DSP Midcap Fund – Direct Growth

Equity · Mid Cap
 · ★★
Min Lumpsum
0.75 %
Expense Ratio
Fund Size (in Cr)
11 Years
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Max: 5 yrs
  • Invested Amount
  • Wealth Gained
  • Expected Amount

Scheme Performance

Returns and Ranks ( as on 21 September 2023 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 18.7% 20.2% 15.6% 17.5%
Category Average 25.4% 33.8% 19.2% -

Scheme Allocation

By Holding
By Sector
By Asset
View all Holdings
Holdings Sector Instrument Asset
Phoenix Mills Realty Equity 4.67%
Bharat Forge Castings, Forgings & Fastners Equity 4.37%
Alkem Lab Pharmaceuticals Equity 4.21%
Coromandel Inter Fertilizers Equity 3.49%
Atul Chemicals Equity 3.4%
Emami FMCG Equity 3.37%
Ipca Labs. Pharmaceuticals Equity 3.31%
Polycab India Cables Equity 3.1%
Supreme Inds. Plastic products Equity 3.05%
J K Cements Cement Equity 2.95%
Cyient IT - Software Equity 2.6%
Alembic Pharma Pharmaceuticals Equity 2.46%
Balkrishna Inds Tyres Equity 2.41%
Coforge IT - Software Equity 2.33%
Jubilant Food. Quick Service Restaurant Equity 2.29%
Hatsun Agro FMCG Equity 2.24%
Uno Minda Auto Ancillaries Equity 2.1%
Federal Bank Banks Equity 2.02%
Kajaria Ceramics Ceramic Products Equity 1.95%
Sheela Foam Miscellaneous Equity 1.66%
Techno Elec.Engg Infrastructure Developers & Operators Equity 1.57%
Thermax Capital Goods-Non Electrical Equipment Equity 1.55%
ICICI Bank Banks Equity 1.53%
AU Small Finance Banks Equity 1.48%
Cholaman.Inv.&Fn Finance Equity 1.46%
Chambal Fert. Fertilizers Equity 1.43%
Hero Motocorp Automobile Equity 1.38%
Bata India Leather Equity 1.3%
Can Fin Homes Finance Equity 1.3%
Crompton Gr. Con Consumer Durables Equity 1.29%
Max Financial Finance Equity 1.26%
Dixon Technolog. Consumer Durables Equity 1.24%
IIFL Finance Finance Equity 1.24%
Jubilant Ingrev. Chemicals Equity 1.19%
Gujarat Gas Miscellaneous Equity 1.18%
Bharat Electron Electronics Equity 1.13%
Hind.Aeronautics Capital Goods-Non Electrical Equipment Equity 1.12%
Timken India Bearings Equity 1.11%
CG Power & Indu. Capital Goods - Electrical Equipment Equity 1.08%
Manappuram Fin. Finance Equity 1.08%
Persistent Sys IT - Software Equity 1.05%
Tata Chemicals Chemicals Equity 1.01%
Dhanuka Agritech Agro Chemicals Equity 0.98%
Page Industries Readymade Garments/ Apparells Equity 0.98%
Linde India Chemicals Equity 0.88%
Schaeffler India Bearings Equity 0.85%
eClerx Services IT - Software Equity 0.84%
Container Corpn. Logistics Equity 0.8%
Tube Investments Auto Ancillaries Equity 0.77%
Aptus Value Hou. Finance Equity 0.74%
Just Dial E-Commerce/App based Aggregator Equity 0.72%
Westlife Food Quick Service Restaurant Equity 0.69%
Ratnamani Metals Steel Equity 0.57%
Suprajit Engg. Auto Ancillaries Equity 0.18%
Industrial Products
Pharmaceuticals & Biotech
Consumer Durables
Chemicals & Petrochemical
Auto Components
View all Sectors
Sectors Asset
Industrial Products 13.6%
Pharmaceuticals & Biotech 10.68%
Consumer Durables 8.09%
Chemicals & Petrochemical 7.24%
Auto Components 6.22%
Fertilisers & Agrochemica 5.82%
Finance 5.82%
Banks 5.65%
Realty 4.63%
Debt 3.55%
Personal Products 3.07%
Aerospace & Defense 2.92%
IT-Software 2.6%
Leisure Services 2.59%
Electrical Equipments 2.52%
Cement & Cement Products 2.49%
IT-Services 2.4%
Food Products 1.99%
Automobiles 1.56%
Construction 1.49%
Gas 1.42%
Insurance 1.13%
Commercial Services & Sup 0.92%
Transport Services 0.85%
Retailing 0.75%
Cash & Others -0.01%
Reverse Repos
Net Curr Ass/Net Receivables

Advance Ratio


Exit Load

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.

Fund Objective

DSP Midcap Fund, an open-ended Mid Cap Equity Scheme from DSP Mutual Fund House, was introduced on November 14, 2006. Vinit Sambre, Jay Kothari, Resham Jain, and Abhishek Ghosh are the administrators of this fund.

The top four stock holdings of DSP Midcap Fund are Supreme Industries Ltd., The Phoenix Mills Ltd., Atul Ltd., and Federal Bank Ltd. The majority of the fund’s investments are concentrated in the financial, technology, healthcare, automotive, materials, construction, metal & mining, consumer discretionary, and chemicals sectors.

The main goal of an investment is to produce long-term capital growth through a strategy that is predominantly composed of midcap company shares and equity-related instruments.

Pros & Cons

Pros Cons
Higher assets under management compared to others in the same category.


Inconsistent in generating returns.
Exceeds fixed deposit returns over a 3-year and 5-year period. Inconsistent in outperforming the benchmark.
Ranks in the top 25% of its category for 3-year returns. Increased likelihood of negative outcomes or potential losses.
Inadequate history of swiftly recovering losses.

