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 Laukik Bagwe, Atul Bhole. This fund gives you the benefit of diversification.

1. DSP Dynamic Asset Allocation Fund Direct Growth has ₹3237 Cr worth of assets under management (AUM) as on Aug 2024 and is less than category average.
2. The fund has an expense ratio 0.7.
   

DSP Dynamic Asset Allocation Fund Direct Growth has given a CAGR return of 10.82% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 21.85%, 11.06% and 12.64% respectively.

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

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 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

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 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.