DSP Multi Asset Allocation Fund Direct Growth

DSP Multi Asset Allocation Fund Direct Growth

Hybrid

Direct

Multi Asset Allocation

NAV as on 21-11-2024

₹ 12.77

0.2%

1D

Inception Returns

23.8%

/yr

About DSP Multi Asset Allocation Fund Direct Growth

DSP Multi Asset Allocation Fund Direct Growth is a hybrid fund. This fund was started on 29 September, 2023. The fund is managed by Jay Kothari. This fund gives you the benefit of diversification.

Key Parameters

  1. DSP Multi Asset Allocation Fund Direct Growth has ₹2273 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
  2. The fund has an expense ratio 0.3.

Returns

DSP Multi Asset Allocation Fund Direct Growth has given a CAGR return of 23.82% since inception. Over the last 1 year the fund has given a CAGR return of 23.94%.

Holdings

DSP Multi Asset Allocation Fund Direct Growth has allocated its funds majorly in Government, Corporate, Financial Services, Cash Equivalent, Tech, Consumer Cyclical, Health, Basic Materials, Communication, Consumer Defensive, Utilities, Energy, Industrial, Derivatives, Real Estate.

Taxation

As it is a multi asset allocation mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
For short term (less than a year) capital gains will be taxed at 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

Investment objective of DSP Multi Asset Allocation Fund Direct Growth

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 realized.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. DSP Multi Asset Allocation Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
1477 people have invested ₹ 1.8Cr in DSP Multi Asset Allocation Fund Direct Growth in the last three months

DSP Multi Asset Allocation Fund Direct Growth Overview

Expense ratio0.27%
Benchmark
null
AUM₹2273 Cr
Inception Date29 September, 2023
Min Lumpsum/SIP₹100/₹100
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
1.9%
STCGSelling within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (21-Nov-24)

Period
DSP Multi Asset Allocation Fund Direct Growth
Multi Asset Allocation Index
1M
-2.7%
-
3M
1%
-
6M
6.8%
-
1Y
23.9%
-

Fund Distribution

as on (31-Oct-24)

  • Equity 59.2%

  • Debt & Cash 25%

Large cap
31.5%

Small cap
5.9%

Mid cap
3.6%

Sector Allocation

Oct'24

Sep'24

Aug'24

Financial Services
24.4%
Tech
15%
Consumer Cyclical
12.3%
Health
10.1%
Basic Materials
8%
Communication
7.7%
Consumer Defensive
6.6%
Utilities
5.6%
Energy
5.2%
Industrial
5.1%
Real Estate
0%
All changes are between Oct'69 and Dec'69
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 2.2K Cr
₹ 2.2K Cr
₹ 2.1K Cr
  • AUM of the fund stands at 2.2K Cr as of Oct'24
  • AUM has remained same between Oct'24 and Sep'24

Top 3 Sectors in October were Corporate, Government & Financial Services

Oct'24
Government
47%
Corporate
32%
Financial Services
24%
Sep'24
Corporate
38%
Government
36%
Financial Services
23%
  • Equity

  • Debt & Cash

Holdings
Weight%
1M Change
DSP Gold ETF
DSP Gold ETF
12.93%
1.9%
HDFC Bank Ltd
HDFC Bank Ltd
4.96%
0%
ICICI Bank Ltd
ICICI Bank Ltd
4.75%
0%
DSP Silver ETF
DSP Silver ETF
3.23%
21.1%
The Comm Svcs Sel Sect SPDR® ETF
The Comm Svcs Sel Sect SPDR® ETF
2.98%
0%
Fund
Oct'24
Sep'24
Aug'24
No of Holdings
64
64
63
Top 5 Company Concentration
15.8%
16.6%
16%
Company having highest exposure
HDFC Bank Ltd (5%)
HDFC Bank Ltd (5.1%)
HDFC Bank Ltd (4.9%)
No of Sectors
14
14
13
Top 5 Sectors Concentration
131%
127.3%
123.7%
Sector having highest exposure
Government (47.3%)
Corporate (38.2%)
Government (36.8%)
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Jay Kothari
Jay Kothari
Fund Manager of DSP Multi Asset Allocation Fund Direct Growth, since 28 September 2023
Fund House
DSP Asset Managers Private Limited
Total Schemes
Total AUM
₹1.28L Cr
as on 30-Sep-2023
Address
India
Phone
91-22-66578000
Website
service@dspblackrock.com

DSP Multi Asset Allocation Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 23.82% since inception which is more than its category average return of 12.07%
Fund Allocations

Fund Allocations

This fund has an allocation of 59.21% in Equity, 19.98% in Debt and 5.07% in Cash related instruments
AUM size ₹2273 Cr

AUM size ₹2273 Cr

This fund has AUM of ₹2273 Cr which is less than its category average of ₹ 3896 Cr
Expense Ratio 0.27%

Expense Ratio 0.27%

This fund has an expense ratio of 0.27% which is less than its category average expense ratio of 1.21%

Frequently Asked Questions for DSP Multi Asset Allocation Fund Direct Growth

The current NAV of DSP Multi Asset Allocation Fund Direct Growth is ₹12.77 as on 21-Nov-2024.
Existing (Absolute + CAGR) as on 21-Nov-2024.
DSP Multi Asset Allocation Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
-2.66%
-2.66%
6 Month Returns
6.83%
6.83%
1 Year Returns
23.94%
23.94%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.27% as on October 2024
₹2273 Cr as on October 2024
DSP Gold ETF(12.93%), HDFC Bank Ltd(4.96%), ICICI Bank Ltd(4.75%), 7.3% Govt Stock 2053(3.52%), DSP Silver ETF(3.23%) as on October 2024
Government(19.28%), Financial Services(14.46%), Corporate(13.09%) as on October 2024
AAA
88.01
AA
11.99
Jay Kothari is the fund manager of DSP Multi Asset Allocation Fund Direct Growth
The Exit load of DSP Multi Asset Allocation Fund Direct Growth is 1%