DSP Large & Mid Cap Fund
Large & MidCapVery HighOPEN-ENDED
- NAV as on 25 Sep 2026
- ₹598.32+0.13%1 day
- Return since launch
- 17.3%
- 52-week range
- ₹558.41 — ₹650.62
- AUM
- ₹18,411 Cr
DSP Large & Mid Cap Fund is a Large & MidCap equity fund from DSP Mutual Fund with ₹18,411 Cr under management, launched in 2000. Over three years it has returned 3.2% a year, against 12.9% for its category. The expense ratio is 1.86% and the SEBI riskometer reading is Very High.
Performance
DSP Large & Mid Cap Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned -0.9% against -0.1% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | -6.0% | −9.4 pts | 3.4% | -1.1% |
| 2Y | -1.5% | −5.1 pts | 3.6% | 0.9% |
| 3Y | 3.2% | −9.8 pts | 12.9% | 4.2% |
| 5Y | 10.5% | −0.8 pts | 11.3% | 10.2% |
| 7Y | 13.8% | −0.9 pts | 14.8% | 13.8% |
| 10Y | 13.5% | +0.3 pts | 13.2% | 13.3% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -4.5% | −0.6 pts | -3.9% | -3.9% |
| 3M | -3.1% | −3.1 pts | 0.0% | -0.5% |
| 6M | 4.6% | −6.9 pts | 11.4% | 9.8% |
| 1Y | -0.9% | −4.3 pts | 3.4% | -0.3% |
| 2Y | -3.7% | −2.5 pts | -1.2% | -2.7% |
| 3Y | 12.0% | −1.0 pts | 12.9% | 11.1% |
| 5Y | 10.3% | −1.0 pts | 11.3% | 10.3% |
| 7Y | 15.0% | −0.9 pts | 15.9% | 15.1% |
| 10Y | 13.0% | −0.2 pts | 13.2% | 12.5% |
Since launch (11 Mar 2000): 17.3%
Calendar-year returns
Category average14.2%
31.2%
4.4%
32.5%
23.6%
7.1%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 7.1% | +1.7 pts | 5.4% |
| 2024 | 23.6% | −1.3 pts | 25.0% |
| 2023 | 32.5% | +1.0 pts | 31.4% |
| 2022 | 4.4% | +1.4 pts | 3.0% |
| 2021 | 31.2% | −7.9 pts | 39.1% |
| 2020 | 14.2% | −3.3 pts | 17.5% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
1.84%
Expense ratio as on 25 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.43%
- Brokerage
- 0.04%
- Transaction charges
- 0.00%
- Statutory levies
- 0.37%
- Exit load
- Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 1 months.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- Nifty Large Midcap 250 TRI
- Short-term capital gains
- Returns taxed at 20% if you redeem before 1 year
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Very High
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | 2.33 | 7.31 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 1.01 | 1.05 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.57 | 0.80 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.74 | 0.99 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 15.49 | 17.61 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
DSP Large & Mid Cap Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity98.4%
- Other1.6%
Market cap split
- Large55.4%
- Mid40.2%
- Small4.5%
- P/E
- 22.36
- P/B
- 3.02
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| ICICI Bank Ltd. | Financial | 8.71% | ₹1,604 Cr | +8.62% | +6.64% | +3.95% |
| HDFC Bank Ltd. | Financial | 7.33% | ₹1,350 Cr | +8.13% | +6.57% | +4.52% |
