What Is DSP Multi Asset Omni Fund of Funds NFO?

DSP NETRA is a monthly market intelligence framework developed by DSP Mutual Fund. It is designed to assess prevailing market conditions using a combination of quantitative and qualitative indicators rather than forecasting market levels or short-term movements.

Purpose of DSP NETRA

The primary purpose of DSP NETRA is to provide perspective. It seeks to answer where markets and asset classes are positioned relative to historical context, rather than where they may go next.

How DSP NETRA Analyses Markets

DSP NETRA typically evaluates multiple dimensions together, including:

• Valuation metrics across asset classes

• Sector cycles and leadership trends

• Asset-class behaviour across equity, debt, and commodities

• Broader macroeconomic and risk signals

By examining these indicators collectively, the framework attempts to reduce reliance on isolated data points or prevailing narratives.

Signals Without Prediction

DSP NETRA does not make directional forecasts or return promises. Instead, it highlights conditions such as relative expensiveness or attractiveness, shifts in leadership, or changes in risk perception - allowing investment decisions to be informed by context rather than momentum.

What Is the NFO?

The DSP Multi Asset Omni Fund of Funds is an open-ended multi-asset fund of funds. The New Fund Offer period is from 5 February 2026 to 19 February 2026, as per the Scheme Information Document (SID).

As a fund of funds, the scheme does not invest directly in individual stocks or bonds. Instead, it invests in other mutual fund schemes including DSP MF schemes and exchange-traded funds (ETFs) to build exposure across multiple asset classes.

Role of DSP NETRA in This NFO

The fund’s allocation decisions are guided by insights derived from DSP NETRA. Market assessments from the framework inform how exposure across asset classes may be adjusted over time, within defined limits.

Using a structured research framework matters because asset allocation decisions are often most difficult during periods of market stress or exuberance. DSP NETRA aims to introduce consistency into this process by anchoring decisions to data and historical context rather than short-term sentiment.

Dynamic Asset Allocation

The fund operates within predefined allocation ranges, which may vary based on market conditions and DSP NETRA assessments. Indicative ranges* include:

• Equity-oriented schemes: 25% - 75%

• Debt-oriented schemes: 15% - 50%

• Gold and Silver ETFs: 10% - 50%

These ranges allow flexibility while maintaining diversification discipline. Actual allocations are disclosed periodically and remain subject to regulatory limits and internal investment processes. * The above range is indicative based on internal framework and final allocation shall be decided by the fund manager at their discretion. The Scheme will always adhere to the asset allocation limits mentioned in the SID i.e units of underlying schemes (95-100%) of which Equity Oriented schemes (25-80%), Debt Oriented schemes (10-60%), Gold & Silver ETF (10-65%), Cash & Cash Equivalent (0-5%).

Diversification Across Asset Classes

The fund provides exposure across:

• Equity Oriented Schemes

• Debt Oriented Schemes

• Commodity ETFs such as gold and silver

Different asset classes often behave differently across market cycles. Diversification seeks to manage portfolio variability, though it does not eliminate market risk.

Flexibility & Adaptive Strategy

Because allocation is guided by a structured framework rather than static weights, the portfolio can adapt as market conditions evolve. Investors are not required to manually rebalance

exposures across asset classes, as portfolio construction and adjustments are handled at the fund level.

This NFO may be evaluated by:

• Long-term investors seeking multi-asset diversification

• Those looking for a single-fund solution to access equity, debt, and commodity exposure in a tax efficient way.

As with all market-linked investments, suitability depends on individual risk tolerance, time horizon, and financial goals.

DSP NETRA seeks to identify valuation gaps, shifts in relative attractiveness, and changes in asset-class behaviour across cycles. For example, the framework may highlight:

• When certain asset classes appear relatively stretched or subdued compared to history

• Sector leadership trends emerging or fading

• Risk signals based on macro or market-wide indicators

These insights are not forecasts but contextual inputs used to guide allocation decisions over time.

The DSP Multi Asset Omni Fund of Funds NFO is open for subscription from 5 February 2026 to 19 February 2026.

Investors may apply through:

• DSP Mutual Fund’s official website

• Registered mutual fund platforms

• Distributors and intermediaries, subject to KYC and regulatory requirements

Minimum investment amounts, plan options, and other details are available in the Scheme Information Document.

The DSP Multi Asset Omni Fund of Funds represents an attempt to translate structured market research into disciplined asset allocation. By combining a multi-asset approach with DSP NETRA’s market assessments, the fund seeks to reduce reliance on ad-hoc decisions during volatile periods.

As with any market-linked product, outcomes depend on market behaviour and adherence to process over time. Investors should evaluate whether a research-guided, multi-asset structure aligns with their investment horizon, risk appetite, and broader financial objectives.

^55% Nifty 500 TRI + 15% Domestic Price of Physical Gold (LBMA) + 5% Domestic Price of Physical Silver (LBMA) + 25% NIFTY Composite Debt Index

This banner is for information purposes only. It should not be construed as investment advice to any party. The product labelling assigned during the New Fund Offer (‘NFO’) is based on internal assessment of the Scheme Characteristics or model portfolio and the same may vary post NFO when actual investments are made. Investors should note that they will be bearing the recurring expenses of the scheme, in addition to the expenses of other schemes in which the Fund of Funds Scheme makes investments. All logos used in the image are trademarks™ or registered® trademarks of their respective holders. Use of them does not imply any affiliation with or endorsement by of their respective holders. The sector(s)/stock(s)/issuer(s) mentioned on this webpage 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). There is no assurance of any returns/capital protection/capital guarantee to the investors in this scheme of DSP Mutual Fund.

The investment approach / framework/ strategy mentioned herein are proposed to be followed and the same may change in future depending on market conditions and other factors. Large caps are defined as top 100 stocks on market capitalization, mid caps as 101-250, small caps as 251 and above. DSP NETRA is an internal market insights publication used as one of several inputs to the Scheme’s investment process; however, DSP NETRA is not an investment advice and fund manager discretion prevails in all portfolio decisions. For complete details on investment objective, investment strategy, asset allocation, scheme specific risk factors and more details, please read the Scheme Information Document, Statement of Additional Information and Key Information Memorandum of the scheme available on ISC of AMC and also available on www.dspim.com.