Invest in DSP Multi Asset Allocation Fund Regular IDCW Online

Benchmark: 40% NIFTY500 TRI + 20% NIFTY Com…

71.75K people have invested in this fund

team 71.75K people have invested in this fund as of

This is a Hybrid Multi Asset Allocation fund with 40% NIFTY500 TRI + 20% NIFTY Composite Debt Index + 15% Domestic Price of Physical Gold (based on London Bullion Market Association (LBMA) gold daily spot fixing price) + 5% iCOMDEX Composite Index + 20% MSCI World Index as its benchmark. The risk level for this fund is categorized as Very High Risk.

Total AUM

₹1,924.83 crores as of Jul 31, 2024

Age of Fund

11 months since Sep 27, 2023

Expense Ratio

1.68% as of Aug 30, 2024

Exit Load

Nil: If the units r…

Ideal holding period

10 Years+

Holdings

as of Jul 31, 2024

HDFC Bank Limited

5.06%

ICICI Bank Limited

4.97%

The Communication Services Select Sector SPDR Fund

3.27%

iShares Global Industrials ETF

3.14%

Infosys Limited

2.30%

iShares S & P 500 Energy Sector UCITS ETF

2.15%

iShares Global Healthcare ETF

2.12%

See all 48 holdings

Things to know before you invest

What is in DSP Multi Asset Allocation Fund?

It is a Hybrid scheme which can invest across
o Domestic equities (35-80%)
o Domestic debt (10-50%)
o Gold (10-50%)
o International equities (0-50%)
o Other commodities (0-20%)
o REITs & InvITs (0-10%)
Asset allocation of the fund will be dynamically managed by the fund manager based on various factors like expected returns, volatility, correlation among asset classes etc. Allocation ranges provided above in (brackets) above.
Fund will endeavour to participate more in International & domestic equities during bull market & during bear market fund will endeavour to reduce drawdowns by increasing allocation to debt & gold along with hedging domestic equities.
Investor can get indexation benefit with 20% tax on long term capital gains if holding period is greater than 3 years. Short term capital gains will be taxed at maximum marginal rate of tax based on investor's tax slab.

Why should one invest in DSP Multi Asset Allocation Fund?

Can provide equity like returns over long-term with lower volatility & drawdowns.
Allocation to gold can provide opportunity to generate returns during crisis situations.
Fund can offer smoother investment journey with debt allocation along with opportunity of growth by investing in equities.
It tries to reduce the impact of market fluctuations in the portfolio.
Reduce capital drawdowns during falling markets through debt & gold allocation.
Diversify domestic risk by investing in gold & international equities.
Removes hassle of asset allocation by investor in tax-efficient way.

Who should invest in DSP Multi Asset Allocation Fund?

Retail Investors
- A first-time investor starting his/her investment journey.
- Investors expecting long-term equity-like returns with lower draw-downs.
- A one-stop fund for investors who do not know where to invest.

Rethink before you invest

Fund carries Very High Risk.
Fund will not remove the risks arising from market falls altogether, it aims to reduce the impact & smoothen your journey.
This fund may under-perform the equity market during sudden bull-runs.
Since fund is actively managed, fund can under-perform in short-term if fund managers style doesn?t work.

Fund managers:

Aparna Karnik

Total work experience of 21 years. Managing this fund since September 2023.

See funds managed by her

Total work experience of 21 years. Managing this fund since September 2023.

See funds managed by her

Shantanu Godambe

Total work experience of 17 years. Managing this fund since August 2024.

See funds managed by him

Total work experience of 17 years. Managing this fund since August 2024.

See funds managed by him

Ravi Gehani

Total work experience of 9 years. Managing this fund since September 2023.

See funds managed by him

Total work experience of 9 years. Managing this fund since September 2023.

See funds managed by him

Aparna Karnik is Head-Quantitative Investments and Analytics (QIA). In this capacity, she leads the team that supports and advises on all aspects related to investment risk management. Aparna has 17 years of experience in investment, credit and operations risk management. Prior to joining DSP, she worked with CRISIL Ratings in their Structured Finance Division, Large Corporates Group. She holds a Masters in Management Studies degree from Jamnalal Bajaj Institute of Management Studies.

Sr. No.	Scheme Name	Managing since	Period
Period for which fund's performance has been provided is computed based on last day of the month-end preceding the date of advertisement Different plans shall have a different expense structure. The performance details provided herein are of regular plan. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments

Sr. No.

