DSP Tax Saver Fund

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For lumpsum investments, if the investment period is less than 1 year then same return values are displayed for absolute & XIRR. For periods above 1 year, they are annualized. 1 Year is assumed as 365 days.
Returns for investments in dividend plans of schemes are calculated after assuming that the net dividend payouts post statutory taxes & levies, are re-invested back in the scheme.
Dividends declared from benchmark's constituents isn't taken into account when comparing with investment in scheme's dividend plans.
Performance is always compared against the latest benchmark of the scheme irrespective of the date of change of scheme's benchmark, if any.
Except when SIP tenure is since inception, for all tenures, the start day for SIP investments is considered as 1st of every month. There is no end date to SIPs for the purpose of graphs.
For the purpose of NAV date applicability, if the investment date happens to be a non-business day, next business day's NAV is applied. Investment on inception date can happen on a non-business day.
Gold prices are available post 29 JAN, 2005 & are based on daily closing values on MCX.
Investment in gold has a strong global market demand and gold is highly liquid asset.
PPF interest rate is assumed at 8.7% p.a. & interest received is compounded daily for the returns illustration in the charts.
The comparison with PPF (and other traditional saving instruments/assets) has been given for the purpose of the general information only. Investments in mutual funds should not be construed as a promise, guarantee on or a forecast of any minimum returns. Unlike traditional saving instruments there is no capital protection guarantee or assurance of any return in mutual fund investment. Traditional savings instruments are comparatively low risk products and are generally backed by the Government. Investment in mutual funds carries high risk as compared to the traditional saving instruments and any investment decision needs to be taken only after consulting the Tax Consultant or Financial Advisor.

Rohit Singhania

Rohit is a Research Analyst focusing on sectors like Auto, Auto Ancillaries, Metals, Infrastructure, Sugar and Hotels. He is the Co-Fund Manager for DSP India T.I.G.E.R. Fund since June 2010. Rohit joined DSP Investment Managers in September 2005, as Portfolio Analyst for the firm's Portfolio Management Services (PMS) division. He was transferred to the Institutional Equities Team of DSP Investment Managers in June 2009.

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.

All Funds managed by Rohit Singhania
Sr. No.	Period	1 Year		3 Years		5 Years
		Scheme return (%)	Benchmark return (%)	Scheme return (%)	Benchmark return (%)	Scheme return (%)	Benchmark return (%)
1	DSP India T.I.G.E.R. Fund	27.02	32.39	3.6	13.67	18.97	24.52
2	DSP Tax Saver Fund	31.51	33.46	13.38	12.08	26.58	24.43
3	DSP Equity Opportunities Fund	28.51	36.6	11.18	12.26	25.93	26.8
4	DSP Natural Resources And New Energy Fund	56.55	35.91	4.87	2.32	31.29	18.94
Period for which scheme's performance has been provided is computed basis last day of the month-end preceding the date of advertisement Different plans shall have a different expense structure. The performance details provided herein are of regular plan. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments

DSP Tax Saver Fund

Helps you save upto Rs. 46,800/-¹
Trusted by 10L+ investors²
20% CAGR over last 3 years³

Helps you save upto Rs. 46,800/-¹
Trusted by 10L+ investors ²
20% CAGR over last 3 years³

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Let's get you started:
Check how much you can save.

Your current taxable income?

Tax to be paid : 5,98,000

How much can you invest?

Tax to be paid (post ELSS investment) : 5,98,000

Your saving:

31,200

Bonus: Your investment of ₹ 1,00,000

will also earn interest.

Are you new to Mutual Funds?

Your saving:

31,200

Bonus: Your investment of ₹1,00,000

will also earn interest.

Save Tax Now

Are you new to Mutual Funds?

Returns
Insights
Frequently Asked Questions
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Set Reminder

Now, let's check how much you could have earned.⁴

invested ,

ago

is now worth

₹ 1,91,447 *

This gives you a total profit amount of ₹ 91,447

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* As of today

Here's how this compares with other tax-saving instruments ⁵

₹ 1,91,447

Public Provident Fund

₹ 1,47,786

Fixed Deposit

₹ 1,35,408

Invested amount

Profit

Still not convinced? Here are more reasons why you should consider DSP Tax Saver Fund!

