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DSP Dynamic Asset Allocation Fund Direct Growth
HybridDynamic Asset AllocationModerately High risk
Direct
NAV (12-Jun-26)
₹32.690.89%1D
Returns (Since Inception)
10.07%
Rated ★4.3+ on 
Fund Overview
Fund Size
₹3,665 Cr
Expense Ratio
0.55%
ISIN
INF740K01K81
Minimum SIP
₹100
Exit Load
1.00%
Inception Date
06 Feb 2014
About this fund
DSP Dynamic Asset Allocation Fund Direct Growth is a Dynamic Asset Allocation mutual fund schemes offered by DSP Mutual Fund. This fund has been in existence for 12 years, 4 months and 9 days, having been launched on 06-Feb-14.
As of 12-Jun-26, it has a Net Asset Value (NAV) of ₹32.69, Assets Under Management (AUM) of 3664.90 Crores, and an expense ratio of 0.55%.
As of 12-Jun-26, it has a Net Asset Value (NAV) of ₹32.69, Assets Under Management (AUM) of 3664.90 Crores, and an expense ratio of 0.55%.
- DSP Dynamic Asset Allocation Fund Direct Growth has given a CAGR return of 10.07% since inception.
- The fund's asset allocation comprises around 45.17% in equities, 25.59% in debts, and 29.25% in cash & cash equivalents.
- You can start investing in DSP Dynamic Asset Allocation Fund Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹100.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+4.23%
+0.11% (Cat Avg.)
3 Years
+11.87%
+10.21% (Cat Avg.)
5 Years
+9.37%
+8.93% (Cat Avg.)
10 Years
+10.21%
+9.84% (Cat Avg.)
Since Inception
+10.07%
— (Cat Avg.)
Portfolio Summaryas of 31st May 2026
| Equity | ₹1,655.27 Cr | 45.17% |
| Debt | ₹937.73 Cr | 25.59% |
| Others | ₹1,071.9 Cr | 29.25% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Cash Offset For Derivatives | Cash - General Offset | ₹824.32 Cr | 22.49% |
| ICICI Bank Ltd | Equity | ₹215.65 Cr | 5.88% |
| HDFC Bank Ltd | Equity | ₹184.55 Cr | 5.04% |
| Axis Bank Ltd | Equity | ₹131.22 Cr | 3.58% |
| Treps / Reverse Repo Investments | Cash - Repurchase Agreement | ₹123.49 Cr | 3.37% |
| 7.32% Govt Stock 2030 | Bond - Gov't/Treasury | ₹107.9 Cr | 2.94% |
| Icici Bank Limited Jun26 | Equity - Future | ₹-92.9 Cr | 2.53% |
| Icici Bank Limited | Equity | ₹91.91 Cr | 2.51% |
| Hdfc Bank Limited | Equity | ₹86.65 Cr | 2.36% |
| Hdfc Bank Limited Jun26 | Equity - Future | ₹-86.24 Cr | 2.35% |
| Bandhan Bank Limited Jun26 | Equity - Future | ₹-82.15 Cr | 2.24% |
| Bandhan Bank Ltd | Equity | ₹81.14 Cr | 2.21% |
| Tata Power Company Limited Jun26 | Equity - Future | ₹-77.82 Cr | 2.12% |
| Tata Power Co Ltd | Equity | ₹77.54 Cr | 2.12% |
| State Bank of India | Equity | ₹70.53 Cr | 1.92% |
| Bharti Airtel Limited Jun26 | Equity - Future | ₹-70.29 Cr | 1.92% |
| Bharti Airtel Ltd | Equity | ₹69.68 Cr | 1.90% |
| Kotak Mahindra Bank Ltd | Equity | ₹67.88 Cr | 1.85% |
| 7.06% Govt Stock 2028 | Bond - Gov't/Treasury | ₹61.39 Cr | 1.68% |
| Mahindra & Mahindra Ltd | Equity | ₹58.96 Cr | 1.61% |
| Bharti Airtel Limited | Equity | ₹58.96 Cr | 1.61% |
| Hindalco Industries Limited Jun26 | Equity - Future | ₹-53.79 Cr | 1.47% |
| Hindalco Industries Ltd | Equity | ₹53.16 Cr | 1.45% |
| Cipla Ltd | Equity | ₹52.33 Cr | 1.43% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹52.31 Cr | 1.43% |
| Titan Company Limited Jun26 | Equity - Future | ₹-51.71 Cr | 1.41% |
| SBI Life Insurance Co Ltd | Equity | ₹51.38 Cr | 1.40% |
| Titan Co Ltd | Equity | ₹51.27 Cr | 1.40% |
| 7.17% Govt Stock 2030 | Bond - Gov't/Treasury | ₹51.24 Cr | 1.40% |
| State Bank Of India Jun26 | Equity - Future | ₹-50.66 Cr | 1.38% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹50.63 Cr | 1.38% |
