Are you in a dilemma about where to invest while diversifying your mutual fund portfolio? Investing in a Kotak multicap fund helps you spread across large-cap, mid-cap, and small-cap stocks.
One of the popular multicap funds is the Kotak Multicap Mutual Fund. In this blog, we have compared this fund to some of its competitors. Let’s check how this multicap mutual fund performed in terms of returns compared to its peers.
About the Kotak Multicap Mutual Fund
Launched on September 29, 2021, the Kotak Multicap Fund allows investors to invest in a lump sum or create an SIP starting from just INR 100. Although this fund is relatively new compared to other mutual funds in this category, it returned over 20% to investors in the last three years.
With no lock-in period and a balanced fund allocation, it is one of the best picks for investors looking to diversify their portfolios. This fund is managed by Devender Singhal and Abhishek Bisen.
Comparing Kotak Multicap Fund with Other Popular Multicap Funds
This table presents an MF comparison between Kotak Multicap Fund and its peers (data as of 31st March 2025).
| Fund Name | 1-Year Return | 2-Year Return | 3-Year Return |
| Kotak Multicap Fund | 0.39% | 24.54% | 20.95% |
| Nippon India Multicap Fund | 6.39% | 24.61% | 22.01% |
| Mahindra Manulife Multi Cap Fund | 4.22% | 22.22% | 14.99% |
| ICICI Prudential Multicap Fund | 4.61% | 23.46% | 18.64% |
| Invesco India Multicap Fund | 9.79% | 22.59% | 15.60% |
1. Kotak Multicap Fund
The Kotak Multicap Fund helps investors diversify across large, mid, and small cap sectors with a well-balanced portfolio. Its absolute returns over the last 3 years stand at 85.08%.
| ● AUM: INR 14374.18 crore |
- NAV: INR 16.9460
- Expense Ratio:45%
- 1-Year return: 39%
- 2-Year return: 54%
- 3-Year return: 95
- Key sectors invested in: Consumer cyclical, financial services, technology, industrials.
2. Nippon India Multicap Fund
This fund invests in key sectors like financial services, consumer cyclical, and industrial. It offered consistent returns over the last three years and has a competitive expense ratio.
- AUM: INR 35,353 crore
- NAV: INR 278.5235
- Expense Ratio: 80%
- 1-Year return: 39%
- 2-Year return: 61%
- 3-Year return: 01%
- Key sectors invested in: Financial services, consumer cyclical, industrials, healthcare
3. Mahindra Manulife Multi Cap Fund
While the Mahindra Manulife Multi Cap Fund delivered moderate returns, it continues to be a solid choice for long-term investors.
- AUM: INR 4,448.49%
- NAV: 5186%
- Expense Ratio: 43%
- 1-Year return: 22%
- 2-Year return: 22%
- 3-Year return: 99%
- Key sectors invested in: Financial services, consumer cyclical, industrials, basic materials.
4. ICICI Prudential Multicap Fund
The ICICI Prudential Multicap Fund is well-established and provides stable returns. Its expense ratio, however, is slightly higher.
- AUM: INR 12,901.50 crore
- NAV: INR 774.5900
- Expense Ratio: 99%
- 1-Year return: 61%
- 2-Year return: 46%
- 3-Year return: 64%
- Key sectors invested in: Financial services, basic materials, industrials, consumer cyclical.
5. Invesco India Multicap Fund
Compared to the Kotak Multicap Fund, this Invesco fund delivered stronger 1-year returns. It offers exposure to growing sectors like financials, technology, and telecom.
- AUM: INR 3,364.17 crore
- NAV: INR 113.81%
- Expense Ratio: 89%
- 1-Year return: 79%
- 2-Year return: 59%
- 3-Year return: 60%
- Key sectors invested in: Financial services, technology, electrical, telecom.
Conclusion
We have comprehensively evaluated the returns and other essential parameters of the Kotak Multicap fund with other funds in this category for your convenience. Investors looking to diversify across different market caps must consider the sectoral allocations and expense ratios, along with returns. Consider your risk appetite and investment goals to make an informed decision while creating an SIP.
