Multicap mutual fund schemes, like other equity mutual fund categories, had a tough year in 2018. The stock market correction hit these schemes hard, and category offered negative returns (-3.63 per cent) in one year. However, some multicap schemes outperformed the category average: Axis Multicap Fund that offered around 8 per cent returns in one year, followed by UTI Equity Fund that has given 5.76 per cent returns in the last one year.
“2018 was a topsy-turvy year for the multicap fun ..
