HDFC Multi-Asset Fund - Growth Option - Direct Plan
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*Past performance does not guarantee future returns. Returns are historical and subject to market risk.
Trailing returns (CAGR)
| 1W | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| -1.48% | +1.81% | -2.07% | -0.31% | +7.26% | +14.65% | +13.71% | +12.02% |
🎯 OnePaisa Verdict
Breakdown
- Returns3/10
- Consistency6/10
- Risk3/10
- Cost5/10
- Size8/10
- 4★ Morningstar rating
💡 Ratings are not guarantees. Past performance does not predict future results.
SIP Returns
Simulated ₹10,000/month systematic investment plan, computed from NAV history.
1 Year SIP
+3.23%
₹1.22 L value on ₹1.20 L invested
3 Year SIP
—
Not enough NAV history yet.
5 Year SIP
—
Not enough NAV history yet.
vs Category (Other Hybrid)
This fund (1Y)
+7.26%
Rank #1 of 1
Category average (1Y)
+7.26%
Quartile Q4
Beats 0% of other hybrid funds on 1Y return.
Risk Analysis
- Std Deviation (1Y)8.37%Low
- Max Drawdown (1Y)-8.90%Moderate
- Sharpe Ratio (1Y)0.09Poor
- Sortino Ratio (1Y)0.09Poor
💡 Higher Sharpe = better risk-adjusted returns. Above 1.0 is good, above 2.0 is excellent. Drawdown is the worst peak-to-trough decline.
Calendar Year Returns
💰 What This Fund Costs You
Expense ratio: 0.81%
That is ₹810 per year on every ₹1 lakh invested.
10-year impact on ₹1 lakh (assuming 12% gross return)
Without this expense, ₹1 lakh would have grown to ₹3.11 L.
🎯 Is This Fund Right For You?
- Ideal horizon
- 3-5 years
- Minimum: 2 years
- Risk profile
- Moderate
- SIP recommended
- ✅ Yes
- Monthly
Dynamically shifts between equity and debt based on market valuation. Reduces equity in expensive markets.
Suitable goals
- First equity investment
- Moderate-risk wealth creation
- Retirement savings with managed risk
Suitable for
- First-time equity investors
- Those wanting automated asset allocation
- Risk-averse investors wanting some equity
Not suitable for
- Aggressive growth seekers
- Those who want pure equity exposure
🧾 Taxation
This is an Hybrid Fund (debt-taxed).
- Short-term (Less than 2 years)
- As per income tax slab
- Long-term (2 years or more)
- 12.5%
- LTCG exemption
- No exemption
- TDS
- No TDS for resident Indians
💡 Worked example
Invest ₹1,00,000 and gain ₹25,000 over 2 years:
- Tax type: LTCG (12.5% LTCG)
- Taxable gain: ₹25,000
- Tax owed: ₹3,125
- You keep: ₹1,21,875
Conservative Hybrid and Equity Savings funds with under 65% equity — taxed like debt funds.
🚨 Things to Watch
Bottom quartile performer
Ranked #1 of 1 in its category (bottom 25%). Most peers are doing better.
Poor risk-adjusted returns
Sharpe ratio of 0.09 means you’re not being adequately compensated for the risk taken.
📊 SIP Calculator — HDFC Multi-Asset Fund Option
Estimated corpus
₹4.32 L
- Total invested
- ₹3.00 L
- Estimated gain
- ₹1.32 L (+44%)
How it stacks up vs alternatives
- Fixed Deposit (7%)₹3.60 L
- Category average (14.7%)₹4.44 L
- This fund (13.71%)₹4.32 L
⚠️ Projection based on past CAGR. Actual returns may vary. Markets are subject to risk; past performance is not a guarantee of future results.
▶Show Advanced Analysis
📈 Risk vs Return
Return 7.3% · Risk (std dev) 8.4%
Safe but slow
Stable but modest returns — suits capital preservation.
Sharpe ratio of 0.09 confirms poor risk-adjusted returns.
🛡️ Downside Protection
If the broader market falls 20%, this fund is expected to fall about 11.9%.
Based on 1Y max drawdown of -8.9% versus a typical market correction of ~-15%. Historical fall ratio ≈ 0.59× market. Above-average protection.
⚠️ Estimate, not a guarantee. Actual market falls vary.
💸 Expense Impact (₹10K/month for 20 years at 12% gross)
- This fund — Direct (0.81%)₹89.60 L
- Index fund (0.10%)₹98.57 L
- Regular plan (~1.50%)₹81.76 L
Choosing this Direct plan over a Regular plan saves about ₹7.84 L. Index fund would still beat it by ₹8.97 L thanks to its lower expense ratio.
Fund information
- Scheme category
- Hybrid Scheme - Multi Asset Allocation
- Inception
- 2013-01-01
- Lock-in
- None
- Exit load
- 0 - 12 Months : 1.0 %
- Plan
- Direct
- Option
- Growth
Data freshness
- NAV as of: 2026-10-22
- Metrics calculated: 2026-10-23
- Source: mfapi.in, AMFI India
NAV trend
See how a SIP grows in this fund
Use the SIP Calculator with this fund's historical CAGR to project a monthly investment.