HDFC Multi-Asset Fund - Direct Plan - Growth

Regular

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.
Direct

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.

Category : Multi Asset Allocation

Fund House : HDFC Mutual Fund

NAV

This number shows latest NAV (Net Asset Value) and change in the NAV from previous day. NAV is nothing but the unit price for the fund. You will be allocated number of units based on this price. NAV is declared once each day generally at the end of the day. Once you invest in mutual funds, your money is further invested in stocks and bonds by mutual fund managers. Mutual Fund NAV is the per unit latest value of all such stocks/bonds held in the portfolio

: ₹ 51.542 -0.17%
(as on 20th January, 2022)

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Crisil Rank

Not Ranked

Rank not available for the fund

Fund Size

: ₹ 1396.24 Cr

(7.14% of Investment in Category)

Expense Ratio

: 0.96%

(0.82% Category average)

Risk-O-Meter

High

Multi Asset Allocation :Multi Asset Allocation : Fund has 65.75% investment in indian stocks of which 44.41% is in large cap stocks, 4.56% is in mid cap stocks, 2.43% in small cap stocks.Fund has 12.75% investment in Debt of which 10.19% in Government securities, 2.2% in funds invested in very low risk securities..

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This Scheme

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Nifty 50

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NA
4.63%

1.43%

10.52%

23.9%

22.31%

13.7%

14.51%

NA
Gold

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Returns Calculator
SIP Calculator
VIP (Value Avg)

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Annualised Returns

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Returns (NAV as on 20th January, 2022)

Period Invested for	₹10000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	13-Jan-22	9896.50	-1.03%	-	-0.76%	8/10
1 Month	20-Dec-21	10336.90	3.37%	-	4.63%	8/10
3 Month	20-Oct-21	10148.50	1.49%	-	1.43%	4/10
6 Month	20-Jul-21	10904.20	9.04%	-	10.52%	7/10
YTD	31-Dec-21	10089.30	0.89%	-	1.86%	9/10
1 Year	20-Jan-21	11858.80	18.59%	18.59%	23.90%	7/10
2 Year	20-Jan-20	14433.50	44.34%	20.11%	22.31%	4/7
3 Year	18-Jan-19	16106.40	61.06%	17.17%	18.69%	4/7
5 Year	20-Jan-17	17826.30	78.26%	12.25%	13.70%	4/7
Since Inception	01-Jan-13	26916.00	169.16%	11.55%	14.51%	6/10

Returns Calculator Detailed Returns Analysis

SIP Returns (NAV as on 20th January, 2022)

Period Invested for	₹1000 SIP Started on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	20-Jan-21	12000	13260.45	10.5 %	19.92 %
2 Year	20-Jan-20	24000	30925.93	28.86 %	26.41 %
3 Year	18-Jan-19	36000	49608.44	37.8 %	21.92 %
5 Year	20-Jan-17	60000	89272.53	48.79 %	15.87 %

SIP Calculator Detailed Returns Analysis

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.|If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Portfolio (Updated on 31st Dec,2021)

Portfolio Turnover Ratio : 19.00% | Category average turnover ratio is 355.89%

Fund manager updated portfolio less frequently than peers in last 1 year. (I.e. fund manager held stocks/bonds in the portfolio for longer duration than peers)

Equity Holding : 65.75% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 65.75%

No of Stocks : 65 (Category Avg - 57.10) | Large Cap Investments : 44.41%| Mid Cap Investments : 4.56% | Small Cap Investments : 2.43% | Other : 14.35%

Top 10 Stocks in Portfolio

How to read this table?

