DSP Nifty Midcap 150 Index Fund

Benchmark: Nifty Midcap 150 TRI

5.32K people have invested in this fund

team 5.32K people have invested in this fund as of

Total AUM

₹14.47 crores
as of May 31, 2026

Age of Fund

6 months since Dec 11, 2025

Base Expense Ratio

0.84%
as of Jun 11, 2026

Exit Load

Nil

Ideal holding period

10 Years+

Indian (99.7%)

Large Cap	3.9%
Mid Cap	92.2%
Small Cap	3.6%

Holdings
Sectors

Holdings	Weight %
BSE Limited	4.2 %
Multi Commodity Exchange of India Limited	1.9 %
The Federal Bank Limited	1.8 %
Suzlon Energy Limited	1.7 %
GE Vernova T & D India Limited	1.6 %
Hero MotoCorp Limited	1.6 %
Bharat Heavy Electricals Limited	1.5 %
IndusInd Bank Limited	1.5 %
PB Fintech Limited	1.4 %
Indus Towers Limited	1.4 %
Persistent Systems Limited	1.4 %
AU Small Finance Bank Limited	1.4 %
Lupin Limited	1.4 %
Laurus Labs Limited	1.3 %
Bharat Forge Limited	1.3 %
Polycab India Limited	1.2 %
Coforge Limited	1.2 %
Hitachi Energy India Limited	1.2 %
Fortis Healthcare Limited	1.2 %
Dixon Technologies (India) Limited	1.2 %
IDFC First Bank Limited	1.2 %
One 97 Communications Limited	1.2 %
Ashok Leyland Limited	1.1 %
Max Financial Services Limited	1.1 %
ICICI Lombard General Insurance Company Limited	1.1 %
Marico Limited	1.1 %
Yes Bank Limited	1.0 %
Aurobindo Pharma Limited	1.0 %
SRF Limited	1.0 %
Vodafone Idea Limited	1.0 %
Hindustan Petroleum Corporation Limited	0.9 %
National Aluminium Company Limited	0.9 %
Info Edge (India) Limited	0.9 %
UPL Limited	0.9 %
GMR Airports Limited	0.9 %
FSN E-Commerce Ventures Limited	0.9 %
Swiggy Limited	0.9 %
Glenmark Pharmaceuticals Limited	0.9 %
Tube Investments of India Limited	0.8 %
APL Apollo Tubes Limited	0.8 %
The Phoenix Mills Limited	0.8 %
Alkem Laboratories Limited	0.8 %
KEI Industries Limited	0.8 %
JSW Energy Limited	0.8 %
Biocon Limited	0.8 %
NMDC Limited	0.8 %
MphasiS Limited	0.7 %
Aditya Birla Capital Limited	0.7 %
Waaree Energies Limited	0.7 %
Havells India Limited	0.7 %
Steel Authority of India Limited	0.7 %
Indian Bank	0.7 %
Sundaram Finance Limited	0.7 %
360 ONE WAM LIMITED	0.7 %
Voltas Limited	0.7 %
Radico Khaitan Limited	0.7 %
Torrent Power Limited	0.7 %
Colgate Palmolive (India) Limited	0.7 %
Mankind Pharma Limited	0.7 %
Godrej Properties Limited	0.7 %
Dabur India Limited	0.7 %
Oil India Limited	0.6 %
Vishal Mega Mart Limited	0.6 %
NHPC Limited	0.6 %
L & T Finance Limited	0.6 %
Page Industries Limited	0.6 %
MRF Limited	0.6 %
Oracle Financial Services Software Limited	0.6 %
Prestige Estates Projects Limited	0.6 %
Tata Communications Limited	0.6 %
Supreme Industries Limited	0.6 %
Lloyds Metals And Energy Limited	0.6 %
PI Industries Limited	0.6 %
