DSP Dynamic Asset Allocation Fund Direct Growth

DSP Dynamic Asset Allocation Fund Direct Growth

NAV as on 29-04-2025

₹ 30.82

0.3%

1D

Inception Returns

10.5%

/yr

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
437 people have invested ₹ 63.2L in DSP Dynamic Asset Allocation Fund Direct Growth in the last three months

About DSP Dynamic Asset Allocation Fund Direct Growth

DSP Dynamic Asset Allocation Fund Direct Growth is a hybrid fund. This fund was started on 6 February, 2014. The fund is managed by Rohit Singhania. This fund gives you the benefit of diversification.

Key Parameters

  1. DSP Dynamic Asset Allocation Fund Direct Growth has ₹3217 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
  2. The fund has an expense ratio 0.7.

Returns

DSP Dynamic Asset Allocation Fund Direct Growth has given a CAGR return of 10.54% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 13.28%, 12.80% and 13.86% respectively.

Holdings

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

Taxation

As it is a dynamic 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).

Investment objective of DSP Dynamic Asset Allocation Fund Direct Growth

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 the investment objective of the scheme will be realized.

Minimum Investment and lockin period

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

DSP Dynamic Asset Allocation Fund Direct Growth Overview

Expense ratio0.73%
Benchmark
CRISIL Hybrid 50+50 - Moderate TR INR
AUM₹3217 Cr
Inception Date6 February, 2014
Min Lumpsum/SIP₹100/₹100
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
429.25%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Moderate Risk

INDmoney Rank for DSP Dynamic Asset Allocation Fund Direct Growth

Powered by IND quant engine
1
/17
11% Performance
102% Risk Management
50% Cost
1 out of 17 among dynamic asset allocation

Trailing Returns

as on (29-Apr-25)

Period
DSP Dynamic Asset Allocation Fund Direct Growth
Dynamic Asset Allocation Index
1M
1.8%
0.9%
3M
4.4%
1.2%
6M
3%
-1.4%
1Y
13.3%
5.1%
3Y
12.8%
11.5%
5Y
13.9%
15%

Fund Distribution

as on (31-Mar-25)

  • Equity 38.7%

  • Debt & Cash 61.3%

Large cap
50.3%

Small cap
8.2%

Mid cap
8%

Sector Allocation

Mar'25

Feb'25

Jan'25

Dec'24

Nov'24

Oct'24

Sep'24

Financial Services
34%
Energy
12.5%
Industrial
10.8%
Basic Materials
8.4%
Utilities
8.1%
Consumer Cyclical
7.5%
Consumer Defensive
7.3%
Tech
3.8%
Health
3.4%
Communication
3.2%
Real Estate
0.9%
All changes are between Oct'69 and Dec'69
Parameters
Mar'25
Feb'25
Jan'25
AUM
₹ 3.2K Cr
₹ 3.2K Cr
₹ 3.2K Cr
  • AUM of the fund stands at 3.2K Cr as of Mar'25
  • AUM increased by 30.8 Cr between Mar'25 and Feb'25
Top Stocks bought last month
Rural Electrification Corporation Limited's allocation increased from 0.77% to 0.81%
Rural Electrification Corporation Limited's allocation increased from 0.77% to 0.81%
Cholamandalam Investment And Fin. Co. Ltd's allocation increased from 0.78% to 0.82%
Cholamandalam Investment And Fin. Co. Ltd's allocation increased from 0.78% to 0.82%
Muthoot Finance Limited's allocation increased from 0.8% to 0.8%
Muthoot Finance Limited's allocation increased from 0.8% to 0.8%
Top Stocks sold last month
Bajaj Finance Limited's allocation decreased from 5.26 % to 1.65 %
Bajaj Finance Limited's allocation decreased from 5.26 % to 1.65 %
Small Industries Development Bank Of India's allocation decreased from 5.26 % to 1.1 %
Small Industries Development Bank Of India's allocation decreased from 5.26 % to 1.1 %
Small Industries Development Bank Of India's allocation decreased from 1.1 % to 0.84 %
Small Industries Development Bank Of India's allocation decreased from 1.1 % to 0.84 %

Top 3 Sectors in March were Financial Services, Corporate & Government

Mar'25
Financial Services
34%
Corporate
30%
Government
18%
Feb'25
Financial Services
37%
Corporate
23%
Government
20%
  • Equity

