DSP Nifty Midcap 150 Quality 50 Index Fund
Mid Cap IndexVery HighOPEN-ENDED
- NAV as on 6 Nov 2026
- ₹13.87-0.55%1 day
- Return since launch
- 7.9%
- 52-week range
- ₹12.38 — ₹14.95
- AUM
- ₹398 Cr
DSP Nifty Midcap 150 Quality 50 Index Fund is a Mid Cap Index equity fund from DSP Mutual Fund with ₹398 Cr under management, launched in 2022. Over three years it has returned 0.7% a year, against 12.5% for its category. The expense ratio is 1.08% and the SEBI riskometer reading is Very High.
Performance
DSP Nifty Midcap 150 Quality 50 Index Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned -3.1% against -1.0% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | -2.4% | −2.9 pts | 0.5% | 0.4% |
| 2Y | -1.1% | −4.5 pts | 3.4% | 3.2% |
| 3Y | 0.7% | −11.8 pts | 12.5% | 4.8% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 1.1% | −0.7 pts | 1.8% | 3.1% |
| 3M | -6.5% | −2.4 pts | -4.1% | -5.1% |
| 6M | -3.3% | −1.1 pts | -2.2% | -1.1% |
| 1Y | -3.1% | −3.7 pts | 0.5% | -1.5% |
| 2Y | -3.4% | −3.9 pts | 0.6% | 2.2% |
| 3Y | 7.4% | −5.1 pts | 12.5% | 13.0% |
Since launch (18 Jul 2022): 7.9%
Calendar-year returns
Category average27.7%
18.9%
-1.4%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | -1.4% | −4.7 pts | 3.3% |
| 2024 | 18.9% | −5.3 pts | 24.1% |
| 2023 | 27.7% | −15.1 pts | 42.8% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
1.06%
Expense ratio as on 6 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.80%
- Brokerage
- 0.02%
- Transaction charges
- 0.00%
- Statutory levies
- 0.24%
- Exit load
- 0%
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY Midcap150 Quality 50 TRI
- Short-term capital gains
- Returns taxed at 20% if you redeem before 1 year
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Very High
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | -3.11 | -0.49 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 1.07 | 1.00 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.14 | 0.45 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.18 | 0.61 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 17.69 | 18.64 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
DSP Nifty Midcap 150 Quality 50 Index Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Equity99.8%
- Other0.2%
Market cap split
- Large10.6%
- Mid83.3%
- Small6.1%
- P/E
- 29.37
- P/B
- 5.61
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Dixon Technologies (India) Ltd. | Capital Goods | 4.56% | ₹18.11 Cr | +3.95% | +3.43% | +3.37% |
| Colgate-Palmolive (India) Ltd. | Consumer Staples | 4.29% | ₹17.07 Cr | +4.63% | +4.41% | +4.68% |
| BSE Ltd. | Services | 4.23% | ₹16.83 Cr | +5.04% | — | — |
| Hero Motocorp Ltd. | Automobile | 3.90% | ₹15.49 Cr | +3.39% | +3.87% | — |
| Marico Ltd. | Consumer Staples | 3.60% | ₹14.33 Cr | +3.65% | +3.80% | +3.24% |
| Persistent Systems Ltd. | Technology | 3.44% | ₹13.70 Cr | +2.69% | +3.14% | +2.66% |
| Page Industries Ltd. | Textiles | 2.90% | ₹11.55 Cr | +3.14% | +2.84% | +2.57% |
