Parag Parikh Dynamic Asset Allocation Fund
Dynamic Asset AllocationModerately HighOPEN-ENDED
- NAV as on 24 Sep 2026
- ₹11.73-0.23%1 day
- Return since launch
- 6.6%
- 52-week range
- ₹11.34 — ₹11.81
- AUM
- ₹2,575 Cr
Parag Parikh Dynamic Asset Allocation Fund is a Dynamic Asset Allocation hybrid fund from PPFAS Mutual Fund with ₹2,575 Cr under management, launched in 2024. The expense ratio is 0.75% 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 +3.3% against +0.6% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 2.8% | +2.2 pts | 0.6% | -0.5% |
| 2Y | 3.7% | +2.2 pts | 1.5% | 1.6% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -0.2% | +2.4 pts | -2.6% | -2.7% |
| 3M | 0.2% | +0.7 pts | -0.5% | -0.5% |
| 6M | 2.3% | −1.9 pts | 4.2% | 4.1% |
| 1Y | 3.3% | +2.7 pts | 0.6% | 0.7% |
| 2Y | 4.0% | +3.9 pts | 0.1% | 0.3% |
Since launch (20 Feb 2024): 6.6%
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
0.76%
Expense ratio as on 23 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.53%
- Brokerage
- 0.02%
- Transaction charges
- 0.02%
- Statutory levies
- 0.19%
- 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 | 0.40 | 1.29 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | — | 0.63 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | — | 0.82 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | — | 10.95 | 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 31 Aug 2026
Asset allocation
- Equity14.1%
- Debt59.4%
- Other26.5%
Market cap split
- Large70.8%
- Mid17.5%
- Small11.8%
- P/E
- 13.59
- P/B
- 2.32
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 12.85% | ₹331 Cr | +38.33% | +42.97% | +68.45% |
| Embassy Office Parks REIT | Construction | 8.41% | ₹217 Cr | +10.30% | +8.11% | — |
| Brookfield India Real Estate Trust REIT | Construction | 5.60% | ₹144 Cr | +5.00% | +5.29% | — |
| Petronet LNG Ltd. | Energy | 2.92% | ₹75.28 Cr | +2.52% | +2.93% | +2.48% |
| Small Industries Devp. Bank of India Ltd. | Financial | 2.90% | ₹74.58 Cr | +1.84% | — | +2.02% |
| LIC Housing Finance Ltd. | Financial | 2.88% | ₹74.18 Cr | +2.75% | +2.73% | +3.03% |
| Coal India Ltd. | Materials | 2.81% | ₹72.37 Cr | +6.13% | 0.00% | +4.96% |
| Parag Parikh Liquid Fund Direct - Growth | Unclassified | 2.71% | ₹69.82 Cr | +4.00% | +4.72% | +3.87% |
| Power Grid Corporation Of India Ltd. | Energy | 2.59% | ₹66.78 Cr | +5.47% | 0.00% | +4.97% |
| company:20045 | Construction | 2.40% | ₹61.74 Cr | — | — | — |
| ITC Ltd. | Consumer Staples | 2.33% | ₹60.06 Cr | +2.41% | +2.47% | +2.58% |
| National Bank For Agriculture & Rural Development | Financial | 1.94% | ₹49.87 Cr | +1.85% | +0.91% | +0.20% |
| Bajaj Finance Ltd. | Financial | 1.90% | ₹48.80 Cr | +0.90% | -0.85% | -1.96% |
| Gujarat State | Construction | 1.39% | ₹35.79 Cr | +1.31% | +1.31% | +0.41% |
| GOI | Sovereign | 0.99% | ₹25.45 Cr | +0.93% | +0.75% | +0.83% |
| Swaraj Engines Ltd. | Capital Goods | 0.99% | ₹25.40 Cr | +1.01% | +0.92% | +1.14% |
| Tata Capital Ltd. | Financial | 0.97% | ₹25.05 Cr | — | — | — |
