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4 star

DSP Tax Saver Fund download report


Equity: ELSS

1 Lakh

Investment Grown to
₹ 1.49 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.52 Lakh

Suitability:

"When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. In addition, there is a tax benefit. Under Section 80C of the Indian income tax laws, investments of up to Rs 1.5 lakh in a financial year in eligible securities such as this fund are exempt from tax.

But be prepared for ups and downs in your investment value along the way. Also note that you cannot withdraw your money from this fund before completing three years from the date of investment.

Like for all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other ELSS, if you need to redeem your investment in less than five years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
DSP Tax Saver-G -9.91 0.97 2.57 -2.63 -8.43 -7.95 -1.22 14.29 11.42 12.42 16.57
S&P BSE 500 TRI -10.22 1.07 2.50 -2.78 -8.71 -8.19 0.25 13.34 11.33 11.40 14.03
Equity: ELSS -11.79 1.03 2.60 -2.31 -8.73 -9.80 -1.23 11.91 9.47 10.01 14.33
Rank within category 11 22 17 26 15 10 20 7 6 2 4
Number of funds in category 36 36 36 36 36 36 36 34 32 28 26

As on 24-Jun-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
DSP Tax Saver Fund
4 star
Jan-07 -1.22 14.29 11.42 1.78% 9,504
Axis Long Term Equity Fund
4 star
Dec-09 -10.79 9.40 9.92 1.55% 29,584
Mirae Asset Tax Saver Fund - Regular Plan  | Invest Online
5 star
Dec-15 -1.26 15.77 13.74 1.66% 11,805
Canara Robeco Equity Tax Saver Fund - Regular Plan  | Invest Online
5 star
Mar-93 -1.38 15.49 13.51 2.04% 3,602
IDFC Tax Advantage (ELSS) Fund - Regular Plan  | Invest Online
4 star
Dec-08 2.45 15.69 11.94 1.95% 3,570

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 17.28 13-May-2009 - 20-May-2009 -21.95 15-Jan-2008 - 22-Jan-2008
Month 30.64 11-May-2009 - 10-Jun-2009 -36.77 20-Feb-2020 - 23-Mar-2020
Quarter 74.06 09-Mar-2009 - 10-Jun-2009 -38.54 28-Jul-2008 - 27-Oct-2008
Year 120.67 09-Mar-2009 - 09-Mar-2010 -58.86 14-Jan-2008 - 13-Jan-2009

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
DSP Tax Saver-G 17.27 22.29 0.62 0.66 0.99 1.08
S&P BSE 500 TRI 16.28 22.07 0.58 0.66 -- --
Equity: ELSS 14.81 21.55 0.52 0.57 0.95 -0.78
Rank within category 7 25 6 8 27 7
Number of funds in category 34 34 34 34 34 34

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-May-2022

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 54
Top 10 Stocks (%) 49.51
Top 5 Stocks (%) 36.11
Top 3 Sectors (%) 52.74
Portfolio P/B Ratio 2.72
Portfolio P/E Ratio 18.08

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,13,845 1,36,894
Giant (%) 51.30 53.53
Large (%) 18.55 17.41
Mid (%) 24.90 22.72
Small (%) 5.25 6.68
Tiny (%) -- 0.21

