Fincash » Mutual Funds India » Multi-Asset Funds to Achieve Portfolio Diversification
Table of Contents
- What Are Multi-Asset Funds?
- Why Diversification Is Important?
- How Multi-Asset Funds Achieve Diversification?
- Types of Multi-Asset Funds
- How to Choose the Right Multi-Asset Fund?
- Example of a Multi-Asset Portfolio
- Calculating Potential Returns
- Tax Benefits of Multi-Asset Funds
- Multi-Asset Funds vs. Creating Your Own Diversified Portfolio
- Top 8 Best Performing Multi-Asset Funds 2024
- Why Multi-Asset Funds Make Sense for Diversification
Top 8 Equity - Multi Cap Funds
How to Use Multi-Asset Funds to Achieve Optimal Portfolio Diversification
In today’s fast-changing financial landscape, investors are always looking for ways to minimise risk while maximising returns.
One of the best strategies to achieve this balance is Portfolio diversification—and multi-asset funds can help you do just that. This article will walk you through how multi-asset funds work, why they are an excellent option for diversification, and how to use them to achieve a balanced portfolio.
What Are Multi-Asset Funds?
Multi-asset funds, as the name suggests, are Mutual Funds that invest in a mix of asset classes like equities, debt, gold, Real Estate, and sometimes even international assets. The goal is to balance risk and reward by diversifying across various asset types, making your portfolio less dependent on the performance of a single Asset Class.
For example, if you hold a traditional equity mutual fund, your returns will depend solely on the stock Market. In contrast, a multi-asset fund spreads your investments across multiple asset classes, helping to reduce the impact of a market downturn in one area by providing stability from other asset classes.
Why Diversification Is Important?
Diversification is a key principle of Investing. It ensures that your investment portfolio isn’t overexposed to any single type of asset, which helps manage risk. Imagine you’ve invested all your money in one company’s stock—if the company fails, your investment could be wiped out.
Example: Suppose you have invested INR 10,00,000 entirely in stocks. If the stock market falls by 10%, you could lose INR 1,00,000. However, if you had diversified across equities, Bonds, and gold (using a multi-asset fund), the loss would likely be much less, as bonds or gold could balance out the dip in stock market performance.
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How Multi-Asset Funds Achieve Diversification?
Multi-asset funds are professionally managed to maintain a specific Asset Allocation that matches the fund's investment objective. The allocation can vary depending on the market conditions and the fund's strategy.
For example, a typical multi-asset fund might invest:
- 50% in equities
- 30% in debt instruments
- 20% in gold or other assets
This approach allows the fund to benefit from the higher returns of equities while providing the stability of debt and gold during market downturns.
Types of Multi-Asset Funds
There are several types of multi-asset funds available, each designed for different risk appetites and investment goals:
- Conservative Multi-Asset Funds: These funds focus more on debt (like bonds) and less on equity. They are ideal for risk-averse investors seeking stable returns.
Example: A fund that invests 60% in debt instruments and 40% in equities. Balanced Multi-Asset Funds: These funds aim for a balance between risk and reward by equally investing in equities and debt.
Example: A fund with a 50-50 allocation between equities and bonds. Aggressive Multi-Asset Funds: For investors willing to take more risk, these funds invest a larger portion in equities for potentially higher returns.
Example: A fund that invests 70% in equities and 30% in bonds.
How to Choose the Right Multi-Asset Fund?
Choosing the right multi-asset fund depends on your investment goals, risk appetite, and time horizon. Here are a few things to consider:
risk tolerance: If you are a conservative investor, look for funds with a higher allocation to debt. For aggressive investors, funds with more equity exposure may be suitable.
Investment Horizon: Multi-asset funds with a high equity allocation are more suitable for long-term investments (5+ years), while funds with a higher debt allocation can be considered for short-term goals.
Fund Performance: Evaluate the fund’s historical performance, keeping in mind that past performance doesn’t guarantee future results. However, it can give you an idea of how the fund has navigated market fluctuations.
Expense Ratio: Check the expense ratio, which is the cost charged by the fund manager. Lower expense ratios mean more of your money stays invested and compounds over time.
Example of a Multi-Asset Portfolio
Let’s say you have INR 5,00,000 to invest and want to use a multi-asset fund for diversification. Here's a potential allocation:
- INR 2,50,000 in Equities: Equities have the potential for high returns but are also more volatile. This portion will help you capitalize on market upswings.
- INR 1,50,000 in Bonds: Bonds provide stability and regular Income. Even if the stock market takes a hit, bonds can soften the blow.
- INR 1,00,000 in Gold: Gold serves as a hedge against Inflation and market instability, adding an extra layer of protection to your portfolio.
By spreading your money across these assets, you reduce the risk of significant loss while also maintaining the potential for good returns.
