HYBRID
Unifi Dynamic Asset Allocation Fund
An open-ended dynamic asset allocation fund
HYBRID
Unifi Dynamic Asset Allocation Fund
An open-ended dynamic asset allocation fund
An open-ended hybrid mutual fund scheme that invests in a dynamically managed portfolio of debt and equity with an intent to generate income and capital appreciation over the medium to long term.
- Direct
- Regular
0.026%
- Fund Facts
- Documents
- Fund Managers
Fund Facts
To generate income and/or capital appreciation by investing in a dynamically managed portfolio of fixed income instruments, equity & equity derivatives and other permissible equity/hybrid instruments.*
*However, there is no assurance that the investment objective of the scheme will be achieved. The scheme does not guarantee or assure any returns.- This product is suitable for investors who are seeking*
- Income generation and Capital appreciation over medium to long term.
- Investment in diversified portfolio of debt, money market, equity and equity related instruments while managing risk through active asset allocation.
- Investors understand that their principal will be at Moderate Risk.
- Benchmark Risk-o-meter is high.
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
The product labeling assigned during the NFO is based on internal assessment of the Scheme characteristics or model portfolio and the same may vary post NFO when the actual investments are made.
- Scheme Code UNFI/O/H/DAA/25/01/0001
Minimum Investment
- Fresh Purchase (Lumpsum) Rs. 5000
- Additional Purchase Rs. 1000
- Systematic Investment Plan (SIP) Rs. 500
- Entry Load Nil
- Exit Load (In case of units are redeemed/switched out)
- Within 12 months from the date of allotment
- Upto 20% of units Nil
- In excess of 20% of units 1.5% of applicable NAV
- Post 12 months Nil
To generate income and/or capital appreciation by investing in a dynamically managed portfolio of fixed income instruments, equity & equity derivatives and other permissible equity/hybrid instruments.*
*However, there is no assurance that the investment objective of the scheme will be achieved. The scheme does not guarantee or assure any returns.- This product is suitable for investors who are seeking*
- Income generation and Capital appreciation over medium to long term.
- Investment in diversified portfolio of debt, money market, equity and equity related instruments while managing risk through active asset allocation.
- Investors understand that their principal will be at Moderate Risk.
- Benchmark Risk-o-meter is high.
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
The product labeling assigned during the NFO is based on internal assessment of the Scheme characteristics or model portfolio and the same may vary post NFO when the actual investments are made.
- Scheme Code UNFI/O/H/DAA/25/01/0001
Minimum Investment
- Fresh Purchase (Lumpsum) Rs. 5000
- Additional Purchase Rs. 1000
- Systematic Investment Plan (SIP) Rs. 500
- Entry Load Nil
- Exit Load (In case of units are redeemed/switched out)
- Within 12 months from the date of allotment
- Upto 20% of units Nil
- In excess of 20% of units 1.5% of applicable NAV
- Post 12 months Nil
Documents
Fund Managers
V N Saravanan
A Chartered Accountant with 20+ years of experience in fund management, capital market research, banking and audit. Saravanan has been associated with Unifi group since 2006. He was the Fund Manager for an open-ended CAT-III multi asset class AIF for 11 years between FY14 to FY24. Earlier in the equity research division, he was tracking Pharmaceuticals, Specialty Chemicals and Financial Services sector. Prior to Unifi, he worked in ICICI bank’s treasury & corporate mid-office group and PwC’s due diligence & assurance division.
Aejas Lakhani
12+ years of experience in fund management, equity research and governance advisory. He has done his MBA (Finance) from the Asian Institute of Management (Manila). Over the last 4 years, Aejas has been managing the consumption themed equity fund at Unifi group. He was also tracking sectors such as Pharmaceuticals, Logistics, Retail and Capital Markets. Earlier he has worked as an Analyst in the Institutional Investor Advisory Services Firm and Edelweiss Asset Management Limited.
