DSP Large & Mid Cap Fund : NAV, Porftolio & Fund Performance

DSP Large & Mid Cap Fund (Ex DSP Equity Opportunities Fund)

Total AUM

₹15,356.08 crores
as of Aug 31, 2025

Age of Fund

25 years 4 months since May 16, 2000

Expense Ratio

1.68%
as of Sep 17, 2025

Exit Load

1%
upto 12 Months

Ideal holding period

10 Years+

Indian (97.2%)

Large Cap	52.9%
Mid Cap	36.2%
Small Cap	10.9%

Holdings
Sectors

Holdings	Weight %
State Bank of India	5.5 %
Infosys Limited	4.8 %
HDFC Bank Limited	4.5 %
Axis Bank Limited	4.3 %
ICICI Bank Limited	4.0 %
Kotak Mahindra Bank Limited	2.5 %
Coforge Limited	2.3 %
Cipla Limited	2.0 %
Bharat Petroleum Corporation Limited	1.8 %
ICICI Lombard General Insurance Company Limited	1.8 %
Mahindra & Mahindra Limited	1.8 %
IPCA Laboratories Limited	1.7 %
MphasiS Limited	1.7 %
AU Small Finance Bank Limited	1.7 %
Larsen & Toubro Limited	1.7 %
Oil India Limited	1.7 %
Max Financial Services Limited	1.6 %
The Phoenix Mills Limited	1.6 %
Petronet LNG Limited	1.6 %
Bharti Airtel Limited	1.5 %
Alkem Laboratories Limited	1.5 %
Power Finance Corporation Limited	1.5 %
Samvardhana Motherson International Limited	1.4 %
NTPC Limited	1.4 %
Fortis Healthcare Limited	1.4 %
Syngene International Limited	1.4 %
Hindustan Petroleum Corporation Limited	1.3 %
Hindustan Unilever Limited	1.3 %
UNO Minda Limited	1.3 %
Jindal Steel Limited	1.3 %
Coromandel International Limited	1.3 %
Emami Limited	1.3 %
LIC Housing Finance Limited	1.3 %
Exide Industries Limited	1.3 %
Indus Towers Limited	1.1 %
The Federal Bank Limited	1.1 %
Schaeffler India Limited	1.1 %
Container Corporation of India Limited	1.1 %
Lupin Limited	1.1 %
Gujarat Fluorochemicals Limited	1.1 %
Crompton Greaves Consumer Electricals Limited	1.1 %
Tata Motors Limited	1.1 %
UltraTech Cement Limited	1.0 %
ITC Limited	1.0 %
SBI Life Insurance Company Limited	1.0 %
Vishal Mega Mart Limited	0.9 %
APL Apollo Tubes Limited	0.9 %
Hindalco Industries Limited	0.9 %
Cohance Lifesciences Limited	0.8 %
Hexaware Technologies Limited	0.8 %
Asian Paints Limited	0.8 %
HCL Technologies Limited	0.8 %
Niva Bupa Health Insurance Company Limited	0.8 %
Bharat Forge Limited	0.8 %
Dalmia Bharat Limited	0.8 %
GAIL (India) Limited	0.7 %
KEC International Limited	0.6 %
Pfizer Limited	0.6 %
ACC Limited	0.6 %
Laurus Labs Limited	0.6 %
Atul Limited	0.6 %
Indraprastha Gas Limited	0.5 %
Manappuram Finance Limited	0.5 %
Sansera Engineering Limited	0.5 %
Century Plyboards (India) Limited	0.5 %
Ahluwalia Contracts (India) Limited	0.5 %
Gujarat State Petronet Limited	0.5 %
SBI Cards and Payment Services Limited	0.4 %
Shriram Finance Limited	0.4 %
Hatsun Agro Product Limited	0.4 %
Bharti Airtel Limited - Partly Paid Shares	0.2 %
G R Infraprojects Limited	0.2 %
View All Holdings	97.2 % 33.5 %

