Q: What are the returns of this mutual fund scheme?

The DSP Dynamic Asset Allocation Fund Direct-Growth is a 12 yrs old fund and has delivered average annual returns of 10.32% since inception. DSP Dynamic Asset Allocation Fund Direct-Growth Returns 1-Year 3-Year 5-Year 10-Year Since Inception 9.42% 13.6% 10.15% 10.84% 10.32%

Question 1

What is the current NAV of DSP Dynamic Asset Allocation Fund Direct-Growth?

Accepted Answer

The current Net Asset Value (NAV) of the DSP Dynamic Asset Allocation Fund - Direct Growth plan is approximately ₹32.498 as of Feb 02, 2026.

Question 2

What are the returns of this mutual fund scheme?

Accepted Answer

The DSP Dynamic Asset Allocation Fund Direct-Growth is a 12 yrs old fund and has delivered average annual returns of 10.32% since inception.

DSP Dynamic Asset Allocation Fund Direct-Growth Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
9.42%	13.6%	10.15%	10.84%	10.32%

Question 3

How much does this mutual fund charge as expense ratio?

Accepted Answer

The DSP Dynamic Asset Allocation Fund - Direct Growth has an expense ratio of 0.67%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

Question 4

What is the AUM or fund size of this mutual fund?

Accepted Answer

The DSP Dynamic Asset Allocation Fund currently has assets under management (AUM) or fund size valued at approximately 3,709 Cr as on Dec 31, 2025.

Question 5

What are the top stock holdings of DSP Dynamic Asset Allocation Fund?

Accepted Answer

The DSP Dynamic Asset Allocation Fund's equity portion has been invested in the stocks of the following companies

Company	Percentage of Portfolio
HDFC Bank Ltd.	7.3%
Larsen & Toubro Ltd.	3.29%
Kotak Mahindra Bank Ltd.	3.07%
ICICI Bank Ltd.	3.02%
Axis Bank Ltd.	2.82%
Adani Enterprises Ltd.	2.69%
Tata Consultancy Services Ltd.	2.43%
State Bank of India	2.31%
Tata Power Company Ltd.	1.89%
Reliance Industries Ltd.	1.84%

Question 6

What are the top sectors DSP Dynamic Asset Allocation Fund has invested in?

Accepted Answer

The DSP Dynamic Asset Allocation Fund's equity portion is primarily invested in the following sectors -

Company	Percentage of Portfolio
HDFC Bank Ltd.	7.3%
Larsen & Toubro Ltd.	3.29%
Kotak Mahindra Bank Ltd.	3.07%
ICICI Bank Ltd.	3.02%
Axis Bank Ltd.	2.82%
Adani Enterprises Ltd.	2.69%
Tata Consultancy Services Ltd.	2.43%
State Bank of India	2.31%
Tata Power Company Ltd.	1.89%
Reliance Industries Ltd.	1.84%

Question 7

To whom does DSP Dynamic Asset Allocation Fund lend to?

Accepted Answer

The top 3 debt holdings of DSP Dynamic Asset Allocation Fund are as follows

Holding Name	Percentage of Portfolio
Muthoot Finance Ltd.	2.09%
REC Ltd.	1.45%
Bajaj Finance Ltd.	1.44%

Question 8

What is the quality of borrowers this mutual fund scheme lends to?

Accepted Answer

The credit rating of the instruments in which the fund invests represents the quality of the borrower. The DSP Dynamic Asset Allocation Fund's debt portion's allocation by credit quality is given below

Holding Name	Percentage of Portfolio
Muthoot Finance Ltd.	2.09%
REC Ltd.	1.45%
Bajaj Finance Ltd.	1.44%

Question 9

What is risk level of DSP Dynamic Asset Allocation Fund?

Accepted Answer

This is a Dynamic Asset Allocation fund comes with Moderately High risk.

Question 10

Is there any lock-in period in this mutual fund?

Accepted Answer

No, this fund does not have any lock-in period.

Question 11

How do I invest in DSP Dynamic Asset Allocation Fund Direct-Growth?

Accepted Answer

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. The whole process takes just a few minutes. Here's how it works:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for DSP Dynamic Asset Allocation Fund - Direct Growth, select your investment mode (lump sum or SIP), and enter the investment amount.
Provide the required details, including the bank account you'll use for payment, and confirm your investment.

That's it. Your investment in the DSP Dynamic Asset Allocation Fund is complete.

Question 12

How can I redeem my investments in DSP Dynamic Asset Allocation Fund?

