Regular
NAV (05-Sep-24)
₹10.80-0.04%1D
Returns (Since Inception)
8.01%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹888 Cr
Expense Ratio
0.62%
ISIN
INF879O01233
Minimum SIP
₹500
Exit Load
1.00%
Inception Date
20 Feb 2024
About this fund
This fund has been in existence for 6 months and 18 days, having been launched on 20-Feb-24.
As of 05-Sep-24, it has a Net Asset Value (NAV) of ₹10.80, Assets Under Management (AUM) of 888.24 Crores, and an expense ratio of 0.62%.
As of 05-Sep-24, it has a Net Asset Value (NAV) of ₹10.80, Assets Under Management (AUM) of 888.24 Crores, and an expense ratio of 0.62%.
- Parag Parikh Dynamic Asset Allocation Fund Regular Growth has given a CAGR return of 8.01% since inception.
- The fund's asset allocation comprises around 16.11% in equities, 45.96% in debts, and 37.93% in cash & cash equivalents.
- You can start investing in Parag Parikh Dynamic Asset Allocation Fund Regular 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
+8.01%
— (Cat Avg.)
Portfolio Summaryas of 31st July 2024
| Equity | ₹143.05 Cr | 16.11% |
| Debt | ₹408.22 Cr | 45.96% |
| Others | ₹336.96 Cr | 37.94% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Cash Offset For Derivatives | Cash - General Offset | ₹196.1 Cr | 22.08% |
| Future on Tata Motors Ltd | Equity - Future | ₹-42.55 Cr | 4.79% |
| Tata Motors Ltd Class A | Equity | ₹41.68 Cr | 4.69% |
| Parag Parikh Liquid Dir Gr | Mutual Fund - Open End | ₹34.7 Cr | 3.91% |
| Hdfc Bank Limited August 2024 Future | Equity - Future | ₹-33.57 Cr | 3.78% |
| HDFC Bank Ltd | Equity | ₹33.32 Cr | 3.75% |
| Petronet LNG Ltd | Equity | ₹27.96 Cr | 3.15% |
| Coal India Ltd | Equity | ₹27.21 Cr | 3.06% |
| Power Grid Corp Of India Ltd | Equity | ₹26.75 Cr | 3.01% |
| ITC Ltd | Equity | ₹26.71 Cr | 3.01% |
| 07.70 MH Sgs 2031 | Bond - Gov't/Treasury | ₹25.56 Cr | 2.88% |
| Clearing Corporation Of India Ltd | Cash - Repurchase Agreement | ₹23.9 Cr | 2.69% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹23.6 Cr | 2.66% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹23.42 Cr | 2.64% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹23.3 Cr | 2.62% |
| Swaraj Engines Ltd | Equity | ₹22.4 Cr | 2.52% |
| 07.49 MH Sdl 2030 | Bond - Gov't/Treasury | ₹20.25 Cr | 2.28% |
| 06.98 Tn SDL 2031 | Bond - Gov't/Treasury | ₹19.7 Cr | 2.22% |
| Future on Vodafone Idea Ltd | Equity - Future | ₹-18.8 Cr | 2.12% |
| Vodafone Idea Ltd | Equity | ₹18.61 Cr | 2.10% |
| 08.22 KA Sdl 2031 | Bond - Gov't/Treasury | ₹15.71 Cr | 1.77% |
| 07.63 MH Sdl 2030 | Bond - Gov't/Treasury | ₹15.28 Cr | 1.72% |
| Telangana (Government of) 7.45% | Bond - Sub-sovereign Government Debt | ₹15.16 Cr | 1.71% |
| 07.33 MH Sdl 2031 | Bond - Gov't/Treasury | ₹15.06 Cr | 1.70% |
