Dezerv

Fund Overview

Fund Size

Fund Size

₹3,158 Cr

Expense Ratio

Expense Ratio

1.59%

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 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%.
  • 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

Equity1,856.21 Cr58.78%
Debt560.37 Cr17.75%
Others741.28 Cr23.47%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
DSP Gold ETFMutual Fund - ETF348.97 Cr11.05%
Treps / Reverse Repo InvestmentsCash - Repurchase Agreement217.75 Cr6.90%
DSP Silver ETFMutual Fund - ETF132.43 Cr4.19%
HDFC Bank LtdEquity119.27 Cr3.78%
ICICI Bank LtdEquity118.71 Cr3.76%
7.3% Govt Stock 2053Bond - Gov't/Treasury109.31 Cr3.46%
The Comm Svcs Sel Sect SPDR® ETFMutual Fund - ETF75.96 Cr2.41%
iShares Global Industrials ETFMutual Fund - ETF70.47 Cr2.23%
7.09% Govt Stock 2054Bond - Gov't/Treasury63.37 Cr2.01%
Microsoft CorpEquity56.68 Cr1.79%
Angel One Ltd Ordinary SharesEquity55.05 Cr1.74%
Bharti Telecom LimitedBond - Corporate Bond53.09 Cr1.68%
7.81% Govt Stock 2033Bond - Gov't/Treasury52.67 Cr1.67%
Bajaj Finserv LtdEquity51.08 Cr1.62%
6.9% Govt Stock 2065Bond - Gov't/Treasury50.78 Cr1.61%
Infosys LtdEquity50.74 Cr1.61%
HCL Technologies LtdEquity48.33 Cr1.53%
DSP Nifty PSU Bank ETFMutual Fund - ETF45.57 Cr1.44%
Power Grid Corp Of India LtdEquity43.23 Cr1.37%
Indus Towers Ltd Ordinary SharesEquity42.49 Cr1.35%
GAIL (India) LtdEquity41.62 Cr1.32%
Hindalco Industries LtdEquity41.05 Cr1.30%
Brookfield Corp Registered Shs -A- Limited VtgEquity40.64 Cr1.29%
Amazon.com IncEquity40.18 Cr1.27%
Oberoi Realty LtdEquity38.74 Cr1.23%
Tata Motors LtdEquity38.35 Cr1.21%
iShares S&P 500 Energy Sect ETF USD AccMutual Fund - ETF37.43 Cr1.19%
iShares Global Healthcare ETFMutual Fund - ETF37.28 Cr1.18%
Alibaba Group Holding Ltd Ordinary SharesEquity34.96 Cr1.11%
Tencent Holdings LtdEquity34.78 Cr1.10%
SK Hynix IncEquity33.59 Cr1.06%
Airbnb Inc Ordinary Shares - Class AEquity33.41 Cr1.06%
Axis Bank LtdEquity33.31 Cr1.05%
Novo Nordisk AS ADREquity32.92 Cr1.04%
Schneider Electric SEEquity32.19 Cr1.02%
Nike Inc Class BEquity31.23 Cr0.99%
Hindustan Petroleum Corp LtdEquity30.88 Cr0.98%
Sony Group CorpEquity30.76 Cr0.97%
8.17% Govt Stock 2044Bond - Gov't/Treasury30.16 Cr0.96%
Sun Pharmaceuticals Industries LtdEquity28.47 Cr0.90%
Godrej Consumer Products LtdEquity28.37 Cr0.90%
Power Finance Corporation LimitedBond - Corporate Bond27.1 Cr0.86%
7.34% Govt Stock 2064Bond - Gov't/Treasury26.81 Cr0.85%
7.59% Govt Stock 2031Bond - Gov't/Treasury26.49 Cr0.84%
Power Finance Corporation LimitedBond - Corporate Bond26.48 Cr0.84%
Bajaj Finance LimitedBond - Corporate Bond26.27 Cr0.83%
Bharti Telecom LimitedBond - Corporate Bond26.26 Cr0.83%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond25.9 Cr0.82%
Contemporary Amperex Technology Co Ltd Class AEquity25.77 Cr0.82%
Maruti Suzuki India LtdEquity25.76 Cr0.82%
NMDC LtdEquity24.55 Cr0.78%
Bharti Telecom LimitedCash - Commercial Paper24.34 Cr0.77%
The Consumer Staples Sel SectSPDR® ETFMutual Fund - ETF23.32 Cr0.74%
Mahindra & Mahindra Financial Services LtdEquity22.02 Cr0.70%
Narayana Hrudayalaya LtdEquity20.87 Cr0.66%
Hero MotoCorp LtdEquity20.36 Cr0.64%
Hindustan Zinc LtdEquity19.02 Cr0.60%
Crompton Greaves Consumer Electricals LtdEquity18.61 Cr0.59%
Craftsman Automation LtdEquity17.84 Cr0.56%
Samvardhana Motherson International LtdEquity17.81 Cr0.56%
Sapphire Foods India LtdEquity17.33 Cr0.55%
Cohance Lifesciences LtdEquity16.78 Cr0.53%
CIE Automotive India LtdEquity16.27 Cr0.52%
7.06% Govt Stock 2028Bond - Gov't/Treasury15.67 Cr0.50%
Tata Steel LtdEquity15.64 Cr0.50%
Ipca Laboratories LtdEquity14.64 Cr0.46%
Jindal Steel & Power LtdEquity14.01 Cr0.44%
Alembic Pharmaceuticals LtdEquity11.45 Cr0.36%
GMM Pfaudler LtdEquity10.05 Cr0.32%
Cash MarginCash10 Cr0.32%
Archean Chemical Industries LtdEquity9.59 Cr0.30%
Oil India LtdEquity9.23 Cr0.29%
Net Receivables/PayablesCash4.6 Cr0.15%
iShares Global Comm Services ETFMutual Fund - ETF3.57 Cr0.11%
Citibank N.A. 28 Jun 2025 (Duration - 30 Days)Cash3.07 Cr0.10%
ITC Hotels LtdEquity2.11 Cr0.07%
Nifty 23500 Put Jun25**Equity - Future0.82 Cr0.03%
Mahindra & Mahindra Financial Services Limited - Rights^Equity - Warrants/Rights (Call)0.7 Cr0.02%
Nifty 23000 Put Jun25**Equity - Future0.47 Cr0.01%

