DSP Large Cap Fund is a Large Cap fund run by DSP Mutual Fund. On 30-09-2026, it managed ₹6,642 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 10.9% a year and its Regular plan returned 10.0% a year. Its benchmark, Nifty 100 TRI, returned 9.1% a year over the same 3 years.
NAV (Direct plan)
₹484.71
▲ 0.50% · 30-10-2026
NAV (Regular plan)
₹438.16
▲ 0.49% · 30-10-2026
Expense ratio
1.18%Direct2.07%Regular
1.18%
A year
Riskometer
Very High
Set by the fund house
3 year return
10.9%Direct10.0%Regular
10.9%
A year
DSP Large Cap Fund NAV Today
NAV on 30-10-2026: Direct Plan Growth ₹484.71 (up 0.50% that day); Regular Plan Growth ₹438.16 (up 0.49% that day).
This fund (Direct plan)
₹484.707
DSP Large Cap Fund Returns vs Nifty 100 TRI
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
Trailing returns
Period
1M
3M
6M
1Y
3Y
5Y
10Y
This fund (Direct)
+1.48%
−4.89%
−2.57%
−8.56%
+10.95%
+9.10%
+10.38%
This fund (Regular)
+1.41%
−5.10%
−3.01%
−9.42%
+9.98%
+8.19%
+9.52%
Nifty 100 TRI
+1.04%
−5.31%
−2.96%
−8.69%
+9.08%
+7.22%
+11.72%
Large Cap average
+0.62%
−4.36%
−1.05%
−6.33%
+10.38%
+8.23%
+11.81%
Best in Large Cap
+2.29%
+1.11%
+6.60%
+2.96%
+14.19%
+11.98%
+13.73%
Worst in Large Cap
−2.13%
−6.44%
−5.00%
−10.55%
+7.81%
+5.19%
+10.17%
Rank in Large Cap
5/35
23/35
28/35
28/33
9/30
9/27
20/22
Category rows compare the Direct plans of 35 Large Cap funds. Rank 1 is the highest return.
DSP Large Cap Fund Year-wise Returns
Return of each calendar year
Year
Direct
Regular
Nifty 100 TRI
2026to date
−9.39%
−10.09%
−9.32%
2025
+9.40%
+8.38%
+10.24%
2024
+21.50%
+20.50%
+12.95%
2023
+27.60%
+26.61%
+21.24%
2022
+2.24%
+1.44%
+4.94%
2021
+20.45%
+19.53%
+26.45%
DSP Large Cap Fund Rolling Returns
The return of every holding period in the fund's history, not only the one that ends today
Rolling returns
Each point is the yearly return of one 3-year holding period, plotted on the day it ended. There are 2,668 periods, one for each trading day from 04-01-2016 to 30-10-2026.
−10%0%10%20%30%
DSP Large Cap Fund (Direct)
Nifty 100 TRI
Nov 2013 to Nov 2016Sept 2015 to Sept 2018Jul 2017 to Jul 2020May 2019 to May 2022Mar 2021 to Mar 2024Dec 2022 to Dec 2025
DSP Large Cap Fund (Direct)Nifty 100 TRI
3%
1%
Below 0%
5%
4%
0-5%
22%
11%
5-10%
32%
47%
10-15%
31%
31%
15-20%
7%
5%
20-25%
0%
1%
Above 25%
Every holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
Benchmark median
Beat benchmark
1 year
3,156
11.3%
−31.6%
85.7%
21%
11.5%
45%
2 years
2,914
12.8%
−14.2%
42.5%
6%
14.2%
44%
3 years
2,668
12.6%
−7.4%
28.1%
3%
13.8%
34%
5 years
2,173
12.3%
−2.5%
27.2%
0%
14.1%
19%
7 years
1,684
11.9%
5.1%
16.2%
0%
13.4%
15%
10 years
941
12.6%
10.0%
14.8%
0%
13.6%
0%
Every SIP holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
Benchmark median
Beat benchmark
1 year
154
12.0%
−48.8%
58.8%
21%
12.9%
42%
2 years
142
12.3%
−26.6%
38.9%
13%
11.3%
46%
3 years
130
12.7%
−17.6%
29.5%
4%
13.4%
41%
5 years
106
12.2%
−6.9%
24.3%
3%
14.2%
27%
7 years
82
12.4%
−1.1%
19.8%
1%
14.5%
33%
10 years
46
13.5%
9.9%
16.4%
0%
14.0%
28%
Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. "Beat benchmark" counts the periods in which the fund did better than Nifty 100 TRI over the same days. Past returns do not promise future returns.
