  Topological semimetals are intensively studied in recent years. Besides the
well known Weyl and Dirac semimetals, some materials posses nodes with linear
crossing of multiple bands. Low energy excitations around these nodes are
called multifold fermions and can be described by $\mathbf{k}\cdot\mathbf{p}$
Hamiltonian with pseudospin greater than 1/2. In the present work we
investigated the contribution of these states into orbital magnetic
susceptibility $\chi$. We have found that, similarly to Weyl semimetals, the
dependence of susceptibility on chemical potential $\mu$ shows an extremum when
$\mu$ is close to the band crossing energy. In the case of half-integer
pseudospin this extremum is a minumum and the susceptibility is negative
(diamagnetic). While in the case of integer pseudospin the susceptibility is
large and positive (paramagnetic) due to the contribution of dispersionless
band. This leads also to nonmonotonic temperature dependence of $\chi$. As an
example, we considered the case of cobalt monosilicide where the states near
the $\Gamma$ point correspond to pseudospin 1 without spin-orbital interaction,
and to a combination of Weyl node and pseudospin-3/2 states with the account of
spin-orbit coupling.
