HDFC Multi Asset Fund Direct Growth

HDFC Multi Asset Fund Direct Growth

Hybrid

Direct

Multi Asset Allocation

NAV as on 04-11-2024

₹ 74.67

-0.1%

1D

Inception Returns

12.2%

/yr

About HDFC Multi Asset Fund Direct Growth

HDFC Multi Asset Fund Direct Growth is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Srinivasan Ramamurthy, Anil Bamboli. This fund gives you the benefit of diversification.

Key Parameters

  1. HDFC Multi Asset Fund Direct Growth has ₹3702 Cr worth of assets under management (AUM) as on Sep 2024 and is less than category average.
  2. The fund has an expense ratio 0.8.

Returns

HDFC Multi Asset Fund Direct Growth has given a CAGR return of 12.23% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 25.99%, 14.30% and 16.88% respectively.

Holdings

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

Taxation

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 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

Investment objective of HDFC Multi Asset Fund Direct Growth

The objective of the Scheme is to generate long term capital appreciation/income by investing in a diversified portfolio of equity & equity related instruments, debt & money market instruments and Gold. There is no assurance that the investment objective of the Scheme will be realized.

Minimum Investment and lockin period

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

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
1643 people have invested ₹ 53.7L in HDFC Multi Asset Fund Direct Growth in the last three months

HDFC Multi Asset Fund Direct Growth Overview

Expense ratio0.76%
Benchmark
IISL Nifty 50 TR INR
AUM₹3702 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹100/₹100
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
16.1%
STCGSelling within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
High Risk

Trailing Returns

as on (04-Nov-24)

Period
HDFC Multi Asset Fund Direct Growth
Multi Asset Allocation Index
1M
-1.7%
-
3M
1.2%
-
6M
8.6%
-
1Y
26%
-
3Y
14.3%
-
5Y
16.9%
-

Fund Distribution

as on (30-Sep-24)

  • Equity 47.1%

  • Debt & Cash 41.7%

Large cap
56.1%

Small cap
7.2%

Mid cap
4.3%

Sector Allocation

Sep'24

Aug'24

Jul'24

Financial Services
32.8%
Consumer Cyclical
15.1%
Consumer Defensive
10.2%
Health
8%
Tech
7.8%
Industrial
7.1%
Energy
5.4%
Basic Materials
5.1%
Communication
4.4%
Utilities
2.5%
Real Estate
1.5%
All changes are between Oct'69 and Dec'69
Parameters
Sep'24
Aug'24
Jul'24
AUM
₹ 3.5K Cr
₹ 3.5K Cr
₹ 3.3K Cr
  • AUM of the fund stands at 3.5K Cr as of Sep'24
  • AUM has remained same between Sep'24 and Aug'24

Top 3 Sectors in September were Financial Services, Government & Consumer Cyclical

Sep'24
Financial Services
33%
Government
17%
Consumer Cyclical
15%
Aug'24
Financial Services
33%
Government
19%
Consumer Cyclical
15%
Fund
Sep'24
Aug'24
Jul'24
No of Holdings
132
129
120
Top 5 Company Concentration
21.6%
20.9%
21.2%
Company having highest exposure
HDFC Bank Ltd (5.6%)
HDFC Bank Ltd (5.5%)
HDFC Bank Ltd (5.8%)
No of Sectors
14
14
14
Top 5 Sectors Concentration
90.3%
90.6%
91.8%
Sector having highest exposure
Financial Services (32.8%)
Financial Services (32.9%)
Financial Services (32.1%)
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Srinivasan Ramamurthy
Srinivasan Ramamurthy
Fund Manager of HDFC Multi Asset Fund Direct Growth, since 13 January 2022
Anil Bamboli
Anil Bamboli
Fund Manager of HDFC Multi Asset Fund Direct Growth, since 17 August 2005
Fund House
HDFC Asset Management Co Ltd
Total Schemes
Total AUM
₹7.87L Cr
as on 30-Sep-2024
Address
HDFC Asset Management Company Limited,“HUL House”, 2nd Floor,,H.T. Parekh Marg,165-166, Backbay Reclamation,,Churchgate,
Phone
+912266316333
Website
cliser@hdfcfund.com

Mutual Fund Insights

Insights icon
In the last 5 years, Quant Multi Asset Fund Growth Option Direct Plan has given 29.08% return, outperforming this fund by 12.19% per annum.
Insights icon
This fund expense ratio is slightly on the lower side within the category (multi asset allocation). Its expense ratio is 0.76% which is lower than the category average expense ratio of 1.21%.
Insights icon
In the last 3 years, Quant Multi Asset Fund Growth Option Direct Plan has given 23.89% return, outperforming this fund by 9.59% per annum.
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Over the last 6 months, this fund has experienced a 40.1% growth in AUM moving from 2.64K Cr to 3.70K Cr.
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In the last 1 year, Quant Multi Asset Fund Growth Option Direct Plan has given 46.69% return, outperforming this fund by 20.7%.
Insights icon
Over the last 6 months, this fund has decreased expense ratio by 11.6% moving from 0.86 to 0.76.

HDFC Multi Asset Fund Direct Growth Highlights

Risk meter
pointer

High Risk

Investors understand that their principal will be at High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 12.23% since inception which is less than its category average return of 13.37%
Fund Allocations

Fund Allocations

This fund has an allocation of 47.08% in Equity, 14.96% in Debt and 26.77% in Cash related instruments
AUM size ₹3702 Cr

AUM size ₹3702 Cr

This fund has AUM of ₹3702 Cr which is less than its category average of ₹ 3944 Cr
Expense Ratio 0.76%

Expense Ratio 0.76%

This fund has an expense ratio of 0.76% which is less than its category average expense ratio of 1.25%

Frequently Asked Questions for HDFC Multi Asset Fund Direct Growth

The current NAV of HDFC Multi Asset Fund Direct Growth is ₹74.67 as on 04-Nov-2024.
Existing (Absolute + CAGR) as on 04-Nov-2024.
HDFC Multi Asset Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
-1.7%
-1.7%
6 Month Returns
8.59%
8.59%
1 Year Returns
25.99%
25.99%
3 Years Returns
49.32%
14.3%
5 Years Returns
118.17%
16.88%
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.
0.76% as on October 2024
₹3702 Cr as on October 2024
HDFC Gold ETF(11.39%), HDFC Bank Ltd(5.58%), Axis Bank Ltd(4.96%), ICICI Bank Ltd(4.54%), Mahindra & Mahindra Ltd(3.44%) as on October 2024
Cash Equivalent(34.32%), Financial Services(15.46%), Government(9.21%) as on October 2024
AAA
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AA
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Srinivasan Ramamurthy, Anil Bamboli are the fund managers of HDFC Multi Asset Fund Direct Growth
The Exit load of HDFC Multi Asset Fund Direct Growth is 1%