NFO Alert: PPFAS Mutual Fund Introduces Dynamic Asset Allocation Fund - Know more here!
Providing Information on New NFOs: Goals, Allocation, Supervisors, and Peer Outcomes
PPFAS Mutual Fund has recently introduced the Parag Parikh Dynamic Asset Allocation Fund, an open-ended hybrid scheme categorized under Dynamic Asset Allocation or Balanced Advantage. This fund targets income generation and long-term capital appreciation through investments in equity, equity derivatives, and fixed-income instruments. The allocation among these asset classes will be dynamically managed to offer investors capital appreciation while mitigating downside risk.
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The minimum subscription amount for this fund is Rs 5000, and the new fund offer concluded on February 22, 2024, post its launch on February 20, 2024.
Investment Objective:
The scheme aims to generate income and long-term capital appreciation by investing in equity, equity derivatives, and fixed-income instruments. The allocation between equity instruments and fixed income will be dynamically managed to provide long-term capital appreciation while managing downside risk. However, there's no assurance of realizing the investment objective, and the scheme doesn't guarantee any returns.
This product suits investors seeking capital appreciation and income generation over the medium to long term, investing in equity, equity-related instruments, debt, and money market instruments while managing risk through active asset allocation.
Risk-o-meter:
Scheme: Moderate
Benchmark: High
Funds Allocation:
|
Types of Instruments
|
Normal Allocation (Per cent of Net Assets)
|
Risk Profile
|
|
Equities & Equity related instruments
|
0 - 100
|
Very High
|
|
Debt securities & Money Market instruments
|
0 - 100
|
Low to Moderate
|
Benchmark:
The scheme's performance will be compared against the CRISIL Hybrid 50+50 – Moderate Index, which is well-suited for evaluating the scheme's performance.
Fund Managers:
|
Name
|
Designation
|
Age
|
Educational Qualification
|
|
Rajeev Thakkar
|
CIO and Equity Fund Manager
|
51
|
B. Com, Chartered Accountant, CFA
|
|
Raunak Onkar
|
Equity Fund Manager
|
38
|
BSc. IT, MMS- Finance
|
|
Raj Mehta
|
Debt Fund Manager
|
34
|
B.Com, M.Com, Chartered Accountant, CFA
|
|
Rukun Tarachandani
|
Fund Manager - Equity
|
33
|
PGDM-Finance, B. Tech, CFA
|
|
Mansi Kariya
|
Debt Fund Manager
|
36
|
CFA, MS-(Finance), B.Com
|
Peer Index Funds and Historical Returns:
|
Scheme Name
|
Launch Date
|
AUM (Crore)
|
Expense Ratio (Per cent)
|
Returns as on - 21-02-2024 in Per cent
|
|
2024
|
2023
|
2022
|
2021
|
2020
|
|
DSP Dynamic Asset Allocation
|
05-02-2014
|
3185.59
|
1.93
|
0.69
|
17.06
|
0.08
|
9.31
|
12.93
|
|
Motilal Oswal Balanced Advantage Fund (MOFDYNAMIC)
|
05-09-2016
|
1281.58
|
2.15
|
0.96
|
24.1
|
-1.11
|
7.41
|
8.8
|
|
Samco Dynamic Asset Allocation
|
28-12-2023
|
568.53
|
2.34
|
-
|
-
|
-
|
-
|
-
|
|
quant Dynamic Asset Allocation Fund
|
12-04-2023
|
607.45
|
2.35s
|
13.26
|
-
|
-
|
-
|
-
|
|
All Hybrid: Dynamic Asset Allocation
|
-
|
-
|
-
|
2.97
|
18.32
|
3.54
|
14.08
|
12.95
|
Disclaimer: The article is for informational purposes only and not investment advice.