Mutual Funds
AMC
DSP Multi Asset Allocation Fund - Direct (IDCW)

DSP Multi Asset Allocation Fund - Direct (IDCW)

Multi Asset Allocation

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NAV
13.46(0.27%)
Fund Size (CR)
₹3,645.39
Expense Ratio
0.28
Scheme Type
Active Fund
Value Research

Min. investment
₹100
Minimum Additional Investment
₹0
Minimum SIP Investment
₹100
Minimum Withdrawal
₹1
Exit Load
1% of applicable Net Asset Value - If the amount sought to be redeemed or switch out is invested for a period of up to 3 months from the date of allotment Nil - If the amount, sought to be redeemed or switch out is invested for a period of more than 3 months from the date of allotment
0%
Return Since Launch
19.97%

Absolute Return: 2.95%

Annualized Return: 0%

Basic Details

Scheme Manager

Aparna Karnik

Bench Mark

40% NIFTY500 TRI + 20% NIFTY Composite Debt Index + 15% Domestic Price of Physical Gold (based on (LBMA) gold daily spot fixing price) + 5% iCOMDEX Composite Index + 20% MSCI World Index

Type

OPEN

Lumpsum Returns

Period Invested For	₹10,000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	7 August 2025	10042.41	0.42%	-	0.61%	83/118
1 Month	14 July 2025	9981.30	-0.19%	-	-0.34%	51/114
3 Month	14 May 2025	10350.44	3.50%	-	2.61%	19/110
6 Month	14 February 2025	10927.09	9.27%	-	9.58%	69/110
1 Year	14 August 2024	11381.27	13.81%	13.81%	7.38%	4/96
3 Year	-	-	0%	-	15.83%	-/-
5 Year	-	-	0%	-	17.60%	-/-
Since Inception	27 September 2023	14088.30	40.88%	19.97%	12.52%	3/118

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For	₹10,000 Invested on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	3 September 2024	1,20,000	131528.29	9.61%	9.61%
3 Year	-	-	-	-	-
5 Year	-	-	-	-	-
10 Year	-	-	-	-	-

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

Investment type
Scheme based

SIP
Lumpsum

Monthly Investment (₹)

Expected Returns Rate (%)

Time Period (in Years)

Start your SIP now

Invested Amount
₹25,000
Estimated Returns
₹19,059

76%

Returns

Future value of your investment

₹44,059

Risk Ratios

1.76%

Standard Deviation

0.40%

Beta

2.38%

Sharpe Ratio

0.08%

Treynor's Ratio

11.47%

Jension's Alpha

Asset Allocation

Sector Allocation

Top 10 stock holding in portfolio

Stock Invested in	% of Total Holdings	Quantity	Value (Cr)	Asset Type	Segment
HDFC Bank	3.40%	613230	123.76	Equity	Banks
ICICI Bank	3.34%	821100	121.64	Equity	Banks
Bharti Airtel	1.89%	359000	68.72	Equity	Telecomm-Service
Infosys	1.86%	449694	67.86	Equity	IT - Software
Bajaj Finserv	1.45%	271699	52.93	Equity	Finance
Angel One	1.38%	193350	50.29	Equity	Stock/ Commodity Brokers
GAIL (India)	1.32%	2702720	48.02	Equity	Gas Distribution
Indus Towers	1.28%	1281000	46.50	Equity	Telecomm Equipment & Infra Services
Axis Bank	1.21%	414434	44.28	Equity	Banks
HCL Technologies	1.19%	295320	43.35	Equity	IT - Software

Peer Comparison

Scheme Name	Asset Size (Cr)	1M	3M	6M	1Y	3Y
DSP Multi Asset Allocation Fund - Direct (IDCW)	3645.39	-0.19%	3.50%	9.27%	13.81%	-
WhiteOak Capital Multi Asset Allocation-Dir (G)	3039.83	0.63%	3.15%	9.62%	16.32%	-
DSP Multi Asset Allocation Fund - Direct (G)	3645.39	-0.19%	3.50%	9.27%	13.81%	-
Nippon India Multi Asset Allocation Fund-Dir (IDCW)	6649.41	-0.07%	4.62%	11.52%	12.37%	18.78%
Nippon India Multi Asset Allocation Fund-Dir (G)	6649.41	-0.07%	4.62%	11.52%	12.37%	18.78%
Mirae Asset Multi Asset Allocation Fund-Dir (G)	2187.26	-0.39%	2.57%	10.98%	11.03%	-