| Bajaj Finance Limited | Bond - Corporate Bond | ₹50.35 Cr | 1.37% |
| State Bank Of India | Equity | ₹50.2 Cr | 1.37% |
| Bank Of Baroda Jun26 | Equity - Future | ₹-49.7 Cr | 1.36% |
| Bank of Baroda | Equity | ₹49.24 Cr | 1.34% |
| HDFC Securities Limited | Cash - Commercial Paper | ₹49.16 Cr | 1.34% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹48.89 Cr | 1.33% |
| 7.24% Govt Stock 2055 | Bond - Gov't/Treasury | ₹48.72 Cr | 1.33% |
| 6.48% Govt Stock 2035 | Bond - Gov't/Treasury | ₹48.71 Cr | 1.33% |
| Hindustan Aeronautics Limited Jun26 | Equity - Future | ₹-48.67 Cr | 1.33% |
| LG Electronics India Ltd | Equity | ₹48.32 Cr | 1.32% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹48.16 Cr | 1.31% |
| HDFC Life Insurance Co Ltd | Equity | ₹47.4 Cr | 1.29% |
| Mankind Pharma Ltd | Equity | ₹46.91 Cr | 1.28% |
| NTPC Ltd | Equity | ₹41.16 Cr | 1.12% |
| Axis Bank Limited Jun26 | Equity - Future | ₹-40.39 Cr | 1.10% |
| Axis Bank Limited | Equity | ₹39.97 Cr | 1.09% |
| Bajaj Finserv Ltd | Equity | ₹38.61 Cr | 1.05% |
| Torrent Pharmaceuticals Ltd | Bond - Corporate Bond | ₹38.45 Cr | 1.05% |
| Larsen & Toubro Limited Jun26 | Equity - Future | ₹-36.7 Cr | 1.00% |
| Larsen & Toubro Ltd | Equity | ₹36.38 Cr | 0.99% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹36.33 Cr | 0.99% |
| Hindustan Unilever Ltd | Equity | ₹36.12 Cr | 0.99% |
| PNB Housing Finance Ltd | Equity | ₹34.44 Cr | 0.94% |
| Coforge Ltd | Equity | ₹34.27 Cr | 0.94% |
| Tata Steel Ltd | Equity | ₹33.87 Cr | 0.92% |
| Tata Steel Limited Jun26 | Equity - Future | ₹-33.61 Cr | 0.92% |
| Eternal Ltd | Equity | ₹33.42 Cr | 0.91% |
| Century Plyboards (India) Ltd | Equity | ₹32.23 Cr | 0.88% |
| Bharat Petroleum Corp Ltd | Equity | ₹31.49 Cr | 0.86% |
| Tata Capital Ltd | Equity | ₹29.93 Cr | 0.82% |
| ITC Ltd | Equity | ₹29.73 Cr | 0.81% |
| Max Financial Services Ltd | Equity | ₹29.73 Cr | 0.81% |
| Samvardhana Motherson International Ltd | Equity | ₹28.29 Cr | 0.77% |
| INDIA UNIVERSAL TRUST AL1 | Bond - Asset Backed | ₹28.27 Cr | 0.77% |
| Info Edge (India) Ltd | Equity | ₹28 Cr | 0.76% |
| Muthoot Finance Limited | Bond - Corporate Bond | ₹26.78 Cr | 0.73% |
| Muthoot Finance Limited | Bond - Corporate Bond | ₹26.74 Cr | 0.73% |
| Cholamandalam Investment And Finance Company Limited | Bond - Corporate Bond | ₹26.48 Cr | 0.72% |
| Kotak Mahindra Bank Limited Jun26 | Equity - Future | ₹-26.25 Cr | 0.72% |
| National Bank For Financing Infrastructure And Development | Bond - Corporate Bond | ₹26.17 Cr | 0.71% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹26.14 Cr | 0.71% |
| Kotak Mahindra Bank Limited | Equity | ₹25.97 Cr | 0.71% |
| Muthoot Finance Limited | Bond - Corporate Bond | ₹25.61 Cr | 0.70% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹25.58 Cr | 0.70% |
| Bajaj Finance Limited | Bond - Corporate Bond | ₹25.51 Cr | 0.70% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹25.44 Cr | 0.69% |
| Emami Ltd | Equity | ₹25.25 Cr | 0.69% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹25.25 Cr | 0.69% |
| Muthoot Finance Limited | Bond - Corporate Bond | ₹25.05 Cr | 0.68% |
| National Housing Bank | Bond - Corporate Bond | ₹24.97 Cr | 0.68% |
| Cash Margin | Cash | ₹24.5 Cr | 0.67% |
| Syngene International Ltd | Equity | ₹24.22 Cr | 0.66% |
| National Bank For Financing Infrastructure And Development | Bond - Corporate Bond | ₹24.06 Cr | 0.66% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹23.99 Cr | 0.65% |