Calculating Potential Returns
To understand how this portfolio might perform, let’s use a simple hypothetical example:
- Equities return 12% annually
- Bonds return 6% annually
- Gold returns 8% annually
After one year, your INR 5,00,000 portfolio might grow as follows:
- Equities: 2,50,000 * 12% = INR 30,000
- Bonds: 1,50,000 * 6% = INR 9,000
- Gold: 1,00,000 * 8% = INR 8,000
Total portfolio value = INR 5,00,000 + INR 30,000 + INR 9,000 + INR 8,000 = INR 5,47,000.
While this is a simplified example, it demonstrates how multi-asset funds diversify your returns and reduce the risk of loss from any one asset class.
Tax Benefits of Multi-Asset Funds
One of the attractive features of multi-asset funds in India is the potential for long-term Capital gains (LTCG) tax benefits. If you hold your investment for more than three years, you may be eligible for a lower Tax Rate on your gains. This makes them more tax-efficient compared to constantly moving between individual asset classes.
For example, if you sell your multi-asset fund units after three years, the Capital Gains are taxed at 20% with indexation benefits, which means your taxable gains are adjusted for inflation, reducing your overall Tax Liability.
Multi-Asset Funds vs. Creating Your Own Diversified Portfolio
You might wonder, why not just buy individual stocks, bonds, and gold on your own? The answer lies in convenience and professional management. Multi-asset funds are managed by experts who constantly monitor and rebalance the portfolio to optimize returns based on market conditions. For most investors, this level of management would be time-consuming and complex to replicate on their own.
Additionally, the costs associated with managing individual assets—brokerage fees, Taxes, and the effort required—can add up. Multi-asset funds provide a cost-efficient way to achieve diversification without the hassle of managing each asset class separately.
Top 8 Best Performing Multi-Asset Funds 2024
(Erstwhile Motilal Oswal MOSt Focused Multicap 35 Fund) The investment objective of the Scheme is to achieve long term capital appreciation by primarily investing in a maximum of 35 equity & equity related instruments across sectors and market-capitalization levels.However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved. Motilal Oswal Multicap 35 Fund is a Equity - Multi Cap fund was launched on 28 Apr 14. It is a fund with Moderately High risk and has given a Below is the key information for Motilal Oswal Multicap 35 Fund Returns up to 1 year are on (Erstwhile Kotak Select Focus Fund) The investment objective of the scheme is to generate long term appreciation from the portfolio of equity and equity related sectors, generally focussed on few selected sectors. Kotak Standard Multicap Fund is a Equity - Multi Cap fund was launched on 11 Sep 09. It is a fund with Moderately High risk and has given a Below is the key information for Kotak Standard Multicap Fund Returns up to 1 year are on (Erstwhile Mirae Asset India Opportunities Fund) The investment objective of the scheme is to generate long term capital appreciation by capitalizing on potential investment opportunities through predominantly investing in equities, equity related securities. Mirae Asset India Equity Fund is a Equity - Multi Cap fund was launched on 4 Apr 08. It is a fund with Moderately High risk and has given a Below is the key information for Mirae Asset India Equity Fund Returns up to 1 year are on (Erstwhile JM Multi Strategy Fund) The investment objective of the Scheme is to provide capital appreciation by investing in equity and equity related securities using a combination of strategies. JM Multicap Fund is a Equity - Multi Cap fund was launched on 23 Sep 08. It is a fund with Moderately High risk and has given a Below is the key information for JM Multicap Fund Returns up to 1 year are on The investment objective of the scheme is to seek to generate capital appreciation and/or provide income