HDFC Multi-Asset Active FoF
- NAV as on 24 Sep 2026
- ₹19.26-1.18%1 day
- Return since launch
- 13.1%
- 52-week range
- ₹17.99 — ₹19.93
- AUM
- ₹6,200 Cr
HDFC Multi-Asset Active FoF is a Multi Asset Allocation hybrid fund from HDFC Mutual Fund with ₹6,200 Cr under management, launched in 2021. Over three years it has returned 7.7% a year, against 13.2% for its category. The expense ratio is 1.12% and the SEBI riskometer reading is High.
Performance
HDFC Multi-Asset Active FoF NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +3.5% against +7.3% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 0.6% | −6.4 pts | 7.0% | 2.8% |
| 2Y | 5.1% | −2.4 pts | 7.5% | 7.9% |
| 3Y | 7.7% | −5.5 pts | 13.2% | 9.8% |
| 5Y | 11.2% | −0.2 pts | 11.4% | 12.1% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -3.4% | −0.2 pts | -3.1% | -3.2% |
| 3M | 0.2% | −0.2 pts | 0.5% | 0.8% |
| 6M | 4.2% | −0.5 pts | 4.7% | 5.2% |
| 1Y | 3.5% | −3.5 pts | 7.0% | 7.4% |
| 2Y | 5.1% | −1.1 pts | 6.3% | 6.6% |
| 3Y | 11.9% | −1.3 pts | 13.2% | 13.3% |
| 5Y | 11.4% | 0.0 pts | 11.4% | 11.0% |
Since launch (16 Apr 2021): 13.1%
Calendar-year returns
Category averageShow as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 13.7% | −3.1 pts | 16.8% |
| 2024 | 13.8% | −2.6 pts | 16.4% |
| 2023 | 21.2% | −1.1 pts | 22.3% |
| 2022 | 9.1% | +2.8 pts | 6.2% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
1.12%
Expense ratio as on 16 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.95%
- Brokerage
- 0.00%
- Transaction charges
- 0.00%
- Statutory levies
- 0.17%
- Exit load
- Exit Load for units in excess of 15% of the investment,1% will be charged for redemption within 365 days.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NA
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Your principal is treated as being at high risk — typically diversified and large cap equity schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | — | — | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | — | 0.74 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.95 | 1.26 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 1.00 | 1.61 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 7.53 | 9.42 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
HDFC Multi-Asset Active FoF portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity56.4%
- Debt25.9%
- Commodities11.9%
- Other5.8%
Market cap split
- Large65.1%
- Mid18.4%
- Small16.5%
- P/E
- 23.41
- P/B
- 3.31
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| HDFC Large Cap Fund Direct-Growth | Unclassified | 18.82% | ₹1,167 Cr | +18.12% | +17.24% | +16.49% |
| HDFC Flexi Cap Direct Plan-Growth | Unclassified | 17.63% | ₹1,093 Cr | +16.21% | +15.02% | +16.61% |
| HDFC Gold ETF | Unclassified | 12.04% | ₹747 Cr | +11.73% | +11.02% | +10.44% |
| HDFC Short Term Fund Direct Plan-Growth | Unclassified | 8.68% | ₹538 Cr | +9.02% | +9.04% | +11.28% |
| HDFC Corporate Bond Fund Direct Plan-Growth | Unclassified | 7.59% | ₹470 Cr | +7.86% | +8.97% | +12.31% |
| HDFC Small Cap Fund Direct- Growth | Unclassified | 5.95% | ₹369 Cr | +5.96% | +4.72% | +2.87% |
| company:-1 | Unclassified | 3.91% | ₹242 Cr | +4.04% | +4.04% | +3.91% |
| HDFC Banking & Financial Services Fund Direct - Growth | Unclassified | 3.67% | ₹228 Cr | +3.66% | +2.93% | +2.64% |
| HDFC Large & Mid Cap Fund Direct-Growth | Unclassified | 3.11% | ₹193 Cr | +3.11% | +2.97% | +0.47% |
| HDFC Technology Fund Direct - Growth | Unclassified | 3.09% | ₹192 Cr | +3.00% | +2.87% | +0.98% |
