DSP Multi Asset Allocation Fund Direct Growth

DSP Multi Asset Allocation Fund Direct Growth is a hybrid fund. This fund was started on 29 September, 2023. The fund is managed by Ravi Gehani, Shantanu Godambe, Aparna Karnik. This fund gives you the benefit of diversification.

1. DSP Multi Asset Allocation Fund Direct Growth has ₹3645 Cr worth of assets under management (AUM) as on Aug 2025 and is more than category average.
2. The fund has an expense ratio 0.3.
   

DSP Multi Asset Allocation Fund Direct Growth has given a CAGR return of 20.07% since inception. Over the last 1 year the fund has given a CAGR return of 13.81%.

DSP Multi Asset Allocation Fund Direct Growth has allocated its funds majorly in Government, Cash Equivalent, Financial Services, Corporate, Consumer Cyclical, Tech, Communication, Basic Materials, Industrial, Health, Real Estate, Consumer Defensive, Utilities, Energy.

As it is a multi asset allocation mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Long term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

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 realized.

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. DSP Multi Asset Allocation Fund Direct Growth has no lock in period.