March 16, 2024
mayank
DSP Multi Asset Allocation Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 11.2008
NAV IDCW: Rs 11.2008
Suitable For Which Investors?
“Multi Asset Allocation funds invest your money in a mix of equity shares, bonds and commodities (usually gold) such that each has at least 10 per cent allocation at all times.
We don’t think highly of gold or other commodities as an investment. Therefore, we believe that investors can avoid these funds altogether. Instead, they might consider other varieties of hybrid funds-aggressive hybrid, balanced hybrid and conservative hybrid-which invest your money in equity shares and bonds in different proportions. You can choose from these depending upon your investment horizon, return expectations and ability to withstand volatility in the value of your investments.”
Fund’s Investment Strategy:
The Scheme is seek to generate long term capital appreciation by investing in multi asset classes including equity and equity related securities, debt and money market instruments, commodity ETFs, exchange traded commodity derivatives and overseas securities.
Fund Manager:
1) Aparna Karnik
Education: Ms. Karnik is a Masters in Management Studies.
Experience: Prior to joining DSP Mutual Fund, she has worked with CRISIL Ratings.
2) Prateek Nigudkar
Education: Mr. Nigudkar is an MS(Quantitative Finance) from Olin Business School, Washington University.
Experience: Prior to joining DSP Mutual Fund, he has worked with State Street Global Advisors (Global Beta Solutions Group) and Credit Suisse (Private Banking Global Research Division).
3) Sandeep Yadav
Education: Mr. Yadav is a Computer Engineer (Pune University), PGDBM (IIM Bangalore) and a CFA chartered holder.
Experience: Prior to joining DSP, he has worked with Cognizant Technologies, Hughes Services and Mahindra British Telecom.
4) Ravi Gehani
Education: Mr. Gehani has done B.Com and MMS- Finance.
Experience: Prior to joining DSP Mutual Fund, he has worked with Muthoot Exim Pvt Ltd., Bullion Price Risk, Products and Operations, S-Ancial Global Solutions Pvt Ltd. and Latin Manharlal Commodities Pvt Ltd.
Investment Details
| Min. Investment (Rs) | 100 |
| Min. Addl Investment (Rs) | 100 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | — |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | For units in excess of 10% of the investment, 1% will be charged for redemption Within 12 months |
Basic Details
| Fund House | DSP Mutual Fund |
| Launch Date | 27-Sep-23 |
| Return Since Launch | 12.01% |
| Benchmark | NIFTY 500 TRI (40), MSCI World (20), NIFTY Composite Debt Index (20), Domestic Price of Gold (15), MCX I-COMDEX Composite Index (5) |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 1,435 Cr |
| (As on 29-Feb-2024) | |
| Expense | 0.23% |
| (As on 29-Feb-2024) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | 1.00% |
Trailing Returns (%) of DSP Multi Asset Allocation Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| DSP Multi Asset Allocation Dir | 3.12 | -0.40 | 0.85 | 4.25 | — | — | — | — | — | — |
| VR Balanced TRI | 2.12 | 0.60 | 1.39 | 4.51 | — | — | — | — | — | — |
| Hybrid: Multi Asset Allocation | 3.09 | -0.24 | 0.60 | 4.22 | — | — | — | — | — | — |
| Rank within category | 11 | 28 | 10 | 11 | — | — | — | — | — | — |
| Number of funds in category | 25 | 31 | 28 | 25 | 23 | 20 | 13 | 9 | 5 | 3 |
Peer Comparison of DSP Multi Asset Allocation Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| DSP Multi Asset Allocation Dir | Unrated | — | — | — | 0.23 | 1,435 | 12.01 | 1.00 (360) | 5M | 1.00 |
| ICICI Pru Multi Asset Dir | 4 star | 32.71 | 23.26 | 19.46 | 0.74 | 34,644 | 16.93 | 1.00 (365) | 11Y 2M | 31.00 |
| SBI Multi Asset Allocation Dir | 4 star | 28.73 | 15.40 | 14.11 | 0.62 | 3,879 | 12.04 | 1.00 (365) | 11Y 2M | — |
| Tata Multi Asset Opportunities Dir | 4 star | 27.99 | 16.44 | — | 0.39 | 2,501 | 20.95 | 1.00 (365) | 4Y | 19.07 |
| Quant Multi Asset Dir | 5 star | 43.58 | 33.16 | 27.86 | 0.76 | 1,677 | 15.7 | 1.00 (15) | 11Y 2M | 248.00 |
Portfolio Analysis of DSP Multi Asset Allocation Fund
| No. of Stocks | 32 |
| Top 10 Holdings | 50.54% |
| Top 5 Stocks | 33.62% |
| Top 3 Sectors | 26.75% |
| Portfolio P/B Ratio | 3.64 |
| Portfolio P/E Ratio | 20.06 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 2,32,967 | 1,94,260 |
| Giant (%) | 57.42 | 52.93 |
| Large (%) | 24.33 | 20.68 |
| Mid (%) | 13.67 | 19.79 |
| Small (%) | 4.58 | 7.66 |
| Tiny (%) | — | 0.13 |
| Fund | Category | |
| Number of Securities | 48 | 60 |
| Macaulay Duration (yrs) | 3.09 | 2.93 |
| Average Maturity (yrs) | 3.82 | 4.48 |
| Yield to Maturity (%) | 7.60 | 7.37 |
| Avg Credit Rating | AAA | — |
How to Invest in DSP Multi Asset Allocation Fund?
Chanakya’s Mutual Fund Guidance For DSP Multi Asset Allocation Fund
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Quicklinks
https://sahifund.com/aditya-birla-sun-life-multi-asset-allocation-fund/