DSP Dynamic Asset Allocation Fund

Balanced AdvantageDirect and Regular plans, Growth and IDCW options

Data as on 30-10-2026

DSP Dynamic Asset Allocation Fund is a Balanced Advantage fund run by DSP Mutual Fund. On 30-09-2026, it managed ₹3,704 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 10.3% a year and its Regular plan returned 8.9% a year.

NAV (Direct plan): ₹32.53; ▲ 0.02%30-10-2026
NAV (Regular plan): ₹27.95; ▲ 0.03%30-10-2026
Expense ratio: 1.04%Direct2.26%Regular; 1.04%; A year
Riskometer: Very High; Set by the fund house
3 year return: 10.3%Direct8.9%Regular; 10.3%; A year

DSP Dynamic Asset Allocation Fund NAV Today

NAV on 30-10-2026: Direct Plan Growth ₹32.53 (up 0.02% that day); Regular Plan Growth ₹27.95 (up 0.03% that day).

This fund (Direct plan)

₹32.529

DSP Dynamic Asset Allocation Fund Returns vs Balanced Advantage Funds

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

Trailing returns
Period	1M	3M	6M	1Y	3Y	5Y	10Y
This fund (Direct)	+0.02%	−2.52%	+0.35%	+0.25%	+10.26%	+8.33%	+9.16%
This fund (Regular)	−0.08%	−2.82%	−0.26%	−0.97%	+8.93%	+7.01%	+7.76%
Balanced Advantage average	−0.55%	−2.88%	+0.08%	−2.08%	+9.14%	+8.35%	+9.91%
Best in Balanced Advantage	+1.54%	+1.98%	+8.19%	+8.40%	+12.82%	+13.03%	+13.61%
Worst in Balanced Advantage	−3.94%	−6.19%	−4.43%	−6.88%	+2.71%	+5.58%	+7.30%
Rank in Balanced Advantage	10/37	13/37	17/37	8/36	10/30	12/20	8/11

Category rows compare the Direct plans of 38 Balanced Advantage funds. Rank 1 is the highest return. This fund's benchmark is CRISIL Hybrid 50+50 - Moderate Index. Returns of that index are not available to us, so the category average is the comparison.

DSP Dynamic Asset Allocation Fund Year-wise Returns

Return of each calendar year
Year	Direct	Regular
2026to date	−0.99%	−1.99%
2025	+10.02%	+8.69%
2024	+13.74%	+12.37%
2023	+18.48%	+17.06%
2022	+1.31%	+0.08%
2021	+10.80%	+9.31%

DSP Dynamic Asset Allocation Fund Rolling Returns

The return of every holding period in the fund's history, not only the one that ends today

Rolling returns

Each point is the yearly return of one 3-year holding period, plotted on the day it ended. There are 2,392 periods, one for each trading day from 07-02-2017 to 30-10-2026.

0%5%10%15%20%

Nov 2014
to
Nov 2017Jul 2016
to
Jul 2019Mar 2018
to
Mar 2021Nov 2019
to
Nov 2022Jun 2021
to
Jun 2024Jan 2023
to
Jan 2026

DSP Dynamic Asset Allocation Fund (Direct)Category average, 38 Balanced Advantage funds

Every holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Category median	Beat category
1 year	2,874	9.4%	−9.1%	40.1%	3%	9.3%	46%
2 years	2,634	10.0%	−1.0%	22.3%	0%	11.2%	40%
3 years	2,392	10.3%	1.5%	15.4%	0%	11.6%	27%
5 years	1,902	9.9%	4.3%	16.0%	0%	11.0%	12%
7 years	1,410	10.2%	8.4%	11.6%	0%	11.2%	0%
10 years	672	10.3%	9.0%	11.2%	0%	11.3%	0%

Every SIP holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Category median	Beat category
1 year	141	9.0%	−18.6%	28.1%	6%	9.6%	47%
2 years	129	10.1%	−6.1%	21.5%	1%	10.5%	46%
3 years	117	9.7%	−2.2%	17.2%	1%	12.0%	35%
5 years	93	10.3%	2.3%	14.5%	0%	11.1%	31%
7 years	69	10.8%	7.8%	13.1%	0%	11.5%	0%
10 years	33	10.9%	9.5%	11.8%	0%	11.9%	0%

Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. "Beat category" counts the periods in which the fund did better than the average of the 38 Balanced Advantage funds (Direct plans, each weighted the same) over the same days. Past returns do not promise future returns.

