DSP Midcap Fund Direct Growth

Fund Overview

Fund Size

₹19,609 Cr

Expense Ratio

0.70%

ISIN

INF740K01PX1

Minimum SIP

₹100

Exit Load

1.00%

Inception Date

01 Jan 2013

About this fund

DSP Midcap Fund Direct Growth is a Mid-Cap mutual fund schemes offered by DSP Mutual Fund. This fund has been in existence for 12 years, 10 months and 14 days, having been launched on 01-Jan-13.
As of 14-Nov-25, it has a Net Asset Value (NAV) of ₹167.83, Assets Under Management (AUM) of 19609.01 Crores, and an expense ratio of 0.7%.

DSP Midcap Fund Direct Growth has given a CAGR return of 17.79% since inception.
The fund's asset allocation comprises around 96.03% in equities, 0.00% in debts, and 3.97% in cash & cash equivalents.
You can start investing in DSP Midcap Fund Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹100.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+7.99%

+9.55% (Cat Avg.)

3 Years

+20.67%

+22.31% (Cat Avg.)

5 Years

+19.46%

+25.01% (Cat Avg.)

10 Years

+16.57%

+16.84% (Cat Avg.)

Since Inception

+17.79%

— (Cat Avg.)

Portfolio Summaryas of 31st October 2025

Equity	₹18,829.9 Cr	96.03%
Others	₹779.1 Cr	3.97%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
Coforge Ltd	Equity	₹878.61 Cr	4.48%
Treps / Reverse Repo Investments	Cash - Repurchase Agreement	₹788.53 Cr	4.02%
Ipca Laboratories Ltd	Equity	₹589.55 Cr	3.01%
L&T Finance Ltd	Equity	₹561.71 Cr	2.86%
Fortis Healthcare Ltd	Equity	₹528.58 Cr	2.70%
AU Small Finance Bank Ltd	Equity	₹526.93 Cr	2.69%
Voltas Ltd	Equity	₹503.57 Cr	2.57%
Coromandel International Ltd	Equity	₹485.04 Cr	2.47%
Supreme Industries Ltd	Equity	₹476.44 Cr	2.43%
Power Finance Corp Ltd	Equity	₹467.57 Cr	2.38%
Jindal Steel Ltd	Equity	₹466.67 Cr	2.38%
Bharti Airtel Ltd	Equity	₹461.45 Cr	2.35%
Max Financial Services Ltd	Equity	₹455.66 Cr	2.32%
Phoenix Mills Ltd	Equity	₹443.73 Cr	2.26%
Polycab India Ltd	Equity	₹429.69 Cr	2.19%
Schaeffler India Ltd	Equity	₹423.89 Cr	2.16%
Alkem Laboratories Ltd	Equity	₹411.89 Cr	2.10%
Dixon Technologies (India) Ltd	Equity	₹403.71 Cr	2.06%
Nippon Life India Asset Management Ltd Ordinary Shares	Equity	₹397.33 Cr	2.03%
Page Industries Ltd	Equity	₹391.12 Cr	1.99%
Hindustan Petroleum Corp Ltd	Equity	₹373.44 Cr	1.90%
The Federal Bank Ltd	Equity	₹371.27 Cr	1.89%
KPIT Technologies Ltd	Equity	₹362.48 Cr	1.85%
Bharat Forge Ltd	Equity	₹359.66 Cr	1.83%
Mphasis Ltd	Equity	₹344.71 Cr	1.76%
UNO Minda Ltd	Equity	₹341.31 Cr	1.74%
JK Cement Ltd	Equity	₹338.02 Cr	1.72%
KEI Industries Ltd	Equity	₹336.34 Cr	1.72%
Techno Electric & Engineering Co Ltd	Equity	₹323.21 Cr	1.65%
Jubilant Ingrevia Ltd Ordinary Shares	Equity	₹308.39 Cr	1.57%
Apollo Tyres Ltd	Equity	₹308.36 Cr	1.57%
Atul Ltd	Equity	₹300.51 Cr	1.53%
Bank of India	Equity	₹271.15 Cr	1.38%
Multi Commodity Exchange of India Ltd	Equity	₹270.92 Cr	1.38%
APL Apollo Tubes Ltd	Equity	₹255.62 Cr	1.30%
Kirloskar Oil Engines Ltd	Equity	₹254.78 Cr	1.30%
Cholamandalam Financial Holdings Ltd	Equity	₹252.82 Cr	1.29%
Vishal Mega Mart Ltd	Equity	₹246.37 Cr	1.26%
Cipla Ltd	Equity	₹243.14 Cr	1.24%
Gujarat Fluorochemicals Ltd Ordinary Shares	Equity	₹227.48 Cr	1.16%
Dhanuka Agritech Ltd	Equity	₹225.08 Cr	1.15%
Hero MotoCorp Ltd	Equity	₹221.27 Cr	1.13%
Emami Ltd	Equity	₹216.88 Cr	1.11%
Oil India Ltd	Equity	₹215.72 Cr	1.10%
Samvardhana Motherson International Ltd	Equity	₹210.99 Cr	1.08%
Mahindra & Mahindra Ltd	Equity	₹209.1 Cr	1.07%
Tube Investments of India Ltd Ordinary Shares	Equity	₹207.67 Cr	1.06%
PI Industries Ltd	Equity	₹202.96 Cr	1.04%
Alembic Pharmaceuticals Ltd	Equity	₹191.14 Cr	0.97%
HDB Financial Services Ltd	Equity	₹189.68 Cr	0.97%
Eternal Ltd	Equity	₹179.52 Cr	0.92%
Cyient Ltd	Equity	₹164.87 Cr	0.84%
GAIL (India) Ltd	Equity	₹161.68 Cr	0.82%
Cholamandalam Investment and Finance Co Ltd	Equity	₹150.9 Cr	0.77%
Apar Industries Ltd	Equity	₹149.46 Cr	0.76%
Westlife Foodworld Ltd	Equity	₹109.8 Cr	0.56%
Hatsun Agro Product Ltd	Equity	₹107.92 Cr	0.55%
Syngene International Ltd	Equity	₹103.14 Cr	0.53%
Lenskart Solutions Ltd	Equity	₹90 Cr	0.46%
Container Corporation of India Ltd	Equity	₹62.69 Cr	0.32%
Timken India Ltd	Equity	₹58.87 Cr	0.30%
Net Receivables/Payables	Cash	₹-9.43 Cr	0.05%
LG Electronics India Ltd	Equity	₹7.47 Cr	0.04%

