3 Year return

11.04%
Launched on January 2014 (10 years)

Investment Details

₹100

Minimum SIP Amount

₹100

Minimum one time investment

Fund has no lock-in period

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Risk Involved

scale

Your principal will be at

Moderately High Risk

Scheme Information

Asset Under Management

₹3125.59 Cr.

Expense Ratio

0.74% (inclusive of GST)

Exit Load

If the units redeemed of switched out are upto 10% of the units (the limit) purchased or switched-in within 12 months from the date allotment:NIL 1.00% - If redeemed/switched out within 12 months from the date of allotment. Nil - If redeemed/switched out after 12 months from the date of allotment.

Ratings

ARQ Rating
1

Ratings by other agencies

4
0
3

Tax Implications

Withdrawal within 1 year

Exit load + 15% tax on gains

Withdrawal after 1 year

10% tax on gains over ₹1 Lakh per financial year

Fund Holdings

Holdings

DSP Mutual Fund Managers

AB

Atul Bhole

Fund Manager since Jun 2016

View Details

Fund House Details

DSP Mutual Fund

DSP Mutual Fund Asset management company

AUM ₹148,081.58 Cr.
No. of Schemes 183
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by DSP Mutual Fund

List of mutual fund schemes by AMC

Funds 3 Years Returns
scheme logo

Debt . Gilt Fund with 10 year Constant duration

DSP 10Y G-Sec Fund Direct Plan Growth

3.88%
scheme logo

Debt . Gilt Fund with 10 year Constant duration

DSP 10Y G-Sec Fund Direct Plan IDCW Monthly Payout

3.88%
scheme logo

Debt . Gilt Fund with 10 year Constant duration

DSP 10Y G-Sec Fund Direct Plan IDCW Monthly Reinvestment

3.88%
scheme logo

Debt . Gilt Fund with 10 year Constant duration

DSP 10Y G-Sec Fund Direct Plan IDCW Quarterly Payout

3.86%
scheme logo

Debt . Gilt Fund with 10 year Constant duration

DSP 10Y G-Sec Fund Direct Plan IDCW Payout

3.67%

About DSP Dynamic Asset Allocation Fund Direct Plan-Growth

DSP Dynamic Asset Allocation Fund Direct-Growth, a product of the DSP Mutual Fund, is a Dynamic Asset Allocation mutual fund. Positioned as a Hybrid, Dynamic Asset Allocation fund, it uses the CRISIL Hybrid 50+50 - Moderate Index as its benchmark. Notably, the fund is designated as being of a Moderately High-Risk level. A standout feature of this fund is its strategic response to evolving market conditions. Instead of a static investment strategy, it dynamically adjusts its equity and debt instrument ratios. When market surges lead to overvalued stocks, the fund wisely reduces its equity exposure, and conversely, during market slumps, it augments its equity investment. This strategic flexibility embodies the fundamental investment axiom: 'buy low, sell high'.

Investment Objective of the Scheme

The driving force behind the DSP Dynamic Asset Allocation Fund is its objective to yield capital appreciation. This is achieved by astutely managing asset allocation between equity and fixed-income securities. The fund's allocation strategy is dynamically influenced by the comparative valuations of the equity and debt markets, ensuring an optimal balance.

Key Features of The Fund

5-year return 12.18%
Expense Ratio 0.74%
Fund Manager Atul Bhole
Fund Size ₹3125.59 Cr
Risk Profile Moderately High

Is This Scheme Right for Me?

If you've been eyeing the equity markets with interest, but aren't sure where to start, the DSP Dynamic Asset Allocation Fund Direct-Growth could be an excellent choice. It's especially fitting for those who appreciate the structure and believe that a logical, emotion-free asset allocation strategy might fare better than attempting to time the market. This fund can be ideal for individuals who value rules-based investing strategies that seek to maximise potential returns.

AMC Contact Details

Name DSP Mutual Fund
Launch Date May 1996
Addresss NATRAJ, Office No. 302, 3rd Floor, Plot No - 194, MV Road Junction, Western Express Highway, Andheri (East) Mumbai
Contact 7738000030
Email service@dspim.com
Website https://www.dspim.com/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

Plan Your Dream, Achieve Your Goal

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FAQs

What is today's NAV of DSP Dynamic Asset Allocation Fund?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of DSP Dynamic Asset Allocation Fund Jun 14 2024 is 28.608

What is the AUM of DSP Dynamic Asset Allocation Fund?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of DSP Dynamic Asset Allocation Fund is 3125.59 crore.

What is the expense ratio of DSP Dynamic Asset Allocation Fund?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of DSP Dynamic Asset Allocation Fund is 0.74%

What are the returns of DSP Dynamic Asset Allocation Fund since inception?

The DSP Dynamic Asset Allocation Fund was launched on Jan 17 2014. The fund has delivered a CAGR of 10.68 since inception.

What is the minimum SIP amount to invest in DSP Dynamic Asset Allocation Fund?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for DSP Dynamic Asset Allocation Fund is 100.

How do I invest in DSP Dynamic Asset Allocation Fund?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in DSP Dynamic Asset Allocation Fund?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in DSP Dynamic Asset Allocation Fund?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in DSP Dynamic Asset Allocation Fund?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.