HDFC Multi Asset Active FoF Fund Direct Growth

HDFC Multi Asset Active FoF Fund Direct Growth is a hybrid fund. This fund was started on 5 May, 2021. The fund is managed by Anil Bamboli, Srinivasan Ramamurthy. This fund gives you the benefit of diversification.

1. HDFC Multi Asset Active FoF Fund Direct Growth has ₹3895 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
2. The fund has an expense ratio 0.1.
   

HDFC Multi Asset Active FoF Fund Direct Growth has given a CAGR return of 16.79% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 13.47% and 18.48% respectively.

HDFC Multi Asset Active FoF Fund Direct Growth has allocated its funds majorly in Financial Services, Corporate, Government, Cash Equivalent, Consumer Cyclical, Industrial, Health, Tech, Consumer Defensive, Basic Materials, Communication, Energy, Utilities, Real Estate.

As it is a multi asset allocation mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Long term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

To seek capital appreciation by managing the asset allocation between equity oriented, debt oriented and gold ETF schemes. There is no assurance that the investment objective of the Scheme will be realized.

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. HDFC Multi Asset Active FoF Fund Direct Growth has no lock in period.