Direct
NAV (25-Jul-24)
₹10.650.19%1D
Returns (Since Inception)
6.50%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹743 Cr
Expense Ratio
0.31%
ISIN
INF879O01266
Minimum SIP
₹500
Exit Load
1.00%
Inception Date
20 Feb 2024
About this fund
This fund has been in existence for 5 months and 6 days, having been launched on 20-Feb-24.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹10.65, Assets Under Management (AUM) of 742.93 Crores, and an expense ratio of 0.31%.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹10.65, Assets Under Management (AUM) of 742.93 Crores, and an expense ratio of 0.31%.
- Parag Parikh Dynamic Asset Allocation Fund Direct Growth has given a CAGR return of 6.50% since inception.
- The fund's asset allocation comprises around 16.22% in equities, 48.93% in debts, and 34.84% in cash & cash equivalents.
- You can start investing in Parag Parikh Dynamic Asset Allocation Fund Direct Growth with a SIP of ₹500 or a Lumpsum investment of ₹5000.
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
+6.50%
— (Cat Avg.)
Portfolio Summaryas of 30th June 2024
| Equity | ₹120.49 Cr | 16.22% |
| Debt | ₹363.51 Cr | 48.93% |
| Others | ₹258.92 Cr | 34.85% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Cash Offset For Derivatives | Cash - General Offset | ₹186.53 Cr | 25.11% |
| Clearing Corporation Of India Ltd | Cash - Repurchase Agreement | ₹47.4 Cr | 6.38% |
| Future on Tata Motors Ltd | Equity - Future | ₹-36.55 Cr | 4.92% |
| Tata Motors Ltd Class A | Equity | ₹34.99 Cr | 4.71% |
| Hdfc Bank Limited July 2024 Future | Equity - Future | ₹-34.95 Cr | 4.70% |
| HDFC Bank Ltd | Equity | ₹34.73 Cr | 4.67% |
| Parag Parikh Liquid Dir Gr | Mutual Fund - Open End | ₹34.48 Cr | 4.64% |
| 07.70 MH Sgs 2031 | Bond - Gov't/Treasury | ₹25.45 Cr | 3.42% |
| Punjab National Bank | Bond - Gov't Agency Debt | ₹23.44 Cr | 3.16% |
| HDFC Bank Ltd. | Bond - Corporate Bond | ₹23.26 Cr | 3.13% |
| Petronet LNG Ltd | Equity | ₹22.89 Cr | 3.08% |
| Power Grid Corp Of India Ltd | Equity | ₹22.42 Cr | 3.02% |
| Coal India Ltd | Equity | ₹22.33 Cr | 3.01% |
| ITC Ltd | Equity | ₹22.14 Cr | 2.98% |
| Swaraj Engines Ltd | Equity | ₹20.54 Cr | 2.76% |
| 07.49 MH Sdl 2030 | Bond - Gov't/Treasury | ₹20.14 Cr | 2.71% |
| 06.98 Tn SDL 2031 | Bond - Gov't/Treasury | ₹19.61 Cr | 2.64% |
| Net Receivables / (Payables) | Cash | ₹-18.87 Cr | 2.54% |
| 08.22 KA Sdl 2031 | Bond - Gov't/Treasury | ₹15.65 Cr | 2.11% |
| 07.63 MH Sdl 2030 | Bond - Gov't/Treasury | ₹15.19 Cr | 2.05% |
| Telangana (Government of) 7.45% | Bond - Sub-sovereign Government Debt | ₹15.08 Cr | 2.03% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹14.95 Cr | 2.01% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹14.91 Cr | 2.01% |
| Future on Kotak Mahindra Bank Ltd | Equity - Future | ₹-14.01 Cr | 1.89% |
| Kotak Mahindra Bank Ltd | Equity | ₹13.92 Cr | 1.87% |
| VST Industries Ltd | Equity | ₹12.68 Cr | 1.71% |
| 08.37 Tn SDL 2029 | Bond - Gov't/Treasury | ₹10.4 Cr | 1.40% |
