Year-ender 2024: Top 13 multicap mutual funds deliver over 25% returns in 2024; Axis Multicap Fund leads the pack

ETMutualFunds analyzed the performance of multicap funds against their benchmarks. Out of 23 funds, 18 outperformed their respective benchmarks, achieving a 78% outperformance rate in 2024. This means only five multicap funds fell short of their benchmarks. All funds were benchmarked against the Nifty500 Multicap 50:25:25 - TRI, which delivered a 22.62% return in 2024.