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 Moderate Risk.

Total AUM

₹3,237.18 crores as of Aug 31, 2024

Age of Fund

10 years 7 months since Feb 06, 2014

Expense Ratio

0.7% as of Sep 10, 2024

Exit Load

NIL - If the units …

Ideal holding period

5 Years+

Holdings

as of Aug 31, 2024

HDFC Bank Limited

2.23%

Infosys Limited

1.60%

State Bank of India

1.54%

Power Finance Corporation Limited

1.39%

Hindustan Unilever Limited

1.27%

HCL Technologies Limited

1.26%

ICICI Bank Limited

1.22%

See all 36 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:

Rohit Singhania

Total work experience of 23 years. Managing this fund since November 2023.

See funds managed by him

See his investing philosophy

Total work experience of 23 years. Managing this fund since November 2023.

See funds managed by him

See his investing philosophy

Dhaval Gada

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

See funds managed by him

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

See funds managed by him

Laukik Bagwe

Total work experience of 23 years. Managing this fund since July 2021.

See funds managed by him

Total work experience of 23 years. Managing this fund since July 2021.

See funds managed by him

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

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

2.23%

Infosys Limited

1.60%

State Bank of India

1.54%

Power Finance Corporation Limited

1.39%

Hindustan Unilever Limited

1.27%

Allocation by Market Cap

Large Cap

70.60%

Small Cap

18.90%

Mid Cap

10.60%

Top Sectors

Arbitrage (cash Long)

35.62%

Banks

4.99%

Finance

4.84%

It - Software

2.86%

Consumer Durables

1.96%

See all 36 holdings

Top holdings

No Data to display

Top holdings

7.32% GOI 2030

3.39%

7.38% GOI 2027

3.18%

TREPS / Reverse Repo Investments

2.48%

7.06% GOI 2028

1.92%

7.17% GOI 2030

1.61%

Cash & cash equivalents

0.58%

Credit rating profile

SOV

37.30%

CRISIL AAA

35.00%

Cash & Equivalent

7.80%

CRISIL AA+

7.50%

ICRA AAA

5.60%

Instrument break-up

Bonds & NCDs

52.70%

Government Securities (Central/State)

34.90%

TREPS

7.70%

Money market instruments

4.70%

See all 29 holdings

Indicators

Yield to Maturity

7.41 %

Modified Duration

2.66 Years

Portfolio Macaulay Duration

2.81 Years

Average Maturity

3.54 Years

Portfolio turnover ratio

5.11 last 12 months

Portfolio turnover ratio - Directional Equity

0.47 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 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

Name	% of Net Assets
HDFC Bank Limited	2.23%
State Bank of India	1.54%
ICICI Bank Limited	1.22%

Name	% of Net Assets
Power Finance Corporation Limited	1.39%
Bajaj Finance Limited	1.16%
Bajaj Finserv Limited	1.01%
Cholamandalam Investment and Finance Company Limited	0.71%
PNB Housing Finance Limited	0.57%

Name	% of Net Assets
Infosys Limited	1.60%
HCL Technologies Limited	1.26%

Name	% of Net Assets
Century Plyboards (India) Limited	0.96%
Symphony Limited	0.50%
La Opala RG Limited	0.50%

Name	% of Net Assets
Hindustan Unilever Limited	1.27%
ITC Limited	0.43%

Name	% of Net Assets
Tata Motors Limited	0.81%
Mahindra & Mahindra Limited	0.72%

Name	% of Net Assets
Bharti Hexacom Limited	0.80%
Indus Towers Limited	0.57%

Name	% of Net Assets
Kirloskar Oil Engines Limited	1.20%

Name	% of Net Assets
Oil India Limited	1.05%

Name	% of Net Assets
NTPC Limited	1.04%

Name	% of Net Assets
Larsen & Toubro Limited	1.01%

Name	% of Net Assets
Life Insurance Corporation of India	0.96%

Name	% of Net Assets
Samvardhana Motherson International Limited	0.87%

Name	% of Net Assets
Radico Khaitan Limited	0.82%

Name	% of Net Assets
Bharat Petroleum Corporation Limited	0.73%

Name	% of Net Assets
Coal India Limited	0.73%

Name	% of Net Assets
Cipla Limited	0.71%

Name	% of Net Assets
JNK India Limited	0.58%

Name	% of Net Assets
Gujarat Fluorochemicals Limited	0.50%

Name	% of Net Assets
GAIL (India) Limited	0.49%

Name	% of Net Assets
Emami Limited	0.49%

Name	% of Net Assets
JK Cement Limited	0.44%

Name	% of Net Assets
Mrs. Bectors Food Specialities Limited	0.38%

Name	% of Net Assets
Bharat Electronics Limited	0.37%

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

Name	% of Net Assets
7.32% GOI 2030	3.39%
7.38% GOI 2027	3.18%
7.06% GOI 2028	1.92%
7.17% GOI 2030	1.61%
7.10% GOI 2029	0.80%
7.10% GOI 2034	0.32%

Name	% of Net Assets
TREPS / Reverse Repo Investments	2.48%

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

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 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

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