mutual funds dsp dynamic asset allocation fund directgrowth

holdings

DSP Dynamic Asset Allocation Fund Direct-Growth

Hybrid: Dynamic Asset Allocation - Growth (Open ended)

SEBI Riskometer: HighCategory: Hybrid: Dynamic Asset AllocationBenchmark: CRISIL Hybrid 50+50 Moderate IndexCheck Portfolio Overlap →

NAV: ₹32.35-0.42%

22 Oct 2026

Holdings Analysis

Equity, debt and cash allocation snapshot with market cap distribution for DSP Dynamic Asset Allocation Fund Direct-Growth.

Asset Allocation

As on 30 Sep 2026

Equity

56.08%

Debt

22.94%

Others

20.98%

Market Cap Distribution

Large Cap (83.9%)

Mid Cap (8.0%)

Small Cap (8.1%)

Historical Asset Allocation

Asset	30 Sep 2026	31 Aug 2026	31 Jul 2026	30 Jun 2026	31 May 2026	30 Apr 2026
Equity	56.08%	48.85%	49.29%	46.78%	45.14%	46.61%
Debt	22.94%	26.41%	27.75%	26.76%	28.93%	29.78%
Others (incl. cash)	20.98%	24.73%	22.96%	26.46%	25.93%	23.61%
Commodities	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Real Estate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Portfolio Snapshot

No. of Securities

P/E Ratio

18.58

P/B Ratio

2.52

Top Holding %

20.98%

Top 5 Holdings %

44.89%

Top 10 Holdings %

58.44%

Modified Duration

2.00 yrs

Avg. Maturity

3.33 yrs

Yield to Maturity

7.31%

AUM

₹3,704 Cr

Expense Ratio

1.04%

Since Inception

9.67%

Max Drawdown

-0.19%

Sharpe Ratio

0.58

Top Portfolio Holdings by Weight

Latest portfolio holdings sorted by allocation weight. Includes instrument name, sector, number of shares, market value (₹ Cr) and percentage of net assets. Switch dates or categories using the controls below.

Instrument	Sector	No. of Shares	Value (Rs. Cr)	Weight	Change
ICICI Bank Ltd.	Financial	20,75,684	274.34	7.41%	1.31%↑
HDFC Bank Ltd.	Financial	38,03,088	269.52	7.28%	1.98%↑
Axis Bank Ltd.	Financial	14,98,248	183.69	4.96%	0.92%↑
State Bank of India	Financial	16,48,489	158.17	4.27%	1.14%↑
Bharti Airtel Ltd.	Communication	8,34,010	146.54	3.96%	2.20%↑
Kotak Mahindra Bank Ltd.	Financial	34,27,859	142.94	3.86%	1.57%↑
Bajaj Finserv Ltd.	Financial	4,29,649	74.37	2.01%	0.02%↑
Bandhan Bank Ltd.	Financial	38,95,200	69.42	1.87%	-
Titan Company Ltd.	Consumer Discretionary	1,49,450	68.55	1.85%	-
Tata Steel Ltd.	Metals & Mining	35,99,619	66.34	1.79%	-
SBI Life Insurance Company Ltd.	Insurance	3,37,958	57.33	1.55%	0.27%↑
Reliance Industries Ltd.	Energy	4,68,957	55.67	1.50%	-
LG Electronics India Ltd.	Consumer Discretionary	3,17,084	54.65	1.48%	0.07%↑
Oil And Natural Gas Corporation Ltd.	Energy	23,90,867	53.99	1.46%	-
Cipla Ltd.	Healthcare	3,85,093	51.83	1.40%	-0.02%↓
Life Insurance Corporation of India	Insurance	13,07,501	51.67	1.40%	-0.04%↓
HDFC Life Insurance Co Ltd.	Insurance	9,65,149	50.3	1.36%	0.23%↑
Mahindra & Mahindra Ltd.	Automobile	1,63,056	48.1	1.30%	-0.10%↓
NTPC Ltd.	Energy	14,19,558	45.82	1.24%	0.33%↑
Hindalco Industries Ltd.	Metals & Mining	4,71,800	44.43	1.20%	-

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Sector-wise Portfolio Allocation

Equity exposure by sector as a percentage of total net assets, tracked across recent portfolio dates. Identifies concentration risk and sector rotation trends in the fund's holdings.