  • Debt & Cash

Holdings
Weight%
1M Change
HDFC Bank Ltd
HDFC Bank Ltd
5.26%
0%
State Bank of India
State Bank of India
3.32%
4.5%
Adani Enterprises Ltd
Adani Enterprises Ltd
3.14%
0%
ICICI Bank Ltd
ICICI Bank Ltd
2.49%
36.5%
Tata Power Co Ltd
Tata Power Co Ltd
2.42%
0%
  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
DSP Dynamic Asset Allocation Fund Direct Growth
DSP Dynamic Asset Allocation Fund Direct Growth
13.28%
12.8%
13.86%
10.54%
Axis Balanced Advantage Fund Direct Growth
Axis Balanced Advantage Fund Direct Growth
15.49%
15.59%
15.76%
11.31%
Kotak Balanced Advantage Fund Direct Growth
Kotak Balanced Advantage Fund Direct Growth
12.61%
13.11%
16.64%
12.16%
ICICI Prudential Balanced Advantage Fund Direct Plan Growth
ICICI Prudential Balanced Advantage Fund Direct Plan Growth
11.55%
13.64%
17.86%
13.24%
Fund
Mar'25
Feb'25
Jan'25
No of Holdings
123
193
201
Top 5 Company Concentration
16.6%
16.1%
16.3%
Company having highest exposure
HDFC Bank Ltd (5.3%)
HDFC Bank Ltd (5.2%)
HDFC Bank Ltd (4.8%)
No of Sectors
13
13
13
Top 5 Sectors Concentration
105.3%
102.4%
101.2%
Sector having highest exposure
Financial Services (34%)
Financial Services (37.1%)
Financial Services (36.5%)
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Rohit Singhania
Rohit Singhania
Fund Manager of DSP Dynamic Asset Allocation Fund Direct Growth, since 1 November 2023
Top funds managed
Fund House
DSP Asset Managers Private Limited
Total Schemes
Total AUM
₹1.28L Cr
as on 30-Sep-2023
Address
India
Phone
91-22-66578000
Website
service@dspblackrock.com

Mutual Fund Insights

Insights icon
In the last 1 year, Axis Balanced Advantage Fund Direct Growth has given 14.01% return, outperforming this fund by 1.13%.
Insights icon
In the last 3 years, HDFC Balanced Advantage Fund Direct Plan Growth Option has given 20.48% return, outperforming this fund by 7.69% per annum.
Insights icon
In the last 5 years, HDFC Balanced Advantage Fund Direct Plan Growth Option has given 26.71% return, outperforming this fund by 12.28% per annum.
Insights icon
Over the last 1 year, this fund has decreased expense ratio by 7.6% moving from 0.79 to 0.73.
Insights icon
This fund has one of the lowest expense ratio in the category (dynamic asset allocation). Its expense ratio is 0.73% which is lower than the category average expense ratio of 1.17%.

DSP Dynamic Asset Allocation Fund Direct Growth Highlights

Risk meter
pointer

Moderate Risk

Investors understand that their principal will be at Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 10.54% since inception which is more than its category average return of 10.02%
Fund Allocations

Fund Allocations

This fund has an allocation of 38.71% in Equity, 29.46% in Debt and 31.83% in Cash related instruments
AUM size ₹3217 Cr

AUM size ₹3217 Cr

This fund has AUM of ₹3217 Cr which is less than its category average of ₹ 9806 Cr
Expense Ratio 0.73%

Expense Ratio 0.73%

This fund has an expense ratio of 0.73% which is less than its category average expense ratio of 1.33%

Frequently Asked Questions for DSP Dynamic Asset Allocation Fund Direct Growth

The current NAV of DSP Dynamic Asset Allocation Fund Direct Growth is ₹30.82 as on 29-Apr-2025.
Existing (Absolute + CAGR) as on 29-Apr-2025.
DSP Dynamic Asset Allocation Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
1.82%
1.82%
6 Month Returns
2.95%
2.95%
1 Year Returns
13.28%
13.28%
3 Years Returns
43.52%
12.8%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.73% as on March 2025
₹3217 Cr as on March 2025
HDFC Bank Ltd(5.26%), 7.32% Govt Stock 2030(3.48%), State Bank of India(3.32%), Adani Enterprises Ltd(3.14%), ICICI Bank Ltd(2.49%) as on March 2025
Cash Equivalent(31.83%), Corporate(18.38%), Financial Services(13.15%) as on March 2025
AAA
86.47
AA
13.53
Rohit Singhania is the fund manager of DSP Dynamic Asset Allocation Fund Direct Growth
The Exit load of DSP Dynamic Asset Allocation Fund Direct Growth is 1%