Sectors Weight %

Banks 23.6 %

State Bank of India 5.5 %

HDFC Bank Limited 4.5 %

Axis Bank Limited 4.3 %

ICICI Bank Limited 4.0 %

Kotak Mahindra Bank Limited 2.5 %

AU Small Finance Bank Limited 1.7 %

The Federal Bank Limited 1.1 %

IT - Software 10.4 %

Infosys Limited 4.8 %

Coforge Limited 2.3 %

MphasiS Limited 1.7 %

HCL Technologies Limited 0.8 %

Hexaware Technologies Limited 0.8 %

Pharmaceuticals & Biotechnology 8.3 %

Cipla Limited 2.0 %

IPCA Laboratories Limited 1.7 %

Alkem Laboratories Limited 1.5 %

Lupin Limited 1.1 %

Cohance Lifesciences Limited 0.8 %

Pfizer Limited 0.6 %

Laurus Labs Limited 0.6 %

Auto Components 6.4 %

Samvardhana Motherson International Limited 1.4 %

UNO Minda Limited 1.3 %

Exide Industries Limited 1.3 %

Schaeffler India Limited 1.1 %

Bharat Forge Limited 0.8 %

Sansera Engineering Limited 0.5 %

Insurance 5.2 %

ICICI Lombard General Insurance Company Limited 1.8 %

Max Financial Services Limited 1.6 %

SBI Life Insurance Company Limited 1.0 %

Niva Bupa Health Insurance Company Limited 0.8 %

Finance 4.1 %

Power Finance Corporation Limited 1.5 %

LIC Housing Finance Limited 1.3 %

Manappuram Finance Limited 0.5 %

SBI Cards and Payment Services Limited 0.4 %

Shriram Finance Limited 0.4 %

Gas 3.3 %

Petronet LNG Limited 1.6 %

GAIL (India) Limited 0.7 %

Indraprastha Gas Limited 0.5 %

Gujarat State Petronet Limited 0.5 %

Petroleum Products 3.2 %

Bharat Petroleum Corporation Limited 1.8 %

Hindustan Petroleum Corporation Limited 1.3 %

Construction 2.9 %

Larsen & Toubro Limited 1.7 %

KEC International Limited 0.6 %

Ahluwalia Contracts (India) Limited 0.5 %

G R Infraprojects Limited 0.2 %

Telecom - Services 2.8 %

Bharti Airtel Limited 1.5 %

Indus Towers Limited 1.1 %

Bharti Airtel Limited - Partly Paid Shares 0.2 %

View All Sectors Expand All

70.2 %

Equity includes Stocks, Domestic Fund of Funds and ETFs

Indian (2.8%)

Credit rating profile	Weight %
Cash & Equivalent	100.0 %

Instrument break-up	Weight %
TREPS	100.0 %

Holdings	Weight %
TREPS / Reverse Repo Investments	2.7 %
Cash & cash equivalents	0.1 %
	2.8 %

Indicators

Portfolio turnover ratio

0.33 last 12 months

Performance

Performance highlights over last

for

investment

Cumulative returns on

Annual returns

Current value

Min CAGR:

MedianCAGR:

Max CAGR:

Good Returns

Negative Returns

vs Category

vs Benchmark

Historical Returns (As per SEBI format)as of with investment of₹10,000

	This fund		NIFTY LargeMidcap 250 (TRI) ^{^}		NIFTY 50 TRI ^#
	CAGR	Current Value	CAGR	Current Value	CAGR	Current Value

Income distribution Cum Capital Withdrawal (IDCW) Distributed

Record Date	Face Value	IDCW per unit	NAV Before	NAV After

Chart type

Graph viewTable view

Invested as

Invested Amount

₹

Invested since

This fund

NIFTY LargeMidcap 250 …

NIFTY 50 TRI

Gold

PPF

	Funds	Annual returns	Current Value	Absolute Growth	IDCW paid

Chart type:

Returns RangesStatistics

Invested Amount

₹

Invested period

Funds	Minimum	Median	Maximum	% times -ve returns	% times returns > 7%

Click here to view the information ratio of the scheme.

Date of allotment: May 16, 2000.

Period for which fund's performance has been provided is computed based on last day of the month-end preceding the date of advertisement

Different plans shall have a different expense structure. The performance details provided herein are of Regular Plan.

Since inception returns have been calculated from the date of allotment till June 30, 2021

Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments

Rolling returns have been calculated based on returns from regular plan growth option.

Pursuant to payments of Income Distribution cum Capital Withdrawal, the NAV of the IDCW option(s) of Schemes would fall to the extent of payout, and statutory levy, if any.