Sector	30 Sep 2026	31 Aug 2026	31 Jul 2026	30 Jun 2026	31 May 2026	30 Apr 2026
Financial	25.77%	25.57%	25.08%	24.03%	22.00%	20.93%
Energy	5.30%	1.61%	2.10%	2.07%	1.98%	2.59%
Insurance	4.53%	4.07%	3.41%	3.48%	3.72%	3.65%
Healthcare	4.03%	3.32%	3.16%	3.44%	3.37%	3.48%
Automobile	3.76%	3.60%	3.32%	2.67%	3.18%	3.62%
Consumer Staples	3.25%	3.20%	3.14%	3.15%	3.32%	4.15%
Communication	1.75%	1.68%	1.67%	1.59%	1.59%	1.66%
Capital Goods	1.52%	1.28%	1.71%	1.23%	-	0.31%
Consumer Discretionary	1.46%	-	1.24%	1.31%	1.31%	1.64%
Technology	1.42%	1.33%	1.23%	1.08%	1.92%	2.33%
Services	1.31%	2.76%	2.13%	1.67%	1.67%	0.90%
Materials	1.03%	1.05%	1.12%	1.07%	1.13%	1.36%
Metals & Mining	0.96%	-	-	-	-	-
Construction	0.00%	-	-	-	-	-

Debt Holdings — Credit Quality Profile

Allocation of debt instruments by credit rating (AAA, AA, A, and below investment grade) as a percentage of net assets, compared against the category average. Higher AAA allocation indicates lower credit risk.

Rating	Fund	Category
Cash	16.92%	4.49%
AAA	12.21%	8.73%
SOV	5.60%	7.34%
Cash & Call Money	4.06%	8.10%
AA+	3.83%	1.76%
A1+	1.30%	1.87%
A	-	0.01%
A+	-	0.04%
A-	-	0.10%
AA	-	0.88%
AA-	-	0.24%
BBB+	-	0.06%
Others	-	0.26%
Term Deposits	-	0.02%

Equity Insights

A detailed look at the equity holdings of this scheme — aggregated scores on value, momentum, quality parameters along with diversification and performance analysis.

Style Analysis

Value score

60.4 / 100

Weighted average Value score is 60.4. This indicates that portfolio is relatively reasonably valued using composite of value measures.

Price Momentum score

57.8 / 100

Weighted average Price Momentum score is 57.8. This indicates that portfolio has average momentum using composite of momentum measures.

Quality score

64.7 / 100

Weighted average Quality score is 64.7. This indicates that portfolio has average quality using composite of quality measures.

QVM score

69.8 / 100

Weighted average QVM score is 69.8. This indicates that portfolio has average QVM score and hence a neutral stance is warranted.

Red Flags

Earnings manipulation risk (Beneish M-score)

Following stocks have high risk of potential earnings manipulation (Beneish M-score > -1.78):

Name	Value
Hindustan Unilever Ltd.	-1.56

Negative cash flow from operations

Following companies have not generated positive operating cash flow for 2 consecutive financial years: Bajaj Finserv Ltd., Life Insurance Corporation of India, PNB Housing Finance Ltd., Tata Capital Ltd.

Debt Insights

A detailed look at the debt holdings of this scheme — Is the scheme yielding enough? Includes credit quality, instrument breakdown and SEBI risk classification.

