DSP Midcap Fund

Q: What are the returns of this mutual fund scheme?

The DSP Midcap Fund is a 19 yrs old fund and has delivered average annual returns of 15.16% since inception. DSP Midcap Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 5.17% 19.31% 19.49% 15.05% 15.16%

Q: How much does this mutual fund charge as expense ratio?

The DSP Midcap Fund has an expense ratio of 1.66% , representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

NAV as of Oct 20, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹149.169+0.64% 1 day change	15.16% p.a.	App exclusive #NA View Ranked Funds	₹19,162 Cr

Historical NAV & returns

NAV: ₹149.169 as on Oct 20, 2025

This fund Category average

DSP Midcap Fund overview

AUM (Fund size)	₹19,162 Cr
Exit load	1.0% Exit load of 1% if redeemed less than 12 months!
Lock-in Period	Nil
Age	19 yrs since Sep 29, 2006
Benchmark	NIFTY Midcap 150 TRI
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
Expense ratio	1.66% as on Sep 30, 2025
Plan type	Regular
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

DSP Midcap Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Oct 25, 2025

Period	This fund	Category average
1 Month	1.25%	2.04%
3 Months	1.9%	2.26%
6 Months	12.01%	12.21%
1 Year	5.17%	5.14%
2 Years	20.43%	23.63%
3 Years	19.31%	21.6%
4 Years	12.82%	16.78%
5 Years	19.49%	25.91%
7 Years	17.72%	20.46%
10 Years	15.05%	16.17%

View returns in detail

Asset allocationas on Sep 30, 2025

Large Cap 12.11%

Mid Cap 68%

Small Cap 15.2%

Other Cap 0%

Top holdings

Coforge Ltd.4.1%

Ipca Laboratories Ltd.3.24%

Supreme Industries Ltd.2.75%

L&T Finance Ltd.2.7%

Top sectors

Financial 18.17%

Capital Goods 11.5%

Healthcare 10.96%

Automobile 9.62%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Bifurcation by Holding is not available for this fund

Allocation by Instruments

Reverse Repo 4.65%

Net Receivables 0.04%

Other Holdings

Others 0.04%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
DSP Midcap Fund	1.25%	12.01%	5.17%	19.31%	19.49%	15.05%
Nippon India Growth Mid Cap Fund	2.67%	11.74%	6.4%	25.44%	29.58%	18.02%
HDFC Mid Cap Fund	3.27%	13.12%	9.09%	26.21%	29.92%	18.04%
Motilal Oswal Midcap Fund	1.96%	11.58%	-0.11%	26.13%	33.38%	17.6%
Kotak Midcap Fund	1.15%	15.81%	7.05%	22.41%	27.34%	17.97%
Edelweiss Mid Cap Fund	2.47%	11.89%	6.72%	24.93%	29.34%	18.06%

Fund name	Std. deviation	Beta	Sharpe	Sortino
DSP Midcap Fund	16.12	0.98	0.74	1.11
Nippon India Growth Mid Cap Fund	15.44	0.96	1.08	1.57
HDFC Mid Cap Fund	13.79	0.86	1.25	1.77
Motilal Oswal Midcap Fund	17.6	0.92	0.96	1.21
Kotak Midcap Fund	15.02	0.89	0.96	1.19
Edelweiss Mid Cap Fund	15.52	0.94	1.05	1.38

Fund name	ETM Rank	AUM	Fund age	Expense ratio
DSP Midcap Fund	N.A.	19,162 Cr	19 yrs	1.66%
Nippon India Growth Mid Cap Fund	N.A.	39,329 Cr	30 yrs 1 m	1.55%
HDFC Mid Cap Fund	N.A.	84,855 Cr	18 yrs 5 m	1.37%
Motilal Oswal Midcap Fund	N.A.	34,749 Cr	11 yrs 8 m	1.54%
Kotak Midcap Fund	N.A.	58,300 Cr	18 yrs 8 m	1.39%
Edelweiss Mid Cap Fund	N.A.	11,731 Cr	17 yrs 11 m	1.67%

View all Mid Cap funds

Key risk & return ratios Compared to other funds in the category

Alpha	-3.13 vs. 4.93 Underperformed at beating benchmark
Sharpe	0.74 vs. 5.94 Poor risk-adjusted returns
Beta	0.98 vs. 0.9 More sensitive to market's ups & downs
Standard deviation	16.12 vs. 13.4 More volatile performance

Compare DSP Midcap Fund in detail with

About this fund

About DSP Midcap Fund

DSP Midcap Fund is a Mid Cap mutual fund scheme from Dsp Mutual Fund. This fund has been in existence for 19 yrs, having been launched on 29/09/2006. DSP Midcap Fund has ₹19,162 Crores worth of assets under management (AUM) as on 30/09/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of DSP Midcap Fund as of 20/10/2025 is ₹149.17. The fund has an expense ratio of 1.66%, which is higher than what most other Mid Cap funds charge.

