DSP Mutual Fund launches DSP Nifty Midcap 150 Quality 50 Index Fund

NFO period: 18^th July – 29^th July, 2022

Highlights of the NFO:

• Scheme type – An open ended scheme replicating/ tracking Nifty Midcap 150 Quality 50 Index


• Investment objective – The investment objective of the scheme is to generate returns that are commensurate with the performance of the Nifty Midcap 150 Quality 50 Index, subject to tracking error. There is no assurance that the investment objective of the scheme will be realized.


• Product suitability – The product is suitable for investors who are seeking long-term capital growth by investing in equity and equity related securities covered by Nifty Midcap 150 Quality 50 Index, subject to tracking error.


• Minimum Application Amount – Rs. 500/– and any amount thereafter


• Plan/ Options available – Regular and Direct Plan having Growth Option and Income Distribution cum Capital Withdrawal option (IDCW) with Payout of Income Distribution cum Capital Withdrawal (IDCW) and Reinvestment of Income Distribution cum Capital Withdrawal (IDCW).


• Fund Managers – Mr. Anil Ghelani and Mr. Diipesh Shah


• Benchmark – Nifty Midcap 150 Quality 50 TRI