SEBI PRC matrix

Credit risk

	Interest risk
	Low	Moderate	High
Low
Moderate
High

Instruments

Full name	Description	Coupon rate	Maturity	Rating raw	Weight
GOI	GOI Securities	7.06%	10/04/2028	SOV	1.69%
GOI	GOI Securities	7.17%	17/04/2030	SOV	1.41%
REC Ltd.	Non Convertible Debenture	7.77%	31/03/2028	CRISIL AAA	1.40%
Bajaj Finance Ltd.	Bonds/NCDs	7.90%	13/04/2028	CRISIL AAA	1.39%
LIC Housing Finance Ltd.	Bonds	7.07%	29/04/2030	CRISIL AAA	1.35%
National Bank For Agriculture & Rural Development	Bonds	7.48%	15/09/2028	CRISIL AAA	1.35%
GOI	GOI Securities	7.32%	13/11/2030	SOV	1.13%
Torrent Pharmaceuticals Ltd.	Non Convertible Debenture	7.60%	19/01/2029	ICRA AA+	1.07%
Small Industries Devp. Bank of India Ltd.	Bonds	7.34%	26/02/2029	CRISIL AAA	0.94%
Bharti Telecom Ltd.	Debenture	8.95%	04/12/2026	CRISIL AAA	0.73%
India Universal Trust AL1	Securitised Debt	8.20%	20/09/2030	IND AAA(SO)	0.73%
Bajaj Finance Ltd.	Debenture	7.82%	31/01/2034	CRISIL AAA	0.71%
Muthoot Finance Ltd.	Non Convertible Debenture	7.88%	22/11/2028	CRISIL AA+	0.71%
Power Finance Corporation Ltd.	Bonds	7.45%	0	CRISIL AAA	0.70%
National Bank For Agriculture & Rural Development	Debenture	6.66%	12/10/2028	ICRA AAA	0.70%
Muthoot Finance Ltd.	Debenture	8.40%	27/07/2028	CRISIL AA+	0.69%
GOI	GOI Securities	7.71%	18/05/2066	SOV	0.69%
Muthoot Finance Ltd.	Debenture	7.85%	22/02/2029	CRISIL AA+	0.69%
REC Ltd.	Debenture	8.09%	21/03/2028	CRISIL AAA	0.68%
Cholamandalam Investment and Finance Company Ltd.	Debenture	8.40%	18/09/2027	ICRA AA+	0.68%
GOI	GOI Securities	6.94%	11/05/2036	SOV	0.68%
National Bank For Financing Infrastructure And Development	Debenture	0.00%	0	CRISIL AAA	0.67%
National Bank For Financing Infrastructure And Development	Bonds	7.04%	07/04/2035	CRISIL AAA	0.66%
HDFC Bank Ltd.	Certificate of Deposit	0.00%	09/03/2027	CRISIL A1+	0.66%
Indian Bank	Certificate of Deposit	0.00%	15/06/2027	CRISIL A1+	0.64%
Bharti Telecom Ltd.	Debenture	7.40%	01/02/2029	CRISIL AAA	0.21%

Frequently Asked Questions

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

The top holdings of DSP Dynamic Asset Allocation Fund Direct-Growth as of 30 Sep 2026 are Others (20.98%), ICICI Bank Ltd. (7.41%), HDFC Bank Ltd. (7.28%), Axis Bank Ltd. (4.96%), State Bank of India (4.27%). These top 5 stocks together account for 44.89% of the total portfolio. You can view the complete holdings breakdown above.

How many stocks does DSP Dynamic Asset Allocation Fund Direct-Growth hold in its portfolio?

DSP Dynamic Asset Allocation Fund Direct-Growth holds 73 stocks in its portfolio as of 30 Sep 2026. The fund's portfolio size reflects the fund manager's investment approach, a more concentrated portfolio indicates higher conviction bets, while a larger number of holdings suggests a more diversified strategy.

What is the sector allocation of DSP Dynamic Asset Allocation Fund Direct-Growth?

As of 30 Sep 2026, DSP Dynamic Asset Allocation Fund Direct-Growth's top sector allocations are Financial (25.77%), Energy (5.30%), Insurance (4.53%). You can find detailed sector allocation above.

What is the equity and debt allocation of DSP Dynamic Asset Allocation Fund Direct-Growth?

As of 30 Sep 2026, DSP Dynamic Asset Allocation Fund Direct-Growth has 56.08% allocated to equity, and 22.94% to debt. You can also check the historical trends above.

What is the market cap allocation of DSP Dynamic Asset Allocation Fund Direct-Growth?

As of 30 Sep 2026, DSP Dynamic Asset Allocation Fund Direct-Growth's market cap allocation is 83.89% in large caps, 8.00% in mid caps, and 8.10% in small caps.

What is the PE ratio of DSP Dynamic Asset Allocation Fund Direct-Growth's portfolio?

The portfolio PE ratio of DSP Dynamic Asset Allocation Fund Direct-Growth is 18.58 as of 30 Sep 2026. The portfolio PE ratio tells you how expensive or cheap the fund's holdings are relative to their earnings.

What is the credit quality of DSP Dynamic Asset Allocation Fund Direct-Growth?

