How to Invest in DSP Tax Saver Direct Plan IDCW?

You can easily invest in DSP Tax Saver Direct Plan IDCW in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for DSP Tax Saver Direct Plan IDCW from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in DSP Tax Saver Direct Plan IDCW as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does DSP Tax Saver Direct Plan IDCW provide?

The DSP Tax Saver Direct Plan IDCW has been there from 01 Jan 2013 and the average annual returns provided by this fund is 13.88% since its inception.

How much expense ratio is charged by DSP Tax Saver Direct Plan IDCW?

The term Expense Ratio used for DSP Tax Saver Direct Plan IDCW or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of DSP Tax Saver Direct Plan IDCW is 0.78% as of 04 Jun 2023...

What is the AUM of DSP Tax Saver Direct Plan IDCW?

The AUM, short for Assets Under Management of DSP Tax Saver Direct Plan IDCW is ₹10,512.55Cr as of 04 Jun 2023.

How to Redeem DSP Tax Saver Direct Plan IDCW?

If you want to sell your DSP Tax Saver Direct Plan IDCW holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of DSP Tax Saver Direct Plan IDCW?

You can select either SIP or Lumpsum investment of DSP Tax Saver Direct Plan IDCW based on your investment objective and risk tolerance.

What is the NAV of DSP Tax Saver Direct Plan IDCW?

The NAV of DSP Tax Saver Direct Plan IDCW is ₹60.50 as of 02 Jun 2023.

What is the PE and PB ratio of DSP Tax Saver Direct Plan IDCW?

The PE ratio ratio of DSP Tax Saver Direct Plan IDCW is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

