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4 star

HDFC Multi Asset Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.44 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.83 Lakh

Suitability:

Multi Asset Allocation funds invest your money in a mix of equity shares, bonds and commodities (usually gold) such that each has at least 10 per cent allocation at all times.

We don’t think highly of gold or other commodities as an investment. Read this article to know why. Therefore, we believe that investors can avoid these funds altogether. Instead, they might consider other varieties of hybrid funds — aggressive hybrid, balanced hybrid and conservative hybrid — which invest your money in equity shares and bonds in different proportions. You can choose from these depending upon your investment horizon, return expectations and ability to withstand volatility in the value of your investments.

Taxability of earnings:

The tax treatment of this fund may vary depending upon its asset allocation. It will be taxed in the following manner based on its average asset allocation in the last 12 months.

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

Read more

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 9.60 0.26 0.68 5.51 7.47 12.60 45.01 13.05 11.49 10.68 --
VR Balanced TRI 11.89 0.09 0.48 7.00 5.11 14.91 49.35 13.75 14.26 11.68 --
Hybrid: Multi Asset Allocation 12.74 0.25 0.46 5.07 8.62 14.32 43.46 11.50 10.68 10.60 --
Rank within category 10 9 5 8 8 9 5 4 -- -- --
Number of funds in category 14 18 18 18 15 14 13 11 8 6 0

As on 15-Jun-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
HDFC Multi Asset Fund - Direct Plan  | Invest Online
4 star
Jan-13 45.01 13.05 11.49 0.83 832
Axis Triple Advantage Fund - Direct Plan
5 star
Jan-13 46.54 15.32 13.41 0.58 1,008
ICICI Prudential Multi Asset Fund - Direct Plan  | Invest Now
2 star
Jan-13 50.88 13.86 15.47 1.18 11,730
HDFC Asset Allocator FoF - Direct Plan  | Invest Online
Unrated
May-21 -- -- -- -- 1,243
Nippon India Multi Asset Fund - Direct Plan
Unrated
Aug-20 -- -- -- 0.08 1,049

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 7.12 01-Apr-2020 - 09-Apr-2020 -13.96 11-Mar-2020 - 18-Mar-2020
Month 16.09 24-Mar-2020 - 23-Apr-2020 -27.08 20-Feb-2020 - 23-Mar-2020
Quarter 27.31 23-Mar-2020 - 22-Jun-2020 -24.04 23-Dec-2019 - 23-Mar-2020
Year 64.26 23-Mar-2020 - 23-Mar-2021 -19.92 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 13.27 16.71 0.54 0.62 0.88 0.13
VR Balanced TRI 14.39 18.22 0.55 0.64 -- --
Hybrid: Multi Asset Allocation 12.22 14.14 0.56 0.67 0.68 1.08
Rank within category 4 11 10 11 13 11
Number of funds in category 15 15 15 15 15 15

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-May-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 64
Top 10 Holdings (%) 47.59
Top 5 Holdings (%) 31.91
Top 3 Sectors (%) 28.86
Portfolio P/B Ratio 3.36
Portfolio P/E Ratio 26.93
Avg Credit Rating AAA

Value Research Equity Fund Style

Value Research Debt Fund Style

Credit Rating vis-à-vis Category

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Top Debt Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal 7.27% GOI 2026 GOI Securities SOV 0.00 - 5.84 5.11
equal Powergrid Infrastructure Investment Trust Infrastructure Investment Trust -- 0.00 - 2.38 2.38
equal 6.17% GOI 15/07/2021 GOI Securities SOV 0.00 - 2.44 1.81
equal 9.05% HDFC 16/10/2028 Debenture AAA 0.00 - 3.87 1.36
equal 8.75% Vedanta 30/06/2022 Non Convertible Debenture AA- 0.00 - 2.74 1.21
equal Reserve Bank of India 364-D 11/03/2022 Treasury Bills SOV 0.00 - 1.27 1.17
equal 9.25% Power Finance Corporation Additional Tier 2 Bond AAA 0.66 - 2.31 0.66
equal 9.00% Union Bank of India Additional Tier 1 Bond AA- 0.61 - 2.09 0.61
equal 9.85% Tata International Perpetual Bond A 0.61 - 2.08 0.61
equal 9.50% Inox Wind Infrastructure Services 28/09/2023 Debenture AA 0.00 - 1.59 0.60
equal Reserve Bank of India 364-D 29/07/2021 Treasury Bills SOV 0.00 - 0.79 0.60
equal Reserve Bank of India 364-D 17/03/2022 Treasury Bills SOV 0.00 - 0.64 0.58

