Parag Parikh Dynamic Asset Allocation Fund
NAV
₹11.84
as of 21 Aug 2026
Parag Parikh Dynamic Asset Allocation Fund is an open-ended Dynamic Asset Allocation or Balanced Advantage scheme from PPFAS Mutual Fund managing ₹2,613 crore (as of 31 Jul 2026). Its Direct-plan NAV is ₹11.84 as of 21 Aug 2026. The expense ratio is 0.23% a year. Managed by Raj Mehta. This page is factual data only — it carries no rating and no recommendation.
Key facts
- Expense ratio
- 0.23% / yr
- as of 30 Jun 2026
- Fund size
- ₹2,613 crore
- as of 31 Jul 2026
- Exit load
- 1%
- SIP available
- Yes
- Launched
- 20 Feb 2024
- ISIN
- INF879O01266
₹100 invested, fund vs category
The category line is the average of the funds in this category, built from NYVO’s own NAV data.
Rebased to 100data to 20 Aug 2026Benchmark: Hybrid Balanced Benchmark
Parag Parikh Dynamic Asset Allocation Fund
₹118
+18% on ₹100 over 2.5 yrs
Dynamic Asset Allocation or Balanced Advantage average
₹120
+20% on ₹100 over 2.5 yrs
Returns vs category
| Window | Fund | Category avg | Gap |
|---|---|---|---|
| 3 months | 1.85% | – | – |
| 6 months | 1.27% | – | – |
| 1 year | 3.86% | – | – |
No category average is available for this fund. Short windows are noise; the 3 and 5-year rows are the record. Past returns do not predict future returns.
A single return number depends on its start date. These are ALL the overlapping holding periods, so the worst case is visible — read that number first.
1-year holding periods
- Worst
- 2.8%
- Median
- 5.7%
- Best
- 10.4%
19 windows over the last 30 months, stepped monthly; 100% ended positive. Worst window began 2 Jun 2025. Windows overlap — this is the range of past start dates, not a probability of anything.
Distance below its own peak
Every dip below 0 is the fund trading under a previous high — how deep and for how long is what a drawdown feels like.
Right now
-0.5% below peak
Where the money actually is
Equity
25.6%
Bonds
56.7%
Cash
17.7%
Other
0.0%
Whole-portfolio split, as of 31 Jul 2026. Equity here is the NET position: this fund holds shares and sells futures against them, so the two largely cancel. The holdings below are gross, before that offset.
What it owns
112 positions · top 10 = 24.4%
Market-cap mix (equity sleeve)
Large 12.4%Mid 9.4%Small 8.2%Other 70.0%
as of 31 Jul 2026
Holdings by sector
Real Estate(2 in top 10)11.2%
- Brookfield India Real Estate Trust5.51%
- Embassy Office Parks REIT5.44%
Energy(1 in top 10)8.5%
- Reliance Industries Ltd2.91%
- Financial Services4.9%
- Consumer Defensive3.3%
- Utilities2.8%
- Consumer Cyclical2.1%
- Communication Services1.9%
- Industrials1.0%
Sectors marked ▶ expand to show this fund’s top-10 holdings in that sector. Holdings as of 31 Jul 2026. Portfolio turnover 33.0% a year.
Other top holdings
- 7.21% Tamilnadu Sgs 2032matures 21 Jan 20323.84%
- Tamil Nadu (Government of) 7.12%matures 18 Feb 20323.83%
- Future on BANK Indexderivative3.48%
- Parag Parikh Liquid Dir Gr3.42%
- 7.72% Maharashtra Sgs 2031matures 1 Mar 20312.95%
- Future on Reliance Industries Ltdderivative2.92%
- Embassy Office Parks REIT 7.49%matures 22 Jun 20292.86%
Rows marked derivative are futures positions held against the shares listed beside them. A stock and its future largely cancel, so do not add the two together. Exposure figures are gross: funds that use derivatives (arbitrage, hedged books) hold offsetting positions, so concentration and turnover can read above 100%.
The debt it holds (debt sleeve)
- Yield to maturity
- 7.17% vs category 6.89%
- Modified duration
- 3.62 yrs vs category 2.35 yrs
- Average maturity
- 4.53 yrs vs category 3.80 yrs
- Average coupon
- 7.40%
- Government securities
- 44.3%
Credit quality
- AAA
- 100.0%
Government securities are counted inside AAA by the data provider’s ladder; the sovereign share is listed separately above. Credit quality as of 30 Jun 2026.
Portfolio characteristics as of 31 Jul 2026. Yield to maturity is what the portfolio would return if every holding were held to maturity and paid in full. It is not a forecast of the fund’s return, and it is quoted before expenses.
Money in, money out
- Net flow, 12 months
- +₹102 cr
- Net flow, 3 months
- −₹132 cr
as of 31 Jul 2026. Flows follow performance more than they predict it.
Quick answers
- What is the NAV of Parag Parikh Dynamic Asset Allocation Fund?
- ₹11.84 per unit as of 21 Aug 2026 (Direct plan, growth). NAV is declared daily on working days.
- What is the expense ratio of Parag Parikh Dynamic Asset Allocation Fund?
- 0.23% a year for the Direct plan, as of 30 Jun 2026.
- How large is Parag Parikh Dynamic Asset Allocation Fund?
- ₹2,613 crore under management as of 31 Jul 2026, in the Dynamic Asset Allocation or Balanced Advantage category.
- How risky is Parag Parikh Dynamic Asset Allocation Fund?
- Its SEBI Riskometer reading is "Moderately High Risk". The fund shifts between equity, debt and sometimes gold so you do not have to.
- Who manages Parag Parikh Dynamic Asset Allocation Fund?
- Raj Mehta, managing this fund for 2.5 years.
Where this fund sits
Its shelf, all funds
Ba · Balanced advantage →
The fund shifts between equity, debt and sometimes gold so you do not have to.
The money map
How big this shelf is in India →
The whole industry sized by real money, from AMFI’s monthly data.
Side by side
Compare this fund →
Put it next to any other fund — growth, returns, risk and cost in one table.
One bet or two?
Check its overlap →
See whether it owns the same stocks as your other funds.
Other Dynamic Asset Allocation or Balanced Advantage funds
- HDFC Balanced Advantage Fund₹1.08 lakh crore
- ICICI Prudential Balanced Advantage Fund₹74,555 crore
- SBI Balanced Advantage Fund₹42,244 crore
- Kotak Balanced Advantage Fund₹17,429 crore
- UTI Balanced Advantage Fund₹3,073 crore
- Franklin India Balanced Advantage Fund₹2,834 crore
- BANDHAN Balanced Advantage Fund₹2,236 crore
- WhiteOak Capital Balanced Advantage Fund₹2,202 crore
Data: NYVO research systems; each block above states its own as-of date, and blocks with no data for this fund are omitted rather than estimated. NAV updates daily on working days. The benchmark (Hybrid Balanced Benchmark) is named for reference only; its values are licensed and never shown. This page is factual information about one scheme. It is not investment advice, not a recommendation, and it carries no rating of any kind. Past performance does not predict future returns. Mutual fund investments are subject to market risks; read all scheme related documents carefully.