Name: DSP Tax Saver Direct Plan IDCW
Brand: DSP Mutual Fund

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DSP Tax Saver Direct Plan IDCW
Equity
ELSS
Very High Risk
3Y Lock In
22.29%
3Y annualised
+0.76% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 01 Dec 2021₹57.49
Min. SIP amount₹500
Rating4
Fund size₹9,805.13Cr
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 returns43.0%22.3%18.1%18.2%
Category average54.9%14.2%14.3%NA
Rank with in category8511NA
Understand terms
Holdings (55)NameSectorInstrumentAssets
ICICI Bank Ltd.
FinancialEquity10.3%
HDFC Bank Ltd.
FinancialEquity7.0%
Infosys Ltd.
TechnologyEquity5.8%
Axis Bank Ltd.
FinancialEquity4.6%
State Bank of India
FinancialEquity3.4%
Bharti Airtel Ltd.
CommunicationEquity2.9%
Kotak Mahindra Bank Ltd.
FinancialEquity2.6%
HCL Technologies Ltd.
TechnologyEquity2.6%
Tata Steel Ltd.
MetalsEquity2.2%
Crompton Greaves Consumer Electricals Ltd.
Consumer DurableEquity2.1%
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
3Y and 5Y annualised returns higher than category average
Higher alpha: 3.44
The fund has generated returns higher than benchmark - NIFTY 500 TRI - in the last 3Y 
Exit load is zero
Lower expense ratio: 0.81%
Cons
Lock-in period: 3Y
1Y annualised returns lower than category average by 3.13%
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
31 Oct 2021 - Present
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: 0.81%Inclusive of GST
Exit loadNil
Stamp duty0.005% (from July 1st, 2020)
Tax implicationUpto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.
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
Jan 2021 - 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₹97,309.07Cr
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.
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 ₹97,309 Cr and the Latest NAV as of 01 Dec 2021 is ₹57.49.
The DSP Tax Saver Direct Plan IDCW is rated Very High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 500. ...Read more
Investment Objective
The scheme seeks to generate medium to long-term capital appreciation from a diversified portfolio that is substantially constituted of equity and equ
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.
...Read more
Fund benchmarkNIFTY 500 TRI
Scheme Information Document(SID)
Fund house contact details
Address
Mafatlal Centre, 10th Floor, Nariman Point Mumbai 400021
Phone
022 66578000
Launch Date
16 Dec 1996
E-mail
[email protected]
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
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	1Y	3Y	5Y	All
Fund returns	43.0%	22.3%	18.1%	18.2%
Category average	54.9%	14.2%	14.3%	NA
Rank with in category	8	5	11	NA

Name	Sector	Instrument	Assets
ICICI Bank Ltd.	Financial	Equity	10.3%
HDFC Bank Ltd.	Financial	Equity	7.0%
Infosys Ltd.	Technology	Equity	5.8%
Axis Bank Ltd.	Financial	Equity	4.6%
State Bank of India	Financial	Equity	3.4%
Bharti Airtel Ltd.	Communication	Equity	2.9%
Kotak Mahindra Bank Ltd.	Financial	Equity	2.6%
HCL Technologies Ltd.	Technology	Equity	2.6%
Tata Steel Ltd.	Metals	Equity	2.2%
Crompton Greaves Consumer Electricals Ltd.	Consumer Durable	Equity	2.1%

Min. for 1st investment	₹500
Min. for 2nd investment onwards	₹500

Rating	4
Fund size	₹9,805.13Cr

Rank (total assets)	#10 in India
Total AUM	₹97,309.07Cr