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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

₹3,259.27 crores as of Sep 30, 2024

Age of Fund

10 years 8 months since Feb 06, 2014

Expense Ratio

0.73% as of Oct 22, 2024

Exit Load

NIL - If the units …

Ideal holding period

5 Years+

Holdings

as of Sep 30, 2024

HDFC Bank Limited

2.34%

State Bank of India

2.01%

Infosys Limited

1.38%

NTPC Limited

1.35%

Hindustan Unilever Limited

1.34%

ICICI Bank Limited

1.25%

Bajaj Finance Limited

1.23%

See all 34 holdings

Rolling Returns

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

View performance details

Things to know before you invest

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What is in DSP Dynamic Asset Allocation Fund?

DSP dynamic asset allocation fund is a hybrid fund which dynamically manages allocation between equity & debt. They are also referred as Balanced Advantage Funds by some.
The fund manager takes into account market valuations, technical signals, market volatility etc. to determine equity & debt allocation. The fund adjusts the equity-debt balance dynamically based on changes in market conditions.
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'.
Fund manager also has flexibility to hedge/reduce equity allocation during market downcycle to minimise loss to the investors.
Fund tries to address 2 key investor's behavioural biases:
- Fear of Loss - By reducing/hedging equity allocation during market downcycle.
- Fear of Missing out - By increasing equity allocation during bull market.

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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.

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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.
- 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 by doing SWP.

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Rethink before you invest

Dynamic Asset Allocation Fund has allocation to equities which may carries 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.

Fund managers:

Rohit Singhania

Total work experience of 24 years. Managing this fund since November 2023.

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Total work experience of 24 years. Managing this fund since November 2023.

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Dhaval Gada

Total work experience of 14 years. Managing this fund since September 2022.

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Total work experience of 14 years. Managing this fund since September 2022.

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Kaivalya Nadkarni

Total work experience of 6 years. Managing this fund since October 2024.

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Total work experience of 6 years. Managing this fund since October 2024.

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Laukik Bagwe

Total work experience of 24 years. Managing this fund since July 2021.

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Total work experience of 24 years. Managing this fund since July 2021.

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Rohit is a Research Analyst focusing on sectors like Auto, Auto Ancillaries, Metals, Infrastructure, Sugar and Hotels. He is the Co-Fund Manager for DSP India T.I.G.E.R. Fund since June 2010. Rohit joined DSP Asset Managers in September 2005, as Portfolio Analyst for the firm's Portfolio Management Services (PMS) division. He was transferred to the Institutional Equities Team of DSP Asset Managers in June 2009. Previously, he was with HDFC Securities Limited as a part of its Institutional Equities Research Desk. He spent 13 months at HDFC Securities as Sr. Equity Analyst.

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

Kaivalya joined DSP in September 2024. She has over 6 years of work experience across Fund Management, Equity Dealing and Fund Accounting. Prior to joining DSP she has worked with ICICI Prudential AMC. Kaivalya is a Chartered Accountant from the Institute of Chartered Accountants of India. She has also cleared the Company Secretary Professional Level from the Institute of Company Secretaries of India and CFA Level III Examination from the CFA Institute.

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 Sep 30, 2024

Equity 65.61%
Debt / cash 33.12%

Equity
Debt / Cash

Top holdings

HDFC Bank Limited

2.34%

State Bank of India

2.01%

Infosys Limited

1.38%

NTPC Limited

1.35%

Hindustan Unilever Limited

1.34%

Allocation by Market Cap

Large Cap

73.50%

Small Cap

19.50%

Mid Cap

7.00%

Top Sectors

Arbitrage (cash Long)

35.63%

Banks

5.60%

Finance

4.43%

It - Software

2.52%

Consumer Durables

2.18%

See all 34 holdings

Top holdings

No Data to display

Top holdings

7.32% GOI 2030

3.41%

7.38% GOI 2027

3.19%

TREPS / Reverse Repo Investments

1.97%

7.06% GOI 2028

1.92%

7.17% GOI 2030

1.62%

Cash & cash equivalents

1.27%

Credit rating profile

SOV

37.70%

CRISIL AAA

36.00%

CRISIL AA+

7.20%

Cash & Equivalent

6.00%

ICRA AA+

4.80%

Instrument break-up

Bonds & NCDs

51.10%

Government Securities (Central/State)

35.50%

TREPS

5.90%

Money market instruments

4.60%

Securitized Debt Instruments

3.00%

See all 30 holdings

Indicators

Yield to Maturity

7.35 %

Modified Duration

2.66 Years

Portfolio Macaulay Duration

2.80 Years

Average Maturity

3.63 Years

Portfolio turnover ratio

5.02 last 12 months

Portfolio turnover ratio - Directional Equity

0.39 last 12 months

Standard Deviation

6.52 %

Sharpe Ratio

0.55

Beta

0.84

R-Squared

79.58 %

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 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 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 # Additional Benchmark

Scheme disclaimers

Fund Details

Investment Objective

The investment objective of the Scheme is to seek capital appreciation by dynamically managing the asset allocation between equity and debt securities.
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 debt securities, arbitrage and other derivative strategies.
However, there can be no assurance that the investment objective of the scheme will be achieved.

