Parag Parikh Dynamic Asset Allocation Fund Direct Growth

Parag Parikh Dynamic Asset Allocation Fund Direct Growth

NAV as on 23-04-2025

₹ 11.26

0.1%

1D

Inception Returns

10.6%

/yr

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
1592 people have invested ₹ 7Cr in Parag Parikh Dynamic Asset Allocation Fund Direct Growth in the last three months

About Parag Parikh Dynamic Asset Allocation Fund Direct Growth

Parag Parikh Dynamic Asset Allocation Fund Direct Growth is a hybrid fund. This fund was started on 20 February, 2024. The fund is managed by Raunak Onkar, Rajeev Thakkar, Raj Mehta. This fund gives you the benefit of diversification.

Key Parameters

  1. Parag Parikh Dynamic Asset Allocation Fund Direct Growth has ₹1761 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
  2. The fund has an expense ratio 0.3.

Returns

Parag Parikh Dynamic Asset Allocation Fund Direct Growth has given a CAGR return of 10.63% since inception. Over the last 1 year the fund has given a CAGR return of 10.99%.

Holdings

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

Taxation

As it is a dynamic 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 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Long term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

Investment objective of Parag Parikh Dynamic Asset Allocation Fund Direct Growth

The investment objective of the Scheme is to generate income/ long-term capital appreciation by investing in equity, equity derivatives, fixed income instruments. The allocation between equity instruments and fixed income will be managed dynamically so as to provide investors with long term capital appreciation while managing downside risk. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. Parag Parikh Dynamic Asset Allocation Fund Direct Growth has no lock in period.

Parag Parikh Dynamic Asset Allocation Fund Direct Growth Overview

Expense ratio0.34%
Benchmark
Nifty 500 TR INR
AUM₹1761 Cr
Inception Date20 February, 2024
Min Lumpsum/SIP₹5000/₹1000
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
127.38%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Moderate Risk

Trailing Returns

as on (23-Apr-25)

Period
Parag Parikh Dynamic Asset Allocation Fund Direct Growth
Dynamic Asset Allocation Index
1M
2.2%
2.2%
3M
3.2%
1.7%
6M
4%
-1.2%
1Y
11%
6.7%

Fund Distribution

as on (31-Mar-25)

  • Equity 13.1%

  • Debt & Cash 86.9%

Large cap
28.7%

Mid cap
4.7%

Small cap
3.4%

Sector Allocation

Mar'25

Feb'25

Jan'25

Dec'24

Nov'24

Oct'24

Financial Services
26.9%
Energy
26.8%
Consumer Cyclical
11.6%
Basic Materials
8.9%
Utilities
7.8%
Consumer Defensive
7.3%
Industrial
6.7%
Tech
1.4%
Communication
1.2%
Real Estate
0.9%
Health
0.4%
All changes are between Oct'69 and Dec'69
Parameters
Mar'25
Feb'25
Jan'25
AUM
₹ 1.8K Cr
₹ 1.6K Cr
₹ 1.5K Cr
  • AUM of the fund stands at 1.8K Cr as of Mar'25
  • AUM increased by 113.6 Cr between Mar'25 and Feb'25
Top Stocks bought last month
National Housing Bank's allocation increased from 0.72% to 1.09%
National Housing Bank's allocation increased from 0.72% to 1.09%
National Bank For Agriculture And Rural Development's allocation increased from 0.72% to 1.08%
National Bank For Agriculture And Rural Development's allocation increased from 0.72% to 1.08%
Rural Electrification Corporation Limited's allocation increased from 0.36% to 0.72%
Rural Electrification Corporation Limited's allocation increased from 0.36% to 0.72%

Top 3 Sectors in March were Government, Energy & Financial Services

Mar'25
Government
48%
Financial Services
27%
Energy
27%
Feb'25
Government
49%
Energy
28%
Financial Services
28%
  • Equity

