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Parag Parikh
Dynamic Asset Allocation Fund

An open ended dynamic asset allocation fund

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Parag Parikh Dynamic Asset Allocation Fund Parag Parikh Dynamic Asset Allocation Fund

Tier 1 Benchmark Index - CRISIL Hybrid 50+50 Moderate Index


Investment Objective:

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 achieved and the Scheme does not assure or guarantee any returns.


The key advantage of DAAF is:

It is a credible and tax-efficient* alternative to certain fixed income instruments (like bank fixed deposits), offering the scope to earn income along with the prospect of growth in Net Asset Value (NAV) when held for a reasonably long period.

*Investors are advised to refer to the Section on 'Taxation on investing in Mutual Funds' in the 'Statement of Additional Information' and to consult their own tax advisors with respect to the specific amount of tax and other implications arising out of their participation in the Scheme.

Asset Allocation:


Type of Instruments
Normal Allocation (% of Net Assets)
Risk Profile
Equities & Equity related instruments 0-100 Very High
Debt securities & Money Market instruments
including Units of Debt oriented mutual fund schemes 		0-100 Low to Moderate

Note: Please refer to the Scheme Information Document (SID) of the scheme for detailed asset allocation.

The fund will predominantly invest in debt instruments and endeavour to maintain equity allocation between 35% and 65% (some of it will be hedged via approved derivative instruments as permitted by SEBI from time to time). This allocation outlined reflects the current strategic asset allocation implemented by the Fund Manager, based on prevailing market conditions and internal assessments. This allocation is subject to change in future at the fund manager’s discretion, in line with evolving market dynamics and will be in line with SEBI MF regulations



Scheme Facts

Entry Load: Not Applicable.

Exit Load:
  • In respect of each purchase / switch-in of Units, 10% of the units ("the limit") may be redeemed without any exit load from the date of allotment.
  • Any redemption or switch-out in excess of the limit shall be subject to the following exit load: - Exit load of 1.00% is payable if Units are redeemed / switched-out within 1 year from the date of allotment of units. - No Exit Load is payable if Units are redeemed / switched-out after 1 year from the date of allotment
  • Any exit load charged (net off GST, if any) shall be credited back to the Scheme.
Minimum Application/Additional Purchase Amount

Initial purchase: Rs. 5,000/- and any amount thereafter.
Additional purchase: Rs. 500/- and any amount thereafter.
Monthly SIP: Rs. 1,000/- and any amount thereafter.
Quarterly SIP: Rs. 3,000/- and any amount thereafter.
Expense Ratio: View / Download


Key Features of our Investment Strategy:



Fixed Income Investments

A relatively wide mandate permits us to include both, 'accrual' and 'duration' related instruments in our portfolio.

We will retain the flexibility to invest in the entire range of debt securities - Sovereign, State Government, PSU and corporate securities across all maturities - (including securitised debt) and money market instruments.

Investment in debt securities will be guided by credit quality, liquidity, interest rates and their outlook.

Equity Investments

Focus on choosing stocks possessing a 'margin-of-safety'.

Preference for stocks with strong cash flows (higher dividend payout/buybacks).

Avail of 'special situations' as well as arbitrage opportunities, whenever they arise.


This Scheme may suit you if:

  • Desiring debt allocation
  • Preferring to outsource the task of managing the complexities involved in debt investing.
  • Who refrain from actively trading in debt securities with the intention of profiting from interest-rate movements.

Investment Team Details:


Rajeev Thakkar

Rajeev Thakkar

Raunak Onkar

Raunak Onkar

Raj Mehta

Raj Mehta

Rukun Tarachandani

Rukun Tarachandani

Tejas Soman

Tejas Soman

Mansi Kariya

Mansi Kariya

More Details Scheme Information Document
[SID] Key Information Memorandum
[KIM]


Parag Parikh Dynamic Asset Allocation Fund

An open ended dynamic asset allocation fund.

This Product is suitable for investors who are seeking*

  • Capital Appreciation & Income generation over medium to long term.
  • Investment in equity and equity related instruments as well as debt and money market instruments while managing risk through active asset allocation


Riskometer

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.




© PPFAS Asset Management Private Limited. All rights reserved.
Sponsor: Parag Parikh Financial Advisory Services Limited. [CIN: U67190MH1992PLC068970], Trustee: PPFAS Trustee Company Private Limited. [CIN: U65100MH2011PTC221203], Investment Manager (AMC): PPFAS Asset Management Private Limited. [CIN: U65100MH2011PTC220623]