HDFC Hybrid Equity Fund:
- Suitable for: Investors looking for a balanced approach with significant equity exposure and moderate debt investments, aiming for higher returns with moderate risk.
- Risk: High volatility (as indicated by beta and standard deviation).
- Returns: Higher historical returns compared to category averages in various periods.
HDFC Multi Asset Fund:
- Suitable for: Investors seeking diversification across multiple asset classes including equity, debt, and other assets like gold, aiming for stable returns with lower volatility.
- Risk: Lower volatility compared to the category average.
- Returns: Competitive historical returns with better risk-adjusted returns.
| Feature | HDFC Hybrid Equity Fund | HDFC Multi Asset Fund |
| Category | Aggressive Hybrid Fund | Multi Asset Allocation |
| Equity Investment | 68.55% | 65.78% |
| Debt Investment | 27.86% | 14.2% |
| Other Investments | 3.59% | 20.02% |
| Crisil Rank | 2 | Not specified |
| Benchmark Index | NIFTY 50 Hybrid Composite Debt 65:35 Index | 65% Nifty 50 TRI + 25% Nifty Composite Debt Index + 10% Price of Domestic Gold |
Hybrid Equity Fund VS Multi Asset Fund – Growth and Returns
| Period | HDFC Hybrid Equity Fund Absolute Returns |
HDFC Hybrid Equity Fund Annualised Returns |
HDFC Multi Asset Fund Absolute Returns |
HDFC Multi Asset Fund Annualised Returns |
| 1 Week | -1.06% | – | -0.75% | – |
| 1 Month | 0.89% | – | 0.58% | – |
| 3 Month | 3.85% | – | 4.54% | – |
| 6 Month | 12.38% | – | 11.99% | – |
| YTD | 6.42% | – | 7.45% | – |
| 1 Year | 20.03% | 19.97% | 22.98% | 22.91% |
| 2 Year | 39.75% | 18.19% | 38.55% | 17.68% |
| 3 Year | 49.08% | 14.22% | 50.64% | 14.62% |
| 5 Year | 95.00% | 14.27% | 105.21% | 15.44% |
| 10 Year | 199.45% | 11.58% | 207.83% | 11.89% |
| Since Inception | 975.04% | 13.19% | 262.56% | 11.94% |
Hybrid Equity Fund VS Multi Asset Fund – SIP Returns
| Period | HDFC Hybrid Equity Fund Absolute Returns | HDFC Hybrid Equity Fund Annualised Returns | HDFC Multi Asset Fund Absolute Returns | HDFC Multi Asset Fund Annualised Returns |
| 1 Year | 10.46% | 19.84% | 12.04% | 22.93% |
| 2 Year | 20.26% | 18.81% | 21.77% | 20.15% |
| 3 Year | 26.58% | 15.9% | 27.97% | 16.67% |
| 5 Year | 54.9% | 17.53% | 54.42% | 17.4% |
| 10 Year | 94.26% | 12.74% | 100.83% | 13.36% |
Hybrid Equity Fund VS Multi Asset Fund – Portfolio
| Aspect | HDFC Hybrid Equity Fund | HDFC Multi Asset Fund |
| Total Stocks | 40 | 65 |
| Large Cap Investments | 45.98% | 46.45% |
| Mid Cap Investments | 0% | 3.61% |
| Small Cap Investments | 13.65% | 3.09% |
| Government Securities | 8.33% | 8.67% |
| Low-Risk Debt Securities | 18.99% | 5.53% |
| Portfolio Turnover Ratio | 40.54% | 17.24% |
Hybrid Equity Fund VS Multi Asset Fund – Top 5 Stocks in Portfolio:
| HDFC Hybrid Equity Fund | Sector | % of Total Holdings | HDFC Multi Asset Fund | Sector | % of Total Holdings |
| ICICI Bank Ltd. | Private sector bank | 7.27% | HDFC Bank Ltd. | Private sector bank | 6.06% |
| HDFC Bank Ltd. | Private sector bank | 6.54% | Axis Bank Ltd. | Private sector bank | 5.04% |
| Larsen & Toubro Ltd. | Civil construction | 4.88% | ICICI Bank Ltd. | Private sector bank | 4.09% |
| Reliance Industries Ltd. | Refineries & marketing | 4.67% | Bharti Airtel Ltd. | Telecom – cellular & fixed line services | 2.20% |
| State Bank Of India | Public sector bank | 4.47% | Titan Company Ltd. | Gems, jewellery and watches | 2.06% |
Hybrid Equity Fund VS Multi Asset Fund – Risk Ratios
| Ratio | HDFC Hybrid Equity Fund | Category Avg | HDFC Multi Asset Fund | Category Avg |
| Standard Deviation | 8.47 | 8.41 | 5.93 | 7.38 |
| Beta | 1.38 | 0.82 | 1.37 | 0.6 |
| Sharpe Ratio | 1.05 | 0.93 | 1.21 | 1.19 |
| Treynor’s Ratio | 0.06 | 0.13 | 0.05 | 0.36 |
| Jensen’s Alpha | 4.63 | 2.9 | 6.68 | 5.6 |
Both funds offer unique benefits based on their investment strategies. The HDFC Hybrid Equity Fund is more suited for investors willing to take higher risks for potentially higher returns, while the HDFC Multi Asset Fund is ideal for those seeking a balanced, multi-asset approach with lower volatility and stable returns. Investors should consider their risk tolerance, investment horizon, and financial goals when choosing between these funds.
Disclaimer: The information provided in this article is for educational and informational purposes only. It should not be considered as 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.
