HDFC Multi Cap Fund

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

The HDFC Multi Cap Fund is a 4 yrs old fund and has delivered average annual returns of 17.72% since inception. HDFC Multi Cap Fund Returns 1-Year 3-Year Since Inception 1.75% 19.19% 17.72%

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

The HDFC Multi Cap Fund has an expense ratio of 1.68% , 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 Dec 04, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹19.261+0.18% 1 day change	17.72% p.a.	App exclusive #NA View Ranked Funds	₹19,732 Cr

Historical NAV & returns

NAV: ₹19.261 as on Dec 04, 2025

This fund Category average

HDFC Multi Cap Fund overview

AUM (Fund size)	₹19,732 Cr
Exit load	1.0% Exit load of 1% if redeemed within 1 year.!
Lock-in Period	Nil
Age	4 yrs since Nov 23, 2021
Benchmark	Nifty 500 Multicap 50:25:25 TRI
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
Expense ratio	1.68% as on Nov 30, 2025
Plan type	Regular
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 Dec 01, 2025

Period	This fund	Category average
1 Month	-1.1%	-0.19%
3 Months	2.46%	1.86%
6 Months	4.48%	3.08%
1 Year	1.75%	-0.89%
2 Years	13.94%	13.9%
3 Years	19.19%	17.33%

View returns in detail

Asset allocationas on Oct 31, 2025

Large Cap 45.75%

Mid Cap 26.22%

Small Cap 25.46%

Other Cap 0%

Top holdings

HDFC Bank Ltd.4.33%

ICICI Bank Ltd.2.83%

Reliance Industries Ltd.2.56%

Axis Bank Ltd.2.43%

Top sectors

Financial 25.189999999999998%

Automobile 9.43%

Services 8.68%

Technology 8.5%

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 2.39%

Real Estate Investment Trusts 0.48%

Other Holdings

Others 2.39%

Embassy Office Parks REIT 0.48%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
HDFC Multi Cap Fund	-1.1%	4.48%	1.75%	19.19%	N.A.	N.A.
Nippon India Multi Cap Fund	-0.91%	2.83%	2.24%	20.97%	26.51%	15.13%
ICICI Prudential Multicap Fund	-1.38%	2.16%	0.95%	18.23%	20.8%	14.7%
Baroda BNP Paribas Multi Cap Fund	-0.62%	4.15%	-2.44%	17.93%	20.6%	14.55%
Mahindra Manulife Multi Cap Fund	-0.85%	5.47%	3.48%	18.31%	22.64%	13.69%
ITI Multi Cap Fund	0.55%	4.03%	0.67%	18.33%	16.91%	9.19%

Fund name	Std. deviation	Beta	Sharpe	Sortino
HDFC Multi Cap Fund	14.1	0.96	0.91	1.33
Nippon India Multi Cap Fund	13.09	0.86	1.07	1.64
ICICI Prudential Multicap Fund	12.53	0.83	0.95	1.59
Baroda BNP Paribas Multi Cap Fund	13.58	0.89	0.86	1.07
Mahindra Manulife Multi Cap Fund	14.79	0.98	0.83	1.19
ITI Multi Cap Fund	14.97	1.0	0.8	1.02

Fund name	ETM Rank	AUM	Fund age	Expense ratio
HDFC Multi Cap Fund	N.A.	19,732 Cr	4 yrs	1.68%
Nippon India Multi Cap Fund	N.A.	49,314 Cr	20 yrs 9 m	1.49%
ICICI Prudential Multicap Fund	N.A.	16,067 Cr	31 yrs 3 m	1.73%
Baroda BNP Paribas Multi Cap Fund	N.A.	3,108 Cr	22 yrs 3 m	1.96%
Mahindra Manulife Multi Cap Fund	N.A.	6,055 Cr	8 yrs 7 m	1.77%
ITI Multi Cap Fund	N.A.	1,326 Cr	6 yrs 7 m	2.02%

View all Multi Cap funds

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

Alpha	1.74 vs. 3.29 Underperformed at beating benchmark
Sharpe	0.91 vs. 2.56 Poor risk-adjusted returns
Beta	0.96 vs. 0.49 More sensitive to market's ups & downs
Standard deviation	14.1 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 is a Multi Cap mutual fund scheme from Hdfc Mutual Fund. This fund has been in existence for 4 yrs, having been launched on 23/11/2021. HDFC Multi Cap Fund has ₹19,732 Crores worth of assets under management (AUM) as on 31/10/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of HDFC Multi Cap Fund as of 04/12/2025 is ₹19.26. The fund has an expense ratio of 1.68%, which is higher than what most other Multi Cap funds charge.

HDFC Multi Cap Fund returns of last 1-year are 0.99%. Since launch, it has delivered 17.87% average annual returns. The fund has doubled the money invested in it every 4 yrs.
HDFC Multi Cap Fund 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 has the majority of its money invested in Financial, Automobile, Services, Technology, Energy sectors. It has taken less exposure in Financial, Automobile sectors compared to other funds in the category.
The fund's top 5 holdings are in HDFC Bank Ltd., ICICI Bank Ltd., Reliance Industries Ltd., Axis Bank Ltd., Bharti Airtel Ltd..

...

Fund AUM	19,732 Cr as on Oct 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	78 view all schemes
Total AUM	8,93,028 Cr as on Sep 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.	2,586 Cr	-0.25%	29.77%
HDFC Mid Cap Fund	N.A.	89,383 Cr	7.6%	26.43%
HDFC Small Cap Fund	N.A.	38,412 Cr	-1.11%	26.37%
HDFC Focused Fund	N.A.	25,140 Cr	8.48%	25.91%
HDFC Flexi Cap Fund	N.A.	91,041 Cr	9.08%	25.16%
HDFC ELSS Tax Saver Fund	N.A.	17,194 Cr	7.58%	23.17%

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 plan is approximately ₹19.261 as of Dec 04, 2025.

What are the returns of this mutual fund scheme?

The HDFC Multi Cap Fund is a 4 yrs old fund and has delivered average annual returns of 17.72% since inception.

HDFC Multi Cap Fund Returns

1-Year	3-Year	Since Inception
1.75%	19.19%	17.72%

How much does this mutual fund charge as expense ratio?

The HDFC Multi Cap Fund has an expense ratio of 1.68%, 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 Cap Fund currently has assets under management (AUM) or fund size valued at approximately 19,732 Cr as on Oct 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.	4.33%
ICICI Bank Ltd.	2.83%
Reliance Industries Ltd.	2.56%
Axis Bank Ltd.	2.43%
Bharti Airtel Ltd.	2.18%
Britannia Industries Ltd.	1.83%
Infosys Ltd.	1.75%
Kotak Mahindra Bank Ltd.	1.44%
Bajaj Finance Ltd.	1.29%
HCL Technologies Ltd.	1.26%

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	25.189999999999998%
Automobile	9.43%
Services	8.68%
Technology	8.5%
Energy	7.210000000000001%
Healthcare	7.02%
Capital Goods	6.449999999999999%
Consumer Staples	5.93%
Materials	3.5600000000000005%
Communication	3.16%

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 can I redeem my investments in HDFC Multi Cap Fund?

Redeeming your investments in the HDFC Multi Cap Fund 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.