DSP Flexi Cap Fund

Q: What are the returns of this mutual fund scheme?

The DSP Flexi Cap Fund is a 18 yrs 4 m old fund and has delivered average annual returns of 13.68% since inception. DSP Flexi Cap Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 3.76% 18.07% 20.16% 14.41% 13.68%

Q: How much does this mutual fund charge as expense ratio?

The DSP Flexi Cap Fund has an expense ratio of 1.72% , representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

NAV as of Oct 20, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹104.615+0.57% 1 day change	13.68% p.a.	App exclusive #NA View Ranked Funds	₹11,911 Cr

Historical NAV & returns

NAV: ₹104.615 as on Oct 20, 2025

This fund Category average

DSP Flexi Cap Fund overview

AUM (Fund size)	₹11,911 Cr
Exit load	1.0% Exit load of 1% if redeemed less than 12 months!
Lock-in Period	Nil
Age	18 yrs 4 m since Jun 07, 2007
Benchmark	NIFTY 500 TRI
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
Expense ratio	1.72% as on Sep 30, 2025
Plan type	Regular
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

DSP Flexi Cap Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Oct 25, 2025

Period	This fund	Category average
1 Month	2.13%	2.42%
3 Months	3.01%	3.18%
6 Months	7.09%	9.58%
1 Year	3.76%	5.26%
2 Years	18.97%	19.91%
3 Years	18.07%	17.23%
4 Years	11.31%	12.61%
5 Years	20.16%	20.68%
7 Years	17.99%	16.98%
10 Years	14.41%	14.22%

View returns in detail

Asset allocationas on Sep 30, 2025

Large Cap 58.95%

Mid Cap 22.33%

Small Cap 17.48%

Other Cap 0%

Top holdings

Bajaj Finance Ltd.8.17%

ICICI Bank Ltd.5.9%

HDFC Bank Ltd.5.12%

Axis Bank Ltd.4.21%

Top sectors

Financial 39.27%

Healthcare 9.920000000000002%

Capital Goods 8.600000000000001%

Technology 8.34%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Bifurcation by Holding is not available for this fund

Allocation by Instruments

Reverse Repo 1.37%

Other Holdings

Others 1.37%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
DSP Flexi Cap Fund	2.13%	7.09%	3.76%	18.07%	20.16%	14.41%
HDFC Flexi Cap Fund	2.38%	9.29%	10.8%	22.87%	29.18%	16.18%
JM Flexicap Fund	1.25%	5.81%	-2.43%	22.71%	25.86%	16.81%
Parag Parikh Flexi Cap Fund	2.27%	8.87%	9.93%	21.3%	22.5%	17.78%
Franklin India Flexi Cap Fund	2.9%	6.92%	4.41%	18.59%	24.14%	14.05%
Bank of India Flexi Cap Fund	2.17%	12.72%	3.75%	22.29%	25.28%	13.53%

Fund name	Std. deviation	Beta	Sharpe	Sortino
DSP Flexi Cap Fund	12.95	0.93	0.81	1.41
HDFC Flexi Cap Fund	10.92	0.8	1.42	2.36
JM Flexicap Fund	14.74	1.02	1.04	1.41
Parag Parikh Flexi Cap Fund	8.5	0.57	1.63	2.35
Franklin India Flexi Cap Fund	12.52	0.93	0.92	1.37
Bank of India Flexi Cap Fund	16.99	1.15	0.88	1.27

Fund name	ETM Rank	AUM	Fund age	Expense ratio
DSP Flexi Cap Fund	N.A.	11,911 Cr	18 yrs 4 m	1.72%
HDFC Flexi Cap Fund	N.A.	85,560 Cr	30 yrs 10 m	1.37%
JM Flexicap Fund	N.A.	5,990 Cr	17 yrs 2 m	1.79%
Parag Parikh Flexi Cap Fund	N.A.	1,19,723 Cr	12 yrs 5 m	1.28%
Franklin India Flexi Cap Fund	N.A.	18,912 Cr	31 yrs 1 m	1.69%
Bank of India Flexi Cap Fund	N.A.	2,165 Cr	5 yrs 4 m	1.98%

View all Flexi Cap funds

Key risk & return ratios Compared to other funds in the category

Alpha	1.59 vs. 4.14 Underperformed at beating benchmark
Sharpe	0.81 vs. 5.12 Poor risk-adjusted returns
Beta	0.93 vs. 0.73 More sensitive to market's ups & downs
Standard deviation	12.95 vs. 10.0 More volatile performance

Compare DSP Flexi Cap Fund in detail with

About this fund

About DSP Flexi Cap Fund

DSP Flexi Cap Fund is a Flexi Cap mutual fund scheme from Dsp Mutual Fund. This fund has been in existence for 18 yrs 4 m, having been launched on 07/06/2007. DSP Flexi Cap Fund has ₹11,911 Crores worth of assets under management (AUM) as on 30/09/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of DSP Flexi Cap Fund as of 20/10/2025 is ₹104.61. The fund has an expense ratio of 1.72%, which is higher than what most other Flexi Cap funds charge.

