DSP Tax Saver Fund – Direct Growth

Equity · ELSS
 · ★★★★
500
Min SIP
500
Min Lumpsum
0.77 %
Expense Ratio
★★★★
Rating
11,862
Fund Size (in Cr)
11 Years
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 5 yrs
  • Invested Amount
    --
  • Wealth Gained
    --
  • Expected Amount
    --

Scheme Performance

Returns and Ranks ( as on 21 September 2023 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 17.8% 26.5% 17.3% 17.3%
Category Average 13.6% 24.3% 14.2% -

Scheme Allocation

By Holding
By Sector
By Asset
7.04%
6.78%
3.7%
3.64%
Others
75.03%
View all Holdings
Holdings Sector Instrument Asset
ICICI Bank Banks Equity 7.04%
HDFC Bank Banks Equity 6.78%
St Bk of India Banks Equity 3.81%
Axis Bank Banks Equity 3.7%
Infosys IT - Software Equity 3.64%
M & M Automobile Equity 3.12%
Hind. Unilever FMCG Equity 2.84%
HCL Technologies IT - Software Equity 2.34%
NTPC Power Generation & Distribution Equity 2.23%
Power Fin.Corpn. Finance Equity 2.11%
Coforge IT - Software Equity 1.96%
Sun Pharma.Inds. Pharmaceuticals Equity 1.91%
Tata Motors Automobile Equity 1.82%
O N G C Crude Oil & Natural Gas Equity 1.8%
Emami FMCG Equity 1.71%
Samvardh. Mothe. Auto Ancillaries Equity 1.62%
Bharti Airtel Telecomm-Service Equity 1.55%
SBI Cards Finance Equity 1.5%
GAIL (India) Gas Distribution Equity 1.48%
Bharat Forge Castings, Forgings & Fastners Equity 1.43%
UltraTech Cem. Cement Equity 1.43%
Bajaj Finance Finance Equity 1.41%
Tech Mahindra IT - Software Equity 1.39%
Maruti Suzuki Automobile Equity 1.38%
SBI Life Insuran Insurance Equity 1.37%
K E C Intl. Capital Goods - Electrical Equipment Equity 1.32%
Exide Inds. Auto Ancillaries Equity 1.29%
Kotak Mah. Bank Banks Equity 1.28%
ACC Cement Equity 1.23%
Cipla Pharmaceuticals Equity 1.2%
Bharat Electron Electronics Equity 1.16%
Container Corpn. Logistics Equity 1.15%
Coromandel Inter Fertilizers Equity 1.14%
Century Plyboard Miscellaneous Equity 1.14%
Alembic Pharma Pharmaceuticals Equity 1.13%
Jindal Steel Steel Equity 1.11%
GHCL Chemicals Equity 1.11%
Ipca Labs. Pharmaceuticals Equity 1.1%
B P C L Refineries Equity 1.08%
Phoenix Mills Realty Equity 1.08%
Alkem Lab Pharmaceuticals Equity 1.06%
Dr Reddy's Labs Pharmaceuticals Equity 1.02%
Marico FMCG Equity 1.02%
AU Small Finance Banks Equity 1.01%
Gujarat Fluoroch Chemicals Equity 0.99%
H P C L Refineries Equity 0.96%
IIFL Finance Finance Equity 0.94%
Max Financial Finance Equity 0.93%
Ahluwalia Contr. Realty Equity 0.89%
Vardhman Textile Textiles Equity 0.88%
Guj.St.Petronet Gas Distribution Equity 0.88%
Crompton Gr. Con Consumer Durables Equity 0.84%
G R Infraproject Realty Equity 0.66%
Lupin Pharmaceuticals Equity 0.64%
Chambal Fert. Fertilizers Equity 0.63%
Finolex Cables Cables Equity 0.63%
Whirlpool India Consumer Durables Equity 0.61%
KNR Construct. Construction Equity 0.59%
Atul Chemicals Equity 0.58%
Shriram Finance Finance Equity 0.51%
Hindalco Inds. Non Ferrous Metals Equity 0.51%
Suven Pharma Pharmaceuticals Equity 0.51%
Mphasis IT - Software Equity 0.45%
Sheela Foam Miscellaneous Equity 0.4%
Pfizer Pharmaceuticals Equity 0.36%
Supreme Inds. Plastic products Equity 0.24%
Equitas Sma. Fin Banks Equity 0.18%
GHCL Textiles Textiles Equity 0.14%
Bharti Airtel PP Telecomm-Service Equity 0.12%
Banks
25.88%
Pharmaceuticals & Biotech
9.53%
IT-Software
8.34%
Finance
6.44%
Automobiles
6.38%
Others
43.44%
View all Sectors
Sectors Asset
Banks 25.88%
Pharmaceuticals & Biotech 9.53%
IT-Software 8.34%
Finance 6.44%
Automobiles 6.38%
Consumer Durables 3%
Cement & Cement Products 2.84%
Diversified FMCG 2.77%
Auto Components 2.71%
Industrial Products 2.69%
Gas 2.66%
Petroleum Products 2.41%
Insurance 2.37%
Construction 2.24%
Chemicals & Petrochemical 2.13%
Power 1.92%
Oil 1.84%
Debt 1.84%
Telecom-Services 1.74%
Fertilisers & Agrochemica 1.62%
Personal Products 1.51%
Electrical Equipments 1.31%
Transport Services 1.22%
Aerospace & Defense 1.14%
Realty 1.04%
Agricultural Food & other 1.01%
Ferrous Metals 0.88%
Textiles & Apparels 0.77%
Cash & Others -0.23%
Equity
98.06%
Reverse Repos
1.83%
Net Curr Ass/Net Receivables
0.1%
Others
0.01%

Advance Ratio

3.75
Alpha
4.07
SD
0.94
Beta
1.72
Sharpe

Exit Load

Exit Load Nil

Fund Objective

DSP Tax Saver Fund is an Equity Linked Savings Scheme (ELSS) that was launched on January 18th, 2007. The fund invests in established and emerging companies of various market capitalisations to provide a balance of growth and stability.

