mutual funds hdfc multi asset allocation fund directgrowth

holdings

HDFC Multi Asset Allocation Fund Direct-Growth

Hybrid: Multi Asset Allocation - Growth (Open ended)

HDFC Multi Asset Allocation Fund Direct-GrowthNAV: 84.85 as on 06 Sep, 2026

Risk levelCategoryBenchmark

Factsheet

SEBI Riskometer: Very HighCategory: Hybrid: Multi Asset AllocationCheck Portfolio Overlap →

NAV: ₹84.85-0.39%

07 Sept 2026

Holdings Analysis

Equity, debt and cash allocation snapshot with market cap distribution for HDFC Multi Asset Allocation Fund Direct-Growth.

Asset Allocation

As on 31 Jul 2026

Equity

59.50%

Others

13.83%

Commodities

12.41%

Debt

12.20%

Real estate

2.05%

Market Cap Distribution

Large Cap (80.9%)

Mid Cap (7.4%)

Small Cap (11.7%)

Historical Asset Allocation

Asset	31 Jul 2026	30 Jun 2026	31 May 2026	30 Apr 2026	31 Mar 2026	28 Feb 2026
Equity	59.50%	57.66%	55.28%	55.57%	56.62%	52.49%
Debt	12.20%	14.57%	11.86%	10.02%	10.88%	11.23%
Others (incl. cash)	13.83%	14.75%	18.66%	21.21%	19.33%	22.98%
Commodities	12.41%	11.15%	12.39%	11.37%	11.26%	11.41%
Real Estate	2.05%	1.87%	1.81%	1.82%	1.90%	1.89%

Portfolio Snapshot

No. of Securities

122

P/E Ratio

21.65

P/B Ratio

3.13

Top Holding %

13.62%

Top 5 Holdings %

39.05%

Top 10 Holdings %

50.98%

Modified Duration

2.36 yrs

Avg. Maturity

2.84 yrs

Yield to Maturity

7.03%

AUM

₹5,980 Cr

Expense Ratio

1.01%

Since Inception

11.49%

Max Drawdown

-0.27%

Sharpe Ratio

0.92

Top Portfolio Holdings by Weight

Latest portfolio holdings sorted by allocation weight. Includes instrument name, sector, number of shares, market value (₹ Cr) and percentage of net assets. Switch dates or categories using the controls below.

Instrument	Sector	No. of Shares	Value (Rs. Cr)	Weight	Change
Reliance Industries Ltd.	Energy	23,66,500	309.49	5.18%	-0.03%↓
ICICI Bank Ltd.	Financial	20,73,100	297.57	4.98%	0.13%↑
HDFC Bank Ltd.	Financial	35,00,000	261.85	4.38%	-0.37%↓
Bharti Airtel Ltd.	Communication	9,97,925	196.79	3.29%	0.15%↑
Axis Bank Ltd.	Financial	12,00,000	147.54	2.47%	-0.28%↓
Kotak Mahindra Bank Ltd.	Financial	36,00,000	140.51	2.35%	-0.05%↓
NTPC Ltd.	Energy	33,51,500	116.38	1.95%	-1.24%↓
Maruti Suzuki India Ltd.	Automobile	78,800	112.16	1.88%	-0.02%↓
Sun Pharmaceutical Industries Ltd.	Healthcare	5,46,750	108.83	1.82%	0.09%↑
Infosys Ltd.	Technology	7,50,000	84.76	1.42%	0.14%↑
Tata Consultancy Services Ltd.	Technology	3,50,000	82.8	1.38%	0.18%↑
Divis Laboratories Ltd.	Healthcare	1,00,000	80.56	1.35%	0.23%↑
Interglobe Aviation Ltd.	Services	1,50,000	77.57	1.30%	-0.07%↓
State Bank of India	Financial	7,50,000	77.06	1.29%	-0.02%↓
Mahindra & Mahindra Ltd.	Automobile	2,23,200	75.85	1.27%	0.53%↑
Eternal Ltd.	Services	25,02,425	75.69	1.27%	0.14%↑
Bajaj Finserv Ltd.	Financial	3,63,000	73.66	1.23%	0.13%↑
Larsen & Toubro Ltd.	Construction	1,80,075	70.93	1.19%	-0.08%↓
Hyundai Motor India Ltd.	Automobile	3,00,000	65.42	1.09%	0.12%↑
Power Grid Corporation Of India Ltd.	Energy	22,60,800	64.26	1.07%	-0.22%↓