distribution from a portfolio of predominantly equity and equity related instruments. There is no assurance or guarantee that the objectives of the scheme will be realized. IDFC Focused Equity Fund is a Equity - Multi Cap fund was launched on 16 Mar 06. It is a fund with Moderately High risk and has given a Below is the key information for IDFC Focused Equity Fund Returns up to 1 year are on (Erstwhile Principal Growth Fund) The primary investment objective of the scheme is to achieve long-term capital appreciation. Principal Multi Cap Growth Fund is a Equity - Multi Cap fund was launched on 25 Oct 00. It is a fund with Moderately High risk and has given a Below is the key information for Principal Multi Cap Growth Fund Returns up to 1 year are on An Open-ended growth scheme with the objective of long term growth of capital, through a portfolio with a target allocation of 90% equity and 10% debt and money market securities. Aditya Birla Sun Life Equity Fund is a Equity - Multi Cap fund was launched on 27 Aug 98. It is a fund with Moderately High risk and has given a Below is the key information for Aditya Birla Sun Life Equity Fund Returns up to 1 year are on To provide investors with opportunities for long-term growth in capital along with the liquidity of an open-ended scheme through an active management of investments in a diversified basket of equity stocks spanning the entire market capitalization spectrum, debt and money market instruments. SBI Magnum Multicap Fund is a Equity - Multi Cap fund was launched on 29 Sep 05. It is a fund with Moderately High risk and has given a Below is the key information for SBI Magnum Multicap Fund Returns up to 1 year are on Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2023 (%) Motilal Oswal Multicap 35 Fund Growth ₹59.5094
↓ -0.45 ₹12,564 2.9 18.6 53 19.3 17 31 Kotak Standard Multicap Fund Growth ₹79.833
↓ -0.20 ₹53,844 -5.2 7 33.5 14.4 16.8 24.2 Mirae Asset India Equity Fund Growth ₹108.158
↓ -0.48 ₹42,179 -2.7 9.6 27.6 10.7 15.3 18.4 JM Multicap Fund Growth ₹104.36
↑ 0.70 ₹4,531 -3.3 13.1 54.8 26.4 24.6 40 IDFC Focused Equity Fund Growth ₹85.962
↑ 0.45 ₹1,794 6.7 17.1 46.9 16.3 18.1 31.3 Principal Multi Cap Growth Fund Growth ₹372.9
↑ 1.19 ₹2,854 -1.9 11.6 38.3 16.7 21.6 31.1 Aditya Birla Sun Life Equity Fund Growth ₹1,728.46
↓ -7.61 ₹23,905 -0.8 11.8 37.9 13.8 18.7 26 SBI Magnum Multicap Fund Growth ₹107.44
↑ 0.13 ₹23,489 -3 7.4 28.8 11.8 16.2 22.8 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 31 Oct 24 1. Motilal Oswal Multicap 35 Fund
CAGR/Annualized return of 18.5% since its launch. Ranked 5 in Multi Cap category. Return for 2023 was 31% , 2022 was -3% and 2021 was 15.3% . Motilal Oswal Multicap 35 Fund
Growth Launch Date 28 Apr 14 NAV (31 Oct 24) ₹59.5094 ↓ -0.45 (-0.75 %) Net Assets (Cr) ₹12,564 on 30 Sep 24 Category Equity - Multi Cap AMC Motilal Oswal Asset Management Co. Ltd Rating ☆☆☆☆☆ Risk Moderately High Expense Ratio 0.94 Sharpe Ratio 4.26 Information Ratio 0.33 Alpha Ratio 22.06 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Oct 19 ₹10,000 31 Oct 20 ₹9,454 31 Oct 21 ₹12,879 31 Oct 22 ₹12,784 31 Oct 23 ₹14,304 31 Oct 24 ₹21,891 Returns for Motilal Oswal Multicap 35 Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 31 Oct 24 Duration Returns 1 Month -5.9% 3 Month 2.9% 6 Month 18.6% 1 Year 53% 3 Year 19.3% 5 Year 17% 10 Year 15 Year Since launch 18.5% Historical performance (Yearly) on absolute basis
Year Returns 2023 31% 2022 -3% 2021 15.3% 2020 10.3% 2019 7.9% 2018 -7.8% 2017 43.1% 2016 8.5% 2015 14.6% 2014 Fund Manager information for Motilal Oswal Multicap 35 Fund
Name Since Tenure Ajay Khandelwal 1 Oct 24 0 Yr. Niket Shah 1 Jul 22 2.25 Yr. Santosh Singh 1 Aug 23 1.17 Yr. Rakesh Shetty 22 Nov 22 1.86 Yr. Atul Mehra 1 Oct 24 0 Yr. Sunil Sawant 1 Jul 24 0.25 Yr. Data below for Motilal Oswal Multicap 35 Fund as on 30 Sep 24
Equity Sector Allocation
Sector Value Consumer Cyclical 18.64% Technology 16.55% Financial Services 16.45% Industrials 16.34% Communication Services 9.29% Asset Allocation
