Fundalysisby DARKHORSESTOCKS

Scheme

DSP Dynamic Asset Allocation Fund

Holds 46 companies worth ₹2,703 Cr in Sept 2026.

  • Fund house

    DSPThe fund house that runs this scheme.

  • AUM

    ₹3,704 CrDSP Dynamic Asset Allocation Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 3.1% on Aug 2026, ₹3,821 Cr.

  • Largest holding

    ICICI BankICICI Bank is 7.4% of this scheme's NAV.

  • Fund manager

    Rohit SinghaniaRuns it since 1 Nov 2023, as the fund house dates it. With Shantanu Godambe (fund manager), Kaivalya Nadkarni (co-manager), Preethi R S (co-manager).

Overview(6 Oct 2026)

Fund managers4

  1. Rohit SinghaniaFund manager, equity · Nov 2023 · 23y · MMS B.Com
  2. Shantanu GodambeFund manager, debt · Jan 2025 · 17y · CFA B.Com
  3. Kaivalya NadkarniCo-manager, equity · Oct 2024 · 6y · CA B.Com
  4. Preethi R SCo-manager, equity · Oct 2025 · 13y · MBA B.E.
  1. Dhaval GadaSept 2022 – May 2025
  2. Laukik BagweJul 2021 – Jan 2025

Key facts

Benchmark
CRISIL Hybrid 50+50 - Moderate Index
Risk
Very High
Expense
Regular 2.26% · Direct 1.04%
Exit load
1% - Holding period from the date of allotment <= 1 month, Nil - Holding period from the date of allotment > 1 month (as a % of Applicable NAV)
Started
6 Feb 2014
Minimum
₹100

Source.Its Scheme Summary Document as of 6 Oct 2026 at AMFI.

What changed(71 changes)

Sept 2026

1 change
  1. Riskometer
    11 SeptHigh → Very High

Aug 2026

3 changes
  2. Riskometer
    14 AugModerately High → High

Jul 2026

3 changes

Source.Its filings at NSE, since Aug 2024.

Fund managers over time(Jul 2021 – now)

  1. Rohit Singhania
  2. Shantanu Godambe
  3. Kaivalya Nadkarni
  4. Preethi R S
  5. Dhaval Gada
  6. Laukik Bagwe
  7. Jay Kothari
MainCoSlice20222023202420252026
Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

Costs(Aug 2024 – Oct 2026)

Every change to the expense ratio, newest first.
56 changesRegularDirectΔ pt
31 Aug 20262.26%1.04%0.05
12 Aug 20262.31%1.09%0.04
28 Jul 20262.35%1.13%0
17 Jul 20262.33%1.13%0.02
1 Jul 20262.33%1.11%0.26
18 Jun 20262.08%0.85%0.16
17 Jun 20261.91%0.69%0.28
16 Jun 20262.19%0.97%0.17
15 Jun 20262.36%1.14%0.36
12 Jun 20262.00%0.78%0.07
10 Jun 20262.07%0.85%0.13
4 Jun 20261.94%0.72%0.98
1 Jun 20262.93%1.70%0.43
28 May 20262.49%1.27%0.62
26 May 20261.88%0.65%1.13
25 May 20263.01%1.78%1.84
24 May 20264.85%3.62%1.61
20 May 20263.23%2.01%1.04
19 May 20262.19%0.97%0.29
18 May 20261.90%0.68%0.01
17 May 20261.89%0.67%0.02
13 May 20261.91%0.69%1.26
10 May 20263.17%1.95%1.19
7 May 20261.99%0.76%0.17
6 May 20262.16%0.93%1.40
5 May 20263.56%2.33%1.64
3 May 20261.92%0.69%0.01
29 Apr 20261.93%0.70%0.24
28 Apr 20262.17%0.94%0.87
27 Apr 20263.04%1.81%1.54
26 Apr 20264.58%3.35%1.67
23 Apr 20262.91%1.68%0.47
20 Apr 20262.44%1.21%0.42
19 Apr 20262.02%0.79%0.01
15 Apr 20262.01%0.78%0.93
14 Apr 20262.94%1.71%0.49
13 Apr 20262.45%1.22%0.11
9 Apr 20262.56%1.33%0.67
24 Mar 20261.89%0.66%0.02
4 Mar 20261.89%0.64%0.01
19 Feb 20261.88%0.63%0.04
30 Dec 20251.88%0.67%0
28 Nov 20251.89%0.67%0.02
3 Oct 20251.89%0.65%0.02
18 Aug 20251.89%0.67%0.01
15 May 20251.90%0.68%0.01
29 Apr 20251.91%0.69%0.03
17 Apr 20251.92%0.72%0.01
19 Mar 20251.93%0.73%0.01
17 Mar 20251.94%0.74%0.02
7 Mar 20251.92%0.72%0.01
11 Feb 20251.93%0.73%0.01
16 Jan 20251.92%0.72%0.01
3 Oct 20241.93%0.73%0.03
3 Sept 20241.93%0.70%0.01
21 Aug 20241.94%0.71%–
Direct plan, 31 Aug 2026
1.04%
Regular plan 2.26% · Exit load 1% - Holding period from the date of allotment <= 1 month, Nil - Holding period from the date of allotment > 1 month (as a % of Applicable NAV)
Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

