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Parag Parikh Dynamic Asset Allocation Fund Direct Growth
HybridDynamic Asset AllocationModerate Risk
Direct
NAV (21-Nov-24)
₹10.820.12%1D
Returns (Since Inception)
8.15%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹1,283 Cr
Expense Ratio
0.32%
ISIN
INF879O01266
Minimum SIP
₹500
Exit Load
1.00%
Inception Date
20 Feb 2024
About this fund
This fund has been in existence for 9 months and 2 days, having been launched on 20-Feb-24.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹10.82, Assets Under Management (AUM) of 1282.97 Crores, and an expense ratio of 0.32%.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹10.82, Assets Under Management (AUM) of 1282.97 Crores, and an expense ratio of 0.32%.
- Parag Parikh Dynamic Asset Allocation Fund Direct Growth has given a CAGR return of 8.15% since inception.
- The fund's asset allocation comprises around 13.60% in equities, 50.67% in debts, and 35.72% in cash & cash equivalents.
- You can start investing in Parag Parikh Dynamic Asset Allocation Fund Direct Growth with a SIP of ₹500 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
Since Inception
+8.15%
— (Cat Avg.)
Portfolio Summaryas of 31st October 2024
| Equity | ₹174.46 Cr | 13.60% |
| Debt | ₹650.1 Cr | 50.67% |
| Others | ₹458.41 Cr | 35.73% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Cash Offset For Derivatives | Cash - General Offset | ₹313.72 Cr | 24.45% |
| Parag Parikh Liquid Dir Gr | Mutual Fund - Open End | ₹52.49 Cr | 4.09% |
| Future on Reliance Industries Ltd | Equity - Future | ₹-49.6 Cr | 3.87% |
| Reliance Industries Ltd | Equity | ₹49.35 Cr | 3.85% |
| Petronet LNG Ltd | Equity | ₹38.81 Cr | 3.03% |
| Coal India Ltd | Equity | ₹38.73 Cr | 3.02% |
| ITC Ltd | Equity | ₹38.71 Cr | 3.02% |
| Power Grid Corp Of India Ltd | Equity | ₹38.13 Cr | 2.97% |
| Future on Tata Motors Ltd | Equity - Future | ₹-35.8 Cr | 2.79% |
| Tata Motors Ltd | Equity | ₹35.55 Cr | 2.77% |
| Future on UltraTech Cement Ltd | Equity - Future | ₹-30.76 Cr | 2.40% |
| Kesoram Industries Ltd | Equity | ₹30.33 Cr | 2.36% |
| Hdfc Bank Limited November 2024 Future | Equity - Future | ₹-26.82 Cr | 2.09% |
| HDFC Bank Ltd | Equity | ₹26.63 Cr | 2.08% |
| 07.70 MH Sgs 2031 | Bond - Gov't/Treasury | ₹25.86 Cr | 2.02% |
| 07.33 MH Sdl 2031 | Bond - Gov't/Treasury | ₹25.42 Cr | 1.98% |
| Indian Railway Finance Corporation Limited | Bond - Corporate Bond | ₹25.15 Cr | 1.96% |
| Clearing Corporation Of India Ltd | Cash - Repurchase Agreement | ₹24.49 Cr | 1.91% |
| Punjab National Bank (15/05/2025) | Cash | ₹24.05 Cr | 1.87% |
| Hdfc Bank Limited (24/06/2025) | Cash | ₹23.86 Cr | 1.86% |
| Axis Bank Ltd. | Bond - Corporate Bond | ₹23.75 Cr | 1.85% |
| ICICI Bank Ltd. | Bond - Corporate Bond | ₹23.72 Cr | 1.85% |
| Swaraj Engines Ltd | Equity | ₹21.06 Cr | 1.64% |
| 07.49 MH Sdl 2030 | Bond - Gov't/Treasury | ₹20.38 Cr | 1.59% |
