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.

1. DSP Nifty Midcap 150 Quality 50 Index Fund Direct Growth has ₹410 Cr worth of assets under management (AUM) as on Apr 2025 and is less than category average.
2. The fund has an expense ratio 0.3.
   

DSP Nifty Midcap 150 Quality 50 Index Fund Direct Growth has given a CAGR return of 14.79% since inception. Over the last 1 year the fund has given a CAGR return of 10.37%.

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, HDFC Asset Management Co Ltd, Dixon Technologies (India) Ltd

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 benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

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 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.