Mutual Funds
AMC
HDFC Multi-Asset Allocation Fund - Direct (G)

HDFC Multi-Asset Allocation Fund - Direct (G)

NAV
84.92(-0.77%)
Fund Size (CR)
₹5,459.66
Expense Ratio
0.8
Scheme Type
Active Fund
Value Research

Min. investment
₹100
Minimum Additional Investment
₹100
Minimum SIP Investment
₹100
Minimum Withdrawal
₹100
Exit Load
1% of applicable Net Asset Value - If the amount sought to be redeemed or switch out is invested for a period of up to 3 months from the date of allotment Nil - If the amount, sought to be redeemed or switch out is invested for a period of more than 3 months from the date of allotment
1%
Return Since Launch
12.14%

Absolute Return: 2.05%

Annualized Return: 0%

1% of applicable Net Asset Value - If the amount sought to be redeemed or switch out is invested for a period of up to 3 months from the date of allotment Nil - If the amount, sought to be redeemed or switch out is invested for a period of more than 3 months from the date of allotment

Basic Details

Scheme Manager

Srinivasan Ramamurthy

Bench Mark

65% Nifty 50 TRI + 22.5% Nifty Composite Debt Index + 10% Domestic Price of Gold + 2.5% Domestic Price of Silver

Type

OPEN

Lumpsum Returns

Period Invested For	₹10,000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	14 January 2026	10075.82	0.76%	-	0.99%	78/132
1 Month	19 December 2025	10138.60	1.39%	-	2.84%	103/132
3 Month	20 October 2025	10212.52	2.13%	-	4.55%	100/124
6 Month	21 July 2025	10712.85	7.13%	-	10.60%	92/112
1 Year	21 January 2025	11634.54	16.35%	16.35%	21.22%	84/104
3 Year	20 January 2023	15724.34	57.24%	16.25%	18.83%	37/42
5 Year	21 January 2021	19746.67	97.47%	14.57%	16.96%	29/38
Since Inception	1 January 2013	44694.30	346.94%	12.14%	15.44%	92/132

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For	₹10,000 Invested on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	3 February 2025	1,20,000	128937.05	7.45%	7.45%
3 Year	1 February 2023	3,60,000	447420.38	24.28%	7.52%
5 Year	1 February 2021	6,00,000	861750.34	43.63%	7.51%
10 Year	1 February 2016	12,00,000	2481936.13	106.83%	7.54%

Note: SIP Returns since Inception Date.

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%.

Mutual Funds Calculator

Investment type
Scheme based

SIP
Lumpsum

Monthly Investment (₹)

Minimum value allowed is 500

Expected Returns Rate (%)

Minimum value allowed is 1

Time Period (in Years)

Minimum value allowed is 1

Start your SIP now

Invested Amount
₹25,000
Estimated Returns
₹19,059

76%

Returns

Future value of your investment

₹44,059

Risk Ratios

1.66%

Standard Deviation

0.49%

Beta

1.67%

Sharpe Ratio

0.08%

Treynor's Ratio

6.57%

Jension's Alpha

Asset Allocation

Sector Allocation

Top 10 stock holding in portfolio

Stock Invested in	% of Total Holdings	Quantity	Value (Cr)	Asset Type	Segment
Reliance Industr	5.80%	2016500	316.67	Equity	Refineries
ICICI Bank	5.47%	2225700	298.89	Equity	Banks
HDFC Bank	4.80%	2641200	261.80	Equity	Banks
SBI	2.83%	1575000	154.70	Equity	Banks
Bharti Airtel	2.82%	731925	154.11	Equity	Telecom-Service
Maruti Suzuki	1.95%	63800	106.53	Equity	Automobile
Axis Bank	1.86%	800000	101.55	Equity	Banks
Infosys	1.78%	600000	96.92	Equity	IT - Software
TCS	1.76%	300000	96.19	Equity	IT - Software
Larsen & Toubro	1.74%	232050	94.76	Equity	Infrastructure Developers & Operators

