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This fund has very high risk Benchmark(s) : Nifty 50 Hybrid Composite Debt 50:50 Index Benchmark(s) : Nifty 50 Hybrid Composite Debt 50:50 Index
2,840.66 Cr AUM 
As of 31/10/2025 
46,500 Existing Investors As of 06/09/2022 Existing Investors As of06/09/2022
46,500 As of06/09/2022
As of06/09/2022 46,500 As of06/09/2022 Fund Size As of 31/10/2025
2,840.66 Cr As of 31/10/2025
As of 31/10/2025 2,840.66 Cr As of 31/10/2025 - Expense Ratio[#] As of 31/10/2025 1.93%
- NAV As of 14/11/2025 14.6381
- An open ended dynamic asset allocation based hybrid fund which invests across equity and debt.
- It is suitable for investors seeking long term capital appreciation with relatively lower volatility than equity funds.
How does the fund work?
- The fund endeavours to adopt a flexi-cap approach for equity allocation. In case of debt allocation, it will endeavour to invest in high quality instruments with over 80% of the portfolio in AAA rated papers.
- The fund uses an in-house proprietary asset allocation model with a healthy mix of qualitative (fundamentals) and quantitative (valuation) parameters.
- Quantitative parameters would be based on Price to Earnings (P/E) and Price to Book Value (P/BV) of the Nifty 500 Index. The quantitative parameter-based equity allocation will be overlayed with a qualitative assessment of various factors such as macroeconomic trends, policy backdrop, aggregate corporate fundamentals, market liquidity models etc.
- Gross equity exposure in the fund will be maintained between 65% and 100% to enable equity taxation benefits. If the equity allocation, as per the model falls below 65%, the gross equity exposure will be maintained at 65% using equity derivatives.
Fund Video - The fund is an open-ended dynamic asset allocation fund.
- It intends to generate long-term capital appreciation by investing in a dynamically managed portfolio of equity and equity related instruments and income generation via fixed income and money market instruments.
- It endeavours to adopt a flexi-cap approach for equity allocation and in case of debt allocation, the scheme will endeavor to invest in high quality instruments with over 80% of fixed income portfolio in AAA rated papers.
- It uses an in-house proprietary asset allocation model with a healthy mix of qualitative (fundamentals) and quantitative (valuation) parameters.
- The quantitative parameter would be based on the month-end weighted average Price to Earnings (P/E) ratio and Price to Book Value (P/BV) ratio of the Nifty 500 Index. The quantitative parameter-based equity allocation will be overlayed with a qualitative assessment of various factors such as macroeconomic trends, policy backdrop, aggregate corporate fundamentals, market liquidity models etc.
- The gross equity exposure in the fund will be endeavoured to be maintained between 65% and 100% to enable equity taxation benefits. At any point, if the equity allocation, as per the model falls below 65%, the gross equity exposure will be endeavoured to be maintained using equity derivatives. Debt instruments will make up for the rest of the portfolio.
- The fund is suitable for those who are not only keen to take advantage of the growth opportunities in equities, but also prefer to reduce the impact of market volatility.
The recommended investment horizon is “1 year or more”
Alternative To
Multi Asset Investments
Suitable For
Retirement Corpus
Long Term Wealth Creation
Education Corpus
Portfolio Current Allocations As of 31/10/2025
Portfolio Composition
Equity (66.76%) Corporate Debt (17.60%) Gilts (7.14%) PSU/PFI Bonds (4.19%) Call, Cash and Other Current Asset (4.31%)
View Portfolio NAVs & Other Details
Fund Managers
Rajasa Kakulavarapu
Managing this fund since 06/09/2022
View all funds managed by him/her View all funds managed by him/her 
Venkatesh Sanjeevi
Managing this fund since 04/10/2024
View all funds managed by him/her View all funds managed by him/her 
Chandni Gupta
Managing this fund since 01/03/2024
View all funds managed by him/her View all funds managed by him/her 
Scheme Details
| Inception | 06/09/2022 |
| Benchmark(s) | Nifty 50 Hybrid Composite Debt 50:50 Index |
| Entry Load | Nil |
| Exit Load |
|
| AUM (Month end) | 2840.66 crores |
| Minimum Investment/Multiples for Fresh Purchase (₹) | 5000/1 |
| Additional Investment/Multiples thereof (₹) | 1000/1 |
Financial Ratio
| Standard Deviation | 6.80 6.69 6.39 6.35 % |
| Sharpe Ratio** | -0.02 1.19 1.00 1.08 |
| Risk-free Rate | 6.50% |
Managed funds by
Fund Documents
As on October 31, 2025 (Uploaded on November 07, 2025) Product Label and Riskometer as on October 31, 2025
This product is suitable for Investors who are seeking*:
- Medium to Long term Income generation and Capital appreciation
- A fund that invests in dynamically managed portfolio of equity & equity related securities, fixed income and money market instruments
The risk of the scheme is Very High Risk.
*Investors should consult their financial distributors if in doubt about whether the product is suitable for them.
The risk of the benchmark is High risk
Riskometer of Benchmark:NIFTY 50 Hybrid Composite Debt 50:50 Index
Disclaimers
IDCW - Income Distribution cum Capital Withdrawal
**The information given here is neither a complete disclosure of every material fact of Income-tax Act 1961 nor does it constitute tax or legal advice. Investors are requested to review the scheme documents carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
Past performance may or may not be sustained in the future.
SIP returns are assuming investment made on first business day of every month and not disclosed for closed-end funds. Returns greater than 1 year period are compounded annualized. For liquid funds, the less than 1 year returns are simple annualized. Load has not been taken into consideration. Performance of dividend plan / option would be at the gross rates. Dividends are assumed to be reinvested and Bonus is adjusted. For equity oriented funds, additional benchmark chosen is Nifty 50. Given the asset allocation, hybrid fund performance are not comparable with pure equity/debt fund performance and that of Additional Benchmarks.
The income distribution cum capital withdrawal (IDCW) payout post 1st April 2020 shall be subject to tax deducted at source i.e. TDS, as applicable.
Asset Allocation:To view the latest asset allocation for the fund, please click here.
*This condition is applicable on a yearly basis. In case of multiple transactions, Units will be redeemed on First In First Out (FIFO) basis the date of allotment of such units. If the limit is not availed during a year, it shall not be clubbed or carried forward to the next year
