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DSP Tax Saver Fund

DSP Tax Saver Fund

Benchmark: NIFTY 500 TRI info icon

10.41 lakh people have invested in this fund

View performance details

Return:

This fund

18.00%

NIFTY 500 TRI

14.30%

NIFTY 50 TRI

14.15%

Invested

Earning

This fund

18.00%

NIFTY 500 TRI

14.30%

NIFTY 50 TRI

14.15%

team 10.41 lakh people have invested in this fund as of

This is an Equity Tax-saving, ELSS fund with NIFTY 500 TRI as its benchmark. The risk level for this fund is categorized as Very High Risk.

Total AUM

9,503.67 crores as of May 31, 2022

Age of Fund

9 years 5 months since Jan 01, 2013

Expense Ratio

0.84% as of Jun 24, 2022

Exit Load

Nil  

Ideal holding period

Long-term Horizon / 3 years lock-in

Holdings

  as of May 31, 2022

ICICI Bank Limited

9.76%

HDFC Bank Limited

8.07%

Infosys Limited

7.25%

Axis Bank Limited

5.83%

State Bank of India

5.20%

SBI Life Insurance Company Limited

3.10%

Bharti Airtel Limited

2.60%

Large Cap

69.30%

Mid Cap

19.00%

Small Cap

11.20%

Uncategorized

0.30%

Banks

29.20%

It - Software

10.60%

Pharmaceuticals & Biotechnology

7.90%

Automobiles

5.50%

Consumer Durables

4.70%

Rolling Returns

Bars show distribution of returns in given range for selected time period.

View performance details

Things to know before you invest

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  1. This is an Equity Linked Savings Scheme (ELSS).
  2. Investing in this fund allows you to avail a tax deduction on up to Rs 1.5 lakh annually under Sec 80C of Income Tax Act 1961.
  3. It invests in established as well as emerging companies across market caps to provide a combination of growth & stability.
  1. You can save up to Rs 46,800 by investing up to Rs 1.5 lakh in this fund.
  2. It also helps you aim to grow your wealth by investing in a mix of large & mid-sized companies, offering growth at reasonable prices.
  3. Lowest lock-in period of 3 years as compared to other tax saving options under Section 80C.
  4. Can help you beat the impact of rising prices over the long-term.
  1. Consider this fund if you
    • Want to save tax.
    • Have the patience & mental resilience to remain invested for a decade or more.
    • Recognize market falls as good opportunities to invest even more.
    • Accept that equity investing means exposure to risk.
    • Do not chase the highest possible returns at all times.
  1. This fund carries Very High Risk.
  2. There is a lock-in period of 3 years, once you invest.
  3. Expect short term return fluctuations, esp. during periods of market ups & downs.

Fund managers:

Rohit Singhania

Rohit Singhania

Managing this fund since July 2015.
Managing this fund since July 2015.

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Charanjit Singh

Charanjit Singh

Managing this fund since January 2021.
Managing this fund since January 2021.

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Portfolio

Prescribed asset allocation: 80% - 100% Equity Securities , 0% - 20% Investments in ADRs, GDRs and foreign securities , 0% - 20% *Debt and Money Market Securities

Current Allocation as of May 31, 2022

Top holdings

ICICI Bank Limited

9.76%

HDFC Bank Limited

8.07%

Infosys Limited

7.25%

Axis Bank Limited

5.83%

State Bank of India

5.20%

Allocation by Market Cap

Large Cap

69.30%

Mid Cap

19.00%

Small Cap

11.20%

Uncategorized

0.30%

Top Sectors

Banks

28.86%

It - Software

10.49%

Pharmaceuticals & Biotechnology

7.79%

Automobiles

5.44%

Consumer Durables

4.60%

Top holdings

TREPS / Reverse Repo Investments / Corporate Debt Repo

1.08%

Cash & cash equivalents

0.18%

Credit rating profile

Cash & Equivalent

101.90%

Instrument break-up

TREPS

100.00%


Indicators

Portfolio turnover ratio

0.50 last 12 months

Standard Deviation

22.29 %

Sharpe Ratio

0.51

Beta

0.99

R-Squared

96.69 %

Compare Performance

Performance highlights over last

for

investment

Cumulative returns on

Annual returns

Current value

Min CAGR:
MedianCAGR:
Max CAGR:

Good Returns

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Negative Returns

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vs Fixed Deposit

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vs Category

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vs Benchmark

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  • Historical Returns (As per SEBI format)with investment of10,000

This fund NIFTY 500 TRI ^ NIFTY 50 TRI #
CAGR Current Value CAGR Current Value CAGR Current Value

Income distribution Cum Capital Withdrawal (IDCW) Distributed

Record Date IDCW per unit NAV Before NAV After

Chart type

Invested as

Invested Amount

Invested since

This fund

Vs

NIFTY 500 TRI

NIFTY 50 TRI

Gold

PPF

Funds Annual returns Current Value Absolute Growth

Chart type:

Invested as

Invested Amount

Invested period

Funds Minimum Median Maximum % times -ve returns % times returns > 7%

Date of allotment: Jan 01, 2013.

Period for which fund's performance has been provided is computed based on 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 Direct Plan.

Since inception returns have been calculated from the date of allotment till June 30, 2021

Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments

Rolling returns have been calculated based on returns from regular plan growth option.

^ Fund Benchmark # Standard Benchmark

Fund Details

Fund Details

Investment 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 avail of a deduction from total income, as permitted under the Income Tax Act, 1961 from time to time.
There is no assurance that the investment objective of the Scheme will be realized.

Fund Type

Equity – Tax-saving
ELSS Fund

An open ended equity linked saving scheme with a statutory lock in of 3 years and tax benefit

Riskometer

Level of Risk in the fund

View details
Investors understand that their
principal will be at Very High Risk

Minimum Investment

Rs.  500 Lumpsum
Rs.  500 SIP– 6 instalments
Rs.  500 Minimum Additional Purchase

team 10.41 lakh peoplehave invested in this fund as of