DSP Dynamic Asset Allocation Fund Direct Growth
Min amount: ₹500
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|Fund Type||Dynamic Asset Allocation|
|Exit Load||1% for 365 Days|
More about this fund
|Cash Offset For Derivatives||35.58%|
|ICICI Bank Ltd||5.46%|
|5.09% Govt Stock 2022||4.72%|
|Future on Reliance Industries Ltd Shs Dematerialised||4.59%|
|Reliance Industries Ltd Shs Dematerialised||4.59%|
|Future on ICICI Bank Ltd||2.96%|
|Future on Adani Ports & Special Economic Zone Ltd||2.95%|
|Adani Ports & Special Economic Zone Ltd||2.93%|
|Indian Oil Corporation Limited||2.84%|
About DSP Dynamic Asset Allocation Fund - Direct Plan - Growth
DSP Dynamic Asset Allocation Fund - Direct Plan - Growth aims to offer capital growth and regular income in the long-run, by investing in a mix of equity and debt. The fund manager focuses on a portfolio of stocks and fixed income securities, for higher returns and stability during a market correction.
Pros and Cons of DSP Dynamic Asset Allocation Fund - Direct Plan - Growth
The DSP Dynamic Asset Allocation Fund - Direct Plan - Growth, invests in stocks and low risk fixed income securities. The fund manager focuses on protection of capital, by investing in money market instruments and maximising return for the investors, by investing in stocks. On the flip side, the fund is not suitable for conservative investors, as it invests in stocks.
Fund Information and Statistics
i) Inception/Launch Date
DSP Dynamic Asset Allocation Fund was launched on 06 February 2014.
ii) Risk Level
DSP Mutual Fund has put DSP Dynamic Asset Allocation Fund under the 'moderate risk' category. It is riskier as compared to liquid funds.
The DSP Dynamic Asset Allocation Fund is open-ended and can be redeemed at any time.
iv) Fund Manager
Mr Atul Bhole and Mr Saurabh Bhatia are the current fund managers of DSP Dynamic Asset Allocation Fund.
v) Entry/Exit Load
SEBI norms have barred mutual fund houses from charging an entry load. An exit load of 1% applies to the units which are in excess of 10%, if redeemed within 365 days from the date of allocation.
About DSP Mutual Fund
DSP Mutual Fund was earlier known as DSP BlackRock Mutual Fund. It was established as a joint venture between DSP Group of India and Merrill Lynch of the USA, way back in 1996. DSP HMK Holdings, DSP Adiko Holdings and BlackRock Inc are the sponsors of the fund. It has DSP BlackRock Trustee Company Pvt. Ltd. as its trustee. As of June 2020, the fund has total assets under management (AUM), of Rs 73,450 crore.
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Min amount: ₹500
All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,
- High Risk = High possible returns
- Low Risk = Stable, relatively lower returns