Karthik Srinivas
A Chartered Accountant with 10+ years of experience in across functions like fund management, research, risk management & audit. Over the last 4 years, Karthik has been co-managing debt strategies at Unifi group in its PMS division. He was responsible for identifying high-yield fixed income and hybrid opportunities, evaluation and monitoring. Earlier, he was part of The Sanmar Group, working in their Founders’ Office and with Deloitte in their Risk Advisory practice.
How does this fund generate yield?
G-sec & T- bills
G-sec & T- bills
- Safest form of a debt instrument, backed by Central Government
- Tactical allocation to increase or decrease portfolio duration based on economic cycle
- Highly liquid
PSU & PFI bonds
AAA rated bonds
AA rated bonds
PSU & PFI debt / CPs / CDs Corporate AAA & AA rated debt / CPs
- Returns with good liquidity
- Tactical Duration play based on economic cycle
- Diversified across sectors
- Bottom-up evaluation by our in-house team, unbiased by ratings.
AA, A & BBB rated bonds
AA, A & BBB rated bonds
- Hold-to-maturity approach with an intent to benefit from higher yields
- Tactical allocation to take advantage of potential rating upgrades and company specificpositive developments
- Each investment is made after detailed due diligence on business fundamentals and corporate governance
- Rigorous post-investment monitoring & covenants compliance
Below BBB rated bonds
Open derivatives
Sector & Thematic equity
Small-cap equity
Large & Mid-cap equity
Large & Mid-cap equity
- Opportunistic & highly-selective trades backed by our access to deep equity research.
- Capitalize on temporary price dislocations (e.g. regulatory, political, or force majeure events) that typically mean-revert.
Buy-back, open offers,
IPOs & delistings
Buy-back, open offers,
IPOs & delistings
These corporate events inherently have low correlation to economic cycles and market volatility.
Evaluation criteria:
- Liquidity Analysis
- Promoter & Management assessment
- Corporate Governance record
- Proprietary model to estimate acceptance ratios
- Sensitivity Analysis
Cash-futures arbitrage
Cash-futures arbitrage
- Uncorrelated to market cycles
- Minimizes return volatility and protects downside risk
- Enhances liquidity of the portfolio with capital preservation
Dynamic Debt
This fund would dynamically invest among various debt segments depending on its growth-inflation outlook
Controlled Equity
The equity risk is controlled by hedging and focussing on segments with lower volatility
Low risk
High risk
Low risk
G-sec & T- bills
PSU & PFI bonds
AAA rated bonds
AA rated bonds
AA, A & BBB rated bonds
Below BBB rated bonds
Dynamic Debt
Low risk
High risk
Open derivatives
Sector & Thematic equity
Small-cap equity
Large & Mid-cap equity
open offers, IPOs & delistings
Cash-futures arbitrage
Controlled Equity
High risk
Low risk
G-sec & T- bills
- Safest form of a debt instrument, backed by Central Government
- Tactical allocation to increase or decrease portfolio duration based on economic cycle
- Highly liquid
PSU & PFI debt / CPs / CDs Corporate AAA & AA rated debt / CPs
- Returns with good liquidity
- Tactical Duration play based on economic cycle
- Diversified across sectors
- Bottom-up evaluation by our in-house team, unbiased by ratings.
AA, A & BBB rated bonds
- Hold-to-maturity approach with an intent to benefit from higher yields
- Tactical allocation to take advantage of potential rating upgrades and company specificpositive developments
- Each investment is made after detailed due diligence on business fundamentals and corporate governance
- Rigorous post-investment monitoring & covenants compliance
Large & Mid-cap equity
- Opportunistic & highly-selective trades backed by our access to deep equity research.
- Capitalize on temporary price dislocations (e.g. regulatory, political, or force majeure events) that typically mean-revert.
open offers, IPOs & delistings
These corporate events inherently have low correlation to economic cycles and market volatility.
Evaluation criteria:
- Liquidity Analysis
- Promoter & Management assessment
- Corporate Governance record
- Proprietary model to estimate acceptance ratios
- Sensitivity Analysis
Cash-futures arbitrage
- Uncorrelated to market cycles
- Minimizes return volatility and protects downside risk
- Enhances liquidity of the portfolio with capital preservation
Refer to SID & SAI for further details
Asset Allocation of the Scheme: Equity (0%-100%); Debt (0%-100%).
