Aditya Birla Sun Life Multi-Cap Fund vs DSP Multi Cap Fund
Aditya Birla Sun Life Multi-Cap Fund and DSP Multi Cap Fund are both Multi Cap funds. As of 6 Nov 2026 (Direct plan, Growth option): 3-year CAGR +15.31% vs —, 5-year CAGR +12.32% vs —, volatility 16.09% vs 17.06%, maximum drawdown −19.95% vs −21.27%. Their portfolios overlap by 11% (8 stocks held by both).
Showing the Direct plan, Growth option. Portfolio, sector and market-cap figures are the same for every plan and option of a fund.
Key facts
| Aditya Birla Sun Life Multi-Cap | DSP Multi Cap | |
|---|---|---|
| Fund house | Aditya Birla Sun Life Mutual Fund | DSP Mutual Fund |
| Compared as | Multi Cap | Multi Cap |
| NAV | ₹22.8300 | ₹12.4810 |
| NAV date | 6 Nov 2026 | 6 Nov 2026 |
| Launched (first NAV) | 10 May 2021 | 31 Jan 2024 |
| Track record | 5.5 yrs | 2.8 yrs |
| Fund size (AUM) | ₹7,244 Cr | ₹2,878 Cr |
| Securities held | 86 | 55 |
| Portfolio as of | 30 Sep 2026 | 30 Sep 2026 |
| Fund page | Full record → | Full record → |
Returns
| Aditya Birla Sun Life Multi-Cap | DSP Multi Cap | |
|---|---|---|
| 1 month | +2.79% | +1.09% |
| 3 months | −0.48% | −2.87% |
| 6 months | +6.48% | +0.59% |
| 1 year | +7.33% | +0.57% |
| 3 years (CAGR) | +15.31% | — |
| 5 years (CAGR) | +12.32% | — |
| 7 years (CAGR) | — | — |
| 10 years (CAGR) | — | — |
| Since launch (CAGR) | +15.97% | +8.27% |
| SIP return (XIRR, 5 years) ⓘ | +13.66% | — |
Up to one year: absolute return. Beyond one year: CAGR. Computed from each fund's own NAV history (AMFI), measured to the latest NAV.
Calendar-year returns
| Aditya Birla Sun Life Multi-Cap | DSP Multi Cap | |
|---|---|---|
| 2026 (year to date) | +7.79% | −0.02% |
| 2025 | +3.12% | +1.78% |
| 2024 | +23.88% | — |
| 2023 | +29.94% | — |
| 2022 | +1.43% | — |
Risk
| Aditya Birla Sun Life Multi-Cap | DSP Multi Cap | |
|---|---|---|
| Volatility (annualised) ⓘ | 16.09% | 17.06% |
| Downside volatility ⓘ | 10.98% | 11.75% |
| Sharpe ratio ⓘ | 0.55 | 0.10 |
| Sortino ratio ⓘ | 0.80 | 0.15 |
| Maximum drawdown ⓘ | −19.95% | −21.27% |
| Recovery from that fall | 16 months | — |
| Current fall from peak | −2.14% | −4.62% |
| Rolling 1-year return: worst | −5.83% | −7.13% |
| Rolling 1-year return: median | +8.86% | +3.14% |
| Rolling 1-year return: best | +45.17% | +16.13% |
| Share of 1-year periods with a loss | 9.92% | 24.77% |
Against each fund's benchmark
| Aditya Birla Sun Life Multi-Cap | DSP Multi Cap | |
|---|---|---|
| Beta ⓘ | 0.95 | 1.01 |
| Alpha (Jensen's, annualised) ⓘ | +2.44% | +1.02% |
| R² ⓘ | 94.12 | 93.44 |
| Upside capture | 106.14% | 106.66% |
| Downside capture | 97.60% | 103.33% |
| Tracking error | 4.06% | 4.39% |
| Information ratio | 0.60 | 0.22 |
| Treynor ratio | 7.99 | -0.07 |
Portfolio
Asset mix
| Aditya Birla Sun Life Multi-Cap | DSP Multi Cap | |
|---|---|---|
| Equity | 95.76% | 95.89% |
| Cash & equivalents | 4.19% | 4.11% |
Market-cap split (share of fund assets)
| Aditya Birla Sun Life Multi-Cap | DSP Multi Cap | |
|---|---|---|
| Large Cap | 35.08% | 33.63% |
| Mid Cap | 28.46% | 29.73% |
| Small Cap | 28.15% | 32.53% |
| Unclassified | 4.12% | 0.00% |
Concentration
| Aditya Birla Sun Life Multi-Cap | DSP Multi Cap | |
|---|---|---|
| Top 10 holdings | 23.73% | 36.51% |
| Effective number of stocks ⓘ | 71 | 41.8 |
| Securities held | 86 | 55 |
Portfolio overlap: 11%
8 companies are held by both funds; by weight, 11% of the two portfolios is the same. That is a low overlap: the two portfolios are largely different.
