Hybrid
Direct
Dynamic Asset Allocation
NAV as on 31-10-2024
₹ 10.82
Inception Returns
8.2%
/yr
Parag Parikh Dynamic Asset Allocation Fund Direct Growth is a hybrid fund. This fund was started on 20 February, 2024. The fund is managed by . This fund gives you the benefit of diversification.
Parag Parikh Dynamic Asset Allocation Fund Direct Growth has given a CAGR return of 8.21% since inception.
Parag Parikh Dynamic Asset Allocation Fund Direct Growth has allocated its funds majorly in Government, Cash Equivalent, Financial Services, Corporate, Energy, Consumer Cyclical, Utilities, Consumer Defensive, Basic Materials, Industrial, Communication, Real Estate, Health.
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 benefitGains up to Rs 1 lakh are exempt from taxation (more than 12 months).
The investment objective of the Scheme is to generate income/longterm capital appreciation by investing in equity, equity derivatives, fixed income instruments. The allocation between equity instruments and fixed income will be managed dynamically so as to provide investors with long term capital appreciation while managing downside risk. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns.
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. Parag Parikh Dynamic Asset Allocation Fund Direct Growth has no lock in period.
Expense ratio | 0.31% |
Benchmark | CRISIL Hybrid 50+50 - Moderate TR INR |
AUM | ₹1153 Cr |
Inception Date | 20 February, 2024 |
Min Lumpsum/SIP | ₹5000/₹1000 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 127.38% |
STCG | Redeeming before 1 year, returns taxed at 20%. |
LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
Risk | Moderate Risk |
as on (31-Oct-24)
as on (30-Sep-24)
Top 3 Sectors in September were Government, Financial Services & Corporate
Parag Parikh Dynamic Asset Allocation Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -0.46% | -0.46% |
6 Month Returns | 6.1% | 6.1% |
1 Year Returns | 0% | 0% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
AAA | 100 |