| Axis Bank Ltd. | Financial | 5.86% | ₹1,079 Cr | +5.81% | +4.73% | +4.30% |
| State Bank of India | Financial | 3.30% | ₹607 Cr | +2.79% | +2.89% | +5.52% |
| Kotak Mahindra Bank Ltd. | Financial | 2.35% | ₹432 Cr | +2.63% | +2.23% | +2.52% |
| Bharti Airtel Ltd. | Communication | 2.06% | ₹379 Cr | +2.20% | +2.02% | +1.54% |
| UNO Minda Ltd. | Automobile | 2.00% | ₹369 Cr | +1.75% | +1.25% | +1.32% |
| Coforge Ltd. | Technology | 1.98% | ₹364 Cr | +1.80% | +1.48% | +2.29% |
| Max Financial Services Ltd. | Financial | 1.96% | ₹362 Cr | +1.87% | +1.98% | +1.62% |
| Alkem Laboratories Ltd. | Healthcare | 1.89% | ₹347 Cr | +1.47% | +1.41% | +1.52% |
| The Phoenix Mills Ltd. | Construction | 1.87% | ₹344 Cr | +1.69% | +1.56% | +1.62% |
| Coromandel International Ltd. | Chemicals | 1.84% | ₹338 Cr | +1.68% | +1.30% | +1.27% |
| Fortis Healthcare Ltd. | Healthcare | 1.78% | ₹327 Cr | +1.35% | +1.37% | +1.37% |
| Indus Towers Ltd. | Communication | 1.70% | ₹313 Cr | +2.05% | +1.46% | +1.11% |
| Eternal Ltd. | Services | 1.58% | ₹291 Cr | +1.28% | +1.24% | — |
| Others | Others | 1.58% | ₹285 Cr | +1.20% | +0.84% | +0.21% |
| Oil India Ltd. | Energy | 1.55% | ₹286 Cr | +1.33% | +1.51% | +1.66% |
| Ipca Laboratories Ltd. | Healthcare | 1.54% | ₹284 Cr | +1.60% | +1.69% | +1.74% |
| APL Apollo Tubes Ltd. | Metals & Mining | 1.52% | ₹279 Cr | +1.00% | +1.21% | +0.93% |
| Hindustan Petroleum Corporation Ltd. | Energy | 1.49% | ₹275 Cr | +1.48% | +1.25% | +1.34% |
| The Federal Bank Ltd. | Financial | 1.47% | ₹271 Cr | +1.26% | +1.48% | +1.09% |
| Bharat Petroleum Corporation Ltd. | Energy | 1.44% | ₹265 Cr | +1.17% | +1.17% | +1.82% |
| ICICI Lombard General Insurance Company Ltd. | Insurance | 1.44% | ₹266 Cr | +1.75% | +1.59% | +1.77% |
| SBI Life Insurance Company Ltd. | Insurance | 1.44% | ₹264 Cr | +0.98% | +0.97% | +0.98% |
| Cipla Ltd. | Healthcare | 1.41% | ₹260 Cr | +1.44% | +1.12% | +1.99% |
| Mahindra & Mahindra Ltd. | Automobile | 1.41% | ₹260 Cr | +1.65% | +1.81% | +1.75% |
| SRF Ltd. | Chemicals | 1.41% | ₹260 Cr | +0.02% | — | — |
| Tata Consultancy Services Ltd. | Technology | 1.40% | ₹257 Cr | +1.86% | +2.14% | — |
| NTPC Ltd. | Energy | 1.31% | ₹241 Cr | +1.02% | +1.17% | +1.40% |
| Infosys Ltd. | Technology | 1.30% | ₹240 Cr | +1.41% | +2.65% | +4.81% |
| Asian Paints Ltd. | Materials | 1.27% | ₹234 Cr | +1.51% | +1.08% | +0.83% |
| Petronet LNG Ltd. | Energy | 1.25% | ₹231 Cr | +1.16% | +1.78% | +1.61% |
| Container Corporation Of India Ltd. | Services | 1.23% | ₹226 Cr | +1.00% | +0.88% | +1.08% |
| Mphasis Ltd. | Technology | 1.23% | ₹226 Cr | +1.22% | +1.21% | +1.69% |
| Bharat Forge Ltd. | Automobile | 1.21% | ₹222 Cr | +1.19% | +1.23% | +0.82% |
| Lupin Ltd. | Healthcare | 1.20% | ₹222 Cr | +1.36% | +1.35% | +1.07% |
| PB Fintech Ltd. | Services | 1.18% | ₹218 Cr | — | — | — |
| Samvardhana Motherson International Ltd. | Automobile | 1.18% | ₹218 Cr | +1.58% | +2.12% | +1.42% |
