DSP Large Cap Fund vs ICICI Prudential Dividend Yield Fund
Direct Plan, Growth option · Data as on 30-10-2026
DSP Large Cap Fund is a Large Cap fund and ICICI Prudential Dividend Yield Fund is a Dividend Yield fund. In the 3 years to 30-10-2026, DSP Large Cap Fund (Direct) returned 10.9% a year and ICICI Prudential Dividend Yield Fund (Direct) returned 13.4% a year. DSP Large Cap Fund charges 1.18% a year and ICICI Prudential Dividend Yield Fund 0.76% (Direct plans). Their portfolios overlap 50.9%: they hold 27 of the same securities.
ICICI Prudential Dividend Yield Fund
Dividend Yield
- 3 year return
- 13.4%
- Expense ratio
- 0.76%
- NAV
- ₹55.47
Which is better, DSP Large Cap or ICICI Prudential Dividend Yield? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- ICICI Prudential Dividend Yield returned more over 5 years: 14.7% a year against 9.1%.
- ICICI Prudential Dividend Yield returned more over 3 years: 13.4% a year against 10.9%.
- ICICI Prudential Dividend Yield costs less: 0.76% a year against 1.18% (Direct plans).
- DSP Large Cap swung less over 3 years: a standard deviation of 12.2% a year against 12.8%.
- DSP Large Cap fell less in its worst fall since 19-05-2014: −40.3% against −44.8%.
- DSP Large Cap holds more in large companies: 90.3% of the fund in large caps against 75.5%.
- DSP Large Cap is the larger fund: ₹6,642 Cr against ₹6,328 Cr.
- Their portfolios overlap 50.9%: 27 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | DSP Large Cap Fund | ICICI Prudential Dividend Yield Fund |
|---|---|---|
| Fund house | DSP Mutual Fund | ICICI Prudential Mutual Fund |
| Category | Large Cap | Dividend Yield |
| AUM | ₹6,642 Cr (30-09-2026) | ₹6,328 Cr (30-09-2026) |
| NAV | ₹484.71 (Direct) | ₹55.47 (Direct) |
| Expense ratio (Direct) | 1.18% | 0.76% |
| Expense ratio (Regular) | 2.07% | 1.92% |
| Riskometer | Very High | Not available |
| Benchmark | Nifty 100 TRI | Not available |
| Launch date | 10-03-2003 | Not available |
| Minimum investment | ₹100 | Not available |
| Lock in | None | Not available |
| Fund managers | Anish Tawakley | Not available |
| Exit load | Exit load of 1% if redeemed less than 12 months | Not available |
DSP Large Cap vs ICICI Prudential Dividend Yield: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| DSP Large Cap Fund (Direct) | +1.48% | −4.89% | −2.57% | −8.56% | +10.95% | +9.10% | +10.38% |
| ICICI Prudential Dividend Yield Fund (Direct) | −1.58% | −8.44% | −6.17% | −9.73% | +13.40% | +14.70% | +14.56% |
| Large Cap average | +0.62% | −4.36% | −1.05% | −6.33% | +10.38% | +8.23% | +11.81% |
| Dividend Yield average | −1.57% | −5.69% | −3.24% | −5.57% | +12.14% | +12.06% | -- |
Category average: the average of the 35 Large Cap funds and the 12 Dividend Yield funds, same plan type.
