HDFC Multi - Asset Fund Direct Growth
HybridMulti Asset AllocationHigh Risk
Direct
NAV (19-Sep-24)
₹75.440.01%1D
Returns (Since Inception)
12.42%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹3,525 Cr
Expense Ratio
0.76%
ISIN
INF179K01XW8
Minimum SIP
₹100
Exit Load
1.00%
Inception Date
01 Jan 2013
About this fund
HDFC Multi - Asset Fund Direct Growth is a Multi Asset Allocation mutual fund schemes offered by HDFC Mutual Fund. This fund has been in existence for 11 years, 8 months and 19 days, having been launched on 01-Jan-13.
As of 19-Sep-24, it has a Net Asset Value (NAV) of ₹75.44, Assets Under Management (AUM) of 3524.55 Crores, and an expense ratio of 0.76%.
As of 19-Sep-24, it has a Net Asset Value (NAV) of ₹75.44, Assets Under Management (AUM) of 3524.55 Crores, and an expense ratio of 0.76%.
- HDFC Multi - Asset Fund Direct Growth has given a CAGR return of 12.42% since inception.
- The fund's asset allocation comprises around 47.88% in equities, 14.65% in debts, and 26.91% in cash & cash equivalents.
- You can start investing in HDFC Multi - Asset Fund Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹100.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+24.50%
— (Cat Avg.)
3 Years
+14.68%
— (Cat Avg.)
5 Years
+18.55%
— (Cat Avg.)
10 Years
+12.13%
— (Cat Avg.)
Since Inception
+12.42%
— (Cat Avg.)
Portfolio Summaryas of 31st August 2024
| Equity | ₹1,687.43 Cr | 47.88% |
| Debt | ₹516.49 Cr | 14.65% |
| Others | ₹1,320.63 Cr | 37.47% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Cash Offset For Derivatives | Cash - General Offset | ₹682 Cr | 19.35% |
| HDFC Gold ETF | Mutual Fund - ETF | ₹378.86 Cr | 10.75% |
| Treps - Tri-Party Repo | Cash - Repurchase Agreement | ₹241.63 Cr | 6.86% |
| HDFC Bank Ltd | Equity | ₹195.05 Cr | 5.53% |
| Axis Bank Ltd | Equity | ₹163.51 Cr | 4.64% |
| ICICI Bank Ltd | Equity | ₹155.97 Cr | 4.43% |
| Mahindra & Mahindra Ltd | Equity | ₹115.29 Cr | 3.27% |
| Future on Axis Bank Ltd | Equity - Future | ₹-111.38 Cr | 3.16% |
| United Spirits Ltd | Equity | ₹107.72 Cr | 3.06% |
| Future on Mahindra & Mahindra Ltd | Equity - Future | ₹-90.58 Cr | 2.57% |
| Future on United Spirits Ltd | Equity - Future | ₹-78.6 Cr | 2.23% |
| Infosys Ltd | Equity | ₹73.55 Cr | 2.09% |
| State Bank of India | Equity | ₹72.96 Cr | 2.07% |
| Bharti Airtel Ltd | Equity | ₹71.51 Cr | 2.03% |
| 7.18% Govt Stock 2033 | Bond - Gov't/Treasury | ₹70.3 Cr | 1.99% |
| Future on HDFC Bank Ltd | Equity - Future | ₹-64.5 Cr | 1.83% |
| Maruti Suzuki India Ltd | Equity | ₹60.71 Cr | 1.72% |
| Future on Hindustan Unilever Ltd | Equity - Future | ₹-57.8 Cr | 1.64% |
| Hindustan Unilever Ltd | Equity | ₹57.5 Cr | 1.63% |
| Larsen & Toubro Ltd | Equity | ₹50.88 Cr | 1.44% |
| Embassy Office Parks Reit | Bond - Asset Backed | ₹48.37 Cr | 1.37% |
| Tata Motors Ltd | Equity | ₹46.78 Cr | 1.33% |
| Tata Consultancy Services Ltd | Equity | ₹45.54 Cr | 1.29% |
| Future on ICICI Bank Ltd | Equity - Future | ₹-45.47 Cr | 1.29% |
| Reliance Industries Ltd | Equity | ₹45.29 Cr | 1.28% |
| ITC Ltd | Equity | ₹40.15 Cr | 1.14% |
| Kotak Mahindra Bank Ltd | Equity | ₹40.07 Cr | 1.14% |
| Hdb Financial Services Limited | Bond - Corporate Bond | ₹39.39 Cr | 1.12% |
| HCL Technologies Ltd | Equity | ₹38.57 Cr | 1.09% |
| NTPC Ltd | Equity | ₹37.46 Cr | 1.06% |
| 7.1% Govt Stock 2029 | Bond - Gov't/Treasury | ₹35.42 Cr | 1.01% |
| Future on Titan Co Ltd | Equity - Future | ₹-34.89 Cr | 0.99% |