| 06.98 Tn SDL 2031 | Bond - Gov't/Treasury | ₹19.98 Cr | 1.56% |
| Future on Kotak Mahindra Bank Ltd | Equity - Future | ₹-18.83 Cr | 1.47% |
| Kotak Mahindra Bank Ltd | Equity | ₹18.7 Cr | 1.46% |
| 08.22 KA Sdl 2031 | Bond - Gov't/Treasury | ₹15.87 Cr | 1.24% |
| 07.73 AP Sdl 2032 | Bond - Gov't/Treasury | ₹15.51 Cr | 1.21% |
| 07.83 MH Sdl 2030 | Bond - Gov't/Treasury | ₹15.5 Cr | 1.21% |
| 07.65 Ts SDL 2032 | Bond - Gov't/Treasury | ₹15.43 Cr | 1.20% |
| 07.63 MH Sdl 2030 | Bond - Gov't/Treasury | ₹15.37 Cr | 1.20% |
| Telangana (Government of) 7.45% | Bond - Sub-sovereign Government Debt | ₹15.26 Cr | 1.19% |
| 07.34 MH Sdl 2031 | Bond - Gov't/Treasury | ₹15.26 Cr | 1.19% |
| National Housing Bank | Bond - Corporate Bond | ₹15.09 Cr | 1.18% |
| 07.14 KA Sdl 2032 | Bond - Gov't/Treasury | ₹15.03 Cr | 1.17% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹14.99 Cr | 1.17% |
| 07.02 KA Sdl 2031 | Bond - Gov't/Treasury | ₹14.99 Cr | 1.17% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹14.97 Cr | 1.17% |
| 06.73 Tn SDL 2030 | Bond - Gov't/Treasury | ₹14.77 Cr | 1.15% |
| Future on Bajaj Finance Ltd | Equity - Future | ₹-14.21 Cr | 1.11% |
| Bajaj Finance Ltd | Equity | ₹14.12 Cr | 1.10% |
| Future on Bharat Electronics Ltd | Equity - Future | ₹-11.36 Cr | 0.89% |
| Bharat Electronics Ltd | Equity | ₹11.29 Cr | 0.88% |
| 08.37 Tn SDL 2029 | Bond - Gov't/Treasury | ₹10.5 Cr | 0.82% |
| 07.69 MH Sdl 2031 | Bond - Gov't/Treasury | ₹10.34 Cr | 0.81% |
| 07.76 MH Sgs 2030 | Bond - Gov't/Treasury | ₹10.32 Cr | 0.80% |
| 07.70 MH Sgs 2030 | Bond - Gov't/Treasury | ₹10.3 Cr | 0.80% |
| Future on State Bank of India | Equity - Future | ₹-10.29 Cr | 0.80% |
| Tamil Nadu (Government of) 7.68% | Bond - Sub-sovereign Government Debt | ₹10.28 Cr | 0.80% |
| Andhra Pradesh (Government of) 7.7% | Bond - Sub-sovereign Government Debt | ₹10.27 Cr | 0.80% |
| State Bank of India | Equity | ₹10.21 Cr | 0.80% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹10.04 Cr | 0.78% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹10.03 Cr | 0.78% |
| 07.05 RJ Sdl 2031 | Bond - Gov't/Treasury | ₹10.01 Cr | 0.78% |
| National Housing Bank | Bond - Corporate Bond | ₹10 Cr | 0.78% |
| Rec Limited | Bond - Corporate Bond | ₹9.98 Cr | 0.78% |
| 06.95 Tn SDL 2031 | Bond - Gov't/Treasury | ₹9.97 Cr | 0.78% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹9.97 Cr | 0.78% |
| 06.85 RJ Sdl 2031 | Bond - Gov't/Treasury | ₹9.91 Cr | 0.77% |
| 06.83 MH Sdl 2031 | Bond - Gov't/Treasury | ₹9.91 Cr | 0.77% |
| 06.53 Tn SDL 2031 | Bond - Gov't/Treasury | ₹9.77 Cr | 0.76% |
| 06.52 KA Sdl 2030 | Bond - Gov't/Treasury | ₹9.74 Cr | 0.76% |
| 06.33 Tn SDL 2030 | Bond - Gov't/Treasury | ₹9.66 Cr | 0.75% |
| Kotak Mahindra Bank Limited (15/05/2025) | Cash | ₹9.62 Cr | 0.75% |
| Future on Vodafone Idea Ltd | Equity - Future | ₹-9.32 Cr | 0.73% |
| Vodafone Idea Ltd | Equity | ₹9.29 Cr | 0.72% |
| Future on Tata Steel Ltd | Equity - Future | ₹-7.08 Cr | 0.55% |
