360 ONE ELSS Tax Saver Nifty 50 Index Fund vs DSP Dynamic Asset Allocation Fund

Direct Plan, Growth option · Data as on 30-10-2026

360 ONE ELSS Tax Saver Nifty 50 Index Fund is an Index fund and DSP Dynamic Asset Allocation Fund is a Balanced Advantage fund. In the 3 years to 30-10-2026, 360 ONE ELSS Tax Saver Nifty 50 Index Fund (Direct) returned 7.3% a year and DSP Dynamic Asset Allocation Fund (Direct) returned 10.3% a year. 360 ONE ELSS Tax Saver Nifty 50 Index Fund charges 0.37% a year and DSP Dynamic Asset Allocation Fund 1.04% (Direct plans). Their portfolios overlap 45.8%: they hold 23 of the same securities.

360 ONE ELSS Tax Saver Nifty 50 Index Fund

Index

3 year return: 7.3%
Expense ratio: 0.37%
NAV: ₹13.11

See 360 ONE ELSS Tax Saver Nifty 50 Index Fund

DSP Dynamic Asset Allocation Fund

Balanced Advantage

3 year return: 10.3%
Expense ratio: 1.04%
NAV: ₹32.53

See DSP Dynamic Asset Allocation Fund

Which is better, 360 ONE ELSS Tax Saver Nifty 50 Index or DSP Dynamic Asset Allocation? Key differences

It depends on what you want from the fund. These are the differences in numbers, from the data on this page.

DSP Dynamic Asset Allocation returned more over 3 years: 10.3% a year against 7.3%.
DSP Dynamic Asset Allocation returned more over 1 year: 0.3% against −10.2%.
360 ONE ELSS Tax Saver Nifty 50 Index costs less: 0.37% a year against 1.04% (Direct plans).
DSP Dynamic Asset Allocation swung less over 3 years: a standard deviation of 5.8% a year against 13.1%.
DSP Dynamic Asset Allocation fell less in its worst fall since 02-01-2023: −5.5% against −15.4%.
360 ONE ELSS Tax Saver Nifty 50 Index holds more in large companies: 98.3% of the fund in large caps against 60.4%.
DSP Dynamic Asset Allocation is the larger fund: ₹3,704 Cr against ₹65 Cr.
Their portfolios overlap 45.8%: 23 of the same holdings.

Past returns do not promise future returns. This page is information, not investment advice.

NAV comparison

How each fund's NAV moved over the same days, as % change since the first day of the range

360 ONE ELSS Tax Saver Nifty 50 Index Fund (Direct)
+30.7%
DSP Dynamic Asset Allocation Fund (Direct)
+46.8%

Change in NAV from 02-01-2023 to 30-10-2026

0%+20%+40%+60%

Key facts

From each fund's scheme summary document and AMFI

Fact	360 ONE ELSS Tax Saver Nifty 50 Index Fund	DSP Dynamic Asset Allocation Fund
Fund house	360 ONE Mutual Fund	DSP Mutual Fund
Category	Index	Balanced Advantage
AUM	₹65 Cr (30-09-2026)	₹3,704 Cr (30-09-2026)
NAV	₹13.11 (Direct)	₹32.53 (Direct)
Expense ratio (Direct)	0.37%	1.04%
Expense ratio (Regular)	0.62%	2.26%
Riskometer	Very High	Very High
Benchmark	Nifty 50 TRI	CRISIL Hybrid 50+50 - Moderate Index
Launch date	28-12-2022	06-02-2014
Minimum investment	₹500	₹100
Lock in	None	None
Fund managers	Viral Mehta, Pranav Mise	Rohit Singhania, Shantanu Godambe, Kaivalya Nadkarni, Preethi R S
Exit load	Nil	Exit load of 1%, if redeemed within 1 months.

360 ONE ELSS Tax Saver Nifty 50 Index vs DSP Dynamic Asset Allocation: Returns Comparison

Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.

Fund	1M	3M	6M	1Y	3Y	5Y	10Y
360 ONE ELSS Tax Saver Nifty 50 Index Fund (Direct)	+1.84%	−5.10%	−3.32%	−10.18%	+7.32%	--	--
DSP Dynamic Asset Allocation Fund (Direct)	+0.02%	−2.52%	+0.35%	+0.25%	+10.26%	+8.33%	+9.16%
Balanced Advantage average	−0.55%	−2.88%	+0.08%	−2.08%	+9.14%	+8.35%	+9.91%

Category average: the average of the 38 Balanced Advantage funds, same plan type.

