Top 5 Multicap Mutual Funds With Best SIP Returns: ₹21,000 SIP Turns Into ₹23.5 Lakh In 5 Years
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A multi-cap mutual fund is an equity-oriented scheme that invests across large-cap, mid-cap, and small-cap companies, offering investors a diversified portfolio. Over the last five years, certain multi-cap funds have delivered outstanding returns through systematic investment plans (SIPs). As of 27 August, the following five multicap mutual funds stand out for providing the highest SIP returns. In fact, a monthly SIP of ₹21,000 in the top-performing fund has grown into a remarkable ₹23.5 lakh in just five years.
1. Nippon India Multi Cap Fund
A SIP of ₹21,000 per month over 5 years has grown to ₹23,50,000, making it the top-performing multicap fund in this list.
2. Mahindra Manulife Multi Cap Fund
A monthly SIP of ₹10,000 has grown into ₹21,36,000 in just 5 years.
3. ICICI Prudential Multicap Fund
A SIP of ₹21,000 per month has grown into ₹20,96,000 in 5 years.
4. Baroda BNP Paribas Multi Cap Fund
A SIP of ₹21,000 per month has grown into ₹20,68,000 in 5 years.
5. Invesco India Multicap Fund
A SIP of ₹21,000 per month has grown into ₹20,41,000 in 5 years.
Multi-cap mutual funds have proven to be a powerful wealth-building tool for investors seeking long-term growth with diversification across market capitalisations. While Nippon India Multi Cap Fund leads the pack with the highest 5-year SIP returns, all five funds listed here have shown strong performance and consistent growth potential.
1. Nippon India Multi Cap Fund
- 5-Year Return: 25.22% annualised
- Assets Under Management (AUM): ₹45,881 crore
- Net Asset Value (NAV): ₹328.26
- Benchmark: Nifty 500 Multicap 50:25:25 TRI
- Since Inception (2013): 17% annualised returns
- Expense Ratio: 0.71%
- Minimum SIP: ₹500 | Minimum Lump Sum: ₹1,000
A SIP of ₹21,000 per month over 5 years has grown to ₹23,50,000, making it the top-performing multicap fund in this list.
2. Mahindra Manulife Multi Cap Fund
- 5-Year Return: 21.25% annualised
- AUM: ₹5,727 crore
- NAV: ₹40.41
- Benchmark: Nifty 500 Multicap 50:25:25 TRI
- Since Inception (2017): 18.35% annualised returns
- Expense Ratio: 0.41%
- Minimum SIP: ₹500 | Minimum Lump Sum: ₹1,000
A monthly SIP of ₹10,000 has grown into ₹21,36,000 in just 5 years.
3. ICICI Prudential Multicap Fund
- 5-Year Return: 20.47% annualised
- AUM: ₹15,523 crore
- NAV: ₹876.61
- Benchmark: Nifty 500 Multicap 50:25:25 TRI
- Since Inception (2013): 16.72% annualised returns
- Expense Ratio: 0.92%
- Minimum SIP: ₹500 | Minimum Lump Sum: ₹5,000
A SIP of ₹21,000 per month has grown into ₹20,96,000 in 5 years.
4. Baroda BNP Paribas Multi Cap Fund
- 5-Year Return: 19.93% annualised
- AUM: ₹2,953 crore
- NAV: ₹319.04
- Benchmark: Nifty 500 Multicap 50:25:25 TRI
- Since Inception (2013): 15.6% annualised returns
- Expense Ratio: 0.94%
- Minimum SIP: ₹500 | Minimum Lump Sum: ₹5,000
A SIP of ₹21,000 per month has grown into ₹20,68,000 in 5 years.
5. Invesco India Multicap Fund
- 5-Year Return: 19.38% annualised
- AUM: ₹4,070 crore
- NAV: ₹154.35
- Benchmark: Nifty 500 Multicap 50:25:25 TRI
- Since Inception (2013): 18.56% annualised returns
- Expense Ratio: 0.70%
- Minimum SIP: ₹500 | Minimum Lump Sum: ₹1,000
A SIP of ₹21,000 per month has grown into ₹20,41,000 in 5 years.
Multi-cap mutual funds have proven to be a powerful wealth-building tool for investors seeking long-term growth with diversification across market capitalisations. While Nippon India Multi Cap Fund leads the pack with the highest 5-year SIP returns, all five funds listed here have shown strong performance and consistent growth potential.
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