CASPeR Ranking #154
DSP Midcap Fund Growth
NAV (Tue Sep 17 2024)
₹153
Returns (Since Inception)
17.44%
Category Average
23.93%
Rating
2
Allocation and Holdings
Asset class
Weightage
Technology
3.45%
Healthcare
3.23%
Consumer Cyclical
5.77%
Financial Services
8.77%
Basic Materials
5.88%
Real Estate
2.69%
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Overall rating
Scheme Information
Fund name
DSP Midcap Fund Growth
Minimum SIP
100
Risk Level
Very High Risk
AUM
₹20068.84 Cr
ISIN
INF740K01128
Inception Date
Nov 14 2006
Standard Deviation
15.079
Beta
0.93
Sharpe Ratio
0.847
Benchmark
IISL Nifty Midcap 150 TR INR
Expense Ratio
1.660%
Exit Load
Holding Period from the date of allotment: Less than 12 months – 1% Greater than or equal to 12 months – Nil
Risk
Very High Risk
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 investment objective of the Scheme will be realized.
Fund Managers
Vinit Sambre
Jay Kothari
Resham Jain
About the AMC
DSP Asset Managers Private Limited
Phone Number
+91 18002084499Corporate Office Address
IndiaOverall AUM
₹20068.84 Cr
Website
www.dspim.comPopular Equity funds
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frequently asked questions
view all FAQsWhat is the current NAV of DSP Midcap Fund Growth?
The NAV of DSP Midcap Fund Growth is ₹153 as of Tue Sep 17 2024.
Net asset value, or NAV for short, is a mutual fund's cost per unit. Consider it the share price of a stock, but one that represents the total worth of all the investments made by the fund. This value affects how much you pay to invest or receive when redeeming units, and it changes every day based on changes in the market. Gaining insight into NAV enables you to evaluate a fund's performance and make wise investment choices.
Who is the fund manager of DSP Midcap Fund Growth?
Vinit Sambre is the current fund manager of DSP Midcap Fund Growth as on Wed Sep 18 2024. A fund manager's performance history, investment style and strategy, approach to risk management, tenure and experience, fees and charges, and alignment with investor goals all have an impact on the fund performance.
What is the expense ratio of DSP Midcap Fund Growth?
The Expense Ratio of DSP Midcap Fund Growth is 166.00% as of Wed Sep 18 2024 which means if you earn ₹50,000 worth returns on an investment in this fund then 166.00% of those returns will be retained by the AMC.
The annual fees you pay the mutual fund firm to manage your investments in that fund are known as the Expense Ratio. The Expense Ratio is deducted from the returns that the fund generates and expressed as a percentage of Assets Under Management (AUM).
Because a smaller portion of the gains will be retained, a fund with a lower expense ratio is always preferable because it will result in larger returns for you.
What is the minimum SIP amount of DSP Midcap Fund Growth?
The minimum Systematic Investment Plan (SIP) amount required for DSP Midcap Fund Growth is ₹100. A Systematic Investment Plan (SIP) is an investment approach in mutual funds where an investor selects a mutual fund scheme and invests a fixed amount at regular intervals. The SIP investment strategy involves investing a small amount consistently over time, as opposed to investing a large sum in a single instance. This method aims to potentially yield higher returns over the long term by leveraging the benefits of rupee cost averaging and compounding.
What is the minimum lump sum amount required to invest in DSP Midcap Fund Growth?
To initiate a lump sum investment in DSP Midcap Fund Growth, a minimum initial amount of ₹100 is necessary. This means that to participate in this investment option, investors must commit a starting sum of at least INR 5000. A lumpsum investment is a common approach to investing money in financial instruments such as mutual funds. This method involves investing a substantial sum of money in a financial instrument in a single transaction, as opposed to making multiple smaller payments over time.
What is risk category of the DSP Midcap Fund Growth?
In accordance with SEBI regulations, mutual funds are required to disclose the risk associated with investing, categorized into five levels: (a) Low: Low risk to principal, (b) Moderately Low: Moderately low risk to principal, (c) Moderate: Moderate risk to principal, (d) Moderately High: Moderately high risk to principal, (e) High: High risk to principal. The risk category of DSP Midcap Fund Growth is classified as Very High Risk.
What is the category of DSP Midcap Fund Growth?
The category of the DSP Midcap Fund Growth is Equity.