Produced by: Basudha Das
Designed by: Manoj Kumar
Multi-asset or multicap funds are funds that invest across the investment landscape and may include stocks, bonds, and cash.
The multi-asset allocation Mutual Funds are suitable for those who have a low-risk appetite but want to enjoy steady returns on their investments.
Multi-asset allocation enables investors to expose their portfolios to different asset classes. It facilitates investors to lower their risk and derive steady earnings through different market cycles.
HDFC Multi Asset Fund Direct-Growth has Rs 1,913 crores worth of assets under management (AUM) as on June 30, 2023.
HDFC Multi Asset Fund Direct-Growth has given returns of 16.08% for one year. Since launch, it has delivered 11.17% average annual returns. The fund was launched in 2013.
As per the details, HDFC Multi Cap Fund has a 53.49% allocation to equity and 14.54% to debt.
HDFC Multi Cap Fund's equity portion is primarily invested in the Financial, Unclassified, Technology, Consumer Staples, Healthcare sectors. Its net asset value is Rs 59.69, as of September 26, 2023.
HDFC Multi Cap Fund's top 5 holdings are in HDFC Gold Exchange Traded Fund, Government of India, Axis Bank Ltd, ICICI Bank Ltd, Infosys Ltd.
Kotak Multicap Fund Direct - Growth has Rs 5,918 crores worth of assets under management (AUM) as on June 30, 2023.
Kotak Multicap Fund has given returns of 31.66% in last one year. Since launch, it has delivered 15.98% average annual returns. The fund was launched in 2021.
The fund has mainly invested in the Financial, Consumer Staples, Automobile, Services, Energy sectors. Its net asset value is Rs 13.43, as of September 26, 2023.
Kotak Multicap Fund's top 5 holdings are Maruti Suzuki India Ltd, Hero Motocorp Ltd, Power Finance Corpn. Ltd, Bank Of Baroda, National Thermal Power Corp. Ltd.
Nippon India Multi Asset Fund Direct - Growth has Rs 1,448 crores worth of assets under management (AUM) as on June 30.
Nippon India Multi Asset Fund Direct - Growth has given returns of 19.00% in the one-year period. Since launch, it has delivered 16.35% average annual returns. The fund was launched in 2020.
Currently, the fund has a 72.02% allocation to equity and 12.24% to Debt. The fund's equity portion is primarily invested in the Unclassified, Financial, Energy, Automobile, Technology sectors. Its net asset value is Rs 15.24, as of September 26, 2023.
Nippon India Multi Cap Fund's top 5 holdings are IShares MSCI World ETF, Nippon India ETF Gold BeES, GOI, Reliance Industries Ltd, ICICI Bank Ltd.
Business Today provides mutual fund news for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.