Top Multi Cap Funds to Invest in 2019

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So, today we bring to you 5 best multi cap funds in which you can invest to enjoy a great growth in the long term.

Mirae Asset India Equity Fund (G)

Mirae Asset India Equity Fund is one of the most popular and recommended funds of the multi cap category, and all the credit goes to its consistent performance in different market conditions. This multi cap scheme has outperformed the benchmark as well as the category with a good margin in different return cycles, and the reason behind that is optimal investment strategies. Currently, the scheme is following a diversified style of investing, and have investments in 61 stocks. The majority of stocks are picked from large caps (86.85%), followed by mid caps (11.50%), and the least allocation has been given to small caps (1.66%). This allocation style is perfect for maintaining stability if the market shows volatility in the coming months. The sector allocation of the fund is finance oriented and the other top sectors include energy, technology, healthcare, FMCG, and automobile. It is one of the best schemes for moderate risk investors with long term growth prospect.

Motilal Oswal Multicap 35 Fund (G)

Motilal Oswal Multicap 35 Fund is the newest scheme in this list but has shown a great performance in this short time frame. The scheme follows the objective of providing long term capital appreciation by investing in a maximum of 35 securities, and thus the name multicap 35. Currently, this multi cap scheme is investing in 30 stocks picked across from 9 equity sectors. The sectors which hold the major allocation are finance, technology, automobile, and energy. As for market cap allocation, this multi cap scheme is also following a large cap oriented approach, to handle the market volatility. As of now, it has 81.34% investment in large caps, 18.33% in mid caps, and 0.33% in small cap companies. The top holdings include top notch companies of the equity market such as HDFC Bank, Infosys, HDFC, Larsen & Toubro, and Axis Bank. One of the best schemes to grab the opportunities of the equity market.

ICICI Prudential Multicap Fund (G)

ICICI Prudential Mutual Fund in its course of around 24.5 years has shown a fabulous performance and has maintained a rating of 3-5 stars. The ICICI Prudential Multicap Fund is currently following a diversified approach of stock picking and have investments in 65 stocks. The investment style is a mix of value and growth investing which makes this multi cap fund a perfect combination of stability and growth. In the portfolio, the major allocation is held by large caps (78.69%), followed by mid caps (16.80%), and then small caps (4.50%). To maintain some liquidity, 5.51% of the total investments have also been put in money market instruments. The sector allocation is also diversified, and the major allocation is held by energy, finance, construction, automobile, and FMCG. If you are looking for a scheme which show moderate fluctuations and provide optimal rewards on the risk taken, this scheme is the best choice for you.

Kotak Standard Multicap Fund (G)

Kotak Standard Multicap Fund is the most popular scheme of the multi cap category and its AUM of more than 21,000 crore shows the same. This multi cap scheme has maintained a great consistency in performance and has helped a lot of investors in achieving their financial goals. In the past 3, 5, and 7 years it has provided annualized returns of more 16.87%, 18.14%, and 17.41% (Mar 08, 2019), respectively, beating the benchmark as well as the category with a good difference. The scheme is following a diversified style of investing and has investments in 57 stocks picked from 15 sectors. The stock picking is large cap (77.07%) oriented, but mid caps (21.90%), also hold a considerable allocation. As for sector allocation, finance (37.76%) is currently the most preferred sector, followed by energy (14.34%), construction (9.86%), technology (8.48%), and FMCG (6.36%).

Invesco India Multicap Fund (G)

Invesco India Multicap Fund is one of the best schemes provided by Invesco Mutual Fund. In the past 10 years, this multi cap fund has provided annualized returns of more than 25%. It is currently following a partially focused investment approach and has investments in 41 stocks. The scheme is following a multi cap investment approach with 42.91% investment in large caps, 36.34% in the mid caps, and 20.75% in the small cap companies. The sector allocation followed by this scheme is finance oriented, followed by services, technology, engineering, and healthcare. A great choice for investors with moderately high risk appetite and a long term investment horizon.

So, these were the top multi cap funds in which you can invest in 2019, to enjoy risk adjusted returns in the long term. Just remember that don’t guide your investments just because a scheme has provided the highest returns in the past. Get familiar with the investment style of the scheme, and invest only if it matches with your own. This will help in avoiding complications in the future, and in enjoying a hassle-free growth. In case, you are not sure which scheme is best for you, connect with the experts at MySIPonline, who performs an in-depth analysis of your profile and suggest you the best solution.