The HDFC Multi-Asset Fund managed by HDFC Mutual Fund, is an open-ended scheme that invests in equity, debt, and gold-related instruments. Launched on August 17, 2005, the fund aims to achieve long-term capital appreciation and income through a diversified portfolio. The scheme has undergone significant changes, including a shift from a debt-oriented hybrid fund to a multi-asset fund in May 2018, to better align with market opportunities and investor needs.
Fund Overview
- Net Asset Value (NAV): ₹65.889 (as of July 3, 2024)
- Fund Size: ₹2897.11 Crores
- Expense Ratio: 1.97% (Category average: 1.86%)
- Risk Level: High
Portfolio Analysis
- Equity Holdings (65.96%)
- Large Cap Stocks: 47.17%
- Mid Cap Stocks: 3.88%
- Small Cap Stocks: 2.91%
- Debt Holdings (14.31%)
- Government Securities: 8.44%
- Low-Risk Securities: 5.87%
- Other Holdings: 19.73%
HDFC Multi-Asset Fund – Top Equity Holdings
| Stock | Sector | Value (₹ Million) | % of Total Holdings | 1M Change | 1Y Highest Holding | 1Y Lowest Holding | Quantity | 1M Change in Quantity |
| HDFC Bank Ltd. | Private sector bank | 1748.4 | 6.04% | -0.02% | 6.79% (Jan 2024) | 4.53% (Jun 2023) | 11.42 L | 24.80 k |
| Axis Bank Ltd. | Private sector bank | 1501.4 | 5.18% | 0.14% | 5.18% (May 2024) | 4.2% (Jul 2023) | 12.92 L | 81.88 k |
| ICICI Bank Ltd. | Private sector bank | 1114.9 | 3.85% | -0.24% | 4.29% (Jul 2023) | 3.72% (Mar 2024) | 9.95 L | 0.00 |
| Mahindra & Mahindra Ltd. | Passenger cars & utility vehicles | 1085.8 | 3.75% | 2.74% | 3.75% (May 2024) | 0.82% (Jan 2024) | 4.33 L | 3.03 L |
| United Spirits Ltd. | Breweries & distilleries | 773.2 | 2.67% | 1.57% | 2.67% (May 2024) | 1.1% (Apr 2024) | 6.67 L | 4.05 L |
HDFC Multi-Asset Fund – Performance Analysis
| Period Invested | ₹10,000 Invested On | Latest Value | Absolute Returns | Annualised Returns | Category Avg | Rank within Category |
| 1 Week | 26-Jun-24 | 10,089.70 | 0.90% | – | 1.29% | 23/24 |
| 1 Month | 03-Jun-24 | 10,315.90 | 3.16% | – | 2.88% | 9/23 |
| 3 Months | 03-Apr-24 | 10,628.80 | 6.29% | – | 7.29% | 17/23 |
| 6 Months | 03-Jan-24 | 11,193.80 | 11.94% | – | 14.25% | 12/16 |
| YTD | 01-Jan-24 | 11,180.90 | 11.81% | – | 14.02% | 13/16 |
| 1 Year | 03-Jul-23 | 12,386.10 | 23.86% | 23.79% | 27.55% | 9/13 |
| 2 Years | 01-Jul-22 | 14,391.30 | 43.91% | 19.87% | 24.05% | 7/9 |
| 3 Years | 02-Jul-21 | 14,879.70 | 48.80% | 14.14% | 16.36% | 7/9 |
| 5 Years | 03-Jul-19 | 20,206.40 | 102.06% | 15.09% | 17.92% | 4/6 |
| 10 Years | 03-Jul-14 | 28,459.40 | 184.59% | 11.02% | 12.54% | 4/6 |
| Since Inception | 17-Aug-05 | 65,889.00 | 558.89% | 10.50% | 16.11% | 21/34 |
HDFC Multi-Asset Fund – Risk Ratios
| Ratio | Scheme | Category Avg |
| Standard Deviation | 10.97 | 9.33 |
| Beta | 0.8 | 0.73 |
| Sharpe Ratio | 0.62 | 0.72 |
Investor Profile
- Diversification: Exposure to multiple asset classes (equity, debt, and gold).
- Balanced Risk: Combining the potential for high returns from equities with the stability of debt and gold.
- Long-term Growth: Aimed at long-term capital appreciation with moderate risk.
Disclaimer: The information provided in this article is for educational and informational purposes only. It should not be considered investment advice or a recommendation to invest in any particular mutual fund or asset class. Past performance does not indicate future results, and investors should research and consult with a financial advisor before making investment decisions. Investing in mutual funds involves risks, including the possible loss of principal invested.
Data as on 5 July 2024
