DSP Multicap Fund

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

The DSP Multicap Fund is a 1 yrs 11 m old fund and has delivered average annual returns of 10.9% since inception. DSP Multicap Fund Returns 1-Year Since Inception -1.5% 10.9%

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

The DSP Multicap Fund has an expense ratio of 1.94% , 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 Dec 04, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹12.147+0.42% 1 day change	10.9% p.a.	App exclusive #NA View Ranked Funds	₹2,628 Cr

Historical NAV & returns

NAV: ₹12.147 as on Dec 04, 2025

This fund Category average

DSP Multicap Fund overview

AUM (Fund size)	₹2,628 Cr
Exit load	1.0% Exit load of 1%, if redeemed within 12 months.!
Lock-in Period	Nil
Age	1 yrs 11 m since Jan 08, 2024
Benchmark	Nifty 500 Multicap 50:25:25 TRI
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
Expense ratio	1.94% as on Nov 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 Multicap 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 Dec 01, 2025

Period	This fund	Category average
1 Month	-0.88%	-0.19%
3 Months	0.28%	1.86%
6 Months	2.84%	3.08%
1 Year	-1.5%	-0.89%

View returns in detail

Asset allocationas on Oct 31, 2025

Large Cap 27.76%

Mid Cap 27.99%

Small Cap 39.4%

Other Cap 0%

Top holdings

HDFC Bank Ltd.4.17%

Axis Bank Ltd.4.16%

Schaeffler India Ltd.3.38%

Nippon Life India Asset Management Ltd.3.12%

Top sectors

Financial 23.43%

Healthcare 13.5%

Capital Goods 12.190000000000001%

Technology 7.789999999999999%

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 5.01%

Other Holdings

Others 5.01%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
DSP Multicap Fund	-0.88%	2.84%	-1.5%	N.A.	N.A.	N.A.
Nippon India Multi Cap Fund	-0.91%	2.83%	2.24%	20.97%	26.51%	15.13%
ICICI Prudential Multicap Fund	-1.38%	2.16%	0.95%	18.23%	20.8%	14.7%
Baroda BNP Paribas Multi Cap Fund	-0.62%	4.15%	-2.44%	17.93%	20.6%	14.55%
Mahindra Manulife Multi Cap Fund	-0.85%	5.47%	3.48%	18.31%	22.64%	13.69%
ITI Multi Cap Fund	0.55%	4.03%	0.67%	18.33%	16.91%	9.19%

Fund name	Std. deviation	Beta	Sharpe	Sortino
DSP Multicap Fund	N.A.	N.A.	N.A.	N.A.
Nippon India Multi Cap Fund	13.09	0.86	1.07	1.64
ICICI Prudential Multicap Fund	12.53	0.83	0.95	1.59
Baroda BNP Paribas Multi Cap Fund	13.58	0.89	0.86	1.07
Mahindra Manulife Multi Cap Fund	14.79	0.98	0.83	1.19
ITI Multi Cap Fund	14.97	1.0	0.8	1.02

Fund name	ETM Rank	AUM	Fund age	Expense ratio
DSP Multicap Fund	N.A.	2,628 Cr	1 yrs 11 m	1.94%
Nippon India Multi Cap Fund	N.A.	49,314 Cr	20 yrs 9 m	1.49%
ICICI Prudential Multicap Fund	N.A.	16,067 Cr	31 yrs 3 m	1.73%
Baroda BNP Paribas Multi Cap Fund	N.A.	3,108 Cr	22 yrs 3 m	1.96%
Mahindra Manulife Multi Cap Fund	N.A.	6,055 Cr	8 yrs 7 m	1.77%
ITI Multi Cap Fund	N.A.	1,326 Cr	6 yrs 7 m	2.02%

View all Multi Cap funds

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

Risk ratios are based on three-year data. The required data is unavailable for the scheme.

Compare DSP Multicap Fund in detail with

About this fund

About DSP Multicap Fund

DSP Multicap Fund is a Multi Cap mutual fund scheme from Dsp Mutual Fund. This fund has been in existence for 1 yrs 11 m, having been launched on 08/01/2024. DSP Multicap Fund has ₹2,628 Crores worth of assets under management (AUM) as on 31/10/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of DSP Multicap Fund as of 04/12/2025 is ₹12.15. The fund has an expense ratio of 1.94%, which is higher than what most other Multi Cap funds charge.

DSP Multicap Fund returns of last 1-year are -1.76%. Since launch, it has delivered 11.11% average annual returns.
The fund has the majority of its money invested in Financial, Healthcare, Capital Goods, Technology, Chemicals 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 HDFC Bank Ltd., Axis Bank Ltd., Schaeffler India Ltd., Nippon Life India Asset Management Ltd., Hero Motocorp Ltd..

...

Fund AUM	2,628 Cr as on Oct 31, 2025
Scheme document	View Scheme Document

Fund managers

Chirag Dagli

Mr. Dagli has done B. COM and Chartered Accountant. Prior to joining DSP Mutual Fund, he has worked with HDFC AMC, Aviva India Life Insurance Company Ltd., ICICI Securities Ltd., Pioneer Invest Corp, Deutsche Equities, Citigroup Global Markets.

Investment objective

The scheme seeks to seek to generate long-term capital appreciation from a portfolio of equity and equity related securities across market capitalization.

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.	5,506 Cr	-5.47%	28.45%
DSP Small Cap Fund	N.A.	16,868 Cr	-2.49%	23.41%
DSP Natural Resources and New Energy Fund	N.A.	1,474 Cr	5.35%	21.94%
DSP World Gold Mining Overseas Equity Omni FoF	N.A.	1,498 Cr	128.21%	21.26%
DSP ELSS Tax Saver Fund	N.A.	17,241 Cr	3.85%	20.62%
DSP Large & Mid Cap Fund	N.A.	16,530 Cr	3.45%	19.94%

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of DSP Multicap Fund?

The current Net Asset Value (NAV) of the DSP Multicap Fund plan is approximately ₹12.147 as of Dec 04, 2025.

What are the returns of this mutual fund scheme?

The DSP Multicap Fund is a 1 yrs 11 m old fund and has delivered average annual returns of 10.9% since inception.

DSP Multicap Fund Returns

1-Year	Since Inception
-1.5%	10.9%

How much does this mutual fund charge as expense ratio?

The DSP Multicap Fund has an expense ratio of 1.94%, 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 Multicap Fund currently has assets under management (AUM) or fund size valued at approximately 2,628 Cr as on Oct 31, 2025.

What are the top stock holdings of DSP Multicap Fund?

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

Company	Percentage of Portfolio
HDFC Bank Ltd.	4.17%
Axis Bank Ltd.	4.16%
Schaeffler India Ltd.	3.38%
Nippon Life India Asset Management Ltd.	3.12%
Hero Motocorp Ltd.	3.03%
ICICI Bank Ltd.	2.85%
Cipla Ltd.	2.72%
Max Financial Services Ltd.	2.57%
Coforge Ltd.	2.48%
AU Small Finance Bank Ltd.	2.31%

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

The DSP Multicap Fund has primarily invested in the following sectors

Sector	Percentage of Portfolio
Financial	23.43%
Healthcare	13.5%
Capital Goods	12.190000000000001%
Technology	7.789999999999999%
Chemicals	5.8%
Materials	5.41%
Automobile	5.1%
Consumer Staples	4.74%
Metals & Mining	4.58%
Insurance	3.5700000000000003%

What is risk level of DSP Multicap Fund?

This is a Multi 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 Multicap Fund?

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.