COMPARE
ICICI Prudential Multi Cap Fund - Direct Plan - Growth vs ITI Multi Cap Fund - Direct Plan - Growth Option
ICICI Prudential Multi Cap Fund and ITI Multi Cap Fund are both in the Multi Cap Fund category, from ICICI Prudential Asset Management Company Limited and ITI Asset Management Limited respectively. ITI Multi Cap Fund has posted a higher 3-year rolling CAGR. ITI Multi Cap Fund has the lower expense ratio. See the full table and FAQ below for the complete real-data comparison.
Basics
ITI Multi Cap Fund has the lower direct-plan expense ratio, by 0.16 percentage points.
| ICICI Prudential Multi Cap Fund - Direct Plan - Growth | ITI Multi Cap Fund - Direct Plan - Growth Option | |
|---|---|---|
| Category | Multi Cap Fund | Multi Cap Fund |
| AMC | ICICI Prudential Asset Management Company Limited | ITI Asset Management Limited |
| Benchmark | Nifty500 Multicap 50:25:25 TRI | Nifty500 Multicap 50:25:25 TRI |
| NAV | ₹884.65 (2026-10-28) | ₹28.6776 (2026-10-28) |
| AUM | ₹17,839.744 Cr | ₹1,457.53 Cr |
| Expense Ratio (Direct) | 1.03% | 0.87% |
| Inception | 1994-09-01 | 2019-04-25 |
Returns
ITI Multi Cap Fund leads on 3-year rolling CAGR (20.7% vs ICICI Prudential Multi Cap Fund's 17.5%) - see the FAQ below for percentile context within each fund's own category.
Risk Metrics
ITI Multi Cap Fund has been the more volatile of the two by standard deviation.
| ICICI Prudential Multi Cap Fund - Direct Plan - Growth | ITI Multi Cap Fund - Direct Plan - Growth Option | |
|---|---|---|
| 3Y Sharpe Ratio | 0.28 | 0.41 |
| 3Y Alpha | 1.9013% | 4.1604% |
| 3Y Std Deviation | 14.3247% | 16.0937% |
| 3Y Calmar Ratio | 0.65 | 0.59 |
Portfolio Analytics
ITI Multi Cap Fund carries the higher portfolio P/E ratio (a rougher proxy for how richly the underlying holdings are valued) - see the table below for the full comparison.
| ICICI Prudential Multi Cap Fund - Direct Plan - Growth | ITI Multi Cap Fund - Direct Plan - Growth Option | |
|---|---|---|
| P/E Ratio | 27.6364 | 32.743 |
| P/B Ratio | 3.3763 | 5.13 |
| Dividend Yield | 0.8614% | 0.5958% |
| Active Share | 75.46% | 66.88% |
| Portfolio Turnover | - | 73% |
| YTM | - | - |
| Duration (Macaulay) | - | - |
Punji Fund Health Score
ITI Multi Cap Fund has the stronger Punji Quality grade of the two.
Frequently asked questions
Which has a higher 3-year return, ICICI Prudential Multi Cap Fund or ITI Multi Cap Fund?
ITI Multi Cap Fund's 3-year rolling CAGR of 20.7% is higher than ICICI Prudential Multi Cap Fund's 17.5%. ITI Multi Cap Fund sits in the 68th percentile of its category on this metric, versus the 41st percentile for ICICI Prudential Multi Cap Fund - though note both funds may belong to different categories with different medians, so a raw CAGR comparison doesn't account for how each fund performed relative to its own peers. A higher historical return also doesn't necessarily mean lower risk; check the risk metrics below before concluding either fund is the "better" choice.
Which has a lower expense ratio, ICICI Prudential Multi Cap Fund or ITI Multi Cap Fund?
ITI Multi Cap Fund's direct-plan expense ratio is 0.16 percentage points lower than ICICI Prudential Multi Cap Fund's. Over long holding periods, a persistent expense-ratio gap compounds into a materially different final corpus even if the two funds' gross returns are similar - it's one of the few fund attributes you can compare with total certainty upfront, unlike future returns, since the fee is contractually fixed rather than a historical estimate.
Which fund carries more risk, ICICI Prudential Multi Cap Fund or ITI Multi Cap Fund?
By standard deviation (a measure of how much a fund's returns swing around its own average), ITI Multi Cap Fund has been more volatile than ICICI Prudential Multi Cap Fund over the trailing window. Standard deviation captures total volatility in both directions - up and down - so a higher figure means bigger swings generally, not necessarily bigger losses specifically. Sharpe ratio (0.28 for ICICI Prudential Multi Cap Fund vs 0.41 for ITI Multi Cap Fund) is a better single measure of risk-adjusted return, since it weighs the return earned per unit of volatility taken rather than volatility alone.
Which has higher AUM, ICICI Prudential Multi Cap Fund or ITI Multi Cap Fund?
ICICI Prudential Multi Cap Fund has ₹17,840 Cr in assets under management, versus ₹1,458 Cr for ITI Multi Cap Fund. A larger AUM generally means deeper liquidity and lower per-unit fixed costs for the AMC to spread across investors, but an AUM that's very large relative to a fund's category and strategy (especially in small/mid cap categories, where the investable universe is smaller) can also make it harder for a manager to enter and exit positions without moving the price - bigger isn't automatically better, especially for less liquid categories.
Which fund has a longer track record, ICICI Prudential Multi Cap Fund or ITI Multi Cap Fund?
ICICI Prudential Multi Cap Fund launched on 1994-09-01, making it older than ITI Multi Cap Fund (launched 2019-04-25). A longer track record means more real market cycles (bull runs, corrections, rate cycles) the fund has actually navigated, which is useful context for judging consistency - but it isn't a guarantee of future performance, and a newer fund isn't automatically worse, especially if it's run by an experienced manager or team with a track record at a prior fund.
Data as of 2026-10-29. Source: AMFI disclosures via Punji. Not investment advice.