DSP Dynamic Asset Allocation Fund Risk

How much it swings, and the falls an investor had to sit through

Risk and return

Measure	DSP Dynamic Asset Allocation Fund (Direct)This fund	Category average
Return (CAGR)	+0.25%	−2.10%
Standard deviation	6.52%	8.39%
Sharpe ratio	-0.77	-0.88
Sortino ratio	-1.04	-1.17
Maximum drawdown	−5.5% (30-03-2026)	−8.3% (30-03-2026)

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.

Measure	DSP Dynamic Asset Allocation Fund (Direct)This fund	Category average
Return (CAGR)	+10.26%	+9.05%
Standard deviation	5.81%	7.94%
Sharpe ratio	0.73	0.38
Sortino ratio	1.00	0.51
Maximum drawdown	−5.5% (30-03-2026)	−9.4% (28-02-2025)

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.

Measure	DSP Dynamic Asset Allocation Fund (Direct)This fund	Category average
Return (CAGR)	+8.33%	+8.47%
Standard deviation	5.85%	7.56%
Sharpe ratio	0.43	0.35
Sortino ratio	0.59	0.48
Maximum drawdown	−7.9% (17-06-2022)	−9.4% (28-02-2025)

From daily NAVs, 29-10-2021 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.

Measure	DSP Dynamic Asset Allocation Fund (Direct)This fund	Category average
Return (CAGR)	+9.16%	+9.99%
Standard deviation	7.37%	8.64%
Sharpe ratio	0.51	0.53
Sortino ratio	0.69	0.71
Maximum drawdown	−19.3% (23-03-2020)	−22.6% (23-03-2020)

From daily NAVs, 28-10-2016 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.

Measure	DSP Dynamic Asset Allocation Fund (Direct)This fund	Category average
Return (CAGR)	+9.70%	+11.36%
Standard deviation	6.86%	8.66%
Sharpe ratio	0.56	0.64
Sortino ratio	0.76	0.86
Maximum drawdown	−19.3% (23-03-2020)	−22.6% (23-03-2020)

From daily NAVs, 07-02-2014 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.

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.

−25%−20%−15%−10%−5%0%

201520172019202120232025

DSP Dynamic Asset Allocation Fund (Direct)Category average, 38 Balanced Advantage funds

	Worst fall	High before it	Bottom	Back at the high	Time to climb back	Below its high today
DSP Dynamic Asset Allocation Fund (Direct)	−19.3%	19-02-2020	23-03-2020	07-08-2020	5 months	−3.7%
Category average	−22.6%	12-02-2020	23-03-2020	18-08-2020	5 months	−4.2%

From the Direct plan's daily NAV since 07-02-2014, adjusted for unit splits, and the average of the 38 Balanced Advantage funds (Direct plans, each weighted the same) over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.

DSP Dynamic Asset Allocation Fund vs Other Balanced Advantage Funds

The five Balanced Advantage funds with the best three year return, and this fund. Direct plans.

Fund name	Rank	AUM (Cr)	Exp. ratio	1Y return	3Y return	3Y alpha	3Y beta	3Y Sharpe	3Y Sortino
quant Dynamic Asset Allocation Fund	1/30	810	1.55%	−5.79%	+12.82%	--	--	0.49	0.67	Compare
Aditya Birla Sun Life Balanced Advantage Fund	2/30	9,836	0.89%	+2.18%	+11.60%	--	--	0.67	0.94	Compare
Baroda BNP Paribas Balanced Advantage Fund	3/30	5,162	0.92%	−0.62%	+11.52%	--	--	0.52	0.70	Compare
Axis Balanced Advantage Fund	4/30	3,651	1.00%	−1.41%	+11.50%	--	--	0.68	0.95	Compare
WhiteOak Capital Balanced Advantage Fund	5/30	2,256	0.84%	−0.57%	+11.37%	--	--	0.64	0.88	Compare
DSP Dynamic Asset Allocation Fund	10/30	3,704	1.04%	+0.25%	+10.26%	--	--	0.73	1.00

AUM is each fund's size at the end of its last reported month, from its own portfolio file. We calculate the risk ratios from daily NAVs over the last three years. The risk-free return is what NSE's overnight rate index earned over the same years. Alpha and beta compare each fund with its own benchmark's TRI. "--" means we have no figure: for alpha and beta, no daily series for that benchmark.

