DSP Multi Asset Allocation Fund Direct Growth
HybridMulti Asset AllocationVery High Risk
Direct
NAV (05-Sep-24)
₹12.770.28%1D
Returns (Since Inception)
27.68%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹1,925 Cr
Expense Ratio
0.29%
ISIN
INF740KA1TE9
Minimum SIP
₹100
Exit Load
1.00%
Inception Date
29 Sep 2023
About this fund
DSP Multi Asset Allocation Fund Direct Growth is a Multi Asset Allocation mutual fund schemes offered by DSP Mutual Fund. This fund has been in existence for 11 months and 9 days, having been launched on 29-Sep-23.
As of 05-Sep-24, it has a Net Asset Value (NAV) of ₹12.77, Assets Under Management (AUM) of 1924.83 Crores, and an expense ratio of 0.29%.
As of 05-Sep-24, it has a Net Asset Value (NAV) of ₹12.77, Assets Under Management (AUM) of 1924.83 Crores, and an expense ratio of 0.29%.
- DSP Multi Asset Allocation Fund Direct Growth has given a CAGR return of 27.68% since inception.
- The fund's asset allocation comprises around 59.53% in equities, 15.18% in debts, and 5.84% in cash & cash equivalents.
- You can start investing in DSP Multi 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.
Since Inception
+27.68%
— (Cat Avg.)
Portfolio Summaryas of 31st July 2024
| Equity | ₹1,145.88 Cr | 59.53% |
| Debt | ₹292.14 Cr | 15.18% |
| Others | ₹486.81 Cr | 25.29% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| DSP Gold ETF | Mutual Fund - ETF | ₹306.29 Cr | 15.91% |
| Treps / Reverse Repo Investments | Cash - Repurchase Agreement | ₹110.63 Cr | 5.75% |
| HDFC Bank Ltd | Equity | ₹97.39 Cr | 5.06% |
| ICICI Bank Ltd | Equity | ₹95.62 Cr | 4.97% |
| 7.3% Govt Stock 2053 | Bond - Gov't/Treasury | ₹77.89 Cr | 4.05% |
| DSP Silver ETF | Mutual Fund - ETF | ₹77.76 Cr | 4.04% |
| The Comm Svcs Sel Sect SPDR® ETF | Mutual Fund - ETF | ₹62.97 Cr | 3.27% |
| iShares Global Industrials ETF | Mutual Fund - ETF | ₹60.34 Cr | 3.14% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹53.26 Cr | 2.77% |
| Bajaj Finance Limited | Bond - Corporate Bond | ₹51.75 Cr | 2.69% |
| Infosys Ltd | Equity | ₹44.22 Cr | 2.30% |
| 7.18% Govt Stock 2033 | Bond - Gov't/Treasury | ₹41.91 Cr | 2.18% |
| iShares S&P 500 Energy Sect ETF USD Acc | Mutual Fund - ETF | ₹41.43 Cr | 2.15% |
| iShares Global Healthcare ETF | Mutual Fund - ETF | ₹40.84 Cr | 2.12% |
| ITC Ltd | Equity | ₹40.29 Cr | 2.09% |
| HCL Technologies Ltd | Equity | ₹35.53 Cr | 1.85% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹33.48 Cr | 1.74% |
| Axis Bank Ltd | Equity | ₹32.58 Cr | 1.69% |
| GAIL (India) Ltd | Equity | ₹30.05 Cr | 1.56% |
| Godrej Consumer Products Ltd | Equity | ₹26.99 Cr | 1.40% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹26.8 Cr | 1.39% |
| Bajaj Finserv Ltd | Equity | ₹26.46 Cr | 1.37% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹25.11 Cr | 1.30% |
| Hindalco Industries Ltd | Equity | ₹24.98 Cr | 1.30% |
| Maruti Suzuki India Ltd | Equity | ₹24.67 Cr | 1.28% |
| Hindustan Petroleum Corp Ltd | Equity | ₹22.41 Cr | 1.16% |
| Coal India Ltd | Equity | ₹21.93 Cr | 1.14% |
| Taiwan Semiconductor Manufacturing Co Ltd ADR | Equity | ₹21.48 Cr | 1.12% |
| The Consumer Staples Sel SectSPDR® ETF | Mutual Fund - ETF | ₹21.48 Cr | 1.12% |
| Tech Mahindra Ltd | Equity | ₹19.03 Cr | 0.99% |
| Suven Pharmaceuticals Ltd | Equity | ₹18.77 Cr | 0.98% |
| Microsoft Corp | Equity | ₹18.53 Cr | 0.96% |
| Hero MotoCorp Ltd | Equity | ₹18.35 Cr | 0.95% |
| CIE Automotive India Ltd | Equity | ₹18.35 Cr | 0.95% |
| Tencent Holdings Ltd | Equity | ₹16.68 Cr | 0.87% |
| Nike Inc Class B | Equity | ₹16.56 Cr | 0.86% |
| Tata Steel Ltd | Equity | ₹16.06 Cr | 0.83% |
| Ipca Laboratories Ltd | Equity | ₹16.06 Cr | 0.83% |
| Crompton Greaves Consumer Electricals Ltd | Equity | ₹15.85 Cr | 0.82% |
| Sapphire Foods India Ltd | Equity | ₹15.72 Cr | 0.82% |
| 7.06% Govt Stock 2028 | Bond - Gov't/Treasury | ₹15.43 Cr | 0.80% |
| Narayana Hrudayalaya Ltd | Equity | ₹15.04 Cr | 0.78% |
| Jindal Steel & Power Ltd | Equity | ₹14.59 Cr | 0.76% |
| Oil India Ltd | Equity | ₹14.56 Cr | 0.76% |
| Alembic Pharmaceuticals Ltd | Equity | ₹14.09 Cr | 0.73% |
| Net Receivables/Payables | Cash | ₹-13.46 Cr | 0.70% |
| Alibaba Group Holding Ltd Ordinary Shares | Equity | ₹13.4 Cr | 0.70% |
| Craftsman Automation Ltd | Equity | ₹12.93 Cr | 0.67% |
