Should I invest in HDFC Multi-Asset Fund?

We don't give personal investment advice. HDFC Multi-Asset Fund - Growth Option is suitable for an investor whose:horizon is 3-5 years — too short for pure equity, too long for pure debtwants a single fund that automatically rebalances between equity and debtis comfortable trading some upside for lower volatility vs a pure equity fundCross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 9.0%. 5-year CAGR: 10.47%.

HDFC

HDFC Multi-Asset Fund - Growth Option

Latest NAV

₹73.9310

As of

24 Jul 2026

4,951 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	-0.14%	-0.19%	+0.05	7 / 12	Q3
1W	-1.02%	-0.89%	-0.13	8 / 10	Q4
2W	-1.01%	-1.00%	-0.02	3 / 10	Q2
1M	-0.15%	-0.35%	+0.20	3 / 10	Q2
3M	+0.25%	+1.22%	-0.97	7 / 10	Q3
6M	-2.08%	-0.19%	-1.89	8 / 10	Q4
YTD	-2.37%	+0.56%	-2.93	9 / 10	Q4
1Y	+3.26%	+9.27%	-6.01	9 / 10	Q4
2Y	+5.60%	+8.55%	-2.95	8 / 9	Q4
3Y	+10.97%	+14.90%	-3.93	8 / 9	Q4
4Y	+11.88%	+15.22%	-3.34	8 / 9	Q4
5Y	+10.47%	+12.84%	-2.37	8 / 9	Q4
7Y	+12.98%	+15.00%	-2.01	7 / 8	Q4
10Y	+10.57%	+11.17%	-0.60	4 / 8	Q2
Inception	+10.04%	+7.24%	+2.80	4 / 12	Q2

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	-2.37%	+0.56%	-2.93	9 / 10
2025	+12.85%	+15.81%	-2.96	8 / 9
2024	+13.36%	+15.20%	-1.84	4 / 9
2023	+17.58%	+21.04%	-3.46	8 / 9
2022	+4.34%	+5.98%	-1.65	7 / 9
2021	+17.84%	+22.72%	-4.89	4 / 9
2020	+20.68%	+18.85%	+1.83	4 / 8
2019	+8.78%	+7.96%	+0.83	5 / 8
2018	-1.93%	-1.76%	-0.17	4 / 8
2017	+11.72%	+4.89%	+6.83	1 / 8
2016	+8.72%	+6.15%	+2.57	3 / 8

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+10.77%

236 windows

min -14.5% · max 61.9%

93% positive

3-Year rolling

+10.76%

211 windows

min -1.6% · max 20.7%

99% positive

5-Year rolling

+10.53%

187 windows

min 2.2% · max 20.1%

100% positive

7-Year rolling

+10.18%

163 windows

min 5.4% · max 14.1%

100% positive

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

6.53%

3-year · annualised

Sharpe ratio

0.64

vs risk-free 6.5%

Sortino ratio

0.99

Downside-only deviation

Max drawdown

-9.04%

Jan 2026 → Mar 2026

% positive months

72.2%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Multi Asset Allocation Fund

Scheme	Fund house	NAV	As of
HDFC Multi-Asset Fund - IDCW Option	HDFC	₹16.8250	24 Jul 2026
NIPPON INDIA MULTI ASSET ALLOCATION FUND - IDCW Option	Nippon India	₹23.4322	24 Jul 2026
SBI Multi Asset Allocation Fund - Regular Plan - Annual Income Distribution cum Capital Withdrawal Option (IDCW)	SBI	₹37.4033	24 Jul 2026
Franklin India Multi Asset Allocation Fund- IDCW	Franklin India	₹10.7865	24 Jul 2026
JM Multi Asset Allocation Fund (Direct) - IDCW		₹9.8883	24 Jul 2026
quant Multi Asset Allocation Fund - IDCW Option - Regular Plan	Escorts	₹154.8218	24 Jul 2026

