Kotak Standard Multicap Fund
Kotak Standard Multicap fund invests across market cap and sectors with a blend of growth and value styles. The fund manager follows a conservative investment style, by investing a higher proportion in large cap stocks as compared to its peers. The fund has been a consistent performer over longer durations. Thus, investors planning to invest for a long-term of 3 to 4 years may find this an ideal investment option. Yet, they should be aware of the scope for low to moderate losses.
For more details, click on MoneyWorks4Me's assessment of Kotak Standard Multicap Fund.
Invesco India Multicap Fund
Invesco India Multicap fund has been managed by fund managers Taher Badashah and Prnav Gokhale since its launch in 2008. Being a Multicap Fund, the fund manager has the flexibility to invest across market capitalizations. The fund was earlier a mid and small cap fund and continues to have higher investment in the mid and small cap space. However, the fund hasn't been consistent in beating its benchmark over the long term.
For more details, click on MoneyWorks4Me's assessment of Invesco India Multicap Fund.
SBI Magnum Multicap Fund
As the name suggests, SBI Magnum Multicap fund invests in large, mid and small cap stocks while maintaining a small exposure to debt/cash instruments when required. Despite being able to invest across market capitalizations, the fund predominantly invests in the large and mid cap space. It has consistently beaten the benchmark over the long term, however, single year performance remains volatile.
For more details, click on MoneyWorks4Me's assessment of the SBI Magnum Multicap Fund.
Aditya Birla Sun Life Equity Fund
Aditya Birla Sun Life Equity Fund is a multicap fund investing across market capitalizations with a slightly higher allocation to large cap stocks. The fund is a fairly consistent performer over the long term. The fund performance has in fact improved considerably since the current fund manager took over in Oct 2012.
For more details, click on MoneyWorks4Me's assessment of the Aditya Birla Sun Life Equity Fund.
Parag Parikh Long Term Equity Fund
Similar to its peers, Parag Parikh Long Term Equity Fund invests in stocks across market capitalization. However, what sets it apart is the fund's international exposure. The fund can hold upto 35% in international stocks and upto 35% in cash if deemed necessary by the fund manager. The fund follows a value investing strategy buying stocks that trade at a discount to its intrinsic value.
The fund has consistently beaten its benchmark over the long term and is the best performing fund in 2022, thanks to its global exposure.
For more details, click on MoneyWorks4Me's assessment of Parag Parikh Long Term Equity Fund.