Contents
Returns vs category
3 years: 13.46% a year, 19th of 23 multi cap funds
Direct-Growth plan, a year, to 9 November 2026, from AMFI NAVs. Ranks and averages cover the 33 multi cap funds AMFI lists that are old enough for each period.
Year by year
Ahead of the category average in 2 of the last 3 calendar years
- 2023+23.6%avg +34.5%
- 2024+27.0%avg +25.3%
- 2025+3.8%avg +3.6%
- 2026to 9 Nov+1.8%avg +6.1%
Calendar-year returns of the Direct-Growth plan. The average covers today’s multi cap funds that had a full year then.
3-year returns
Every 3-year stretch since 2022 made money: 10.1% to 23.7% a year
- Lowest
- +10.1%
- to October 2026
- Middle
- +17.1%
- Highest
- +23.7%
- to June 2025
Every 3-year holding period ending on a NAV day from 17 March 2025 to 9 November 2026 (415 periods), annualised.
Worst fall
Worst fall: 15.1% (Jul 2025–Mar 2026), back at its high 5 months later
- High
- 23 Jul 2025
- Low
- 31 Mar 2026
- Back at the high
- 20 Aug 2026
- Now
- 2.4% below the 26 Aug 2026 high
Fall from the highest NAV to the lowest that followed, on daily direct plan NAVs since 15 March 2022.
Cost
The regular plan costs 0.78% a year more: about ₹1.93 lakh on ₹10 lakh over 10 years
₹10 lakh invested once and held 10 years, assuming 12% a year before costs (an assumption, not a forecast). Expense ratios as disclosed on 8 November 2026. Try your own numbers in the fee calculator.
Size and facts
₹24,132 crore of assets: the 3rd largest of 33 multi cap funds
- Average assets, July–September 2026
- ₹24,132 crore
- Fund house
- SBI Mutual Fund
- Category
- Multi cap
Genvest AI score
Genvest AI score 35 out of 100, ranked 21 of 32
Ranked 21 of 32 multi cap funds
Two of the things the score looks at, against other multi cap funds:
- Holding up in fallsSmaller, shorter falls than most multi cap funds
- How bad the bad days wereMilder bad days, for its gains, than most multi cap funds
The Genvest AI score is Genvest’s proprietary score that ranks mutual funds within their category using quantitative methods. It is not a recommendation to buy, sell or hold any fund.
Scored on data to 6 November 2026, among the 32 multi cap funds Genvest scores. How the score works.
Similar funds
Other multi cap funds of a similar size
- Kotak Multi Cap Fund3 years 17.11% a year · expense ratio 0.70%
- HDFC Multi Cap Fund3 years 11.68% a year · expense ratio 0.95%
- ICICI Prudential Multi Cap Fund3 years 14.63% a year · expense ratio 1.00%
- Axis Multicap Fund3 years 19.66% a year · expense ratio 0.92%
Questions people ask
₹17.8866 on 9 November 2026, as published by AMFI, up 0.44% from 6 November 2026. Fund houses publish a NAV for every business day. The regular plan and the IDCW options have NAVs of their own; the regular plan’s grows more slowly because its expense ratio is higher.
To 9 November 2026, the direct plan returned 0.66% over 1 year, 13.46% over 3 years (a year, annualised beyond one year). These are AMFI NAV returns of the Direct-Growth plan; the regular plan’s are lower by roughly the difference in expense ratios. Past returns do not guarantee future returns.
Over 1 year it ranked 29th of 32, against a category average of 6.40%. Over 3 years it ranked 19th of 23, against a category average of 15.16%. Ranks compare the direct plans of the multi cap funds AMFI lists today, by return; they are not ratings.
As disclosed on 8 November 2026, the total expense ratio is 1.04% a year for the direct plan and 1.82% for the regular plan. The 0.78% gap is mostly the distributor’s commission. On ₹10 lakh held for 10 years at an assumed 12% a year before costs, the direct plan would end about ₹1.93 lakh ahead.
Its direct plan NAV fell 15.1% from its high on 23 July 2025 to 31 March 2026, and was back at that high on 20 August 2026. On 9 November 2026 it was 2.4% below its highest NAV, set on 26 August 2026.
Its average assets in July–September 2026 were ₹24,132 crore, across all plans, per AMFI: the 3rd largest of 33 multi cap funds.
35 out of 100 as of 6 November 2026, ranking it 21 of the 32 multi cap funds Genvest scores. The Genvest AI score is Genvest’s proprietary score that ranks mutual funds within their category using quantitative methods. It is not a recommendation to buy, sell or hold any fund.
That depends on your goals, how long you can stay invested and what else you hold, which this page cannot know. What the data shows: its returns against other multi cap funds, how far it has fallen, and what it costs. Its rank changes from year to year, so look at several periods rather than one, and at how a fall like its worst would feel for your money. This is education, not a recommendation to buy, sell or hold.
Related
This page is educational research based on AMFI data and Genvest’s own analysis. It is not a recommendation to invest in any scheme, or personalised investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not guarantee future returns. Registration granted by SEBI, enlistment with IAASB and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.