Parag Parikh Dynamic Asset Allocation Fund
Dynamic Asset AllocationModerately HighOPEN-ENDED
- NAV as on 9 Nov 2026
- ₹11.76+0.10%1 day
- Return since launch
- 6.2%
- 52-week range
- ₹11.38 — ₹11.81
- AUM
- ₹2,533 Cr
Parag Parikh Dynamic Asset Allocation Fund is a Dynamic Asset Allocation hybrid fund from PPFAS Mutual Fund with ₹2,533 Cr under management, launched in 2024. The expense ratio is 0.76% and the SEBI riskometer reading is Moderately High.
Performance
Parag Parikh Dynamic Asset Allocation Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +2.8% against +2.4% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 2.5% | +0.4 pts | 2.0% | 6.1% |
| 2Y | 3.5% | −1.3 pts | 4.7% | 4.8% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 1.2% | −4.1 pts | 5.2% | 5.3% |
| 3M | -0.3% | −0.6 pts | 0.3% | 0.5% |
| 6M | 1.3% | −2.8 pts | 4.1% | 4.3% |
| 1Y | 2.8% | +0.8 pts | 2.0% | 2.4% |
| 2Y | 4.3% | +0.8 pts | 3.5% | 3.8% |
Since launch (20 Feb 2024): 6.2%
Calendar-year returns
Category average5.6%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 5.6% | −1.1 pts | 6.7% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
0.75%
Expense ratio as on 7 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.53%
- Brokerage
- 0.02%
- Transaction charges
- 0.02%
- Statutory levies
- 0.18%
- Exit load
- Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 1 year.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- CRISIL Hybrid 50+50 Moderate Index
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Moderately High
Your principal is treated as being at moderately high risk — typically balanced hybrid and index-led equity schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | — | — | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 0.39 | 1.25 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | — | 0.48 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | — | 0.63 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | — | 10.86 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
Parag Parikh Dynamic Asset Allocation Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Equity14.7%
- Debt60.4%
- Other24.9%
Market cap split
- Large71.1%
- Mid16.6%
- Small12.4%
- P/E
- 13.03
- P/B
- 2.23
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 10.95% | ₹277 Cr | +38.14% | +36.90% | +71.87% |
| Embassy Office Parks REIT | Construction | 8.49% | ₹215 Cr | +10.70% | +10.23% | — |
| Brookfield India Real Estate Trust REIT | Construction | 5.60% | ₹142 Cr | +5.26% | +4.82% | — |
| Coal India Ltd. | Materials | 3.02% | ₹76.57 Cr | +2.98% | +3.04% | +2.49% |
| Small Industries Devp. Bank of India Ltd. | Financial | 2.93% | ₹74.26 Cr | +1.89% | +1.87% | +1.95% |
| LIC Housing Finance Ltd. | Financial | 2.92% | ₹73.92 Cr | +2.83% | +2.80% | +2.92% |
| Petronet LNG Ltd. | Energy | 2.81% | ₹71.25 Cr | +2.65% | +2.33% | +2.55% |
| Parag Parikh Liquid Fund Direct - Growth | Unclassified | 2.77% | ₹70.15 Cr | +3.70% | +4.93% | +4.52% |
| Power Grid Corporation Of India Ltd. | Energy | 2.61% | ₹66.02 Cr | +2.73% | +2.82% | +2.46% |
| Knowledge Realty Trust | Construction | 2.50% | ₹63.39 Cr | — | — | — |
