DSP Nifty Midcap 150 Quality 50 Index Fund vs UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund

Direct Plan, Growth option · Data as on 30-10-2026

DSP Nifty Midcap 150 Quality 50 Index Fund is an Index fund and UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund is an Index fund. In the year to 30-10-2026, DSP Nifty Midcap 150 Quality 50 Index Fund (Direct) returned −8.3% and UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund (Direct) returned 0.0%. DSP Nifty Midcap 150 Quality 50 Index Fund charges 0.45% a year and UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund 0.78% (Direct plans). Their portfolios overlap 36.5%: they hold 31 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

See DSP Nifty Midcap 150 Quality 50 Index Fund

UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund

Index

1 year return: 0.0%
Expense ratio: 0.78%
NAV: ₹11.20

See UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund

Which is better, DSP Nifty Midcap 150 Quality 50 Index or UTI Nifty Midsmallcap 400 Momentum Quality 100 Index? Key differences

It depends on what you want from the fund. These are the differences in numbers, from the data on this page.

UTI Nifty Midsmallcap 400 Momentum Quality 100 Index returned more over 1 year: 0.0% against −8.3%.
DSP Nifty Midcap 150 Quality 50 Index costs less: 0.45% a year against 0.78% (Direct plans).
DSP Nifty Midcap 150 Quality 50 Index fell less in its worst fall since 18-02-2025: −17.0% against −17.4%.
DSP Nifty Midcap 150 Quality 50 Index is the larger fund: ₹398 Cr against ₹130 Cr.
Their portfolios overlap 36.5%: 31 of the same holdings.

Past returns do not promise future returns. This page is information, not investment advice.

NAV comparison

How each fund's NAV moved over the same days, as % change since the first day of the range

DSP Nifty Midcap 150 Quality 50 Index Fund (Direct)
+4.7%
UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund (Direct)
+15.2%

Change in NAV from 18-02-2025 to 30-10-2026

0%+10%+20%+30%

Key facts

From each fund's scheme summary document and AMFI

Fact	DSP Nifty Midcap 150 Quality 50 Index Fund	UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund
Fund house	DSP Mutual Fund	UTI Mutual Fund
Category	Index	Index
AUM	₹398 Cr (30-09-2026)	₹130 Cr (30-09-2026)
NAV	₹13.66 (Direct)	₹11.20 (Direct)
Expense ratio (Direct)	0.45%	0.78%
Expense ratio (Regular)	1.08%	1.27%
Riskometer	Very High	Very High
Benchmark	Nifty Midcap 150 Quality 50 TRI	Nifty MidSmallcap400 Momentum Quality 100 TRI
Launch date	04-08-2022	13-02-2025
Minimum investment	₹100	₹1,000
Lock in	None	None
Fund managers	Anil Ghelani, Diipesh Shah, Neha Rathi	Sharwan Kumar Goyal FM 1, Ayush Jain FM 2, Lokesh Kulthia FM 3
Exit load	Nil	Nil

DSP Nifty Midcap 150 Quality 50 Index vs UTI Nifty Midsmallcap 400 Momentum Quality 100 Index: 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%	--	--
UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund (Direct)	−1.53%	−3.37%	−0.88%	+0.01%	--	--	--

DSP Nifty Midcap 150 Quality 50 Index vs UTI Nifty Midsmallcap 400 Momentum Quality 100 Index: Year-wise Returns

Year	DSP Nifty Midcap 150 Quality 50DSP Nifty Midcap 150 Quality 50 Index	UTI Nifty Midsmallcap 400 Momentum Quality 100UTI Nifty Midsmallcap 400 Momentum Quality 100 Index
2026to date	−6.91%	+2.89%
2025	−0.81%	--
2024	+19.84%	--
2023	+28.52%	--

DSP Nifty Midcap 150 Quality 50 Index vs UTI Nifty Midsmallcap 400 Momentum Quality 100 Index: 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

Rolling returns

Every 1-year holding period, 171 of them, one for each trading day from 18-02-2026 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.

−15%−10%−5%0%5%10%15%20%

Mar 2025
to
Mar 2026Apr 2025
to
Apr 2026Jun 2025
to
Jun 2026Jul 2025
to
Jul 2026Aug 2025
to
Aug 2026Oct 2025
to
Oct 2026

DSP Nifty Midcap 150 Quality 50 Index Fund (Direct)UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund (Direct)NIFTY Midcap150 Quality 50 TRI

How the periods spread

Fund	Below 0%	0-5%	5-10%	10-15%	15-20%	Mean	Median	Lowest	Highest	Beat benchmark
DSP Nifty Midcap 150 Quality 50 Index	54.4	25.1	17.0	3.5	0.0	0.3%	−0.5%	−10.4%	13.5%	0%
UTI Nifty Midsmallcap 400 Momentum Quality 100 Index	15.8	36.3	32.2	15.2	0.6	4.9%	4.5%	−4.6%	15.3%	95%
NIFTY Midcap150 Quality 50 TRI	52.6	25.7	17.5	4.1	0.0	0.6%	−0.2%	−10.1%	13.8%	--

The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is NIFTY Midcap150 Quality 50 TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 18-02-2025. Past returns do not promise future returns.

