DSP Nifty Midcap 150 Quality 50 Index Fund vs DSP Nifty500 Flexicap Quality 30 ETF
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
DSP Nifty Midcap 150 Quality 50 Index Fund is an Index fund and DSP Nifty500 Flexicap Quality 30 ETF is a mutual fund. In the year to 30-10-2026, DSP Nifty Midcap 150 Quality 50 Index Fund (Direct) returned −8.3% and DSP Nifty500 Flexicap Quality 30 ETF returned −11.7%. DSP Nifty Midcap 150 Quality 50 Index Fund charges 0.45% a year and DSP Nifty500 Flexicap Quality 30 ETF 0.60%. Their portfolios overlap 28.5%: they hold 10 of the same securities.
DSP Nifty Midcap 150 Quality 50 Index Fund
Index
- 1 year return
- −8.3%
- Expense ratio
- 0.45%
- NAV
- ₹13.66
DSP Nifty500 Flexicap Quality 30 ETF
- 1 year return
- −11.7%
- Expense ratio
- 0.60%
- NAV
- ₹9.53
Which is better, DSP Nifty Midcap 150 Quality 50 Index or DSP Nifty500 Flexicap Quality 30 ETF? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- DSP Nifty Midcap 150 Quality 50 Index returned more over 1 year: −8.3% against −11.7%.
- DSP Nifty Midcap 150 Quality 50 Index costs less: 0.45% a year against 0.60%.
- DSP Nifty Midcap 150 Quality 50 Index fell less in its worst fall since 10-10-2025: −15.4% against −17.9%.
- DSP Nifty500 Flexicap Quality 30 ETF holds more in large companies: 40.1% of the fund in large caps against 10.6%.
- DSP Nifty Midcap 150 Quality 50 Index is the larger fund: ₹398 Cr against ₹15 Cr.
- Their portfolios overlap 28.5%: 10 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | DSP Nifty Midcap 150 Quality 50 Index Fund | DSP Nifty500 Flexicap Quality 30 ETF |
|---|---|---|
| Fund house | DSP Mutual Fund | DSP Mutual Fund |
| Category | Index | Not available |
| AUM | ₹398 Cr (30-09-2026) | ₹15 Cr (30-09-2026) |
| NAV | ₹13.66 (Direct) | ₹9.53 |
| Expense ratio (Direct) | 0.45% | Not available |
| Expense ratio (Regular) | 1.08% | Not available |
| Riskometer | Very High | Not available |
| Benchmark | Nifty Midcap 150 Quality 50 TRI | Not available |
| Launch date | 04-08-2022 | Not available |
| Minimum investment | ₹100 | Not available |
| Lock in | None | Not available |
| Fund managers | Anil Ghelani, Diipesh Shah, Neha Rathi | Not available |
| Exit load | Nil | Not available |
DSP Nifty Midcap 150 Quality 50 Index vs DSP Nifty500 Flexicap Quality 30 ETF: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| DSP Nifty Midcap 150 Quality 50 Index Fund (Direct) | −2.26% | −8.62% | −3.98% | −8.25% | +7.31% | -- | -- |
| DSP Nifty500 Flexicap Quality 30 ETF | +1.04% | −6.98% | −1.91% | −11.73% | -- | -- | -- |
DSP Nifty Midcap 150 Quality 50 Index vs DSP Nifty500 Flexicap Quality 30 ETF: Year-wise Returns
| Year | Nifty Midcap 150 Quality 50 IndexDSP Nifty Midcap 150 Quality 50 Index | Nifty500 Flexicap Quality 30 ETFDSP Nifty500 Flexicap Quality 30 ETF |
|---|---|---|
| 2026to date | −6.91% | −10.33% |
| 2025 | −0.81% | -- |
| 2024 | +19.84% | -- |
| 2023 | +28.52% | -- |
DSP Nifty Midcap 150 Quality 50 Index vs DSP Nifty500 Flexicap Quality 30 ETF: Rolling Returns
Every holding period of both funds, against NIFTY Midcap150 Quality 50 TRI, the benchmark of DSP Nifty Midcap 150 Quality 50 Index Fund
DSP Nifty Midcap 150 Quality 50 Index vs DSP Nifty500 Flexicap Quality 30 ETF: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 01-10-2025 to 30-10-2026: 13 instalments, ₹1,30,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| DSP Nifty Midcap 150 Quality 50 IndexDSP Nifty Midcap 150 Quality 50 Index Fund (Direct) | ₹1,30,000 | ₹1,23,319 | −₹6,681 | −8.8% |