Asset Class Value Cash 22.75% Equity 77.25% Top Securities Holdings / Portfolio
Name Holding Value Quantity Kalyan Jewellers India Ltd (Consumer Cyclical)
Equity, Since 30 Sep 23 | KALYANKJIL10% ₹1,268 Cr 17,363,181
↓ -1,136,819 Jio Financial Services Ltd (Financial Services)
Equity, Since 31 Jul 23 | JIOFIN9% ₹1,121 Cr 31,971,347
↓ -528,653 Persistent Systems Ltd (Technology)
Equity, Since 31 Mar 23 | PERSISTENT8% ₹1,022 Cr 1,875,000
↓ -44,829 Polycab India Ltd (Industrials)
Equity, Since 31 Jan 24 | POLYCAB8% ₹974 Cr 1,400,000
↑ 84,270 Coforge Ltd (Technology)
Equity, Since 31 May 23 | COFORGE7% ₹912 Cr 1,300,000
↑ 50,000 Bharti Airtel Ltd (Partly Paid Rs.1.25) (Communication Services)
Equity, Since 30 Apr 24 | 8901575% ₹654 Cr 5,000,000
↑ 175,000 Cholamandalam Investment and Finance Co Ltd (Financial Services)
Equity, Since 31 Mar 23 | CHOLAFIN5% ₹627 Cr 3,900,000 Trent Ltd (Consumer Cyclical)
Equity, Since 31 Jan 23 | 5002515% ₹568 Cr 750,000
↓ -850,000 Tube Investments of India Ltd Ordinary Shares (Industrials)
Equity, Since 31 May 22 | TIINDIA4% ₹542 Cr 1,250,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Apr 24 | BHARTIARTL4% ₹513 Cr 3,000,000 2. Kotak Standard Multicap Fund
CAGR/Annualized return of 14.7% since its launch. Ranked 3 in Multi Cap category. Return for 2023 was 24.2% , 2022 was 5% and 2021 was 25.4% . Kotak Standard Multicap Fund
Growth Launch Date 11 Sep 09 NAV (31 Oct 24) ₹79.833 ↓ -0.20 (-0.25 %) Net Assets (Cr) ₹53,844 on 30 Sep 24 Category Equity - Multi Cap AMC Kotak Mahindra Asset Management Co Ltd Rating ☆☆☆☆☆ Risk Moderately High Expense Ratio 1.51 Sharpe Ratio 2.28 Information Ratio -0.39 Alpha Ratio -1.36 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Oct 19 ₹10,000 31 Oct 20 ₹9,705 31 Oct 21 ₹14,533 31 Oct 22 ₹14,974 31 Oct 23 ₹16,311 31 Oct 24 ₹21,782 Returns for Kotak Standard Multicap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 31 Oct 24 Duration Returns 1 Month -5.9% 3 Month -5.2% 6 Month 7% 1 Year 33.5% 3 Year 14.4% 5 Year 16.8% 10 Year 15 Year Since launch 14.7% Historical performance (Yearly) on absolute basis
Year Returns 2023 24.2% 2022 5% 2021 25.4% 2020 11.8% 2019 12.3% 2018 -0.9% 2017 34.3% 2016 9.4% 2015 3% 2014 57.9% Fund Manager information for Kotak Standard Multicap Fund
Name Since Tenure Harsha Upadhyaya 4 Aug 12 12.17 Yr. Data below for Kotak Standard Multicap Fund as on 30 Sep 24
Equity Sector Allocation
Sector Value Financial Services 23.33% Industrials 17.97% Basic Materials 17.42% Consumer Cyclical 11.74% Technology 8.42% Energy 6.87% Health Care 3.61% Consumer Defensive 3.43% Utility 2.95% Communication Services 2.73% Asset Allocation
Asset Class Value Cash 1.46% Equity 98.54% Other 0% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 30 Sep 10 | ICICIBANK6% ₹3,373 Cr 26,500,000 Bharat Electronics Ltd (Industrials)
Equity, Since 31 Aug 14 | BEL5% ₹2,794 Cr 98,000,000 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 10 | HDFCBANK5% ₹2,771 Cr 16,000,000 Infosys Ltd (Technology)
Equity, Since 30 Nov 10 | INFY4% ₹2,157 Cr 11,500,000
↑ 800,000 UltraTech Cement Ltd (Basic Materials)
Equity, Since 31 Mar 14 | 5325384% ₹2,124 Cr 1,800,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Sep 13 | LT4% ₹2,095 Cr 5,700,000 Jindal Steel & Power Ltd (Basic Materials)
Equity, Since 31 Mar 18 | 5322864% ₹2,017 Cr 19,400,000
↓ -100,000 Axis Bank Ltd (Financial Services)
Equity, Since 31 May 12 | 5322154% ₹1,972 Cr 16,000,000 State Bank of India (Financial Services)
Equity, Since 31 Jan 12 | SBIN3% ₹1,875 Cr 23,800,000 SRF Ltd (Basic Materials)
Equity, Since 31 Dec 18 | SRF3% ₹1,574 Cr 6,300,000 3. Mirae Asset India Equity Fund
CAGR/Annualized return of 15.4% since its launch. Ranked 19 in Multi Cap category. Return for 2023 was 18.4% , 2022 was 1.6% and 2021 was 27.7% . Mirae Asset India Equity Fund
