HDFC Multi Cap Fund Direct-Growth
Benchmark: Nifty 500 Multicap 50:25:25 TRI · Inception: 23/11/2021 · NAV: ₹19.16 (22/05/2026)
AUM: ₹19558 Cr · Expense Ratio: 1.08% · Riskometer: Very High
2.8
★★½☆☆
Avoid / Switch
Analyst Insight
HDFC Multi Cap Fund carries an overall rating of 2.8/5 (Avoid / Switch), lagging category peers within the Multi Cap category. Its alpha of 1.26 underperformss the category average of 4.40, suggesting room for improvement in active management. The Sharpe ratio of 0.75 sits below the category mean of 4.53, while volatility (std dev 16.62%) is higher than peers (9.85%), indicating relatively higher volatility. With a 5-year CAGR of 0.00% and expense ratio of 1.08%, investors may find stronger risk-adjusted alternatives in this category.
ETM Rating
3/5
Risk Rating
4/5
Return Rating
3/5
Overall Rating
2.8/5
Alpha vs Cat
1.26 / 4.40
Sharpe vs Cat
0.75 / 4.53
Beta vs Cat
0.96 / 0.59
Std Dev vs Cat
16.62 / 9.85
Return Track Record
| Period | CAGR |
|---|---|
| 1Y | -0.67% |
| 3Y | 17.12% |
| 5Y | N/A |
| 10Y | N/A |
| Since Launch | 15.73% |
Risk & Return Scores
Sharpe Score3/5
Sortino Score3/5
SD Score3/5
ETM Risk Score3/5
ETM Return Score3/5
Portfolio Allocation
Large Cap 46.2% Mid Cap 26.6% Small Cap 27.2%
Strengths
- No notable strengths identified
Watch Points
- ⚠️ Alpha 1.26 below category avg 4.40
- ⚠️ Higher volatility 16.62% vs peers 9.85%
- ⚠️ Negative 1Y return (-0.67%) — recent underperformance
- ⚠️ High expense ratio 1.08% (above 1%)