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DSP Dynamic Asset Allocation Fund

DSP Dynamic Asset Allocation Fund

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Benchmark: CRISIL Hybrid 50+50 - Moderate I info icon

1.08 lakh people have invested in this fund

View performance details

Return:

This fund

18.00%

CRISIL Hybrid 50+50 - Moderate I

14.30%

NIFTY 50 TRI

14.15%

Invested

Earning

This fund

18.00%

CRISIL Hybrid 50+50 - Moderate I

14.30%

NIFTY 50 TRI

14.15%

team 1.08 lakh people have invested in this fund as of

This is a Hybrid, Dynamic Asset Allocation fund with CRISIL Hybrid 50+50 - Moderate Index as its benchmark. The risk level for this fund is categorized as High Risk.

Total AUM

4,483.72 crores as of Sep 30, 2022

Age of Fund

8 years 7 months since Feb 06, 2014

Expense Ratio

0.69% as of Oct 04, 2022

Exit Load

NIL - If the units

Ideal holding period

5 Years+

Holdings

  as of Sep 30, 2022

HDFC Bank Limited

5.32%

Bajaj Finance Limited

3.98%

Avenue Supermarts Limited

3.09%

Maruti Suzuki India Limited

2.96%

ICICI Bank Limited

2.45%

SBI Cards and Payment Services Limited

2.21%

Infosys Limited

2.18%

Large Cap

67.20%

Mid Cap

28.00%

Small Cap

4.80%

Banks

17.80%

Finance

14.50%

It - Software

10.30%

Automobiles

8.70%

Consumer Durables

6.90%

Rolling Returns

Bars show distribution of returns in given range for selected time period.

View performance details

Things to know before you invest

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  1. This smart rules-based fund (also called Balanced Advantage Fund by some) invests in a mix of equity & debt instruments.
  2. It responds to changing market conditions & adjusts the equity-debt balance dynamically.
  3. As the market starts rising & stock valuations turn frothy, it reduces equity exposure & when markets fall, it looks to increase equity exposure to follow the basic investment principle of 'buy low, sell high'.
  1. It helps you invest unemotionally by 'doing what it needs to', instead of you having to react to changing markets.
  2. It offers you 'built-in-advice' & actions it on your behalf.
  3. Offers the potential to grow your wealth by investing in equities but with a smoother long-term investment journey.
  4. It tries to reduce the impact of market fluctuations in the portfolio.
  5. Potential capital preservation during falling markets through debt allocation.
  1. Consider this fund if you
    • Want to invest in the equity markets but don't know how to begin.
    • Believe that rules make life better & understand that an unemotional asset allocation strategy has more chances of success than market timing.
    • Get confused by the noise when markets fluctuate.
    • Have the patience & mental resilience to remain invested despite ups & downs.
    • Recognize market falls as good times to invest even more.
    • Recognize equity investing means exposure to risk.
    • Are not looking to chase the highest returns.
  1. Dynamic Asset Allocation Fund carries Very High Risk.
  2. Dynamic asset allocation will not remove the risks arising from market falls altogether, it aims to reduce the impact & smoothen your journey.
  3. This fund will not help you time the markets.
  4. This fund may under-perform the equity market during sudden bull-runs.

Fund managers:

Atul Bhole

Atul Bhole

Managing this fund since February 2018.
Managing this fund since February 2018.

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Dhaval Gada

Dhaval Gada

Managing this fund since September 2022.
Managing this fund since September 2022.

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Laukik Bagwe

Laukik Bagwe

Managing this fund since July 2021.
Managing this fund since July 2021.