| GMM Pfaudler Ltd | Equity | ₹12.82 Cr | 0.67% |
| Samvardhana Motherson International Ltd | Equity | ₹12.6 Cr | 0.65% |
| Archean Chemical Industries Ltd | Equity | ₹11.47 Cr | 0.60% |
| Coromandel International Ltd | Equity | ₹10.38 Cr | 0.54% |
| Alkem Laboratories Ltd | Equity | ₹6.04 Cr | 0.31% |
| IIFL Finance Ltd | Equity | ₹5.38 Cr | 0.28% |
| Cash Margin | Cash | ₹5 Cr | 0.26% |
| Mahindra & Mahindra Ltd | Equity | ₹4.55 Cr | 0.24% |
| iShares Global Comm Services ETF | Mutual Fund - ETF | ₹2.9 Cr | 0.15% |
| Nifty 22500 Put Sep24 | Equity Index - Option (Put) | ₹0.19 Cr | 0.01% |
| Nifty 23000 Put Sep24 | Equity Index - Option (Put) | ₹0.18 Cr | 0.01% |
| Nifty 21000 Put Sep24 | Equity Index - Option (Put) | ₹0.18 Cr | 0.01% |
| Nifty 23400 Put Aug24 | Equity Index - Option (Put) | ₹0.08 Cr | 0.00% |
Allocation By Market Cap (Equity)
Large Cap Stocks
30.57%
Mid Cap Stocks
6.28%
Small Cap Stocks
6.23%
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹257.43 Cr | 13.37% |
| Consumer Cyclical | ₹152.97 Cr | 7.95% |
| Technology | ₹138.8 Cr | 7.21% |
| Healthcare | ₹103.47 Cr | 5.38% |
| Basic Materials | ₹77.48 Cr | 4.03% |
| Consumer Defensive | ₹67.28 Cr | 3.50% |
| Energy | ₹58.9 Cr | 3.06% |
| Utilities | ₹30.05 Cr | 1.56% |
| Communication Services | ₹16.68 Cr | 0.87% |
| Industrials | ₹12.82 Cr | 0.67% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
--
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
--
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
--
Higher the better
Fund Managers
AK
Aparna Karnik
Since September 2023
Ravi Gehani
Since September 2023
SG
Shantanu Godambe
Since August 2024
Additional Scheme Detailsas of 31st July 2024
ISIN | INF740KA1TE9 | Expense Ratio | 0.29% | Exit Load | 1.00% | Fund Size | ₹1,925 Cr | Age | 29 Sep 2023 | Lumpsum Minimum | ₹100 | Fund Status | Open Ended Investment Company | Benchmark | Composite |
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:
- If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
- If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
- Holding the units: No tax is applicable as long as you continue to hold the units.
Dividend Taxation:
Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.
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 Multi Asset Allocation Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Aditya Birla Sun Life Multi Asset Allocation Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹3508.90 Cr | 24.0% |
| Aditya Birla Sun Life Multi Asset Allocation Fund Direct Growth Very High Risk | 0.4% | 1.0% | ₹3508.90 Cr | 25.9% |
| Nippon India Multi Asset fund Direct Growth Very High Risk | 0.3% | 1.0% | ₹3854.24 Cr | 33.8% |
| Nippon India Multi Asset fund Regular Growth Very High Risk | 1.5% | 1.0% | ₹3854.24 Cr | 32.2% |
| SBI Multi Asset Allocation Fund Regular Growth High Risk | 1.5% | 1.0% | ₹5865.80 Cr | 24.6% |
| Quant Multi Asset Fund Regular Growth High Risk | 1.9% | 1.0% | ₹2725.25 Cr | 45.7% |
| UTI Multi Asset Fund Regular Growth High Risk | 1.9% | 1.0% | ₹2912.96 Cr | 39.3% |
| ICICI Prudential Multi-Asset Fund Regular Growth Very High Risk | 1.5% | 1.0% | ₹46488.14 Cr | 30.1% |
| HDFC Multi - Asset Fund Regular Growth High Risk | 1.9% | 1.0% | ₹3348.14 Cr | 24.2% |
| Motilal Oswal Multi Asset Fund Direct Growth High Risk | 0.9% | 1.0% | ₹105.01 Cr | 17.9% |
About the AMC
Total AUM
₹1,79,723 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
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We're here to help.
What is the current NAV of DSP Multi Asset Allocation Fund Direct Growth?
The NAV of DSP Multi Asset Allocation Fund Direct Growth, as of 05-Sep-2024, is ₹12.77.
What is the portfolio composition of DSP Multi Asset Allocation Fund Direct Growth?
The fund's allocation of assets is distributed as 59.53% in equities, 15.18% in bonds, and 5.84% in cash and cash equivalents.
Who manages the DSP Multi Asset Allocation Fund Direct Growth?
The fund managers responsible for DSP Multi Asset Allocation Fund Direct Growth are:-
- Aparna Karnik
- Ravi Gehani
- Shantanu Godambe
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 Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 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.