| Tata Steel Ltd | Equity | ₹7.03 Cr | 0.55% |
| Future on HDFC Life Insurance Co Ltd | Equity - Future | ₹-6.29 Cr | 0.49% |
| HDFC Life Insurance Co Ltd | Equity | ₹6.26 Cr | 0.49% |
| Future on Axis Bank Ltd | Equity - Future | ₹-6.06 Cr | 0.47% |
| Future on Aarti Industries Ltd | Equity - Future | ₹-6.06 Cr | 0.47% |
| Aarti Industries Ltd | Equity | ₹6.03 Cr | 0.47% |
| Axis Bank Ltd | Equity | ₹6.02 Cr | 0.47% |
| Titan Company Limited November 2024 Future | Equity - Future | ₹-5.63 Cr | 0.44% |
| Titan Co Ltd | Equity | ₹5.6 Cr | 0.44% |
| Future on Bank of Baroda | Equity - Future | ₹-5.54 Cr | 0.43% |
| Bank of Baroda | Equity | ₹5.51 Cr | 0.43% |
| 08.68 AP Sdl 2030 | Bond - Gov't/Treasury | ₹5.38 Cr | 0.42% |
| Future on Maruti Suzuki India Ltd | Equity - Future | ₹-5.35 Cr | 0.42% |
| 08.37 AP Sdl 2031 | Bond - Gov't/Treasury | ₹5.33 Cr | 0.42% |
| Maruti Suzuki India Ltd | Equity | ₹5.32 Cr | 0.41% |
| Future on GMR Airports Ltd | Equity - Future | ₹-5.3 Cr | 0.41% |
| GMR Airports Ltd | Equity | ₹5.26 Cr | 0.41% |
| 07.93 KA Sdl 2031 | Bond - Gov't/Treasury | ₹5.23 Cr | 0.41% |
| Future on Bajaj Finserv Ltd | Equity - Future | ₹-5.19 Cr | 0.40% |
| 07.77 GJ Sdl 2031 | Bond - Gov't/Treasury | ₹5.19 Cr | 0.40% |
| 07.86 MH Sdl 2030 | Bond - Gov't/Treasury | ₹5.18 Cr | 0.40% |
| 07.72 MH Sgs 2031 | Bond - Gov't/Treasury | ₹5.18 Cr | 0.40% |
| Bajaj Finserv Ltd | Equity | ₹5.16 Cr | 0.40% |
| 07.67 AP Sdl 2031 | Bond - Gov't/Treasury | ₹5.16 Cr | 0.40% |
| 07.75 Tn SDL 2030 | Bond - Gov't/Treasury | ₹5.15 Cr | 0.40% |
| 07.49 Tn SDL 2032 | Bond - Gov't/Treasury | ₹5.08 Cr | 0.40% |
| 07.38 GJ Sdl 26042030 | Bond - Gov't/Treasury | ₹5.07 Cr | 0.40% |
| 07.30 Tn SDL 2032 | Bond - Gov't/Treasury | ₹5.06 Cr | 0.39% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹5.05 Cr | 0.39% |
| 07.15 AP Sdl 2031 | Bond - Gov't/Treasury | ₹5.03 Cr | 0.39% |
| India Grid Trust | Bond - Corporate Bond | ₹5.03 Cr | 0.39% |
| 07.19 Tn SDL 2030 | Bond - Gov't/Treasury | ₹5.03 Cr | 0.39% |
| 07.17 Tn SDL 2030 | Bond - Gov't/Treasury | ₹5.02 Cr | 0.39% |
| 07.14 RJ Sdl 2030 | Bond - Gov't/Treasury | ₹5.02 Cr | 0.39% |
| 07.09 KA Sdl 2030 | Bond - Gov't/Treasury | ₹5.01 Cr | 0.39% |
| 7.03% RJ Sdl 2031 | Bond - Gov't/Treasury | ₹5 Cr | 0.39% |
| 364 DTB | Bond - Gov't/Treasury | ₹4.93 Cr | 0.38% |
| 06.53 KA Sdl 2030 | Bond - Gov't/Treasury | ₹4.87 Cr | 0.38% |
| 364 DTB 15082025 | Bond - Gov't/Treasury | ₹4.75 Cr | 0.37% |
| Kotak Mahindra Bank Limited (24/07/2025) | Cash | ₹4.74 Cr | 0.37% |
| Future on Steel Authority Of India Ltd | Equity - Future | ₹-4.38 Cr | 0.34% |
| Steel Authority Of India Ltd | Equity | ₹4.35 Cr | 0.34% |
| Future on Bharat Heavy Electricals Ltd | Equity - Future | ₹-4.04 Cr | 0.31% |
| Bharat Heavy Electricals Ltd | Equity | ₹4.02 Cr | 0.31% |
| Future on NTPC Ltd | Equity - Future | ₹-3.94 Cr | 0.31% |
| NTPC Ltd | Equity | ₹3.92 Cr | 0.31% |
