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Fund Overview

Fund Size

Fund Size

₹6,440 Cr

Expense Ratio

Expense Ratio

1.45%

ISIN

ISIN

INF740KA1TB5

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 Regular Growth is a Multi Asset Allocation mutual fund schemes offered by DSP Mutual Fund. This fund has been in existence for 2 years, 4 months and 1 days, having been launched on 29-Sep-23.
As of 28-Jan-26, it has a Net Asset Value (NAV) of ₹16.32, Assets Under Management (AUM) of 6440.17 Crores, and an expense ratio of 1.45%.
  • DSP Multi Asset Allocation Fund Regular Growth has given a CAGR return of 23.40% since inception.
  • The fund's asset allocation comprises around 64.79% in equities, 12.64% in debts, and 7.85% in cash & cash equivalents.
  • You can start investing in DSP Multi Asset Allocation Fund Regular 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

+31.09%

(Cat Avg.)

Since Inception

+23.40%

(Cat Avg.)

Portfolio Summaryas of 31st December 2025

Equity4,172.88 Cr64.79%
Debt814.17 Cr12.64%
Others1,453.13 Cr22.56%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
DSP Gold ETFMutual Fund - ETF668.69 Cr10.38%
Treps / Reverse Repo InvestmentsCash - Repurchase Agreement382.53 Cr5.94%
DSP Nifty 50 Equal Weight ETFMutual Fund - ETF368.72 Cr5.73%
DSP Silver ETFMutual Fund - ETF295.43 Cr4.59%
HDFC Bank LtdEquity245.32 Cr3.81%
Bharti Airtel LtdEquity158.64 Cr2.46%
Embassy Office Parks REITEquity - REIT154.2 Cr2.39%
Axis Bank LtdEquity152.19 Cr2.36%
Infosys LtdEquity151.77 Cr2.36%
6.9% Govt Stock 2065Bond - Gov't/Treasury138.93 Cr2.16%
ICICI Bank LtdEquity118.89 Cr1.85%
HCL Technologies LtdEquity114.84 Cr1.78%
DSP Nifty PSU Bank ETFMutual Fund - ETF111.53 Cr1.73%
7.09% Govt Stock 2054Bond - Gov't/Treasury110.71 Cr1.72%
SK Hynix IncEquity107.22 Cr1.66%
DSP Liquidity Dir GrMutual Fund - Open End100.05 Cr1.55%
State Street® CommServSelSectSPDR®ETFMutual Fund - ETF92.77 Cr1.44%
Indus Towers Ltd Ordinary SharesEquity86.1 Cr1.34%
6.48% Govt Stock 2035Bond - Gov't/Treasury85.57 Cr1.33%
Microsoft CorpEquity81.46 Cr1.26%
iShares Global Industrials ETFMutual Fund - ETF80.77 Cr1.25%
Mahindra & Mahindra Financial Services LtdEquity80.06 Cr1.24%
Knowledge Realty Trust UnitsEquity - REIT77.62 Cr1.21%
Hindustan Petroleum Corp LtdEquity77.42 Cr1.20%
Angel One Ltd Ordinary SharesEquity76.85 Cr1.19%
Bharti Telecom LimitedBond - Corporate Bond75.14 Cr1.17%
GAIL (India) LtdEquity75.01 Cr1.16%
Brookfield India Real Estate TrustEquity - REIT74.58 Cr1.16%
Amazon.com IncEquity71.21 Cr1.11%
Alibaba Group Holding Ltd Ordinary SharesEquity69.09 Cr1.07%
NVIDIA CorpEquity68.36 Cr1.06%
Bajaj Finserv LtdEquity65.46 Cr1.02%
