Invest in DSP Dynamic Asset Allocation Fund Direct Growth Online

DSP Dynamic Asset Allocation Fund

This is a Hybrid, Dynamic Asset Allocation fund with CRISIL Hybrid 50+50 - Moderate Index as its benchmark. The risk level for this fund is categorized as Moderate Risk.

Total AUM

₹3,397.98 crores as of Aug 31, 2023

Age of Fund

9 years 7 months since Feb 06, 2014

Expense Ratio

0.75% as of Sep 22, 2023

Exit Load

NIL - If the units …

Ideal holding period

5 Years+

Holdings

as of Aug 31, 2023

Samvardhana Motherson International Limited

3.03%

Bajaj Finance Limited

2.36%

Century Plyboards (India) Limited

1.79%

KEC International Limited

1.45%

Hindustan Unilever Limited

1.42%

Gujarat Fluorochemicals Limited

1.33%

HDFC Bank Limited

1.33%

See all 37 holdings

Rolling Returns

Bars show distribution of returns in given range for selected time period.

View performance details

Things to know before you invest

What is in DSP Dynamic Asset Allocation Fund?

This smart rules-based fund (also called Balanced Advantage Fund by some) invests in a mix of equity & debt instruments.
It responds to changing market conditions & adjusts the equity-debt balance dynamically.
As the market starts rising & stock valuations turn frothy, it reduces equity exposure & when markets fall, it looks to increase equity exposure to follow the basic investment principle of 'buy low, sell high'.

Why should one invest in DSP Dynamic Asset Allocation Fund?

Offers smoother investment journey with debt allocation along with opportunity of growth by investing in equities.
It tries to reduce the impact of market fluctuations in the portfolio.
Potential capital preservation during falling markets through debt allocation.
Removes hassle of asset allocation by investor in tax-efficient way.

Who should invest in DSP Dynamic Asset Allocation Fund?

Consider this fund if you
- Want to invest in the equity markets but don't know how to begin.
- Believe that rules make life better & understand that an unemotional asset allocation strategy has more chances of success than market timing.
- Get confused by the noise when markets fluctuate.
- Have the patience & mental resilience to remain invested despite ups & downs.
- Recognize market falls as good times to invest even more.
- Recognize equity investing means exposure to risk.
- Are not looking to chase the highest returns.
- Can be used by investor who require periodic cashflow and capital growth. This can be done using SWP.

Rethink before you invest

Dynamic Asset Allocation Fund carries Very High Risk.
Dynamic asset allocation will not remove the risks arising from market falls altogether, it aims to reduce the impact & smoothen your journey.
This fund will not help you time the markets.
This fund may under-perform the equity market during sudden bull-runs.
In the past, there has been an occasion where this fund's NAV fell by more than 11% in 1 year.

Fund managers:

Atul Bhole

Managing this fund since February 2018.

See funds managed by him

See his investing philosophy

Managing this fund since February 2018.

See funds managed by him

See his investing philosophy

Dhaval Gada

Managing this fund since September 2022.

See funds managed by him

Managing this fund since September 2022.

See funds managed by him

Laukik Bagwe

Managing this fund since July 2021.

See funds managed by him

Managing this fund since July 2021.

See funds managed by him

Atul R Bhole has over 10 Years of experience and joined DSP Mutual Funds in May 2016 as Vice President-Investments.

Atul previously worked with Tata Asset Management Ltd from Feb-07 till April-16 in the investment function. He worked as fund manager from April'11 onwards managing Tata Balanced Fund, Tata Midcap Growth Fund, Tata Equity P/E Fund along with few other funds. For the initial 4 years with Tata AMC, he worked as Equity Research Analyst covering IT, Telecom and BFSI sectors.

From Nov-06 to Feb-07, he worked with JP Morgan Services (India) Pvt. Ltd. as Equity Research Analyst assisting track telecom companies In APac region. Before that from Jun-05 to Oct-06, he was with State Bank of India in the Treasury Dept working as an equity research analyst.

Atul is a Chartered Accountant and has done MMS (Finance) from JBIMS, Mumbai and B.Com. from Mumbai University.

Sr. No.	Scheme Name	Managing since	Period
Period for which fund's performance has been provided is computed based on last day of the month-end preceding the date of advertisement Different plans shall have a different expense structure. The performance details provided herein are of regular plan. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments

Sr. No.

Scheme Name

Managing since

Period

1 Years

3 Years

5 Years

Scheme return (%)

Benchmark return (%)

Scheme return (%)

Benchmark return (%)

Scheme return (%)

Benchmark return (%)

Period for which fund's performance has been provided is computed based on last day of the month-end preceding the date of advertisement

Different plans shall have a different expense structure. The performance details provided herein are of regular plan.

Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments

Dhaval has total work experience of over 13 years. He joined equity investment team of DSP Mutual Funds in Sept-2018 as Associate Vice President and was promoted to Vice President in Feb-2022. Dhaval has also worked with Sundaram Asset Management, Motilal Oswal Securities, Evalueserve, Morgan Stanley Advantage Services, Edelweiss Capital and Gridstone Research.
He has a Post Graduate Diploma in Management from Welingkar Institute of Management and holds a Bachelor of Commerce degree from Mumbai University.

Sr. No.	Scheme Name	Managing since	Period
Period for which fund's performance has been provided is computed based on last day of the month-end preceding the date of advertisement Different plans shall have a different expense structure. The performance details provided herein are of regular plan. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments

Sr. No.

Scheme Name

Managing since

Period

1 Years

3 Years

5 Years

Scheme return (%)

Benchmark return (%)

Scheme return (%)

Benchmark return (%)

Scheme return (%)

Benchmark return (%)

Period for which fund's performance has been provided is computed based on last day of the month-end preceding the date of advertisement

Different plans shall have a different expense structure. The performance details provided herein are of regular plan.

Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments

Laukik is Fund Manager with the Fixed Income Investment team of DSP Mutual Funds. He joined the firm in November 2007 as a Fixed Income Dealer. From November 2003 to October 2007, Laukik worked with Derivium Capital & Securities Pvt. Ltd. as the Head of Fixed Income Trading - SLR & NONSLR Broking. From June 2000 to October 2003, he worked with Birla Sunlife Securities Ltd. as a Manager-SLR & NONSLR Broking.
He brings with him a total work experience of 11 years in debt broking and is currently the fund manager for the following schemes of DSP Mutual Fund.

Sr. No.	Scheme Name	Managing since	Period
Period for which fund's performance has been provided is computed based on last day of the month-end preceding the date of advertisement Different plans shall have a different expense structure. The performance details provided herein are of regular plan. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments

Sr. No.

Scheme Name

Managing since

Period

1 Years

3 Years

5 Years

Scheme return (%)

Benchmark return (%)

Scheme return (%)

Benchmark return (%)

Scheme return (%)

Benchmark return (%)

Period for which fund's performance has been provided is computed based on last day of the month-end preceding the date of advertisement

Different plans shall have a different expense structure. The performance details provided herein are of regular plan.

Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments

Portfolio

Prescribed asset allocation: 65% - 100% Equity & Equity related instruments including derivatives , 0% - 35% Debt and money market instruments

Current Allocation

as of Aug 31, 2023

Equity 65.47%
Debt / cash 34.88%

Equity
Debt / Cash

Top holdings

Samvardhana Motherson International Limited

3.03%

Bajaj Finance Limited

2.36%

Century Plyboards (India) Limited

1.79%

KEC International Limited

1.45%

Hindustan Unilever Limited

1.42%

Allocation by Market Cap

Large Cap

50.50%

Mid Cap

32.30%

Small Cap

17.30%

Top Sectors

Arbitrage (cash Long)

35.13%

Auto Components

5.09%

Banks

4.00%

Finance

3.49%

Consumer Durables

2.35%

See all 37 holdings

Top holdings

7.38% GOI 2027

5.26%

5.74% GOI 2026

3.59%

7.26% GOI 2033

2.23%

Kotak Mahindra Prime Limited**

2.21%

TREPS / Reverse Repo Investments / Corporate Debt Repo

1.73%

Cash & cash equivalents

-0.35%

Credit rating profile

SOV

40.10%

CRISIL AAA

38.40%

ICRA AAA

7.70%

Cash & Equivalent

4.90%

ICRA AA+

4.60%

Instrument break-up

Bonds & NCDs

55.00%

Government Securities (Central/State)

36.00%

TREPS

5.00%

Money market instruments

4.10%

See all 28 holdings

Indicators

Yield to Maturity

7.53 %

Modified Duration

2.62 Years

Portfolio Macaulay Duration

2.77 Years

Average Maturity

3.24 Years

Portfolio turnover ratio

4.27 last 12 months

Portfolio turnover ratio - Directional Equity

0.23 last 12 months

Standard Deviation

6.27 %

Sharpe Ratio

0.41

Beta

0.72

R-Squared

77.38 %

Compare Performance

Performance highlights over last

for

investment

Cumulative returns on

Annual returns

Current value

Min CAGR:

MedianCAGR:

Max CAGR:

Good Returns

Negative Returns

vs Fixed Deposit

vs Category

vs Benchmark

Historical Returns (As per SEBI format)as of with investment of₹10,000

	This fund		CRISIL Hybrid 50+50 - Moderate… ^{^}		NIFTY 50 TRI ^#
	CAGR	Current Value	CAGR	Current Value	CAGR	Current Value

Income distribution Cum Capital Withdrawal (IDCW) Distributed

Record Date	IDCW per unit	NAV Before	NAV After

Chart type

Graph viewTable view

Invested as

Invested Amount

₹

Invested since

This fund

CRISIL Hybrid 50+50 - …

NIFTY 50 TRI

Gold

PPF

	Funds	Annual returns	Current Value	Absolute Growth	IDCW paid

Chart type:

Returns RangesStatistics

Invested as

Invested Amount

₹

Invested period

Funds	Minimum	Median	Maximum	% times -ve returns	% times returns > 7%

Date of allotment: Feb 06, 2014.

