HDFC Multi Asset Allocation Fund Direct Growth

HDFC Multi Asset Allocation Fund Direct Growth

+12.78%
3Y annualised
-0.49% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 10 Jun '26
₹81.69
Min. for SIP
₹100
Fund size (AUM)
₹5,887.61 Cr
Expense ratio
0.85%
Rating
3

Return calculator

Monthly investment
₹5,000
Over the pastTotal investmentWould've becomeHistoric returnsReturns
1 year₹60,000₹59,427
-0.95%
3 years₹1,80,000₹2,02,067
+12.26%
5 years₹3,00,000₹3,91,537
+30.51%
10 years₹6,00,000₹11,37,069
+89.51%

Holdings (142)

NameSectorInstrumentsAssets
Cash MarginUnspecifiedCash Margin12.45%
HDFC Gold ETFUnspecifiedMutual Fund11.15%
RepoUnspecifiedRepo7.53%
Reliance Industries LtdEnergy & UtilitiesEquity5.75%
HDFC Bank LtdFinancialEquity4.39%
ICICI Bank LtdFinancialEquity4.37%
NTPC LtdEnergy & UtilitiesEquity3.57%
Axis Bank LtdFinancialEquity2.37%
Bharti Airtel LtdTechnologyEquity2.35%
Kotak Mahindra Bank LtdFinancialEquity2.34%
Maruti Suzuki India LtdConsumer DiscretionaryEquity1.78%
Sun Pharmaceutical Industries LtdHealthcareEquity1.68%
Infosys LtdTechnologyEquity1.51%
Tata Consultancy Services LtdTechnologyEquity1.47%
Power Grid Corporation of India LtdEnergy & UtilitiesEquity1.44%
Hindalco Industries LtdMaterialsEquity1.37%
State Bank of IndiaFinancialEquity1.36%
Oil & Natural Gas Corporation LtdEnergy & UtilitiesEquity1.27%
MUTHOOT FINANCE LIMITED 8.05 NCD 25NV27 FVRS1LACFinancialDebenture1.27%
Larsen & Toubro LtdIndustrialsEquity1.23%
GOI Sec 7.18 14/08/2033EntitiesGOI Securities1.18%
United Spirits LtdConsumer StaplesEquity1.12%
Bajaj Finserv LtdFinancialEquity1.08%
Net Current AssetsUnspecifiedNet Current Assets1.06%
Divi's Laboratories LtdHealthcareEquity0.99%
Titan Company LtdConsumer DiscretionaryEquity0.99%
Zomato LtdTechnologyEquity0.95%
Hyundai Motor India Ltd.Consumer DiscretionaryEquity0.93%
Interglobe Aviation LtdIndustrialsEquity0.91%
ICICI Lombard General Insurance Company LtdFinancialEquity0.90%
Bajaj Auto LtdConsumer DiscretionaryEquity0.85%
Havells India LtdConsumer DiscretionaryEquity0.84%
Godrej Consumer Products LtdConsumer StaplesEquity0.82%
HCL Technologies LtdTechnologyEquity0.81%
ITC LtdConsumer StaplesEquity0.80%
SBI Life Insurance Company LtdFinancialEquity0.77%
Tata Steel LtdMaterialsEquity0.76%
Mahindra & Mahindra LtdConsumer DiscretionaryEquity0.74%
Cipla LtdHealthcareEquity0.73%
HDFC Life Insurance Co LtdFinancialEquity0.70%
Indus Towers LtdTechnologyEquity0.70%
Lupin LtdHealthcareEquity0.69%
Dr. Lal Pathlabs LtdHealthcareEquity0.65%
Embassy Office Parks REITReal EstateReal Estate Investment Trusts0.65%
City Union Bank LtdFinancialEquity0.64%
Eicher Motors LtdConsumer DiscretionaryEquity0.64%
Apollo Hospitals Enterprise LtdHealthcareEquity0.61%
CENTRAL GOVERNMENT LOAN 31568 GOI 18AP29 7.10 FV RS 100EntitiesGOI Securities0.60%
