Multi-cap funds offer equity-like returns with lower drawdowns
Mumbai: Investors looking for equity-like returns with milder drawdowns could consider multi-cap funds that invest across large-, mid- and small-cap stocks.Over the 21-year period from April 2005 to July 2026, the Nifty 500 Multicap 50:25:25 TRI delivered an annualised return of 15.53%, higher than the 13.99% return from large-caps and slightly lower than 15.79% for small-caps and 17.19% for mid-caps, according to a WhiteOak Capital study.Multi-caps also saw lower volatility and drawdowns than …