| National Housing Bank | Bond - Corporate Bond | ₹15.04 Cr | 1.69% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹14.98 Cr | 1.69% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹14.93 Cr | 1.68% |
| Future on Kotak Mahindra Bank Ltd | Equity - Future | ₹-14.02 Cr | 1.58% |
| Kotak Mahindra Bank Ltd | Equity | ₹13.96 Cr | 1.57% |
| VST Industries Ltd | Equity | ₹13.9 Cr | 1.56% |
| 08.37 Tn SDL 2029 | Bond - Gov't/Treasury | ₹10.45 Cr | 1.18% |
| 07.83 MH Sdl 2030 | Bond - Gov't/Treasury | ₹10.27 Cr | 1.16% |
| 07.76 MH Sgs 2030 | Bond - Gov't/Treasury | ₹10.26 Cr | 1.15% |
| 07.70 MH Sgs 2030 | Bond - Gov't/Treasury | ₹10.23 Cr | 1.15% |
| Andhra Pradesh (Government of) 7.7% | Bond - Sub-sovereign Government Debt | ₹10.22 Cr | 1.15% |
| Tamil Nadu (Government of) 7.68% | Bond - Sub-sovereign Government Debt | ₹10.22 Cr | 1.15% |
| 07.69 MH Sdl 2031 | Bond - Gov't/Treasury | ₹10.22 Cr | 1.15% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹10.05 Cr | 1.13% |
| Indian Railway Finance Corporation Limited | Bond - Corporate Bond | ₹10.03 Cr | 1.13% |
| National Housing Bank | Bond - Corporate Bond | ₹9.98 Cr | 1.12% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹9.96 Cr | 1.12% |
| Rec Limited | Bond - Corporate Bond | ₹9.96 Cr | 1.12% |
| Future on Bharat Electronics Ltd | Equity - Future | ₹-9.92 Cr | 1.12% |
| 06.95 Tn SDL 2031 | Bond - Gov't/Treasury | ₹9.84 Cr | 1.11% |
| Bharat Electronics Ltd | Equity | ₹9.82 Cr | 1.11% |
| 06.83 MH Sdl 2031 | Bond - Gov't/Treasury | ₹9.78 Cr | 1.10% |
| 06.52 KA Sdl 2030 | Bond - Gov't/Treasury | ₹9.65 Cr | 1.09% |
| 06.53 Tn SDL 2031 | Bond - Gov't/Treasury | ₹9.63 Cr | 1.08% |
| Kotak Mahindra Bank Limited | Cash - CD/Time Deposit | ₹9.44 Cr | 1.06% |
| Future on State Bank of India | Equity - Future | ₹-8.96 Cr | 1.01% |
| State Bank of India | Equity | ₹8.9 Cr | 1.00% |
| Reliance Industries Ltd | Equity | ₹7.83 Cr | 0.88% |
| Future on Reliance Industries Ltd | Equity - Future | ₹-7.18 Cr | 0.81% |
| Future on Bajaj Finance Ltd | Equity - Future | ₹-6.34 Cr | 0.71% |
| Bajaj Finance Ltd | Equity | ₹6.3 Cr | 0.71% |
| 08.68 AP Sdl 2030 | Bond - Gov't/Treasury | ₹5.35 Cr | 0.60% |
| 08.37 AP Sdl 2031 | Bond - Gov't/Treasury | ₹5.28 Cr | 0.59% |
| 07.93 KA Sdl 2031 | Bond - Gov't/Treasury | ₹5.17 Cr | 0.58% |
| 07.86 MH Sdl 2030 | Bond - Gov't/Treasury | ₹5.15 Cr | 0.58% |
| 07.77 GJ Sdl 2031 | Bond - Gov't/Treasury | ₹5.13 Cr | 0.58% |
| 07.75 Tn SDL 2030 | Bond - Gov't/Treasury | ₹5.12 Cr | 0.58% |
| 07.72 MH Sgs 2031 | Bond - Gov't/Treasury | ₹5.12 Cr | 0.58% |
| Future on NTPC Ltd | Equity - Future | ₹-5.06 Cr | 0.57% |
| NTPC Ltd | Equity | ₹5.05 Cr | 0.57% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹5.04 Cr | 0.57% |
| Gujarat (Government of) 7.38% | Bond - Sub-sovereign Government Debt | ₹5.04 Cr | 0.57% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹5.01 Cr | 0.56% |
| India Grid Trust | Bond - Corporate Bond | ₹5 Cr | 0.56% |
