DSP Large Cap Fund
Large CapVery HighOPEN-ENDED
- NAV as on 9 Nov 2026
- ₹476.04+0.05%1 day
- Return since launch
- 18.0%
- 52-week range
- ₹423.20 — ₹489.58
- AUM
- ₹6,642 Cr
DSP Large Cap Fund is a Large Cap equity fund from DSP Mutual Fund with ₹6,642 Cr under management, launched in 2003. Over three years it has returned 5.3% a year, against 11.0% for its category. The expense ratio is 2.06% and the SEBI riskometer reading is Very High.
Performance
DSP Large Cap Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned -1.3% against -0.3% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 6.5% | +5.8 pts | 0.7% | 6.5% |
| 2Y | 3.5% | −1.5 pts | 5.0% | 4.3% |
| 3Y | 5.3% | −5.7 pts | 11.0% | 5.0% |
| 5Y | 10.3% | +2.2 pts | 8.1% | 9.0% |
| 7Y | 11.9% | +0.4 pts | 11.5% | 11.1% |
| 10Y | 11.4% | −0.3 pts | 11.7% | 10.9% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 11.2% | +1.5 pts | 9.7% | 9.7% |
| 3M | 2.0% | +1.0 pts | 1.1% | 0.7% |
| 6M | 5.5% | −0.8 pts | 6.2% | 5.8% |
| 1Y | -0.9% | −1.6 pts | 0.7% | 0.1% |
| 2Y | 2.0% | −0.8 pts | 2.8% | 2.6% |
| 3Y | 12.1% | +1.1 pts | 11.0% | 11.0% |
| 5Y | 9.3% | +1.2 pts | 8.1% | 8.0% |
| 7Y | 11.6% | −0.9 pts | 12.4% | 11.4% |
| 10Y | 10.7% | −1.0 pts | 11.7% | 10.8% |
Since launch (10 Feb 2003): 18.0%
Calendar-year returns
Category average7.5%
19.5%
1.4%
26.6%
20.3%
8.4%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 8.4% | −0.1 pts | 8.5% |
| 2024 | 20.3% | +4.0 pts | 16.3% |
| 2023 | 26.6% | +1.3 pts | 25.3% |
| 2022 | 1.4% | −1.7 pts | 3.2% |
| 2021 | 19.5% | −7.7 pts | 27.2% |
| 2020 | 7.5% | −7.5 pts | 15.0% |
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
2.02%
Expense ratio as on 6 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.53%
- Brokerage
- 0.06%
- Transaction charges
- 0.00%
- Statutory levies
- 0.43%
- Exit load
- Exit load of 1% if redeemed less than 12 months
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY 100 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 | 1.25 | 2.70 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 0.88 | 1.03 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.37 | 0.44 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.50 | 0.58 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 13.35 | 15.78 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 4 category peers | |||
Portfolio
DSP Large Cap Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Equity98.0%
- Other2.0%
Market cap split
- Large92.1%
- Mid7.9%
- P/E
- 18.48
- P/B
- 2.66
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| HDFC Bank Ltd. | Financial | 10.08% | ₹670 Cr | +10.06% | +9.31% | +8.65% |
| ICICI Bank Ltd. | Financial | 9.72% | ₹646 Cr | +9.91% | +8.02% | +7.18% |
| Bharti Airtel Ltd. | Communication | 6.04% | ₹401 Cr | +5.04% | +2.15% | — |
| Axis Bank Ltd. | Financial | 5.91% | ₹392 Cr | +5.99% | +5.61% | +5.07% |
| Mahindra & Mahindra Ltd. | Automobile | 4.84% | ₹321 Cr | +5.00% | +5.23% | +5.72% |
| Larsen & Toubro Ltd. | Construction | 4.74% | ₹315 Cr | +4.66% | — | — |
| Reliance Industries Ltd. | Energy | 4.06% | ₹269 Cr | +4.08% | — | — |
| Infosys Ltd. | Technology | 3.99% | ₹265 Cr | +4.30% | +5.43% | +5.48% |
| ITC Ltd. | Consumer Staples | 3.97% | ₹264 Cr | +5.62% | +7.13% | +5.90% |
| NTPC Ltd. | Energy | 3.08% | ₹204 Cr | +3.14% | +4.11% | +4.93% |
| SBI Life Insurance Company Ltd. | Insurance | 2.78% | ₹185 Cr | +2.57% | +2.81% | +4.11% |
