DSP Large & Mid Cap Fund
Large & MidCapVery HighOPEN-ENDED
- NAV as on 9 Nov 2026
- ₹622.26+0.31%1 day
- Return since launch
- 17.4%
- 52-week range
- ₹558.41 — ₹650.62
- AUM
- ₹17,284 Cr
DSP Large & Mid Cap Fund is a Large & MidCap equity fund from DSP Mutual Fund with ₹17,284 Cr under management, launched in 2000. Over three years it has returned 4.7% a year, against 13.5% for its category. The expense ratio is 1.80% 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 -1.4% against -1.4% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 1.9% | −0.5 pts | 2.4% | 4.3% |
| 2Y | 2.5% | −3.5 pts | 6.0% | 3.5% |
| 3Y | 4.7% | −8.8 pts | 13.5% | 5.0% |
| 5Y | 11.3% | +0.4 pts | 10.9% | 10.5% |
| 7Y | 14.2% | −0.8 pts | 14.9% | 13.8% |
| 10Y | 13.9% | +0.4 pts | 13.5% | 13.4% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 7.8% | +1.9 pts | 6.0% | 6.1% |
| 3M | -1.2% | 0.0 pts | -1.2% | -1.5% |
| 6M | 2.5% | −2.1 pts | 4.6% | 3.7% |
| 1Y | -1.1% | −3.5 pts | 2.4% | -1.1% |
| 2Y | 1.4% | −2.1 pts | 3.6% | 2.1% |
| 3Y | 13.1% | −0.4 pts | 13.5% | 12.1% |
| 5Y | 10.7% | −0.3 pts | 10.9% | 10.0% |
| 7Y | 15.2% | −0.8 pts | 16.0% | 15.1% |
| 10Y | 13.3% | −0.2 pts | 13.5% | 12.9% |
Since launch (11 Mar 2000): 17.4%
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 6 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.39%
- Brokerage
- 0.05%
- Transaction charges
- 0.00%
- Statutory levies
- 0.40%
- 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 | 2.03 | 6.58 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 1.02 | 1.07 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.43 | 0.63 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.56 | 0.83 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 16.01 | 18.21 | 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 30 Sep 2026
Asset allocation
- Equity98.4%
- Other1.6%
Market cap split
- Large54.8%
- Mid40.4%
- Small4.8%
- P/E
- 21.37
- P/B
- 2.86
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| ICICI Bank Ltd. | Financial | 8.44% | ₹1,458 Cr | +9.21% | +7.04% | +3.69% |
| HDFC Bank Ltd. | Financial | 7.81% | ₹1,350 Cr | +8.77% | +6.62% | +4.38% |
| Axis Bank Ltd. | Financial | 5.88% | ₹1,017 Cr | +6.22% | +4.79% | +4.51% |
| State Bank of India | Financial | 3.18% | ₹549 Cr | +3.54% | +2.87% | +5.81% |
| Kotak Mahindra Bank Ltd. | Financial | 2.49% | ₹430 Cr | +2.78% | +2.12% | +3.10% |
| The Phoenix Mills Ltd. | Construction | 2.14% | ₹370 Cr | +1.80% | +1.58% | +1.63% |
| Bharti Airtel Ltd. | Communication | 2.13% | ₹368 Cr | +2.16% | +2.36% | +1.49% |
| Max Financial Services Ltd. | Financial | 1.98% | ₹342 Cr | +1.72% | +1.82% | +1.55% |
| Alkem Laboratories Ltd. | Healthcare | 1.96% | ₹339 Cr | +1.53% | +1.48% | +1.51% |
| UNO Minda Ltd. | Automobile | 1.96% | ₹338 Cr | +1.67% | +1.51% | +1.30% |
| Coromandel International Ltd. | Chemicals | 1.86% | ₹322 Cr | +1.88% | +1.53% | +1.20% |
| Coforge Ltd. | Technology | 1.77% | ₹307 Cr | +1.50% | +1.56% | +2.04% |
| Indus Towers Ltd. | Communication | 1.74% | ₹301 Cr | +1.76% | +1.50% | +1.08% |
| Others | Others | 1.63% | ₹278 Cr | +0.78% | +0.64% | -0.10% |
