Parag Parikh Dynamic Asset Allocation Fund Direct Growth

Parag Parikh Dynamic Asset Allocation Fund Direct Growth

Hybrid

Direct

Dynamic Asset Allocation

NAV as on 31-10-2024

₹ 10.82

Inception Returns

8.2%

/yr

About Parag Parikh Dynamic Asset Allocation Fund Direct Growth

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.

Key Parameters

  1. Parag Parikh Dynamic Asset Allocation Fund Direct Growth has ₹1153 Cr worth of assets under management (AUM) as on Sep 2024 and is less than category average.
  2. The fund has an expense ratio 0.3.

Returns

Parag Parikh Dynamic Asset Allocation Fund Direct Growth has given a CAGR return of 8.21% since inception.

Holdings

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.

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 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).

Investment objective of Parag Parikh Dynamic Asset Allocation Fund Direct Growth

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 and lockin period

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.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
1262 people have invested ₹ 7.9Cr in Parag Parikh Dynamic Asset Allocation Fund Direct Growth in the last three months

Parag Parikh Dynamic Asset Allocation Fund Direct Growth Overview

Expense ratio0.31%
Benchmark
CRISIL Hybrid 50+50 - Moderate TR INR
AUM₹1153 Cr
Inception Date20 February, 2024
Min Lumpsum/SIP₹5000/₹1000
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
127.38%
STCGRedeeming 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

Trailing Returns

as on (31-Oct-24)

Period
Parag Parikh Dynamic Asset Allocation Fund Direct Growth
Dynamic Asset Allocation Index
1M
-0.5%
-3.4%
3M
0.9%
-1.5%
6M
6.1%
6.2%

Fund Distribution

as on (30-Sep-24)

  • Equity 14.2%

  • Debt & Cash 85.8%

Sector Allocation

Sep'24

Aug'24

Jul'24

Financial Services
26.2%
Energy
20.6%
Consumer Cyclical
18.9%
Utilities
10.2%
Consumer Defensive
9.2%
Basic Materials
6.5%
Industrial
4.3%
Communication
3%
Real Estate
1%
Health
0.1%
All changes are between Oct'69 and Dec'69
Parameters
Sep'24
Aug'24
Jul'24
AUM
₹ 1K Cr
₹ 1K Cr
₹ 888.2 Cr
  • AUM of the fund stands at 1K Cr as of Sep'24
  • AUM has remained same between Sep'24 and Aug'24

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

Sep'24
Government
48%
Financial Services
26%
Corporate
21%
Aug'24
Government
47%
Financial Services
24%
Corporate
22%
Fund
Sep'24
Aug'24
Jul'24
No of Holdings
140
133
110
Top 5 Company Concentration
15.6%
16.5%
17.7%
Company having highest exposure
Tata Motors Ltd (3.6%)
Tata Motors Ltd (4.6%)
Tata Motors Ltd Class A (4.7%)
No of Sectors
12
12
10
Top 5 Sectors Concentration
134.5%
131.6%
131.1%
Sector having highest exposure
Government (48%)
Government (46.6%)
Government (45.4%)
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Fund House
PPFAS Asset Management Pvt. Ltd
Total Schemes
Total AUM
₹89.23K Cr
as on 30-Sep-2024
Address
PPFAS Asset Management Pvt. Ltd.,Great Western Building, 1st Floor,,130/132, S.B.S. Marg, Opp. Lion Gate,,Fort,
Phone
+912261406555
Website
swapnil@ppfas.com

Parag Parikh 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 returns of 8.21% since inception (20th February 2024)
Fund Allocations

Fund Allocations

This fund has an allocation of 14.22% in Equity, 47.87% in Debt and 37.9% in Cash related instruments
AUM size ₹1153 Cr

AUM size ₹1153 Cr

This fund has AUM of ₹1153 Cr which is less than its category average of ₹ 9105 Cr
Expense Ratio 0.31%

Expense Ratio 0.31%

This fund has an expense ratio of 0.31% which is less than its category average expense ratio of 1.34%

Frequently Asked Questions for Parag Parikh Dynamic Asset Allocation Fund Direct Growth

The current NAV of Parag Parikh Dynamic Asset Allocation Fund Direct Growth is ₹10.82 as on 31-Oct-2024.
Existing (Absolute + CAGR) as on 31-Oct-2024.
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%
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.
0.31% as on October 2024
₹1153 Cr as on October 2024
Parag Parikh Liquid Dir Gr(4.18%), Tata Motors Ltd(3.6%), Petronet LNG Ltd(3.07%), Coal India Ltd(3.02%), Power Grid Corp Of India Ltd(2.99%) as on October 2024
Government(41.18%), Cash Equivalent(26.79%), Corporate(17.81%) as on October 2024
AAA
100
The Exit load of Parag Parikh Dynamic Asset Allocation Fund Direct Growth is 1%