Loading...
DSP Dynamic Asset Allocation Fund Direct Growth
HybridDynamic Asset AllocationVery High Risk
Direct
NAV (11-Sep-26)
₹33.11-0.19%1D
Returns (Since Inception)
9.97%
Rated ★4.3+ on 
Fund Overview
Fund Size
₹3,780 Cr
Expense Ratio
1.13%
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, 7 months and 7 days, having been launched on 06-Feb-14.
As of 11-Sep-26, it has a Net Asset Value (NAV) of ₹33.11, Assets Under Management (AUM) of 3780.28 Crores, and an expense ratio of 1.13%.
As of 11-Sep-26, it has a Net Asset Value (NAV) of ₹33.11, Assets Under Management (AUM) of 3780.28 Crores, and an expense ratio of 1.13%.
- DSP Dynamic Asset Allocation Fund Direct Growth has given a CAGR return of 9.97% since inception.
- The fund's asset allocation comprises around 50.55% in equities, 26.60% in debts, and 22.85% 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
+4.19%
+1.62% (Cat Avg.)
3 Years
+10.25%
+8.48% (Cat Avg.)
5 Years
+8.72%
+8.47% (Cat Avg.)
10 Years
+9.41%
+9.25% (Cat Avg.)
Since Inception
+9.97%
— (Cat Avg.)
Portfolio Summaryas of 31st July 2026
| Equity | ₹1,911 Cr | 50.55% |
| Debt | ₹1,005.65 Cr | 26.60% |
| Others | ₹863.63 Cr | 22.85% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Cash Offset For Derivatives | Cash - General Offset | ₹747.66 Cr | 19.78% |
| ICICI Bank Ltd | Equity | ₹229.92 Cr | 6.08% |
| HDFC Bank Ltd | Equity | ₹213.77 Cr | 5.65% |
| Axis Bank Ltd | Equity | ₹136.52 Cr | 3.61% |
| State Bank of India | Equity | ₹115.89 Cr | 3.07% |
| 7.32% Govt Stock 2030 | Bond - Gov't/Treasury | ₹110.18 Cr | 2.91% |
| Treps / Reverse Repo Investments | Cash - Repurchase Agreement | ₹106.99 Cr | 2.83% |
| 6.94% Govt Stock 2036 | Bond - Gov't/Treasury | ₹102.31 Cr | 2.71% |
| Future on Bharti Airtel Ltd | Equity - Future | ₹-91.54 Cr | 2.42% |
| Bharti Airtel Ltd | Equity | ₹91.33 Cr | 2.42% |
| Future on HDFC Bank Ltd | Equity - Future | ₹-87.59 Cr | 2.32% |
| Hdfc Bank Ltd | Equity | ₹87.14 Cr | 2.31% |
| Kotak Mahindra Bank Ltd | Equity | ₹81.25 Cr | 2.15% |
| Bajaj Finserv Ltd | Equity | ₹76.43 Cr | 2.02% |
| Future on Titan Co Ltd | Equity - Future | ₹-72.98 Cr | 1.93% |
| Titan Co Ltd | Equity | ₹72.86 Cr | 1.93% |
| Icici Bank Ltd | Equity | ₹68.02 Cr | 1.80% |
| Bandhan Bank Ltd | Equity | ₹67.83 Cr | 1.79% |
| Future on ICICI Bank Ltd | Equity - Future | ₹-67.79 Cr | 1.79% |
| Future on Bandhan Bank Ltd | Equity - Future | ₹-67.6 Cr | 1.79% |
| Bharti Airtel Ltd | Equity | ₹63.57 Cr | 1.68% |
| 7.06% Govt Stock 2028 | Bond - Gov't/Treasury | ₹62.29 Cr | 1.65% |
| Cipla Ltd | Equity | ₹56.73 Cr | 1.50% |
| Mahindra & Mahindra Ltd | Equity | ₹55.41 Cr | 1.47% |
| Future on State Bank of India | Equity - Future | ₹-53.75 Cr | 1.42% |
| State Bank Of India | Equity | ₹53.48 Cr | 1.41% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹53.31 Cr | 1.41% |
| SBI Life Insurance Co Ltd | Equity | ₹52.83 Cr | 1.40% |
| 7.17% Govt Stock 2030 | Bond - Gov't/Treasury | ₹52.3 Cr | 1.38% |
| Future on Hindustan Aeronautics Ltd Ordinary Shares | Equity - Future | ₹-52.09 Cr | 1.38% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹51.99 Cr | 1.38% |