DSP Dynamic Asset Allocation Fund Expense Ratio and Costs

What each plan charges a year, in force from 01-09-2026

Plan	Base expense ratio	Brokerage	Transaction costs	Levies and GST	Total expense ratio	Balanced Advantage median	Cost rank (1 = cheapest)
Direct	0.59%	0.06%	0.01%	0.38%	1.04%	1.04%	20/38
Regular	1.62%	0.06%	0.01%	0.57%	2.26%	2.30%	18/38

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, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file. Cost rank: where this plan comes when the Balanced Advantage funds' plans of the same type are sorted from the lowest total expense ratio to the highest.

Direct vs Regular: what the gap cost

Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.

Over the last	Regular	Direct	Direct earned more by	₹1 lakh became (Regular)	₹1 lakh became (Direct)
1 year	−0.97%	0.25%	1.22%	₹99,030	₹1,00,250
3 years	8.93%	10.26%	1.33% a year	₹1,29,254	₹1,34,046
5 years	7.01%	8.33%	1.32% a year	₹1,40,321	₹1,49,191
10 years	7.76%	9.16%	1.40% a year	₹2,11,143	₹2,40,234

Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.

DSP Dynamic Asset Allocation Fund SIP Calculator

What a one-time or monthly investment in this fund would be worth today, from its 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 07-02-2014 to 30-10-2026: 153 instalments, ₹15,30,000 in all.

Investment	Invested	Value now	Gain	Return a year
Direct planDSP Dynamic Asset Allocation Fund (Direct)	₹15,30,000	₹28,83,634	₹13,53,634	9.5%
Regular planDSP Dynamic Asset Allocation Fund (Regular)	₹15,30,000	₹26,20,403	₹10,90,403	8.1%
Category averageCategory average, 38 Balanced Advantage funds	₹15,30,000	₹29,88,547	₹14,58,547	10.0%

₹0₹10.0 L₹20.0 L₹30.0 L₹40.0 L

201520172019202120232025

Direct planDSP Dynamic Asset Allocation Fund (Direct)Regular planDSP Dynamic Asset Allocation Fund (Regular)Category averageCategory average, 38 Balanced Advantage fundsAmount invested

From each plan's published NAV (Growth option) and the category average, 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.

DSP Dynamic Asset Allocation Fund Asset Allocation

Asset allocation as on 30-09-2026

What the fund holds

72.2%Equity

Asset	Fund	Category
Equity	72.2%	69.0%
Debt	23.0%	23.0%
Cash and others	4.8%	7.9%

Market cap of stocks

Market cap	Fund	Category
Large Cap	60.4%	47.4%
Mid Cap	5.8%	11.6%
Small Cap	5.9%	8.8%

Share of the whole fund. Category: the average of the Balanced Advantage funds that hold stocks. Groups follow AMFI's latest list, as SEBI defines them: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.

Credit rating

Bonds and money market papers by credit rating, % of the fund. Category: the average of 37 Balanced Advantage funds.

Rating	Fund	Category
Sovereign	5.6%	7.4%
AAA and A1+	13.5%	11.3%
AA	3.8%	3.3%

DSP Dynamic Asset Allocation Fund Sector Allocation

Sector allocation of the fund's stocks as on 30-09-2026

Largest sectors

Banks31.9%
Insurance5.6%
Consumer Durables4.3%
Telecom - Services4.0%
Finance3.6%
Pharmaceuticals & Biotechnology3.5%
Automobiles2.7%
Petroleum Products2.6%
Diversified FMCG2.0%
Aerospace & Defense1.5%

The ten largest of 22 sectors. The other 12 add up to 10.4%.

Sector changes

Sector	July 2026	August 2026	September 2026	Change
Banks	30.1%	32.2%	31.9%	+1.8%
Insurance	4.4%	5.1%	5.6%	+1.2%
Consumer Durables	4.3%	4.5%	4.3%	+0.1%
Telecom - Services	4.1%	4.0%	4.0%	−0.1%
Finance	3.6%	3.7%	3.6%	−0.1%

Each sector's share of the fund at the end of each month. The five largest sectors of September 2026. Change: from July 2026 to September 2026, in % of the fund.

