HDFC Multi Cap Fund is a Multi Cap fund run by HDFC Mutual Fund. On 30-09-2026, it managed ₹19,490 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 10.3% a year and its Regular plan returned 9.2% a year. Its benchmark, Nifty500 Multicap 50:25:25 TRI, returned 11.3% a year over the same 3 years.
NAV (Direct plan)
₹18.50
▼ 0.53% · 30-10-2026
NAV (Regular plan)
₹17.50
▼ 0.53% · 30-10-2026
Expense ratio
0.96%Direct1.79%Regular
0.96%
A year
Riskometer
Very High
Set by the fund house
3 year return
10.3%Direct9.2%Regular
10.3%
A year
HDFC Multi Cap Fund NAV Today
NAV on 30-10-2026: Direct Plan Growth ₹18.50 (down 0.53% that day); Regular Plan Growth ₹17.50 (down 0.53% that day).
This fund (Direct plan)
₹18.50
HDFC Multi Cap Fund Returns vs Nifty500 Multicap 50:25:25 TRI
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)
−2.40%
−6.98%
−3.36%
−9.57%
+10.26%
--
--
This fund (Regular)
−2.46%
−7.17%
−3.77%
−10.35%
+9.19%
--
--
Nifty500 Multicap 50:25:25 TRI
−1.85%
−6.19%
−2.20%
−6.04%
+11.26%
+10.51%
--
Multi Cap average
−2.65%
−3.95%
+1.99%
−1.14%
+13.54%
--
--
Best in Multi Cap
−1.18%
+3.90%
+17.42%
+10.28%
+18.70%
--
--
Worst in Multi Cap
−5.15%
−8.29%
−5.16%
−9.57%
+5.07%
--
--
Rank in Multi Cap
15/33
29/32
30/32
32/32
20/23
--
--
Category rows compare the Direct plans of 33 Multi Cap funds. Rank 1 is the highest return.
HDFC Multi Cap Fund Year-wise Returns
Return of each calendar year
Year
Direct
Regular
Nifty500 Multicap 50:25:25 TRI
2026to date
−8.15%
−8.81%
−5.56%
2025
+3.34%
+2.41%
+5.29%
2024
+22.21%
+20.87%
+19.34%
2023
+41.93%
+40.19%
+33.74%
2022
+11.30%
+9.61%
+2.84%
HDFC Multi Cap Fund 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 466 periods, one for each trading day from 10-12-2024 to 30-10-2026.
0%5%10%15%20%25%30%
HDFC Multi Cap Fund (Direct)
Nifty500 Multicap 50:25:25 TRI
Feb 2022 to Feb 2025May 2022 to May 2025Sept 2022 to Sept 2025Jan 2023 to Jan 2026May 2023 to May 2026Sept 2023 to Sept 2026
HDFC Multi Cap Fund (Direct)Nifty500 Multicap 50:25:25 TRI
0%
0%
Below 0%
0%
0%
0-5%
1%
0%
5-10%
16%
20%
10-15%
20%
66%
15-20%
49%
13%
20-25%
15%
1%
Above 25%
Every holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
Benchmark median
Beat benchmark
1 year
956
12.6%
−10.6%
54.7%
15%
8.9%
65%
2 years
711
24.6%
−4.9%
46.6%
8%
20.5%
81%
3 years
466
21.1%
9.4%
30.0%
0%
17.6%
81%
Every SIP holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
Benchmark median
Beat benchmark
1 year
47
13.3%
−20.5%
56.0%
17%
12.2%
64%
2 years
35
12.6%
−7.2%
47.3%
9%
12.0%
69%
3 years
23
17.1%
1.5%
30.2%
0%
15.1%
70%
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. "Beat benchmark" counts the periods in which the fund did better than Nifty500 Multicap 50:25:25 TRI over the same days. Past returns do not promise future returns.