STATE BANK OF INDIA SR 2 7.33 BD 20SP39 FVRS1CRFinancialBonds0.59%
Brookfield India Real Estate Trust REITReal EstateReal Estate Investment Trusts0.55%
Bharat Petroleum Corporation LtdEnergy & UtilitiesEquity0.51%
Tech Mahindra LtdTechnologyEquity0.50%
Hindustan Unilever LtdConsumer StaplesEquity0.50%
Jubilant FoodWorks LtdConsumer DiscretionaryEquity0.49%
Ambuja Cements LtdMaterialsEquity0.47%
CreditAccess Grameen LtdFinancialEquity0.44%
SMFG INDIA CREDIT COMPANY LIMITED SR 109 OP I 8.30 NCD 30JU27 FVRS1LACFinancialNon Convertible Debenture0.43%
LIC HOUSING FINANCE LTD TR 447 7.57 NCD 18OT29 FVRS1LACFinancialBonds/Debentures0.42%
SIDDHIVINAYAK SECURITISATION TRUST SD TRUST PTC 15SEPT25UnspecifiedSecuritised Debt0.42%
Bajaj Finance LtdFinancialEquity0.41%
Balkrishna Industries LtdConsumer DiscretionaryEquity0.40%
UNION BANK OF INDIA CD 19JAN27FinancialCertificate of Deposit0.40%
PUNJAB NATIONAL BANK CD 12MAR27FinancialCertificate of Deposit0.40%
Delhivery LtdIndustrialsEquity0.40%
HDFC Silver ETF Regular - GrowthUnspecifiedMutual Fund0.39%
Blue Dart Express LtdIndustrialsEquity0.37%
Whirlpool Of India LtdConsumer DiscretionaryEquity0.37%
Aptus Value Housing Finance India LtdFinancialEquity0.36%
CHOLAMANDALAM INVESTMENT AND FIN. CO. LTD SR 636 8.65 NCD 28FB29 FVRS1LACFinancialBonds0.34%
Nexus Select TrustIndustrialsReal Estate Investment Trusts0.34%
TCPL Packaging LtdMaterialsEquity0.34%
Paradeep Phosphates LtdMaterialsEquity0.33%
Jindal Steel & Power LtdMaterialsEquity0.31%
Ipca Laboratories LtdHealthcareEquity0.29%
Orient Electric LtdConsumer DiscretionaryEquity0.28%
4.45% Government of India (30/10/2034)EntitiesGOI Securities0.26%
GOI Sec 7.17 17/04/2030EntitiesGOI Securities0.26%
GOVERNMENT OF INDIA 31719 GOI 20JU27 7.38 FV RS 100EntitiesGOI Securities0.26%
BHARTI TELECOM LIMITED SR XVII 8.95 NCD 04DC26 FVRS1LACTechnologyDebenture0.26%
GOVERNMENT OF INDIA 34208 GOI 08AP34 7.1 FV RS 100EntitiesGOI Securities0.26%
LIC HOUSING FINANCE LTD TR 440 7.87 NCD 14MY29 FVRS1LACFinancialDebenture0.26%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR V 7.83 BD 24NV28 FVRS1LACFinancialDebenture0.26%
GOI Sec 7.23 15/04/2039EntitiesGOI Securities0.25%
INVIT POWERGRID INFRASTRUCTURE INVESTMENT TRUSTIndustrialsInfrastructure Investment Trust0.25%
Suprajit Engineering LtdConsumer DiscretionaryEquity0.25%
Greenply Industries LtdMaterialsEquity0.24%
Gateway Distriparks LtdIndustrialsEquity0.24%
Bayer CropScience LtdMaterialsEquity0.24%
Mahindra CIE Automotive LtdConsumer DiscretionaryEquity0.24%
Gland Pharma LtdHealthcareEquity0.24%
The Great Eastern Shipping Company LtdEnergy & UtilitiesEquity0.24%
Star Health & Allied Insurance Co. LtdFinancialEquity0.22%
Transport Corporation Of India LtdIndustrialsEquity0.22%
Sonata Software LtdTechnologyEquity0.21%
Prestige Estates Projects LtdReal EstateEquity0.20%
Indraprastha Gas LtdEnergy & UtilitiesEquity0.20%
