Should I invest in HDFC Multi-Asset Fund?

We don't give personal investment advice. HDFC Multi-Asset Fund - Growth Option - Direct Plan 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: 8.9%. 5-year CAGR: 12.29%.

HDFC

HDFC Multi-Asset Fund - Growth Option - Direct Plan

Latest NAV

₹82.3540

As of

3 Jun 2026

3,272 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	+0.33%	+0.19%	+0.14	14 / 35	Q2
1W	-1.14%	-0.97%	-0.17	21 / 35	Q3
2W	-0.54%	-0.24%	-0.31	27 / 35	Q4
1M	-0.86%	+0.23%	-1.09	33 / 35	Q4
3M	-3.83%	-1.35%	-2.47	29 / 33	Q4
6M	-1.78%	+2.66%	-4.43	32 / 33	Q4
YTD	-2.63%	+0.81%	-3.44	31 / 33	Q4
1Y	+5.17%	+12.65%	-7.48	27 / 28	Q4
2Y	+8.40%	+11.25%	-2.85	19 / 23	Q4
3Y	+13.48%	+16.82%	-3.34	11 / 12	Q4
4Y	+13.38%	+16.90%	-3.52	7 / 8	Q4
5Y	+12.29%	+15.26%	-2.97	7 / 8	Q4
7Y	+13.58%	+16.29%	-2.72	5 / 6	Q4
10Y	+11.86%	+14.02%	-2.16	5 / 6	Q4
Inception	+11.51%	+12.89%	-1.38	21 / 35	Q3

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	-2.63%	+0.81%	-3.44	31 / 33
2025	+14.08%	+17.52%	-3.44	21 / 26
2024	+14.67%	+16.83%	-2.16	12 / 15
2023	+19.03%	+22.93%	-3.89	8 / 9
2022	+5.77%	+7.52%	-1.75	5 / 8
2021	+19.57%	+25.85%	-6.28	6 / 8
2020	+21.90%	+17.95%	+3.95	2 / 6
2019	+9.45%	+10.15%	-0.70	4 / 6
2018	-1.32%	+1.16%	-2.49	6 / 6
2017	+12.35%	+14.77%	-2.42	4 / 6
2016	+9.33%	+9.99%	-0.66	4 / 6

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

+12.72%

152 windows

min -16.6% · max 55.9%

93% positive

3-Year rolling

+12.02%

128 windows

min -2.2% · max 23.1%

99% positive

5-Year rolling

+11.83%

103 windows

min 2.1% · max 20.2%

100% positive

7-Year rolling

+11.57%

79 windows

min 5.6% · max 15.3%

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

7.05%

3-year · annualised

Sharpe ratio

0.92

vs risk-free 6.5%

Sortino ratio

1.50

Downside-only deviation

Max drawdown

-8.90%

Jan 2026 → Mar 2026

% positive months

75.0%

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
Nippon India Multi Asset Allocation Fund - Direct Plan - Growth Option	Nippon India	₹26.3932	2 Jun 2026
SBI MULTI ASSET ALLOCATION FUND - DIRECT PLAN - GROWTH	SBI	₹73.7773	3 Jun 2026
ICICI Prudential Multi-Asset Fund - Direct Plan - Growth	ICICI Prudential	₹881.1632	2 Jun 2026
Invesco India Multi Asset Allocation Fund - Direct Plan - Growth	Invesco	₹12.4500	3 Jun 2026
Bandhan Multi Asset Allocation Fund - Direct Plan - Growth	Bandhan	₹14.5409	2 Jun 2026
quant Multi Asset Allocation Fund-GROWTH OPTION-Direct Plan	Quant	₹180.0410	3 Jun 2026
Quantum Multi Asset Allocation Fund - Direct Plan Growth Option	Quantum	₹12.1000	3 Jun 2026
Aditya Birla Sun Life Multi Asset Allocation Fund-Direct Growth	Aditya Birla Sun Life	₹17.2302	3 Jun 2026
Franklin India Multi Asset Allocation Fund- Direct-Growth	Franklin India	₹10.9111	3 Jun 2026
Mirae Asset Multi Asset Allocation Fund - Direct Plan - Growth	Mirae Asset	₹13.7090	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹82.3540
2 Jun 2026	₹82.6890
1 Jun 2026	₹82.4130
29 May 2026	₹82.8000
27 May 2026	₹83.5960
26 May 2026	₹83.6450
25 May 2026	₹83.9040
22 May 2026	₹83.3000
21 May 2026	₹83.2150
20 May 2026	₹83.1440

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 03 Jun 2026, the NAV of HDFC Multi-Asset Fund - Growth Option - Direct Plan is ₹82.3540. It's a Multi Asset Allocation Fund from HDFC, run as a Direct plan Growth option. NAVs update once per business day from the AMFI feed.

HDFC Multi-Asset Fund - Growth Option - Direct Plan has NAV history starting from 01 Jan 2013, a track record of about 13 years 5 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

HDFC Multi-Asset Fund - Growth Option - Direct Plan 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 - Direct Plan has delivered a absolute return of 5.17% — -7.48 pp behind the Multi Asset Allocation Fund category average of 12.65%. The fund ranks #27 of 28 in its category — the bottom (Q4) quartile.

Over the trailing 3-year window, HDFC Multi-Asset Fund - Growth Option - Direct Plan has delivered a CAGR of 13.48% — -3.34 pp behind the Multi Asset Allocation Fund category average of 16.82%. The fund ranks #11 of 12 in its category — the bottom (Q4) quartile.

Over the trailing 5-year window, HDFC Multi-Asset Fund - Growth Option - Direct Plan has delivered a CAGR of 12.29% — -2.97 pp behind the Multi Asset Allocation Fund category average of 15.26%. The fund ranks #7 of 8 in its category — the bottom (Q4) quartile.

₹1 lakh invested in HDFC Multi-Asset Fund - Growth Option - Direct Plan exactly 10 years ago would be worth approximately ₹306,787 today — a multiplier of 3.07×, based on the 10-year CAGR of 11.86%. The category average over the same window would have grown ₹1 lakh to ₹371,370.

A ₹10,000 monthly SIP in HDFC Multi-Asset Fund - Growth Option - Direct Plan over the last 5 years — total invested ₹600,000 — would be worth ₹802,037 today. That's an XIRR (money-weighted annualised return) of 11.55%.

A ₹10,000 monthly SIP for 10 years in HDFC Multi-Asset Fund - Growth Option - Direct Plan = ₹1,200,000 invested. It would currently be worth ₹2,327,347 (multiplier 1.94×). XIRR: 12.71%. 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 - Direct Plan ranks #7 out of 8 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 15.26%; this fund delivered 12.29%.

The worst peak-to-trough decline HDFC Multi-Asset Fund - Growth Option - Direct Plan has experienced over the last 5-year window is 8.90% — 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 - Direct Plan averaged 11.83% (best 20.23%, worst 2.15%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is 0.77 — reasonable risk-adjusted performance.

In calendar year 2025, HDFC Multi-Asset Fund - Growth Option - Direct Plan returned 14.08% — lagging the Multi Asset Allocation Fund category average of 17.52% by 3.44 pp. It ranked #21 of 26 in its category that year.

HDFC Multi-Asset Fund - Growth Option - Direct Plan 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 - Direct Plan 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: 8.9%. 5-year CAGR: 12.29%.

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