Introduction
First, diversification is a must in order to have steady returns in a volatile market. Here comes the role of multi-cap funds-stability, growth, and flexibility. HDFC MultiCap Fund is a name that looms large in this space and offers one fund with all three exposures to investors: large-cap, mid-cap, and small-cap.
If you are a novice investor setting out to build a long-term portfolio, theHDFC MultiCap Fund is definitely something to look into. Let's analyze this.
What is HDFC MultiCap Fund?
HDFC MultiCap Fund is an open-ended equity mutual fund launched in December 2021. The fund invests 25 per cent at least in large-cap, mid-cap, and small-cap companies so that the investors can get the best of all worlds. The following is as of March 31, 2024:
1. Best MultiCap Fund in India
If you are indeed searching for what is the best multiCap fund in India, this fund ranks highly because of its disciplined structure and its vibrant management. The HDFC MultiCap Fund performance per Morningstar and Value Research is as follows:
2. HDFC Mutual Fund Performance
HDFC Mutual Fund performance in its equity schemes has been strong in recent years, particularly after some reforms happening at the fund house level and a change of leadership. The AMC is one of the most trusted names in the industry, with more than ₹5 lakh crore under management across all its schemes.
The glory of the HDFC MultiCap fund rides on this very legacy of strong HDFC Mutual Fund performance. Such performance is also a reflection of the renewed focus of the fund house on alpha generation and active management. HDFC Mutual Fund performance remains one of the key confidence factors sought by investors.
3. NAV of HDFC MultiCap Fund
The NAV of HDFC MultiCap Fund (Net Asset Value) as of April 10, 2024:
4. HDFC MultiCap Fund SIP Returns
Investing through a HDFC MultiCap Fund SIP is a strategic way to build wealth gradually. Based on April 2024 data:
5. Risk in MultiCap Mutual Funds
While the fund is diversified, understanding the risk in multicap mutual funds is essential. These include:
6. Tax on MultiCap Mutual Funds in India
Understanding the tax on multicap mutual funds in India is crucial:
7. Invest in HDFC MultiCap Fund Online
You can invest in HDFC MultiCap Fund online via:
8. Multicap Fund vs Flexicap Fund
A common question for investors: Multicap fund vs flexicap fund—which is better?
In the multicap fund vs flexicap fund debate, multicap offers structure and balance, while flexicap offers adaptability. HDFC MultiCap Fund fits investors who want structured diversification.
Final Thoughts
The multi-cap assets of the HDFC entail the good features of equity investing-diversification, growth, and professional management. With a history of good returns (almost 39.86% in the last one year), a low direct plan expense ratio (0.53%), and a balanced cap allocation, today it is one of the best multi-cap schemes in India.
The HDFC MultiCap Fund is a disciplined solution oriented toward growth-whether for long-term goals like retirement or wealth creation. But be sure to evaluate your investment horizon and risk appetite before you invest.
First, diversification is a must in order to have steady returns in a volatile market. Here comes the role of multi-cap funds-stability, growth, and flexibility. HDFC MultiCap Fund is a name that looms large in this space and offers one fund with all three exposures to investors: large-cap, mid-cap, and small-cap.
If you are a novice investor setting out to build a long-term portfolio, theHDFC MultiCap Fund is definitely something to look into. Let's analyze this.
What is HDFC MultiCap Fund?
HDFC MultiCap Fund is an open-ended equity mutual fund launched in December 2021. The fund invests 25 per cent at least in large-cap, mid-cap, and small-cap companies so that the investors can get the best of all worlds. The following is as of March 31, 2024:
- AUM: ₹10,437 crore
- Expense Ratio (Regular Plan): 1.74%
- Expense Ratio (Direct Plan): 0.53%
- Fund Manager: Mr. Gopal Agrawal
- Benchmark: Nifty 500 Multicap 50:25:25 TRI
1. Best MultiCap Fund in India
If you are indeed searching for what is the best multiCap fund in India, this fund ranks highly because of its disciplined structure and its vibrant management. The HDFC MultiCap Fund performance per Morningstar and Value Research is as follows:
- 1-year return: ~39.86%
- Return since Inception (CAGR): ~24.70%
2. HDFC Mutual Fund Performance
HDFC Mutual Fund performance in its equity schemes has been strong in recent years, particularly after some reforms happening at the fund house level and a change of leadership. The AMC is one of the most trusted names in the industry, with more than ₹5 lakh crore under management across all its schemes.
The glory of the HDFC MultiCap fund rides on this very legacy of strong HDFC Mutual Fund performance. Such performance is also a reflection of the renewed focus of the fund house on alpha generation and active management. HDFC Mutual Fund performance remains one of the key confidence factors sought by investors.
3. NAV of HDFC MultiCap Fund
The NAV of HDFC MultiCap Fund (Net Asset Value) as of April 10, 2024:
- Regular Plan NAV: ₹17.31
- Direct Plan NAV: ₹18.24
4. HDFC MultiCap Fund SIP Returns
Investing through a HDFC MultiCap Fund SIP is a strategic way to build wealth gradually. Based on April 2024 data:
- 3-year SIP of ₹5,000/month:
- Invested: ₹1.80 lakh
- Current Value: ₹2.65 lakh
- CAGR: ~27.54%
5. Risk in MultiCap Mutual Funds
While the fund is diversified, understanding the risk in multicap mutual funds is essential. These include:
- Market Risk: Exposure to equities
- Mid & Small Cap Volatility: Higher growth potential but more price swings.
- Allocation Risk: Minimum 25% in each cap segment could limit dynamic allocation.
6. Tax on MultiCap Mutual Funds in India
Understanding the tax on multicap mutual funds in India is crucial:
- Short term capital gains-they all have a flat rate of 15%, the security was with the investor for less than a year..
- Long term capital gains: tax is applicable at 10% if the amount of gain exceeds ₹1 lakh after one year of holding.
7. Invest in HDFC MultiCap Fund Online
You can invest in HDFC MultiCap Fund online via:
- HDFC mutual fund’s official website platforms like Groww, Zerodha, Coin, Paytm Money.
- Banking portals and AMFI-registered distributors.H
8. Multicap Fund vs Flexicap Fund
A common question for investors: Multicap fund vs flexicap fund—which is better?
Feature | Multicap Fund | Flexicap Fund |
| Allocation Rule | Fixed: 25% in each category | Fully flexible |
| Risk Profile | Moderately Aggressive | Depends on allocation style |
| Regulatory Mandate | SEBI-defined | No mandatory allocation |
In the multicap fund vs flexicap fund debate, multicap offers structure and balance, while flexicap offers adaptability. HDFC MultiCap Fund fits investors who want structured diversification.
Final Thoughts
The multi-cap assets of the HDFC entail the good features of equity investing-diversification, growth, and professional management. With a history of good returns (almost 39.86% in the last one year), a low direct plan expense ratio (0.53%), and a balanced cap allocation, today it is one of the best multi-cap schemes in India.
The HDFC MultiCap Fund is a disciplined solution oriented toward growth-whether for long-term goals like retirement or wealth creation. But be sure to evaluate your investment horizon and risk appetite before you invest.
