Fund Performance
Lumpsum
SIP
9.80
as on 22 Sep 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 13,236 today.
NAV Performance

Fund Information
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₹ 21.798
as on 22 Sep 2023 -
Regular - Growth
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12 / 22
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₹ 500
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₹ 3,593 Cr.
as on 31 Mar 2023 -
1.9%
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06 Feb 2014
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Nifty 50
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DSP Mutual Fund
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Highlights of this fund
DSP Dynamic Asset Allocation Fund is an Open-ended Hybrid Fund. The fund belongs to Dynamic Asset Allocation or Balanced Advantage category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 06 Feb 2014. This fund is offered by one of the top AMC (Assets Management Company) DSP Mutual Fund. You can also view here all other Hybrid funds offered by DSP Mutual Fund.
Latest NAV of the fund is ₹ 21.798 as on 22 Sep 2023.
This fund has 9 years of track record. Since 31 Mar 2023 expense ratio of this fund is 1.9%. Ideally you shoulds compare this fund with the benchmark Nifty 50.
You can invest in this fund in SIP with the minimum investment of ₹ 500. Lumpsum invest is offered with minimum investment of ₹ 500.
Fund Objective
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. Equity allocation will be decided based on a combination of valuation and momentum while fixed income and arbitrage will be resultant allocation. 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.
List of Fund Managers of DSP Dynamic Asset Allocation Fund
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About Laukik Bagwe
Laukik is Fund Manager with the Fixed Income Investment team of DSP Investment managers. He joined the firm in November 2007 as a Fixed Income Dealer. From November 2003 to October 2007, Laukik worked with Derivium Capital & Securities Pvt. Ltd. as the Head of Fixed Income Trading – SLR & NONSLR Broking. From June 2000 to October 2003, he worked with Birla Sunlife Securities Ltd. as a Manager – SLR & NONSLR Broking. He brings with him a total work experience of 11 years in debt broking and is currently the fund manager for the following schemes of DSP Mutual Fund.
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About Atul Bhole
Atul R Bhole joined DSP Mutual Fund from May 2016 as Vice President-Investments. Atul has over 10 Years of experience and previously worked with Tata Asset Management Ltd from Feb'07 till April'16 in the investment function. He worked as fund manager from April’11 onwards managing Tata Balanced Fund, Tata Midcap Growth Fund, Tata Equity P/E Fund along with few other funds. For the initial 4 years with Tata AMC, he worked as Equity Research Analyst covering IT, Telecom and BFSI sectors. Prior to that Atul has worked with JP Morgan Services (India) Pvt. Ltd. as Equity Research Analyst, tracking telecom companies in the Asia Pacific region, and with State Bank of India as an equity research analyst in the Treasury Department. Atul has done his Masters in Management Studies from Jamnalal Bajaj Institute of Management Studies and has cleared his Chartered Accountancy exams.
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About Dhaval Gada
Riskometer : Risk associated with this fund