Apar Industries Limited	0.6 %
Jindal Stainless Limited	0.5 %
JK Cement Limited	0.5 %
Adani Total Gas Limited	0.5 %
IPCA Laboratories Limited	0.5 %
Blue Star Limited	0.5 %
Coromandel International Limited	0.5 %
Mahindra & Mahindra Financial Services Limited	0.5 %
UNO Minda Limited	0.5 %
Petronet LNG Limited	0.5 %
Oberoi Realty Limited	0.5 %
ICICI Prudential Life Insurance Company Limited	0.5 %
Nippon Life India Asset Management Limited	0.5 %
Thermax Limited	0.5 %
Astral Limited	0.5 %
SBI Cards and Payment Services Limited	0.5 %
Life Insurance Corporation of India	0.5 %
Balkrishna Industries Limited	0.4 %
Exide Industries Limited	0.4 %
ITC Hotels Limited	0.4 %
AIA Engineering Limited	0.4 %
Bank of India	0.4 %
Schaeffler India Limited	0.4 %
Jubilant Foodworks Limited	0.4 %
Bank of Maharashtra	0.4 %
LIC Housing Finance Limited	0.4 %
Container Corporation of India Limited	0.4 %
Patanjali Foods Limited	0.4 %
Lenskart Solutions Limited	0.4 %
Gujarat Fluorochemicals Limited	0.4 %
Indian Railway Catering And Tourism Corporation Limited	0.4 %
Linde India Limited	0.4 %
Tata Elxsi Limited	0.4 %
Dalmia Bharat Limited	0.4 %
Rail Vikas Nigam Limited	0.4 %
Abbott India Limited	0.4 %
Berger Paints (I) Limited	0.4 %
Motilal Oswal Financial Services Limited	0.3 %
Kalyan Jewellers India Limited	0.3 %
LG Electronics India Limited	0.3 %
Apollo Tyres Limited	0.3 %
Premier Energies Limited	0.3 %
Authum Investment & Infrastructure Limited	0.3 %
Cochin Shipyard Limited	0.3 %
ICICI Prudential Asset Management Co Limited	0.3 %
KPIT Technologies Limited	0.3 %
Ajanta Pharma Limited	0.3 %
HDB Financial Services Limited	0.3 %
General Insurance Corporation of India	0.3 %
Billionbrains Garage Ventures Limited	0.3 %
Bharti Hexacom Limited	0.3 %
NLC India Limited	0.3 %
AWL Agri Business Limited	0.3 %
K.P.R. Mill Limited	0.3 %
Bharat Dynamics Limited	0.3 %
Indian Renewable Energy Development Agency Limited	0.3 %
Global Health Limited	0.3 %
Housing & Urban Development Corporation Limited	0.3 %
CRISIL Limited	0.2 %
Endurance Technologies Limited	0.2 %
United Breweries Limited	0.2 %
Escorts Kubota Limited	0.2 %
NTPC Green Energy Limited	0.2 %
Godfrey Phillips India Limited	0.2 %
L & T Technology Services Limited	0.2 %
3M India Limited	0.2 %
Bajaj Housing Finance Limited	0.2 %
GlaxoSmithKline Pharmaceuticals Limited	0.2 %
Tata Investment Corporation Limited	0.2 %
JSW Infrastructure Limited	0.2 %
ACC Limited	0.2 %
Honeywell Automation India Limited	0.2 %
Hexaware Technologies Limited	0.2 %
SJVN Limited	0.1 %
Godrej Industries Limited	0.1 %
Anthem Biosciences Limited	0.1 %
The New India Assurance Company Limited	0.1 %
View All Holdings	99.7 % 18.6 %