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Sector-wise Portfolio Allocation

Equity exposure by sector as a percentage of total net assets, tracked across recent portfolio dates. Identifies concentration risk and sector rotation trends in the fund's holdings.

Sector	31 Jul 2026	30 Jun 2026	31 May 2026	30 Apr 2026	31 Mar 2026	28 Feb 2026
Financial	17.75%	17.70%	16.15%	16.39%	16.33%	14.56%
Energy	7.39%	7.49%	7.50%	8.45%	8.89%	7.64%
Automobile	6.67%	6.28%	5.97%	5.00%	5.30%	5.03%
Healthcare	5.62%	5.24%	4.92%	4.67%	5.13%	5.03%
Technology	4.52%	3.92%	4.35%	4.61%	5.01%	5.05%
Services	4.36%	4.26%	3.68%	3.58%	3.14%	2.36%
Consumer Staples	2.88%	2.82%	2.75%	2.91%	2.60%	2.46%
Insurance	2.74%	2.82%	2.67%	2.59%	2.24%	2.35%
Communication	2.42%	1.80%	1.85%	1.84%	2.05%	1.80%
Construction	1.55%	1.64%	1.58%	1.58%	1.66%	1.88%
Metals & Mining	1.05%	1.08%	1.15%	1.12%	1.30%	1.35%
Capital Goods	0.84%	0.79%	0.80%	0.84%	0.84%	0.70%
Chemicals	0.58%	0.56%	0.62%	0.65%	0.64%	0.63%
Materials	0.58%	0.70%	0.68%	0.70%	0.84%	0.93%
Consumer Discretionary	0.56%	0.57%	0.59%	0.65%	0.65%	0.72%

Debt Holdings — Credit Quality Profile

Allocation of debt instruments by credit rating (AAA, AA, A, and below investment grade) as a percentage of net assets, compared against the category average. Higher AAA allocation indicates lower credit risk.

Rating	Fund	Category
Cash	8.37%	1.67%
Cash & Call Money	5.26%	6.40%
AAA	4.88%	6.41%
SOV	3.35%	7.23%
AA+	2.42%	1.62%
A1+	0.97%	1.57%
AA	0.42%	0.80%
Term Deposits	0.17%	0.16%
A	-	0.00%
A+	-	0.10%
AA-	-	0.23%
Others	-	0.06%

Equity Insights

A detailed look at the equity holdings of this scheme — aggregated scores on value, momentum, quality parameters along with diversification and performance analysis.

Style Analysis

Value score

57.8 / 100

Weighted average Value score is 57.8. This indicates that portfolio is relatively reasonably valued using composite of value measures.

Price Momentum score

50.6 / 100

Weighted average Price Momentum score is 50.6. This indicates that portfolio has average momentum using composite of momentum measures.

Quality score

71.0 / 100

Weighted average Quality score is 71.0. This indicates that portfolio has average quality using composite of quality measures.

QVM score

69.1 / 100

Weighted average QVM score is 69.1. This indicates that portfolio has average QVM score and hence a neutral stance is warranted.

Red Flags

Earnings manipulation risk (Beneish M-score)

Following stocks have high risk of potential earnings manipulation (Beneish M-score > -1.78):

Name	Value
Balkrishna Industries Ltd.	-1.51
Hindustan Unilever Ltd.	-1.56
Bajaj Auto Ltd.	-0.72

Declining revenues

Following companies have seen their sales decline for 2 consecutive quarters (measured on yoy basis): Gateway Distriparks Ltd., ITC Ltd., United Spirits Ltd.