| Held by both | Aditya Birla Sun Life Multi-Cap | DSP Multi Cap |
|---|---|---|
| ICICI Bank Limited | 2.87% | 5.38% |
| Axis Bank Limited | 1.65% | 3.78% |
| Sai Life Sciences Limited | 1.89% | 1.57% |
| Coforge Limited | 1.28% | 2.87% |
| Coal India Limited | 1.24% | 2.00% |
| Max Financial Services Limited | 1.15% | 3.55% |
| APL Apollo Tubes Limited | 1.02% | 2.43% |
| Nippon Life India Asset Management Limited | 0.19% | 0.98% |
Top 10 holdings
Aditya Birla Sun Life Multi-Cap
- ICICI Bank Limited2.87%
- TD Power Systems Limited2.70%
- Eternal Limited2.63%
- Sansera Engineering Limited2.46%
- One 97 Communications Limited2.35%
- Lenskart Solutions Limited2.31%
- Adani Energy Solutions Limited2.31%
- Persistent Systems Limited2.10%
- RBL Bank Limited2.09%
- Sai Life Sciences Limited1.89%
DSP Multi Cap
- HDFC Bank Limited6.40%
- ICICI Bank Limited5.38%
- Axis Bank Limited3.78%
- Max Financial Services Limited3.55%
- Alkem Laboratories Limited3.26%
- Info Edge (India) Limited2.96%
- Coforge Limited2.87%
- Kirloskar Oil Engines Limited2.83%
- Mahindra & Mahindra Limited2.76%
- Cipla Limited2.72%
Sector exposure
| Aditya Birla Sun Life Multi-Cap | DSP Multi Cap | |
|---|---|---|
| Banks | 12.64% | 15.56% |
| Pharmaceuticals & Biotechnology | 5.33% | 13.60% |
| Industrial Products | 1.68% | 10.28% |
| Auto Components | 9.29% | 3.08% |
| Insurance | 1.15% | 8.94% |
| Electrical Equipment | 8.93% | 1.19% |
| Retailing | 7.83% | 2.96% |
| Automobiles | 3.91% | 5.38% |
| IT - Software | 5.06% | 2.87% |
| Capital Markets | 2.36% | 4.58% |
| Finance | 3.98% | 0.00% |
| Chemicals & Petrochemicals | 0.88% | 3.95% |
| Consumer Durables | 1.52% | 3.89% |
| Beverages | 3.03% | 0.00% |
Questions people ask
What is the difference between Aditya Birla Sun Life Multi-Cap and DSP Multi Cap returns?
As of 6 Nov 2026, Direct plan Growth option: 1-year return +7.33% vs +0.57%; 3-year CAGR +15.31% vs —; 5-year CAGR +12.32% vs —; 10-year CAGR — vs —. Past returns do not indicate future returns.
How do Aditya Birla Sun Life Multi-Cap and DSP Multi Cap compare on risk?
Volatility (36 monthly returns, annualised) 16.09% vs 17.06%; Sharpe ratio 0.55 vs 0.10; Sortino ratio 0.80 vs 0.15; maximum drawdown −19.95% vs −21.27%; beta 0.95 vs 1.01.
How much do Aditya Birla Sun Life Multi-Cap and DSP Multi Cap overlap?
By weight, 11% of the two portfolios is invested in the same companies; 8 stocks are held by both, the largest shared positions being ICICI Bank Limited, Axis Bank Limited, Sai Life Sciences Limited. Based on the portfolios disclosed for Sep 2026 and Sep 2026.
What is the large, mid and small cap split of Aditya Birla Sun Life Multi-Cap and DSP Multi Cap?
Aditya Birla Sun Life Multi-Cap: large cap 35.1%, mid cap 28.5%, small cap 28.2%. DSP Multi Cap: large cap 33.6%, mid cap 29.7%, small cap 32.5% (share of the fund's assets, from its latest disclosed portfolio).
Is this a recommendation to choose one of these funds?
No. This page places the published figures of both funds side by side. It does not rank, rate or recommend either fund; which one suits an investor depends on their goals, horizon and risk tolerance.
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Sources: NAV from AMFI; returns, risk and ratios computed by MF Analyser from each fund's NAV history (risk on 36 monthly returns, risk-free rate 6.5%); benchmark ratios against each fund's benchmark total-return index; portfolios from each fund house's monthly disclosure. Returns and ratios as of 6 Nov 2026. IDCW options show no return or risk figures because payouts reduce the NAV and AMFI's file carries no payout history to add back. This page compares published figures only — it does not rank, rate or recommend either fund. Past performance does not indicate future returns; mutual fund investments are subject to market risks.