HDFC Multi Cap Fund Risk
How much it swings, and the falls an investor had to sit through
Risk and return
Measure
HDFC Multi Cap Fund (Direct)This fund
Nifty500 Multicap 50:25:25 TRI
Return (CAGR)
−9.57%
−6.04%
Standard deviation
14.37%
15.02%
Sharpe ratio
-1.03
-0.75
Sortino ratio
-1.37
-1.00
Maximum drawdown
−15.0%
(30-03-2026)
−14.6%
(30-03-2026)
Beta
0.95
1.00
Alpha
−4.13%
0.00%
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. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Measure
HDFC Multi Cap Fund (Direct)This fund
Nifty500 Multicap 50:25:25 TRI
Return (CAGR)
+10.26%
+11.26%
Standard deviation
14.74%
15.12%
Sharpe ratio
0.29
0.35
Sortino ratio
0.39
0.46
Maximum drawdown
−20.2%
(03-03-2025)
−19.8%
(03-03-2025)
Beta
0.97
1.00
Alpha
−0.84%
0.00%
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. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Measure
HDFC Multi Cap Fund (Direct)This fund
Nifty500 Multicap 50:25:25 TRI
Return (CAGR)
+13.36%
+10.34%
Standard deviation
14.40%
14.97%
Sharpe ratio
0.52
0.30
Sortino ratio
0.70
0.40
Maximum drawdown
−20.2%
(03-03-2025)
−19.8%
(03-03-2025)
Beta
0.95
1.00
Alpha
+3.23%
0.00%
From daily NAVs, 10-12-2021 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. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
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.
−25%−20%−15%−10%−5%0%
HDFC Multi Cap Fund (Direct)
Nifty500 Multicap 50:25:25 TRI
20222023202420252026
HDFC Multi Cap Fund (Direct)Nifty500 Multicap 50:25:25 TRI
Worst fall
High before it
Bottom
Back at the high
Time to climb back
Below its high today
HDFC Multi Cap Fund (Direct)
−20.2%
27-09-2024
03-03-2025
Not yet
--
−11.4%
Nifty500 Multicap 50:25:25 TRI
−19.8%
26-09-2024
03-03-2025
03-08-2026
17 months
−8.0%
From the Direct plan's daily NAV since 10-12-2021, adjusted for unit splits, and Nifty500 Multicap 50:25:25 TRI over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.
HDFC Multi Cap Fund vs Other Multi Cap Funds
The five Multi Cap funds with the best three year return, and this fund. Direct plans.
AUM is each fund's size at the end of its last reported month, from its own portfolio file. We calculate the risk ratios from daily NAVs over the last three years. The risk-free return is what NSE's overnight rate index earned over the same years. Alpha and beta compare each fund with its own benchmark's TRI. "--" means we have no figure: for alpha and beta, no daily series for that benchmark.
HDFC Multi Cap Fund Expense Ratio and Costs
What each plan charges a year, in force from 01-10-2026
Plan
Base expense ratio
Brokerage
Transaction costs
Levies and GST
Total expense ratio
Multi Cap median
Cost rank (1 = cheapest)
Direct
0.71%
0.03%
0.01%
0.21%
0.96%
0.96%
17/33
Regular
1.42%
0.03%
0.01%
0.33%
1.79%
2.21%
4/33
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. Cost rank: where this plan comes when the Multi Cap funds' plans of the same type are sorted from the lowest total expense ratio to the highest.
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
−10.35%
−9.57%
0.78%
₹89,650
₹90,430
3 years
9.19%
10.26%
1.07% a year
₹1,30,181
₹1,34,046
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 Cap Fund 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 10-12-2021 to 30-10-2026: 59 instalments, ₹5,90,000 in all.
