HDFC Multi-Asset Active FOF is a mutual fund run by HDFC Mutual Fund. On 30-09-2026, it managed ₹5,956 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 12.4% a year and its Regular plan returned 11.3% a year.
NAV (Direct plan)
₹20.06
▼ 0.16% · 30-10-2026
NAV (Regular plan)
₹18.84
▼ 0.16% · 30-10-2026
Expense ratio
0.14%Direct1.12%Regular
0.14%
A year
Riskometer
High
Set by the fund house
3 year return
12.4%Direct11.3%Regular
12.4%
A year
HDFC Multi-Asset Active FOF NAV Today
NAV on 30-10-2026: Direct Plan Growth ₹20.06 (down 0.16% that day); Regular Plan Growth ₹18.84 (down 0.16% that day).
This fund (Direct plan)
₹20.055
HDFC Multi-Asset Active FOF Returns
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
Trailing returns
Period
1M
3M
6M
1Y
3Y
5Y
10Y
This fund (Direct)
−0.71%
−3.33%
−0.06%
−0.03%
+12.43%
+11.98%
--
This fund (Regular)
−0.79%
−3.57%
−0.55%
−1.05%
+11.26%
+10.75%
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Category average
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Best in category
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Worst in category
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Rank in category
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No category comparison is shown: this fund's category is too broad to compare, or has fewer than five funds. This fund's benchmark is 50% NIFTY 50 TRI + 40% NIFTY Composite Debt Index + 10% Gold derived as per regulatory norms. Returns of that index are not available to us.
HDFC Multi-Asset Active FOF Year-wise Returns
Return of each calendar year
Year
Direct
Regular
2026to date
−1.51%
−2.33%
2025
+14.91%
+13.71%
2024
+15.21%
+13.93%
2023
+22.45%
+21.16%
2022
+10.37%
+9.05%
HDFC Multi-Asset Active FOF Rolling Returns
The return of every holding period in the fund's history, not only the one that ends today
Rolling returns
Each point is the yearly return of one 3-year holding period, plotted on the day it ended. There are 614 periods, one for each trading day from 06-05-2024 to 30-10-2026.
0%5%10%15%20%25%
HDFC Multi-Asset Active FOF (Direct)
Jul 2021 to Jul 2024Dec 2021 to Dec 2024May 2022 to May 2025Oct 2022 to Oct 2025Mar 2023 to Mar 2026Aug 2023 to Aug 2026
HDFC Multi-Asset Active FOF (Direct)
0%
Below 0%
0%
0-5%
0%
5-10%
19%
10-15%
81%
15-20%
0%
20-25%
0%
Above 25%
Every holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
1 year
1,107
13.1%
−1.4%
28.6%
1%
2 years
860
16.9%
5.4%
24.7%
0%
3 years
614
16.7%
11.9%
20.2%
0%
5 years
122
13.8%
11.5%
15.1%
0%
Every SIP holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
1 year
54
13.9%
−1.5%
28.8%
6%
2 years
42
15.2%
4.5%
24.9%
0%
3 years
30
16.5%
7.5%
21.6%
0%
Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. Past returns do not promise future returns.
HDFC Multi-Asset Active FOF Risk
How much it swings, and the falls an investor had to sit through
Risk and return
Measure
HDFC Multi-Asset Active FOF (Direct)This fund
Return (CAGR)
−0.03%
Standard deviation
9.36%
Sharpe ratio
-0.56
Sortino ratio
-0.76
Maximum drawdown
−8.8%
(23-03-2026)
From daily NAVs, 30-10-2025 to 30-10-2026. 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.
Measure
HDFC Multi-Asset Active FOF (Direct)This fund
Return (CAGR)
+12.43%
Standard deviation
7.56%
Sharpe ratio
0.85
Sortino ratio
1.17
Maximum drawdown
−8.8%
(23-03-2026)
From daily NAVs, 30-10-2023 to 30-10-2026. 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.
Measure
HDFC Multi-Asset Active FOF (Direct)This fund
Return (CAGR)
+11.98%
Standard deviation
7.38%
Sharpe ratio
0.84
Sortino ratio
1.15
Maximum drawdown
−8.8%
(23-03-2026)
From daily NAVs, 29-10-2021 to 30-10-2026. 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.
Measure
HDFC Multi-Asset Active FOF (Direct)This fund
Return (CAGR)
+13.46%
Standard deviation
7.26%
Sharpe ratio
1.09
Sortino ratio
1.51
Maximum drawdown
−8.8%
(23-03-2026)
From daily NAVs, 05-05-2021 to 30-10-2026. 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.
