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
- DSP Nifty Midcap 150 Quality 50 Index Fund Direct Growth has ₹282 Cr worth of assets under management (AUM) as on Jun 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 22.65% since inception. Over the last 1 year the fund has given a CAGR return of 39.96%.
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, Health, Consumer Cyclical, Consumer Defensive, Utilities, Energy, Communication. Its top holdings are Procter & Gamble Hygiene and Health Care Ltd, Persistent Systems Ltd, HDFC Asset Management Co Ltd, Cummins India Ltd, Tube Investments of India Ltd Ordinary Shares
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.
Fund Overview
| Expense ratio | 0.3% |
Benchmark | Nifty Midcap 150 Quality 50 TR INR |
| AUM | ₹282 Cr |
| Inception Date | 4 August, 2022 |
| Min Lumpsum/SIP | ₹100/₹100 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 36.72% |
| Risk |   Very High Risk |
Fund Distributionas on (30-Jun-24)
Returns for the month of Jun
Top Growth Drivers | 1M Return |
|---|---|
 Persistent Systems Ltd | 21.2% |
 Oracle Financial Services Software Ltd | 12.4% |
 Bayer CropScience Ltd | 1.5% |
DSP Nifty Midcap 150 Quality 50 Index Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹282 Cr
Expense Ratio 0.3%
Frequently Asked Questions
DSP Nifty Midcap 150 Quality 50 Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.94% | 0.94% |
6 Month Returns | 19.96% | 19.96% |
1 Year Returns | 39.96% | 39.96% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
- 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.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
DSP Nifty Midcap 150 Quality 50 Index Fund Direct Growth | - | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
DSP Nifty Midcap 150 Quality 50 Index Fund Direct Growth | - | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
DSP Nifty Midcap 150 Quality 50 Index Fund Direct Growth | 2.33 | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
DSP Nifty Midcap 150 Quality 50 Index Fund Direct Growth | 12.34 | - | - |