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3 star

DSP Dynamic Asset Allocation Fund - Regular Plan download report


1 Lakh

Investment Grown to
₹ 1.24 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.90 Lakh

Suitability:

"When you invest for five years or more, you can expect gains that beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.

Dynamic Asset Allocation or Balanced Advantage funds invest your money in equity shares and bonds though their proportions are not fixed. The fund management team may increase of decrease the allocation to equity shares depending upon their market outlook.

These funds tend to fall less than pure equity funds when the stock markets decline because of their debt allocation. This makes them suitable for conservative equity investors.

Like for all equity-linked investments, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other balanced hybrid fund, if you need to redeem your investment in less than five years."

Taxability of earnings:

The tax treatment of this fund may vary depending upon its asset allocation. It will be taxed in the following manner based on its average asset allocation in the last 12 months.

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
DSP Dynamic Asset Allocation Reg-G -5.88 -1.06 0.22 -3.54 -4.56 -6.33 -0.46 7.42 6.47 7.21 --
VR Balanced TRI -5.41 -0.09 0.49 -4.66 -5.22 -7.29 7.84 12.50 11.73 10.49 --
Hybrid: Dynamic Asset Allocation -4.84 -1.16 0.22 -4.08 -3.76 -5.64 4.20 9.32 7.16 7.74 --
Rank within category 18 11 15 13 19 17 23 15 8 7 --
Number of funds in category 28 29 29 29 29 28 25 21 13 11 6

As on 19-May-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
DSP Dynamic Asset Allocation Fund - Regular Plan  | Invest Online
3 star
Feb-14 -0.46 7.42 6.47 1.96% 4,649
ICICI Prudential Balanced Advantage Fund  | Invest Now
4 star
Dec-06 6.70 11.13 9.49 1.66% 39,761
ICICI Prudential Asset Allocator (FOF) Fund  | Invest Now
4 star
Dec-03 7.58 12.21 10.95 1.18% 15,636
Kotak Balanced Advantage Fund - Regular Plan  | Invest Online
4 star
Aug-18 3.34 10.01 -- 1.75% 13,573
Edelweiss Balanced Advantage Fund - Regular Plan  | Invest Online
5 star
Aug-09 4.90 13.26 10.28 1.93% 8,008

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 7.32 01-Apr-2020 - 09-Apr-2020 -10.33 16-Mar-2020 - 23-Mar-2020
Month 10.81 24-Mar-2020 - 23-Apr-2020 -19.30 20-Feb-2020 - 23-Mar-2020
Quarter 19.71 24-Mar-2020 - 23-Jun-2020 -17.08 23-Dec-2019 - 23-Mar-2020
Year 37.86 23-Mar-2020 - 23-Mar-2021 -10.61 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
DSP Dynamic Asset Allocation Reg-G 8.88 10.88 0.49 0.55 0.56 -0.60
VR Balanced TRI 14.19 17.86 0.60 0.69 -- --
Hybrid: Dynamic Asset Allocation 10.70 12.36 0.59 0.70 0.63 0.49
Rank within category 15 5 16 14 7 15
Number of funds in category 21 21 21 21 21 21

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 30-Apr-2022

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 119
Top 10 Holdings (%) 28.94
Top 5 Holdings (%) 17.27
Top 3 Sectors (%) 22.80
Portfolio P/B Ratio 3.84
Portfolio P/E Ratio 26.53
Avg Credit Rating AAA

