Multi Cap Fund comparison
ICICI Prudential Multicap Fund vs Kotak Multi Cap Fund
Over the last 3 years, ICICI Prudential Multicap Fund returned 12.9% a year versus 14.0% for Kotak Multi Cap Fund. The category average was 10.5%. In its deepest fall over the same period, ICICI Prudential Multicap Fund dropped 6.1% versus 7.2% for Kotak Multi Cap Fund. Qonfido rates ICICI Prudential Multicap Fund Select and Kotak Multi Cap Fund Select within the Multi Cap Fund peer group.
Ratings and metrics as of
At a glance
Higher 3-year return
Kotak Multi Cap Fund
Smaller worst fall
ICICI Prudential Multicap Fund
Smoother ride (higher Sharpe)
About level
Head-to-head
Swap either fund or add a third to see how they line up.
ICICI Prudential Multicap
Multi Cap Fund
2/4
rounds won
Kotak Multi Cap
Multi Cap Fund
1/4
rounds won
Round by round
Three questions in one shape. A bigger triangle = stronger all round.
- ICICI Prudential Multicap
- Kotak Multi Cap
Growth
Who grew money faster?
Average yearly return over the last 3 years.
12.9%14.0%✓Dip protection
Who fell less in the worst dip?
Biggest fall from a peak in the period. Smaller hurts less.
-6.1%✓-7.2%Smooth ride
Who gave a smoother ride?
Return earned for every unit of ups and downs. Higher is smoother.
0.62✓0.61
Qonfido rating
Quality vs peers in the same category. Premier is the top tier.
Same tier
What matters most to you?
Quick take for “Balanced”
ICICI Prudential Multicap comes out ahead — it fell less in bad markets and gave a smoother ride for the return.
Based on the last 3 years of data. A starting point for research, not advice.
What could your money become?
If each fund repeated its last 3 years. Drag to try.
You’d put in ₹12.00 L. Kotak Multi Cap ends about ₹1.66 L ahead — that’s roughly 17 months of your SIP.
Illustration only. Past returns rarely repeat exactly.
Key numbers
| Metric | ICICI Prudential Multicap Fund | Kotak Multi Cap Fund |
|---|---|---|
| Qonfido rating | Select | Select |
| 3Y return (CAGR) | 12.9% | 14.0% |
| Worst fall (max drawdown) | 6.1% | 7.2% |
| Sharpe ratio (3Y) | 0.62 | 0.61 |
| Beta (3Y) | 0.91 | 1.04 |
| Fund size (AUM) | ₹13,377 Cr | ₹21,340 Cr |
| Category average 3Y return | 10.5% | |
Frequently asked questions
Which is better, ICICI Prudential Multicap Fund or Kotak Multi Cap Fund?
Neither fund is better for every investor. Based on data as of 11 Oct 2026. Over the last 3 years, ICICI Prudential Multicap Fund returned 12.9% a year versus 14.0% for Kotak Multi Cap Fund. The category average was 10.5%. In its deepest fall over the same period, ICICI Prudential Multicap Fund dropped 6.1% versus 7.2% for Kotak Multi Cap Fund. Qonfido rates ICICI Prudential Multicap Fund Select and Kotak Multi Cap Fund Select within the Multi Cap Fund peer group. Which fits depends on your goal, time horizon and comfort with falls. This comparison is educational research support, not personalised investment advice. Past performance does not indicate future returns.
Which has given higher returns, ICICI Prudential Multicap Fund or Kotak Multi Cap Fund?
Based on data as of 11 Oct 2026. Over the last 3 years, ICICI Prudential Multicap Fund returned 12.9% a year versus 14.0% for Kotak Multi Cap Fund. The category average was 10.5%. This comparison is educational research support, not personalised investment advice. Past performance does not indicate future returns.
Which is less risky, ICICI Prudential Multicap Fund or Kotak Multi Cap Fund?
Based on data as of 11 Oct 2026. In its deepest fall over the same period, ICICI Prudential Multicap Fund dropped 6.1% versus 7.2% for Kotak Multi Cap Fund. Sharpe ratio, a measure of return per unit of volatility, was 0.62 for ICICI Prudential Multicap Fund and 0.61 for Kotak Multi Cap Fund. Lower falls and a higher Sharpe ratio point to a smoother past ride, not a guarantee.
What is the Qonfido rating of ICICI Prudential Multicap Fund and Kotak Multi Cap Fund?
Qonfido rates ICICI Prudential Multicap Fund Select and Kotak Multi Cap Fund Select within the Multi Cap Fund peer group. Ratings compare funds with their category peers on risk-adjusted consistency and are explained on the Qonfido rating methodology page.
Should I invest in both ICICI Prudential Multicap Fund and Kotak Multi Cap Fund?
Both funds sit in the Multi Cap Fund category, so their portfolios can overlap and holding both may add limited diversification. Review holdings overlap, costs and your overall allocation before combining them. This comparison is educational research support, not personalised investment advice. Past performance does not indicate future returns.
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Comparisons are educational research support only. They are not personalised investment advice, suitability assessments, or predictions of returns. Mutual fund investments are subject to market risks. Read scheme documents and consider your goals, horizon, and risk tolerance before investing.

