Mahindra Manulife Multi Cap Fund vs SBI MultiCap Fund
Over the last 3 years, Mahindra Manulife Multi Cap Fund returned 18.4% a year against 13.9% for SBI MultiCap Fund (Direct plans). In falling months, SBI MultiCap Fund fell less: 79% of the index's fall, against 95%. Data as of 12 Nov 2026.
| Mahindra Manulife Multi Cap Fund | SBI MultiCap Fund | |
|---|---|---|
| Category | Multi Cap | Multi Cap |
| Fund house | Mahindra Manulife Mutual Fund | SBI Mutual Fund |
| Benchmark | NIFTY500 Multicap 50:25:25 TRI | NIFTY500 Multicap 50:25:25 TRI |
| Age | 9.5 years | 4.7 years |
| AUM on 30 Oct 2026 | ₹7,338 cr | ₹22,848 cr |
| Direct plan | ||
| Rating | A | B |
| Expense ratio | 0.95% | 1.04% |
| 1Y return | 12.2% | 1.5% |
| 3Y return (a year) | 18.4% | 13.9% |
| 5Y return (a year) | 14.9% | – |
| 3Y vs index | +5.5% | +1.0% |
| Rating score, rank | 69 · #4 of 23 | 59 · #7 of 23 |
| Regular plan | ||
| Rating | A | A |
| Expense ratio | 2.18% | 1.82% |
| 1Y return | 10.7% | 0.7% |
| 3Y return (a year) | 16.8% | 13.0% |
| 5Y return (a year) | 13.2% | – |
| 3Y vs index | +3.8% | +0.1% |
| Rating score, rank | 69 · #4 of 23 | 66 · #5 of 23 |
| Consistency, risk and portfolio | ||
| Ahead of index, rolling 3Y periods | 100% | – |
| Deepest fall, 3Y | -20.2% | -15.1% |
| Volatility, 3Y | 16.2% | 13.4% |
| Max fall, 5Y | -20.6% | -15.1% |
| Down capture, 3Y | 95 | 79 |
| Stocks held | – | 71 |
| Top 10 holdings | – | 29% |
| Large / mid / small caps | – | 34 / 26 / 32% |
| Largest sector | – | Banks |
Common questions
Mahindra Manulife Multi Cap Fund or SBI MultiCap Fund: which is better?
On our track-record ratings (Direct plans), Mahindra Manulife Multi Cap Fund is rated A and SBI MultiCap Fund is rated B, each against its own category. Ratings describe the record so far and are not a forecast; which suits you depends on your goal and the funds you already hold.
Mahindra Manulife Multi Cap Fund or SBI MultiCap Fund: which has done better?
Over the last 3 years, Mahindra Manulife Multi Cap Fund returned 18.4% a year against 13.9% for SBI MultiCap Fund (Direct plans).
How much do Mahindra Manulife Multi Cap Fund and SBI MultiCap Fund overlap?
Holdings for one of these schemes are not available yet.
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.
More comparisons
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Past performance does not guarantee future returns. This comparison is not a recommendation to buy or sell either fund.
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