3 Year return

19.6%
Launched on January 2013 (11 years)

Investment Details

₹100

Minimum SIP Amount

₹100

Minimum one time investment

Fund has no lock-in period

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Risk Involved

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Your principal will be at

Very High Risk

Scheme Information

Asset Under Management

₹17667.73 Cr.

Expense Ratio

0.77% (inclusive of GST)

Exit Load

1.00% - If redeemed/switched out within 12 months from the date of allotment. Nil - If redeemed/switched out after 12 months from the date of allotment.

Ratings

ARQ Rating
1

Ratings by other agencies

2
1
3

Tax Implications

Withdrawal within 1 year

Exit load + 15% tax on gains

Withdrawal after 1 year

10% tax on gains over ₹1 Lakh per financial year

Fund Holdings

Holdings

DSP Mutual Fund Managers

VS

Vinit Sambre

Fund Manager since Nov 2018

View Details

Fund House Details

DSP Mutual Fund

DSP Mutual Fund Asset management company

AUM ₹148,081.58 Cr.
No. of Schemes 165
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by DSP Mutual Fund

List of mutual fund schemes by AMC

Funds 3 Years Returns
scheme logo

Debt . Gilt Fund with 10 year Constant duration

DSP 10Y G-Sec Fund Direct Plan Growth

3.88%
scheme logo

Debt . Gilt Fund with 10 year Constant duration

DSP 10Y G-Sec Fund Direct Plan IDCW Monthly Payout

3.88%
scheme logo

Debt . Gilt Fund with 10 year Constant duration

DSP 10Y G-Sec Fund Direct Plan IDCW Monthly Reinvestment

3.88%
scheme logo

Debt . Gilt Fund with 10 year Constant duration

DSP 10Y G-Sec Fund Direct Plan IDCW Quarterly Payout

3.86%
scheme logo

Debt . Gilt Fund with 10 year Constant duration

DSP 10Y G-Sec Fund Direct Plan IDCW Payout

3.67%

About DSP Midcap Fund Direct Plan-Growth

DSP Midcap Fund Direct Plan-Growth is a mutual fund scheme offered by DSP Mutual Fund. This mutual fund plan invests in mid-size companies that may potentially become larger. This is an open-ended equity scheme that predominantly invests in midcap stocks. The fund falls in the mid-cap category and investors are able to avail of annualised returns, with investments in a combination of stocks chosen from the Nifty Midcap 150 Tri and the Nifty 50 Tri.

Investment Objective of the Scheme

DSP Midcap Fund Direct Plan-Growth aims to offer investors the potential to earn returns by using a strategy of “high risk” and “high return”. Additionally, the fund aims to give investors the opportunity for wealth creation by beating inflation over the longer term. As the fund offers investors a SIP choice, one of its goals is to prompt suitable wealth creation using the means of a long-term SIP.

Key Features of The Fund

5-year return 22.35%
Expense Ratio 0.77%
Fund Manager Vinit Sambre
Fund Size ₹17667.73 Cr
Risk Profile Very High

Is This Scheme Right for Me?

If you are a long-term investor prepared to hold the fund for a minimum of 10 years, this fund could be a good option. Additionally, if you are a disciplined SIP investor and can continue the fund for a longer tenure, this fund may be a good consideration. Those experienced in investing with a core portfolio may also consider the DSP Midcap Fund Direct Plan-Growth. Nonetheless, before taking any investment decisions, make sure of your personal financial goals and tolerance of risk.

AMC Contact Details

Name DSP Mutual Fund
Launch Date May 1996
Addresss NATRAJ, Office No. 302, 3rd Floor, Plot No - 194, MV Road Junction, Western Express Highway, Andheri (East) Mumbai
Contact 7738000030
Email service@dspim.com
Website https://www.dspim.com/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

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FAQs

What is today's NAV of DSP Midcap Fund?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of DSP Midcap Fund Jun 18 2024 is 157.278

What is the AUM of DSP Midcap Fund?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of DSP Midcap Fund is 17667.73 crore.

What is the expense ratio of DSP Midcap Fund?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of DSP Midcap Fund is 0.77%

What are the returns of DSP Midcap Fund since inception?

The DSP Midcap Fund was launched on Jan 01 2013. The fund has delivered a CAGR of 19.33 since inception.

What is the minimum SIP amount to invest in DSP Midcap Fund?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for DSP Midcap Fund is 100.

How do I invest in DSP Midcap Fund?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in DSP Midcap Fund?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in DSP Midcap Fund?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in DSP Midcap Fund?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.