Mutual fund · Multi Asset Allocation
HDFC Multi Asset Allocation Fund
₹5,782 cr across 72 positions, as filed for 2026-09-30. Returns are the fund's AMFI growth-plan NAV; holdings and behavior come from its filed monthly portfolios.
Returns, against the category
Q2 FY27: 0% over 1 year against the median Multi Asset Allocation fund's +7%.
| Over | Quarter | 1 year | 3 years (ann.) | 5 years (ann.) |
|---|---|---|---|---|
| HDFC Multi Asset Allocation Fund | −1% | 0% | +10% | +9% |
| Median Multi Asset Allocation fund | −1% | +7% | +13% | +12% |
+18%Q3 FY24+23%Q4 FY24+23%Q1 FY25+26%Q2 FY25+13%Q3 FY25+10%Q4 FY25+9%Q1 FY26+5%Q2 FY26+13%Q3 FY26+5%Q4 FY26+3%Q1 FY270%Q2 FY27
What moved the fund, last 12 filed months
Contribution = the fund's filed weight each month × that stock's price move in its own filings, in percentage points of NAV. Corporate-action months are left out.
| Stock | 12 months | Latest month |
|---|---|---|
| State Bank of India | +0.6 pp | −0.1 pp |
| Hindalco Industries Ltd. | +0.5 pp | −0.0 pp |
| Titan Company Ltd. | +0.4 pp | −0.0 pp |
| Bharti Airtel Ltd. | +0.3 pp | −0.1 pp |
| Eicher Motors Ltd. | +0.3 pp | −0.1 pp |
| Stock | 12 months | Latest month |
|---|---|---|
| Infosys Limited | −1.3 pp | −0.2 pp |
| Tata Consultancy Services Ltd. | −1.2 pp | −0.2 pp |
| ITC LIMITED | −0.5 pp | +0.0 pp |
| HDFC Bank Ltd. | −0.4 pp | −0.0 pp |
| HCL Technologies Ltd. | −0.4 pp | −0.1 pp |
Holdings, as filed for 2026-09-30
| Holding | Sector | % of fund | Value | Held for | Vs avg cost |
|---|---|---|---|---|---|
| HDFC Bank | Financial Services | 6.86% | ₹397 cr | 46 mo | -6% |
| Reliance Industries Limited | Oil, Gas & Consumable Fuels | 4.86% | ₹281 cr | 46 mo | -9% |
| ICICI Bank | Financial Services | 4.74% | ₹274 cr | 46 mo | +13% |
| Bharti Airtel Limited | Telecommunication | 2.89% | ₹167 cr | 46 mo | +28% |
| Kotak Mahindra Bank Limited | Financial Services | 2.60% | ₹150 cr | 43 mo | +7% |
| Axis Bank | Financial Services | 2.54% | ₹147 cr | 46 mo | +8% |
| Maruti Suzuki India Limited | Automobile and Auto Components | 1.94% | ₹112 cr | 46 mo | -3% |
| NTPC Limited | Power | 1.87% | ₹108 cr | 46 mo | +12% |
| Sun Pharmaceutical Industries Limited | Healthcare | 1.72% | ₹99 cr | 46 mo | +12% |
| Divi's Laboratories Limited | Healthcare | 1.61% | ₹93 cr | 2 mo | -2% |
| Infosys | Information Technology | 1.29% | ₹75 cr | 46 mo | -36% |
| InterGlobe Aviation Limited | Services | 1.29% | ₹75 cr | 23 mo | +2% |
| State Bank of India | Financial Services | 1.24% | ₹72 cr | 46 mo | +21% |
| Tata Consultancy Services Limited | Information Technology | 1.24% | ₹72 cr | 46 mo | -37% |
| Tata Steel | Metals & Mining | 1.21% | ₹70 cr | 46 mo | +15% |
How this fund actually behaves
Computed from every filed monthly portfolio (46 months of filings) by the research pipeline.
| Holding patience | Median months a position is held (25th–75th band) | 23 mo (7–32) |
| Win rate on exits | Closed positions sold above entry, and the payoff ratio (33 exits) | 73% · payoff 3.6× |
| Loser handling | Cuts losers vs averages down, from 12 months of filings | Averages down |
| Entry valuation discipline | Median P/E paid on entries over 36 months; share above 50× | 38× · 45% over 50× |
| Portfolio valuation today | Weighted P/E and P/B of the current book at filed prices | 30.0× P/E · 5.4× P/B · 2% loss-makers |
| Churn | Stocks entered and exited in 12 months, of 72 positions | 11 in · 12 out |
| Concentration | Top 10 holdings' share; effective number of positions | 32% · ~30 effective |