Period for which fund's performance has been provided is computed based on last day of the month-end preceding the date of advertisement

Different plans shall have a different expense structure. The performance details provided herein are of Direct Plan.

Since inception returns have been calculated from the date of allotment till June 30, 2021

Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments

Rolling returns have been calculated based on returns from regular plan growth option.

^ Fund Benchmark # Standard Benchmark

Scheme disclaimers

Fund Details

Investment Objective

The investment objective of the Scheme is to seek capital appreciation by managing the asset allocation between equity and fixed income securities. The Scheme will dynamically manage the asset allocation between equity and fixed income based on the relative valuation of equity and debt markets.
The Scheme intends to generate long-term capital appreciation by investing in equity and equity related instruments and seeks to generate income through investments in fixed income securities and by using arbitrage and other derivative strategies.
However, there can be no assurance that t ...more

Fund Type

Hybrid

Dynamic Asset Allocation

An open ended dynamic asset allocation fund

Riskometer

Level of Risk in the fund

View details

Minimum Investment

Rs. 100 Lumpsum
Rs. 100 SIP– 12 instalments
Rs. 100 Minimum Additional Purchase

Fund Documents

Fund presentation

KIM and Applications

DSP Mutual Fund and its schemes are not registered in any jurisdiction, except the Schemes viz. DSP Equity Opportunities Fund and DSP Dynamic Asset Allocation Fund, which are registered with the Securities and Commodities Authority (?the SCA?) in the United Arab Emirates (UAE). The distribution of the Schemes in UAE would be undertaken by Barjeel Geojit Securities LLC, which is a licensed local distributor registered with SCA. The distribution of this material in certain jurisdictions may be restricted or subject to registration requirements and, accordingly, persons who come into possession of this material in such jurisdictions are required to inform themselves about, and to observe, any such restrictions.
The construct of DSP Dynamic Asset Allocation Fund (?scheme?) is to dynamically manage the asset allocation of the Scheme based on a model.

Name	% of Net Assets
Samvardhana Motherson International Limited	3.03%
UNO Minda Limited	0.79%
Balkrishna Industries Limited	0.71%
Schaeffler India Limited	0.56%

Name	% of Net Assets
HDFC Bank Limited	1.33%
Axis Bank Limited	1.19%
ICICI Bank Limited	0.91%
AU Small Finance Bank Limited	0.57%

Name	% of Net Assets
Bajaj Finance Limited	2.36%
SBI Cards and Payment Services Limited	0.42%
Power Finance Corporation Limited	0.34%
IIFL Finance Limited	0.24%
REC Limited	0.13%

Name	% of Net Assets
Century Plyboards (India) Limited	1.79%
Havells India Limited	0.32%
Asian Paints Limited	0.24%

Name	% of Net Assets
KEC International Limited	1.45%
CG Power and Industrial Solutions Limited	0.28%

Name	% of Net Assets
Infosys Limited	0.89%
Coforge Limited	0.30%
HCL Technologies Limited	0.23%
LTIMindtree Limited	0.16%

Name	% of Net Assets
Hindustan Unilever Limited	1.42%

Name	% of Net Assets
Polycab India Limited	1.33%

Name	% of Net Assets
Gujarat Fluorochemicals Limited	1.33%

Name	% of Net Assets
Alkem Laboratories Limited	0.99%
Suven Pharmaceuticals Limited	0.15%
Dr. Reddy's Laboratories Limited	0.14%