HDFC BANK LIMITED SR U001 9.05 NCD 16OT28 FVRS10LACFinancialFixed Deposits0.17%
GOVERNMENT OF INDIA 32829 GOI 10AP28 7.06 FV RS 100EntitiesGOI Securities0.17%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 25B 7.64 BD 06DC29 FVRS1LACFinancialBonds0.17%
7.48 SIDBI 24.05.2029FinancialBonds0.17%
GOVERNMENT OF INDIA 36574 GOI 06OT35 6.48 FV RS 100EntitiesGOI Securities0.16%
BANK OF BARODA CD 06JAN27FinancialCertificate of Deposit0.16%
UTI Asset Management Company LtdFinancialEquity0.16%
G R Infraprojects LtdIndustrialsEquity0.15%
Biocon LtdHealthcareEquity0.13%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 25A 7.70 BD 30SP27 FVRS1LACFinancialDebenture0.13%
PIPELINE INFRASTRUCTURE LIMITED SR 2 7.96 NCD 11MR28 FVRS1ACIndustrialsDebenture0.10%
Wipro LtdTechnologyEquity0.10%
POWER FINANCE CORPORATION LIMITED SR 247A 7.44 BD 15JN30 FVRS1LACFinancialBonds0.08%
BANK OF BARODA SR XXV 7.75 BD 21DC33 FVRS1CRFinancialBonds0.08%
7.35% RECL 31 JULY 2034FinancialBonds0.08%
POWER FINANCE CORPORATION LIMITED SR 247B 7.40 BD 15JN35 FVRS1LACFinancialBonds0.08%
CENTRAL GOVERNMENT LOAN 31280 GOI 17JN32 6.54 FV RS 100EntitiesGOI Securities0.08%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 25F 7.37 BD 28MY35 FVRS1LACFinancialBonds0.08%
GOVERNMENT OF INDIA 34238 GOI 22AP64 7.34 FV RS 100EntitiesGOI Securities0.08%
Chemplast Sanmar LtdMaterialsEquity0.08%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 24E 7.80 BD 15MR27 FVRS1LACFinancialDebenture0.04%
GOI Sec 7.18 24/07/2037EntitiesGOI Securities0.03%
Raajmarg Infra Investment TrustIndustrialsInfrastructure Investment Trust0.02%
Asian Paints LtdMaterialsEquity0.02%
Tata Power Company LtdEnergy & UtilitiesEquity0.01%
Kwality Walls India LtdConsumer StaplesEquity0.01%
Zomato LtdTechnologyFutures-0.00%
Tata Power Co. Ltd FuturesEnergy & UtilitiesFutures-0.01%
Ambuja Cements Ltd FuturesMaterialsFutures-0.01%
Asian Paints Ltd FuturesMaterialsFutures-0.02%
ICICI Bank Ltd FuturesFinancialFutures-0.05%
Biocon Ltd FuturesHealthcareFutures-0.13%
Apollo Hospitals Enterprise Ltd FuturesHealthcareFutures-0.16%
Tata Steel Ltd FuturesMaterialsFutures-0.19%
Power Grid Corpn. Of India Ltd FuturesEnergy & UtilitiesFutures-0.25%
Cipla Ltd FuturesHealthcareFutures-0.28%
Bajaj Finance Ltd FuturesFinancialFutures-0.41%
Mahindra & Mahindra Ltd FuturesConsumer DiscretionaryFutures-0.59%
United Spirits Ltd FuturesConsumer StaplesFutures-0.67%
Sun Pharmaceutical Inds. Ltd FuturesHealthcareFutures-0.76%
Titan Company Ltd FuturesConsumer DiscretionaryFutures-0.99%
Bajaj Finserv Ltd.delete FuturesFinancialFutures-1.08%
Bharti Airtel Ltd FuturesTechnologyFutures-1.20%
Hindalco Industries Ltd FuturesMaterialsFutures-1.38%
Reliance Industries Ltd FuturesEnergy & UtilitiesFutures-2.05%
National Thermal Power Corp. Ltd FuturesEnergy & UtilitiesFutures-2.22%
See All