DSP Large Cap Fund Risk
How much it swings, and the falls an investor had to sit through
Risk and return
Measure
DSP Large Cap Fund (Direct)This fund
Nifty 100 TRI
Return (CAGR)
−8.56%
−8.69%
Standard deviation
12.79%
14.04%
Sharpe ratio
-1.08
-0.99
Sortino ratio
-1.45
-1.32
Maximum drawdown
−13.3%
(31-03-2026)
−14.9%
(30-03-2026)
Beta
0.89
1.00
Alpha
−1.34%
0.00%
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: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Measure
DSP Large Cap Fund (Direct)This fund
Nifty 100 TRI
Return (CAGR)
+10.95%
+9.08%
Standard deviation
12.19%
13.72%
Sharpe ratio
0.40
0.22
Sortino ratio
0.57
0.31
Maximum drawdown
−13.3%
(31-03-2026)
−17.2%
(28-02-2025)
Beta
0.86
1.00
Alpha
+2.30%
0.00%
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: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Measure
DSP Large Cap Fund (Direct)This fund
Nifty 100 TRI
Return (CAGR)
+9.10%
+7.22%
Standard deviation
12.66%
14.01%
Sharpe ratio
0.26
0.10
Sortino ratio
0.36
0.14
Maximum drawdown
−18.7%
(17-06-2022)
−17.2%
(28-02-2025)
Beta
0.87
1.00
Alpha
+2.07%
0.00%
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: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Measure
DSP Large Cap Fund (Direct)This fund
Nifty 100 TRI
Return (CAGR)
+10.38%
+11.72%
Standard deviation
16.25%
16.01%
Sharpe ratio
0.31
0.39
Sortino ratio
0.42
0.53
Maximum drawdown
−40.3%
(23-03-2020)
−37.9%
(23-03-2020)
Beta
0.98
1.00
Alpha
−1.20%
0.00%
From daily NAVs, 28-10-2016 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: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Measure
DSP Large Cap Fund (Direct)This fund
Nifty 100 TRI
Return (CAGR)
+11.06%
+11.97%
Standard deviation
16.29%
15.86%
Sharpe ratio
0.31
0.37
Sortino ratio
0.42
0.51
Maximum drawdown
−40.3%
(23-03-2020)
−37.9%
(23-03-2020)
Beta
0.99
1.00
Alpha
−0.84%
0.00%
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: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
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.
−50%−40%−30%−20%−10%0%
DSP Large Cap Fund (Direct)
Nifty 100 TRI
2014201620182020202220242026
DSP Large Cap Fund (Direct)Nifty 100 TRI
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%
Nifty 100 TRI
−37.9%
17-01-2020
23-03-2020
06-11-2020
7 months
−10.1%
From the Direct plan's daily NAV since 02-01-2013, adjusted for unit splits, and Nifty 100 TRI over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.
DSP Large Cap Fund vs Other Large Cap Funds
The five Large Cap funds with the best three year return, and this fund. Direct plans.
AUM is each fund's size at the end of its last reported month, from its own portfolio file. We calculate the risk ratios from daily NAVs over the last three years. The risk-free return is what NSE's overnight rate index earned over the same years. Alpha and beta compare each fund with its own benchmark's TRI. "--" means we have no figure: for alpha and beta, no daily series for that benchmark.
