DSP Multi Asset Allocation Fund Direct Growth
Hybrid
Direct
Multi Asset Allocation
NAV as on 31-10-2024
₹ 12.97
1D
Inception Returns
27%
/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
- DSP Multi Asset Allocation Fund Direct Growth has ₹2195 Cr worth of assets under management (AUM) as on Sep 2024 and is less than category average.
- The fund has an expense ratio 0.3.
Returns
DSP Multi Asset Allocation Fund Direct Growth has given a CAGR return of 26.96% since inception. Over the last 1 year the fund has given a CAGR return of 30.01%.
Holdings
DSP Multi Asset Allocation Fund Direct Growth has allocated its funds majorly in Corporate, Government, Cash Equivalent, Financial Services, Tech, Consumer Cyclical, Health, Communication, Consumer Defensive, Basic Materials, Energy, Industrial, Utilities, 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 benefitGains 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
DSP Multi Asset Allocation Fund Direct Growth Overview
| Expense ratio | 0.29% |
Benchmark | null |
| AUM | ₹2195 Cr |
| Inception Date | 29 September, 2023 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 1.9% |
| STCG | Selling within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Very High Risk |
Trailing Returns
as on (31-Oct-24)
Fund Distribution
as on (30-Sep-24)
- AUM of the fund stands at 2.1K Cr as of Sep'24
- AUM has remained same between Sep'24 and Aug'24
Top 3 Sectors in September were Government, Corporate & Financial Services
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 DSP Gold ETF | 12.46% | -19.8% | |
 HDFC Bank Ltd | 5.13% | 5.7% | |
 ICICI Bank Ltd | 4.85% | 4% | |
 The Comm Svcs Sel Sect SPDR® ETF | 3.02% | 0% | |
iShares Global Industrials ETF | 2.91% | 0% |
DSP Multi Asset Allocation Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹2195 Cr
Expense Ratio 0.29%
Frequently Asked Questions for DSP Multi Asset Allocation Fund Direct Growth
DSP Multi Asset Allocation Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -1.71% | -1.71% |
6 Month Returns | 11.39% | 11.39% |
1 Year Returns | 30.01% | 30.01% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
- 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.
AAA | 86.75 |
AA | 13.25 |