HDFC Multi-Asset Active FOF
HDFC Mutual Fund · Domestic FoF · Regular plan, growth option
NAV (₹), 1 Oct 2026
18.9040
1-day change
-0.46%
1Y return
1.4%
3Y CAGR
11.2%
5Y CAGR
11.0%
Max drawdown, 5Y
−9.0%
NAV history month-end NAV, ₹ · 5 May 2021 to 1 Oct 2026
Returns vs Domestic FoF median (159 schemes) and “Multi-asset / allocation FoF” median (31)
| Period | Scheme | Category median | Multi-asset / allocation FoF median |
|---|---|---|---|
| 1 month | -4.1% | -3.7% | -3.9% |
| 3 months | -1.8% | -1.1% | -1.7% |
| 6 months | 3.4% | 3.0% | 4.4% |
| Year to date | -2.0% | 1.8% | -1.5% |
| 1 year | 1.4% | 4.9% | 2.3% |
| 3 years (CAGR) | 11.2% | 12.3% | 11.2% |
| 5 years (CAGR) | 11.0% | 9.8% | 9.6% |
| 7 years (CAGR) | n/a | 13.3% | 11.4% |
| 10 years (CAGR) | n/a | 11.0% | 10.9% |
| Since first NAV (CAGR) | 12.4% | – | – |
“Multi-asset / allocation FoF” is MFIC's grouping of Domestic FoF schemes by the theme or index in their names, not an AMFI category.
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 12.0% | 8.6% |
| 3Y rolling median | 15.4% | 12.8% |
| 3Y rolling worst | 11.2% | 4.8% |
| 3Y periods positive | 100% | 100% |
| 3Y periods ahead of benchmark | n/a | n/a |
| 5Y rolling median | 12.6% | 10.8% |
| 5Y rolling worst | 11.0% | 4.1% |
| 5Y periods ahead of benchmark | n/a | n/a |
Benchmark: none available in MFIC's free data for this category.
Risk 36 months, monthly returns, Rf 6.5%
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | 8.1% | 14.1% |
| Sharpe ratio | 0.61 | 0.60 |
| Sortino ratio | 0.85 | 0.89 |
| Beta | n/a | n/a |
| Alpha (ann.) | n/a | n/a |
| Upside capture | n/a | n/a |
| Downside capture | n/a | n/a |
Drawdowns peak-to-trough falls in NAV
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −9.0% | −19.6% |
| Maximum drawdown, last 10Y | n/a | −23.7% |
| Maximum drawdown, last 5Y | −9.0% | −15.1% |
| Current drawdown | −5.2% | −8.3% |
| Recovery time of worst fall | 133 days | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
Direct or Regular for this scheme?
The Regular plan's expense ratio is 1.12% a year and the Direct plan's 0.14%, a gap of 0.98%; over the last 3 years the Direct plan returned 1.18 percentage points a year more. On a ₹25,000 monthly SIP for 20 years (illustration at 12% a year before costs) the gap adds up to about ₹25,11,526.
With the Regular plan, that cost pays a distributor to help you plan, choose and review funds, and stay invested when markets fall. Whether it is worth it depends on how much of that you will do yourself.
TER: AMFI TER disclosure. Returns: AMFI NAVs. Illustration, not a guaranteed saving or return.
Recent disclosure changes last 120 days, as disclosed via AMFI
- 11 Sep 2026: fund manager from this date: Ihab Dalwai (Scheme Summary Document)
Fund managers and scheme facts Scheme Summary Document via AMFI
| Fund manager | Role | Managing since |
|---|---|---|
| Ihab Dalwai | Equities | 11 Sep 2026 |
| Bhagyesh Kagalkar | Fund Manager for commodities related investments viz. Gold | 23 Feb 2022 |
| Anil Bamboli | Debt | 5 May 2021 |
Objective: To seek capital appreciation by managing the asset allocation between equity oriented, debt oriented and gold ETF schemes.There is no assurance that the investment objective of the Scheme will be achieved.
Stated asset allocation: Units of domestic Mutual Fund Schemes as under : 95% - 100% ; a) Actively managed Equity Oriented Schemes : 40% - 80% b) Actively managed Debt Oriented Schemes : 10% - 50% c) Gold ETF Schemes : 10% - 30% Debt securities and money market instruments : 0% - 5% For detailed asset allocation, refer Scheme Information Document (SID) available on the website.