360 ONE ELSS Tax Saver Nifty 50 Index vs DSP Dynamic Asset Allocation: Year-wise Returns

Year	360 ONE ELSS Tax Saver Nifty 50 Index360 ONE ELSS Tax Saver Nifty 50 Index	DSP Dynamic Asset AllocationDSP Dynamic Asset Allocation
2026to date	−11.05%	−0.99%
2025	+11.53%	+10.02%
2024	+9.78%	+13.74%
2023	--	+18.48%
2022	--	+1.31%
2021	--	+10.80%

360 ONE ELSS Tax Saver Nifty 50 Index vs DSP Dynamic Asset Allocation: Rolling Returns

Every holding period of both funds, against Nifty 50 TRI, the benchmark of 360 ONE ELSS Tax Saver Nifty 50 Index Fund

Rolling returns

Every 3-year holding period, 202 of them, one for each trading day from 02-01-2026 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.

0%5%10%15%

Jan 2023
to
Jan 2026Mar 2023
to
Mar 2026May 2023
to
May 2026Jun 2023
to
Jun 2026Aug 2023
to
Aug 2026Oct 2023
to
Oct 2026

360 ONE ELSS Tax Saver Nifty 50 Index Fund (Direct)DSP Dynamic Asset Allocation Fund (Direct)Nifty 50 TRI

How the periods spread

Fund	5-10%	10-15%	Mean	Median	Lowest	Highest	Beat benchmark
360 ONE ELSS Tax Saver Nifty 50 Index	56.4	43.6	10.0%	9.5%	5.1%	14.6%	0%
DSP Dynamic Asset Allocation	6.9	93.1	12.2%	12.1%	9.6%	14.4%	83%
Nifty 50 TRI	52.0	48.0	10.3%	9.8%	5.4%	15.0%	--

The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is Nifty 50 TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 02-01-2023. Past returns do not promise future returns.

360 ONE ELSS Tax Saver Nifty 50 Index vs DSP Dynamic Asset Allocation: SIP and Lumpsum Returns

What the same monthly or one-time investment would be worth in each fund today, from their own NAV history

Growth of an investment

Every month₹

Step up each year

PeriodFor

₹10,000 on the first trading day of every month, from 02-01-2023 to 30-10-2026: 46 instalments, ₹4,60,000 in all.

Investment	Invested	Value now	Gain	Return a year
360 ONE ELSS Tax Saver Nifty 50 Index360 ONE ELSS Tax Saver Nifty 50 Index Fund (Direct)	₹4,60,000	₹4,84,086	₹24,086	2.6%
DSP Dynamic Asset AllocationDSP Dynamic Asset Allocation Fund (Direct)	₹4,60,000	₹5,30,943	₹70,943	7.4%

₹0₹2.0 L₹4.0 L₹6.0 L

202420252026

360 ONE ELSS Tax Saver Nifty 50 Index360 ONE ELSS Tax Saver Nifty 50 Index Fund (Direct)DSP Dynamic Asset AllocationDSP Dynamic Asset Allocation Fund (Direct)Amount invested

From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.

360 ONE ELSS Tax Saver Nifty 50 Index vs DSP Dynamic Asset Allocation: Risk and Drawdowns

How much each fund swings, and the worst fall over the same days

Risk and return

Measure	360 ONE ELSS Tax Saver Nifty 50 Index Fund (Direct)	DSP Dynamic Asset Allocation Fund (Direct)
Return (CAGR)	−10.18%	+0.25%
Standard deviation	13.55%	6.52%
Sharpe ratio	-1.14	-0.77
Sortino ratio	-1.52	-1.04
Maximum drawdown	−15.0% (31-03-2026)	−5.5% (30-03-2026)
Beta	0.99	--
Alpha	−0.27%	--

From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.

Measure	360 ONE ELSS Tax Saver Nifty 50 Index Fund (Direct)	DSP Dynamic Asset Allocation Fund (Direct)
Return (CAGR)	+7.32%	+10.26%
Standard deviation	13.12%	5.81%
Sharpe ratio	0.10	0.73
Sortino ratio	0.14	1.00
Maximum drawdown	−15.4% (04-03-2025)	−5.5% (30-03-2026)
Beta	0.99	--
Alpha	−0.30%	--

From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.

Measure	360 ONE ELSS Tax Saver Nifty 50 Index Fund (Direct)	DSP Dynamic Asset Allocation Fund (Direct)
Return (CAGR)	+7.25%	+9.70%
Standard deviation	12.42%	6.86%
Sharpe ratio	0.09	0.56
Sortino ratio	0.12	0.76
Maximum drawdown	−15.4% (04-03-2025)	−19.3% (23-03-2020)
Beta	0.99	--
Alpha	−0.36%	--

From daily NAVs, 02-01-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.