| Polycab India Ltd. | Capital Goods | 2.61% | ₹10.39 Cr | +3.09% | +2.76% | +2.81% |
| Glaxosmithkline Pharmaceuticals Ltd. | Healthcare | 2.55% | ₹10.14 Cr | +2.15% | +2.20% | +1.80% |
| Oracle Financial Services Software Ltd. | Technology | 2.49% | ₹9.91 Cr | +2.41% | +2.00% | +2.02% |
| Coforge Ltd. | Technology | 2.43% | ₹9.67 Cr | +1.94% | +1.75% | +2.72% |
| APL Apollo Tubes Ltd. | Metals & Mining | 2.33% | ₹9.26 Cr | +1.81% | +2.14% | +1.97% |
| Nippon Life India Asset Management Ltd. | Financial | 2.29% | ₹9.11 Cr | +2.37% | +2.11% | +2.00% |
| Abbott India Ltd. | Healthcare | 2.17% | ₹8.62 Cr | +1.93% | +2.12% | +1.99% |
| Alkem Laboratories Ltd. | Healthcare | 2.09% | ₹8.32 Cr | +2.15% | +2.36% | +2.13% |
| NMDC Ltd. | Metals & Mining | 2.05% | ₹8.14 Cr | +2.17% | +2.26% | +2.31% |
| Apar Industries Ltd. | Consumer Staples | 2.02% | ₹8.03 Cr | +1.74% | +1.73% | +1.64% |
| Hitachi Energy India Ltd. | Capital Goods | 1.99% | ₹7.90 Cr | +2.16% | — | — |
| Mphasis Ltd. | Technology | 1.98% | ₹7.88 Cr | +1.89% | +1.76% | +1.78% |
| Petronet LNG Ltd. | Energy | 1.90% | ₹7.56 Cr | +1.79% | +1.88% | +1.74% |
| Ajanta Pharma Ltd. | Healthcare | 1.88% | ₹7.47 Cr | +1.69% | +1.76% | +1.34% |
| Havells India Ltd. | Capital Goods | 1.88% | ₹7.49 Cr | +2.05% | — | — |
| Sundaram Finance Ltd. | Financial | 1.84% | ₹7.31 Cr | +1.81% | — | — |
| 360 One Wam Ltd. | Financial | 1.80% | ₹7.16 Cr | +1.79% | +1.65% | +1.81% |
| Kei Industries Ltd. | Capital Goods | 1.79% | ₹7.12 Cr | +2.08% | +2.05% | +2.04% |
| Indian Bank | Financial | 1.75% | ₹6.97 Cr | +1.69% | — | — |
| Indian Railway Catering And Tourism Corporation Ltd. | Services | 1.75% | ₹6.97 Cr | +1.84% | +1.65% | +2.56% |
| Dabur India Ltd. | Consumer Staples | 1.69% | ₹6.73 Cr | +1.79% | — | — |
| Supreme Industries Ltd. | Materials | 1.69% | ₹6.71 Cr | +1.47% | +2.15% | +1.78% |
| Coromandel International Ltd. | Chemicals | 1.65% | ₹6.55 Cr | +1.79% | +1.83% | +1.93% |
| Bank of Maharashtra | Financial | 1.64% | ₹6.50 Cr | +1.79% | +1.67% | — |
| Voltas Ltd. | Consumer Discretionary | 1.63% | ₹6.49 Cr | +1.85% | — | — |
| PI Industries Ltd. | Chemicals | 1.57% | ₹6.23 Cr | +1.65% | +1.91% | +2.00% |
| Schaeffler India Ltd. | Capital Goods | 1.57% | ₹6.25 Cr | +1.61% | +1.71% | +1.64% |
| Motilal Oswal Financial Services Ltd. | Financial | 1.55% | ₹6.18 Cr | +1.42% | +0.99% | +2.00% |
| Crisil Ltd. | Services | 1.54% | ₹6.12 Cr | +1.34% | +1.39% | +1.35% |
| Astral Ltd. | Materials | 1.39% | ₹5.55 Cr | +1.29% | +1.93% | +1.46% |
| Tata Elxsi Ltd. | Technology | 1.39% | ₹5.54 Cr | +1.64% | +1.70% | +2.03% |
| Balkrishna Industries Ltd. | Automobile | 1.37% | ₹5.43 Cr | +1.34% | +1.47% | +1.38% |
| Berger Paints India Ltd. | Materials | 1.36% | ₹5.40 Cr | +1.45% | +1.35% | +1.48% |
| 3M India Ltd. | Consumer Staples | 1.26% | ₹5.03 Cr | +1.23% | +1.27% | +1.44% |
| Tube Investments Of India Ltd. | Automobile | 1.25% | ₹4.96 Cr | +1.51% | +1.63% | +2.09% |
