Bandhan Multi Cap Fund - Direct Plan
Multi Cap Fund -An open-ended equity scheme investing across large cap, mid cap, small cap stocks
What is a Multi Cap Fund?
Ever wish you could have a bit of everything in your investment portfolio? That's what Multi Cap funds offer—exposure to a mix of companies, from industry giants to emerging stars. This balance between relative stability and growth potential creates a well-rounded portfolio that may thrive in different market conditions. Let’s take a closer look at what multi cap funds are and how they work.
Multi cap funds invest in equity and equity-related instruments across companies of varying market capitalizations. These funds provide diversification by investing in small-cap, mid-cap, and large-cap companies, making them suitable for investors with different risk appetites. With a broad scope for investment opportunities, multi cap funds are a strong option for potential wealth creation.
According to SEBI regulations, multi cap funds must allocate at least 25% of their assets each to large-cap, mid-cap, and small-cap stocks, making 75% of the allocation fixed. The remaining 25% can be flexibly invested based on the fund manager's strategy. For example:
• Large-cap focused multi cap funds primarily invest in large-cap stocks.
• Small/mid-cap focused multi cap funds primarily invest in small and mid-cap stocks, with at least 25% allocated to large-cap stocks.
- Min Investment 1,000
- Min SIP Amount 100
- Exit Load
a) If redeemed/switched out within 1 year from the date of allotment- 1% of applicable NAV.
b) If redeemed / switched out after 1 year from date of allotment: Nil.
Scheme is suitable for a minimum investment horizon of more than 5 years
Tier 1 Benchmark : NIFTY 500 Multicap 50:25:25 TRIAlternate Benchmark : Nifty 50 TRI
- Performance
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Performance as on 31st October 2024
| Scheme Names | CAGR Returns (%) | Current value of Investment of 10,000 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 1 year | 3 year | 5 year | 10 year | 02/12/2021 Since inception | 1 year | 3 year | 5 year | 10 year | 02/12/2021 Since inception | |
| Bandhan Multicap Fund - Regular Plan - Growth | 38.44 | N.A. | N.A. | N.A. | 19.75 | 13,857 | N.A. | N.A. | N.A. | 16,912 |
| 39.56 | 18.58 | 23.46 | 15.72 | 19.27 | 13,969 | 16,699 | 28,716 | 43,122 | 16,716 | |
| 28.30 | 12.35 | 16.61 | 12.62 | 13.34 | 12,839 | 14,195 | 21,582 | 32,844 | 14,406 | |
| ^ Tier 1 Benchmark | ^^ Alternate Benchmark | ^^^ Tier 2 Benchmark | ||||||||||
This fund is managed by Mr. Daylynn Pinto (w.e.f 02/12/2021) & Mr. Harshal Joshi (w.e.f 02/12/2021)
View fund performance of other funds managed by Mr. Daylynn Pinto, Mr. Harshal Joshi
Past performance may or may not be sustained in future.
Regular and Direct Plans have different expense structure. Direct Plan shall have a lower expense ratio excluding distribution expenses, commission expenses etc.
Taxation:
For taxation, please refer the link : https://bit.ly/46xQzi1
Bandhan Multi Cap Fund
(Scheme Risk-o-meter)
NIFTY 500 Multicap 50:25:25 TRI
(Tier 1 Benchmark Risk-o-meter)
This product is suitable for investors who are seeking* :
- To create wealth over a long term.
- Investment in a portfolio of large, mid and small cap equity and equity related securities.
What are the Benefits of Multi Cap Mutual Funds?
Multi Cap funds offer several benefits, including:
Flexibility: Fund managers have the freedom to adjust 25% of the portfolio allocation based on market conditions, in addition to the mandatory 25% allocation to each market cap.
Diversification: By investing across small, mid, and large-cap stocks, multi cap funds provide diversification, potentially reducing risk.
Potential Returns: With exposure to all market segments, these funds offer the potential for higher returns.
What is the Difference between Multi Cap and Flexi Cap Funds?
Multi Cap vs flexi cap funds:
Both multi cap and flexi cap funds invest across market capitalizations, but the key difference is in their flexibility. Multi Cap funds are required to allocate at least 25% each to small, mid, and large-cap stocks, whereas Flexi Cap funds have no such restriction, allowing full flexibility in allocation.
Who Should Invest in Multi Cap Equity Funds?
Multi cap mutual funds carry a higher risk than large-cap funds due to their exposure to small and mid-cap stocks, which introduces some degree of volatility. They are best suited for long-term investors seeking potential wealth creation through a diversified portfolio of small, mid, and large-cap stocks. However, these funds are subject to capital gains tax based on the holding period.
FAQs on Multi Cap Funds
What is a Multi Cap fund?
A Multi Cap fund is a type of mutual fund that invests in equity and equity-related stocks of companies. These companies belong to various market capitalisations. It is mandatory for the fund to allocate 25% of their assets to small, mid and large cap stocks each, i.e. 75% of the total assets have a mandated allocation. The remaining 25% can be invested in any market capitalisation.
Is a Multi Cap fund good for the long term?
Multi Cap funds can potentially grow wealth in the long term. They are ideal for investors with long-term investment horizons.
How does a Multi Cap Fund differ from Flexi Cap Fund?
While Multi Cap Funds and Flexi Cap Funds both invest across market capitalization. But, Multi Cap funds invests at least 25% in each small, mid and large cap companies and the remaining 25% is invested in either of the caps. Whereas, Flexi Cap funds invest across market capitalization and there is no minimum threshold to be followed while investing in small, mid and large cap companies.
What is a Multi Cap equity fund?
A Multi Cap equity fund and Multi Cap fund are the same. It is a mutual fund investment scheme that invests in equity and equity-related stocks of companies of various market capitalisations.
Are Multi Cap funds risky?
Multi Cap growth funds are likely to be more risky than large cap funds. They have a moderate-risk-return profile.
What is the meaning of Multi Cap funds?
Multi Cap growth funds are a type of mutual fund that invest in equity and equity-related securities of small cap, midcap and large cap companies.