Oberoi Realty LtdEquity62.79 Cr0.97%
Craftsman Automation LtdEquity61.91 Cr0.96%
Sun Pharmaceuticals Industries LtdEquity61.86 Cr0.96%
Samvardhana Motherson International LtdEquity61.27 Cr0.95%
Power Grid Corp Of India LtdEquity58.53 Cr0.91%
Novo Nordisk AS ADREquity57.91 Cr0.90%
Jindal Steel LtdEquity57.18 Cr0.89%
Hindustan Zinc LtdEquity56.96 Cr0.88%
Schneider Electric SEEquity55.05 Cr0.85%
Oil India LtdEquity54.31 Cr0.84%
L'Oreal SAEquity53.6 Cr0.83%
Tencent Holdings LtdEquity52.04 Cr0.81%
Rec LimitedBond - Corporate Bond51.72 Cr0.80%
Bharti Telecom LimitedBond - Corporate Bond51.04 Cr0.79%
Hindalco Industries LtdEquity50.54 Cr0.78%
Muthoot Finance LimitedBond - Corporate Bond50.31 Cr0.78%
LT Foods LtdEquity50.21 Cr0.78%
6.68% Govt Stock 2040Bond - Gov't/Treasury50.17 Cr0.78%
Contemporary Amperex Technology Co Ltd Class AEquity48.01 Cr0.75%
Sony Group CorpEquity46.35 Cr0.72%
iShares S&P 500 Energy Sect ETF USD AccMutual Fund - ETF44.8 Cr0.70%
iShares Global Healthcare ETFMutual Fund - ETF44.56 Cr0.69%
Mindspace Business Parks REIT UnitEquity - REIT39.49 Cr0.61%
CIE Automotive India LtdEquity37.77 Cr0.59%
POWERGRID Infrastructure Investment Trust UnitsEquity36.58 Cr0.57%
Maruti Suzuki India LtdEquity34.91 Cr0.54%
Nike Inc Class BEquity34.54 Cr0.54%
NMDC LtdEquity28.69 Cr0.45%
Godrej Consumer Products LtdEquity28.15 Cr0.44%
Brookfield Corp Registered Shs -A- Limited VtgEquity28.08 Cr0.44%
Hero MotoCorp LtdEquity27.26 Cr0.42%
7.24% Govt Stock 2055Bond - Gov't/Treasury25.6 Cr0.40%
Tata Steel LtdEquity25.6 Cr0.40%
6.52% Govt Stock 2031Bond - Gov't/Treasury25.57 Cr0.40%
Power Finance Corporation LimitedBond - Corporate Bond25.41 Cr0.39%
6.01% Govt Stock 2030Bond - Gov't/Treasury25.36 Cr0.39%
Power Finance Corporation LimitedBond - Corporate Bond25.27 Cr0.39%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond25.21 Cr0.39%
Madhya Pradesh (Government of) 7.14%Bond - Sub-sovereign Government Debt25 Cr0.39%
Tata Motors LtdEquity22.15 Cr0.34%
Tata Motors Passenger Vehicles LtdEquity19.58 Cr0.30%
Archean Chemical Industries LtdEquity18.51 Cr0.29%
7.06% Govt Stock 2028Bond - Gov't/Treasury15.65 Cr0.24%
Ipca Laboratories LtdEquity14.58 Cr0.23%
Sapphire Foods India LtdEquity14.01 Cr0.22%
Cash MarginCash10 Cr0.16%
GMM Pfaudler LtdEquity9.8 Cr0.15%
Alembic Pharmaceuticals LtdEquity9.52 Cr0.15%
Bharti Telecom LimitedBond - Corporate Bond7.51 Cr0.12%
iShares Global Comm Services ETFMutual Fund - ETF4.32 Cr0.07%
Net Receivables/PayablesCash-3.95 Cr0.06%
Sony Financial Group IncEquity1.52 Cr0.02%
Nifty 24500 Put Jan26Equity - Future0.13 Cr0.00%
Nifty 24000 Put Jan26Equity - Future0.1 Cr0.00%

Allocation By Market Cap (Equity)