^ Fund Benchmark # Additional Benchmark

Scheme disclaimers

Fund Details

Things to know before you invest

What is in DSP Large & Mid Cap Fund (Ex DSP Equity Opportunities Fund)?

DSP Large & Mid Cap Fund invests in a prudent mix of established (large sized) as well as emerging (mid sized) companies.
It aims to invest ~70% in companies offering potentially superior risk-reward outcomes & available at valuations providing sufficient margin of safety while ~30% or less is invested in stocks with strong growth & profitability metrics that may not meet the margin of safety criterion.
Fund will have minimum 35% exposure to Largecaps & Midcaps respectively.

Why should one invest in DSP Large & Mid Cap Fund (Ex DSP Equity Opportunities Fund)?

Offers the chance to grow your wealth by owning high growth-potential companies at fair prices.
Get flavor of Large & Midcap in 1 fund.
Can help you beat the impact of rising prices over the long-term.
Can be a suitable choice for your core portfolio.

Who should invest in DSP Large & Mid Cap Fund (Ex DSP Equity Opportunities Fund)?

Consider this fund if you
- Want to build wealth over the long-term.
- Have the patience & mental resilience to remain invested for a decade or more.
- Recognize market falls as good opportunities to invest even more.
- Accept that equity investing means exposure to risk.

Rethink before you invest

DSP Large & Mid Cap fund carries Very High Risk.
Expect short term return fluctuations, especially during periods of market ups & downs.
In the past, there has been an occasion where this fund's NAV fell by more than 57% in 1 year.

Fund managers:

Rohit Singhania

Total work experience of 24 years. Managing this fund since June 2015.

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Total work experience of 24 years. Managing this fund since June 2015.

arrow_forwardSee funds managed by him

arrow_forwardSee his investing philosophy

Nilesh Aiya

Managing this fund since September 2025.

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Managing this fund since September 2025.

arrow_forwardSee funds managed by him

Rohit is a Research Analyst focusing on sectors such as Auto, Auto Ancillaries, Metals, Infrastructure, Sugar, and Hotels. He has been the Co-Fund Manager for DSP India T.I.G.E.R. Fund since June 2010. Rohit joined DSP Asset Managers in September 2005 as a Portfolio Analyst for the firm's Portfolio Management Services (PMS) division. He was transferred to the Institutional Equities Team of DSP Asset Managers in June 2009. Previously, he was with HDFC Securities Limited as part of its Institutional Equities Research Desk, where he spent 13 months as a Senior Equity Analyst.

Sr. No.	Scheme Name	Managing since	Period
Period for which fund's performance has been provided is computed based on last day of the month-end preceding the date of advertisement Different plans shall have a different expense structure. The performance details provided herein are of regular plan. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments

Sr. No.

Scheme Name

Managing since

Period

1 Years

3 Years

5 Years

Scheme return (%)

Benchmark return (%)

Scheme return (%)

Benchmark return (%)

Scheme return (%)

Benchmark return (%)

Period for which fund's performance has been provided is computed based on last day of the month-end preceding the date of advertisement

Different plans shall have a different expense structure. The performance details provided herein are of regular plan.

Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments

Nilesh has a total work experience of over 16 years. He joined DSP Asset Managers in June 2020 as part of the Equity Investment Team. He has previously worked with Edelweiss Institutional Equity Research. He is a Chartered Accountant (ICAI, India) and holds a Masters of Commerce degree from Mumbai University.

Sr. No.	Scheme Name	Managing since	Period
Period for which fund's performance has been provided is computed based on last day of the month-end preceding the date of advertisement Different plans shall have a different expense structure. The performance details provided herein are of regular plan. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments

Sr. No.

Scheme Name

Managing since

Period

1 Years

3 Years

5 Years

Scheme return (%)

Benchmark return (%)

Scheme return (%)

Benchmark return (%)

Scheme return (%)

Benchmark return (%)

Period for which fund's performance has been provided is computed based on last day of the month-end preceding the date of advertisement

Different plans shall have a different expense structure. The performance details provided herein are of regular plan.

Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments

Investment Objective

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. From time to time, the fund manager will also seek participation in other equity and equity related securities to achieve optimal portfolio construction.
There is no assurance that the investment objective of the Scheme will be realized

Fund Type

Equity – Diversified

Large & Mid-cap

Large & Mid Cap Fund - An open ended equity scheme investing in both large cap and mid cap stocks

Riskometer

Level of Risk in the fund

View details

Minimum Investment

Lumpsum ₹ 100
SIP ₹ 100 (12 instalments)
Additional purchase ₹ 100

Tax Implications (Applies to redemptions or transfers made on or after April 1, 2025)

Taxation category - Equity Oriented Fund Sub Category - Equity Schemes

Holding period	Capital gain type	Applicable tax rate
More than 12 months	Long term	12.5 %
12 months or less	Short term	20 %

Mutual fund taxation is based on the fund’s taxation category, sub-category, and holding period. The applicable tax rates are subject to prevailing tax laws, including surcharges, cess, and exemptions. Please consult a tax advisor for personalized guidance. View detailed tax guide

FAQs

Investors can invest in the scheme in two major ways. The first method is to invest directly through DSP Mutual Fund?s website. The second method is to invest through an intermediary. Prior to investing through an intermediary, it is important for investors to understand that most mutual fund schemes have two plans: direct and regular. The direct plan has a lower expense ratio than the regular plan. One can apply for a direct plan of a mutual fund scheme either through DSP Mutual Fund?s website or through zero-commission mutual fund platforms. One can avail of the regular plan of the mutual fund scheme through a mutual fund distributor. If you are applying for the DSP Large & Mid Cap Fund through an app the name of the direct plan is 'DSP Large & Mid Cap Fund - Direct Plan - Growth'.

Most financial experts are of the view that timing investment in any kind of market-linked investment is near impossible. Further, investors who invest in mutual funds regularly through systematic investment plans ("SIPs") can benefit from Rupee Cost Averaging. It has been widely observed that investments made in mutual funds consistently outperform investments made sporadically. This doctrine is called Rupee Cost Averaging. By consistently investing through SIPs investors bring down the average purchase cost of their investment. It is best to invest in the scheme through SIP instead of investing sporadically. Most investment platforms/apps allow you to set up a SIP to the DSP Large & Mid Cap Fund within seconds, all you need to set up a SIP is your bank account number and mobile number linked to your bank account.

The expense ratio is the annualized fee charged by the mutual fund house to the investors in exchange for providing investment services. Essentially, it is a percentage of your investment that goes for the mutual fund?s operating expense and management fee. In the case of DSP Large & Mid Cap Fund , the expense ratio is more for its regular and less for its direct plan. As discussed above, most mutual funds have two plans: direct and regular. Direct plans have a lower expense ratio whereas regular plans have a higher expense ratio. Regular plans have a higher expense ratio because it is distributed/ sold through an intermediary, i.e., a mutual fund distributor. A higher expense ratio for regular plan ensures that the mutual fund distributor also gets his due share for distributing/selling the mutual fund scheme. The name of the regular plan is DSP Large & Mid Cap Fund Regular Plan Growth option.

One can easily redeem mutual funds units in this scheme by following the below mentioned steps:

(a) Login into your investment platform: Login into your investment platform account with your credentials. Investment platform will be the app/website through which you made the investment, such as DSP Mutual Fund's website, mobile app, or a brokerage firm's platform;
(b) Find your investment: Typically, your investment platform will show all the investments you have made through that platform. Locate the DSP Large & Mid Cap Fund in your portfolio;
(c) Initiate redemption: Select the "Redeem" or "Sell" option for your mutual fund units;
(d) Enter redemption details: Specify the number of units you want to redeem or the amount you want to withdraw;
(e) Confirm redemption: Review the details and confirm your redemption request;
(f) Await processing: Your redemption request will be processed within a specified timeframe. The exact processing time may vary depending on the platform and market conditions
(g) Receive funds: Once the redemption is processed, the funds will be credited to your bank account, as per your preference.

DSP Mutual Fund and its schemes are not registered in any jurisdiction, except the Schemes viz. DSP Large & Mid Cap Fund and DSP Dynamic Asset Allocation Fund, which are registered with the Securities and Commodities Authority (?the SCA?) in the United Arab Emirates (UAE). The distribution of the Schemes in UAE would be undertaken by Barjeel Geojit Securities LLC, which is a licensed local distributor registered with SCA. The distribution of this material in certain jurisdictions may be restricted or subject to registration requirements and, accordingly, persons who come into possession of this material in such jurisdictions are required to inform themselves about, and to observe, any such restrictions.