DSP Small Cap Fund - Direct Plan
Current NAV
₹235.33
1Y Return
+6.6%
3Y Return
+18.9%
5Y Return
+18.4%
AUM
₹18,619 Cr
Category
Small Cap
Top Holdings
Top stocks held by this fund as of May 2026 (Source: AMC monthly disclosure)
Lumax Auto Technologies Limited
Auto Components
Kirloskar Oil Engines Limited
Industrial Products
Thangamayil Jewellery Limited
Consumer Durables
Sansera Engineering Limited
Auto Components
WELSPUN CORP LIMITED
Industrial Products
Jubilant Ingrevia Limited
Chemicals & Petrochemicals
Dodla Dairy Limited
Food Products
LT Foods Limited
Agricultural Food & other Products
Shriram Pistons & Rings Limited
Auto Components
eClerx Services Limited
Commercial Services & Supplies
Triveni Engineering & Industries Limited
Agricultural Food & other Products
IPCA Laboratories Limited
Pharmaceuticals & Biotechnology
Gland Pharma Limited
Pharmaceuticals & Biotechnology
Swaraj Engines Limited
Industrial Products
Harsha Engineers International Limited
Industrial Products
Atul Limited
Chemicals & Petrochemicals
Prudent Corporate Advisory Services Limited
Capital Markets
Suprajit Engineering Limited
Auto Components
Cyient Limited
IT - Services
📋 All returns shown are for Direct-Growth plan. Data from AMC monthly portfolio disclosure.
SIP in DSP Small Cap Fund - Direct Plan
If you had invested ₹10,000/month via SIP:
1 Year SIP
₹123,960
Invested: ₹1,20,000
3 Year SIP
₹428,040
Invested: ₹3,60,000
5 Year SIP
₹820,800
Invested: ₹6,00,000
Invest in DSP Small Cap Fund - Direct Plan
Start SIP from ₹500/month on these platforms
Portfolio Overlap
Funds that share the most stock holdings with DSP Small Cap Fund - Direct Plan.
View full overlap analysis →More Small Cap Funds
About Small Cap Funds
Small Cap mutual funds are a category defined by SEBI (Securities and Exchange Board of India) under their mutual fund categorization framework. These funds invest primarily in equities that match the small cap profile, with specific allocation mandates that fund managers must follow. The category determines the fund's risk-return characteristics and its suitability for different investor profiles.
When evaluating a Small Cap fund like DSP Small Cap Fund - Direct Plan, key metrics to consider include: 3-year and 5-year CAGR (rolling returns are more reliable than point-to-point), expense ratio (Direct plans have lower costs), portfolio turnover, standard deviation (volatility measure), Sharpe ratio (risk-adjusted returns), and alpha generation over benchmark. A fund that consistently beats its benchmark index over multiple market cycles is a strong candidate.
For long-term wealth creation, Small Cap funds work best with a systematic investment plan (SIP) over 5+ years. SIP helps average out market volatility through rupee cost averaging. Lump sum investments are better timed during market corrections. Always ensure your mutual fund portfolio is diversified across 3-4 categories rather than concentrating in a single fund type. Consult a SEBI-registered investment advisor for personalized advice based on your financial goals and risk appetite.
Frequently Asked Questions
Is DSP Small Cap Fund - Direct Plan good for SIP?
DSP Small Cap Fund - Direct Plan is a Small Cap fund with very-high risk. For SIP investors, consistency of returns matters more than absolute returns. Check the fund's rolling returns and standard deviation before committing to a SIP. Small Cap funds are generally suitable for SIP with a minimum 5-year investment horizon for optimal results.
What is the risk level of this fund?
DSP Small Cap Fund - Direct Plan is categorized as very-high risk as per SEBI's riskometer methodology. This assessment considers market cap allocation, sector concentration, and historical portfolio volatility. Higher risk funds may deliver better long-term returns but expect 20-40% drawdowns during market corrections.
How to invest in this fund?
You can invest in DSP Small Cap Fund - Direct Plan (Direct-Growth plan) through platforms like Groww, Zerodha Coin, Kuvera, or directly from the AMC website. Minimum SIP amount starts at ₹500/month on most platforms. Complete KYC (PAN + Aadhaar verification) is mandatory before your first investment.
What are the tax implications?
For equity mutual funds in India: Short-term capital gains (units held less than 1 year) are taxed at 20%. Long-term capital gains (held more than 1 year) above ₹1.25 lakh in a financial year are taxed at 12.5%. ELSS funds have a mandatory 3-year lock-in period. Dividend income from mutual funds is added to your income and taxed at your applicable slab rate.