Allocation By Market Cap (Equity)

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Financial Services	₹3,915.94 Cr	19.97%
Consumer Cyclical	₹3,504.95 Cr	17.87%
Basic Materials	₹2,809.77 Cr	14.33%
Industrials	₹2,464.01 Cr	12.57%
Healthcare	₹2,157.44 Cr	11.00%
Technology	₹1,996.98 Cr	10.18%
Energy	₹589.16 Cr	3.00%
Communication Services	₹461.45 Cr	2.35%
Real Estate	₹443.73 Cr	2.26%
Consumer Defensive	₹324.8 Cr	1.66%
Utilities	₹161.68 Cr	0.82%

Risk & Performance Ratios

Fund Managers

Vinit Sambre

Since July 2012

Abhishek Ghosh

Since September 2022

Additional Scheme Detailsas of 31st October 2025

ISIN

INF740K01PX1

Expense Ratio

0.70%

Exit Load

1.00%

Fund Size

₹19,609 Cr

Age

12 years 10 months

Lumpsum Minimum

₹100

Fund Status

Open Ended Investment Company

Benchmark

Nifty Midcap 150 TR INR

Investment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Capital Gains Taxation:

Dividend Taxation:

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Mid-Cap Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Bank of India Mid Cap Fund Direct Growth Very High Risk	1.1%	1.0%	₹691.38 Cr	-
Bank of India Mid Cap Fund Regular Growth Very High Risk	2.2%	1.0%	₹691.38 Cr	-
Kotak Nifty Midcap 150 ETF Very High Risk	0.1%	-	₹4.08 Cr	-
Helios Mid Cap Fund Direct Growth Very High Risk	0.8%	1.0%	₹455.44 Cr	-
Helios Mid Cap Fund Regular Growth Very High Risk	2.4%	1.0%	₹455.44 Cr	-
ICICI Prudential Nifty Midcap 150 ETF Very High Risk	0.1%	-	₹553.90 Cr	11.6%
ICICI Prudential Midcap Select ETF Very High Risk	0.1%	-	₹93.18 Cr	8.0%
Zerodha Nifty Midcap 150 ETF Very High Risk	0.2%	-	₹138.95 Cr	12.2%
LIC MF Nifty Midcap 100 ETF Very High Risk	0.2%	-	₹744.78 Cr	12.8%
HDFC NIFTY Midcap 150 ETF Very High Risk	0.2%	-	₹94.44 Cr	11.5%
UTI Nifty Midcap 150 ETF Very High Risk	0.3%	-	₹11.03 Cr	11.5%
Invesco India Mid Cap Fund Regular Growth Very High Risk	1.8%	1.0%	₹9319.87 Cr	16.0%
HSBC Midcap Fund Direct Growth Very High Risk	0.6%	1.0%	₹12369.79 Cr	9.8%
Canara Robeco Mid Cap Fund Regular Growth Very High Risk	1.9%	1.0%	₹3848.99 Cr	10.4%
Canara Robeco Mid Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹3848.99 Cr	11.8%
ICICI Prudential Midcap Fund Direct Growth Very High Risk	1.0%	1.0%	₹6963.67 Cr	15.0%
Nippon India Growth Fund Direct Growth Very High Risk	0.8%	1.0%	₹41267.69 Cr	9.8%
Edelweiss Mid Cap Fund Direct Growth Very High Risk	0.4%	1.0%	₹12646.93 Cr	11.1%
Invesco India Mid Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹9319.87 Cr	17.4%
