Large, mid-sized and small companies together. At least 25% each in large, mid-sized and small companies.
Ranked by three-year return; funds without that figure at the end
Ranked by three-year return, the top three are Axis Multicap Fund (+17.5% a year), WhiteOak Capital Multi Cap Fund (+15.9% a year) and LIC MF Multi Cap Fund (+15.5% a year). Past returns do not tell you future returns.
| +4.7% | +17.5% | — | 1/23 | 1.97% | ₹12,232 cr | |
WhiteOak Capital Multi Cap Fund WhiteOak Capital | -0.2% | +15.9% | — | 2/23 | 2.22% | ₹4,377 cr |
| +1.2% | +15.5% | — | 3/23 | 2.15% | ₹2,199 cr | |
Bank of India Multi Cap Fund Bank of India | +4.2% | +15.3% | — | 4/23 | 2.46% | ₹1,377 cr |
| +0.2% | +15.1% | — | 5/23 | 2.04% | ₹6,356 cr | |
Mahindra Manulife Multi Cap Fund Mahindra Manulife | +3.8% | +15.1% | +12.2% | 6/23 | 2.19% | ₹7,442 cr |
| +6.2% | +14.6% | +11.6% | 7/23 | 2.30% | ₹1,493 cr | |
Kotak Multi Cap Fund Kotak Mahindra | -3.6% | +14.3% | +14.0% | 8/23 | 1.78% | ₹29,752 cr |
Edelweiss Multi Cap Fund Edelweiss | -1.6% | +13.7% | — | 9/23 | 2.08% | ₹3,342 cr |
Union Multicap Fund Union | +3.5% | +13.4% | — | 10/23 | 2.51% | ₹1,532 cr |
Aditya Birla Sun Life Multi-Cap Fund Aditya Birla Sun Life | +1.7% | +13.1% | +10.2% | 11/23 | 1.99% | ₹7,164 cr |
ICICI Prudential Multi Cap Fund ICICI Prudential | -1.4% | +13.0% | +11.7% | 12/23 | 1.76% | ₹18,253 cr |
Baroda BNP Paribas Multi Cap Fund Baroda BNP Paribas | -3.3% | +12.6% | +10.0% | 13/23 | 2.22% | ₹3,277 cr |
Canara Robeco Multi Cap Fund Canara Robeco | -3.6% | +11.9% | — | 14/23 | 2.00% | ₹5,717 cr |
| -5.3% | +11.4% | — | 15/23 | 1.83% | ₹23,131 cr | |
Nippon India Multi Cap Fund Nippon India | -6.6% | +11.3% | +13.8% | 16/23 | 1.62% | ₹53,045 cr |
Mirae Asset Multicap Fund Mirae Asset | -5.5% | +11.2% | — | 17/23 | 2.24% | ₹5,302 cr |
Invesco India Multi Cap Fund Invesco | -2.6% | +11.1% | +9.3% | 18/23 | 2.07% | ₹4,308 cr |
Bandhan Multi Cap Fund Bandhan | -3.6% | +11.0% | — | 19/23 | 2.25% | ₹2,922 cr |
Sundaram Multi Cap Fund Sundaram | -6.0% | +10.7% | — | 20/23 | 2.26% | ₹2,843 cr |
| -8.1% | +9.7% | — | 21/23 | 1.79% | ₹19,351 cr | |
Quant Multi Cap Fund quant | +0.7% | +8.7% | +8.9% | 22/23 | 2.02% | ₹7,200 cr |
| -0.1% | +8.0% | — | 23/23 | 2.18% | ₹3,400 cr | |
Franklin India Multi Cap Fund Franklin Templeton | -1.9% | — | — | — | 2.31% | ₹4,936 cr |
Bajaj Finserv Multi Cap Fund Bajaj Finserv | +2.4% | — | — | — | 2.57% | ₹1,656 cr |
| -5.5% | — | — | — | 2.07% | ₹2,820 cr | |
Groww Multicap Fund Groww | +9.9% | — | — | — | 2.64% | ₹1,923 cr |
Motilal Oswal Multi Cap Fund Motilal Oswal | +5.8% | — | — | — | 2.27% | ₹4,642 cr |
PGIM India Multi Cap Fund PGIM India | +2.1% | — | — | — | 2.56% | ₹467 cr |
Samco Multi Cap Fund Samco | -4.5% | — | — | — | 3.81% | ₹214 cr |
| +8.8% | — | — | — | 3.43% | ₹979 cr | |
| -3.7% | — | — | — | 2.24% | ₹2,096 cr | |
The Wealth Company Multi Cap Fund The Wealth Company | — | — | — | — | 2.10% | ₹145 cr |
The largest funds in the category, two at a time
Answered from the figures above, updated every business day
33 funds, managing ₹2.46 lakh cr between them as of 3 Nov 2026. The largest is Nippon India Multi Cap Fund, at ₹53,045 cr.
The average Multi Cap fund returned -0.4% over the last year, +12.8% a year over three years, +11.3% a year over five years. Over the last year the funds ranged from -8.1% to +9.9%. Past returns do not tell you future returns.
Nippon India Multi Cap Fund, at 1.62% a year, against 2.19% for the average fund in the category. The expense ratio is taken out of the fund every day, so every return shown is already after it.
Axis Multicap Fund, at +17.5% a year over the last three years, against +12.8% for the average fund. Past returns do not tell you future returns.
Their volatility over the last year averaged 15.4%: the higher it is, the more the price swings from day to day. All of them carry the riskometer level Very High, on SEBI's six-step scale from Low to Very High.
Looking at a different kind of fund? See every category.
NAV, expense ratio and fund disclosures as published by AMFI and the fund houses; prices as of 3 Nov 2026. Figures are computed independently and may differ from a fund house's own factsheet.
DiscoverMF is an information and analytics service. Nothing here is investment advice, a recommendation, or an offer to buy or sell any scheme. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past performance does not indicate future returns.