Investment
Invested
Value now
Gain
Return a year
Direct planHDFC Multi Cap Fund (Direct)
₹5,90,000
₹7,46,953
₹1,56,953
9.6%
Regular planHDFC Multi Cap Fund (Regular)
₹5,90,000
₹7,25,410
₹1,35,410
8.4%
Nifty500 Multicap 50:25:25 TRI
₹5,90,000
₹7,37,530
₹1,47,530
9.0%
Category averageCategory average, 33 Multi Cap funds
₹5,90,000
₹7,96,617
₹2,06,617
12.2%
₹0₹2.0 L₹4.0 L₹6.0 L₹8.0 L₹10.0 L
Direct planHDFC Multi Cap Fund (Direct)
Regular planHDFC Multi Cap Fund (Regular)
Nifty500 Multicap 50:25:25 TRI
Category averageCategory average, 33 Multi Cap funds
Amount invested
20222023202420252026
Direct planHDFC Multi Cap Fund (Direct)Regular planHDFC Multi Cap Fund (Regular)Nifty500 Multicap 50:25:25 TRICategory averageCategory average, 33 Multi Cap fundsAmount invested
From each plan's published NAV (Growth option), the benchmark's TRI and the category average, 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 Cap Fund Asset Allocation
Asset allocation as on 30-09-2026
What the fund holds
97.9%Equity
Asset
Fund
Category
Equity
97.9%
94.9%
Cash and others
1.8%
4.5%
Debt
0.3%
0.6%
Market cap of stocks
Market cap
Fund
Category
Large Cap
43.2%
35.5%
Mid Cap
26.3%
27.2%
Small Cap
27.0%
29.4%
Not on AMFI's list
1.4%
2.8%
Share of the whole fund. Category: the average of the Multi Cap funds that hold stocks. Groups follow AMFI's latest list, as SEBI defines them: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
HDFC Multi Cap Fund Sector Allocation
Sector allocation of the fund's stocks as on 30-09-2026
Largest sectors
Banks15.5%
Finance6.9%
Pharmaceuticals & Biotechnology6.2%
Auto Components6.1%
IT - Software5.3%
Leisure Services4.6%
Consumer Durables4.5%
Insurance3.4%
Industrial Products3.4%
Automobiles3.4%
The ten largest of 36 sectors. The other 26 add up to 38.7%.
Sector changes
Sector
July 2026
August 2026
September 2026
Change
Banks
14.3%
14.7%
15.5%
+1.2%
Finance
7.3%
7.0%
6.9%
−0.4%
Pharmaceuticals & Biotechnology
6.0%
6.1%
6.2%
+0.2%
Auto Components
6.9%
6.8%
6.1%
−0.8%
IT - Software
5.7%
5.6%
5.3%
−0.4%
Each sector's share of the fund at the end of each month. The five largest sectors of September 2026. Change: from July 2026 to September 2026, in % of the fund.
HDFC Multi Cap Fund Portfolio Holdings
As on 30-09-2026 · 121 holdings · from the fund house's monthly portfolio
Holdings
Sector / Rating
Weight%
Holdings trend
1M change
HDFC Bank Ltd.
Banks
3.93%
+8.0%
ICICI Bank Ltd.
Banks
3.66%
0.0%
Axis Bank Ltd.
Banks
2.44%
0.0%
Reliance Industries Ltd.
Petroleum Products
2.41%
0.0%
Bharti Airtel Ltd.
Telecom - Services
2.13%
+2.6%
Eternal Limited
Retailing
2.13%
0.0%
Britannia Industries Ltd.
Food Products
2.05%
0.0%
Kotak Mahindra Bank Limited
Banks
1.92%
+19.5%
State Bank of India
Banks
1.77%
0.0%
NTPC Limited
Power
1.72%
0.0%
ICICI Lombard General Insurance Co
Insurance
1.45%
+12.8%
PNB Housing Finance Ltd.
Finance
1.38%
0.0%
Mahindra & Mahindra Ltd.
Automobiles
1.32%
+5.3%
Sona Blw Precision Forgings
Auto Components
1.26%
0.0%
Alkem Laboratories Ltd.
