Top Multi-Cap Funds for Investments in 2024

What are multi-cap funds?

Mutual funds that invest in large, mid, and small-cap stocks, among other market capitalizations, are known as multi-cap funds. Fund managers can adjust to shifting market conditions owing to this broad strategy, proactively offering assets according to opportunities.

Quant Active Fund

With a minimum investment amount of Rs.5,000 and a minimum investment for SIP of Rs.1,000, it has no lock-in period and exit load of 15 days

Baroda BNP Paribas Multi Cap Fund

It is required of this fund to allocate at least 25% of its assets to stocks of businesses. Since at least 50% of these funds assets are always invested in mid and small cap equities, which typically see more severe ups and downs, these funds can be fairly volatile.

Invesco India Multicap Fund

This fund is suitable for investors who seek Capital appreciation over the long term and investments in equity and equity-related instruments across market capitalization.

Nippon India Multicap Fund

The fund generates a consistent return, with a minimum investment of Rs.500 for SIP and in lump. Rs.100. The returns are taxed at 15% if redeemed before 1 year and after 1 year tax of 10% on returns amounting to Rs. 1,00,000+ in a financial year.

ICICI Prudential Multicap Fund

The Fund has existed for a very long period of 11 years and 3 months, having 11,180 crores worth of assets and an expense ratio of 0.89%.

Sundaram Multicap Fund

The fund looks at achieving long-term capital appreciation by making investments primarily in equities. Diversification and professional management lead to risk being considerably lower.