DSP Midcap Fund Direct Growth

DSP Midcap Fund Direct Growth

Equity

Direct

Mid-Cap

NAV as on 24-03-2025

₹ 146.45

▲1.3%

1D

Inception Returns

17.4%

/yr

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

  1. DSP Midcap Fund Direct Growth has ₹17762 Cr worth of assets under management (AUM) as on Jan 2025 and is more than category average.
  2. The fund has an expense ratio 0.8.

Returns

DSP Midcap Fund Direct Growth has given a CAGR return of 17.36% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 15.40%, 15.93% and 23.55% respectively.

Holdings

DSP Midcap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Basic Materials, Financial Services, Industrial, Health, Tech, Consumer Defensive, Real Estate, Energy, Communication, Utilities. Its top holdings are Coforge Ltd, Ipca Laboratories Ltd, Coromandel International Ltd, Phoenix Mills Ltd, JK Cement 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 benefit
Dividends 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.

Historical NAV & Returns

Absolute
▲
▼

zero opening, trading, fund transfer fee
8664 people have invested ₹ 3.8Cr in DSP Midcap Fund Direct Growth in the last three months

INDmoney Rank for DSP Midcap Fund Direct Growth

Powered by IND quant engine
19
/19
18% Performance
29% Risk Management
59% Cost
19 out of 19 among mid-cap
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Beats FD returns for both 3Y & 5Y
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Has not generated consistent returns
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Does not beat the benchmark consistently
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Higher probablity of downside risk

DSP Midcap Fund Direct Growth Overview

Expense ratio0.77%
Benchmark
S&P BSE Midcap TR INR
AUM₹17762 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹100/₹100
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
22.18%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (24-Mar-25)

Period
DSP Midcap Fund Direct Growth
Nifty Midcap 150
mid-cap
1M
3%
4.9%
2.8%
3M
-10.1%
-7.9%
-10%
6M
-14%
-13.7%
-14.1%
1Y
15.4%
10.9%
12.1%
3Y
15.9%
21%
19.6%
5Y
23.6%
35.8%
29.7%

Fund Distribution

as on (31-Jan-25)

  • Equity 95.2%

  • Debt & Cash 4.8%

Mid cap
67.1%
Small cap
16.3%
Large cap
11.8%
Sector Allocation

Feb'25

Jan'25

Dec'24

Consumer Cyclical
18.4%
Basic Materials
16.8%
Industrial
15.4%
Financial Services
14.3%
Health
10.9%
Tech
10.6%
Energy
3.3%
Consumer Defensive
3.1%
Real Estate
3%
Utilities
2.1%
Communication
2.1%
All changes are between Nov'24 and Jan'25
Dec'24
Nov'24
Fund Returns
0.62%
1.04%
Nifty Midcap 150
0.17%
-0.54%
Parameters
Feb'25
Jan'25
Dec'24
AUM
₹ 17.8K Cr
₹ 17.8K Cr
₹ 19.3K Cr
  • AUM of the fund stands at 17.8K Cr as of Feb'25
  • AUM has remained same between Feb'25 and Jan'25
Top Stocks bought last month
KPIT Technologies Ltd's allocation increased from 1.61% to 2.04%
KPIT Technologies Ltd's allocation increased from 1.61% to 2.04%
JK Cement Ltd's allocation increased from 2.58% to 2.94%
JK Cement Ltd's allocation increased from 2.58% to 2.94%
Dixon Technologies (India) Ltd's allocation increased from 2.29% to 2.58%
Dixon Technologies (India) Ltd's allocation increased from 2.29% to 2.58%
Top Stocks sold last month
Coforge Ltd's allocation decreased from 4.92 % to 4.08 %
Coforge Ltd's allocation decreased from 4.92 % to 4.08 %
Ipca Laboratories Ltd's allocation decreased from 4.07 % to 3.77 %
Ipca Laboratories Ltd's allocation decreased from 4.07 % to 3.77 %
Supreme Industries Ltd's allocation decreased from 2.83 % to 2.69 %
Supreme Industries Ltd's allocation decreased from 2.83 % to 2.69 %

Top 3 Sectors in February were Consumer Cyclical, Basic Materials & Industrial

Feb'25
Consumer Cyclical
18%
Basic Materials
17%
Industrial
15%
Jan'25
Consumer Cyclical
18%
Basic Materials
17%
Industrial
15%

  • Equity

Holdings
Weight%
1M Change
Coforge Ltd
Coforge Ltd
4.46%
-10.6%
Ipca Laboratories Ltd
Ipca Laboratories Ltd
3.96%
0%
Coromandel International Ltd
Coromandel International Ltd
3.46%
0%
Phoenix Mills Ltd
Phoenix Mills Ltd
2.99%
0%
JK Cement Ltd
JK Cement Ltd
2.86%
0%
See all

