DSP Midcap Fund Direct Plan Growth
Equity
Direct
Mid-Cap
NAV: ₹ 132.19 as on 18-04-2024
Fund Performance
7281 people have invested ₹ 4.3Cr in DSP Midcap Fund Direct Plan Growth in the last three months
Mutual Fund Insights
Over the last 1 month, this fund has experienced a 2.1% drop in AUM moving from 16.31K Cr to 15.96K Cr.
In the last 1 year, Quant Mid Cap Fund Growth Option Direct Plan has given 68.88% return, outperforming this fund by 25.2%.
This fund expense ratio is slightly on the lower side within the category (mid-cap). Its expense ratio is 0.81% which is lower than the category average expense ratio of 1.17%.
In the last 3 years, Quant Mid Cap Fund Growth Option Direct Plan has given 37.68% return, outperforming this fund by 20.12% per annum.
Over the last 1 month, this fund has increased expense ratio by 6.6% moving from 0.76 to 0.81.
In the last 5 years, Quant Mid Cap Fund Growth Option Direct Plan has given 32.51% return, outperforming this fund by 14.37% per annum.
INDmoney Rank of DSP Midcap Fund Direct Plan Growth
Powered by IND quant engine
18
/19
22% Performance
18% Risk Management
63% Cost
18 out of 19 among mid-cap
Pros
Beats FD returns for both 3Y & 5Y
Cons
Has not generated consistent returns
Does not beat the benchmark consistently
Highly volatile within category
About the DSP Midcap Fund Direct Plan Growth
DSP Midcap Fund Direct Plan Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Resham Jain, Jay Kothari, Abhishek Ghosh, Vinit Sambre. The fund could potentially beat inflation in the long-run.
Key Parameters
- DSP Midcap Fund Direct Plan Growth has ₹15969 Cr worth of assets under management (AUM) as on Mar 2024 and is more than category average.
- The fund has an expense ratio 0.8.
DSP Midcap Fund Direct Plan Growth Overview
 | 0.81% |
 Benchmark | S&P BSE Midcap TR INR |
 | ₹15969 Cr |
 | 1 January, 2013 |
 | ₹100/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 22.18% |
DSP Midcap Fund Direct Plan Growth Distribution as on (31-Mar-24)
Size breakup
Mid cap
70.6%
Small cap
17.4%
Large cap
4.1%
Sector Allocation
Industrial
23%
Consumer Cyclical
19.2%
Basic Materials
14.2%
Financial Services
12.9%
Health
12%
Tech
7.1%
Real Estate
4.6%
Consumer Defensive
4.1%
Utilities
1.6%
Energy
1.3%
Top Holdings of DSP Midcap Fund Direct Plan Growth as on (31-Mar-24)
Equity Holdings54
DSP Midcap Fund Direct Plan Growth: Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at -1.48% whereas the fund’s underlying benchmark Nifty Midcap 150 returns stands at -1.16% as on Mar'24
- This fund underperformed Nifty Midcap 150 by 0.32% in Mar'24
AUM Change
- AUM of the fund stands at 16K Cr as of Mar'24
- AUM decreased by 343.7 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers in DSP Midcap Fund Direct Plan Growth portfolio Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Thermax Ltd | 25.2% |
 Ipca Laboratories Ltd | 18.2% |
 CG Power & Industrial Solutions Ltd | 7.1% |
Top Losers | 1M Return |
|---|---|
 Coforge Ltd | -9% |
 J K Cements Ltd | 4.8% |
 IIFL Finance Ltd | 9.5% |
Peer Analysis
DSP Midcap Fund Direct Plan Growth Fund Manager
Resham Jain
Fund Manager of DSP Midcap Fund Direct Plan Growth, since 16 March 2018
Top funds managed
Jay Kothari
Fund Manager of DSP Midcap Fund Direct Plan Growth, since 16 March 2018
Top funds managed
Abhishek Ghosh
Fund Manager of DSP Midcap Fund Direct Plan Growth, since 1 September 2022
Top funds managed
Vinit Sambre
Fund Manager of DSP Midcap Fund Direct Plan Growth, since 1 July 2012
Top funds managed
DSP Midcap Fund Direct Plan 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 18.01% since inception which is less than its category average return of 18.76%
Fund Allocations
This fund has an allocation of 92.13% in Equity, 0% in Debt and 7.87% in Cash related instruments
AUM size ₹15969 Cr
This fund has AUM of ₹15969 Cr which is more than its category average of ₹ 7349 Cr
Expense Ratio 0.81%
This fund has an expense ratio of 0.81% which is less than its category average expense ratio of 1.39%
Frequently Asked Questions
The current NAV of DSP Midcap Fund Direct Plan Growth is ₹132.19 as on 18-Apr-2024.
Existing (Absolute + CAGR) as on 18-Apr-2024.
DSP Midcap Fund Direct Plan Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 5.92% | 5.92% |
6 Month Returns | 13.67% | 13.67% |
1 Year Returns | 43.67% | 43.67% |
3 Years Returns | 62.49% | 17.57% |
5 Years Returns | 130.16% | 18.14% |
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.
0.81% as on March 2024
₹15969 Cr as on March 2024
Ipca Laboratories Ltd(4.46%), Phoenix Mills Ltd(4.22%), Alkem Laboratories Ltd(4.05%), Supreme Industries Ltd(3.41%), Bharat Forge Ltd(3.37%) as on March 2024
Industrial(21.19%), Consumer Cyclical(17.65%), Basic Materials(13.1%) as on March 2024
The alpha ratio for the DSP Midcap Fund Direct Plan Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
DSP Midcap Fund Direct Plan Growth | -9.79 | -6.92 | -2.55 |
As on March 2024
The alpha for DSP Midcap Fund Direct Plan 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 Plan Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
DSP Midcap Fund Direct Plan Growth | 0.99 | 0.91 | 0.83 |
As on March 2024
The Beta for DSP Midcap Fund Direct Plan 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 Plan 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 Plan Growth | 2.13 | 0.77 | 0.68 |
As on March 2024
The sharpe ratio for DSP Midcap Fund Direct Plan 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 Plan 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 Plan Growth | 14.14 | 14.13 | 18.95 |
As on March 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.
Sortino ratio is 1.42 as on March 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Resham Jain, Jay Kothari, Abhishek Ghosh, Vinit Sambre are the fund managers of DSP Midcap Fund Direct Plan Growth
The Exit load of DSP Midcap Fund Direct Plan Growth is 1%