HDFC Multi Asset Allocation Fund Direct IDCW

HDFC Multi Asset Allocation Fund Direct IDCW

+14.17%
3Y annualised
+0.59% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 14 May '26
₹21.23
Min. for SIP
₹100
Fund size (AUM)
₹5,887.05 Cr
Expense ratio
0.84%
Rating
3

Return calculator

Monthly investment
₹5,000
Over the pastTotal investmentWould've becomeHistoric returnsReturns
1 year₹60,000₹60,768
+1.28%
3 years₹1,80,000₹2,08,119
+15.62%
5 years₹3,00,000₹4,02,737
+34.25%
10 years₹6,00,000₹11,68,531
+94.76%

Holdings (139)

NameSectorInstrumentsAssets
HDFC Gold ETF--Mutual Fund11.15%
Reliance Industries Ltd.EnergyEquity5.75%
HDFC Bank Ltd.FinancialEquity4.39%
ICICI Bank Ltd.FinancialEquity4.37%
NTPC Ltd.EnergyEquity3.57%
Axis Bank Ltd.FinancialEquity2.37%
Bharti Airtel Ltd.CommunicationEquity2.35%
Kotak Mahindra Bank Ltd.FinancialEquity2.34%
Maruti Suzuki India Ltd.AutomobileEquity1.78%
Sun Pharmaceutical Industries Ltd.HealthcareEquity1.68%
Infosys Ltd.TechnologyEquity1.51%
Tata Consultancy Services Ltd.TechnologyEquity1.47%
Power Grid Corporation Of India Ltd.EnergyEquity1.44%
Hindalco Industries Ltd.Metals & MiningEquity1.37%
State Bank of IndiaFinancialEquity1.36%
Oil And Natural Gas Corporation Ltd.EnergyEquity1.27%
Muthoot Finance Ltd.FinancialDebenture1.27%
Larsen & Toubro Ltd.ConstructionEquity1.23%
GOISovereignGOI Sec1.18%
United Spirits Ltd.Consumer StaplesEquity1.12%
Bajaj Finserv Ltd.FinancialEquity1.08%
Divi's Laboratories Ltd.HealthcareEquity0.99%
Titan Company Ltd.Consumer DiscretionaryEquity0.99%
Eternal Ltd.ServicesEquity0.95%
Hyundai Motor India Ltd.AutomobileEquity0.93%
Interglobe Aviation Ltd.ServicesEquity0.91%
ICICI Lombard General Insurance Company Ltd.InsuranceEquity0.90%
Bajaj Auto Ltd.AutomobileEquity0.85%
Havells India Ltd.Capital GoodsEquity0.84%
Godrej Consumer Products Ltd.Consumer StaplesEquity0.82%
HCL Technologies Ltd.TechnologyEquity0.81%
ITC Ltd.Consumer StaplesEquity0.80%
SBI Life Insurance Company Ltd.InsuranceEquity0.77%
Tata Steel Ltd.Metals & MiningEquity0.76%
Mahindra & Mahindra Ltd.AutomobileEquity0.74%
Cipla Ltd.HealthcareEquity0.73%
HDFC Life Insurance Co Ltd.InsuranceEquity0.70%
Indus Towers Ltd.CommunicationEquity0.70%
Lupin Ltd.HealthcareEquity0.69%
Dr. Lal Pathlabs Ltd.HealthcareEquity0.65%
Embassy Office Parks REITConstructionFutures0.65%
City Union Bank Ltd.FinancialEquity0.64%
Eicher Motors Ltd.AutomobileEquity0.64%
Apollo Hospitals Enterprise Ltd.HealthcareEquity0.61%
GOISovereignGOI Sec0.60%
State Bank of IndiaFinancialBonds0.59%
Brookfield India Real Estate Trust REITConstructionFutures0.55%
Bharat Petroleum Corporation Ltd.EnergyEquity0.51%
Tech Mahindra Ltd.TechnologyEquity0.50%
Hindustan Unilever Ltd.Consumer StaplesEquity0.50%
Jubilant FoodWorks Ltd.ServicesEquity0.49%
Ambuja Cements Ltd.ConstructionEquity0.47%
CreditAccess Grameen Ltd.FinancialEquity0.44%
SMFG India Credit Company Ltd.FinancialNCD0.43%
LIC Housing Finance Ltd.FinancialBonds/Deb0.42%
Siddhivinayak Securitisation TrustOthersSec. Debt0.42%
Bajaj Finance Ltd.FinancialEquity0.41%
Balkrishna Industries Ltd.AutomobileEquity0.40%
Union Bank of IndiaFinancialCD0.40%
Punjab National BankFinancialCD0.40%
Delhivery Ltd.ServicesEquity0.40%
HDFC Silver ETF Regular - Growth--Mutual Fund0.39%
Blue Dart Express Ltd.ServicesEquity0.37%
Whirlpool Of India Ltd.Consumer DiscretionaryEquity0.37%
Aptus Value Housing Finance India Ltd.FinancialEquity0.36%
Cholamandalam Investment and Finance Company Ltd.FinancialBonds0.34%
Nexus Select TrustConstructionFutures0.34%
TCPL Packaging Ltd.Consumer StaplesEquity0.34%
Paradeep Phosphates Ltd.ChemicalsEquity0.33%