How does this fund navigate the economic cycle?
-
Rising Growth,
Falling InflationPriority segments:
- Short & medium-term G-Sec & AAA
- Short-term corporate bonds
- Large-cap equity
- Special situation equity
- Cash-futures arbitrage
- Medium risk
- Low risk
-
Rising Growth,
Rising InflationPriority segments:
- Short- & medium corporate bonds
- Medium-term AAA & G-Sec
- Diversified equity
- Special situation equity
- Cash-futures arbitrage
- Medium risk
- Low risk
-
Falling Growth,
Falling InflationPriority segments:
- Special situation equity
- Short-term G-Sec & AAA
- Cash-futures arbitrage
- Medium risk
- Low risk
-
Rising Growth,
Falling InflationPriority segments:
- Medium term – G-Sec & AAA
- Special situation equity
- Cash-futures arbitrage
- Medium risk
- Low risk
INFLATION
Rising Growth, Falling Inflation
Priority segments:
- Short & medium-term G-Sec & AAA
- Short-term corporate bonds
- Large-cap equity
- Special situation equity
- Cash-futures arbitrage
- Medium risk
- Low risk
Rising Growth, Rising Inflation
Priority segments:
- Short- & medium corporate bonds
- Medium-term AAA & G-Sec
- Diversified equity
- Special situation equity
- Cash-futures arbitrage
- Medium risk
- Low risk
Falling Growth, Falling Inflation
Priority segments:
- Special situation equity
- Short-term G-Sec & AAA
- Cash-futures arbitrage
- Medium risk
- Low risk
Falling Growth, Rising Inflation
Priority segments:
- Medium term – G-Sec & AAA
- Special situation equity
- Cash-futures arbitrage
- Medium risk
- Low risk
GROWTH
Key Fund Principles
How is this fund taxed?
For funds held for 2 years
| FUND ‘A’ Any fund holding >65% Debt Instruments | Unifi DAAF Any fund holding <65% Debt Instruments | |
|---|---|---|
| Redemption (1/1/2027) | ₹ 100.00 | |
| Investment (1/1/2025) | ₹ 116.64 (assuming 8% pre-tax return) | |
| Pre-tax Gain | ₹ 16.64 | |
| Tax | ₹ 4.99 (@30%) | ₹ 2.08 (@12.5%) |
| Post-tax Gain | ₹ 11.65 | ₹ 14.56 |
| Post-tax Return | 5.66% | 7.03% |
Tax laws are subject to change and the current position may not continue indefinitely. Please consult your tax advisor for ascertaining specific tax liability.
Independent in-house underwriting establishes a rigorous evaluation standard for debt investing through our bottom-up research framework.
Our fundamental research framework enables a distinct investment approach pre & post investment, applying an equity-like methodology to debt investments for superior analysis and risk management.
Our portfolio is designed to minimize sharp swings in portfolio values due to interest rates movements. Low duration, amortising principal structure, exposure to high quality borrowers provide inherent interest rate risk mitigation.
Constant allocation to TREPs/ G-secs/highly liquid debt instruments and cash arbitrage segments to manage liquidity. Periodical cashflows from debt repayments and interest payments also provide liquidity buffer.
Regulatory limits imposed on sector and single company exposure prevents the portfolio to be concentrated.
