Kotak Multi Cap Fund vs Nippon India Multi Cap Fund
Over the last 3 years, Kotak Multi Cap Fund returned 17.0% a year against 13.5% for Nippon India Multi Cap Fund (Direct plans). Kotak Multi Cap Fund costs less (0.70% a year, Direct). They hold 20 stocks in common; the portfolio overlap is 20%. Data as of 5 Nov 2026.
| Kotak Multi Cap Fund | Nippon India Multi Cap Fund | |
|---|---|---|
| Category | Multi Cap | Multi Cap |
| Fund house | Kotak Mahindra Mutual Fund | Nippon India Mutual Fund |
| Benchmark (TRI) | NIFTY500 Multicap 50:25:25 | NIFTY500 Multicap 50:25:25 |
| Age | 5.1 years | 13.8 years |
| AUM | ₹29,878 cr | ₹55,566 cr |
| Direct plan | ||
| Rating | A+ | B |
| Expense ratio | 0.70% | 0.89% |
| 1Y return | 1.5% | -2.4% |
| 3Y return (a year) | 17.0% | 13.5% |
| 5Y return (a year) | 16.4% | 15.4% |
| 3Y vs index | +4.2% | +0.6% |
| Regular plan | ||
| Rating | A+ | B |
| Expense ratio | 1.80% | 1.62% |
| 1Y return | 0.4% | -3.1% |
| 3Y return (a year) | 15.6% | 12.6% |
| 5Y return (a year) | 14.8% | 14.5% |
| 3Y vs index | +2.7% | -0.3% |
| Risk and portfolio | ||
| Volatility, 3Y | 15.9% | 15.0% |
| Max fall, 5Y | -21.0% | -18.6% |
| Down capture, 3Y | 94 | 86 |
| Stocks held | 72 | 120 |
| Top 10 holdings | 35% | 28% |
Common questions
Kotak Multi Cap Fund or Nippon India Multi Cap Fund: which has done better?
Over the last 3 years, Kotak Multi Cap Fund returned 17.0% a year against 13.5% for Nippon India Multi Cap Fund (Direct plans).
How much do Kotak Multi Cap Fund and Nippon India Multi Cap Fund overlap?
They hold 20 stocks in common; the portfolio overlap is 20%.
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.