DSP Dynamic Asset Allocation Fund
DSP Mutual Fund · Balanced Advantage · Regular plan, growth option
NAV (₹), 1 Oct 2026
27.8940
1-day change
-0.27%
1Y return
0.7%
3Y CAGR
8.4%
5Y CAGR
7.0%
Max drawdown, 5Y
−8.4%
NAV history month-end NAV, ₹ · 7 Feb 2014 to 1 Oct 2026
Returns vs Balanced Advantage median (37 schemes)
| Period | Scheme | Category median |
|---|---|---|
| 1 month | -3.4% | -3.9% |
| 3 months | -2.8% | -2.7% |
| 6 months | 3.0% | 4.0% |
| Year to date | -2.2% | -3.2% |
| 1 year | 0.7% | -0.8% |
| 3 years (CAGR) | 8.4% | 7.5% |
| 5 years (CAGR) | 7.0% | 7.1% |
| 7 years (CAGR) | 8.5% | 9.3% |
| 10 years (CAGR) | 7.9% | 8.3% |
| Since first NAV (CAGR) | 8.4% | – |
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 8.2% | 7.5% |
| 3Y rolling median | 9.1% | 11.0% |
| 3Y rolling worst | 0.2% | 5.1% |
| 3Y periods positive | 100% | 100% |
| 3Y periods ahead of benchmark | n/a | n/a |
| 5Y rolling median | 8.4% | 10.5% |
| 5Y rolling worst | 3.1% | 2.7% |
| 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.) | 6.8% | 9.2% |
| Sharpe ratio | 0.35 | 0.17 |
| Sortino ratio | 0.52 | 0.25 |
| 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 | −19.4% | −16.4% |
| Maximum drawdown, last 10Y | −19.4% | −26.0% |
| Maximum drawdown, last 5Y | −8.4% | −10.3% |
| Current drawdown | −4.2% | −5.5% |
| Recovery time of worst fall | 149 days | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
Market context from Integrato Market Intelligence
This scheme hold only part of their money in each of these markets; the mix is set by the scheme and changes over time.
22,421.95 −0.88%
NSE close, 1 Oct 2026
- P/E 19.2: higher than 0% of days since 2023 (median 22.3)
- 1Y −9.0% · 3Y +5.4% p.a. · 5Y +5.9% p.a. (index fund NAV, after costs)
- −14.8% from its 52-week high
6.78%
1 Jul 2026 · +0.43 pp in a year · 5Y average 6.90%
Index levels and P/E: NSE daily index closing values; gold and silver: IBJA rates; returns: growth NAV of an index fund or ETF tracking the market (AMFI), so they are after that fund's costs. Context only: a market's level or valuation does not tell you how any scheme will perform. Explore all markets.
Direct or Regular for this scheme?
The Regular plan's expense ratio is 2.26% a year and the Direct plan's 1.04%, a gap of 1.22%; over the last 3 years the Direct plan returned 1.33 percentage points a year more. On a ₹25,000 monthly SIP for 20 years (illustration at 12% a year before costs) the gap adds up to about ₹27,41,777.
With the Regular plan, that cost pays a distributor to help you plan, choose and review funds, and stay invested when markets fall. Whether it is worth it depends on how much of that you will do yourself.
TER: AMFI TER disclosure. Returns: AMFI NAVs. Illustration, not a guaranteed saving or return.
Fund managers and scheme facts Scheme Summary Document via AMFI
| Fund manager | Role | Managing since |
|---|---|---|
| Rohit Singhania | Primary (Equity) | 1 Nov 2023 |
| Preethi R S | Equity | 1 Oct 2025 |
| Kaivalya Nadkarni | Equity portion | 1 Oct 2024 |
| Shantanu Godambe | Debt | 1 Jan 2025 |
Objective: The investment objective of the Scheme is to seek capital appreciation by dynamically managing the asset allocation between equity and debt securities. The Scheme intends to generate long-term capital appreciation by investing in equity and equity related instruments and seeks to generate income through investments in debt securities, arbitrage and other derivative strategies. However, there can be no assurance that the investment objective of the scheme will be achieved.