33K+

Distributors have recommended this fund

4.8 times ⁶

How much your money would have grown in the last 10 years

9,000Cr+ ⁷

Size of fund (AUM)

15 years

Of consistent tax saving experience

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FAQs

What are ELSS Funds?

Equity-linked Saving Schemes (ELSS) funds are tax saving mutual funds, investing primarily in equity and equity related securities of corporates. They enable investors avail of a deduction from total income, as permitted under the Income Tax Act, 1961 under section 80C.

Who should invest in ELSS?

Even though the lock-in period is 3 years, we recommend investors stay invested for at-least 5 years. Invest in ELSS if you are willing to stay invested for the long-term, like any equity mutual fund.

Is there any tax associated with ELSS?

Long-Term Capital Gains (LTCG) tax is applicable on ELSS funds as the lock-in period is 3 years. Gains are taxed at 10% for gains over 1 lakh rupees.

I am investing in mutual funds for the first-time. How do I Invest?

No worries! First-time investors need to complete a one-time KYC to start investing in mutual funds. All you need is a PAN card and an address proof. More details on KYC can be found here To begin your KYC process, click here

How to save tax in India?

In India, a person can legitimately save his income taxes by investing his money in the popular tax savings options. One of the options is Section 80C. One can invest and claim Rs. 1.5 lakhs in the options available like PPF, EPF, Life insurance premium, tax-saving mutual funds (ELSS), children's tuition fees and housing loan principal repaid among others.

What is the maximum tax deduction that can be availed under 80C in a year?

Under section 80C, the maximum deduction that can be claimed under section 80C is Rs 1.5 lakh. One of the ways in which you can avail this benefit is by investing in ELSS schemes and save upto Rs 46,800 in tax

How much should I invest in ELSS?

The minimum investment is Rs. 500. There is no maximum limit on the amount you can invest in an ELSS scheme

What are the risks associated with ELSS Scheme?

There are various risks such as Market Liquidity Risk, Credit Risk, Re-investment Risk etc. associated with ELSS scheme. For complete risk factors and risk management strategies please refer the Scheme information document of scheme

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If you're feeling stuck or confused, let us help you.

You can drop your questions on [email protected] or call us on our toll free number 1800-208-4499 / 1800-200-4499

If you're feeling stuck or confused, let us help you.

You can drop your questions on [email protected] or call us on our toll free
number 1800-208-4499 / 1800-200-4499

Comparative performance in SEBI format of DSP Tax Saver Fund as of February 28,2022

Date of allotment: Jan 18, 2007. Period for which scheme's performance has been provided is computed basis last day of the month-end preceding the date of advertisement. Different plans shall have different expense structure. The performance details provided herein are of Regular Plan - Growth Option. Since inception returns have been calculated from the date of allotment till February 28, 2022.
^ Scheme Benchmark # Standard Benchmark

TRI – Total Return Index. ^Scheme Benchmark= NIFTY 500 TRI. #Standard Benchmark= NIFTY 50 TRI. Based on investment of 10,000 made at inception. Load is not taken into consideration for computation of performance. For the purpose of NAV date applicability, if the investment date happens to be a non-business day, next business day's NAV is applied. Investment on inception date can happen on a non-business day. The returns above 1 year periods are annualized. 1 Year is assumed as 365 days. Performance is always compared against the latest benchmark of the scheme irrespective of the date of change of scheme's benchmark, if any.
DSPTSF, which are benchmarked to the Nifty 500 Index, are not sponsored, endorsed, sold or promoted by NSE INDICES LIMITED (formerly known as India Index Services & Products Limited ("IISL"). NSE INDICES LIMITED is not responsible for any errors or omissions or the results obtained from the use of such index and in no event shall NSE INDICES LIMITED have any liability to any party for any damages of whatsoever nature (including lost profits) resulted to such party due to purchase or sale or otherwise, of DSPTSF marked to such index.

Rohit Singhania

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.

