DSP Value Fund vs ICICI Prudential Large Cap Fund
Direct Plan, Growth option · Data as on 29-10-2026
DSP Value Fund is a Value and Contra fund and ICICI Prudential Large Cap Fund is a Large Cap fund. In the 3 years to 30-10-2026, DSP Value Fund (Direct) returned 16.3% a year and ICICI Prudential Large Cap Fund (Direct) returned 10.3% a year. DSP Value Fund charges 1.53% a year and ICICI Prudential Large Cap Fund 1.01% (Direct plans). Their portfolios overlap 47.9%: they hold 30 of the same securities.
ICICI Prudential Large Cap Fund
Large Cap
- 3 year return
- 10.3%
- Expense ratio
- 1.01%
- NAV
- ₹113.46
Which is better, DSP Value or ICICI Prudential Large Cap? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- DSP Value returned more over 5 years: 12.3% a year against 9.9%.
- DSP Value returned more over 3 years: 16.3% a year against 10.3%.
- ICICI Prudential Large Cap costs less: 1.01% a year against 1.53% (Direct plans).
- DSP Value swung less over 3 years: a standard deviation of 10.4% a year against 12.6%.
- ICICI Prudential Large Cap fell less in its worst fall since 11-12-2020: −15.4% against −16.4%.
- DSP Value holds 12.8% of the fund in foreign stocks; ICICI Prudential Large Cap 0.0%.
- ICICI Prudential Large Cap holds more in large companies: 85.1% of the fund in large caps against 62.0%.
- ICICI Prudential Large Cap is the larger fund: ₹76,352 Cr against ₹2,225 Cr.
- Their portfolios overlap 47.9%: 30 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 Value Fund | ICICI Prudential Large Cap Fund |
|---|---|---|
| Fund house | DSP Mutual Fund | ICICI Prudential Mutual Fund |
| Category | Value and Contra | Large Cap |
| AUM | ₹2,225 Cr (30-09-2026) | ₹76,352 Cr (30-09-2026) |
| NAV | ₹23.73 (Direct) | ₹113.46 (Direct) |
| Expense ratio (Direct) | 1.53% | 1.01% |
| Expense ratio (Regular) | 2.40% | 1.50% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty 500 TRI | Nifty 100 TRI |
| Launch date | 10-12-2020 | 23-05-2008 |
| Minimum investment | ₹100 | ₹100 |
| Lock in | None | None |
| Fund managers | Abhishek Singh, Kaivalya Nadkarni | Sankaran Naren, Vaibhav Dusad |
| Exit load | Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 1 months. | Exit load of 1%, if redeemed within 1 month. |
DSP Value vs ICICI Prudential Large Cap: 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 Value Fund (Direct) | −0.43% | −4.38% | −1.65% | +0.33% | +16.31% | +12.31% | -- |
| ICICI Prudential Large Cap Fund (Direct) | +0.21% | −6.10% | −3.55% | −9.69% | +10.31% | +9.88% | +13.02% |
| Value and Contra average | −2.09% | −5.76% | −3.23% | −5.72% | +11.83% | +11.08% | -- |
| Large Cap average | +0.62% | −4.36% | −1.05% | −6.33% | +10.38% | +8.23% | +11.81% |
Category average: the average of the 30 Value and Contra funds and the 35 Large Cap funds, same plan type.
