Dezerv

Fund Overview

Fund Size

Fund Size

₹479 Cr

Expense Ratio

Expense Ratio

0.61%

ISIN

ISIN

INF879O01233

Minimum SIP

Minimum SIP

₹500

Exit Load

Exit Load

1.00%

Inception Date

Inception Date

20 Feb 2024

About this fund

This fund has been in existence for 3 months and 23 days, having been launched on 20-Feb-24.
As of 11-Jun-24, it has a Net Asset Value (NAV) of ₹10.38, Assets Under Management (AUM) of 479.04 Crores, and an expense ratio of 0.61%.
  • Parag Parikh Dynamic Asset Allocation Fund Regular Growth has given a CAGR return of 3.81% since inception.
  • The fund's asset allocation comprises around 16.47% in equities, 53.10% in debts, and 30.42% in cash & cash equivalents.
  • You can start investing in Parag Parikh Dynamic Asset Allocation Fund Regular 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

+3.81%

(Cat Avg.)

Portfolio Summaryas of 30th April 2024

Equity78.9 Cr16.47%
Debt254.37 Cr53.10%
Others145.77 Cr30.43%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Cash Offset For DerivativesCash - General Offset104.44 Cr21.80%
07.70 MH Sgs 2031Bond - Gov't/Treasury25.24 Cr5.27%
Clearing Corporation Of India LtdCash - Repurchase Agreement22.5 Cr4.70%
07.49 MH Sdl 2030Bond - Gov't/Treasury20 Cr4.17%
Parag Parikh Liquid Dir GrMutual Fund - Open End18.15 Cr3.79%
08.22 KA Sdl 2031Bond - Gov't/Treasury15.55 Cr3.25%
07.63 MH Sdl 2030Bond - Gov't/Treasury15.09 Cr3.15%
Telangana (Government of) 7.45%Bond - Sub-sovereign Government Debt14.95 Cr3.12%
Power Grid Corp Of India LtdEquity14.49 Cr3.03%
Petronet LNG LtdEquity14.32 Cr2.99%
Coal India LtdEquity14.21 Cr2.97%
ITC LtdEquity14.15 Cr2.95%
VST Industries LtdEquity12.79 Cr2.67%
Future on Reliance Industries LtdEquity - Future-10.78 Cr2.25%
Reliance Industries LtdEquity10.71 Cr2.24%
Future on Zee Entertainment Enterprises LtdEquity - Future-10.51 Cr2.19%
Zee Entertainment Enterprises LtdEquity10.45 Cr2.18%
08.37 Tn SDL 2029Bond - Gov't/Treasury10.35 Cr2.16%
07.76 MH Sgs 2030Bond - Gov't/Treasury10.13 Cr2.11%
07.69 MH Sdl 2031Bond - Gov't/Treasury10.09 Cr2.11%
Tamil Nadu (Government of) 7.68%Bond - Sub-sovereign Government Debt10.09 Cr2.11%
Andhra Pradesh (Government of) 7.7%Bond - Sub-sovereign Government Debt10.07 Cr2.10%
Power Finance Corporation LimitedBond - Corporate Bond10.06 Cr2.10%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond9.93 Cr2.07%
Rec LimitedBond - Corporate Bond9.93 Cr2.07%
06.95 Tn SDL 2031Bond - Gov't/Treasury9.72 Cr2.03%
06.52 KA Sdl 2030Bond - Gov't/Treasury9.51 Cr1.98%
Swaraj Engines LtdEquity9.5 Cr1.98%
Punjab National BankBond - Gov't Agency Debt9.46 Cr1.98%
Union Bank of IndiaBond - Gov't Agency Debt9.42 Cr1.97%
HDFC Bank LimitedCash - CD/Time Deposit9.41 Cr1.96%
HDFC Bank LtdEquity9.2 Cr1.92%
Net Receivables / (Payables)Cash-8.72 Cr1.82%
State Bank of IndiaEquity8.43 Cr1.76%
Future on State Bank of IndiaEquity - Future-8.39 Cr1.75%
Hdfc Bank Limited May 2024 FutureEquity - Future-6.24 Cr1.30%
Future on Axis Bank LtdEquity - Future-5.57 Cr1.16%
Axis Bank LtdEquity5.54 Cr1.16%
08.68 AP Sdl 2030Bond - Gov't/Treasury5.3 Cr1.11%
Future on NTPC LtdEquity - Future-5.29 Cr1.10%
NTPC LtdEquity5.23 Cr1.09%
07.86 MH Sdl 2030Bond - Gov't/Treasury5.09 Cr1.06%
07.83 MH Sdl 2030Bond - Gov't/Treasury5.08 Cr1.06%
07.77 GJ Sdl 2031Bond - Gov't/Treasury5.07 Cr1.06%
HCL Technologies LtdEquity5.07 Cr1.06%
Future on HCL Technologies LtdEquity - Future-5.06 Cr1.06%
07.75 Tn SDL 2030Bond - Gov't/Treasury5.06 Cr1.06%
Future on Bharat Electronics LtdEquity - Future-5 Cr1.04%
Gujarat (Government of) 7.38%Bond - Sub-sovereign Government Debt4.97 Cr1.04%