The fund is managed by Rohit Singhania and Kaushal Maroo and aims to generate medium to long-term capital appreciation through a diversified portfolio consisting mostly of equity and equity-related securities of corporations. Additionally, the fund’s goal is to allow investors to take advantage of the tax deduction benefits provided by the Income Tax Act 1961.

Pros & Cons

Pros Cons
The DSP Tax Saver Fund has achieved consistently higher annualised returns compared to the category average for the past 1 year, 3 years, 5 years, and 10 years. The DSP Tax Saver Fund has a lock-in period of 3 years, meaning that the investment must be kept in the fund for a minimum of 3 years before it can be redeemed.

Who Should Invest in DSP Tax Saver Fund

DSP Tax Saver Fund is suitable for investors who:

● Wish to avail tax benefits under Sec 80C of Income Tax Act 1961 by investing up to Rs.1.5 lakh annually.
● Are willing to invest in equity markets for a long-term horizon of at least 10 years.
● Recognise market falls as good opportunities to invest even more.
● Accept the inherent risk of equity investments and are willing to bear short-term volatility.
● Are not looking for the highest possible returns at all times but aim for a balance of growth and stability.

What are the Benefits of Investing in DSP Tax Saver Fund

Here are some benefits of investing in DSP Tax Saver Fund:

1. Tax Savings
DSP Tax Saver Fund is an Equity Linked Savings Scheme (ELSS), which allows you to avail a tax deduction on up to Rs 1.5 lakh annually under Sec 80C of the Income Tax Act 1961.

2. Good Returns
The fund has consistently outperformed its category average in terms of annualised returns over the past 1, 3, 5, and 10 years.

3. Diversification
The fund invests in established as well as emerging companies across market caps, providing a combination of growth and stability.

4. Long-Term Investment
DSP Tax Saver Fund has a lock-in period of 3 years, making it ideal for those who are looking for a long-term investment option.

Fund Managers

Rohit Singhania - Fund Manager

Mr Rohit Singhania is the fund manager for all the top-performing funds like DSP India TIGER, Opportunities and Tax Saver Fund in the portfolio, respectively. He has explored different sectors like Auto, Ancillaries, Metals, Infrastructure, Sugar, and Hotels with the DSP team. He has worked with HDFC securities before starting his role at the DSP office. He has experience in portfolio management, analysis of accounts, and advisory service to institutional clients.

Risk-O-Meter

Peer Comparison

Fund Name

AMC Contact Details

DSP Mutual Fund
AUM:
1,17,725 Cr
Address:
Mafatlal Centre, 10th Floor, Nariman Point, Mumbai 400 021.
Contact:
022-66578000
Email ID:
service@dspim.com

Frequently Asked Questions

How to invest in DSP Tax Saver Fund – Direct Growth ?

You can invest in DSP Tax Saver Fund – Direct Growth in a quick and simple process. Follow the below steps;
  • Login to your 5paisa account, Go to the Mutual Funds section.
  • Search for DSP Tax Saver Fund – Direct Growth in the search box.
  • Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"

What is the NAV of DSP Tax Saver Fund – Direct Growth ?

The NAV of DSP Tax Saver Fund – Direct Growth is ₹105.3 as of 21 September 2023.

How to redeem DSP Tax Saver Fund – Direct Growth holding ?

You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.

What is the minimum sip amount of DSP Tax Saver Fund – Direct Growth?

The minimum SIP amount of DSP Tax Saver Fund – Direct Growth is ₹500

What are the top sectors DSP Tax Saver Fund – Direct Growth has invested in?

The top sectors DSP Tax Saver Fund – Direct Growth has invested in are
  1. Banks - 25.88%
  2. Pharmaceuticals & Biotech - 9.53%
  3. IT-Software - 8.34%
  4. Finance - 6.44%
  5. Automobiles - 6.38%

Can I make investments in both the SIP and Lump Sum schemes of DSP Tax Saver Fund – Direct Growth?

Yes, You can select both SIP or Lumpsum investment of DSP Tax Saver Fund – Direct Growth based on your investment objective and risk tolerance.

How much returns have DSP Tax Saver Fund – Direct Growth generated ?

The DSP Tax Saver Fund – Direct Growth has delivered 17.3% since inception

What is the expense ratio of DSP Tax Saver Fund – Direct Growth ?

The expense ratio of DSP Tax Saver Fund – Direct Growth is 0.77 % as of 21 September 2023.

What is the AUM of DSP Tax Saver Fund – Direct Growth?

The AUM of DSP Tax Saver Fund – Direct Growth is ₹1,17,725 Cr as of 21 September 2023

What are the top stock holdings of DSP Tax Saver Fund – Direct Growth?

The top stock holdings of DSP Tax Saver Fund – Direct Growth are
  1. ICICI Bank - 7.04%
  2. HDFC Bank - 6.78%
  3. St Bk of India - 3.81%
  4. Axis Bank - 3.7%
  5. Infosys - 3.64%

How can I redeem my investments in DSP Tax Saver Fund – Direct Growth?

Step 1: Visit the fund house's website
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select DSP Tax Saver Fund – Direct Growth in Scheme, enter the redemption amount, and click on submit button.

Is there any lock-in period for DSP Tax Saver Fund - Direct Growth?

Yes, there is lock-in period for DSP Tax Saver Fund – Direct Growth.

Invest Now