{"id":256773,"date":"2026-09-18T13:02:20","date_gmt":"2026-09-18T07:32:20","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/parag-parikh-dynamic-asset-allocation-fund-direct-growth-review-2026\/"},"modified":"2026-09-18T13:02:20","modified_gmt":"2026-09-18T07:32:20","slug":"parag-parikh-dynamic-asset-allocation-fund-direct-growth-review-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/parag-parikh-dynamic-asset-allocation-fund-direct-growth-review-2026\/","title":{"rendered":"Parag Parikh Dynamic Asset Allocation Fund Direct Growth Review 2026: NAV, Returns, Portfolio &#038; Should You Invest?"},"content":{"rendered":"<p><a href=\"https:\/\/univest.in\/mutual-funds\/parag-parikh-dynamic-asset-allocation-fund-g-direct-plan\">Parag Parikh Dynamic Asset Allocation Fund Direct Growth Plan<\/a> has a NAV of \u20b911.821 as of 17 Sep 2026 and an AUM of \u20b92,574 Cr. Its 1-year, 3-year and 5-year returns are 3.3%, 0% and 0%, and the fund sits in the Medium Risk category. Our view is that this is better suited to investors who can accept a moderate-risk hybrid allocation and are comfortable with a performance profile that has been steadier over the short term than over longer periods.<\/p>\n<p>The fund\u2019s current return pattern is modest versus a weak benchmark stretch, while its portfolio mix across cash, REITs, government securities and credit exposure suggests a structure designed to balance stability and participation. That makes it more relevant for investors looking for a measured hybrid exposure than for those expecting strong long-horizon compounding from recent numbers alone.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/parag-parikh-dynamic-asset-allocation-fund-direct-growth-review-2026\/#Quick_facts\" title=\"Quick facts\">Quick facts<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/parag-parikh-dynamic-asset-allocation-fund-direct-growth-review-2026\/#Performance\" title=\"Performance\">Performance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/parag-parikh-dynamic-asset-allocation-fund-direct-growth-review-2026\/#Should_you_BUY_or_HOLD_Parag_Parikh_Dynamic_Asset_Allocation\" title=\"Should you BUY or HOLD Parag Parikh Dynamic Asset Allocation?\">Should you BUY or HOLD Parag Parikh Dynamic Asset Allocation?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/parag-parikh-dynamic-asset-allocation-fund-direct-growth-review-2026\/#Peer_comparison\" title=\"Peer comparison\">Peer comparison<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/parag-parikh-dynamic-asset-allocation-fund-direct-growth-review-2026\/#Portfolio_where_your_money_goes\" title=\"Portfolio: where your money goes\">Portfolio: where your money goes<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/parag-parikh-dynamic-asset-allocation-fund-direct-growth-review-2026\/#Who_should_invest\" title=\"Who should invest\">Who should invest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/parag-parikh-dynamic-asset-allocation-fund-direct-growth-review-2026\/#Tax_and_exit_load\" title=\"Tax and exit load\">Tax and exit load<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/parag-parikh-dynamic-asset-allocation-fund-direct-growth-review-2026\/#Frequently_asked_questions\" title=\"Frequently asked questions\">Frequently asked questions<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/parag-parikh-dynamic-asset-allocation-fund-direct-growth-review-2026\/#Bottom_line\" title=\"Bottom line\">Bottom line<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/parag-parikh-dynamic-asset-allocation-fund-direct-growth-review-2026\/#Explore_mutual_funds_with_Univest\" title=\"Explore mutual funds with Univest\">Explore mutual funds with Univest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/parag-parikh-dynamic-asset-allocation-fund-direct-growth-review-2026\/#RIA_disclosure\" title=\"RIA disclosure\">RIA disclosure<\/a><\/li><\/ul><\/nav><\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Quick_facts\"><\/span>Quick facts<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Particular<\/th>\n<th>Details<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>NAV<\/td>\n<td>\u20b911.821 as of 17 Sep 2026<\/td>\n<\/tr>\n<tr>\n<td>AUM<\/td>\n<td>\u20b92,574 Cr<\/td>\n<\/tr>\n<tr>\n<td>Expense Ratio<\/td>\n<td>0.33%<\/td>\n<\/tr>\n<tr>\n<td>Launch Date<\/td>\n<td>27 Feb 2024<\/td>\n<\/tr>\n<tr>\n<td>Min SIP<\/td>\n<td>\u20b91,000<\/td>\n<\/tr>\n<tr>\n<td>Risk Category<\/td>\n<td>Medium Risk<\/td>\n<\/tr>\n<tr>\n<td>Benchmark<\/td>\n<td>Nifty 50<\/td>\n<\/tr>\n<tr>\n<td>Fund Category<\/td>\n<td>Hybrid<\/td>\n<\/tr>\n<tr>\n<td>Exit Load<\/td>\n<td>Nil upto 10% of units and 1% for remaining units on or before 1Y, Nil after 1Y<\/td>\n<\/tr>\n<tr>\n<td>Fund Managers<\/td>\n<td>Rajeev Thakkar, Raunak Onkar, Rukun Tarachandani, Raj Mehta<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The fund is managed by Rajeev Thakkar, Raunak Onkar, Rukun Tarachandani and Raj Mehta.