Peer Comparison

Scheme Name	Asset Size (Cr)	1M	3M	6M	1Y	3Y
HDFC Multi-Asset Allocation Fund - Direct (G)	5459.66	1.39%	2.13%	7.13%	16.35%	16.25%
Kotak Multi Asset Allocation Fund - Direct (IDCW)	10836.15	6.50%	10.54%	21.61%	31.51%	-
Kotak Multi Asset Allocation Fund - Direct (G)	10836.15	6.50%	10.54%	21.60%	31.50%	-
DSP Multi Asset Allocation Fund - Direct (G)	6440.17	4.25%	7.15%	16.13%	28.22%	-
DSP Multi Asset Allocation Fund - Direct (IDCW)	6440.17	4.25%	7.15%	16.13%	28.22%	-
Invesco India Multi Asset Allocation Fund-Dir (IDCW)	685.53	4.55%	7.85%	15.43%	27.81%	-

List of Schemes under HDFC Mutual Fund

Fund Name	Category	Risk	1Y Returns	Ratings	Fund Size (Cr)
HDFC Banking & Financial Services Fund	Equity	Very High	21.54%	4	₹4,488.88
HDFC Technology Fund	Equity	Very High	-1.87%	0	₹1,624.17
HDFC Balanced Advantage Fund	Hybrid	Very High	7.44%	5	₹1,08,205.06
HDFC NIFTY100 Low Volatility 30 Index Fund	Other	Very High	8.83%	0	₹298.03
HDFC NIFTY Midcap 150 Index Fund	Other	Very High	6.06%	0	₹489.52
HDFC Multi-Asset Active FOF	Other	High	17.29%	4	₹5,533.49
HDFC Non-Cyclical Consumer Fund	Equity	Very High	3.16%	0	₹1,068.61
HDFC Developed World Overseas Equity Passive FOF	Other	Very High	25.2%	0	₹1,491.77
HDFC NIFTY Realty Index Fund	Other	Very High	-13.03%	0	₹112.46
HDFC Nifty G-Sec July 2031 Index Fund	Other	Moderately High	7.45%	0	₹667.65
HDFC Nifty SDL Oct 2026 Index Fund	Other	Moderate	7.34%	0	₹186.00
HDFC Mid Cap Fund	Equity	Very High	11.07%	5	₹92,641.55
HDFC Ultra Short Term Fund	Debt	Moderate	6.99%	2	₹18,183.24
HDFC Credit Risk Debt Fund	Debt	Moderately High	7.98%	3	₹6,946.94
HDFC Small Cap Fund	Equity	Very High	0.4%	4	₹37,753.13
HDFC Nifty G-Sec Sep 2032 Index Fund	Other	Moderately High	7.32%	0	₹641.08
HDFC Retirement Savings Fund-Hybrid Debt	Solution Oriented	Moderately High	6.13%	3	₹160.50
HDFC Hybrid Debt Fund	Hybrid	Moderately High	5.55%	4	₹3,333.48
HDFC Gilt Fund	Debt	Moderate	4.77%	4	₹2,757.90
HDFC Equity Savings Fund	Hybrid	Moderately High	7.77%	3	₹5,897.05
HDFC Retirement Savings Fund-Hybrid Equity	Solution Oriented	Very High	6.47%	4	₹1,744.00
HDFC Hybrid Equity Fund	Hybrid	Very High	6.31%	3	₹24,528.44
HDFC Children's Fund	Solution Oriented	Very High	3.26%	4	₹10,615.12
HDFC Nifty 100 Equal Weight Index Fund	Other	Very High	8.9%	4	₹421.26
HDFC Pharma and Healthcare Fund	Equity	Very High	3.5%	0	₹1,983.91
HDFC Income Plus Arbitrage Active FOF	Other	High	3.81%	0	₹2,569.28
HDFC Housing Opportunities Fund	Equity	Very High	4.21%	0	₹1,277.71
HDFC NIFTY SDL Plus G-Sec Jun 2027 40:60 IF	Other	Moderate	7.62%	0	₹49.32
HDFC BSE Sensex Index Fund	Other	Very High	9.05%	2	₹9,187.06
HDFC Nifty 100 Index Fund	Other	Very High	9.49%	2	₹403.54
HDFC Nifty LargeMidcap 250 Index Fund	Other	Very High	7.95%	0	₹420.95
HDFC Nifty G-Sec Jun 2027 Index Fund	Other	Moderately High	7.59%	0	₹747.36
HDFC Nifty Top 20 Equal Weight Index Fund	Other	Very High	0%	0	₹86.59