| Life Insurance Corporation of India | Equity | ₹23.89 Cr | 0.65% |
| Net Receivables/Payables | Cash | ₹-23.87 Cr | 0.65% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹23.57 Cr | 0.64% |
| Punjab National Bank Jun26 | Equity - Future | ₹-23.45 Cr | 0.64% |
| Punjab National Bank | Equity | ₹23.25 Cr | 0.63% |
| Infosys Ltd | Equity | ₹19.17 Cr | 0.52% |
| Mrs Bectors Food Specialities Ltd Ordinary Shares | Equity | ₹17.44 Cr | 0.48% |
| Tata Consultancy Services Ltd | Equity | ₹16.84 Cr | 0.46% |
| Tata Motors Ltd | Equity | ₹15.61 Cr | 0.43% |
| Hyundai Motor India Ltd | Equity | ₹13.58 Cr | 0.37% |
| Radico Khaitan Ltd | Equity | ₹12.86 Cr | 0.35% |
| La Opala RG Ltd | Equity | ₹9.04 Cr | 0.25% |
| Canara HSBC Life Insurance Co Ltd | Equity | ₹7.79 Cr | 0.21% |
| Shriram Finance Ltd | Equity | ₹7.77 Cr | 0.21% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹7.51 Cr | 0.20% |
| Niva Bupa Health Insurance Co Ltd | Equity | ₹6.27 Cr | 0.17% |
Allocation By Market Cap (Equity)
Large Cap Stocks
47.38%
Mid Cap Stocks
4.14%
Small Cap Stocks
6.49%
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹1,100.66 Cr | 30.03% |
| Consumer Cyclical | ₹210.17 Cr | 5.73% |
| Healthcare | ₹123.45 Cr | 3.37% |
| Consumer Defensive | ₹121.4 Cr | 3.31% |
| Basic Materials | ₹119.26 Cr | 3.25% |
| Utilities | ₹118.7 Cr | 3.24% |
| Technology | ₹118.6 Cr | 3.24% |
| Communication Services | ₹97.68 Cr | 2.67% |
| Industrials | ₹84.54 Cr | 2.31% |
| Energy | ₹31.49 Cr | 0.86% |
Risk & Performance Ratios
Standard Deviation
This fund
6.51%
Cat. avg.
9.55%
Lower the better
Sharpe Ratio
This fund
0.78
Cat. avg.
0.44
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
0.66
Higher the better
Fund Managers
Rohit Singhania
Since November 2023
PS
Preethi S
Since October 2025
SG
Shantanu Godambe
Since January 2025
KN
Kaivalya Nadkarni
Since October 2024
Additional Scheme Detailsas of 31st May 2026
ISIN INF740K01K81 | Expense Ratio 0.55% | Exit Load 1.00% | Fund Size ₹3,665 Cr | Age 12 years 4 months | Lumpsum Minimum ₹100 | Fund Status Open Ended Investment Company | Benchmark CRISIL Hybrid 50+50 - Moderate TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Dynamic Asset Allocation Funds
About the AMC
DSP Mutual Fund
Total AUM
₹2,31,495 Cr
Address
West Wing, 11th Floor, Mumbai, 400021
Other Funds by DSP Mutual Fund
Risk Level
Your principal amount will be at Moderately High risk
Take control of your wealth
Related Articles
Still got questions?
We're here to help.
What is the current NAV of DSP Dynamic Asset Allocation Fund Direct Growth?
The NAV of DSP Dynamic Asset Allocation Fund Direct Growth, as of 12-Jun-2026, is ₹32.69.
What are the returns of DSP Dynamic Asset Allocation Fund Direct Growth?
The fund has generated 4.23% over the last 1 year and 11.87% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of DSP Dynamic Asset Allocation Fund Direct Growth?
The fund's allocation of assets is distributed as 45.17% in equities, 25.59% in bonds, and 29.25% in cash and cash equivalents.
Who manages the DSP Dynamic Asset Allocation Fund Direct Growth?
The fund managers responsible for DSP Dynamic Asset Allocation Fund Direct Growth are:-
- Rohit Singhania
- Preethi S
- Shantanu Godambe
- Kaivalya Nadkarni
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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Pvt. Ltd. is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
