ICICI Prudential Multi Cap Fund vs Nippon India Multi Cap Fund
Over the last 3 years, ICICI Prudential Multi Cap Fund returned 15.1% a year against 13.5% for Nippon India Multi Cap Fund (Direct plans). Nippon India Multi Cap Fund costs less (0.89% a year, Direct). They hold 29 stocks in common; the portfolio overlap is 14%. Data as of 5 Nov 2026.
| ICICI Prudential Multi Cap Fund | Nippon India Multi Cap Fund | |
|---|---|---|
| Category | Multi Cap | Multi Cap |
| Fund house | ICICI Prudential Mutual Fund | Nippon India Mutual Fund |
| Benchmark (TRI) | NIFTY500 Multicap 50:25:25 | NIFTY500 Multicap 50:25:25 |
| Age | 13.8 years | 13.8 years |
| AUM | ₹18,973 cr | ₹55,566 cr |
| Direct plan | ||
| Rating | B | B |
| Expense ratio | 1.00% | 0.89% |
| 1Y return | 3.0% | -2.4% |
| 3Y return (a year) | 15.1% | 13.5% |
| 5Y return (a year) | 13.3% | 15.4% |
| 3Y vs index | +2.2% | +0.6% |
| Regular plan | ||
| Rating | A | B |
| Expense ratio | 1.74% | 1.62% |
| 1Y return | 2.2% | -3.1% |
| 3Y return (a year) | 14.2% | 12.6% |
| 5Y return (a year) | 12.4% | 14.5% |
| 3Y vs index | +1.3% | -0.3% |
| Risk and portfolio | ||
| Volatility, 3Y | 14.7% | 15.0% |
| Max fall, 5Y | -17.2% | -18.6% |
| Down capture, 3Y | 91 | 86 |
| Stocks held | 168 | 120 |
| Top 10 holdings | 24% | 28% |
Common questions
ICICI Prudential Multi Cap Fund or Nippon India Multi Cap Fund: which has done better?
Over the last 3 years, ICICI Prudential Multi Cap Fund returned 15.1% a year against 13.5% for Nippon India Multi Cap Fund (Direct plans).
How much do ICICI Prudential Multi Cap Fund and Nippon India Multi Cap Fund overlap?
They hold 29 stocks in common; the portfolio overlap is 14%.
Should I hold both?
Two funds with a high overlap add little diversification. Check how they fit your goal and the rest of your portfolio; we can help.
Past performance does not guarantee future returns. This comparison is not a recommendation to buy or sell either fund.