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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

Particulars	Minimum Amount
Minimum Application Amount	Rs.500 & any amount thereafter
Minimum Additional Investment	Rs.500 & any amount thereafter

SIP Details

Type	Minimum Amount	Minimum Installments
Monthly	Rs.500 & in multiples of Rs.1 thereafter	6
Quarterly	Rs.500 & in multiples of Rs.1 thereafter	6

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:

Assets	Minimum indicative allocation (% of total assets)	Maximum indicative allocation (% of total assets)	Risk Profile
Equity & Equity related securities of mid-cap companies	65	100	High
Equity & Equity related securities of other companies	0	35	High
Debt & money market instruments	0	35	Low to Moderate
REITs & InVITs	0	10	Moderate 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.