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Fund Overview

Fund Size

Fund Size

₹9,241 Cr

Expense Ratio

Expense Ratio

0.28%

ISIN

ISIN

INF740KA1TE9

Minimum SIP

Minimum SIP

₹100

Exit Load

Exit Load

1.00%

Inception Date

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 2 years, 7 months and 24 days, having been launched on 29-Sep-23.
As of 21-May-26, it has a Net Asset Value (NAV) of ₹16.68, Assets Under Management (AUM) of 9241.13 Crores, and an expense ratio of 0.28%.
  • DSP Multi Asset Allocation Fund Direct Growth has given a CAGR return of 21.39% since inception.
  • The fund's asset allocation comprises around 60.74% in equities, 10.55% in debts, and 18.48% 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.

1 Year

+21.49%

(Cat Avg.)

Since Inception

+21.39%

(Cat Avg.)

Portfolio Summaryas of 30th April 2026

Equity5,613.04 Cr60.74%
Debt974.5 Cr10.55%
Others2,653.59 Cr28.71%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Treps / Reverse Repo InvestmentsCash - Repurchase Agreement1,128.41 Cr12.21%
DSP Gold ETFMutual Fund - ETF776.59 Cr8.40%
DSP Nifty 50 Equal Weight ETFMutual Fund - ETF525.87 Cr5.69%
HDFC Bank LtdEquity501.99 Cr5.43%
Gold EtcdCommodity - Future-435.2 Cr4.71%
Cash Offset For DerivativesCash - General Offset435.2 Cr4.71%
GoldCommodity432.75 Cr4.68%
Axis Bank LtdEquity320.74 Cr3.47%
ICICI Bank LtdEquity260.94 Cr2.82%
6.9% Govt Stock 2065Bond - Gov't/Treasury213.76 Cr2.31%
Bharti Airtel LtdEquity201.72 Cr2.18%
DSP Silver ETFMutual Fund - ETF187.03 Cr2.02%
Embassy Office Parks REITEquity - REIT150.46 Cr1.63%
NVIDIA CorpEquity132.31 Cr1.43%
Net Receivables/PayablesCash117.32 Cr1.27%
6.48% Govt Stock 2035Bond - Gov't/Treasury111.24 Cr1.20%
Infosys LtdEquity111.03 Cr1.20%
Larsen & Toubro LtdEquity108.38 Cr1.17%
SK Hynix IncEquity106.55 Cr1.15%
Power Grid Corp Of India LtdEquity105.22 Cr1.14%
Angel One Ltd Ordinary SharesEquity104.3 Cr1.13%
Chattisgarh SDLBond - Gov't/Treasury100.82 Cr1.09%
GAIL (India) LtdEquity100.27 Cr1.09%
State Street® CommServSelSectSPDR®ETFMutual Fund - ETF97.25 Cr1.05%
iShares Global Industrials ETFMutual Fund - ETF95.59 Cr1.03%
Indus Towers Ltd Ordinary SharesEquity95.54 Cr1.03%
Alibaba Group Holding Ltd Ordinary SharesEquity93.34 Cr1.01%
Mahindra & Mahindra LtdEquity88.28 Cr0.96%
Amazon.com IncEquity86.61 Cr0.94%
HCL Technologies LtdEquity84.83 Cr0.92%
Oil India LtdEquity82.99 Cr0.90%
Samvardhana Motherson International LtdEquity81.5 Cr0.88%
Sony Group CorpEquity80.46 Cr0.87%
Jindal Steel LtdEquity79.91 Cr0.86%
Oberoi Realty LtdEquity78.32 Cr0.85%
DSP Nifty PSU Bank ETFMutual Fund - ETF77.26 Cr0.84%
Bharti Telecom LimitedBond - Corporate Bond76.2 Cr0.82%
Knowledge Realty Trust UnitsEquity - REIT75.8 Cr0.82%
UltraTech Cement LtdEquity75.31 Cr0.81%
