Mid Cap Fund
SEBI Risk: Very High
AMC: DSP Mutual Fund
DSP Midcap Fund - Direct Plan - Growth
Benchmark: NIFTY Midcap 150 TRI • Manager: Vinit Sambre • Portfolio Date: 2026-09-30
Composite Health Score
Coverage Pending
31.8% / 70.0% Verified
Look-Through Forensic Audit pending underlying constituent coverage. Full holdings breakdown available below.
Under SEBI RA 2014 Sec. 2(u) non-advisory standards, we strictly require verified 7-pillar institutional research on ≥70% of equity holdings (currently 31.8%) before issuing quantitative composite scores or qualitative AI audit narratives.
⚠️ Fiduciary Surveillance Alerts Triggered (1)
- Look-Through Forensic Audit pending underlying constituent coverage (31.8% verified vs 70.0% threshold). Composite Health Score & qualitative narrative paused.
🔒 Deep Dive
Look-Through Forensics & Audit Narrative
The free report already shows fees, active share, holdings and the headline health score. The Deep Dive opens up what sits underneath the portfolio.
- Weighted moat score and the top compounder holdings
- Look-through accounting risk (ASRI) and promoter pledge exposure, with the flagged holdings named
- Weighted margin of safety: is the portfolio at a DCF discount or premium
- The written 7-pillar audit narrative, and the Forensic Desk can answer questions on all of it
One-time, permanent for this scheme
01: Dual-Sleeve Constituent Decomposition
Equity holdings evaluated via Forensic Equity Engine; Debt/bonds evaluated via Credit & Solvency Engine.
Equity: 23.9% (Score: Pending)
Debt: 0.0% (Score: 0.0)
Cash / TREPS: 16.1%
| Identifier | Security Name | Type | Weight | Sector / Rating | Engine Score | Diagnostic Notes |
|---|---|---|---|---|---|---|
| TREPS | TREPS Cash | CASH_EQUIVALENT | 16.1% | CASH | 100.0 | Liquid Cash / Sovereign Collateral |
| MAXHEALTH ↗ | Max Healthcare Institute | EQUITY | 4.8% | Healthcare Services | 78.0 | Solid Core Holding (Pending 7-Pillar Audit) |
| BHARATFORG ↗ | Bharat Forge Ltd | EQUITY | 4.5% | Auto Ancillary | 76.0 | Solid Core Holding (Pending 7-Pillar Audit) |
| ASTRAL ↗ | Astral Ltd | EQUITY | 4.1% | Building Products | 82.0 | Verified 7-Pillar Equity Dossier Available |
| COFORGE ↗ | Coforge Ltd | EQUITY | 3.8% | IT Services | 77.0 | Solid Core Holding (Pending 7-Pillar Audit) |
| SUPRAJIT ↗ | Suprajit Engineering Ltd | EQUITY | 3.5% | Auto Ancillary | 82.0 | Verified 7-Pillar Equity Dossier Available |
| FEDERALBNK ↗ | Federal Bank Ltd | EQUITY | 3.2% | Banks | 73.0 | Solid Core Holding (Pending 7-Pillar Audit) |
02: True Diversification & Active Share
Exposing Closet Indexing: Active Share AS = 0.5 × ∑|w_fund - w_bench|
Active Share Score
74.5%
TRUE_ACTIVE_ALPHA
High Active Share: Portfolio significantly deviates from the passive benchmark, justified active fee.
Top 10 Holdings Concentration:
40.0%
03 & 04: Risk-Adjusted Alpha & Downside Capture
Evaluating asymmetrical compounding: Downside Capture Ratio vs Upside Capture Ratio.
Sortino Ratio
1.94
Downside Risk Only
Downside Capture
67.0%
Benchmark: ≤ 75%
Capture Spread
+37.0%
UCR (104.0%) - DCR
Hurst Exponent (H)
0.64
Persistent Momentum
3-Year Rolling Return Consistency:
82.5% of windows
05: Intermediary Fee Drag & Wealth Destruction
Direct Plan vs Regular Plan: Compounded wealth transfer to distributor commissions over time.
Annual Distributor Commission Drag
84.0 bps / yr (1.65% - 0.81%)
| Time Horizon | Direct Plan Value (Net) | Regular Plan Value (Net) | Cumulative Wealth Lost | Percentage Corpus Destroyed |
|---|---|---|---|---|
| 5 Years | ₹1,699,529 | ₹1,636,295 | -₹63,234 | 3.7% |
| 10 Years | ₹2,888,400 | ₹2,677,462 | -₹210,937 | 7.3% |
| 15 Years | ₹4,908,920 | ₹4,381,119 | -₹527,801 | 10.8% |
| 20 Years | ₹8,342,853 | ₹7,168,805 | -₹1,174,049 | 14.1% |
💡 Fiduciary Takeaway: A ₹10.0 Lakh investment loses ₹210,937 over 10 years purely to distributor commissions in the Regular plan.
Forensic Intelligence Desk
SEBI RA Sec. 2(u):
Descriptive diagnostics & Pre-Mortem stress-testing only. Non-advisory software utility.
Forensic Desk
⌘K