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DSP Mutual Fund

DSP Multi Cap Fund

DSP Mutual Fund · Direct plan · Growth

1-year returns
-0.5%
NAV
₹12.64
▲ 1.07% · 18 Sept 2026
Fund size
₹3,025 Cr
Expense ratio
0.68%
a year
Minimum SIP
₹100

Figures are for the Direct plan. The Regular plan, bought through a distributor, is at ₹12.16 and has returned -1.86% over a year.

Returns, and where it stands

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

PeriodThis fundCategoryRank
1 year-0.5%5.3%behind28 of 31
Every period, and the Regular plan →
PeriodDirectRegular
1 month-2.2%-2.3%
3 months0.7%0.3%
6 months10.7%9.9%
1 year-0.5%-1.9%
2 yearsp.a.-0.6%-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 Jan 2024.

Plan

NAV history

▼ 0.46% in the last 1Y

10.711.913.018 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
₹1,20,000
Gain
₹4,910
XIRR (per year)
3.92%
Value today
₹1,24,910

24 monthly instalments from 20 Sept 2024, 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
14.6% a year
about the same as the multi cap fund average
Worst fall so far
−21.3%
Oct 2024 to Mar 2025.
Years that made money
79.9%
Of every one-year stretch it has been through.

Fund details

Minimum lumpsum
₹100
Minimum top-up
₹100
Lock-in
None
Plan started
30 Jan 2024
Portfolio turnover
0.22x
Expense ratio
0.68%
as of 31 Jul 2026

Managed by Chirag Dagli

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

How it compares

DSP Multi Cap Fund against other funds in the Multi Cap Fund category
Fund1Y3Y5YExpenseFund size
Axis Multicap Fund8.94%19.49%1.1%₹11,985 Cr
HSBC Multi Cap Fund7.44%18.31%0.84%₹6,503 Cr
LIC MF Multi Cap Fund8.53%18.19%0.82%₹2,254 Cr
Bank of India Multi Cap Fund10.87%17.55%0.74%₹1,335 Cr
Mahindra Manulife Multi Cap Fund11.76%17.37%16.11%0.87%₹7,662 Cr
ITI Multi Cap Fund10.97%16.95%14.3%0.84%₹1,543 Cr
DSP Multi Cap Fund-0.46%0.68%₹3,025 Cr

About DSP Multi Cap Fund

DSP Multi Cap Fund is a multi cap fund managed by DSP Mutual Fund. Invest at least 25% each in large, mid and small caps, giving exposure across company sizes.

The investment objective of the scheme is to seek to generate long-term capital appreciation from a portfolio of equity and equity related securities across market capitalization. There is no assurance that the investment objective of the Scheme will be achieved.

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₹12.642152310
DirectIDCW₹11.593152309
RegularGrowth₹12.161152307
RegularIDCW₹11.224152308

Frequently asked questions

What is the NAV of DSP Multi Cap Fund today?

The NAV of DSP Multi Cap Fund (Direct plan, Growth) is ₹12.642 and the Regular plan NAV is ₹12.161, as of 18 Sept 2026.

What returns has DSP Multi Cap Fund given?

Over the last year the Direct plan returned -0.46%. Past returns do not guarantee future returns.

What is the expense ratio of DSP Multi Cap Fund?

The Direct plan charges 0.68% 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 Multi Cap Fund?

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

How much has DSP Multi Cap Fund fallen in the past?

Its deepest fall was 21.3% from 16 Oct 2024 to 3 Mar 2025. Of every one-year stretch in its history, 80% ended in a gain.

Which category does DSP Multi Cap Fund belong to?

It is a Multi Cap Fund from DSP Mutual Fund. Invest at least 25% each in large, mid and small caps, giving exposure across company sizes.

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 Multi 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.