HDFC CRISIL-IBX Financial Services 3-6 Months Debt Index Fund	Other	Moderately Low	0%	0	₹1,116.30
HDFC Infrastructure Fund	Equity	Very High	3.48%	4	₹2,452.15
HDFC Large and Mid Cap Fund	Equity	Very High	7.87%	4	₹28,979.87
HDFC Large Cap Fund	Equity	Very High	8.82%	5	₹40,604.33
HDFC MNC Fund	Equity	Very High	2.64%	0	₹574.09
HDFC Nifty G-Sec Dec 2026 Index Fund	Other	Moderate	7.18%	0	₹1,149.11
HDFC Low Duration Fund	Debt	Moderate	7.4%	3	₹24,935.92
HDFC Silver ETF Fund of Fund	Other	Very High	250.44%	0	₹3,281.00
HDFC NIFTY50 Equal Weight Index Fund	Other	Very High	12.9%	4	₹1,630.41
HDFC Long Duration Debt Fund	Debt	Moderately High	2.12%	0	₹4,124.19
HDFC Arbitrage Fund	Hybrid	Low	6.89%	3	₹24,030.89
HDFC Nifty G-Sec Jun 2036 Index Fund	Other	High	6.88%	0	₹939.84
HDFC Nifty 100 Quality 30 Index Fund	Other	Very High	0%	0	₹161.62
HDFC Defence Fund	Equity	Very High	12.54%	0	₹7,390.95
HDFC NIFTY200 Momentum 30 Index Fund	Other	Very High	2.35%	0	₹667.14
HDFC Transportation and Logistics Fund	Equity	Very High	22.98%	0	₹1,759.80
HDFC NIFTY Smallcap 250 Index Fund	Other	Very High	-5.98%	0	₹565.26
HDFC Arbitrage Fund	Hybrid	Low	6.89%	0	₹24,030.89
HDFC Corporate Bond Fund	Debt	Moderate	6.69%	4	₹34,106.76
HDFC Banking and PSU Debt Fund	Debt	Moderately Low	7.11%	4	₹5,666.17
HDFC BSE 500 Index Fund	Other	Very High	7.06%	0	₹256.31
HDFC Overnight Fund	Debt	Low	5.69%	2	₹11,157.54
HDFC Gold ETF Fund of Fund	Other	Very High	101.31%	3	₹8,501.18
HDFC Dynamic Debt Fund	Debt	Moderate	4.73%	3	₹684.79
HDFC Liquid Fund	Debt	Moderately Low	6.47%	3	₹63,820.13
HDFC Nifty India Digital Index Fund	Other	Very High	1.87%	0	₹173.94
HDFC Multi-Asset Allocation Fund	Hybrid	Very High	16.35%	3	₹5,459.66
HDFC BSE India Sector Leaders Index Fund	Other	Very High	0%	0	₹225.21
HDFC Nifty G-Sec Apr 2029 Index Fund	Other	Moderately High	8.53%	0	₹174.51
HDFC Nifty 50 Index Fund	Other	Very High	10.32%	3	₹22,718.37
HDFC Retirement Savings Fund - Equity	Solution Oriented	Very High	6.65%	5	₹7,085.71
HDFC Tax Saver Fund	Equity	Very High	11.54%	5	₹17,163.37
HDFC Business Cycle Fund	Equity	Very High	4.21%	0	₹2,801.48
HDFC Dividend Yield Fund	Equity	Very High	4.35%	0	₹6,104.64
HDFC Value Fund	Equity	Very High	10.86%	2	₹7,651.59
HDFC Diversified Equity All Cap Active FOF	Other	Very High	0%	0	₹1,899.55
HDFC Innovation Fund	Equity	Very High	0%	0	₹2,707.09
HDFC Flexi Cap Fund	Equity	Very High	14.04%	5	₹96,294.99
HDFC Focused Fund	Equity	Very High	13.36%	5	₹26,537.49
HDFC Short Term Debt Fund	Debt	Moderate	7.57%	5	₹17,764.32
HDFC Floating Rate Debt Fund	Debt	Moderate	7.53%	4	₹16,733.42
HDFC Multi Cap Fund	Equity	Very High	4.11%	4	₹19,884.94
HDFC Nifty500 Multicap 50:25:25 Index Fund	Other	Very High	4.8%	0	₹438.33
HDFC Medium Term Debt Fund	Debt	Moderately High	7.73%	3	₹3,867.56
HDFC NIFTY Next 50 Index Fund	Other	Very High	5.95%	1	₹2,159.44
HDFC Income Fund	Debt	Moderate	5.25%	3	₹880.01
HDFC Money Market Fund	Debt	Moderate	7.32%	3	₹32,381.92
HDFC Manufacturing Fund	Equity	Very High	6.74%	0	₹11,014.17

