COMPARE
LIC MF Multi Cap Fund-Direct Plan-Growth vs Trustmf Multi Cap Fund -direct Plan-growth
LIC MF Multi Cap Fund- and Trustmf Multi Cap Fund - are both in the Multi Cap Fund category, from LIC Mutual Fund Asset Management Limited and Trust Asset Management Private Limited respectively. LIC MF Multi Cap Fund- has the lower expense ratio. See the full table and FAQ below for the complete real-data comparison.
Basics
LIC MF Multi Cap Fund- has the lower direct-plan expense ratio, by 1.03 percentage points.
| LIC MF Multi Cap Fund-Direct Plan-Growth | Trustmf Multi Cap Fund -direct Plan-growth | |
|---|---|---|
| Category | Multi Cap Fund | Multi Cap Fund |
| AMC | LIC Mutual Fund Asset Management Limited | Trust Asset Management Private Limited |
| Benchmark | Nifty500 Multicap 50:25:25 TRI | Nifty500 Multicap 50:25:25 TRI |
| NAV | ₹18.6482 (2026-10-28) | ₹11.46 (2026-10-28) |
| AUM | ₹2,148.96 Cr | ₹936.89 Cr |
| Expense Ratio (Direct) | 0.78% | 1.81% |
| Inception | 2022-10-06 | 2025-06-30 |
Returns
Risk Metrics
This fund is less than three years old, so a three-year risk history does not exist yet.
| LIC MF Multi Cap Fund-Direct Plan-Growth | Trustmf Multi Cap Fund -direct Plan-growth | |
|---|---|---|
| 3Y Sharpe Ratio | 0.49 | N/A |
| 3Y Alpha | 5.4636% | N/A |
| 3Y Std Deviation | 16.1231% | N/A |
| 3Y Calmar Ratio | 0.77 | N/A |
Portfolio Analytics
Trustmf 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.
| LIC MF Multi Cap Fund-Direct Plan-Growth | Trustmf Multi Cap Fund -direct Plan-growth | |
|---|---|---|
| P/E Ratio | 32.2882 | 36.8653 |
| P/B Ratio | - | - |
| Dividend Yield | 0.6489% | 0.4836% |
| Active Share | 76.88% | 76.06% |
| Portfolio Turnover | - | 261% |
| YTM | - | - |
| Duration (Macaulay) | - | - |
Punji Fund Health Score
Trustmf Multi Cap Fund - has the stronger Punji Quality grade of the two.
Frequently asked questions
Which has a lower expense ratio, LIC MF Multi Cap Fund- or Trustmf Multi Cap Fund -?
LIC MF Multi Cap Fund-'s direct-plan expense ratio is 1.03 percentage points lower than Trustmf 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.
Why don't LIC MF Multi Cap Fund- and Trustmf Multi Cap Fund - show risk metrics like Sharpe ratio or alpha?
This fund is less than three years old, so a three-year risk history does not exist yet. This is a deliberate methodology choice, not missing data - risk metrics like alpha and Sharpe ratio are most meaningful for actively-managed funds where a manager makes decisions that can add or subtract value versus a benchmark. For a fund that mechanically tracks an index, the equivalent useful metric is tracking error (how closely it follows its index), not alpha.
Which has higher AUM, LIC MF Multi Cap Fund- or Trustmf Multi Cap Fund -?
LIC MF Multi Cap Fund- has ₹2,149 Cr in assets under management, versus ₹937 Cr for Trustmf 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, LIC MF Multi Cap Fund- or Trustmf Multi Cap Fund -?
LIC MF Multi Cap Fund- launched on 2022-10-06, making it older than Trustmf Multi Cap Fund - (launched 2025-06-30). 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.