DSP Nifty Midcap 150 Quality 50 Index Fund Direct Growth

Equity
Direct
Index Funds
DSP Nifty Midcap 150 Quality 50 Index Fund Direct Growth

About the Fund

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

  1. DSP Nifty Midcap 150 Quality 50 Index Fund Direct Growth has ₹245 Cr worth of assets under management (AUM) as on May 2024 and is less than category average.
  2. 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 22.92% since inception. Over the last 1 year the fund has given a CAGR return of 43.20%.

Holdings

DSP Nifty Midcap 150 Quality 50 Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Basic Materials, Tech, Financial Services, Consumer Cyclical, Health, Utilities, Energy, Consumer Defensive, Communication. Its top holdings are Power Finance Corp Ltd, HDFC Asset Management Co Ltd, Hindustan Zinc Ltd, Oracle Financial Services Software 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 benefit
Dividends 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.

Fund Performance
zero opening, trading, fund transfer fee
1410 people have invested ₹ 47.5L in DSP Nifty Midcap 150 Quality 50 Index Fund Direct Growth in the last three months

Fund Overview

Expense ratio0.3%
Benchmark
Nifty Midcap 150 Quality 50 TR INR
AUM₹245 Cr
Inception Date4 August, 2022
Min Lumpsum/SIP₹100/₹100
Exit Load0%
Lock InNo Lock-in
TurnOver
36.72%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (31-May-24)

  • Equity 99.9%

  • Debt & Cash 0.1%

Mid cap
74%

Small cap
15.2%

Large cap
10.7%

Sector Allocation

May'24

Apr'24

Mar'24

Industrial
23.5%
Basic Materials
19.5%
Tech
14.3%
Financial Services
13.1%
Consumer Cyclical
11.8%
Health
8.8%
Utilities
3.1%
Energy
2.7%
Consumer Defensive
2.1%
Communication
1.1%
All changes are between Mar'24 and May'24

Returns for the month of May

  • Gainers

  • Losers

Anil Ghelani
Anil Ghelani
Fund Manager of DSP Nifty Midcap 150 Quality 50 Index Fund Direct Growth, since 5 August 2022
Diipesh Shah
Diipesh Shah
Fund Manager of DSP Nifty Midcap 150 Quality 50 Index Fund Direct Growth, since 5 August 2022

DSP Nifty Midcap 150 Quality 50 Index Fund Direct 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 22.92% since inception which is more than its category average return of 22.01%
Fund Allocations

Fund Allocations

This fund has an allocation of 99.86% in Equity, 0% in Debt and 0.14% in Cash related instruments
AUM size ₹245 Cr

AUM size ₹245 Cr

This fund has AUM of ₹245 Cr which is less than its category average of ₹ 752 Cr
Expense Ratio 0.3%

Expense Ratio 0.3%

This fund has an expense ratio of 0.3% which is less than its category average expense ratio of 0.54%

Frequently Asked Questions

The current NAV of DSP Nifty Midcap 150 Quality 50 Index Fund Direct Growth is ₹14.8 as on 14-Jun-2024.
Existing (Absolute + CAGR) as on 14-Jun-2024.
DSP Nifty Midcap 150 Quality 50 Index Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
13.16%
13.16%
6 Month Returns
22.02%
22.02%
1 Year Returns
43.2%
43.2%
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 May 2024
₹245 Cr as on May 2024
Power Finance Corp Ltd(4.42%), HDFC Asset Management Co Ltd(3.73%), Hindustan Zinc Ltd(3.32%), Oracle Financial Services Software Ltd(3.03%), Page Industries Ltd(2.98%) as on May 2024
Industrial(23.49%), Basic Materials(19.45%), Tech(14.29%) as on May 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 May 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 May 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
2.22
-
-
As on May 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
10.8
-
-
As on May 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%