Historical NAV & Returns
Absolute
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8275 people have invested ₹ 3.9Cr in DSP Midcap Fund Direct Growth in the last three months
About DSP Midcap Fund Direct Growth
DSP Midcap Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Vinit Sambre, Abhishek Ghosh. The fund could potentially beat inflation in the long-run.
Key Parameters
- DSP Midcap Fund Direct Growth has ₹17204 Cr worth of assets under management (AUM) as on Mar 2025 and is more than category average.
- The fund has an expense ratio 0.8.
Returns
DSP Midcap Fund Direct Growth has given a CAGR return of 16.91% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 3.67%, 12.96% and 22.80% respectively.
Holdings
DSP Midcap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Basic Materials, Financial Services, Health, Industrial, Tech, Energy, Consumer Defensive, Real Estate, Communication, Utilities. Its top holdings are Coforge Ltd, Ipca Laboratories Ltd, Coromandel International Ltd, Max Financial Services Ltd, Bharat Forge Ltd
Taxation
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 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of DSP Midcap Fund Direct Growth
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 and lockin period
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.
DSP Midcap Fund Direct Growth Overview
| Expense ratio | 0.77% |
Benchmark | Nifty Midcap 150 TR INR |
| AUM | ₹17204 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 22.18% |
| STCG | Selling mutual fund 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 |
INDmoney Rank for DSP Midcap Fund Direct Growth
Powered by IND quant engine
19
/19
23% Performance
29% Risk Management
61% Cost
19 out of 19 among mid-cap
Beats FD returns for both 3Y & 5Y
Has not generated consistent returns
Does not beat the benchmark consistently
Higher probablity of downside risk
Trailing Returns
as on (11-Apr-25)
Fund Distribution
as on (31-Mar-25)
Mid cap
65.8%
Small cap
15.7%
Large cap
11.8%
Sector Allocation
Consumer Cyclical
20.6%
Basic Materials
15.7%
Financial Services
15.1%
Health
12.1%
Industrial
11.9%
Tech
11.3%
Energy
3.3%
Consumer Defensive
3.2%
Real Estate
2.7%
Communication
2.4%
Utilities
1.7%
All changes are between Jan'25 and Mar'25
- This fund’s returns stands at 8.33% whereas the fund’s underlying benchmark Nifty Midcap 150 returns stands at 7.55% as on Mar'25
- This fund outperformed Nifty Midcap 150 by 0.78% in Mar'25
- AUM of the fund stands at 17.2K Cr as of Mar'25
- AUM decreased by 558.4 Cr between Mar'25 and Feb'25
Top Stocks bought last month
Hindustan Petroleum Corp Ltd's allocation increased from 1.76% to 1.99%
Alembic Pharmaceuticals Ltd's allocation increased from 1.39% to 1.6%
Max Financial Services Ltd's allocation increased from 2.8% to 2.97%
Top Stocks sold last month
Ipca Laboratories Ltd's allocation decreased from 5.26 % to 4.05 %
Coromandel International Ltd's allocation decreased from 3.46 % to 3.38 %
Phoenix Mills Ltd's allocation decreased from 2.99 % to 2.49 %
Large Cap allocation has gone down from 12.1% to 11.8%
Small Cap allocation has gone down from 16.5% to 15.7%
Mid Cap allocation has gone down from 66.5% to 65.8%
Cash allocation has gone up from 4.9% to 6.8%
Top 3 Sectors in March were Consumer Cyclical, Basic Materials & Industrial
Mar'25
Consumer Cyclical
21%
Basic Materials
16%
Financial Services
15%
Feb'25
Consumer Cyclical
18%
Basic Materials
17%
Industrial
15%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Coforge Ltd | 4.53% | 0% | |
 Ipca Laboratories Ltd | 4.05% | 0% | |
 Coromandel International Ltd | 3.38% | -11% | |
 Max Financial Services Ltd | 2.97% | 0% | |
 Bharat Forge Ltd | 2.87% | -4.9% |
See all
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
 DSP Midcap Fund Direct Growth | 3.67% | 12.96% | 22.8% | 16.91% |
 Invesco India Mid Cap Fund Direct Plan Growth Option | 12.39% | 20.5% | 30.79% | 20.69% |
 Motilal Oswal Midcap Direct Growth | 8.95% | 24.23% | 35.96% | 23.05% |
 Kotak Emerging Equity Scheme Direct Growth | 7.13% | 16.57% | 31.36% | 20.07% |
See all
Top Growth Drivers | 1M Return |
|---|---|
 Max Financial Services Ltd | 11.9% |
 Coromandel International Ltd | 9.1% |
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Vinit Sambre
Fund Manager of DSP Midcap Fund Direct Growth, since 1 July 2012
Top funds managed
Abhishek Ghosh
Fund Manager of DSP Midcap Fund Direct Growth, since 1 September 2022
Top funds managed
Fund House
DSP Asset Managers Private Limited
Total Schemes
Total AUM
₹1.28L Cr
as on 30-Sep-2023
Address
India
Phone
91-22-66578000
Website
service@dspblackrock.com
Mutual Fund Insights
In the last 3 years, Motilal Oswal Midcap Direct Growth has given 24.23% return, outperforming this fund by 11.26% per annum.