Pharmaceuticals & Biotechnology
1.19%
0.0%
Tata Communications Limited
Telecom - Services
1.15%
0.0%
Maruti Suzuki India Limited
Automobiles
1.12%
0.0%
Five-Star Business Finance Limited
Finance
1.11%
0.0%
Tata Steel Ltd.
Ferrous Metals
1.09%
0.0%
Coforge Limited
IT - Software
1.08%
0.0%
HCL Technologies Ltd.
IT - Software
1.08%
0.0%
Balkrishna Industries Ltd.
Auto Components
1.07%
0.0%
InterGlobe Aviation Ltd.
Transport Services
1.05%
0.0%
Hindustan Unilever Ltd.
Diversified FMCG
1.02%
+23.9%
Au Small Finance Bank Ltd.
Banks
1.01%
0.0%
Bharat Electronics Ltd.
Aerospace & Defense
1.00%
+16.3%
Timken India Ltd.
Industrial Products
1.00%
+0.3%
Jubilant Foodworks Limited
Leisure Services
1.00%
0.0%
Tata Capital Ltd.
Finance
0.98%
0.0%
Max Healthcare Institute Limited
Healthcare Services
0.95%
0.0%
Shriram Finance Ltd.
Finance
0.95%
−15.7%
Prestige Estates Projects Ltd.
Realty
0.95%
0.0%
PB Fintech Limited
Financial Technology (Fintech)
0.93%
+7.9%
Endurance Technologies Ltd.
Auto Components
0.93%
0.0%
Larsen and Toubro Ltd.
Construction
0.92%
0.0%
JSW Dulux Limited
Consumer Durables
0.91%
0.0%
Power Finance Corporation Ltd.
Finance
0.91%
0.0%
ABB India Ltd.
Electrical Equipment
0.90%
0.0%
Divis Laboratories Ltd.
Pharmaceuticals & Biotechnology
0.90%
0.0%
UltraTech Cement Limited
Cement & Cement Products
0.90%
0.0%
Mahanagar Gas Ltd.
Gas
0.88%
0.0%
MphasiS Limited.
IT - Software
0.87%
0.0%
Chalet Hotels Ltd.
Leisure Services
0.84%
0.0%
Aadhar Housing Finance Limited
Finance
0.84%
+7.1%
Aster DM Quality Care Limited
Healthcare Services
0.84%
0.0%
Infosys Limited
IT - Software
0.82%
0.0%
Le Travenues Technology Limited
Leisure Services
0.82%
+3.8%
Lupin Ltd.
Pharmaceuticals & Biotechnology
0.81%
0.0%
Global Health Limited
Healthcare Services
0.79%
0.0%
ACME Solar Holdings Limited
Power
0.79%
+14.9%
Gland Pharma Ltd.
Pharmaceuticals & Biotechnology
0.77%
0.0%
Supreme Industries Ltd.
Industrial Products
0.77%
0.0%
Cholamandalam Financial Holdings Ltd.
Finance
0.76%
+14.6%
Tata Motors Limited
Agricultural, Commercial & Construction Vehicles
0.76%
+11.1%
Bandhan Bank Ltd.
Banks
0.76%
0.0%
Devyani International Ltd
Leisure Services
0.76%
0.0%
Prudent Corporate Advisory Services Limited
Capital Markets
0.74%
0.0%
Indian Hotels Company Ltd.
Leisure Services
0.74%
0.0%
Blue Star Ltd.
Consumer Durables
0.74%
+2.3%
Tube Investments of India Ltd.
Auto Components
0.74%
0.0%
Havells India Ltd.
Consumer Durables
0.70%
0.0%
Max Financial Services Ltd.
Insurance
0.70%
0.0%
Persistent Systems Limited
IT - Software
0.68%
0.0%
Dixon Technologies (India) Ltd.
Consumer Durables
0.68%
+28.5%
HDFC Life Insurance Company Limited
Insurance
0.67%
+13.0%
Eicher Motors Ltd.
