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DSP Mutual Fund

DSP Large & Mid Cap Fund

DSP Mutual Fund · Direct plan · Growth

3-year returns
13%
a year
NAV
₹687.36
▲ 0.93% · 18 Sept 2026
Fund size
₹18,411 Cr
Expense ratio
0.81%
a year
Minimum SIP
₹100

Figures are for the Direct plan. The Regular plan, bought through a distributor, is at ₹607.81 and has returned 11.88% a year over 3 years.

Returns, and where it stands

Against the average large & mid cap fund, and its place among them. Anything longer than a year is a yearly rate.

PeriodThis fundCategoryRank
1 year-1.7%2.3%behind29 of 33
3 years13%13.9%behind16 of 26
5 years11.7%12.9%behind19 of 26
10 years14.4%14.5%behind12 of 19
Every period, and the Regular plan →
PeriodDirectRegular
1 month-2.6%-2.7%
3 months-1.7%-2%
6 months2.7%2.1%
1 year-1.7%-2.7%
2 yearsp.a.-1.1%-2.1%
3 yearsp.a.13%11.9%
5 yearsp.a.11.7%10.6%
7 yearsp.a.17.5%16.4%
10 yearsp.a.14.4%13.2%

Figures are for the Direct plan, and the rank compares it against the same plan of its peers, best first. Based on NAV history from Sept 2016.

Plan

NAV history

▼ 1.66% in the last 1Y

629.7679.4729.218 Sept 202520 Mar 202618 Sept 2026

Hover or tap the chart for the NAV on any date. Past NAVs are adjusted for unit splits.

If you had invested in this fund

Investment type
years
Total invested
₹1,80,000
Gain
₹15,006
XIRR (per year)
5.28%
Value today
₹1,95,006

36 monthly instalments from 22 Sept 2023, valued at the latest NAV. Past returns do not guarantee future returns.

What the ride has been like

Worked out from this fund's own NAV history, not a rating.

How bumpy
14.2% a year
0.7% less than the category average — the steadier side
Worst fall so far
−36.8%
Jan 2020 to Mar 2020, against −29.9% for the category.
Years that made money
82%
Of every one-year stretch it has been through.
Over any three years
-5.3% to 32.5%
A year, at worst and at best. Typically 17.2%.

Fund details

Minimum lumpsum
₹100
Minimum top-up
₹100
Lock-in
None
Plan started
1 Jan 2013
Portfolio turnover
0.39x
Expense ratio
0.81%
as of 31 Jul 2026

Managed by Rohit Singhania, Nilesh Aiya

Direct plan figures, last checked on 20 Sept 2026. Exit load and the scheme's benchmark are in thescheme document.

How it compares

DSP Large & Mid Cap Fund against other funds in the Large & Mid Cap Fund category
Fund1Y3Y5YExpenseFund size
Invesco India Large & Mid Cap Fund6.46%22.44%17.12%0.55%₹12,387 Cr
Motilal Oswal Large and Midcap Fund7.44%22.23%18.79%0.89%₹20,159 Cr
HSBC Large & Mid Cap Fund9.29%18.06%14.7%1.47%₹5,931 Cr
Bandhan Large & Mid Cap Fund3.44%17.61%16.87%1.23%₹19,777 Cr
Axis Large & Mid Cap Fund4.92%15.2%12.09%0.91%₹17,320 Cr
ICICI Prudential Large & Mid Cap Fund0.34%14.92%15.76%1.16%₹33,592 Cr
DSP Large & Mid Cap Fund-1.66%13.04%11.73%0.81%₹18,411 Cr

About DSP Large & Mid Cap Fund

DSP Large & Mid Cap Fund is a large & mid cap fund managed by DSP Mutual Fund. Invest at least 35% each in large-cap and mid-cap companies, balancing stability with growth.

The primary investment objective is to seek to generate long term capital appreciation from a portfolio that is substantially constituted of equity and equity related securities of large and midcap companies/entities. From time to time, the fund manager will also seek participation in other equity and equity related securities to achieve optimal portfolio construction.

The scheme's stated objective, as published by DSP Mutual Fund.

The NAV (net asset value) is the price of one unit of the fund. It is published by the fund house every business day and changes with the value of the fund's holdings. The Growth option reinvests all gains, so its NAV reflects the fund's total return.

Tax on your gains

Gains are taxed as equity: sell within 12 months and the gain is short-term, taxed at 20%. Hold longer and it is long-term, taxed at 12.5% on gains above ₹1.25 lakh in a financial year, across all your equity investments.

Work out what you would owe with the capital gains tax calculator.

Every plan and option, with scheme codes
PlanOptionNAVScheme code
DirectGrowth₹687.364119218
DirectIDCW₹102.519119219
RegularGrowth₹607.808103819
RegularIDCW₹35.568103820

Frequently asked questions

What is the NAV of DSP Large & Mid Cap Fund today?

The NAV of DSP Large & Mid Cap Fund (Direct plan, Growth) is ₹687.364 and the Regular plan NAV is ₹607.808, as of 18 Sept 2026.

What returns has DSP Large & Mid Cap Fund given?

Over the last year the Direct plan returned -1.66%, and 13.04% a year over 3 years and 11.73% a year over 5 years. That places it 16 of 26 funds in its category over 3 years. Past returns do not guarantee future returns.

What is the expense ratio of DSP Large & Mid Cap Fund?

The Direct plan charges 0.81% a year, as disclosed on 31 Jul 2026. The fee is already taken out of the NAV, so the returns above are what you keep.

What is the minimum SIP amount in DSP Large & Mid Cap Fund?

You can start a monthly SIP with ₹100, or invest a lump sum of ₹100 or more.

How much has DSP Large & Mid Cap Fund fallen in the past?

Its deepest fall was 36.8% from 24 Jan 2020 to 23 Mar 2020. Of every one-year stretch in its history, 82% ended in a gain.

Which category does DSP Large & Mid Cap Fund belong to?

It is a Large & Mid Cap Fund from DSP Mutual Fund. Invest at least 35% each in large-cap and mid-cap companies, balancing stability with growth.

What is the difference between the Direct and Regular plan?

Both invest in the same portfolio. The Direct plan is bought straight from the fund house or a direct platform and has a lower expense ratio because no distributor commission is paid, so its NAV grows slightly faster over time.

How are gains from DSP Large & Mid Cap Fund taxed?

Gains are taxed as equity: sell within 12 months and the gain is short-term, taxed at 20%. Hold longer and it is long-term, taxed at 12.5% on gains above ₹1.25 lakh in a financial year, across all your equity investments.

Source: NAVs published by the fund house through AMFI. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns. This page is for information only and is not a recommendation to buy or sell.