Because the leads are stored inside the cover.
It has no capacitor setting. If you need to test/check them. Auto ranging is handy.
This one is very portable but the standard probe tips are wanting, very short.
I have both. The latter has a duty cycle setting if one is into fuel injection.
I also bought one of these from Amorn as it has capacitor settings. But the leads are the tangle variety.
I have a Fluke 747? as it has a 4-20mA range.