List of Schemes under DSP Mutual Fund

Fund Name	Category	Risk	1Y Returns	Ratings	Fund Size (Cr)
DSP Aggressive Hybrid Fund	Hybrid	Very High	5.96%	4	₹11,417.61
DSP Bond Fund	Debt	Moderate	9.64%	3	₹317.25
DSP Flexi Cap Fund	Equity	Very High	-1.19%	3	₹12,187.76
DSP Focused Fund	Equity	Very High	1.57%	3	₹2,627.60
DSP Gilt Fund	Debt	Moderately High	8.35%	3	₹1,904.15
DSP Credit Risk Fund	Debt	Moderately High	23.52%	0	₹208.59
DSP India T.I.G.E.R. Fund	Equity	Very High	-9.23%	3	₹5,516.90
DSP Liquidity Fund	Debt	Moderate	7.17%	4	₹20,502.17
DSP Small Cap Fund	Equity	Very High	1.06%	2	₹17,125.76
DSP Regular Savings Fund	Hybrid	Moderately High	7.64%	3	₹178.12
DSP Ultra Short Fund	Debt	Moderately Low	8.02%	3	₹3,780.01
DSP Natural Resources & New Energy Fund	Equity	Very High	-8.83%	0	₹1,315.70
DSP Large & Mid Cap Fund	Equity	Very High	-2.32%	4	₹15,663.38
DSP Short Term Fund	Debt	Moderately Low	9.26%	3	₹4,039.94
DSP Midcap Fund	Equity	Very High	-1.98%	1	₹19,559.23
DSP Strategic Bond Fund	Debt	Moderately Low	8.22%	2	₹1,541.59
DSP ELSS Tax Saver Fund	Equity	Very High	-1.05%	4	₹17,427.57
DSP Large Cap Fund	Equity	Very High	1.51%	5	₹6,323.27
DSP Savings Fund	Debt	Moderate	7.77%	2	₹5,629.48
DSP US Flexible Equity Fund of Fund	Other	Very High	19.74%	0	₹935.23
DSP Global Clean Energy Fund of Fund	Other	Very High	9.54%	0	₹88.38
DSP World Gold Fund of Fund	Other	Very High	49.6%	0	₹1,201.56
DSP World Mining Fund of Fund	Other	Very High	9.6%	0	₹129.77
DSP Banking & Psu Debt Fund	Debt	Moderately Low	9.04%	2	₹4,304.31
DSP Dynamic Asset Allocation Fund	Hybrid	Moderately High	6.79%	3	₹3,453.72
DSP Income Plus Arbitrage Fund of Fund	Other	Moderate	8.88%	0	₹1,349.74
DSP 10Y G-Sec	Debt	Moderate	9.35%	0	₹57.42
DSP Low Duration Fund	Debt	Moderately Low	8.16%	3	₹5,824.75
DSP Equity Savings Fund	Hybrid	Moderately High	6.97%	5	₹3,191.95
DSP Nifty 50 Equal Weight Index Fund	Other	Very High	-3.64%	4	₹2,226.58
DSP Arbitrage Fund	Hybrid	Low	7.47%	3	₹6,433.70
DSP Corporate Bond Fund	Debt	Moderate	8.84%	2	₹2,717.38
DSP Healthcare Fund	Equity	Very High	6.76%	4	₹3,056.90
DSP Overnight Fund	Debt	Low	6.29%	3	₹1,776.97
DSP Nifty 50 Index Fund	Other	Very High	-0.7%	3	₹809.64
DSP Nifty Next 50 Index Fund	Other	Very High	-10.52%	1	₹1,057.35
DSP Quant Fund	Equity	Very High	-2.34%	0	₹938.64
DSP Value Fund	Equity	Very High	3.92%	4	₹1,041.67
DSP Floater Fund	Debt	Moderately Low	9.26%	2	₹557.77
DSP FMP - Series 264 - 60Mth - 17D	Debt	Moderate	8.33%	0	₹51.83
DSP Global Innovation Fund of Fund	Other	Very High	23.94%	0	₹1,017.68
DSP Nifty SDL Plus G-Sec Jun 2028 30:70 Index Fund	Other	Moderate	9.17%	0	₹2,130.29
DSP Nifty Midcap 150 Quality 50 Index Fund	Other	Very High	-4.22%	0	₹463.53
DSP FMP - Series 267 - 1246Days	Debt	Moderate	7.82%	0	₹693.63
DSP FMP - Series 268 - 1281Days	Debt	Moderately Low	7.81%	0	₹127.96
DSP CRISIL-IBX 50:50 Gilt Plus SDL-April 2033 Index Fund	Other	Moderately High	9.97%	0	₹403.12
DSP Nifty SDL Plus G-Sec Sep 2027 50:50 Index Fund	Other	Moderate	8.93%	0	₹86.25
DSP FMP - Series 270 - 1144Days	Debt	Moderate	7.8%	0	₹188.35
DSP FMP - Series 271 - 1147Days	Debt	Moderate	0%	0	₹0.00
DSP Multi Asset Allocation Fund	Hybrid	Very High	11.29%	0	₹3,377.03
DSP Gold ETF Fund of Fund	Other	High	38.38%	2	₹98.90
DSP Banking & Financial Services Fund	Equity	Very High	15.67%	0	₹1,353.88
DSP Nifty Smallcap250 Quality 50 Index Fund	Other	Very High	-7.98%	0	₹280.69
DSP Multicap Fund	Equity	Very High	-1.96%	0	₹2,388.03
DSP US Treasury Fund of Fund	Other	Very High	7.8%	0	₹60.33
DSP Nifty Bank Index Fund	Other	Very High	8.41%	0	₹53.64
DSP Nifty Top 10 Equal Weight Index Fund	Other	Very High	0%	0	₹1,745.84
DSP Business Cycle Fund	Equity	Very High	0%	0	₹1,147.64
DSP BSE SENSEX Next 30 Index Fund	Other	Very High	0%	0	₹10.91
DSP Nifty Private Bank Index Fund	Other	Very High	0%	0	₹24.39
DSP Silver ETF Fund of Fund	Other	Very High	0%	0	₹93.78
DSP CRISIL-IBX Financial Services 3-6 Months Debt Index Fund	Other	Moderately Low	0%	0	₹0.00
DSP Nifty IT Index Fund	Other	Very High	0%	0	₹6.96
DSP Nifty Healthcare Index Fund	Other	Very High	0%	0	₹8.31
DSP Nifty500 Flexicap Quality 30 Index Fund	Other	Very High	0%	0	₹0.00

