HDFC Multi Asset Allocation Fund Direct Growth

HDFC Multi Asset Allocation Fund Direct Growth

+15.43%
3Y annualised
+0.01% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 16 Mar '26
₹82.18
Min. for SIP
₹100
Fund size
₹5,883.78 Cr
Expense ratio
0.81%

Return calculator

Monthly investment
₹5,000
Over the pastTotal investmentWould've becomeHistoric returnsReturns
1 year₹60,000₹62,488
+4.15%
3 years₹1,80,000₹2,16,693
+20.39%
5 years₹3,00,000₹4,18,705
+39.57%
10 years₹6,00,000₹12,10,836
+101.81%

Holdings (144)

NameSectorInstrumentsAssets
HDFC Gold ETF--Mutual Fund11.37%
Reliance Industries Ltd.EnergyEquity4.90%
ICICI Bank Ltd.FinancialEquity4.21%
HDFC Bank Ltd.FinancialEquity4.14%
State Bank of IndiaFinancialEquity2.37%
NTPC Ltd.EnergyEquity2.34%
Bharti Airtel Ltd.CommunicationEquity2.34%
Axis Bank Ltd.FinancialEquity1.88%
Kotak Mahindra Bank Ltd.FinancialEquity1.76%
Larsen & Toubro Ltd.ConstructionEquity1.69%
Oil And Natural Gas Corporation Ltd.EnergyEquity1.66%
Sun Pharmaceutical Industries Ltd.HealthcareEquity1.61%
Maruti Suzuki India Ltd.AutomobileEquity1.61%
Power Grid Corporation Of India Ltd.EnergyEquity1.50%
Infosys Ltd.TechnologyEquity1.44%
Tata Consultancy Services Ltd.TechnologyEquity1.34%
Muthoot Finance Ltd.FinancialDebenture1.28%
Bajaj Finserv Ltd.FinancialEquity1.23%
Hindalco Industries Ltd.Metals & MiningEquity1.23%
GOISovereignGOI Sec1.21%
United Spirits Ltd.Consumer StaplesEquity1.16%
Hyundai Motor India Ltd.AutomobileEquity1.10%
Titan Company Ltd.Consumer DiscretionaryEquity0.98%
Bajaj Finance Ltd.FinancialEquity0.96%
Mahindra & Mahindra Ltd.AutomobileEquity0.96%
HCL Technologies Ltd.TechnologyEquity0.94%
Bajaj Auto Ltd.AutomobileEquity0.85%
Reserve Bank of IndiaFinancialT-Bills0.85%
Cipla Ltd.HealthcareEquity0.84%
Divi's Laboratories Ltd.HealthcareEquity0.82%
ITC Ltd.Consumer StaplesEquity0.80%
Lupin Ltd.HealthcareEquity0.78%
Tata Steel Ltd.Metals & MiningEquity0.76%
HDFC Life Insurance Co Ltd.InsuranceEquity0.73%
Eicher Motors Ltd.AutomobileEquity0.72%
SBI Life Insurance Company Ltd.InsuranceEquity0.69%
City Union Bank Ltd.FinancialEquity0.67%
Dr. Lal Pathlabs Ltd.HealthcareEquity0.67%
Embassy Office Parks REITConstructionREITs0.65%
ICICI Lombard General Insurance Company Ltd.InsuranceEquity0.65%
Brookfield India Real Estate Trust REITConstructionREITs0.63%
Apollo Hospitals Enterprise Ltd.HealthcareEquity0.62%
GOISovereignGOI Sec0.61%
Havells India Ltd.Capital GoodsEquity0.59%
State Bank of IndiaFinancialBonds0.59%
Eternal Ltd.ServicesEquity0.57%
Ambuja Cements Ltd.ConstructionEquity0.53%
Hindustan Unilever Ltd.Consumer StaplesEquity0.52%
Tech Mahindra Ltd.TechnologyEquity0.46%
Siddhivinayak Securitisation TrustOthersSec. Debt0.43%
CreditAccess Grameen Ltd.FinancialEquity0.43%
LIC Housing Finance Ltd.FinancialBonds/Deb0.43%
SMFG India Credit Company Ltd.FinancialNCD0.43%
GOISovereignGOI Sec0.43%
Union Bank of IndiaFinancialCD0.40%
Bharat Petroleum Corporation Ltd.EnergyEquity0.39%
Indus Towers Ltd.CommunicationEquity0.39%
Blue Dart Express Ltd.ServicesEquity0.39%
GOISovereignGOI Sec0.38%
Delhivery Ltd.ServicesEquity0.37%
Nexus Select TrustConstructionREITs0.36%
Cholamandalam Investment and Finance Company Ltd.FinancialBonds0.35%
Whirlpool Of India Ltd.Consumer DiscretionaryEquity0.34%
Interglobe Aviation Ltd.ServicesEquity0.33%
Jindal Steel Ltd.Metals & MiningEquity0.32%
Godrej Consumer Products Ltd.Consumer StaplesEquity0.31%
Paradeep Phosphates Ltd.ChemicalsEquity0.31%
Ipca Laboratories Ltd.HealthcareEquity0.29%
Orient Electric Ltd.Consumer DiscretionaryEquity0.28%
GOISovereignGOI Sec0.26%
GOISovereignGOI Sec0.26%
GOISovereignGOI Sec0.26%
GOISovereignGOI Sec0.26%
GOISovereignGOI Sec0.26%
LIC Housing Finance Ltd.FinancialDebenture0.26%
Small Industries Devp. Bank of India Ltd.FinancialDebenture0.26%