Drawdowns

How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.

−20%−15%−10%−5%0%

202420252026

360 ONE ELSS Tax Saver Nifty 50 Index Fund (Direct)DSP Dynamic Asset Allocation Fund (Direct)Nifty 50 TRI

Fund	Worst fall	High before it	Bottom	Back at the high	Time to climb back	Below its high today
360 ONE ELSS Tax Saver Nifty 50 Index Fund (Direct)	−15.4%	26-09-2024	04-03-2025	27-10-2025	8 months	−11.7%
DSP Dynamic Asset Allocation Fund (Direct)	−5.5%	06-01-2026	30-03-2026	21-04-2026	22 days	−3.7%
Nifty 50 TRI	−15.4%	26-09-2024	04-03-2025	23-10-2025	8 months	−11.6%

From daily values since 02-01-2023, the first day every fund has.

Rolling standard deviation

Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.

0%5%10%15%

360 ONE ELSS Tax Saver Nifty 50 Index Fund (Direct)DSP Dynamic Asset Allocation Fund (Direct)Nifty 50 TRI

Against Nifty 50 TRI

Fund	Up capture	Down capture	Tracking error
360 ONE ELSS Tax Saver Nifty 50 Index Fund (Direct)	98%	100%	0.13%
DSP Dynamic Asset Allocation Fund (Direct)	63%	27%	7.63%

From month-end values since 02-01-2023. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.

360 ONE ELSS Tax Saver Nifty 50 Index vs DSP Dynamic Asset Allocation: Portfolio Overlap

From each fund's latest monthly portfolio: 360 ONE ELSS Tax Saver Nifty 50 Index Fund, September 2026; DSP Dynamic Asset Allocation Fund, September 2026

Holdings in common

Overlap: 45.8%
Held by both: 23
Only in 360 ONE ELSS Tax Saver Nifty 50 Index: 27
Only in DSP Dynamic Asset Allocation: 49

Security	% of 360 ONE ELSS Tax Saver Nifty 50 Index	% of DSP Dynamic Asset Allocation
ICICI Bank Limited	9.12%	7.41%
HDFC Bank Limited	10.47%	7.28%
Bharti Airtel Limited	5.08%	3.96%
State Bank of India	3.83%	4.27%
Axis Bank Limited	3.40%	4.96%
Kotak Mahindra Bank Limited	2.96%	3.86%
Titan Company Limited	1.83%	1.85%
Reliance Industries Limited	7.74%	1.50%
Mahindra & Mahindra Limited	2.54%	1.30%
NTPC Limited	1.48%	1.24%
Hindalco Industries Limited	1.32%	1.20%
Hindustan Unilever Limited	1.61%	1.07%
Tata Steel Limited	1.47%	0.98%
ITC Limited	2.44%	0.97%
Bharat Electronics Limited	1.34%	0.97%
Bajaj Finserv Limited	0.96%	2.01%
Oil & Natural Gas Corporation Limited	0.85%	1.46%
Eternal Limited	2.22%	0.80%
SBI Life Insurance Company Limited	0.74%	1.55%
Cipla Limited	0.73%	1.40%
Infosys Limited	3.36%	0.69%
Maruti Suzuki India Limited	1.51%	0.63%
HDFC Life Insurance Company Limited	0.54%	1.36%

Overlap: for each holding both funds own, the smaller of its two weights, added up. 45.8% means 45.8% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.

Largest holdings only in 360 ONE ELSS Tax Saver Nifty 50 Index Fund

Security	% of fund
Larsen & Toubro Limited	4.25%
Bajaj Finance Limited	2.48%
Tata Consultancy Services Limited	2.02%
Sun Pharmaceutical Industries Limited	1.86%
Shriram Finance Limited	1.33%

Largest holdings only in DSP Dynamic Asset Allocation Fund

Security	% of fund
Bandhan Bank Limited	1.87%
7.06% GOI 10042028	1.69%
LG Electronics India Limited	1.48%
7.17% GOI 17042030	1.41%
REC Limited	1.40%

Asset and sector split

Share of each fund, from its latest monthly portfolio

Asset allocation

Asset	360 ONE ELSS Tax Saver Nifty 50 Index	DSP Dynamic Asset Allocation
Equity	99.7%	72.2%
Debt	0.0%	23.0%
Cash and others	0.3%	4.8%

Market cap of stocks

Market cap	360 ONE ELSS Tax Saver Nifty 50 Index	DSP Dynamic Asset Allocation
Large Cap	98.3%	60.4%
Mid Cap	1.4%	5.8%
Small Cap	0.0%	5.9%

Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.

