Invest in DSP Dynamic Asset Allocation Fund Direct Monthly IDCW Online

Benchmark: CRISIL Hybrid 50+50 - Moderate I…

1.05 lakh people have invested in this fund

LumpsumMonthly SIPView performance details

Return:

Annualized

Absolute

This fund

18.00%

CRISIL Hybrid 50+50 - Moderate I…

14.30%

NIFTY 50 TRI

14.15%

team 1.05 lakh people have invested in this fund as of

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 Moderately High Risk.

Total AUM

₹3,200.61 crores as of Nov 30, 2024

Age of Fund

10 years 10 months since Feb 06, 2014

Expense Ratio

0.73% as of Dec 11, 2024

Exit Load

NIL - If the units …

Ideal holding period

5 Years+

Holdings

as of Nov 30, 2024

HDFC Bank Limited

2.47%

Infosys Limited

1.76%

State Bank of India

1.66%

ICICI Bank Limited

1.55%

HCL Technologies Limited

1.47%

Larsen & Toubro Limited

1.28%

Hindustan Unilever Limited

1.15%

See all 41 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

Top holdings

HDFC Bank Limited

2.47%

Infosys Limited

1.76%

State Bank of India

1.66%

ICICI Bank Limited

1.55%

HCL Technologies Limited

1.47%

Allocation by Market Cap

Large Cap

71.10%

Small Cap

21.00%

Mid Cap

7.70%

Top Sectors

Banks

5.68%

Finance

3.89%

It - Software

3.23%

Construction

2.17%

Automobiles

2.09%

Arbitrage (cash Long)

32.63%

See all 41 holdings

Top holdings

No Data to display

Top holdings

7.32% GOI 2030

3.38%

7.06% GOI 2028

1.91%

REC Limited

1.66%

Bajaj Finance Limited

1.65%

7.38% GOI 2027

1.64%

Cash & cash equivalents

0.21%

Credit rating profile

SOV

42.90%

CRISIL AAA

37.10%

CRISIL AA+

7.80%

ICRA AA+

5.00%

Cash & Equivalent

4.00%

Instrument break-up

Bonds & NCDs

50.40%

Government Securities (Central/State)

30.90%

Money market instruments

11.70%

TREPS

3.90%

Securitized Debt Instruments

3.10%

See all 32 holdings

Indicators

Yield to Maturity

7.32 %

Modified Duration

2.54 Years

Portfolio Macaulay Duration

2.67 Years

Average Maturity

3.36 Years

Portfolio turnover ratio

5.16 last 12 months

Portfolio turnover ratio - Directional Equity

0.34 last 12 months

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 Returnsas of with investment of₹10,000
As per SEBI format
As per IDCW history

	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%

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

Name	% of Net Assets
HDFC Bank Limited	2.47%
State Bank of India	1.66%
ICICI Bank Limited	1.55%

Name	% of Net Assets
Bajaj Finance Limited	1.13%
Power Finance Corporation Limited	0.87%
Cholamandalam Investment and Finance Company Limited	0.85%
Bajaj Finserv Limited	0.73%
Bajaj Housing Finance Limited	0.31%

Name	% of Net Assets
Infosys Limited	1.76%
HCL Technologies Limited	1.47%

Name	% of Net Assets
Larsen & Toubro Limited	1.28%
Engineers India Limited	0.89%

Name	% of Net Assets
Mahindra & Mahindra Limited	1.08%
Tata Motors Limited	1.01%

Name	% of Net Assets
Century Plyboards (India) Limited	0.81%
La Opala RG Limited	0.51%
Symphony Limited	0.36%
Indigo Paints Limited	0.22%

Name	% of Net Assets
Mankind Pharma Limited	0.94%
Cipla Limited	0.77%

Name	% of Net Assets
Life Insurance Corporation of India	1.00%
SBI Life Insurance Company Limited	0.62%

Name	% of Net Assets
Hindustan Unilever Limited	1.15%
ITC Limited	0.42%

Name	% of Net Assets
NTPC Limited	1.13%

Name	% of Net Assets
Kirloskar Oil Engines Limited	1.08%

Name	% of Net Assets
Navin Fluorine International Limited	0.60%
Gujarat Fluorochemicals Limited	0.45%

Name	% of Net Assets
Radico Khaitan Limited	1.03%

Name	% of Net Assets
Coal India Limited	0.81%

Name	% of Net Assets
NMDC Limited	0.80%

Name	% of Net Assets
Samvardhana Motherson International Limited	0.74%

Name	% of Net Assets
Mrs. Bectors Food Specialities Limited	0.70%

Name	% of Net Assets
Bharat Petroleum Corporation Limited	0.62%

Name	% of Net Assets
Bharti Hexacom Limited	0.54%

Name	% of Net Assets
JK Cement Limited	0.53%

Name	% of Net Assets
JNK India Limited	0.49%

Name	% of Net Assets
Emami Limited	0.47%

Name	% of Net Assets
GAIL (India) Limited	0.42%

Name	% of Net Assets
Oil India Limited	0.39%

Name	% of Net Assets
Welspun Living Limited	0.18%

Name	% of Net Assets
REC Limited	1.66%
Bajaj Finance Limited	1.65%
Small Industries Development Bank of India	1.10%
Bharti Telecom Limited	0.86%
Small Industries Development Bank of India	0.84%
Bajaj Finance Limited	0.83%
HDB Financial Services Limited	0.83%
Cholamandalam Investment and Finance Company Limited	0.82%
National Bank for Financing Infrastructure and Development	0.81%
National Housing Bank	0.81%
REC Limited	0.81%
Muthoot Finance Limited	0.80%
Muthoot Finance Limited	0.80%
LIC Housing Finance Limited	0.80%
Power Finance Corporation Limited	0.80%
Titan Company Limited	0.79%
Cholamandalam Investment and Finance Company Limited	0.78%
Tata Capital Limited	0.34%
Small Industries Development Bank of India	0.17%

