DSP Multi Asset Allocation Fund Regular Growth
HybridMulti Asset AllocationVery High Risk
Regular
NAV (17-Jun-25)
₹13.60-0.38%1D
Returns (Since Inception)
19.65%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹3,158 Cr
Expense Ratio
1.59%
ISIN
INF740KA1TB5
Minimum SIP
₹100
Exit Load
1.00%
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 1 years, 8 months and 21 days, having been launched on 29-Sep-23.
As of 17-Jun-25, it has a Net Asset Value (NAV) of ₹13.60, Assets Under Management (AUM) of 3157.86 Crores, and an expense ratio of 1.59%.
As of 17-Jun-25, it has a Net Asset Value (NAV) of ₹13.60, Assets Under Management (AUM) of 3157.86 Crores, and an expense ratio of 1.59%.
- DSP Multi Asset Allocation Fund Regular Growth has given a CAGR return of 19.65% since inception.
- The fund's asset allocation comprises around 58.78% in equities, 17.75% in debts, and 8.56% 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
+13.49%
— (Cat Avg.)
Since Inception
+19.65%
— (Cat Avg.)
Portfolio Summaryas of 31st May 2025
| Equity | ₹1,856.21 Cr | 58.78% |
| Debt | ₹560.37 Cr | 17.75% |
| Others | ₹741.28 Cr | 23.47% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| DSP Gold ETF | Mutual Fund - ETF | ₹348.97 Cr | 11.05% |
| Treps / Reverse Repo Investments | Cash - Repurchase Agreement | ₹217.75 Cr | 6.90% |
| DSP Silver ETF | Mutual Fund - ETF | ₹132.43 Cr | 4.19% |
| HDFC Bank Ltd | Equity | ₹119.27 Cr | 3.78% |
| ICICI Bank Ltd | Equity | ₹118.71 Cr | 3.76% |
| 7.3% Govt Stock 2053 | Bond - Gov't/Treasury | ₹109.31 Cr | 3.46% |
| The Comm Svcs Sel Sect SPDR® ETF | Mutual Fund - ETF | ₹75.96 Cr | 2.41% |
| iShares Global Industrials ETF | Mutual Fund - ETF | ₹70.47 Cr | 2.23% |
| 7.09% Govt Stock 2054 | Bond - Gov't/Treasury | ₹63.37 Cr | 2.01% |
| Microsoft Corp | Equity | ₹56.68 Cr | 1.79% |
| Angel One Ltd Ordinary Shares | Equity | ₹55.05 Cr | 1.74% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹53.09 Cr | 1.68% |
| 7.81% Govt Stock 2033 | Bond - Gov't/Treasury | ₹52.67 Cr | 1.67% |
| Bajaj Finserv Ltd | Equity | ₹51.08 Cr | 1.62% |
| 6.9% Govt Stock 2065 | Bond - Gov't/Treasury | ₹50.78 Cr | 1.61% |
| Infosys Ltd | Equity | ₹50.74 Cr | 1.61% |
| HCL Technologies Ltd | Equity | ₹48.33 Cr | 1.53% |
| DSP Nifty PSU Bank ETF | Mutual Fund - ETF | ₹45.57 Cr | 1.44% |
| Power Grid Corp Of India Ltd | Equity | ₹43.23 Cr | 1.37% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹42.49 Cr | 1.35% |
| GAIL (India) Ltd | Equity | ₹41.62 Cr | 1.32% |
| Hindalco Industries Ltd | Equity | ₹41.05 Cr | 1.30% |
| Brookfield Corp Registered Shs -A- Limited Vtg | Equity | ₹40.64 Cr | 1.29% |
| Amazon.com Inc | Equity | ₹40.18 Cr | 1.27% |
| Oberoi Realty Ltd | Equity | ₹38.74 Cr | 1.23% |
| Tata Motors Ltd | Equity | ₹38.35 Cr | 1.21% |
| iShares S&P 500 Energy Sect ETF USD Acc | Mutual Fund - ETF | ₹37.43 Cr | 1.19% |
| iShares Global Healthcare ETF | Mutual Fund - ETF | ₹37.28 Cr | 1.18% |