| AIA Engineering Ltd. | Metals & Mining | 1.24% | ₹4.94 Cr | +1.55% | +1.46% | +1.24% |
| K.P.R. Mill Ltd. | Textiles | 1.24% | ₹4.94 Cr | +1.26% | +1.20% | +1.14% |
| L&T Technology Services Ltd. | Technology | 1.22% | ₹4.84 Cr | +1.13% | +1.13% | +1.44% |
| Godfrey Phillips India Ltd. | Consumer Staples | 1.10% | ₹4.37 Cr | +1.20% | +1.07% | — |
| Endurance Technologies Ltd. | Automobile | 1.06% | ₹4.21 Cr | +1.01% | — | — |
| KPIT Technologies Ltd. | Technology | 1.05% | ₹4.18 Cr | +1.35% | +1.11% | +1.87% |
| Bharat Dynamics Ltd. | Capital Goods | 0.97% | ₹3.86 Cr | +1.14% | +1.02% | +1.27% |
| Honeywell Automation India Ltd. | Capital Goods | 0.90% | ₹3.59 Cr | +1.02% | +0.88% | +0.95% |
| Others | Others | 0.16% | ₹0.56 Cr | -0.68% | -0.48% | -0.98% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Kei Industries Ltd. | 2.13% | 1.79% | -0.34% |
| Abbott India Ltd. | 1.90% | 2.17% | +0.27% |
| Page Industries Ltd. | 2.63% | 2.90% | +0.27% |
| Havells India Ltd. | 2.13% | 1.88% | -0.25% |
| Polycab India Ltd. | 2.83% | 2.61% | -0.22% |
| Oracle Financial Services Software Ltd. | 2.71% | 2.49% | -0.22% |
| Dixon Technologies (India) Ltd. | 4.76% | 4.56% | -0.20% |
| Ajanta Pharma Ltd. | 1.72% | 1.88% | +0.16% |
| Hero Motocorp Ltd. | 3.74% | 3.90% | +0.16% |
| APL Apollo Tubes Ltd. | 2.18% | 2.33% | +0.15% |
| Others | 0.09% | -0.05% | -0.14% |
| NMDC Ltd. | 2.18% | 2.05% | -0.13% |
| Dabur India Ltd. | 1.56% | 1.69% | +0.13% |
| Marico Ltd. | 3.47% | 3.60% | +0.13% |
| Apar Industries Ltd. | 1.90% | 2.02% | +0.12% |
| Coforge Ltd. | 2.54% | 2.43% | -0.11% |
| Tata Elxsi Ltd. | 1.49% | 1.39% | -0.10% |
| Tube Investments Of India Ltd. | 1.35% | 1.25% | -0.10% |
| Alkem Laboratories Ltd. | 1.99% | 2.09% | +0.10% |
| BSE Ltd. | 4.14% | 4.23% | +0.09% |
| PI Industries Ltd. | 1.48% | 1.57% | +0.09% |
| 360 One Wam Ltd. | 1.89% | 1.80% | -0.09% |
| KPIT Technologies Ltd. | 1.14% | 1.05% | -0.09% |
| Mphasis Ltd. | 2.06% | 1.98% | -0.08% |
| Schaeffler India Ltd. | 1.49% | 1.57% | +0.08% |
| Bank of Maharashtra | 1.56% | 1.64% | +0.08% |
| Supreme Industries Ltd. | 1.61% | 1.69% | +0.08% |
| Sundaram Finance Ltd. | 1.77% | 1.84% | +0.07% |
| Persistent Systems Ltd. | 3.37% | 3.44% | +0.07% |
| Bharat Dynamics Ltd. | 1.03% | 0.97% | -0.06% |
| 3M India Ltd. | 1.21% | 1.26% | +0.05% |
| Indian Bank | 1.80% | 1.75% | -0.05% |
| Motilal Oswal Financial Services Ltd. | 1.50% | 1.55% | +0.05% |
| Voltas Ltd. | 1.68% | 1.63% | -0.05% |
| Petronet LNG Ltd. | 1.85% | 1.90% | +0.05% |
| Astral Ltd. | 1.43% | 1.39% | -0.04% |
| Glaxosmithkline Pharmaceuticals Ltd. | 2.59% | 2.55% | -0.04% |
| Indian Railway Catering And Tourism Corporation Ltd. | 1.71% | 1.75% | +0.04% |
| Colgate-Palmolive (India) Ltd. | 4.26% | 4.29% | +0.03% |
| Hitachi Energy India Ltd. | 2.02% | 1.99% | -0.03% |
| L&T Technology Services Ltd. | 1.25% | 1.22% | -0.03% |
| Godfrey Phillips India Ltd. | 1.13% | 1.10% | -0.03% |
| AIA Engineering Ltd. | 1.26% | 1.24% | -0.02% |