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal ICICI Bank Financial 19.77 10.26 7.12 9.76
up HDFC Bank Financial 19.76 9.53 5.92 8.07
up Infosys Technology 27.44 8.92 1.83 7.25
down Axis Bank Financial 13.79 7.28 0.62 5.83
up State Bank of India Financial 11.46 5.20 0.00 5.20
up SBI Life Insurance Company Insurance 71.64 3.10 0.00 3.10
equal Bharti Airtel Communication 92.91 8.47 0.00 2.60
up Sun Pharmaceutical Industries Healthcare 60.42 2.64 0.00 2.57
equal Mahindra & Mahindra Automobile 20.26 2.57 0.00 2.57
up HCL Technologies Technology 19.43 3.58 0.00 2.56
down NTPC Energy 8.75 2.77 1.49 2.56
up Dr. Reddy's Lab Healthcare 32.85 3.07 0.00 2.35
down GHCL Chemicals 8.18 2.09 0.00 1.90
up SBI Cards & Payments Services Financial 44.36 2.01 0.00 1.89
down ACC Materials 23.22 2.26 0.97 1.78
up Hero Motocorp Automobile 23.67 2.71 0.00 1.71
equal GAIL Energy 4.74 2.16 0.00 1.70
down Ultratech Cement Materials 21.48 3.11 0.94 1.70
down Crompton Greaves Consumer Electricals Consumer Discretionary 37.55 2.29 0.00 1.63
up Emami Consumer Staples 21.07 1.80 0.00 1.60
equal LIC Housing Fin. Financial 7.71 1.58 0.00 1.58
equal Bharat Electronics Capital Goods 23.69 1.57 0.00 1.57
up Container Corporation Of India Services 35.94 1.93 0.68 1.44
up Bharat Petroleum Corporation Energy 5.72 2.41 0.00 1.33
equal Gujarat State Petronet Energy 7.44 1.49 0.00 1.28

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-May-2022

Fund Manager

— Charanjit Singh since 01-Jan-2021

Education: Mr. Singh is a B. Tech - Electronics and Communication, MBA - Finance & Systems

Experience: Prior to joining DSP Mutual Fund, he has worked with Capital Goods, Power & Infra at B&K Securities India, Capital Goods and Infra at Axis Capital Ltd., BNP Paribas India Securities, Thomas Weisel Partners, HSBC, IDC Corp. and Frost & Sullivan.

Funds Managed:

— Rohit Singhania since 16-Jul-2015

Education: Mr. Singhania is an MMS.

Experience: Prior to joining DSP AMC he has worked with HDFC Securities Ltd. and IL&FS Investsmart Limited.

Interviews:

Funds Managed:


0.97%

Change from previous, NAV as on 24-Jun-2022

Growth: ₹ 72.2870

IDCW: ₹ 17.1590


Investment Strategy

The scheme seeks 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 deduction from total income, as permitted under the income tax act.

Investment Details

Min. Investment (₹) 500
Min. Addl Investment (₹) 500
Min. SIP Investment (₹) 500
Min. No of Cheques 6
Min. Withdrawal (₹) 500
Min. Balance (₹) 500
Lock-in Period 3 Years
Exit Load 0

Basic Details

Fund House: DSP Mutual Fund
Launch Date: 18-Jan-2007
Return Since Launch: 13.67%
Benchmark: NIFTY 500 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 9,504 Cr (As on 31-May-2022)
Expense: 1.78% (As on 31-May-2022)
Risk Grade: Average
Return Grade: Above Average
Turnover: 50.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW19-May-20220.4400

 17-Feb-20220.4000
 15-Nov-20210.4000
 13-Aug-20210.5000
 14-May-20210.4000
 12-Feb-20210.7100
 05-Nov-20200.3000
 14-Feb-20200.4000
 08-Nov-20190.4000
 09-Aug-20190.4000
 10-May-20190.4000
 08-Feb-20190.4500
 09-Nov-20180.4500
 10-Aug-20180.4500
 11-May-20180.4500
 09-Feb-20180.4500
 10-Nov-20170.4500
 11-Aug-20170.4300
 12-May-20170.4000
 10-Feb-20170.4000
 18-Nov-20160.4000
 19-Aug-20160.4000
 20-May-20160.4500
 12-Feb-20160.4500
 20-Nov-20150.4500

Contact Information

AMC: DSP Investment Managers Pvt. Ltd.

Address: NATRAJ, Office No. 302-3rd Floor-Plot No. 194, MV Road Junction Western Express Highway, Andheri East Mumbai - 400069

Phone: 1800-208-4499 / 1800-200-4499

Fax: 022-56578181

Website: https://www.dspim.com/

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]nline.com

Website: www.camsonline.com

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