Stated asset allocation: 1. Equity & Equity related instruments including derivatives : 65% - 100% 2. Debt and money market instruments : 0% – 35% For detailed asset allocation pattern, please refer to the Scheme Information Document
Benchmark (tier 1): CRISIL Hybrid 50+50 - Moderate Index
Exit load: 1% - Holding period from the date of allotment <= 1 month, Nil - Holding period from the date of allotment > 1 month (as a % of Applicable NAV)
Minimum application: ₹100
Allotment date: 6 Feb 2014
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), Regular plan | 2.26% | 2.31% |
| AUM, whole scheme (₹ crore) | 3,704 | 2,109 |
| 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 |
|---|---|---|
| Return, 1 year (AMFI) | 1.3% | 0.2% TRI |
| Return, 3 years (AMFI) | 8.5% | 7.8% TRI |
| Return, 5 years (AMFI) | 7.0% | 7.2% TRI |
| Month-ends above category median (3Y CAGR) | 25% | 48% median |
| Month-ends in category top quartile (3Y) | 8% | 11% median |
| 7Y rolling CAGR, median (monthly windows) | 8.7% | 10.0% median |
Official benchmark: CRISIL Hybrid 50+50 - Moderate Index (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Balanced Advantage Regular plans; how it is calculated.
Calendar-year returns NAV change from 31 Dec to 31 Dec
| Year | Scheme | Benchmark | Difference |
|---|---|---|---|
| 2026 YTD | -2.2% | n/a | – |
| 2025 | 8.7% | n/a | – |
| 2024 | 12.4% | n/a | – |
| 2023 | 17.1% | n/a | – |
| 2022 | 0.1% | n/a | – |
| 2021 | 9.3% | n/a | – |
| 2020 | 12.9% | n/a | – |
| 2019 | 8.8% | n/a | – |
| 2018 | 3.6% | n/a | – |
| 2017 | 12.5% | 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 1 Oct 2026
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,18,544 | -2.2% |
| 3 years | ₹3,60,000 | ₹3,84,298 | 4.3% |
| 5 years | ₹6,00,000 | ₹7,18,916 | 7.2% |
| 10 years | ₹12,00,000 | ₹18,19,523 | 8.1% |
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: Balanced Advantage
Plan / option: Regular · Growth
AMFI scheme code: 126394
ISIN: INF740K01K57
First NAV in MFIC data: 7 Feb 2014
History: 12.6 years
Portfolio holdings: see the scheme's monthly portfolio disclosure on the fund house website
Schemes that behaved similarly correlation of monthly returns, last 5 years
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| DSP Aggressive Hybrid Fund | Aggressive Hybrid | 0.97 | 7.7% |
| Canara Robeco Balanced Advantage Fund | Balanced Advantage | 0.96 | n/a |
| Axis Aggressive Hybrid Fund | Aggressive Hybrid | 0.95 | 7.4% |
| UTI Balanced Advantage Fund | Balanced Advantage | 0.94 | 6.0% |
| UTI Conservative Hybrid Fund | Conservative Hybrid | 0.94 | 6.7% |
| Canara Robeco Aggressive Hybrid Fund | Aggressive Hybrid | 0.93 | 8.5% |
Questions about DSP Dynamic Asset Allocation Fund
- What is the latest NAV of DSP Dynamic Asset Allocation Fund?
- The NAV of the Regular plan (growth option) was ₹27.8940 on 1 Oct 2026, as published by AMFI.
- Which category is DSP Dynamic Asset Allocation Fund in?
- It is classified as Balanced Advantage in AMFI's daily NAV file; a Balanced Advantage scheme changes its equity and debt mix dynamically. MFIC compares it with 37 Balanced Advantage schemes (Regular plans).
- What returns has DSP Dynamic Asset Allocation Fund delivered?
