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, Dhaval Gada, Kaivalya Nadkarni, Shantanu Godambe. This fund gives you the benefit of diversification.

1. DSP Dynamic Asset Allocation Fund Direct Growth has ₹3489 Cr worth of assets under management (AUM) as on Sep 2025 and is more 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 10.49% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 5.89%, 12.11% and 12.08% respectively.

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

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).

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.