| 7.71% Govt Stock 2066 | Bond - Gov't/Treasury | ₹51.72 Cr | 1.37% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹51.64 Cr | 1.37% |
| Bajaj Finance Limited | Bond - Corporate Bond | ₹51.27 Cr | 1.36% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹50.05 Cr | 1.32% |
| LG Electronics India Ltd | Equity | ₹47.26 Cr | 1.25% |
| Future on Hindalco Industries Ltd | Equity - Future | ₹-46.21 Cr | 1.22% |
| Hindalco Industries Ltd | Equity | ₹45.97 Cr | 1.22% |
| Future on Bank of Baroda | Equity - Future | ₹-44.73 Cr | 1.18% |
| Bank of Baroda | Equity | ₹44.49 Cr | 1.18% |
| Hindustan Unilever Ltd | Equity | ₹44.17 Cr | 1.17% |
| HDFC Life Insurance Co Ltd | Equity | ₹43.71 Cr | 1.16% |
| Bharat Petroleum Corp Ltd | Equity | ₹42.84 Cr | 1.13% |
| Future on Punjab National Bank | Equity - Future | ₹-40.95 Cr | 1.08% |
| Punjab National Bank | Equity | ₹40.76 Cr | 1.08% |
| Eternal Ltd | Equity | ₹40.34 Cr | 1.07% |
| Torrent Pharmaceuticals Ltd | Bond - Corporate Bond | ₹39.34 Cr | 1.04% |
| Axis Bank Ltd. | Bond - Corporate Bond | ₹-38.37 Cr | 1.01% |
| Hindustan Aeronautics Ltd | Equity | ₹38.32 Cr | 1.01% |
| Axis Bank Ltd | Equity | ₹38.19 Cr | 1.01% |
| Mankind Pharma Ltd | Equity | ₹37.93 Cr | 1.00% |
| Max Financial Services Ltd | Equity | ₹37.87 Cr | 1.00% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹37.08 Cr | 0.98% |
| NTPC Ltd | Equity | ₹36.94 Cr | 0.98% |
| PNB Housing Finance Ltd | Equity | ₹35.2 Cr | 0.93% |
| Future on Kotak Mahindra Bank Ltd | Equity - Future | ₹-34.82 Cr | 0.92% |
| Kotak Mahindra Bank Ltd | Equity | ₹34.74 Cr | 0.92% |
| Info Edge (India) Ltd | Equity | ₹34.51 Cr | 0.91% |
| Century Plyboards (India) Ltd | Equity | ₹33.32 Cr | 0.88% |
| Future on Tata Steel Ltd | Equity - Future | ₹-31.03 Cr | 0.82% |
| Tata Steel Ltd | Equity | ₹30.88 Cr | 0.82% |
| ITC Ltd | Equity | ₹29.12 Cr | 0.77% |
| Coforge Ltd | Equity | ₹27.98 Cr | 0.74% |
| INDIA UNIVERSAL TRUST AL1 | Bond - Asset Backed | ₹27.79 Cr | 0.74% |
| Tata Capital Ltd | Equity | ₹27.05 Cr | 0.72% |
| Cholamandalam Investment And Finance Company Limited | Bond - Corporate Bond | ₹26.92 Cr | 0.71% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹26.56 Cr | 0.70% |
| Bharat Electronics Ltd | Equity | ₹26.46 Cr | 0.70% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹26.09 Cr | 0.69% |
| Muthoot Finance Limited | Bond - Corporate Bond | ₹26.01 Cr | 0.69% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹25.95 Cr | 0.69% |
| Bajaj Finance Limited | Bond - Corporate Bond | ₹25.85 Cr | 0.68% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹25.76 Cr | 0.68% |
| Net Receivables/Payables | Cash | ₹-25.52 Cr | 0.68% |
| Muthoot Finance Limited | Bond - Corporate Bond | ₹25.45 Cr | 0.67% |
| Emami Ltd | Equity | ₹25.19 Cr | 0.67% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹25.11 Cr | 0.66% |
| National Bank For Financing Infrastructure And Development | Bond - Corporate Bond | ₹25.09 Cr | 0.66% |
| Muthoot Finance Limited | Bond - Corporate Bond | ₹25.08 Cr | 0.66% |
