Quant Multi Cap Fund leads multi-cap mutual funds in six-month returns; delivers 11.5% gain
Quant Multi Cap Fund delivered 11.5% returns over the last six months and 10.9% CAGR over three years, according to ACE MF data on August 4.
Moneycontrol Desk
August 05, 2026 / 11:31 IST
Among multi-cap mutual funds that meet the screen used for this ranking, Quant Multi Cap Fund is at the top on six-month returns. The fund delivered 11.5 percent, ahead of Mahindra Manulife Multi Cap Fund at 8.5 percent and Axis Multicap Fund at 8.4 percent, according to ACE MF data on August 4.
The ranking considers only schemes with assets under management of at least Rs 1,500 crore. Among the top five funds that meet this criterion, ICICI Pru Multicap Fund has the largest corpus at Rs 18,193.9 crore.
The benchmark comparison is also important. Quant Multi Cap Fund was ahead of its benchmark by 7.4 percentage points on a one-year basis, with the benchmark returning 0.8%. It was also ahead of its benchmark by 1.6 percentage points on a three-year basis, with the benchmark returning 9.3%.
A different fund moves to the top when the one-month window is used. Axis Multicap Fund leads this comparison with 4.1 percent.
The three-month ranking gives a different reading. LIC MF Multi Cap Fund is ahead on this measure with a return of 9.7 percent.
The leadership shifts in the three-year comparison, where Axis Multicap Fund tops the list with 20.0 percent.
The variation across return windows shows why rankings can look different depending on the period being considered. A short-term leader may not always be the same as the fund that has done well over a longer horizon.
Table: Top 5 multi-cap funds by six-month return
| Fund name | 6-month return (%) | AUM (Rs crore) | 1-month return (%) | 3-month return (%) | 1-year return (%) | 3-year return (%) |
|---|---|---|---|---|---|---|
| Quant Multi Cap Fund | 11.5 | 7,761.5 | -0.5 | 6.3 | 8.2 | 10.9 |
| Mahindra Manulife Multi Cap Fund | 8.5 | 6,926.0 | 2.0 | 6.5 | 10.8 | 17.4 |
| Axis Multicap Fund | 8.4 | 10,457.3 | 4.1 | 9.3 | 9.8 | 20.0 |
| ICICI Pru Multicap Fund | 8.1 | 18,193.9 | 1.9 | 5.6 | 10.4 | 17.2 |
| LIC MF Multi Cap Fund | 7.8 | 2,042.5 | 1.6 | 9.7 | 9.3 | 18.0 |
Note: The ranking considers only schemes with minimum assets under management of Rs 1,500 crore. Returns and AUM are according to ACE MF data on August 4. One-year and three-year returns are CAGR; one-month, three-month and six-month returns are absolute returns. AUM is in Rs crore.
What is a multi-cap fund?
Multi-cap funds invest across large-cap, mid-cap and small-cap stocks and are required to maintain minimum exposure across all three market-cap segments.