The scheme, part of HDFC Mutual Fund HDFC Mutual Fund, was launched in May 2021 and follows a multi-asset allocation strategy investing across equity-oriented schemes, debt-oriented schemes and Gold ETFs.
The fund house said the structure is designed to provide diversified exposure across asset classes with active allocation across changing market conditions.
As per the release, the scheme’s benchmark delivered 10.92% annualised returns over the same period, while an additional benchmark posted 11.74% returns.
The asset management company said the fund aims to support long-term wealth creation by spreading investments across multiple asset classes, thereby reducing dependence on any single segment of the market.
It added that the multi-asset strategy has also helped in managing volatility, with the scheme reporting lower drawdowns compared with equity markets during recent market phases. Between the market peak on September 26, 2024 and April 30, 2026, the fund recorded a drawdown of +5.3%, versus -4.5% for the NIFTY 50 TRI.
The fund house noted that investor preference for diversified and asset-allocation-based strategies has increased amid ongoing market volatility, with such approaches being used to build more resilient long-term portfolios.
Navneet Munot Navneet Munot, Managing Director and Chief Executive Officer of HDFC AMC, said the fund is designed to offer investors a diversified, one-stop solution across asset classes while encouraging disciplined investing across market cycles.
Srinivasan Ramamurthy Srinivasan Ramamurthy, Senior Fund Manager – Equities, said the strategy combines allocation across asset classes with diversification within equity and debt portfolios, using exposure across market capitalisation, sectors, durations and themes to target risk-adjusted returns.
The fund house also cautioned that mutual fund investments are subject to market risks, schemes do not guarantee returns, and past performance may or may not be sustained in the future. Investors were advised to read all scheme-related documents carefully before investing.