High leverage

Following companies have debt to equity of greater than 2:

Name	Value
Jubilant FoodWorks Ltd.	2.14
Interglobe Aviation Ltd.	11.15

Debt Insights

A detailed look at the debt holdings of this scheme — Is the scheme yielding enough? Includes credit quality, instrument breakdown and SEBI risk classification.

SEBI PRC matrix

Credit risk

	Interest risk
	Low	Moderate	High
Low
Moderate
High

Instruments

Full name	Description	Coupon rate	Maturity	Rating raw	Weight
Muthoot Finance Ltd.	Debenture	8.05%	25/11/2027	CRISIL - AA+	1.25%
GOI	GOI Securities	7.18%	14/08/2033	SOV	1.19%
Mahindra & Mahindra Financial Services Ltd.	Debenture	0.00%	18/05/2029	CRISIL - AAA	0.84%
Muthoot Finance Ltd.	Debenture	0.00%	26/07/2029	CRISIL - AA+	0.84%
GOI	GOI Securities	7.10%	18/04/2029	SOV	0.60%
State Bank of India	Bonds	7.33%	20/09/2039	CRISIL - AAA	0.59%
360 ONE Wealth Ltd.	Debenture	0.00%	25/07/2028	ICRA - AA	0.42%
LIC Housing Finance Ltd.	Debenture	7.83%	25/09/2026	CRISIL - AAA	0.42%
LIC Housing Finance Ltd.	Bonds/Debentures	7.57%	18/10/2029	CRISIL - AAA	0.42%
SMFG India Credit Company Ltd.	Non Convertible Debenture	8.30%	30/06/2027	CARE - AAA	0.42%
Siddhivinayak Securitisation Trust	Securitised Debt	0.00%	0	CRISIL - AAA(SO)	0.41%
Punjab National Bank	Certificate of Deposit	0.00%	12/03/2027	CARE - A1+	0.40%
Union Bank of India	Certificate of Deposit	0.00%	19/01/2027	ICRA - A1+	0.40%
Cholamandalam Investment and Finance Company Ltd.	Bonds	8.65%	28/02/2029	ICRA - AA+	0.34%
GOI	GOI Securities	7.17%	17/04/2030	SOV	0.26%
GOI	GOI Securities	7.23%	15/04/2039	SOV	0.26%
GOI	GOI Securities	7.10%	08/04/2034	SOV	0.26%
Bharti Telecom Ltd.	Debenture	8.95%	04/12/2026	CRISIL - AAA	0.25%
LIC Housing Finance Ltd.	Debenture	7.87%	14/05/2029	CRISIL - AAA	0.25%
Small Industries Devp. Bank of India Ltd.	Debenture	7.83%	24/11/2028	CRISIL - AAA	0.25%
GOI	GOI Securities	7.38%	20/06/2027	SOV	0.25%
HDFC Bank Ltd.	Fixed Deposits	9.05%	16/10/2028	CRISIL - AAA	0.17%
GOI	GOI Securities	6.94%	11/05/2036	SOV	0.17%
GOI	GOI Securities	7.06%	10/04/2028	SOV	0.17%
Small Industries Devp. Bank of India Ltd.	Bonds	7.48%	24/05/2029	CRISIL - AAA	0.17%
National Bank For Agriculture & Rural Development	Bonds	7.64%	06/12/2029	ICRA - AAA	0.17%
Bank Of Baroda	Certificate of Deposit	0.00%	06/01/2027	CARE - A1+	0.16%
National Bank For Agriculture & Rural Development	Debenture	7.70%	30/09/2027	ICRA - AAA	0.13%
Pipeline Infrastructure (India) Pvt. Ltd.	Debenture	7.96%	11/03/2028	CRISIL - AAA	0.10%
Bank Of Baroda	Bonds	7.75%	21/12/2033	CRISIL - AAA	0.08%
National Bank For Agriculture & Rural Development	Bonds	7.37%	28/05/2035	CRISIL - AAA	0.08%
Power Finance Corporation Ltd.	Bonds	7.40%	15/01/2035	CRISIL - AAA	0.08%
GOI	GOI Securities	7.34%	22/04/2064	SOV	0.08%
GOI	GOI Securities	6.54%	17/01/2032	SOV	0.08%
REC Ltd.	Bonds	7.35%	31/07/2034	CRISIL - AAA	0.08%
Power Finance Corporation Ltd.	Bonds	7.44%	15/01/2030	CRISIL - AAA	0.08%
National Bank For Agriculture & Rural Development	Debenture	7.80%	15/03/2027	ICRA - AAA	0.04%
GOI	GOI Securities	7.18%	24/07/2037	SOV	0.03%

