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

The DSP Multicap Fund Direct - Growth is a 2 yrs old fund and has delivered average annual returns of 8.83% since inception. DSP Multicap Fund Direct - Growth Returns 1-Year Since Inception 4.94% 8.83%

Question 1

What is the current NAV of DSP Multicap Fund Direct - Growth?

Accepted Answer

The current Net Asset Value (NAV) of the DSP Multicap Fund - Direct Growth plan is approximately ₹11.879 as of Feb 02, 2026.

Question 2

What are the returns of this mutual fund scheme?

Accepted Answer

The DSP Multicap Fund Direct - Growth is a 2 yrs old fund and has delivered average annual returns of 8.83% since inception.

DSP Multicap Fund Direct - Growth Returns

1-Year	Since Inception
4.94%	8.83%

Question 3

How much does this mutual fund charge as expense ratio?

Accepted Answer

The DSP Multicap Fund - Direct Growth has an expense ratio of 0.55%, 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.

Question 4

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

Accepted Answer

The DSP Multicap Fund currently has assets under management (AUM) or fund size valued at approximately 2,682 Cr as on Dec 31, 2025.

Question 5

What are the top stock holdings of DSP Multicap Fund?

Accepted Answer

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

Company	Percentage of Portfolio
Axis Bank Ltd.	4.2%
HDFC Bank Ltd.	4.1%
Hero Motocorp Ltd.	3.09%
Nippon Life India Asset Management Ltd.	3.07%
Schaeffler India Ltd.	2.8%
ICICI Bank Ltd.	2.79%
Max Financial Services Ltd.	2.72%
Cipla Ltd.	2.68%
UTI Asset Management Company Ltd.	2.41%
ICICI Prudential Life Insurance Company Ltd.	2.33%

Question 6

What are the top sectors DSP Multicap Fund has invested in?

Accepted Answer

The DSP Multicap Fund has primarily invested in the following sectors

Company	Percentage of Portfolio
Axis Bank Ltd.	4.2%
HDFC Bank Ltd.	4.1%
Hero Motocorp Ltd.	3.09%
Nippon Life India Asset Management Ltd.	3.07%
Schaeffler India Ltd.	2.8%
ICICI Bank Ltd.	2.79%
Max Financial Services Ltd.	2.72%
Cipla Ltd.	2.68%
UTI Asset Management Company Ltd.	2.41%
ICICI Prudential Life Insurance Company Ltd.	2.33%

Question 7

What is risk level of DSP Multicap Fund?

Accepted Answer

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

Question 8

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

Accepted Answer

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

Question 9

How do I invest in DSP Multicap Fund Direct - Growth?

Accepted Answer

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. The whole process takes just a few minutes. Here's how it works:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for DSP Multicap Fund - Direct Growth, select your investment mode (lump sum or SIP), and enter the investment amount.
Provide the required details, including the bank account you'll use for payment, and confirm your investment.

That's it. Your investment in the DSP Multicap Fund is complete.

Question 10

How can I redeem my investments in DSP Multicap Fund?

Accepted Answer

Redeeming your investments in the DSP Multicap 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.

Expense ratio	0.55% as on Feb 02, 2026
Exit load	1.0% Exit load of 1%, if redeemed within 12 months.!
AUM (Fund size)	₹2,682 Cr
Lock-in Period	Nil
Age	2 yrs since Jan 08, 2024
Benchmark	Nifty 500 Multicap 50:25:25 TRI
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
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%

Period	This fund	Category average
1 Month	-5.84%	-5.27%
3 Months	-5.63%	-6.24%
6 Months	-3.57%	-2.04%
1 Year	4.94%	5.5%
2 Years	8.91%	8.69%

Fund name	1M	6M	1Y	3Y	5Y	10Y
DSP Multicap Fund	-5.84%	-3.57%	4.94%	N.A.	N.A.	N.A.
Nippon India Multi Cap Fund	-5.47%	-3.96%	7.1%	21.43%	23.11%	16.73%
ICICI Prudential Multicap Fund	-5.09%	-1.47%	5.44%	19.9%	17.9%	16.54%
Mahindra Manulife Multi Cap Fund	-4.81%	-0.45%	8.45%	21.91%	20.66%	15.01%
ITI Multi Cap Fund	-5.45%	-0.81%	8.03%	20.82%	14.97%	10.06%
Baroda BNP Paribas Multi Cap Fund	-5.09%	-1.52%	2.12%	18.3%	18.18%	15.93%

Fund name	Std. deviation	Beta	Sharpe	Sortino
DSP Multicap Fund	N.A.	N.A.	N.A.	N.A.
Nippon India Multi Cap Fund	13.26	0.87	1.1	1.65
ICICI Prudential Multicap Fund	12.45	0.82	1.07	1.74
Mahindra Manulife Multi Cap Fund	14.44	0.95	1.05	1.49
ITI Multi Cap Fund	14.95	1.0	0.95	1.19
Baroda BNP Paribas Multi Cap Fund	13.81	0.9	0.88	1.09

Fund name	ETM Rank	AUM	Fund age	Expense ratio
DSP Multicap Fund	N.A.	2,682 Cr	2 yrs	0.55%
Nippon India Multi Cap Fund	N.A.	50,352 Cr	13 yrs 1 m	0.72%
ICICI Prudential Multicap Fund	N.A.	16,263 Cr	13 yrs 1 m	0.94%
Mahindra Manulife Multi Cap Fund	N.A.	6,133 Cr	8 yrs 9 m	0.42%
ITI Multi Cap Fund	N.A.	1,349 Cr	6 yrs 9 m	0.34%
Baroda BNP Paribas Multi Cap Fund	N.A.	3,142 Cr	13 yrs 1 m	0.9%

DSP Multicap Fund Direct - Growth

Historical NAV & returns

DSP Multicap Fund overview

DSP Multicap Fund Returns calculator

Trailing returns as on Feb 03, 2026

Asset allocationas on Dec 31, 2025

Peer comparison

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

About this fund

About DSP Multicap Fund

Fund managers

Investment objective

DSP Mutual Fund details

More funds from DSP Mutual Fund

Frequently asked questions

DSP Multicap Fund Direct - Growth Returns

ET Money rank

Fund AUM	2,682 Cr as on Dec 31, 2025
Scheme document	View Scheme Document

No. of schemes	54 view all schemes
Total AUM	2,24,669 Cr as on Dec 31, 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

Fund name	ETM Rank	AUM	1Y	5Y
DSP India T.I.G.E.R. Fund	N.A.	5,323 Cr	8.8%	25.03%
DSP Natural Resources and New Energy Fund	N.A.	1,573 Cr	31.23%	23.73%
DSP Small Cap Fund	N.A.	16,935 Cr	4.31%	21.35%
DSP ELSS Tax Saver Fund	N.A.	17,609 Cr	10.75%	18.24%
DSP Large & Mid Cap Fund	N.A.	17,576 Cr	11.33%	17.84%
DSP Value Fund	N.A.	1,326 Cr	15.6%	17.55%

Sector	Percentage of Portfolio
Financial	23.61%
Healthcare	12.379999999999999%
Capital Goods	11.49%
Technology	7.66%
Automobile	6.82%
Consumer Staples	5.609999999999999%
Materials	5.41%
Chemicals	5.2%
Insurance	4.82%
Metals & Mining	4.3%