| Schaeffler India Ltd. | Capital Goods | 1.18% | ₹216 Cr | +1.28% | +1.33% | +1.09% |
| Jindal Steel Ltd. | Metals & Mining | 1.17% | ₹216 Cr | +1.26% | +1.28% | +1.30% |
| Maruti Suzuki India Ltd. | Automobile | 1.13% | ₹208 Cr | +0.46% | — | — |
| AU Small Finance Bank Ltd. | Financial | 1.09% | ₹201 Cr | +1.05% | +1.46% | +1.67% |
| Havells India Ltd. | Capital Goods | 1.07% | ₹197 Cr | — | — | — |
| Tube Investments Of India Ltd. | Automobile | 1.05% | ₹193 Cr | +0.97% | — | — |
| Tata Capital Ltd. | Financial | 1.04% | ₹191 Cr | +1.12% | +1.31% | — |
| Shriram Finance Ltd | Financial | 0.95% | ₹174 Cr | +1.40% | +1.82% | +0.41% |
| Hindustan Unilever Ltd. | Consumer Staples | 0.92% | ₹169 Cr | +0.73% | +0.78% | +1.32% |
| ITC Ltd. | Consumer Staples | 0.89% | ₹164 Cr | +0.80% | +0.86% | +1.00% |
| Larsen & Toubro Ltd. | Construction | 0.80% | ₹147 Cr | +0.85% | +1.58% | +1.66% |
| Ultratech Cement Ltd. | Materials | 0.78% | ₹144 Cr | +0.83% | +0.91% | +1.04% |
| Syngene International Ltd. | Healthcare | 0.77% | ₹142 Cr | +0.90% | +0.85% | +1.37% |
| PI Industries Ltd. | Chemicals | 0.76% | ₹141 Cr | +0.33% | — | — |
| Tata Motors Ltd. | Automobile | 0.73% | ₹135 Cr | +0.62% | +0.82% | — |
| company:12042 | Construction | 0.70% | ₹129 Cr | — | — | — |
| Emami Ltd. | Consumer Staples | 0.68% | ₹125 Cr | +0.79% | +0.90% | +1.27% |
| Vishal Mega Mart Ltd. | Services | 0.64% | ₹119 Cr | +0.75% | +0.71% | +0.93% |
| Dalmia Bharat Ltd. | Materials | 0.62% | ₹114 Cr | +0.57% | +0.57% | +0.79% |
| Metro Brands Ltd. | Consumer Discretionary | 0.62% | ₹114 Cr | +0.30% | +0.12% | — |
| Atul Ltd. | Chemicals | 0.59% | ₹109 Cr | +0.67% | +0.54% | +0.55% |
| Hyundai Motor India Ltd. | Automobile | 0.59% | ₹109 Cr | +0.55% | — | — |
| HDB Financial Services Ltd. | Financial | 0.56% | ₹103 Cr | +0.58% | +0.60% | — |
| Cohance Lifesciences Ltd. | Healthcare | 0.51% | ₹93.86 Cr | +0.69% | +0.49% | +0.84% |
| JK Cement Ltd. | Materials | 0.50% | ₹91.49 Cr | +0.34% | +0.22% | — |
| Pfizer Ltd. | Healthcare | 0.45% | ₹83.43 Cr | +0.47% | +0.51% | +0.60% |
| Power Finance Corporation Ltd. | Financial | 0.41% | ₹75.01 Cr | +1.08% | +1.38% | +1.45% |
| Century Plyboards (India) Ltd. | Materials | 0.38% | ₹70.45 Cr | +0.41% | +0.41% | +0.48% |
| SBI Cards And Payment Services Ltd. | Financial | 0.29% | ₹54.22 Cr | +0.30% | +0.36% | +0.43% |
| Ahluwalia Contracts (India) Ltd. | Construction | 0.27% | ₹49.39 Cr | +0.36% | +0.35% | +0.48% |
| KEC International Ltd. | Capital Goods | 0.14% | ₹24.91 Cr | +0.34% | +0.39% | +0.62% |
| GSPL Transmission Ltd. | Energy | 0.05% | ₹9.44 Cr | — | — | — |
| Supreme Industries Ltd. | Materials | 0.00% | ₹0.86 Cr | — | — | — |
| City Online Services Ltd. | Communication | 0.00% | ₹0.14 Cr | 0.00% | 0.00% | 0.00% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Others | 1.24% | 0.38% | -0.86% |
| HDFC Bank Ltd. | 8.06% | 7.33% | -0.73% |
| company:12042 | 0.00% | 0.70% | +0.70% |
