Data on the website of the Association of Mutual Funds in India (AMFI) at the time of writing shows that 5 multi-cap schemes have given an annualised return of 13% to 21% in 5 years. A SIP of Rs 5,000 in any of these schemes could have grown to at least Rs 4.24 lakh in 5 years.
Following is a list of 5 top-performing multi-cap funds in 5 years, as per AMFI website data on May 18, 2023:
Quant Active Fund
The direct plan of Quant Active Fund has given a return of 21.1% while the regular plan has given a return of 19.77% in 5 years. The scheme tracks Nifty 500 Multicap 50:25:25 Total Return Index, which has given a return of 12.12% return in 5 years.
Mahindra Manulife Multi Cap Fund
The direct plan of Mahindra Manulife Multi Cap Fund has given a return of 16.84% while the regular plan has given a return of 14.76% in 5 years. The scheme tracks Nifty 500 Multicap 50:25:25 Total Return Index, which has given a return of 12.12% return in 5 years.
Also Read: Best Large Cap Funds in 5 years till May 15, 2023
Nippon India Multi Cap Fund
The direct plan of Nippon India Multi Cap Fund has given a return of 14.82% while the regular plan has given a return of 14.04% in 5 years. The scheme tracks Nifty 500 Multicap 50:25:25 Total Return Index, which has given a return of 12.12% return in 5 years.
Baroda BNP Paribas Multi Cap Fund
The direct plan of Baroda BNP Paribas Multi Cap Fund has given a return of 12.27% while the regular plan has given a return of 19.77% in 5 years. The scheme tracks Nifty 500 Multicap 50:25:25 Total Return Index, which has given a return of 12.12% return in 5 years.
ICICI Prudential Multicap Fund
The direct plan of ICICI Prudential Multicap Fund has given a return of 13.35% while the regular plan has given a return of 12.30% in 5 years. The scheme tracks Nifty 500 Multicap 50:25:25 Total Return Index, which has given a return of 12.12% return in 5 years.
Read next: Best Tax Saving Mutual Funds in 5 years (May 2023)
(Disclaimer: The above content is for information purposes only based on AMFI website data as of May 18, 2023. Mutual Funds are subject to market risks. There is no assurance or guarantee that the above funds will give the same returns in future. Investors are advised to consult their financial advisors before investing)