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 17 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Performance\"><\/span>Performance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Period<\/th>\n<th>Fund return<\/th>\n<th>Benchmark return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>1M<\/td>\n<td>-0.32%<\/td>\n<td>-3.66%<\/td>\n<\/tr>\n<tr>\n<td>3M<\/td>\n<td>0.24%<\/td>\n<td>-3.71%<\/td>\n<\/tr>\n<tr>\n<td>1Y<\/td>\n<td>3.3%<\/td>\n<td>-7.13%<\/td>\n<\/tr>\n<tr>\n<td>3Y<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td>5Y<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The recent pattern is better than the benchmark in every available period, especially over 3 months and 1 year. The fund is slightly negative over 1 month, but that is still much less weak than the benchmark\u2019s drop, which points to comparatively better downside control in the near term.<\/p>\n<p>The 1-year path is the more important signal here because the fund has been available only since February 2024, so there is no true 3-year or 5-year fund history to judge. Over that 1-year window, the return profile has been positive but not strong, and the daily movement pattern suggests a relatively contained swing rather than a sharp trend.<\/p>\n<p>For investors, that means the fund has recently done a better job of holding up than the benchmark, but the absolute return level is still modest. We would read that as a sign of resilience rather than a sign of high-growth momentum.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 17 Sep 2026<\/small><\/p>\n<section class=\"univest-mf-premium-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;border:1px solid #d8e3f0;background:#f7faff\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Should_you_BUY_or_HOLD_Parag_Parikh_Dynamic_Asset_Allocation\"><\/span>Should you BUY or HOLD Parag Parikh Dynamic Asset Allocation?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A fund&#8217;s past returns alone don&#8217;t tell you whether you should buy it today or continue holding it.<\/p>\n<p>The right decision depends on factors such as your current allocation, purchase price, risk profile, investment horizon and the role this fund plays in your overall portfolio.<\/p>\n<p><strong>Already holding Parag Parikh Dynamic Asset Allocation? Thinking of investing now?<\/strong><\/p>\n<p><a href=\"https:\/\/univest.in\/mutual-funds\" style=\"font-weight:700;text-decoration:none\">Get your portfolio analysed for FREE by SEBI-registered Investment Adviser (RIA) through Univest MF Premium<\/a><\/p>\n<\/section>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Peer_comparison\"><\/span>Peer comparison<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Fund<\/th>\n<th>1Y return<\/th>\n<th>3Y return<\/th>\n<th>5Y return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/parag-parikh-dynamic-asset-allocation-fund-g-direct-plan\">Parag Parikh Dynamic Asset Allocation Fund Direct Growth Plan<\/a><\/td>\n<td>3.3%<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/unifi-dynamic-asset-allocation-fund-g-direct-plan\">Unifi Dynamic Asset Allocation Fund Direct Growth Plan<\/a><\/td>\n<td>8.6%<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/aditya-birla-sl-balanced-advantage-fund-g-direct-plan\">Aditya Birla SL Balanced Advantage Fund Direct Growth Plan<\/a><\/td>\n<td>5.17%<\/td>\n<td>10.96%<\/td>\n<td>9.97%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/baroda-bnp-paribas-balanced-advantage-fund-g-direct-plan\">Baroda BNP Paribas Balanced Advantage Fund Direct Growth Plan<\/a><\/td>\n<td>4.23%<\/td>\n<td>11.11%<\/td>\n<td>10.62%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/360-one-balanced-hybrid-fund-g-direct-plan\">360 ONE Balanced Hybrid Fund Direct Growth Plan<\/a><\/td>\n<td>3.64%<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/bank-of-india-balanced-advantage-fund-g-direct-plan\">Bank of India Balanced Advantage Fund Direct Growth Plan<\/a><\/td>\n<td>3.62%<\/td>\n<td>8.24%<\/td>\n<td>10.21%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639.