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DSP Tax Saver Fund

DSP Tax Saver Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

26.50

as on 22 Sep 2023

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 20,243 today.

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NAV Performance

DSP Tax Saver Fund performance graph for last 3 years
Performance of DSP Tax Saver Fund for last 3 Years

Fund Information

  • ₹ 96.295

    as on 22 Sep 2023
  • Regular - Growth

  • 10 / 37

  • ₹ 500

  • ₹ 10,179 Cr.

    as on 31 May 2023
  • 1.71%

  • 18 Jan 2007

  • Equity - ELSS

  • Nifty 500 TRI

  • DSP Mutual Fund

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  • Data not available.

Highlights of this fund

DSP Tax Saver Fund is an Open-ended Equity Fund. The fund belongs to ELSS category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 18 Jan 2007. This fund is offered by one of the top AMC (Assets Management Company) DSP Mutual Fund. You can also view here all other Equity funds offered by DSP Mutual Fund.

Latest NAV of the fund is ₹ 96.295 as on 22 Sep 2023.

This fund has 16 years of track record. Since 31 Mar 2023 expense ratio of this fund is 1.71%. Ideally you shoulds compare this fund with the benchmark Nifty 500 TRI.

You can invest in this fund in SIP with the minimum investment of ₹ 500. Lumpsum invest is offered with minimum investment of ₹ 500.

Fund Objective

The primary investment objective of the Scheme is to seek to generate medium to long-term capital appreciation from a diversified portfolio that is substantially constituted of equity and equity related securities of corporates, and to enable investors to avail of a deduction from total income, as permitted under the Income Tax Act, 1961 from time to time.

List of Fund Managers of DSP Tax Saver Fund

  • About Charanjit Singh

    Picture of Charanjit Singh
  • About Rohit Singhania

    Picture of Rohit SinghaniaRohit Singhania is the Fund Manager for the DSP India T.I,G.E.R fund (The Infrastructure Growth and Economic Reforms Fund), the DSP Opportunities Fund and the DSP Tax Saver Fund. He is also the co-fund manager of the DSP Natural Resources and New Energy Fund. Rohit joined DSP Investment Managers in September 2005, as Portfolio Analyst for the firm's Portfolio Management Services (PMS) division, which manages discretionary accounts and provides advisory services to institutional clients. He was transferred to the Institutional Equities Team of DSP Investment Managers in June 2009. As a research analyst, Rohit focused on sectors like Auto, Auto Ancillaries, Metals, Infrastructure, Sugar and Hotels. Previously, he was with HDFC Securities Limited as a part of its Institutional Equities Research Desk. He spent 13 months at HDFC Securities as Sr. Equity Analyst.
  • About Charanjit Singh

    Picture of Charanjit Singh
  • About Charanjit Singh

    Picture of Charanjit Singh
  • About Rohit Singhania

    Picture of Rohit SinghaniaRohit Singhania is the Fund Manager for the DSP India T.I,G.E.R fund (The Infrastructure Growth and Economic Reforms Fund), the DSP Opportunities Fund and the DSP Tax Saver Fund. He is also the co-fund manager of the DSP Natural Resources and New Energy Fund. Rohit joined DSP Investment Managers in September 2005, as Portfolio Analyst for the firm's Portfolio Management Services (PMS) division, which manages discretionary accounts and provides advisory services to institutional clients. He was transferred to the Institutional Equities Team of DSP Investment Managers in June 2009. As a research analyst, Rohit focused on sectors like Auto, Auto Ancillaries, Metals, Infrastructure, Sugar and Hotels. Previously, he was with HDFC Securities Limited as a part of its Institutional Equities Research Desk. He spent 13 months at HDFC Securities as Sr. Equity Analyst.
  • About Rohit Singhania

    Picture of Rohit SinghaniaRohit Singhania is the Fund Manager for the DSP India T.I,G.E.R fund (The Infrastructure Growth and Economic Reforms Fund), the DSP Opportunities Fund and the DSP Tax Saver Fund. He is also the co-fund manager of the DSP Natural Resources and New Energy Fund. Rohit joined DSP Investment Managers in September 2005, as Portfolio Analyst for the firm's Portfolio Management Services (PMS) division, which manages discretionary accounts and provides advisory services to institutional clients. He was transferred to the Institutional Equities Team of DSP Investment Managers in June 2009. As a research analyst, Rohit focused on sectors like Auto, Auto Ancillaries, Metals, Infrastructure, Sugar and Hotels. Previously, he was with HDFC Securities Limited as a part of its Institutional Equities Research Desk. He spent 13 months at HDFC Securities as Sr. Equity Analyst.