| 07.83 MH Sdl 2030 | Bond - Gov't/Treasury | ₹10.22 Cr | 1.38% |
| 07.76 MH Sgs 2030 | Bond - Gov't/Treasury | ₹10.2 Cr | 1.37% |
| 07.69 MH Sdl 2031 | Bond - Gov't/Treasury | ₹10.17 Cr | 1.37% |
| 07.70 MH Sgs 2030 | Bond - Gov't/Treasury | ₹10.17 Cr | 1.37% |
| Tamil Nadu (Government of) 7.68% | Bond - Sub-sovereign Government Debt | ₹10.17 Cr | 1.37% |
| Andhra Pradesh (Government of) 7.7% | Bond - Sub-sovereign Government Debt | ₹10.15 Cr | 1.37% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹10.05 Cr | 1.35% |
| Rec Limited | Bond - Corporate Bond | ₹9.95 Cr | 1.34% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹9.94 Cr | 1.34% |
| 06.95 Tn SDL 2031 | Bond - Gov't/Treasury | ₹9.8 Cr | 1.32% |
| 06.52 KA Sdl 2030 | Bond - Gov't/Treasury | ₹9.59 Cr | 1.29% |
| Future on Bharat Electronics Ltd | Equity - Future | ₹-9.58 Cr | 1.29% |
| Bharat Electronics Ltd | Equity | ₹9.5 Cr | 1.28% |
| Kotak Mahindra Bank Limited | Cash - CD/Time Deposit | ₹9.38 Cr | 1.26% |
| Future on State Bank of India | Equity - Future | ₹-8.72 Cr | 1.17% |
| State Bank of India | Equity | ₹8.66 Cr | 1.17% |
| Future on NTPC Ltd | Equity - Future | ₹-8.57 Cr | 1.15% |
| NTPC Ltd | Equity | ₹8.51 Cr | 1.15% |
| Future on Reliance Industries Ltd | Equity - Future | ₹-8.19 Cr | 1.10% |
| Reliance Industries Ltd | Equity | ₹8.14 Cr | 1.10% |
| Future on Bajaj Finance Ltd | Equity - Future | ₹-6.63 Cr | 0.89% |
| Bajaj Finance Ltd | Equity | ₹6.58 Cr | 0.89% |
| 08.68 AP Sdl 2030 | Bond - Gov't/Treasury | ₹5.33 Cr | 0.72% |
| Future on Axis Bank Ltd | Equity - Future | ₹-5.17 Cr | 0.70% |
| Axis Bank Ltd | Equity | ₹5.14 Cr | 0.69% |
| 07.86 MH Sdl 2030 | Bond - Gov't/Treasury | ₹5.12 Cr | 0.69% |
| 07.77 GJ Sdl 2031 | Bond - Gov't/Treasury | ₹5.11 Cr | 0.69% |
| 07.75 Tn SDL 2030 | Bond - Gov't/Treasury | ₹5.09 Cr | 0.69% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹5.03 Cr | 0.68% |
| Gujarat (Government of) 7.38% | Bond - Sub-sovereign Government Debt | ₹5.01 Cr | 0.67% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹5 Cr | 0.67% |
| 07.09 KA Sdl 2030 | Bond - Gov't/Treasury | ₹4.94 Cr | 0.67% |
| Titan Company Limited July 2024 Future | Equity - Future | ₹-4.92 Cr | 0.66% |
| Titan Co Ltd | Equity | ₹4.89 Cr | 0.66% |
| India (Republic of) | Bond - Short-term Government Bills | ₹4.82 Cr | 0.65% |
| 06.53 KA Sdl 2030 | Bond - Gov't/Treasury | ₹4.8 Cr | 0.65% |
| 06.33 Tn SDL 2030 | Bond - Gov't/Treasury | ₹4.76 Cr | 0.64% |
| Future on Aarti Industries Ltd | Equity - Future | ₹-4.49 Cr | 0.60% |
| Aarti Industries Ltd | Equity | ₹4.46 Cr | 0.60% |
| Future on Bajaj Finserv Ltd | Equity - Future | ₹-4.23 Cr | 0.57% |
| Bajaj Finserv Ltd | Equity | ₹4.21 Cr | 0.57% |
| Future on Hindustan Petroleum Corp Ltd | Equity - Future | ₹-3.38 Cr | 0.46% |
| Hindustan Petroleum Corp Ltd | Equity | ₹3.36 Cr | 0.45% |
| Future on Hindustan Unilever Ltd | Equity - Future | ₹-3.21 Cr | 0.43% |
| Hindustan Unilever Ltd | Equity | ₹3.19 Cr | 0.43% |
| Future on Tata Steel Ltd | Equity - Future | ₹-3.18 Cr | 0.43% |