Benchmark (tier 1): 50% NIFTY 50 TRI + 40% NIFTY Composite Debt Index + 10% Gold derived as per regulatory norms
Exit load: In respect of each purchase / switch-in of Units, upto 15% of the units may be redeemed without any exit load from the date of allotment. Any redemption in excess of the above limit shall be subject to the following exit load: - Exit load of 1.00% is payable if Units are redeemed / switched-out within 1 year from the date of allotment of units. - No Exit Load is payable if Units are redeemed / switched-out after 1 year from the date of allotment.
Minimum application: Rs.100
Allotment date: 5 May 2021
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
Cost, size and riskometer as disclosed to AMFI
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Regular plan | 1.12% | 0.59% |
| AUM, whole scheme (₹ crore) | 5,956 | 225 |
| Riskometer | High | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
Official benchmark and category consistency
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Return, 1 year (AMFI) | 2.5% | 0.0% TRI |
| Return, 3 years (AMFI) | 11.3% | 9.0% TRI |
| Return, 5 years (AMFI) | 11.1% | 8.1% TRI |
| Month-ends above category median (3Y CAGR) | 59% | 53% median |
| Month-ends in category top quartile (3Y) | 0% | 25% median |
Official benchmark: 50% NIFTY 50 TRI + 40% NIFTY Composite Debt Index + 10% Gold (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Domestic FoF Regular plans; how it is calculated.
Calendar-year returns NAV change from 31 Dec to 31 Dec
| Year | Scheme | Benchmark | Difference |
|---|---|---|---|
| 2026 YTD | -2.0% | n/a | – |
| 2025 | 13.7% | n/a | – |
| 2024 | 13.9% | n/a | – |
| 2023 | 21.2% | n/a | – |
| 2022 | 9.1% | n/a | – |
No free benchmark proxy for this category. The first year starts from the first 31 December in the scheme's history.
Monthly SIP of ₹10,000 first business day of each month, ending 1 Oct 2026
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,18,495 | -2.3% |
| 3 years | ₹3,60,000 | ₹3,96,371 | 6.3% |
| 5 years | ₹6,00,000 | ₹7,76,000 | 10.2% |
Uses this plan's NAVs; ignores stamp duty, exit loads and taxes. One historical path only — the interactive SIP analyzer shows outcomes across every start date.
Scheme facts
AMC: HDFC Mutual Fund
Category: Domestic FoF
Plan / option: Regular · Growth
AMFI scheme code: 148901
ISIN: INF179KC1BD7
First NAV in MFIC data: 5 May 2021
History: 5.4 years
Portfolio holdings: see the scheme's monthly portfolio disclosure on the fund house website
Schemes that behaved similarly correlation of monthly returns, last 5 years
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| Quantum Multi Asset Active FOF | Domestic FoF | 0.96 | 9.9% |
| Kotak Multi Asset Omni FOF | Domestic FoF | 0.95 | 13.4% |
| BANDHAN NIFTY 100 INDEX FUND | Index Fund | 0.95 | 6.7% |
| HDFC NIFTY 100 Index Fund | Index Fund | 0.95 | 6.6% |
| Nippon India Multi - Asset Omni FoF | Domestic FoF | 0.95 | 14.2% |
| Mirae Asset Diversified Equity Allocator Passive FOF | Domestic FoF | 0.95 | 8.3% |
Questions about HDFC Multi-Asset Active FOF
- What is the latest NAV of HDFC Multi-Asset Active FOF?
- The NAV of the Regular plan (growth option) was ₹18.9040 on 1 Oct 2026, as published by AMFI.
- Which category is HDFC Multi-Asset Active FOF in?
- It is classified as Domestic FoF in AMFI's daily NAV file. MFIC compares it with 159 Domestic FoF schemes (Regular plans).
- What returns has HDFC Multi-Asset Active FOF delivered?
- Over one year the NAV changed by 1.4%. The 3-year CAGR is 11.2% (category median 12.3%) and the 5-year CAGR is 11.0% (category median 9.8%). Returns are after expenses and before tax. Past performance may or may not be sustained in future.
- How consistent have its 3-year returns been?
- Measuring a 3-year CAGR from every business day in its history, the median was 15.4%, the lowest was 11.2%, and 100% of 3-year periods ended with a gain.