| Titan Company Limited August 2024 Future | Equity - Future | ₹-5 Cr | 0.56% |
| 07.09 KA Sdl 2030 | Bond - Gov't/Treasury | ₹4.97 Cr | 0.56% |
| Titan Co Ltd | Equity | ₹4.96 Cr | 0.56% |
| Future on Aarti Industries Ltd | Equity - Future | ₹-4.9 Cr | 0.55% |
| Future on Bajaj Finserv Ltd | Equity - Future | ₹-4.89 Cr | 0.55% |
| Bajaj Finserv Ltd | Equity | ₹4.87 Cr | 0.55% |
| Aarti Industries Ltd | Equity | ₹4.87 Cr | 0.55% |
| India (Republic of) | Bond - Short-term Government Bills | ₹4.85 Cr | 0.55% |
| 06.53 KA Sdl 2030 | Bond - Gov't/Treasury | ₹4.83 Cr | 0.54% |
| 06.33 Tn SDL 2030 | Bond - Gov't/Treasury | ₹4.79 Cr | 0.54% |
| ICICI Bank Limited | Cash - CD/Time Deposit | ₹4.65 Cr | 0.52% |
| Future on Axis Bank Ltd | Equity - Future | ₹-4.48 Cr | 0.50% |
| Axis Bank Ltd | Equity | ₹4.45 Cr | 0.50% |
| Future on Hindustan Unilever Ltd | Equity - Future | ₹-3.5 Cr | 0.39% |
| Hindustan Unilever Ltd | Equity | ₹3.49 Cr | 0.39% |
| The Federal Bank Ltd | Equity | ₹3.22 Cr | 0.36% |
| Future on The Federal Bank Ltd | Equity - Future | ₹-3.22 Cr | 0.36% |
| Future on Larsen & Toubro Ltd | Equity - Future | ₹-2.99 Cr | 0.34% |
| Larsen & Toubro Ltd | Equity | ₹2.98 Cr | 0.34% |
| Future on JSW Steel Ltd | Equity - Future | ₹-2.91 Cr | 0.33% |
| JSW Steel Ltd | Equity | ₹2.88 Cr | 0.32% |
| Future on IndusInd Bank Ltd | Equity - Future | ₹-2.52 Cr | 0.28% |
| IndusInd Bank Ltd | Equity | ₹2.5 Cr | 0.28% |
| Future on Hindalco Industries Ltd | Equity - Future | ₹-2.35 Cr | 0.26% |
| Hindalco Industries Ltd | Equity | ₹2.34 Cr | 0.26% |
| Future on Bandhan Bank Ltd | Equity - Future | ₹-2.26 Cr | 0.25% |
| Bandhan Bank Ltd | Equity | ₹2.26 Cr | 0.25% |
| Future on Steel Authority Of India Ltd | Equity - Future | ₹-2.22 Cr | 0.25% |
| Steel Authority Of India Ltd | Equity | ₹2.2 Cr | 0.25% |
| Future on Canara Bank | Equity - Future | ₹-2.18 Cr | 0.25% |
| Canara Bank | Equity | ₹2.17 Cr | 0.24% |
| Net Receivables / (Payables) | Cash | ₹-2.15 Cr | 0.24% |
| Future on Bharti Airtel Ltd | Equity - Future | ₹-1.86 Cr | 0.21% |
| Bharti Airtel Ltd | Equity | ₹1.84 Cr | 0.21% |
| Future on Hindustan Copper Ltd | Equity - Future | ₹-1.81 Cr | 0.20% |
| Hindustan Copper Ltd | Equity | ₹1.79 Cr | 0.20% |
| Indus Towers Limited August 2024 Future | Equity - Future | ₹-1.19 Cr | 0.13% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹1.18 Cr | 0.13% |
| Reliance Industries Limited September 2024 Future | Equity - Future | ₹-0.68 Cr | 0.08% |
| Future on Piramal Enterprises Ltd | Equity - Future | ₹-0.55 Cr | 0.06% |
| Piramal Enterprises Ltd | Equity | ₹0.55 Cr | 0.06% |
| Future on RBL Bank Ltd | Equity - Future | ₹-0.12 Cr | 0.01% |
| RBL Bank Ltd | Equity | ₹0.12 Cr | 0.01% |
| Future on Dabur India Ltd | Equity - Future | ₹-0.08 Cr | 0.01% |
