Parag Parikh Dynamic Asset Allocation Fund
The manager has shifted toward defensive positioning with debt now exceeding 55 percent, signaling caution in the near term. The heavy sovereign allocation of 46 percent coupled with controlled equity exposure reflects a preference for stability over growth, while selective realty exposure through REITs provides inflation-hedging diversification. The modest rotation—adding cement and housing finance while trimming speculative debt—suggests conviction in selective quality over broad-based equity participation in this uncertain environment.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Primary | ₹11.5841 | -0.13% | +2.70% | — | — |
Portfolio Metrics(latest month)
vs Category Peers
Highly DifferentiatedActive Share = ½Σ|wfund − wpeer|, computed using leave-one-out peer portfolio within SEBI category.
Similar Funds in Category
What Changed2026-03-31 → 2026-04-30
| Stock | Weight |
|---|---|
| Ambuja Cements Limited | 0.04% |
| 6.77% Maharashtra SDL (MD 25/02/2030) | 0.91% |
| 7.07% LIC Hsg Fin Tr 455 NCD (MD 29/04/2030) | 0.90% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Embassy Office Parks REIT INE041025011 | 5.09% |
| 2 | Brookfield India Real Estate Trust INE0FDU25010 | 5.08% |
| 3 | Parag Parikh Liquid Fund- Direct Plan- Growth INF879O01068 | 3.96% |
| 4 | 7.12% Tamilnadu SDL (MD 18/02/2032) IN3120250722 | 3.63% |
| 5 | Coal India Limited INE522F01014 | 3.20% |
| 6 | Reliance Industries Limited INE002A01018 | 3.07% |
| 7 | 7.72% Maharashtra SDL (MD 01/03/2031) IN2220220171 | 2.81% |
| 8 | Power Grid Corporation of India Limited INE752E01010 | 2.74% |
| 9 | HDFC Bank Limited INE040A01034 | 2.71% |
| 10 | ITC Limited INE154A01025 | 2.63% |
| 11 | 7.6% Karnataka SDL (MD 04/01/2033) IN1920220168 | 2.59% |
| 12 | Petronet LNG Limited INE347G01014 | 2.56% |
| 13 | 7.61% Gujarat SDL (MD 03/08/2032) IN1520220071 | 1.86% |
| 14 | 7.64% NABARD Sr 25B NCD (MD 06/12/2029) INE261F08EJ7 | 1.84% |
| 15 | 7.01% Gujarat SDL (MD 03/09/2031) IN1520250136 | 1.82% |
| 16 | 7.08% Uttar Pradesh SDL (MD 17/02/2031) IN3320200295 | 1.82% |
| 17 | 6.95% Tamilnadu SDL (MD 17/02/2031) IN3120200362 | 1.82% |
| 18 | Bharti Airtel Limited INE397D01024 | 1.74% |
| 19 | 7.55% Gujarat SDL (MD 28/12/2030) IN1520220170 | 1.49% |
| 20 | 7.39% Tamilnadu SDL (MD 12/06/2032) IN3120240111 | 1.47% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Parag Parikh Dynamic Asset Allocation Fund hold?
Parag Parikh Dynamic Asset Allocation Fund holds 110 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 20.96% of NAV.
What is the largest holding in Parag Parikh Dynamic Asset Allocation Fund?
The largest position in Parag Parikh Dynamic Asset Allocation Fund is Embassy Office Parks REIT, accounting for 5.09% of NAV in the Realty sector.
Is Parag Parikh Dynamic Asset Allocation Fund a concentrated or diversified fund?
With a Gini coefficient of 0.534, Parag Parikh Dynamic Asset Allocation Fund is moderately concentrated. The HHI concentration index is 20,181 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 20.96% of the portfolio.
What is the market cap allocation of Parag Parikh Dynamic Asset Allocation Fund?
Based on SEBI's AMFI classification, Parag Parikh Dynamic Asset Allocation Fund's equity portfolio is split as: Large Cap: 18.82%, Mid Cap: 4.00%, Small Cap: 3.90%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Parag Parikh Dynamic Asset Allocation Fund invest in most?
Parag Parikh Dynamic Asset Allocation Fund has the highest allocation to Sovereign (46.10%), Realty (10.41%), CRISIL AAA (6.94%). The fund is invested across 27 sectors in total.
How actively managed is Parag Parikh Dynamic Asset Allocation Fund compared to other Dynamic Asset Allocation Fund funds?
Parag Parikh Dynamic Asset Allocation Fund has an Active Share of 82.21%, classifying it as "Highly Differentiated" among 35 Dynamic Asset Allocation Fund peers. This means the fund takes significantly different stock positions compared to its category peers.
What changed in Parag Parikh Dynamic Asset Allocation Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Parag Parikh Dynamic Asset Allocation Fund added 3 new stocks (including Ambuja Cements Limited) and exited 2 stocks (including Sanghi Industries Limited). Total holding count increased from 111 to 113 stocks.