DSP Mid Cap Fund
Mid Cap Fund- An open ended equity scheme predominantly investing in mid cap stocks
DSP Mid Cap Fund
Mid Cap Fund- An open ended equity scheme predominantly investing in mid cap stocks
Fund Manager

Vinit Sambre
Total work experience of 21 years.
Managing this Scheme since July 2012

Resham Jain
Total work experience of 12 years.
Managing this Scheme since March 2018

Jay Kothari (Dedicated Fund Manager for overseas investments)
Total work experience of 16 years.
Managing this Scheme since March 2018.

Inception date

Nov 14, 2006

Benchmark

Nifty Midcap 100 Index (TRI)

NAV
Regular Plan  
Growth: ₹ 61.522
Direct Plan  
Growth: ₹ 65.368
Total aum

₹ 8,407 Cr

Monthly average aum

₹ 8,366 Cr

Portfolio Turnover Ratio(Last 12 months):

0.17

3 Year Risk Statistics:
Standard Deviation : 22.10%
Beta : 0.79
R-Squared : 93.76%
Sharpe Ratio : -0.01
Month End Expense Ratio
Regular Plan : 1.85%
Direct Plan : 0.90%
Fund Category

Mid Cap

Tenure

13 Yr 11 Mn

Exit Load

Holding period <12 months: 1%
Holding period >=12 months: Nil

Data As On October 31, 2020

Name of Instrument% to Net Assets
EQUITY & EQUITY RELATED
Listed / awaiting listing on the stock exchanges
Pharmaceuticals 14.19
✔ IPCA Laboratories Limited 5.50
✔ Divi's Laboratories Limited 2.94
Alembic Pharmaceuticals Limited 2.53
Dr. Reddy's Laboratories Limited 1.79
Alkem Laboratories Limited 1.43
Industrial Products 12.40
✔ Supreme Industries Limited 3.75
AIA Engineering Limited 2.81
Bharat Forge Limited 2.08
SRF Limited 1.67
Finolex Cables Limited 1.12
Finolex Industries Limited 0.96
Finance 11.34
✔ Manappuram Finance Limited 3.62
✔ Cholamandalam Investment and Finance Company Limited 3.57
Max Financial Services Limited 2.37
SBI Life Insurance Company Limited 1.52
Repco Home Finance Limited 0.26
Consumer Durables 9.00
Voltas Limited 2.67
Bata India Limited 2.63
Sheela Foam Limited 1.85
V-Guard Industries Limited 1.03
Symphony Limited 0.82
Consumer Non Durables 6.92
Jubilant Foodworks Limited 2.64
Emami Limited 1.93
Hatsun Agro Product Limited 1.57
Dabur India Limited 0.78
Banks 6.29
City Union Bank Limited 2.69
HDFC Bank Limited 1.94
The Federal Bank Limited 1.66
Auto Ancillaries 5.88
✔ Balkrishna Industries Limited 3.60
Exide Industries Limited 2.28
Chemicals 5.20
✔ Atul Limited 3.39
Solar Industries India Limited 1.80
Software 4.76
✔ Infosys Limited 3.77
MindTree Limited 0.99
Fertilisers 3.45
✔ Coromandel International Limited 3.45
Cement 3.25
✔ The Ramco Cements Limited 3.25
Gas 2.01
Gujarat State Petronet Limited 2.01
Auto 1.82
Eicher Motors Limited 1.82
Industrial Capital Goods 1.66
Siemens Limited 1.66
Pesticides 1.20
Dhanuka Agritech Limited 0.75
PI Industries Limited 0.44
Construction 1.16
The Phoenix Mills Limited 1.16
Telecom - Equipment & Accessories 0.79
Sterlite Technologies Limited 0.79
Construction Project 0.66
Techno Electric & Engineering Company Limited 0.66
Textiles - Cotton 0.62
Vardhman Textiles Limited 0.62
Total 92.57
MONEY MARKET INSTRUMENTS
TREPS / Reverse Repo Investments / Corporate Debt Repo 7.60
Total 7.60
Cash & Cash Equivalent
Net Receivables/Payables -0.17
Total -0.17
GRAND TOTAL 100.00

as on 30th Oct'20

✔ Top Ten Holdings
Notes: 1.Classification of % of holdings based on Market Capitalisation: Large-Cap 17.65%, Mid-Cap 67.91%, Small-Cap 7.01%.
Large Cap: 1st -100th company in terms of full market capitalization Mid Cap: 101st -250th company in terms of full market capitalization Small Cap: 251st company onwards in terms of full market capitalization DSP Mid Cap Fund erstwhile known as DSP Small & Mid Cap Fund


Growth of Rs. 1 L invested at inception: 6.15 L

SIP Returns(In %)
10 yr 5 yr 3 yr SI*
14.57 9.148.4115.13
*SI - Since inception
Outperformed Benchmark TRI (calendar year) Nifty Midcap 100 TRI
79%


Rolling Return
  10 yr 5 yr 3 yr 1 yr
Minimum (%)10.6 3.1 -7.6 -60.4
Maximum (%)25.0 30.5 43.3 163.6
Average (%)16.6 16.9 17.0 18.6
% times negative returns-- -- 5.5 30.5
% of times returns are in
excess of 7%
100.0 94.2 81.5 59.0
Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns are for Regular Plan - Growth Option Click here for performance in SEBI prescribed format.

Large Cap: 1st -100th company in terms of full market capitalization
Mid Cap: 101st -250th company in terms of full market capitalization
Small Cap: 251st company onwards in terms of full market capitalization.
 
Positions Increased
Software
MindTree Limited
Banks
The Federal Bank Limited
City Union Bank Limited
Industrial Products
Supreme Industries Limited
Finolex Cables Limited
Consumer Durables
Symphony Limited
Voltas Limited
Fertilisers
Coromandel International Limited
Gas
Gujarat State Petronet Limited
 
Positions Decreased
Pesticides
Dhanuka Agritech Limited
Note: The above position change is compared to last month-end data.
Rebalances below 0.05 % are not considered.
Investment Objective

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. 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 realized.

Product Labelling

This Open Ended Equity Scheme is suitable for investors who are seeking*
• Long-term capital growth
• Investment in equity and equity-related securities predominantly of midcap companies

* Investors should consult their financial advisors if in doubt whether the product is suitable for them.