DSP Multi Cap Fund
Multi CapVery HighOPEN-ENDED
- NAV as on 6 Nov 2026
- ₹11.98+0.81%1 day
- Return since launch
- 6.7%
- 52-week range
- ₹10.37 — ₹12.51
- AUM
- ₹2,878 Cr
DSP Multi Cap Fund is a Multi Cap equity fund from DSP Mutual Fund with ₹2,878 Cr under management, launched in 2024. The expense ratio is 2.08% and the SEBI riskometer reading is Very High.
Performance
DSP Multi Cap Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned -0.7% against 0.0% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 2.0% | −2.1 pts | 4.0% | 6.9% |
| 2Y | 2.0% | −4.7 pts | 6.8% | 4.5% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 1.0% | −1.8 pts | 2.8% | 4.6% |
| 3M | -3.2% | −1.9 pts | -1.3% | -1.3% |
| 6M | -0.4% | −3.9 pts | 3.5% | 4.5% |
| 1Y | -0.7% | −4.7 pts | 4.0% | -0.2% |
| 2Y | -2.0% | −4.6 pts | 2.6% | 1.2% |
Since launch (8 Jan 2024): 6.7%
Calendar-year returns
Category average0.3%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 0.3% | −3.3 pts | 3.6% |
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
2.06%
Expense ratio as on 6 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.68%
- Brokerage
- 0.03%
- Transaction charges
- 0.00%
- Statutory levies
- 0.35%
- Exit load
- Exit load of 1%, if redeemed within 12 months.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- Nifty 500 Multicap 50:25:25 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.
Portfolio
DSP Multi Cap Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Equity95.9%
- Other4.1%
Market cap split
- Large35.1%
- Mid31.0%
- Small33.9%
- P/E
- 26.45
- P/B
- 3.30
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| HDFC Bank Ltd. | Financial | 6.40% | ₹184 Cr | +5.11% | +5.73% | +4.16% |
| ICICI Bank Ltd. | Financial | 5.38% | ₹155 Cr | +4.02% | +4.32% | +2.96% |
| Others | Others | 4.11% | ₹118 Cr | -0.05% | -0.84% | -1.06% |
| Axis Bank Ltd. | Financial | 3.78% | ₹109 Cr | +4.08% | +4.31% | +3.96% |
| Max Financial Services Ltd. | Financial | 3.55% | ₹102 Cr | +2.36% | +2.72% | +2.71% |
| Alkem Laboratories Ltd. | Healthcare | 3.26% | ₹93.94 Cr | +1.79% | — | — |
| Info Edge (India) Ltd. | Services | 2.96% | ₹85.06 Cr | +2.33% | — | — |
| Coforge Ltd. | Technology | 2.87% | ₹82.75 Cr | +2.37% | +1.96% | +2.64% |
| Kirloskar Oil Engines Ltd. | Capital Goods | 2.83% | ₹81.56 Cr | +2.86% | +1.97% | +1.28% |
| Mahindra & Mahindra Ltd. | Automobile | 2.76% | ₹79.45 Cr | +1.51% | +1.78% | +1.94% |
| Cipla Ltd. | Healthcare | 2.72% | ₹78.39 Cr | +2.39% | +2.44% | +2.82% |
| Hero Motocorp Ltd. | Automobile | 2.62% | ₹75.27 Cr | +2.35% | +3.04% | +3.10% |
| APL Apollo Tubes Ltd. | Metals & Mining | 2.43% | ₹70.07 Cr | +1.96% | +2.59% | +2.13% |
| ICICI Lombard General Insurance Company Ltd. | Insurance | 2.43% | ₹70.08 Cr | +2.61% | +2.61% | +1.44% |