Jindal Steel Ltd.Metals & MiningEquity0.31%
Ipca Laboratories Ltd.HealthcareEquity0.29%
Orient Electric Ltd.Consumer DiscretionaryEquity0.28%
GOISovereignGOI Sec0.26%
GOISovereignGOI Sec0.26%
GOISovereignGOI Sec0.26%
Bharti Telecom Ltd.CommunicationDebenture0.26%
GOISovereignGOI Sec0.26%
LIC Housing Finance Ltd.FinancialDebenture0.26%
Small Industries Devp. Bank of India Ltd.FinancialDebenture0.26%
GOISovereignGOI Sec0.25%
Powergrid Infrastructure Investment TrustServicesInvITs0.25%
Suprajit Engineering Ltd.AutomobileEquity0.25%
Greenply Industries Ltd.Consumer StaplesEquity0.24%
Gateway Distriparks Ltd.ServicesEquity0.24%
Bayer CropScience Ltd.ChemicalsEquity0.24%
CIE Automotive India Ltd.Metals & MiningEquity0.24%
Gland Pharma Ltd.HealthcareEquity0.24%
The Great Eastern Shipping Company Ltd.EnergyEquity0.24%
Star Health and Allied Insurance Company Ltd.InsuranceEquity0.22%
Transport Corporation Of India Ltd.ServicesEquity0.22%
Sonata Software Ltd.TechnologyEquity0.21%
Prestige Estates Projects Ltd.ConstructionEquity0.20%
Indraprastha Gas Ltd.EnergyEquity0.20%
HDFC Bank Ltd.FinancialFD0.17%
GOISovereignGOI Sec0.17%
National Bank For Agriculture & Rural DevelopmentFinancialBonds0.17%
Small Industries Devp. Bank of India Ltd.FinancialBonds0.17%
GOISovereignGOI Sec0.16%
Bank Of BarodaFinancialCD0.16%
UTI Asset Management Company Ltd.FinancialEquity0.16%
GR Infraprojects Ltd.ConstructionEquity0.15%
Biocon Ltd.HealthcareEquity0.13%
National Bank For Agriculture & Rural DevelopmentFinancialDebenture0.13%
Pipeline Infrastructure (India) Pvt. Ltd.ConstructionDebenture0.10%
Wipro Ltd.TechnologyEquity0.10%
Power Finance Corporation Ltd.FinancialBonds0.08%
Bank Of BarodaFinancialBonds0.08%
REC Ltd.FinancialBonds0.08%
Power Finance Corporation Ltd.FinancialBonds0.08%
GOISovereignGOI Sec0.08%
National Bank For Agriculture & Rural DevelopmentFinancialBonds0.08%
GOISovereignGOI Sec0.08%
Chemplast Sanmar Ltd.ChemicalsEquity0.08%
National Bank For Agriculture & Rural DevelopmentFinancialDebenture0.04%
GOISovereignGOI Sec0.03%
Raajmarg Infra Investment TrustConstructionInvITs0.02%
Asian Paints Ltd.ChemicalsEquity0.02%
Tata Power Company Ltd.EnergyEquity0.01%
Kwality Wall's (India) Ltd.Consumer StaplesEquity0.01%
Eternal Ltd.ServicesFutures-0.00%
Tata Power Company Ltd.EnergyFutures-0.01%
Ambuja Cements Ltd.ConstructionFutures-0.01%
Asian Paints Ltd.ChemicalsFutures-0.02%
ICICI Bank Ltd.FinancialFutures-0.05%
Biocon Ltd.HealthcareFutures-0.13%
Apollo Hospitals Enterprise Ltd.HealthcareFutures-0.16%
Tata Steel Ltd.Metals & MiningFutures-0.19%
Power Grid Corporation Of India Ltd.EnergyFutures-0.25%
Cipla Ltd.HealthcareFutures-0.28%
Bajaj Finance Ltd.FinancialFutures-0.41%
Mahindra & Mahindra Ltd.AutomobileFutures-0.59%
United Spirits Ltd.Consumer StaplesFutures-0.67%
Sun Pharmaceutical Industries Ltd.HealthcareFutures-0.76%
Titan Company Ltd.Consumer DiscretionaryFutures-0.99%
Bajaj Finserv Ltd.FinancialFutures-1.08%
Bharti Airtel Ltd.CommunicationFutures-1.20%
Hindalco Industries Ltd.Metals & MiningFutures-1.38%
Reliance Industries Ltd.EnergyFutures-2.05%
NTPC Ltd.EnergyFutures-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+14.2%+13.4%+12.0%+11.6%
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 IDCW

HDFC Multi Asset Allocation Fund Direct IDCW 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 IDCW fund. The fund currently has an Asset Under Management(AUM) of ₹9,37,048 Cr and the Latest NAV as of 14 May 2026 is ₹21.23. The HDFC Multi Asset Allocation Fund Direct IDCW 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,