| Titan Co Ltd | Equity | ₹34.56 Cr | 0.98% |
| Cipla Ltd | Equity | ₹33.1 Cr | 0.94% |
| Bajaj Auto Ltd | Equity | ₹32.67 Cr | 0.93% |
| Future on Tech Mahindra Ltd | Equity - Future | ₹-29.96 Cr | 0.85% |
| Tech Mahindra Ltd | Equity | ₹29.85 Cr | 0.85% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹29.78 Cr | 0.85% |
| SBI Life Insurance Co Ltd | Equity | ₹27.75 Cr | 0.79% |
| Future on Tata Motors Ltd | Equity - Future | ₹-26.79 Cr | 0.76% |
| Brookfield India Real Estate Trust | Equity - REIT | ₹26.62 Cr | 0.76% |
| ICICI Lombard General Insurance Co Ltd | Equity | ₹25.7 Cr | 0.73% |
| 7.27% Govt Stock 2026 | Bond - Gov't/Treasury | ₹25.19 Cr | 0.71% |
| Bharat Petroleum Corp Ltd | Equity | ₹25.04 Cr | 0.71% |
| Smfg India Credit Company Limited | Bond - Corporate Bond | ₹24.96 Cr | 0.71% |
| Godrej Consumer Products Ltd | Equity | ₹24.51 Cr | 0.70% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹24.38 Cr | 0.69% |
| Future on Maruti Suzuki India Ltd | Equity - Future | ₹-23.61 Cr | 0.67% |
| Dr Reddy's Laboratories Ltd | Equity | ₹23.56 Cr | 0.67% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹23.4 Cr | 0.66% |
| Oil & Natural Gas Corp Ltd | Equity | ₹23.15 Cr | 0.66% |
| Hindalco Industries Ltd | Equity | ₹22.54 Cr | 0.64% |
| Lupin Ltd | Equity | ₹22.4 Cr | 0.64% |
| City Union Bank Ltd | Equity | ₹22.19 Cr | 0.63% |
| Power Grid Corp Of India Ltd | Equity | ₹22.04 Cr | 0.63% |
| IndusInd Bank Ltd | Equity | ₹21.38 Cr | 0.61% |
| Cholamandalam Investment & Finance Co Ltd. | Bond - Corporate Bond | ₹20.09 Cr | 0.57% |
| Future on State Bank of India | Equity - Future | ₹-20.09 Cr | 0.57% |
| India (Republic of) | Bond - Gov't/Treasury | ₹19.8 Cr | 0.56% |
| Whirlpool of India Ltd | Equity | ₹19.65 Cr | 0.56% |
| Suprajit Engineering Ltd | Equity | ₹18.16 Cr | 0.52% |
| Torrent Pharmaceuticals Ltd | Equity | ₹18.12 Cr | 0.51% |
| Greenply Industries Ltd | Equity | ₹18.03 Cr | 0.51% |
| Ipca Laboratories Ltd | Equity | ₹18 Cr | 0.51% |
| Balrampur Chini Mills Ltd | Equity | ₹17.96 Cr | 0.51% |
| Future on Asian Paints Ltd | Equity - Future | ₹-17.62 Cr | 0.50% |
| CIE Automotive India Ltd | Equity | ₹17.53 Cr | 0.50% |
| Asian Paints Ltd | Equity | ₹17.45 Cr | 0.50% |
| Wipro Ltd | Equity | ₹16.15 Cr | 0.46% |
| 0% GOI - 171220267STRIPS | Bond - Gov't/Treasury | ₹15.96 Cr | 0.45% |
| Mahindra & Mahindra Financial Services Ltd | Equity | ₹15.72 Cr | 0.45% |
| Star Health and Allied Insurance Co Ltd | Equity | ₹15.72 Cr | 0.45% |
| Chhattisgarh (Government of) 7.65% | Bond - Sub-sovereign Government Debt | ₹15.37 Cr | 0.44% |
| 7.1% Govt Stock 2034 | Bond - Gov't/Treasury | ₹15.25 Cr | 0.43% |
| Apollo Hospitals Enterprise Ltd | Equity | ₹15.24 Cr | 0.43% |
| 7.38% Govt Stock 2027 | Bond - Gov't/Treasury | ₹15.24 Cr | 0.43% |
| 7.17% Govt Stock 2030 | Bond - Gov't/Treasury | ₹15.23 Cr | 0.43% |
| Adani Ports & Special Economic Zone Ltd | Equity | ₹15.23 Cr | 0.43% |
| 8% Govt Stock 2034 | Bond - Gov't/Treasury | ₹15.17 Cr | 0.43% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹15.16 Cr | 0.43% |
| Future on Adani Ports & Special Economic Zone Ltd | Equity - Future | ₹-15.16 Cr | 0.43% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹15.13 Cr | 0.43% |
| LIC Housing Finance Limited | Bond - Corporate Bond | ₹15.07 Cr | 0.43% |
| Bajaj Housing Finance Limited | Bond - Corporate Bond | ₹14.97 Cr | 0.42% |