Value Research Equity Fund Style

Value Research Debt Fund Style

Credit Rating vis-à-vis Category

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Top Debt Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal 5.05% Indian Oil Corporation 25/11/2022 Debenture AAA 2.18 - 2.84 2.26
equal HDFC 19/05/2022 Non Convertible Debenture AAA 1.66 - 2.16 1.72
equal REC 2023 Bonds AAA 0.00 - 1.79 1.67
new Axis Bank 2023 Certificate of Deposit A1+ 0.00 - 1.55 1.55
equal SIDBI 23/03/2023 Commercial Paper A1+ 0.00 - 1.54 1.54
equal 6.80% Hindustan Petroleum Corporation 15/12/2022 Debenture AAA 1.08 - 1.50 1.12
new 7.37% GOI 16/04/2023 GOI Securities SOV 0.00 - 1.10 1.10
equal 5.32% LIC Housing Fin. 30/11/2023 Debenture AAA 0.00 - 1.09 1.09
equal Reserve Bank of India 364-D 16/06/2022 Treasury Bills SOV 0.00 - 1.20 1.07
new Reserve Bank of India 364-D 24/11/2022 Treasury Bills SOV 0.00 - 1.05 1.05
new HDFC Bank 2023 Certificate of Deposit A1+ 0.00 - 1.03 1.03
equal Bank of Baroda 14/02/2023 Certificate of Deposit A1+ 0.00 - 1.03 1.03
equal Reserve Bank of India 364-D 16/03/2023 Treasury Bills SOV 0.00 - 1.03 1.03
equal 6.59% Indian Railway Finance Corporation 14/04/2023 Debenture AAA 0.98 - 1.36 1.01
equal Reserve Bank of India 182-D 16/06/2022 Treasury Bills SOV 0.00 - 1.01 1.01
new Reserve Bank of India 182-D 04/08/2022 Treasury Bills SOV 0.00 - 0.77 0.77
new Reserve Bank of India 182-D 21/07/2022 Treasury Bills SOV 0.00 - 0.75 0.75
equal 8.02% Larsen & Toubro 22/05/2022 Non Convertible Debenture AAA 0.56 - 0.73 0.58
equal Hindustan Petroleum Corporation 14/08/2024 Debenture AAA 0.56 - 0.78 0.58
equal 6.40% National Bank Agr. Rur. Devp 31/07/2023 Non Convertible Debenture AAA 0.55 - 0.76 0.57
equal 7.35% GOI 22/06/2024 Central Government Loan SOV 0.00 - 0.57 0.57
equal 7.32% GOI 28/01/2024 GOI Securities SOV 0.00 - 0.56 0.56
equal 8.35% GOI 2022 GOI Securities SOV 0.00 - 0.65 0.56
equal 7.10% Bajaj Finance 2023 Debenture AAA 0.00 - 0.55 0.55
equal 6.55% NTPC 17/04/2023 Debenture AAA 0.55 - 0.73 0.55

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

Sector Allocation vis-à-vis Category

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Top Equity Holdings

Company Sector P/E 3Y High 3Y Low % Assets
up HDFC Bank Financial 19.27 6.86 1.78 4.07
up Bajaj Finance Financial 49.76 6.42 1.02 3.46
down ICICI Bank Financial 19.64 6.85 0.66 3.45
up Adani Ports and Special Economic Zone Services 32.35 3.17 0.00 3.17
equal Adani Enterprises Services 326.38 3.12 0.00 3.12
up Infosys Technology 27.70 5.21 0.00 2.76
up Reliance Industries Energy 29.23 8.69 0.00 2.47
equal Avenue Supermarts Services 157.44 2.49 0.27 2.28
down Axis Bank Financial 14.64 2.16 0.44 1.90
equal Indusind Bank Financial 14.46 3.74 0.00 1.62
equal HCL Technologies Technology 20.68 1.63 0.00 1.53
equal Asian Paints Materials 98.42 2.71 1.06 1.45
equal Ultratech Cement Materials 24.14 3.90 0.92 1.44
down Tata Steel Metals & Mining 3.56 2.57 0.00 1.34
equal Havells India Capital Goods 64.31 1.72 0.00 1.25
up Maruti Suzuki India Automobile 59.08 1.30 0.09 1.24
equal Polycab India Capital Goods 42.04 1.19 0.00 1.02
down HDFC Financial 17.68 5.15 0.00 0.96
equal Bajaj Finserv Financial 43.87 5.25 0.00 0.95
equal HDFC Life Insurance Insurance 86.73 2.64 0.00 0.93
equal JSW Steel Metals & Mining 7.05 1.13 0.00 0.88
equal Tata Motors Automobile -- 0.90 0.00 0.83
equal APL Apollo Tubes Metals & Mining 41.24 0.82 0.00 0.82
up Zee Entertainment Services 21.65 0.86 0.00 0.80
equal Motherson Sumi Systems Automobile 38.33 1.20 0.00 0.79