DSP Large Cap vs ICICI Prudential Dividend Yield: Year-wise Returns
| Year | DSP Large CapDSP Large Cap | ICICI Prudential Dividend YieldICICI Prudential Dividend Yield |
|---|---|---|
| 2026to date | −9.39% | −9.83% |
| 2025 | +9.40% | +13.23% |
| 2024 | +21.50% | +22.67% |
| 2023 | +27.60% | +40.83% |
| 2022 | +2.24% | +10.82% |
| 2021 | +20.45% | +48.66% |
DSP Large Cap vs ICICI Prudential Dividend Yield: Rolling Returns
Every holding period of both funds, against Nifty 100 TRI, the benchmark of DSP Large Cap Fund
Rolling returns
Every 3-year holding period, 2,329 of them, one for each trading day from 19-05-2017 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
DSP Large Cap Fund (Direct)
ICICI Prudential Dividend Yield Fund (Direct)
Nifty 100 TRI
to
Feb 2018Sept 2016
to
Sept 2019May 2018
to
May 2021Dec 2019
to
Dec 2022Jul 2021
to
Jul 2024Jan 2023
to
Jan 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DSP Large Cap | 2.9 | 5.2 | 22.8 | 32.5 | 29.0 | 7.3 | 0.3 | 12.5% | 12.1% | −7.4% | 28.1% | 28% |
| ICICI Prudential Dividend Yield | 8.5 | 5.2 | 7.0 | 21.4 | 14.6 | 17.5 | 25.6 | 17.5% | 17.7% | −11.1% | 42.8% | 66% |
| Nifty 100 TRI | 1.0 | 4.3 | 11.6 | 45.9 | 30.1 | 5.5 | 1.5 | 13.6% | 13.8% | −5.0% | 31.4% | -- |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is Nifty 100 TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 19-05-2014. Past returns do not promise future returns.
DSP Large Cap vs ICICI Prudential Dividend Yield: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 02-05-2014 to 30-10-2026: 150 instalments, ₹15,00,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| DSP Large CapDSP Large Cap Fund (Direct) | ₹15,00,000 | ₹30,48,874 | ₹15,48,874 | 10.8% |
| ICICI Prudential Dividend YieldICICI Prudential Dividend Yield Fund (Direct) | ₹15,00,000 | ₹41,36,046 | ₹26,36,046 | 15.2% |
DSP Large CapDSP Large Cap Fund (Direct)
ICICI Prudential Dividend YieldICICI Prudential Dividend Yield Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
DSP Large Cap vs ICICI Prudential Dividend Yield: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | DSP Large Cap Fund (Direct) | ICICI Prudential Dividend Yield Fund (Direct) |
|---|---|---|
| Return (CAGR) | −8.56% | −9.73% |
| Standard deviation | 12.79% | 12.68% |
| Sharpe ratio | -1.08 | -1.18 |
| Sortino ratio | -1.45 | -1.56 |
| Maximum drawdown | −13.3% (31-03-2026) | −12.1% (30-03-2026) |
| Beta | 0.89 | 0.86 |
| Alpha | −1.34% | −4.11% |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | DSP Large Cap Fund (Direct) | ICICI Prudential Dividend Yield Fund (Direct) |
|---|---|---|
| Return (CAGR) | +10.95% | +13.40% |
| Standard deviation | 12.19% | 12.77% |
| Sharpe ratio | 0.40 | 0.58 |
| Sortino ratio | 0.57 | 0.79 |
| Maximum drawdown | −13.3% (31-03-2026) | −15.9% (28-02-2025) |
| Beta | 0.86 | 0.87 |
| Alpha | +2.30% | +3.73% |
From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | DSP Large Cap Fund (Direct) | ICICI Prudential Dividend Yield Fund (Direct) |
|---|---|---|
| Return (CAGR) | +9.10% | +14.70% |
| Standard deviation | 12.66% | 12.69% |
| Sharpe ratio | 0.26 | 0.70 |
| Sortino ratio | 0.36 | 0.96 |
| Maximum drawdown | −18.7% (17-06-2022) | −15.9% (28-02-2025) |
| Beta | 0.87 | 0.85 |
| Alpha | +2.07% | +6.34% |
From daily NAVs, 29-10-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | DSP Large Cap Fund (Direct) | ICICI Prudential Dividend Yield Fund (Direct) |