| ITC Ltd. | Consumer Staples | 2.47% | ₹62.67 Cr | +2.45% | +2.44% | +2.47% |
| Tata Capital Ltd. | Financial | 1.97% | ₹49.91 Cr | +0.95% | — | — |
| National Bank For Agriculture & Rural Development | Financial | 1.96% | ₹49.67 Cr | +1.91% | +1.88% | +0.19% |
| Bajaj Finance Ltd. | Financial | 1.91% | ₹48.48 Cr | +1.86% | +0.92% | -2.15% |
| Gujarat State | Construction | 1.40% | ₹35.33 Cr | +1.36% | +1.34% | +1.40% |
| Nesco Ltd. | Construction | 1.06% | ₹26.79 Cr | +0.93% | +0.87% | +1.14% |
| Maharashtra State | Others | 1.00% | ₹25.25 Cr | +0.39% | +0.38% | +0.20% |
| Swaraj Engines Ltd. | Capital Goods | 1.00% | ₹25.23 Cr | +1.07% | +0.88% | +1.13% |
| GOI | Sovereign | 0.99% | ₹25.11 Cr | +0.96% | +0.94% | +0.80% |
| Madhya Pradesh State | Others | 0.97% | ₹24.46 Cr | +0.94% | +0.92% | +0.96% |
| Power Finance Corporation Ltd. | Financial | 0.96% | ₹24.23 Cr | — | — | +1.51% |
| VST Industries Ltd. | Consumer Staples | 0.72% | ₹18.23 Cr | +0.88% | +0.67% | +0.04% |
| Tamilnadu State | Others | 0.40% | ₹10.10 Cr | +0.39% | +0.38% | +0.40% |
| Rajasthan State | Others | 0.40% | ₹10.05 Cr | +0.39% | +0.38% | +0.40% |
| IndiGrid Infrastructure Trust | Capital Goods | 0.38% | ₹9.74 Cr | +0.37% | +0.19% | +0.19% |
| Karnataka State | Others | 0.20% | ₹5.09 Cr | +0.20% | +0.58% | +0.61% |
| Andhra Pradesh State | Financial | 0.20% | ₹5.03 Cr | +0.20% | +0.20% | +0.21% |
| Uttar Pradesh State | Others | 0.19% | ₹4.94 Cr | +0.97% | +0.96% | +0.40% |
| Reserve Bank of India | Financial | 0.19% | ₹4.78 Cr | +0.19% | +0.18% | +0.18% |
| Indus Towers Ltd. | Communication | 0.05% | ₹1.39 Cr | +0.05% | +0.06% | -0.05% |
| DLF Ltd. | Construction | 0.00% | ₹0.01 Cr | -0.52% | -0.43% | -1.35% |
| Kotak Mahindra Bank Ltd. | Financial | 0.00% | ₹0.00 Cr | -2.86% | -2.61% | -3.41% |
| NMDC Ltd. | Metals & Mining | 0.00% | ₹0.00 Cr | -0.30% | -0.28% | -0.41% |
| SBI Life Insurance Company Ltd. | Insurance | 0.00% | ₹0.00 Cr | -0.11% | -0.11% | -0.11% |
| Bharat Heavy Electricals Ltd. | Capital Goods | 0.00% | ₹0.00 Cr | -0.21% | -0.12% | -2.11% |
| Bandhan Bank Ltd. | Financial | -0.00% | ₹-0.00 Cr | -0.02% | -0.02% | -0.10% |
| Ambuja Cements Ltd. | Materials | -0.00% | ₹-0.00 Cr | -0.09% | -0.08% | — |
| Mahindra & Mahindra Ltd. | Automobile | -0.00% | ₹-0.00 Cr | -0.63% | -0.62% | -1.21% |
| Ultratech Cement Ltd. | Materials | -0.00% | ₹-0.00 Cr | -1.05% | -0.99% | -2.60% |
| Bajaj Finserv Ltd. | Financial | -0.00% | ₹-0.00 Cr | -0.26% | -0.24% | -0.46% |
| Aditya Birla Capital Ltd. | Financial | -0.00% | ₹-0.01 Cr | -0.20% | -0.16% | -0.34% |
| Titan Company Ltd. | Consumer Discretionary | -0.00% | ₹-0.04 Cr | -0.73% | -0.66% | -0.82% |
| Tata Steel Ltd. | Metals & Mining | -0.00% | ₹-0.07 Cr | -0.58% | -0.59% | -0.60% |
| Reliance Industries Ltd. | Energy | -0.01% | ₹-0.16 Cr | -5.70% | -5.89% | -6.82% |
| Coforge Ltd. | Technology | -0.01% | ₹-0.17 Cr | -2.09% | -1.61% | — |
| Bharti Airtel Ltd. | Communication | -0.01% | ₹-0.21 Cr | -3.49% | -3.39% | -1.82% |
| HDFC Bank Ltd. | Financial | -0.02% | ₹-0.40 Cr | -4.98% | -5.33% | -2.32% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Coal India Ltd. | -0.00% | 3.02% | +3.02% |
| Power Grid Corporation Of India Ltd. | -0.00% | 2.61% | +2.61% |
