DSP ELSS Tax Saver Fund Direct Growth
Equity
Direct
Elss (Tax Savings)
NAV as on 03-01-2025
₹ 151.22
▲1.5%
1D
Inception Returns
18.9%
/yr
About DSP ELSS Tax Saver Fund Direct Growth
DSP ELSS Tax Saver Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Rohit Singhania. The fund could potentially beat inflation in the long-run.
Key Parameters
- DSP ELSS Tax Saver Fund Direct Growth has ₹16835 Cr worth of assets under management (AUM) as on Nov 2024 and is more than category average.
- The fund has an expense ratio 0.7.
Returns
DSP ELSS Tax Saver Fund Direct Growth has given a CAGR return of 18.86% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 27.33%, 20.82% and 22.55% respectively.
Holdings
DSP ELSS Tax Saver Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Health, Basic Materials, Tech, Industrial, Consumer Defensive, Communication, Energy, Utilities. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, State Bank of India, Infosys Ltd, Axis Bank Ltd
Taxation
As it is a elss (tax savings) mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of DSP ELSS Tax Saver Fund Direct Growth
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 to avail of a deduction from total income, as permitted under the Income Tax Act, 1961 from time to time.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 500.00. There is a lock in period for DSP ELSS Tax Saver Fund Direct Growth of 3 Years
Historical NAV & Returns
Annualised
▲
▼
18345 people have invested ₹ 8.4Cr in DSP ELSS Tax Saver Fund Direct Growth in the last three months
INDmoney Rank for DSP ELSS Tax Saver Fund Direct Growth
Powered by IND quant engine
5
/23
66% Performance
48% Risk Management
80% Cost
5 out of 23 among elss (tax savings)
Generated Consistent Returns
Larger AUM within category
5Y returns in the top 25% of the category
No bad points found for this fund.
DSP ELSS Tax Saver Fund Direct Growth Overview
| Expense ratio | 0.74% |
Benchmark | S&P BSE 200 India TR INR |
| AUM | ₹16835 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹500/₹500 |
| Exit Load | 0% |
| Lock In | 3 Years |
TurnOver | 35.05% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (03-Jan-25)
Fund Distribution
as on (30-Nov-24)
Large cap
63.7%
Mid cap
18.1%
Small cap
15.1%
Sector Allocation
Financial Services
38%
Consumer Cyclical
10.4%
Health
9.3%
Basic Materials
8.9%
Tech
8.3%
Industrial
7.9%
Consumer Defensive
5.2%
Communication
4.1%
Energy
4%
Utilities
3.8%
All changes are between Sep'24 and Nov'24
- This fund’s returns stands at 0.04% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.60% as on Nov'24
- This fund outperformed Nifty 500 by 0.64% in Nov'24
- AUM of the fund stands at 16.8K Cr as of Nov'24
- AUM decreased by 6.4 Cr between Nov'24 and Oct'24
Top Stocks bought last month
Larsen & Toubro Ltd's allocation increased from 2.05% to 2.37%
Laurus Labs Ltd's allocation increased from 0.49% to 0.8%
Kotak Mahindra Bank Ltd's allocation increased from 2.63% to 2.93%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 9.53 % to 9.45 %
ICICI Bank Ltd's allocation decreased from 7.53 % to 7.16 %
State Bank of India's allocation decreased from 4.07 % to 3.92 %
Small Cap allocation has gone up from 15.1% to 15.1%
Mid Cap allocation has gone down from 18.3% to 18.1%
Cash allocation has gone down from 2.9% to 2.5%
Top 3 Sectors in November were Financial Services, Consumer Cyclical & Basic Materials
Nov'24
Financial Services
38%
Consumer Cyclical
10%
Health
9%
Oct'24
Financial Services
39%
Consumer Cyclical
10%
Basic Materials
9%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 9.45% | -4.2% | |
 ICICI Bank Ltd | 7.16% | -5.4% | |
 State Bank of India | 3.92% | -5.9% | |
 Infosys Ltd | 3.71% | 0% | |
 Axis Bank Ltd | 3.46% | 2.1% |
See all
See all
Top Growth Drivers | 1M Return |
|---|---|
 K E C International Ltd | 13.3% |
 Coforge Ltd | 10.5% |
 Ipca Laboratories Ltd | 10.4% |
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Rohit Singhania
Fund Manager of DSP ELSS Tax Saver Fund Direct Growth, since 16 July 2015
Top funds managed
Fund House
DSP Asset Managers Private Limited
Total Schemes
Total AUM
₹1.28L Cr
as on 30-Sep-2023
Address
India
Phone
91-22-66578000
Website
service@dspblackrock.com
Mutual Fund Insights
In the last 5 years, Quant ELSS Tax Saver Growth Option Direct Plan has given 32.59% return, outperforming this fund by 10.04% per annum.