DSP Tax Saver Direct Plan IDCW - NAV, Mutual Fund Performance & Portfolio

DSP Tax Saver Direct Plan IDCW
Equity
ELSS
Very High Risk
3Y Lock In
27.49%
3Y annualised
+0.43% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 02 Jun 2023₹60.50
Min. SIP amount₹500
Rating4
Fund size₹10,512.55Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Equity ELSS
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns13.9%27.5%14.9%16.5%
Category average13.6%24.8%11.6%NA
Rank with in category21145NA
Understand terms
Holdings (63)NameSectorInstrumentAssets
HDFC Bank Ltd.FinancialEquity9.2%
ICICI Bank Ltd.FinancialEquity8.8%
State Bank of IndiaFinancialEquity5.5%
Infosys Ltd.TechnologyEquity5.0%
Axis Bank Ltd.FinancialEquity3.8%
HCL Technologies Ltd.TechnologyEquity2.6%
Hindustan Unilever Ltd.Consumer StaplesEquity2.3%
Dr. Reddy's Laboratories Ltd.HealthcareEquity2.2%
Sun Pharmaceutical Industries Ltd.HealthcareEquity2.1%
Tata Motors Ltd.AutomobileEquity2.0%
See All
DisclaimerThis content is derived from publicly available information, internal sources, and other third-party sources believed to be reliable. We, at Nextbillion Technology Pvt. Ltd. (Groww), do not guarantee the accuracy of such information, or assure its completeness, or warrant that such information will not be changed.
All comparisons are done with the category average metrics for this category.
Pros and cons
Category: Equity ELSS
Pros
Cons
Consistently higher annualised returns than category average for the past 1Y, 3Y, 5Y and 10Y
Lock-in period: 3Y
Higher alpha: 2.26
The fund has generated returns higher than benchmark - NIFTY 500 Total Return Index - in the last 3Y 
Exit load is zero
Lower expense ratio: 0.78%
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
30 Apr 2023 - Present
0.78%
31 Mar 2023 - 30 Apr 2023
0.80%
28 Feb 2023 - 31 Mar 2023
0.81%
31 Jan 2023 - 28 Feb 2023
0.82%
31 Dec 2022 - 31 Jan 2023
0.80%
30 Nov 2022 - 31 Dec 2022
0.81%
30 Nov 2022 - 30 Nov 2022
0.81%
30 Nov 2022 - 30 Nov 2022
0.81%
31 Oct 2022 - 30 Nov 2022
0.80%
31 Oct 2022 - 31 Oct 2022
0.80%
31 Oct 2022 - 31 Oct 2022
0.80%
31 Oct 2022 - 31 Oct 2022
0.80%
30 Sep 2022 - 31 Oct 2022
0.81%
30 Sep 2022 - 30 Sep 2022
0.81%
30 Sep 2022 - 30 Sep 2022
0.81%
31 Aug 2022 - 30 Sep 2022
0.82%
31 Aug 2022 - 31 Aug 2022
0.82%
31 Jul 2022 - 31 Aug 2022
0.82%
31 Jul 2022 - 31 Jul 2022
0.82%
30 Jun 2022 - 31 Jul 2022
0.84%
30 Jun 2022 - 30 Jun 2022
0.84%
31 May 2022 - 30 Jun 2022
0.84%
31 May 2022 - 31 May 2022
0.84%
30 Apr 2022 - 31 May 2022
0.82%
30 Apr 2022 - 30 Apr 2022
0.82%
31 Mar 2022 - 30 Apr 2022
0.80%
31 Mar 2022 - 31 Mar 2022
0.80%
28 Feb 2022 - 31 Mar 2022
0.80%
28 Feb 2022 - 28 Feb 2022
0.80%
31 Jan 2022 - 28 Feb 2022
0.87%
31 Dec 2021 - 31 Jan 2022
0.87%
30 Nov 2021 - 31 Dec 2021
0.84%
31 Oct 2021 - 30 Nov 2021
0.81%
30 Sep 2021 - 31 Oct 2021
0.81%
31 Aug 2021 - 30 Sep 2021
0.87%
31 Jul 2021 - 31 Aug 2021
0.86%
30 Jun 2021 - 31 Jul 2021
0.86%
31 May 2021 - 30 Jun 2021
0.85%
30 Apr 2021 - 31 May 2021
0.86%
31 Mar 2021 - 30 Apr 2021
0.83%
28 Feb 2021 - 31 Mar 2021
0.80%
31 Jan 2021 - 28 Feb 2021
0.85%
31 Dec 2020 - 31 Jan 2021
0.87%
30 Nov 2020 - 31 Dec 2020
0.91%
31 Oct 2020 - 30 Nov 2020
0.93%
30 Sep 2020 - 31 Oct 2020
0.94%
31 Aug 2020 - 30 Sep 2020
0.95%
31 Jul 2020 - 31 Aug 2020
0.94%
30 Jun 2020 - 31 Jul 2020
0.95%
31 May 2020 - 30 Jun 2020
0.94%
30 Apr 2020 - 31 May 2020
0.93%
31 Mar 2020 - 30 Apr 2020
1.00%
29 Feb 2020 - 31 Mar 2020
1.06%
31 Jan 2020 - 29 Feb 2020
0.99%
31 Dec 2019 - 31 Jan 2020
1.00%
30 Nov 2019 - 31 Dec 2019
0.96%
31 Oct 2019 - 30 Nov 2019
0.85%
30 Sep 2019 - 31 Oct 2019
0.86%
31 Aug 2019 - 30 Sep 2019
0.92%
31 Jul 2019 - 31 Aug 2019
0.92%
30 Jun 2019 - 31 Jul 2019
0.92%
31 May 2019 - 30 Jun 2019
0.92%
30 Apr 2019 - 31 May 2019
0.92%
31 Mar 2019 - 30 Apr 2019
0.91%
28 Feb 2019 - 31 Mar 2019
0.91%
31 Jan 2019 - 28 Feb 2019
1.05%
31 Dec 2018 - 31 Jan 2019
1.06%
30 Nov 2018 - 31 Dec 2018
1.07%
31 Oct 2018 - 30 Nov 2018
1.07%
30 Sep 2018 - 31 Oct 2018
1.28%
31 Aug 2018 - 30 Sep 2018
1.29%
31 Jul 2018 - 31 Aug 2018
1.29%
30 Jun 2018 - 31 Jul 2018
1.30%
31 May 2018 - 30 Jun 2018
1.29%
30 Apr 2018 - 31 May 2018
1.29%
31 Mar 2018 - 30 Apr 2018
1.29%
28 Feb 2018 - 31 Mar 2018
1.30%
31 Jan 2018 - 28 Feb 2018
1.30%
31 Dec 2017 - 31 Jan 2018
1.25%
30 Nov 2017 - 31 Dec 2017
1.25%
31 Oct 2017 - 30 Nov 2017
1.26%
Expense ratio, exit load and taxExpense ratio: 0.78%Inclusive of GST
Exit loadNil
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year. 
Understand terms
Check past data
Minimum investment amountsMin. for 1st investment₹500
Min. for 2nd investment onwards₹500
Min. for SIP₹500
Fund managementRohit Singhania
Jul 2015 - Present
View details
Education
Mr. Singhania is an MMS.
Experience
Prior to joining DSP AMC he has worked with HDFC Securities Ltd. and IL&FS Investsmart Limited.
Also manages these schemes
DSP The Infrastructure Growth and Economic Reforms Regular Fund Growth
DSP The Infrastructure Growth and Economic Reforms Regular Fund IDCW
DSP Equity Opportunities Fund Growth
DSP Equity Opportunities Fund IDCW
DSP Tax Saver Fund Growth
DSP Tax Saver Fund IDCW
DSP Natural Resources and New Energy Fund Regular Plan Growth
DSP Natural Resources and New Energy Fund Regular Plan IDCW
DSP Natural Resources and New Energy Fund Direct Plan Growth
DSP Natural Resources and New Energy Fund Direct Plan IDCW
DSP Equity Opportunities Direct Plan Growth
DSP Equity Opportunities Direct Plan IDCW
DSP Tax Saver Direct Plan IDCW
DSP Tax Saver Direct Plan Growth
DSP The Infrastructure Growth and Economic Reforms Regular Fund Direct Growth
DSP The Infrastructure Growth and Economic Reforms Regular Fund Direct IDCW
Charanjit Singh
May 2023 - Present
View details
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.
Also manages these schemes
DSP The Infrastructure Growth and Economic Reforms Regular Fund Growth
DSP The Infrastructure Growth and Economic Reforms Regular Fund IDCW
DSP Equity Opportunities Fund Growth
DSP Equity Opportunities Fund IDCW
DSP Tax Saver Fund Growth
DSP Tax Saver Fund IDCW
DSP Equity Opportunities Direct Plan Growth
DSP Equity Opportunities Direct Plan IDCW
DSP Tax Saver Direct Plan IDCW
DSP Tax Saver Direct Plan Growth
DSP The Infrastructure Growth and Economic Reforms Regular Fund Direct Growth
DSP The Infrastructure Growth and Economic Reforms Regular Fund Direct IDCW
Fund house & investment objective
DSP Mutual Fund
Rank (total assets)#10 in India
Total AUM₹1,11,896.96Cr
Date of Incorporation16 Dec 1996
 DSP Tax Saver Direct Plan IDCW is a Equity Mutual Fund Scheme launched by DSP Mutual Fund. This scheme was made available to investors on 16 Dec 1996. Rohit Singhania is the Current Fund Manager of DSP Tax Saver Direct Plan IDCW fund. The fund currently has an Asset Under Management(AUM) of ₹1,11,897 Cr and the Latest NAV as of 02 Jun 2023 is ₹60.50.
The DSP Tax Saver Direct Plan IDCW is rated Very High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹500.
;
Investment ObjectiveThe 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.
;
Fund benchmarkNIFTY 500 Total Return Index
Scheme Information Document(SID)
Fund house contact details
Address
NATRAJ, Office No. 302-3rd Floor-Plot No. 194, MV Road JunctionWestern Express Highway,Andheri East Mumbai 400069
Phone
1800-208-4499 / 1800-200-4499
Launch Date
16 Dec 1996
E-mail
NA
Website
NA
DSP Mutual Fund
Asset Management Company
Custodian
NA
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Email
[email protected]
Website
www.camsonline.com
Compare funds
DSP Tax Saver Direct Plan IDCW
VS
Add mutual fund to compare

