Groww Multi Asset Omni FOF vs HDFC Diversified Equity All Cap Active FOF
Direct Plan, Growth option · Data as on 29-10-2026
Groww Multi Asset Omni FOF is a Fund of Funds fund and HDFC Diversified Equity All Cap Active FOF is a Fund of Funds fund. Groww Multi Asset Omni FOF charges 0.22% a year and HDFC Diversified Equity All Cap Active FOF 0.30% (Direct plans). Their portfolios overlap 14.6%: they hold 1 of the same security.
HDFC Diversified Equity All Cap Active FOF
Fund of Funds
- Expense ratio
- 0.30%
- NAV
- ₹9.68
Which is better, Groww Multi Asset Omni FOF or HDFC Diversified Equity All Cap Active FOF? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Groww Multi Asset Omni FOF costs less: 0.22% a year against 0.30% (Direct plans).
- Groww Multi Asset Omni FOF fell less in its worst fall since 24-12-2025: −11.2% against −13.6%.
- HDFC Diversified Equity All Cap Active FOF is the larger fund: ₹2,583 Cr against ₹75 Cr.
- Their portfolios overlap 14.6%: 1 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Groww Multi Asset Omni FOF | HDFC Diversified Equity All Cap Active FOF |
|---|---|---|
| Fund house | Groww Mutual Fund | HDFC Mutual Fund |
| Category | Fund of Funds | Fund of Funds |
| AUM | ₹75 Cr (30-09-2026) | ₹2,583 Cr (30-09-2026) |
| NAV | ₹9.92 (Direct) | ₹9.68 (Direct) |
| Expense ratio (Direct) | 0.22% | 0.30% |
| Expense ratio (Regular) | 1.24% | 1.25% |
| Riskometer | Very High | Very High |
| Benchmark | 65% Nifty 500 TRI + 25% CRISIL Composite Bond Fund Index + 5% Domestic Gold Prices + 5% Domestic Silver Prices | Nifty 500 TRI |
| Launch date | 22-12-2025 | 29-09-2025 |
| Minimum investment | ₹500 | ₹100 |
| Lock in | None | None |
| Fund managers | Paras Matalia, Wilfred Gonsalaves, Shashi Kumar | FM - Ihab Dalwai |
| Exit load | Nil | • In respect of each purchase / switch-in of Units, an Exit Load of 1.00% is payable if Units are redeemed/ switched-out within 1 year from the date of allotment. • No Exit Load is payable if Units are redeemed / switched-out after 1 Year from the date of allotment. |
Groww Multi Asset Omni FOF vs HDFC Diversified Equity All Cap Active FOF: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Groww Multi Asset Omni FOF (Direct) | −1.95% | −4.01% | −0.96% | -- | -- | -- | -- |
| HDFC Diversified Equity All Cap Active FOF (Direct) | −0.73% | −5.50% | −0.69% | −6.56% | -- | -- | -- |
Groww Multi Asset Omni FOF vs HDFC Diversified Equity All Cap Active FOF: Year-wise Returns
| Year | Groww Multi Asset OmniGroww Multi Asset Omni FOF | HDFC Diversified Equity All Cap ActiveHDFC Diversified Equity All Cap Active FOF |
|---|---|---|
| 2026to date | −0.85% | −6.20% |
Groww Multi Asset Omni FOF vs HDFC Diversified Equity All Cap Active FOF: Rolling Returns
Every holding period of both funds, against Nifty 500 TRI, the benchmark of HDFC Diversified Equity All Cap Active FOF
Groww Multi Asset Omni FOF vs HDFC Diversified Equity All Cap Active FOF: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Groww Multi Asset Omni FOF (Direct) | HDFC Diversified Equity All Cap Active FOF (Direct) |
|---|---|---|
| Return (CAGR) | −1.21% | −3.05% |
| Standard deviation | 14.66% | 12.76% |
| Sharpe ratio | -0.44 | -0.65 |
| Sortino ratio | -0.60 | -0.87 |
| Maximum drawdown | −11.2% (23-03-2026) | −13.6% (30-03-2026) |
| Beta | -- | 0.90 |
| Alpha | -- | −1.24% |
From daily NAVs, 24-12-2025 to 29-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Groww Multi Asset Omni FOF (Direct)
HDFC Diversified Equity All Cap Active FOF (Direct)
Nifty 500 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Groww Multi Asset Omni FOF (Direct) | −11.2% | 11-02-2026 | 23-03-2026 | 07-05-2026 | 45 days | −7.1% |
| HDFC Diversified Equity All Cap Active FOF (Direct) | −13.6% | 07-01-2026 | 30-03-2026 | 03-08-2026 | 4 months | −7.3% |
| Nifty 500 TRI | −14.7% | 02-01-2026 | 30-03-2026 | Not yet | -- | −8.4% |
From daily values since 24-12-2025, the first day every fund has.
