DSP Midcap Fund Direct Plan Growth

DSP Midcap Fund Direct Plan Growth

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Equity
Direct
Mid-Cap
NAV: ₹ 130.79 as on 27-02-2024
Fund Performance
zero opening, trading, fund transfer fee
7489 people have invested ₹ 4.7Cr in DSP Midcap Fund Direct Plan Growth in the last three months

Mutual Fund Insights

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In the last 1 year, Quant Mid Cap Fund Growth Option Direct Plan has given 65.87% return, outperforming this fund by 22.89%.
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Over the last 3 months, this fund has decreased expense ratio by 6.3% moving from 0.79 to 0.74.
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This fund expense ratio is slightly on the lower side within the category (mid-cap). Its expense ratio is 0.74% which is lower than the category average expense ratio of 1.18%.
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In the last 3 years, Quant Mid Cap Fund Growth Option Direct Plan has given 40.56% return, outperforming this fund by 22.71% per annum.
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In the last 5 years, Quant Mid Cap Fund Growth Option Direct Plan has given 34.17% return, outperforming this fund by 14.24% per annum.

INDmoney Rank of DSP Midcap Fund Direct Plan Growth

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18
/19
31% Performance
29% Risk Management
68% 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
Higher probablity of downside risk

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 Abhishek Ghosh, Vinit Sambre, Jay Kothari, Resham Jain. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. DSP Midcap Fund Direct Plan Growth has ₹16556 Cr worth of assets under management (AUM) as on Jan 2024 and is more than category average.
  2. The fund has an expense ratio 0.7.

DSP Midcap Fund Direct Plan Growth Overview

Expense ratio
Expense ratio
0.74%
Benchmark
Benchmark
S&P BSE Midcap TR INR
AUM
AUM
₹16556 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹100/₹100
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
22.18%

DSP Midcap Fund Direct Plan Growth Distribution as on (31-Jan-24)

  • Equity 97.3%

  • Debt & Cash 2.7%

Size breakup

Mid cap
71.1%
Small cap
19.7%
Large cap
6.5%
Sector Allocation

Jan'24

Dec'23

Nov'23

Industrial
20.9%
Consumer Cyclical
20.2%
Basic Materials
15.1%
Financial Services
14.1%
Health
11.2%
Tech
6.7%
Consumer Defensive
5%
Real Estate
5%
Utilities
1.6%
Communication
0.2%

Top Holdings of DSP Midcap Fund Direct Plan Growth as on (31-Jan-24)

  • Equity

Equity Holdings57

DSP Midcap Fund Direct Plan Growth: Monthly Changes Updates

All changes are between Nov'23 and Jan'24
Fund Performance
Jan'24
Dec'23
Nov'23
Fund Returns
-0.70%
6.14%
10.57%
Nifty Midcap 150
4.14%
6.04%
9.75%
  • This fund’s returns stands at -0.70% whereas the fund’s underlying benchmark Nifty Midcap 150 returns stands at 4.14% as on Jan'24
  • This fund underperformed Nifty Midcap 150 by 4.83% in Jan'24
AUM Change
Parameters
Jan'24
Dec'23
Nov'23
AUM
₹ 16.6K Cr
₹ 16.8K Cr
₹ 15.9K Cr
  • AUM of the fund stands at 16.6K Cr as of Jan'24
  • AUM decreased by 233.8 Cr between Jan'24 and Dec'23
Fund Portfolio Changes

Gainers & Losers in DSP Midcap Fund Direct Plan Growth portfolio Returns for the month of Jan

DSP Midcap Fund Direct Plan Growth Fund Manager

Abhishek Ghosh
Abhishek Ghosh
Fund Manager of DSP Midcap Fund Direct Plan Growth, since 1 September 2022
Top funds managed
Vinit Sambre
Vinit Sambre
Fund Manager of DSP Midcap Fund Direct Plan Growth, since 1 July 2012
Jay Kothari
Jay Kothari
Fund Manager of DSP Midcap Fund Direct Plan Growth, since 16 March 2018
Resham Jain
Resham Jain
Fund Manager of DSP Midcap Fund Direct Plan Growth, since 16 March 2018
Top funds managed

DSP Midcap Fund Direct Plan 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 18.15% since inception which is less than its category average return of 19.07%
Fund Allocations

Fund Allocations

This fund has an allocation of 97.34% in Equity, 0% in Debt and 2.66% in Cash related instruments
AUM size ₹16556 Cr

AUM size ₹16556 Cr

This fund has AUM of ₹16556 Cr which is more than its category average of ₹ 7171 Cr
Expense Ratio 0.74%

Expense Ratio 0.74%

This fund has an expense ratio of 0.74% which is less than its category average expense ratio of 1.4%

Frequently Asked Questions

The current NAV of DSP Midcap Fund Direct Plan Growth is ₹130.79 as on 27-Feb-2024.
Existing (Absolute + CAGR) as on 27-Feb-2024.
DSP Midcap Fund Direct Plan Growth
Absolute Returns
CAGR Returns
1 Month Returns
1.94%
1.94%
6 Month Returns
16.77%
16.77%
1 Year Returns
42.98%
42.98%
3 Years Returns
63.67%
17.85%
5 Years Returns
148.09%
19.93%
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0.74% as on January 2024
₹16556 Cr as on January 2024
Phoenix Mills Ltd(4.84%), Alkem Laboratories Ltd(4.73%), Bharat Forge Ltd(4.33%), Ipca Laboratories Ltd(3.9%), JK Cement Ltd(3.55%) as on January 2024
Industrial(20.32%), Consumer Cyclical(19.66%), Basic Materials(14.73%) as on January 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
-10.17
-6.6
-1.66
As on January 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
0.85
0.82
As on January 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
1.93
1
0.79
As on January 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
14.71
14.27
19.08
As on January 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 1.91 as on January 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Abhishek Ghosh, Vinit Sambre, Jay Kothari, Resham Jain are the fund managers of DSP Midcap Fund Direct Plan Growth
The Exit load of DSP Midcap Fund Direct Plan Growth is 1%