Two of the largest Multi Cap funds side by side: returns, risk, cost, size and what they hold. Prices as of 3 Nov 2026.
Past returns do not tell you future returns.
| Nippon India Multi Cap Fund Nippon India | Kotak Multi Cap Fund Kotak Mahindra | |
|---|---|---|
| Returns | ||
| 1 year | -6.6% | -3.6% |
| 3 years, a year | +11.3% | +14.3% |
| 5 years, a year | +13.8% | +14.0% |
| Since launch, a year | +14.1% | +13.9% |
| 3-year rank in category | 16 of 23 | 8 of 23 |
| Benchmark, 3 years | +11.7% | +11.7% |
| Risk | ||
| Risk level | Very High | Very High |
| How bumpy, last year | 14.4% | 16.0% |
| Biggest fall, 3 years | -18.9% | -21.4% |
| Sharpe ratio, 3 years | 0.37 | 0.52 |
| Beta | 0.92 | 1.01 |
| Alpha, a year | +0.0% | +2.5% |
| Cost and size | ||
| Yearly cost (expense ratio) | 1.62% | 1.78% |
| Money in the fund | ₹53,045 cr | ₹29,752 cr |
| Running for | 21.6 years | 5.1 years |
| Minimum SIP | ₹100 | — |
| Benchmark | NIFTY500 MULTICAP 50:25:25 TRI | NIFTY500 MULTICAP 50:25:25 TRI |
Past returns do not indicate future returns. Each fund page has the full detail.
The five largest holdings of each, from the latest monthly portfolios
Overlap is the part of the two portfolios that is the same, by weight: 100% would be identical.
What they share, by industry and sector
| Holding | Nippon India | Kotak Mahindra |
|---|---|---|
| HDFC Bank Limited | 7.1% | 5.7% |
| NTPC Limited | 1.8% | 2.2% |
| ITC Limited | 1.5% | 2.0% |
| Larsen & Toubro Limited | 1.7% | 1.5% |
| State Bank of India | 1.2% | 3.5% |
| Swiggy Limited | 1.6% | 1.1% |
| Aditya Birla Sun Life AMC Limited | 1.0% | 1.1% |
| Eternal Limited | 1.0% | 3.3% |
| Sun Pharmaceutical Industries Limited | 0.9% | 2.1% |
| PVR INOX Limited | 0.8% | 0.8% |
Both are Multi Cap funds, from Nippon India and Kotak Mahindra. Nippon India Multi Cap Fund manages ₹53,045 cr and Kotak Multi Cap Fund ₹29,752 cr. The table on this page sets out their returns, risk, costs and holdings side by side.
Nippon India Multi Cap Fund, at 1.62% a year, against 1.78% for Kotak Multi Cap Fund.
Over three years, Nippon India Multi Cap Fund returned +11.3% a year and Kotak Multi Cap Fund +14.3% a year. Over one year they returned -6.6% and -3.6%. Past returns do not indicate future returns.
They hold 19.5% of the same investments, 59.3% of the same industries and 75.0% of the same sectors, by weight, in their latest monthly portfolios.
To set a third or fourth fund alongside, open these two in Compare and add more.