Large Cap Stocks

30.86%

Mid Cap Stocks

7.48%

Small Cap Stocks

4.35%

Allocation By Credit Quality (Debt)

AAA

AA

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services768.37 Cr11.93%
Technology570 Cr8.85%
Consumer Cyclical453.7 Cr7.04%
Communication Services296.77 Cr4.61%
Basic Materials237.49 Cr3.69%
Utilities170.12 Cr2.64%
Healthcare143.87 Cr2.23%
Consumer Defensive131.97 Cr2.05%
Energy131.73 Cr2.05%
Industrials112.86 Cr1.75%
Real Estate62.79 Cr0.97%

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 31st December 2025

ISIN
INF740KA1TB5
Expense Ratio
1.45%
Exit Load
1.00%
Fund Size
₹6,440 Cr
Age
2 years 4 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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1Y
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LIC MF Multi Asset Allocation Fund Regular Growth

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0.6%1.0%₹376.67 Cr27.7%
Samco Multi Asset Allocation Fund Regular Growth

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2.2%1.0%₹376.67 Cr25.6%
Invesco India Multi Asset Allocation Fund Regular Growth

Very High Risk

1.8%1.0%₹685.53 Cr29.0%
Invesco India Multi Asset Allocation Fund Direct Growth

Very High Risk

0.6%1.0%₹685.53 Cr30.7%
Union Multi Asset Allocation Fund Regular Growth

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2.2%1.0%₹836.57 Cr30.6%
Union Multi Asset Allocation Fund Direct Growth

Very High Risk

1.0%1.0%₹836.57 Cr32.1%
Bajaj Finserv Multi Asset Allocation Fund Direct Growth

Very High Risk

0.5%1.0%₹1434.73 Cr30.3%
Bajaj Finserv Multi Asset Allocation Fund Regular Growth

Very High Risk

2.0%1.0%₹1434.73 Cr28.3%
Mahindra Manulife Multi Asset Allocation Fund Direct Growth

Very High Risk

0.3%0.0%₹930.83 Cr29.0%
Mahindra Manulife Multi Asset Allocation Fund Regular Growth

Very High Risk

1.9%0.0%₹930.83 Cr26.9%
Quantum Multi Asset Allocation Fund Regular Growth

High Risk

2.0%1.0%₹51.57 Cr16.4%
Quantum Multi Asset Allocation Fund Direct Growth

High Risk

0.4%1.0%₹51.57 Cr18.1%
HSBC Multi Asset Allocation Fund Direct Growth

Very High Risk

0.5%1.0%₹2536.70 Cr30.2%
HSBC Multi Asset Allocation Fund Regular Growth

Very High Risk

1.8%1.0%₹2536.70 Cr28.5%
Bank of India Multi Asset Allocation Fund Regular Growth

