HDFC Multi-Asset Active FoF

Q: What are the returns of this mutual fund scheme?

The HDFC Multi-Asset Active FoF is a 4 yrs 9 m old fund and has delivered average annual returns of 14.61% since inception. HDFC Multi-Asset Active FoF Returns 1-Year 3-Year Since Inception 13.4% 15.83% 14.61%

Q: How much does this mutual fund charge as expense ratio?

The HDFC Multi-Asset Active FoF has an expense ratio of 1.13% , representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

NAV as of Feb 02, 2026	Returns since inception	ET Money Rank	AUM (Fund size)
₹19.179-1.68% 1 day change	14.61% p.a.	App exclusive #NA View Ranked Funds	₹5,409 Cr

Historical NAV & returns

NAV: ₹19.179 as on Feb 02, 2026

This fund Category average

HDFC Multi-Asset Active FoF overview

AUM (Fund size)	₹5,409 Cr
Exit load	1.0% Exit Load for units in excess of 15% of the investment,1% will be charged for redemption within 365 days.!
Lock-in Period	Nil
Age	4 yrs 9 m since Apr 16, 2021
Benchmark	NA
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
Expense ratio	1.13% as on Feb 02, 2026
Plan type	Regular
Risk	High

HDFC Multi-Asset Active FoF Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Feb 03, 2026

Period	This fund	Category average
1 Month	-1.26%	-1.28%
3 Months	0.77%	1.97%
6 Months	5.26%	7.46%
1 Year	13.4%	15.15%
2 Years	12.63%	13.29%
3 Years	15.83%	15.9%
4 Years	13.79%	12.77%

Asset allocationas on Dec 31, 2025

Large Cap 32.26%

Mid Cap 7.1%

Small Cap 6.4%

Other Cap 0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

AAA 19.551564%

SOV 10.10409%

Cash & Call Money 5.43329%

AA 2.274399%

Top Debt Holdings

Bifurcation by Holding is not available for this fund

Allocation by Instruments

Mutual Fund 95.88%

Repo 4.35%

Other Holdings

HDFC Large Cap Fund Direct-Growth 16.47%

HDFC Flexi Cap Direct Plan-Growth 14.99%

HDFC Gold ETF 11.25%

HDFC Short Term Debt Fund Direct Plan-Growth 9.62%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
HDFC Multi-Asset Active FoF	-1.26%	5.26%	13.4%	15.83%	N.A.	N.A.
Kotak Multi Asset Omni FoF	-2.32%	8.57%	15.67%	18.57%	17.86%	15.67%
ICICI Prudential Multi Asset Fund	-2.24%	7.19%	13.88%	18.83%	20.12%	16.92%
ICICI Prudential Dynamic Asset Allocation Active FoF	-2.12%	1.91%	8.8%	13.07%	12.16%	12.75%
Nippon India Multi Asset Allocation Fund	-0.67%	10.8%	21.44%	20.35%	16.22%	9.24%
SBI Multi Asset Allocation Fund	-0.54%	10.45%	18.95%	18.98%	14.67%	11.85%

Fund name	Std. deviation	Beta	Sharpe	Sortino
HDFC Multi-Asset Active FoF	5.56	0.64	1.7	2.62
Kotak Multi Asset Omni FoF	7.92	0.88	1.66	2.01
ICICI Prudential Multi Asset Fund	6.64	0.7	1.82	2.76
ICICI Prudential Dynamic Asset Allocation Active FoF	5.32	0.54	1.25	1.78
Nippon India Multi Asset Allocation Fund	7.41	0.81	1.91	2.71
SBI Multi Asset Allocation Fund	6.48	0.69	1.9	3.06

Fund name	ETM Rank	AUM	Fund age	Expense ratio
HDFC Multi-Asset Active FoF	N.A.	5,409 Cr	4 yrs 9 m	1.13%
Kotak Multi Asset Omni FoF	N.A.	2,255 Cr	21 yrs 7 m	1.07%
ICICI Prudential Multi Asset Fund	N.A.	78,179 Cr	23 yrs 3 m	1.32%
ICICI Prudential Dynamic Asset Allocation Active FoF	N.A.	29,170 Cr	22 yrs 2 m	1.3%
Nippon India Multi Asset Allocation Fund	N.A.	10,661 Cr	5 yrs 5 m	1.36%
SBI Multi Asset Allocation Fund	N.A.	13,033 Cr	20 yrs 2 m	1.38%

View all Multi Asset Allocation funds

Key risk & return ratios Compared to other funds in the category

Alpha	3.43 vs. 3.26 Higher outperformance against benchmark
Sharpe	1.7 vs. 3.36 Poor risk-adjusted returns
Beta	0.64 vs. 0.66 Less sensitive to market ups & downs
Standard deviation	5.56 vs. 3.42 More volatile performance

Compare HDFC Multi-Asset Active FoF in detail with

About this fund

About HDFC Multi-Asset Active FoF

HDFC Multi-Asset Active FoF is a Multi Asset Allocation mutual fund scheme from Hdfc Mutual Fund. This fund has been in existence for 4 yrs 9 m, having been launched on 16/04/2021. HDFC Multi-Asset Active FoF has ₹5,409 Crores worth of assets under management (AUM) as on 31/12/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of HDFC Multi-Asset Active FoF as of 02/02/2026 is ₹19.18. The fund has an expense ratio of 1.13%, which is higher than what most other Multi Asset Allocation funds charge. Currently, the fund has a 45.75% allocation to equity and 34.33% to Debt.