Growth Launch Date 4 Apr 08 NAV (31 Oct 24) ₹108.158 ↓ -0.48 (-0.44 %) Net Assets (Cr) ₹42,179 on 30 Sep 24 Category Equity - Multi Cap AMC Mirae Asset Global Inv (India) Pvt. Ltd Rating ☆☆☆☆☆ Risk Moderately High Expense Ratio 1.19 Sharpe Ratio 2.02 Information Ratio -0.85 Alpha Ratio -4.09 Min Investment 5,000 Min SIP Investment 1,000 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Oct 19 ₹10,000 31 Oct 20 ₹9,869 31 Oct 21 ₹14,995 31 Oct 22 ₹15,079 31 Oct 23 ₹15,940 31 Oct 24 ₹20,334 Returns for Mirae Asset India Equity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 31 Oct 24 Duration Returns 1 Month -6.3% 3 Month -2.7% 6 Month 9.6% 1 Year 27.6% 3 Year 10.7% 5 Year 15.3% 10 Year 15 Year Since launch 15.4% Historical performance (Yearly) on absolute basis
Year Returns 2023 18.4% 2022 1.6% 2021 27.7% 2020 13.7% 2019 12.7% 2018 -0.6% 2017 38.6% 2016 8.1% 2015 4.3% 2014 52.9% Fund Manager information for Mirae Asset India Equity Fund
Name Since Tenure Gaurav Misra 31 Jan 19 5.67 Yr. Data below for Mirae Asset India Equity Fund as on 30 Sep 24
Equity Sector Allocation
Sector Value Financial Services 35.92% Technology 13.63% Consumer Cyclical 10% Basic Materials 9.84% Industrials 7.41% Energy 5.31% Consumer Defensive 5.28% Health Care 4.7% Communication Services 3.99% Utility 2.51% Real Estate 0.69% Asset Allocation
Asset Class Value Cash 0.73% Equity 99.27% Other 0% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 09 | HDFCBANK9% ₹3,889 Cr 22,455,492
↓ -454,474 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK7% ₹3,042 Cr 23,898,432
↓ -1,067,043 Infosys Ltd (Technology)
Equity, Since 31 May 08 | INFY6% ₹2,621 Cr 13,973,661
↓ -465,596 Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 08 | RELIANCE5% ₹1,941 Cr 6,571,552
↓ -507,227 Axis Bank Ltd (Financial Services)
Equity, Since 31 Mar 14 | 5322154% ₹1,859 Cr 15,089,722
↑ 427,640 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Aug 10 | BHARTIARTL4% ₹1,682 Cr 9,840,616
↓ -125,355 Larsen & Toubro Ltd (Industrials)
Equity, Since 29 Feb 12 | LT4% ₹1,634 Cr 4,445,529
↑ 393,288 Tata Consultancy Services Ltd (Technology)
Equity, Since 31 May 09 | TCS3% ₹1,359 Cr 3,182,834
↑ 547,052 ITC Ltd (Consumer Defensive)
Equity, Since 29 Feb 12 | ITC3% ₹1,306 Cr 25,199,993
↓ -1,671,035 State Bank of India (Financial Services)
Equity, Since 31 Jul 08 | SBIN3% ₹1,250 Cr 15,866,395
↓ -546,509 4. JM Multicap Fund
CAGR/Annualized return of 15.7% since its launch. Ranked 16 in Multi Cap category. Return for 2023 was 40% , 2022 was 7.8% and 2021 was 32.9% . JM Multicap Fund
Growth Launch Date 23 Sep 08 NAV (31 Oct 24) ₹104.36 ↑ 0.70 (0.67 %) Net Assets (Cr) ₹4,531 on 30 Sep 24 Category Equity - Multi Cap AMC JM Financial Asset Management Limited Rating ☆☆☆☆ Risk Moderately High Expense Ratio 2.17 Sharpe Ratio 3.21 Information Ratio 1.8 Alpha Ratio 13.45 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-60 Days (1%),60 Days and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Oct 19 ₹10,000 31 Oct 20 ₹8,949 31 Oct 21 ₹14,858 31 Oct 22 ₹15,724 31 Oct 23 ₹19,376 31 Oct 24 ₹30,001 Returns for JM Multicap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 31 Oct 24 Duration Returns 1 Month -4.2% 3 Month -3.3% 6 Month 13.1% 1 Year 54.8% 3 Year 26.4% 5 Year 24.6% 10 Year 15 Year Since launch 15.7% Historical performance (Yearly) on absolute basis
Year Returns 2023 40% 2022 7.8% 2021 32.9% 2020 11.4% 2019 16.6% 2018 -5.4% 2017 39.5% 2016 10.5% 2015 -2.8% 2014 56% Fund Manager information for JM Multicap Fund
Name Since Tenure Satish Ramanathan 20 Aug 21 3.12 Yr. Asit Bhandarkar 1 Oct 24 0 Yr. Chaitanya Choksi 31 Dec 21 2.75 Yr. Ruchi Fozdar 4 Oct 24 0 Yr. Data below for JM Multicap Fund as on 30 Sep 24
Equity Sector Allocation
Sector Value Financial Services 23.63% Basic Materials 14.83% Industrials 14.15% Consumer Cyclical 13.39% Technology 9.68% Health Care 9.21% Consumer Defensive 5.28% Utility 4.63% Energy 1.68% Communication Services 1.51% Real Estate 1.03% Asset Allocation
Asset Class Value Cash 0.97% Equity 99.03% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 30 Nov 23 | HDFCBANK6% ₹293 Cr 1,690,500