| DSP Nifty500 Flexicap Quality 30 ETFDSP Nifty500 Flexicap Quality 30 ETF | ₹1,30,000 | ₹1,23,490 | −₹6,510 | −8.6% |
DSP Nifty Midcap 150 Quality 50 IndexDSP Nifty Midcap 150 Quality 50 Index Fund (Direct)
DSP Nifty500 Flexicap Quality 30 ETFDSP Nifty500 Flexicap Quality 30 ETF
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
DSP Nifty Midcap 150 Quality 50 Index vs DSP Nifty500 Flexicap Quality 30 ETF: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | DSP Nifty Midcap 150 Quality 50 Index Fund (Direct) | DSP Nifty500 Flexicap Quality 30 ETF |
|---|---|---|
| Return (CAGR) | −8.25% | −11.73% |
| Standard deviation | 15.84% | 14.88% |
| Sharpe ratio | -0.85 | -1.14 |
| Sortino ratio | -1.14 | -1.48 |
| Maximum drawdown | −15.4% (31-03-2026) | −17.9% (30-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.30% | −0.44% |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | DSP Nifty Midcap 150 Quality 50 Index Fund (Direct) | DSP Nifty500 Flexicap Quality 30 ETF |
|---|---|---|
| Return (CAGR) | +7.57% | −9.25% |
| Standard deviation | 14.16% | 14.64% |
| Sharpe ratio | 0.10 | -0.99 |
| Sortino ratio | 0.14 | -1.29 |
| Maximum drawdown | −21.4% (28-02-2025) | −17.9% (30-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.24% | −0.42% |
From daily NAVs, 04-08-2022 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
DSP Nifty Midcap 150 Quality 50 Index Fund (Direct)
DSP Nifty500 Flexicap Quality 30 ETF
NIFTY Midcap150 Quality 50 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| DSP Nifty Midcap 150 Quality 50 Index Fund (Direct) | −15.4% | 17-11-2025 | 31-03-2026 | 31-07-2026 | 4 months | −10.9% |
| DSP Nifty500 Flexicap Quality 30 ETF | −17.9% | 17-11-2025 | 30-03-2026 | Not yet | -- | −12.6% |
| NIFTY Midcap150 Quality 50 TRI | −15.3% | 17-11-2025 | 30-03-2026 | 19-06-2026 | 3 months | −10.9% |
From daily values since 10-10-2025, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
DSP Nifty Midcap 150 Quality 50 Index Fund (Direct)
DSP Nifty500 Flexicap Quality 30 ETF
NIFTY Midcap150 Quality 50 TRI
Against NIFTY Midcap150 Quality 50 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| DSP Nifty Midcap 150 Quality 50 Index Fund (Direct) | 99% | 100% | 0.12% |
| DSP Nifty500 Flexicap Quality 30 ETF | 43% | 72% | 11.17% |
From month-end values since 10-10-2025. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
DSP Nifty Midcap 150 Quality 50 Index vs DSP Nifty500 Flexicap Quality 30 ETF: Portfolio Overlap
From each fund's latest monthly portfolio: DSP Nifty Midcap 150 Quality 50 Index Fund, September 2026; DSP Nifty500 Flexicap Quality 30 ETF, September 2026
Holdings in common
- Overlap
- 28.5%
- Held by both
- 10
- Only in DSP Nifty Midcap 150 Quality 50 Index
- 40
- Only in DSP Nifty500 Flexicap Quality 30 ETF
- 20
| Security | % of DSP Nifty Midcap 150 Quality 50 Index | % of DSP Nifty500 Flexicap Quality 30 ETF |
|---|---|---|
| Persistent Systems Limited | 3.44% | 3.36% |
| Hero MotoCorp Limited | 3.90% | 3.35% |
| Dixon Technologies (India) Limited | 4.56% | 3.34% |
| BSE Limited | 4.23% | 3.31% |
| Marico Limited | 3.60% | 3.28% |
| Colgate Palmolive (India) Limited | 4.29% | 3.25% |
| Polycab India Limited | 2.61% | 3.26% |
| Coforge Limited | 2.43% | 3.35% |
| APL Apollo Tubes Limited | 2.33% | 3.38% |
| Tube Investments of India Limited | 1.25% | 3.24% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 28.5% means 28.5% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in DSP Nifty Midcap 150 Quality 50 Index Fund
| Security | % of fund |
|---|---|