DSP Value vs ICICI Prudential Large Cap: Year-wise Returns
| Year | DSP ValueDSP Value | ICICI Prudential Large CapICICI Prudential Large Cap |
|---|---|---|
| 2026to date | −0.94% | −10.78% |
| 2025 | +12.40% | +11.95% |
| 2024 | +21.81% | +17.55% |
| 2023 | +30.91% | +28.14% |
| 2022 | −1.80% | +7.53% |
| 2021 | +31.97% | +29.96% |
DSP Value vs ICICI Prudential Large Cap: Rolling Returns
Every holding period of both funds, against Nifty 500 TRI, the benchmark of DSP Value Fund
Rolling returns
Every 3-year holding period, 639 of them, one for each trading day from 11-12-2023 to 29-10-2026: 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 Value Fund (Direct)
ICICI Prudential Large Cap Fund (Direct)
Nifty 500 TRI
to
Mar 2024Aug 2021
to
Aug 2024Feb 2022
to
Feb 2025Aug 2022
to
Aug 2025Feb 2023
to
Feb 2026Aug 2023
to
Aug 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 Value | 0.0 | 0.0 | 0.0 | 1.3 | 70.0 | 28.8 | 0.0 | 18.7% | 18.6% | 13.2% | 23.8% | 78% |
| ICICI Prudential Large Cap | 0.0 | 0.0 | 3.0 | 13.6 | 47.8 | 35.6 | 0.0 | 18.3% | 18.8% | 8.9% | 24.1% | 98% |
| Nifty 500 TRI | 0.0 | 0.0 | 3.0 | 26.4 | 58.7 | 11.9 | 0.0 | 16.4% | 16.5% | 8.8% | 22.3% | -- |
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 500 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 11-12-2020. Past returns do not promise future returns.
DSP Value vs ICICI Prudential Large Cap: 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 11-12-2020 to 29-10-2026: 71 instalments, ₹7,10,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| DSP ValueDSP Value Fund (Direct) | ₹7,10,000 | ₹10,50,424 | ₹3,40,424 | 13.2% |
| ICICI Prudential Large CapICICI Prudential Large Cap Fund (Direct) | ₹7,10,000 | ₹9,40,615 | ₹2,30,615 | 9.4% |
DSP ValueDSP Value Fund (Direct)
ICICI Prudential Large CapICICI Prudential Large Cap 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 Value vs ICICI Prudential Large Cap: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | DSP Value Fund (Direct) | ICICI Prudential Large Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +0.33% | −9.69% |
| Standard deviation | 10.12% | 13.10% |
| Sharpe ratio | -0.48 | -1.14 |
| Sortino ratio | -0.66 | -1.51 |
| Maximum drawdown | −8.3% (23-03-2026) | −14.2% (30-03-2026) |
| Beta | 0.66 | 0.93 |
| Alpha | +3.56% | −1.93% |
From daily NAVs, 29-10-2025 to 29-10-2026. 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 Value Fund (Direct) | ICICI Prudential Large Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +16.31% | +10.31% |
| Standard deviation | 10.42% | 12.55% |
| Sharpe ratio | 0.99 | 0.34 |
| Sortino ratio | 1.36 | 0.47 |
| Maximum drawdown | −13.7% (07-04-2025) | −15.4% (04-03-2025) |
| Beta | 0.68 | 0.91 |
| Alpha | +7.28% | +1.52% |
From daily NAVs, 27-10-2023 to 29-10-2026. 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 Value Fund (Direct) | ICICI Prudential Large Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +12.31% | +9.88% |
| Standard deviation | 10.48% | 12.70% |
| Sharpe ratio | 0.62 | 0.32 |
| Sortino ratio | 0.85 | 0.44 |
| Maximum drawdown | −16.4% (20-06-2022) | −15.4% (04-03-2025) |
| Beta | 0.66 | 0.89 |
| Alpha | +4.49% | +2.80% |
From daily NAVs, 29-10-2021 to 29-10-2026. 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 Value Fund (Direct) | ICICI Prudential Large Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +15.82% | +13.95% |
| Standard deviation | 10.33% | 15.03% |
| Sharpe ratio | 1.01 | 0.53 |
| Sortino ratio | 1.40 | 0.72 |
