Bandhan Nifty 100 Index Fund vs DSP Dynamic Asset Allocation Fund
Direct Plan, Growth option · Data as on 30-10-2026
Bandhan Nifty 100 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, Bandhan Nifty 100 Index Fund (Direct) returned 8.9% a year and DSP Dynamic Asset Allocation Fund (Direct) returned 10.3% a year. Bandhan Nifty 100 Index Fund charges 0.18% a year and DSP Dynamic Asset Allocation Fund 1.04% (Direct plans). Their portfolios overlap 46.0%: they hold 31 of the same securities.
Bandhan Nifty 100 Index Fund
Index
- 3 year return
- 8.9%
- Expense ratio
- 0.18%
- NAV
- ₹14.41
DSP Dynamic Asset Allocation Fund
Balanced Advantage
- 3 year return
- 10.3%
- Expense ratio
- 1.04%
- NAV
- ₹32.53
Which is better, Bandhan Nifty 100 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 8.9%.
- DSP Dynamic Asset Allocation returned more over 1 year: 0.3% against −8.8%.
- Bandhan Nifty 100 Index costs less: 0.18% 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 13.6%.
- DSP Dynamic Asset Allocation fell less in its worst fall since 25-02-2022: −6.7% against −17.3%.
- Bandhan Nifty 100 Index holds more in large companies: 97.9% of the fund in large caps against 60.4%.
- DSP Dynamic Asset Allocation is the larger fund: ₹3,704 Cr against ₹266 Cr.
- Their portfolios overlap 46.0%: 31 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Bandhan Nifty 100 Index Fund | DSP Dynamic Asset Allocation Fund |
|---|---|---|
| Fund house | Bandhan Mutual Fund | DSP Mutual Fund |
| Category | Index | Balanced Advantage |
| AUM | ₹266 Cr (31-08-2026) | ₹3,704 Cr (30-09-2026) |
| NAV | ₹14.41 (Direct) | ₹32.53 (Direct) |
| Expense ratio (Direct) | 0.18% | 1.04% |
| Expense ratio (Regular) | 0.68% | 2.26% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty 100 TRI | CRISIL Hybrid 50+50 - Moderate Index |
| Launch date | 24-02-2022 | 06-02-2014 |
| Minimum investment | ₹1,000 | ₹100 |
| Lock in | None | None |
| Fund managers | Abhishek Jain | Rohit Singhania, Shantanu Godambe, Kaivalya Nadkarni, Preethi R S |
| Exit load | Nil | Exit load of 1%, if redeemed within 1 months. |
Bandhan Nifty 100 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 |
|---|---|---|---|---|---|---|---|
| Bandhan Nifty 100 Index Fund (Direct) | +1.03% | −5.35% | −3.06% | −8.85% | +8.87% | -- | -- |
| 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.
Bandhan Nifty 100 Index vs DSP Dynamic Asset Allocation: Year-wise Returns
| Year | Bandhan Nifty 100 IndexBandhan Nifty 100 Index | DSP Dynamic Asset AllocationDSP Dynamic Asset Allocation |
|---|---|---|
| 2026to date | −9.46% | −0.99% |
| 2025 | +10.06% | +10.02% |
| 2024 | +12.69% | +13.74% |
| 2023 | +21.06% | +18.48% |
| 2022 | -- | +1.31% |
| 2021 | -- | +10.80% |
Bandhan Nifty 100 Index vs DSP Dynamic Asset Allocation: Rolling Returns
Every holding period of both funds, against Nifty 100 TRI, the benchmark of Bandhan Nifty 100 Index Fund
Rolling returns
Every 3-year holding period, 418 of them, one for each trading day from 25-02-2025 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.
Bandhan Nifty 100 Index Fund (Direct)
DSP Dynamic Asset Allocation Fund (Direct)
Nifty 100 TRI
to
Apr 2025Jul 2022
to
Jul 2025Nov 2022
to
Nov 2025Feb 2023
to
Feb 2026Jun 2023
to
Jun 2026Sept 2023
to
Sept 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bandhan Nifty 100 Index | 0.0 | 0.0 | 13.2 | 65.6 | 21.3 | 0.0 | 0.0 | 13.0% | 13.3% | 6.9% | 19.3% | 0% |
| DSP Dynamic Asset Allocation | 0.0 | 0.0 | 3.4 | 93.2 | 3.4 | 0.0 | 0.0 | 12.8% | 12.9% | 9.6% | 15.4% | 41% |
| Nifty 100 TRI | 0.0 | 0.0 | 11.0 | 65.1 | 23.9 | 0.0 | 0.0 | 13.2% | 13.5% | 7.1% | 19.6% | -- |
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 100 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 25-02-2022. Past returns do not promise future returns.