Investors understand that their principal will be at High Risk
Fund Return Comparison
Fund Name | 1 Month | 3 Months | 6 Months | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Category Best | 3.02% | 13.98% | 26.43% | 25.12% | 18.36% | 29.70% | 15.26% | 16.10% | 37.05% | 22.96% | 23.24% | 20.62% | 15.54% |
Category Average | 1.25% | 4.40% | 11.21% | 11.48% | 7.50% | 12.74% | 9.44% | 12.14% | 16.09% | 11.34% | 10.80% | 11.30% | 10.56% |
DSP Dynamic Asset Allocation Fund | 0.87%₹ 10,087 | 3.61%₹ 10,360 | 11.41%₹ 11,141 | 7.71%₹ 10,770 | 13.74%₹ 12,874 | 4.54%₹ 10,929 | 8.86%₹ 26,249 | 9.80%₹ 13,236 | 7.86%₹ 40,542 | 8.54%₹ 15,073 | 8.75%₹ 74,817 | - | - |
HDFC Balanced Advantage Fund | 3.02%₹ 10,302 | 9.71%₹ 10,970 | 18.63%₹ 11,862 | 22.34%₹ 12,233 | 28.73%₹ 13,793 | 18.36%₹ 14,007 | 22.96%₹ 29,976 | 29.70%₹ 21,818 | 23.24%₹ 50,503 | 15.26%₹ 20,360 | 20.62%₹ 1,00,221 | 16.10%₹ 44,554 | 15.54%₹ 2,70,806 |
ICICI Prudential Balanced Advantage Fund | 1.73%₹ 10,172 | 4.55%₹ 10,455 | 10.50%₹ 11,050 | 11.12%₹ 11,112 | 14.75%₹ 12,938 | 9.31%₹ 11,948 | 11.71%₹ 26,989 | 15.42%₹ 15,377 | 11.94%₹ 43,044 | 11.24%₹ 17,046 | 12.75%₹ 82,630 | 12.58%₹ 32,755 | 11.28%₹ 2,15,628 |
Edelweiss Balanced Advantage Fund | 0.83%₹ 10,082 | 4.04%₹ 10,404 | 11.66%₹ 11,165 | 10.27%₹ 11,027 | 14.67%₹ 12,933 | 5.81%₹ 11,196 | 10.22%₹ 26,600 | 15.11%₹ 15,250 | 10.76%₹ 42,307 | 11.61%₹ 17,331 | 13.02%₹ 83,196 | 11.72%₹ 30,340 | 11.29%₹ 2,15,774 |
Kotak Balance Advantage Fund | 1.19%₹ 10,118 | 3.58%₹ 10,357 | 10.12%₹ 11,011 | 10.53%₹ 11,052 | 13.83%₹ 12,880 | 6.66%₹ 11,377 | 10.35%₹ 26,635 | 12.08%₹ 14,079 | 9.98%₹ 41,826 | 10.51%₹ 16,492 | 11.28%₹ 79,673 | - | - |
Union Balanced Advantage Fund | 1.04%₹ 10,103 | 3.44%₹ 10,344 | 8.82%₹ 10,882 | 8.82%₹ 10,882 | 11.67%₹ 12,745 | 5.15%₹ 11,056 | 8.39%₹ 26,129 | 11.61%₹ 13,902 | 8.08%₹ 40,676 | 10.21%₹ 16,269 | 10.50%₹ 78,141 | - | - |
Portfolio Holdings
Top Sector Holdings of DSP Dynamic Asset Allocation Fund
Name of Sector | Holding Percentage | Holding Values in Crore |
---|---|---|
Banks | 15.57% | ₹ 559.74 Cr. |
NBFC | 6.34% | ₹ 228.06 Cr. |
Computers - Software | 3.67% | ₹ 132.42 Cr. |
Passenger/Utility vehicles | 2.77% | ₹ 99.50 Cr. |
Housing Finance | 2.30% | ₹ 82.55 Cr. |
Others | 69.35% | - |
Top Stock Holdings of DSP Dynamic Asset Allocation Fund
Name of Stocks | Holding Percentage | Holding Values in Crore |
---|---|---|
Bajaj Finance Ltd. | 4.12% | ₹ 148.09 Cr. |
ICICI Bank Ltd. | 3.79% | ₹ 136.09 Cr. |
HDFC Bank Ltd. | 3.25% | ₹ 116.70 Cr. |
State Bank Of India | 2.42% | ₹ 87.13 Cr. |
Kotak Mahindra Bank Ltd. | 2.27% | ₹ 81.72 Cr. |
Others | 84.15% | - |
Top Debt Instrument Type holdings of DSP Dynamic Asset Allocation Fund
Instrument Type | Holding Percentage | Holding Values in Crore |
---|---|---|
NCD & Bonds | 19.37% | ₹ 696.46 Cr. |
GOI | 10.73% | ₹ 385.40 Cr. |
T-Bills | 1.33% | ₹ 47.66 Cr. |
CP | 0.69% | ₹ 24.78 Cr. |
CD | 0.65% | ₹ 23.45 Cr. |
Others | 67.23% | - |
Top Debt Holdings of DSP Dynamic Asset Allocation Fund
Name of Debt Instrument | Holding Percentage | Holding Values in Crore |
---|---|---|
Bond - Govt of India | 10.73% | ₹ 385.40 Cr. |
Bond - National Bank for Agriculture & Rural Development | 4.14% | ₹ 148.54 Cr. |
Bond - Small Industries Development Bank Of India | 3.26% | ₹ 116.84 Cr. |
Bond - Kotak Mahindra Prime Ltd. | 2.15% | ₹ 77.31 Cr. |
Bond - LIC Housing Finance Ltd. | 2.12% | ₹ 76.38 Cr. |
Others | 77.60% |
Other Holdings
Holding Type | Holding Percentage |
---|---|
Net Receivables | 0.67% |
Margin | 0.36% |
TREPS | 0.00% |