DSP Nifty Midcap 150 Quality 50 Index Fund Direct Growth
Equity
Direct
Index Funds
NAV as on 03-03-2025
₹ 12.49
1D
Inception Returns
8.7%
/yr
About DSP Nifty Midcap 150 Quality 50 Index Fund Direct Growth
DSP Nifty Midcap 150 Quality 50 Index Fund Direct Growth is an equity fund. This fund was started on 4 August, 2022. The fund is managed by Anil Ghelani, Diipesh Shah. The fund could potentially beat inflation in the long-run.
Key Parameters
- DSP Nifty Midcap 150 Quality 50 Index Fund Direct Growth has ₹368 Cr worth of assets under management (AUM) as on Jan 2025 and is less than category average.
- The fund has an expense ratio 0.3.
Returns
DSP Nifty Midcap 150 Quality 50 Index Fund Direct Growth has given a CAGR return of 8.71% since inception. Over the last 1 year the fund has given a CAGR return of -0.31%.
Holdings
DSP Nifty Midcap 150 Quality 50 Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Tech, Basic Materials, Consumer Defensive, Financial Services, Consumer Cyclical, Health, Utilities, Energy, Communication. Its top holdings are Colgate-Palmolive (India) Ltd, Procter & Gamble Hygiene and Health Care Ltd, Marico Ltd, Persistent Systems Ltd, HDFC Asset Management Co Ltd
Taxation
As it is a index funds 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 Nifty Midcap 150 Quality 50 Index Fund Direct Growth
The investment objective of the Scheme is to generate returns that are commensurate with the performance of the Nifty Midcap 150 Quality 50 Index, subject to tracking error. 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 Nifty Midcap 150 Quality 50 Index Fund Direct Growth has no lock in period.
Historical NAV & Returns
DSP Nifty Midcap 150 Quality 50 Index Fund Direct Growth Overview
| Expense ratio | 0.29% |
Benchmark | Nifty Midcap 150 Quality 50 TR INR |
| AUM | ₹368 Cr |
| Inception Date | 4 August, 2022 |
| Min Lumpsum/SIP | ₹100/₹100 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 36.72% |
| 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 |
Fund Distribution
as on (31-Jan-25)
- AUM of the fund stands at 368.4 Cr as of Jan'25
- AUM decreased by 3.2 Cr between Jan'25 and Dec'24
Top 3 Sectors in January were Industrial, Tech & Basic Materials
Top Growth Drivers | 1M Return |
|---|---|
 Glaxosmithkline Pharmaceuticals Ltd | 24.9% |
 Abbott India Ltd | 17% |
 Berger Paints India Ltd | 0.6% |
DSP Nifty Midcap 150 Quality 50 Index Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹368 Cr
Expense Ratio 0.29%
Frequently Asked Questions for DSP Nifty Midcap 150 Quality 50 Index Fund Direct Growth
DSP Nifty Midcap 150 Quality 50 Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -11.2% | -11.2% |
6 Month Returns | -19.58% | -19.58% |
1 Year Returns | -0.31% | -0.31% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
- 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.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
DSP Nifty Midcap 150 Quality 50 Index Fund Direct Growth | - | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
DSP Nifty Midcap 150 Quality 50 Index Fund Direct Growth | - | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
DSP Nifty Midcap 150 Quality 50 Index Fund Direct Growth | -0.28 | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
DSP Nifty Midcap 150 Quality 50 Index Fund Direct Growth | 19.21 | - | - |