DSP Multi Cap Fund vs Invesco India Multi Cap Fund
DSP Multi Cap Fund and Invesco India Multi Cap Fund are both Multi Cap funds. As of 6 Nov 2026 (Direct plan, Growth option): 3-year CAGR — vs +13.92%, 5-year CAGR — vs +11.61%, volatility 17.06% vs 17.50%, maximum drawdown −21.27% vs −37.98%. Their portfolios overlap by 15.1% (9 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
| DSP Multi Cap | Invesco India Multi Cap | |
|---|---|---|
| Fund house | DSP Mutual Fund | Invesco Mutual Fund |
| Compared as | Multi Cap | Multi Cap |
| NAV | ₹12.4810 | ₹161.2500 |
| NAV date | 6 Nov 2026 | 6 Nov 2026 |
| Launched (first NAV) | 31 Jan 2024 | 2 Jan 2013 |
| Track record | 2.8 yrs | 13.8 yrs |
| Fund size (AUM) | ₹2,878 Cr | ₹4,301 Cr |
| Securities held | 55 | 73 |
| Portfolio as of | 30 Sep 2026 | 30 Sep 2026 |
| Fund page | Full record → | Full record → |
Returns
| DSP Multi Cap | Invesco India Multi Cap | |
|---|---|---|
| 1 month | +1.09% | +4.81% |
| 3 months | −2.87% | +0.93% |
| 6 months | +0.59% | +7.50% |
| 1 year | +0.57% | +4.61% |
| 3 years (CAGR) | — | +13.92% |
| 5 years (CAGR) | — | +11.61% |
| 7 years (CAGR) | — | +17.53% |
| 10 years (CAGR) | — | +14.71% |
| Since launch (CAGR) | +8.27% | +17.21% |
| SIP return (XIRR, 5 years) ⓘ | — | +12.74% |
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
| DSP Multi Cap | Invesco India Multi Cap | |
|---|---|---|
| 2026 (year to date) | −0.02% | +6.47% |
| 2025 | +1.78% | −5.57% |
| 2024 | — | +31.46% |
| 2023 | — | +33.52% |
| 2022 | — | −0.84% |
| 2021 | — | +42.54% |
Risk
| DSP Multi Cap | Invesco India Multi Cap | |
|---|---|---|
| Volatility (annualised) ⓘ | 17.06% | 17.50% |
| Downside volatility ⓘ | 11.75% | 12.45% |
| Sharpe ratio ⓘ | 0.10 | 0.42 |
| Sortino ratio ⓘ | 0.15 | 0.60 |
| Maximum drawdown ⓘ | −21.27% | −37.98% |
| Recovery from that fall | — | 8 months |
| Current fall from peak | −4.62% | −3.37% |
| Rolling 1-year return: worst | −7.13% | −28.33% |
| Rolling 1-year return: median | +3.14% | +14.98% |
| Rolling 1-year return: best | +16.13% | +102.29% |
| Share of 1-year periods with a loss | 24.77% | 21.58% |
Against each fund's benchmark
| DSP Multi Cap | Invesco India Multi Cap | |
|---|---|---|
| Beta ⓘ | 1.01 | 1.02 |
| Alpha (Jensen's, annualised) ⓘ | +1.02% | +0.70% |
| R² ⓘ | 93.44 | 92.77 |
| Upside capture | 106.66% | 108.14% |
| Downside capture | 103.33% | 109.38% |
| Tracking error | 4.39% | 4.76% |
| Information ratio | 0.22 | 0.15 |
| Treynor ratio | -0.07 | 5.71 |
Portfolio
Asset mix
| DSP Multi Cap | Invesco India Multi Cap | |
|---|---|---|
| Equity | 95.89% | 99.49% |
| Cash & equivalents | 4.11% | 0.51% |
Market-cap split (share of fund assets)
| DSP Multi Cap | Invesco India Multi Cap | |
|---|---|---|
| Large Cap | 33.63% | 37.02% |
| Mid Cap | 29.73% | 27.74% |
| Small Cap | 32.53% | 30.65% |
| Unclassified | 0.00% | 4.08% |
Concentration
| DSP Multi Cap | Invesco India Multi Cap | |
|---|---|---|
| Top 10 holdings | 36.51% | 26.82% |
| Effective number of stocks ⓘ | 41.8 | 56.5 |
| Securities held | 55 | 73 |
Portfolio overlap: 15.1%
9 companies are held by both funds; by weight, 15.1% of the two portfolios is the same. That is a low overlap: the two portfolios are largely different.