|---|---|---|
| Return (CAGR) | +11.06% | +14.77% |
| Standard deviation | 16.29% | 14.59% |
| Sharpe ratio | 0.31 | 0.62 |
| Sortino ratio | 0.42 | 0.83 |
| Maximum drawdown | −40.3% (23-03-2020) | −44.8% (23-03-2020) |
| Beta | 0.99 | 0.84 |
| Alpha | −0.84% | +3.28% |
From daily NAVs, 02-01-2013 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
DSP Large Cap Fund (Direct)
ICICI Prudential Dividend Yield Fund (Direct)
Nifty 100 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| DSP Large Cap Fund (Direct) | −40.3% | 12-02-2020 | 23-03-2020 | 03-12-2020 | 8 months | −9.8% |
| ICICI Prudential Dividend Yield Fund (Direct) | −44.8% | 24-01-2018 | 23-03-2020 | 04-01-2021 | 9 months | −11.0% |
| Nifty 100 TRI | −37.9% | 17-01-2020 | 23-03-2020 | 06-11-2020 | 7 months | −10.1% |
From daily values since 19-05-2014, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
DSP Large Cap Fund (Direct)
ICICI Prudential Dividend Yield Fund (Direct)
Nifty 100 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
DSP Large Cap Fund (Direct)
ICICI Prudential Dividend Yield Fund (Direct)
Nifty 100 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
DSP Large Cap Fund (Direct)
ICICI Prudential Dividend Yield Fund (Direct)
Nifty 100 TRI
Against Nifty 100 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| DSP Large Cap Fund (Direct) | 99% | 101% | 4.68% |
| ICICI Prudential Dividend Yield Fund (Direct) | 102% | 86% | 6.85% |
From month-end values since 19-05-2014. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
DSP Large Cap vs ICICI Prudential Dividend Yield: Portfolio Overlap
From each fund's latest monthly portfolio: DSP Large Cap Fund, September 2026; ICICI Prudential Dividend Yield Fund, September 2026
Holdings in common
- Overlap
- 50.9%
- Held by both
- 27
- Only in DSP Large Cap
- 14
- Only in ICICI Prudential Dividend Yield
- 49
| Security | % of DSP Large Cap | % of ICICI Prudential Dividend Yield |
|---|---|---|
| HDFC Bank Limited | 10.08% | 7.35% |
| ICICI Bank Limited | 9.72% | 6.46% |
| Axis Bank Limited | 5.91% | 4.32% |
| Reliance Industries Limited | 4.06% | 4.29% |
| NTPC Limited | 3.08% | 3.50% |
| Larsen & Toubro Limited | 4.74% | 2.96% |
| Ultratech Cement Limited | 2.73% | 2.73% |
| Bharti Airtel Limited | 6.04% | 2.55% |
| Maruti Suzuki India Limited | 2.38% | 3.04% |
| Kotak Mahindra Bank Limited | 2.50% | 1.56% |
| SBI Life Insurance Co Limited | 2.78% | 1.37% |
| Mahindra & Mahindra Limited | 4.84% | 1.35% |
| Oil & Natural Gas Corporation Limited | 1.40% | 1.30% |
| Infosys Limited | 3.99% | 1.10% |
| Life Insurance Corporation Of India | 1.05% | 2.31% |
| Interglobe Aviation Limited | 0.91% | 3.19% |
| Info Edge (India) Limited | 0.93% | 0.88% |
| State Bank of India | 0.79% | 1.31% |
| ITC Limited | 3.97% | 0.70% |
| Bharat Petroleum Corporation Limited | 1.07% | 0.69% |
| Power Grid Corporation of India Limited | 1.18% | 0.65% |
| Tata Motors Limited | 0.61% | 1.03% |
| HDFC Life Insurance Co Limited | 2.74% | 0.55% |
| ICICI Prudential Life Insurance Co Limited | 0.49% | 0.95% |
| Indus Towers Limited | 0.48% | 0.41% |
| Indian Oil Corporation Limited | 0.38% | 0.66% |
| Shree Cement Limited | 0.73% | 0.23% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 50.9% means 50.9% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in DSP Large Cap Fund
| Security | % of fund |
|---|---|
| Cipla Limited | 2.76% |
| Asian Paints Limited | 2.32% |