DSP Large Cap Fund Expense Ratio and Costs
What each plan charges a year, in force from 23-10-2026
Plan
Base expense ratio
Brokerage
Transaction costs
Levies and GST
Total expense ratio
Large Cap median
Cost rank (1 = cheapest)
Direct
0.79%
0.06%
0.01%
0.32%
1.18%
1.08%
21/35
Regular
1.55%
0.06%
0.01%
0.45%
2.07%
2.21%
12/35
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, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file. Cost rank: where this plan comes when the Large Cap funds' plans of the same type are sorted from the lowest total expense ratio to the highest.
Direct vs Regular: what the gap cost
Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.
Over the last
Regular
Direct
Direct earned more by
₹1 lakh became (Regular)
₹1 lakh became (Direct)
1 year
−9.42%
−8.56%
0.86%
₹90,580
₹91,440
3 years
9.98%
10.95%
0.97% a year
₹1,33,027
₹1,36,578
5 years
8.19%
9.10%
0.91% a year
₹1,48,230
₹1,54,569
10 years
9.52%
10.38%
0.86% a year
₹2,48,276
₹2,68,475
Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.
DSP Large Cap Fund SIP Calculator
What a one-time or monthly investment in this fund would be worth today, from its own NAV history
Growth of an investment
Step up each year
PeriodFor
₹10,000 on the first trading day of every month, from 02-01-2013 to 30-10-2026: 166 instalments, ₹16,60,000 in all.
Investment
Invested
Value now
Gain
Return a year
Direct planDSP Large Cap Fund (Direct)
₹16,60,000
₹37,64,683
₹21,04,683
11.1%
Regular planDSP Large Cap Fund (Regular)
₹16,60,000
₹35,19,793
₹18,59,793
10.2%
Nifty 100 TRI
₹16,60,000
₹38,65,577
₹22,05,577
11.4%
Category averageCategory average, 35 Large Cap funds
₹16,60,000
₹40,78,487
₹24,18,487
12.1%
₹0₹10.0 L₹20.0 L₹30.0 L₹40.0 L₹50.0 L
Direct planDSP Large Cap Fund (Direct)
Regular planDSP Large Cap Fund (Regular)
Nifty 100 TRI
Category averageCategory average, 35 Large Cap funds
Amount invested
2014201620182020202220242026
Direct planDSP Large Cap Fund (Direct)Regular planDSP Large Cap Fund (Regular)Nifty 100 TRICategory averageCategory average, 35 Large Cap fundsAmount invested
From each plan's published NAV (Growth option), the benchmark's TRI and the category average, 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 Fund Asset Allocation
Asset allocation as on 30-09-2026
What the fund holds
98.0%Equity
Asset
Fund
Category
Equity
98.0%
96.0%
Cash and others
2.0%
2.9%
Market cap of stocks
Market cap
Fund
Category
Large Cap
90.3%
82.5%
Mid Cap
7.7%
8.7%
Small Cap
0.0%
3.3%
Share of the whole fund. Category: the average of the Large Cap funds that hold stocks. Groups follow AMFI's latest list, as SEBI defines them: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
DSP Large Cap Fund Sector Allocation
Sector allocation of the fund's stocks as on 30-09-2026
Largest sectors
Banks29.3%
Automobiles11.1%
Insurance7.1%
Telecom - Services6.5%
Petroleum Products5.8%
Construction4.7%
Power4.3%
IT - Software4.0%
Diversified FMCG4.0%
Cement & Cement Products3.5%
The ten largest of 22 sectors. The other 12 add up to 17.8%.
Sector changes
Sector
July 2026
August 2026
September 2026
Change
Banks
28.1%
29.0%
29.3%
+1.2%
Automobiles
11.4%
11.2%
11.1%
−0.3%
Insurance
6.7%
6.6%
7.1%
+0.4%
Telecom - Services
6.3%
6.3%
6.5%
+0.2%
Petroleum Products
5.7%
5.8%
5.8%
+0.1%
Each sector's share of the fund at the end of each month. The five largest sectors of September 2026. Change: from July 2026 to September 2026, in % of the fund.
