Parag Parikh Dynamic Asset Allocation Fund

Dynamic NFO Centre Fund - Tax Comparison

Type of scheme: An open ended 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 realized and the Scheme does not assure or guarantee any returns.

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:	Direct Plan: 0.30% p.a. + GST. Regular Plan: 0.60% p.a. + GST.

The key advantage of DAAF

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.

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