Bandhan Nifty 100 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
₹10,000 on the first trading day of every month, from 25-02-2022 to 30-10-2026: 57 instalments, ₹5,70,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Bandhan Nifty 100 IndexBandhan Nifty 100 Index Fund (Direct) | ₹5,70,000 | ₹6,51,743 | ₹81,743 | 5.6% |
| DSP Dynamic Asset AllocationDSP Dynamic Asset Allocation Fund (Direct) | ₹5,70,000 | ₹6,95,929 | ₹1,25,929 | 8.4% |
Bandhan Nifty 100 IndexBandhan Nifty 100 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.
Bandhan Nifty 100 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 | Bandhan Nifty 100 Index Fund (Direct) | DSP Dynamic Asset Allocation Fund (Direct) |
|---|---|---|
| Return (CAGR) | −8.85% | +0.25% |
| Standard deviation | 13.89% | 6.52% |
| Sharpe ratio | -1.02 | -0.77 |
| Sortino ratio | -1.35 | -1.04 |
| Maximum drawdown | −14.9% (30-03-2026) | −5.5% (30-03-2026) |
| Beta | 1.00 | -- |
| Alpha | −0.17% | -- |
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 | Bandhan Nifty 100 Index Fund (Direct) | DSP Dynamic Asset Allocation Fund (Direct) |
|---|---|---|
| Return (CAGR) | +8.87% | +10.26% |
| Standard deviation | 13.64% | 5.81% |
| Sharpe ratio | 0.21 | 0.73 |
| Sortino ratio | 0.29 | 1.00 |
| Maximum drawdown | −17.3% (28-02-2025) | −5.5% (30-03-2026) |
| Beta | 1.00 | -- |
| Alpha | −0.21% | -- |
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 | Bandhan Nifty 100 Index Fund (Direct) | DSP Dynamic Asset Allocation Fund (Direct) |
|---|---|---|
| Return (CAGR) | +8.81% | +9.70% |
| Standard deviation | 13.41% | 6.86% |
| Sharpe ratio | 0.21 | 0.56 |
| Sortino ratio | 0.29 | 0.76 |
| Maximum drawdown | −17.3% (28-02-2025) | −19.3% (23-03-2020) |
| Beta | 1.00 | -- |
| Alpha | −0.20% | -- |
From daily NAVs, 25-02-2022 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.
Bandhan Nifty 100 Index Fund (Direct)
DSP Dynamic Asset Allocation Fund (Direct)
Nifty 100 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Bandhan Nifty 100 Index Fund (Direct) | −17.3% | 26-09-2024 | 28-02-2025 | Not yet | -- | −10.3% |
| DSP Dynamic Asset Allocation Fund (Direct) | −6.7% | 05-04-2022 | 17-06-2022 | 29-07-2022 | 42 days | −3.7% |
| Nifty 100 TRI | −17.2% | 26-09-2024 | 28-02-2025 | 02-01-2026 | 10 months | −10.1% |
From daily values since 25-02-2022, 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 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Bandhan Nifty 100 Index Fund (Direct)
DSP Dynamic Asset Allocation Fund (Direct)
Nifty 100 TRI
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.
Bandhan Nifty 100 Index Fund (Direct)
DSP Dynamic Asset Allocation Fund (Direct)
Nifty 100 TRI
Against Nifty 100 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Bandhan Nifty 100 Index Fund (Direct) | 99% | 100% | 0.06% |
| DSP Dynamic Asset Allocation Fund (Direct) | 54% | 28% | 8.60% |
From month-end values since 25-02-2022. 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.
Bandhan Nifty 100 Index vs DSP Dynamic Asset Allocation: Portfolio Overlap
From each fund's latest monthly portfolio: Bandhan Nifty 100 Index Fund, August 2026; DSP Dynamic Asset Allocation Fund, September 2026
Holdings in common
- Overlap
- 46.0%
- Held by both
- 31
- Only in Bandhan Nifty 100 Index
- 69
- Only in DSP Dynamic Asset Allocation
- 41
| Security | % of Bandhan Nifty 100 Index | % of DSP Dynamic Asset Allocation |
|---|---|---|
| ICICI Bank Limited | 7.80% | 7.41% |
| HDFC Bank Limited | 8.13% | 7.28% |
| Bharti Airtel Limited | 4.12% | 3.96% |
| State Bank of India | 3.28% | 4.27% |
| Axis Bank Limited | 2.80% | 4.96% |
| Kotak Mahindra Bank Limited | 2.31% | 3.86% |
| Titan Company Limited | 1.58% | 1.85% |
| Reliance Industries Limited | 6.46% | 1.50% |
| Mahindra & Mahindra Limited | 2.19% | 1.30% |
| NTPC Limited | 1.16% | 1.24% |
| Hindalco Industries Limited | 1.10% | 1.20% |
| Hindustan Unilever Limited | 1.31% | 1.07% |
| Tata Steel Limited | 1.14% | 0.98% |
| ITC Limited | 1.84% | 0.97% |
| Bharat Electronics Limited | 1.11% | 0.97% |
| Bajaj Finserv Limited | 0.88% | 2.01% |
| Eternal Limited | 1.78% | 0.80% |
| Infosys Limited | 2.98% | 0.69% |
| Oil & Natural Gas Corporation Limited | 0.67% | 1.46% |
