August 21, 2026
mayank
Parag Parikh Dynamic Asset Allocation Fund
| Fund at a Glance | |
| NAV Growth (Rs.) | 11.84 |
| Monthly NAV IDCW (Rs.) | 10.29 |
| NAV Bonu (Rs.) | — |
| Min. Investment (Rs.) | 5,000 |
| Min. SIP Investment (Rs.) | 1,000 |
| Min. No of Cheques | 6 |
| Benchmark | CRISIL Hybrid 50+50 Moderate Index |
| AUM Rs. | 2,613 Cr |
| (As on 31-Jul-2026) | |
| Expense | 0.23% |
| 1 Year Return (%) | 3.89 |
| 3 Year Return (%) | — |
| 5 Year Return (%) | — |
| 10 Year Return (%) | — |
| Return Since Launch | 7.06% |
Suitable For Which Investors?
Dynamic Asset Allocation funds are suitable for investors:
1. Looking to invest in a portfolio of equity and debt for moderate returns
2. Who prefer to let fund manager decide how much to invest in equity and in debt
3. Aiming for long-term wealth creation
4. With a 5+ year investment horizon
5. Who are new/unfamiliar with market’s ups and downs
Note:
• Invest only through SIP
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) 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.
3) 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.
4) 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.
5) 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
6) Tejas Soman
Education: Mr. Soman has done B.Com from University of Mumbai and Post Graduate Program in Securities Markets – From ‘NISM’
Experience: Prior to joining PPFAS Mutual Fund, he was associated with SBI MF, Yes Bank Limited, STCI Primary Dealership and PricewaterhouseCoopers
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 | 7.06% |
| Benchmark | CRISIL Hybrid 50+50 Moderate Index |
| Riskometer | Moderately High |
| Type | Open-ended |
| Assets | 2,613 Cr |
| (As on 31-Jul-2026) | |
| Expense | 0.23% |
| (As on 31-Jul-2026) | |
| 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 | 2.68 | -0.15 | -0.14 | 1.77 | 1.27 | 3.89 | — | — | — | — |
| Hybrid: Dynamic Asset Allocation | 0.95 | -0.19 | 0.87 | 4.24 | 1.99 | 3.80 | — | — | — | — |
| Rank within category | 10 | 15 | 37 | 40 | 29 | 21 | — | — | — | — |
| Number of funds in category | 41 | 42 | 42 | 42 | 42 | 38 | 32 | 23 | 20 | 11 |
Peer Comparison of Parag Parikh Dynamic 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 (%) | |
| Parag Parikh Dynamic Asset Allocation Dir | Unrated | 3.89 | — | — | 0.23 | 2,613 | 7.06 | 1.00 (365) | 2Y 5M | — |
| HDFC Balanced Advantage Dir | 5 out of 5 stars | 2.29 | 13.28 | 15.69 | 0.63 | 1,07,766 | 14.60 | 1.00 (365) | 13Y 7M | 9.85 |
| ICICI Pru Balanced Advantage Dir | 4 out of 5 stars | 7.73 | 12.80 | 11.72 | 0.71 | 74,555 | 12.76 | 1.00 (365) | 13Y 7M | 246.00 |
| SBI Balanced Advantage Dir | 4 out of 5 stars | 4.39 | 11.03 | — | 0.58 | 42,244 | 10.81 | 1.00 (365) | 4Y 11M | 13.00 |
| Nippon India Balanced Advantage Dir | 4 out of 5 stars | 5.51 | 12.08 | 10.45 | 0.54 | 9,898 | 11.92 | 1.00 (365) | 13Y 7M | 183.00 |
Parag Parikh Dynamic Asset Allocation Fund Portfolio Analysis
| No. of Stocks | 31 |
| Top 10 Holdings | 36.38% |
| Top 5 Stocks | 22.04% |
| Top 3 Sectors | 11.58% |
| Portfolio P/B Ratio | 2.46 |
| Portfolio P/E Ratio | 15.35 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 2,16,883 | 2,29,498 |
| Large (%) | 71.50 | 70.73 |
| Mid (%) | 18.38 | 16.77 |
| Small (%) | 10.12 | 12.81 |
| Fund | Category | |
| Number of Securities | 111 | 115 |
| Macaulay Duration (yrs) | 3.66 | 2.67 |
| Average Maturity (yrs) | 4.39 | 4.30 |
| Yield to Maturity (%) | 7.18 | 6.84 |
| Avg Credit Rating | AAA | — |
Note: Mutual fund investments are subject to market risks, read all scheme-related documents carefully.
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