| Cipla Ltd. | Healthcare | 2.76% | ₹183 Cr | +3.25% | +4.59% | +4.61% |
| HDFC Life Insurance Co Ltd. | Insurance | 2.74% | ₹182 Cr | +2.80% | +3.12% | +2.07% |
| Ultratech Cement Ltd. | Materials | 2.73% | ₹181 Cr | +2.59% | — | — |
| Kotak Mahindra Bank Ltd. | Financial | 2.50% | ₹166 Cr | +2.52% | +5.04% | +5.06% |
| Maruti Suzuki India Ltd. | Automobile | 2.38% | ₹158 Cr | +2.46% | +1.48% | — |
| Asian Paints Ltd. | Materials | 2.32% | ₹154 Cr | +1.06% | — | — |
| DLF Ltd. | Construction | 2.19% | ₹146 Cr | +1.86% | — | — |
| Hero Motocorp Ltd. | Automobile | 2.12% | ₹141 Cr | +1.92% | — | — |
| Others | Others | 1.99% | ₹133 Cr | +0.28% | +1.52% | -1.04% |
| Hyundai Motor India Ltd. | Automobile | 1.79% | ₹119 Cr | +1.57% | — | — |
| Hindustan Aeronautics Ltd. | Capital Goods | 1.63% | ₹108 Cr | +2.18% | — | — |
| Oil And Natural Gas Corporation Ltd. | Energy | 1.40% | ₹93.21 Cr | +1.07% | +2.02% | +3.05% |
| Petronet LNG Ltd. | Energy | 1.39% | ₹92.10 Cr | +1.26% | +1.52% | +1.31% |
| GAIL (India) Ltd. | Energy | 1.30% | ₹86.04 Cr | +1.22% | +2.06% | +2.23% |
| Power Grid Corporation Of India Ltd. | Energy | 1.18% | ₹78.15 Cr | — | — | — |
| Bharat Petroleum Corporation Ltd. | Energy | 1.07% | ₹71.09 Cr | +0.99% | — | — |
| Life Insurance Corporation of India | Insurance | 1.05% | ₹70.00 Cr | +0.85% | +0.77% | +0.96% |
| Info Edge (India) Ltd. | Services | 0.93% | ₹61.51 Cr | +0.93% | — | — |
| Interglobe Aviation Ltd. | Services | 0.91% | ₹60.21 Cr | +0.64% | — | — |
| State Bank of India | Financial | 0.79% | ₹52.75 Cr | +0.79% | +1.80% | +3.60% |
| Page Industries Ltd. | Textiles | 0.76% | ₹50.66 Cr | +0.40% | — | — |
| United Spirits Ltd. | Consumer Staples | 0.75% | ₹50.01 Cr | +1.07% | — | — |
| Shree Cement Ltd. | Materials | 0.73% | ₹48.40 Cr | +0.76% | — | — |
| Tata Motors Ltd. | Automobile | 0.61% | ₹40.55 Cr | +0.71% | +0.72% | — |
| Trent Ltd. | Services | 0.53% | ₹35.16 Cr | +0.61% | — | — |
| ICICI Life Insurance Ltd. | Insurance | 0.49% | ₹32.39 Cr | +0.17% | — | — |
| Indus Towers Ltd. | Communication | 0.48% | ₹32.05 Cr | +0.47% | +1.24% | +1.52% |
| Indian Oil Corporation Ltd. | Energy | 0.38% | ₹25.15 Cr | +0.36% | — | — |
| Bank Of Baroda | Financial | 0.34% | ₹22.29 Cr | — | — | — |
| Procter & Gamble Hygiene and Health Care Ltd. | Consumer Staples | 0.31% | ₹20.40 Cr | — | — | — |
| Hindustan Petroleum Corporation Ltd. | Energy | 0.24% | ₹15.77 Cr | +0.25% | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| ITC Ltd. | 5.06% | 3.97% | -1.09% |
| HDFC Bank Ltd. | 9.44% | 10.08% | +0.64% |
| Infosys Ltd. | 4.52% | 3.99% | -0.53% |
| ICICI Bank Ltd. | 10.15% | 9.72% | -0.43% |
| Hindustan Aeronautics Ltd. | 1.94% | 1.63% | -0.31% |
| ICICI Life Insurance Ltd. | 0.18% | 0.49% | +0.31% |
| Cipla Ltd. | 2.98% | 2.76% | -0.22% |
| United Spirits Ltd. | 0.97% | 0.75% | -0.22% |
| Hero Motocorp Ltd. | 1.91% | 2.12% | +0.21% |
| Bharti Airtel Ltd. | 5.83% | 6.04% | +0.21% |
| Mahindra & Mahindra Ltd. | 5.04% | 4.84% | -0.20% |
| NTPC Ltd. | 2.92% | 3.08% | +0.16% |
| Oil And Natural Gas Corporation Ltd. | 1.25% | 1.40% | +0.15% |
| Others | 0.14% | 0.28% | +0.14% |
| Asian Paints Ltd. | 2.19% | 2.32% | +0.13% |
| SBI Life Insurance Company Ltd. | 2.67% | 2.78% | +0.11% |
| DLF Ltd. | 2.10% | 2.19% | +0.09% |
| Kotak Mahindra Bank Ltd. | 2.42% | 2.50% | +0.08% |
