DSP Multi Asset Allocation Fund
DSP Mutual Fund · Multi Asset Allocation · Direct plan, growth option
NAV (₹), 2 Oct 2026
16.2002
1-day change
-0.50%
1Y return
8.5%
3Y CAGR
17.5%
5Y CAGR
n/a
Max drawdown, 5Y
n/a
NAV history month-end NAV, ₹ · 29 Sep 2023 to 1 Oct 2026
Returns vs Multi Asset Allocation median (37 schemes)
| Period | Scheme | Category median |
|---|---|---|
| 1 month | -3.8% | -3.9% |
| 3 months | -2.2% | -1.8% |
| 6 months | 2.4% | 4.0% |
| Year to date | 1.2% | 0.1% |
| 1 year | 8.5% | 6.4% |
| 3 years (CAGR) | 17.5% | 14.0% |
| 5 years (CAGR) | n/a | 12.7% |
| 7 years (CAGR) | n/a | 13.8% |
| 10 years (CAGR) | n/a | 11.6% |
| Since first NAV (CAGR) | 17.4% | – |
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 18.5% | 12.5% |
| 3Y rolling median | n/a | 17.0% |
| 3Y rolling worst | n/a | 4.4% |
| 3Y periods positive | n/a | 100% |
| 3Y periods ahead of benchmark | n/a | n/a |
| 5Y rolling median | n/a | 13.8% |
| 5Y rolling worst | n/a | 1.9% |
| 5Y periods ahead of benchmark | n/a | n/a |
Benchmark: none available in MFIC's free data for this category.
Risk 36 months, monthly returns, Rf 6.5%
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | 8.6% | 9.9% |
| Sharpe ratio | 1.29 | 0.76 |
| Sortino ratio | 2.15 | 1.10 |
| Beta | n/a | n/a |
| Alpha (ann.) | n/a | n/a |
| Upside capture | n/a | n/a |
| Downside capture | n/a | n/a |
Drawdowns peak-to-trough falls in NAV
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −9.7% | −12.0% |
| Maximum drawdown, last 10Y | n/a | −27.2% |
| Maximum drawdown, last 5Y | n/a | −10.5% |
| Current drawdown | −5.3% | −5.8% |
| Recovery time of worst fall | 151 days | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
Fund managers and scheme facts Scheme Summary Document via AMFI
| Fund manager | Role | Managing since |
|---|---|---|
| Aparna Karnik | Primary (Equity) | 27 Sep 2023 |
| Shantanu Godambe | Primary (Debt) | 1 Aug 2024 |
| Ravi Gehani | Dedicated Fund Manager for Commodities | 27 Sep 2023 |
Objective: The investment objective of the Scheme is to 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. There is no assurance that the investment objective of the Scheme will be achieved.
Stated asset allocation: A. Equity & Equity related instruments including derivatives : 35% - 80% B. Debt and money market instruments : 10% – 50% C. Gold ETFs & other Gold related instruments (including ETCDs) as permitted by SEBI from time to time : 10% - 50% D. Other Commodity ETFs, Exchange Traded Commodity Derivatives (ETCDs) & any other mode of investment in commodities as permitted by SEBI from time to time : 0% - 20% E. InvITs & Units of Mutual Funds : 0% - 10% For detailed asset allocation pattern, please refer to the Scheme Information Document
Benchmark (tier 1): 40% NIFTY500 TRI + 20% NIFTY Composite Debt Index+ 15% Domestic price of Gold + 5% iCOMDEX Composite Index + 20% MSCI World Index.
Exit load: Holding period from the date of allotment: - Up to 10% of units: Nil exit load if redeemed or switched out within 1 month. - Exceeding 10% of units: 1% exit load if redeemed or switched within 1 month. - After 1 months: Nil exit load on any redemption or switch-out
Minimum application: Rs. 100/-
Allotment date: 27 Sep 2023
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
Cost, size and riskometer as disclosed to AMFI
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Direct plan | n/a | 0.97% |
| AUM, whole scheme (₹ crore) | 10,820 | 1,913 |
| Riskometer | Very High | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
Official benchmark and category consistency
| Measure | Scheme | Benchmark / category |
|---|
Official benchmark: 40% NIFTY500 TRI + 20% NIFTY Composite Debt Index + 15% Domestic Price of Physical Gold (LBMA) + 5% iCOMDEX Composite Index + 20% MSCI World Index (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Multi Asset Allocation Direct plans; how it is calculated.
Calendar-year returns NAV change from 31 Dec to 31 Dec
| Year | Scheme | Benchmark | Difference |
|---|---|---|---|
| 2026 YTD | 1.2% | n/a | – |
| 2025 | 24.7% | n/a | – |
| 2024 | 18.1% | n/a | – |
No free benchmark proxy for this category. The first year starts from the first 31 December in the scheme's history.