| Tata Steel Ltd | Equity | ₹3.16 Cr | 0.43% |
| JSW Steel Ltd | Equity | ₹2.89 Cr | 0.39% |
| Future on JSW Steel Ltd | Equity - Future | ₹-2.89 Cr | 0.39% |
| Future on The Federal Bank Ltd | Equity - Future | ₹-2.85 Cr | 0.38% |
| The Federal Bank Ltd | Equity | ₹2.84 Cr | 0.38% |
| Future on Larsen & Toubro Ltd | Equity - Future | ₹-2.79 Cr | 0.38% |
| Larsen & Toubro Ltd | Equity | ₹2.77 Cr | 0.37% |
| Future on Bharti Airtel Ltd | Equity - Future | ₹-2.62 Cr | 0.35% |
| Bharti Airtel Ltd | Equity | ₹2.61 Cr | 0.35% |
| Future on Hindalco Industries Ltd | Equity - Future | ₹-2.44 Cr | 0.33% |
| Hindalco Industries Ltd | Equity | ₹2.43 Cr | 0.33% |
| Future on Steel Authority Of India Ltd | Equity - Future | ₹-2.16 Cr | 0.29% |
| Steel Authority Of India Ltd | Equity | ₹2.14 Cr | 0.29% |
| Future on Bandhan Bank Ltd | Equity - Future | ₹-2.13 Cr | 0.29% |
| Future on Canara Bank | Equity - Future | ₹-2.11 Cr | 0.28% |
| Bandhan Bank Ltd | Equity | ₹2.11 Cr | 0.28% |
| Canara Bank | Equity | ₹2.1 Cr | 0.28% |
| Future on Tata Consultancy Services Ltd | Equity - Future | ₹-1.85 Cr | 0.25% |
| Tata Consultancy Services Ltd | Equity | ₹1.84 Cr | 0.25% |
| Future on Maruti Suzuki India Ltd | Equity - Future | ₹-1.82 Cr | 0.24% |
| Maruti Suzuki India Ltd | Equity | ₹1.81 Cr | 0.24% |
| Future on Hindustan Copper Ltd | Equity - Future | ₹-1.78 Cr | 0.24% |
| Hindustan Copper Ltd | Equity | ₹1.77 Cr | 0.24% |
| Future on IndusInd Bank Ltd | Equity - Future | ₹-1.62 Cr | 0.22% |
| IndusInd Bank Ltd | Equity | ₹1.61 Cr | 0.22% |
| Future on Divi's Laboratories Ltd | Equity - Future | ₹-1.39 Cr | 0.19% |
| Divi's Laboratories Ltd | Equity | ₹1.38 Cr | 0.19% |
| Indus Towers Limited July 2024 Future | Equity - Future | ₹-1.03 Cr | 0.14% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹1.02 Cr | 0.14% |
| Piramal Enterprises Ltd | Equity | ₹0.49 Cr | 0.07% |
| Future on Piramal Enterprises Ltd | Equity - Future | ₹-0.48 Cr | 0.07% |
| Future on Vodafone Idea Ltd | Equity - Future | ₹-0.29 Cr | 0.04% |
| Vodafone Idea Ltd | Equity | ₹0.29 Cr | 0.04% |
| Future on DLF Ltd | Equity - Future | ₹-0.2 Cr | 0.03% |
| DLF Ltd | Equity | ₹0.2 Cr | 0.03% |
| Future on RBL Bank Ltd | Equity - Future | ₹-0.13 Cr | 0.02% |
| RBL Bank Ltd | Equity | ₹0.13 Cr | 0.02% |
| Future on Zydus Lifesciences Ltd | Equity - Future | ₹-0.1 Cr | 0.01% |
| Zydus Lifesciences Ltd | Equity | ₹0.1 Cr | 0.01% |
| Future on Dabur India Ltd | Equity - Future | ₹-0.08 Cr | 0.01% |
| Dabur India Ltd | Equity | ₹0.08 Cr | 0.01% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹82.51 Cr | 11.11% |
| Consumer Cyclical | ₹62.21 Cr | 8.37% |
| Energy | ₹56.72 Cr | 7.63% |
| Consumer Defensive | ₹38.09 Cr | 5.13% |
| Utilities | ₹30.93 Cr | 4.16% |
| Basic Materials | ₹16.85 Cr | 2.27% |
| Industrials | ₹12.27 Cr | 1.65% |
| Communication Services | ₹3.91 Cr | 0.53% |
| Technology | ₹1.84 Cr | 0.25% |
| Healthcare | ₹1.48 Cr | 0.20% |