Sectors Weight %

Banks 8.4 %

The Federal Bank Limited 1.8 %

IndusInd Bank Limited 1.5 %

AU Small Finance Bank Limited 1.4 %

IDFC First Bank Limited 1.2 %

Yes Bank Limited 1.0 %

Indian Bank 0.7 %

Bank of India 0.4 %

Bank of Maharashtra 0.4 %

Pharmaceuticals & Biotechnology 8.3 %

Lupin Limited 1.4 %

Laurus Labs Limited 1.3 %

Aurobindo Pharma Limited 1.0 %

Glenmark Pharmaceuticals Limited 0.9 %

Alkem Laboratories Limited 0.8 %

Biocon Limited 0.8 %

Mankind Pharma Limited 0.7 %

IPCA Laboratories Limited 0.5 %

Abbott India Limited 0.4 %

Ajanta Pharma Limited 0.3 %

GlaxoSmithKline Pharmaceuticals Limited 0.2 %

Anthem Biosciences Limited 0.1 %

Capital Markets 8.2 %

BSE Limited 4.2 %

Multi Commodity Exchange of India Limited 1.9 %

360 ONE WAM LIMITED 0.7 %

Nippon Life India Asset Management Limited 0.5 %

Motilal Oswal Financial Services Limited 0.3 %

ICICI Prudential Asset Management Co Limited 0.3 %

Billionbrains Garage Ventures Limited 0.3 %

Electrical Equipment 8.1 %

Suzlon Energy Limited 1.7 %

GE Vernova T & D India Limited 1.6 %

Bharat Heavy Electricals Limited 1.5 %

Hitachi Energy India Limited 1.2 %

Waaree Energies Limited 0.7 %

Apar Industries Limited 0.6 %

Thermax Limited 0.5 %

Premier Energies Limited 0.3 %

Finance 5.2 %

Aditya Birla Capital Limited 0.7 %

Sundaram Finance Limited 0.7 %

L & T Finance Limited 0.6 %

Mahindra & Mahindra Financial Services Limited 0.5 %

SBI Cards and Payment Services Limited 0.5 %

LIC Housing Finance Limited 0.4 %

Authum Investment & Infrastructure Limited 0.3 %

HDB Financial Services Limited 0.3 %

Indian Renewable Energy Development Agency Limited 0.3 %

Housing & Urban Development Corporation Limited 0.3 %

CRISIL Limited 0.2 %

Bajaj Housing Finance Limited 0.2 %

Tata Investment Corporation Limited 0.2 %

Auto Components 5.1 %

Bharat Forge Limited 1.3 %

Tube Investments of India Limited 0.8 %

MRF Limited 0.6 %

UNO Minda Limited 0.5 %

Exide Industries Limited 0.4 %

Balkrishna Industries Limited 0.4 %

Schaeffler India Limited 0.4 %

Apollo Tyres Limited 0.3 %

Endurance Technologies Limited 0.2 %

IT - Software 4.8 %

Persistent Systems Limited 1.4 %

Coforge Limited 1.2 %

MphasiS Limited 0.7 %

Oracle Financial Services Software Limited 0.6 %

Tata Elxsi Limited 0.4 %

KPIT Technologies Limited 0.3 %

Hexaware Technologies Limited 0.2 %

Industrial Products 4.3 %

Polycab India Limited 1.2 %

APL Apollo Tubes Limited 0.8 %

KEI Industries Limited 0.8 %

Supreme Industries Limited 0.6 %

Astral Limited 0.5 %

AIA Engineering Limited 0.4 %

Consumer Durables 4.1 %

Dixon Technologies (India) Limited 1.2 %

Havells India Limited 0.7 %

Voltas Limited 0.7 %

Blue Star Limited 0.5 %

Berger Paints (I) Limited 0.4 %

Kalyan Jewellers India Limited 0.3 %

LG Electronics India Limited 0.3 %

Retailing 3.7 %

Info Edge (India) Limited 0.9 %

FSN E-Commerce Ventures Limited 0.9 %

Swiggy Limited 0.9 %

Vishal Mega Mart Limited 0.6 %

Lenskart Solutions Limited 0.4 %

View All Sectors Expand All

60.3 %

Equity includes Stocks, Domestic Fund of Funds and ETFs

Indian (0.3%)

Credit rating profile	Weight %
Cash & Equivalent	0.3 %

Instrument break-up	Weight %
TREPS	0.2 %

Holdings	Weight %
TREPS / Reverse Repo Investments	0.2 %
Cash & cash equivalents	0.1 %
	0.3 %

Indicators

Portfolio turnover ratio

0.1570 last 12 months

Tracking Error

0.14 %

Tracking Error (Abs.)

0.009 %

Total Expense Ratio

1.23 % as of Jun 11, 2026

View Top Group Holdings

Performance

Performance highlights over last

for

investment

Cumulative returns on

Annual returns

Current value

Min CAGR:

MedianCAGR:

Max CAGR:

Good Returns

Negative Returns

vs Category

vs Benchmark

Historical Returns (As per SEBI format)as of with investment of₹10,000

	This fund		Nifty Midcap 150 TRI ^{^}		NIFTY 50 TRI ^#		Tracking difference
	CAGR	Current Value	CAGR	Current Value	CAGR	Current Value

Income distribution Cum Capital Withdrawal (IDCW) Distributed

Record Date	Face Value	IDCW per unit	NAV Before	NAV After

Chart type

Graph viewTable view

Invested as

Invested Amount

₹

Invested since

This fund

Nifty Midcap 150 TRI

NIFTY 50 TRI

Gold

PPF

	Funds	Annual returns	Current Value	Absolute Growth	IDCW paid

Chart type:

Returns RangesStatistics

Invested Amount

₹

Rolling period

Funds	Minimum	Median	Maximum	% times -ve returns	% times returns > 7%

Date of allotment: Dec 11, 2025.

Period for which fund's performance has been provided is computed based on last day of the month-end preceding the date of advertisement

Different plans shall have a different expense structure. The performance details provided herein are of Regular Plan.

Since inception returns have been calculated from the date of allotment till June 30, 2021

Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments

Rolling returns have been calculated based on returns from regular plan growth option.