<\/p>\n<p>On 1-year return, the fund sits below Unifi Dynamic Asset Allocation Fund Direct Growth Plan, Aditya Birla SL Balanced Advantage Fund Direct Growth Plan, Baroda BNP Paribas Balanced Advantage Fund Direct Growth Plan, 360 ONE Balanced Hybrid Fund Direct Growth Plan and Bank of India Balanced Advantage Fund Direct Growth Plan. That tells us the fund has not matched the stronger short-term numbers seen elsewhere in the group.<\/p>\n<p>The longer-horizon picture is mixed because the fund does not yet have its own 3-year or 5-year return record. Among peers with those figures, Aditya Birla SL Balanced Advantage Fund Direct Growth Plan, Baroda BNP Paribas Balanced Advantage Fund Direct Growth Plan and Bank of India Balanced Advantage Fund Direct Growth Plan all show meaningfully higher medium- and longer-term returns, so the comparison currently favours those established funds on available history.<\/p>\n<p>At the same time, the fund\u2019s short history means its lower absolute return should be read with caution. The available numbers suggest a steadier near-term profile, but the peer set with longer records has already shown stronger compounding over time.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 17 Sep 2026<\/small><\/p>\n<div class=\"univest-peer-login-cta\" style=\"margin:20px 0;padding:16px 18px;border:1px solid #d8e3f0;border-radius:8px;background:#f7faff\">\n<p style=\"margin:0\"><strong>Want to know more?<\/strong> <a href=\"https:\/\/univest.in\/user\/log-in\" style=\"font-weight:700;text-decoration:none\">Log in to Univest<\/a> for more mutual fund insights.<\/p>\n<\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Portfolio_where_your_money_goes\"><\/span>Portfolio: where your money goes<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Holding<\/th>\n<th>Sector<\/th>\n<th>Weight<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>TRP_010926<\/td>\n<td>Cash &amp; Cash Equivalents and Net Assets<\/td>\n<td>5.69%<\/td>\n<\/tr>\n<tr>\n<td>Brookfield India Real Estate Trust<\/td>\n<td>Finance<\/td>\n<td>5.6%<\/td>\n<\/tr>\n<tr>\n<td>Embassy Office Parks Reit<\/td>\n<td>Finance<\/td>\n<td>5.53%<\/td>\n<\/tr>\n<tr>\n<td>7.21% Tamilnadu SDL (MD 21\/01\/2032)<\/td>\n<td>Government Securities<\/td>\n<td>3.86%<\/td>\n<\/tr>\n<tr>\n<td>7.12% Tamilnadu SDL (MD 18\/02\/2032)<\/td>\n<td>Government Securities<\/td>\n<td>3.85%<\/td>\n<\/tr>\n<tr>\n<td>7.72% Maharashtra SDL (MD 01\/03\/2031)<\/td>\n<td>Government Securities<\/td>\n<td>2.97%<\/td>\n<\/tr>\n<tr>\n<td>Petronet LNG Limited<\/td>\n<td>Inds. Gases &amp; Fuels<\/td>\n<td>2.92%<\/td>\n<\/tr>\n<tr>\n<td>7.49% Embassy Off Park Re NCD SR Xvii (22\/06\/2029)<\/td>\n<td>Corporate Debt<\/td>\n<td>2.89%<\/td>\n<\/tr>\n<tr>\n<td>Coal India Limited<\/td>\n<td>Mining<\/td>\n<td>2.81%<\/td>\n<\/tr>\n<tr>\n<td>7.6% Karnataka SDL (MD 04\/01\/2033)<\/td>\n<td>Government Securities<\/td>\n<td>2.75%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The largest disclosed holding is 5.69%, which is a relatively modest single-position weight. That matters because no one holding dominates the top of the portfolio, and the drop from the first holding to the tenth is gradual rather than abrupt.<\/p>\n<p>The top 10 holdings together account for approximately 38.87% of the portfolio, and the full portfolio has 50 disclosed holdings. That combination suggests a reasonably broad spread, with a meaningful tail beyond the largest positions rather than a highly concentrated book.<\/p>\n<p>In practical terms, the mix may give the fund more room to balance income-like exposures, listed real estate, sovereign-linked debt and operating-company holdings. The blend could also mean that one security is less likely to drive outcomes on its own, although the finance bucket is visibly important within the disclosed top holdings.