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DSP Multi Asset Allocation Fund

DSP Multi Asset Allocation Fund

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Benchmark: 40% NIFTY500 TRI + 20% NIFTY Com info icon

64.14K people have invested in this fund

team 64.14K people have invested in this fund as of

This is a Hybrid Multi Asset Allocation fund with 40% NIFTY500 TRI + 20% NIFTY Composite Debt Index + 15% Domestic Price of Physical Gold (based on London Bullion Market Association (LBMA) gold daily spot fixing price) + 5% iCOMDEX Composite Index + 20% MSCI World Index as its benchmark. The risk level for this fund is categorized as Very High Risk.

Total AUM

1,524.43 crores as of Mar 31, 2024

Age of Fund

6 months since Sep 27, 2023

Expense Ratio

0.28% as of Apr 16, 2024

Exit Load

Nil: If the units r

Ideal holding period

10 Years+

Holdings

as of Mar 31, 2024

DSP Gold ETF

16.64%

ICICI Bank Limited

3.96%

iShares Global Industrials ETF

3.91%

The Communication Services Select Sector SPDR Fund

3.91%

HDFC Bank Limited

3.80%

DSP Silver ETF

3.45%

iShares S & P 500 Energy Sector UCITS ETF

2.70%

Uncategorized

49.40%

Large Cap

34.60%

Mid Cap

9.40%

Small Cap

6.30%

Banks

12.10%

It - Software

8.40%

Pharmaceuticals & Biotechnology

7.50%

Automobiles

4.10%

Auto Components

3.30%

Things to know before you invest

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What is in DSP Multi Asset Allocation Fund?

  1. It is a Hybrid scheme which can invest across o Domestic equities (35-80%) o Domestic debt (10-50%) o Gold (10-50%) o International equities (0-50%) o Other commodities (0-20%) o REITs & InvITs (0-10%)
  2. Asset allocation of the fund will be dynamically managed by the fund manager based on various factors like expected returns, volatility, correlation among asset classes etc. Allocation ranges provided above in (brackets) above.
  3. Fund will endeavour to participate more in International & domestic equities during bull market & during bear market fund will endeavour to reduce drawdowns by increasing allocation to debt & gold along with hedging domestic equities.
  4. Investor can get indexation benefit with 20% tax on long term capital gains if holding period is greater than 3 years. Short term capital gains will be taxed at maximum marginal rate of tax based on investor's tax slab.
  1. Can provide equity like returns over long-term with lower volatility & drawdowns.
  2. Allocation to gold can provide opportunity to generate returns during crisis situations.
  3. Fund can offer smoother investment journey with debt allocation along with opportunity of growth by investing in equities.
  4. It tries to reduce the impact of market fluctuations in the portfolio.
  5. Reduce capital drawdowns during falling markets through debt & gold allocation.
  6. Diversify domestic risk by investing in gold & international equities.
  7. Removes hassle of asset allocation by investor in tax-efficient way.
  1. Retail Investors
    • A first-time investor starting his/her investment journey.
    • Investors expecting long-term equity-like returns with lower draw-downs.
    • A one-stop fund for investors who do not know where to invest.
    • Seasoned Investors
      • Scientific asset allocation aimed at providing better risk-adjusted returns.
      • Favorable Taxation in fund structure vs. individual investment.
      • Want exposure to multiple asset classes at the same time.
      • Seasoned Investors
          ? Retired professionals who are seeking
        • Monthly cashflow (using the SWP option)
        • Capital Appreciation
        • Lower drawdown & volatility
  1. Fund carries Very High Risk.
  2. Fund will not remove the risks arising from market falls altogether, it aims to reduce the impact & smoothen your journey.
  3. This fund may under-perform the equity market during sudden bull-runs.
  4. Since fund is actively managed, fund can under-perform in short-term if fund managers style doesn?t work.

Fund managers:

Aparna Karnik

Aparna Karnik

Total work experience of 20 years. Managing this fund since September 2023.
Total work experience of 20 years. Managing this fund since September 2023.