| Eicher Motors Ltd | Equity | ₹14.88 Cr | 0.42% |
| Gland Pharma Ltd | Equity | ₹14.71 Cr | 0.42% |
| Paradeep Phosphates Ltd | Equity | ₹14.16 Cr | 0.40% |
| Future on Larsen & Toubro Ltd | Equity - Future | ₹-14.1 Cr | 0.40% |
| Rolex Rings Ltd | Equity | ₹13.48 Cr | 0.38% |
| Bayer CropScience Ltd | Equity | ₹13.46 Cr | 0.38% |
| Great Eastern Shipping Co Ltd | Equity | ₹13.32 Cr | 0.38% |
| Net Current Assets | Cash | ₹13.13 Cr | 0.37% |
| Delhivery Ltd | Equity | ₹13.08 Cr | 0.37% |
| Sonata Software Ltd | Equity | ₹12.65 Cr | 0.36% |
| Transport Corp of India Ltd | Equity | ₹12.39 Cr | 0.35% |
| Future on JSW Steel Ltd | Equity - Future | ₹-12.34 Cr | 0.35% |
| Tata Steel Ltd | Equity | ₹12.22 Cr | 0.35% |
| JSW Steel Ltd | Equity | ₹12.2 Cr | 0.35% |
| Gateway Distriparks Ltd | Equity | ₹12 Cr | 0.34% |
| Bharat Electronics Ltd | Equity | ₹11.97 Cr | 0.34% |
| Oracle Financial Services Software Ltd | Equity | ₹10.99 Cr | 0.31% |
| G R Infraprojects Ltd | Equity | ₹10.71 Cr | 0.30% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹10.42 Cr | 0.30% |
| 7.06% Govt Stock 2028 | Bond - Gov't/Treasury | ₹10.09 Cr | 0.29% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹10.06 Cr | 0.29% |
| Chemplast Sanmar Ltd | Equity | ₹10.05 Cr | 0.29% |
| Future on Infosystems SA | Equity - Future | ₹-9.52 Cr | 0.27% |
| Nexus Select Trust Reits | Equity - REIT | ₹9.38 Cr | 0.27% |
| Bajaj Finance Ltd | Equity | ₹9.18 Cr | 0.26% |
| Future on Bajaj Finance Ltd | Equity - Future | ₹-9.16 Cr | 0.26% |
| Future on Biocon Ltd | Equity - Future | ₹-9.16 Cr | 0.26% |
| Biocon Ltd | Equity | ₹9.07 Cr | 0.26% |
| Sanofi India Ltd | Equity | ₹8.17 Cr | 0.23% |
| UTI Asset Management Co Ltd | Equity | ₹8.03 Cr | 0.23% |
| Pipeline Infrastructure Ltd. | Bond - Corporate Bond | ₹6.05 Cr | 0.17% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹5.03 Cr | 0.14% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹5 Cr | 0.14% |
| Bank Of Baroda | Bond - Corporate Bond | ₹4.99 Cr | 0.14% |
| Future on Hindalco Industries Ltd | Equity - Future | ₹-4.93 Cr | 0.14% |
| 6.54% Govt Stock 2032 | Bond - Gov't/Treasury | ₹4.91 Cr | 0.14% |
| Sanofi Consumer He | Equity | ₹4.53 Cr | 0.13% |
| POWERGRID Infrastructure Investment Trust Units | Equity | ₹4.03 Cr | 0.11% |
| HDFC Life Insurance Co Ltd | Equity | ₹2.52 Cr | 0.07% |
| Future on Godrej Consumer Products Ltd | Equity - Future | ₹-2.47 Cr | 0.07% |
| Future on HDFC Life Insurance Co Ltd | Equity - Future | ₹-2.47 Cr | 0.07% |
| 5.63% Govt Stock 2026 | Bond - Gov't/Treasury | ₹2.46 Cr | 0.07% |
| 7.18% Govt Stock 2037 | Bond - Gov't/Treasury | ₹2.05 Cr | 0.06% |
| Future on Ambuja Cements Ltd | Equity - Future | ₹-0.7 Cr | 0.02% |
| Future on Sun Pharmaceuticals Industries Ltd | Equity - Future | ₹-0.7 Cr | 0.02% |
| Ambuja Cements Ltd | Equity | ₹0.56 Cr | 0.02% |
Allocation By Market Cap (Equity)
Large Cap Stocks
39.24%
Mid Cap Stocks
3.84%
Small Cap Stocks
6.77%
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹775.74 Cr | 22.01% |
| Consumer Cyclical | ₹360.23 Cr | 10.22% |
| Consumer Defensive | ₹247.85 Cr | 7.03% |
| Technology | ₹227.3 Cr | 6.45% |
| Healthcare | ₹192.15 Cr | 5.45% |
| Industrials | ₹176.47 Cr | 5.01% |
| Basic Materials | ₹120.66 Cr | 3.42% |
| Energy | ₹93.48 Cr | 2.65% |
| Communication Services | ₹71.51 Cr | 2.03% |
| Utilities | ₹59.5 Cr | 1.69% |
Risk & Performance Ratios
Standard Deviation
This fund
6.16%
Cat. avg.
