What are the multi-cap funds?
Multi-cap funds are diversified equity fund which invests its capital in different proportion in stocks of companies across market caps to enlarge their goals. That is their portfolio compromises of large-cap, mid-cap and small-cap funds.
What is the best Multi cap mutual fund?
Best Multi cap Mutual Funds invests in Equity shares of entities which belong to different market caps. Instead of sticking to one per cap, these funds involved large-cap, mid-cap and small-cap fund stocks in the portfolio in a specific proportion. If we compare mid-cap funds to other funds, these are less risky and popular among investors who are less vigorous about returns.
If you have any confusion about which multi-cap funds will be best and proved out to be good. We have listed out some best Multi-Cap Fund where you can invest without a doubt.
Motilal Oswal Mutual 35 Fund
This scheme is an open-ended equity scheme which invests across large-cap, mid-cap and small-cap stocks. The objective of the investment is to attain long term capital appreciation by investing in a maximum of 35 equity and equity-related instrument across sectors. This scheme was launched on 28th April 2014. The scheme standard is against NIFTY 500 TRI.
The scheme invests 80% of its assets in large-cap funds. Thus, it is a moderately high risk. The minimum amount for redemption is 500 or account balance whichever is low.
Mirae Asset Emerging Bluechip
Mirae Asset Emerging Bluechip fund is predominately a mid-cap fund which allows the investors to become a part of the growth of the companies which can stand a line of the best companies and have the ability to give good returns. The objective of the investment is to create returns and price appreciation. It is a moderately high risk. No returns are guaranteed or assured by the scheme. But it is suitable for investors seeking long term capital appreciation.
ICICI Pru Value Discovery Fund
ICICI Pru Value Discovery Fund is a multi-cap fund. The scheme is an open-ended equity scheme following an investment strategy. The investment objective of the scheme is to generate returns through a combination of dividend income and capital appreciation by investing in diversified value equity.
L&T India value fund
L&T India value fund is an open-ended fund and it follows a fund investment strategy. The best scheme invests in equity-related securities. Sometimes it also invests in foreign securities in the international market. The risk of the scheme is moderately high and it is suitable for those investors who want to invest in undervalued securities and it read a long term capital appreciation.
SBI Magnum multi-cap funds
SBI Magnum multi-cap fund was also when open-ended scheme. The scheme provides the opportunity to the fund’s investors to pursue long-term growth of their investment. This scheme gives a guarantee of the returns on the investment. This scheme is moderately high because of the exposer of the fund to the potentially high-risk investment.