HDFC Multi-Asset Active FoF returns of last 1-year are 13.24%. Since launch, it has delivered 14.69% average annual returns.
HDFC Multi-Asset Active FoF scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is above average.
The fund's equity portion is primarily invested in Unclassified sectors. It has taken less exposure in Unclassified sectors compared to other funds in the category.
The debt portion of the fund has low credit quality indicating the quality of borrowers it has lent it to is not too great.
The fund's top 5 holdings are in HDFC Large Cap Fund Direct-Growth, HDFC Flexi Cap Direct Plan-Growth, HDFC Gold ETF, HDFC Short Term Debt Fund Direct Plan-Growth, HDFC Corporate Bond Fund Direct Plan-Growth.

...

Fund AUM	5,409 Cr as on Dec 31, 2025
Scheme document	View Scheme Document

Fund managers

Anil Bamboli

Mr. Bamboli is a CFA from Association for Investment Management and Research, U.S.A, Masters in Management Studies (Finance) and a Graduate in Cost and Works Accountant from ICWAI. Prior to joining HDFC AMC he has worked with SBI Fund Management for 11 years.

Srinivasan Ramamurthy

Mr. Ramamurthy is an engineer by qualification from Jadavpur University and has done his MBA from IIM - Calcutta. Prior to joining HDFC Asset Management Company Limited, he has worked with Mahindra Mutual Fund, IDBI Federal Life Insurance, IIFL Capital Limited, Maybank Kim Eng, Credit Suisse and KPMG Advisory.

Bhagyesh Kagalkar

Mr. Kagalkar is a B.E. (Production) and MMS (Finance) Prior to joining HDFC Asset Management Company Limited, he has worked with Dolat Capital Markets Ltd., India Infoline Ltd., Sun Engineering Ltd., Al Ahlia Portfolio Securities Co., IIT Investrust.

Investment objective

The scheme seeke to capital appreciation by managing the asset allocation between equity oriented, debt oriented and gold ETF schemes.

HDFC Mutual Fund details

No. of schemes	78 view all schemes
Total AUM	9,43,197 Cr as on Dec 31, 2025
Address	"HDFC House", 2nd Floor, H. T. Parekh Marg, 165-166, Backbay Reclamation, Churchgate Mumbai, 400020
Email	shareholders.relations@hdfcfund.com
Phone	022 ? 66316333

More funds from HDFC Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
HDFC Balanced Advantage Fund	N.A.	1,08,205 Cr	7.99%	17.49%
HDFC Retirement Savings Fund - Hybrid Equity Plan	N.A.	1,744 Cr	5.65%	12.89%
HDFC Multi Asset Fund	N.A.	5,460 Cr	12.91%	12.79%
HDFC Hybrid Equity Fund	N.A.	24,528 Cr	5.69%	11.77%
HDFC Equity Savings Fund	N.A.	5,897 Cr	6.87%	9.72%

See all Hybrid funds from this AMC

Frequently asked questions

What is the current NAV of HDFC Multi-Asset Active FoF?

The current Net Asset Value (NAV) of the HDFC Multi-Asset Active FoF plan is approximately ₹19.179 as of Feb 02, 2026.

What are the returns of this mutual fund scheme?

The HDFC Multi-Asset Active FoF is a 4 yrs 9 m old fund and has delivered average annual returns of 14.61% since inception.

HDFC Multi-Asset Active FoF Returns

1-Year	3-Year	Since Inception
13.4%	15.83%	14.61%

How much does this mutual fund charge as expense ratio?

The HDFC Multi-Asset Active FoF has an expense ratio of 1.13%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

What is the AUM or fund size of this mutual fund?

The HDFC Multi-Asset Active FoF currently has assets under management (AUM) or fund size valued at approximately 5,409 Cr as on Dec 31, 2025.

What is the quality of borrowers this mutual fund scheme lends to?

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The HDFC Multi-Asset Active FoF's debt portion's allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
AAA	19.551564%
SOV	10.10409%
Cash & Call Money	5.43329%

What is risk level of HDFC Multi-Asset Active FoF?

This is a Multi Asset Allocation fund comes with High risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How can I redeem my investments in HDFC Multi-Asset Active FoF?

Redeeming your investments in the HDFC Multi-Asset Active FoF is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Multi Asset Allocation

#NA

Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit Load for units in excess of 15% of the investment,1% will be charged for redemption within 365 days.