DSP ELSS Tax Saver Fund

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

₹12,615.07 crores as of Nov 30, 2023

Age of Fund

16 years 10 months since Jan 18, 2007

Expense Ratio

1.66% as of Dec 07, 2023

Exit Load

Nil

Ideal holding period

10 Years+ / 3 years lock-in

Holdings

as of Nov 30, 2023

HDFC Bank Limited

7.42%

ICICI Bank Limited

6.10%

Axis Bank Limited

3.73%

State Bank of India

3.45%

Mahindra & Mahindra Limited

3.17%

Infosys Limited

2.95%

Hindustan Unilever Limited

2.72%

See all 67 holdings

Rolling Returns

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

View performance details

Things to know before you invest

What is in DSP ELSS Tax Saver Fund?

This is an Equity Linked Savings Scheme (ELSS).
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.
It invests in established as well as emerging companies across market caps to provide a combination of growth & stability.

Why should one invest in DSP ELSS Tax Saver Fund?

You can save up to Rs 46,800 by investing up to Rs 1.5 lakh in this fund.
It also helps you aim to grow your wealth by investing in a mix of large & mid-sized companies, offering growth at reasonable prices.
Lowest lock-in period of 3 years as compared to other tax saving options under Section 80C.
Can help you beat the impact of rising prices over the long-term.

Who should invest in DSP ELSS Tax Saver Fund?

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.

Rethink before you invest

Tax Saver fund carries Very High Risk.
There is a lock-in period of 3 years, once you invest.
Expect short term return fluctuations, especially during periods of market ups & downs.
In the past, there has been an occasion where this fund's NAV fell by more than 59% in 1 year.
Over any 3 year rolling time period, this fund gave negative returns 4% of the times.

Fund managers:

Rohit Singhania

Managing this fund since July 2015.

See funds managed by him

See his investing philosophy

Managing this fund since July 2015.

See funds managed by him

See his investing philosophy

Charanjit Singh

Managing this fund since July 2015.

See funds managed by him

Managing this fund since July 2015.

See funds managed by him

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 Asset 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 Asset 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.

Sr. No.	Scheme Name	Managing since	Period
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 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

Sr. No.

Scheme Name

Managing since

Period

1 Years

3 Years

5 Years

Scheme return (%)

Benchmark return (%)

Scheme return (%)

Benchmark return (%)

Scheme return (%)

Benchmark return (%)

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 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

Charanjit has a total work experience of over 16 years.
He joined DSP Mutual Fund 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.

Sr. No.	Scheme Name	Managing since	Period
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 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

Sr. No.

Scheme Name

Managing since

Period

1 Years

3 Years

5 Years

Scheme return (%)

Benchmark return (%)

Scheme return (%)

Benchmark return (%)

Scheme return (%)

Benchmark return (%)

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 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

Portfolio

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

Current Allocation

as of Nov 30, 2023

Equity 97.62%
Debt / cash 2.49%

Equity
Debt / Cash

Top holdings

HDFC Bank Limited

7.42%

ICICI Bank Limited

6.10%

Axis Bank Limited

3.73%

State Bank of India

3.45%

Mahindra & Mahindra Limited

3.17%

Allocation by Market Cap

Large Cap

62.70%

Mid Cap

25.70%

Small Cap

11.00%

Uncategorized

0.40%

Top Sectors

Banks

22.78%

Pharmaceuticals & Biotechnology

9.51%

It - Software

9.15%

Finance

8.29%

Automobiles

5.73%

See all 67 holdings

Top holdings

TREPS / Reverse Repo Investments / Corporate Debt Repo

2.49%

Cash & cash equivalents

-0.11%

Credit rating profile

Cash & Equivalent

100.40%

Instrument break-up

TREPS

100.00%

See 1 holding

Indicators

Portfolio turnover ratio

0.37 last 12 months

Standard Deviation

14.27 %

Sharpe Ratio

1.19

Beta

0.94

R-Squared

92.31 %

Compare Performance

Performance highlights over last

for

investment

Cumulative returns on

Annual returns

Current value

Min CAGR:

MedianCAGR:

Max CAGR:

Good Returns

Negative Returns

vs Fixed Deposit

vs Category

vs Benchmark

Historical Returns (As per SEBI format)as of with investment of₹10,000

	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

Graph viewTable view

Invested as

Invested Amount

₹

Invested since

This fund

NIFTY 500 TRI

NIFTY 50 TRI

Gold

PPF

	Funds	Annual returns	Current Value	Absolute Growth	IDCW paid

Chart type:

Returns RangesStatistics

Invested as

Invested Amount

₹

Invested period

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

Date of allotment: Jan 18, 2007.