News

DSP Mutual Fund announces Income Distribution cum Capital Withdrawal (IDCW)
DSP Mutual Fund has announced 14 August 2025 as the record date for declaration of IDCW under the following scheme. The proposed IDCW on the face value of Rs 10 per unit will be:
DSP ELSS Tax Saver Fund - Regular Plan ' IDCW Option: 0.5900
DSP ELSS Tax Saver Fund - Direct Plan ' IDCW Option: 0.5900
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DSP Mutual Fund announces change in Exit Load Structure

DSP Mutual Fund has announced change in exit load structure under following scheme stands revised with effect from 11 August 2025

Change in Exit Load:

Name of the Scheme	Existing Exit Load Structure	Revised Exit Load Structure
DSP Arbitrage Fund	Exit Load (as a % of Applicable NAV): ' If the units redeemed or switched-out are upto 10% of the units (the limit) purchased or switched within 30 days from the date of allotment: Nil; ' If units redeemed or switched out are in excess of the limit within 30 days from the date of allotment: 0.25%; ' If units are redeemed or switched out on or after 30 days from the date of allotment: Nil.	Exit Load (as a % of Applicable NAV): ' If the units redeemed or switched-out are upto 10% of the units (the limit) purchased or switched within 15 days from the date of allotment: Nil; ' If units redeemed or switched out are in excess of the limit within 15 days from the date of allotment: 0.25%; ' If units are redeemed or switched out on or after 15 days from the date of allotment: Nil.

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DSP Mutual Fund announces change in fund manager under its schemes

DSP Mutual Fund has announced change in fund manager under the following schemes, With effect from 01 August 2025

Change in Fund Manager:

Name of the Scheme(s)	Existing Fund Manager(s)	New Fund Manager(s)
DSP India T.I.G.E.R. Fund	Mr. Charanjit Singh	Mr. Rohit Singhania
DSP Business Cycle Fund	Mr. Charanjit Singh	Mr. Vinit Sambre

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Fund House Details & Investment Objective

Date of Incorporation

7 September 2023

Total AUM (Cr)

₹3645.39

DSP Multi Asset Allocation Fund - Direct (IDCW) is an Multi Asset Allocation-oriented fund from the renowned AMC, DSP Mutual Fund. Launched in 7 September 2023, this fund is managed by Aparna Karnik. With assets under management (AUM) worth ₹3,645.39 (Cr), as of 18 August 2025, DSP Multi Asset Allocation Fund - Direct (IDCW) is categorized as a Multi Asset Allocation within its segment. The fund has generated a return of 19.97% since its launch.
The current NAV of DSP Multi Asset Allocation Fund - Direct (IDCW) is ₹13.46, as on 18 August 2025. The fund's benchmark index is 40% NIFTY500 TRI + 20% NIFTY Composite Debt Index + 15% Domestic Price of Physical Gold (based on (LBMA) gold daily spot fixing price) + 5% iCOMDEX Composite Index + 20% MSCI World Index. You can invest in DSP Multi Asset Allocation Fund - Direct (IDCW) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹100 while the minimum lumpsum investment is ₹100.

Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
If the units redeemed or switched-out are upto 10% of the units (the limit) purchased or switched within 12 months from the date of allotment: Nil; If units redeemed or switched out are in excess of the limit within 12 months from the date of allotment: 1%; If units are redeemed or switched out on or after 12 months from the date of allotment: Nil. The fund has generated undefined% and undefined% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 36.64% in Equity, 24.23% in Debt and 39.13% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 37.25% in Others, 24.23% in Debt, 7.95% in Banks, 3.17% in Telecom-Services, 3.05% in IT-Software