Stock Invested in	Sector	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty
Infosys Ltd.	Computers - software	884.6	6.34%	1.26%	6.34% (Dec 2021)	4.77% (Apr 2021)	4.69 L	76.00 k
HDFC Bank Ltd.	Banks	761.2	5.45%	-0.07%	8.03% (Jan 2021)	5.33% (Oct 2021)	5.15 L	26.00 k
ICICI Bank Ltd.	Banks	759.1	5.44%	0.20%	6.34% (Jan 2021)	3.8% (Aug 2021)	10.26 L	55.24 k
Housing Development Finance Corporation Ltd.	Housing finance	511.5	3.66%	-0.34%	4.28% (Sep 2021)	3.32% (Jan 2021)	1.98 L	0.00
Axis Bank Ltd.	Banks	497.7	3.56%	-0.08%	4.17% (Sep 2021)	2.01% (Jan 2021)	7.33 L	0.00
FSN E-Commerce Ventures Ltd.	Personal care	424.6	3.04%	-0.69%	3.73% (Nov 2021)	0% (Jan 2021)	2.02 L	0.00
Reliance Industries Ltd.	Refineries/marketing	354.6	2.54%	-0.18%	4.76% (Jan 2021)	2.54% (Dec 2021)	1.50 L	0.00
Tata Steel Ltd.	Steel	340.4	2.44%	-0.04%	3.38% (Aug 2021)	0.71% (Jan 2021)	3.06 L	0.00
Hindustan Unilever Ltd.	Diversified	311.7	2.23%	-0.09%	2.76% (Jun 2021)	1.05% (Feb 2021)	1.32 L	0.00
Adani Ports And Special Economic Zone Ltd.	Port	273.9	1.96%	0.02%	2.53% (Aug 2021)	0% (Jan 2021)	3.75 L	0.00

- indicates change in weight in the portfolio. # indicates a new entry.

Detailed Portfolio Analysis

No of Debt Holding 17 (Category Avg - 9.60) | Modified Duration 0.18 Years (Category Avg - 2.20)| Yield to Maturity - -- (Category Avg - 4.67%)

Type of Holdings

Security Type	% Weight	Category Average
GOI	8.06%	7.66%
CD	0.00%	0.34%
T-Bills	2.13%	2.15%
NCD & Bonds	2.56%	6.84%

Investment / Portfolio Grades

Security Type	% Weight	Category Average
Government Backed	10.19%	9.81%
Low Risk	2.20%	7.15%
Moderate Risk	0.36%	0.04%
High Risk	0.00%	0.00%
Very High Risk	0.00%	0.00%
Others	0.00%	0.00%

Detailed Portfolio Analysis

Name	Type of Instrument	Weight (%)
MF Units	MF Units	10.98%
TREPS	TREPS	6.28%
Reverse Repo	Reverse Repo	1.77%
Powergrid Infrastructure Investment Trust	InvITs	1.53%
Brookfield India Real Estate Trust	InvITs	1.06%

Detailed Portfolio Analysis

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 31st December, 2021)

Standard Deviation
Standard Deviation value gives an idea about how volatile fund returns has been in the past 3 years. Lower value indicates more predictable performance. So if you are comparing 2 funds (lets say Fund A and Fund B) in the same category. If Fund A and Fund B has given 9% returns in last 3 years, but Fund A standard deviation value is lower than Fund B. So you can say that there is a higher chance that Fund A will continue giving similar returns in future also whereas Fund B returns may vary.

High volatility

13.08vs9.53

Category Avg
Beta
Beta value gives idea about how volatile fund performance has been compared to similar funds in the market. Lower beta implies the fund gives more predictable performance compared to similar funds in the market. So if you are comparing 2 funds (lets say Fund A and Fund B) in the same category. If Fund A and Fund B has given 9% returns in last 3 years, but Fund A beta value is lower than Fund B. So you can say that there is a higher chance that Fund A will continue giving similar returns in future also whereas Fund B returns may vary.

High volatility

0.58vs0.37

Category Avg
Sharpe Ratio
Sharpe ratio indicates how much risk was taken to generate the returns. Higher the value means, fund has been able to give better returns for the amount of risk taken. It is calculated by subtracting the risk-free return, defined as an Indian Government Bond, from the fund's returns, and then dividing by the standard deviation of returns. For example, if fund A and fund B both have 3-year returns of 15%, and fund A has a Sharpe ratio of 1.40 and fund B has a Sharpe ratio of 1.25, you can chooses fund A, as it has given higher risk-adjusted return.