| Gland Pharma Ltd. | Healthcare | 2.25% | ₹64.83 Cr | +2.34% | +1.95% | +2.16% |
| Physicswallah Ltd. | Services | 2.09% | ₹60.20 Cr | +2.07% | +1.78% | — |
| Coal India Ltd. | Materials | 2.00% | ₹57.62 Cr | +2.03% | +2.55% | +2.09% |
| ICICI Life Insurance Ltd. | Insurance | 1.95% | ₹56.26 Cr | +1.85% | +1.99% | +2.19% |
| Kei Industries Ltd. | Capital Goods | 1.93% | ₹55.59 Cr | +2.37% | +1.19% | +0.63% |
| HDFC Asset Management Company Ltd. | Financial | 1.85% | ₹53.35 Cr | — | — | — |
| UTI Asset Management Company Ltd. | Financial | 1.75% | ₹50.51 Cr | +1.83% | +2.24% | +1.97% |
| Ipca Laboratories Ltd. | Healthcare | 1.67% | ₹48.21 Cr | +1.45% | +1.28% | +1.01% |
| Bharat Petroleum Corporation Ltd. | Energy | 1.64% | ₹47.28 Cr | +1.11% | +1.25% | — |
| Schaeffler India Ltd. | Capital Goods | 1.64% | ₹47.14 Cr | +1.73% | +2.78% | +3.67% |
| Sai Life Sciences Ltd. | Healthcare | 1.57% | ₹45.14 Cr | +1.25% | +1.20% | +0.84% |
| Sudarshan Chemical Industries Ltd. | Chemicals | 1.55% | ₹44.65 Cr | +0.76% | +0.72% | +1.10% |
| Cyient Ltd. | Technology | 1.47% | ₹42.20 Cr | +1.24% | +1.31% | +1.56% |
| Tube Investments Of India Ltd. | Automobile | 1.44% | ₹41.49 Cr | +1.78% | +1.81% | — |
| Polycab India Ltd. | Capital Goods | 1.43% | ₹41.04 Cr | +1.74% | +1.46% | +1.27% |
| Archean Chemical Industries Ltd. | Chemicals | 1.40% | ₹40.38 Cr | +1.48% | +2.04% | +2.26% |
| Indigo Paints Ltd. | Materials | 1.32% | ₹38.03 Cr | +1.10% | +0.50% | +0.60% |
| Hindustan Aeronautics Ltd. | Capital Goods | 1.31% | ₹37.68 Cr | +0.70% | +0.68% | — |
| Apollo Hospitals Enterprise Ltd. | Healthcare | 1.22% | ₹34.99 Cr | +1.27% | +1.33% | +1.25% |
| Syngene International Ltd. | Healthcare | 1.22% | ₹35.21 Cr | +1.45% | +1.57% | +2.19% |
| Siemens Ltd. | Capital Goods | 1.19% | ₹34.20 Cr | +1.13% | +1.13% | +1.13% |
| Emami Ltd. | Consumer Staples | 1.17% | ₹33.53 Cr | +1.22% | +1.46% | +0.77% |
| Bayer CropScience Ltd. | Chemicals | 1.11% | ₹31.99 Cr | +1.25% | +1.71% | +1.67% |
| Century Plyboards (India) Ltd. | Materials | 1.07% | ₹30.76 Cr | +1.16% | +1.32% | +1.45% |
| Cohance Lifesciences Ltd. | Healthcare | 1.07% | ₹30.70 Cr | +1.08% | +0.87% | +1.57% |
| ITC Ltd. | Consumer Staples | 1.05% | ₹30.13 Cr | +1.12% | +1.38% | +1.82% |
| PG Electroplast Ltd. | Capital Goods | 1.02% | ₹29.42 Cr | +1.09% | +1.17% | +1.18% |
| Canara HSBC Life Insurance Company Ltd. | Insurance | 1.01% | ₹28.96 Cr | +0.93% | +1.15% | — |
| Jubilant Ingrevia Ltd. | Chemicals | 1.00% | ₹28.69 Cr | +0.91% | +1.00% | +1.11% |
| Prince Pipes and Fittings Ltd. | Materials | 1.00% | ₹28.71 Cr | +1.10% | +0.97% | +1.42% |
| JNK India Ltd. | Capital Goods | 0.98% | ₹28.28 Cr | +1.11% | +0.57% | +0.71% |
| Nippon Life India Asset Management Ltd. | Financial | 0.98% | ₹28.25 Cr | +1.05% | +2.81% | +3.21% |