Brookfield India Real Estate TrustEquity - REIT73.3 Cr0.79%
Microsoft CorpEquity72.75 Cr0.79%
Sun Pharmaceuticals Industries LtdEquity72.28 Cr0.78%
Contemporary Amperex Technology Co Ltd Class AEquity71.24 Cr0.77%
Tata Motors LtdEquity70.63 Cr0.76%
Schneider Electric SEEquity66.24 Cr0.72%
Hindustan Petroleum Corp LtdEquity64.75 Cr0.70%
iShares S&P 500 Energy Sect ETF USD AccMutual Fund - ETF62.89 Cr0.68%
LT Foods LtdEquity59.19 Cr0.64%
Maruti Suzuki India LtdEquity57.8 Cr0.63%
L'Oreal SAEquity56.32 Cr0.61%
Bharti Telecom LimitedBond - Corporate Bond52.11 Cr0.56%
KFin Technologies LtdEquity50.96 Cr0.55%
Novo Nordisk AS ADREquity50.9 Cr0.55%
Maharashtra SDLBond - Gov't/Treasury50.05 Cr0.54%
Muthoot Finance LimitedBond - Corporate Bond49.98 Cr0.54%
Midea Group Co Ltd Ordinary Shares - Class HEquity49.92 Cr0.54%
Gland Pharma LtdEquity49.06 Cr0.53%
7.48% Uttarpradesh Sgs 2044Bond - Gov't/Treasury48.61 Cr0.53%
7.03% Maharashtra Sgs 2038Bond - Gov't/Treasury48.36 Cr0.52%
6.68% Govt Stock 2040Bond - Gov't/Treasury48.2 Cr0.52%
CIE Automotive India LtdEquity47.75 Cr0.52%
Citius TransNet Investment TrustEquity46.52 Cr0.50%
iShares Global Healthcare ETFMutual Fund - ETF45.04 Cr0.49%
Craftsman Automation LtdEquity43.16 Cr0.47%
Tencent Holdings LtdEquity42.64 Cr0.46%
Kalpataru Projects International LtdEquity40.86 Cr0.44%
Hindalco Industries LtdEquity39.92 Cr0.43%
Mindspace Business Parks REIT UnitEquity - REIT38.83 Cr0.42%
POWERGRID Infrastructure Investment Trust UnitsEquity38.14 Cr0.41%
Raajmarg Infra Investment Trust UnitsEquity36.23 Cr0.39%
Tata Steel LtdEquity30.05 Cr0.33%
Hero MotoCorp LtdEquity29.19 Cr0.32%
Apollo Tyres LtdEquity28.78 Cr0.31%
7.09% Govt Stock 2054Bond - Gov't/Treasury28.75 Cr0.31%
Hindustan Zinc LtdEquity25.63 Cr0.28%
Nike Inc Class BEquity25.48 Cr0.28%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond25.35 Cr0.27%
Power Finance Corporation LimitedBond - Corporate Bond25.21 Cr0.27%
Power Finance Corporation LimitedBond - Corporate Bond25.04 Cr0.27%
7.24% Govt Stock 2055Bond - Gov't/Treasury24.37 Cr0.26%
7.08% Haryana Sgs 2039Bond - Gov't/Treasury23.62 Cr0.26%
Tata Motors Passenger Vehicles LtdEquity18.2 Cr0.20%
NMDC LtdEquity17.62 Cr0.19%
Ipca Laboratories LtdEquity15.73 Cr0.17%
Archean Chemical Industries LtdEquity15.59 Cr0.17%
7.06% Govt Stock 2028Bond - Gov't/Treasury15.29 Cr0.17%
Godrej Consumer Products LtdEquity13.91 Cr0.15%
Mahindra & Mahindra Financial Services LtdEquity11.87 Cr0.13%
Cash MarginCash10 Cr0.11%
Bajaj Finserv LtdEquity9.92 Cr0.11%
Alembic Pharmaceuticals LtdEquity8.49 Cr0.09%
GMM Pfaudler LtdEquity8.03 Cr0.09%
Bharti Telecom LimitedBond - Corporate Bond7.52 Cr0.08%
iShares Global Comm Services ETFMutual Fund - ETF4.66 Cr0.05%
Sony Financial Group IncEquity1.32 Cr0.01%