Kotak Emerging Equity Scheme Direct Growth Very High Risk	0.4%	1.0%	₹60385.03 Cr	8.3%
JM Midcap Fund Regular Growth Very High Risk	2.1%	1.0%	₹1477.25 Cr	4.6%
JM Midcap Fund Direct Growth Very High Risk	0.5%	1.0%	₹1477.25 Cr	6.2%
Mirae Asset Nifty Midcap 150 ETF Very High Risk	0.1%	-	₹1254.47 Cr	11.7%
DSP Midcap Fund Regular Growth Very High Risk	1.7%	1.0%	₹19609.01 Cr	7.0%
Kotak Emerging Equity Scheme Regular Growth Very High Risk	1.4%	1.0%	₹60385.03 Cr	7.2%
ICICI Prudential Midcap Select ETF Very High Risk	0.1%	-	₹79.99 Cr	36.3%
ICICI Prudential Nifty Midcap 150 ETF Very High Risk	0.1%	-	₹424.94 Cr	26.8%
HDFC Mid-Cap Opportunities Fund Regular Growth Very High Risk	1.4%	1.0%	₹89383.23 Cr	11.8%
Nippon India ETF Nifty Midcap 150 Very High Risk	0.2%	-	₹2692.60 Cr	11.5%
UTI Mid Cap Fund Direct Growth Very High Risk	0.9%	1.0%	₹12101.13 Cr	5.5%
Axis Midcap Fund Direct Growth Very High Risk	0.6%	1.0%	₹32069.13 Cr	8.6%
HDFC Mid-Cap Opportunities Fund Direct Growth Very High Risk	0.7%	1.0%	₹89383.23 Cr	12.5%
Aditya Birla Sun Life Mid Cap Fund Direct Growth Very High Risk	1.0%	1.0%	₹6271.07 Cr	7.2%
Baroda BNP Paribas Mid Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹2276.13 Cr	9.0%
SBI Magnum Midcap Fund Direct Growth Very High Risk	0.9%	0.0%	₹23036.04 Cr	4.2%
Sundaram Mid Cap Fund Direct Growth Very High Risk	0.9%	1.0%	₹13235.84 Cr	10.7%
Tata Mid Cap Growth Fund Direct Growth Very High Risk	0.6%	0.0%	₹5282.94 Cr	8.6%
Taurus Discovery (Midcap) Fund Direct Growth Very High Risk	2.1%	1.0%	₹133.35 Cr	6.4%
DSP Midcap Fund Direct Growth Very High Risk	0.7%	1.0%	₹19609.01 Cr	8.0%
Quant Mid Cap Fund Direct Growth Very High Risk	0.7%	0.0%	₹8525.04 Cr	-0.1%
Franklin India Prima Fund Direct Growth Very High Risk	0.9%	1.0%	₹12770.14 Cr	8.0%
Motilal Oswal Nifty Midcap 100 ETF Very High Risk	0.2%	-	₹712.12 Cr	12.9%
Union Midcap Fund Regular Growth Very High Risk	2.1%	1.0%	₹1620.01 Cr	9.8%
Union Midcap Fund Direct Growth Very High Risk	0.7%	1.0%	₹1620.01 Cr	11.3%
Edelweiss Mid Cap Fund Regular Growth Very High Risk	1.7%	1.0%	₹12646.93 Cr	9.6%
Motilal Oswal Midcap Fund Direct Growth Very High Risk	0.7%	1.0%	₹37500.86 Cr	1.7%
LIC MF Midcap Fund Regular Growth Very High Risk	2.5%	1.0%	₹347.67 Cr	4.4%
LIC MF Midcap Fund Direct Growth Very High Risk	1.4%	1.0%	₹347.67 Cr	5.5%
Kotak Nifty Midcap 50 ETF Very High Risk	0.1%	-	₹87.08 Cr	15.4%
Aditya Birla Sun Life Mid Cap Fund Regular Growth Very High Risk	1.9%	1.0%	₹6271.07 Cr	6.4%