Very High Risk

1.9%1.0%₹344.16 Cr18.3%
Bank of India Multi Asset Allocation Fund Direct Growth

Very High Risk

0.9%1.0%₹344.16 Cr19.6%
Mirae Asset Multi Asset Allocation Fund Regular Growth

High Risk

1.1%1.0%₹2815.11 Cr23.8%
Mirae Asset Multi Asset Allocation Fund Direct Growth

High Risk

0.3%1.0%₹2815.11 Cr25.7%
Bandhan Multi Asset Allocation Fund Regular Growth

Very High Risk

1.9%0.0%₹2702.47 Cr26.8%
Bandhan Multi Asset Allocation Fund Direct Growth

Very High Risk

0.5%0.0%₹2702.47 Cr28.6%
Sundaram Multi Asset Allocation Fund Direct Growth

High Risk

0.4%1.0%₹3090.46 Cr28.0%
Sundaram Multi Asset Allocation Fund Regular Growth

High Risk

1.8%1.0%₹3090.46 Cr26.2%
DSP Multi Asset Allocation Fund Regular Growth

Very High Risk

1.4%1.0%₹6440.17 Cr31.1%
DSP Multi Asset Allocation Fund Direct Growth

Very High Risk

0.3%1.0%₹6440.17 Cr32.8%
Kotak Multi Asset Allocation Fund Direct Growth

High Risk

0.5%1.0%₹10836.15 Cr37.8%
Kotak Multi Asset Allocation Fund Regular Growth

High Risk

1.7%1.0%₹10836.15 Cr36.1%
Shriram Multi Asset Allocation Fund Direct Growth

Very High Risk

0.7%1.0%₹140.63 Cr21.9%
Shriram Multi Asset Allocation Fund Regular Growth

Very High Risk

2.4%1.0%₹140.63 Cr19.8%
Baroda BNP Paribas Multi Asset Fund Regular Growth

Very High Risk

2.1%1.0%₹1321.38 Cr20.7%
Baroda BNP Paribas Multi Asset Fund Direct Growth

Very High Risk

0.9%1.0%₹1321.38 Cr22.1%
Edelweiss Multi Asset Allocation Fund Regular Growth

Low Risk

0.8%0.0%₹2458.65 Cr4.8%
Edelweiss Multi Asset Allocation Fund Direct Growth

Low Risk

0.4%0.0%₹2458.65 Cr5.2%
Axis Multi Asset Allocation Fund Regular Growth

Very High Risk

2.0%1.0%₹1875.27 Cr25.4%
UTI Multi Asset Fund Direct Growth

High Risk

0.6%1.0%₹6719.75 Cr17.2%
Axis Multi Asset Allocation Fund Direct Growth

Very High Risk

0.9%1.0%₹1875.27 Cr26.7%
HDFC Multi - Asset Fund Direct Growth

High Risk

0.8%1.0%₹5459.66 Cr18.4%
ICICI Prudential Multi-Asset Fund Direct Growth

Very High Risk

0.6%1.0%₹78179.11 Cr18.8%
SBI Multi Asset Allocation Fund Direct Growth

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0.6%1.0%₹13032.90 Cr25.6%

About the AMC

DSP Mutual Fund

DSP Mutual Fund

Total AUM

₹2,26,547 Cr

Address

West Wing, 11th Floor, Mumbai, 400021

Other Funds by DSP Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
DSP Nifty 500 Index Fund Direct Growth

Very High Risk

-0.0%--
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

0.3%0.0%₹7.78 Cr-
DSP Nifty Midcap 150 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹8.09 Cr-
DSP Nifty500 Flexicap Quality 30 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹108.61 Cr-
DSP Nifty IT Index Fund Direct Growth

Very High Risk

0.3%0.0%₹50.97 Cr-
DSP Nifty Healthcare Index Fund Direct Growth

Very High Risk

0.2%0.0%₹14.60 Cr-
DSP Silver ETF Fund of Fund Direct Growth

Very High Risk

0.6%0.0%₹712.39 Cr-
DSP Nifty Private Bank Index Fund Direct Growth

Very High Risk

0.3%0.0%₹57.83 Cr-
DSP BSE SENSEX Next 30 Index Fund Direct Growth

Very High Risk

0.2%0.0%₹14.30 Cr-
DSP Business Cycle Fund Direct Growth

Very High Risk

0.7%0.0%₹1175.58 Cr10.8%
DSP Nifty Top 10 Equal Weight Index Fund Direct Growth

Very High Risk

0.3%0.0%₹1466.83 Cr6.2%
DSP Nifty Bank Index Fund Direct Growth

Very High Risk

0.2%0.0%₹58.22 Cr22.6%
DSP US Treasury Fund of Fund Direct Growth

Very High Risk

0.2%0.0%₹65.95 Cr13.1%
DSP Nifty Healthcare ETF Regular Growth

Very High Risk

0.2%-₹10.83 Cr1.9%
DSP Multicap Fund Direct Growth

Low Risk

0.5%1.0%₹2681.86 Cr5.5%
DSP Nifty Smallcap250 Quality 50 Index Fund Direct Growth

