DSP Tax Saver Fund Growth - Latest NAV ₹49.235, Returns, Performance & Portfolio

DSP Tax Saver Fund Growth

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Start your investment

Min amount: ₹500

Calculate Returns

Rs. 10,000 invested one time becomes Rs. 53,627 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
Average Annualised Returns i
Tax rates i
30%Not taxable10%*
Returns after tax i
Current rate of Inflation i
Real Rate of Return i
Lock-in Period i
5 years15 years3 years
*Taxable @ 10% over and above Rs 1 lakh.

Fund Summarystar

PeriodReturns(per year)
10 Years10.16%
5 Years8.76%
3 Years2.25%
1 Year0.07%
6 Months24.96%
Fund Details
RiskModerately High risk
Fund TypeELSS (Tax Savings)
Exit Load--

More about this fundstar

Top HoldingsWeightage
ICICI Bank Ltd9.2%
HDFC Bank Ltd9.19%
Bharti Airtel Ltd6.85%
Infosys Ltd6.73%
State Bank of India4.1%
Reliance Industries Ltd3.35%
Dr Reddy's Laboratories Ltd3.07%
Housing Development Finance Corp Ltd2.5%
UltraTech Cement Ltd2.14%
Manappuram Finance Ltd2.13%

About DSP Tax Saver Fund

DSP Tax Saver Fund is an equity-linked saving scheme (ELSS) that constitutes of equity funds and equity-related securities of corporates portfolio. The aim of this fund is to generate medium to long-term capital value and enable investors to avail deduction under Section 80C.

Pros & Cons of DSP Tax Saver Fund

The Fund has managed to deliver good results so far, in spite of competition in this particular category of funds. DSP BlackRock Tax Saver Fund would need more time to mature and upgrade in this category. Currently, the fund performance is neutral.

Fund Information and Statistics of DSP Tax Saver Fund

i) Inception / Launch date

This fund was launched on 18 January 2007 by DSP Investment Managers

ii) Risk level

Risk is moderately high as fund’s performance is driven by the market’s wide fluctuations

iii) Redemption

Being an ELSS tax saver fund, it can be redeemed after a minimum lock-in period of 3 years, under normal circumstances, the fund house will dispatch the redemption proceeds to the respective bank account within 10 business days from date of receipt of the request.

iv) Fund Manager

Rohit Singhania is an experienced fund manager who has been managing this fund since July 2015.

v) Entry / Exit load

Exit load for this fund is 0%. However, an expense ratio of 2.08% will be applied every year.

Tax benefits of investing in DSP Tax Saver Fund

This fund gives you tax benefit under Section 80C . One can get tax benefit up to Rs 1.5 lakh investment. The fund also has dividend options based solely on fund house discretion. For this fund, short-term capital gains made on the sale of units within 1 year from the date of allotment will be taxed at the rate of 15%. The long-term capital gains, over and above Rs 1 lakh, made on the sale of units after 1 year from the date of allotment will be taxable at the rate of 10% (without indexation).

About DSP Mutual Fund

DSP Muual fund is one of the oldest financial services firm in India who commenced business with stock broking business in the 1860s. DSP Investment Managers is the asset management company of this group.

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Start your investment

Min amount: ₹500

Calculate Returns

Rs. 10,000 invested one time becomes Rs. 53,627 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