| Maximum drawdown | −16.4% (20-06-2022) | −37.3% (23-03-2020) |
| Beta | 0.63 | 0.93 |
| Alpha | +5.42% | +2.38% |
From daily NAVs, 11-12-2020 to 29-10-2026. 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 Value Fund (Direct)
ICICI Prudential Large Cap Fund (Direct)
Nifty 500 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| DSP Value Fund (Direct) | −16.4% | 17-01-2022 | 20-06-2022 | 02-12-2022 | 5 months | −6.0% |
| ICICI Prudential Large Cap Fund (Direct) | −15.4% | 26-09-2024 | 04-03-2025 | 17-10-2025 | 7 months | −11.6% |
| Nifty 500 TRI | −18.6% | 26-09-2024 | 28-02-2025 | Not yet | -- | −8.8% |
From daily values since 11-12-2020, 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 Value Fund (Direct)
ICICI Prudential Large Cap Fund (Direct)
Nifty 500 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 Value Fund (Direct)
ICICI Prudential Large Cap Fund (Direct)
Nifty 500 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 Value Fund (Direct)
ICICI Prudential Large Cap Fund (Direct)
Nifty 500 TRI
Against Nifty 500 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| DSP Value Fund (Direct) | 84% | 56% | 7.41% |
| ICICI Prudential Large Cap Fund (Direct) | 92% | 81% | 3.80% |
From month-end values since 11-12-2020. 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 Value vs ICICI Prudential Large Cap: Portfolio Overlap
From each fund's latest monthly portfolio: DSP Value Fund, September 2026; ICICI Prudential Large Cap Fund, September 2026
Holdings in common
- Overlap
- 47.9%
- Held by both
- 30
- Only in DSP Value
- 17
- Only in ICICI Prudential Large Cap
- 61
| Security | % of DSP Value | % of ICICI Prudential Large Cap |
|---|---|---|
| HDFC Bank Limited | 9.45% | 8.44% |
| ICICI Bank Limited | 8.22% | 8.92% |
| Maruti Suzuki India Limited | 2.59% | 2.67% |
| Mahindra & Mahindra Limited | 3.29% | 2.51% |
| Axis Bank Limited | 2.48% | 4.14% |
| Bharti Airtel Limited | 2.47% | 4.21% |
| Kotak Mahindra Bank Limited | 2.15% | 2.50% |
| NTPC Limited | 2.65% | 2.07% |
| Infosys Limited | 1.61% | 1.96% |
| Larsen & Toubro Limited | 1.34% | 3.82% |
| State Bank of India | 2.02% | 1.34% |
| HDFC Life Insurance Co Limited | 1.99% | 1.08% |
| Ultratech Cement Limited | 1.04% | 2.92% |
| HDFC Asset Management Co Limited | 2.57% | 1.00% |
| Oil & Natural Gas Corporation Limited | 1.40% | 0.98% |
| SBI Life Insurance Co Limited | 2.13% | 0.91% |
| ITC Limited | 2.56% | 0.86% |
| Sun Pharmaceutical Industries Limited | 0.84% | 2.08% |
| Life Insurance Corporation Of India | 0.73% | 2.59% |
| Power Grid Corporation of India Limited | 1.55% | 0.71% |
| Cipla Limited | 2.29% | 0.66% |
| ICICI Lombard General Insurance Co Limited | 1.02% | 0.65% |
| Bharat Electronics Limited | 1.05% | 0.62% |
| Bharat Petroleum Corporation Limited | 0.84% | 0.60% |
| Tata Motors Limited | 0.58% | 0.64% |
| Tata Motors Passenger Vehicles Limited | 0.59% | 0.44% |
| Jindal Steel Limited | 0.74% | 0.35% |
| Godrej Consumer Products Limited | 0.34% | 0.49% |
| Hero MotoCorp Limited | 2.30% | 0.25% |
| Oil India Limited | 0.64% | 0.07% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 47.9% means 47.9% 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 Value Fund
| Security | % of fund |
|---|---|
| Alkem Laboratories Limited | 2.43% |
| Indus Towers Limited | 1.90% |
| Oberoi Realty Limited | 1.43% |
| Emami Limited | 1.25% |
| Knowledge Realty Trust | 1.02% |
Largest holdings only in ICICI Prudential Large Cap Fund
| Security | % of fund |
|---|---|