| DLF Limited | 2.19% |
| Hero MotoCorp Limited | 2.12% |
| Hyundai Motor India Limited | 1.79% |
Largest holdings only in ICICI Prudential Dividend Yield Fund
| Security | % of fund |
|---|---|
| Sun Pharmaceutical Industries Ltd. | 5.24% |
| Cummins India Ltd. | 2.27% |
| Avenue Supermarts Ltd. | 2.25% |
| Bajaj Holdings & Investment Ltd. | 2.13% |
| Tata Consultancy Services Ltd. | 2.02% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | DSP Large Cap | ICICI Prudential Dividend Yield |
|---|---|---|
| Equity | 98.0% | 96.7% |
| Debt | 0.0% | 1.1% |
| Cash and others | 2.0% | 2.2% |
Market cap of stocks
| Market cap | DSP Large Cap | ICICI Prudential Dividend Yield |
|---|---|---|
| Large Cap | 90.3% | 75.5% |
| Mid Cap | 7.7% | 10.8% |
| Small Cap | 0.0% | 10.5% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | DSP Large Cap | ICICI Prudential Dividend Yield |
|---|---|---|
| Banks | 29.3% | 21.8% |
| Automobiles | 11.1% | 4.4% |
| Insurance | 7.1% | 5.2% |
| Finance | 0.0% | 7.0% |
| Telecom - Services | 6.5% | 3.9% |
| Petroleum Products | 5.8% | 5.9% |
| Pharmaceuticals & Biotechnology | 2.8% | 5.8% |
| Construction | 4.7% | 3.1% |
| Power | 4.3% | 4.5% |
The six largest sectors of each fund's stocks, % of the fund.
DSP Large Cap vs ICICI Prudential Dividend Yield: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | DSP Large Cap Fund | ICICI Prudential Dividend Yield Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.18% | 0.76% |
| Base expense ratio (Direct) | 0.79% | 0.57% |
| Total expense ratio (Regular) | 2.07% | 1.92% |
| Base expense ratio (Regular) | 1.55% | 1.56% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare DSP Large Cap with
DSP Large Cap Fund vs ICICI Prudential Dividend Yield Fund: Frequently Asked Questions
What is the difference between DSP Large Cap Fund and ICICI Prudential Dividend Yield Fund?
DSP Large Cap Fund is a Large Cap fund, ICICI Prudential Dividend Yield Fund is a Dividend Yield fund, run by DSP Mutual Fund and ICICI Prudential Mutual Fund. Their portfolios overlap 50.9%. DSP Large Cap Fund charges 1.18% a year and ICICI Prudential Dividend Yield Fund 0.76%.
Which has given higher returns, DSP Large Cap Fund or ICICI Prudential Dividend Yield Fund?
Over 1 year: DSP Large Cap Fund −8.56%, ICICI Prudential Dividend Yield Fund −9.73%. Over 3 years: DSP Large Cap Fund +10.95% a year, ICICI Prudential Dividend Yield Fund +13.40% a year. Over 5 years: DSP Large Cap Fund +9.10% a year, ICICI Prudential Dividend Yield Fund +14.70% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, DSP Large Cap Fund or ICICI Prudential Dividend Yield Fund?
ICICI Prudential Dividend Yield Fund charges less: 0.76% a year against 1.18%. These are the Direct plans' total expense ratios reported to AMFI.
How much do DSP Large Cap Fund and ICICI Prudential Dividend Yield Fund overlap?
50.9%. They hold 27 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, AXISBANK. From each fund's latest monthly portfolio.
Which is better for SIP, DSP Large Cap Fund or ICICI Prudential Dividend Yield Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,52,112 in DSP Large Cap Fund (XIRR 8.2% a year) and ₹8,17,450 in ICICI Prudential Dividend Yield Fund (XIRR 11.5% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both DSP Large Cap Fund and ICICI Prudential Dividend Yield Fund?
Yes. 50.9% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.