DSP Large Cap Fund Portfolio Holdings
As on 30-09-2026 · 41 holdings · from the fund house's monthly portfolio
Holdings
Sector
Weight%
Holdings trend
1M change
HDFC Bank Limited
Banks
10.08%
0.0%
ICICI Bank Limited
Banks
9.72%
−1.5%
Bharti Airtel Limited
Telecom - Services
6.04%
0.0%
Axis Bank Limited
Banks
5.91%
0.0%
Mahindra & Mahindra Limited
Automobiles
4.84%
0.0%
Larsen & Toubro Limited
Construction
4.74%
0.0%
Reliance Industries Limited
Petroleum Products
4.06%
0.0%
Infosys Limited
IT - Software
3.99%
−5.8%
ITC Limited
Diversified FMCG
3.97%
−28.6%
NTPC Limited
Power
3.08%
0.0%
SBI Life Insurance Co Limited
Insurance
2.78%
0.0%
Cipla Limited
Pharmaceuticals & Biotechnology
2.76%
−9.1%
HDFC Life Insurance Co Limited
Insurance
2.74%
0.0%
Ultratech Cement Limited
Cement & Cement Products
2.73%
0.0%
Kotak Mahindra Bank Limited
Banks
2.50%
−2.5%
Maruti Suzuki India Limited
Automobiles
2.38%
+5.6%
Asian Paints Limited
Consumer Durables
2.32%
+9.4%
DLF Limited
Realty
2.19%
0.0%
Hero MotoCorp Limited
Automobiles
2.12%
+8.0%
Hyundai Motor India Limited
Automobiles
1.79%
−1.7%
Hindustan Aeronautics Limited
Aerospace & Defense
1.63%
−18.9%
Oil & Natural Gas Corporation Limited
Oil
1.40%
+8.1%
Petronet LNG Limited
Gas
1.39%
0.0%
GAIL (India) Limited
Gas
1.30%
0.0%
Power Grid Corporation of India Limited
Power
1.18%
0.0%
Bharat Petroleum Corporation Limited
Petroleum Products
1.07%
0.0%
Life Insurance Corporation Of India
Insurance
1.05%
0.0%
Info Edge (India) Limited
Retailing
0.93%
−5.8%
Interglobe Aviation Limited
Transport Services
0.91%
0.0%
State Bank of India
Banks
0.79%
0.0%
Page Industries Limited
Textiles & Apparels
0.76%
0.0%
United Spirits Limited
Beverages
0.75%
−20.0%
Shree Cement Limited
Cement & Cement Products
0.73%
0.0%
Tata Motors Limited
Agricultural, Commercial & Construction Vehicles
0.61%
0.0%
Trent Limited
Retailing
0.53%
0.0%
ICICI Prudential Life Insurance Co Limited
Insurance
0.49%
+187.5%
Indus Towers Limited
Telecom - Services
0.48%
0.0%
Indian Oil Corporation Limited
Petroleum Products
0.38%
0.0%
Bank of Baroda
Banks
0.34%
0.0%
Procter & Gamble Hygiene and Health Care Limited
Personal Products
0.31%
0.0%
Hindustan Petroleum Corporation Limited
Petroleum Products
0.24%
0.0%
DSP Large Cap Fund Stocks Bought and Sold
All changes are between August 2026 and September 2026
More
Stocks bought and sold in September 2026
ICICI Bank Limited
↓Reduced
−1.5%
9.72%
ITC Limited
↓Reduced
−28.6%
3.97%
Infosys Limited
↓Reduced
−5.8%
3.99%
Cipla Limited
↓Reduced
−9.1%
2.76%
Kotak Mahindra Bank Limited
↓Reduced
−2.5%
2.50%
Maruti Suzuki India Limited
↑Added
+5.6%
2.38%
Asian Paints Limited
↑Added
+9.4%
2.32%
Hero MotoCorp Limited
↑Added
+8.0%
2.12%
Hindustan Aeronautics Limited
↓Reduced
−18.9%
1.63%
Hyundai Motor India Limited
↓Reduced
−1.7%
1.79%
Oil & Natural Gas Corporation Limited
↑Added
+8.1%
1.40%
Info Edge (India) Limited
↓Reduced
−5.8%
0.93%
United Spirits Limited
↓Reduced
−20.0%
0.75%
ICICI Prudential Life Insurance Co Limited
↑Added
+187.5%
0.49%
No stocks in this group for September 2026.
