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4 star

DSP Midcap Fund - Direct Plan


Equity: Mid Cap

1 Lakh

Investment Grown to
₹ 1.63 Lakh

₹ 10000

Monthly SIP Grown to
₹ 5.57 Lakh

Suitability:

When you invest for seven years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options.

This is a fund that invests in medium-sized companies. Compared to those that invest in larger companies, such funds tend to fall more when stock prices fall. So while you can expect higher returns in the long term, there will be more severe ups and downs along the way.

Like for all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other mid-cap fund, if you need to redeem your investment in less than seven years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 24.64 -0.41 1.59 2.57 14.18 23.81 58.44 17.71 16.91 18.66 --
S&P BSE 150 MidCap TRI 35.42 -0.48 0.87 3.21 15.47 33.09 82.11 16.86 17.66 18.60 --
Equity: Mid Cap 32.71 -0.44 1.28 4.30 16.44 31.47 76.16 17.99 16.58 17.94 --
Rank within category 27 12 11 26 21 27 27 13 9 6 --
Number of funds in category 27 30 30 30 30 27 27 22 19 19 0

As on 27-Jul-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
DSP Midcap Fund - Direct Plan  | Invest Online
4 star
Jan-13 58.44 17.71 16.91 0.86 12,869
Kotak Emerging Equity Fund - Direct Plan  | Invest Online
4 star
Jan-13 83.09 21.37 18.82 0.61 14,133
Axis Midcap Fund - Direct Plan
5 star
Jan-13 65.65 22.29 20.83 0.51 12,813
Nippon India Growth Fund - Direct Plan  | Invest Online
4 star
Jan-13 79.67 20.16 17.58 1.22 10,262
PGIM India Midcap Opportunities Fund - Direct Plan  | Invest Online
5 star
Dec-13 98.45 27.73 20.94 0.37 1,952

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 11.71 16-May-2014 - 23-May-2014 -17.37 11-Mar-2020 - 18-Mar-2020
Month 26.44 07-May-2014 - 06-Jun-2014 -32.72 20-Feb-2020 - 23-Mar-2020
Quarter 36.87 13-Mar-2014 - 12-Jun-2014 -26.47 23-Dec-2019 - 23-Mar-2020
Year 101.99 03-Sep-2013 - 03-Sep-2014 -21.97 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 19.98 22.47 0.70 0.73 0.82 2.86
S&P BSE 150 MidCap TRI 19.99 26.79 0.59 0.61 -- --
Equity: Mid Cap 19.85 24.29 0.65 0.69 0.88 1.69
Rank within category 12 4 9 9 5 10
Number of funds in category 23 23 23 23 23 23

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 30-Jun-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 48
Top 10 Stocks (%) 33.55
Top 5 Stocks (%) 18.43
Top 3 Sectors (%) 39.96
Portfolio P/B Ratio 4.35
Portfolio P/E Ratio 25.79

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 29,304 26,198
Giant (%) 5.42 4.04
Large (%) 12.36 10.80
Mid (%) 75.87 78.92
Small (%) 6.34 7.54
Tiny (%) -- 0.20

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal Balkrishna Industries Automobile 38.74 4.07 0.00 3.91
equal Max Financial Services Financial 90.44 3.82 1.32 3.82
up Manappuram Finance Financial 10.22 4.00 1.82 3.61
equal Supreme Industries Chemicals 23.84 4.19 2.77 3.55
equal Atul Chemicals 38.03 3.65 2.14 3.54
equal Ipca Laboratories Healthcare 24.26 5.50 2.64 3.24
equal Coromandel International Chemicals 18.06 4.03 2.26 3.06
equal Infosys Technology 33.53 4.55 0.00 3.05
equal City Union Bank Financial 18.65 3.43 2.06 2.89
down Cholamandalam Investment & Finance Company Financial 25.95 5.63 0.00 2.88
equal Bata India FMCG -- 3.45 0.00 2.86
equal The Ramco Cements Construction 29.39 3.79 2.45 2.73
up The Federal Bank Financial 10.59 2.72 1.02 2.72
equal Voltas Consumer Durable 64.05 3.14 2.09 2.53
equal Bharat Forge Automobile -- 2.52 0.00 2.51
equal MindTree Technology 36.19 2.48 0.00 2.48
equal Jubilant FoodWorks Services 128.79 4.19 0.00 2.45
equal SBI Life Insurance Company Insurance 88.03 2.76 0.00 2.39
equal AIA Engineering Metals 33.07 3.10 1.96 2.31
equal Alembic Pharmaceuticals Healthcare 15.15 2.95 0.90 2.24
equal ICICI Bank Financial 23.72 2.46 0.00 2.13
equal Sheela Foam Consumer Durable 48.73 2.44 0.00 2.12
equal Emami FMCG 54.34 2.69 1.34 1.95
up Whirlpool Consumer Durable 78.29 1.90 0.00 1.90
equal SRF Diversified 38.19 4.09 1.58 1.80

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 30-Jun-2021

Fund Manager

— Resham Jain since 16-Mar-2018

Education: Mr. Jain is a B.Com, MS, FRM, CFP & CFA (US).

Experience: Prior to joining DSP Mutual Fund, he has worked with B&K Securities (I) Private Limited, Jaihind Projects Ltd, Arvind Ltd, Anagram Knowledge Academy Ltd.

Funds Managed:

— Vinit Sambre since 01-Jan-2013

Education: Mr. Sambre is a B.Com and FCA.

Experience: Prior to joining DSP he was associated with DSP Merrill Lynch Ltd.(Nov 2005 to Jun 2007), IL & FS Investsmart Ltd. (Dec 2002 to Oct 2005), Unit Trust of India Investment Advisory Services Ltd.(Jun 2000 to Dec 2002), Kisan Ratilal Choksey Shares and Securities Pvt. Ltd. (March 1999 to May 2000) and Credit Rating Information Service of India Ltd.(Apr 1998 to Feb 1999).

Interviews:

Funds Managed:


-0.41%

Change from previous, NAV as on 27-Jul-2021

Growth: ₹ 94.0490

IDCW: ₹ 58.4060


Investment Strategy

The scheme aims to generate long term capital appreciation from a portfolio that is substantially constituted of equity and equity related securities of midcap companies.

Investment Details

Minimum Investment (₹) 500
Minimum Addl Investment (₹) 500
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) 500
Minimum Balance (₹) 500
Lock-in Period Not Applicable
Exit Load 1% for redemption within 364 days

Basic Details

Fund House: DSP Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 19.43%
Benchmark: NIFTY Midcap 100 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 12,869 Cr (As on 30-Jun-2021)
Expense: 0.86% (As on 30-Jun-2021)
Risk Grade: Low
Return Grade: Average
Turnover: 18.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW25-Mar-20215.5100

 26-Mar-20203.7100

Contact Information

AMC: DSP Investment Managers Pvt. Ltd.

Address: NATRAJ, Office No. 302-3rd Floor-Plot No. 194, MV Road Junction Western Express Highway, Andheri East Mumbai - 400069

Phone: 022-66178000

Fax: 022-56578181

Website: https://www.dspim.com/

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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