Bharat Electronics LtdEquity4.93 Cr1.03%
Future on Steel Authority Of India LtdEquity - Future-4.93 Cr1.03%
Steel Authority Of India LtdEquity4.86 Cr1.01%
Future on Aarti Industries LtdEquity - Future-4.85 Cr1.01%
Aarti Industries LtdEquity4.82 Cr1.01%
India (Republic of)Bond - Short-term Government Bills4.76 Cr0.99%
06.53 KA Sdl 2030Bond - Gov't/Treasury4.76 Cr0.99%
06.33 Tn SDL 2030Bond - Gov't/Treasury4.72 Cr0.98%
Future on Kotak Mahindra Bank LtdEquity - Future-4.71 Cr0.98%
Future on Hindustan Petroleum Corp LtdEquity - Future-4.7 Cr0.98%
Hindustan Petroleum Corp LtdEquity4.68 Cr0.98%
Kotak Mahindra Bank LtdEquity4.68 Cr0.98%
Future on Tata Consultancy Services LtdEquity - Future-3.83 Cr0.80%
Tata Consultancy Services LtdEquity3.81 Cr0.80%
Hdfc Bank Limited June 2024 FutureEquity - Future-2.93 Cr0.61%
Future on Larsen & Toubro LtdEquity - Future-2.82 Cr0.59%
Larsen & Toubro LtdEquity2.8 Cr0.59%
Future on JSW Steel LtdEquity - Future-2.76 Cr0.58%
JSW Steel LtdEquity2.74 Cr0.57%
Future on The Federal Bank LtdEquity - Future-2.62 Cr0.55%
Future on Tata Motors LtdEquity - Future-2.61 Cr0.54%
The Federal Bank LtdEquity2.6 Cr0.54%
Future on Bajaj Finserv LtdEquity - Future-2.6 Cr0.54%
Tata Motors LtdEquity2.59 Cr0.54%
Bajaj Finserv LtdEquity2.58 Cr0.54%
Future on Canara BankEquity - Future-2.2 Cr0.46%
Canara BankEquity2.18 Cr0.46%
Future on IndusInd Bank LtdEquity - Future-2.06 Cr0.43%
IndusInd Bank LtdEquity2.05 Cr0.43%
Future on Divi's Laboratories LtdEquity - Future-1.37 Cr0.29%
Divi's Laboratories LtdEquity1.36 Cr0.28%
Infosys Limited May 2024 FutureEquity - Future-0.69 Cr0.14%
Infosys LtdEquity0.68 Cr0.14%
Future on RBL Bank LtdEquity - Future-0.59 Cr0.12%
RBL Bank LtdEquity0.59 Cr0.12%
Future on Tata Steel LtdEquity - Future-0.55 Cr0.11%
Tata Steel LtdEquity0.54 Cr0.11%
Future on Piramal Enterprises LtdEquity - Future-0.49 Cr0.10%
Piramal Enterprises LtdEquity0.49 Cr0.10%
Future on Vodafone Idea LtdEquity - Future-0.22 Cr0.05%
Vodafone Idea LtdEquity0.21 Cr0.04%
Future on Dabur India LtdEquity - Future-0.06 Cr0.01%
Dabur India LtdEquity0.06 Cr0.01%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Energy43.92 Cr9.17%
Financial Services38.33 Cr8.00%
Consumer Defensive27.01 Cr5.64%
Utilities19.72 Cr4.12%
Basic Materials12.97 Cr2.71%
Consumer Cyclical12.08 Cr2.52%
Communication Services10.66 Cr2.23%
Technology9.56 Cr2.00%
Industrials7.73 Cr1.61%
Healthcare1.36 Cr0.28%

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

Rajeev Thakkar

Since February 2024

Raunak Onkar

Raunak Onkar

Since February 2024

RT

Rukun Tarachandani

Since February 2024

MK

Mansi Kariya

Since February 2024

Additional Scheme Detailsas of 30th April 2024

ISININF879O01233Expense Ratio0.61%Exit Load1.00%Fund Size₹479 CrAge20 Feb 2024Lumpsum Minimum₹5,000Fund StatusOpen Ended Investment CompanyBenchmarkCRISIL Hybrid 50+50 - Moderate TR INR

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

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.

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Risk Level

Your principal amount will be at Moderate Risk

Moderate Risk
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The NAV of Parag Parikh Dynamic Asset Allocation Fund Regular Growth, as of 11-Jun-2024, is ₹10.38.
The fund's allocation of assets is distributed as 16.47% in equities, 53.10% in bonds, and 30.42% in cash and cash equivalents.
The fund managers responsible for Parag Parikh Dynamic Asset Allocation Fund Regular Growth are:-
  1. Raj Mehta
  2. Rajeev Thakkar
  3. Raunak Onkar
  4. Rukun Tarachandani
  5. Mansi Kariya