| Power Finance Corporation Ltd. | 1.02% | 0.41% | -0.61% |
| Axis Bank Ltd. | 5.34% | 5.86% | +0.52% |
| Fortis Healthcare Ltd. | 1.31% | 1.78% | +0.47% |
| Hero Motocorp Ltd. | 0.35% | 0.00% | -0.35% |
| Gujarat Energy Ltd. | 0.28% | 0.00% | -0.28% |
| APL Apollo Tubes Ltd. | 1.25% | 1.52% | +0.27% |
| Coforge Ltd. | 1.73% | 1.98% | +0.25% |
| Metro Brands Ltd. | 0.40% | 0.62% | +0.22% |
| Bharti Airtel Ltd. | 2.26% | 2.06% | -0.20% |
| SBI Life Insurance Company Ltd. | 1.27% | 1.44% | +0.17% |
| Ipca Laboratories Ltd. | 1.38% | 1.54% | +0.16% |
| ACC Ltd. | 0.16% | 0.00% | -0.16% |
| PB Fintech Ltd. | 1.02% | 1.18% | +0.16% |
| ITC Ltd. | 0.74% | 0.89% | +0.15% |
| Lupin Ltd. | 1.34% | 1.20% | -0.14% |
| Cohance Lifesciences Ltd. | 0.64% | 0.51% | -0.13% |
| PI Industries Ltd. | 0.89% | 0.76% | -0.13% |
| Samvardhana Motherson International Ltd. | 1.05% | 1.18% | +0.13% |
| UNO Minda Ltd. | 1.87% | 2.00% | +0.13% |
| Eternal Ltd. | 1.47% | 1.58% | +0.11% |
| Hindustan Petroleum Corporation Ltd. | 1.60% | 1.49% | -0.11% |
| Alkem Laboratories Ltd. | 1.78% | 1.89% | +0.11% |
| Kotak Mahindra Bank Ltd. | 2.46% | 2.35% | -0.11% |
| Coromandel International Ltd. | 1.94% | 1.84% | -0.10% |
| Ahluwalia Contracts (India) Ltd. | 0.36% | 0.27% | -0.09% |
| NTPC Ltd. | 1.40% | 1.31% | -0.09% |
| Cipla Ltd. | 1.49% | 1.41% | -0.08% |
| Jindal Steel Ltd. | 1.09% | 1.17% | +0.08% |
| State Bank of India | 3.22% | 3.30% | +0.08% |
| ICICI Lombard General Insurance Company Ltd. | 1.51% | 1.44% | -0.07% |
| Mahindra & Mahindra Ltd. | 1.48% | 1.41% | -0.07% |
| Maruti Suzuki India Ltd. | 1.20% | 1.13% | -0.07% |
| Max Financial Services Ltd. | 1.89% | 1.96% | +0.07% |
| Petronet LNG Ltd. | 1.18% | 1.25% | +0.07% |
| Emami Ltd. | 0.75% | 0.68% | -0.07% |
| Hindustan Unilever Ltd. | 0.99% | 0.92% | -0.07% |
| Asian Paints Ltd. | 1.33% | 1.27% | -0.06% |
| Bharat Forge Ltd. | 1.27% | 1.21% | -0.06% |
| Oil India Ltd. | 1.49% | 1.55% | +0.06% |
| SRF Ltd. | 1.46% | 1.41% | -0.05% |
| Shriram Finance Ltd | 0.90% | 0.95% | +0.05% |
| Tata Motors Ltd. | 0.68% | 0.73% | +0.05% |
| Atul Ltd. | 0.63% | 0.59% | -0.04% |
| Container Corporation Of India Ltd. | 1.27% | 1.23% | -0.04% |
| Ultratech Cement Ltd. | 0.82% | 0.78% | -0.04% |
| ICICI Bank Ltd. | 8.68% | 8.71% | +0.03% |
| AU Small Finance Bank Ltd. | 1.06% | 1.09% | +0.03% |
| Indus Towers Ltd. | 1.73% | 1.70% | -0.03% |
| JK Cement Ltd. | 0.53% | 0.50% | -0.03% |
| Mphasis Ltd. | 1.20% | 1.23% | +0.03% |
| Schaeffler India Ltd. | 1.21% | 1.18% | -0.03% |
| Century Plyboards (India) Ltd. | 0.41% | 0.38% | -0.03% |
| Dalmia Bharat Ltd. | 0.60% | 0.62% | +0.02% |
| Havells India Ltd. | 1.09% | 1.07% | -0.02% |
| Larsen & Toubro Ltd. | 0.78% | 0.80% | +0.02% |
| Syngene International Ltd. | 0.75% | 0.77% | +0.02% |
| The Federal Bank Ltd. | 1.49% | 1.47% | -0.02% |
| Pfizer Ltd. | 0.47% | 0.45% | -0.02% |
| Infosys Ltd. | 1.31% | 1.30% | -0.01% |