<\/p>\n<p>To see all holdings, visit the <a href=\"https:\/\/univest.in\/mutual-funds\/parag-parikh-dynamic-asset-allocation-fund-g-direct-plan\">Parag Parikh Dynamic Asset Allocation Fund Direct Growth Plan<\/a> page<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 17 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Who_should_invest\"><\/span>Who should invest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This fund suits investors who are comfortable with Medium Risk exposure and who can stay invested long enough for a hybrid strategy to play out. The return profile is more convincing over the short recent window than over any long-established history, so patience matters more than chasing quick upside.<\/p>\n<p>Its main appeal is the combination of a relatively muted 1-year result versus the benchmark and a portfolio that mixes cash, REITs, government securities and other credit exposures. The trade-off is that investors may accept steadier movement and modest recent returns in exchange for a diversified hybrid structure rather than a sharper equity-led growth profile.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Tax_and_exit_load\"><\/span>Tax and exit load<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Holding period<\/th>\n<th>Tax rate<\/th>\n<th>Description<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Units held less than 1 year<\/td>\n<td>20%<\/td>\n<td>Short-term capital gains tax<\/td>\n<\/tr>\n<tr>\n<td>Units held more than 1 year<\/td>\n<td>12.5%<\/td>\n<td>Long-term capital gains tax<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>Exit load:<\/strong> Nil upto 10% of units and 1% for remaining units on or before 1Y, Nil after 1Y.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 17 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Frequently_asked_questions\"><\/span>Frequently asked questions<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>What is the current NAV of Parag Parikh Dynamic Asset Allocation Fund Direct Growth Plan?<\/strong><br \/>Its current NAV is \u20b911.821 as of 17 Sep 2026.<\/p>\n<p><strong>What are the fund\u2019s 1-year, 3-year and 5-year returns?<\/strong><br \/>Its 1-year return is 3.3%, while the 3-year and 5-year returns are Data not available.<\/p>\n<p><strong>How has the fund done against the benchmark?<\/strong><br \/>It has outperformed the benchmark in the available periods: 1 month, 3 months and 1 year. The benchmark return was negative in all three of those windows, while the fund was slightly negative only over 1 month.<\/p>\n<p><strong>How does it compare with peer funds on available return data?<\/strong><br \/>Its 1-year return is below the stronger peer figures in this set, while several established peers also show higher 3-year and 5-year returns. The comparison is less favourable on return history, especially where longer records are available.<\/p>\n<p><strong>Is there a minimum SIP amount?<\/strong><br \/>Yes, the minimum SIP amount is \u20b91,000.<\/p>\n<p><strong>What are the risk profile, major holdings and exit load?<\/strong><br \/>The fund is in the Medium Risk category. Its top disclosed holdings include cash and cash equivalents, REITs, government securities and corporate debt, and the exit load is nil up to 10% of units and 1% for remaining units on or before 1 year, with nil exit load after 1 year.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Bottom_line\"><\/span>Bottom line<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This fund\u2019s recent return pattern is steadier than the benchmark, but the absolute return level remains modest and the fund does not yet have a long return record. On the peer side, several established funds show stronger 1-year, 3-year and 5-year numbers where those histories exist. The portfolio is broadly spread across 50 disclosed holdings, with no single position dominating, which supports a balanced hybrid profile for investors who can accept Medium Risk and prefer diversification over aggressive upside.<\/p>\n<p class=\"univest-posted-at\" style=\"font-size:14px;color:#666;margin:20px 0 8px\">Published on 18 September 2026 at 1:01 PM IST<\/p>\n<section class=\"univest-login-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;background:#eef5ff;border:1px solid #cddff7;text-align:center\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Explore_mutual_funds_with_Univest\"><\/span>Explore mutual funds with Univest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Review mutual fund data, compare performance and explore fund insights on Univest.