| Power Grid Corporation Of India Ltd. | 1.11% | 1.18% | +0.07% |
| HDFC Life Insurance Co Ltd. | 2.68% | 2.74% | +0.06% |
| Page Industries Ltd. | 0.70% | 0.76% | +0.06% |
| Ultratech Cement Ltd. | 2.67% | 2.73% | +0.06% |
| Info Edge (India) Ltd. | 0.99% | 0.93% | -0.06% |
| Hyundai Motor India Ltd. | 1.84% | 1.79% | -0.05% |
| Axis Bank Ltd. | 5.86% | 5.91% | +0.05% |
| GAIL (India) Ltd. | 1.26% | 1.30% | +0.04% |
| Procter & Gamble Hygiene and Health Care Ltd. | 0.34% | 0.31% | -0.03% |
| Tata Motors Ltd. | 0.64% | 0.61% | -0.03% |
| State Bank of India | 0.82% | 0.79% | -0.03% |
| Larsen & Toubro Ltd. | 4.77% | 4.74% | -0.03% |
| Reliance Industries Ltd. | 4.08% | 4.06% | -0.02% |
| Bank Of Baroda | 0.32% | 0.34% | +0.02% |
| Interglobe Aviation Ltd. | 0.89% | 0.91% | +0.02% |
| Shree Cement Ltd. | 0.71% | 0.73% | +0.02% |
| Petronet LNG Ltd. | 1.37% | 1.39% | +0.02% |
| Maruti Suzuki India Ltd. | 2.39% | 2.38% | -0.01% |
| Indian Oil Corporation Ltd. | 0.37% | 0.38% | +0.01% |
| Indus Towers Ltd. | 0.47% | 0.48% | +0.01% |
| Life Insurance Corporation of India | 1.04% | 1.05% | +0.01% |
| Trent Ltd. | 0.54% | 0.53% | -0.01% |
| Hindustan Petroleum Corporation Ltd. | 0.23% | 0.24% | +0.01% |
| Bharat Petroleum Corporation Ltd. | 1.07% | 1.07% | 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 | ₹2,262 Cr | 2.38% | 11.0% | 7.5% | 11.7% |
 Quant Large Cap Fund | ₹3,669 Cr | 2.75% | 11.5% | 6.5% | — |
 Bandhan Large Cap Fund | ₹2,098 Cr | 2.20% | 10.6% | 7.7% | 11.2% |
 Invesco India Large Cap Fund | ₹1,995 Cr | 2.14% | 14.1% | 9.0% | 12.2% |
 WhiteOak Capital Large Cap Fund | ₹1,287 Cr | 2.45% | 8.0% | 6.9% | — |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to generate capital appreciation from a portfolio that largely consists of equity and equity related securities of the 100 largest corporates, by market capitalisation, listed on either BSE or NSE.
Fund managers
- Anish TawakleyMr. Tawakley has done PGDM (MBA) from IIM Bangalore and B. Tech (Mechanical Engineering) from IIT DelhiPrior joining to DSP MF, he has worked with ICICI AMC, Barclays India - Equity Research, Credit Suisse India - Equity research - Indian financial services sector,
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 months5.46% absolute | ₹60,000 | ₹63,276 | 5.46% | |
| 1 year−0.93% annualised | ₹1,20,000 | ₹1,19,397 | −0.50% | |
| 3 years12.10% annualised | ₹3,60,000 | ₹4,35,780 | 21.05% | |
| 5 years9.34% annualised | ₹6,00,000 | ₹7,66,934 | 27.82% |
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 Cap Fund?
The NAV of DSP Large Cap Fund is ₹476.04 as on 9 Nov 2026.
What is the expense ratio of DSP Large Cap Fund?
The expense ratio of DSP Large Cap Fund is 2.06% per year.
What is the minimum SIP amount for DSP Large Cap Fund?
You can start a SIP in DSP Large Cap Fund with ₹3,000 a month.
What returns has DSP Large Cap Fund given?
DSP Large Cap Fund has returned 6.5% over 1 year, 5.3% over 3 years and 10.3% over 5 years (annualised).
Is there a lock-in or exit load on DSP Large Cap Fund?
Lock-in: None. Exit load: Exit load of 1% if redeemed less than 12 months.
How risky is DSP Large Cap Fund?
DSP Large Cap Fund is rated Very High on the SEBI riskometer and belongs to the Large Cap category.
Which fund house manages DSP Large Cap Fund?
DSP Large Cap Fund is managed by DSP Mutual Fund, which runs 60 schemes with ₹2,47,696 Cr under management.