All Funds managed by Rohit Singhania

Sr. No.	Period	1 Year		3 Years		5 Years
		Scheme return (%)	Benchmark return (%)	Scheme return (%)	Benchmark return (%)	Scheme return (%)	Benchmark return (%)
1	DSP India T.I.G.E.R. Fund	51.58	26.53	22.04	21.31	20.43	24.83
2	DSP Tax Saver Fund	35.12	31.6	26.14	23	24.91	25.52
3	DSP Equity Opportunities Fund	31.2	37.04	22.33	25.19	22.45	27.96
4	DSP Natural Resources And New Energy Fund	42.8	47.75	22.09	16.46	20.3	13.73
Period for which scheme's performance has been provided is computed basis last day of the month-end preceding the date of advertisement Different plans shall have a different expense structure. The performance details provided herein are of regular plan - growth option. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments

Charanjit Singh

Charanjit has a total work experience of over 16 years. He joined DSP Investment Managers in September 2018 as Assistant Vice President in Equity Team Charanjit has also worked with B&K Securities, Axis Capital, BNP Paribas Securities, Thomas Weisel Partners, HSBC, IDC Corp and Frost & Sullivan.

He is a MBA in Finance and also holds a B.Tech in Electronics and Communication

All Funds managed by Charanjit Singh

Sr. No.	Period	1 Year		3 Years		5 Years
		Scheme return (%)	Benchmark return (%)	Scheme return (%)	Benchmark return (%)	Scheme return (%)	Benchmark return (%)
1	DSP Equity Opportunities Fund	31.2	37.04	22.33	25.19	22.45	27.96
2	DSP India T.I.G.E.R. Fund	51.58	26.53	22.04	21.31	20.43	24.83
3	DSP Tax Saver Fund	35.12	31.6	26.14	23	24.91	25.52
Period for which scheme's performance has been provided is computed basis last day of the month-end preceding the date of advertisement Different plans shall have a different expense structure. The performance details provided herein are of regular plan - growth option. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments

See all funds managed by Rohit Singhania

See all funds managed by Charanjit Singh

^1. Income tax benefits to unit holders will be based on prevailing tax laws.
^2.Source: Internal - Total number of people who ever invested in our ELSS.
^3. Compounded Annual Growth Rate (CAGR) for DSP Tax Saver Fund - Regular Plan, Growth Option (Scheme) for last 3 years ending on Feb 28, 2022.
^4. The amount is calculated based on Regular Plan- Growth option NAVs over the selected period ending yesterday (or the latest available NAV).
^5. The comparison with PPF, Bank Fixed Deposit (and other traditional saving instruments) has been given for the purpose of the general information only. Investments in mutual funds should not be construed as a promise, guarantee on or a forecast of any minimum returns. Unlike traditional saving instruments there is no capital protection guarantee or assurance of any return in mutual fund investment. Traditional savings instruments are comparatively low risk products and are backed by the Government (except 5- year recurring deposits). Investment in mutual funds carries high risk as compared to the traditional saving instruments and any investment decision needs to be taken only after consulting the Tax Consultant or Financial Advisor.
For FD Rates: Click here, For PPF Rates: Click here
^6. Source: Internal. Rs 1,000 invested in DSP Tax Saver Fund (Regular Plan, Growth Option) 10 years ago would have become Rs 4,867 on Feb 28, 2022
^7. Source: Internal - AUM value as on February 28, 2022.
The information above is for general information purposes only and should not be construed as legal/tax advice. Investors should consult their own tax consultant to understand specific tax implications arising out of their investment in the Scheme. Income tax benefits to the mutual fund & to unit holders are in accordance with prevailing tax laws. Equity Linked Saving Schemes (ELSS) or tax saving mutual fund schemes help investors save tax under Section 80C of the Income Tax Act, 1961. Investments in ELSS are subject to a lock-in period of 3 years and qualify for a tax deduction of up to Rs 1.5 lakh.
There is no assurance of any returns/potential/capital protection/capital guarantee to the investors in the Scheme. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments.
For complete details on investment objective, investment strategy, asset allocation, exit load, Lock in period, scheme specific risk factors please refer the scheme information document (‘SID'), statement of additional information and key information memorandum of the scheme, which are available at AMC and registrar offices and investor service centres/AMC website. Click Here
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.