<\/p>\n<p><a href=\"https:\/\/univest.in\/user\/log-in\" style=\"display:inline-block;padding:11px 20px;border-radius:6px;background:#1f4e79;color:#fff !important;text-decoration:none;font-weight:700\">Explore Univest<\/a><\/p>\n<\/section>\n<section class=\"univest-disclaimer\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"RIA_disclosure\"><\/span>RIA disclosure<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Mutual fund investments are subject to market risks. Read all scheme-related documents carefully before investing. This review is prepared by Uniapps Investment Adviser Pvt. Ltd. (earlier known as Uniapps Global Research Pvt. Ltd.) under SEBI Registered Investment Adviser registration INA000017639 for general informational purposes and is not personalized investment advice.<\/p>\n<\/section>\n<p><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"InvestmentFund\",\"name\":\"Parag Parikh Dynamic Asset Allocation Fund Direct Growth Plan\",\"identifier\":\"parag-parikh-dynamic-asset-allocation-fund-g-direct-plan\",\"category\":\"Hybrid\",\"dateCreated\":\"27 Feb 2024\",\"isAccessibleForFree\":true,\"additionalProperty\":[{\"@type\":\"PropertyValue\",\"name\":\"NAV\",\"value\":11.821,\"valueReference\":\"as of 17 Sep 2026\"},{\"@type\":\"PropertyValue\",\"name\":\"AUM\",\"value\":\"2574 Cr\"},{\"@type\":\"PropertyValue\",\"name\":\"Expense Ratio\",\"value\":\"0.33\"},{\"@type\":\"PropertyValue\",\"name\":\"Benchmark\",\"value\":\"Nifty 50\"},{\"@type\":\"PropertyValue\",\"name\":\"1Y Return\",\"value\":3.3},{\"@type\":\"PropertyValue\",\"name\":\"3Y Return\",\"value\":0},{\"@type\":\"PropertyValue\",\"name\":\"5Y Return\",\"value\":0},{\"@type\":\"PropertyValue\",\"name\":\"Fund Managers\",\"value\":\"Rajeev Thakkar, Raunak Onkar, Rukun Tarachandani, Raj Mehta\"}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the current NAV of Parag Parikh Dynamic Asset Allocation Fund Direct Growth Plan?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Its current NAV is \u20b911.821 as of 17 Sep 2026.\"}},{\"@type\":\"Question\",\"name\":\"What are the fund\u2019s 1-year, 3-year and 5-year returns?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Its 1-year return is 3.3%, while the 3-year and 5-year returns are Data not available.\"}},{\"@type\":\"Question\",\"name\":\"How has the fund done against the benchmark?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"It has outperformed the benchmark in the available periods: 1 month, 3 months and 1 year. The benchmark return was negative in all three of those windows, while the fund was slightly negative only over 1 month.\"}},{\"@type\":\"Question\",\"name\":\"How does it compare with peer funds on available return data?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Its 1-year return is below the stronger peer figures in this set, while several established peers also show higher 3-year and 5-year returns. The comparison is less favourable on return history, especially where longer records are available.\"}},{\"@type\":\"Question\",\"name\":\"Is there a minimum SIP amount?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Yes, the minimum SIP amount is \u20b91,000.\"}},{\"@type\":\"Question\",\"name\":\"What are the risk profile, major holdings and exit load?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund is in the Medium Risk category. Its top disclosed holdings include cash and cash equivalents, REITs, government securities and corporate debt, and the exit load is nil up to 10% of units and 1% for remaining units on or before 1 year, with nil exit load after 1 year.\"}}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"Organization\",\"name\":\"Uniapps Investment Adviser Pvt. Ltd.\",\"description\":\"SEBI Registered Investment Adviser INA000017639\"}<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Parag Parikh Dynamic Asset Allocation Fund Direct Growth Plan NAV is \u20b911.821 as of 17 Sep 2026. Read our review on returns, portfolio mix, risk and peer comparison.<\/p>\n","protected":false},"author":38,"featured_media":256771,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3841],"tags":[],"class_list":["post-256773","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mutual-funds"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["256771"],"rank_math_title":["Parag Parikh Dynamic Asset Allocation Fund NAV &amp; Review"],"rank_math_description":["Parag Parikh Dynamic Asset Allocation Fund Direct Growth Plan NAV is \u20b911.821; 1Y return is 3.3%. 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