DSP Multi Asset Allocation Fund
The scheme seek to generate long term capital appreciation by investing in multi asset classes including Equity, Debt and Commodities.
Growthvine rating: 3/5 — ranked #13 of 48 in category.
Fund basics
| Category | Hybrid: Multi Asset |
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| NAV | ₹16.47 (as of 2026-08-21) |
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| AUM | ₹10,105 Cr |
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| Expense ratio | 1.19% |
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| Riskometer | Very High |
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| Fund manager | Shantanu Godambe |
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| Exit load | For units in excess of 10% of the investment, 1% will be charged for redemption within 12 months |
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Performance & risk
| Standard deviation | 0.00% |
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| Max drawdown | -9.86% |
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| Alpha | 0 |
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| Beta | 0 |
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Over 5 years, captured 103.3% of NIFTY Multi Asset - Equity : Debt : Arbitrage : REITs/InvITs (50:20:20:10) Index's upside and 9.7% of its downside.
Market cap allocation
| Large cap | 59.4% |
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| Mid cap | 15.0% |
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| Small cap | 25.7% |
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Concentration
| Top 5 holdings | 24.9% |
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| Top 10 holdings | 32.9% |
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| Total holdings | 73 |
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Top holdings
- TREPS / Reverse Repo Investments — 15.9%
- NIFTY Aug26 — 9.4%
- DSP Gold ETF — 9.1%
- DSP Nifty 50 Equal Weight ETF — 5.9%
- HDFC Bank Ltd. — 3.7%
- AXIS Bank Ltd. — 3.0%
- ICICI Bank Ltd. — 2.9%
- 6.90% GOI 15042065 — 2.4%
- Bharti Airtel Ltd. — 2.1%
- Reliance Industries Ltd — 1.7%
Top sectors
- Banking & Financial — 12.5%
- Global Equity — 11.2%
- Derivatives — 10.9%
Calendar-year track record
| Year | Return | Quartile | Category rank |
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| 2026 (partial) | 6.2% | Q1 (Top) | #11 of 44 |
| 2025 | 23.1% | Q1 (Top) | #1 of 34 |
| 2024 | 16.4% | Q2 | #9 of 23 |