Frequently Asked Questions

What are the top holdings of HDFC Multi Asset Allocation Fund Direct-Growth?

The top holdings of HDFC Multi Asset Allocation Fund Direct-Growth as of 31 Jul 2026 are Others (13.62%), HDFC Gold ETF (10.89%), Reliance Industries Ltd. (5.18%), ICICI Bank Ltd. (4.98%), HDFC Bank Ltd. (4.38%). These top 5 stocks together account for 39.05% of the total portfolio. You can view the complete holdings breakdown above.

How many stocks does HDFC Multi Asset Allocation Fund Direct-Growth hold in its portfolio?

HDFC Multi Asset Allocation Fund Direct-Growth holds 122 stocks in its portfolio as of 31 Jul 2026. The fund's portfolio size reflects the fund manager's investment approach, a more concentrated portfolio indicates higher conviction bets, while a larger number of holdings suggests a more diversified strategy.

What is the sector allocation of HDFC Multi Asset Allocation Fund Direct-Growth?

As of 31 Jul 2026, HDFC Multi Asset Allocation Fund Direct-Growth's top sector allocations are Financial (17.75%), Energy (7.39%), Automobile (6.67%). You can find detailed sector allocation above.

What is the equity and debt allocation of HDFC Multi Asset Allocation Fund Direct-Growth?

As of 31 Jul 2026, HDFC Multi Asset Allocation Fund Direct-Growth has 59.50% allocated to equity, and 12.20% to debt. You can also check the historical trends above.

What is the market cap allocation of HDFC Multi Asset Allocation Fund Direct-Growth?

As of 31 Jul 2026, HDFC Multi Asset Allocation Fund Direct-Growth's market cap allocation is 80.94% in large caps, 7.39% in mid caps, and 11.66% in small caps.

What is the PE ratio of HDFC Multi Asset Allocation Fund Direct-Growth's portfolio?

The portfolio PE ratio of HDFC Multi Asset Allocation Fund Direct-Growth is 21.65 as of 31 Jul 2026. The portfolio PE ratio tells you how expensive or cheap the fund's holdings are relative to their earnings.

What is the credit quality of HDFC Multi Asset Allocation Fund Direct-Growth?

As of 31 Jul 2026, HDFC Multi Asset Allocation Fund Direct-Growth's debt portfolio has 4.88% in AAA-rated instruments, 0.42% in AA-rated, and 3.35% in sovereign securities. Higher allocation to AAA and sovereign instruments indicates lower credit risk in the non-equity portion of the portfolio.

When is the latest portfolio disclosure for HDFC Multi Asset Allocation Fund Direct-Growth?

The latest portfolio disclosure for HDFC Multi Asset Allocation Fund Direct-Growth is as of 31 Jul 2026. SEBI requires all mutual funds to disclose their complete portfolio holdings on a monthly basis, typically within 10 days of the end of each month.

