6 stocks that every top-rated multi-cap fund owns. Do you?

Summary: When five of India’s highest-rated multi-cap funds end up buying the same six stocks, there’s a high chance those companies are up to something constructive. We just didn’t stop there. We also looked at some of the interesting mid-cap and small-cap names that were found in at least four of the five top funds. You know that warm, fuzzy feeling when you find out you own the same stock as all the top fund managers? It’s a bit like discovering you’ve been humming the same tune as A. R. Rahman. It’s purely by accident, but you’ll take the bragging rights anyway. Because surely, they can’t all be wrong. Well, theoretically, they can, but you’d still sleep better knowing your portfolio shares DNA with the country’s top-rated multi-cap funds. But first, what exactly are multi-cap funds? Think of them as the buffet of the mutual fund world. They don’t discriminate between large, mid or small companies. By mandate, multi-cap funds must invest at least 25 per cent each in large-, mid- and small-cap stocks. That mix makes them a strong candidate for the core of a long-term portfolio. Meet the top-rated multi-cap funds Now that we know what multi-cap funds are, let’s look at the top-rated funds, as per Value Research Ratings (as of September 30, 2025, direct plans): Nippon India Multi Cap Fund: ★★★★★ (the highest-rated in the category) Axis Multicap Fund: ★★★★ HDFC Multi Cap Fund: ★★★★ ICICI Prudential Multicap Fund: ★★★★ Kotak Mahindra Multicap Fund: ★★★★ For those unaware, Value Research Ratings are based on long-term, risk-adjusted performance. They’re not fortune cookies, just a solid starting point to help you separate the serious performers from the hype. Interestingly, or rather expectedly, these five funds are among the top six performers of the last three years. (We are only looking at their three-year performance because this is a new category of mutual funds.) The top five performers line up like this: Fund Three-year annualised return Kotak Mahindra Multicap Fund 25.4% (Rank: 1) Axis Multicap Fund 24.6% (Rank: 2) Nippon India Multi Cap Fund 23.6% (Rank: 3) HDFC Multi Cap Fund 23.1% (Rank: 4)