Name	% of Net Assets
Emami Limited	1.21%

Name	% of Net Assets
Dalmia Bharat Limited	1.02%

Name	% of Net Assets
Avenue Supermarts Limited	1.00%

Name	% of Net Assets
Bharat Electronics Limited	0.87%

Name	% of Net Assets
Engineers India Limited	0.77%

Name	% of Net Assets
Radico Khaitan Limited	0.65%

Name	% of Net Assets
PRUDENT CORPORATE ADVISORY SERVICES Limited	0.47%

Name	% of Net Assets
Tata Motors Limited	0.45%

Name	% of Net Assets
ICICI Lombard General Insurance Company Limited	0.30%

Name	% of Net Assets
Kotak Mahindra Prime Limited**	2.21%
Small Industries Development Bank of India**	1.55%
Bajaj Finance Limited**	1.52%
Power Finance Corporation Limited**	1.49%
Power Finance Corporation Limited	0.93%
Cholamandalam Investment and Finance Company Limited**	0.79%
Bajaj Housing Finance Limited**	0.78%
REC Limited**	0.78%
LIC Housing Finance Limited	0.77%
REC Limited**	0.77%
Cholamandalam Investment and Finance Company Limited**	0.75%
Indian Oil Corporation Limited**	0.75%
Muthoot Finance Limited**	0.74%
Small Industries Development Bank of India	0.74%
Bajaj Housing Finance Limited**	0.74%
LIC Housing Finance Limited**	0.74%
Muthoot Finance Limited**	0.74%
LIC Housing Finance Limited	0.73%
REC Limited**	0.61%
Power Finance Corporation Limited**	0.57%
Small Industries Development Bank of India**	0.47%

Name

% of Net Assets

Kotak Mahindra Prime Limited**

2.21%

Small Industries Development Bank of India**

1.55%

Bajaj Finance Limited**

1.52%

Power Finance Corporation Limited**

1.49%

Power Finance Corporation Limited

0.93%

Cholamandalam Investment and Finance Company Limited**

0.79%

Bajaj Housing Finance Limited**

0.78%

REC Limited**

0.78%

LIC Housing Finance Limited

0.77%

REC Limited**

0.77%

Cholamandalam Investment and Finance Company Limited**

0.75%

Indian Oil Corporation Limited**

0.75%

Muthoot Finance Limited**

0.74%

Small Industries Development Bank of India

0.74%

Bajaj Housing Finance Limited**

0.74%

LIC Housing Finance Limited**

0.74%

Muthoot Finance Limited**

0.74%

LIC Housing Finance Limited

0.73%

REC Limited**

0.61%

Power Finance Corporation Limited**

0.57%

Small Industries Development Bank of India**

0.47%

Name	% of Net Assets
7.38% GOI 2027	5.26%
5.74% GOI 2026	3.59%
7.26% GOI 2033	2.23%
7.17% GOI 2030	0.76%
5.22% GOI 2025	0.72%

Name

% of Net Assets

7.38% GOI 2027

5.26%

5.74% GOI 2026

3.59%

7.26% GOI 2033

2.23%

7.17% GOI 2030

0.76%

5.22% GOI 2025

0.72%

Name	% of Net Assets
TREPS / Reverse Repo Investments / Corporate Debt Repo	1.73%

Name

% of Net Assets

TREPS / Reverse Repo Investments / Corporate Debt Repo

1.73%

Name	% of Net Assets
364 DAYS T-BILL 2024	1.42%

Name

% of Net Assets

364 DAYS T-BILL 2024

1.42%

Email ID
Mobile no.

Email ID	ABH************[email protected]
Mobile no.	******6665

Email ID

ABH************[email protected]

Mobile no.

******6665

	Folio no.	Email ID	Mobile no.
	70****76	abh************[email protected]	******6665
	42***02	abh************[email protected]	******6665

Folio no.

Email ID

Mobile no.

70****76

abh************[email protected]

******6665

42***02

abh************[email protected]

******6665

DSP Dynamic Asset Allocation Fund

DSP Dynamic Asset Allocation Fund

This is a Hybrid, Dynamic Asset Allocation fund with CRISIL Hybrid 50+50 - Moderate Index as its benchmark. The risk level for this fund is categorized as Moderate Risk.

Things to know before you invest

What is in DSP Dynamic Asset Allocation Fund?

Why should one invest in DSP Dynamic Asset Allocation Fund?

Who should invest in DSP Dynamic Asset Allocation Fund?

Rethink before you invest

Fund managers:

Portfolio

Current Allocation

Indicators

Compare Performance

Invested Amount

Invested Amount

Fund Details

Fund Details

Investment Objective

Fund Type

Riskometer

Minimum Investment

Fund Documents

Products Offered

Product Information

For Investors

Other Information

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DSP Dynamic Asset Allocation Fund

DSP Dynamic Asset Allocation Fund

This is a Hybrid, Dynamic Asset Allocation fund with CRISIL Hybrid 50+50 - Moderate Index as its benchmark. The risk level for this fund is categorized as Moderate Risk.

Things to know before you invest

What is in DSP Dynamic Asset Allocation Fund?

Why should one invest in DSP Dynamic Asset Allocation Fund?

Who should invest in DSP Dynamic Asset Allocation Fund?

Rethink before you invest

Fund managers:

Portfolio

Current Allocation

Indicators

Compare Performance

Invested Amount

Invested Amount

Fund Details

Fund Details

Investment Objective

Fund Type

Riskometer

Minimum Investment

Fund Documents

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