| Ipca Laboratories Ltd. | Healthcare | 1.60% | ₹277 Cr | +1.48% | +1.86% | +1.65% |
| APL Apollo Tubes Ltd. | Metals & Mining | 1.59% | ₹275 Cr | +1.25% | +1.17% | +0.94% |
| Fortis Healthcare Ltd. | Healthcare | 1.59% | ₹275 Cr | +1.35% | +1.29% | +1.41% |
| ICICI Lombard General Insurance Company Ltd. | Insurance | 1.56% | ₹270 Cr | +1.65% | +1.60% | +1.76% |
| Oil India Ltd. | Energy | 1.53% | ₹265 Cr | +1.24% | +1.66% | +1.91% |
| Hindustan Petroleum Corporation Ltd. | Energy | 1.52% | ₹263 Cr | +1.55% | +1.07% | +1.65% |
| SRF Ltd. | Chemicals | 1.51% | ₹261 Cr | +0.66% | — | — |
| SBI Life Insurance Company Ltd. | Insurance | 1.49% | ₹258 Cr | +1.00% | +0.94% | +0.94% |
| Bharat Petroleum Corporation Ltd. | Energy | 1.44% | ₹248 Cr | +1.39% | +0.96% | +1.62% |
| Cipla Ltd. | Healthcare | 1.44% | ₹248 Cr | +1.46% | +1.13% | +1.82% |
| Schaeffler India Ltd. | Capital Goods | 1.44% | ₹249 Cr | +1.26% | +1.31% | +1.30% |
| The Federal Bank Ltd. | Financial | 1.39% | ₹241 Cr | +1.40% | +1.44% | +1.06% |
| NTPC Ltd. | Energy | 1.37% | ₹238 Cr | +1.47% | +1.27% | +1.41% |
| Mahindra & Mahindra Ltd. | Automobile | 1.35% | ₹234 Cr | +1.36% | +1.76% | +2.06% |
| Bharat Forge Ltd. | Automobile | 1.30% | ₹225 Cr | +1.26% | +1.20% | +0.87% |
| Eternal Ltd. | Services | 1.29% | ₹223 Cr | +1.31% | +1.29% | — |
| Tata Consultancy Services Ltd. | Technology | 1.27% | ₹220 Cr | +1.22% | +2.14% | — |
| Petronet LNG Ltd. | Energy | 1.26% | ₹219 Cr | +1.20% | +1.51% | +1.65% |
| Asian Paints Ltd. | Materials | 1.23% | ₹212 Cr | +1.36% | +1.10% | +0.75% |
| Infosys Ltd. | Technology | 1.22% | ₹210 Cr | +1.18% | +2.85% | +5.28% |
| Samvardhana Motherson International Ltd. | Automobile | 1.21% | ₹208 Cr | +1.31% | +1.87% | +1.57% |
| Jindal Steel Ltd. | Metals & Mining | 1.19% | ₹206 Cr | +1.07% | +1.28% | +1.41% |
| Lupin Ltd. | Healthcare | 1.19% | ₹206 Cr | +1.40% | +1.52% | +1.11% |
| Oberoi Realty Ltd. | Construction | 1.18% | ₹204 Cr | — | — | — |
| Mphasis Ltd. | Technology | 1.16% | ₹201 Cr | +1.12% | +1.21% | +1.56% |
| Container Corporation Of India Ltd. | Services | 1.14% | ₹198 Cr | +1.06% | +0.84% | +1.04% |
| AU Small Finance Bank Ltd. | Financial | 1.08% | ₹187 Cr | +1.07% | +1.44% | +1.45% |
| Maruti Suzuki India Ltd. | Automobile | 1.07% | ₹184 Cr | +1.13% | — | — |
| Tube Investments Of India Ltd. | Automobile | 1.02% | ₹177 Cr | +0.91% | +0.77% | — |
| Tata Capital Ltd. | Financial | 0.99% | ₹171 Cr | +1.06% | +1.33% | — |
| ITC Ltd. | Consumer Staples | 0.98% | ₹169 Cr | +0.78% | +0.88% | +0.95% |
| Havells India Ltd. | Capital Goods | 0.93% | ₹161 Cr | — | — | — |
| Hindustan Unilever Ltd. | Consumer Staples | 0.93% | ₹161 Cr | +1.00% | +0.77% | +1.21% |
| Metro Brands Ltd. | Consumer Discretionary | 0.91% | ₹157 Cr | +0.39% | +0.13% | — |
| Shriram Finance Ltd | Financial | 0.89% | ₹154 Cr | +1.29% | +1.89% | +0.42% |
| Ultratech Cement Ltd. | Materials | 0.80% | ₹138 Cr | +0.79% | +0.86% | +0.97% |
| Larsen & Toubro Ltd. | Construction | 0.79% | ₹137 Cr | +0.84% | +0.81% | +1.63% |
| PI Industries Ltd. | Chemicals | 0.79% | ₹137 Cr | +0.75% | — | — |