| Honeywell Automation India Ltd. | 0.88% | 0.90% | +0.02% |
| K.P.R. Mill Ltd. | 1.22% | 1.24% | +0.02% |
| Nippon Life India Asset Management Ltd. | 2.31% | 2.29% | -0.02% |
| Balkrishna Industries Ltd. | 1.36% | 1.37% | +0.01% |
| Berger Paints India Ltd. | 1.37% | 1.36% | -0.01% |
| Endurance Technologies Ltd. | 1.05% | 1.06% | +0.01% |
| Coromandel International Ltd. | 1.65% | 1.65% | 0.00% |
| Crisil Ltd. | 1.54% | 1.54% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹1,822 Cr | 1.03% | 1.6% | 6.0% | 13.2% |
 Motilal Oswal Nifty Midcap 150 Index Fund | ₹3,995 Cr | 1.12% | 1.1% | 5.7% | 13.1% |
 Nippon India Nifty Midcap 150 Index Fund | ₹2,675 Cr | 0.93% | 1.3% | 5.8% | 13.2% |
 SBI Nifty Midcap 150 Index Fund | ₹1,240 Cr | 0.91% | 1.4% | 5.8% | — |
 Axis Nifty Midcap 50 Index Fund | ₹732 Cr | 1.15% | 2.9% | 7.2% | — |
 Aditya Birla Sun Life Nifty Midcap 150 Index Fund | ₹469 Cr | 1.03% | 1.1% | 5.7% | 13.2% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to generate returns that are commensurate with the performance of the Nifty Midcap 150 Quality 50 Index, subject to tracking error.
Fund managers
- Anil GhelaniMr. Ghelani has done B. Com., CFA & CAPrior to joining DSP Mutual Fund he has worked with IL&FS, S. R. Batliboi, V. C. Shah & Co.
- Diipesh ShahMr. Shah is a B Com, ACA, Candidate of the CFA Program, CFA Institute USA, Level I ClearedPrior to joining DSP Mutual Fund, he has worked with JM Financial, Centrum Broking, IDFC Securities, ICICI Securities and IIFL Capital Pte Ltd Singapore.
- Ravi GehaniMr. Gehani has done B.Com and MMS- Finance.Prior to joining DSP Mutual Fund, he has worked with Muthoot Exim Pvt Ltd., Bullion Price Risk, Products and Operations, S-Ancial Global Solutions Pvt Ltd. and Latin Manharlal Commodities Pvt Ltd.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months−3.30% absolute | ₹60,000 | ₹58,020 | −3.30% | |
| 1 year−3.14% annualised | ₹1,20,000 | ₹1,17,978 | −1.68% | |
| 3 years7.38% annualised | ₹3,60,000 | ₹4,04,058 | 12.24% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of DSP Nifty Midcap 150 Quality 50 Index Fund?
The NAV of DSP Nifty Midcap 150 Quality 50 Index Fund is ₹13.87 as on 6 Nov 2026.
What is the expense ratio of DSP Nifty Midcap 150 Quality 50 Index Fund?
The expense ratio of DSP Nifty Midcap 150 Quality 50 Index Fund is 1.08% per year.
What is the minimum SIP amount for DSP Nifty Midcap 150 Quality 50 Index Fund?
You can start a SIP in DSP Nifty Midcap 150 Quality 50 Index Fund with ₹3,000 a month.
Is there a lock-in or exit load on DSP Nifty Midcap 150 Quality 50 Index Fund?
Lock-in: None. Exit load: 0%.
How risky is DSP Nifty Midcap 150 Quality 50 Index Fund?
DSP Nifty Midcap 150 Quality 50 Index Fund is rated Very High on the SEBI riskometer and belongs to the Mid Cap Index category.
Which fund house manages DSP Nifty Midcap 150 Quality 50 Index Fund?
DSP Nifty Midcap 150 Quality 50 Index Fund is managed by DSP Mutual Fund, which runs 60 schemes with ₹2,47,696 Cr under management.