- Over one year the NAV changed by 0.7%. The 3-year CAGR is 8.4% (category median 7.5%) and the 5-year CAGR is 7.0% (category median 7.1%). Returns are after expenses and before tax. Past performance may or may not be sustained in future.
- How consistent have its 3-year returns been?
- Measuring a 3-year CAGR from every business day in its history, the median was 9.1%, the lowest was 0.2%, and 100% of 3-year periods ended with a gain.
- What was the largest fall in DSP Dynamic Asset Allocation Fund's NAV?
- The largest peak-to-trough fall in its available history was 19.4%; within the last five years it was 8.4% (category median 10.3%).
- How volatile is DSP Dynamic Asset Allocation Fund?
- Its annualised standard deviation of monthly returns over the last 36 months is 6.8%, which is below the Balanced Advantage category median of 9.2%.
- What would a monthly SIP in DSP Dynamic Asset Allocation Fund have grown to?
- A SIP of ₹10,000 on the first business day of each month for the last 5 years (60 instalments, ₹6,00,000 invested) would have been worth about ₹7,18,916 on 1 Oct 2026, an annualised return (XIRR) of 7.2%. This uses the Regular plan's NAVs, ignores taxes and exit loads, and past performance may or may not be sustained in future.
- What is the expense ratio (TER) of DSP Dynamic Asset Allocation Fund?
- The total expense ratio of the Regular plan is 2.26% a year, as disclosed to AMFI (median of Balanced Advantage Regular plans: 2.31%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is DSP Dynamic Asset Allocation Fund?
- Assets under management of the whole scheme were ₹3,704 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of DSP Dynamic Asset Allocation Fund?
- AMFI lists the scheme's riskometer as “Very High”, and its benchmark's as “High”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- What is the benchmark of DSP Dynamic Asset Allocation Fund and how has it compared?
- Its official benchmark is the CRISIL Hybrid 50+50 - Moderate Index. Over 3 years AMFI reports a return of 8.5% for this plan against 7.8% for the benchmark total return index; over 5 years 7.0% against 7.2%. Past performance does not indicate future results.
- How often has DSP Dynamic Asset Allocation Fund beaten its category?
- At 25% of the 116 month-ends compared over the last 10 years, its 3-year return was above the median of Balanced Advantage schemes (Regular plans); it was in the top quarter at 8% of them. A typical scheme would show about 50%.
- Who manages DSP Dynamic Asset Allocation Fund?
- According to its Scheme Summary Document, DSP Dynamic Asset Allocation Fund is managed by Rohit Singhania (since 1 Nov 2023), Preethi R S (since 1 Oct 2025), Kaivalya Nadkarni (since 1 Oct 2024), Shantanu Godambe (since 1 Jan 2025).
- What is the exit load of DSP Dynamic Asset Allocation Fund?
- As stated in its scheme documents: 1% - Holding period from the date of allotment <= 1 month, Nil - Holding period from the date of allotment > 1 month (as a % of Applicable NAV) Check the latest Scheme Information Document before investing, as loads can change.
- What is the minimum investment in DSP Dynamic Asset Allocation Fund?
- The minimum application amount is ₹100. SIP details: SIP, SWP, STP - Rs. 100/- for all frequencies.
- 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 2.0% and the Regular plan's by 0.7%. The Regular plan includes the services of a distributor.
Reviewing your own mutual fund portfolio?
Integrato's team can walk you through how your current schemes have behaved, using the same data shown here. Integrato is an AMFI-registered Mutual Fund Distributor.
Follow DSP Dynamic Asset Allocation Fund by email
Every Monday: this scheme's NAV, 1-month and 1-year return beside its category median, 3-year CAGR and how far it is below its peak. Add more schemes from their pages or from your MFIC watchlist. Free; unsubscribe from any email.
Data & disclosure. Source: AMFI daily NAV file and historical NAVs via mfapi.in; calculations by MFIC, as of 1 Oct 2026. Category medians use Regular 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.