| NTPC Ltd. | Energy | 0.90% | ₹25.86 Cr | +0.98% | +1.24% | +1.08% |
| Dodla Dairy Ltd | Consumer Staples | 0.83% | ₹23.79 Cr | +0.90% | +0.95% | +1.22% |
| Vardhman Textiles Ltd. | Textiles | 0.80% | ₹22.93 Cr | +0.93% | +0.94% | +0.54% |
| Gopal Snacks Ltd. | Consumer Staples | 0.79% | ₹22.73 Cr | +0.85% | +0.96% | +1.05% |
| Indoco Remedies Ltd. | Healthcare | 0.69% | ₹19.95 Cr | +0.62% | +0.32% | +0.53% |
| IFGL Refractories Ltd. | Capital Goods | 0.66% | ₹19.03 Cr | +0.59% | +0.49% | +1.11% |
| Seshaasai Technologies Ltd. | Services | 0.61% | ₹17.53 Cr | +0.54% | +0.45% | +0.82% |
| IFB Industries Ltd. | Consumer Discretionary | 0.48% | ₹13.74 Cr | +0.60% | +0.51% | +0.90% |
| R Systems International Ltd. | Technology | 0.42% | ₹12.12 Cr | +0.35% | +0.42% | +0.68% |
| Alembic Pharmaceuticals Ltd. | Healthcare | 0.37% | ₹10.54 Cr | +0.36% | +0.35% | +0.45% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Hexaware Technologies Ltd. | 0.91% | 0.00% | -0.91% |
| Tenneco Clean Air India Ltd | 0.69% | 0.00% | -0.69% |
| Kei Industries Ltd. | 2.37% | 1.93% | -0.44% |
| Nuvama Wealth Management Ltd. | 0.39% | 0.00% | -0.39% |
| Kirloskar Oil Engines Ltd. | 2.46% | 2.83% | +0.37% |
| Others | 0.18% | -0.16% | -0.34% |
| HDFC Bank Ltd. | 6.09% | 6.40% | +0.31% |
| Alkem Laboratories Ltd. | 3.00% | 3.26% | +0.26% |
| ICICI Bank Ltd. | 5.63% | 5.38% | -0.25% |
| Max Financial Services Ltd. | 3.31% | 3.55% | +0.24% |
| Coforge Ltd. | 3.10% | 2.87% | -0.23% |
| Physicswallah Ltd. | 1.87% | 2.09% | +0.22% |
| Coal India Ltd. | 1.80% | 2.00% | +0.20% |
| HDFC Asset Management Company Ltd. | 2.03% | 1.85% | -0.18% |
| Polycab India Ltd. | 1.60% | 1.43% | -0.17% |
| Tube Investments Of India Ltd. | 1.61% | 1.44% | -0.17% |
| ICICI Lombard General Insurance Company Ltd. | 2.27% | 2.43% | +0.16% |
| Mahindra & Mahindra Ltd. | 2.92% | 2.76% | -0.16% |
| Crompton Greaves Consumer Electricals Ltd. | 0.16% | 0.00% | -0.16% |
| Sai Life Sciences Ltd. | 1.43% | 1.57% | +0.14% |
| PG Electroplast Ltd. | 1.15% | 1.02% | -0.13% |
| Gland Pharma Ltd. | 2.13% | 2.25% | +0.12% |
| Emami Ltd. | 1.06% | 1.17% | +0.11% |
| UTI Asset Management Company Ltd. | 1.65% | 1.75% | +0.10% |
| Prince Pipes and Fittings Ltd. | 1.09% | 1.00% | -0.09% |
| IFB Industries Ltd. | 0.57% | 0.48% | -0.09% |
| APL Apollo Tubes Ltd. | 2.35% | 2.43% | +0.08% |
| ITC Ltd. | 0.97% | 1.05% | +0.08% |
| Indoco Remedies Ltd. | 0.61% | 0.69% | +0.08% |
| R Systems International Ltd. | 0.35% | 0.42% | +0.07% |
| Archean Chemical Industries Ltd. | 1.33% | 1.40% | +0.07% |
| Info Edge (India) Ltd. | 3.03% | 2.96% | -0.07% |
| Syngene International Ltd. | 1.28% | 1.22% | -0.06% |
| Century Plyboards (India) Ltd. | 1.13% | 1.07% | -0.06% |
| ICICI Life Insurance Ltd. | 1.90% | 1.95% | +0.05% |
| JNK India Ltd. | 0.93% | 0.98% | +0.05% |