As of 30 Sep 2026, DSP Dynamic Asset Allocation Fund Direct-Growth's debt portfolio has 12.21% in AAA-rated instruments, 3.83% in AA-rated, and 5.60% in sovereign securities. Higher allocation to AAA and sovereign instruments indicates lower credit risk in the non-equity portion of the portfolio.

When is the latest portfolio disclosure for DSP Dynamic Asset Allocation Fund Direct-Growth?

The latest portfolio disclosure for DSP Dynamic Asset Allocation Fund Direct-Growth is as of 30 Sep 2026. SEBI requires all mutual funds to disclose their complete portfolio holdings on a monthly basis, typically within 10 days of the end of each month.

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Asset

30 Sep 2026

31 Aug 2026

31 Jul 2026

30 Jun 2026

31 May 2026

30 Apr 2026

Equity

56.08%

48.85%

49.29%

46.78%

45.14%

46.61%

Debt

22.94%

26.41%

27.75%

26.76%

28.93%

29.78%

Others (incl. cash)

20.98%

24.73%

22.96%

26.46%

25.93%

23.61%

Commodities

0.00%

Real Estate

0.00%

Instrument

Sector

No. of Shares

Value (Rs. Cr)

Weight

Change

ICICI Bank Ltd.

Financial

20,75,684

274.34

7.41%

1.31%↑

HDFC Bank Ltd.

Financial

38,03,088

269.52

7.28%

1.98%↑

Axis Bank Ltd.

Financial

14,98,248

183.69

4.96%

0.92%↑

State Bank of India

Financial

16,48,489

158.17

4.27%

1.14%↑

Bharti Airtel Ltd.

Communication

8,34,010

146.54

3.96%

2.20%↑

Kotak Mahindra Bank Ltd.

Financial

34,27,859

142.94

3.86%

1.57%↑

Bajaj Finserv Ltd.

Financial

4,29,649

74.37

2.01%

0.02%↑

Bandhan Bank Ltd.

Financial

38,95,200

69.42

1.87%

Titan Company Ltd.

Consumer Discretionary

1,49,450

68.55

1.85%

Tata Steel Ltd.

Metals & Mining

35,99,619

66.34

1.79%

SBI Life Insurance Company Ltd.

Insurance

3,37,958

57.33

1.55%

0.27%↑

Reliance Industries Ltd.

Energy

4,68,957

55.67

1.50%

LG Electronics India Ltd.

Consumer Discretionary

3,17,084

54.65

1.48%

0.07%↑

Oil And Natural Gas Corporation Ltd.

Energy

23,90,867

53.99

1.46%

Cipla Ltd.

Healthcare

3,85,093

51.83

1.40%

-0.02%↓

Life Insurance Corporation of India

Insurance

13,07,501

51.67

1.40%

-0.04%↓

HDFC Life Insurance Co Ltd.

Insurance

9,65,149

50.3

1.36%

0.23%↑

Mahindra & Mahindra Ltd.

Automobile

1,63,056

48.1

1.30%

-0.10%↓

NTPC Ltd.

Energy

14,19,558

45.82

1.24%

0.33%↑

Hindalco Industries Ltd.

Metals & Mining

4,71,800

44.43

1.20%

Sector

30 Sep 2026

31 Aug 2026

31 Jul 2026

30 Jun 2026

31 May 2026

30 Apr 2026

Financial

25.77%

25.57%

25.08%

24.03%

22.00%

20.93%

Energy

5.30%

1.61%

2.10%

2.07%

1.98%

2.59%

Insurance

4.53%

4.07%

3.41%

3.48%

3.72%

3.65%

Healthcare

4.03%

3.32%

3.16%

3.44%

3.37%

3.48%

Automobile

3.76%

3.60%

3.32%

2.67%

3.18%

3.62%

Consumer Staples

3.25%

3.20%

3.14%

3.15%

3.32%

4.15%

Communication

1.75%

1.68%

1.67%

1.59%

1.66%

Capital Goods

1.52%

1.28%

1.71%

1.23%

0.31%

Consumer Discretionary

1.46%

1.24%

1.31%

1.64%

Technology

1.42%

1.33%

1.23%

1.08%

1.92%

2.33%

Services

1.31%

2.76%

2.13%

1.67%

0.90%

Materials

1.03%

1.05%

1.12%

1.07%

1.13%

1.36%

Metals & Mining

0.96%

Construction

0.00%

Rating

Fund