| Tata Capital Ltd. | 0.97% | 1.97% | +1.00% |
| Maharashtra State | 0.40% | 1.00% | +0.60% |
| Others | 8.33% | 7.79% | -0.54% |
| DLF Ltd. | -0.25% | -0.05% | +0.20% |
| ITC Ltd. | 2.33% | 2.47% | +0.14% |
| Nesco Ltd. | 0.92% | 1.06% | +0.14% |
| Reliance Industries Ltd. | -1.64% | -1.53% | +0.11% |
| Petronet LNG Ltd. | 2.92% | 2.81% | -0.11% |
| Knowledge Realty Trust | 2.40% | 2.50% | +0.10% |
| Coforge Ltd. | -0.75% | -0.68% | +0.07% |
| Bharti Airtel Ltd. | -1.60% | -1.53% | +0.07% |
| Parag Parikh Liquid Fund Direct - Growth | 2.71% | 2.77% | +0.06% |
| Power Finance Corporation Ltd. | 0.91% | 0.96% | +0.05% |
| Mahindra & Mahindra Ltd. | -0.36% | -0.32% | +0.04% |
| Embassy Office Parks REIT | 5.53% | 5.57% | +0.04% |
| HDFC Bank Ltd. | -1.61% | -1.63% | -0.03% |
| Small Industries Devp. Bank of India Ltd. | 1.93% | 1.95% | +0.02% |
| National Bank For Agriculture & Rural Development | 1.94% | 1.96% | +0.02% |
| Bajaj Finance Ltd. | 1.90% | 1.91% | +0.02% |
| Bajaj Finserv Ltd. | -0.14% | -0.12% | +0.02% |
| NMDC Ltd. | -0.16% | -0.14% | +0.02% |
| Titan Company Ltd. | -0.18% | -0.16% | +0.02% |
| Ultratech Cement Ltd. | -0.36% | -0.35% | +0.02% |
| LIC Housing Finance Ltd. | 0.96% | 0.98% | +0.02% |
| VST Industries Ltd. | 0.73% | 0.72% | -0.01% |
| Swaraj Engines Ltd. | 0.99% | 1.00% | +0.01% |
| Tata Steel Ltd. | -0.29% | -0.30% | -0.01% |
| Madhya Pradesh State | 0.96% | 0.97% | +0.01% |
| Andhra Pradesh State | 0.20% | 0.20% | -0.01% |
| Kotak Mahindra Bank Ltd. | -0.72% | -0.72% | +0.01% |
| Gujarat State | 1.39% | 1.40% | 0.00% |
| IndiGrid Infrastructure Trust | 0.38% | 0.38% | 0.00% |
| Aditya Birla Capital Ltd. | -0.10% | -0.09% | 0.00% |
| Reserve Bank of India | 0.19% | 0.19% | 0.00% |
| GOI | 0.99% | 0.99% | 0.00% |
| Bharat Heavy Electricals Ltd. | -0.09% | -0.09% | 0.00% |
| Tamilnadu State | 0.40% | 0.40% | 0.00% |
| Ambuja Cements Ltd. | -0.04% | -0.03% | 0.00% |
| Brookfield India Real Estate Trust REIT | 5.60% | 5.60% | 0.00% |
| Rajasthan State | 0.40% | 0.40% | 0.00% |
| Indus Towers Ltd. | 0.06% | 0.05% | 0.00% |
| Karnataka State | 0.20% | 0.20% | 0.00% |
| Uttar Pradesh State | 0.19% | 0.19% | 0.00% |
| SBI Life Insurance Company Ltd. | -0.04% | -0.04% | 0.00% |
| Bandhan Bank Ltd. | -0.00% | -0.00% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹18,275 Cr | 2.11% | 7.3% | 6.9% | 10.2% |
 ICICI Prudential Balanced Advantage Fund | ₹71,913 Cr | 1.52% | 8.8% | 8.6% | 10.5% |
 Aditya Birla Sun Life Balanced Advantage Fund | ₹9,836 Cr | 1.96% | 10.5% | 8.9% | 10.5% |
 Baroda BNP Paribas Balanced Advantage Fund | ₹5,162 Cr | 2.04% | 7.8% | 7.7% | 10.4% |
 Axis Balanced Advantage Fund | ₹3,651 Cr | 2.18% | 7.4% | 6.8% | 9.7% |
 Quant Dynamic Asset Allocation Fund | ₹810 Cr | 2.84% | 2.0% | 2.5% | — |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The Scheme seeks to generate income/long term capital appreciation by investing in equity, equity derivatives, fixed income instruments. The allocation between equity instruments and fixed income will be managed dynamically so as to provide investors with long term capital appreciation while managing downside risk.