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Portfolio

Prescribed asset allocation: 65% - 100% Equity & Equity related instruments including derivatives , 0% - 35% Debt and money market instruments

Current Allocation as of Sep 30, 2022

Top holdings

HDFC Bank Limited

5.32%

Bajaj Finance Limited

3.98%

Avenue Supermarts Limited

3.09%

Maruti Suzuki India Limited

2.96%

ICICI Bank Limited

2.45%

Allocation by Market Cap

Large Cap

67.20%

Mid Cap

28.00%

Small Cap

4.80%

Top Sectors

Banks

9.00%

Finance

7.33%

It - Software

5.19%

Automobiles

4.41%

Consumer Durables

3.50%

Arbitrage (cash Long)

15.43%

Top holdings

TREPS / Reverse Repo Investments / Corporate Debt Repo

5.00%

5.74% GOI 2026

3.78%

7.38% GOI 2027

3.42%

5.63% GOI 2026

2.18%

5.22% GOI 2025

2.16%

Cash & cash equivalents

0.10%

Credit rating profile

SOV

47.80%

CRISIL AAA

26.00%

Cash & Equivalent

14.70%

ICRA AAA

5.40%

CRISIL A1+

4.70%

Instrument break-up

Government Securities (Central/State)

38.90%

Bonds & NCDs

32.90%

TREPS

14.70%

Money market instruments

13.40%


Indicators

Yield to Maturity

6.58 %

Modified Duration

1.54 Years

Portfolio Macaulay Duration

1.61 Years

Average Maturity

1.76 Years

Portfolio turnover ratio

4.66 last 12 months

Portfolio turnover ratio - Directional Equity

0.30 last 12 months

Standard Deviation

11.53 %

Sharpe Ratio

0.37

Beta

0.97

R-Squared

88.94 %

Compare Performance

Performance highlights over last

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investment

Cumulative returns on

Annual returns

Current value

Min CAGR:
MedianCAGR:
Max CAGR:

Good Returns

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Negative Returns

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vs Benchmark

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  • Historical Returns (As per SEBI format)with investment of10,000

This fund CRISIL Hybrid 50+50 - Moderate ^ NIFTY 50 TRI #
CAGR Current Value CAGR Current Value CAGR Current Value

Income distribution Cum Capital Withdrawal (IDCW) Distributed

Record Date IDCW per unit NAV Before NAV After

Chart type

Invested as

Invested Amount

Invested since

This fund

Vs

CRISIL Hybrid 50+50 -

NIFTY 50 TRI

Gold

PPF

Funds Annual returns Current Value Absolute Growth

Chart type:

Invested as

Invested Amount

Invested period

Funds Minimum Median Maximum % times -ve returns % times returns > 7%

Date of allotment: Feb 06, 2014.

Period for which fund's performance has been provided is computed based on last day of the month-end preceding the date of advertisement

Different plans shall have a different expense structure. The performance details provided herein are of Direct Plan.

Since inception returns have been calculated from the date of allotment till June 30, 2021

Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments

Rolling returns have been calculated based on returns from regular plan growth option.

^ Fund Benchmark # Standard Benchmark

Fund Details

Fund Details

Investment Objective

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 t ...more

Fund Type

Hybrid
Dynamic Asset Allocation

An open ended dynamic asset allocation fund

Riskometer

Level of Risk in the fund

View details
Investors understand that their
principal will be at High Risk

Minimum Investment

Rs.  500 Lumpsum
Rs.  500 SIP– 12 instalments
Rs.  500 Minimum Additional Purchase

DSP Mutual Fund and its schemes are not registered in any jurisdiction, except the Schemes viz. DSP Equity Opportunities Fund and DSP Dynamic Asset Allocation Fund, which are registered with the Securities and Commodities Authority (?the SCA?) in the United Arab Emirates (UAE). The distribution of the Schemes in UAE would be undertaken by Barjeel Geojit Securities LLC, which is a licensed local distributor registered with SCA. The distribution of this material in certain jurisdictions may be restricted or subject to registration requirements and, accordingly, persons who come into possession of this material in such jurisdictions are required to inform themselves about, and to observe, any such restrictions.
The construct of DSP Dynamic Asset Allocation Fund (?scheme?) is to dynamically manage the asset allocation of the Scheme based on a model.

team 1.08 lakh peoplehave invested in this fund as of