A WELL-ROUNDED

INVESTMENT SOLUTION,
PREPARED WITH
EXPERTISE.

HDFC MULTI-ASSET FUND

Each asset class behaves differently across different economic cycles. As Asset class winners
keep changing, asset allocation is critical for wealth creation. HDFC Multi-Asset Fund (“the
Scheme”), which invests in 3 asset classes viz. Equity, Debt and Gold, aims to meet asset allocation
needs of investors in a dynamic way.

HDFC Multi-Asset Fund:

A one stop solution for diversification across asset classes viz. Equity, Debt,
Gold where -
Equity aims to provide capital appreciation, Debt aims to provide stability to the portfolio
and Gold is a potential safe haven asset class, which could provide hedge against inflation
and currency depreciation.

The Scheme adopts a model driven approach to equity allocation considering multiple
valuation parameters, with the portfolio being re-balanced on a monthly basis.

Fund Manager will increase exposure to equity when market valuations are attractive and
will prune down the equity exposure when equity markets are expensive or volatile.
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 Unhedged equity exposure as of August 2024 is 47% vs ~55% in May 2021.

HDFC Multi Asset Fund - Unhedged Equity (Net Equity) %

85000
Unhedged Equity (Net Equity) % (LHS) in the scheme SENSEX (RHS)
59
Unhedged Equity (Net Equity) %

80000
57
55 55 56 75000
55 55 55
55 54 5454 54
54 54 54
53 53 53 54 54
535353 70000

SENSEX
53 52 53 52
52 52
50 65000
51
50 50
49 49
49 49 60000
49 48 48 48
48 48
47 46 47 55000

45 50000
May-21
Jun-21
Jul-21
Aug-21
Sep-21
Oct-21
Nov-21
Dec-21
Jan-22
Feb-22
Mar-22
Apr-22
May-22
Jun-22
Jul-22
Aug-22
Sep-22
Oct-22
Nov-22
Dec-22
Jan-23
Feb-23
Mar-23
Apr-23
May-23
Jun-23
Jul-23
Aug-23
Sep-23
Oct-23
Nov-23
Dec-23
Jan-24
Feb-24
Mar-24
Apr-24
May-24
Jun-24
Jul-24
Aug-24
The total equity exposure (hedged + unhedged) is maintained above 65% so as to retain the
equity taxation benefit at all points in time.

Portfolio Positioning as on August 31, 2024.

Asset Allocation (% of Total Assets)

REITs/InvITs&
2%
Debt $
21%

Equity
(Unhedged)
47%
Gold related
instruments
11%

Equity (Hedged)
19%

HDFC Multi-Asset Fund aims to generate superior risk-adjusted returns by reducing portfolio
volatility and is a suitable investment avenue for investors who are looking for a single product to
provide exposure to 3 asset classes – Equity, Debt and Gold with a medium to long term
investment horizon.
$ Includes Cash, cash equivalents and Net Current Assets. & Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvIT). The current
investment strategy is subject to change depending on the market conditions. For complete portfolio, please refer our website www.hdfcfund.com

To start an SIP in HDFC Multi-Asset Fund, please contact your Mutual Fund Distributor / Registered Investment Advisor or give a missed call on 7397412345.

HDFC Multi-Asset Fund (An Open-ended Scheme Investing In Equity And Equity Riskometer #
Related Instruments, Debt & Money Market Instruments And Gold related
instruments) is suitable for investors who are seeking*:
Modera
oderate High tely
o M
• To generate long-term capital appreciation/income w t erate Hi
Mo Lo

gh
d

• Investments in a diversified portfolio of equity and equity related

instruments, debt & money market instruments and Gold related instruments
Very
High
Low

*Investors should consult their financial advisers, if in doubt about whether

the product is suitable for them. RISKOMETER
Investors understand that their principal will be at
#For latest Riskometer, investors may refer to the Monthly Portfolios disclosed high risk
on the website of the Fund viz. www.hdfcfund.com

Date of Release: September 19, 2024

MUTUAL FUND INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY. 2/2