	1Y	3Y	5Y	All
Fund returns	13.9%	27.5%	14.9%	16.5%
Category average	13.6%	24.8%	11.6%	NA
Rank with in category	21	14	5	NA

Name	Sector	Instrument	Assets
HDFC Bank Ltd.	Financial	Equity	9.2%
ICICI Bank Ltd.	Financial	Equity	8.8%
State Bank of India	Financial	Equity	5.5%
Infosys Ltd.	Technology	Equity	5.0%
Axis Bank Ltd.	Financial	Equity	3.8%
HCL Technologies Ltd.	Technology	Equity	2.6%
Hindustan Unilever Ltd.	Consumer Staples	Equity	2.3%
Dr. Reddy's Laboratories Ltd.	Healthcare	Equity	2.2%
Sun Pharmaceutical Industries Ltd.	Healthcare	Equity	2.1%
Tata Motors Ltd.	Automobile	Equity	2.0%

Rank (total assets)	#10 in India
Total AUM	₹1,11,896.96Cr

Date of Incorporation	16 Dec 1996

Fund benchmark	NIFTY 500 Total Return Index

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Sarjapur Main Road, Bellandur
Bengaluru – 560103
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Min. for 1st investment	₹500
Min. for 2nd investment onwards	₹500

Rating	4
Fund size	₹10,512.55Cr

DSP Tax Saver Direct Plan IDCW

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Holdings (63)

Disclaimer

Pros and cons

Pros

Cons

Understand terms

Expense ratio

Tax

Exit load

Stamp duty

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 0.78%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

Rohit SinghaniaJul 2015 - PresentView details

Charanjit SinghMay 2023 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

Rohit Singhania
Jul 2015 - Present
View details

Charanjit Singh
May 2023 - Present
View details