Primarily market-linked growth exposure
The investment objective of the Scheme is to seek to generate long term capital appreciation by investing in multi asset classes including equity and equity related securities, debt and money market instruments, commodity ETFs, exchange traded commodity derivatives and overseas securities. There is no assurance that the investment objective of the Scheme will be achieved.
Investors with a long horizon who can tolerate meaningful falls in value.
Share-price volatility, valuation risk, concentration and tracking risk where applicable.
How the money may be invested
A. Equity & Equity related instruments including derivatives : 35% - 80% B. Debt and money market instruments : 10% – 50% C. Gold ETFs & other Gold related instruments (including ETCDs) as permitted by SEBI from time to time : 10% - 50% D. Other Commodity ETFs, Exchange Traded Commodity Derivatives (ETCDs) & any other mode of investment in commodities as permitted by SEBI from time to time : 0% - 20% E. InvITs & Units of Mutual Funds : 0% - 10% For detailed asset allocation pattern, please refer to the Scheme Information Document
- SEBI category
- Multi Asset Allocation
- Fund type
- An open ended scheme investing in equity/equity related securities, debt/ money market instruments, commodity ETFs, exchange traded commodity derivatives and overseas securities.
- Primary benchmark
- 40% NIFTY500 TRI + 20% NIFTY Composite Debt Index+ 15% Domestic price of Gold + 5% iCOMDEX Composite Index + 20% MSCI World Index.
Use the latest monthly portfolio
Top holdings are the largest securities currently owned by the scheme. Names and weights can change every month, so a copied list can become misleading. Open the AMC's current official portfolio or factsheet below and look for this exact fund name.
Manager and scheme tenure
- Fund manager(s)
- Ms. Aparna Karnik, Mr. Shantanu Godambe, Mr. Ravi Gehani
- Manager tenure on this scheme
- Since Ms. Aparna Karnik - 27/09/2023, Mr. Shantanu Godambe - 01/08/2024, Mr. Ravi Gehani - 27/09/2023
- Role / co-management
- Ms. Aparna Karnik - Primary (Equity), Mr. Shantanu Godambe - Primary (Debt), Mr. Ravi Gehani - Dedicated Fund Manager for Commodities
The tenure above is experience managing this scheme, not the manager's total career experience. For education, qualifications and prior roles, open the latest official AMC factsheet or manager profile below.
Latest NAV records
NAV is a per-unit accounting value. Compare returns, portfolio, risk and cost — never choose a fund only because its NAV looks low.
| Plan / option reported by AMFI | NAV | Date |
|---|---|---|
| DSP Multi Asset Allocation Fund - Direct Plan - Growth | ₹16.8596 | 04 Sep 2026 |
| DSP Multi Asset Allocation Fund - Direct Plan - IDCW | ₹16.0573 | 04 Sep 2026 |
| DSP Multi Asset Allocation Fund - Regular Plan - Growth | ₹16.2302 | 04 Sep 2026 |
| DSP Multi Asset Allocation Fund - Regular Plan - IDCW | ₹14.6255 | 04 Sep 2026 |
What you pay and how money moves
- Stated expense ratio
- Regular 1.59%, Direct 0.63%
- Exit load
- Exit Load (as a % of Applicable NAV): Holding period from the date of allotment: • If the units redeemed or switched-out are upto 10% of the units (the limit) purchased or switched within 12 months from the date of allotment: Nil • If units redeemed or switched out are in excess of the limit within 12 months from the date of allotment: 1%; • If units are redeemed or switched out on or after 12 months from the date of allotment: Nil
- Minimum application
- Rs. 100/- · multiples of Re. 1/-
- SIP frequency
- 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
- Minimum SIP amount
- 100
- Minimum instalments
- SIP - 12, SWP & STP - 6
How a mutual-fund investment is paid
- Complete KYCIdentity, PAN, bank and contact verification are required.
- Choose route and optionUnderstand direct vs regular and growth vs IDCW before selecting.
- Choose SIP or lump sumSIP uses an automated mandate; lump sum is a one-time payment.
- Receive units at applicable NAVCut-off time, cleared funds and scheme rules determine the applicable NAV.
- Review, do not chaseTrack goal fit, risk, manager/mandate changes, costs and portfolio — not daily noise.
Download and verify at source
The packaged Scheme Summary PDF is the official AMFI file, unchanged. Live AMC links are included for time-sensitive factsheets, top holdings and portfolios.
Source verification date: 06 September 2026. If a live document differs from this page, rely on the newer official document.