About the AMC

DSP Mutual Fund

+91 18002084499

https://www.dspim.com/

Total AUM

₹2,10,509 Cr

Address

West Wing, 11th Floor, Mumbai, 400021

Other Funds by DSP Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
DSP Nifty500 Flexicap Quality 30 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹62.35 Cr	-
DSP Nifty IT Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹14.31 Cr	-
DSP Nifty Healthcare Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹13.87 Cr	-
DSP Silver ETF Fund of Fund Direct Growth Very High Risk	0.6%	0.0%	₹430.01 Cr	-
DSP Nifty Private Bank Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹28.48 Cr	-
DSP BSE SENSEX Next 30 Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹13.10 Cr	-
DSP Business Cycle Fund Direct Growth Very High Risk	0.6%	0.0%	₹1181.10 Cr	-
DSP Nifty Top 10 Equal Weight Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹1441.04 Cr	7.8%
DSP Nifty Bank Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹55.51 Cr	17.2%
DSP US Treasury Fund of Fund Direct Growth Very High Risk	0.2%	0.0%	₹64.47 Cr	12.4%
DSP Multicap Fund Direct Growth Low Risk	0.5%	1.0%	₹2627.88 Cr	4.0%
DSP Nifty Smallcap250 Quality 50 Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹286.77 Cr	-5.6%
DSP Banking & Financial Services Fund Direct Growth Very High Risk	0.7%	0.0%	₹1518.73 Cr	22.7%
DSP Gold ETF Fund of Fund Direct Growth High Risk	0.7%	0.0%	₹194.41 Cr	66.8%
DSP Multi Asset Allocation Fund Direct Growth Very High Risk	0.3%	1.0%	₹4985.07 Cr	22.0%
DSP FMP - Series 264 - 60M - 17D Direct Growth Low to Moderate Risk	-	0.0%	₹52.27 Cr	7.7%
DSP FMP Series 267 - 1246 Days Direct Growth Low Risk	-	0.0%	₹699.56 Cr	7.3%
DSP FMP Series 261 37 Month Direct Growth Moderate Risk	-	-	-	-
DSP Fixed Maturity Plan Series 270 1144 Days Direct Growth Low Risk	-	0.0%	₹180.35 Cr	7.3%
DSP FMP Series 268 - 1281 Days Direct Growth Low Risk	-	-	₹122.54 Cr	7.1%
DSP FMP Series 252 38 Month Direct Growth Moderate Risk	-	0.0%	-	-
DSP Banking & PSU Debt Fund Direct Growth Low Risk	0.3%	0.0%	₹4211.35 Cr	7.6%
DSP Dynamic Asset Allocation Fund Direct Growth Moderately High risk	0.7%	1.0%	₹3635.61 Cr	9.8%
DSP Overnight Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹2174.54 Cr	6.0%
DSP Nifty 50 Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹869.60 Cr	11.2%
DSP Nifty Next 50 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹1180.28 Cr	4.1%
DSP Healthcare Fund Direct Growth Very High Risk	0.6%	0.0%	₹3143.91 Cr	-0.6%
DSP Global Allocation Fund Direct Growth Very High Risk	0.4%	0.0%	₹1868.30 Cr	6.6%
DSP Quant Fund Direct Growth Very High Risk	0.6%	0.0%	₹920.66 Cr	6.8%
DSP Low Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹5872.05 Cr	7.7%