- What was the largest fall in HDFC Multi-Asset Active FOF's NAV?
- The largest peak-to-trough fall in its available history was 9.0%; within the last five years it was 9.0% (category median 15.1%).
- How volatile is HDFC Multi-Asset Active FOF?
- Its annualised standard deviation of monthly returns over the last 36 months is 8.1%, which is below the Domestic FoF category median of 14.1%.
- What would a monthly SIP in HDFC Multi-Asset Active FOF have grown to?
- A SIP of ₹10,000 on the first business day of each month for the last 5 years (60 instalments, ₹6,00,000 invested) would have been worth about ₹7,76,000 on 1 Oct 2026, an annualised return (XIRR) of 10.2%. This uses the Regular plan's NAVs, ignores taxes and exit loads, and past performance may or may not be sustained in future.
- What is the expense ratio (TER) of HDFC Multi-Asset Active FOF?
- The total expense ratio of the Regular plan is 1.12% a year, as disclosed to AMFI (median of Domestic FoF Regular plans: 0.59%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is HDFC Multi-Asset Active FOF?
- Assets under management of the whole scheme were ₹5,956 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of HDFC Multi-Asset Active FOF?
- AMFI lists the scheme's riskometer as “High”, and its benchmark's as “High”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- What is the benchmark of HDFC Multi-Asset Active FOF and how has it compared?
- Its official benchmark is the 50% NIFTY 50 TRI + 40% NIFTY Composite Debt Index + 10% Gold. Over 3 years AMFI reports a return of 11.3% for this plan against 9.0% for the benchmark total return index; over 5 years 11.1% against 8.1%. Past performance does not indicate future results.
- How often has HDFC Multi-Asset Active FOF beaten its category?
- At 59% of the 29 month-ends compared over the last 10 years, its 3-year return was above the median of Domestic FoF schemes (Regular plans); it was in the top quarter at 0% of them. A typical scheme would show about 50%.
- Who manages HDFC Multi-Asset Active FOF?
- According to its Scheme Summary Document, HDFC Multi-Asset Active FOF is managed by Ihab Dalwai (since 11 Sep 2026), Bhagyesh Kagalkar (since 23 Feb 2022), Anil Bamboli (since 5 May 2021).
- What is the exit load of HDFC Multi-Asset Active FOF?
- As stated in its scheme documents: In respect of each purchase / switch-in of Units, upto 15% of the units may be redeemed without any exit load from the date of allotment. Any redemption in excess of the above limit shall be subject to the following exit load: - Exit load of 1.00% is payable if Units are redeemed / switched-out within 1 year from the date of allotment of units. - No Exit Load is payable if Units are redeemed / switched-out after 1 year from the date of allotment. Check the latest Scheme Information Document before investing, as loads can change.
- What is the minimum investment in HDFC Multi-Asset Active FOF?
- The minimum application amount is Rs.100. SIP details: For SIP DSIP, WSIP, MSIP - Rs. 100; QSIP - Rs. 1500; HSIP - Rs. 2500; YSIP - Rs. 5000. For SWAP Fixed SWAP - Rs. 100; Variable SWAP - Rs. 300. For STP Fixed STP (FSTP) Daily FSTP - Rs. 500; Weekly FSTP - Rs. 500; Monthly FSTP - Rs. 1000; Quarterly FSTP -Rs. 3000. Capital Appreciation STP (CASTP) Monthly CASTP - Rs. 300; Quarterly CASTP - Rs 1000..
- What is the difference between the Direct and Regular plans?
- Both plans hold the same portfolio; the Regular plan includes distribution costs in its expense ratio. Over one year the Direct plan's NAV changed by 2.4% and the Regular plan's by 1.4%. The Regular plan includes the services of a distributor.
Reviewing your own mutual fund portfolio?
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Data & disclosure. Source: AMFI daily NAV file and historical NAVs via mfapi.in; calculations by MFIC, as of 1 Oct 2026. Category medians use Regular plans in the same AMFI category. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance may or may not be sustained in future. This page is for research and education only and is not investment advice or a recommendation to buy, sell or hold any scheme. Integrato Financial Services Pvt. Ltd. is an AMFI-registered Mutual Fund Distributor (ARN-173155). Methodology.