Pursuant to payments of Income Distribution cum Capital Withdrawal, the NAV of the IDCW option(s) of Schemes would fall to the extent of payout, and statutory levy, if any.

^ Fund Benchmark # Additional Benchmark

Scheme disclaimers

Fund Details

Things to know before you invest

What is in DSP Nifty Midcap 150 Index Fund?

This is an index fund that replicates the Nifty Midcap 150 Index - same stocks, same weights.
By matching the Nifty Midcap 150 Index, it allows you to invest in midcap companies.
The portfolio is rebalanced semi-annually to adjust for any stock additions or subtractions to the Index.

Why should one invest in DSP Nifty Midcap 150 Index Fund?

The Nifty Midcap 150 includes companies that are beyond the early-stage smallcap phase but have strong potential to grow into tomorrow's large caps.
Midcaps often operate in emerging industries or niche segments that benefit from structural domestic growth trends.
Relatively low-cost, with a comparatively lower expense ratio than active mid-cap funds.
Can help you beat the impact of rising prices over the long-term.
Since the fund only replicates an index & does not have an 'active' fund manager, it carries no human decision-making bias.
With market leadership gradually shifting beyond the top 100 companies, the Nifty Midcap 150 allows investors to capture this expansion of market opportunity.

Who should invest in DSP Nifty Midcap 150 Index Fund?

Consider this fund if you
- Want exposure to India's fast-growing mid-sized companies in a single, diversified fund.
- Seek long-term wealth creation potential and are comfortable with higher volatility along the way.
- Prefer low-cost, rules-based passive investing over high-fee active midcap strategies.
- Can stay invested for 7-10 years or more, allowing time for midcaps to recover from temporary market corrections.
- Understand that midcaps carry higher risks?sharper drawdowns and longer recovery periods than large caps.
- Do not chase recent performance but instead believe in disciplined long-term investing in the midcap segment.

Rethink before you invest

DSP Nifty Midcap 150 Index Fund or ETF carries Very High Risk. Midcaps can experience sharper rises and deeper falls than large caps.
Expect significant short-term volatility, especially during periods of market stress. Midcap segments typically correct faster and take longer to recover.
Even though the fund invests in an Index, it is fully exposed to equity and midcap-specific risks. Temporary periods of steep drawdowns are possible.
Returns may be slightly lower than the index due to expense ratio, cash holdings, and tracking error.
Not suitable for short-term investors. Midcap investing works best over long horizons (7-10+ years) where volatility smoothens out.

Fund managers:

Anil Ghelani, CFA

Total work experience of 28 years. Managing this fund since November 2025.

arrow_forwardView funds managed

Total work experience of 28 years. Managing this fund since November 2025.

arrow_forwardView funds managed

Diipesh Shah

Total work experience of 24 years. Managing this fund since November 2025.

arrow_forwardView funds managed

Total work experience of 24 years. Managing this fund since November 2025.

arrow_forwardView funds managed

Neha Rathi

Total work experience of 7 years. Managing this fund since May 2026

arrow_forwardView funds managed

Total work experience of 7 years. Managing this fund since May 2026

arrow_forwardView funds managed

Anil has been working with the DSP Group since 2003. The DSP Group has a legacy of more than 160 years, making it one of the oldest and most respected financial services firms in India. He is currently the Head of Passive Investments & Products, managing a range of ETFs and Index Funds across asset classes. Previously, he served as the CEO & Chief Investment Officer at DSP Pension Fund Managers. Earlier in his career at DSP, he led the Risk and Quantitative Analysis team, providing quantitative research inputs and buy-side credit research on companies across various sectors. Prior to joining DSP, Anil worked at IL&FS Asset Management Company and at S.R. Batliboi, a member firm of EY.
Anil has been a volunteer with the CFA Society India for more than a decade and has served as Vice Chairman on the board.

Sr. No.	Scheme Name	Managing since	Period
Period for which fund's performance has been provided is computed based on last day of the month-end preceding the date of advertisement Different plans shall have a different expense structure. The performance details provided herein are of regular plan. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments

Sr. No.

Scheme Name

Managing since

Period

1 Years

3 Years

5 Years

Scheme return (%)

Benchmark return (%)

Scheme return (%)

Benchmark return (%)

Scheme return (%)

Benchmark return (%)

Period for which fund's performance has been provided is computed based on last day of the month-end preceding the date of advertisement

Different plans shall have a different expense structure. The performance details provided herein are of regular plan.

Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments

Diipesh has a total work experience of over 20 years. He has been working with DSP since September 2019 as a Dealer for ETF and Passive Investments. He is now also the Fund Manager of various schemes of DSP Mutual Fund. Diipesh has also worked with JM Financial Institutional Broking Limited, Centrum Broking Limited, IDFC Securities Limited, and Kotak Securities Limited in Institutional Equity Sales Trading. He is a Chartered Accountant (ICAI, India) and also holds a Bachelor of Commerce degree.

Sr. No.	Scheme Name	Managing since	Period
Period for which fund's performance has been provided is computed based on last day of the month-end preceding the date of advertisement Different plans shall have a different expense structure. The performance details provided herein are of regular plan. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments

Sr. No.

Scheme Name

Managing since

Period

1 Years

3 Years

5 Years

Scheme return (%)

Benchmark return (%)

Scheme return (%)

Benchmark return (%)

Scheme return (%)

Benchmark return (%)

Period for which fund's performance has been provided is computed based on last day of the month-end preceding the date of advertisement

Different plans shall have a different expense structure. The performance details provided herein are of regular plan.

Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments

Neha has a total work experience of over 8 years. She has been working with DSP since January 2024 as a Dealer for ETF and Passive Investments. She is now also the Fund Manager of various schemes of DSP Mutual Fund. Neha has previously worked with ICICI Prudential AMC, Aditya Birla AMC. She is a Chartered Accountant (ICAI, India) and also holds a Bachelor of Commerce degree.

Sr. No.	Scheme Name	Managing since	Period
Period for which fund's performance has been provided is computed based on last day of the month-end preceding the date of advertisement Different plans shall have a different expense structure. The performance details provided herein are of regular plan. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments

Sr. No.

Scheme Name

Managing since

Period

1 Years

3 Years

5 Years

Scheme return (%)

Benchmark return (%)

Scheme return (%)

Benchmark return (%)

Scheme return (%)

Benchmark return (%)

Period for which fund's performance has been provided is computed based on last day of the month-end preceding the date of advertisement

Different plans shall have a different expense structure. The performance details provided herein are of regular plan.

Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments

Investment Objective

The investment objective of the Scheme is to generate returns that are commensurate with the performance of the Nifty Midcap 150 Index, subject to tracking error.
There is no assurance that the investment objective of the Scheme will be achieved.

Fund Type

Index Fund

An open ended scheme replicating / tracking Nifty Midcap 150 Index

Riskometer

Level of Risk in the fund

View details

Minimum Investment

Lumpsum ₹ 100
SIP ₹ 100 (12 instalments)
Additional purchase ₹ 100

Tax Implications (Applies to redemptions or transfers made on or after April 1, 2025)

Taxation category - Equity Oriented Fund Sub Category - Equity Schemes

Holding period	Capital gain type	Applicable tax rate
More than 12 months	Long term	12.5 %
12 months or less	Short term	20 %

Mutual fund taxation is based on the fund's taxation category, sub-category, and holding period. The applicable tax rates are subject to prevailing tax laws, including surcharges, cess, and exemptions. Please consult a tax advisor for personalized guidance. View detailed tax guide

Transaction timelines

Purchase (including SIP) Redemption (including SWP) Switch-out (including STP-out) Switch-in (including STP-in)

NAV You Get	Cut-off Time	Processing Timeline
Same-day NAV (if money is received before cut-off)	3:00 PM (business days)	Units added to your folio on T+1 days (if money is received before cut-off).

NAV You Get	Cut-off Time	Processing Timeline
Same-day NAV (if request is placed before cut-off)	3:00 PM (business days)	Redemption processed on T+1 business days. Money credited to your bank account by T+2 business days.

NAV You Get	Cut-off Time	Processing Timeline
Same-day NAV (if request is placed before cut-off)	3:00 PM (business days)	Switch-out processed on T+2 business days

NAV You Get	Cut-off Time	Processing Timeline
NAV of this scheme	3:00 PM (business days)	Units added on T+1 business days after the switch-out from the source scheme.

NAV You Get	Cut-off Time	Processing Timeline
NA	NA	Money credited instantly.

Requests after cut-off are processed using next business day's NAV.
Business days: Monday to Friday (excluding public holidays).
No transactions are processed on weekends or public holidays. Click here to view the list of Non-Business Days.
T+1, T+3, T+5 refer to 1 / 3 / 5 working days after the transaction day.
Kindly note that the processing timeline for Switch-In transactions is governed by the TAT of the respective Switch-Out scheme. Hence the Switch-Out TAT should be referred to for estimating the Switch-In timeline.