Allocation By Market Cap (Equity)

Large Cap Stocks

32.40%

Mid Cap Stocks

5.00%

Small Cap Stocks

4.95%

Allocation By Credit Quality (Debt)

AAA

AA

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services1,293.84 Cr14.00%
Consumer Cyclical720.61 Cr7.80%
Technology638.89 Cr6.91%
Communication Services339.9 Cr3.68%
Industrials294.74 Cr3.19%
Basic Materials284.03 Cr3.07%
Utilities243.64 Cr2.64%
Healthcare196.46 Cr2.13%
Energy147.74 Cr1.60%
Consumer Defensive129.42 Cr1.40%
Real Estate78.32 Cr0.85%

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

Ravi Gehani

Since September 2023

SG

Shantanu Godambe

Since August 2024

Additional Scheme Detailsas of 30th April 2026

ISIN
INF740KA1TE9
Expense Ratio
0.28%
Exit Load
1.00%
Fund Size
₹9,241 Cr
Age
2 years 7 months
Lumpsum Minimum
₹100
Fund Status
Open Ended Investment Company
Benchmark
Composite

Investment ObjectiveInvestment 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

iconCapital Gains Taxation:

iconDividend Taxation:

info icon

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.

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LIC MF Multi Asset Allocation Fund Regular Growth

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Invesco India Multi Asset Allocation Fund Direct Growth

Very High Risk

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Union Multi Asset Allocation Fund Regular Growth

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Union Multi Asset Allocation Fund Direct Growth

Very High Risk

0.9%1.0%₹963.63 Cr15.4%
Bajaj Finserv Multi Asset Allocation Fund Direct Growth

Very High Risk

0.4%1.0%₹1811.41 Cr14.4%
Bajaj Finserv Multi Asset Allocation Fund Regular Growth

Very High Risk

1.7%1.0%₹1811.41 Cr12.8%
Mahindra Manulife Multi Asset Allocation Fund Direct Growth

Very High Risk

0.3%0.0%₹1097.58 Cr16.7%
Mahindra Manulife Multi Asset Allocation Fund Regular Growth

Very High Risk

1.6%0.0%₹1097.58 Cr14.8%
Quantum Multi Asset Allocation Fund Regular Growth

High Risk

2.0%1.0%₹56.88 Cr3.5%
Quantum Multi Asset Allocation Fund Direct Growth

High Risk

0.4%1.0%₹56.88 Cr5.2%
HSBC Multi Asset Allocation Fund Direct Growth

Moderate Risk

1.2%1.0%₹2844.33 Cr22.2%
HSBC Multi Asset Allocation Fund Regular Growth

Moderate Risk

2.5%1.0%₹2844.33 Cr20.5%
Bank of India Multi Asset Allocation Fund Regular Growth