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Asset

31 Jul 2026

30 Jun 2026

31 May 2026

30 Apr 2026

31 Mar 2026

28 Feb 2026

Equity

59.50%

57.66%

55.28%

55.57%

56.62%

52.49%

Debt

12.20%

14.57%

11.86%

10.02%

10.88%

11.23%

Others (incl. cash)

13.83%

14.75%

18.66%

21.21%

19.33%

22.98%

Commodities

12.41%

11.15%

12.39%

11.37%

11.26%

11.41%

Real Estate

2.05%

1.87%

1.81%

1.82%

1.90%

1.89%

Instrument

Sector

No. of Shares

Value (Rs. Cr)

Weight

Change

Reliance Industries Ltd.

Energy

23,66,500

309.49

5.18%

-0.03%↓

ICICI Bank Ltd.

Financial

20,73,100

297.57

4.98%

0.13%↑

HDFC Bank Ltd.

Financial

35,00,000

261.85

4.38%

-0.37%↓

Bharti Airtel Ltd.

Communication

9,97,925

196.79

3.29%

0.15%↑

Axis Bank Ltd.

Financial

12,00,000

147.54

2.47%

-0.28%↓

Kotak Mahindra Bank Ltd.

Financial

36,00,000

140.51

2.35%

-0.05%↓

NTPC Ltd.

Energy

33,51,500

116.38

1.95%

-1.24%↓

Maruti Suzuki India Ltd.

Automobile

78,800

112.16

1.88%

-0.02%↓

Sun Pharmaceutical Industries Ltd.

Healthcare

5,46,750

108.83

1.82%

0.09%↑

Infosys Ltd.

Technology

7,50,000

84.76

1.42%

0.14%↑

Tata Consultancy Services Ltd.

Technology

3,50,000

82.8

1.38%

0.18%↑

Divis Laboratories Ltd.

Healthcare

1,00,000

80.56

1.35%

0.23%↑

Interglobe Aviation Ltd.

Services

1,50,000

77.57

1.30%

-0.07%↓

State Bank of India

Financial

7,50,000

77.06

1.29%

-0.02%↓

Mahindra & Mahindra Ltd.

Automobile

2,23,200

75.85

1.27%

0.53%↑

Eternal Ltd.

Services

25,02,425

75.69

1.27%

0.14%↑

Bajaj Finserv Ltd.

Financial

3,63,000

73.66

1.23%

0.13%↑

Larsen & Toubro Ltd.

Construction

1,80,075

70.93

1.19%

-0.08%↓

Hyundai Motor India Ltd.

Automobile

3,00,000

65.42

1.09%

0.12%↑

Power Grid Corporation Of India Ltd.

Energy

22,60,800

64.26

1.07%

-0.22%↓

Sector

31 Jul 2026

30 Jun 2026

31 May 2026

30 Apr 2026

31 Mar 2026

28 Feb 2026

Financial

17.75%

17.70%

16.15%

16.39%

16.33%

14.56%

Energy

7.39%

7.49%

7.50%

8.45%

8.89%

7.64%

Automobile

6.67%

6.28%

5.97%

5.00%

5.30%

5.03%

Healthcare

5.62%

5.24%

4.92%

4.67%

5.13%

5.03%

Technology

4.52%

3.92%

4.35%

4.61%

5.01%

5.05%

Services

4.36%

4.26%

3.68%

3.58%

3.14%

2.36%

Consumer Staples

2.88%

2.82%

2.75%

2.91%

2.60%

2.46%

Insurance

2.74%

2.82%

2.67%

2.59%

2.24%

2.35%

Communication

2.42%

1.80%

1.85%

1.84%

2.05%

1.80%

Construction

1.55%

1.64%

1.58%

1.66%

1.88%

Metals & Mining

1.05%

1.08%

1.15%

1.12%

1.30%

1.35%

Capital Goods

0.84%

0.79%

0.80%

0.84%

0.70%

Chemicals

0.58%

0.56%

0.62%

0.65%

0.64%

0.63%

Materials

0.58%

0.70%

0.68%

0.70%

0.84%

0.93%

Consumer Discretionary

0.56%

0.57%

0.59%

0.65%

0.72%

Rating

Fund