September 3, 2025
RA Jainee
HDFC Diversified Equity All Cap Active FoF
Invesco India Consumption Fund HDFC Diversified Equity All Cap Active FoF snapshot
| NFO opens on | 10 September 2025 |
| NFO Closes on | 24 September 2025 |
| Min. Investment | Rs. 100 |
| Plans | Growth, IDCW |
| Sahifund Verdict | May suit investors with a high risk appetite and a 5+ year investment horizon who are comfortable with thematic equity exposure. |
⏱️ Last Update: 24 September 2025, 10.00 AM
Table of Contents:
1. NFO Open date, Close date
2. NFO Investment Strategy
3. Basic Details NFO
4. Benchmark Index NFO
5. Fund Manager | Performance Review of Fund Manager
6. Should You Invest in this NFO?
7. Invest Online
What is the HDFC Diversified Equity All Cap Active FoF Open Date, Close Date?
NFO opens on September 10, 2025
NFO will close on September 24, 2025
Investment Strategy for this NFO?
The scheme seeks to generate long-term capital appreciation/income by investing in units of domestic equity-oriented schemes based on varied market caps.
Basic Details
| Fund House | HDFC Mutual Fund |
| Issue Open | 10 September 2025 |
| Issue Close | 24 September 2025 |
| Type | Open-ended |
| Category | Equity: Flexi Cap |
| Min. Investment(Rs) | 100 |
| Plans | Growth, IDCW |
| Lock-in Period | NA |
| Exit Load | 1% for redemption within 1 year |
| Riskometer | Very High |
| Benchmark | NIFTY 500 TRI |
About Benchmark Index for this NFO?
The Nifty 500 index represents top 500 companies selected based on full market capitalization from the eligible universe.
Nifty 500 Index is computed using free float market capitalization method, wherein the level of the index reflects the total free float market value of all the stocks in the index relative to particular base period. Nifty 500 can be used for a variety of purposes such as benchmarking fund portfolios, launching of index funds, ETFs and structured products.
Index Variants: Nifty 500 Total Returns Index, Nifty500 Industry Indices.
Portfolio Characteristics
| Methodology | Free Float Market Capitalization |
| No. of Constituents | 501 |
| Launch Date | |
| Base Date | January 01, 1995 |
| Base Value | 1000 |
| Calculation Frequency | Real-Time |
| Index Rebalancing | Semi-Annually |
Fund Managers of HDFC Diversified Equity All Cap Active FoF
1) Dhruv Muchhal
Education: Mr. Dhruv has done B.Com, CA and CFA
Experience: Prior to joining HDFC MF,he has worked with Motilal Oswal Financial Services Ltd., Goldman Sachs, CRISIL Global Research & Analytics and Deloitte Haskins & Sells
2) 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.
AMC
HDFC Asset Management Company Ltd
Address: “HDFC House”, 2nd Floor, H. T. Parekh Marg, 165-166, Backbay Reclamation, Churchgate Mumbai – 400020
Website: http://www.hdfcfund.com
Registrar & Transfer Agent:
Computer Age Management Services Ltd.
Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai – 600002
Website: www.camsonline.com
Review for HDFC Diversified Equity All Cap Active FoF @ sahifund.com by Paresh Gordhandas, C.A. & Research Analyst
[ A ] Benchmark Performance of NIFTY 500 TRI
Statistics
| Index Returns (%) # | QTD | YTD | 1 Year | 5 Years | Since Inception |
| Price Return | -4.89 | 0.39 | -5.36 | 19.10 | 10.68 |
| Total Return | -4.59 | 1.25 | -4.41 | 20.35 | 12.37 |
| Statistics ## | 1 Year | 5 Years | Since Inception |
| Std. Deviation * | 14.51 | 14.80 | 22.14 |
| Beta (NIFTY 50) | 1.04 | 0.99 | 0.94 |
| Correlation (NIFTY 50) | 0.94 | 0.97 | 0.95 |
Fundamentals
| P/E | P/B | Dividend Yield |
| 23.49 | 3.5 | 1.23 |
Top constituents by weightage
| Company’s Name | Weight(%) |
| HDFC Bank Ltd. | 7.77 |
| ICICI Bank Ltd. | 5.34 |
| Reliance Industries Ltd. | 4.93 |
| Infosys Ltd. | 2.84 |
| Bharti Airtel Ltd. | 2.76 |
| Larsen & Toubro Ltd. | 2.27 |
| ITC Ltd. | 2.04 |
| Tata Consultancy Services Ltd. | 1.69 |
| State Bank of India | 1.65 |
| Axis Bank Ltd. | 1.60 |
Past Performance of Dhruv Muchhal
| Fund | HDFC Diversified Equity All Cap Active FoF | It’s Benchmark |
| 1 Year | — | — |
| 3 Year | — | — |
| 5 Year | — | — |
| 7 Year | — | — |
| 10 Year | — | — |
As on 03-7-2025
Past Performance of Srinivasan Ramamurthy
| Fund | HDFC Equity Savings Fund | It’s Benchmark | HDFC Retirement Savings Fund Equity Plan | It’s Benchmark |
| 1 Year | 2.66 | 1.36 | -3.14 | -3.72 |
| 3 Year | 9.97 | 10.43 | 18.06 | 15.15 |
| 5 Year | 11.93 | 11.51 | 23.79 | 20.21 |
| 7 Year | 9.00 | 9.32 | 16.44 | 13.69 |
| 10 Year | 9.81 | 9.60 | — | — |
As on 03-7-2025
[B] Review of Fund Managers
Dhruv Muchhal
-
Background: Mr. Dhruv has done B.Com, CA and CFA, Prior to joining HDFC MF,he has worked with Motilal Oswal Financial Services Ltd., Goldman Sachs, CRISIL Global Research & Analytics and Deloitte Haskins & Sells
Srinivasan Ramamurthy
-
Background: Mr. Ramamurthy is an engineer by qualification from Jadavpur University and has done his MBA from IIM – Calcutta., 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.
Sahifund Verdict
The fund employs an “Active” approach, meaning it selects and invests in underlying equity funds based on its strategy. As a fund of funds, this scheme invests in other mutual fund schemes, not directly in stocks.
The Fund will be managed by Mr. Dhruv Muchhal and Mr. Srinivasan Ramamurthy. Mr. Dhruv has been working with HDFC AMC since the last 6 years as a Equity Reseach Analyst. Prior to that also, he has a wealth of experience in other companies.
Mr. Srinivasan also has a tenure of 5 years at HDFC AMC and prior to that in other companies as a Fund Manager.
A sample study of the other Funds managed by Mr. Srinivasan shows an on the whole satisfactory performance.
This fund is a good option as it will be investing across all equity mutual funds – Large cap, mid cap and small cap.
One can monitor the fund performance for 3-6 months after the NFO and then take investment decision.
Peer Comparison (?)
Disclaimer: Mutual fund investments are subject to market risks. Read all scheme related documents carefully
Is it good to invest in HDFC Diversified Equity All Cap Active FoF NFO?
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