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 Regular 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

Scheme disclaimers

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

Minimum Investment

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

Fund Documents

Fund presentation

KIM and Applications

Name	% of Net Assets
HDFC Bank Limited	7.42%
ICICI Bank Limited	6.10%
Axis Bank Limited	3.73%
State Bank of India	3.45%
Kotak Mahindra Bank Limited	1.11%
AU Small Finance Bank Limited	0.97%

Name	% of Net Assets
Sun Pharmaceutical Industries Limited	1.98%
IPCA Laboratories Limited	1.45%
Cipla Limited	1.09%
Suven Pharmaceuticals Limited	1.08%
Alkem Laboratories Limited	1.04%
Alembic Pharmaceuticals Limited	1.02%
Dr. Reddy's Laboratories Limited	0.99%
Lupin Limited	0.50%
Pfizer Limited	0.36%

Name	% of Net Assets
Infosys Limited	2.95%
HCL Technologies Limited	2.52%
Coforge Limited	1.94%
Tech Mahindra Limited	1.33%
MphasiS Limited	0.41%

Name	% of Net Assets
Power Finance Corporation Limited	2.72%
Bajaj Finance Limited	1.74%
SBI Cards and Payment Services Limited	1.27%
REC Limited	1.25%
IIFL Finance Limited	1.13%
Indian Renewable Energy Development Agency Limited	0.18%

Name	% of Net Assets
Mahindra & Mahindra Limited	3.17%
Tata Motors Limited	2.56%

Name	% of Net Assets
Samvardhana Motherson International Limited	1.46%
Exide Industries Limited	1.40%
Schaeffler India Limited	0.25%

Name	% of Net Assets
Hindustan Petroleum Corporation Limited	1.60%
Bharat Petroleum Corporation Limited	1.50%

Name	% of Net Assets
Hindustan Unilever Limited	2.72%

Name	% of Net Assets
GAIL (India) Limited	1.75%
Gujarat State Petronet Limited	0.82%

Name	% of Net Assets
NTPC Limited	2.43%

Name	% of Net Assets
SBI Life Insurance Company Limited	1.43%
Max Financial Services Limited	0.96%

Name	% of Net Assets
Century Plyboards (India) Limited	1.01%
Crompton Greaves Consumer Electricals Limited	0.75%
Whirlpool of India Limited	0.55%

Name	% of Net Assets
UltraTech Cement Limited	1.16%
ACC Limited	1.08%

Name	% of Net Assets
Gujarat Fluorochemicals Limited	0.98%
GHCL Limited	0.59%
Atul Limited	0.49%

Name	% of Net Assets
Ahluwalia Contracts (India) Limited	0.85%
KNR Constructions Limited	0.59%
G R Infraprojects Limited	0.51%

Name	% of Net Assets
Bharat Forge Limited	1.41%
Finolex Cables Limited	0.52%

Name	% of Net Assets
Bharti Airtel Limited	1.63%
Bharti Airtel Limited - Partly Paid Shares	0.15%

Name	% of Net Assets
Coromandel International Limited	1.14%
Chambal Fertilizers & Chemicals Limited	0.51%

Name	% of Net Assets
Oil & Natural Gas Corporation Limited	1.59%

Name	% of Net Assets
Emami Limited	1.55%

Name	% of Net Assets
Hindalco Industries Limited	1.49%

Name	% of Net Assets
Container Corporation of India Limited	1.25%

Name	% of Net Assets
Bharat Electronics Limited	1.20%

Name	% of Net Assets
Vardhman Textiles Limited	1.02%
GHCL Textiles Limited	0.12%

Name	% of Net Assets
The Phoenix Mills Limited	1.03%

Name	% of Net Assets
KEC International Limited	1.02%

Name	% of Net Assets
Marico Limited	0.91%

Name	% of Net Assets
Jindal Steel & Power Limited	0.74%

Name	% of Net Assets
TREPS / Reverse Repo Investments / Corporate Debt Repo	2.49%

Email ID
Mobile no.

Email ID	ABH************[email protected]
Mobile no.	******6665

Email ID

ABH************[email protected]

Mobile no.

******6665

	Folio no.	Email ID	Mobile no.
	70****76	abh************[email protected]	******6665
	42***02	abh************[email protected]	******6665

Folio no.

Email ID

Mobile no.

70****76

abh************[email protected]

******6665

42***02

abh************[email protected]

******6665

DSP ELSS Tax Saver Fund

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.

Things to know before you invest

What is in DSP ELSS Tax Saver Fund?

Why should one invest in DSP ELSS Tax Saver Fund?

Who should invest in DSP ELSS Tax Saver Fund?

Rethink before you invest

Fund managers:

Portfolio

Current Allocation

Indicators

Compare Performance

Invested Amount

Invested Amount

Fund Details

Fund Details

Investment Objective

Fund Type

Riskometer

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Fund Documents

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