  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
DSP Midcap Fund Direct Growth
DSP Midcap Fund Direct Growth
15.4%
15.93%
23.55%
17.36%
Invesco India Mid Cap Fund Direct Plan Growth Option
Invesco India Mid Cap Fund Direct Plan Growth Option
24.91%
23.7%
31.16%
21.1%
Motilal Oswal Midcap Direct Growth
Motilal Oswal Midcap Direct Growth
21.4%
29.75%
35.6%
23.66%
Kotak Emerging Equity Scheme Direct Growth
Kotak Emerging Equity Scheme Direct Growth
17.58%
20.13%
31.37%
20.51%
See all

  • Gainers

  • Losers

Top Growth Drivers
1M Return
Jindal Steel & Power Ltd
Jindal Steel & Power Ltd
6%
Gujarat Fluorochemicals Ltd
Gujarat Fluorochemicals Ltd
4.9%
Fund
Jan'25
Dec'24
Nov'24
No of Holdings
58
59
59
Top 5 Company Concentration
17.2%
18%
17.5%
Company having highest exposure
Coforge Ltd (4.1%)
Coforge Ltd (4.9%)
Coforge Ltd (4.9%)
No of Sectors
11
10
11
Top 5 Sectors Concentration
75.9%
78.5%
79.9%
Sector having highest exposure
Consumer Cyclical (18.4%)
Consumer Cyclical (19.5%)
Consumer Cyclical (19.6%)
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Vinit Sambre
Vinit Sambre
Fund Manager of DSP Midcap Fund Direct Growth, since 1 July 2012
Top funds managed
Scheme
Annualised Returns(3Y)
Category Returns(3Y)
DSP Small Cap Fund Direct Plan Growth
17.43%
18.2%
DSP Midcap Fund Direct Plan Growth
15.93%
19.64%
DSP Focus Fund Direct Plan Growth
18.05%
14.42%
Abhishek Ghosh
Abhishek Ghosh
Fund Manager of DSP Midcap Fund Direct Growth, since 1 September 2022
Top funds managed
Scheme
Annualised Returns(3Y)
Category Returns(3Y)
DSP Midcap Fund Direct Plan Growth
15.93%
19.64%
Fund House
DSP Asset Managers Private Limited
Total Schemes
46
See all DSP schemes
Total AUM
₹1.28L Cr
as on 30-Sep-2023
Address
India
Phone
91-22-66578000
Website
service@dspblackrock.com

Mutual Fund Insights

Insights icon
Over the last 6 months, this fund has increased expense ratio by 10.0% moving from 0.70 to 0.77.
Insights icon
In the last 3 years, Motilal Oswal Midcap Direct Growth has given 29.75% return, outperforming this fund by 13.81% per annum.
Insights icon
Over the last 6 months, this fund has experienced a 11.5% drop in AUM moving from 20.06K Cr to 17.76K Cr.
Insights icon
In the last 5 years, Quant Mid Cap Fund Growth Option Direct Plan has given 38.45% return, outperforming this fund by 14.9% per annum.
Insights icon
In the last 1 year, Invesco India Mid Cap Fund Direct Plan Growth Option has given 24.91% return, outperforming this fund by 9.51%.
Insights icon
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

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 17.36% since inception which is less than its category average return of 18.71%
Fund Allocations

Fund Allocations

This fund has an allocation of 95.18% in Equity, 0% in Debt and 4.82% in Cash related instruments
AUM size ₹17762 Cr

AUM size ₹17762 Cr

This fund has AUM of ₹17762 Cr which is more than its category average of ₹ 10864 Cr
Expense Ratio 0.77%

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%

Frequently Asked Questions for DSP Midcap Fund Direct Growth

The current NAV of DSP Midcap Fund Direct Growth is ₹146.45 as on 24-Mar-2025.
Existing (Absolute + CAGR) as on 24-Mar-2025.
DSP Midcap Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
2.98%
2.98%
6 Month Returns
-13.97%
-13.97%
1 Year Returns
15.4%
15.4%
3 Years Returns
55.82%
15.93%
5 Years Returns
187.88%
23.55%
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  • Select your bank account and proceed with Payment.
0.77% as on February 2025
₹17762 Cr as on February 2025
Coforge Ltd(4.46%), Ipca Laboratories Ltd(3.96%), Coromandel International Ltd(3.46%), Phoenix Mills Ltd(2.99%), JK Cement Ltd(2.86%) as on February 2025
Consumer Cyclical(19.49%), Basic Materials(16.21%), Financial Services(13.74%) as on January 1
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
3.77
-4.54
-4.32
As on February 2025
The alpha for DSP Midcap Fund Direct Growth is calculated against S&P BSE Midcap 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
1.09
0.96
0.87
As on February 2025
The Beta for DSP Midcap Fund Direct Growth is calculated with S&P BSE Midcap 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
-0.08
0.47
0.61
As on February 2025
The sharpe ratio for DSP Midcap Fund Direct Growth is calculated with S&P BSE Midcap 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
20.84
17.05
20.26
As on February 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 0.74 as on February 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%