Step 1: Examine the assertion.
DNA replication is said to be semiconservative because each newly formed DNA molecule conserves one of the original parental strands.
Hence,
\[
\boxed{\text{Assertion [A] is true}.}
\]
Step 2: Examine the reason.
After DNA replication,
each daughter DNA molecule contains
\[
\boxed{
\text{one parental strand and one newly synthesized strand.}
}
\]
Thus,
\[
\boxed{\text{Reason [R] is true}.}
\]
Step 3: Establish the relationship.
The reason correctly explains why DNA replication is termed semiconservative.
Therefore,
\[
\boxed{
\text{Both [A] and [R] are true and [R] correctly explains [A].}
}
\]
Thus,
\[
\boxed{(A)}
\]
is the correct answer.