Suprajit Engineering Ltd.AutomobileEquity0.26%
Bharti Telecom Ltd.CommunicationDebenture0.26%
Powergrid Infrastructure Investment TrustServicesInvITs0.25%
Gateway Distriparks Ltd.ServicesEquity0.25%
Gland Pharma Ltd.HealthcareEquity0.25%
CIE Automotive India Ltd.Metals & MiningEquity0.24%
Transport Corporation Of India Ltd.ServicesEquity0.24%
Bayer CropScience Ltd.ChemicalsEquity0.24%
The Great Eastern Shipping Company Ltd.EnergyEquity0.23%
Sonata Software Ltd.TechnologyEquity0.22%
HDFC Silver ETF Regular - Growth--Mutual Fund0.21%
Indraprastha Gas Ltd.EnergyEquity0.20%
Prestige Estates Projects Ltd.ConstructionEquity0.20%
Star Health and Allied Insurance Company Ltd.InsuranceEquity0.20%
HDFC Bank Ltd.FinancialFD0.18%
Greenply Industries Ltd.Consumer StaplesEquity0.18%
GOISovereignGOI Sec0.17%
National Bank For Agriculture & Rural DevelopmentFinancialBonds0.17%
Small Industries Devp. Bank of India Ltd.FinancialBonds0.17%
UTI Asset Management Company Ltd.FinancialEquity0.17%
Bank Of BarodaFinancialCD0.16%
GR Infraprojects Ltd.ConstructionEquity0.15%
Biocon Ltd.HealthcareEquity0.14%
National Bank For Agriculture & Rural DevelopmentFinancialDebenture0.13%
Tata Power Company Ltd.EnergyEquity0.12%
Pipeline Infrastructure (India) Pvt. Ltd.ConstructionDebenture0.10%
Wipro Ltd.TechnologyEquity0.10%
Dr. Reddy's Laboratories Ltd.HealthcareEquity0.10%
REC Ltd.FinancialBonds0.09%
Power Finance Corporation Ltd.FinancialBonds0.09%
Power Finance Corporation Ltd.FinancialBonds0.09%
GOISovereignGOI Sec0.09%
Bank Of BarodaFinancialBonds0.08%
National Bank For Agriculture & Rural DevelopmentFinancialBonds0.08%
GOISovereignGOI Sec0.08%
Chemplast Sanmar Ltd.ChemicalsEquity0.08%
Ultratech Cement Ltd.ConstructionEquity0.08%
National Bank For Agriculture & Rural DevelopmentFinancialDebenture0.04%
GOISovereignGOI Sec0.03%
Rolex Rings LtdCapital GoodsEquity0.02%
Asian Paints Ltd.ChemicalsEquity0.02%
Kwality Wall's (India) Ltd.Consumer StaplesEquity0.01%
Infosys Ltd.TechnologyFutures-0.00%
Asian Paints Ltd.ChemicalsFutures-0.02%
Ambuja Cements Ltd.ConstructionFutures-0.02%
Eternal Ltd.ServicesFutures-0.07%
Ultratech Cement Ltd.ConstructionFutures-0.08%
Maruti Suzuki India Ltd.AutomobileFutures-0.10%
Dr. Reddy's Laboratories Ltd.HealthcareFutures-0.10%
Tata Power Company Ltd.EnergyFutures-0.12%
Biocon Ltd.HealthcareFutures-0.14%
Tata Steel Ltd.Metals & MiningFutures-0.19%
Power Grid Corporation Of India Ltd.EnergyFutures-0.23%
Cipla Ltd.HealthcareFutures-0.38%
Larsen & Toubro Ltd.ConstructionFutures-0.42%
United Spirits Ltd.Consumer StaplesFutures-0.70%
Sun Pharmaceutical Industries Ltd.HealthcareFutures-0.73%
Mahindra & Mahindra Ltd.AutomobileFutures-0.79%
HDFC Bank Ltd.FinancialFutures-0.82%
State Bank of IndiaFinancialFutures-0.84%
Bajaj Finance Ltd.FinancialFutures-0.97%
Titan Company Ltd.Consumer DiscretionaryFutures-0.98%
NTPC Ltd.EnergyFutures-1.05%
Bharti Airtel Ltd.CommunicationFutures-1.19%
Hindalco Industries Ltd.Metals & MiningFutures-1.23%
Bajaj Finserv Ltd.FinancialFutures-1.24%
ICICI Bank Ltd.FinancialFutures-1.58%
Reliance Industries Ltd.EnergyFutures-3.02%
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+15.4%+13.5%+12.2%+11.7%
Category average (Hybrid Multi Asset Allocation)+17.8%+16.1%+11.5%--
Rank (Hybrid Multi Asset Allocation)179----

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

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

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.

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.

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 ₹9,52,320 Cr and the Latest NAV as of 16 Mar 2026 is ₹82.18. 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₹9,52,319.77 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,