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.
−10%−8%−6%−4%−2%0%
HDFC Multi-Asset Active FOF (Direct)
20222023202420252026
HDFC Multi-Asset Active FOF (Direct)
Worst fall
High before it
Bottom
Back at the high
Time to climb back
Below its high today
HDFC Multi-Asset Active FOF (Direct)
−8.8%
29-01-2026
23-03-2026
03-08-2026
4 months
−5.3%
From the Direct plan's daily NAV since 05-05-2021, adjusted for unit splits. "Time to climb back" runs from the bottom to the first day back at the old high.
HDFC Multi-Asset Active FOF Expense Ratio and Costs
What each plan charges a year, in force from 01-09-2026
Plan
Base expense ratio
Brokerage
Transaction costs
Levies and GST
Total expense ratio
Direct
0.12%
0.00%
0.00%
0.02%
0.14%
Regular
0.95%
0.00%
0.00%
0.17%
1.12%
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, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file.
Direct vs Regular: what the gap cost
Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.
Over the last
Regular
Direct
Direct earned more by
₹1 lakh became (Regular)
₹1 lakh became (Direct)
1 year
−1.05%
−0.03%
1.02%
₹98,950
₹99,970
3 years
11.26%
12.43%
1.17% a year
₹1,37,726
₹1,42,117
5 years
10.75%
11.98%
1.23% a year
₹1,66,617
₹1,76,077
Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.
HDFC Multi-Asset Active FOF SIP Calculator
What a one-time or monthly investment in this fund would be worth today, from its own NAV history
Growth of an investment
Step up each year
PeriodFor
₹10,000 on the first trading day of every month, from 05-05-2021 to 30-10-2026: 66 instalments, ₹6,60,000 in all.
Investment
Invested
Value now
Gain
Return a year
Direct planHDFC Multi-Asset Active FOF (Direct)
₹6,60,000
₹9,02,395
₹2,42,395
11.3%
Regular planHDFC Multi-Asset Active FOF (Regular)
₹6,60,000
₹8,72,364
₹2,12,364
10.1%
₹0₹2.0 L₹4.0 L₹6.0 L₹8.0 L₹10.0 L
Direct planHDFC Multi-Asset Active FOF (Direct)
Regular planHDFC Multi-Asset Active FOF (Regular)
Amount invested
20222023202420252026
Direct planHDFC Multi-Asset Active FOF (Direct)Regular planHDFC Multi-Asset Active FOF (Regular)Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
HDFC Multi-Asset Active FOF Asset Allocation
Asset allocation as on 30-09-2026
What the fund holds
100.0%Cash and others
Asset
Fund
Cash and others
100.0%
HDFC Multi-Asset Active FOF Portfolio Holdings
As on 30-09-2026 · 18 holdings · from the fund house's monthly portfolio
Holdings
Sector
Weight%
HDFC Large Cap Fund - Direct Plan - Growth Option
19.20%
HDFC Flexi Cap Fund - Direct Plan- Growth Option
17.52%
HDFC Gold Exchange Traded Fund
11.96%
HDFC Short Term Fund - Growth Option - Direct Plan
9.05%
HDFC Corporate Bond Fund - Growth Option - Direct Plan
7.88%
HDFC Small Cap Fund - Direct Plan- Growth Option
6.01%
HDFC Medium Term Fund - Growth Option - Direct Plan
4.07%
HDFC Banking & Financial Services Fund - Direct Plan - Growth Option
3.59%
HDFC Large & Mid Cap Fund - Direct Plan- Growth Option
3.04%
HDFC Technology Fund - Direct Plan - Growth Option
2.95%
HDFC Ultra Short to Short Term Fund - Direct Plan - Growth Option
2.81%
HDFC Medium to Long Term Fund - Direct Plan - Growth Option
2.60%
HDFC Mid Cap Fund - Direct Plan - Growth Option
2.17%
HDFC Consumption Fund - Direct Plan - Growth Option
1.56%
HDFC Gilt Fund - Growth Option - Direct Plan
1.52%
HDFC Dividend Yield Fund - Direct Plan - Growth Option
1.21%
HDFC Infrastructure Fund - Direct Plan- Growth Option
0.95%
HDFC Long Term Fund - Direct Plan - Growth Option
0.59%
HDFC Multi-Asset Active FOF Portfolio Overlap
Funds with the most similar portfolios, across every fund house and category
Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.
