Nippon India Multi Cap Fund vs SBI Contra Fund
Side-by-side comparison of returns, risk, expenses, holdings and performance. AI-powered insights included.
3Y Return
19.38%
3Y Return
16.36%
Today, we are comparing two popular multi-cap funds in India - Nippon India Multi Cap Fund Direct Plan Growth and SBI Contra Fund Direct Plan Growth. Dekho, these funds have their own strengths and weaknesses. In this article, we will help you understand which fund is better for long-term wealth creation and which one is more suitable for a monthly SIP. Chaliye, let's dive in!
| Parameter | ANippon India Multi Cap Fund - Direct Plan - Growth | BSBI Contra Fund - Direct Plan - Growth |
|---|---|---|
| Fund House | Nippon India | SBI Mutual Fund |
| Category | Multi Cap | Multi Cap |
| NAV (₹) | 327.56 | 408.51 |
| AUM (₹ Cr) | 5.26 Lac Cr | 4.74 Lac Cr |
| Expense Ratio (%) | 0.84% | 0.72% |
| Riskometer | Very High | Very High |
| Volatility | 14.38 | 13.7 |
| Sharpe Ratio | 0.9 | 0.72 |
| 1 Year Return (%) | 1.81% | -1.21% |
| 3 Year Return (%) | 19.38% | 16.36% |
| 5 Year Return (%) | 20.94% | 18.26% |
| Since Launch (%) | 15.99% | 15.48% |
| Min SIP (₹) | 500 | 500 |
| Min Lumpsum (₹) | 1000 | 1000 |
| Launch Date | 2 January 2013 | 2 January 2013 |
| Exit Load | Nil | Nil |
| Fund Manager | Amber Singhania; Kinjal Desai; Sailesh Raj Bhan (13.4 years yrs) | Dinesh Balachandran; Pradeep Kesavan (8.1 years yrs) |
| Benchmark | Nifty 500 Multicap 50:25:25 TRI | Nifty 500 Multicap 50:25:25 TRI |
| Top 3 Holdings | HDFC Bank Ltd. (6.16%), ICICI Bank Ltd. (4.1%), Axis Bank Ltd. (3.41%) | HDFC Bank Ltd. (6.59%), Reliance Industries Ltd. (5.35%), Biocon Ltd. (3.04%) |
| Asset Allocation | Equity: 99.5% | Equity: 81.12% | T-Bills: 2.35% | Forgn. Eq: 2.19% | Debenture: 1.92% | CD: 1.05% | REITs: 0.94% | Call Option: -0.03% | Futures: -0.16% |
| Portfolio Turnover | 89% | 130% |
🤖 AI Verdict – Which is Better?
After careful analysis, we think Nippon India Multi Cap Fund Direct Plan Growth is the winner for long-term wealth creation. Haan, its 5-year return of 20.94% is higher than SBI Contra Fund's 18.26%. Lekin, both funds have a very high riskometer rating, so investors should be cautious. Sach ye hai, Nippon India Multi Cap Fund Direct Plan Growth also has a lower expense ratio of 0.84% compared to SBI Contra Fund's 0.72%. So, if you're looking for a fund that offers better returns with lower costs, Nippon India Multi Cap Fund Direct Plan Growth is the better choice.
Why consider Nippon India Multi Cap Fund?
- Expense ratio: 0.84%
- 3Y return: 19.38%
- AUM: 5.26 Lac Cr
- Sharpe Ratio: 0.9
Why consider SBI Contra Fund?
- Expense ratio: 0.72%
- 3Y return: 16.36%
- AUM: 4.74 Lac Cr
- Sharpe Ratio: 0.72
📈 SIP Suitability
For a monthly SIP of 10 years or more, we recommend Nippon India Multi Cap Fund Direct Plan Growth. Chaliye, let's compare the consistency and return stability of both funds. Nippon India Multi Cap Fund Direct Plan Growth has a 5-year return of 20.94%, while SBI Contra Fund Direct Plan Growth has a 5-year return of 18.26%. Dekho, the consistency of returns is higher for Nippon India Multi Cap Fund Direct Plan Growth, making it a better choice for a long-term SIP.
⚠️ Risk & Cost Analysis
Now, let's compare the risk and cost of both funds. Riskometer rating is the same for both funds (Very High), but Nippon India Multi Cap Fund Direct Plan Growth has a higher volatility of 14.38 compared to SBI Contra Fund Direct Plan Growth's 13.7. Lekin, its Sharpe ratio is higher at 0.9 compared to SBI Contra Fund Direct Plan Growth's 0.72. Haan, Nippon India Multi Cap Fund Direct Plan Growth also has a higher expense ratio of 0.84% compared to SBI Contra Fund Direct Plan Growth's 0.72%. So, while Nippon India Multi Cap Fund Direct Plan Growth offers better risk-adjusted returns, its higher expense ratio is a concern.
📊 Portfolio Diversification
Let's compare the asset allocation and top holdings concentration of both funds. Nippon India Multi Cap Fund Direct Plan Growth has a high equity allocation of 99.5%, while SBI Contra Fund Direct Plan Growth has a more diversified portfolio with 81.12% equity, 2.35% T-Bills, and other assets. Dekho, the top holdings of both funds are similar, with HDFC Bank Ltd. being the top holding in both funds. Lekin, Axis Bank Ltd. is the third holding in Nippon India Multi Cap Fund Direct Plan Growth, while Biocon Ltd. is the third holding in SBI Contra Fund Direct Plan Growth.
SIP Calculator – Compare Growth Potential
Nippon India Multi Cap Fund
₹1836667.31
@19.4% annual return (3Y)
SBI Contra Fund
₹1516047.14
@16.4% annual return (3Y)
*Projected returns are illustrative based on historical 3‑year returns. Past performance does not guarantee future returns.
❓ Frequently Asked Questions (Comparison)
Q1: Which fund gives better returns in the long run?
Nippon India Multi Cap Fund Direct Plan Growth gives better returns in the long run, with a 5-year return of 20.94% compared to SBI Contra Fund Direct Plan Growth's 18.26%.
Q2: Is the higher risk fund worth it?
No, the higher risk fund (Nippon India Multi Cap Fund Direct Plan Growth) is not worth it if you cannot tolerate higher volatility. Its Sharpe ratio is higher, but its higher expense ratio and volatility make it a riskier choice.
Q3: Which fund is more cost-effective?
SBI Contra Fund Direct Plan Growth is more cost-effective, with an expense ratio of 0.72% compared to Nippon India Multi Cap Fund Direct Plan Growth's 0.84%.
Mahendra Maurya
6+ Years in Banking, Wealth Management & Financial ServicesFounder & Author of ShareTargetPrice.in. 6+ years in Banking, Wealth Management & Financial Services.
📊 Author & Founder at Share Target Price