| Held by both | DSP Multi Cap | Invesco India Multi Cap |
|---|---|---|
| ICICI Bank Limited | 5.38% | 3.57% |
| Axis Bank Limited | 3.78% | 2.41% |
| Coforge Limited | 2.87% | 2.05% |
| Sai Life Sciences Limited | 1.57% | 2.71% |
| HDFC Bank Limited | 6.40% | 1.41% |
| Hindustan Aeronautics Limited | 1.31% | 1.25% |
| Nippon Life India Asset Management Limited | 0.98% | 2.01% |
| Mahindra & Mahindra Limited | 2.76% | 0.95% |
| APL Apollo Tubes Limited | 2.43% | 0.87% |
Top 10 holdings
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%
Invesco India Multi Cap
- Eternal Limited4.33%
- ICICI Bank Limited3.57%
- Sai Life Sciences Limited2.71%
- InterGlobe Aviation Limited2.70%
- Axis Bank Limited2.41%
- Krishna Institute Of Medical Sciences Limited2.38%
- TVS Motor Company Ltd.2.28%
- Dr Agarwals Health Care Limited2.25%
- AU Small Finance Bank Limited2.14%
- Coforge Limited2.05%
Sector exposure
| DSP Multi Cap | Invesco India Multi Cap | |
|---|---|---|
| Banks | 15.56% | 15.17% |
| Pharmaceuticals & Biotechnology | 13.60% | 4.85% |
| Retailing | 2.96% | 10.34% |
| Industrial Products | 10.28% | 3.07% |
| Insurance | 8.94% | 0.00% |
| Capital Markets | 4.58% | 8.40% |
| Healthcare Services | 2.44% | 8.00% |
| Automobiles | 5.38% | 3.23% |
| Auto Components | 3.08% | 4.90% |
| IT - Software | 2.87% | 4.80% |
| Finance | 0.00% | 4.60% |
| Transport Services | 0.00% | 4.52% |
| Electrical Equipment | 1.19% | 4.07% |
| Chemicals & Petrochemicals | 3.95% | 0.43% |
Questions people ask
What is the difference between DSP Multi Cap and Invesco India Multi Cap returns?
As of 6 Nov 2026, Direct plan Growth option: 1-year return +0.57% vs +4.61%; 3-year CAGR — vs +13.92%; 5-year CAGR — vs +11.61%; 10-year CAGR — vs +14.71%. Past returns do not indicate future returns.
How do DSP Multi Cap and Invesco India Multi Cap compare on risk?
Volatility (36 monthly returns, annualised) 17.06% vs 17.50%; Sharpe ratio 0.10 vs 0.42; Sortino ratio 0.15 vs 0.60; maximum drawdown −21.27% vs −37.98%; beta 1.01 vs 1.02.
How much do DSP Multi Cap and Invesco India Multi Cap overlap?
By weight, 15.1% of the two portfolios is invested in the same companies; 9 stocks are held by both, the largest shared positions being ICICI Bank Limited, Axis Bank Limited, Coforge Limited. Based on the portfolios disclosed for Sep 2026 and Sep 2026.
What is the large, mid and small cap split of DSP Multi Cap and Invesco India Multi Cap?
DSP Multi Cap: large cap 33.6%, mid cap 29.7%, small cap 32.5%. Invesco India Multi Cap: large cap 37.0%, mid cap 27.7%, small cap 30.7% (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.
More comparisons
DSP Multi Cap vs
Invesco India Multi Cap vs
All Multi Cap comparisons → · Compare up to six funds yourself → · Every fund in this category → · All comparisons →
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.