| Maruti Suzuki India Limited | 1.32% | 0.63% |
| SBI Life Insurance Company Limited | 0.59% | 1.55% |
| Cipla Limited | 0.59% | 1.40% |
| Samvardhana Motherson International Limited | 0.56% | 0.58% |
| Hindustan Aeronautics Limited | 0.68% | 0.55% |
| Bharat Petroleum Corporation Limited | 0.49% | 1.10% |
| Tata Motors Ltd | 0.74% | 0.47% |
| HDFC Life Insurance Company Limited | 0.44% | 1.36% |
| Bank of Baroda | 0.33% | 1.14% |
| Punjab National Bank | 0.29% | 1.10% |
| Hyundai Motor India Ltd | 0.24% | 0.78% |
| Tata Capital Limited | 0.14% | 0.60% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 46.0% means 46.0% 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 Bandhan Nifty 100 Index Fund
| Security | % of fund |
|---|---|
| Larsen & Toubro Limited | 3.54% |
| Bajaj Finance Limited | 2.12% |
| Tata Consultancy Services Limited | 1.83% |
| Sun Pharmaceutical Industries Limited | 1.57% |
| Shriram Finance Limited | 1.16% |
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 | Bandhan Nifty 100 Index | DSP Dynamic Asset Allocation |
|---|---|---|
| Equity | 101.5% | 72.2% |
| Debt | 0.0% | 23.0% |
| Cash and others | -1.5% | 4.8% |
Market cap of stocks
| Market cap | Bandhan Nifty 100 Index | DSP Dynamic Asset Allocation |
|---|---|---|
| Large Cap | 97.9% | 60.4% |
| Mid Cap | 3.6% | 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 | Bandhan Nifty 100 Index | DSP Dynamic Asset Allocation |
|---|---|---|
| Banks | 25.5% | 31.9% |
| Petroleum Products | 7.3% | 2.6% |
| IT - Software | 7.3% | 1.4% |
| Finance | 6.9% | 3.6% |
| Automobiles | 6.8% | 2.7% |
| Insurance | 1.0% | 5.6% |
| Pharmaceuticals & Biotechnology | 4.4% | 3.5% |
| Consumer Durables | 2.5% | 4.3% |
| Telecom - Services | 4.1% | 4.0% |
The six largest sectors of each fund's stocks, % of the fund.
Bandhan Nifty 100 Index vs DSP Dynamic Asset Allocation: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Bandhan Nifty 100 Index Fund | DSP Dynamic Asset Allocation Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.18% | 1.04% |
| Base expense ratio (Direct) | 0.08% | 0.59% |
| Total expense ratio (Regular) | 0.68% | 2.26% |
| Base expense ratio (Regular) | 0.51% | 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.
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Bandhan Nifty 100 Index Fund vs DSP Dynamic Asset Allocation Fund: Frequently Asked Questions
What is the difference between Bandhan Nifty 100 Index Fund and DSP Dynamic Asset Allocation Fund?
Bandhan Nifty 100 Index Fund is an Index fund, DSP Dynamic Asset Allocation Fund is a Balanced Advantage fund, run by Bandhan Mutual Fund and DSP Mutual Fund. Their portfolios overlap 46.0%. Bandhan Nifty 100 Index Fund charges 0.18% a year and DSP Dynamic Asset Allocation Fund 1.04%.
Which has given higher returns, Bandhan Nifty 100 Index Fund or DSP Dynamic Asset Allocation Fund?
Over 1 year: Bandhan Nifty 100 Index Fund −8.85%, DSP Dynamic Asset Allocation Fund +0.25%. Over 3 years: Bandhan Nifty 100 Index Fund +8.87% 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, Bandhan Nifty 100 Index Fund or DSP Dynamic Asset Allocation Fund?
Bandhan Nifty 100 Index Fund charges less: 0.18% a year against 1.04%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Bandhan Nifty 100 Index Fund and DSP Dynamic Asset Allocation Fund overlap?
46.0%. They hold 31 of the same securities, the largest shared ones being ICICIBANK, HDFCBANK, BHARTIARTL. From each fund's latest monthly portfolio.
Which is riskier, Bandhan Nifty 100 Index Fund or DSP Dynamic Asset Allocation Fund?
On SEBI's riskometer, Bandhan Nifty 100 Index Fund is rated Very High and DSP Dynamic Asset Allocation Fund Very High. Over 3 years, the standard deviation of daily returns was 13.64% and 5.81% a year.
Which is better for SIP, Bandhan Nifty 100 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 ₹3,72,224 in Bandhan Nifty 100 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 Bandhan Nifty 100 Index Fund and DSP Dynamic Asset Allocation Fund?
Yes. 46.0% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Bandhan Nifty 100 Index Fund and DSP Dynamic Asset Allocation Fund?
Bandhan Nifty 100 Index Fund: Abhishek Jain. 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.