In the last 5 years, Motilal Oswal Midcap Direct Growth has given 35.96% return, outperforming this fund by 13.16% per annum.
Over the last 1 month, this fund has decreased expense ratio by 1.3% moving from 0.78 to 0.77.
In the last 1 year, Invesco India Mid Cap Fund Direct Plan Growth Option has given 12.39% return, outperforming this fund by 8.72%.
Over the last 6 months, this fund has experienced a 15.0% drop in AUM moving from 20.23K Cr to 17.20K Cr.
This fund expense ratio is slightly on the lower side within the category (mid-cap). Its expense ratio is 0.77% which is lower than the category average expense ratio of 1.18%.
DSP Midcap Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 16.91% since inception which is less than its category average return of 17.8%
Fund Allocations
This fund has an allocation of 93.23% in Equity, 0% in Debt and 6.77% in Cash related instruments
AUM size ₹17204 Cr
This fund has AUM of ₹17204 Cr which is more than its category average of ₹ 11735 Cr
Expense Ratio 0.77%
This fund has an expense ratio of 0.77% which is less than its category average expense ratio of 1.21%
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5Y CAGR
▲ 35.44
5Y CAGR
▲ 25.82
5Y CAGR
▲ 26.81
5Y CAGR
▲ 27.78
5Y CAGR
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Frequently Asked Questions for DSP Midcap Fund Direct Growth
The current NAV of DSP Midcap Fund Direct Growth is ₹138.84 as on 11-Apr-2025.
Existing (Absolute + CAGR) as on 11-Apr-2025.
DSP Midcap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.52% | 1.52% |
6 Month Returns | -17.13% | -17.13% |
1 Year Returns | 3.67% | 3.67% |
3 Years Returns | 44.15% | 12.96% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.77% as on March 2025
₹17204 Cr as on March 2025
Coforge Ltd(4.53%), Ipca Laboratories Ltd(4.05%), Coromandel International Ltd(3.38%), Max Financial Services Ltd(2.97%), Bharat Forge Ltd(2.87%) as on March 2025
Consumer Cyclical(19.2%), Basic Materials(14.68%), Financial Services(14.11%) as on March 2025
The alpha ratio for the DSP Midcap Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
DSP Midcap Fund Direct Growth | 4.84 | -3.57 | -4.4 |
As on March 2025
The alpha for DSP Midcap Fund Direct Growth is calculated against Nifty Midcap 150 TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the DSP Midcap Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
DSP Midcap Fund Direct Growth | 1.08 | 0.98 | 0.88 |
As on March 2025
The Beta for DSP Midcap Fund Direct Growth is calculated with Nifty Midcap 150 TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the DSP Midcap Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
DSP Midcap Fund Direct Growth | 0.37 | 0.57 | 1.12 |
As on March 2025
The sharpe ratio for DSP Midcap Fund Direct Growth is calculated with Nifty Midcap 150 TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the DSP Midcap Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
DSP Midcap Fund Direct Growth | 22.13 | 17.54 | 16.77 |
As on March 2025
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 0.93 as on March 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Vinit Sambre, Abhishek Ghosh are the fund managers of DSP Midcap Fund Direct Growth
The Exit load of DSP Midcap Fund Direct Growth is 1%