Largest sectors

Sector	360 ONE ELSS Tax Saver Nifty 50 Index	DSP Dynamic Asset Allocation
Banks	29.8%	31.9%
IT - Software	8.0%	1.4%
Petroleum Products	7.7%	2.6%
Automobiles	6.7%	2.7%
Insurance	1.3%	5.6%
Finance	5.5%	3.6%
Telecom - Services	5.1%	4.0%
Consumer Durables	2.9%	4.3%
Pharmaceuticals & Biotechnology	3.3%	3.5%

The six largest sectors of each fund's stocks, % of the fund.

360 ONE ELSS Tax Saver Nifty 50 Index vs DSP Dynamic Asset Allocation: Expense Ratio

What each plan charges a year, from AMFI's expense ratio file

Charge	360 ONE ELSS Tax Saver Nifty 50 Index Fund	DSP Dynamic Asset Allocation Fund
Total expense ratio (Direct)	0.37%	1.04%
Base expense ratio (Direct)	0.31%	0.59%
Total expense ratio (Regular)	0.62%	2.26%
Base expense ratio (Regular)	0.52%	1.62%

The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.

More comparisons

Each fund against the others of its category

Compare DSP Dynamic Asset Allocation with

360 ONE ELSS Tax Saver Nifty 50 Index Fund vs DSP Dynamic Asset Allocation Fund: Frequently Asked Questions

What is the difference between 360 ONE ELSS Tax Saver Nifty 50 Index Fund and DSP Dynamic Asset Allocation Fund?

360 ONE ELSS Tax Saver Nifty 50 Index Fund is an Index fund, DSP Dynamic Asset Allocation Fund is a Balanced Advantage fund, run by 360 ONE Mutual Fund and DSP Mutual Fund. Their portfolios overlap 45.8%. 360 ONE ELSS Tax Saver Nifty 50 Index Fund charges 0.37% a year and DSP Dynamic Asset Allocation Fund 1.04%.

Which has given higher returns, 360 ONE ELSS Tax Saver Nifty 50 Index Fund or DSP Dynamic Asset Allocation Fund?

Over 1 year: 360 ONE ELSS Tax Saver Nifty 50 Index Fund −10.18%, DSP Dynamic Asset Allocation Fund +0.25%. Over 3 years: 360 ONE ELSS Tax Saver Nifty 50 Index Fund +7.32% a year, DSP Dynamic Asset Allocation Fund +10.26% a year. As on 30-10-2026. Past returns do not promise future returns.

Which has the lower expense ratio, 360 ONE ELSS Tax Saver Nifty 50 Index Fund or DSP Dynamic Asset Allocation Fund?

360 ONE ELSS Tax Saver Nifty 50 Index Fund charges less: 0.37% a year against 1.04%. These are the Direct plans' total expense ratios reported to AMFI.

How much do 360 ONE ELSS Tax Saver Nifty 50 Index Fund and DSP Dynamic Asset Allocation Fund overlap?

45.8%. They hold 23 of the same securities, the largest shared ones being ICICIBANK, HDFCBANK, BHARTIARTL. From each fund's latest monthly portfolio.

Which is riskier, 360 ONE ELSS Tax Saver Nifty 50 Index Fund or DSP Dynamic Asset Allocation Fund?

On SEBI's riskometer, 360 ONE ELSS Tax Saver Nifty 50 Index Fund is rated Very High and DSP Dynamic Asset Allocation Fund Very High. Over 3 years, the standard deviation of daily returns was 13.12% and 5.81% a year.

Which is better for SIP, 360 ONE ELSS Tax Saver Nifty 50 Index Fund or DSP Dynamic Asset Allocation Fund?

Over the last 3 years, a monthly SIP of ₹10,000 from 03-10-2023 to 30-10-2026 grew to ₹3,67,786 in 360 ONE ELSS Tax Saver Nifty 50 Index Fund (XIRR -0.4% a year) and ₹4,03,052 in DSP Dynamic Asset Allocation Fund (XIRR 5.5% a year). Both received 37 instalments. Past returns do not promise future returns.

Can I invest in both 360 ONE ELSS Tax Saver Nifty 50 Index Fund and DSP Dynamic Asset Allocation Fund?

Yes. 45.8% of each fund's money sits in the same holdings, so a large part of the two investments would move together.

Who manages 360 ONE ELSS Tax Saver Nifty 50 Index Fund and DSP Dynamic Asset Allocation Fund?

360 ONE ELSS Tax Saver Nifty 50 Index Fund: Viral Mehta, Pranav Mise. DSP Dynamic Asset Allocation Fund: Rohit Singhania, Shantanu Godambe, Kaivalya Nadkarni, Preethi R S.

Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.

This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.