Nippon India Multi Cap Fund vs The Wealth Company Multi Cap Fund
Direct Plan, Growth option · Data as on 30-10-2026
Nippon India Multi Cap Fund and The Wealth Company Multi Cap Fund are both Multi Cap funds. Nippon India Multi Cap Fund charges 0.89% a year and The Wealth Company Multi Cap Fund 4.86% (Direct plans). Their portfolios overlap 23.9%: they hold 18 of the same securities.
The Wealth Company Multi Cap Fund
Multi Cap
- Expense ratio
- 4.86%
- NAV
- ₹9.51
Which is better, Nippon India Multi Cap or The Wealth Company Multi Cap? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Nippon India Multi Cap costs less: 0.89% a year against 4.86% (Direct plans).
- The Wealth Company Multi Cap fell less in its worst fall since 21-09-2026: −7.2% against −8.0%.
- Nippon India Multi Cap is the larger fund: ₹53,767 Cr against ₹139 Cr.
- Their portfolios overlap 23.9%: 18 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Nippon India Multi Cap Fund | The Wealth Company Multi Cap Fund |
|---|---|---|
| Fund house | Nippon India Mutual Fund | The Wealth Company Mutual Fund |
| Category | Multi Cap | Multi Cap |
| AUM | ₹53,767 Cr (30-09-2026) | ₹139 Cr (30-09-2026) |
| NAV | ₹309.72 (Direct) | ₹9.51 (Direct) |
| Expense ratio (Direct) | 0.89% | 4.86% |
| Expense ratio (Regular) | 1.62% | 6.87% |
| Riskometer | Very High | Very High |
| Benchmark | NIFTY 500 Multicap 50:25:25 Total Return Index | NIFTY 500 Multicap 50:25:25 Total Return Index |
| Launch date | 28-03-2005 | 17-09-2026 |
| Minimum investment | ₹100 | ₹1,000 |
| Lock in | None | None |
| Fund managers | Sailesh Raj Bhan, Yatin Matta | Chinmay Sathe |
| Exit load | For units more than 10% of the investments, an exit load of 1% if redeemed within 12 months. | 1% - If redeemed/switched out within 180 days from the date of allotment. Nil - if redeemed/switched out after 180 days from the date of allotment |
Nippon India Multi Cap vs The Wealth Company Multi Cap: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Nippon India Multi Cap Fund (Direct) | −3.06% | −7.39% | −5.16% | −8.14% | +11.87% | +14.92% | +14.86% |
| The Wealth Company Multi Cap Fund (Direct) | −2.86% | -- | -- | -- | -- | -- | -- |
| Multi Cap average | −2.65% | -- | -- | -- | -- | -- | -- |
Category average: the average of the 33 Multi Cap funds, same plan type.
Nippon India Multi Cap vs The Wealth Company Multi Cap: Year-wise Returns
| Year | Nippon IndiaNippon India Multi Cap | The Wealth CompanyThe Wealth Company Multi Cap | Nifty500 Multicap 50:25:25 TRI |
|---|---|---|---|
| 2026to date | −6.44% | -- | −5.56% |
| 2025 | +4.88% | -- | +5.29% |
| 2024 | +26.85% | -- | +19.34% |
| 2023 | +39.15% | -- | +33.74% |
| 2022 | +14.97% | -- | +2.84% |
| 2021 | +49.87% | -- | +40.62% |
Nippon India Multi Cap vs The Wealth Company Multi Cap: Rolling Returns
Every holding period of both funds, against Nifty500 Multicap 50:25:25 TRI, the benchmark of both
Nippon India Multi Cap vs The Wealth Company Multi Cap: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Nippon India Multi Cap Fund (Direct) | The Wealth Company Multi Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +14.98% | −37.67% |
| Standard deviation | 16.54% | 17.26% |
| Sharpe ratio | 0.54 | -2.50 |
| Sortino ratio | 0.73 | -3.01 |
| Maximum drawdown | −42.8% (23-03-2020) | −7.2% (23-10-2026) |
| Beta | -- | 1.00 |
| Alpha | -- | +1.42% |
From daily NAVs, 02-01-2013 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Nippon India Multi Cap Fund (Direct)
The Wealth Company Multi Cap Fund (Direct)
Nifty500 Multicap 50:25:25 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Nippon India Multi Cap Fund (Direct) | −8.0% | 23-09-2026 | 23-10-2026 | Not yet | -- | −6.5% |
| The Wealth Company Multi Cap Fund (Direct) | −7.2% | 21-09-2026 | 23-10-2026 | Not yet | -- | −4.9% |
| Nifty500 Multicap 50:25:25 TRI | −7.6% | 23-09-2026 | 23-10-2026 | Not yet | -- | −5.5% |
From daily values since 21-09-2026, the first day every fund has.