DSP Flexi Cap Fund returns of last 1-year are -0.84%. Since launch, it has delivered 18.76% average annual returns. The fund has doubled the money invested in it every 5 yrs.
DSP Flexi Cap Fund scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is above average.
The fund has the majority of its money invested in Financial, Healthcare, Capital Goods, Technology, Automobile sectors. It has taken less exposure in Financial, Healthcare sectors compared to other funds in the category.
The fund's top 5 holdings are in Bajaj Finance Ltd., ICICI Bank Ltd., HDFC Bank Ltd., Axis Bank Ltd., State Bank of India.

...

Fund AUM	11,911 Cr as on Sep 30, 2025
Scheme document	View Scheme Document

Fund managers

Bhavin Gandhi

Mr. Gandhi has done CFA and CA Prior to joining DSP Mutual Fund, he has worked with CRISIL and Batlivala and Karani Securities.

Investment objective

The scheme seeks to generate long-term capital appreciation, from a portfolio which is substantially constituted of equity and equity related securities and may also invest a certain portion of its corpus in debt and money market securities, in order to meet liquidity requirements from time to time. In Picking out individual investment opportunities for the portfolio, the investment manager will seek both value & growth.

DSP Mutual Fund details

No. of schemes	54 view all schemes
Total AUM	2,12,960 Cr as on Sep 30, 2025
Address	NATRAJ, Office No. 302-3rd Floor-Plot No. 194, MV Road Junction Western Express Highway, Andheri East Mumbai, 400069
Phone	1800-208-4499 / 1800-200-4499

More funds from DSP Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
DSP India T.I.G.E.R. Fund	N.A.	5,390 Cr	-0.32%	32.79%
DSP Natural Resources and New Energy Fund	N.A.	1,391 Cr	5.21%	26.93%
DSP Small Cap Fund	N.A.	16,496 Cr	2.75%	26.19%
DSP ELSS Tax Saver Fund	N.A.	16,749 Cr	4.91%	23.36%
DSP Nifty 50 Equal Weight Index Fund	N.A.	2,285 Cr	8.69%	23.17%
DSP Large & Mid Cap Fund	N.A.	15,857 Cr	4.65%	22.83%

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of DSP Flexi Cap Fund?

The current Net Asset Value (NAV) of the DSP Flexi Cap Fund plan is approximately ₹104.615 as of Oct 20, 2025.

What are the returns of this mutual fund scheme?

The DSP Flexi Cap Fund is a 18 yrs 4 m old fund and has delivered average annual returns of 13.68% since inception.

DSP Flexi Cap Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
3.76%	18.07%	20.16%	14.41%	13.68%

How much does this mutual fund charge as expense ratio?

The DSP Flexi Cap Fund has an expense ratio of 1.72%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

What is the AUM or fund size of this mutual fund?

The DSP Flexi Cap Fund currently has assets under management (AUM) or fund size valued at approximately 11,911 Cr as on Sep 30, 2025.

What are the top stock holdings of DSP Flexi Cap Fund?

The DSP Flexi Cap Fund has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
Bajaj Finance Ltd.	8.17%
ICICI Bank Ltd.	5.9%
HDFC Bank Ltd.	5.12%
Axis Bank Ltd.	4.21%
State Bank of India	3.59%
Coforge Ltd.	2.81%
Samvardhana Motherson International Ltd.	2.62%
Cholamandalam Investment and Finance Company Ltd.	2.61%
Cipla Ltd.	2.39%
Radico Khaitan Ltd.	2.38%

What are the top sectors DSP Flexi Cap Fund has invested in?

The DSP Flexi Cap Fund has primarily invested in the following sectors

Sector	Percentage of Portfolio
Financial	39.27%
Healthcare	9.920000000000002%
Capital Goods	8.600000000000001%
Technology	8.34%
Automobile	6.460000000000001%
Consumer Staples	4.38%
Energy	4.12%
Materials	4.1000000000000005%
Communication	3.29%
Metals & Mining	2.2%

What is risk level of DSP Flexi Cap Fund?

This is a Flexi Cap fund comes with Very High risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How can I redeem my investments in DSP Flexi Cap Fund?

Redeeming your investments in the DSP Flexi Cap Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Flexi Cap

#NA

Return Outperformance: This fund has generated highest return amongst Flexi Cap funds in the last 10 Years.
Volatility Protection: This fund ranks lower in terms of protecting against volatility within its category.
Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit load of 1% if redeemed less than 12 months