| Emami Ltd. | Consumer Staples | 0.75% | ₹130 Cr | +0.78% | +0.86% | +1.16% |
| Syngene International Ltd. | Healthcare | 0.75% | ₹129 Cr | +0.87% | +0.87% | +1.32% |
| PB Fintech Ltd. | Services | 0.72% | ₹124 Cr | — | — | — |
| Tata Motors Ltd. | Automobile | 0.70% | ₹120 Cr | +0.67% | +0.71% | — |
| Vishal Mega Mart Ltd. | Services | 0.63% | ₹108 Cr | +0.71% | +0.71% | +0.89% |
| Dalmia Bharat Ltd. | Materials | 0.60% | ₹103 Cr | +0.54% | +0.57% | +0.71% |
| Atul Ltd. | Chemicals | 0.58% | ₹101 Cr | +0.62% | +0.69% | +0.51% |
| Hyundai Motor India Ltd. | Automobile | 0.58% | ₹101 Cr | +0.53% | — | — |
| HDB Financial Services Ltd. | Financial | 0.54% | ₹93.67 Cr | +0.63% | +0.54% | +0.44% |
| Cohance Lifesciences Ltd. | Healthcare | 0.53% | ₹91.40 Cr | +0.70% | +0.53% | +1.53% |
| JK Cement Ltd. | Materials | 0.52% | ₹90.48 Cr | +0.38% | +0.37% | — |
| Pfizer Ltd. | Healthcare | 0.40% | ₹68.93 Cr | +0.44% | +0.53% | +0.57% |
| Century Plyboards (India) Ltd. | Materials | 0.37% | ₹63.44 Cr | +0.39% | +0.44% | +0.51% |
| SBI Cards And Payment Services Ltd. | Financial | 0.28% | ₹48.61 Cr | +0.27% | +0.33% | +0.46% |
| Ahluwalia Contracts (India) Ltd. | Construction | 0.25% | ₹43.88 Cr | +0.38% | +0.33% | +0.50% |
| KEC International Ltd. | Capital Goods | 0.13% | ₹22.56 Cr | +0.17% | +0.38% | +0.65% |
| GSPL Transmission Ltd. | Energy | 0.05% | ₹9.09 Cr | — | — | — |
| Supreme Industries Ltd. | Materials | 0.01% | ₹1.42 Cr | — | — | — |
| City Online Services Ltd. | Communication | 0.00% | ₹0.15 Cr | 0.00% | 0.00% | 0.00% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Oberoi Realty Ltd. | 0.70% | 1.18% | +0.48% |
| HDFC Bank Ltd. | 7.33% | 7.81% | +0.48% |
| PB Fintech Ltd. | 1.18% | 0.72% | -0.46% |
| Power Finance Corporation Ltd. | 0.41% | 0.00% | -0.41% |
| Eternal Ltd. | 1.58% | 1.29% | -0.29% |
| Metro Brands Ltd. | 0.62% | 0.91% | +0.29% |
| ICICI Bank Ltd. | 8.71% | 8.44% | -0.27% |
| The Phoenix Mills Ltd. | 1.87% | 2.14% | +0.27% |
| Schaeffler India Ltd. | 1.18% | 1.44% | +0.26% |
| Coforge Ltd. | 1.98% | 1.77% | -0.21% |
| Fortis Healthcare Ltd. | 1.78% | 1.59% | -0.19% |
| Kotak Mahindra Bank Ltd. | 2.35% | 2.49% | +0.14% |
| Havells India Ltd. | 1.07% | 0.93% | -0.14% |
| Tata Consultancy Services Ltd. | 1.40% | 1.27% | -0.13% |
| ICICI Lombard General Insurance Company Ltd. | 1.44% | 1.56% | +0.12% |
| State Bank of India | 3.30% | 3.18% | -0.12% |
| SRF Ltd. | 1.41% | 1.51% | +0.10% |
| Bharat Forge Ltd. | 1.21% | 1.30% | +0.09% |
| Container Corporation Of India Ltd. | 1.23% | 1.14% | -0.09% |
| ITC Ltd. | 0.89% | 0.98% | +0.09% |
| Infosys Ltd. | 1.30% | 1.22% | -0.08% |
| The Federal Bank Ltd. | 1.47% | 1.39% | -0.08% |
| APL Apollo Tubes Ltd. | 1.52% | 1.59% | +0.07% |
| Alkem Laboratories Ltd. | 1.89% | 1.96% | +0.07% |
| Mphasis Ltd. | 1.23% | 1.16% | -0.07% |
| Emami Ltd. | 0.68% | 0.75% | +0.07% |
| Bharti Airtel Ltd. | 2.06% | 2.13% | +0.07% |
| Ipca Laboratories Ltd. | 1.54% | 1.60% | +0.06% |
| NTPC Ltd. | 1.31% | 1.37% | +0.06% |
| Shriram Finance Ltd | 0.95% | 0.89% | -0.06% |
| Mahindra & Mahindra Ltd. | 1.41% | 1.35% | -0.06% |
| Maruti Suzuki India Ltd. | 1.13% | 1.07% | -0.06% |