Riskometer : Risk associated with this fund

Investors understand that their principal will be at Very High Risk

Fund Return Comparison

Fund Name 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years 1 Year 2 Years 3 Years 5 Years 10 Years
Category Best 4.75% 11.13% 25.95% 26.21% 32.94% 34.63% 24.02% 23.88% 37.19% 24.83% 23.35% 29.58% 22.88%
Category Average 2.08% 7.00% 18.95% 14.97% 9.09% 23.43% 13.43% 16.23% 23.94% 15.54% 16.51% 17.67% 14.29%
DSP Tax Saver Fund 2.40%₹ 10,240 9.58%₹ 10,957 20.95%₹ 12,095 16.62%₹ 11,662 26.37%₹ 13,651 8.99%₹ 11,879 16.85%₹ 28,339 26.50%₹ 20,243 18.03%₹ 46,962 16.14%₹ 21,149 19.51%₹ 97,540 18.06%₹ 52,703 16.02%₹ 2,77,996
Quant Tax Plan 2.94%₹ 10,293 10.59%₹ 11,059 22.67%₹ 12,266 8.73%₹ 10,873 24.21%₹ 13,520 13.60%₹ 12,904 18.03%₹ 28,654 34.63%₹ 24,399 23.35%₹ 50,575 24.02%₹ 29,375 29.58%₹ 1,24,236 23.88%₹ 85,294 22.88%₹ 4,02,701
Kotak Tax Saver Fund 2.07%₹ 10,207 7.43%₹ 10,742 18.37%₹ 11,837 15.68%₹ 11,567 24.00%₹ 13,507 11.37%₹ 12,403 17.36%₹ 28,475 25.31%₹ 19,675 18.36%₹ 47,184 15.80%₹ 20,840 19.32%₹ 97,112 17.49%₹ 50,207 15.69%₹ 2,73,129
Mirae Asset Tax Saver Fund 2.06%₹ 10,205 7.61%₹ 10,761 19.75%₹ 11,974 15.83%₹ 11,582 24.46%₹ 13,535 7.39%₹ 11,531 14.78%₹ 27,793 24.33%₹ 19,218 16.06%₹ 45,667 16.38%₹ 21,369 19.15%₹ 96,708 - -
IDFC Tax Advantage (elss) Fund 1.43%₹ 10,143 7.96%₹ 10,795 21.34%₹ 12,134 18.67%₹ 11,867 27.81%₹ 13,738 12.77%₹ 12,718 18.74%₹ 28,844 30.96%₹ 22,461 21.42%₹ 49,243 16.19%₹ 21,195 22.65%₹ 1,05,277 18.51%₹ 54,755 16.97%₹ 2,92,511
BOI AXA Tax Advantage Fund 4.24%₹ 10,423 10.53%₹ 11,053 23.71%₹ 12,371 16.90%₹ 11,689 30.00%₹ 13,870 8.07%₹ 11,679 18.60%₹ 28,805 25.92%₹ 19,964 18.96%₹ 47,585 18.15%₹ 23,048 22.27%₹ 1,04,305 17.55%₹ 50,484 17.09%₹ 2,94,437

Portfolio Holdings

Portfolio holdings pattern of DSP Tax Saver Fund as on 23 Sep 2023 are listed below:

  • Equity Holdings:

    99.01%
  • Debt Holdings:

    0.01%
  • Others Holdings:

    0.99%

Top Sector Holdings of DSP Tax Saver Fund

Name of SectorHolding PercentageHolding Values in Crore
Banks 30.18% ₹ 3,282.48 Cr.
Computers - Software 8.86% ₹ 963.78 Cr.
Pharmaceuticals 7.92% ₹ 861.28 Cr.
Passenger/Utility vehicles 5.95% ₹ 646.97 Cr.
NBFC 4.14% ₹ 450.71 Cr.
Others 42.95% -

Top Stock Holdings of DSP Tax Saver Fund

Name of StocksHolding PercentageHolding Values in Crore
ICICI Bank Ltd. 8.46% ₹ 919.95 Cr.
HDFC Bank Ltd. 7.58% ₹ 824.74 Cr.
State Bank Of India 5.63% ₹ 612.20 Cr.
Infosys Ltd. 5.02% ₹ 545.59 Cr.
Axis Bank Ltd. 4.36% ₹ 474.50 Cr.
Others 68.95% -

Top Debt Instrument Type holdings of DSP Tax Saver Fund

Instrument TypeHolding PercentageHolding Values in Crore
NCD & Bonds 0.01% ₹ .57 Cr.
Others 99.99% -

Top Debt Holdings of DSP Tax Saver Fund

Name of Debt InstrumentHolding PercentageHolding Values in Crore
Bond - Britannia Industries Ltd. 0.01% ₹ .57 Cr.
Others 99.99%

Other Holdings

Holding TypeHolding Percentage
TREPS 0.91%
Net Receivables 0.08%