| RTAFUNDID | Scheme Name | NAV Date | NAV Amount |
|---|---|---|---|
| DAFRG | UNIFI DYNAMIC ASSET ALLOCATION FUND REGULAR GROWTH | 16-05-2025 | 10.1755 |
| DAFDG | UNIFI DYNAMIC ASSET ALLOCATION FUND DIRECT GROWTH | 16-05-2025 | 10.1862 |
| DAFRG | UNIFI DYNAMIC ASSET ALLOCATION FUND REGULAR GROWTH | 15-05-2025 | 10.1716 |
| DAFDG | UNIFI DYNAMIC ASSET ALLOCATION FUND DIRECT GROWTH | 15-05-2025 | 10.1821 |
| DAFRG | UNIFI DYNAMIC ASSET ALLOCATION FUND REGULAR GROWTH | 14-05-2025 | 10.1642 |
| DAFDG | UNIFI DYNAMIC ASSET ALLOCATION FUND DIRECT GROWTH | 14-05-2025 | 10.1746 |
| DAFRG | UNIFI DYNAMIC ASSET ALLOCATION FUND REGULAR GROWTH | 13-05-2025 | 10.1581 |
| DAFDG | UNIFI DYNAMIC ASSET ALLOCATION FUND DIRECT GROWTH | 13-05-2025 | 10.1684 |
| DAFRG | UNIFI DYNAMIC ASSET ALLOCATION FUND REGULAR GROWTH | 12-05-2025 | 10.1363 |
| DAFDG | UNIFI DYNAMIC ASSET ALLOCATION FUND DIRECT GROWTH | 12-05-2025 | 10.1463 |
| DAFRG | UNIFI DYNAMIC ASSET ALLOCATION FUND REGULAR GROWTH | 09-05-2025 | 10.1426 |
| DAFDG | UNIFI DYNAMIC ASSET ALLOCATION FUND DIRECT GROWTH | 09-05-2025 | 10.1521 |
| DAFRG | UNIFI DYNAMIC ASSET ALLOCATION FUND REGULAR GROWTH | 08-05-2025 | 10.1471 |
| DAFDG | UNIFI DYNAMIC ASSET ALLOCATION FUND DIRECT GROWTH | 08-05-2025 | 10.1564 |
| DAFRG | UNIFI DYNAMIC ASSET ALLOCATION FUND REGULAR GROWTH | 07-05-2025 | 10.1484 |
| DAFDG | UNIFI DYNAMIC ASSET ALLOCATION FUND DIRECT GROWTH | 07-05-2025 | 10.1577 |
| DAFRG | UNIFI DYNAMIC ASSET ALLOCATION FUND REGULAR GROWTH | 06-05-2025 | 10.1485 |
| DAFDG | UNIFI DYNAMIC ASSET ALLOCATION FUND DIRECT GROWTH | 06-05-2025 | 10.1576 |
| DAFRG | UNIFI DYNAMIC ASSET ALLOCATION FUND REGULAR GROWTH | 05-05-2025 | 10.1437 |
| DAFDG | UNIFI DYNAMIC ASSET ALLOCATION FUND DIRECT GROWTH | 05-05-2025 | 10.1526 |
| DAFRG | UNIFI DYNAMIC ASSET ALLOCATION FUND REGULAR GROWTH | 02-05-2025 | 10.1441 |
| DAFDG | UNIFI DYNAMIC ASSET ALLOCATION FUND DIRECT GROWTH | 02-05-2025 | 10.1525 |
| DAFRG | UNIFI DYNAMIC ASSET ALLOCATION FUND REGULAR GROWTH | 30-04-2025 | 10.1402 |
| DAFDG | UNIFI DYNAMIC ASSET ALLOCATION FUND DIRECT GROWTH | 30-04-2025 | 10.1482 |
| DAFRG | UNIFI DYNAMIC ASSET ALLOCATION FUND REGULAR GROWTH | 29-04-2025 | 10.1397 |
| DAFDG | UNIFI DYNAMIC ASSET ALLOCATION FUND DIRECT GROWTH | 29-04-2025 | 10.1476 |
| DAFRG | UNIFI DYNAMIC ASSET ALLOCATION FUND REGULAR GROWTH | 28-04-2025 | 10.1331 |