In the last 1 year, Motilal Oswal ELSS Tax Saver Fund Direct Plan Growth has given 50.38% return, outperforming this fund by 23.05%.
Over the last 3 months, this fund has experienced a 3.7% drop in AUM moving from 17.48K Cr to 16.83K Cr.
This fund expense ratio is slightly on the lower side within the category (elss (tax savings)). Its expense ratio is 0.74% which is lower than the category average expense ratio of 1.28%.
In the last 3 years, Motilal Oswal ELSS Tax Saver Fund Direct Plan Growth has given 29.4% return, outperforming this fund by 8.57% per annum.
DSP ELSS Tax Saver Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 18.86% since inception which is more than its category average return of 15.82%
Fund Allocations
This fund has an allocation of 97.5% in Equity, 0% in Debt and 2.5% in Cash related instruments
AUM size ₹16835 Cr
This fund has AUM of ₹16835 Cr which is more than its category average of ₹ 3945 Cr
Expense Ratio 0.74%
This fund has an expense ratio of 0.74% which is less than its category average expense ratio of 1.45%
Frequently Asked Questions for DSP ELSS Tax Saver Fund Direct Growth
The current NAV of DSP ELSS Tax Saver Fund Direct Growth is ₹151.22 as on 03-Jan-2025.
Existing (Absolute + CAGR) as on 03-Jan-2025.
DSP ELSS Tax Saver Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.35% | 0.35% |
6 Month Returns | 4.43% | 4.43% |
1 Year Returns | 27.33% | 27.33% |
3 Years Returns | 76.38% | 20.82% |
5 Years Returns | 176.45% | 22.55% |
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0.74% as on December 2024
₹16835 Cr as on December 2024
HDFC Bank Ltd(9.45%), ICICI Bank Ltd(7.16%), State Bank of India(3.92%), Infosys Ltd(3.71%), Axis Bank Ltd(3.46%) as on December 2024
Financial Services(37.09%), Consumer Cyclical(10.17%), Health(9.02%) as on December 2024
The alpha ratio for the DSP ELSS Tax Saver Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
DSP ELSS Tax Saver Fund Direct Growth | 7.08 | 4.38 | 3.07 |
As on December 2024
The alpha for DSP ELSS Tax Saver Fund Direct Growth is calculated against S&P BSE 200 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the DSP ELSS Tax Saver Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
DSP ELSS Tax Saver Fund Direct Growth | 1.05 | 0.96 | 0.99 |
As on December 2024
The Beta for DSP ELSS Tax Saver Fund Direct Growth is calculated with S&P BSE 200 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the DSP ELSS Tax Saver Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
DSP ELSS Tax Saver Fund Direct Growth | 1.31 | 0.98 | 0.88 |
As on December 2024
The sharpe ratio for DSP ELSS Tax Saver Fund Direct Growth is calculated with S&P BSE 200 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the DSP ELSS Tax Saver Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
DSP ELSS Tax Saver Fund Direct Growth | 12.51 | 13.48 | 19.29 |
As on December 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 1.85 as on December 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.28 as on December 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Rohit Singhania is the fund manager of DSP ELSS Tax Saver Fund Direct Growth
The Exit load of DSP ELSS Tax Saver Fund Direct Growth is 0%