High Risk

1.7%1.0%₹357.41 Cr11.0%
Bank of India Multi Asset Allocation Fund Direct Growth

High Risk

0.8%1.0%₹357.41 Cr12.2%
Mirae Asset Multi Asset Allocation Fund Regular Growth

High Risk

1.6%1.0%₹3341.60 Cr12.5%
Mirae Asset Multi Asset Allocation Fund Direct Growth

High Risk

0.3%1.0%₹3341.60 Cr14.3%
Bandhan Multi Asset Allocation Fund Regular Growth

Very High Risk

1.6%0.0%₹3240.29 Cr17.8%
Bandhan Multi Asset Allocation Fund Direct Growth

Very High Risk

0.4%0.0%₹3240.29 Cr19.5%
Sundaram Multi Asset Allocation Fund Direct Growth

High Risk

0.5%1.0%₹3276.67 Cr10.5%
Sundaram Multi Asset Allocation Fund Regular Growth

High Risk

1.8%1.0%₹3276.67 Cr9.0%
DSP Multi Asset Allocation Fund Regular Growth

Very High Risk

1.2%1.0%₹9241.13 Cr20.0%
DSP Multi Asset Allocation Fund Direct Growth

Very High Risk

0.3%1.0%₹9241.13 Cr21.5%
Kotak Multi Asset Allocation Fund Direct Growth

High Risk

0.4%1.0%₹13447.43 Cr25.7%
Kotak Multi Asset Allocation Fund Regular Growth

High Risk

1.7%1.0%₹13447.43 Cr24.1%
Shriram Multi Asset Allocation Fund Direct Growth

Very High Risk

1.0%1.0%₹138.53 Cr11.8%
Shriram Multi Asset Allocation Fund Regular Growth

Very High Risk

2.4%1.0%₹138.53 Cr10.0%
Baroda BNP Paribas Multi Asset Fund Regular Growth

High Risk

1.8%1.0%₹1408.46 Cr10.2%
Baroda BNP Paribas Multi Asset Fund Direct Growth

High Risk

0.8%1.0%₹1408.46 Cr11.5%
Edelweiss Multi Asset Allocation Fund Regular Growth

Low to Moderate Risk

2.1%0.0%₹2591.90 Cr4.9%
Edelweiss Multi Asset Allocation Fund Direct Growth

Low to Moderate Risk

1.8%0.0%₹2591.90 Cr5.3%
Axis Multi Asset Allocation Fund Regular Growth

Very High Risk

2.6%1.0%₹2228.78 Cr12.5%
UTI Multi Asset Fund Direct Growth

High Risk

1.2%1.0%₹6864.59 Cr8.7%
Axis Multi Asset Allocation Fund Direct Growth

Very High Risk

1.4%1.0%₹2228.78 Cr13.7%
HDFC Multi - Asset Fund Direct Growth

Very High Risk

0.8%1.0%₹5887.05 Cr6.5%

About the AMC

DSP Mutual Fund

DSP Mutual Fund

Total AUM

₹2,08,407 Cr

Address

West Wing, 11th Floor, Mumbai, 400021

Other Funds by DSP Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
DSP Multi Asset Omni Fund of Funds Direct Growth

High Risk

0.4%0.0%₹769.29 Cr-
DSP Nifty 500 Index Fund Direct Growth

Very High Risk

0.2%0.0%₹13.23 Cr-
DSP Fixed Maturity Plan Series 277 789 Days Direct Growth

High Risk

-0.0%--
DSP Nifty Smallcap 250 Index Fund Direct Growth

Very High Risk

0.2%0.0%₹10.36 Cr-
DSP Nifty Midcap 150 Index Fund Direct Growth

Very High Risk

0.2%0.0%₹13.00 Cr-
DSP Nifty500 Flexicap Quality 30 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹170.85 Cr-
DSP Nifty IT Index Fund Direct Growth

Very High Risk

0.2%0.0%₹75.24 Cr-
DSP Nifty Healthcare Index Fund Direct Growth

Very High Risk

0.2%0.0%₹18.59 Cr-
DSP Silver ETF Fund of Fund Direct Growth

Very High Risk

0.5%0.0%₹712.87 Cr164.3%
DSP Nifty Private Bank Index Fund Direct Growth

Very High Risk

0.2%0.0%₹67.90 Cr-3.5%
DSP BSE SENSEX Next 30 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹21.26 Cr12.8%
DSP Business Cycle Fund Direct Growth

Very High Risk

0.6%0.0%₹1142.93 Cr6.1%
DSP Nifty Top 10 Equal Weight Index Fund Direct Growth

Very High Risk

0.2%0.0%₹1224.20 Cr-10.2%
DSP Nifty Bank Index Fund Direct Growth

Very High Risk

0.2%0.0%₹58.59 Cr-1.1%
DSP US Treasury Fund of Fund Direct Growth

Very High Risk

0.2%0.0%₹69.05 Cr16.9%
DSP Nifty Healthcare ETF Regular Growth

Very High Risk

0.2%-₹13.57 Cr12.5%
DSP Multicap Fund Direct Growth

Low Risk

0.5%1.0%₹2730.90 Cr2.9%
DSP Nifty Smallcap250 Quality 50 Index Fund Direct Growth