| SBI Cards And Payment Services Ltd. | 0.30% | 0.29% | -0.01% |
| Tata Consultancy Services Ltd. | 1.39% | 1.40% | +0.01% |
| Vishal Mega Mart Ltd. | 0.63% | 0.64% | +0.01% |
| KEC International Ltd. | 0.15% | 0.14% | -0.01% |
| HDB Financial Services Ltd. | 0.57% | 0.56% | -0.01% |
| The Phoenix Mills Ltd. | 1.88% | 1.87% | -0.01% |
| City Online Services Ltd. | 0.00% | 0.00% | 0.00% |
| Supreme Industries Ltd. | 0.00% | 0.00% | 0.00% |
| Bharat Petroleum Corporation Ltd. | 1.44% | 1.44% | 0.00% |
| GSPL Transmission Ltd. | 0.05% | 0.05% | 0.00% |
| Hyundai Motor India Ltd. | 0.59% | 0.59% | 0.00% |
| Tata Capital Ltd. | 1.04% | 1.04% | 0.00% |
| Tube Investments Of India Ltd. | 1.05% | 1.05% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹18,618 Cr | 2.10% | 8.1% | 10.6% | 16.1% |
 ICICI Prudential Large & Mid Cap Fund | ₹33,592 Cr | 2.04% | -1.6% | 6.3% | 13.0% |
 Bandhan Large & Mid Cap Fund | ₹21,020 Cr | 2.30% | 2.4% | 8.1% | 15.2% |
 Motilal Oswal Large and Midcap Fund | ₹20,159 Cr | 1.81% | 16.0% | 14.1% | 19.5% |
 Invesco India Large & Mid Cap Fund | ₹12,387 Cr | 1.87% | 12.9% | 13.8% | 18.1% |
 HSBC Large and Mid Cap Fund | ₹5,931 Cr | 2.47% | 10.7% | 10.7% | 14.9% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeking to generate long term appreciation from a portfolio constituted of equity and equity related securities of large and midcap companies.
Fund managers
- Nilesh AiyaChartered AccountantPrior to joining the DSP AMC, he was associated with Edelweiss Securities Ltd, KPMG.
- Rohit SinghaniaMr. Singhania is an MMS.Prior to joining DSP AMC he has worked with HDFC Securities Ltd. and IL&FS Investsmart Limited.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months4.59% absolute | ₹60,000 | ₹62,754 | 4.59% | |
| 1 year−0.88% annualised | ₹1,20,000 | ₹1,19,430 | −0.48% | |
| 3 years11.96% annualised | ₹3,60,000 | ₹4,34,796 | 20.78% | |
| 5 years10.30% annualised | ₹6,00,000 | ₹7,87,241 | 31.21% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of DSP Large & Mid Cap Fund?
The NAV of DSP Large & Mid Cap Fund is ₹598.32 as on 25 Sep 2026.
What is the expense ratio of DSP Large & Mid Cap Fund?
The expense ratio of DSP Large & Mid Cap Fund is 1.86% per year.
What is the minimum SIP amount for DSP Large & Mid Cap Fund?
You can start a SIP in DSP Large & Mid Cap Fund with ₹3,000 a month.
What returns has DSP Large & Mid Cap Fund given?
DSP Large & Mid Cap Fund has returned -6.0% over 1 year, 3.2% over 3 years and 10.5% over 5 years (annualised).
Is there a lock-in or exit load on DSP Large & Mid Cap Fund?
Lock-in: None. Exit load: Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 1 months..
How risky is DSP Large & Mid Cap Fund?
DSP Large & Mid Cap Fund is rated Very High on the SEBI riskometer and belongs to the Large & MidCap category.
Which fund house manages DSP Large & Mid Cap Fund?
DSP Large & Mid Cap Fund is managed by DSP Mutual Fund, which runs 60 schemes with ₹2,33,296 Cr under management.