DSP Midcap Fund - Regular Plan - Growth
💡 Why Pick This Fund? Quantitative Strengths & Watch-outs
- Delivered positive returns in 96% of 3-year investment horizons.
- Cost-efficient: expense ratio of 1.73% is lower than category median (2.11%).
- Over 20 years of operational history across different market cycles.
- Experienced a maximum drawdown of -65.7% during severe market crashes.
Key Statistics vs Category Median
Trailing Returns Comparison
| Period | Fund Return | Category Median | Difference |
|---|---|---|---|
| 1 Month | +4.49% | +4.07% | +0.42% |
| 3 Months | -3.83% | -1.98% | -1.85% |
| 6 Months | +0.90% | +3.41% | -2.51% |
| 1 Year | +1.47% | +3.63% | -2.16% |
| 3 Years CAGR | +12.47% | +15.02% | -2.55% |
| 5 Years CAGR | +9.82% | +12.65% | -2.83% |
| 7 Years CAGR | +15.23% | +19.98% | -4.75% |
| 10 Years CAGR | +13.31% | +15.76% | -2.45% |
| Since Inception | +14.42% | - | - |
📈 Monthly SIP vs Bank Fixed Deposit (FD) Replay
See how a regular monthly SIP in DSP Midcap Fund compares against a standard 7.0% p.a. Bank Fixed Deposit.
Calendar Year Returns
| Year | Fund | Category Median | Gap |
|---|---|---|---|
| 2026 | +1.75% | +5.43% | -3.68% |
| 2025 | +1.71% | +1.71% | 0.00% |
| 2024 | +22.45% | +29.27% | -6.82% |
| 2023 | +38.44% | +37.88% | +0.56% |
| 2022 | -4.93% | +2.02% | -6.95% |
| 2021 | +28.32% | +48.43% | -20.11% |
| 2020 | +23.64% | +24.33% | -0.69% |
| 2019 | +9.21% | +5.15% | +4.06% |
| 2018 | -10.15% | -12.21% | +2.06% |
| 2017 | +39.80% | +41.38% | -1.58% |
| 2016 | +11.45% | +3.21% | +8.24% |
| 2015 | +7.26% | +8.03% | -0.77% |
| 2014 | +70.53% | +73.48% | -2.95% |
| 2013 | +1.65% | +4.64% | -2.99% |
| 2012 | +45.00% | +45.00% | 0.00% |
| 2011 | -27.21% | -24.73% | -2.48% |
| 2010 | +29.62% | +18.72% | +10.90% |
| 2009 | +119.06% | +97.88% | +21.18% |
| 2008 | -58.46% | -62.20% | +3.74% |
| 2007 | +54.46% | +64.08% | -9.62% |
Daily Rolling Returns Summary
| Rolling Window | Minimum | Average | Median | Maximum | % Positive | % Beating Proxy |
|---|---|---|---|---|---|---|
| 1-Year Rolling | -60.44% | +18.89% | +11.55% | +165.59% | 72.8% | 12.6% |
| 3-Year Rolling | -8.05% | +17.06% | +16.95% | +43.29% | 96.4% | 0.0% |
| 5-Year Rolling | +2.99% | +16.28% | +16.32% | +30.55% | 100.0% | 0.0% |
Risk Profile & Deepest Drawdowns
Deepest Market Corrections (Depth >= 10%)
| Peak Date | Trough Date | Fall Depth | Months to Bottom | Recovery Period |
|---|---|---|---|---|
| 2008-01-04 | 2009-03-09 | -65.7% | 14 months | 16 months |
| 2010-11-10 | 2011-12-20 | -34.0% | 13 months | 27 months |
| 2020-02-20 | 2020-03-23 | -32.8% | 1 months | 5 months |
Portfolio & Asset Allocation
Statutory Asset Allocation Mandate (SEBI / SID)
| Instrument Category | Permitted Allocation Range |
|---|---|
| 1. (a) Equity & equity related instruments of mid cap companies | 65% - 100% (b) Other equity & equity related instruments : 0% - 35% 2. Debt and Money Market Securities: 0% - 35% 3. Units issued by InvITs: 0% - 10% For detailed asset allocation pattern, please refer to the Scheme Information Document |
Investment Objective & Strategy
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/entities. 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 achieved.
ℹ️ Detailed monthly stock-level holdings for this scheme are updated periodically from asset management company statutory disclosures.
Fund Size Position
Currently managing Rs 20,109 cr (AMFI Daily Fund AUM as of 2026-11-11). Positioned as comfortable relative to Mid Cap schemes.
Fund Management
Cost & Capital Gains Taxation
From April 2026 the total expense ratio includes brokerage, transaction costs and statutory levies on top of the base fee.
Equity-oriented schemes: 20% short-term capital gains tax if sold within 12 months; 12.5% long-term capital gains tax on gains exceeding ₹1.25 lakh per financial year when held for more than 12 months.
Closest Mid Cap Peers by Rank
| Scheme | Score | 3Y Return | Expense | Downside | Fund Size | Compare |
|---|---|---|---|---|---|---|
| Tata Mid Cap Fund | 4.1 | +13.17% | 1.99% | 86.1% | Rs 6,151 cr | Compare → |
| PGIM India Midcap Fund | 3.4 | +10.77% | 1.96% | 86.7% | Rs 10,968 cr | Compare → |
| LIC MF Mid Cap Fund | 2.9 | +13.62% | 3.07% | 105.1% | Rs 381 cr | Compare → |
| Taurus Mid Cap Fund | 1.4 | +10.27% | 2.79% | 98.2% | Rs 142 cr | Compare → |
| Mirae Asset Midcap Fund | 4.0 | +14.21% | 2.01% | 101.6% | Rs 20,093 cr | Compare → |
Frequently Asked Questions about DSP Midcap Fund
What is the expense ratio of DSP Midcap Fund?
DSP Midcap Fund has a total expense ratio (TER) of 1.73% with a base expense ratio of 1.41%, compared to the Mid Cap category median of 2.11%.
Who manages DSP Midcap Fund?
DSP Midcap Fund is managed by Vinit Sambre.
What are the historical returns of DSP Midcap Fund?
DSP Midcap Fund delivered a 3-year CAGR of 12.47% and a 5-year CAGR of 9.82%. Its 1-year return stands at +1.47%.
How large is DSP Midcap Fund?
DSP Midcap Fund manages assets of Rs 20,109 cr, placing it in the 'comfortable' size band relative to Mid Cap peers.
How is DSP Midcap Fund scored on MFIQ?
DSP Midcap Fund holds an MFIQ Score of 3.5/10 (Weak), based on a category percentile composite across returns, risk, consistency, and cost.
How risky is DSP Midcap Fund?
DSP Midcap Fund has an official SEBI riskometer rating of Very High. Over the analyzed period, its annualized standard deviation is 15.86% with a maximum historical drawdown of -65.68%.