↑ 910,000 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 21 | ICICIBANK4% ₹200 Cr 1,570,800
↑ 690,000 Infosys Ltd (Technology)
Equity, Since 30 Nov 20 | INFY4% ₹168 Cr 897,750
↑ 225,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Nov 10 | LT3% ₹138 Cr 375,231 State Bank of India (Financial Services)
Equity, Since 30 Nov 20 | SBIN3% ₹136 Cr 1,725,000
↑ 725,000 Dr Reddy's Laboratories Ltd (Healthcare)
Equity, Since 31 Jul 24 | DRREDDY3% ₹132 Cr 195,522 Asian Paints Ltd (Basic Materials)
Equity, Since 31 Jul 24 | 5008203% ₹117 Cr 350,500
↑ 170,500 CESC Ltd (Utilities)
Equity, Since 30 Nov 23 | CESC3% ₹115 Cr 5,711,774
↓ -200,000 KEC International Ltd (Industrials)
Equity, Since 31 Mar 24 | 5327142% ₹106 Cr 1,023,531
↑ 90,325 Samvardhana Motherson International Ltd (Consumer Cyclical)
Equity, Since 31 Aug 24 | MOTHERSON2% ₹106 Cr 5,026,315
↑ 526,315 5. IDFC Focused Equity Fund
CAGR/Annualized return of 12.2% since its launch. Ranked 13 in Multi Cap category. Return for 2023 was 31.3% , 2022 was -5% and 2021 was 24.6% . IDFC Focused Equity Fund
Growth Launch Date 16 Mar 06 NAV (31 Oct 24) ₹85.962 ↑ 0.45 (0.52 %) Net Assets (Cr) ₹1,794 on 30 Sep 24 Category Equity - Multi Cap AMC IDFC Asset Management Company Limited Rating ☆☆☆☆ Risk Moderately High Expense Ratio 2.13 Sharpe Ratio 2.42 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 100 Exit Load 0-365 Days (1%),365 Days and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Oct 19 ₹10,000 31 Oct 20 ₹10,621 31 Oct 21 ₹14,612 31 Oct 22 ₹14,308 31 Oct 23 ₹15,659 31 Oct 24 ₹23,009 Returns for IDFC Focused Equity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 31 Oct 24 Duration Returns 1 Month -2.7% 3 Month 6.7% 6 Month 17.1% 1 Year 46.9% 3 Year 16.3% 5 Year 18.1% 10 Year 15 Year Since launch 12.2% Historical performance (Yearly) on absolute basis
Year Returns 2023 31.3% 2022 -5% 2021 24.6% 2020 14.9% 2019 8.9% 2018 -12.7% 2017 54.4% 2016 1.8% 2015 -4.8% 2014 32.2% Fund Manager information for IDFC Focused Equity Fund
Name Since Tenure Sumit Agrawal 20 Oct 16 7.95 Yr. Ritika Behera 7 Oct 23 0.99 Yr. Gaurav Satra 7 Jun 24 0.32 Yr. Data below for IDFC Focused Equity Fund as on 30 Sep 24
Equity Sector Allocation
Sector Value Financial Services 28.66% Consumer Cyclical 21.22% Industrials 12.68% Technology 12.17% Energy 5.3% Health Care 5.04% Real Estate 4.84% Utility 4.15% Consumer Defensive 3.76% Asset Allocation
Asset Class Value Cash 2.18% Equity 97.82% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 19 | 5001809% ₹149 Cr 912,664 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | 5321748% ₹133 Cr 1,078,678
↓ -141,500 Trent Ltd (Consumer Cyclical)
Equity, Since 30 Nov 22 | TRENT6% ₹101 Cr 141,436
↓ -10,406 Reliance Industries Ltd (Energy)
Equity, Since 31 Aug 23 | 5003255% ₹92 Cr 305,924 Apar Industries Ltd (Industrials)
Equity, Since 31 Aug 23 | APARINDS5% ₹88 Cr 95,629
↓ -18,531 Phoenix Mills Ltd (Real Estate)
Equity, Since 30 Nov 22 | PHOENIXLTD5% ₹84 Cr 223,835 Cholamandalam Investment and Finance Co Ltd (Financial Services)
Equity, Since 30 Jun 22 | 5112434% ₹77 Cr 530,834
↓ -35,369 INOX Green Energy Services Ltd (Utilities)
Equity, Since 31 Aug 24 | INOXGREEN4% ₹72 Cr 3,623,188
↑ 3,623,188 Infosys Ltd (Technology)
Equity, Since 31 Oct 19 | 5002094% ₹61 Cr 314,307 FSN E-Commerce Ventures Ltd (Consumer Cyclical)
Equity, Since 31 May 24 | 5433843% ₹58 Cr 2,812,367 6. Principal Multi Cap Growth Fund
CAGR/Annualized return of 16.3% since its launch. Ranked 12 in Multi Cap category. Return for 2023 was 31.1% , 2022 was -1.6% and 2021 was 46.3% . Principal Multi Cap Growth Fund