| Alibaba Group Holding Ltd Ordinary Shares | Equity | ₹34.96 Cr | 1.11% |
| Tencent Holdings Ltd | Equity | ₹34.78 Cr | 1.10% |
| SK Hynix Inc | Equity | ₹33.59 Cr | 1.06% |
| Airbnb Inc Ordinary Shares - Class A | Equity | ₹33.41 Cr | 1.06% |
| Axis Bank Ltd | Equity | ₹33.31 Cr | 1.05% |
| Novo Nordisk AS ADR | Equity | ₹32.92 Cr | 1.04% |
| Schneider Electric SE | Equity | ₹32.19 Cr | 1.02% |
| Nike Inc Class B | Equity | ₹31.23 Cr | 0.99% |
| Hindustan Petroleum Corp Ltd | Equity | ₹30.88 Cr | 0.98% |
| Sony Group Corp | Equity | ₹30.76 Cr | 0.97% |
| 8.17% Govt Stock 2044 | Bond - Gov't/Treasury | ₹30.16 Cr | 0.96% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹28.47 Cr | 0.90% |
| Godrej Consumer Products Ltd | Equity | ₹28.37 Cr | 0.90% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹27.1 Cr | 0.86% |
| 7.34% Govt Stock 2064 | Bond - Gov't/Treasury | ₹26.81 Cr | 0.85% |
| 7.59% Govt Stock 2031 | Bond - Gov't/Treasury | ₹26.49 Cr | 0.84% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹26.48 Cr | 0.84% |
| Bajaj Finance Limited | Bond - Corporate Bond | ₹26.27 Cr | 0.83% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹26.26 Cr | 0.83% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹25.9 Cr | 0.82% |
| Contemporary Amperex Technology Co Ltd Class A | Equity | ₹25.77 Cr | 0.82% |
| Maruti Suzuki India Ltd | Equity | ₹25.76 Cr | 0.82% |
| NMDC Ltd | Equity | ₹24.55 Cr | 0.78% |
| Bharti Telecom Limited | Cash - Commercial Paper | ₹24.34 Cr | 0.77% |
| The Consumer Staples Sel SectSPDR® ETF | Mutual Fund - ETF | ₹23.32 Cr | 0.74% |
| Mahindra & Mahindra Financial Services Ltd | Equity | ₹22.02 Cr | 0.70% |
| Narayana Hrudayalaya Ltd | Equity | ₹20.87 Cr | 0.66% |
| Hero MotoCorp Ltd | Equity | ₹20.36 Cr | 0.64% |
| Hindustan Zinc Ltd | Equity | ₹19.02 Cr | 0.60% |
| Crompton Greaves Consumer Electricals Ltd | Equity | ₹18.61 Cr | 0.59% |
| Craftsman Automation Ltd | Equity | ₹17.84 Cr | 0.56% |
| Samvardhana Motherson International Ltd | Equity | ₹17.81 Cr | 0.56% |
| Sapphire Foods India Ltd | Equity | ₹17.33 Cr | 0.55% |
| Cohance Lifesciences Ltd | Equity | ₹16.78 Cr | 0.53% |
| CIE Automotive India Ltd | Equity | ₹16.27 Cr | 0.52% |
| 7.06% Govt Stock 2028 | Bond - Gov't/Treasury | ₹15.67 Cr | 0.50% |
| Tata Steel Ltd | Equity | ₹15.64 Cr | 0.50% |
| Ipca Laboratories Ltd | Equity | ₹14.64 Cr | 0.46% |
| Jindal Steel & Power Ltd | Equity | ₹14.01 Cr | 0.44% |
| Alembic Pharmaceuticals Ltd | Equity | ₹11.45 Cr | 0.36% |
| GMM Pfaudler Ltd | Equity | ₹10.05 Cr | 0.32% |
| Cash Margin | Cash | ₹10 Cr | 0.32% |
| Archean Chemical Industries Ltd | Equity | ₹9.59 Cr | 0.30% |
| Oil India Ltd | Equity | ₹9.23 Cr | 0.29% |
| Net Receivables/Payables | Cash | ₹4.6 Cr | 0.15% |
| iShares Global Comm Services ETF | Mutual Fund - ETF | ₹3.57 Cr | 0.11% |
| Citibank N.A. 28 Jun 2025 (Duration - 30 Days) | Cash | ₹3.07 Cr | 0.10% |
| ITC Hotels Ltd | Equity | ₹2.11 Cr | 0.07% |
