DSP Investment Managers announced the launch of the DSP Nifty Midcap 150 Quality 50 Index Fund. This new quality-focused mid-cap Fund offers investors an option to invest in mid-cap companies with the potential of higher growth and profitability, lower leverage & relatively stable earnings.
DSP Nifty Midcap 150 Quality 50 Index Fund follows a zero-bias, rule-based strategy by replicating the Nifty Midcap 150 Quality 50 Index. This index selects 50 companies from the parent Nifty Midcap 150 index based on ‘Quality Scores’ using metrics like return on equity, financial leverage (except for financial services companies) & earning per share (EPS) growth variability of each stock. The Fund offers investors a chance to earn big returns by utilizing this high-risk, high-return strategy. Being a passive fund, it will also have a lower expense ratio than most actively managed mid-cap funds. The New Fund Offer for the fund opens for subscription on July 18th, 2022 and closes on July 29th, 2022.
Anil Ghelani, CFA, Head – Passive Investments & Products, DSP Investment Managers, said, “Quality should not be expected purely by chance- it requires meticulous, intelligent effort. The midcap space is notorious for having many stocks that have the potential that never gets realized- our data suggests that more than 4 out 5 mid-sized companies in India never grow to become market leaders or blue chips- which is when high returns can get unlocked. The goal is to help investors build their portfolio of mid-caps with a disciplined design to deliver outperformance over the long term.”