How to Invest in DSP Midcap Fund

Investing in the DSP Midcap Fund through 5paisa is a straightforward and convenient process. It is simple to operate, can be completed quickly, and does not involve any cumbersome paperwork.

You can invest in any DSP Mutual Fund scheme using the 5paisa platform, either the website or the mobile app. To start investing, you must register yourself on the 5paisa platform and start investing in mutual fund investments immediately. To open an account with 5paisa, you must upload your information and have your KYC documents handy. The complete process can be done online, making it simple and hassle-free.

Once you have opened an account with 5paisa, below are the steps to follow:

Step 1 – Login to 5paisa. If you do not have an account, you can register and create a new one right away.

Step 2 – Once logged in to your account, you can search for the preferred DSP Mutual fund scheme. Alternatively, you can view All Mutual Funds and choose DSP AMC from the filter.

Step 3 – Select the Best fund according to your criteria.

Step 4 – If you wish to invest a lumpsum amount, click on “One-Time”. Alternatively, you can start an SIP by clicking on “Start SIP”.

Step 5 – Once you have made the payment, you will see the investment status in your orderbook.

Your DSP Mutual Fund Investment with 5paisa is complete and you can enjoy the returns!

Download 5paisa App and start investing in Mutual Funds in easily.

What is the Expense Ratio of DSP Midcap Fund

The expense ratio is a measure of the fee charged by the Asset Management Company (AMC) to manage your investment in a mutual fund. It is expressed as a percentage of the fund’s assets and represents the cost of running the fund per unit. The expense ratio of the DSP Midcap Fund is 0.75% as of January 30, 2023.

Who Should Invest in DSP Midcap Fund

You are suitable for investing in this category of funds if you:

● Have experience as an investor with a well-established core portfolio.
● Intend to allocate 10-15% of your overall portfolio to high-risk, high-reward opportunities.
● Are aware of the high level of risk involved in these types of funds.
● Have the patience and mental fortitude to remain invested for a long-term horizon of at least ten years.
● View market downturns as opportunities to make additional investments.

What are the Benefits of Investing in DSP Midcap Fund

Here are the benefits you will receive while investing in DSP Midcap Fund:

1. Inexpensive Investment

Investing in the DSP Midcap Fund does not require a large amount of money. You can start with a minimum investment of Rs.500.

2. Long-Term Capital Gains

DSP Midcap Fund has delivered strong risk-adjusted returns in the past, outperforming its benchmark and peers in its category.

3. Diverse Investment Portfolio

The fund’s portfolio is diversified across different market capitalizations and sectors, reducing concentration risk and providing a well-rounded investment opportunity.

4. Less Market Risk

The DSP Midcap Fund has been a top performer on a 1-year and 5-year rolling return basis and outperformed many of its peers on a 2-year and 3-year rolling return basis. In terms of risk and return, the fund has demonstrated lower volatility than both the benchmark and category average. Its risk-adjusted returns have been better than the benchmark but comparable to the category average.

Fund Managers

Vinit Sambre


Peer Comparison

Fund Name

AMC Contact Details

DSP Mutual Fund
1,17,725 Cr
Mafatlal Centre, 10th Floor, Nariman Point, Mumbai 400 021.
Email ID:

Frequently Asked Questions

How to invest in DSP Midcap Fund – Direct Growth ?

You can invest in DSP Midcap Fund – Direct Growth in a quick and simple process. Follow the below steps;
  • Login to your 5paisa account, Go to the Mutual Funds section.
  • Search for DSP Midcap Fund – Direct Growth in the search box.
  • Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"

What is the NAV of DSP Midcap Fund – Direct Growth ?

The NAV of DSP Midcap Fund – Direct Growth is ₹114.6 as of 21 September 2023.

How to redeem DSP Midcap Fund – Direct Growth holding ?

You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.

What is the minimum sip amount of DSP Midcap Fund – Direct Growth?

The minimum SIP amount of DSP Midcap Fund – Direct Growth is ₹100

What are the top sectors DSP Midcap Fund – Direct Growth has invested in?

The top sectors DSP Midcap Fund – Direct Growth has invested in are
  1. Industrial Products - 13.6%
  2. Pharmaceuticals & Biotech - 10.68%
  3. Consumer Durables - 8.09%
  4. Chemicals & Petrochemical - 7.24%
  5. Auto Components - 6.22%

Can I make investments in both the SIP and Lump Sum schemes of DSP Midcap Fund – Direct Growth?

Yes, You can select both SIP or Lumpsum investment of DSP Midcap Fund – Direct Growth based on your investment objective and risk tolerance.

How much returns have DSP Midcap Fund – Direct Growth generated ?

The DSP Midcap Fund – Direct Growth has delivered 17.5% since inception

What is the expense ratio of DSP Midcap Fund – Direct Growth ?

The expense ratio of DSP Midcap Fund – Direct Growth is 0.75 % as of 21 September 2023.

What is the AUM of DSP Midcap Fund – Direct Growth?

The AUM of DSP Midcap Fund – Direct Growth is ₹1,17,725 Cr as of 21 September 2023

What are the top stock holdings of DSP Midcap Fund – Direct Growth?

The top stock holdings of DSP Midcap Fund – Direct Growth are
  1. Phoenix Mills - 4.67%
  2. Bharat Forge - 4.37%
  3. Alkem Lab - 4.21%
  4. Coromandel Inter - 3.49%
  5. Atul - 3.4%

How can I redeem my investments in DSP Midcap Fund – Direct Growth?

Step 1: Visit the fund house's website
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select DSP Midcap Fund – Direct Growth in Scheme, enter the redemption amount, and click on submit button.
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