DSP Dynamic Asset Allocation Fund Portfolio Holdings

As on 30-09-2026 · 72 holdings · from the fund house's monthly portfolio

Holdings	Sector / Rating	Weight%	1M change
ICICI Bank Limited	Banks	7.41%	0.0%
HDFC Bank Limited	Banks	7.28%	−5.4%
Axis Bank Limited	Banks	4.96%	0.0%
State Bank of India	Banks	4.27%	0.0%
Bharti Airtel Limited	Telecom - Services	3.96%	0.0%
Kotak Mahindra Bank Limited	Banks	3.86%	+15.3%
Bajaj Finserv Limited	Finance	2.01%	+14.1%
Bandhan Bank Limited	Banks	1.87%	0.0%
Titan Co Limited	Consumer Durables	1.85%	0.0%
7.06% GOI 10042028 · Government security	Sovereign	1.69%
SBI Life Insurance Co Limited	Insurance	1.55%	+20.4%
Reliance Industries Limited	Petroleum Products	1.50%	New
LG Electronics India Limited	Consumer Durables	1.48%	0.0%
Oil & Natural Gas Corporation Limited	Oil	1.46%	New
7.17% GOI 17042030 · Government security	Sovereign	1.41%
Cipla Limited	Pharmaceuticals & Biotechnology	1.40%	0.0%
REC Limited · Bond	CRISIL AAA	1.40%
Life Insurance Corporation Of India	Insurance	1.40%	0.0%
Bajaj Finance Limited · Bond	CRISIL AAA	1.39%
HDFC Life Insurance Co Limited	Insurance	1.36%	+21.1%
National Bank For Agriculture & Rural Development · Bond	CRISIL AAA	1.35%
LIC Housing Finance Limited · Bond	CRISIL AAA	1.35%
Mahindra & Mahindra Limited	Automobiles	1.30%	0.0%
NTPC Limited	Power	1.24%	+33.5%
Hindalco Industries Limited	Non - Ferrous Metals	1.20%	0.0%
Bank of Baroda	Banks	1.14%	0.0%
7.32% GOI 13112030 · Government security	Sovereign	1.13%
Bharat Petroleum Corporation Limited	Petroleum Products	1.10%	0.0%
Punjab National Bank	Banks	1.10%	0.0%
Hindustan Unilever Limited	Diversified FMCG	1.07%	0.0%
Torrent Pharmaceuticals Limited · Bond	ICRA AA+	1.07%
Max Financial Services Limited	Insurance	1.07%	+13.8%
Mankind Pharma Limited	Pharmaceuticals & Biotechnology	1.04%	0.0%
Alkem Laboratories Limited	Pharmaceuticals & Biotechnology	1.03%	+193.5%
PNB Housing Finance Limited	Finance	1.01%	0.0%
Tata Steel Limited	Ferrous Metals	0.98%	+21.1%
ITC Limited	Diversified FMCG	0.97%	0.0%
Bharat Electronics Limited	Aerospace & Defense	0.97%	+35.3%
Small Industries Development Bank Of India · Bond	CRISIL AAA	0.94%
Century Plyboards (India) Limited	Consumer Durables	0.81%	+5.9%
Eternal Limited	Retailing	0.80%	−30.6%
Hyundai Motor India Limited	Automobiles	0.78%	+100.6%
India Universal Trust	IND AAA(SO)	0.73%
Coforge Limited	IT - Software	0.73%	−5.1%
Bharti Telecom Limited · Bond	CRISIL AAA	0.73%
Bajaj Finance Limited · Bond	CRISIL AAA	0.71%
Muthoot Finance Limited · Bond	CRISIL AA+	0.71%
Power Finance Corporation Limited · Bond	CRISIL AAA	0.70%
National Bank For Agriculture & Rural Development · Bond	ICRA AAA	0.70%
Infosys Limited	IT - Software	0.69%	+55.3%
Muthoot Finance Limited · Bond	CRISIL AA+	0.69%
Muthoot Finance Limited · Bond	CRISIL AA+	0.69%
7.71% GOI 18052066 · Government security	Sovereign	0.69%
Cholamandalam Investment and Finance Co Limited · Bond	ICRA AA+	0.68%
6.94% GOI 11052036 · Government security	Sovereign	0.68%
REC Limited · Bond	CRISIL AAA	0.68%
National Bank for Financing Infrastructure and Development · Bond	CRISIL AAA	0.67%
National Bank for Financing Infrastructure and Development · Bond	CRISIL AAA	0.66%
HDFC Bank Limited · Certificate of deposit	CRISIL A1+	0.66%
Emami Limited	Personal Products	0.65%	0.0%
Indian Bank · Certificate of deposit	CRISIL A1+	0.64%
Maruti Suzuki India Limited	Automobiles	0.63%	0.0%
Tata Capital Limited	Finance	0.60%	−8.4%
Samvardhana Motherson International Limited	Auto Components	0.58%	0.0%
Mrs Bectors Food Specialities Limited	Food Products	0.57%	0.0%
Syngene International Limited	Healthcare Services	0.56%	+4.1%
Hindustan Aeronautics Limited	Aerospace & Defense	0.55%	−71.9%
PB Fintech Limited	Financial Technology (Fintech)	0.50%	+33.9%
Tata Motors Limited	Agricultural, Commercial & Construction Vehicles	0.47%	0.0%
Canara HSBC Life Insurance Co Limited	Insurance	0.23%	0.0%
La Opala RG Limited	Consumer Durables	0.21%	0.0%
Bharti Telecom Limited · Bond	CRISIL AAA	0.21%