Scheme Name

Managing since

Period

1 Years

3 Years

5 Years

Scheme return (%)

Benchmark return (%)

Scheme return (%)

Benchmark return (%)

Scheme return (%)

Benchmark return (%)

Period for which fund's performance has been provided is computed based on last day of the month-end preceding the date of advertisement

Different plans shall have a different expense structure. The performance details provided herein are of regular plan.

Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments

Shantanu has a total work experience of Over 16 years. He joined DSP Asset Managers in March 2023 as Vice President in Fixed Income Team. Shantanu has also worked with Yes Bank Ltd as a Rates Trader. He has cleared CFA from CFA Institute, MS (Finance) from ICFAI University and B.Com from Mumbai University.

Sr. No.	Scheme Name	Managing since	Period
Period for which fund's performance has been provided is computed based on last day of the month-end preceding the date of advertisement Different plans shall have a different expense structure. The performance details provided herein are of regular plan. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments

Sr. No.

Scheme Name

Managing since

Period

1 Years

3 Years

5 Years

Scheme return (%)

Benchmark return (%)

Scheme return (%)

Benchmark return (%)

Scheme return (%)

Benchmark return (%)

Period for which fund's performance has been provided is computed based on last day of the month-end preceding the date of advertisement

Different plans shall have a different expense structure. The performance details provided herein are of regular plan.

Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments

Ravi has a total work experience of Over 7.5 years in Commodity Trading, Price risk-Bullions, Product Development & Operations. He joined DSP Investment Managers in April 2022 as Manager in ETFs and Passive Investment team. Ravi has previously worked with Muthoot Exim Pvt Ltd, Latin Manharlal Commodities and S-Ancial Global solutions. He holds a Masters degree in Finance and also holds a Bachelor of Commerce Degree.

Sr. No.	Scheme Name	Managing since	Period
Period for which fund's performance has been provided is computed based on last day of the month-end preceding the date of advertisement Different plans shall have a different expense structure. The performance details provided herein are of regular plan. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments

Sr. No.

Scheme Name

Managing since

Period

1 Years

3 Years

5 Years

Scheme return (%)

Benchmark return (%)

Scheme return (%)

Benchmark return (%)

Scheme return (%)

Benchmark return (%)

Period for which fund's performance has been provided is computed based on last day of the month-end preceding the date of advertisement

Different plans shall have a different expense structure. The performance details provided herein are of regular plan.

Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments

Top holdings

HDFC Bank Limited

5.06%

ICICI Bank Limited

4.97%

The Communication Services Select Sector SPDR Fund

3.27%

iShares Global Industrials ETF

3.14%

Infosys Limited

2.30%

Allocation by Market Cap

Large Cap

54.00%

Uncategorized

27.80%

Small Cap

12.20%

Mid Cap

6.00%

Top Sectors

Mutual-funds

11.95%

Banks

11.72%

It - Software

6.10%

Pharmaceuticals & Biotechnology

4.59%

Finance

2.52%

See all 48 holdings

Top holdings

DSP Gold ETF

15.91%

DSP Silver ETF

4.04%

See all commodity holdings

Top holdings

TREPS / Reverse Repo Investments

5.75%

7.30% GOI 2053

4.05%

Bharti Telecom Limited

2.77%

Bajaj Finance Limited

2.69%

7.18% GOI 2033

2.18%

Cash & cash equivalents

-0.44%

Credit rating profile

SOV

33.90%

Cash & Equivalent

27.70%

AAA

25.80%

AA+

13.40%

Instrument break-up

Bonds & NCDs

38.90%

Government Securities (Central/State)

33.60%

TREPS

27.50%

See all 8 holdings

Indicators

Yield to Maturity

7.29 %

Modified Duration

4.90 Years

Portfolio Macaulay Duration

5.15 Years

Average Maturity

9.24 Years

Portfolio turnover ratio

0.16 last 12 months

Portfolio turnover ratio - Directional Equity

0.05 last 12 months

Chart type

Graph viewTable view

Invested as

Invested Amount

₹

Invested since

This fund

40% NIFTY500 TRI + 20%…

NIFTY 50 TRI

Gold

PPF

	Funds	Annual returns	Current Value	Absolute Growth	IDCW paid

Chart type:

Returns RangesStatistics

Invested Amount

₹

Invested period

Funds	Minimum	Median	Maximum	% times -ve returns	% times returns > 7%

Fund Details

Investment Objective

The investment objective of the Scheme is to seek to generate long term capital appreciation by investing in multi asset classes including equity and equity related securities, debt and money market instruments, commodity ETFs, exchange traded commodity derivatives and overseas securities.
There is no assurance that the investment objective of the Scheme will be achieved.