Groww Multi Asset Omni FOF vs HDFC Diversified Equity All Cap Active FOF: Portfolio Overlap
From each fund's latest monthly portfolio: Groww Multi Asset Omni FOF, September 2026; HDFC Diversified Equity All Cap Active FOF, September 2026
Holdings in common
- Overlap
- 14.6%
- Held by both
- 1
- Only in Groww Multi Asset Omni FOF
- 14
- Only in HDFC Diversified Equity All Cap Active FOF
- 4
| Security | % of Groww Multi Asset Omni FOF | % of HDFC Diversified Equity All Cap Active FOF |
|---|---|---|
| HDFC Mutual Fund | 14.59% | 33.90% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 14.6% means 14.6% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Groww Multi Asset Omni FOF
| Security | % of fund |
|---|---|
| ICICI Prudential Mutual Fund | 13.78% |
| Motilal Oswal Mutual Fund | 13.12% |
| Invesco Mutual Fund | 10.01% |
| Kotak Mahindra Mutual Fund | 9.82% |
| HDFC Mutual Fund | 6.64% |
Largest holdings only in HDFC Diversified Equity All Cap Active FOF
| Security | % of fund |
|---|---|
| HDFC Flexi Cap Fund - Direct Plan- Growth Option | 27.83% |
| HDFC Large & Mid Cap Fund - Direct Plan- Growth Option | 14.03% |
| HDFC Small Cap Fund - Direct Plan- Growth Option | 12.30% |
| HDFC Multi Cap Fund - Direct Plan - Growth Option | 8.93% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Groww Multi Asset Omni FOF | HDFC Diversified Equity All Cap Active FOF |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | 100.0% | 100.0% |
Groww Multi Asset Omni FOF vs HDFC Diversified Equity All Cap Active FOF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Groww Multi Asset Omni FOF | HDFC Diversified Equity All Cap Active FOF |
|---|---|---|
| Total expense ratio (Direct) | 0.22% | 0.30% |
| Base expense ratio (Direct) | 0.19% | 0.26% |
| Total expense ratio (Regular) | 1.24% | 1.25% |
| Base expense ratio (Regular) | 1.11% | 1.09% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
Groww Multi Asset Omni FOF vs HDFC Diversified Equity All Cap Active FOF: Frequently Asked Questions
What is the difference between Groww Multi Asset Omni FOF and HDFC Diversified Equity All Cap Active FOF?
Groww Multi Asset Omni FOF is a Fund of Funds fund, HDFC Diversified Equity All Cap Active FOF is a Fund of Funds fund, run by Groww Mutual Fund and HDFC Mutual Fund. Their portfolios overlap 14.6%. Groww Multi Asset Omni FOF charges 0.22% a year and HDFC Diversified Equity All Cap Active FOF 0.30%.
Which has the lower expense ratio, Groww Multi Asset Omni FOF or HDFC Diversified Equity All Cap Active FOF?
Groww Multi Asset Omni FOF charges less: 0.22% a year against 0.30%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Groww Multi Asset Omni FOF and HDFC Diversified Equity All Cap Active FOF overlap?
14.6%. They hold 1 of the same securities, the largest shared ones being HDFC Mutual Fund. From each fund's latest monthly portfolio.
Which is riskier, Groww Multi Asset Omni FOF or HDFC Diversified Equity All Cap Active FOF?
On SEBI's riskometer, Groww Multi Asset Omni FOF is rated Very High and HDFC Diversified Equity All Cap Active FOF Very High. Over their common history, the standard deviation of daily returns was 14.66% and 12.76% a year.
Can I invest in both Groww Multi Asset Omni FOF and HDFC Diversified Equity All Cap Active FOF?
Yes. 14.6% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Groww Multi Asset Omni FOF and HDFC Diversified Equity All Cap Active FOF?
Groww Multi Asset Omni FOF: Paras Matalia, Wilfred Gonsalaves, Shashi Kumar. HDFC Diversified Equity All Cap Active FOF: FM - Ihab Dalwai.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.