Automobiles
0.66%
0.0%
Ajanta Pharma Limited
Pharmaceuticals & Biotechnology
0.65%
0.0%
Delhivery Limited
Transport Services
0.65%
0.0%
DOMS Industries Limited
Household Products
0.65%
+2.5%
Praj Industries Limited
Industrial Manufacturing
0.63%
0.0%
Vesuvius India Ltd.
Industrial Products
0.63%
+20.8%
Gabriel India Ltd.
Auto Components
0.63%
0.0%
Centum Electronics Ltd.
Aerospace & Defense
0.62%
−3.9%
360 ONE WAM LIMITED
Capital Markets
0.61%
+9.5%
Honeywell Automation India Limited
Industrial Manufacturing
0.60%
+48.3%
Ipca Laboratories Ltd.
Pharmaceuticals & Biotechnology
0.59%
0.0%
Brigade Enterprises Limited.
Realty
0.59%
0.0%
Apollo Tyres Ltd.
Auto Components
0.55%
0.0%
Jupiter Life Line Hospitals Limited
Healthcare Services
0.55%
0.0%
CANARA HSBC LIFE INSURANCE COMPANY LIMITED
Insurance
0.54%
0.0%
Whirlpool of India Ltd.
Consumer Durables
0.54%
+0.5%
Oil India Limited
Oil
0.53%
0.0%
Sai Life Sciences Limited
Pharmaceuticals & Biotechnology
0.53%
0.0%
Bharat Forge Ltd.
Auto Components
0.52%
0.0%
Multi Commodity Exchange of India L
Capital Markets
0.51%
0.0%
Embassy Office Parks REIT
Realty
0.50%
Swiggy Limited
Retailing
0.45%
New
Archean Chemical Industries Limited
Chemicals & Petrochemicals
0.45%
0.0%
EIH Ltd.
Leisure Services
0.45%
0.0%
Vedanta Aluminium Metal Limited
Non - Ferrous Metals
0.44%
New
L&T Technology Services Ltd.
IT - Services
0.42%
+0.6%
Birla Corporation Ltd.
Cement & Cement Products
0.42%
+0.2%
Apar Industries Limited
Electrical Equipment
0.42%
−33.2%
JK Tyre & Industries Limited
Auto Components
0.42%
0.0%
JSW Infrastructure Limited
Transport Infrastructure
0.42%
0.0%
Vishal Mega Mart Limited
Retailing
0.41%
0.0%
Carborundum Universal Ltd.
Industrial Products
0.41%
0.0%
Eris Lifesciences Ltd
Pharmaceuticals & Biotechnology
0.41%
0.0%
Godrej Consumer Products Ltd.
Personal Products
0.40%
0.0%
METRO BRANDS LIMITED
Consumer Durables
0.40%
0.0%
Hindustan Petroleum Corp. Ltd.
Petroleum Products
0.38%
−55.3%
Jubilant Ingrevia Limited
Chemicals & Petrochemicals
0.37%
0.0%
Rubicon Research Limited
Pharmaceuticals & Biotechnology
0.37%
0.0%
Shiprocket Limited
Transport Services
0.32%
+30.3%
Bombay Stock Exchange Limited (BSE)
Capital Markets
0.32%
New
BEML Limited
Agricultural, Commercial & Construction Vehicles
0.32%
0.0%
Zensar Technologies Ltd.
IT - Software
0.32%
0.0%
SBI Funds Management Limited
Capital Markets
0.32%
+6.1%
LTM Limited
IT - Software
0.31%
0.0%
HEG Advanced Materials Limited
Industrial Products
0.31%
New
Gulf Oil Lubricants India Ltd.
Petroleum Products
0.28%
0.0%
6.94% GOI MAT 110536 · Government security
Sovereign
0.25%
TVS Motor Company Ltd.
Automobiles
0.25%
0.0%
Cummins India Ltd.
Industrial Products
0.24%
New
Greenply Industries Ltd.
