HDFC Multi Cap Fund Direct - Growth

Q: What are the returns of HDFC Multi Cap Fund?

The HDFC Multi Cap Fund is a 3 yrs 8 m old fund and has delivered average annual returns of 21.26% since inception. HDFC Multi Cap Fund Returns 1-Year 3-Year Since Inception 2.87% 26.15% 21.26%

NAV as of Jul 21, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹20.149+0.39% 1 day change	21.26% p.a.	#NA View Ranked Funds	₹17,620 Cr

Historical NAV & returns

NAV: ₹20.149 as on Jul 21, 2025

This fund Category average

HDFC Multi Cap Fund overview

Expense ratio	0.73% as on May 31, 2025
Exit load	1.0% Exit load of 1% if redeemed within 1 year.!
AUM (Fund size)	₹17,620 Cr
Lock-in Period	Nil
Age	3 yrs 8 m since Nov 23, 2021
Benchmark	Nifty 500 Multicap 50:25:25 TRI
Min. investment	SIP: ₹100 & Lumpsum: ₹100
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

HDFC Multi Cap Fund 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 Jun 12, 2025

Period	This fund	Category average
1 Month	0.63%	0.88%
3 Months	8.79%	8.19%
6 Months	10.0%	9.99%
1 Year	2.87%	6.27%
2 Years	23.46%	23.16%
3 Years	26.15%	23.39%

View returns in detail

Asset allocationas on May 31, 2025

Large Cap 44.77%

Mid Cap 25.92%

Small Cap 27.1%

Other Cap 0%

Top holdings

HDFC Bank Ltd.3.92%

ICICI Bank Ltd.3.41%

Axis Bank Ltd.2.63%

Reliance Industries Ltd.2.23%

Top sectors

Financial 26.759999999999994%

Technology 9.13%

Capital Goods 8.67%

Automobile 7.68%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Bifurcation by Holding is not available for this fund

Allocation by Instruments

Repo 1.71%

Real Estate Investment Trusts 0.48%

Net Current Assets 0.02%

Rights 0.01%

Other Holdings

Others 1.71%

Embassy Office Parks REIT 0.48%

Detailed portfolio analysis

Peer comparison

Fund name	ETM Rank	AUM	Fund age	Expense ratio
HDFC Multi Cap Fund	N.A.	17,620 Cr	3 yrs 8 m	0.73%
Nippon India Multi Cap Fund	N.A.	40,261 Cr	12 yrs 6 m	0.74%
Mahindra Manulife Multi Cap Fund	N.A.	5,408 Cr	8 yrs 3 m	0.41%
ICICI Prudential Multicap Fund	N.A.	14,505 Cr	12 yrs 6 m	0.93%
ITI Multi Cap Fund	N.A.	1,248 Cr	6 yrs 2 m	0.46%
Baroda BNP Paribas Multi Cap Fund	N.A.	2,840 Cr	12 yrs 6 m	0.95%

Fund name	1M	6M	1Y	3Y	5Y	10Y
HDFC Multi Cap Fund	0.63%	10.0%	2.87%	26.15%	N.A.	N.A.
Nippon India Multi Cap Fund	0.32%	12.4%	6.11%	27.21%	32.54%	15.55%
Mahindra Manulife Multi Cap Fund	2.06%	13.08%	6.58%	25.26%	28.87%	15.49%
ICICI Prudential Multicap Fund	0.77%	9.6%	5.17%	23.81%	26.5%	15.58%
ITI Multi Cap Fund	-0.05%	10.26%	0.58%	24.85%	22.6%	10.38%
Baroda BNP Paribas Multi Cap Fund	1.14%	6.43%	4.78%	22.82%	26.22%	14.58%

Fund name	Std. deviation	Beta	Sharpe	Sortino
HDFC Multi Cap Fund	14.8	0.97	1.41	2.04
Nippon India Multi Cap Fund	14.0	0.88	1.56	2.15
Mahindra Manulife Multi Cap Fund	14.99	0.95	1.31	1.77
ICICI Prudential Multicap Fund	13.06	0.83	1.41	2.24
ITI Multi Cap Fund	15.31	0.98	1.28	1.55
Baroda BNP Paribas Multi Cap Fund	14.06	0.89	1.25	1.48

View all Multi Cap funds

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

Alpha	3.66 vs. 3.85 Underperformed at beating benchmark
Sharpe	1.41 vs. 3.96 Poor risk-adjusted returns
Beta	0.97 vs. 0.58 More sensitive to market's ups & downs
Standard deviation	14.8 vs. 6.52 More volatile performance

Compare HDFC Multi Cap Fund in detail with

About this fund

About HDFC Multi Cap Fund

HDFC Multi Cap Fund Direct - Growth is a Multi Cap mutual fund scheme from Hdfc Mutual Fund. This fund has been in existence for 3 yrs 8 m, having been launched on 23/11/2021. HDFC Multi Cap Fund Direct - Growth has ₹17,620 Crores worth of assets under management (AUM) as on 31/05/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of HDFC Multi Cap Fund Direct - Growth as of 21/07/2025 is ₹20.15. The fund has an expense ratio of 0.73%, which is higher than what most other Multi Cap funds charge.