DSP Nifty Midcap 150 Quality 50 Index vs UTI Nifty Midsmallcap 400 Momentum Quality 100 Index: 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

Every month₹

Step up each year

PeriodFor

₹10,000 on the first trading day of every month, from 03-02-2025 to 30-10-2026: 21 instalments, ₹2,10,000 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)	₹2,10,000	₹2,01,282	−₹8,718	−4.6%
UTI Nifty Midsmallcap 400 Momentum Quality 100 IndexUTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund (Direct)	₹2,10,000	₹2,16,535	₹6,535	3.4%

₹0₹50,000₹1.0 L₹1.5 L₹2.0 L₹2.5 L

2026

DSP Nifty Midcap 150 Quality 50 IndexDSP Nifty Midcap 150 Quality 50 Index Fund (Direct)UTI Nifty Midsmallcap 400 Momentum Quality 100 IndexUTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund (Direct)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 UTI Nifty Midsmallcap 400 Momentum Quality 100 Index: 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)	UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund (Direct)
Return (CAGR)	−8.25%	+0.01%
Standard deviation	15.84%	17.61%
Sharpe ratio	-0.85	-0.30
Sortino ratio	-1.14	-0.41
Maximum drawdown	−15.4% (31-03-2026)	−14.6% (23-03-2026)
Beta	1.00	1.00
Alpha	−0.30%	−0.47%

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)	UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund (Direct)
Return (CAGR)	+7.57%	+8.71%
Standard deviation	14.16%	17.80%
Sharpe ratio	0.10	0.18
Sortino ratio	0.14	0.26
Maximum drawdown	−21.4% (28-02-2025)	−17.4% (23-03-2026)
Beta	1.00	1.00
Alpha	−0.24%	−0.54%

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.

−20%−15%−10%−5%0%

2026

DSP Nifty Midcap 150 Quality 50 Index Fund (Direct)UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund (Direct)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)	−17.0%	21-07-2025	31-03-2026	10-08-2026	4 months	−10.9%
UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund (Direct)	−17.4%	10-06-2025	23-03-2026	27-05-2026	2 months	−7.1%
NIFTY Midcap150 Quality 50 TRI	−16.9%	21-07-2025	30-03-2026	05-08-2026	4 months	−10.9%

From daily values since 18-02-2025, 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.

0%5%10%15%20%

DSP Nifty Midcap 150 Quality 50 Index Fund (Direct)UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund (Direct)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%	0.10%
UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund (Direct)	114%	94%	5.83%

From month-end values since 18-02-2025. 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 UTI Nifty Midsmallcap 400 Momentum Quality 100 Index: Portfolio Overlap

From each fund's latest monthly portfolio: DSP Nifty Midcap 150 Quality 50 Index Fund, September 2026; UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund, September 2026

Holdings in common

Overlap: 36.5%
Held by both: 31
Only in DSP Nifty Midcap 150 Quality 50 Index: 19
Only in UTI Nifty Midsmallcap 400 Momentum Quality 100 Index: 69

Security	% of DSP Nifty Midcap 150 Quality 50 Index	% of UTI Nifty Midsmallcap 400 Momentum Quality 100 Index
BSE Limited	4.23%	4.16%
Polycab India Limited	2.61%	2.47%
Hero MotoCorp Limited	3.90%	2.28%
Marico Limited	3.60%	2.20%
Dixon Technologies (India) Limited	4.56%	2.15%
Hitachi Energy India Limited	1.99%	2.45%
Apar Industries Limited	2.02%	1.89%
Persistent Systems Limited	3.44%	1.63%
Oracle Financial Services Software Limited	2.49%	1.36%
KEI Industries Limited	1.79%	1.32%
Coforge Limited	2.43%	1.26%
Colgate Palmolive (India) Limited	4.29%	1.23%
APL Apollo Tubes Limited	2.33%	1.19%
Nippon Life India Asset Management Limited	2.29%	1.06%
NMDC Limited	2.05%	1.05%
Page Industries Limited	2.90%	1.03%
Indian Bank	1.75%	1.01%
Bank Of Maharashtra	1.64%	0.97%
Ajanta Pharma Limited	1.88%	0.81%
360 One Wam Limited	1.80%	0.76%
Mphasis Limited	1.98%	0.74%
Coromandel International Limited	1.65%	0.59%
Motilal Oswal Financial Services Limited	1.55%	0.59%
PI Industries Limited	1.57%	0.49%
Astral Limited	1.39%	0.48%
K.P.R. Mill Limited	1.24%	0.46%
Tata Elxsi Limited	1.39%	0.32%
Bharat Dynamics Limited	0.97%	0.28%
L&T Technology Services Limited	1.22%	0.25%
Godfrey Phillips India Limited	1.10%	0.23%
KPIT Technologies Limited	1.05%	0.23%

