January 20, 2025
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Parag Parikh Dynamic Asset Allocation Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Sahifund.com
NAV Growth: Rs 10.9090
NAV IDCW Monthly: Rs 10.2657
Suitable For Which Investors?
When you invest for five years or more, you can expect gains that beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.
Dynamic Asset Allocation or Balanced Advantage funds invest your money in equity shares and bonds though their proportions are not fixed. The fund management team may increase of decrease the allocation to equity shares depending upon their market outlook.
These funds tend to fall less than pure equity funds when the stock markets decline because of their debt allocation. This makes them suitable for conservative equity investors.
Like for all equity-linked investments, you must invest only through the SIP route.
Fund’s Investment Strategy:
The Scheme seeks 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.
Fund Manager:
(1) Rajeev Thakkar
Education: Mr.Thakkar is a Chartered Accountant, Cost Accountant, CFA, and CFP.
Experience: He has been associated with PPFAS AMC since 2013.
2) Raunak Onkar
Education: Mr.Onkar is an MMS (Finance) from the University of Mumbai.
Experience: He joined PPFAS as a research analyst. He was appointed as Head- research in the year 2011. He is working with the company as an Associate Fund Manager.
3) Rukun Tarachandani
Education: Mr. Tarachandani has done B Tech (Information Technology), PGPM (Finance), CFA and CQF.
Experience: Prior to joining PPFAS Mutual Fund, he has worked with Kotak Mutual Fund, Goldman Sachs, Unnati Investment Management & Research Group.
4) Mansi Kariya
Education: Ms. Karia has done B.Com, MS Finance and CFA
Experience: Prior to joining PPFAS AMC, she has worked with Insync and Zacks Investment Research
5) Raj Mehta
Education: Mr. Mehta is a Commerce Graduate from University of Mumbai (N.M. College) ; Fellow Member of Institute of Chartered Accountants of India (ICAI) ; CFA Charter Holder.
Experience: Beginning his career as an intern with PPFAS Mutual Fund in 2012, he swiftly moved up the ranks, and is currently part of the Fund Management team.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 500 |
| Min. SIP Investment (Rs) | 1,000 |
| 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 1 year |
Basic Details of Parag Parikh Dynamic Asset Allocation Fund
| Fund House | PPFAS Mutual Fund |
| Launch Date | 27-Feb-24 |
| Return Since Launch | 9.09% |
| Benchmark | CRISIL Hybrid 50+50 Moderate Index |
| Riskometer | Moderate |
| Type | Open-ended |
| Assets | Rs 1,529 Cr |
| (As on 31-Dec-2024) | |
| Expense | 0.33% |
| (As on 31-Dec-2024) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | — |
Parag Parikh Dynamic Asset Allocation Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Parag Parikh Dynamic Asset Allocation Dir | 0.18 | 0.22 | 0.01 | 0.49 | 2.85 | — | — | — | — | — |
| VR Dynamic Asset TRI | -2.17 | -0.10 | -4.32 | -4.98 | -3.89 | — | — | — | — | — |
| Hybrid: Dynamic Asset Allocation | -1.75 | -0.12 | -3.25 | -2.97 | -1.00 | — | — | — | — | — |
| Rank within category | 1 | 2 | 1 | 1 | 2 | — | — | — | — | — |
| Number of funds in category | 38 | 38 | 38 | 38 | 37 | 35 | 28 | 23 | 15 | 11 |
Peer Comparison
| 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 (%) | |
| Parag Parikh Dynamic Asset Allocation Dir | Unrated | — | — | — | 0.33 | 1,529 | 9.09 | 1.00 (365) | 10M | — |
| HDFC Balanced Advantage Dir | 5 star | 14.25 | 20.17 | 19.95 | 0.75 | 95,521 | 15.92 | 1.00 (365) | 12Y | 21.71 |
| ICICI Pru Balanced Advantage Dir | 4 star | 11.91 | 11.95 | 12.99 | 0.91 | 60,434 | 13.08 | 1.00 (365) | 12Y | 31.00 |
| SBI Balanced Advantage Dir | 4 star | 12.85 | 13.07 | — | 0.70 | 33,202 | 12.87 | 1.00 (365) | 3Y 4M | 15.00 |
| Kotak Balanced Advantage Dir | 4 star | 13.67 | 11.23 | 12.73 | 0.56 | 16,937 | 12.18 | 1.00 (365) | 6Y 5M | 270.06 |
Portfolio Analysis of Parag Parikh Dynamic Asset Allocation Fund
| No. of Stocks | 54 |
| Top 10 Holdings | 28.95% |
| Top 5 Stocks | 17.77% |
| Top 3 Sectors | 12.06% |
| Portfolio P/B Ratio | 2.83 |
| Portfolio P/E Ratio | 15.45 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,97,348 | 2,28,447 |
| Giant (%) | 69.34 | 60.01 |
| Large (%) | 8.64 | 20.34 |
| Mid (%) | 11.67 | 15.00 |
| Small (%) | 10.34 | 5.03 |
| Tiny (%) | — | 0.19 |
| Fund | Category | |
| Number of Securities | 185 | 118 |
| Macaulay Duration (yrs) | — | 3.38 |
| Average Maturity (yrs) | 4.02 | 5.79 |
| Yield to Maturity (%) | 7.27 | 7.24 |
| Avg Credit Rating | AAA | — |
Chanakya’s Mutual Fund Guidance For Parag Parikh Dynamic Asset Allocation Fund
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