| National Bank For Financing Infrastructure And Development | Bond - Corporate Bond | ₹24.81 Cr | 0.66% |
| Life Insurance Corporation of India | Equity | ₹24.66 Cr | 0.65% |
| Cash Margin | Cash | ₹24.5 Cr | 0.65% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹24.38 Cr | 0.64% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹23.99 Cr | 0.63% |
| Syngene International Ltd | Equity | ₹21.15 Cr | 0.56% |
| Mrs Bectors Food Specialities Ltd Ordinary Shares | Equity | ₹20.98 Cr | 0.55% |
| Samvardhana Motherson International Ltd | Equity | ₹19.79 Cr | 0.52% |
| Infosys Ltd | Equity | ₹18.66 Cr | 0.49% |
| Future on Tata Power Co Ltd | Equity - Future | ₹-18.21 Cr | 0.48% |
| Tata Power Co Ltd | Equity | ₹18.16 Cr | 0.48% |
| Tata Motors Ltd | Equity | ₹17.96 Cr | 0.48% |
| Maruti Suzuki India Ltd | Equity | ₹17.48 Cr | 0.46% |
| Hyundai Motor India Ltd | Equity | ₹15.39 Cr | 0.41% |
| La Opala RG Ltd | Equity | ₹9.29 Cr | 0.25% |
| Canara HSBC Life Insurance Co Ltd | Equity | ₹8.27 Cr | 0.22% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹7.65 Cr | 0.20% |
| PB Fintech Ltd | Equity | ₹6.11 Cr | 0.16% |
| Alkem Laboratories Ltd | Equity | ₹4.17 Cr | 0.11% |
Allocation By Market Cap (Equity)
Large Cap Stocks
31.16%
Mid Cap Stocks
5.18%
Small Cap Stocks
4.06%
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹1,242.55 Cr | 32.87% |
| Consumer Cyclical | ₹248.53 Cr | 6.57% |
| Communication Services | ₹125.84 Cr | 3.33% |
| Healthcare | ₹119.98 Cr | 3.17% |
| Consumer Defensive | ₹119.46 Cr | 3.16% |
| Basic Materials | ₹110.18 Cr | 2.91% |
| Technology | ₹93.9 Cr | 2.48% |
| Industrials | ₹78.46 Cr | 2.08% |
| Utilities | ₹55.1 Cr | 1.46% |
| Energy | ₹42.84 Cr | 1.13% |
Risk & Performance Ratios
Standard Deviation
This fund
6.49%
Cat. avg.
9.38%
Lower the better
Sharpe Ratio
This fund
0.75
Cat. avg.
0.42
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
0.62
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 July 2026
ISIN INF740K01K81 | Expense Ratio 1.13% | Exit Load 1.00% | Fund Size ₹3,780 Cr | Age 12 years 7 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
₹2,42,987 Cr
Address
West Wing, 11th Floor, Mumbai, 400021
Other Funds by DSP Mutual Fund
Risk Level
Your principal amount will be at Very 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 11-Sep-2026, is ₹33.11.
What are the returns of DSP Dynamic Asset Allocation Fund Direct Growth?
The fund has generated 4.19% over the last 1 year and 10.25% 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 50.55% in equities, 26.60% in bonds, and 22.85% 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
Track & Analyse all your investments in one place
Compare your portfolio's performance with benchmarks
Identify potential risks in your portfolio and learn to fix them
Track all your family's investments in one place
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.
Trending Mutual Funds Searches
Popular Equity Funds
Popular Debt Funds
©2021-2026 Dezerv. All Rights Reserved
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.
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.