| Madhya Pradesh State | Others | 0.96% | ₹24.71 Cr | +0.91% | +0.91% | — |
| Nesco Ltd. | Construction | 0.92% | ₹23.73 Cr | +0.99% | +0.92% | +1.27% |
| company:4907 | Financial | 0.91% | ₹23.35 Cr | — | — | +1.57% |
| VST Industries Ltd. | Consumer Staples | 0.73% | ₹18.82 Cr | +0.85% | +0.76% | +0.04% |
| Maharashtra State | Others | 0.40% | ₹10.22 Cr | +0.38% | +0.38% | +0.20% |
| Tamilnadu State | Others | 0.40% | ₹10.20 Cr | +0.38% | +0.38% | +0.21% |
| Rajasthan State | Others | 0.40% | ₹10.17 Cr | +0.37% | +0.37% | +0.41% |
| IndiGrid Infrastructure Trust | Capital Goods | 0.38% | ₹9.80 Cr | +0.19% | +0.18% | +0.20% |
| Andhra Pradesh State | Financial | 0.20% | ₹5.25 Cr | +0.19% | +0.19% | +0.21% |
| Karnataka State | Others | 0.20% | ₹5.14 Cr | +0.57% | +0.57% | +0.63% |
| Uttar Pradesh State | Others | 0.19% | ₹4.99 Cr | +0.94% | +0.38% | +0.42% |
| Reserve Bank of India | Financial | 0.19% | ₹4.77 Cr | +0.18% | +0.18% | +0.19% |
| Indus Towers Ltd. | Communication | 0.06% | ₹1.45 Cr | +0.06% | +0.06% | -0.05% |
| DLF Ltd. | Construction | 0.01% | ₹0.17 Cr | -0.49% | -0.83% | -1.45% |
| NMDC Ltd. | Metals & Mining | 0.00% | ₹0.08 Cr | -0.32% | -0.29% | -0.38% |
| Tata Steel Ltd. | Metals & Mining | 0.00% | ₹0.05 Cr | -0.62% | -0.63% | -0.56% |
| Bharat Heavy Electricals Ltd. | Capital Goods | 0.00% | ₹0.04 Cr | -0.21% | -0.82% | -0.46% |
| Aditya Birla Capital Ltd. | Financial | 0.00% | ₹0.03 Cr | -0.19% | -0.18% | -0.33% |
| Bajaj Finserv Ltd. | Financial | 0.00% | ₹0.03 Cr | -0.26% | -0.30% | -0.45% |
| Bandhan Bank Ltd. | Financial | -0.00% | ₹-0.00 Cr | -0.02% | -0.02% | -0.10% |
| SBI Life Insurance Company Ltd. | Insurance | -0.00% | ₹-0.01 Cr | -0.11% | -0.12% | -0.12% |
| Ambuja Cements Ltd. | Materials | -0.00% | ₹-0.01 Cr | -0.09% | -0.10% | — |
| Coforge Ltd. | Technology | -0.00% | ₹-0.03 Cr | -2.05% | -1.66% | — |
| Titan Company Ltd. | Consumer Discretionary | -0.00% | ₹-0.05 Cr | -0.67% | -0.78% | -0.92% |
| Ultratech Cement Ltd. | Materials | -0.01% | ₹-0.15 Cr | -1.06% | -1.28% | -2.79% |
| Mahindra & Mahindra Ltd. | Automobile | -0.01% | ₹-0.26 Cr | -0.64% | -0.93% | -0.61% |
| Kotak Mahindra Bank Ltd. | Financial | -0.01% | ₹-0.32 Cr | -2.79% | -2.96% | -3.48% |
| HDFC Bank Ltd. | Financial | -0.01% | ₹-0.36 Cr | -5.23% | -1.96% | -2.42% |
| Reliance Industries Ltd. | Energy | -0.03% | ₹-0.78 Cr | -5.75% | -5.89% | -7.03% |
| Bharti Airtel Ltd. | Communication | -0.05% | ₹-1.38 Cr | -3.43% | -3.45% | -1.01% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Others | 11.90% | 8.33% | -3.57% |
| Coal India Ltd. | 2.86% | -0.00% | -2.86% |
| Power Grid Corporation Of India Ltd. | 2.76% | -0.00% | -2.76% |
| company:20045 | 0.00% | 2.40% | +2.40% |
| Reliance Industries Ltd. | -2.92% | -1.64% | +1.28% |
| REC Ltd. | 1.13% | 0.00% | -1.13% |
| Small Industries Devp. Bank of India Ltd. | 0.96% | 1.93% | +0.97% |
| company:4907 | 0.00% | 0.91% | +0.91% |
| Uttar Pradesh State | 0.99% | 0.19% | -0.79% |
| Kotak Mahindra Bank Ltd. | -1.44% | -0.72% | +0.72% |
| Parag Parikh Liquid Fund Direct - Growth | 3.42% | 2.71% | -0.71% |
