DSP Investment Managers Private Limited

DSP Midcap Fund - Regular Plan - Growth

EquityMid Cap
  • Plan: Regular
  • |
  • Type: Open-Ended
  • |
  • Option: Growth
  • 1 yr return23.7%
  • 3 yr return20.7%
  • 5 yr return14.7%
  • Expense Ratio1.78%
  • Lock-in Period--
  • Exit Load1%
  • Fund Size (Cr)Rupees14155.4
  • NAVRupees89.5

Performance Graph

  • Show returns for: 1 yr 3 yrs 5 yrs
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Returns Calculator

  • Show returns for: SIP Lumpsum
  • Monthly SIP (Rupees)
  • Investment years: 1 3 5
  • Amount invested/month: Rupees-
  • Time Period: 1 years
  • Estimated Returns: Rupees0

Analysis

About DSP Midcap Fund

DSP Midcap Fund is an open-ended equity scheme primarily investing in the stocks of mid-cap companies.

Investment Objective

The investment objective of the scheme is to provide long term capital appreciation to the investors by making investments in equity & equity-related securities of mid-cap companies.

Benchmark

The Benchmark of the scheme is NIFTY Midcap 100 Index TRI.

Investment Details

ParticularsMinimum Amount
Minimum Application AmountRs.500 & any amount thereafter
Minimum Additional InvestmentRs.500 & any amount thereafter

SIP Details

TypeMinimum AmountMinimum Installments
MonthlyRs.500 & in multiples of Rs.1 thereafter6
QuarterlyRs.500 & in multiples of Rs.1 thereafter6

Loads

Entry Load: Nil

Exit Load:

If units are redeemed or switched out within 1 year - 1%

If units are redeemed or switched out after 1 year - Nil

Suitability

DSP Midcap Fund is suitable for investors with moderate to high-risk appetite and looking to invest for a period of 7 years & above.

Taxation:

As the fund predominantly invests in equity securities, DSP Midcap Fund has the taxability of an equity mutual fund scheme. Following taxation is applicable:

  • If the units are sold after 1 year, then the gains on investments are treated as Long Term Capital Gains (LTCG). LTCG of up to Rs 1 lacs in a financial year is tax-free and above that, it is taxed at the rate of 10% without the benefit of indexation.
  • If the units are sold within 1 year, then the gains are treated as Short Term Capital Gains (STCG) and are taxed at the rate of 15%.

DSP Midcap Fund’s Asset Allocation

Under normal conditions, the pattern of asset allocation is as follows:

AssetsMinimum indicative allocation (% of total assets)Maximum indicative allocation (% of total assets)Risk Profile
Equity & Equity related securities of mid-cap companies 65100High 
Equity & Equity related securities of other companies 035High
Debt & money market instruments035Low to Moderate
REITs & InVITs010Moderate to High

Who should invest?

Mid-cap funds are those equity mutual funds that invest in the equity & equity-related securities of the companies with ranks 101 to 250th in terms of market capitalization. These companies generally have higher growth potential as compared to large cap funds.The midcap stocks usually have a higher volatility than large caps & lower volatility as compared to smallcaps.  

Investments in DSP Midcap Fund can be made by investors who want to diversify their equity mutual fund portfolio by making investments in different market capitalizations. The fund manager seeks to build a portfolio of stocks which could become potential leaders in their respective sectors & industries.  

Investors looking to invest in equity funds with moderately high risk-reward characteristics could consider investments in this fund. The fund can be a good investment to achieve diversification in the investor’s equity portfolio.

Eligibility 

The following people are eligible for investing in this scheme:

  • Indian Resident Adults (single holder or on a joint basis)
  • Hindu Undivided Family
  • Partnership entities
  • Limited Liability Partnership units
  • Minor through parent or a legal guardian
  • Sole Proprietor
  • Corporates, PSUs & others.
  • NRIs/POIs/OCIs
  • Banks & Financial Institutions
  • Religious & Charitable Trusts
  • Defense & paramilitary units 
  • Foreign Portfolio Investors
  • Pension/Provident/Gratuity Funds
  • Trustee, AMCs or Sponsors
  • Other schemes of DSP MF or other mutual funds
  • Alternative Investment Funds
  • Others

How to invest?

You can invest in DSP Mid Cap Fund through any AMFI distributor, AMC, banks or third party platforms. If you need any help with your investments, you can reach out to our ZFunds Experts on Whatsapp - 7217746224.

Write a Review

User Reviews

5

5 out of 5 stars

1 User reviews

  • A
    Akshit Girhotra 10/12/2020
    5

    One of the best funds in the midcap category. Returns have been really good along with lower volatility. Invest for at least 5-7 years for good returns.

Investment Objective

The Primary Investment Objective Is To Seek To Generate Long Term Capital Appreciation From A Portfolio That Is Substantially Constituted Of Equity And Equity Related Securities Of Midcap Companies. From Time To Time, The Fund Manager Will Also Seek Participation In Other Equity And Equity Related Securities To Achieve Optimal Portfolio Construction. There Is No Assurance That The Investmentobjective Of The Scheme Will Be Realized.

Tax Implications

Taxation on mutual fund explained : https://zfunds.in/article/taxes-on-mutual-funds

Top Holdings

  • Companies %
  • Supreme Industries Limited 4.7
  • Manappuram Finance Limited 3.4
  • TREPS / Reverse Repo Investments / Corporate Debt Repo 3.4
  • Atul Limited 3.3
  • IPCA Laboratories Limited 3.3
  • SBI Life Insurance Company Limited 3
  • Bata India Limited 3
  • ICICI Bank Limited 2.8
  • Coromandel International Limited 2.7
  • Cholamandalam Investment and Finance Company Limited 2.7
  • Sheela Foam Limited 2.7
  • Sectors %
  • Consumer Durables12.6
  • Industrial Products12.3
  • Banks7.4
  • Pharmaceuticals7.2
  • Finance6.9

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