DSP Value Fund Direct Growth Very High Risk	0.9%	1.0%	₹1196.61 Cr	13.2%
DSP Nifty SDL Plus G-Sec Jun 2028 30:70 Index Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹2056.91 Cr	8.5%
DSP Bond Fund Direct Growth Moderately High risk	0.4%	0.0%	₹318.23 Cr	8.8%
DSP Flexi Cap Fund Direct Growth Very High Risk	0.7%	1.0%	₹12197.68 Cr	7.2%
DSP Government Securities Direct Growth Moderate Risk	0.6%	0.0%	₹1342.08 Cr	5.1%
DSP Equity & Bond Fund Direct Growth High Risk	0.6%	1.0%	₹11909.72 Cr	8.5%
DSP Focus Fund Direct Growth Very High Risk	0.9%	1.0%	₹2637.79 Cr	9.2%
DSP Credit Risk Fund Direct Growth Moderately High risk	0.4%	1.0%	₹208.47 Cr	22.6%
DSP India TIGER Fund Direct Growth Very High Risk	0.7%	1.0%	₹5506.48 Cr	2.2%
DSP Liquidity Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹19054.79 Cr	6.8%
DSP Regular Saving Fund Direct Growth Moderate Risk	0.5%	0.0%	₹179.57 Cr	8.3%
DSP Small Cap Fund Direct Growth Very High Risk	0.8%	1.0%	₹16867.93 Cr	5.5%
DSP Ultra Short Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹3960.29 Cr	7.6%
DSP Short Term Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹3835.65 Cr	8.4%
DSP Midcap Fund Direct Growth Very High Risk	0.7%	1.0%	₹19609.01 Cr	8.0%
DSP Natural Resource & New Energy Fund Direct Growth Very High Risk	0.9%	0.0%	₹1474.17 Cr	14.3%
DSP Equity Opportunities Fund Direct Growth Very High Risk	0.6%	1.0%	₹16530.07 Cr	8.9%
DSP Strategic Bond Fund Direct Growth Moderate Risk	0.5%	0.0%	₹1434.79 Cr	5.4%
DSP Savings Fund Direct Growth Moderate Risk	0.1%	0.0%	₹7524.16 Cr	7.4%
DSP Tax Saver Fund Direct Growth Very High Risk	0.7%	0.0%	₹17241.31 Cr	9.1%

Risk Level

Your principal amount will be at Very High Risk

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Still got questions?
We're here to help.

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

The NAV of DSP Midcap Fund Direct Growth, as of 14-Nov-2025, is ₹167.83.

What are the returns of DSP Midcap Fund Direct Growth?

The fund has generated 7.99% over the last 1 year and 20.67% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.

What is the portfolio composition of DSP Midcap Fund Direct Growth?

The fund's allocation of assets is distributed as 96.03% in equities, 0.00% in bonds, and 3.97% in cash and cash equivalents.

Who manages the DSP Midcap Fund Direct Growth?

The fund managers responsible for DSP Midcap Fund Direct Growth are:-

Vinit Sambre
Abhishek Ghosh

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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Fund Overview

Fund Size

₹19,609 Cr

Expense Ratio

0.70%

ISIN

INF740K01PX1

Minimum SIP

₹100

Exit Load

1.00%

Inception Date

01 Jan 2013

Risk Level

Your principal amount will be at Very High Risk