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 30-Apr-2022

Fund Manager

— Abhishek Ghosh since 01-Jan-2021

Education: Mr. Ghosh is a MBA Finance, BE (Electronics)

Experience: Prior to joining DSP Mutual Fund, he has worked with Motilal Oswal Securities, IDFC securities Ltd, BNP Paribas, B&K Securities, Edelweiss Securities.

Funds Managed:

— Laukik Bagwe since 17-Jul-2021

Education: Mr. Bagwe is a B.Com (H) and PGDBA (Finance)

Experience: Prior to joining DSP Mutual Fund he has worked with Derivium Capital and Securities Pvt. Ltd. and with Birla Sun Life Securities Ltd.

Funds Managed:

— Atul Bhole since 14-Feb-2018

Education: Mr. Bhole is a B.Com (H), Chartered Accountant and MMS.

Experience: Prior to joining DSP Mutual Fund he has worked with Tata Mutual Fund, JP Morgan Services Pvt. Ltd. and SBI Treasury.

Interviews:

Funds Managed:


0.71%

Change from previous, NAV as on 20-May-2022

Growth: ₹ 18.8900

IDCW Monthly: ₹ 11.3790


Investment Strategy

The Scheme seeks to generate income and capital appreciation by primarily investing in a portfolio of high quality debt and money market securities that are issued by banks and public sector entities/undertakings.

Investment Details

Min. Investment (₹) 500
Min. Addl Investment (₹) 500
Min. SIP Investment (₹) 500
Min. No of Cheques 12
Min. Withdrawal (₹) 500
Min. Balance (₹) 500
Lock-in Period Not Applicable
Exit Load For units in excess of 10% of the investment,1% will be charged for redemption within 364 days

Basic Details

Fund House: DSP Mutual Fund
Launch Date: 06-Feb-2014
Return Since Launch: 7.89%
Benchmark: CRISIL Hybrid 50+50 Moderate Index
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 4,649 Cr (As on 30-Apr-2022)
Expense: 1.96% (As on 31-Mar-2022)
Risk Grade: Below Average
Return Grade: Average
Turnover: 483.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Monthly28-Apr-20220.0500

 28-Mar-20220.0500
 28-Feb-20220.0500
 28-Jan-20220.0500
 28-Dec-20210.0500
 26-Nov-20210.0500
 28-Oct-20210.0500
 28-Sep-20210.0500
 27-Aug-20210.0500
 28-Jul-20210.0500
 28-Jun-20210.0500
 28-May-20210.0500
 28-Apr-20210.0500
 26-Mar-20210.0500
 26-Feb-20210.0500
 28-Jan-20210.0500
 28-Dec-20200.0500
 27-Nov-20200.0482
 28-Oct-20200.0462
 28-Sep-20200.0451
 28-Aug-20200.0462
 28-Jul-20200.0450
 26-Jun-20200.0443
 28-Feb-20200.0397
 27-Sep-20190.0627

Contact Information

AMC: DSP Investment Managers Pvt. Ltd.

Address: NATRAJ, Office No. 302-3rd Floor-Plot No. 194, MV Road Junction Western Express Highway, Andheri East Mumbai - 400069

Phone: 1800-208-4499 / 1800-200-4499

Fax: 022-56578181

Website: https://www.dspim.com/

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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