Accepted Answer

Redeeming your investments in the DSP Dynamic Asset Allocation Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

Expense ratio	0.67% as on Feb 02, 2026
Exit load	1.0% Exit load of 1% if units in excess of 10% are redeemed within 12 months!
AUM (Fund size)	₹3,709 Cr
Lock-in Period	Nil
Age	12 yrs since Jan 17, 2014
Benchmark	CRISIL Hybrid 50+50 Moderate Index
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
Risk	Moderately High

Period	This fund	Category average
1 Month	-1.31%	-2.65%
3 Months	0.09%	-1.91%
6 Months	2.96%	0.94%
1 Year	9.42%	7.37%
2 Years	10.9%	8.39%
3 Years	13.6%	12.8%
4 Years	10.45%	10.58%
5 Years	10.15%	11.06%
7 Years	11.11%	11.75%
10 Years	10.84%	11.43%

Fund name	1M	6M	1Y	3Y	5Y	10Y
DSP Dynamic Asset Allocation Fund	-1.31%	2.96%	9.42%	13.6%	10.15%	10.84%
ICICI Prudential Balanced Advantage Fund	-2.27%	3.93%	10.79%	13.78%	12.38%	12.81%
Tata Balanced Advantage Fund	-2.76%	1.66%	6.85%	11.92%	11.34%	8.65%
Franklin India Dynamic Asset Allocation Active FoF	-2.5%	0.44%	6.48%	13.68%	15.08%	11.61%
Axis Balanced Advantage Fund	-2.55%	2.46%	7.03%	15.29%	11.92%	8.95%
Nippon India Balanced Advantage Fund	-2.65%	1.8%	7.5%	13.28%	12.08%	12.93%

Fund name	Std. deviation	Beta	Sharpe	Sortino
DSP Dynamic Asset Allocation Fund	5.64	0.55	1.26	2.47
ICICI Prudential Balanced Advantage Fund	5.48	0.56	1.33	1.89
Tata Balanced Advantage Fund	6.53	0.68	0.88	1.27
Franklin India Dynamic Asset Allocation Active FoF	6.27	0.63	1.16	1.75
Axis Balanced Advantage Fund	7.25	0.73	1.23	1.99
Nippon India Balanced Advantage Fund	6.86	0.72	1.01	1.45

Fund name	ETM Rank	AUM	Fund age	Expense ratio
DSP Dynamic Asset Allocation Fund	N.A.	3,709 Cr	12 yrs	0.67%
ICICI Prudential Balanced Advantage Fund	N.A.	70,535 Cr	13 yrs 1 m	0.86%
Tata Balanced Advantage Fund	N.A.	9,691 Cr	7 yrs	0.51%
Franklin India Dynamic Asset Allocation Active FoF	N.A.	1,301 Cr	13 yrs 1 m	1.25%
Axis Balanced Advantage Fund	N.A.	3,816 Cr	8 yrs 6 m	0.73%
Nippon India Balanced Advantage Fund	N.A.	9,725 Cr	13 yrs 1 m	0.56%

DSP Dynamic Asset Allocation Fund Direct-Growth

Historical NAV & returns

DSP Dynamic Asset Allocation Fund overview

DSP Dynamic Asset Allocation Fund Returns calculator

Trailing returns as on Feb 03, 2026

Asset allocationas on Dec 31, 2025

Peer comparison

Key risk & return ratios Compared to other funds in the category

About this fund

About DSP Dynamic Asset Allocation Fund

Fund managers

Investment objective

DSP Mutual Fund details

More funds from DSP Mutual Fund

Frequently asked questions

DSP Dynamic Asset Allocation Fund Direct-Growth Returns

ET Money rank

Alpha	3.37 vs. 3.91 Underperformed at beating benchmark
Sharpe	1.26 vs. 3.7 Poor risk-adjusted returns
Beta	0.55 vs. 0.78 Less sensitive to market ups & downs
Standard deviation	5.64 vs. 5.56 More volatile performance

Fund AUM	3,709 Cr as on Dec 31, 2025
Scheme document	View Scheme Document

No. of schemes	54 view all schemes
Total AUM	2,24,669 Cr as on Dec 31, 2025
Address	NATRAJ, Office No. 302-3rd Floor-Plot No. 194, MV Road Junction Western Express Highway, Andheri East Mumbai, 400069
Phone	1800-208-4499 / 1800-200-4499

Fund name	ETM Rank	AUM	1Y	5Y
DSP Aggressive Hybrid Fund	N.A.	12,162 Cr	5.87%	13.19%
DSP Multi Asset Allocation Fund	N.A.	6,440 Cr	28.32%	N.A.
DSP Equity Savings Fund	N.A.	3,905 Cr	6.54%	9.66%
DSP Regular Savings Fund	N.A.	184 Cr	7.47%	8.9%
DSP Arbitrage Fund	N.A.	7,002 Cr	6.75%	6.39%

Sector	Percentage of Portfolio
Financial	25.11%
Energy	7.72%
Technology	4.63%
Services	4.08%
Consumer Staples	3.4899999999999998%
Automobile	3.47%
Insurance	3.43%
Construction	3.29%
Metals & Mining	3.2300000000000004%
Healthcare	2.71%

Credit Quality	Percentage of Portfolio
Cash	30.02%
AAA	16.28%
SOV	8.86%