Hybrid
Direct
Multi Asset Allocation
NAV as on 22-11-2024
₹ 74.14
1D
Inception Returns
12%
/yr
HDFC Multi Asset Fund Direct Growth is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Anil Bamboli, Srinivasan Ramamurthy. This fund gives you the benefit of diversification.
HDFC Multi Asset Fund Direct Growth has given a CAGR return of 11.98% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 20.15%, 12.57% and 16.55% respectively.
HDFC Multi Asset Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Government, Consumer Cyclical, Corporate, Consumer Defensive, Tech, Health, Industrial, Energy, Basic Materials, Communication, Securitize, 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 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitGains up to Rs 1 lakh are exempt from taxation (more than 12 months).
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 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.
Expense ratio | 0.74% |
Benchmark | IISL Nifty 50 TR INR |
AUM | ₹3760 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 16.1% |
STCG | Selling within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
Risk | High Risk |
as on (22-Nov-24)
as on (31-Oct-24)
Top 3 Sectors in October were Financial Services, Government & Consumer Cyclical
HDFC Multi Asset Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -2.76% | -2.76% |
6 Month Returns | 5.56% | 5.56% |
1 Year Returns | 20.15% | 20.15% |
3 Years Returns | 42.64% | 12.57% |
5 Years Returns | 115.04% | 16.55% |
AAA | 93.17 |
AA | 6.83 |