DSP Mutual Fund has launched four new passive schemes—DSP Nifty Midcap 150 Index Fund, DSP Nifty Midcap 150 ETF, DSP Nifty Smallcap 250 Index Fund and DSP Nifty Smallcap 250 ETF—offering investors simple and low-cost access to India’s rapidly expanding midcap and smallcap segments. The launches strengthen DSP’s passive suite by tracking two rules-based indices that represent the country’s most dynamic pool of 400 companies.
The Nifty Midcap 150 Index covers India’s 101st to 250th largest companies, while the Nifty Smallcap 250 spans ranks 251 to 500 of the Nifty 500. Historical data shows strong long-term performance: the Nifty Midcap 150 TRI delivered 16.2% average 10-year rolling returns and the Nifty Smallcap 250 TRI posted 13.5%, both outpacing the Nifty 500 TRI’s 12.6%. DSP noted that although these categories may face higher drawdowns, longer holding periods significantly improve the chances of positive returns.
In Guwahati, distributors say demand for passive products has been rising as investors increasingly seek diversified, rule-based exposure. With younger retail investors showing interest in midcap and smallcap themes, DSP’s new offerings are expected to attract strong enquiries across major Guwahati investment hubs.
The indices also provide exposure to sectors with limited large-cap presence and maintain low overlaps—32% for midcaps and 18% for smallcaps—with active funds. “Disciplined, rule-based exposure has historically rewarded long-term investors,” said Anil Ghelani, Head – Passive Investments at DSP. The NFOs are open from November 24 to December 8, 2025.
