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HDFC Multi Asset Fund Direct IDCW

Hybrid
Multi Asset Allocation
Very High Risk
17.28%
3Y annualised
+0.38% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 08 Aug 2022₹16.93
Min. SIP amount₹300
Rating4
Fund size₹1,476.10Cr

Returns and rankings

Category: Hybrid Multi Asset Allocation
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns7.4%17.3%11.1%11.0%
Category average34.5%11.1%9.5%NA
Rank with in category63NANA
Understand terms

Holdings (82)

NameSectorInstrumentAssets
HDFC Gold Exchange Traded FundFinancialMutual Fund11.9%
Infosys Ltd.TechnologyEquity5.7%
HDFC Bank Ltd.FinancialEquity4.5%
ICICI Bank Ltd.FinancialEquity4.2%
Axis Bank Ltd.FinancialEquity3.5%
Reliance Industries Ltd.EnergyEquity3.2%
GOI
SovereignGOI Sec2.7%
ITC Ltd.Consumer StaplesEquity2.3%
Bharti Airtel Ltd.CommunicationEquity2.3%
Housing Development Finance Corpn. Ltd.FinancialEquity2.2%
See All

Pros and cons

Category: Hybrid Multi Asset Allocation

Pros

Cons

3Y and 5Y annualised returns higher than category average
1Y annualised returns lower than category average by 27.03%
Higher alpha: 3.43 The fund has generated returns higher than benchmark - Groww Equity Hybrid - in the last 3Y
Lower expense ratio: 0.9%

Expense ratio, exit load and tax

Expense ratio: 0.90%

Inclusive of GST

Exit load

For redemption in excess of 15% of the units, 1% will be charged if redeemed within 12 months.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹300

Fund management

Anil Bamboli
Jan 2013 - Present
View details

Education
Mr. Bamboli is a CFA from Association for Investment Management and Research, U.S.A, Masters in Management Studies (Finance) and a Graduate in Cost and Works Accountant from ICWAI.
Experience
Prior to joining HDFC AMC he has worked with SBI Fund Management for 11 years.
Also manages these schemes

Krishan Kumar Daga
May 2018 - Present
View details

Education
Mr. Daga is a B.Com (H).
Experience
Prior to joining HDFC AMC he has worked with Reliance Mutual Fund, Reliance Capital Ltd., Deutsche Securities, B&K Securities, Brics Securities, JP Morgan Securities and HSBC Securities.
Also manages these schemes

Arun Agarwal
Aug 2020 - Present
View details

Education
Mr. Agarwal is a B.Com., 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

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.
Also manages these schemes

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.
Also manages these schemes

Priya Ranjan
May 2022 - Present
View details

Education
Mr. Ranjan is B.E(Computer Science) and PGDBM (Finance).
Experience
He has over 14 years of experience in equity research.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
"HDFC House"-2nd Floor,H.T. Parekh Marg - 165-166, Backbay Reclamation,Churchgate Mumbai 400020
Phone
1800-3010-6767 / 1800-419-7676
Launch Date
10 Dec 1999
E-mail
NA
Website
NA
HDFC Mutual Fund
Asset Management Company
Custodian
HDFC Bank
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

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FAQs

How to Invest in HDFC Multi Asset Fund Direct IDCW?

You can easily invest in HDFC Multi Asset Fund Direct IDCW in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:

  • Log on to your Groww account
  • Search for HDFC Multi Asset Fund Direct IDCW from the search box
  • In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
  • Once you are done with that, you can start investing in HDFC Multi Asset Fund Direct IDCW as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does HDFC Multi Asset Fund Direct IDCW provide?

The HDFC Multi Asset Fund Direct IDCW has been there from 01 Jan 2013 and the average annual returns provided by this fund is 7.44% since its inception.

How much expense ratio is charged by HDFC Multi Asset Fund Direct IDCW?

The term Expense Ratio used for HDFC Multi Asset Fund Direct IDCW or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund.

The Expense Ratio of HDFC Multi Asset Fund Direct IDCW is 0.90% as of 10 Aug 2022...

What is the AUM of HDFC Multi Asset Fund Direct IDCW?

The AUM, short for Assets Under Management of HDFC Multi Asset Fund Direct IDCW is ₹1,476.10Cr as of 10 Aug 2022.

How to Redeem HDFC Multi Asset Fund Direct IDCW?

If you want to sell your HDFC Multi Asset Fund Direct IDCW holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of HDFC Multi Asset Fund Direct IDCW?

You can select either SIP or Lumpsum investment of HDFC Multi Asset Fund Direct IDCW based on your investment objective and risk tolerance.

What is the NAV of HDFC Multi Asset Fund Direct IDCW?

The NAV of HDFC Multi Asset Fund Direct IDCW is ₹16.93 as of 08 Aug 2022.

What is the PE and PB ratio of HDFC Multi Asset Fund Direct IDCW?

The PE ratio ratio of HDFC Multi Asset Fund Direct IDCW is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

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