Parag Parikh Dynamic Asset Allocation Fund - Regular Plan Growth
💡 Why Pick This Fund? Quantitative Strengths & Watch-outs
- Strong capital defense: downside capture of 8% limits losses during market corrections.
- Cost-efficient: expense ratio of 0.75% is lower than category median (2.4%).
- Limited historical track record under 3 years; long-term cycle performance is still evolving.
Key Statistics vs Category Median
Trailing Returns Comparison
| Period | Fund Return | Category Median | Difference |
|---|---|---|---|
| 1 Month | +1.34% | +5.51% | -4.17% |
| 3 Months | +0.10% | +1.29% | -1.19% |
| 6 Months | +1.57% | +5.25% | -3.68% |
| 1 Year | +3.13% | +2.38% | +0.75% |
| Since Inception | +6.36% | - | - |
Calendar Year Returns
| Year | Fund | Category Median | Gap |
|---|---|---|---|
| 2026 | +2.81% | +1.91% | +0.90% |
| 2025 | +5.58% | +5.68% | -0.10% |
Daily Rolling Returns Summary
| Rolling Window | Minimum | Average | Median | Maximum | % Positive | % Beating Proxy |
|---|---|---|---|---|---|---|
| 1-Year Rolling | +0.30% | +5.55% | +5.33% | +10.66% | 100.0% | 71.2% |
Risk Profile & Deepest Drawdowns
Portfolio & Asset Allocation
Statutory Asset Allocation Mandate (SEBI / SID)
| Instrument Category | Permitted Allocation Range |
|---|---|
| Equities & Equity related instruments | 0%-100%; Risk Profile - Very High Debt securities & Money Market instruments including units of Debt oriented mutual fund schemes : 0%-100%; Risk Profile - Low to Moderate “For detailed asset allocation, please refer to the Scheme Information Document (SID) available on the website.”” |
Investment Objective & Strategy
The investment objective of the Scheme is 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. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns.
ℹ️ Detailed monthly stock-level holdings for this scheme are updated periodically from asset management company statutory disclosures.
Fund Size Position
Currently managing Rs 2,471 cr (AMFI Daily Fund AUM as of 2026-11-11). Positioned as comfortable relative to Balanced Advantage schemes.
Fund Management
Cost & Capital Gains Taxation
From April 2026 the total expense ratio includes brokerage, transaction costs and statutory levies on top of the base fee.
Equity-oriented schemes: 20% short-term capital gains tax if sold within 12 months; 12.5% long-term capital gains tax on gains exceeding ₹1.25 lakh per financial year when held for more than 12 months.
Closest Balanced Advantage Peers by Rank
| Scheme | Score | 3Y Return | Expense | Downside | Fund Size | Compare |
|---|---|---|---|---|---|---|
| Samco Dynamic Asset Allocation Fund | 2.5 | - | 3.44% | 23.5% | Rs 57.0 cr | Compare → |
| Canara Robeco Balanced Advantage Fund | 3.6 | - | 2.37% | 64.3% | Rs 1,057 cr | Compare → |
| Helios Balanced Advantage Fund | 4.4 | - | 2.81% | 52.3% | Rs 281 cr | Compare → |
| Bajaj Finserv Balanced Advantage Fund | 4.2 | - | 2.63% | 64.9% | Rs 1,296 cr | Compare → |
| Unifi Dynamic Asset Allocation Fund | 9.8 | - | - | -15.6% | Rs 1,560 cr | Compare → |
Frequently Asked Questions about Parag Parikh Dynamic Asset Allocation Fund
What is the expense ratio of Parag Parikh Dynamic Asset Allocation Fund?
Parag Parikh Dynamic Asset Allocation Fund has a total expense ratio (TER) of 0.75% with a base expense ratio of 0.53%, compared to the Balanced Advantage category median of 2.40%.
Who manages Parag Parikh Dynamic Asset Allocation Fund?
Parag Parikh Dynamic Asset Allocation Fund is managed by Rajeev Thakkar (tenure: 2.7 years since 2024-02-27).
What are the historical returns of Parag Parikh Dynamic Asset Allocation Fund?
Parag Parikh Dynamic Asset Allocation Fund has a 1-year return of +3.13%.
How large is Parag Parikh Dynamic Asset Allocation Fund?
Parag Parikh Dynamic Asset Allocation Fund manages assets of Rs 2,471 cr, placing it in the 'comfortable' size band relative to Balanced Advantage peers.
How is Parag Parikh Dynamic Asset Allocation Fund scored on MFIQ?
Parag Parikh Dynamic Asset Allocation Fund holds an MFIQ Score of 6.9/10 (Average), based on a category percentile composite across returns, risk, consistency, and cost.
How risky is Parag Parikh Dynamic Asset Allocation Fund?
Parag Parikh Dynamic Asset Allocation Fund has an official SEBI riskometer rating of Very High. Over the analyzed period, its annualized standard deviation is 3.08% with a maximum historical drawdown of -2.80%.