News

HDFC MF announces Income Distribution cum Capital Withdrawal (IDCW) under its schemes
HDFC Mutual Fund has announced 20 January 2026 as the record date for declaration of Income Distribution cum Capital Withdrawal (IDCW) on the face value of Rs 10 per unit under the regular plan IDCW & monthly IDCW option and direct plan IDCW & monthly IDCW option of HDFC Arbitrage Fund. The amount of distribution (Rs per unit) will be:
HDFC Arbitrage Fund ' Wholesale Plan ' Regular Plan ' Normal IDCW Option (Payout & Reinvestment): 0.050
HDFC Arbitrage Fund ' Wholesale Plan ' Direct Plan ' Normal IDCW Option (Payout & Reinvestment): 0.050
HDFC Arbitrage Fund ' Wholesale Plan ' Regular Plan ' Monthly IDCW Option (Payout & Reinvestment): 0.050
HDFC Arbitrage Fund ' Wholesale Plan ' Direct Plan ' Monthly IDCW Option (Payout & Reinvestment): 0.050
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HDFC Mutual Fund Change in Minimum Redemption Amount
HDFC Mutual Fund announces that the Minimum Redemption Amount for HDFC Liquid Fund and HDFC Overnight Fund stands modified as under with effect from January 15, 2026.

Scheme Name(s) Existing Provision Revised Provision

HDFC Liquid Fund and HDFC Overnight Fund Minimum IAF request amount shall Rs.5,000/- Minimum IAF request amount shall be Rs.50/-

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Scheme Name(s)	Existing Provision	Revised Provision
HDFC Liquid Fund and HDFC Overnight Fund	Minimum IAF request amount shall Rs.5,000/-	Minimum IAF request amount shall be Rs.50/-

HDFC Mutual Fund announces change in Key Personnel
HDFC Mutual Fund has announced that Ms. Roshi Jain, Senior Fund Manager - Equities has resigned from the services of HDFC Asset Management Company Limited ('HDFC AMC') and accordingly, has ceased to be a Key Personnel of HDFC AMC with effect from close of business hours of December 31, 2025.
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Fund House Details & Investment Objective

Date of Incorporation

1 January 2013

Total AUM (Cr)

₹5459.66

HDFC Multi-Asset Allocation Fund - Direct (G) is an Multi Asset Allocation-oriented fund from the renowned AMC, HDFC Mutual Fund. Launched in 1 January 2013, this fund is managed by Srinivasan Ramamurthy. With assets under management (AUM) worth ₹5,459.66 (Cr), as of 22 January 2026, HDFC Multi-Asset Allocation Fund - Direct (G) is categorized as a Multi Asset Allocation within its segment. The fund has generated a return of 12.14% since its launch.
The current NAV of HDFC Multi-Asset Allocation Fund - Direct (G) is ₹84.93, as on 22 January 2026. The fund's benchmark index is 65% Nifty 50 TRI + 22.5% Nifty Composite Debt Index + 10% Domestic Price of Gold + 2.5% Domestic Price of Silver. You can invest in HDFC Multi-Asset Allocation Fund - Direct (G) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹100 while the minimum lumpsum investment is ₹100.

Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
The fund has generated 16.25% and 14.57% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 68.45% in Equity, 19.93% in Debt and 11.62% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 20.25% in Debt, 17.34% in Banks, 11.62% in Others, 6.24% in Petroleum Products, 5.87% in Automobiles