| SBI Life Insurance Company Ltd. | 1.44% | 1.49% | +0.05% |
| Tata Capital Ltd. | 1.04% | 0.99% | -0.05% |
| Pfizer Ltd. | 0.45% | 0.40% | -0.05% |
| Asian Paints Ltd. | 1.27% | 1.23% | -0.04% |
| Indus Towers Ltd. | 1.70% | 1.74% | +0.04% |
| UNO Minda Ltd. | 2.00% | 1.96% | -0.04% |
| Cipla Ltd. | 1.41% | 1.44% | +0.03% |
| Hindustan Petroleum Corporation Ltd. | 1.49% | 1.52% | +0.03% |
| PI Industries Ltd. | 0.76% | 0.79% | +0.03% |
| Samvardhana Motherson International Ltd. | 1.18% | 1.21% | +0.03% |
| Tata Motors Ltd. | 0.73% | 0.70% | -0.03% |
| Tube Investments Of India Ltd. | 1.05% | 1.02% | -0.03% |
| Others | 0.38% | 0.41% | +0.03% |
| Ahluwalia Contracts (India) Ltd. | 0.27% | 0.25% | -0.02% |
| Cohance Lifesciences Ltd. | 0.51% | 0.53% | +0.02% |
| Coromandel International Ltd. | 1.84% | 1.86% | +0.02% |
| Dalmia Bharat Ltd. | 0.62% | 0.60% | -0.02% |
| HDB Financial Services Ltd. | 0.56% | 0.54% | -0.02% |
| JK Cement Ltd. | 0.50% | 0.52% | +0.02% |
| Jindal Steel Ltd. | 1.17% | 1.19% | +0.02% |
| Max Financial Services Ltd. | 1.96% | 1.98% | +0.02% |
| Oil India Ltd. | 1.55% | 1.53% | -0.02% |
| Syngene International Ltd. | 0.77% | 0.75% | -0.02% |
| Ultratech Cement Ltd. | 0.78% | 0.80% | +0.02% |
| Axis Bank Ltd. | 5.86% | 5.88% | +0.02% |
| AU Small Finance Bank Ltd. | 1.09% | 1.08% | -0.01% |
| Atul Ltd. | 0.59% | 0.58% | -0.01% |
| Century Plyboards (India) Ltd. | 0.38% | 0.37% | -0.01% |
| Hindustan Unilever Ltd. | 0.92% | 0.93% | +0.01% |
| Hyundai Motor India Ltd. | 0.59% | 0.58% | -0.01% |
| KEC International Ltd. | 0.14% | 0.13% | -0.01% |
| Larsen & Toubro Ltd. | 0.80% | 0.79% | -0.01% |
| Lupin Ltd. | 1.20% | 1.19% | -0.01% |
| Petronet LNG Ltd. | 1.25% | 1.26% | +0.01% |
| Vishal Mega Mart Ltd. | 0.64% | 0.63% | -0.01% |
| SBI Cards And Payment Services Ltd. | 0.29% | 0.28% | -0.01% |
| Supreme Industries Ltd. | 0.00% | 0.01% | +0.01% |
| City Online Services 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% |
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 | ₹12,985 Cr | 2.05% | 11.5% | 10.6% | 16.1% |
 Bandhan Large & Mid Cap Fund | ₹20,650 Cr | 2.25% | 5.6% | 7.9% | 14.9% |
 Motilal Oswal Large and Midcap Fund | ₹19,832 Cr | 1.79% | 13.3% | 12.3% | 18.5% |
 Invesco India Large & Mid Cap Fund | ₹12,439 Cr | 1.85% | 20.3% | 14.9% | 18.9% |
 UTI Large & Mid Cap Fund | ₹6,220 Cr | 1.96% | 4.1% | 6.7% | 13.1% |
 HSBC Large and Mid Cap Fund | ₹5,784 Cr | 2.40% | 14.4% | 11.2% | 15.2% |
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 months2.52% absolute | ₹60,000 | ₹61,512 | 2.52% | |
| 1 year−1.05% annualised | ₹1,20,000 | ₹1,19,320 | −0.57% | |
| 3 years13.11% annualised | ₹3,60,000 | ₹4,42,962 | 23.04% | |
| 5 years10.66% annualised | ₹6,00,000 | ₹7,95,028 | 32.50% |
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 ₹622.26 as on 9 Nov 2026.
What is the expense ratio of DSP Large & Mid Cap Fund?
The expense ratio of DSP Large & Mid Cap Fund is 1.80% 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 1.9% over 1 year, 4.7% over 3 years and 11.3% 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 ₹2,47,696 Cr under management.