| Eternal Ltd. | -0.59% | 0.00% | +0.59% |
| HDFC Bank Ltd. | -2.03% | -1.61% | +0.42% |
| Bharti Airtel Ltd. | -1.89% | -1.60% | +0.29% |
| Petronet LNG Ltd. | 2.69% | 2.92% | +0.23% |
| ITC Ltd. | 2.53% | 2.33% | -0.20% |
| Embassy Office Parks REIT | 5.44% | 5.53% | +0.09% |
| Brookfield India Real Estate Trust REIT | 5.51% | 5.60% | +0.09% |
| JSW Steel Ltd. | -0.07% | 0.00% | +0.07% |
| Coforge Ltd. | -0.80% | -0.75% | +0.05% |
| Hindalco Industries Ltd. | -0.03% | 0.00% | +0.03% |
| VST Industries Ltd. | 0.76% | 0.73% | -0.03% |
| DLF Ltd. | -0.28% | -0.25% | +0.03% |
| Bajaj Finserv Ltd. | -0.15% | -0.14% | +0.01% |
| SBI Life Insurance Company Ltd. | -0.06% | -0.04% | +0.01% |
| National Bank For Agriculture & Rural Development | 1.92% | 1.94% | +0.01% |
| Bajaj Finance Ltd. | 1.88% | 1.90% | +0.01% |
| Titan Company Ltd. | -0.16% | -0.18% | -0.01% |
| Ambuja Cements Ltd. | -0.05% | -0.04% | +0.01% |
| Bharat Heavy Electricals Ltd. | -0.10% | -0.09% | +0.01% |
| Tata Capital Ltd. | 0.96% | 0.97% | +0.01% |
| Tata Steel Ltd. | -0.30% | -0.29% | +0.01% |
| Aditya Birla Capital Ltd. | -0.11% | -0.10% | +0.01% |
| GOI | 0.98% | 0.99% | +0.01% |
| Zydus Lifesciences Ltd. | -0.01% | 0.00% | +0.01% |
| LIC Housing Finance Ltd. | 0.96% | 0.96% | +0.01% |
| Nesco Ltd. | 0.93% | 0.92% | -0.01% |
| Bandhan Bank Ltd. | -0.01% | -0.00% | +0.01% |
| Gujarat State | 1.38% | 1.39% | +0.01% |
| NMDC Ltd. | -0.15% | -0.16% | 0.00% |
| Madhya Pradesh State | 0.96% | 0.96% | 0.00% |
| Maharashtra State | 0.39% | 0.40% | 0.00% |
| Ultratech Cement Ltd. | -0.37% | -0.36% | 0.00% |
| Reserve Bank of India | 0.18% | 0.19% | 0.00% |
| Tamilnadu State | 0.39% | 0.40% | 0.00% |
| IndiGrid Infrastructure Trust | 0.38% | 0.38% | 0.00% |
| JIO Financial Services Ltd. | -0.00% | 0.00% | 0.00% |
| Rajasthan State | 0.39% | 0.40% | 0.00% |
| Swaraj Engines Ltd. | 0.99% | 0.99% | 0.00% |
| Karnataka State | 0.20% | 0.20% | 0.00% |
| Andhra Pradesh State | 0.20% | 0.20% | 0.00% |
| Indus Towers Ltd. | 0.06% | 0.06% | 0.00% |
| Mahindra & Mahindra Ltd. | -0.36% | -0.36% | 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 | ₹39,803 Cr | 1.98% | 0.3% | 5.2% | 9.8% |
 HDFC Balanced Advantage Fund | ₹1,07,296 Cr | 1.31% | -3.8% | 3.3% | 10.5% |
 ICICI Prudential Balanced Advantage Fund | ₹75,399 Cr | 1.57% | 1.2% | 6.7% | 9.4% |
 Aditya Birla Sun Life Balanced Advantage Fund | ₹10,125 Cr | 1.95% | 4.6% | 7.5% | 9.6% |
 Baroda BNP Paribas Balanced Advantage Fund | ₹5,343 Cr | 2.05% | 1.4% | 6.3% | 9.6% |
 Quant Dynamic Asset Allocation Fund | ₹852 Cr | 3.03% | -2.1% | 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 months2.34% absolute | ₹60,000 | ₹61,404 | 2.34% | |
| 1 year3.28% annualised | ₹1,20,000 | ₹1,22,154 | 1.79% |
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 ₹11.73 as on 24 Sep 2026.
What is the expense ratio of Parag Parikh Dynamic Asset Allocation Fund?
The expense ratio of Parag Parikh Dynamic Asset Allocation Fund is 0.75% 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 ₹1,60,807 Cr under management.