Overlap: for each holding both funds own, the smaller of its two weights, added up. 36.5% means 36.5% 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
Glaxosmithkline Pharmaceuticals Limited	2.55%
Abbott India Limited	2.17%
Alkem Laboratories Limited	2.09%
Petronet LNG Limited	1.90%
Havells India Limited	1.88%

Largest holdings only in UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund

Security	% of fund
EQ - LAURUS LABS LTD.	4.78%
EQ - FEDERAL BANK LTD.	4.11%
EQ - MULTI COMMODITY EXCHANGE OF IN	3.79%
EQ - BHARAT FORGE LTD.	2.80%
EQ - GE VERNOVA T & D INDIA LTD	2.56%

Asset and sector split

Share of each fund, from its latest monthly portfolio

Asset allocation

Asset	DSP Nifty Midcap 150 Quality 50 Index	UTI Nifty Midsmallcap 400 Momentum Quality 100 Index
Equity	99.8%	100.1%
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	UTI Nifty Midsmallcap 400 Momentum Quality 100 Index
Large Cap	10.6%	11.3%
Mid Cap	83.1%	63.0%
Small Cap	6.1%	25.9%

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	UTI Nifty Midsmallcap 400 Momentum Quality 100 Index
Pharmaceuticals & Biotechnology	8.7%	16.0%
Capital Markets	9.9%	15.0%
IT - Software	12.8%	5.5%
Industrial Products	11.1%	9.8%
Electrical Equipment	4.0%	10.5%
Banks	3.4%	10.4%
Consumer Durables	9.4%	2.9%
Auto Components	5.3%	6.1%
Personal Products	6.0%	1.4%

The six largest sectors of each fund's stocks, % of the fund.

DSP Nifty Midcap 150 Quality 50 Index vs UTI Nifty Midsmallcap 400 Momentum Quality 100 Index: Expense Ratio

What each plan charges a year, from AMFI's expense ratio file

Charge	DSP Nifty Midcap 150 Quality 50 Index Fund	UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund
Total expense ratio (Direct)	0.45%	0.78%
Base expense ratio (Direct)	0.26%	0.46%
Total expense ratio (Regular)	1.08%	1.27%
Base expense ratio (Regular)	0.80%	0.90%

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 UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund: Frequently Asked Questions

What is the difference between DSP Nifty Midcap 150 Quality 50 Index Fund and UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund?

DSP Nifty Midcap 150 Quality 50 Index Fund is an Index fund, UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund is an Index fund, run by DSP Mutual Fund and UTI Mutual Fund. Their portfolios overlap 36.5%. DSP Nifty Midcap 150 Quality 50 Index Fund charges 0.45% a year and UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund 0.78%.

Which has given higher returns, DSP Nifty Midcap 150 Quality 50 Index Fund or UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund?

Over 1 year: DSP Nifty Midcap 150 Quality 50 Index Fund −8.25%, UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund +0.01%. 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 UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund?

DSP Nifty Midcap 150 Quality 50 Index Fund charges less: 0.45% a year against 0.78%. These are the Direct plans' total expense ratios reported to AMFI.

How much do DSP Nifty Midcap 150 Quality 50 Index Fund and UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund overlap?

36.5%. They hold 31 of the same securities, the largest shared ones being BSE, POLYCAB, HEROMOTOCO. From each fund's latest monthly portfolio.

Which is riskier, DSP Nifty Midcap 150 Quality 50 Index Fund or UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund?

On SEBI's riskometer, DSP Nifty Midcap 150 Quality 50 Index Fund is rated Very High and UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund Very High. Over 1 years, the standard deviation of daily returns was 15.84% and 17.61% a year.

Can I invest in both DSP Nifty Midcap 150 Quality 50 Index Fund and UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund?

Yes. 36.5% of each fund's money sits in the same holdings, so some of the two investments would move together.

Who manages DSP Nifty Midcap 150 Quality 50 Index Fund and UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund?

DSP Nifty Midcap 150 Quality 50 Index Fund: Anil Ghelani, Diipesh Shah, Neha Rathi. UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund: Sharwan Kumar Goyal FM 1, Ayush Jain FM 2, Lokesh Kulthia FM 3.

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.