DSP Tax Saver Fund - Direct Plan - Growth - Latest NAV ₹70.148, Returns, Performance & Portfolio

DSP Tax Saver Fund - Direct Plan - Growth

  • highlight
    19.81%
  • highlight
    (+0.98)70.148

Min amount: ₹500

Calculate Returns

Rs. 500 invested monthly becomes Rs. 15.36 Lakhs in a period of 20 years
  • Save up to Rs 46,800 in taxes every year.
  • Highest returns compared to other 80C investments.
  • Lowest lock-in of 3 years
Tax Saving FDPPFELSS
Average Annualised Returns i
6%8%12%
Tax rates i
30%Not taxable10%*
Returns after tax i
4.2%8.00%10.80%
Current rate of Inflation i
4%4%4%
Real Rate of Return i
0.2%4.00%6.80%
Lock-in Period i
5 years15 years3 years
*Taxable @ 10% over and above Rs 1 lakh.

Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years19.81%
3 Years13.71%
1 Year28.82%
6 Months33.48%
Fund Details
ISININF740K01OK1
RiskModerately High risk
Fund TypeELSS (Tax Savings)
NAV70.148
Exit Load--

More about this fundstar

Top HoldingsWeightage
ICICI Bank Ltd8.56%
Infosys Ltd8.06%
HDFC Bank Ltd7.07%
Bharti Airtel Ltd5.3%
Axis Bank Ltd3.94%
State Bank of India3.63%
Hindustan Unilever Ltd2.89%
Tata Steel Ltd2.42%
Dr Reddy's Laboratories Ltd2.33%
UltraTech Cement Ltd2.3%

About DSP Tax Saver Fund

DSP Tax Saver Fund, as the name suggests, is an open-ended equity-linked savings scheme that offers tax benefits under section 80C of the Income Tax Act, 1961. Those who are seeking income tax deduction can save up to Rs.46,800 per financial year by investing in this tax-saver fund. In addition, the fund looks at long-term capital appreciation and allocates funds to equity and equity-related securities of corporates.

Pros and Cons of DSP Tax Saver Fund

Investing in DSP Tax Saver Fund can help you save income tax, while offering an opportunity to grow your capital. The exit load is zero. Also, the returns on redemption is higher than the category average returns based on the historic data. However, the investment objective of the fund may not be achieved.

Fund Information and Statistics

i) Inception/Launch Date DSP Tax Saver Fund was launched on 1 January 2013.

ii) Risk Level The fund involves a moderately high risk profile. Also, the fund does not assure that the investment objective will be realised.

iii) Redemption Since DSP Tax Saver Fund is a tax saving instrument, a lock-in period of 3 years is applicable for the units purchased.

iv) Fund Manager Mr Rohit Singhania is the current Fund Manager for DSP Tax Saver Fund.

v) Entry/Exit Load This equity-linked savings scheme comes with nil exit load. Entry load is not applicable to mutual fund purchases as per the order of SEBI.

About DSP Group

DSP Group, a premier asset management company, was set up on 13 May 1996. The company registered with the Securities and Exchange Board of India on 30 January 1997. The sponsors for the fund house are DSP HMK Holdings Private and DSP ADIKO Holdings Private Limited. The trustee for the fund house is DSP Trustee Private Limited.

Related Articlesstar

Customer Reviewsstar

  • " Great investing experience! Contacted the support with queries.. Got immediate response and all my doubts clarified. Will definitely recommend ClearTax to friends "

    IT Developer, Bangalore
  • " I am new to investments and got all the information I need on your website. The suggestions for mutual fund investments and tax savings are great. "

    Software Engineer, Indore
  • " Investing through ClearTax is super easy and simple. It is extremely helpful for investors with less finance knowledge. "

    Campus Manager, Bangalore

Invest Now in 3 Easy Stepsstar

  • 1
  • 2
  • 3

Why ClearTax Invest?

  • checkOur experts do all the research and offer only the BEST mutual funds
  • checkTrusted by Over 25 Lakh Indians
  • checkInvest in just 5 minutes
  • checkNo paperwork required
  • checkSimple and easy to use

Frequently Asked Questions

  • Read More

Min amount: ₹500

Calculate Returns

Rs. 500 invested monthly becomes Rs. 15.36 Lakhs in a period of 20 years
Moderately High risk

All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,

  • High Risk = High possible returns
  • Low Risk = Stable, relatively lower returns