Consumer Durables
0.22%
+15.3%
INDO-MIM Limited
Industrial Manufacturing
0.21%
0.0%
LENSKART SOLUTIONS LIMITED
Retailing
0.18%
0.0%
Sonata Software Ltd.
IT - Software
0.17%
0.0%
Cera Sanitaryware Ltd
Consumer Durables
0.17%
0.0%
Symphony Ltd.
Consumer Durables
0.12%
0.0%
Sagar Cements Ltd.
Cement & Cement Products
0.10%
0.0%
HDFC Multi Cap Fund Stocks Bought and Sold
All changes are between August 2026 and September 2026
More
Stocks bought and sold in September 2026
HDFC Bank Ltd.
↑Added
+8.0%
3.93%
Bharti Airtel Ltd.
↑Added
+2.6%
2.13%
Kotak Mahindra Bank Limited
↑Added
+19.5%
1.92%
ICICI Lombard General Insurance Co
↑Added
+12.8%
1.45%
PB Fintech Limited
↑Added
+7.9%
0.93%
Mahindra & Mahindra Ltd.
↑Added
+5.3%
1.32%
Shriram Finance Ltd.
↓Reduced
−15.7%
0.95%
Hindustan Unilever Ltd.
↑Added
+23.9%
1.02%
Bharat Electronics Ltd.
↑Added
+16.3%
1.00%
Timken India Ltd.
↑Added
+0.3%
1.00%
Trent Ltd.
↓Sold out
−100%
was 0.93%
Hindustan Petroleum Corp. Ltd.
↓Reduced
−55.3%
0.38%
Aadhar Housing Finance Limited
↑Added
+7.1%
0.84%
Le Travenues Technology Limited
↑Added
+3.8%
0.82%
ACME Solar Holdings Limited
↑Added
+14.9%
0.79%
Cholamandalam Financial Holdings Ltd.
↑Added
+14.6%
0.76%
Tata Motors Limited
↑Added
+11.1%
0.76%
Blue Star Ltd.
↑Added
+2.3%
0.74%
Dixon Technologies (India) Ltd.
↑Added
+28.5%
0.68%
HDFC Life Insurance Company Limited
↑Added
+13.0%
0.67%
DOMS Industries Limited
↑Added
+2.5%
0.65%
Vesuvius India Ltd.
↑Added
+20.8%
0.63%
Centum Electronics Ltd.
↓Reduced
−3.9%
0.62%
360 ONE WAM LIMITED
↑Added
+9.5%
0.61%
Apar Industries Limited
↓Reduced
−33.2%
0.42%
Honeywell Automation India Limited
↑Added
+48.3%
0.60%
ESCORTS KUBOTA LIMITED
↓Sold out
−100%
was 0.56%
Wheels India Ltd.
↓Sold out
−100%
was 0.55%
Whirlpool of India Ltd.
↑Added
+0.5%
0.54%
Hindustan Aeronautics Limited
↓Sold out
−100%
was 0.53%
Swiggy Limited
↑New
New
0.45%
L&T Technology Services Ltd.
↑Added
+0.6%
0.42%
Vedanta Aluminium Metal Limited
↑New
New
0.44%
Bajaj Consumer Care Ltd.
↓Sold out
−100%
was 0.44%
Birla Corporation Ltd.
↑Added
+0.2%
0.42%
Kalpataru Projects International Ltd
↓Sold out
−100%
was 0.34%
Shiprocket Limited
↑Added
+30.3%
0.32%
Bombay Stock Exchange Limited (BSE)
↑New
New
0.32%
SBI Funds Management Limited
↑Added
+6.1%
0.32%
HEG Advanced Materials Limited
↑New
New
0.31%
Cummins India Ltd.
↑New
New
0.24%
Greenply Industries Ltd.
↑Added
+15.3%
0.22%
Glenmark Pharmaceuticals Ltd.
↓Sold out
−100%
was 0.04%
Medi Assist Healthcare Services Limited
↓Sold out
−100%
was 0.03%
No stocks in this group for September 2026.