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

Sector Allocation vis-à-vis Category

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Top Equity Holdings

Company Sector P/E 3Y High 3Y Low % Assets
up HDFC Bank Financial 25.83 8.54 5.61 6.40
up Infosys Technology 32.43 6.77 3.06 4.79
up ICICI Bank Financial 24.29 6.34 1.63 4.59
equal Axis Bank Financial 31.98 3.92 0.00 3.77
equal HDFC Financial 24.52 4.59 2.71 3.45
equal Reliance Industries Energy 30.97 8.79 2.92 3.22
equal Tata Steel Metals 18.88 2.86 0.00 2.86
equal Hindustan Unilever FMCG 70.27 2.94 0.00 1.65
equal Maruti Suzuki India Automobile 49.34 1.60 0.00 1.60
equal Bharti Airtel Communication -- 4.19 0.38 1.54
equal Adani Ports and Special Economic Zone Services 31.13 1.52 0.00 1.30
equal HCL Technologies Technology 23.99 1.95 0.00 1.20
up SBI Life Insurance Company Financial 68.49 2.11 0.00 1.09
new Persistent Systems Technology 42.99 1.09 0.00 1.09
equal Godrej Consumer Products FMCG 55.49 1.48 0.00 1.09
equal Asian Paints Chemicals 92.94 1.10 0.00 1.07
equal Cipla Healthcare 32.52 1.47 0.00 1.03
equal Power Grid Corporation Energy 12.84 1.55 0.37 1.00
equal NTPC Energy 15.22 1.02 0.00 0.97
equal Dr. Reddy's Lab Healthcare 46.15 1.26 0.00 0.96
up Tata Consumer Products FMCG 77.33 1.54 0.00 0.95
equal Oil & Natural Gas Corporation Energy 173.52 0.97 0.00 0.94
up Balkrishna Industries Automobile 37.34 2.04 0.43 0.88
equal Titan Company Cons Durable 157.26 1.03 0.00 0.87
equal United Spirits FMCG 123.70 0.98 0.00 0.84

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-May-2021

Fund Manager

— Amit Ganatra since 12-Jun-2020

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 HDFC Mutual Fund, he has worked with Invesco Mutual Fund,DBS Cholamandalam AMC Pvt. Ltd. and Fidelity.

Funds Managed:

— Anil Bamboli since 01-Jan-2013

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:

— Arun Agarwal since 24-Aug-2020

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.

Funds Managed:

— Krishan Kumar Daga since 23-May-2018

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:


0.26%

Change from previous, NAV as on 15-Jun-2021

Growth: ₹ 46.7960

IDCW: ₹ 16.4200


Investment Strategy

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.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) 500
Minimum Balance (₹) 1
Lock-in Period Not Applicable
Exit Load For units in excess of 15% of the investment,1% will be charged for redemption within 365 days

Basic Details

Fund House: HDFC Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 11.14%
Benchmark: NIFTY 50 Hybrid Composite Debt 65:35 (90), Domestic Price of Gold (10)
Riskometer: Very High
Type: Open-ended
Assets: ₹ 832 Cr (As on 31-May-2021)
Expense: 0.83% (As on 30-Apr-2021)
Risk Grade: Above Average
Return Grade: Above Average
Turnover: 43.59%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW04-Mar-20211.0000

 01-Mar-20180.7945
 09-Mar-20170.7945
 03-Mar-20160.7223
 12-Feb-20150.8710
 13-Feb-20140.5000
 14-Feb-20130.7500

Contact Information

AMC: HDFC Asset Management Company Ltd

Address: "HDFC House"-2nd Floor, H.T. Parekh Marg - 165-166, Backbay Reclamation, Churchgate Mumbai - 400020

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 022-22821144

Website: http://www.hdfcfund.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

Upcoming Video

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Your investment strategy after the debt fund fiasco

DateFriday, 18-Jun-2021
Time12:30 PM - 01:00 PM