Nippon India Multi Cap vs The Wealth Company Multi Cap: Portfolio Overlap
From each fund's latest monthly portfolio: Nippon India Multi Cap Fund, September 2026; The Wealth Company Multi Cap Fund, September 2026
Holdings in common
- Overlap
- 23.9%
- Held by both
- 18
- Only in Nippon India Multi Cap
- 102
- Only in The Wealth Company Multi Cap
- 23
| Security | % of Nippon India Multi Cap | % of The Wealth Company Multi Cap |
|---|---|---|
| HDFC Bank Limited | 7.06% | 6.14% |
| Infosys Limited | 3.06% | 4.31% |
| Larsen & Toubro Limited | 1.74% | 2.71% |
| Swiggy Limited | 1.63% | 1.81% |
| GE Vernova T&D India Limited | 1.58% | 4.55% |
| Mahindra & Mahindra Limited | 1.35% | 2.56% |
| Tata Consultancy Services Limited | 0.99% | 2.96% |
| Voltas Limited | 0.96% | 2.32% |
| Balkrishna Industries Limited | 0.92% | 1.53% |
| Trent Limited | 0.82% | 0.95% |
| The Indian Hotels Company Limited | 0.79% | 3.57% |
| Crompton Greaves Consumer Electricals Limited | 0.74% | 2.71% |
| Dixon Technologies (India) Limited | 0.73% | 3.78% |
| Lupin Limited | 0.72% | 1.03% |
| Niva Bupa Health Insurance Company Limited | 0.71% | 2.16% |
| Syngene International Limited | 0.45% | 2.39% |
| Billionbrains Garage Ventures Ltd | 0.38% | 0.96% |
| Clean Science and Technology Limited | 0.21% | 1.93% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 23.9% means 23.9% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Nippon India Multi Cap Fund
| Security | % of fund |
|---|---|
| Axis Bank Limited | 5.07% |
| ICICI Bank Limited | 2.97% |
| Linde India Limited | 1.79% |
| NTPC Limited | 1.79% |
| Samvardhana Motherson International Limited | 1.70% |
Largest holdings only in The Wealth Company Multi Cap Fund
| Security | % of fund |
|---|---|
| Life Insurance Corporation Of India | 4.28% |
| Bajaj Auto Limited | 2.94% |
| Physicswallah Limited | 2.90% |
| Amber Enterprises India Limited | 2.89% |
| Endurance Technologies Limited | 2.88% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Nippon India Multi Cap | The Wealth Company Multi Cap |
|---|---|---|
| Equity | 99.3% | 95.8% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.7% | 4.2% |
Market cap of stocks
| Market cap | Nippon India Multi Cap | The Wealth Company Multi Cap |
|---|---|---|
| Large Cap | 43.5% | 35.0% |
| Mid Cap | 29.5% | 28.8% |
| Small Cap | 26.3% | 29.7% |
| Not on AMFI's list | 0.0% | 2.4% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | Nippon India Multi Cap | The Wealth Company Multi Cap |
|---|---|---|
| Banks | 17.6% | 6.1% |
| Consumer Durables | 6.9% | 12.6% |
| Retailing | 9.9% | 2.8% |
| IT - Software | 5.0% | 9.5% |
| Pharmaceuticals & Biotechnology | 7.9% | 5.0% |
| Automobiles | 1.8% | 7.7% |
| Auto Components | 3.2% | 6.7% |
| Insurance | 4.2% | 6.4% |
| Leisure Services | 5.8% | 4.7% |
| Electrical Equipment | 5.0% | 4.5% |
The six largest sectors of each fund's stocks, % of the fund.
Nippon India Multi Cap vs The Wealth Company Multi Cap: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Nippon India Multi Cap Fund | The Wealth Company Multi Cap Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.89% | 4.86% |
| Base expense ratio (Direct) | 0.60% | 0.40% |
| Total expense ratio (Regular) | 1.62% | 6.87% |
| Base expense ratio (Regular) | 1.23% | 2.10% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare Nippon India Multi Cap with
Nippon India Multi Cap Fund vs The Wealth Company Multi Cap Fund: Frequently Asked Questions
What is the difference between Nippon India Multi Cap Fund and The Wealth Company Multi Cap Fund?
Both are Multi Cap funds, run by Nippon India Mutual Fund and The Wealth Company Mutual Fund. Their portfolios overlap 23.9%. Nippon India Multi Cap Fund charges 0.89% a year and The Wealth Company Multi Cap Fund 4.86%.
Which has the lower expense ratio, Nippon India Multi Cap Fund or The Wealth Company Multi Cap Fund?
Nippon India Multi Cap Fund charges less: 0.89% a year against 4.86%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Nippon India Multi Cap Fund and The Wealth Company Multi Cap Fund overlap?
23.9%. They hold 18 of the same securities, the largest shared ones being HDFCBANK, INFY, LT. From each fund's latest monthly portfolio.
Which is riskier, Nippon India Multi Cap Fund or The Wealth Company Multi Cap Fund?
On SEBI's riskometer, Nippon India Multi Cap Fund is rated Very High and The Wealth Company Multi Cap Fund Very High. Over their common history, the standard deviation of daily returns was 16.54% and 17.26% a year.
Can I invest in both Nippon India Multi Cap Fund and The Wealth Company Multi Cap Fund?
Yes. 23.9% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Nippon India Multi Cap Fund and The Wealth Company Multi Cap Fund?
Nippon India Multi Cap Fund: Sailesh Raj Bhan, Yatin Matta. The Wealth Company Multi Cap Fund: Chinmay Sathe.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.