NFO Alert: PPFAS Mutual Fund Introduces Dynamic Asset Allocation Fund - Know more here!

NFO Alert: PPFAS Mutual Fund Introduces Dynamic Asset Allocation Fund - Know more here!

Prajwal Wakhare
/ Categories: Trending, Mutual Fund, MF NFO

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.

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