Multi-cap funds with equity exposure of 25 per cent each in the large-, mid- and small-caps have delivered better returns in the last few years despite the markets remaining highly volatile.
Among various multi-cap funds, Mahindra Manulife Multicap Fund, Nippon India Multi Cap, Baroda BNP Paribas Multi Cap, ICICI Prudential Multicap, Sundaram Multi cap and Invesco India Multicap Fund have done much better.