| Real Estate | ₹0.2 Cr | 0.03% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
7.32%
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
0.83
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.62
Higher the better
Fund Managers
RM
Raj Mehta
Since February 2024
Rajeev Thakkar
Since February 2024
Raunak Onkar
Since February 2024
RT
Rukun Tarachandani
Since February 2024
MK
Mansi Kariya
Since February 2024
Additional Scheme Detailsas of 30th June 2024
ISIN | INF879O01266 | Expense Ratio | 0.31% | Exit Load | 1.00% | Fund Size | ₹743 Cr | Age | 20 Feb 2024 | Lumpsum Minimum | ₹5,000 | Fund Status | Open Ended Investment Company | Benchmark | CRISIL Hybrid 50+50 - Moderate TR INR |
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
Withdrawal within 1 year
Flat 15% tax on realised gains (STCG - short term capital gains)
Withdrawal after 1 year
10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)
Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Dynamic Asset Allocation Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Motilal Oswal Balance Advantage Fund Regular Growth Very High Risk | 2.2% | 1.0% | ₹1226.73 Cr | 25.9% |
| Motilal Oswal Balance Advantage Fund Direct Growth Very High Risk | 1.0% | 1.0% | ₹1226.73 Cr | 27.4% |
| Quant Dynamic Asset Allocation Fund Direct Growth Very High Risk | 0.7% | 1.0% | ₹1196.62 Cr | 57.3% |
| Quant Dynamic Asset Allocation Fund Regular Growth Very High Risk | 2.1% | 1.0% | ₹1196.62 Cr | 54.9% |
| Bandhan Balanced Advantage Fund Direct Growth Moderately High risk | 0.6% | 1.0% | ₹2264.44 Cr | 20.0% |
| Bandhan Balanced Advantage Fund Regular Growth Moderately High risk | 1.9% | 1.0% | ₹2264.44 Cr | 18.5% |
| Mahindra Manulife Balanced Advantage Fund Regular Growth Very High Risk | 2.3% | 1.0% | ₹738.59 Cr | 26.1% |
| Mahindra Manulife Balanced Advantage Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹738.59 Cr | 28.3% |
| Mirae Asset Balanced Advantage Fund Direct Growth High Risk | 0.7% | 1.0% | ₹1655.04 Cr | 21.5% |
| Mirae Asset Balanced Advantage Fund Regular Growth High Risk | 2.1% | 1.0% | ₹1655.04 Cr | 19.8% |
Risk Level
Your principal amount will be at Moderately High risk
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What is the current NAV of Parag Parikh Dynamic Asset Allocation Fund Direct Growth?
The NAV of Parag Parikh Dynamic Asset Allocation Fund Direct Growth, as of 25-Jul-2024, is ₹10.65.
What is the portfolio composition of Parag Parikh Dynamic Asset Allocation Fund Direct Growth?
The fund's allocation of assets is distributed as 16.22% in equities, 48.93% in bonds, and 34.84% in cash and cash equivalents.
Who manages the Parag Parikh Dynamic Asset Allocation Fund Direct Growth?
The fund managers responsible for Parag Parikh Dynamic Asset Allocation Fund Direct Growth are:-
- Raj Mehta
- Rajeev Thakkar
- Raunak Onkar
- Rukun Tarachandani
- Mansi Kariya
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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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.