| Page Industries Limited | 2.90% |
| Glaxosmithkline Pharmaceuticals Limited | 2.55% |
| Oracle Financial Services Software Limited | 2.49% |
| Nippon Life India Asset Management Limited | 2.29% |
| Abbott India Limited | 2.17% |
Largest holdings only in DSP Nifty500 Flexicap Quality 30 ETF
| Security | % of fund |
|---|---|
| Sona Blw Precision Forgings Limited | 3.44% |
| Himadri Speciality Chemical Limited | 3.42% |
| Anand Rathi Wealth Limited | 3.41% |
| Infosys Limited | 3.40% |
| Karur Vysya Bank Limited | 3.39% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | DSP Nifty Midcap 150 Quality 50 Index | DSP Nifty500 Flexicap Quality 30 ETF |
|---|---|---|
| Equity | 99.8% | 99.9% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.2% | 0.1% |
Market cap of stocks
| Market cap | DSP Nifty Midcap 150 Quality 50 Index | DSP Nifty500 Flexicap Quality 30 ETF |
|---|---|---|
| Large Cap | 10.6% | 40.1% |
| Mid Cap | 83.1% | 30.0% |
| Small Cap | 6.1% | 29.8% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | DSP Nifty Midcap 150 Quality 50 Index | DSP Nifty500 Flexicap Quality 30 ETF |
|---|---|---|
| IT - Software | 12.8% | 20.2% |
| Capital Markets | 9.9% | 16.5% |
| Industrial Products | 11.1% | 6.6% |
| Consumer Durables | 9.4% | 10.0% |
| Auto Components | 5.3% | 9.9% |
| Pharmaceuticals & Biotechnology | 8.7% | 0.0% |
| Automobiles | 3.9% | 6.7% |
| Diversified FMCG | 0.0% | 6.7% |
| Personal Products | 6.0% | 3.3% |
The six largest sectors of each fund's stocks, % of the fund.
DSP Nifty Midcap 150 Quality 50 Index vs DSP Nifty500 Flexicap Quality 30 ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | DSP Nifty Midcap 150 Quality 50 Index Fund | DSP Nifty500 Flexicap Quality 30 ETF |
|---|---|---|
| Total expense ratio (Direct) | 0.45% | Not available |
| Base expense ratio (Direct) | 0.26% | 0.25% |
| Total expense ratio (Regular) | 1.08% | Not available |
| Base expense ratio (Regular) | 0.80% | 0.00% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
DSP Nifty Midcap 150 Quality 50 Index Fund vs DSP Nifty500 Flexicap Quality 30 ETF: Frequently Asked Questions
What is the difference between DSP Nifty Midcap 150 Quality 50 Index Fund and DSP Nifty500 Flexicap Quality 30 ETF?
DSP Nifty Midcap 150 Quality 50 Index Fund is an Index fund, DSP Nifty500 Flexicap Quality 30 ETF is a mutual fund, run by DSP Mutual Fund. Their portfolios overlap 28.5%. DSP Nifty Midcap 150 Quality 50 Index Fund charges 0.45% a year and DSP Nifty500 Flexicap Quality 30 ETF 0.60%.
Which has given higher returns, DSP Nifty Midcap 150 Quality 50 Index Fund or DSP Nifty500 Flexicap Quality 30 ETF?
Over 1 year: DSP Nifty Midcap 150 Quality 50 Index Fund −8.25%, DSP Nifty500 Flexicap Quality 30 ETF −11.73%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, DSP Nifty Midcap 150 Quality 50 Index Fund or DSP Nifty500 Flexicap Quality 30 ETF?
DSP Nifty Midcap 150 Quality 50 Index Fund charges less: 0.45% a year against 0.60%. These are the total expense ratios reported to AMFI.
How much do DSP Nifty Midcap 150 Quality 50 Index Fund and DSP Nifty500 Flexicap Quality 30 ETF overlap?
28.5%. They hold 10 of the same securities, the largest shared ones being PERSISTENT, HEROMOTOCO, DIXON. From each fund's latest monthly portfolio.
Can I invest in both DSP Nifty Midcap 150 Quality 50 Index Fund and DSP Nifty500 Flexicap Quality 30 ETF?
Yes. 28.5% of each fund's money sits in the same holdings, so some of the two investments would move together.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.