  • Debt & Cash

Holdings
Weight%
1M Change
Reliance Industries Ltd
Reliance Industries Ltd
4.54%
0%
Coal India Ltd
Coal India Ltd
2.67%
-8.9%
Petronet LNG Ltd
Petronet LNG Ltd
2.64%
0%
ITC Ltd
ITC Ltd
2.56%
0%
Power Grid Corp Of India Ltd
Power Grid Corp Of India Ltd
2.53%
-10.2%
  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
Parag Parikh Dynamic Asset Allocation Fund Direct Growth
Parag Parikh Dynamic Asset Allocation Fund Direct Growth
10.99%
-
-
10.63%
Axis Balanced Advantage Fund Direct Growth
Axis Balanced Advantage Fund Direct Growth
15.49%
15.59%
15.76%
11.31%
Kotak Balanced Advantage Fund Direct Growth
Kotak Balanced Advantage Fund Direct Growth
12.61%
13.11%
16.64%
12.16%
ICICI Prudential Balanced Advantage Fund Direct Plan Growth
ICICI Prudential Balanced Advantage Fund Direct Plan Growth
11.55%
13.64%
17.86%
13.24%
Fund
Mar'25
Feb'25
Jan'25
No of Holdings
201
185
175
Top 5 Company Concentration
14.9%
15.4%
17%
Company having highest exposure
Reliance Industries Ltd (4.5%)
Reliance Industries Ltd (4.6%)
Reliance Industries Ltd (5%)
No of Sectors
13
13
13
Top 5 Sectors Concentration
127.6%
129.5%
128.4%
Sector having highest exposure
Government (48.2%)
Government (48.8%)
Government (47.6%)
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Raunak Onkar
Raunak Onkar
Fund Manager of Parag Parikh Dynamic Asset Allocation Fund Direct Growth, since 20 February 2024
Top funds managed
Rajeev Thakkar
Rajeev Thakkar
Fund Manager of Parag Parikh Dynamic Asset Allocation Fund Direct Growth, since 20 February 2024
Top funds managed
Raj Mehta
Raj Mehta
Fund Manager of Parag Parikh Dynamic Asset Allocation Fund Direct Growth, since 20 February 2024
Top funds managed
Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Parag Parikh Flexi Cap Direct Growth
19.53%
15.33%
Parag Parikh ELSS Tax Saver Fund Direct Growth
19.27%
15.93%
Parag Parikh Liquid Fund Direct Growth
6.5%
6.43%
Fund House
PPFAS Asset Management Pvt. Ltd
Total Schemes
Total AUM
₹1L Cr
as on 31-Mar-2025
Address
PPFAS Asset Management Pvt. Ltd.,Great Western Building, 1st Floor,,130/132, S.B.S. Marg, Opp. Lion Gate,,Fort,
Phone
+912261406555
Website
swapnil@ppfas.com

Parag Parikh Dynamic Asset Allocation Fund Direct Growth Highlights

Risk meter
pointer

Moderate Risk

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

About the fund

This fund has delivered an average annual returns of 10.63% since inception which is more than its category average return of 10.2%
Fund Allocations

Fund Allocations

This fund has an allocation of 13.12% in Equity, 45.76% in Debt and 41.12% in Cash related instruments
AUM size ₹1761 Cr

AUM size ₹1761 Cr

This fund has AUM of ₹1761 Cr which is less than its category average of ₹ 9806 Cr
Expense Ratio 0.34%

Expense Ratio 0.34%

This fund has an expense ratio of 0.34% which is less than its category average expense ratio of 1.33%

Frequently Asked Questions for Parag Parikh Dynamic Asset Allocation Fund Direct Growth

The current NAV of Parag Parikh Dynamic Asset Allocation Fund Direct Growth is ₹11.26 as on 23-Apr-2025.
Existing (Absolute + CAGR) as on 23-Apr-2025.
Parag Parikh Dynamic Asset Allocation Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
2.16%
2.16%
6 Month Returns
4%
4%
1 Year Returns
10.99%
10.99%
3 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.
0.34% as on March 2025
₹1761 Cr as on March 2025
Reliance Industries Ltd(4.54%), Parag Parikh Liquid Dir Gr(3.41%), Coal India Ltd(2.67%), Petronet LNG Ltd(2.64%), ITC Ltd(2.56%) as on March 2025
Government(41.87%), Cash Equivalent(32.76%), Corporate(12.25%) as on March 2025
AAA
100
Raunak Onkar, Rajeev Thakkar, Raj Mehta are the fund managers of Parag Parikh Dynamic Asset Allocation Fund Direct Growth
The Exit load of Parag Parikh Dynamic Asset Allocation Fund Direct Growth is 1%