Investment Objective and Approach

The primary investment objective of DSP Small Cap Fund is to seek long-term capital appreciation from a portfolio that is substantially constituted of equity and equity related securities of small cap companies. From time to time, the fund manager will also seek participation in other equity and equity related securities to achieve optimal portfolio construction.

The fund follows a strategic investment approach by targeting companies ranked 251 and onwards by market capitalization. DSP Small Cap Fund invests in some of the smallest, fastest growing & innovative Indian companies. It considers companies with strong business models in high growth sectors and efficient management teams focused on utilizing resources wisely to eventually unlock high-growth potential.

Some of these companies could be just starting out and still in the early stages of proving their business plans- generally under-owned, under-researched & under-valued. Offers the potential to 'earn big' returns by utilizing this high-risk, high-return strategy.

Key investment parameters include:

- Minimum 65% investment in small cap companies (ranked 251 and onwards by market cap)

- Maximum 35% allocation to other equity securities in top 250 companies

- Focus on high growth sectors with strong fundamentals

- Long-term capital appreciation strategy

Fund Managers

Vinit Sambre and Jay Kothari are the current fund managers of DSP Small Cap Fund.

Vinit Sambre serves as the lead fund manager and Head of Equities at DSP Mutual Fund. Vinit specializes in the small and mid cap space and has over 16 years of relevant work experience. He joined DSP Mutual Fund in 2007 and is currently Head of Equities. Mr. Vinit Sambre has been managing the fund since June 1, 2020.

His professional background includes experience at:

- DSP Merrill Lynch as Equity Strategist

- IL&FS Investsmart Limited as Equity Analyst in PMS division

- UTI Investment Advisory Services as Equity Analyst for India Growth Fund

- Vinit is a Chartered Accountant from Institute of Chartered Accountant of India.

Jay Kothari co-manages the fund and brings additional expertise to the investment process. He has over 9 years of experience in the mutual fund industry.

About the Fund House (AMC)

DSP Mutual Fund, managed by DSP Asset Managers Private Limited, is one of India's leading asset management companies with a rich heritage. DSP Group is a 152-year old financial company. The firm started stockbroking business back in the 1860s.

Key highlights of DSP Mutual Fund:

- As of 31 March 2024, DSP Mutual Fund has 372 schemes and an AuM of 148,063.36 Crores.

- With over 20 years of experience in delivering consistent investment performance, the AMC has successfully attracted a large base of investors through its strong track record.

- Currently, Mr. Kalpen Parekh is the Managing Director & CEO of DSP Mutual Fund.

- The DSP group (which owns the AMC) is a 150+ year old financial company which started stock broking as early as the 1860s. Since its inception, the fund house has grown to become one of India's premier AMCs with a track record of over 20 years.

The AMC offers comprehensive investment solutions across equity, debt, hybrid categories, international funds, ETFs, and close-ended funds, demonstrating its commitment to diverse investment needs.

Should I Invest in DSP Small Cap Fund?

DSP Small Cap Fund is suitable for investors who:

Investment Suitability:

- Have a long-term investment horizon of 7+ years

- Can tolerate high volatility and market fluctuations

- Seek potential for higher returns compared to large-cap funds

- Want exposure to emerging and innovative Indian companies

- Have experience with equity investments or access to expert advice

Key Considerations:

- Warning: Do not invest in this, or any other small-cap fund, if you need to redeem your investment in less than seven years.

- Compared to those that invest in larger companies, such funds tend to fall more when stock prices fall.

- Like for all equity funds, you must invest only through the SIP route.

Investment Parameters:

- Minimum SIP Investment: ₹100

- Minimum Lumpsum Investment: ₹100

- Exit load of 1% if redeemed less than 12 months

Performance Track Record:

- The AUM (assets under management) of DSP Small Cap Fund is ₹17,005.25 Cr as of 14th August 2025.

- Over the past five years, DSP Small Cap Fund has delivered an annualised return of 29.19% as of 20-Aug-2025.

This fund is ideal for experienced investors seeking long-term wealth creation through exposure to India's small-cap growth story, provided they can handle the inherent volatility of small-cap investments.

FAQs

What is today's NAV of DSP Small Cap Fund?

The latest declared NAV of DSP Small Cap Fund - Direct Plan is ₹216.41 as of 20-Aug-2025. NAVs are updated daily and can be checked on the DSP Mutual Fund website or financial platforms.

What is the AUM of DSP Small Cap Fund?

The AUM (assets under management) of DSP Small Cap Fund is ₹17,005.25 Cr as of 14th August 2025.

What is the expense ratio of DSP Small Cap Fund?

The expense ratio of DSP Small Cap Fund is 0.77% as of 14th August 2025.

What are the returns of DSP Small Cap Fund since inception?

Over the past five years, DSP Small Cap Fund has delivered an annualised return of 29.19% as of 20-Aug-2025. Detailed returns data can be found on official fund factsheets.

What is the minimum SIP amount to invest in DSP Small Cap Fund?

The minimum SIP investment is ₹100 with no upper limit, making it accessible for retail investors.

How do I invest in DSP Small Cap Fund?

You can invest through Allvest platform, DSP Mutual Fund website directly, or through registered mutual fund distributors. Complete your KYC and choose between SIP or lumpsum investment options.

How to start a SIP in DSP Small Cap Fund?

Register on Allvest platform, complete your KYC, select DSP Small Cap Fund, choose SIP frequency (monthly/quarterly), set investment amount (minimum ₹100), and set up auto-debit instructions.

How do I automate an SIP in DSP Small Cap Fund?

Set up an e-NACH or bank mandate through Allvest platform for automatic monthly deductions. This ensures seamless SIP continuation without manual intervention each month.

How can I withdraw/redeem my investment in DSP Small Cap Fund?

Submit redemption request through Allvest platform or DSP website. Note: 1% exit load applies if redeemed within 12 months of investment. Proceeds are typically credited within 3-4 business days.