Objective and risk(6 Oct 2026)

Objective

The investment objective of the Scheme is to seek capital appreciation by dynamically managing the asset allocation between equity and debt securities. The Scheme intends to generate long-term capital appreciation by investing in equity and equity related instruments and seeks to generate income through investments in debt securities, arbitrage and other derivative strategies. However, there can be no assurance that the investment objective of the scheme will be achieved.

Risk, type and benchmark

Riskometer
Very High
At launch
Moderate
Type
An open ended dynamic asset allocation fund investing in debt and equity instruments only
Benchmark
CRISIL Hybrid 50+50 - Moderate Index

Asset allocation it may hold% of NAV

  1. 1. Equity & Equity related instruments including derivatives
    Allowed65–100%Holds73.0%
  2. 2. Debt instruments
    Allowed0–35%Holds27.0%

Holds in Sept 2026.73.0% equity · 27.0% debt and cash

How to invest(6 Oct 2026)

Buying

To start
₹100, then in multiples of ₹1
To add
₹100, then in multiples of ₹1
Systematic
SIP Daily, Weekly, Monthly, Quarterly, Half-Yearly and Yearly SWP Weekly, Monthly, Quarterly, Half-Yearly and Yearly STP Daily, Weekly, Monthly, Quarterly, Half-Yearly and Yearly *Weekly Monday to Friday
Dates
Any date
Minimum
₹100, then in multiples of ₹1
Instalments
SIP - 12, SWP & STP - 6

Selling and switching

To redeem
₹0.01 or 0.001 units
Switch minimum
₹100 or 0.001 units
Switch multiples
₹0.01 or 0.001 units

Scheme details(6 Oct 2026)

What it is

Category
Dynamic Asset Allocation/Balanced Advantage
Offer
17 Jan 2014 to 31 Jan 2014
Started
6 Feb 2014
Reopened
11 Feb 2014
Plans
Regular Plan & Direct Plan Growth (Option A) Monthly Income Distribution cum Capital Withdrawal (‘IDCW’) (Option B) Payout Income Distribution cum Capital Withdrawal (‘IDCW’) Reinvest Income Distribution cum Capital Withdrawal (‘IDCW’) Default Option - Growth Option in case Growth Option or Income Distribution cum Capital Withdrawal (IDCW) Option is not indicated. - Payout sub-option in case Payout of IDCW Option or Reinvestment of IDCW Option is not indicated.
Face value
₹10
Listed
No

How it is run

Swing pricing
No
Side-pocketing
Yes
Custodian
HSBC
Auditor
S.R. Batliboi & Co LLP
Registrar
Computer Age Management Services Limited
SEBI code
DSPM/O/H/DAA/13/10/0026