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

SectorAmount sortHoldings sort
Financial Services440.09 Cr13.94%
Consumer Cyclical314.22 Cr9.95%
Technology220.1 Cr6.97%
Healthcare125.15 Cr3.96%
Basic Materials123.87 Cr3.92%
Utilities84.85 Cr2.69%
Communication Services77.26 Cr2.45%
Industrials68 Cr2.15%
Energy40.11 Cr1.27%
Real Estate38.74 Cr1.23%
Consumer Defensive28.37 Cr0.90%

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

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 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

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 nameExpense RatioExit LoadFund 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

Fund nameExpense RatioExit LoadFund size
1Y
DSP Multicap Fund Direct Growth

Low Risk

0.6%1.0%₹2262.92 Cr3.3%
DSP Nifty Smallcap250 Quality 50 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹255.48 Cr1.4%
DSP Banking & Financial Services Fund Direct Growth

Very High Risk

0.7%0.0%₹1290.21 Cr22.4%
DSP Gold ETF Fund of Fund Direct Growth

High Risk

0.7%0.0%₹91.70 Cr37.4%
DSP Multi Asset Allocation Fund Direct Growth

Very High Risk

0.3%1.0%₹3157.86 Cr15.0%
DSP FMP - Series 264 - 60M - 17D Direct Growth

Low to Moderate Risk

-0.0%₹51.43 Cr9.0%
DSP FMP Series 267 - 1246 Days Direct Growth

Low to Moderate Risk

-0.0%₹688.46 Cr8.4%
DSP FMP Series 261 37 Month Direct Growth

Moderate Risk

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

Low to Moderate Risk

-0.0%₹180.35 Cr8.4%
DSP FMP Series 268 - 1281 Days Direct Growth

Low to Moderate Risk

--₹122.54 Cr8.3%
DSP FMP Series 252 38 Month Direct Growth

Moderate Risk

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

Low to Moderate Risk

0.3%0.0%₹4104.46 Cr9.6%
DSP Dynamic Asset Allocation Fund Direct Growth

Moderately High risk

0.7%1.0%₹3396.57 Cr8.9%
DSP Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹1441.79 Cr6.4%
DSP Nifty 50 Index Fund Direct Growth