Monthly SIP of ₹10,000 first business day of each month, ending 2 Oct 2026
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,20,057 | 0.1% |
| 3 years | ₹3,60,000 | ₹4,38,503 | 13.2% |
Uses this plan's NAVs; ignores stamp duty, exit loads and taxes. One historical path only — the interactive SIP analyzer shows outcomes across every start date.
Scheme facts
AMC: DSP Mutual Fund
Category: Multi Asset Allocation
Plan / option: Direct · Growth
AMFI scheme code: 152056
ISIN: INF740KA1TE9
First NAV in MFIC data: 29 Sep 2023
History: 3.0 years
Expense ratio, AUM, portfolio: see the scheme's factsheet
Schemes that behaved similarly correlation of monthly returns, last 5 years
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| Nippon India Multi Asset Allocation Fund | Multi Asset Allocation | 0.92 | 18.1% |
| BANDHAN MULTI ASSET ALLOCATION FUND | Multi Asset Allocation | 0.90 | n/a |
| Aditya Birla Sun Life Multi Asset Allocation Fund | Multi Asset Allocation | 0.89 | 15.1% |
| SBI MULTI ASSET ALLOCATION FUND | Multi Asset Allocation | 0.88 | 14.2% |
| Bajaj Finserv Multi Asset Allocation Fund | Multi Asset Allocation | 0.87 | n/a |
| Union Multi Asset Allocation Fund | Multi Asset Allocation | 0.87 | n/a |
Questions about DSP Multi Asset Allocation Fund
- What is the latest NAV of DSP Multi Asset Allocation Fund?
- The NAV of the Direct plan (growth option) was ₹16.2002 on 2 Oct 2026, as published by AMFI.
- Which category is DSP Multi Asset Allocation Fund in?
- It is classified as Multi Asset Allocation in AMFI's daily NAV file. MFIC compares it with 37 Multi Asset Allocation schemes (Direct plans).
- What returns has DSP Multi Asset Allocation Fund delivered?
- Over one year the NAV changed by 8.5%. The 3-year CAGR is 17.5% (category median 14.0%). Returns are after expenses and before tax. Past performance may or may not be sustained in future.
- What was the largest fall in DSP Multi Asset Allocation Fund's NAV?
- The largest peak-to-trough fall in its available history was 9.7%.
- How volatile is DSP Multi Asset Allocation Fund?
- Its annualised standard deviation of monthly returns over the last 36 months is 8.6%, which is below the Multi Asset Allocation category median of 9.9%.
- What would a monthly SIP in DSP Multi Asset Allocation Fund have grown to?
- A SIP of ₹10,000 on the first business day of each month for the last 3 years (36 instalments, ₹3,60,000 invested) would have been worth about ₹4,38,503 on 2 Oct 2026, an annualised return (XIRR) of 13.2%. This uses the Direct plan's NAVs, ignores taxes and exit loads, and past performance may or may not be sustained in future.
- How large is DSP Multi Asset Allocation Fund?
- Assets under management of the whole scheme were ₹10,820 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of DSP Multi Asset Allocation Fund?
- AMFI lists the scheme's riskometer as “Very High”, and its benchmark's as “Very High”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- Who manages DSP Multi Asset Allocation Fund?
- According to its Scheme Summary Document, DSP Multi Asset Allocation Fund is managed by Aparna Karnik (since 27 Sep 2023), Shantanu Godambe (since 1 Aug 2024), Ravi Gehani (since 27 Sep 2023).
- What is the exit load of DSP Multi Asset Allocation Fund?
- As stated in its scheme documents: Holding period from the date of allotment: - Up to 10% of units: Nil exit load if redeemed or switched out within 1 month. - Exceeding 10% of units: 1% exit load if redeemed or switched within 1 month. - After 1 months: Nil exit load on any redemption or switch-out Check the latest Scheme Information Document before investing, as loads can change.
- What is the minimum investment in DSP Multi Asset Allocation Fund?
- The minimum application amount is Rs. 100/-. SIP details: 100.
- What is the difference between the Direct and Regular plans?
- Both plans hold the same portfolio; the Regular plan includes distribution costs in its expense ratio. Over one year the Direct plan's NAV changed by 8.5% and the Regular plan's by 7.3%. The Regular plan includes the services of a distributor.
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Data & disclosure. Source: AMFI daily NAV file and historical NAVs via mfapi.in; calculations by MFIC, as of 2 Oct 2026. Category medians use Direct plans in the same AMFI category. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance may or may not be sustained in future. This page is for research and education only and is not investment advice or a recommendation to buy, sell or hold any scheme. Integrato Financial Services Pvt. Ltd. is an AMFI-registered Mutual Fund Distributor (ARN-173155). Methodology.