HDFC Multi Cap Fund Direct - Growth returns of last 1-year are 3.52%. Since launch, it has delivered 21.39% average annual returns. The fund has doubled the money invested in it every 3 yrs.
HDFC Multi Cap Fund Direct - Growth scheme's ability to deliver returns consistently is higher than most funds of its category. Its ability to control losses in a falling market is above average.
The fund has the majority of its money invested in Financial, Technology, Capital Goods, Automobile, Services sectors. It has taken less exposure in Financial, Technology sectors compared to other funds in the category.
The fund's top 5 holdings are in HDFC Bank Ltd., ICICI Bank Ltd., Axis Bank Ltd., Reliance Industries Ltd., Bharti Airtel Ltd..

...

Fund AUM	17,620 Cr as on May 31, 2025
Scheme document	View Scheme Document

Fund managers

Gopal Agrawal

Mr.Agrawal is a B.E and MBM. Prior to joining HDFC Mutual Fund he has worked with DSP Mutual Fund, Tata AMC, Mirae Asset Mutual Fund ,SBI Mutual Fund, Kotak Securities, HDFC Securities, IDBI Capital, UTI Securities and IPCL.

Investment objective

The scheme seeks to generate long term capital appreciation by investing in equity and equity related securities of large cap, mid cap and small cap companies.

HDFC Mutual Fund details

No. of schemes	75 view all schemes
Total AUM	8,37,348 Cr as on Jun 30, 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 Infrastructure Fund	N.A.	2,540 Cr	0.77%	36.19%
HDFC Small Cap Fund	N.A.	34,032 Cr	7.26%	35.31%
HDFC Mid Cap Fund	N.A.	79,718 Cr	8.35%	33.1%
HDFC Focused Fund	N.A.	19,578 Cr	9.67%	29.52%
HDFC Flexi Cap Fund	N.A.	75,784 Cr	8.43%	29.34%
HDFC Large and Mid Cap Fund	N.A.	25,412 Cr	4.3%	28.51%

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of HDFC Multi Cap Fund?

The current Net Asset Value (NAV) of the HDFC Multi Cap Fund - Direct Growth plan is approximately ₹20.149 as of Jul 21, 2025.

What are the returns of this mutual fund scheme?

The HDFC Multi Cap Fund is a 3 yrs 8 m old fund and has delivered average annual returns of 21.26% since inception.

HDFC Multi Cap Fund Returns

1-Year	3-Year	Since Inception
2.87%	26.15%	21.26%

How much does this mutual fund charge as expense ratio?

The HDFC Multi Cap Fund - Direct Growth has an expense ratio of 0.73%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

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

The HDFC Multi Cap Fund currently has assets under management (AUM) or fund size valued at approximately 17,620 Cr as on May 31, 2025.

What are the top stock holdings of HDFC Multi Cap Fund?

The HDFC Multi Cap Fund has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
HDFC Bank Ltd.	3.92%
ICICI Bank Ltd.	3.41%
Axis Bank Ltd.	2.63%
Reliance Industries Ltd.	2.23%
Bharti Airtel Ltd.	2.2%
Infosys Ltd.	1.98%
Kotak Mahindra Bank Ltd.	1.59%
HCL Technologies Ltd.	1.5%
Coforge Ltd.	1.29%
Bajaj Finance Ltd.	1.27%

What are the top sectors HDFC Multi Cap Fund has invested in?

The HDFC Multi Cap Fund has primarily invested in the following sectors

Sector	Percentage of Portfolio
Financial	26.759999999999994%
Technology	9.13%
Capital Goods	8.67%
Automobile	7.68%
Services	7.579999999999998%
Healthcare	7.339999999999999%
Energy	6.119999999999999%
Materials	4.18%
Communication	3.43%
Consumer Staples	3.25%

What is risk level of HDFC Multi Cap Fund?

This is a Multi Cap fund comes with Very High risk.

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

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

How do I invest in HDFC Multi Cap Fund?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for HDFC Multi Cap Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in HDFC Multi Cap Fund is complete.

How can I redeem my investments in HDFC Multi Cap Fund?

Redeeming your investments in HDFC Multi Cap Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

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

ET Money rank

in Multi Cap

#NA

Return Outperformance: This fund has generated highest return amongst Multi Cap funds in the last 3 Years.
Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit load of 1% if redeemed within 1 year.