3 Year return

15.83%
Launched on January 2013 (11 years)

Investment Details

₹100

Minimum SIP Amount

₹100

Minimum one time investment

Fund has no lock-in period

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Risk Involved

scale

Your principal will be at

Very High Risk

Scheme Information

Asset Under Management

₹3141.18 Cr.

Expense Ratio

0.82% (inclusive of GST)

Exit Load

In respect of each purchase/switch-in of Units, 15% of the units (the limit) may be redeemed without any Exit Load from the date of allotment 1.00% - If Units are redeemed / switched-out within 12 months from the date of allotment. Nil - If Units are redeemed / switched-out after 12 months from the date of allotment.

Ratings

ARQ Rating
4.5

Ratings by other agencies

4
0
0

Tax Implications

Withdrawal within 1 year:

15% tax on gains

Withdrawal after 1 year:

10% tax on gains above ₹1 lakh per financial year

Fund Holdings

Holdings

HDFC Mutual Fund Managers

SR

Srinivasan Ramamurthy

Fund Manager since Jan 2022

View Details

Fund House Details

HDFC Mutual Fund

HDFC Mutual Fund Asset management company

AUM ₹676,798.02 Cr.
No. of Schemes 167
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by HDFC Mutual Fund

List of mutual fund schemes by AMC

About HDFC Multi Asset Fund Growth Direct Plan

HDFC Multi Asset Fund Growth Direct Plan is a hybrid mutual fund scheme under HDFC Mutual Fund. The scheme is benchmarked against NIFTY Composite Debt Index, and is an open-ended multi asset allocation scheme. The fund invests across market capitalizations and typically adheres to a growth-oriented style of investing. Due to the hybrid nature of HDFC Multi Asset Fund Growth Direct Plan, investments are diversified across a variety of asset classes in an attempt to maximise returns while minimising risk.

Investment Objective of the Scheme

HDFC Multi Asset Fund Growth Direct Plan invests in a diversified portfolio of equities and equity-related assets, debt and money market instruments, and gold with the objective to generate long-term capital appreciation and income. The fund invests its money across various sectors and adheres to a focused investment strategy to ensure long term capital growth.

Key Features of The Fund

5-year return 17%
Expense Ratio 0.82%
Fund Manager Srinivasan Ramamurthy
Fund Size ₹3141.18 Cr
Risk Profile Very High

Is This Scheme Right for Me?

HDFC Multi Asset Fund Growth Direct Plan may be appropriate for risk-takers with a portfolio geared towards long-term capital growth. If that sounds like what you see at the moment, you could consider investing in this scheme. Additionally, this mutual fund scheme has a recommended investment horizon of three years or longer, so make sure to decide based on your financial goals and risk tolerance.

AMC Contact Details

Name HDFC Mutual Fund
Launch Date July 2000
Addresss "HDFC House", 2nd Floor, H. T. Parekh Marg, 165-166, Backbay Reclamation, Churchgate, Mumbai - 400020
Contact 1800 3010 6767 1800 419 7676
Email hello@hdfcfund.com
Website https://www.hdfcfund.com/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

Take the Guessing out of Investing

Compounding in SIP can make it difficult to estimate the expected returns in a mutual fund. The process of guessing can be replaced with estimating as Angel One's free SIP calculator gives you the approximate amount to be expected. The SIP calculator online takes into consideration the principle of compounding and gives your return amount depending on variables such as years, SIP amount as well as the expected rate of return.

FAQs

What is today's NAV of HDFC Multi Asset Fund?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of HDFC Multi Asset Fund Jul 12 2024 is 73.336

What is the AUM of HDFC Multi Asset Fund?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of HDFC Multi Asset Fund is 3141.18 crore.

What is the expense ratio of HDFC Multi Asset Fund?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of HDFC Multi Asset Fund is 0.82%

What are the returns of HDFC Multi Asset Fund since inception?

The HDFC Multi Asset Fund was launched on Jan 01 2013. The fund has delivered a CAGR of 12.35 since inception.

What is the minimum SIP amount to invest in HDFC Multi Asset Fund?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for HDFC Multi Asset Fund is 100.

How do I invest in HDFC Multi Asset Fund?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in HDFC Multi Asset Fund?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in HDFC Multi Asset Fund?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in HDFC Multi Asset Fund?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.