Fund Review: DSP BlackRock Midcap Fund Growth
As per SEBI, Mid cap funds are the type of mutual fund schemes that invest majorly in the stocks of companies that rank between 101-250 as per the market capitalization. These are the companies that are in their emerging phase and expected to become large-caps in the near future.
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DSP BlackRock Mutual Fund is one of the most popular fund houses of India. This AMC has launched a great number of top performing schemes over the years and has helped lakhs of investors in achieving their financial goals. Today, we are going to discuss one of the top-performing scheme from this fund house, by investing in which you can enjoy great long-term growth, and that scheme is DSP BlackRock Midcap Fund.
Who Should Invest in DSP BlackRock Mid Cap Fund (G)?
Suitable for investors who:
- Have a moderately high risk appetite.
- Are looking for an investment horizon of more than 5 years.
- Are comfortable with aggressive investment style.
- Don’t get easily panicked during the market volatility.
- Are looking for a long-term investment for the purpose of wealth creation.
Overview of DSP BlackRock Mid-cap Fund Growth Plan
| Description | Details |
|---|---|
| Launch Date | 14-Nov-06 |
| NAV (as on Aug 17, 2018) | Rs 55.95 |
| AUM (as on Jul 31, 2018) | Rs 5,676 Cr. |
| Expense Ratio (as on Jul 31, 2018) | 2.19% |
| Exit Load | 1% (Redeemed before 365 days) |
| Minimum Investment | Rs 1000 |
| Minimum SIP Investment | Rs 500 |
The above table show the basic details of DSP BlackRock Midcap Fund, which you will need if you are planning on making an investment in this scheme.
Performance Analysis of DSP BR Midcap Fund
| Description | Returns (as on Aug 17, 2018) | ||
|---|---|---|---|
| 3 Years | 5 Years | 10 Years | |
| DSP BlackRock Midcap Fund (G) | 13.17% | 29.34% | 18.39% |
| Benchmark (NIFTY Midcap 100 TRI) | 12.94% | 24.97% | 14.31% |
| Category | 10.60% | 27.40% | 16.04% |
With the help of the above table, you can see that DSP BlackRock Midcap Fund (G) has outperformed both, benchmark as well as the category, at all occasions, which shows that how good the investment strategy of the fund manager is, and how good he is at handling the scheme during variable market conditions.
Portfolio Analysis of DSP BlackRock Mid-cap Fund
DSP BlackRock Midcap Fund’s major investment in finance, chemicals, healthcare, engineering, and construction plays a great role in increasing the returns provided by this scheme, as all of these are core equity sectors and show a speedy recovery after a fall.
The top holdings of DSP BlackRock Midcap Fund (G) include companies such as Exide Industries, RBL Bank, Sterlite Technologies, Edelweiss Financial Services, and Manappuram Finance. All these are big equity players, and have made their name in the list of top equity gainers several times till now.
Risk Analysis of DSP BlackRock Midcap Fund
| Description | S.D | Sharpe | Beta | Alpha |
|---|---|---|---|---|
| Fund | 17.08 | 0.41 | 0.98 | -1.47 |
| Benchmark | 17.08 | 0.4 | 1 | - |
| Category | 16.33 | 0.26 | 0.91 | -3.91 |
During volatility, the schemes follow fewer ups and downs as compared to the benchmark but act a bit more volatile in comparison to its respective category. The risk to return ratio is higher than both its benchmark and category, which means the reward for the risk you take is higher than both.
- 100% Paperless
- No Transaction Charges
- Easy to Invest
- Safe & Secure
Other Best Mid Cap Funds to Invest in 2018
Mentioned above is all the basic details that you will need about DSP BlackRock Mid Cap Fund. Now, let’s have a look at some other top-notch mid cap schemes that are as good as this fund.
| Name | AUM (As on Jul 31, 2018) | Returns (As on Aug 17, 2018) | ||
|---|---|---|---|---|
| 3 Years | 5 Years | 10 Years | ||
| L&T Midcap Fund (G) | Rs 3600 Cr. | 15.60% | 31.19% | 18.19% |
| ICICI Prudential Midcap Fund (G) | Rs 1535 Cr. | 9.31% | 28.64% | 13.99% |
| Kotak Emerging Equity Scheme (G) | Rs 3327 Cr. | 13.05% | 30.72% | 15.60% |
| Sundaram Mid Cap Fund (G) | Rs 6138 Cr. | 11.01% | 28.08% | 18.10% |
With this, we, the experts at MySIPonline, end our discussion for today. Remember that starting a SIP is a better option to invest in this scheme as with this mode you can easily sail through the market volatility with the help of “Rupee Cost Averaging.” So, don’t wait for more and start your investments today, to enjoy the maximum benefits of this scheme. For more details on the fund, you can easily reach out to us via phone call, email, or live chat option.
Recommended Reads:
To know about other top-performing mid cap schemes you can read our blog on: 5 Best Mid Cap Funds to Invest in 2018
Best Funds
| Top funds | 1M Return | 6M Return | 1Y Return | 3Y Return | 5Y Return |
|
|
|---|---|---|---|---|---|---|---|
| ICICI Prudential MidCap Fund - Growth | 0.27% | 22.8% | 53.85% | 24.56% | 27.57% | Invest | |
| DSP Midcap Fund - Regular Plan - Growth | 1.75% | 28.01% | 45.11% | 19.51% | 24.22% | Invest | |
| Kotak Emerging Equity Scheme - Growth | 1.25% | 30.52% | 47.7% | 25.35% | 30.15% | Invest | |
| Sundaram Mid Cap Fund Regular Plan - Growth | 3.73% | 26.72% | 55.76% | 27.09% | 26.9% | Invest |