--
Lower the better
Sharpe Ratio
This fund
1.38
Cat. avg.
--
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
--
Higher the better
Fund Managers
AB
Anil Bamboli
Since August 2005
AA
Arun Agarwal
Since August 2020
SR
Srinivasan Ramamurthy
Since January 2022
BK
Bhagyesh Kagalkar
Since February 2022
NM
Nirman Morakhia
Since February 2023
DM
Dhruv Muchhal
Since June 2023
Additional Scheme Detailsas of 31st August 2024
ISIN | INF179K01XW8 | Expense Ratio | 0.76% | Exit Load | 1.00% | Fund Size | ₹3,525 Cr | Age | 01 Jan 2013 | Lumpsum Minimum | ₹100 | Fund Status | Open Ended Investment Company | Benchmark | Domestic Price of Gold |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
- If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
- If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
- Holding the units: No tax is applicable as long as you continue to hold the units.
Dividend Taxation:
Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Multi Asset Allocation Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Aditya Birla Sun Life Multi Asset Allocation Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹3582.33 Cr | 25.7% |
| Aditya Birla Sun Life Multi Asset Allocation Fund Direct Growth Very High Risk | 0.5% | 1.0% | ₹3582.33 Cr | 27.7% |
| Nippon India Multi Asset fund Direct Growth Very High Risk | 0.3% | 1.0% | ₹4095.21 Cr | 33.1% |
| Nippon India Multi Asset fund Regular Growth Very High Risk | 1.5% | 1.0% | ₹4095.21 Cr | 31.4% |
| SBI Multi Asset Allocation Fund Regular Growth High Risk | 1.5% | 1.0% | ₹6063.78 Cr | 24.5% |
| Quant Multi Asset Fund Regular Growth High Risk | 1.9% | 1.0% | ₹2725.25 Cr | 47.4% |
| UTI Multi Asset Fund Regular Growth High Risk | 1.9% | 1.0% | ₹3459.61 Cr | 38.4% |
| ICICI Prudential Multi-Asset Fund Regular Growth Very High Risk | 1.5% | 1.0% | ₹48201.26 Cr | 29.2% |
| HDFC Multi - Asset Fund Regular Growth High Risk | 1.9% | 1.0% | ₹3524.55 Cr | 23.0% |
| Motilal Oswal Multi Asset Fund Direct Growth High Risk | 0.9% | 1.0% | ₹110.21 Cr | 15.0% |
About the AMC
Total AUM
₹7,06,808 Cr
Address
“HUL House”, 2nd Floor, Mumbai, 400 020
Other Funds by HDFC Mutual Fund
Risk Level
Your principal amount will be at High Risk
Unlock Expert Insights!
Related Articles
Still got questions?
We're here to help.
What is the current NAV of HDFC Multi - Asset Fund Direct Growth?
The NAV of HDFC Multi - Asset Fund Direct Growth, as of 19-Sep-2024, is ₹75.44.
What are the returns of HDFC Multi - Asset Fund Direct Growth?
The fund has generated 24.50% over the last 1 year and 14.68% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of HDFC Multi - Asset Fund Direct Growth?
The fund's allocation of assets is distributed as 47.88% in equities, 14.65% in bonds, and 26.91% in cash and cash equivalents.
Who manages the HDFC Multi - Asset Fund Direct Growth?
The fund managers responsible for HDFC Multi - Asset Fund Direct Growth are:-
- Anil Bamboli
- Arun Agarwal
- Srinivasan Ramamurthy
- Bhagyesh Kagalkar
- Nirman Morakhia
- Dhruv Muchhal
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
©2021-2022 Dezerv. All Rights Reserved
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.