HDFC Multi - Asset-Direct Plan - Growth Option
Min amount: ₹500
- Fund Summary
- More about Fund
- Related funds
- Why Cleartax
|Risk||Very High Risk|
|Fund Type||Multi Asset Allocation|
|Exit Load||1% for 365 Days|
More about this fund
|HDFC Gold Exchange Traded Fund||11.02%|
|HDFC Bank Ltd||6.4%|
|7.27% Govt Stock 2026||5.11%|
|ICICI Bank Ltd||4.59%|
|Axis Bank Ltd||3.77%|
|Housing Development Finance Corp Ltd||3.45%|
|Reliance Industries Ltd Shs Dematerialised||3.22%|
|Tata Steel Ltd||2.86%|
About HDFC Multi-Asset Fund
HDFC Multi-Asset Fund, as the name suggests, allocates the investment in hybrid multi assets. The hybrid mutual fund scheme aims to generate long-term capital appreciation by investing in a diversified portfolio consisting of equity and equity-related instruments, debt instruments, money market instruments, and gold.
Pros and Cons of HDFC Multi-Asset Fund
The one-year, three-year, and five-year returns from the scheme have been higher than the category average returns as observed from the historical patterns. However, the risk-adjusted returns of the scheme have been lower as compared to the other schemes in the category.
Fund Information and Statistics
i) Inception/Launch Date
HDFC Multi-Asset Fund was incepted on 17 August 2005.
ii) Risk Level
The risk associated with HDFC Multi-Asset Fund is moderately high.
You can redeem the units at any time after purchase as a lock-in period is not applicable. However, an exit load may be charged if redeemed within the specified period.
iv) Fund Manager
The current Fund Manager for HDFC Multi-Asset Fund is Mr Amit Ganatra.
v) Entry/Exit Load
As per the announcement of SEBI, entry load is not applicable on the purchase of mutual fund units. However, an exit load of 1% is charged if the units are redeemed/switched out within 12 months from the date of allotment.
About HDFC Mutual Fund
HDFC Mutual Fund was incorporated on 10 December 1999 and got registered with SEBI on 30 June 2000. The sponsors for HDFC Mutual Fund are Housing Development Finance Corporation Limited and Standard Life Investments Limited, while the trustee for the fund house is HDFC Trustee Company Limited. The asset management company has been managing around 100 folios as on 30 June 2020.
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Frequently Asked Questions
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Min amount: ₹500
All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,
- High Risk = High possible returns
- Low Risk = Stable, relatively lower returns