Fund Type

Hybrid – Multi Asset Allocation

An open ended scheme investing in equity/equity related securities, debt/ money market instruments, commodity ETFs, exchange traded commodity derivatives and overseas securities.

Riskometer

Level of Risk in the fund

View details

Minimum Investment

Rs. 100 Lumpsum
Rs. 100 SIP– 12 instalments
Rs. 100 Minimum Additional Purchase

Fund Documents

KIM and Applications

Name	% of Net Assets
The Communication Services Select Sector SPDR Fund	3.27%
iShares Global Industrials ETF	3.14%
iShares S & P 500 Energy Sector UCITS ETF	2.15%
iShares Global Healthcare ETF	2.12%
The Consumer Staples Select Sector SPDR Fund	1.12%
iShares Global Comm Services ETF	0.15%

Name	% of Net Assets
HDFC Bank Limited	5.06%
ICICI Bank Limited	4.97%
Axis Bank Limited	1.69%

Name	% of Net Assets
Infosys Limited	2.30%
HCL Technologies Limited	1.85%
Tech Mahindra Limited	0.99%
Microsoft Corp	0.96%

Name	% of Net Assets
Sun Pharmaceutical Industries Limited	1.74%
Suven Pharmaceuticals Limited	0.98%
IPCA Laboratories Limited	0.83%
Alembic Pharmaceuticals Limited	0.73%
Alkem Laboratories Limited	0.31%

Name	% of Net Assets
Bajaj Finserv Limited	1.37%
Tencent Holdings Limited	0.87%
IIFL Finance Limited	0.28%

Name	% of Net Assets
Maruti Suzuki India Limited	1.28%
Hero MotoCorp Limited	0.95%
Mahindra & Mahindra Limited	0.24%

Name	% of Net Assets
CIE Automotive India Limited	0.95%
Craftsman Automation Limited	0.67%
Samvardhana Motherson International Limited	0.65%

Name	% of Net Assets
ITC Limited	2.09%

Name	% of Net Assets
NIKE Inc	0.86%
Crompton Greaves Consumer Electricals Limited	0.82%

Name	% of Net Assets
Tata Steel Limited	0.83%
Jindal Steel & Power Limited	0.76%

Name	% of Net Assets
GAIL (India) Limited	1.56%

Name	% of Net Assets
Godrej Consumer Products Limited	1.40%

Name	% of Net Assets
Hindalco Industries Limited	1.30%

Name	% of Net Assets
Hindustan Petroleum Corporation Limited	1.16%

Name	% of Net Assets
Coal India Limited	1.14%

Name	% of Net Assets
Taiwan Semiconductor-Sp Adr	1.12%

Name	% of Net Assets
Sapphire Foods India Limited	0.82%

Name	% of Net Assets
Narayana Hrudayalaya Ltd.	0.78%

Name	% of Net Assets
Oil India Limited	0.76%

Name	% of Net Assets
Alibaba Group Holding Limited	0.70%

Name	% of Net Assets
GMM Pfaudler Limited	0.67%

Name	% of Net Assets
Archean Chemical Industries Limited	0.60%

Name	% of Net Assets
Coromandel International Limited	0.54%

Name	% of Net Assets
NIFTY 23000 Put Sep24	*%
NIFTY 21000 Put Sep24	*%
NIFTY 22500 Put Sep24	*%

Name	% of Net Assets
DSP Gold ETF	15.91%
DSP Silver ETF	4.04%

Name	% of Net Assets
Bharti Telecom Limited	2.77%
Bajaj Finance Limited	2.69%
REC Limited	1.39%
REC Limited	1.30%

Name	% of Net Assets
7.30% GOI 2053	4.05%
7.18% GOI 2033	2.18%
7.06% GOI 2028	0.80%