Better risk adjusted returns

0.91vs0.64

Category Avg
Treynor's Ratio
Treynor's ratio indicates how much excess return was generated for each unit of risk taken. Higher the value means, fund has been able to give better returns for the amount of risk taken. It is calculated by subtracting the risk-free return, defined as an Indian Government Bond, from the fund's returns, and then dividing by the beta of returns. For example, if fund A and fund B both have 3-year returns of 15%, and fund A has a Treynor's ratio of 1.40 and fund B has a Treynor's ratio of 1.25, then you can chooses fund A, as it has given higher risk-adjusted return.

Better risk adjusted returns

0.21vs0.19

Category Avg
Jension's Alpha
Alpha indicates how fund generated additional returns compared to a benchmark. Let's say if a fund A benchmarks its returns with Nifty50 returns then alpha equal to 1.0 indicates the fund has beaten the nifty returns by 1%, so the higher the alpha, the better.

Better risk adjusted returns

3.99vs3.43

Category Avg

Alternative Funds (Category Peers)

Scheme Name	Crisil Rank	Asset Size (Cr)	1M	3M	6M	1Y	3Y
Quant Multi Asset Fund - Direct Plan - Growth	NA	171.54	8.83	7.31	15.58	65.20	32.15
ICICI Prudential Multi-Asset Fund - Direct Plan - Growth	4	12320.77	7.55	1.56	18.36	34.90	19.43
Axis Triple Advantage Fund - Direct Plan - Growth	NA	1649.77	5.27	1.12	12.95	24.91	21.40
Tata Multi Asset Opportunities Fund - Direct Plan - Growth	NA	1213.10	5.30	1.91	10.68	23.67	0.00
Navi 3 in 1 Fund - Direct Plan - Growth	NA	18.07	6.07	0.58	14.26	22.26	16.47
Nippon India Multi Asset Fund - Direct Plan - Growth	NA	1195.08	3.65	-0.19	9.59	18.83	0.00
SBI Multi Asset Allocation Fund - Direct Plan - Growth	NA	505.26	2.53	0.10	5.53	13.39	13.47
UTI Multi Asset Fund - Direct Plan - Growth	NA	876.28	3.39	-0.03	6.28	11.80	10.73
Motilal Oswal Multi Asset Fund - Direct Plan - Growth	NA	216.68	0.36	0.46	2.87	5.40	0.00

Detailed Comparison

More Funds from HDFC Mutual Fund

Out of 80 mutual fund schemes offered by this AMC, 1 is/are ranked 5 * , 3 is/are ranked 4 * , 10 is/are ranked 3 * , 10 is/are ranked 2 * , 4 is/are ranked 1 * , and 52 schemes are not ranked. See more about AMC

Scheme Name	Crisil Rank	Asset Size (Cr)	1M	3M	6M	1Y	3Y
HDFC Liquid Fund - Direct Plan - Growth	2	53137.01	0.29	0.88	1.71	3.36	4.63
HDFC Balanced Advantage Fund - Direct Plan - Growth	4	41282.13	6.85	-0.04	10.51	26.43	15.55
HDFC Mid-Cap Opportunities Fund - Direct Plan - Growth	2	31441.67	9.11	1.39	13.70	40.02	22.52
HDFC Corporate Bond Fund - Direct Plan - Growth	4	28108.67	-0.11	0.72	2.09	4.33	8.69
HDFC Flexi Cap Fund - Direct Plan - Growth	2	26628.02	9.82	0.20	16.15	34.69	18.09
HDFC Floating Rate Debt Fund - Direct Plan - Growth	3	23584.18	0.35	0.68	2.00	4.55	7.38
HDFC Top 100 Fund - Direct Plan - Growth	1	20965.66	8.13	-1.89	13.88	25.45	15.39
HDFC Low Duration Fund - Direct Plan - Growth	3	19526.67	0.32	0.81	2.01	4.36	7.11
HDFC Hybrid Equity Fund - Direct Plan - Growth	2	18447.88	5.61	-0.02	10.01	24.51	16.93
HDFC Hybrid Equity Fund - Direct Plan - Growth (Adjusted NAV)	NA	18447.88	5.61	-0.02	10.01	24.51	16.93