| HDFC Ultra Short to Short Term Fund Direct-Growth | Unclassified | 2.69% | ₹167 Cr | +5.07% | +5.06% | +4.13% |
| HDFC Mid Cap Fund Direct-Growth | Unclassified | 2.57% | ₹160 Cr | +2.54% | +2.59% | +2.73% |
| HDFC Medium to Long Term Fund Direct-Growth | Unclassified | 2.51% | ₹156 Cr | +2.59% | +2.62% | +3.27% |
| Others | Others | 1.96% | ₹122 Cr | -0.24% | -0.10% | -0.14% |
| HDFC Consumption Fund Direct-Growth | Unclassified | 1.59% | ₹98.31 Cr | +1.40% | +0.81% | +0.91% |
| HDFC Gilt Fund Direct-Growth | Unclassified | 1.47% | ₹91.03 Cr | +1.52% | +1.54% | +1.92% |
| HDFC Dividend Yield Fund Direct - Growth | Unclassified | 1.22% | ₹75.81 Cr | +0.99% | +1.01% | +0.94% |
| HDFC Infrastructure Fund Direct-Growth | Unclassified | 0.93% | ₹57.63 Cr | +0.99% | +1.01% | +1.15% |
| HDFC Long Term Fund Direct-Growth | Unclassified | 0.57% | ₹35.19 Cr | +0.59% | +0.60% | +0.75% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| HDFC Ultra Short to Short Term Fund Direct-Growth | 3.70% | 2.69% | -1.01% |
| HDFC Gold ETF | 11.25% | 12.04% | +0.79% |
| HDFC Large Cap Fund Direct-Growth | 19.21% | 18.82% | -0.39% |
| HDFC Short Term Fund Direct Plan-Growth | 8.83% | 8.68% | -0.15% |
| HDFC Corporate Bond Fund Direct Plan-Growth | 7.73% | 7.59% | -0.14% |
| HDFC Small Cap Fund Direct- Growth | 6.04% | 5.95% | -0.09% |
| HDFC Technology Fund Direct - Growth | 3.16% | 3.09% | -0.07% |
| HDFC Medium to Long Term Fund Direct-Growth | 2.56% | 2.51% | -0.05% |
| company:-1 | 3.96% | 3.91% | -0.05% |
| HDFC Banking & Financial Services Fund Direct - Growth | 3.71% | 3.67% | -0.04% |
| HDFC Large & Mid Cap Fund Direct-Growth | 3.14% | 3.11% | -0.03% |
| HDFC Gilt Fund Direct-Growth | 1.50% | 1.47% | -0.03% |
| Others | -0.15% | -0.12% | +0.03% |
| HDFC Consumption Fund Direct-Growth | 1.61% | 1.59% | -0.02% |
| HDFC Dividend Yield Fund Direct - Growth | 1.24% | 1.22% | -0.02% |
| HDFC Infrastructure Fund Direct-Growth | 0.95% | 0.93% | -0.02% |
| HDFC Flexi Cap Direct Plan-Growth | 17.64% | 17.63% | -0.01% |
| HDFC Long Term Fund Direct-Growth | 0.58% | 0.57% | -0.01% |
| HDFC Mid Cap Fund Direct-Growth | 2.57% | 2.57% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹7,364 Cr | 1.57% | 5.8% | 12.6% | 15.3% |
 Nippon India Multi Asset Allocation Fund | ₹17,984 Cr | 1.44% | 4.8% | 13.1% | 15.3% |
 WhiteOak Capital Multi Asset Allocation Fund | ₹8,778 Cr | 1.67% | 7.4% | 13.0% | — |
 Quant Multi Asset Allocation Fund | ₹6,528 Cr | 2.32% | 6.8% | 14.1% | 17.4% |
| Nippon India Multi - Asset Omni FoF | ₹3,056 Cr | 1.08% | 4.0% | 10.9% | 14.7% |
 Aditya Birla Sun Life Multi-Asset Omni FoF | ₹478 Cr | 1.33% | 6.0% | 11.8% | 13.8% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeke to capital appreciation by managing the asset allocation between equity oriented, debt oriented and gold ETF schemes.
Fund managers
- Anil BamboliMr. 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.Prior to joining HDFC AMC he has worked with SBI Fund Management for 11 years.
- Bhagyesh KagalkarMr. Kagalkar is a B.E. (Production) and MMS (Finance)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.
- Ihab DalwaiMr. Dalwai is a Chartered Accountant.Prior to joining the HDFC AMC, he was associated with ICICI Prudential AMC.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months4.16% absolute | ₹60,000 | ₹62,496 | 4.16% | |
| 1 year3.53% annualised | ₹1,20,000 | ₹1,22,319 | 1.93% | |
| 3 years11.86% annualised | ₹3,60,000 | ₹4,34,094 | 20.58% | |
| 5 years11.43% annualised | ₹6,00,000 | ₹8,12,006 | 35.33% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.