A change is counted by the number of shares the fund holds, not by price. A stock can become a smaller part of the fund in a month when the fund bought more of it, if its price fell. Debt papers are left out.
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 Cap Fund Overview
Fund facts from the scheme summary document, as on 16-10-2026
Expense ratio (Direct)
0.96%
Expense ratio (Regular)
1.79%
Category
Multi Cap
Risk
Very High
Launch date
10-12-2021
Minimum investment
₹100
Minimum additional investment
₹100
AUM
₹19,490.01 Cr (30-09-2026)
Lock in
None
Scheme code (Direct)
149368
ISIN (Direct)
INF179KC1BS5
Scheme code (Regular)
149366
ISIN (Regular)
INF179KC1BV9
NAV history
From 10-12-2021, 4.9 years
Benchmark
NIFTY 500 Multicap 50:25:25 Total Return Index
Exit load
In respect of each purchase/switch in of units, an Exit load of 1% 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.No Entry / Exit Load shall be levied on bonus units and Units allotted on Reinvestment of Income Distribution cum Capital Withdrawal.
Tax on HDFC Multi Cap Fund returns
HDFC Multi Cap Fund is taxed as an equity fund: 65% or more of it is in Indian stocks.
Units sold within 1 year: the gain is taxed at 20%.
Units held longer: gains above ₹1.25 lakh in a financial year, across all your equity funds and shares, are taxed at 12.5%.
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
₹18.50
30-10-2026
direct
IDCW
₹16.906
30-10-2026
regular
Growth
₹17.497
30-10-2026
regular
IDCW
₹15.851
30-10-2026
About HDFC Multi Cap Fund
HDFC Multi Cap Fund is a mutual fund from HDFC Mutual Fund. Its category is Multi Cap. It was launched on 10-12-2021. Its benchmark is NIFTY 500 Multicap 50:25:25 Total Return Index. At the end of September 2026 it held 121 securities.
Fund Manager
Amar Kalkundrikar
Fund manager of HDFC Multi Cap Fund, since 01-09-2025
Gopal Agrawal
Fund manager of HDFC Multi Cap Fund, since 01-09-2026
Bhagyesh Kagalkar
Fund manager of HDFC Multi Cap Fund, since 26-08-2026
Frequently Asked Questions for HDFC Multi Cap Fund
What is the current NAV of HDFC Multi Cap Fund?
The Direct plan NAV is ₹18.50. The Regular plan NAV is ₹17.497, as on 30-10-2026.
What are the returns of HDFC Multi Cap Fund?
The Direct plan returned −9.57% in 1 year, +10.26% a year over 3 years. The Regular plan returned −10.35% in 1 year, +9.19% a year over 3 years. These figures are as on 30-10-2026.
What is the expense ratio of HDFC Multi Cap Fund?
The Direct plan charges 0.96% a year. The Regular plan charges 1.79% a year. This is the figure the fund house reported to AMFI, in force from 01-10-2026.
What is the AUM of HDFC Multi Cap Fund?
HDFC Multi Cap Fund managed ₹19,490.01 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.
What are the top holdings of HDFC Multi Cap Fund?
At the end of September 2026 the largest holdings were HDFCBANK (3.93%), ICICIBANK (3.66%), AXISBANK (2.44%), RELIANCE (2.41%), BHARTIARTL (2.13%). The fund held 121 securities in all.
What did HDFC Multi Cap Fund buy and sell in September 2026?
It bought 5 new stocks: Swiggy Limited, Bombay Stock Exchange Limited (BSE), Vedanta Aluminium Metal Limited, Cummins India Ltd, HEG Advanced Materials Limited. It sold out of 8: ESCORTS KUBOTA LIMITED, Hindustan Aeronautics Limited, Kalpataru Projects International Ltd, Medi Assist Healthcare Services Limited, Wheels India Ltd. It added shares in 27. It reduced 4.
How do I invest in HDFC Multi Cap Fund?
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.
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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