| DAFDG | UNIFI DYNAMIC ASSET ALLOCATION FUND DIRECT GROWTH | 28-04-2025 | 10.1408 |
| DAFRG | UNIFI DYNAMIC ASSET ALLOCATION FUND REGULAR GROWTH | 25-04-2025 | 10.1377 |
| DAFDG | UNIFI DYNAMIC ASSET ALLOCATION FUND DIRECT GROWTH | 25-04-2025 | 10.1449 |
| DAFRG | UNIFI DYNAMIC ASSET ALLOCATION FUND REGULAR GROWTH | 24-04-2025 | 10.1291 |
| DAFDG | UNIFI DYNAMIC ASSET ALLOCATION FUND DIRECT GROWTH | 24-04-2025 | 10.1362 |
| DAFRG | UNIFI DYNAMIC ASSET ALLOCATION FUND REGULAR GROWTH | 23-04-2025 | 10.1280 |
| DAFDG | UNIFI DYNAMIC ASSET ALLOCATION FUND DIRECT GROWTH | 23-04-2025 | 10.1349 |
| DAFRG | UNIFI DYNAMIC ASSET ALLOCATION FUND REGULAR GROWTH | 22-04-2025 | 10.1277 |
| DAFDG | UNIFI DYNAMIC ASSET ALLOCATION FUND DIRECT GROWTH | 22-04-2025 | 10.1344 |
| DAFRG | UNIFI DYNAMIC ASSET ALLOCATION FUND REGULAR GROWTH | 21-04-2025 | 10.1231 |
| DAFDG | UNIFI DYNAMIC ASSET ALLOCATION FUND DIRECT GROWTH | 21-04-2025 | 10.1296 |
| DAFRG | UNIFI DYNAMIC ASSET ALLOCATION FUND REGULAR GROWTH | 17-04-2025 | 10.1153 |
| DAFDG | UNIFI DYNAMIC ASSET ALLOCATION FUND DIRECT GROWTH | 17-04-2025 | 10.1212 |
| DAFRG | UNIFI DYNAMIC ASSET ALLOCATION FUND REGULAR GROWTH | 16-04-2025 | 10.1098 |
| DAFDG | UNIFI DYNAMIC ASSET ALLOCATION FUND DIRECT GROWTH | 16-04-2025 | 10.1155 |
| DAFRG | UNIFI DYNAMIC ASSET ALLOCATION FUND REGULAR GROWTH | 15-04-2025 | 10.1042 |
| DAFDG | UNIFI DYNAMIC ASSET ALLOCATION FUND DIRECT GROWTH | 15-04-2025 | 10.1098 |
| DAFRG | UNIFI DYNAMIC ASSET ALLOCATION FUND REGULAR GROWTH | 11-04-2025 | 10.0925 |
| DAFDG | UNIFI DYNAMIC ASSET ALLOCATION FUND DIRECT GROWTH | 11-04-2025 | 10.0974 |
| DAFRG | UNIFI DYNAMIC ASSET ALLOCATION FUND REGULAR GROWTH | 09-04-2025 | 10.0888 |
| DAFDG | UNIFI DYNAMIC ASSET ALLOCATION FUND DIRECT GROWTH | 09-04-2025 | 10.0934 |
| DAFRG | UNIFI DYNAMIC ASSET ALLOCATION FUND REGULAR GROWTH | 08-04-2025 | 10.0809 |
| DAFDG | UNIFI DYNAMIC ASSET ALLOCATION FUND DIRECT GROWTH | 08-04-2025 | 10.0853 |
| DAFRG | UNIFI DYNAMIC ASSET ALLOCATION FUND REGULAR GROWTH | 07-04-2025 | 10.0802 |
| DAFDG | UNIFI DYNAMIC ASSET ALLOCATION FUND DIRECT GROWTH | 07-04-2025 | 10.0845 |
| DAFRG | UNIFI DYNAMIC ASSET ALLOCATION FUND REGULAR GROWTH | 04-04-2025 | 10.0806 |
| DAFDG | UNIFI DYNAMIC ASSET ALLOCATION FUND DIRECT GROWTH | 04-04-2025 | 10.0844 |