Name	% of Net Assets
TREPS / Reverse Repo Investments	5.75%

For lumpsum investments, if the investment period is less than 1 year then same return values are displayed for absolute & XIRR. For periods above 1 year, they are annualized. 1 Year is assumed as 365 days.
Returns for investments in income distribution cum capital withdrawal (IDCW) plans of schemes are calculated after assuming that the net income distribution cum capital withdrawal (IDCW) payouts post statutory taxes & levies, are re-invested back in the scheme.
Income distribution cum capital withdrawals (IDCW) declared from benchmark's constituents isn't taken into account when comparing with investment in scheme's income distribution cum capital withdrawal (IDCW) plans.
Performance is always compared against the latest benchmark of the scheme irrespective of the date of change of scheme's benchmark, if any.
Except when SIP tenure is since inception, for all tenures, the start day for SIP investments is considered as 1st of every month. There is no end date to SIPs for the purpose of graphs.
For the purpose of NAV date applicability, if the investment date happens to be a non-business day, next business day's NAV is applied. Investment on inception date can happen on a non-business day.
Gold prices are available post 29 JAN, 2005 & are based on daily closing values on MCX.
PPF interest rate is assumed at 8.7% p.a. & interest received is compounded daily for the returns illustration in the charts.
Tracking Difference is computed as the difference between the performance of the Scheme and its Benchmark in annualised term.
Tracking Difference shall be disclosed only if the Scheme has completed 1 year period.
Fund returns used for computation are net of TER and of Growth option and benchmark returns are of total return index.
For DSP NIFTY 1D Rate Liquid ETF, growth returns are computed based on IDCW plan assuming reinvestment of payouts but gross of statutory taxes & levies and net of TER.

For lumpsum investments, if the investment period is less than 1 year then same return values are displayed for absolute & XIRR. For periods above 1 year, they are annualized. 1 Year is assumed as 365 days.
Returns for investments in income distribution cum capital withdrawal (IDCW) plans of schemes are calculated after assuming that the net income distribution cum capital withdrawal (IDCW) payouts post statutory taxes & levies, are re-invested back in the scheme.
Income distribution cum capital withdrawals (IDCW) declared from benchmark's constituents isn't taken into account when comparing with investment in fund's income distribution cum capital withdrawal (IDCW) plans.
Performance is always compared against the latest benchmark of the fund irrespective of the date of change of fund's benchmark, if any.
Except when SIP tenure is since inception, for all tenures, the start day for SIP investments is considered as 1st of every month. There is no end date to SIPs for the purpose of graphs.
For the purpose of NAV date applicability, if the investment date happens to be a non-business day, next business day's NAV is applied. Investment on inception date can happen on a non-business day.
Gold prices are available post 29 JAN, 2005 & are based on daily closing values on MCX.
Investment in gold has a strong global market demand and gold is highly liquid asset.
PPF interest rate is assumed at 8.7% p.a. & interest received is compounded daily for the returns illustration in the charts.
The comparison with PPF (and other traditional saving instruments/assets) has been given for the purpose of the general information only. Investments in mutual funds should not be construed as a promise, guarantee on or a forecast of any minimum returns. Unlike traditional saving instruments there is no capital protection guarantee or assurance of any return in mutual fund investment. Traditional savings instruments are comparatively low risk products and are generally backed by the Government. Investment in mutual funds carries high risk as compared to the traditional saving instruments and any investment decision needs to be taken only after consulting the Tax Consultant or Mutual Fund Distributor.
Past performance may or may not sustain in future and should not be used as a basis for comparison with other investments. There is no assurance of any returns/capital protection/capital guarantee to the investors in any scheme of DSP Mutual Fund.
The sector(s)/stock(s)/issuer(s) mentioned in this document do not constitute any recommendation of the same and the Fund may or may not have any future position in these sector(s)/stock(s)/issuer(s).
The investment approach / framework/ strategy / portfolio / other data mentioned herein are dated and currently followed by the scheme and the same may change in future depending on market conditions and other factors.
The SIP returns are calculated by XIRR approach assuming investment of Rs. 10,000/- on the 1st working day of every month. XIRR helps in calculating return on investments given an initial and final value and a series of cash infows and outflows with the correct allowance for the time impact of the transactions. Load is not taken into consideration for computation of performance.

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DSP Multi Asset Allocation Fund

DSP Multi Asset Allocation Fund

Things to know before you invest

What is in DSP Multi Asset Allocation Fund?

Why should one invest in DSP Multi Asset Allocation Fund?

Who should invest in DSP Multi Asset Allocation Fund?

Rethink before you invest

Fund managers:

Portfolio

Current Allocation

Indicators

Compare Performance

Invested Amount

Invested Amount

Fund Details

Fund Details

Investment Objective

Fund Type

Riskometer

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Fund Documents

Products Offered

Product Information

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