| Dabur India Ltd | Equity | ₹0.08 Cr | 0.01% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹82.61 Cr | 9.30% |
| Consumer Cyclical | ₹69.04 Cr | 7.77% |
| Energy | ₹63 Cr | 7.09% |
| Consumer Defensive | ₹44.17 Cr | 4.97% |
| Utilities | ₹31.81 Cr | 3.58% |
| Communication Services | ₹21.63 Cr | 2.44% |
| Basic Materials | ₹14.09 Cr | 1.59% |
| Industrials | ₹12.79 Cr | 1.44% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
7.43%
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
0.99
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.99
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 July 2024
ISIN | INF879O01233 | Expense Ratio | 0.62% | Exit Load | 1.00% | Fund Size | ₹888 Cr | Age | 20 Feb 2024 | 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:
- If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
- If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
- Holding the units: No tax is applicable as long as you continue to hold the units.
Dividend Taxation:
Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.
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% | ₹1270.57 Cr | 25.3% |
| Motilal Oswal Balance Advantage Fund Direct Growth Very High Risk | 1.0% | 1.0% | ₹1270.57 Cr | 26.9% |
| Quant Dynamic Asset Allocation Fund Direct Growth Very High Risk | 0.7% | 1.0% | ₹1334.25 Cr | 52.1% |
| Quant Dynamic Asset Allocation Fund Regular Growth Very High Risk | 2.1% | 1.0% | ₹1334.25 Cr | 49.8% |
| Bandhan Balanced Advantage Fund Direct Growth Moderately High risk | 0.7% | 1.0% | ₹2302.17 Cr | 22.1% |
| Bandhan Balanced Advantage Fund Regular Growth Moderately High risk | 2.0% | 1.0% | ₹2302.17 Cr | 20.5% |
| Mahindra Manulife Balanced Advantage Fund Regular Growth Very High Risk | 2.2% | 1.0% | ₹886.22 Cr | 26.4% |
| Mahindra Manulife Balanced Advantage Fund Direct Growth Very High Risk | 0.5% | 1.0% | ₹886.22 Cr | 28.6% |
| Mirae Asset Balanced Advantage Fund Direct Growth High Risk | 0.7% | 1.0% | ₹1691.93 Cr | 22.5% |
| Mirae Asset Balanced Advantage Fund Regular Growth High Risk | 2.1% | 1.0% | ₹1691.93 Cr | 20.8% |
Risk Level
Your principal amount will be at Moderately High risk
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What is the current NAV of Parag Parikh Dynamic Asset Allocation Fund Regular Growth?
The NAV of Parag Parikh Dynamic Asset Allocation Fund Regular Growth, as of 05-Sep-2024, is ₹10.80.
What is the portfolio composition of Parag Parikh Dynamic Asset Allocation Fund Regular Growth?
The fund's allocation of assets is distributed as 16.11% in equities, 45.96% in bonds, and 37.93% in cash and cash equivalents.
Who manages the Parag Parikh Dynamic Asset Allocation Fund Regular Growth?
The fund managers responsible for Parag Parikh Dynamic Asset Allocation Fund Regular 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 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.