HDFC Multi Asset Fund Direct Growth+0.92%

4
10.56%
1 Year Return
Hybrid
Multi Asset Allocation
4.0star
6M
1Y
3Y
5Y
All

Fund Details

HDFC Multi Asset Fund Direct Growth

RiskModerately High
Min SIP Amount₹500
Expense Ratio1.57%
NAV₹37.10 (28 Sep 2020)
Fund Started01 Jan 2013
Fund Size₹289 Cr

Returns

1Y
3Y*
5Y*
Since inception*
HDFC Multi Asset Fund Direct Growth
10.6%
6.3%
7.8%
8.9%
Category Average
10.2%
4.5%
6.7%
-
Rank within category
2
NA
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month₹5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    ₹0
    with 10.6% annual returns

    Comparison

    Data not available
    Pros
    1. 1Y Returns are higher than the category average returns
    2. 3Y Returns are higher than the category average returns
    3. 5Y Returns are higher than the category average returns
    Cons
    1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
    2. Risk-adjusted returns are lower compared to the category
    3. Higher expense ratio - 1.67%

    Top Holdings

    NameSectorInstrument% Assets
    HDFC Gold Exchange Traded FundFinancialMutual Fund16.1%
    Reliance Industries Ltd.EnergyEquity7.7%
    HDFC Bank Ltd.FinancialEquity6.8%
    Infosys Ltd.TechnologyEquity6.0%
    ICICI Bank Ltd.FinancialEquity5.7%
    Housing Development Finance Corpn. Ltd.FinancialDebenture3.9%
    Housing Development Finance Corpn. Ltd.FinancialEquity3.8%
    Vedanta Ltd.MetalsNCD3.3%
    Bharti Airtel Ltd.CommunicationEquity3.2%
    Hindustan Unilever Ltd.FMCGEquity2.7%
    See All

    Fund Managers

    addAnil Bamboli
    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.
    Funds Managed
    addChirag Setalvad
    Education
    Mr. Setalvad is a B. Sc and MBA from University of North Carolina.
    Experience
    Prior to joining HDFC AMC he has worked with New Vernon Advisory Services Ltd., HDFC AMC and ING Barings N.V.
    Funds Managed
    addKrishan Kumar Daga
    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.
    Funds Managed
    addArun Agarwal
    Education
    Mr. Agarwal is an A.C.A
    Experience
    He has nearly 7 years experience in Equities and has also dealt in Money Market. Prior to this, he was in Treasury Back Office with ICICI Bank.
    Funds Managed
    addAmit Ganatra
    Education
    Mr. Ganatra holds a Commerce degree and is a Charted Accountant. He is also a Chartered Financial Analyst from AIMR.
    Experience
    Prior to joining Invesco Mutual Fund, he has worked with DBS Cholamandalam AMC Pvt. Ltd. and Fidelity.
    Funds Managed
    addAmar Kalkundrikar
    Education
    Mr. Kalkundrikar has done B.Com, CA, CFA, and MBA from Columbia Business School.
    Experience
    Mr. Kalkundrikar has over 16 years of experience of which 13 years is in Equity Research and Portfolio Management.
    Funds Managed
    addChirag Dagli
    Education
    Mr. Dagli has done B. COM and Chartered Accountant.
    Experience
    Prior to joining HDFC AMC, he has worked with Aviva India Life Insurance Company Ltd., ICICI Securities Ltd., Pioneer Invest Corp, Deutsche Equities, Citigroup Global Markets.
    Funds Managed

    HDFC Multi Asset Fund Direct Growth Details

    HDFC Multi Asset Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by HDFC Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Anil Bamboli, Chirag Setalvad is the Current Fund Manager of HDFC Multi Asset Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹289 Cr and the Latest NAV as of 28 Sep 2020 is ₹37.10.

    The HDFC Multi Asset Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. For redemption in excess of 15% of the units, 1% will be charged if redeemed 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.

    Tax Implications

    Returns are taxed as per your Income Tax slab, if sold before 3 years and 20% with indexation benefit post 3 years.

    Scheme Information Document(SID)

    Click here
    ₹5000
    Min for First Investment
    ₹1000
    Min for Second Investment
    For redemption in excess of 15% of the units, 1% will be charged if redeemed within 12 months.
    Exit Load

    Compare Funds

    HDFC Multi Asset Fund Direct Growth
    VS
    search

    About HDFC Mutual Fund

    Address
    “HDFC House”, 2nd Floor, H.T. Parekh Marg, 165-166, Backbay Reclamation, Churchgate, Mumbai 400020
    Phone
    022 6631 6333
    Launch Date
    30 Jun 2000
    E-mail
    cliser@hdfcfund.com
    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,
    Email
    enq_h@camsonline.com
    Website
    www.camsonline.com
    Similar Funds
    Data not available

    1st Floor, Proms Complex, SBI

    Colony, 1A Koramangala, 560034

    Contact Us

    GROWW
    About UsAMC Mutual FundsPricingGroww Q&ABlogMedia & PressHelp and Support
    EXPLORE
    Mutual FundsStocksNFOMutual Funds CategoriesUS StocksGoldETFs
    RESOURCES
    Mutual Fund BeginnersLearn Stock MarketCalculatorsGlossaryCompare FundsSwitch to GrowwDownload Forms
    ⓒ 2016-2020 Groww. All rights reserved, Built with ♥in India
    MOST POPULAR ON GROWW
    STOCK MARKET INDICES:  S&P BSE SENSEX |  S&P BSE 100 |  NIFTY 100 |  NIFTY 50 |  NIFTY MIDCAP 100 |  NIFTY BANK |  NIFTY NEXT 50
    MUTUAL FUNDS COMPANIES: ICICI PRUDENTIAL  | HDFC  | NIPPON INDIA  | ADITYA BIRLA SUN LIFE  | SBI  | UTI  | FRANKLIN TEMPLETON  | KOTAK MAHINDRA  | IDFC  | DSP  | AXIS  | TATA  | L&T  | SUNDARAM  | PGIM  | INVESCO  | LIC  | JM FINANCIAL  | BARODA PIONEER  | CANARA ROBECO  | HSBC  | IDBI  | INDIABULLS  | MOTILAL OSWAL  | BNP PARIBAS  | MIRAE ASSET  | PRINCIPAL  | BOI AXA  | UNION KBC  | TAURUS  | EDELWEISS  | ESSEL  | MAHINDRA  | QUANTUM  | PPFAS  | IIFL  | Quant  | SHRIRAM  | SAHARA
    NSE|
    BSE|
    Terms and Conditions|
    Policies and Procedures|
    Privacy Policy|
    Disclosure|
    Security