Multi cap funds are all rounder in mutual funds ,in Multi cap funds the fund manger has flexibility to invest seamlessly in large cap, small cap and mid cap companies ,this flexibility allow fund manager to aim for better returns at lower risk.
Kotak Standard Multicap Fund is most popular and biggest fund in multi cap category , the fund was started in 2009.The Kotak Standard Multi-cap Fund has a high asset allocation towards the financial sector where it has deployed over 36% of its assets. Energy and Information Technology are the next preferred sectors for this fund with 12% and 8% allocation.