DSP Midcap Fund returns of last 1-year are -0.98%. Since launch, it has delivered 15.33% average annual returns. The fund has doubled the money invested in it every 5 yrs.
DSP Midcap Fund scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is average.
The fund has the majority of its money invested in Financial, Capital Goods, Healthcare, Automobile, Chemicals sectors. It has taken less exposure in Financial, Capital Goods sectors compared to other funds in the category.
The fund's top 5 holdings are in Coforge Ltd., Ipca Laboratories Ltd., Supreme Industries Ltd., L&T Finance Ltd., Coromandel International Ltd..

...

Fund AUM	19,162 Cr as on Sep 30, 2025
Scheme document	View Scheme Document

Fund managers

Abhishek Ghosh

Mr. Ghosh is a MBA Finance, BE (Electronics) Prior to joining DSP Mutual Fund, he has worked with Motilal Oswal Securities, IDFC securities Ltd, BNP Paribas, B&K Securities, Edelweiss Securities.

Vinit Sambre

Mr. Sambre is a B.Com and FCA. 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).

Investment objective

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.

DSP Mutual Fund details

No. of schemes	54 view all schemes
Total AUM	2,12,960 Cr as on Sep 30, 2025
Address	NATRAJ, Office No. 302-3rd Floor-Plot No. 194, MV Road Junction Western Express Highway, Andheri East Mumbai, 400069
Phone	1800-208-4499 / 1800-200-4499

More funds from DSP Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
DSP India T.I.G.E.R. Fund	N.A.	5,390 Cr	-0.32%	32.79%
DSP Natural Resources and New Energy Fund	N.A.	1,391 Cr	5.21%	26.93%
DSP Small Cap Fund	N.A.	16,496 Cr	2.75%	26.19%
DSP ELSS Tax Saver Fund	N.A.	16,749 Cr	4.91%	23.36%
DSP Nifty 50 Equal Weight Index Fund	N.A.	2,285 Cr	8.69%	23.17%
DSP Large & Mid Cap Fund	N.A.	15,857 Cr	4.65%	22.83%

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of DSP Midcap Fund?

The current Net Asset Value (NAV) of the DSP Midcap Fund plan is approximately ₹149.169 as of Oct 20, 2025.

What are the returns of this mutual fund scheme?

The DSP Midcap Fund is a 19 yrs old fund and has delivered average annual returns of 15.16% since inception.

DSP Midcap Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
5.17%	19.31%	19.49%	15.05%	15.16%

How much does this mutual fund charge as expense ratio?

The DSP Midcap Fund has an expense ratio of 1.66%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

What is the AUM or fund size of this mutual fund?

The DSP Midcap Fund currently has assets under management (AUM) or fund size valued at approximately 19,162 Cr as on Sep 30, 2025.

What are the top stock holdings of DSP Midcap Fund?

The DSP Midcap Fund has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
Coforge Ltd.	4.1%
Ipca Laboratories Ltd.	3.24%
Supreme Industries Ltd.	2.75%
L&T Finance Ltd.	2.7%
Coromandel International Ltd.	2.68%
Fortis Healthcare Ltd.	2.61%
Voltas Ltd.	2.57%
Power Finance Corporation Ltd.	2.48%
Jindal Steel Ltd.	2.43%
Max Financial Services Ltd.	2.42%

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

The DSP Midcap Fund has primarily invested in the following sectors

Sector	Percentage of Portfolio
Financial	18.17%
Capital Goods	11.5%
Healthcare	10.96%
Automobile	9.62%
Chemicals	9.31%
Technology	8.459999999999999%
Materials	4.54%
Services	3.87%
Energy	3.7%
Metals & Mining	3.6900000000000004%

What is risk level of DSP Midcap Fund?

This is a Mid Cap fund comes with Very High risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How can I redeem my investments in DSP Midcap Fund?

Redeeming your investments in the DSP Midcap Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Mid Cap

#NA

Return Outperformance: This fund has generated highest return amongst Mid Cap funds in the last 10 Years.
Return Consistency: This fund ranks lower in terms of generating consistent return in it's category.
Volatility Protection: This fund ranks lower in terms of protecting against volatility within its category.
Chance: This fund has generated only 12.0% annual return in 70% of times for investors holding for at least 5 years.
Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit load of 1% if redeemed less than 12 months