Fundalysisby DARKHORSESTOCKS

Fund manager · HDFC

Gopal Agrawal

Senior Fund Manager – Equities at HDFC. Runs 3 schemes worth ₹1,36,351 Cr.

  • Fund house

    HDFCThey run their schemes at HDFC.

  • AUM they run

    ₹1,36,351 CrThe AUM of the schemes they run, as main or co-manager, at the latest month's end, as AMFI reports it. A scheme two people run counts for both.

  • Schemes

    3 now · 0 beforeSchemes they run now, as main or co-manager, and ones they ran before, since Sept 2024. On 44 more schemes for a slice of it: overseas, gold or arbitrage.

  • Experience

    21 yearsOver 21 years in Fund Management and 2 years in Equity Research

Profile(HDFC's SAI, 30 Jun 2026)

About

Role
Senior Fund Manager – Equities
Studied
B.E., MBM
Age
53 years
Experience
Over 21 years in Fund Management and 2 years in Equity Research
Also as
Gopal Agarwal (HDFC)

Schemes now47

  1. HDFC Flexi Cap Fund₹1,08,547 Cr
  2. HDFC Balanced Advantage Fund₹1,02,534 Cr
  3. HDFC Mid Cap Fund₹1,01,856 Cr
  4. HDFC Liquid Fund₹66,295 Cr
  5. HDFC Small Cap Fund₹40,801 Cr
  6. HDFC Large Cap Fund₹37,294 Cr
  7. and 41 more, all below

AUM they run(Jul 2020 – Sept 2026)

AUM at month end each month, and its change on the month before
12 months₹ CrChange
Sept 20261,36,351−4.8%
Aug 20261,43,177−0.3%
Jul 20261,43,560+1.5%
Jun 20261,41,396+2.4%
May 20261,38,145−0.8%
Apr 20261,39,320+8.0%
Mar 20261,28,948−9.2%
Feb 20261,41,991−15.1%
Jan 20261,67,251−1.5%
Dec 20251,69,827+18.7%
Nov 20251,43,059+1.2%
Oct 20251,41,374+3.8%
AUM at month end, Sept 2026
₹1,36,351 Cr
−3.6% since Oct 2025
Fig. 1.The AUM of the schemes Gopal Agrawal ran at each month's end, each only in the months they ran it, ₹ crore. A scheme two people run counts in full for both. Source: AMFI.

Schemes over time(Jul 2020 – now)

  1. Large Mid Cap Fund
  2. Dividend Yield Fund
  3. Multi Cap Fund
  4. Balanced Advantage Fund
  5. Focused Fund
  6. Flexi Cap Fund
  7. Mid Cap Fund
  8. Small Cap Fund
  9. Large Cap Fund
  10. Corporate Bond Fund
  11. Money Market Fund
  12. Focused Fund
HDFC202120222023202420252026
Fig. 1.The schemes they ran when, the oldest first: each from the date its fund house gives, or the first document listing them where it gives none, to when they left, coloured by fund house.

Schemes(Jul 2020 – now)

HDFC

47 now · since Jul 2020
  1. HDFC Flexi Cap Fund
    OverseasSept 2026—2m₹1,08,547 CrFlexi CapTER 0.77%
  2. HDFC Balanced Advantage Fund
    Fund manager, equityJul 2022—4y 4m₹1,02,534 CrBalanced AdvantageTER 0.78%
  3. HDFC Large Mid Cap Fund
    Fund managerJul 2020—6y 4m₹28,543 CrLarge & Mid CapTER 0.90%

Source.Each scheme's Scheme Summary Document at AMFI and its filings at NSE.

Performance(5 schemes)

Growth · Direct plans

Return as manager
+18.58%
Beat peers
3 of 4
vs peers
+3.30 pt
Longest run
6.3 years
Beat benchmark
Upcoming
Each scheme Gopal Agrawal ran, against its peers and benchmark over the same months. Source: AMFI. Click a column's header to sort by it.
HDFC Large Mid Cap Fund
Jul '20–now · 6.3y
+22.09%+19.55%+2.54 pt––
HDFC Dividend Yield Fund
Dec '20–now · 5.8y
+17.52%+18.41%−0.89 pt––
HDFC Multi Cap Fund
Dec '21–Sep '25 · 3.7y
+19.64%+15.58%+4.06 pt––
HDFC Balanced Advantage Fund
Jul '22–now · 4.3y
+15.19%+10.83%+4.36 pt––
HDFC Focused Fund
Dec '25–Feb '26 · 0.2y
−2.40%−3.14%+0.74 pt––
Fig. 1.Each scheme Gopal Agrawal ran, against its peers and benchmark over the same months. Source: AMFI.

Works with(19 now)

  1. Anil BamboliBalanced Advantage Fund · Ultra Short Term Fund · Floating Interest Rates Fund · Short Term Fund · Children s Fund · Multi Asset Allocation Fund · Equity Savings Fund · Banking and PSU Debt Fund · Medium Term Fund · Gilt Fund · Dynamic Term Fund · Charity Fund for Cancer Cure12 schemes
  2. Anupam JoshiCorporate Bond Fund · Aggressive Hybrid Fund · Ultra Short to Short Term Fund · Retirement Fund Equity Plan · Conservative Hybrid Fund · Retirement Fund Hybrid Equity Plan · Medium to Long Term Fund · Retirement Fund Hybrid Debt Plan8 schemes
  3. Amar KalkundrikarFocused Fund · Multi Cap Fund · ELSS Tax Saver Fund · Business Cycle Fund · Long Term Fund · MNC Fund6 schemes
  4. Chirag SetalvadMid Cap Fund · Small Cap Fund · Children s Fund · Retirement Fund Equity Plan · Retirement Fund Hybrid Equity Plan · Retirement Fund Hybrid Debt Plan6 schemes
  5. Praveen JainMoney Market Fund · Ultra Short to Short Term Fund · Ultra Short Term Fund · Credit Risk Fund · Medium Term Fund5 schemes
  6. Anand LaddhaValue Fund · Equity Savings Fund · Banking Financial Services Fund · Conservative Hybrid Fund4 schemes
  7. Ihab DalwaiBalanced Advantage Fund · Aggressive Hybrid Fund · Multi Asset Allocation Fund3 schemes
  8. Amit SinhaInnovation Fund · Consumption Fund2 schemes

Career(Oct 2007 – now)

HDFC Asset Management Company Limited

  1. Position not stated
    Jul 2020—6y 4m

DSP Investment Managers Private Ltd

  1. Senior Fund Manager and Head-Macro strategy
    Jul 2018—Jun 20202y

TATA Asset Management Company Ltd

  1. CIO-Equity
    Apr 2017—Jul 20181y 4m

Mirae Asset Global Investments (India) Pvt. Ltd

  1. CIO-Equity and Chief Strategist
    Oct 2007—Mar 20179y 6m

Source.HDFC's Statement of Additional Information, as of 30 Jun 2026.