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Dhruv Muchhal

Equity Analyst and Fund Manager for Overseas Investments at HDFC

Schemes named on
36
Managing since

Background

Qualifications
• CFA (CFA Institute) • Chartered Accountant • B Com. from University of Mumbai
Experience
Collectively over 14 years experience in equity research • October 3, 2019 till Date: HDFC Asset Management Company Limited • August 27, 2014 till September 27, 2019: Motilal Oswal Financial Services Limited Last Position Held- Associate Vice President - Research • August 12, 2013 till August 24, 2014: Goldman Sachs (India) Securities Private Limited Last Position Held - Research Analyst • November 8, 2010 till August 8, 2013: Crisil Limited Last Position Held - Senior Research Analyst - Irevna FR-Equity Research

Funds Dhruv Muchhal manages

25

Named on 36 schemes; the 25 with a three-year record are ranked by 3Y CAGR. Open a fund for NAV history, rolling returns, risk metrics and peer rank.

1HDFC Defence Fund★★★★☆+32.7%+41.5%0.89%₹9,371Cr
2HDFC Transportation and Logistics Fund★★★★★+18.9%+28.4%1.07%₹1,685Cr
3HDFC Mid Cap Fund★★★★☆+10.0%+20.3%+21.4%0.75%₹96,040Cr
4HDFC Flexi Cap Fund★★★★★+4.3%+17.8%+19.4%0.77%₹1,01,793Cr
5HDFC Focused Fund★★★★★+2.1%+17.5%+20.2%0.80%₹26,336Cr
6HDFC Infrastructure Fund★★☆☆☆-0.9%+16.8%+21.5%1.34%₹2,384Cr
7HDFC Large and Mid Cap Fund★★☆☆☆+4.1%+15.6%+16.8%0.90%₹28,339Cr
8HDFC Banking & Financial Services Fund★★★☆☆+7.9%+14.2%+13.9%0.96%₹4,630Cr
9HDFC Multi Cap Fund★★☆☆☆+1.5%+14.2%0.93%₹19,551Cr
10HDFC Dividend Yield Fund★★★★☆+2.3%+13.6%+15.8%0.85%₹5,632Cr
11HDFC Consumption Fund★★☆☆☆-3.8%+13.6%1.27%₹980.24Cr
12HDFC Business Cycle Fund★★☆☆☆+3.6%+13.1%1.16%₹2,594Cr
13HDFC Small Cap Fund★★☆☆☆-0.7%+12.8%+16.9%0.75%₹38,667Cr
14HDFC Housing Opportunities Fund★★☆☆☆-2.3%+12.3%+13.5%1.39%₹1,191Cr
15HDFC Large Cap Fund★★★☆☆+0.6%+11.4%+13.2%1.02%₹38,097Cr
16HDFC Children's Fund★★★★☆+0.9%+9.8%+11.6%1.02%₹10,575Cr
17HDFC MNC Fund★☆☆☆☆+6.1%+9.3%1.92%₹525.29Cr
18HDFC Credit Risk Debt Fund★★☆☆☆+7.7%+8.3%+7.2%1.01%₹7,327Cr
19HDFC Hybrid Debt Fund★★★☆☆+3.3%+8.1%+8.5%1.17%₹3,246Cr
20HDFC Medium Term Debt Fund★★★★☆+7.1%+8.1%+6.9%0.70%₹3,701Cr
21HDFC Floating Rate Debt Fund★★★★☆+6.2%+7.7%+6.9%0.27%₹16,445Cr
22HDFC Short Term Debt Fund★★★★☆+5.9%+7.6%+6.7%0.40%₹15,156Cr
23HDFC Low Duration Fund★★★☆☆+6.3%+7.5%+6.7%0.46%₹20,960Cr
24HDFC Technology Fund★☆☆☆☆-10.0%+7.5%1.07%₹1,333Cr
25HDFC Money Market Fund★★★☆☆+6.4%+7.4%+6.7%0.22%₹29,388Cr

NAV data as of 20 Aug 2026. Role, qualifications and tenure are disclosures from HDFC’s Scheme Information Documents and Statement of Additional Information — SEBI filings, not our assessment of anyone. 4 of the 36 scheme assignments come from another of the house’s filings naming them rather than from that scheme’s own document, so that list may be incomplete. Returns are computed from AMFI NAV history; see our methodology. A fund’s performance is not attributable to one person, and nothing here is investment advice.

All HDFC funds