Minimum investments

Min. for 1st investment
₹100
Min. for 2nd investment
₹100
Min. for SIP
₹100

Returns and rankings

Annualised returns
Absolute returns
Name3Y5Y10YAll
Fund returns+12.8%+11.9%+11.7%+11.4%
Category average (Hybrid Multi Asset Allocation)+17.8%+16.1%+11.5%--
Rank (Hybrid Multi Asset Allocation)96----

Exit load, stamp duty and tax

Exit load

Exit Load for units in excess of 15% of the investment,1% will be charged for redemption within 12 months.

Stamp duty on investment: 0.005% (from July 1st, 2020)

from July 1st 2020

Tax implication

If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Check past data

Fund management

BK
Bhagyesh Kagalkar
Feb 2022 - Present
View details

Education
Mr. Kagalkar is a B.E. (Production) and MMS (Finance)
Experience
Prior to joining HDFC Asset Management Company Limited, he has worked with Dolat Capital Markets Ltd., India Infoline Ltd., Sun Engineering Ltd., Al Ahlia Portfolio Securities Co., IIT Investrust.

SR
Srinivasan Ramamurthy
Jan 2022 - Present
View details

Education
Mr. Ramamurthy is an engineer by qualification from Jadavpur University and has done his MBA from IIM - Calcutta.
Experience
Prior to joining HDFC Asset Management Company Limited, he has worked with Mahindra Mutual Fund, IDBI Federal Life Insurance, IIFL Capital Limited, Maybank Kim Eng, Credit Suisse and KPMG Advisory.

AA
Arun Agarwal
Aug 2020 - Present
View details

Education
Mr. Agarwal is a B.Com. and Chartered Accountant
Experience
Prior to joining HDFC Asset Management Company Limited, he has worked with SBI Funds Management Pvt. Ltd., ICICI Bank Limited, UTI Asset Management Pvt. Ltd.
Also manages these schemes

DM
Dhruv Muchhal
Jun 2023 - Present
View details

Education
Mr. Dhruv has done B.Com, CA and CFA
Experience
Prior to joining HDFC MF,he has worked with Motilal Oswal Financial Services Ltd., Goldman Sachs, CRISIL Global Research & Analytics and Deloitte Haskins & Sells
Also manages these schemes

NM
Nandita Menezes
Mar 2025 - Present
View details

Education
CA (ICAI, INDIA), B.Com (University of Mumbai)
Experience
Prior to joining HDFC AMC, she was associated with S.V. Ghatalia & Associates LLP.
Also manages these schemes

About HDFC Multi Asset Allocation Fund Direct Growth

HDFC Multi Asset Allocation Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by HDFC Mutual Fund. This scheme was made available to investors on 10 Dec 1999. Anil Bamboli is the Current Fund Manager of HDFC Multi Asset Allocation Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹9,37,048 Cr and the Latest NAV as of 10 Jun 2026 is ₹81.69. The HDFC Multi Asset Allocation Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹100. Exit Load for units in excess of 15% of the investment,1% will be charged for redemption within 12 months. ;

Investment Objective

The Scheme seeks to generate long term capital appreciation/income by investing in a diversified portfolio of equity & equity related instruments, debt & money market instruments and Gold.
Fund benchmarkGroww Equity Hybrid

Fund house

Rank (total assets)#2 in India
Total AUM₹9,37,047.59 Cr
Date of Incorporation10 Dec 1999
Phone022 – 66316333
Launch Date10 Dec 1999
Address"HDFC House", 2nd Floor, H. T. Parekh Marg, 165-166, BackbayReclamation, Churchgate Mumbai 400020
CustodianHDFC Bank
Registrar & Transfer AgentCams
Address7th Floor, Tower II, Rayala Towers, 158, Anna Salai,