Direct plan Growth option: 1-year return −2.66% vs +12.33%; 3-year CAGR +12.79% vs —; 5-year CAGR — vs —; 10-year CAGR — vs —. Past returns do not indicate future returns.
How do SBI MultiCap and TRUSTMF MULTI CAP compare on risk?
Volatility (36 monthly returns, annualised) 14.18% vs 17.80%; Sharpe ratio 0.44 vs 0.42; Sortino ratio 0.67 vs 0.67; maximum drawdown −15.11% vs −12.73%; beta 0.83 vs 1.01.
How much do SBI MultiCap and TRUSTMF MULTI CAP overlap?
By weight, 21.7% of the two portfolios is invested in the same companies; 17 stocks are held by both, the largest shared positions being ICICI Bank Limited, Lenskart Solutions Limited, Kotak Mahindra Bank Limited. Based on the portfolios disclosed for Sep 2026 and Sep 2026.
What is the large, mid and small cap split of SBI MultiCap and TRUSTMF MULTI CAP?
SBI MultiCap: large cap 35.1%, mid cap 26.3%, small cap 33.5%. TRUSTMF MULTI CAP: large cap 30.3%, mid cap 26.5%, small cap 30.6% (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
SBI 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 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.