Two of the largest Multi Asset Allocation funds side by side: returns, risk, cost, size and what they hold. Prices as of 2 Nov 2026.
Past returns do not tell you future returns.
| SBI Multi Asset Allocation Fund SBI | DSP Multi Asset Allocation Fund DSP | |
|---|---|---|
| Returns | ||
| 1 year | +1.7% | +3.5% |
| 3 years, a year | +12.7% | +15.5% |
| 5 years, a year | +11.4% | — |
| Since launch, a year | +9.3% | +15.2% |
| 3-year rank in category | 7 of 15 | 3 of 15 |
| Benchmark, 3 years | +12.5% | — |
| Risk | ||
| Risk level | Very High | Very High |
| How bumpy, last year | 9.3% | 10.9% |
| Biggest fall, 3 years | -8.7% | -9.9% |
| Sharpe ratio, 3 years | 0.84 | 1.07 |
| Beta | — | — |
| Alpha, a year | — | — |
| Cost and size | ||
| Yearly cost (expense ratio) | 1.38% | 1.57% |
| Money in the fund | ₹20,828 cr | ₹10,902 cr |
| Running for | 21.0 years | 3.1 years |
| Minimum SIP | — | — |
| Benchmark | 45% BSE 500 TRI + 40% Crisil Composite Bond Fund Index + 10% Domestic Prices of Gold + 5% Domestic Prices of Silver. | 40% NIFTY500 TRI + 20% NIFTY Composite Debt Index + 15% Domestic Price of Physical Gold (LBMA) + 5% iCOMDEX Composite Index + 20% MSCI World Index |
Past returns do not indicate future returns. Each fund page has the full detail.
The five largest holdings of each, from the latest monthly portfolios
Overlap is the part of the two portfolios that is the same, by weight: 100% would be identical.
What they share, by industry and sector
| Holding | SBI | DSP |
|---|---|---|
| HDFC Bank Ltd. | 1.8% | 3.5% |
| ICICI Bank Ltd. | 1.5% | 2.8% |
| Embassy Office Parks Reit | 2.0% | 1.4% |
| Axis Bank Ltd. | 1.1% | 3.0% |
| Samvardhana Motherson International Ltd. | 1.3% | 1.0% |
| Reliance Industries Ltd. | 1.0% | 1.5% |
| Knowledge Realty Trust | 1.0% | 0.9% |
| Bharti Telecom Ltd. | 0.7% | 0.7% |
| Brookfield India Real Estate Trust | 2.4% | 0.7% |
| Oil India Ltd. | 0.5% | 0.7% |
Both are Multi Asset Allocation funds, from SBI and DSP. SBI Multi Asset Allocation Fund manages ₹20,828 cr and DSP Multi Asset Allocation Fund ₹10,902 cr. The table on this page sets out their returns, risk, costs and holdings side by side.
SBI Multi Asset Allocation Fund, at 1.38% a year, against 1.57% for DSP Multi Asset Allocation Fund.
Over three years, SBI Multi Asset Allocation Fund returned +12.7% a year and DSP Multi Asset Allocation Fund +15.5% a year. Over one year they returned +1.7% and +3.5%. Past returns do not indicate future returns.
They hold 13.5% of the same investments, 28.1% of the same industries and 32.8% of the same sectors, by weight, in their latest monthly portfolios.
To set a third or fourth fund alongside, open these two in Compare and add more.