HDFC Multi Cap Fund

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

The HDFC Multi Cap Fund is a 3 yrs 11 m old fund and has delivered average annual returns of 18.56% since inception. HDFC Multi Cap Fund Returns 1-Year 3-Year Since Inception 4.6% 21.76% 18.56%

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 Oct 20, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹19.342+0.47% 1 day change	18.56% p.a.	App exclusive #NA View Ranked Funds	₹18,675 Cr

Historical NAV & returns

NAV: ₹19.342 as on Oct 20, 2025

This fund Category average

HDFC Multi Cap Fund overview

AUM (Fund size)	₹18,675 Cr
Exit load	1.0% Exit load of 1% if redeemed within 1 year.!
Lock-in Period	Nil
Age	3 yrs 11 m since Nov 23, 2021
Benchmark	Nifty 500 Multicap 50:25:25 TRI
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
Expense ratio	1.68% as on Sep 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 Oct 17, 2025

Period	This fund	Category average
1 Month	2.43%	2.26%
3 Months	2.57%	2.68%
6 Months	10.4%	10.33%
1 Year	4.6%	5.77%
2 Years	20.69%	21.4%
3 Years	21.76%	19.37%

View returns in detail

Asset allocationas on Sep 30, 2025

Large Cap 44.55%

Mid Cap 25.62%

Small Cap 25.53%

Other Cap 0%

Top holdings

HDFC Bank Ltd.3.62%

ICICI Bank Ltd.3.0%

Axis Bank Ltd.2.35%

Bharti Airtel Ltd.2.1%

Top sectors

Financial 24.32%

Automobile 8.96%

Services 8.439999999999998%

Technology 8.31%

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 3.69%

Real Estate Investment Trusts 0.5%

Net Current Assets 0.11%

Other Holdings

Others 3.69%

Embassy Office Parks REIT 0.5%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
HDFC Multi Cap Fund	2.43%	10.4%	4.6%	21.76%	N.A.	N.A.
Nippon India Multi Cap Fund	1.39%	11.11%	5.84%	22.66%	30.37%	15.12%
ICICI Prudential Multicap Fund	1.92%	7.04%	3.67%	20.41%	24.46%	14.53%
Baroda BNP Paribas Multi Cap Fund	2.56%	9.07%	3.47%	19.56%	23.88%	14.32%
Mahindra Manulife Multi Cap Fund	2.52%	9.82%	5.15%	19.64%	25.36%	13.66%
ITI Multi Cap Fund	1.83%	10.19%	2.6%	19.32%	19.09%	9.02%

Fund name	Std. deviation	Beta	Sharpe	Sortino
HDFC Multi Cap Fund	14.08	0.96	0.98	1.4
Nippon India Multi Cap Fund	13.05	0.86	1.12	1.68
ICICI Prudential Multicap Fund	12.51	0.83	1.02	1.68
Baroda BNP Paribas Multi Cap Fund	13.53	0.89	0.88	1.07
Mahindra Manulife Multi Cap Fund	14.66	0.97	0.83	1.15
ITI Multi Cap Fund	14.96	1.0	0.81	1.04

Fund name	ETM Rank	AUM	Fund age	Expense ratio
HDFC Multi Cap Fund	N.A.	18,675 Cr	3 yrs 11 m	1.68%
Nippon India Multi Cap Fund	N.A.	47,294 Cr	20 yrs 8 m	1.51%
ICICI Prudential Multicap Fund	N.A.	15,443 Cr	31 yrs 2 m	1.74%
Baroda BNP Paribas Multi Cap Fund	N.A.	2,956 Cr	22 yrs 2 m	1.98%
Mahindra Manulife Multi Cap Fund	N.A.	5,720 Cr	8 yrs 6 m	1.78%
ITI Multi Cap Fund	N.A.	1,268 Cr	6 yrs 6 m	2.05%

View all Multi Cap funds

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

Alpha	2.07 vs. 3.3 Underperformed at beating benchmark
Sharpe	0.98 vs. 2.56 Poor risk-adjusted returns
Beta	0.96 vs. 0.47 More sensitive to market's ups & downs
Standard deviation	14.08 vs. 6.04 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 3 yrs 11 m, having been launched on 23/11/2021. HDFC Multi Cap Fund has ₹18,675 Crores worth of assets under management (AUM) as on 30/09/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of HDFC Multi Cap Fund as of 20/10/2025 is ₹19.34. 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 -0.70%. Since launch, it has delivered 18.62% 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 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, Automobile, Services, Technology, Healthcare 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., Axis Bank Ltd., Bharti Airtel Ltd., Reliance Industries Ltd..

...

Fund AUM	18,675 Cr as on Sep 30, 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.	2,522 Cr	4.74%	34.78%
HDFC Small Cap Fund	N.A.	36,828 Cr	6.78%	30.13%
HDFC Mid Cap Fund	N.A.	84,855 Cr	9.09%	29.92%
HDFC Focused Fund	N.A.	23,533 Cr	10.83%	29.28%
HDFC Flexi Cap Fund	N.A.	85,560 Cr	10.8%	29.18%
HDFC Large and Mid Cap Fund	N.A.	26,949 Cr	6.65%	26.59%

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 ₹19.342 as of Oct 20, 2025.

What are the returns of this mutual fund scheme?

The HDFC Multi Cap Fund is a 3 yrs 11 m old fund and has delivered average annual returns of 18.56% since inception.

HDFC Multi Cap Fund Returns

1-Year	3-Year	Since Inception
4.6%	21.76%	18.56%

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 18,675 Cr as on Sep 30, 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.	3.62%
ICICI Bank Ltd.	3.0%
Axis Bank Ltd.	2.35%
Bharti Airtel Ltd.	2.1%
Reliance Industries Ltd.	2.02%
Infosys Ltd.	1.8%
Kotak Mahindra Bank Ltd.	1.44%
Britannia Industries Ltd.	1.37%
Bajaj Finance Ltd.	1.31%
Maruti Suzuki India Ltd.	1.22%

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	24.32%
Automobile	8.96%
Services	8.439999999999998%
Technology	8.31%
Healthcare	7.319999999999999%
Capital Goods	7.310000000000001%
Energy	6.17%
Consumer Staples	5.7%
Materials	3.9699999999999998%
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.

ET Money rank

App exclusive

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.