Very High Risk

0.2%0.0%₹285.44 Cr-5.0%
DSP Banking & Financial Services Fund Direct Growth

Very High Risk

0.6%0.0%₹1623.85 Cr26.0%
DSP Gold ETF Fund of Fund Direct Growth

Very High Risk

0.7%0.0%₹331.34 Cr116.2%
DSP Multi Asset Allocation Fund Direct Growth

Very High Risk

0.3%1.0%₹6440.17 Cr32.8%
DSP FMP - Series 264 - 60M - 17D Direct Growth

Low to Moderate Risk

-0.0%₹52.27 Cr7.5%
DSP FMP Series 267 - 1246 Days Direct Growth

Low Risk

-0.0%₹699.56 Cr7.0%
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 Cr7.0%
DSP FMP Series 268 - 1281 Days Direct Growth

Low Risk

--₹122.54 Cr6.8%
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%₹3948.37 Cr6.2%
DSP Dynamic Asset Allocation Fund Direct Growth

Moderately High risk

0.7%1.0%₹3708.72 Cr9.8%
DSP Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹2659.27 Cr5.7%
DSP Nifty 50 Index Fund Direct Growth

Very High Risk

0.2%0.0%₹904.10 Cr10.9%
DSP Nifty Next 50 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹1153.07 Cr10.8%
DSP Healthcare Fund Direct Growth

Very High Risk

0.6%0.0%₹3114.33 Cr-0.2%
DSP Global Allocation Fund Direct Growth

Very High Risk

0.4%0.0%₹1982.13 Cr3.7%
DSP Quant Fund Direct Growth

Very High Risk

0.6%0.0%₹880.84 Cr10.9%
DSP Low Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹6367.49 Cr7.0%
DSP Value Fund Direct Growth

Very High Risk

0.9%1.0%₹1325.77 Cr18.4%
DSP Nifty SDL Plus G-Sec Jun 2028 30:70 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹2033.73 Cr7.8%
DSP Bond Fund Direct Growth

Moderately High risk

0.4%0.0%₹314.47 Cr7.1%
DSP Flexi Cap Fund Direct Growth

Very High Risk

0.7%1.0%₹12327.61 Cr9.5%
DSP Government Securities Direct Growth

Moderate Risk

0.6%0.0%₹1292.05 Cr4.1%
DSP Equity & Bond Fund Direct Growth

High Risk

0.7%1.0%₹12161.66 Cr8.0%
DSP Focus Fund Direct Growth

Very High Risk

0.9%1.0%₹2686.67 Cr11.1%
DSP Credit Risk Fund Direct Growth

Moderately High risk

0.4%3.0%₹205.76 Cr21.3%
DSP India TIGER Fund Direct Growth

Very High Risk

0.8%1.0%₹5323.37 Cr8.8%
DSP Liquidity Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹17776.95 Cr6.5%
DSP Regular Saving Fund Direct Growth

Moderately High risk

0.5%0.0%₹183.97 Cr8.1%
DSP Small Cap Fund Direct Growth

Very High Risk

0.8%1.0%₹16934.59 Cr4.4%
DSP Ultra Short Fund Direct Growth

Moderate Risk

0.3%0.0%₹3971.51 Cr7.2%
DSP Short Term Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹3905.96 Cr7.1%
DSP Midcap Fund Direct Growth

Very High Risk

0.7%1.0%₹19585.60 Cr10.0%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk

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The NAV of DSP Multi Asset Allocation Fund Regular Growth, as of 28-Jan-2026, is ₹16.32.
The fund's allocation of assets is distributed as 64.79% in equities, 12.64% in bonds, and 7.85% in cash and cash equivalents.
The fund managers responsible for DSP Multi Asset Allocation Fund Regular Growth are:-
  1. Aparna Karnik
  2. Ravi Gehani
  3. Shantanu Godambe
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