| DAFRG | UNIFI DYNAMIC ASSET ALLOCATION FUND REGULAR GROWTH | 03-04-2025 | 10.0769 |
| DAFDG | UNIFI DYNAMIC ASSET ALLOCATION FUND DIRECT GROWTH | 03-04-2025 | 10.0805 |
| DAFRG | UNIFI DYNAMIC ASSET ALLOCATION FUND REGULAR GROWTH | 02-04-2025 | 10.0726 |
| DAFDG | UNIFI DYNAMIC ASSET ALLOCATION FUND DIRECT GROWTH | 02-04-2025 | 10.0761 |
| DAFRG | UNIFI DYNAMIC ASSET ALLOCATION FUND REGULAR GROWTH | 01-04-2025 | 10.0522 |
| DAFDG | UNIFI DYNAMIC ASSET ALLOCATION FUND DIRECT GROWTH | 01-04-2025 | 10.0554 |
| DAFRG | UNIFI DYNAMIC ASSET ALLOCATION FUND REGULAR GROWTH | 31-03-2025 | 10.0541 |
| DAFDG | UNIFI DYNAMIC ASSET ALLOCATION FUND DIRECT GROWTH | 31-03-2025 | 10.0572 |
| DAFRG | UNIFI DYNAMIC ASSET ALLOCATION FUND REGULAR GROWTH | 28-03-2025 | 10.0515 |
| DAFDG | UNIFI DYNAMIC ASSET ALLOCATION FUND DIRECT GROWTH | 28-03-2025 | 10.0541 |
| DAFRG | UNIFI DYNAMIC ASSET ALLOCATION FUND REGULAR GROWTH | 27-03-2025 | 10.0378 |
| DAFDG | UNIFI DYNAMIC ASSET ALLOCATION FUND DIRECT GROWTH | 27-03-2025 | 10.0402 |
| DAFRG | UNIFI DYNAMIC ASSET ALLOCATION FUND REGULAR GROWTH | 26-03-2025 | 10.0276 |
| DAFDG | UNIFI DYNAMIC ASSET ALLOCATION FUND DIRECT GROWTH | 26-03-2025 | 10.0299 |
| DAFRG | UNIFI DYNAMIC ASSET ALLOCATION FUND REGULAR GROWTH | 25-03-2025 | 10.0257 |
| DAFDG | UNIFI DYNAMIC ASSET ALLOCATION FUND DIRECT GROWTH | 25-03-2025 | 10.0278 |
| DAFRG | UNIFI DYNAMIC ASSET ALLOCATION FUND REGULAR GROWTH | 24-03-2025 | 10.0240 |
| DAFDG | UNIFI DYNAMIC ASSET ALLOCATION FUND DIRECT GROWTH | 24-03-2025 | 10.0260 |
| DAFRG | UNIFI DYNAMIC ASSET ALLOCATION FUND REGULAR GROWTH | 21-03-2025 | 10.0187 |
| DAFDG | UNIFI DYNAMIC ASSET ALLOCATION FUND DIRECT GROWTH | 21-03-2025 | 10.0202 |
| DAFRG | UNIFI DYNAMIC ASSET ALLOCATION FUND REGULAR GROWTH | 20-03-2025 | 10.0179 |
| DAFDG | UNIFI DYNAMIC ASSET ALLOCATION FUND DIRECT GROWTH | 20-03-2025 | 10.0192 |
| DAFRG | UNIFI DYNAMIC ASSET ALLOCATION FUND REGULAR GROWTH | 19-03-2025 | 10.0102 |
| DAFDG | UNIFI DYNAMIC ASSET ALLOCATION FUND DIRECT GROWTH | 19-03-2025 | 10.0114 |
| DAFRG | UNIFI DYNAMIC ASSET ALLOCATION FUND REGULAR GROWTH | 18-03-2025 | 10.0078 |
| DAFDG | UNIFI DYNAMIC ASSET ALLOCATION FUND DIRECT GROWTH | 18-03-2025 | 10.0088 |
| DAFRG | UNIFI DYNAMIC ASSET ALLOCATION FUND REGULAR GROWTH | 17-03-2025 | 10.0039 |
| DAFDG | UNIFI DYNAMIC ASSET ALLOCATION FUND DIRECT GROWTH | 17-03-2025 | 10.0047 |
