HDFC Multi‐Asset Fund aims to meet asset allocation needs of investors. It invests in 3 asset classes – Equity, Debt and Gold. Equity aims to provide capital appreciation, Debt aims to provide stability to the portfolio and Gold is a potential safe haven asset class, which also provides hedge against inflation and currency depreciation. The Scheme currently has a large cap bias, with 70% of its unhedged equity assets being invested in Large Caps as of July 31, 2021. HDFC Multi‐Asset Fund is a suitable investment avenue for investors, who are looking for a single product to provide exposure to 3 asset classes – namely equity, debt and gold, with a long term investment horizon. The Scheme adopts a model driven approach for asset allocation.