| Bayer CropScience Ltd. | 1.16% | 1.11% | -0.05% |
| Apollo Hospitals Enterprise Ltd. | 1.26% | 1.22% | -0.04% |
| Ipca Laboratories Ltd. | 1.63% | 1.67% | +0.04% |
| Nippon Life India Asset Management Ltd. | 1.02% | 0.98% | -0.04% |
| Axis Bank Ltd. | 3.81% | 3.78% | -0.03% |
| Hero Motocorp Ltd. | 2.59% | 2.62% | +0.03% |
| Bharat Petroleum Corporation Ltd. | 1.67% | 1.64% | -0.03% |
| Cohance Lifesciences Ltd. | 1.04% | 1.07% | +0.03% |
| Hindustan Aeronautics Ltd. | 1.28% | 1.31% | +0.03% |
| NTPC Ltd. | 0.87% | 0.90% | +0.03% |
| Siemens Ltd. | 1.22% | 1.19% | -0.03% |
| Gopal Snacks Ltd. | 0.82% | 0.79% | -0.03% |
| IFGL Refractories Ltd. | 0.69% | 0.66% | -0.03% |
| Schaeffler India Ltd. | 1.61% | 1.64% | +0.03% |
| Alembic Pharmaceuticals Ltd. | 0.35% | 0.37% | +0.02% |
| Cyient Ltd. | 1.49% | 1.47% | -0.02% |
| Jubilant Ingrevia Ltd. | 0.98% | 1.00% | +0.02% |
| Seshaasai Technologies Ltd. | 0.63% | 0.61% | -0.02% |
| Cipla Ltd. | 2.71% | 2.72% | +0.01% |
| Indigo Paints Ltd. | 1.33% | 1.32% | -0.01% |
| Vardhman Textiles Ltd. | 0.81% | 0.80% | -0.01% |
| Canara HSBC Life Insurance Company Ltd. | 1.01% | 1.01% | 0.00% |
| Dodla Dairy Ltd | 0.83% | 0.83% | 0.00% |
| Sudarshan Chemical Industries Ltd. | 1.55% | 1.55% | 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 | ₹5,514 Cr | 2.19% | 13.1% | 10.5% | 14.5% |
 Axis Multicap Fund | ₹11,972 Cr | 1.97% | 17.2% | 11.8% | — |
 Mahindra Manulife Multi Cap Fund | ₹7,457 Cr | 2.18% | 13.1% | 10.1% | 14.5% |
 WhiteOak Capital Multi Cap Fund | ₹4,610 Cr | 2.21% | 9.9% | 10.2% | — |
 LIC MF Multi Cap Fund | ₹2,187 Cr | 2.15% | 12.4% | 10.0% | — |
 Bank of India Multi Cap Fund | ₹1,344 Cr | 2.45% | 13.0% | 10.6% | — |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
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.
Fund managers
- Chirag DagliMr. 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.
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 months−0.42% absolute | ₹60,000 | ₹59,748 | −0.42% | |
| 1 year−0.65% annualised | ₹1,20,000 | ₹1,19,578 | −0.35% |
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 Multi Cap Fund?
The NAV of DSP Multi Cap Fund is ₹11.98 as on 6 Nov 2026.
What is the expense ratio of DSP Multi Cap Fund?
The expense ratio of DSP Multi Cap Fund is 2.08% per year.
What is the minimum SIP amount for DSP Multi Cap Fund?
You can start a SIP in DSP Multi Cap Fund with ₹3,000 a month.
Is there a lock-in or exit load on DSP Multi Cap Fund?
Lock-in: None. Exit load: Exit load of 1%, if redeemed within 12 months..
How risky is DSP Multi Cap Fund?
DSP Multi Cap Fund is rated Very High on the SEBI riskometer and belongs to the Multi Cap category.
Which fund house manages DSP Multi Cap Fund?
DSP Multi Cap Fund is managed by DSP Mutual Fund, which runs 60 schemes with ₹2,47,696 Cr under management.