HDFC Multi-asset Fund - Direct Plan - Growth Option
Hybrid
Direct
Multi Asset Allocation
NAV: ₹ 56.4 as on 30-05-2023
Fund Performance
454 people have invested ₹ 51.6L in HDFC Multi-asset Fund - Direct Plan - Growth Option in the last three months
Fund Insights
In the last 1 year, UTI Multi Asset Fund Direct Growth Option has given 18.78% return, outperforming HDFC Multi-asset Fund - Direct Plan - Growth Option by 5.58%
In the last 3 years, Quant Multi Asset Fund Growth Option Direct Plan has given 39.18% return, outperforming HDFC Multi-asset Fund - Direct Plan - Growth Option by 17.55% per annum
In the last 5 years, Quant Multi Asset Fund Growth Option Direct Plan has given 21.66% return, outperforming HDFC Multi-asset Fund - Direct Plan - Growth Option by 9.88% per annum
Over the last 15 months, HDFC Multi-asset Fund - Direct Plan - Growth Option has decreased expense ratio by 9.4% moving from 0.96 to 0.87
HDFC Multi-asset Fund - Direct Plan - Growth Option has one of the lowest expense ratio in the category (multi asset allocation). Its expense ratio is 0.87% which is lower than the category average expense ratio of 1.48%
Over the last 6 months, HDFC Multi-asset Fund - Direct Plan - Growth Option has experienced a 6.8% growth in AUM moving from 1.62K Cr to 1.73K Cr
About the Fund
HDFC Multi - Asset-Direct Plan - Growth Option is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Priya Ranjan, Bhagyesh Kagalkar, Nirman Morakhia, Srinivasan Ramamurthy, Arun Agarwal, Anil Bamboli. This fund gives you the benefit of diversification.
Key parameters
1) HDFC Multi-asset Fund - Direct Plan - Growth Option has a NAV of ₹56.445 as on 30-05-2023.
2) HDFC Multi-asset Fund - Direct Plan - Growth Option has ₹1735 Cr worth of assets under management (AUM) as on 31-03-2023 and is less than category average.
3) The fund has an expense ratio 0.87 %.
HDFC Multi-asset Fund - Direct Plan - Growth Option Overview
 | 0.87% |
 Benchmark | NIFTY 50 Hybrid Composite Debt 65:35 INR |
 | ₹1735 Cr |
 | 1 January, 2013 |
 | ₹100/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 22.18% |
Fund Distribution as on (30-Apr-23)
Size breakup
Large cap
56.9%
Mid cap
5.8%
Small cap
5.3%
Sector Allocation
Financial Services
31.6%
Industrial
12.6%
Basic Materials
11.2%
Tech
9.3%
Consumer Cyclical
8.6%
Consumer Defensive
8.3%
Health
5.4%
Energy
5%
Communication
4.5%
Utilities
2.4%
Real Estate
1.2%
Top Holdings of HDFC Multi-asset Fund - Direct Plan - Growth Option as on (30-Apr-23)
Equity Holdings64
Debt Holdings1
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Gold ETF | 13.19% | 0% | |
 HDFC Bank Ltd | 4.77% | 0% | |
 ICICI Bank Ltd | 4.34% | 0% | |
 Axis Bank Ltd | 4.28% | 0% | |
 State Bank of India | 2.29% | 0% |
See all
HDFC Multi-asset Fund - Direct Plan - Growth Option: Monthly Changes Updates
All changes are between Feb'23 and Apr'23
Fund Performance
- This fund’s returns stands at -1.06% whereas the fund’s underlying benchmark Multi Asset Allocation Index returns stands at -0.22% as on Apr'23
- This fund underperformed Multi Asset Allocation Index by 0.84% in Apr'23
AUM Change
- AUM of the fund stands at 1.7K Cr as of Apr'23
- AUM increased by 45.2 Cr between Apr'23 and Mar'23
Fund Portfolio Changes
Peer Analysis
HDFC Multi-asset Fund - Direct Plan - Growth Option Fund Manager
Priya Ranjan
Fund Manager of HDFC Multi-asset Fund - Direct Plan - Growth Option, since 1 May 2022
Top funds managed
Bhagyesh Kagalkar
Fund Manager of HDFC Multi-asset Fund - Direct Plan - Growth Option, since 2 February 2022
Top funds managed
Nirman Morakhia
Fund Manager of HDFC Multi-asset Fund - Direct Plan - Growth Option, since 15 February 2023
Top funds managed
Srinivasan Ramamurthy
Fund Manager of HDFC Multi-asset Fund - Direct Plan - Growth Option, since 13 January 2022
Top funds managed
Arun Agarwal
Fund Manager of HDFC Multi-asset Fund - Direct Plan - Growth Option, since 24 August 2020
Top funds managed
Anil Bamboli
Fund Manager of HDFC Multi-asset Fund - Direct Plan - Growth Option, since 17 August 2005
Top funds managed
Fund Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 10.95% since inception which is more than its category average return of 9.79%
Fund Allocations
This fund has an allocation of 55.86% in Equity, 12.53% in Debt and 18.67% in Cash related instruments
AUM size ₹1735 Cr
This fund has AUM of ₹1735 Cr which is less than its category average of ₹ 1859 Cr
Expense Ratio 0.87%
This fund has an expense ratio of 0.87% which is less than its category average expense ratio of 1.37%
Frequently Asked Questions
The current NAV of HDFC Multi-asset Fund - Direct Plan - Growth Option is ₹56.45 as on 30-May-2023.
Existing (Absolute + CAGR) as on 30-May-2023.
HDFC Multi-asset Fund - Direct Plan - Growth Option | Absolute Returns | CAGR Returns |
1 Month Returns | 1.7% | 1.7% |
6 Month Returns | 3.41% | 3.41% |
1 Year Returns | 12.47% | 12.47% |
3 Years Returns | 80.36% | 21.73% |
5 Years Returns | 74.98% | 11.84% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.87% as on April 2023
₹1735 Cr as on April 2023
HDFC Gold ETF(13.19%), HDFC Bank Ltd(4.77%), ICICI Bank Ltd(4.34%), Axis Bank Ltd(4.28%), State Bank of India(2.29%) as on April 2023
Cash Equivalent(26.76%), Financial Services(18.06%), Government(13.76%) as on April 2023
AAA | 100 |
Priya Ranjan, Bhagyesh Kagalkar, Nirman Morakhia, Srinivasan Ramamurthy, Arun Agarwal, Anil Bamboli are the fund managers of HDFC Multi-asset Fund - Direct Plan - Growth Option
The Exit load of HDFC Multi-asset Fund - Direct Plan - Growth Option is 1%