| Nifty 23500 Put Jun25** | Equity - Future | ₹0.82 Cr | 0.03% |
| Mahindra & Mahindra Financial Services Limited - Rights^ | Equity - Warrants/Rights (Call) | ₹0.7 Cr | 0.02% |
| Nifty 23000 Put Jun25** | Equity - Future | ₹0.47 Cr | 0.01% |
Allocation By Market Cap (Equity)
Large Cap Stocks
25.68%
Mid Cap Stocks
5.45%
Small Cap Stocks
6.14%
Allocation By Credit Quality (Debt)
AAA
AA
UNRATED
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹440.09 Cr | 13.94% |
| Consumer Cyclical | ₹314.22 Cr | 9.95% |
| Technology | ₹220.1 Cr | 6.97% |
| Healthcare | ₹125.15 Cr | 3.96% |
| Basic Materials | ₹123.87 Cr | 3.92% |
| Utilities | ₹84.85 Cr | 2.69% |
| Communication Services | ₹77.26 Cr | 2.45% |
| Industrials | ₹68 Cr | 2.15% |
| Energy | ₹40.11 Cr | 1.27% |
| Real Estate | ₹38.74 Cr | 1.23% |
| Consumer Defensive | ₹28.37 Cr | 0.90% |
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 May 2025
ISIN | INF740KA1TB5 | Expense Ratio | 1.59% | Exit Load | 1.00% | Fund Size | ₹3,158 Cr | Age | 1 year 8 months | 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  |
|---|---|---|---|---|
| Canara Robeco Multi Asset Allocation Fund Direct Growth Very High Risk | - | 1.0% | - | - |
| Canara Robeco Multi Asset Allocation Fund Regular Growth Very High Risk | - | 1.0% | - | - |
| LIC MF Multi Asset Allocation Fund Regular Growth Very High Risk | 0.5% | 1.0% | ₹577.29 Cr | - |
| LIC MF Multi Asset Allocation Fund Regular Growth Very High Risk | 2.3% | 1.0% | ₹577.29 Cr | - |
| Samco Multi Asset Allocation Fund Direct Growth Very High Risk | 0.5% | 1.0% | ₹279.41 Cr | - |
| Samco Multi Asset Allocation Fund Regular Growth Very High Risk | 2.2% | 1.0% | ₹279.41 Cr | - |
| Invesco India Multi Asset Allocation Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹378.34 Cr | - |
| Invesco India Multi Asset Allocation Fund Direct Growth Very High Risk | 0.5% | 1.0% | ₹378.34 Cr | - |
| Union Multi Asset Allocation Fund Regular Growth Very High Risk | 2.2% | 1.0% | ₹798.19 Cr | - |
| Union Multi Asset Allocation Fund Direct Growth Very High Risk | 1.0% | 1.0% | ₹798.19 Cr | - |
About the AMC
Total AUM
₹1,88,100 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
Unlock Expert Insights!
Related Articles
Still got questions?
We're here to help.
What is the current NAV of DSP Multi Asset Allocation Fund Regular Growth?
The NAV of DSP Multi Asset Allocation Fund Regular Growth, as of 17-Jun-2025, is ₹13.60.
What is the portfolio composition of DSP Multi Asset Allocation Fund Regular Growth?
The fund's allocation of assets is distributed as 58.78% in equities, 17.75% in bonds, and 8.56% in cash and cash equivalents.
Who manages the DSP Multi Asset Allocation Fund Regular Growth?
The fund managers responsible for DSP Multi Asset Allocation Fund Regular 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.
©2021-2022 Dezerv. All Rights Reserved
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.
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.