Recent NAVs

Date	NAV
24 Jul 2026	₹73.9310
23 Jul 2026	₹74.0380
22 Jul 2026	₹74.2620
21 Jul 2026	₹74.6320
20 Jul 2026	₹74.5520
17 Jul 2026	₹74.6960
16 Jul 2026	₹74.3950
15 Jul 2026	₹74.4560
14 Jul 2026	₹74.3050
13 Jul 2026	₹74.6450

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 24 Jul 2026, the NAV of HDFC Multi-Asset Fund - Growth Option is ₹73.9310. It's a Multi Asset Allocation Fund from HDFC, run as a Unknown plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

HDFC Multi-Asset Fund - Growth Option has NAV history starting from 03 Apr 2006, a track record of about 20 years 3 months. Long-tenured funds like this have weathered multiple market cycles — the 2008 crash, 2013 taper tantrum, 2020 COVID drawdown — which makes their returns more credible than a 3-year track record alone.

HDFC Multi-Asset Fund - Growth Option is managed by HDFC. It's classified by AMFI under the 'Multi Asset Allocation Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, HDFC Multi-Asset Fund - Growth Option has delivered a absolute return of 3.26% — -6.01 pp behind the Multi Asset Allocation Fund category average of 9.27%. The fund ranks #9 of 10 in its category — the bottom (Q4) quartile.

Over the trailing 3-year window, HDFC Multi-Asset Fund - Growth Option has delivered a CAGR of 10.97% — -3.93 pp behind the Multi Asset Allocation Fund category average of 14.90%. The fund ranks #8 of 9 in its category — the bottom (Q4) quartile.

Over the trailing 5-year window, HDFC Multi-Asset Fund - Growth Option has delivered a CAGR of 10.47% — -2.37 pp behind the Multi Asset Allocation Fund category average of 12.84%. The fund ranks #8 of 9 in its category — the bottom (Q4) quartile.

₹1 lakh invested in HDFC Multi-Asset Fund - Growth Option exactly 10 years ago would be worth approximately ₹273,167 today — a multiplier of 2.73×, based on the 10-year CAGR of 10.57%. The category average over the same window would have grown ₹1 lakh to ₹288,406.

A ₹10,000 monthly SIP in HDFC Multi-Asset Fund - Growth Option over the last 5 years — total invested ₹600,000 — would be worth ₹772,056 today. That's an XIRR (money-weighted annualised return) of 10.02%.

A ₹10,000 monthly SIP for 10 years in HDFC Multi-Asset Fund - Growth Option = ₹1,200,000 invested. It would currently be worth ₹2,169,638 (multiplier 1.81×). XIRR: 11.39%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, HDFC Multi-Asset Fund - Growth Option ranks #8 out of 9 funds in the Multi Asset Allocation Fund category — that places it in the bottom quartile (Q4) — material underperformance. The category average return over the same window is 12.84%; this fund delivered 10.47%.

The worst peak-to-trough decline HDFC Multi-Asset Fund - Growth Option has experienced over the last 5-year window is 9.04% — its NAV fell from a high on 29 Jan 2026 to a low on 23 Mar 2026. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, HDFC Multi-Asset Fund - Growth Option averaged 10.53% (best 20.13%, worst 2.22%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is 0.57 — reasonable risk-adjusted performance.

In calendar year 2025, HDFC Multi-Asset Fund - Growth Option returned 12.85% — lagging the Multi Asset Allocation Fund category average of 15.81% by 2.96 pp. It ranked #8 of 9 in its category that year.

HDFC Multi-Asset Fund - Growth Option is a Hybrid scheme. Tax treatment follows its actual equity allocation as disclosed by the AMC: at least 65% equity behaves like an equity fund (12.5% LTCG over 12 months, 20% STCG); 35-65% equity often gets an equity-style treatment with a 24-month threshold; under 35% equity is taxed at slab rate like a debt fund. Check the AMC's latest factsheet for the current classification.

We don't give personal investment advice. HDFC Multi-Asset Fund - Growth Option is suitable for an investor whose:

horizon is 3-5 years — too short for pure equity, too long for pure debt
wants a single fund that automatically rebalances between equity and debt
is comfortable trading some upside for lower volatility vs a pure equity fund

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 9.0%. 5-year CAGR: 10.47%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.