NAV as on 23-04-2025
₹ 11.26
▲0.1%
1D
Inception Returns
10.6%
/yr
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.
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%.
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.
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 benefitLong term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).
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 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.
Expense ratio | 0.34% |
Benchmark | Nifty 500 TR INR |
AUM | ₹1761 Cr |
Inception Date | 20 February, 2024 |
Min Lumpsum/SIP | ₹5000/₹1000 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 127.38% |
STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
Risk | Moderate Risk |
as on (23-Apr-25)
as on (31-Mar-25)
Top 3 Sectors in March were Government, Energy & Financial Services
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% |
AAA | 100 |