Should I invest in HDFC Multi-Asset Fund?

We don't give personal investment advice. HDFC Multi-Asset Fund - IDCW 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: 14.3%. 5-year CAGR: 5.19%.

HDFC

HDFC Multi-Asset Fund - IDCW Option - Direct Plan

Latest NAV

₹21.4630

As of

17 Jul 2026

3,303 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	+0.41%	+0.16%	+0.25	2 / 35	Q1
1W	+0.03%	-0.33%	+0.35	5 / 35	Q1
2W	-0.07%	-0.45%	+0.38	7 / 35	Q1
1M	+0.61%	-0.11%	+0.73	5 / 35	Q1
3M	+0.02%	+0.65%	-0.63	23 / 35	Q3
6M	-5.16%	-0.25%	-4.91	32 / 33	Q4
YTD	-5.14%	+0.67%	-5.82	32 / 33	Q4
1Y	+0.94%	+10.13%	-9.20	29 / 30	Q4
2Y	+1.40%	+7.96%	-6.56	24 / 25	Q4
3Y	+6.46%	+13.47%	-7.01	13 / 14	Q4
4Y	+7.09%	+15.02%	-7.93	10 / 11	Q4
5Y	+5.19%	+12.54%	-7.36	10 / 11	Q4
7Y	+8.12%	+13.10%	-4.98	7 / 8	Q4
10Y	+5.72%	+9.88%	-4.17	8 / 8	Q4
Inception	+4.59%	+11.35%	-6.77	32 / 35	Q4

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	-5.14%	+0.67%	-5.82	32 / 33
2025	+7.24%	+16.31%	-9.07	26 / 26
2024	+7.56%	+15.15%	-7.59	16 / 16
2023	+10.50%	+20.71%	-10.21	11 / 12
2022	-1.86%	+5.20%	-7.05	10 / 11
2021	+12.21%	+21.30%	-9.09	10 / 11
2020	+21.78%	+14.75%	+7.03	2 / 8
2019	+8.98%	+6.12%	+2.86	3 / 8
2018	-9.55%	-2.80%	-6.75	8 / 8
2017	+2.94%	+8.47%	-5.53	7 / 8
2016	+0.65%	+5.66%	-5.02	8 / 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

+6.08%

153 windows

min -12.9% · max 36.4%

72% positive

3-Year rolling

+5.45%

129 windows

min -3.7% · max 16.3%

81% positive

5-Year rolling

+5.51%

105 windows

min -2.3% · max 14.0%

90% positive

7-Year rolling

+5.60%

80 windows

min 0.1% · max 10.1%

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

9.62%

3-year · annualised

Sharpe ratio

0.03

vs risk-free 6.5%

Sortino ratio

0.04

Downside-only deviation

Max drawdown

-12.87%

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 - IDCW Option	Nippon India	₹25.5779	17 Jul 2026
SBI Multi Asset Allocation Fund - Direct Plan - Annual Income Distribution cum Capital Withdrawal Option (IDCW)	SBI	₹42.4918	17 Jul 2026
ICICI Prudential Multi-Asset Fund - Direct Plan - IDCW	ICICI Prudential	₹59.6735	17 Jul 2026
Invesco India Multi Asset Allocation Fund - Direct Plan - IDCW	Invesco	₹12.5900	17 Jul 2026
Bandhan Multi Asset Allocation Fund - Direct Plan - IDCW	Bandhan	₹13.7238	17 Jul 2026
quant Multi Asset Allocation Fund - IDCW Option - Direct Plan	Quant	₹170.4055	17 Jul 2026
Aditya Birla Sun Life Multi Asset Allocation Fund-Direct IDCW	Aditya Birla Sun Life	₹15.9820	17 Jul 2026
Franklin India Multi Asset Allocation Fund- Direct- IDCW	Franklin India	₹11.0754	17 Jul 2026
Mirae Asset Multi Asset Allocation Fund - Direct Plan - IDCW	Mirae Asset	₹13.9480	17 Jul 2026
Kotak Multi Asset Active FOF - Direct - IDCW	Kotak	₹10.1270	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹21.4630
16 Jul 2026	₹21.3760
15 Jul 2026	₹21.3930
14 Jul 2026	₹21.3490
13 Jul 2026	₹21.4460
10 Jul 2026	₹21.4570
9 Jul 2026	₹21.3240
8 Jul 2026	₹21.2320
7 Jul 2026	₹21.5430
6 Jul 2026	₹21.5460

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 17 Jul 2026, the NAV of HDFC Multi-Asset Fund - IDCW Option - Direct Plan is ₹21.4630. It's a Multi Asset Allocation Fund from HDFC, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

HDFC Multi-Asset Fund - IDCW Option - Direct Plan has NAV history starting from 01 Jan 2013, a track record of about 13 years 6 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 - IDCW 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 - IDCW Option - Direct Plan has delivered a absolute return of 0.94% — -9.2 pp behind the Multi Asset Allocation Fund category average of 10.13%. The fund ranks #29 of 30 in its category — the bottom (Q4) quartile.

Over the trailing 3-year window, HDFC Multi-Asset Fund - IDCW Option - Direct Plan has delivered a CAGR of 6.46% — -7.01 pp behind the Multi Asset Allocation Fund category average of 13.47%. The fund ranks #13 of 14 in its category — the bottom (Q4) quartile.

Over the trailing 5-year window, HDFC Multi-Asset Fund - IDCW Option - Direct Plan has delivered a CAGR of 5.19% — -7.36 pp behind the Multi Asset Allocation Fund category average of 12.54%. The fund ranks #10 of 11 in its category — the bottom (Q4) quartile.

₹1 lakh invested in HDFC Multi-Asset Fund - IDCW Option - Direct Plan exactly 10 years ago would be worth approximately ₹174,342 today — a multiplier of 1.74×, based on the 10-year CAGR of 5.72%. The category average over the same window would have grown ₹1 lakh to ₹256,601.

A ₹10,000 monthly SIP in HDFC Multi-Asset Fund - IDCW Option - Direct Plan over the last 5 years — total invested ₹600,000 — would be worth ₹678,856 today. That's an XIRR (money-weighted annualised return) of 4.88%.

A ₹10,000 monthly SIP for 10 years in HDFC Multi-Asset Fund - IDCW Option - Direct Plan = ₹1,200,000 invested. It would currently be worth ₹1,681,340 (multiplier 1.40×). XIRR: 6.56%. 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 - IDCW Option - Direct Plan ranks #10 out of 11 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 12.54%; this fund delivered 5.19%.

The worst peak-to-trough decline HDFC Multi-Asset Fund - IDCW Option - Direct Plan has experienced over the last 5-year window is 14.29% — its NAV fell from a high on 14 Jan 2022 to a low on 20 Jun 2022. 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 - IDCW Option - Direct Plan averaged 5.51% (best 14.05%, worst -2.28%). 90% of rolling windows ended positive. The 5-year Sharpe ratio is -0.09 — negative risk-adjusted performance.

In calendar year 2025, HDFC Multi-Asset Fund - IDCW Option - Direct Plan returned 7.24% — lagging the Multi Asset Allocation Fund category average of 16.31% by 9.07 pp. It ranked #26 of 26 in its category that year.

HDFC Multi-Asset Fund - IDCW 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 - IDCW 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: 14.3%. 5-year CAGR: 5.19%.

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