March 29, 2024
mayank
HDFC Asset Allocator FoF details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 16.0100
NAV IDCW: Rs 16.0100
Suitable For Which Investors?
“Multi Asset Allocation funds invest your money in a mix of equity shares, bonds and commodities (usually gold) such that each has at least 10 per cent allocation at all times.
We don’t think highly of gold or other commodities as an investment. Therefore, we believe that investors can avoid these funds altogether. Instead, they might consider other varieties of hybrid funds-aggressive hybrid, balanced hybrid and conservative hybrid-which invest your money in equity shares and bonds in different proportions. You can choose from these depending upon your investment horizon, return expectations and ability to withstand volatility in the value of your investments.”
Fund’s Investment Strategy:
The scheme seeke to capital appreciation by managing the asset allocation between equity oriented, debt oriented and gold ETF schemes.
Fund Manager:
1) Srinivasan Ramamurthy
Education : Mr. Ramamurthy is an engineer by qualification from Jadavpur University and has done his MBA from IIM – Calcutta.
Experience : Prior to joining HDFC Asset Management Company Limited, he has worked with Mahindra Mutual Fund, IDBI Federal Life Insurance, IIFL Capital Limited, Maybank Kim Eng, Credit Suisse and KPMG Advisory.
2) Anil Bamboli
Education : Mr. Bamboli is a CFA from Association for Investment Management and Research, U.S.A, Masters in Management Studies (Finance) and a Graduate in Cost and Works Accountant from ICWAI.
Experience : Prior to joining HDFC AMC he has worked with SBI Fund Management for 11 years.
3) Bhagyesh Kagalkar
Education : Mr. Kagalkar is a B.E. (Production) and MMS (Finance)
Experience : Prior to joining HDFC Asset Management Company Limited, he has worked with Dolat Capital Markets Ltd., India Infoline Ltd., Sun Engineering Ltd., Al Ahlia Portfolio Securities Co., IIT Investrust.
Investment Details
| Min. Investment (Rs) | 100 |
| Min. Addl Investment (Rs) | 100 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | 100 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | For units in excess of 15% of the investment, 1% will be charged for redemption Within 365 days |
Basic Details
| Fund House | HDFC Mutual Fund |
| Launch Date | 05-May-21 |
| Return Since Launch | 17.63% |
| Benchmark | NIFTY 50 Hybrid Composite Debt 65:35 (90), Domestic Price of Gold (10) |
| Riskometer | High |
| Type | Open-ended |
| Assets | Rs 2,960 Cr |
| (As on 29-Feb-2024) | |
| Expense | 0.13% |
| (As on 29-Feb-2024) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | — |
Trailing Returns (%) of HDFC Asset Allocator FoF
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| HDFC Asset Allocator FoF Dir | 4.10 | 0.44 | 1.65 | 4.10 | 12.91 | 26.76 | — | — | — | — |
| VR Balanced TRI | 2.04 | 0.50 | 0.62 | 2.04 | 12.03 | 26.21 | — | — | — | — |
| Hybrid: Multi Asset Allocation | 4.63 | 0.56 | 1.49 | 4.63 | 13.95 | 27.71 | — | — | — | — |
| Rank within category | 13 | 27 | 15 | 13 | 12 | 13 | — | — | — | — |
| Number of funds in category | 25 | 32 | 28 | 25 | 24 | 22 | 18 | 11 | 8 | 6 |
Peer Comparison of HDFC Asset Allocator FoF
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| HDFC Asset Allocator FoF Dir | Unrated | 26.76 | — | — | 0.13 | 2,960 | 17.63 | 1.00 (365) | 2Y 10M | — |
| ICICI Pru Asset Allocator (FOF) Dir | 5 star | 22.70 | 15.56 | 14.80 | 0.10 | 21,437 | 12.80 | 1.00 (365) | 11Y 2M | 6.00 |
| Kotak Multi Asset Allocator FoF- Dynamic Dir | Unrated | 31.67 | 20.69 | 20.37 | 0.30 | 1,333 | 16.10 | 1.00 (365) | 11Y 2M | 20.82 |
| ICICI Pru Passive Multi-Asset FoF Dir | Unrated | 18.65 | — | — | 0.22 | 1,055 | 12.08 | 1.00 (365) | 2Y 2M | — |
| ICICI Pru Multi Asset Dir | 4 star | 32.71 | 24.91 | 19.50 | 0.67 | 34,644 | 17.03 | 1.00 (365) | 11Y 2M | 31.00 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,93,325 | 1,94,260 |
| Giant (%) | 61.98 | 52.93 |
| Large (%) | 17.64 | 20.68 |
| Mid (%) | 14.58 | 19.79 |
| Small (%) | 5.77 | 7.66 |
| Tiny (%) | 0.03 | 0.13 |
| Fund | Category | |
| Number of Securities | 15 | 60 |
| Macaulay Duration (yrs) | — | — |
| Average Maturity (yrs) | — | — |
| Yield to Maturity (%) | — | — |
| Avg Credit Rating | AAA | — |
How to Invest in HDFC Asset Allocator FoF?
Chanakya’s Mutual Fund Guidance For HDFC Asset Allocator FoF
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