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
HDFC Bank Limited	2.34%
State Bank of India	2.01%
ICICI Bank Limited	1.25%

Name	% of Net Assets
Bajaj Finance Limited	1.23%
Bajaj Finserv Limited	0.89%
Power Finance Corporation Limited	0.84%
Cholamandalam Investment and Finance Company Limited	0.78%
Bajaj Housing Finance Limited	0.69%

Name	% of Net Assets
Infosys Limited	1.38%
HCL Technologies Limited	1.14%

Name	% of Net Assets
Century Plyboards (India) Limited	1.07%
La Opala RG Limited	0.52%
Symphony Limited	0.50%
Indigo Paints Limited	0.09%

Name	% of Net Assets
Hindustan Unilever Limited	1.34%
ITC Limited	0.44%

Name	% of Net Assets
Mahindra & Mahindra Limited	0.79%
Tata Motors Limited	0.68%

Name	% of Net Assets
NTPC Limited	1.35%

Name	% of Net Assets
Kirloskar Oil Engines Limited	1.10%

Name	% of Net Assets
Larsen & Toubro Limited	0.99%

Name	% of Net Assets
Samvardhana Motherson International Limited	0.94%

Name	% of Net Assets
Life Insurance Corporation of India	0.90%

Name	% of Net Assets
Radico Khaitan Limited	0.86%

Name	% of Net Assets
Mrs. Bectors Food Specialities Limited	0.72%

Name	% of Net Assets
Cipla Limited	0.70%

Name	% of Net Assets
Coal India Limited	0.70%

Name	% of Net Assets
Gujarat Fluorochemicals Limited	0.66%

Name	% of Net Assets
Bharat Petroleum Corporation Limited	0.65%

Name	% of Net Assets
Bharti Hexacom Limited	0.55%

Name	% of Net Assets
JNK India Limited	0.51%

Name	% of Net Assets
JK Cement Limited	0.46%

Name	% of Net Assets
Emami Limited	0.46%

Name	% of Net Assets
Oil India Limited	0.45%

Name	% of Net Assets
REC Limited	1.61%
Bajaj Finance Limited	1.59%
Bharti Telecom Limited	0.83%
Titan Company Limited	0.82%
Cholamandalam Investment and Finance Company Limited	0.82%
Small Industries Development Bank of India	0.82%
Bajaj Finance Limited	0.81%
Tata Capital Limited	0.81%
HDB Financial Services Limited	0.80%
LIC Housing Finance Limited	0.80%
National Bank for Financing Infrastructure and Development	0.79%
REC Limited	0.79%
Cholamandalam Investment and Finance Company Limited	0.79%
National Bank for Agriculture and Rural Development	0.79%
National Housing Bank	0.79%
Power Finance Corporation Limited	0.78%
Muthoot Finance Limited	0.77%
LIC Housing Finance Limited	0.77%
Muthoot Finance Limited	0.77%
Small Industries Development Bank of India	0.16%

Name

% of Net Assets

REC Limited

1.61%

Bajaj Finance Limited

1.59%

Bharti Telecom Limited

0.83%

Titan Company Limited

0.82%

Cholamandalam Investment and Finance Company Limited

0.82%

Small Industries Development Bank of India

0.82%

Bajaj Finance Limited

0.81%

Tata Capital Limited

0.81%

HDB Financial Services Limited

0.80%

LIC Housing Finance Limited

0.80%

National Bank for Financing Infrastructure and Development

0.79%

REC Limited

0.79%

Cholamandalam Investment and Finance Company Limited

0.79%

National Bank for Agriculture and Rural Development

0.79%

National Housing Bank

0.79%

Power Finance Corporation Limited

0.78%

Muthoot Finance Limited

0.77%

LIC Housing Finance Limited

0.77%

Muthoot Finance Limited

0.77%

Small Industries Development Bank of India

0.16%

Name	% of Net Assets
7.32% GOI 2030	3.41%
7.38% GOI 2027	3.19%
7.06% GOI 2028	1.92%
7.17% GOI 2030	1.62%
7.10% GOI 2034	0.81%
7.10% GOI 2029	0.80%

Name

% of Net Assets

7.32% GOI 2030

3.41%

7.38% GOI 2027

3.19%

7.06% GOI 2028

1.92%

7.17% GOI 2030

1.62%

7.10% GOI 2034

0.81%

7.10% GOI 2029

0.80%

Name	% of Net Assets
TREPS / Reverse Repo Investments	1.97%

Name

% of Net Assets

TREPS / Reverse Repo Investments

1.97%

Name	% of Net Assets
364 DAYS T-BILL 2024	0.76%
Panatone Finvest Limited	0.75%

Name

% of Net Assets

364 DAYS T-BILL 2024

0.76%

Panatone Finvest Limited

0.75%

Name	% of Net Assets
India Universal Trust	0.98%

Name

% of Net Assets

India Universal Trust

0.98%

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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