| Future on Tata Power Co Ltd | Equity - Future | ₹-3.83 Cr | 0.30% |
| Tata Power Co Ltd | Equity | ₹3.8 Cr | 0.30% |
| Future on DLF Ltd | Equity - Future | ₹-3.74 Cr | 0.29% |
| DLF Ltd | Equity | ₹3.72 Cr | 0.29% |
| Future on Gujarat Narmada Valley Fertilizers & Chemicals Ltd | Equity - Future | ₹-3.51 Cr | 0.27% |
| Gujarat Narmada Valley Fertilizers & Chemicals Ltd | Equity | ₹3.49 Cr | 0.27% |
| Future on RBL Bank Ltd | Equity - Future | ₹-3.44 Cr | 0.27% |
| RBL Bank Ltd | Equity | ₹3.4 Cr | 0.26% |
| Future on Hindalco Industries Ltd | Equity - Future | ₹-3.38 Cr | 0.26% |
| Hindalco Industries Ltd | Equity | ₹3.36 Cr | 0.26% |
| Future on The Federal Bank Ltd | Equity - Future | ₹-3.28 Cr | 0.26% |
| The Federal Bank Ltd | Equity | ₹3.26 Cr | 0.25% |
| Future on Canara Bank | Equity - Future | ₹-3.14 Cr | 0.24% |
| Canara Bank | Equity | ₹3.12 Cr | 0.24% |
| Future on Larsen & Toubro Ltd | Equity - Future | ₹-3.01 Cr | 0.23% |
| Larsen & Toubro Ltd | Equity | ₹2.99 Cr | 0.23% |
| Future on IndusInd Bank Ltd | Equity - Future | ₹-2.5 Cr | 0.19% |
| IndusInd Bank Ltd | Equity | ₹2.48 Cr | 0.19% |
| Future on JSW Steel Ltd | Equity - Future | ₹-2.22 Cr | 0.17% |
| JSW Steel Ltd | Equity | ₹2.21 Cr | 0.17% |
| Future on Mahindra & Mahindra Ltd | Equity - Future | ₹-1.93 Cr | 0.15% |
| Mahindra & Mahindra Ltd | Equity | ₹1.91 Cr | 0.15% |
| Future on Bandhan Bank Ltd | Equity - Future | ₹-1.9 Cr | 0.15% |
| Bandhan Bank Ltd | Equity | ₹1.89 Cr | 0.15% |
| Indus Towers Limited November 2024 Future | Equity - Future | ₹-1.52 Cr | 0.12% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹1.51 Cr | 0.12% |
| Future on Hindustan Copper Ltd | Equity - Future | ₹-1.41 Cr | 0.11% |
| Hindustan Copper Ltd | Equity | ₹1.4 Cr | 0.11% |
| VST Industries Ltd | Equity | ₹1.23 Cr | 0.10% |
| Future on Hindustan Aeronautics Ltd Ordinary Shares | Equity - Future | ₹-0.77 Cr | 0.06% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹0.76 Cr | 0.06% |
| Future on Bharti Airtel Ltd | Equity - Future | ₹-0.62 Cr | 0.05% |
| Bharti Airtel Ltd | Equity | ₹0.61 Cr | 0.05% |
| Future on InterGlobe Aviation Ltd | Equity - Future | ₹-0.61 Cr | 0.05% |
| InterGlobe Aviation Ltd | Equity | ₹0.61 Cr | 0.05% |
| Future on Zydus Lifesciences Ltd | Equity - Future | ₹-0.54 Cr | 0.04% |
| Zydus Lifesciences Ltd | Equity | ₹0.54 Cr | 0.04% |
| Net Receivables / (Payables) | Cash | ₹0.51 Cr | 0.04% |
| Future on Granules India Ltd | Equity - Future | ₹-0.23 Cr | 0.02% |
| Granules India Ltd | Equity | ₹0.23 Cr | 0.02% |
| Siemens Limited November 2024 Future | Equity - Future | ₹-0.21 Cr | 0.02% |
| Siemens Ltd | Equity | ₹0.21 Cr | 0.02% |
| Future on Dabur India Ltd | Equity - Future | ₹-0.07 Cr | 0.01% |
| Dabur India Ltd | Equity | ₹0.07 Cr | 0.01% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Energy | ₹126.9 Cr | 9.89% |
| Financial Services | ₹106.75 Cr | 8.32% |
| Consumer Cyclical | ₹69.44 Cr | 5.41% |