DSP Dynamic Asset Allocation Fund Stocks Bought and Sold

All changes are between August 2026 and September 2026

Stocks bought and sold in September 2026

HDFC Bank Limited	Reduced	−5.4%	7.28%
Kotak Mahindra Bank Limited	Added	+15.3%	3.86%
Bajaj Finserv Limited	Added	+14.1%	2.01%
Hindustan Aeronautics Limited	Reduced	−71.9%	0.55%
SBI Life Insurance Co Limited	Added	+20.4%	1.55%
Reliance Industries Limited	New	New	1.50%
Oil & Natural Gas Corporation Limited	New	New	1.46%
HDFC Life Insurance Co Limited	Added	+21.1%	1.36%
NTPC Limited	Added	+33.5%	1.24%
Eternal Limited	Reduced	−30.6%	0.80%
Max Financial Services Limited	Added	+13.8%	1.07%
Alkem Laboratories Limited	Added	+193.5%	1.03%
Tata Steel Limited	Added	+21.1%	0.98%
Bharat Electronics Limited	Added	+35.3%	0.97%
Info Edge (India) Limited	Sold out	−100%	was 0.97%
Coforge Limited	Reduced	−5.1%	0.73%
Century Plyboards (India) Limited	Added	+5.9%	0.81%
Hyundai Motor India Limited	Added	+100.6%	0.78%
Tata Capital Limited	Reduced	−8.4%	0.60%
Infosys Limited	Added	+55.3%	0.69%
PB Fintech Limited	Added	+33.9%	0.50%
Syngene International Limited	Added	+4.1%	0.56%

A change is counted by the number of shares the fund holds, not by price. A stock can become a smaller part of the fund in a month when the fund bought more of it, if its price fell. Debt papers are left out.

What DSP Dynamic Asset Allocation Fund bought and sold

DSP Dynamic Asset Allocation Fund Portfolio Overlap

Funds with the most similar portfolios, across every fund house and category

Fund	Overlap	Holdings in common
DSP ELSS Tax Saver FundELSS · DSP	51.5%	28	Compare
Bandhan Nifty 100 Index FundIndex · Bandhan	46.0%	31	Compare
Tata NIFTY 50 Exchange Traded FundIndex · Tata	45.9%	23	Compare
Bandhan Nifty 50 Index FundIndex · Bandhan	45.8%	23	Compare
360 ONE ELSS Tax Saver Nifty 50 Index FundIndex · 360 ONE	45.8%	23	Compare
Zerodha Nifty 50 Index FundIndex · Zerodha	45.8%	23	Compare
Nippon India Index Fund - Nifty 50 PlanIndex · Nippon India	45.7%	23	Compare
JioBlackRock Nifty 50 Index FundIndex · Jio BlackRock	45.7%	23	Compare

Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.

DSP Dynamic Asset Allocation Fund Overview

Fund facts from the scheme summary document, as on 16-10-2026

Expense ratio (Direct): 1.04%
Expense ratio (Regular): 2.26%
Category: Balanced Advantage
Risk: Very High
Benchmark: CRISIL Hybrid 50+50 - Moderate Index
Launch date: 06-02-2014
Minimum investment: ₹100
Minimum additional investment: ₹100
AUM: ₹3,703.78 Cr (30-09-2026)
Lock in: None
Scheme code (Direct): 126393
ISIN (Direct): INF740K01K81
Scheme code (Regular): 126394
ISIN (Regular): INF740K01K57
NAV history: From 07-02-2014, 12.7 years

Exit load: Exit load of 1%, if redeemed within 1 months.

