Compare Funds

Detailed comparison on parameters like NAV | Returns | Risk | Rating | Analysis

DSP ELSS Tax Saver Direct Plan Growth

Equity
ELSS
4.0
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Axis ELSS Tax Saver Direct Plan Growth

Equity
ELSS
1.0
INVEST NOW

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DSP ELSS Tax Saver Direct Plan Growth

(41.2%)

Axis ELSS Tax Saver Direct Plan Growth

(34.9%)
1Y
3Y
5Y
Fund Details
RiskVery HighVery High-
Min SIP Amount₹500₹500-
Expense Ratio0.76%0.76%-
NAV₹125.7 (18-Apr-2024)₹94.8 (18-Apr-2024)-
Fund Started01-Jan-201301-Jan-2013-
Fund Size₹14,076Cr₹35,474Cr-
Exit LoadNilNil-
Returns
1Y
41.2%
34.9%
-
3Y
21.6%
12.6%
-
5Y
19.9%
14.8%
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Pros & Cons
Pros
1. Consistently higher annualised returns than category average for the past 1Y, 3Y, 5Y and 10Y
2. Higher alpha: 2.37 The fund has generated returns higher than benchmark - NIFTY 500 Total Return Index - in the last 3Y
3. Exit load is zero
4. Lower expense ratio: 0.76%
1. Exit load is zero
2. Lower expense ratio: 0.76%
3. 10Y annualised returns higher than category average by 1.0%
-
Cons
1. Lock-in period: 3Y
1. Consistently lower annualised returns than category average for the past 1Y, 3Y and 5Y
2. Lock-in period: 3Y
3. Low rating: 1
-

Holding Analysis

Top 5
-
-
-
Top 20
-
-
-
P/E
-
-
-
P/B
-
-
-
Turnover
-
-
-
Equity
-
-
-
Cash
-
-
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Top Holdings

Top 10 Holdings
Name
Assets
ICICI Bank Ltd.
8.4%
HDFC Bank Ltd.
7.4%
State Bank of India
4.7%
Axis Bank Ltd.
3.1%
Mahindra & Mahindra Ltd.
2.9%
Infosys Ltd.
2.5%
Power Finance Corporation Ltd.
2.5%
Indus Towers Ltd.
2.4%
HCL Technologies Ltd.
2.3%
Tata Motors Ltd.
2.3%
Name
Assets
Torrent Power Ltd.
6.6%
Bajaj Finance Ltd.
6.2%
Tata Consultancy Services Ltd.
6.0%
Avenue Supermarts Ltd.
5.7%
HDFC Bank Ltd.
4.5%
Pidilite Industries Ltd.
4.3%
Nestle India Ltd.
3.6%
Info Edge (India) Ltd.
3.4%
Cholamandalam Investment and Finance Company Ltd.
3.0%
PI Industries Ltd.
2.9%
-
Fund Manager
Name
Rohit Singhania
Shreyash Devalkar
-
Education
Mr. Singhania is an MMS.
Mr. Devalkar is a B.Tech from UDCT Mumbai and PGDM (Management) from JBIMS Mumbai University
-
Experience
Prior to joining DSP AMC he has worked with HDFC Securities Ltd. and IL&FS Investsmart Limited.
Prior to joining Axis Mutual Fund he has worked with BNP Paribas Mutual Fund as a Fund Manager, IDFC Capital, JP Morgan Services India and Calyon Bank.
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About Fund
Description

DSP BlackRock Mutual Fund started their mutual fund on 16/12/1996 and its managing total assets of ₹78,763 Cr. Its ranked at 9 as per total assets at end of 30th Sep 2017.

Axis Mutual Fund started their mutual fund on 04/09/2009 and its managing total assets of ₹69,145 Cr. Its ranked at 10 as per total assets at end of 30th Sep 2017.

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Launch Date

16 Dec 1996

04 Sep 2009

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Custodian

NA

Deutsche Bank

-

Registrar & Transfer Agent

Cams

KFin Tech

-

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