SBI Multicap Fund among 3 multicap mutual funds that beat category average and benchmark in 1 year

Over the past one year, when equities remained in the red, the real test for mutual funds has been their ability to limit losses or eke out gains. Here are three multi-cap funds which have outperformed their respective category average and benchmark, as reported by ETBureau.

While the average returns of equity schemes have shrunk by 4–6%, categories such as large-cap, large-and-midcap, and flexi-cap funds have stood out, with a handful of schemes posting one-year absolute returns.

Motilal Oswal Multi Cap Fund gave a return of 6.60% in the last one year compared to a loss of 4.18% as the category average and a loss of 6.91% by benchmark Nifty500 Multicap 50:25:25.

WhiteOak Multi Cap Fund gave a negative return of 1.73% in the last one year compared to a loss of 4.18% as the category average and a loss of 6.91% by benchmark Nifty500 Multicap 50:25:25.

SBI Multicap Fund gave a negative return of 0.95% in the last one year compared to a loss of 4.18% as the category average and a loss of 6.91% by benchmark Nifty500 Multicap 50:25:25.

These funds not only beat their benchmarks but also shielded investors from the sharper drawdowns seen in mid- and small-cap strategies, making them the relative winners in an otherwise weak year for equities.