Equity
Direct
Mid-Cap
NAV as on 06-09-2024
₹ 165.89
1D
Inception Returns
19.7%
/yr
DSP Midcap Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Abhishek Ghosh, Vinit Sambre, Resham Jain, Jay Kothari. The fund could potentially beat inflation in the long-run.
DSP Midcap Fund Direct Growth has given a CAGR return of 19.65% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 42.07%, 18.93% and 25.38% respectively.
DSP Midcap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Consumer Cyclical, Financial Services, Basic Materials, Tech, Health, Consumer Defensive, Energy, Real Estate, Utilities, Communication. Its top holdings are Bharat Forge Ltd, Ipca Laboratories Ltd, Coforge Ltd, The Federal Bank Ltd, Coromandel International Ltd
As it is a mid-cap mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
The primary investment objective is to seek to generate long term capital appreciation from a portfolio that is substantially constituted of equity and equity related securities of midcap companies. From time to time, the fund manager will also seek participation in other equity and equity related securities to achieve optimal portfolio construction. There is no assurance that the investment objective of the Scheme will be realized.
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. DSP Midcap Fund Direct Growth has no lock in period.
Expense ratio | 0.7% |
Benchmark | S&P BSE Midcap TR INR |
AUM | ₹20014 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 22.18% |
STCG | Redeeming before 1 year, returns taxed at 20%. |
LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
Risk | Very High Risk |
as on (06-Sep-24)
as on (31-Jul-24)
Top 3 Sectors in July were Industrial, Consumer Cyclical & Financial Services
DSP Midcap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 6.38% | 6.38% |
6 Month Returns | 28.71% | 28.71% |
1 Year Returns | 42.07% | 42.07% |
3 Years Returns | 68.22% | 18.93% |
5 Years Returns | 209.86% | 25.38% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
DSP Midcap Fund Direct Growth | -3.63 | -5.2 | -1.88 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
DSP Midcap Fund Direct Growth | 1.02 | 0.93 | 0.85 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
DSP Midcap Fund Direct Growth | 2.06 | 0.91 | 1.03 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
DSP Midcap Fund Direct Growth | 15.7 | 15.09 | 19.08 |