DSP Nifty Midcap 150 Quality 50 Index Fund Direct Growth
Equity
Direct
Index Funds
NAV as on 06-01-2025
₹ 14.6
1D
Inception Returns
17.8%
/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 ₹364 Cr worth of assets under management (AUM) as on Nov 2024 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 17.76% since inception. Over the last 1 year the fund has given a CAGR return of 20.98%.
Holdings
DSP Nifty Midcap 150 Quality 50 Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Tech, Basic Materials, Financial Services, Health, Consumer Cyclical, Consumer Defensive, Energy, Utilities, Communication. Its top holdings are Persistent Systems Ltd, Coforge Ltd, Procter & Gamble Hygiene and Health Care Ltd, HDFC Asset Management Co Ltd, Page Industries 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 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.
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
Annualised
▲
▼
2448 people have invested ₹ 1.2Cr in DSP Nifty Midcap 150 Quality 50 Index Fund Direct Growth in the last three months
DSP Nifty Midcap 150 Quality 50 Index Fund Direct Growth Overview
| Expense ratio | 0.3% |
Benchmark | Nifty Midcap 150 Quality 50 TR INR |
| AUM | ₹364 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 (30-Nov-24)
Mid cap
80.4%
Small cap
18%
Large cap
1.6%
Sector Allocation
Industrial
25.6%
Tech
18.5%
Basic Materials
18%
Financial Services
10.6%
Health
8.9%
Consumer Cyclical
7.4%
Consumer Defensive
5.2%
Energy
2.3%
Utilities
2.1%
Communication
1.1%
All changes are between Sep'24 and Nov'24
- This fund’s returns stands at -0.31% whereas the fund’s underlying benchmark Nifty 50 returns stands at -0.71% as on Nov'24
- This fund outperformed Nifty 50 by 0.40% in Nov'24
- AUM of the fund stands at 363.9 Cr as of Nov'24
- AUM increased by 17.8 Cr between Nov'24 and Oct'24
Top Stocks bought last month
Persistent Systems Ltd's allocation increased from 4.05% to 4.68%
Coforge Ltd's allocation increased from 3.22% to 3.65%
Polycab India Ltd's allocation increased from 2.34% to 2.62%
Top Stocks sold last month
Procter & Gamble Hygiene and Health Care Ltd's allocation decreased from 3.44 % to 3.38 %
HDFC Asset Management Co Ltd's allocation decreased from 3.45 % to 3.36 %
Tata Elxsi Ltd's allocation decreased from 2.99 % to 2.83 %
Small Cap allocation has gone down from 18.5% to 18%
Mid Cap allocation has gone down from 80.7% to 80.4%
Large Cap allocation has gone down from 1.7% to 1.6%
Cash allocation has gone up from -0.9% to 0.1%
Top 3 Sectors in November were Industrial, Basic Materials & Tech
Nov'24
Industrial
26%
Tech
19%
Basic Materials
18%
Oct'24
Industrial
26%
Basic Materials
18%
Tech
17%
See all
Top Growth Drivers | 1M Return |
|---|---|
 CRISIL Ltd | 13.8% |
 Coforge Ltd | 10.3% |
 Persistent Systems Ltd | 6.6% |
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Anil Ghelani
Fund Manager of DSP Nifty Midcap 150 Quality 50 Index Fund Direct Growth, since 5 August 2022
Top funds managed
Diipesh Shah
Fund Manager of DSP Nifty Midcap 150 Quality 50 Index Fund Direct Growth, since 5 August 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
DSP Nifty Midcap 150 Quality 50 Index 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 17.76% since inception which is more than its category average return of 14.99%
Fund Allocations
This fund has an allocation of 99.94% in Equity, 0% in Debt and 0.06% in Cash related instruments
AUM size ₹364 Cr
This fund has AUM of ₹364 Cr which is less than its category average of ₹ 823 Cr
Expense Ratio 0.3%
This fund has an expense ratio of 0.3% which is less than its category average expense ratio of 0.56%
Frequently Asked Questions for DSP Nifty Midcap 150 Quality 50 Index Fund Direct Growth
The current NAV of DSP Nifty Midcap 150 Quality 50 Index Fund Direct Growth is ₹14.6 as on 06-Jan-2025.
Existing (Absolute + CAGR) as on 06-Jan-2025.
DSP Nifty Midcap 150 Quality 50 Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -1.25% | -1.25% |
6 Month Returns | -0.93% | -0.93% |
1 Year Returns | 20.98% | 20.98% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
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.
0.3% as on December 2024
₹364 Cr as on December 2024
Persistent Systems Ltd(4.68%), Coforge Ltd(3.65%), Procter & Gamble Hygiene and Health Care Ltd(3.38%), HDFC Asset Management Co Ltd(3.36%), Page Industries Ltd(3.32%) as on December 2024
Industrial(25.59%), Tech(18.53%), Basic Materials(18.02%) as on December 2024
The alpha ratio for the DSP Nifty Midcap 150 Quality 50 Index Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
DSP Nifty Midcap 150 Quality 50 Index Fund Direct Growth | - | - | - |
As on December 2024
The alpha for DSP Nifty Midcap 150 Quality 50 Index Fund Direct Growth is calculated against Nifty Midcap 150 Quality 50 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 Nifty Midcap 150 Quality 50 Index Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
DSP Nifty Midcap 150 Quality 50 Index Fund Direct Growth | - | - | - |
As on December 2024
The Beta for DSP Nifty Midcap 150 Quality 50 Index Fund Direct Growth is calculated with Nifty Midcap 150 Quality 50 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 Nifty Midcap 150 Quality 50 Index Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
DSP Nifty Midcap 150 Quality 50 Index Fund Direct Growth | 0.93 | - | - |
As on December 2024
The sharpe ratio for DSP Nifty Midcap 150 Quality 50 Index Fund Direct Growth is calculated with Nifty Midcap 150 Quality 50 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 Nifty Midcap 150 Quality 50 Index Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
DSP Nifty Midcap 150 Quality 50 Index Fund Direct Growth | 13.13 | - | - |
As on December 2024
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.
Anil Ghelani, Diipesh Shah are the fund managers of DSP Nifty Midcap 150 Quality 50 Index Fund Direct Growth
The Exit load of DSP Nifty Midcap 150 Quality 50 Index Fund Direct Growth is 0%