Growth Launch Date 25 Oct 00 NAV (31 Oct 24) ₹372.9 ↑ 1.19 (0.32 %) Net Assets (Cr) ₹2,854 on 30 Sep 24 Category Equity - Multi Cap AMC Principal Pnb Asset Mgmt. Co. Priv. Ltd. Rating ☆☆☆☆ Risk Moderately High Expense Ratio 2.05 Sharpe Ratio 2.52 Information Ratio -0.45 Alpha Ratio 0.64 Min Investment 5,000 Min SIP Investment 100 Exit Load 0-365 Days (1%),365 Days and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Oct 19 ₹10,000 31 Oct 20 ₹9,964 31 Oct 21 ₹16,741 31 Oct 22 ₹17,324 31 Oct 23 ₹19,239 31 Oct 24 ₹26,598 Returns for Principal Multi Cap Growth Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 31 Oct 24 Duration Returns 1 Month -5.8% 3 Month -1.9% 6 Month 11.6% 1 Year 38.3% 3 Year 16.7% 5 Year 21.6% 10 Year 15 Year Since launch 16.3% Historical performance (Yearly) on absolute basis
Year Returns 2023 31.1% 2022 -1.6% 2021 46.3% 2020 15% 2019 3.9% 2018 -8.7% 2017 48.7% 2016 6.4% 2015 2.8% 2014 49.4% Fund Manager information for Principal Multi Cap Growth Fund
Name Since Tenure Ratish Varier 1 Jan 22 2.75 Yr. Sudhir Kedia 1 Jan 22 2.75 Yr. Data below for Principal Multi Cap Growth Fund as on 30 Sep 24
Equity Sector Allocation
Sector Value Financial Services 19.83% Industrials 16.44% Consumer Cyclical 15.29% Technology 8.64% Energy 8.36% Health Care 7.75% Basic Materials 5.52% Communication Services 4.99% Consumer Defensive 3.98% Utility 2.85% Real Estate 2.28% Asset Allocation
Asset Class Value Cash 4.06% Equity 95.94% Top Securities Holdings / Portfolio
Name Holding Value Quantity Reliance Industries Ltd (Energy)
Equity, Since 31 Jan 05 | RELIANCE6% ₹168 Cr 556,134 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 09 | HDFCBANK4% ₹122 Cr 746,575 Power Finance Corp Ltd (Financial Services)
Equity, Since 30 Apr 23 | 5328103% ₹93 Cr 1,689,887 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 May 23 | LT3% ₹85 Cr 230,571 Infosys Ltd (Technology)
Equity, Since 30 Apr 08 | INFY3% ₹83 Cr 425,850 NTPC Ltd (Utilities)
Equity, Since 31 Mar 23 | 5325553% ₹81 Cr 1,955,077 Indian Bank (Financial Services)
Equity, Since 31 Dec 23 | 5328143% ₹76 Cr 1,339,692 Lupin Ltd (Healthcare)
Equity, Since 30 Apr 24 | 5002572% ₹70 Cr 311,373 KSB Ltd (Industrials)
Equity, Since 31 Jul 22 | KSB2% ₹70 Cr 749,415 TVS Holdings Ltd (Consumer Cyclical)
Equity, Since 30 Sep 23 | 5200562% ₹68 Cr 49,053 7. Aditya Birla Sun Life Equity Fund
CAGR/Annualized return of 21.8% since its launch. Ranked 16 in Multi Cap category. Return for 2023 was 26% , 2022 was -1.1% and 2021 was 30.3% . Aditya Birla Sun Life Equity Fund
Growth Launch Date 27 Aug 98 NAV (31 Oct 24) ₹1,728.46 ↓ -7.61 (-0.44 %) Net Assets (Cr) ₹23,905 on 30 Sep 24 Category Equity - Multi Cap AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.69 Sharpe Ratio 2.51 Information Ratio -0.75 Alpha Ratio -0.61 Min Investment 1,000 Min SIP Investment 100 Exit Load 0-365 Days (1%),365 Days and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Oct 19 ₹10,000 31 Oct 20 ₹9,983 31 Oct 21 ₹15,941 31 Oct 22 ₹15,579 31 Oct 23 ₹17,054 31 Oct 24 ₹23,521 Returns for Aditya Birla Sun Life Equity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 31 Oct 24 Duration Returns 1 Month -5.9% 3 Month -0.8% 6 Month 11.8% 1 Year 37.9% 3 Year 13.8% 5 Year 18.7% 10 Year 15 Year Since launch 21.8% Historical performance (Yearly) on absolute basis
Year Returns 2023 26% 2022 -1.1% 2021 30.3% 2020 16.1% 2019 8.5% 2018 -4.1% 2017 33.5% 2016 15.2% 2015 2.9% 2014 56.6% Fund Manager information for Aditya Birla Sun Life Equity Fund
Name Since Tenure Harish Krishnan 3 Nov 23 0.91 Yr. Dhaval Joshi 21 Nov 22 1.86 Yr. Data below for Aditya Birla Sun Life Equity Fund as on 30 Sep 24
Equity Sector Allocation
Sector Value Financial Services 28.79% Consumer Cyclical 12.46% Industrials 11.15% Technology 10.76% Health Care 9.55% Basic Materials 8.63% Consumer Defensive 6.87% Energy 5.32% Communication Services 4.66% Real Estate 0.65% Utility 0.01% Asset Allocation
Asset Class Value Cash 1.17% Equity 98.83% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 16 | ICICIBANK7% ₹1,692 Cr 13,287,988 Infosys Ltd (Technology)
Equity, Since 30 Apr 05 | INFY5% ₹1,219 Cr 6,500,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Nov 17 | BHARTIARTL4% ₹892 Cr 5,219,815 Reliance Industries Ltd (Energy)