Very High Risk

0.1%0.0%₹310.81 Cr-6.2%
DSP Banking & Financial Services Fund Direct Growth

Very High Risk

0.5%0.0%₹1828.32 Cr9.6%
DSP Gold ETF Fund of Fund Direct Growth

High Risk

0.6%0.0%₹494.44 Cr62.7%
DSP Multi Asset Allocation Fund Direct Growth

Very High Risk

0.3%1.0%₹9241.13 Cr21.5%
DSP FMP - Series 264 - 60M - 17D Direct Growth

Low Risk

-0.0%₹54.14 Cr5.9%
DSP FMP Series 267 - 1246 Days Direct Growth

Low Risk

-0.0%₹717.68 Cr4.9%
DSP FMP Series 261 37 Month Direct Growth

Moderate Risk

----
DSP Fixed Maturity Plan Series 270 1144 Days Direct Growth

Low Risk

-0.0%₹180.35 Cr4.9%
DSP FMP Series 268 - 1281 Days Direct Growth

Low Risk

--₹122.54 Cr5.8%
DSP FMP Series 252 38 Month Direct Growth

Moderate Risk

-0.0%--
DSP Banking & PSU Debt Fund Direct Growth

Low Risk

0.3%0.0%₹3387.79 Cr2.2%
DSP Dynamic Asset Allocation Fund Direct Growth

Moderately High risk

0.6%1.0%₹3661.26 Cr4.2%
DSP Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹2115.51 Cr5.4%
DSP Nifty 50 Index Fund Direct Growth

Very High Risk

0.1%0.0%₹1085.26 Cr-2.6%
DSP Nifty Next 50 Index Fund Direct Growth

Very High Risk

0.2%0.0%₹1261.03 Cr5.3%
DSP Healthcare Fund Direct Growth

Very High Risk

0.5%0.0%₹3142.36 Cr11.0%
DSP Global Allocation Fund Direct Growth

Very High Risk

0.4%0.0%₹1482.17 Cr3.6%
DSP Quant Fund Direct Growth

Very High Risk

0.5%0.0%₹784.74 Cr1.9%
DSP Low Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹5108.05 Cr5.4%
DSP Value Fund Direct Growth

Very High Risk

0.8%1.0%₹1702.98 Cr12.1%
DSP Nifty SDL Plus G-Sec Jun 2028 30:70 Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹1656.83 Cr4.5%
DSP Bond Fund Direct Growth

Moderately High risk

0.3%0.0%₹288.40 Cr3.0%
DSP Flexi Cap Fund Direct Growth

Very High Risk

0.6%1.0%₹11769.10 Cr-1.1%
DSP Government Securities Direct Growth

Moderate Risk

0.5%0.0%₹1268.44 Cr-1.8%
DSP Equity & Bond Fund Direct Growth

High Risk

0.6%1.0%₹11581.75 Cr-2.7%
DSP Focus Fund Direct Growth

Very High Risk

0.8%1.0%₹2489.76 Cr-2.0%
DSP Credit Risk Fund Direct Growth

Moderately High risk

0.3%3.0%₹242.06 Cr9.9%
DSP India TIGER Fund Direct Growth

Very High Risk

0.7%1.0%₹5788.63 Cr17.2%
DSP Liquidity Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹22480.43 Cr6.3%
DSP Regular Saving Fund Direct Growth

Moderately High risk

0.5%0.0%₹179.01 Cr3.0%
DSP Small Cap Fund Direct Growth

Very High Risk

0.6%1.0%₹17905.82 Cr10.4%
DSP Ultra Short Fund Direct Growth

Moderate Risk

0.3%0.0%₹4166.77 Cr6.2%
DSP Short Term Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹3245.43 Cr3.8%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk

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What is the current NAV of DSP Multi Asset Allocation Fund Direct Growth?

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The NAV of DSP Multi Asset Allocation Fund Direct Growth, as of 21-May-2026, is ₹16.68.
The fund's allocation of assets is distributed as 60.74% in equities, 10.55% in bonds, and 18.48% in cash and cash equivalents.
The fund managers responsible for DSP Multi Asset Allocation Fund Direct Growth are:-
  1. Aparna Karnik
  2. Ravi Gehani
  3. Shantanu Godambe
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