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Prateek Nigudkar

Prateek Nigudkar

Total work experience of 12 years. Managing this fund since September 2023.
Total work experience of 12 years. Managing this fund since September 2023.

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Sandeep Yadav

Sandeep Yadav

Total work experience of 21 years. Managing this fund since September 2023.
Total work experience of 21 years. Managing this fund since September 2023.

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Jay Kothari

Jay Kothari

Total work experience of 18 years. Managing this fund since September 2023.
Total work experience of 18 years. Managing this fund since September 2023.

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Ravi Gehani

Ravi Gehani

Total work experience of 9 years. Managing this fund since September 2023.
Total work experience of 9 years. Managing this fund since September 2023.

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Portfolio

Prescribed asset allocation: 35% - 80% Equity & Equity related instruments including derivatives , 10% - 50% Debt and money market instruments , 10% - 50% Gold ETFs & other Gold related instruments (including ETCDs) as permitted by SEBI from time to time , 0% - 20% Other Commodity ETFs, Exchange Traded Commodity Derivatives (ETCDs) & any other mode of investment in commodities as permitted by SEBI from time to time , 0% - 10% Units of REITs & InvITs

Current Allocation

as of Mar 31, 2024

Top holdings

DSP Gold ETF

16.64%

ICICI Bank Limited

3.96%

iShares Global Industrials ETF

3.91%

The Communication Services Select Sector SPDR Fund

3.91%

HDFC Bank Limited

3.80%

Allocation by Market Cap

Uncategorized

49.40%

Large Cap

34.60%

Mid Cap

9.40%

Small Cap

6.30%

Top Sectors

Mutual-funds

35.37%

Banks

9.51%

It - Software

6.61%

Pharmaceuticals & Biotechnology

5.90%

Automobiles

3.19%

Top holdings

TREPS / Reverse Repo Investments / Corporate Debt Repo

5.14%

National Bank for Agriculture and Rural Development

5.00%

Bharti Telecom Limited

3.39%

State Bank of India

3.25%

7.18% GOI 2033

2.67%

Cash & cash equivalents

-2.28%

Credit rating profile

CRISIL AAA

35.10%

Cash & Equivalent

21.30%

SOV

15.50%

CRISIL AA+

14.20%

IND A1+

13.80%

Instrument break-up

Bonds & NCDs

49.50%

TREPS

21.50%

Government Securities (Central/State)

15.40%

Money market instruments

13.60%


Indicators

Yield to Maturity

7.59 %

Modified Duration

2.54 Years

Portfolio Macaulay Duration

2.73 Years

Average Maturity

3.39 Years

Portfolio turnover ratio

0.02 last 12 months

Portfolio turnover ratio - Directional Equity

0.01 last 12 months

Compare Performance

Chart type

Invested as

Invested Amount

Invested since

This fund

Vs

40% NIFTY500 TRI + 20%

NIFTY 50 TRI

Gold

PPF

Funds Annual returns Current Value Absolute Growth

Chart type:

Invested as

Invested Amount

Invested period

Funds Minimum Median Maximum % times -ve returns % times returns > 7%
  • Historical Returnsas of with investment of10,000

This fund 40% NIFTY500 TRI + 20% NIFTY C ^ 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

Fund Details

Fund Details

Investment Objective

The investment objective of the Scheme is to seek to generate long term capital appreciation by investing in multi asset classes including equity and equity related securities, debt and money market instruments, commodity ETFs, exchange traded commodity derivatives and overseas securities.
There is no assurance that the investment objective of the Scheme will be achieved.

Fund Type

Hybrid – Multi Asset Allocation

An open ended scheme investing in equity/equity related securities, debt/ money market instruments, commodity ETFs, exchange traded commodity derivatives and overseas securities.

Riskometer

Level of Risk in the fund

View details

Minimum Investment

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

team 64.14K peoplehave invested in this fund as of