Equity, Since 31 May 19 | RELIANCE4% ₹888 Cr 3,008,250
↑ 208,250 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 08 | HDFCBANK4% ₹871 Cr 5,031,369 Sun Pharmaceuticals Industries Ltd (Healthcare)
Equity, Since 31 Dec 18 | SUNPHARMA4% ₹866 Cr 4,495,840
↓ -164,492 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 28 Feb 19 | KOTAKBANK3% ₹757 Cr 4,085,437
↑ 134,400 HCL Technologies Ltd (Technology)
Equity, Since 30 Nov 11 | HCLTECH3% ₹749 Cr 4,168,873
↓ -678,889 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Dec 23 | LT3% ₹630 Cr 1,713,497 Radico Khaitan Ltd (Consumer Defensive)
Equity, Since 30 Apr 14 | RADICO2% ₹542 Cr 2,650,000
↓ -135,478 8. SBI Magnum Multicap Fund
CAGR/Annualized return of since its launch. Ranked 9 in Multi Cap category. Return for 2023 was 22.8% , 2022 was 0.7% and 2021 was 30.8% . SBI Magnum Multicap Fund
Growth Launch Date 29 Sep 05 NAV (31 Oct 24) ₹107.44 ↑ 0.13 (0.12 %) Net Assets (Cr) ₹23,489 on 30 Sep 24 Category Equity - Multi Cap AMC SBI Funds Management Private Limited Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.72 Sharpe Ratio 2.21 Information Ratio 0 Alpha Ratio 0 Min Investment 1,000 Min SIP Investment 500 Exit Load 0-6 Months (1%),6-12 Months (0.5%),12 Months and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Oct 19 ₹10,000 31 Oct 20 ₹9,493 31 Oct 21 ₹15,177 31 Oct 22 ₹15,339 31 Oct 23 ₹16,457 31 Oct 24 ₹21,190 Returns for SBI Magnum Multicap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 31 Oct 24 Duration Returns 1 Month -5.9% 3 Month -3% 6 Month 7.4% 1 Year 28.8% 3 Year 11.8% 5 Year 16.2% 10 Year 15 Year Since launch Historical performance (Yearly) on absolute basis
Year Returns 2023 22.8% 2022 0.7% 2021 30.8% 2020 13.6% 2019 11% 2018 -5.5% 2017 37% 2016 5.8% 2015 9.8% 2014 56% Fund Manager information for SBI Magnum Multicap Fund
Name Since Tenure R. Srinivasan 1 Jan 22 2.75 Yr. Pradeep Kesavan 31 Dec 23 0.75 Yr. Data below for SBI Magnum Multicap Fund as on 30 Sep 24
Equity Sector Allocation
Sector Value Financial Services 24.72% Consumer Cyclical 18.14% Industrials 12.47% Basic Materials 10% Energy 7.5% Technology 6.88% Communication Services 6.36% Consumer Defensive 5.27% Health Care 3.93% Utility 2.27% Asset Allocation
Asset Class Value Cash 2.46% Equity 97.54% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 15 | HDFCBANK6% ₹1,295 Cr 7,475,354
↑ 850,000 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 28 Feb 23 | KOTAKBANK5% ₹1,241 Cr 6,694,000
↑ 610,000 Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 20 | RELIANCE5% ₹1,154 Cr 3,908,270
↓ -235,000 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 17 | ICICIBANK3% ₹791 Cr 6,210,055
↑ 1,500,000 Infosys Ltd (Technology)
Equity, Since 31 Oct 20 | INFY3% ₹699 Cr 3,725,000
↓ -770,000 Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 30 Jun 22 | M&M3% ₹672 Cr 2,170,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 19 | LT3% ₹669 Cr 1,821,034 Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Sep 16 | BHARTIARTL3% ₹641 Cr 3,750,000 Cognizant Technology Solutions Corp Class A (Technology)
Equity, Since 31 Jan 24 | CTSH2% ₹582 Cr 900,000 Nuvoco Vista Corp Ltd (Basic Materials)
Equity, Since 31 Aug 21 | 5433342% ₹457 Cr 12,710,062
Why Multi-Asset Funds Make Sense for Diversification
In summary, multi-asset funds offer a simple yet effective way to achieve portfolio diversification. They help spread risk across different asset classes, reducing the impact of market Volatility. Whether you're a conservative or aggressive investor, there is a multi-asset fund designed to meet your needs.
By choosing the right multi-asset fund, you can enjoy balanced returns, tax benefits, and professional management—all of which can lead to optimal diversification and long-term wealth growth.
If you’re looking to invest smartly and balance your portfolio, multi-asset funds are a great option to consider.
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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