Very High Risk

0.2%0.0%₹739.23 Cr6.2%
DSP Nifty Next 50 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹1008.00 Cr-7.4%
DSP Healthcare Fund Direct Growth

Very High Risk

0.6%0.0%₹2961.36 Cr16.0%
DSP Global Allocation Fund Direct Growth

Very High Risk

0.4%0.0%₹683.95 Cr9.9%
DSP Low Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹5229.96 Cr8.3%
DSP Value Fund Direct Growth

Very High Risk

0.9%1.0%₹1001.23 Cr9.2%
DSP Nifty SDL Plus G-Sec Jun 2028 30:70 Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹2172.74 Cr9.9%
DSP Bond Fund Direct Growth

Moderately High risk

0.4%0.0%₹312.37 Cr10.3%
DSP Flexi Cap Fund Direct Growth

Very High Risk

0.7%1.0%₹11836.70 Cr6.1%
DSP Government Securities Direct Growth

Moderate Risk

0.6%0.0%₹1903.95 Cr8.7%
DSP Equity & Bond Fund Direct Growth

Very High Risk

0.7%1.0%₹11104.36 Cr11.7%
DSP Focus Fund Direct Growth

Very High Risk

1.0%1.0%₹2576.32 Cr7.0%
DSP Credit Risk Fund Direct Growth

Moderately High risk

0.4%1.0%₹209.55 Cr24.1%
DSP India TIGER Fund Direct Growth

Very High Risk

0.9%1.0%₹5319.48 Cr-5.4%
DSP Liquidity Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹17751.61 Cr7.3%
DSP Regular Saving Fund Direct Growth

Moderate Risk

0.5%0.0%₹173.25 Cr10.7%
DSP Small Cap Fund Direct Growth

Very High Risk

0.9%1.0%₹16304.77 Cr9.9%
DSP Ultra Short Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹4010.78 Cr8.1%
DSP Short Term Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹3417.96 Cr9.8%
DSP Midcap Fund Direct Growth

Very High Risk

0.8%1.0%₹18712.25 Cr1.9%
DSP Natural Resource & New Energy Fund Direct Growth

Very High Risk

1.1%0.0%₹1291.71 Cr-4.1%
DSP Equity Opportunities Fund Direct Growth

Very High Risk

0.7%1.0%₹15012.64 Cr5.6%
DSP Strategic Bond Fund Direct Growth

Moderate Risk

0.5%0.0%₹1601.04 Cr8.7%
DSP Savings Fund Direct Growth

Moderate Risk

0.2%0.0%₹4517.13 Cr7.9%
DSP Tax Saver Fund Direct Growth

Very High Risk

0.7%0.0%₹16973.99 Cr7.6%
DSP World Agriculture Direct Growth

Very High Risk

1.5%0.0%₹12.18 Cr7.1%
DSP Top 100 Equity Fund Direct Growth

Very High Risk

1.0%1.0%₹6036.43 Cr10.9%
DSP US Flexible Equity Fund Direct Growth

Very High Risk

1.6%0.0%₹866.46 Cr15.1%
DSP World Energy Direct Growth

Very High Risk

1.5%0.0%₹84.88 Cr3.8%
DSP World Gold Fund of Fund Direct Growth

Very High Risk

1.7%0.0%₹1195.92 Cr73.7%
DSP World Mining Direct Growth

Very High Risk

1.5%0.0%₹126.67 Cr10.7%
DSP Equity Savings Fund Direct Growth

Moderately High risk

0.4%0.0%₹2995.31 Cr10.1%
DSP Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹6473.70 Cr7.6%
DSP Corporate Bond Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹2647.14 Cr9.2%
DSP 10Y G-Sec Fund Direct Growth

Moderate Risk

0.3%0.0%₹59.86 Cr10.9%
DSP Nifty SDL Plus G-Sec Sep 2027 50:50 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹85.90 Cr9.6%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk
Wealth Monitor

Unlock Expert Insights!

Maximise Returns with our Wealth Monitor App. Try it now!

Still got questions?
We're here to help.

The NAV of DSP Multi Asset Allocation Fund Regular Growth, as of 17-Jun-2025, is ₹13.60.
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.
The fund managers responsible for DSP Multi Asset Allocation Fund Regular Growth are:-
  1. Aparna Karnik
  2. Ravi Gehani
  3. Shantanu Godambe