DSP Mutual Fund has launched a new passive equity scheme — DSP Nifty Midcap 150 Index Fund, open for subscription from 24th November to 8th December 2025. This NFO aims to track the Nifty Midcap 150 Index, offering broad-based exposure to high-growth mid cap companies.
With a very high-risk profile and long-term wealth creation potential, the fund may appeal to investors seeking mid cap participation through a low-cost index structure.
Key NFO Details
| Detail | Information |
| Fund Name | DSP Nifty Midcap 150 Index Fund |
| NFO Period | 24 Nov 2025 to 8 Dec 2025 |
| Allotment Date | 12 Dec 2025 |
| Category | Equity – Mid Cap Index |
| Risk Level | Very High |
| Fund Type | Open-ended |
| Benchmark | Nifty Midcap 150 Index |
| Minimum Investment | ₹10,000 (lumpsum), ₹3,000 (SIP) |
| Exit Load | 0% |
| Short-term capital gains (STCG) | Returns are 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% |
Investment Objective
The scheme seeks to generate returns that are aligned with the performance of the Nifty Midcap 150 Index, subject to tracking error. The index represents the mid cap segment of the market and includes companies with strong growth potential.
How Does This Compare with the Category?
| Time Period | Category Avg. Returns (CAGR) |
| 1 Year | 13.08% |
| 2 Years | 10.92% |
| 3 Years | 19.15% |
| 4 Years | 20.31% |
| 5 Years | 20.61% |
| 7 Years | 22.75% |
| 10 Years | 19.13% |
Mid caps have historically delivered robust returns over longer periods but come with higher volatility.
Top Performing Funds in This Category
| Fund Name | Fund Size | Returns |
| Motilal Oswal Nifty Midcap 150 Index Fund | ₹2,817 Cr | 24% p.a. (5Y) |
| HDFC NIFTY Midcap 150 Index Fund | ₹437 Cr | 27% p.a. (Since Inception) |
| SBI Nifty Midcap 150 Index Fund | ₹928 Cr | 22% p.a. (Since Inception) |
These funds provide context on how well mid-cap index funds have performed historically.
Should You Invest in This NFO?
You may consider this NFO if:
• You want diversified mid-cap market exposure through a passive strategy.
• You are comfortable with very high risk and short-term fluctuations.
• You aim for long-term growth in your equity portfolio.
This offering may suit investors who prefer index-based investing and can stay invested through market cycles.
About DSP Mutual Fund
DSP Mutual Fund manages ₹2,12,960 Cr AUM (as of Sept 30, 2025) across 54 schemes.
Fund Managers
- Anil Ghelani
- Diipesh Shah
DSP Fund House Details
| Detail | Information |
| No. of Schemes | 54 |
| Total AUM | ₹2,12,960 Cr |
| Address | The Ruby, 25th Floor, 29 Senapati Bapat Marg, Dadar (West), Mumbai – 400028 |
| Phone | +91 22 6657 8000 |
More Funds from DSP Mutual Fund
| Fund Name | AUM | 1Y | 5Y |
| DSP India T.I.G.E.R. Fund | ₹5,506 Cr | -1.84% | 29.48% |
| DSP Small Cap Fund | ₹16,868 Cr | 0.96% | 24.31% |
| DSP Natural Resources and New Energy Fund | ₹1,474 Cr | 6.37% | 23.22% |
| DSP ELSS Tax Saver Fund | ₹17,241 Cr | 4.98% | 21.02% |
| DSP Large & Mid Cap Fund | ₹16,530 Cr | 4.41% | 20.31% |
| DSP Nifty 50 Equal Weight Index Fund | ₹2,391 Cr | 10.26% | 19.98% |
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- Kotak Nifty500 Momentum 50 Index Fund NFO: A Factor-Investing Opportunity for 2025
- Mirae Asset Infrastructure Fund NFO: A Sector-Focused Bet on India’s Growth
- Samco Small Cap Fund NFO: Investing in India’s Emerging Growth Stories
Final Thoughts
The DSP Nifty Midcap 150 Index Fund NFO offers a structured and low-cost way to participate in India’s mid cap growth story. With strong long-term return potential and higher volatility, it may fit well in the portfolio of investors seeking growth and diversification.
Always review your investment horizon and risk tolerance before making a decision.
For a seamless and guided investing experience, consider investing in mutual funds with Torus Digital.