Tax on DSP Dynamic Asset Allocation Fund returns

How the gain is taxed depends on what the fund holds. A fund with 65% or more in Indian stocks is taxed as an equity fund: 20% within 1 year, 12.5% after, on gains above ₹1.25 lakh a year.
A fund with 65% or more in debt is taxed at your slab rate. Any other fund: your slab rate within 2 years, 12.5% after.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.

Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.

All plans and options

Plan	Option	NAV	As on
direct	Growth	₹32.529	30-10-2026
direct	Monthly IDCW	₹16.172	30-10-2026
regular	Growth	₹27.947	30-10-2026
regular	Monthly IDCW	₹13.447	30-10-2026

About DSP Dynamic Asset Allocation Fund

DSP Dynamic Asset Allocation Fund is a mutual fund from DSP Mutual Fund. Its category is Balanced Advantage. It was launched on 06-02-2014. Its benchmark is CRISIL Hybrid 50+50 - Moderate Index. At the end of September 2026 it held 72 securities.

Fund Manager

Rohit Singhania
Fund manager of DSP Dynamic Asset Allocation Fund, since 01-11-2023
Shantanu Godambe
Fund manager of DSP Dynamic Asset Allocation Fund, since 01-01-2025
Kaivalya Nadkarni
Fund manager of DSP Dynamic Asset Allocation Fund, since 01-10-2024
Preethi R S
Fund manager of DSP Dynamic Asset Allocation Fund, since 01-10-2025

See all funds of DSP Mutual Fund

AUM change

September 2026: ₹3,703.78 Cr; −3.07% from August 2026
August 2026: ₹3,821.11 Cr; +1.08% from July 2026
July 2026: ₹3,780.28 Cr; +0.83% from June 2026

AUM moves with money invested or taken out, and with the value of what the fund holds.

Compare DSP Dynamic Asset Allocation Fund with Other Funds

Returns, risk, costs and the stocks they share, side by side

DSP Dynamic Asset Allocation vs quant Dynamic Asset AllocationBalanced Advantage
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Frequently Asked Questions for DSP Dynamic Asset Allocation Fund

What is the current NAV of DSP Dynamic Asset Allocation Fund?

The Direct plan NAV is ₹32.529. The Regular plan NAV is ₹27.947, as on 30-10-2026.

What are the returns of DSP Dynamic Asset Allocation Fund?

The Direct plan returned +0.25% in 1 year, +10.26% a year over 3 years, +8.33% a year over 5 years. The Regular plan returned −0.97% in 1 year, +8.93% a year over 3 years, +7.01% a year over 5 years. These figures are as on 30-10-2026.

What is the expense ratio of DSP Dynamic Asset Allocation Fund?

The Direct plan charges 1.04% a year. The Regular plan charges 2.26% a year. This is the figure the fund house reported to AMFI, in force from 01-09-2026.

What is the AUM of DSP Dynamic Asset Allocation Fund?

DSP Dynamic Asset Allocation Fund managed ₹3,703.78 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.

What are the top holdings of DSP Dynamic Asset Allocation Fund?

At the end of September 2026 the largest holdings were ICICIBANK (7.41%), HDFCBANK (7.28%), AXISBANK (4.96%), SBIN (4.27%), BHARTIARTL (3.96%). The fund held 72 securities in all.

What did DSP Dynamic Asset Allocation Fund buy and sell in September 2026?

It bought 2 new stocks: Reliance Industries Limited, Oil & Natural Gas Corporation Limited. It sold out of 1: Info Edge (India) Limited. It added shares in 14. It reduced 5.

How do I invest in DSP Dynamic Asset Allocation Fund?

Through DSP Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least ₹100. You can invest once or through a monthly SIP.

Who is the fund manager of DSP Dynamic Asset Allocation Fund?

Rohit Singhania (since 01-11-2023), Shantanu Godambe (since 01-01-2025), Kaivalya Nadkarni (since 01-10-2024), Preethi R S (since 01-10-2025).

Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.

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.