A change is counted by the number of shares the fund holds, not by price. A stock can become a smaller part of the fund in a month when the fund bought more of it, if its price fell. Debt papers are left out.
Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.
DSP Large Cap Fund Overview
Fund facts from the scheme summary document, as on 16-10-2026
Expense ratio (Direct)
1.18%
Expense ratio (Regular)
2.07%
Category
Large Cap
Risk
Very High
Benchmark
Nifty 100 TRI
Launch date
10-03-2003
Minimum investment
₹100
Minimum additional investment
₹100
AUM
₹6,642.38 Cr (30-09-2026)
Lock in
None
Scheme code (Direct)
119250
ISIN (Direct)
INF740K01PR3
Scheme code (Regular)
101635
ISIN (Regular)
INF740K01243
NAV history
From 02-01-2013, 13.8 years
Exit load
Exit load of 1% if redeemed less than 12 months
Tax on DSP Large Cap Fund returns
DSP Large Cap Fund is taxed as an equity fund: 65% or more of it is in Indian stocks.
Units sold within 1 year: the gain is taxed at 20%.
Units held longer: gains above ₹1.25 lakh in a financial year, across all your equity funds and shares, are taxed at 12.5%.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.
Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.
All plans and options
Plan
Option
NAV
As on
direct
Growth
₹484.707
30-10-2026
direct
IDCW
₹25.902
30-10-2026
regular
Growth
₹438.163
30-10-2026
regular
IDCW
₹22.341
30-10-2026
About DSP Large Cap Fund
DSP Large Cap Fund is a mutual fund from DSP Mutual Fund. Its category is Large Cap. It was launched on 10-03-2003. Its benchmark is Nifty 100 TRI. At the end of September 2026 it held 41 securities.
Fund Manager
Anish Tawakley
Fund manager of DSP Large Cap Fund, since 16-05-2026
The Direct plan NAV is ₹484.707. The Regular plan NAV is ₹438.163, as on 30-10-2026.
What are the returns of DSP Large Cap Fund?
The Direct plan returned −8.56% in 1 year, +10.95% a year over 3 years, +9.10% a year over 5 years. The Regular plan returned −9.42% in 1 year, +9.98% a year over 3 years, +8.19% a year over 5 years. These figures are as on 30-10-2026.
What is the expense ratio of DSP Large Cap Fund?
The Direct plan charges 1.18% a year. The Regular plan charges 2.07% a year. This is the figure the fund house reported to AMFI, in force from 23-10-2026.
What is the AUM of DSP Large Cap Fund?
DSP Large Cap Fund managed ₹6,642.38 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.
What are the top holdings of DSP Large Cap Fund?
At the end of September 2026 the largest holdings were HDFCBANK (10.08%), ICICIBANK (9.72%), BHARTIARTL (6.04%), AXISBANK (5.91%), M&M (4.84%). The fund held 41 securities in all.
What did DSP Large Cap Fund buy and sell in September 2026?
It added shares in 5. It reduced 9.
How do I invest in DSP Large Cap Fund?
Through DSP Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least ₹100. You can invest once or through a monthly SIP.
Who is the fund manager of DSP Large Cap Fund?
Anish Tawakley (since 16-05-2026).
Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.
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.
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