Fund managers
- Mansi KariyaMs. Karia has done B.Com, MS Finance and CFAPrior to joining PPFAS AMC, she has worked with Insync and Zacks Investment Research
- Raj MehtaMr. Mehta is a Commerce Graduate from University of Mumbai (N.M. College) ; Fellow Member of Institute of Chartered Accountants of India (ICAI) ; CFA Charter Holder.Beginning his career as an intern with PPFAS Mutual Fund in 2012, he swiftly moved up the ranks, and is currently part of the Fund Management team.
- Rajeev ThakkarMr.Thakkar is a Chartered Accountant, Cost Accountant, CFA, and CFP.He has been associated with PPFAS AMC since 2013.
- Raunak OnkarMr.Onkar is an MMS (Finance) from the University of Mumbai.He joined PPFAS as a research analyst. He was appointed as Head- research in the year 2011. He is working with the company as an Associate Fund Manager.
- Rukun TarachandaniMr. Tarachandani has done B Tech (Information Technology), PGPM (Finance), CFA and CQF.Prior to joining PPFAS Mutual Fund, he has worked with Kotak Mutual Fund, Goldman Sachs, Unnati Investment Management & Research Group.
- Tejas SomanMr. Soman has done B.Com from University of Mumbai and Post Graduate Program in Securities Markets - From ‘NISM’Prior to joining PPFAS Mutual Fund, he was associated with SBI MF, Yes Bank Limited, STCI Primary Dealership and PricewaterhouseCoopers
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months1.30% absolute | ₹60,000 | ₹60,780 | 1.30% | |
| 1 year2.80% annualised | ₹1,20,000 | ₹1,21,836 | 1.53% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of Parag Parikh Dynamic Asset Allocation Fund?
The NAV of Parag Parikh Dynamic Asset Allocation Fund is ₹11.76 as on 9 Nov 2026.
What is the expense ratio of Parag Parikh Dynamic Asset Allocation Fund?
The expense ratio of Parag Parikh Dynamic Asset Allocation Fund is 0.76% per year.
What is the minimum SIP amount for Parag Parikh Dynamic Asset Allocation Fund?
You can start a SIP in Parag Parikh Dynamic Asset Allocation Fund with ₹3,000 a month.
Is there a lock-in or exit load on Parag Parikh Dynamic Asset Allocation Fund?
Lock-in: None. Exit load: Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 1 year..
How risky is Parag Parikh Dynamic Asset Allocation Fund?
Parag Parikh Dynamic Asset Allocation Fund is rated Moderately High on the SEBI riskometer and belongs to the Dynamic Asset Allocation category.
Which fund house manages Parag Parikh Dynamic Asset Allocation Fund?
Parag Parikh Dynamic Asset Allocation Fund is managed by PPFAS Mutual Fund, which runs 7 schemes with ₹1,69,069 Cr under management.