| Reliance Industries Ltd. | 5.46% |
| Tata Steel Ltd. | 1.57% |
| Asian Paints Ltd. | 1.47% |
| Avenue Supermarts Ltd. | 1.23% |
| Interglobe Aviation Ltd. | 1.21% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | DSP Value | ICICI Prudential Large Cap |
|---|---|---|
| Equity | 89.3% | 96.2% |
| Debt | 0.0% | 1.5% |
| Cash and others | 10.7% | 2.4% |
Market cap of stocks
| Market cap | DSP Value | ICICI Prudential Large Cap |
|---|---|---|
| Large Cap | 62.0% | 85.1% |
| Mid Cap | 10.7% | 10.9% |
| Small Cap | 3.8% | 0.1% |
| Foreign stocks | 12.8% | 0.0% |
| Not on AMFI's list | 0.0% | 0.1% |
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 Value | ICICI Prudential Large Cap |
|---|---|---|
| Banks | 24.3% | 25.3% |
| Automobiles | 8.8% | 8.0% |
| Insurance | 6.9% | 6.2% |
| Pharmaceuticals & Biotechnology | 6.7% | 4.5% |
| Petroleum Products | 1.4% | 6.1% |
| Telecom - Services | 4.4% | 4.2% |
| Power | 4.2% | 3.3% |
The six largest sectors of each fund's stocks, % of the fund.
DSP Value vs ICICI Prudential Large Cap: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | DSP Value Fund | ICICI Prudential Large Cap Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.53% | 1.01% |
| Base expense ratio (Direct) | 0.98% | 0.72% |
| Total expense ratio (Regular) | 2.40% | 1.50% |
| Base expense ratio (Regular) | 1.72% | 1.14% |
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 Value with
DSP Value Fund vs ICICI Prudential Large Cap Fund: Frequently Asked Questions
What is the difference between DSP Value Fund and ICICI Prudential Large Cap Fund?
DSP Value Fund is a Value and Contra fund, ICICI Prudential Large Cap Fund is a Large Cap fund, run by DSP Mutual Fund and ICICI Prudential Mutual Fund. Their portfolios overlap 47.9%. DSP Value Fund charges 1.53% a year and ICICI Prudential Large Cap Fund 1.01%.
Which has given higher returns, DSP Value Fund or ICICI Prudential Large Cap Fund?
Over 1 year: DSP Value Fund +0.33%, ICICI Prudential Large Cap Fund −9.69%. Over 3 years: DSP Value Fund +16.31% a year, ICICI Prudential Large Cap Fund +10.31% a year. Over 5 years: DSP Value Fund +12.31% a year, ICICI Prudential Large Cap Fund +9.88% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, DSP Value Fund or ICICI Prudential Large Cap Fund?
ICICI Prudential Large Cap Fund charges less: 1.01% a year against 1.53%. These are the Direct plans' total expense ratios reported to AMFI.
How much do DSP Value Fund and ICICI Prudential Large Cap Fund overlap?
47.9%. They hold 30 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, MARUTI. From each fund's latest monthly portfolio.
Which is riskier, DSP Value Fund or ICICI Prudential Large Cap Fund?
On SEBI's riskometer, DSP Value Fund is rated Very High and ICICI Prudential Large Cap Fund Very High. Over 3 years, the standard deviation of daily returns was 10.42% and 12.55% a year.
Which is better for SIP, DSP Value Fund or ICICI Prudential Large Cap Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 29-10-2026 grew to ₹8,42,999 in DSP Value Fund (XIRR 12.7% a year) and ₹7,46,681 in ICICI Prudential Large Cap Fund (XIRR 7.9% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both DSP Value Fund and ICICI Prudential Large Cap Fund?
Yes. 47.9% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages DSP Value Fund and ICICI Prudential Large Cap Fund?
DSP Value Fund: Abhishek Singh, Kaivalya Nadkarni. ICICI Prudential Large Cap Fund: Sankaran Naren, Vaibhav Dusad.
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.