Name	% of Net Assets
7.32% GOI 2030	3.38%
7.06% GOI 2028	1.91%
7.38% GOI 2027	1.64%
7.17% GOI 2030	1.60%
7.10% GOI 2029	0.80%
7.10% GOI 2034	0.65%

Name	% of Net Assets
364 DAYS T-BILL 2025	1.18%
364 DAYS T-BILL 2024	0.78%
364 DAYS T-BILL 2025	0.77%
364 DAYS T-BILL 2025	0.77%
364 DAYS T-BILL 2025	0.29%

Name	% of Net Assets
TREPS / Reverse Repo Investments	1.25%

Name	% of Net Assets
India Universal Trust	1.00%

For lumpsum investments, if the investment period is less than 1 year then same return values are displayed for absolute & XIRR. For periods above 1 year, they are annualized. 1 Year is assumed as 365 days.
Returns for investments in income distribution cum capital withdrawal (IDCW) plans of schemes are calculated after assuming that the net income distribution cum capital withdrawal (IDCW) payouts post statutory taxes & levies, are re-invested back in the scheme.
Income distribution cum capital withdrawals (IDCW) declared from benchmark's constituents isn't taken into account when comparing with investment in scheme's income distribution cum capital withdrawal (IDCW) plans.
Performance is always compared against the latest benchmark of the scheme irrespective of the date of change of scheme's benchmark, if any.
Except when SIP tenure is since inception, for all tenures, the start day for SIP investments is considered as 1st of every month. There is no end date to SIPs for the purpose of graphs.
For the purpose of NAV date applicability, if the investment date happens to be a non-business day, next business day's NAV is applied. Investment on inception date can happen on a non-business day.
Gold prices are available post 29 JAN, 2005 & are based on daily closing values on MCX.
PPF interest rate is assumed at 8.7% p.a. & interest received is compounded daily for the returns illustration in the charts.
Tracking Difference is computed as the difference between the performance of the Scheme and its Benchmark in annualised term.
Tracking Difference shall be disclosed only if the Scheme has completed 1 year period.
Fund returns used for computation are net of TER and of Growth option and benchmark returns are of total return index.
For DSP NIFTY 1D Rate Liquid ETF, growth returns are computed based on IDCW plan assuming reinvestment of payouts but gross of statutory taxes & levies and net of TER.

For lumpsum investments, if the investment period is less than 1 year then same return values are displayed for absolute & XIRR. For periods above 1 year, they are annualized. 1 Year is assumed as 365 days.
Returns for investments in income distribution cum capital withdrawal (IDCW) plans of schemes are calculated after assuming that the net income distribution cum capital withdrawal (IDCW) payouts post statutory taxes & levies, are re-invested back in the scheme.
Income distribution cum capital withdrawals (IDCW) declared from benchmark's constituents isn't taken into account when comparing with investment in fund's income distribution cum capital withdrawal (IDCW) plans.
Performance is always compared against the latest benchmark of the fund irrespective of the date of change of fund's benchmark, if any.
Except when SIP tenure is since inception, for all tenures, the start day for SIP investments is considered as 1st of every month. There is no end date to SIPs for the purpose of graphs.
For the purpose of NAV date applicability, if the investment date happens to be a non-business day, next business day's NAV is applied. Investment on inception date can happen on a non-business day.
Gold prices are available post 29 JAN, 2005 & are based on daily closing values on MCX.
Investment in gold has a strong global market demand and gold is highly liquid asset.
PPF interest rate is assumed at 8.7% p.a. & interest received is compounded daily for the returns illustration in the charts.
The comparison with PPF (and other traditional saving instruments/assets) has been given for the purpose of the general information only. Investments in mutual funds should not be construed as a promise, guarantee on or a forecast of any minimum returns. Unlike traditional saving instruments there is no capital protection guarantee or assurance of any return in mutual fund investment. Traditional savings instruments are comparatively low risk products and are generally backed by the Government. Investment in mutual funds carries high risk as compared to the traditional saving instruments and any investment decision needs to be taken only after consulting the Tax Consultant or Mutual Fund Distributor.
Past performance may or may not sustain in future and should not be used as a basis for comparison with other investments. There is no assurance of any returns/capital protection/capital guarantee to the investors in any scheme of DSP Mutual Fund.
The sector(s)/stock(s)/issuer(s) mentioned in this document do not constitute any recommendation of the same and the Fund may or may not have any future position in these sector(s)/stock(s)/issuer(s).
The investment approach / framework/ strategy / portfolio / other data mentioned herein are dated and currently followed by the scheme and the same may change in future depending on market conditions and other factors.
The SIP returns are calculated by XIRR approach assuming investment of Rs. 10,000/- on the 1st working day of every month. XIRR helps in calculating return on investments given an initial and final value and a series of cash infows and outflows with the correct allowance for the time impact of the transactions. Load is not taken into consideration for computation of performance.

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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 Moderately High 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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