HDFC Multi-Asset Active FOF Overview
Fund facts from the scheme summary document, as on 16-10-2026
Expense ratio (Direct)
0.14%
Expense ratio (Regular)
1.12%
Category
Fund of Funds
Risk
High
Launch date
05-05-2021
Minimum investment
₹100
Minimum additional investment
₹100
AUM
₹5,956.23 Cr (30-09-2026)
Lock in
None
Scheme code (Direct)
148903
ISIN (Direct)
INF179KC1BA3
Scheme code (Regular)
148901
ISIN (Regular)
INF179KC1BD7
NAV history
From 05-05-2021, 5.5 years
Benchmark
50% NIFTY 50 TRI + 40% NIFTY Composite Debt Index + 10% Gold derived as per regulatory norms
Exit load
In respect of each purchase / switch-in of Units, upto 15% of the units may be redeemed without any exit load from the date of allotment. Any redemption in excess of the above limit shall be subject to the following exit load: - Exit load of 1.00% is payable if Units are redeemed / switched-out within 1 year from the date of allotment of units. - No Exit Load is payable if Units are redeemed / switched-out after 1 year from the date of allotment.
Tax on HDFC Multi-Asset Active FOF returns
How the gain is taxed depends on what the fund holds. A fund with 65% or more in Indian stocks is taxed as an equity fund: 20% within 1 year, 12.5% after, on gains above ₹1.25 lakh a year.
A fund with 65% or more in debt is taxed at your slab rate. Any other fund: your slab rate within 2 years, 12.5% after.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.
Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.
All plans and options
Plan
Option
NAV
As on
direct
Growth
₹20.055
30-10-2026
direct
IDCW
₹20.055
30-10-2026
regular
Growth
₹18.841
30-10-2026
regular
IDCW
₹18.841
30-10-2026
About HDFC Multi-Asset Active FOF
HDFC Multi-Asset Active FOF is a mutual fund from HDFC Mutual Fund. Its category is Fund of Funds. It was launched on 05-05-2021. Its benchmark is 50% NIFTY 50 TRI + 40% NIFTY Composite Debt Index + 10% Gold derived as per regulatory norms. At the end of September 2026 it held 18 securities.
Fund Manager
Ihab Dalwai
Fund manager of HDFC Multi-Asset Active FOF, since 11-09-2026
Bhagyesh Kagalkar
Fund manager of HDFC Multi-Asset Active FOF, since 23-02-2022
Anil Bamboli
Fund manager of HDFC Multi-Asset Active FOF, since 05-05-2021
Frequently Asked Questions for HDFC Multi-Asset Active FOF
What is the current NAV of HDFC Multi-Asset Active FOF?
The Direct plan NAV is ₹20.055. The Regular plan NAV is ₹18.841, as on 30-10-2026.
What are the returns of HDFC Multi-Asset Active FOF?
The Direct plan returned −0.03% in 1 year, +12.43% a year over 3 years, +11.98% a year over 5 years. The Regular plan returned −1.05% in 1 year, +11.26% a year over 3 years, +10.75% a year over 5 years. These figures are as on 30-10-2026.
What is the expense ratio of HDFC Multi-Asset Active FOF?
The Direct plan charges 0.14% a year. The Regular plan charges 1.12% a year. This is the figure the fund house reported to AMFI, in force from 01-09-2026.
What is the AUM of HDFC Multi-Asset Active FOF?
HDFC Multi-Asset Active FOF managed ₹5,956.23 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.
What are the top holdings of HDFC Multi-Asset Active FOF?
At the end of September 2026 the largest holdings were HDFC Large Cap Fund - Direct Plan - Growth Option (19.20%), HDFC Flexi Cap Fund - Direct Plan- Growth Option (17.52%), HDFCGOLD (11.96%), HDFC Short Term Fund - Growth Option - Direct Plan (9.05%), HDFC Corporate Bond Fund - Growth Option - Direct Plan (7.88%). The fund held 18 securities in all.
How do I invest in HDFC Multi-Asset Active FOF?
Through HDFC Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least ₹100. You can invest once or through a monthly SIP.
Who is the fund manager of HDFC Multi-Asset Active FOF?
What is the exit load of HDFC Multi-Asset Active FOF?
In respect of each purchase / switch-in of Units, upto 15% of the units may be redeemed without any exit load from the date of allotment. Any redemption in excess of the above limit shall be subject to the following exit load: - Exit load of 1.00% is payable if Units are redeemed / switched-out within 1 year from the date of allotment of units. - No Exit Load is payable if Units are redeemed / switched-out after 1 year from the date of allotment.
Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.
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.
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