| Basic Materials | ₹58.2 Cr | 4.54% |
| Utilities | ₹45.85 Cr | 3.57% |
| Consumer Defensive | ₹40.01 Cr | 3.12% |
| Industrials | ₹25.14 Cr | 1.96% |
| Communication Services | ₹11.41 Cr | 0.89% |
| Real Estate | ₹3.72 Cr | 0.29% |
| Healthcare | ₹0.77 Cr | 0.06% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
7.86%
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
0.75
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.37
Higher the better
Fund Managers
RM
Raj Mehta
Since February 2024
Rajeev Thakkar
Since February 2024
Raunak Onkar
Since February 2024
RT
Rukun Tarachandani
Since February 2024
MK
Mansi Kariya
Since February 2024
Additional Scheme Detailsas of 31st October 2024
ISIN INF879O01266 | Expense Ratio 0.32% | Exit Load 1.00% | Fund Size ₹1,283 Cr | Age 9 months | Lumpsum Minimum ₹5,000 | Fund Status Open Ended Investment Company | Benchmark CRISIL Hybrid 50+50 - Moderate TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Dynamic Asset Allocation Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Motilal Oswal Balance Advantage Fund Regular Growth Very High Risk | 2.2% | 1.0% | ₹1238.19 Cr | 11.9% |
| Motilal Oswal Balance Advantage Fund Direct Growth Very High Risk | 1.0% | 1.0% | ₹1238.19 Cr | 13.3% |
| Quant Dynamic Asset Allocation Fund Direct Growth High Risk | 0.7% | 1.0% | ₹1349.99 Cr | 31.2% |
| Quant Dynamic Asset Allocation Fund Regular Growth High Risk | 2.1% | 1.0% | ₹1349.99 Cr | 29.3% |
| Bandhan Balanced Advantage Fund Direct Growth Moderately High risk | 0.7% | 1.0% | ₹2268.45 Cr | 17.9% |
| Bandhan Balanced Advantage Fund Regular Growth Moderately High risk | 2.0% | 1.0% | ₹2268.45 Cr | 16.4% |
| Mahindra Manulife Balanced Advantage Fund Regular Growth Very High Risk | 2.2% | 1.0% | ₹890.15 Cr | 19.7% |
| Mahindra Manulife Balanced Advantage Fund Direct Growth Very High Risk | 0.5% | 1.0% | ₹890.15 Cr | 21.7% |
| Mirae Asset Balanced Advantage Fund Direct Growth High Risk | 0.7% | 1.0% | ₹1742.15 Cr | 17.1% |
| Mirae Asset Balanced Advantage Fund Regular Growth High Risk | 2.1% | 1.0% | ₹1742.15 Cr | 15.5% |
Risk Level
Your principal amount will be at Moderate Risk
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We're here to help.
What is the current NAV of Parag Parikh Dynamic Asset Allocation Fund Direct Growth?
The NAV of Parag Parikh Dynamic Asset Allocation Fund Direct Growth, as of 21-Nov-2024, is ₹10.82.
What is the portfolio composition of Parag Parikh Dynamic Asset Allocation Fund Direct Growth?
The fund's allocation of assets is distributed as 13.60% in equities, 50.67% in bonds, and 35.72% in cash and cash equivalents.
Who manages the Parag Parikh Dynamic Asset Allocation Fund Direct Growth?
The fund managers responsible for Parag Parikh Dynamic Asset Allocation Fund Direct Growth are:-
- Raj Mehta
- Rajeev Thakkar
- Raunak Onkar
- Rukun Tarachandani
- Mansi Kariya
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.