Formerly DSP BlackRock Tax Saver Reg DP
₹ 17.176
NAV (Jan 19)
Top Ranked
Scripbox recommends other funds for investment in tax saving.
Click here to see our recommendations.
Tax saving funds provides inflation beating growth over the long term and is suitable for investment objectives with duration of 10-15 years or longer (minimum 5 years).
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
Track Record
14 Years. The Fund has Sufficient history for analysis and the track record is good.
Relative Size
7,425 Cr. Category leader in size
Category View
Positive. The category has a positive investment outlook
Consistency Of Performance
Good. The historical performance of the fund has been good
Invest in a scientifically curated set of tax saving funds (ELSS) which are designed to help you save tax under Sec. 80C while offering the opportunity for growth in line with equity returns.
No single fund can achieve what a plan can. Learn why
Scheme Information
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.
Low
Moderately Low
Moderate
Moderately High
High
Moderately High risk
1.85 %
Expense Ratio
Jan 18, 2007
Launched (14y ago)
₹ 7,425
AUM in Crores
INF740K01169
ISIN
3
Lock-in
IISL Nifty 500 TR INR
Benchmark
₹ 500
SIP Minimum
₹ 500
Lumpsum Min.
Returns Calculator Comparison
of
for
with step up of
Instrument | Returns | Total Corpus | Gains | Annualised % |
---|---|---|---|---|
Mutual Fund | ₹ 965,796 | ₹ 233,184 | 11.25% | |
EPF | ₹ 900,761 | ₹ 168,149 | 8.50% | |
Property | ₹ 867,662 | ₹ 135,050 | 7.00% | |
PPF | ₹ 869,819 | ₹ 137,207 | 7.10% | |
Bank FD | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Gold | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Savings Bank | ₹ 825,950 | ₹ 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Invest in a scientifically curated set of tax saving funds (ELSS) which are designed to help you save tax under Sec. 80C while offering the opportunity for growth in line with equity returns.
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About the AMC
DSP Investment Managers Private Limited
DSP Investment Managers Private Limited manages assets worth 95,611 crores and was set up on 13 May 1996. It's current offering of mutual fund schemes includes 51 equity,156 debt and 26 hybrid funds.
US Equity
Recommended
Top Ranked
₹ 307 Cr
Fund Size
15.3%
3Y returns
US Equity
Top Ranked
₹ 307 Cr
Fund Size
13.1%
3Y returns
US Equity
Top Ranked
₹ 307 Cr
Fund Size
13.1%
3Y returns
Money Market
Top Ranked
₹ 1,931 Cr
Fund Size
N/A
3Y returns
Money Market
Top Ranked
₹ 1,931 Cr
Fund Size
6.9%
3Y returns
Invest in a scientifically curated set of tax saving funds (ELSS) which are designed to help you save tax under Sec. 80C while offering the opportunity for growth in line with equity returns.
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DSP Tax Saver Fund (DP-A) is a tax saving equity fund and has delivered an annualised return of 13.5% over a period of 14 years .The fund was previously known as DSP BlackRock Tax Saver Reg DP.The fund is managed by DSP Investment Managers Private Limited.The fund managers are Charanjit Singh, Rohit Singhania
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. However, there is no assurance that the objective of the scheme will be realized.
The DSP Tax Saver Fund (DP-A) fund was launched on Jan 18, 2007. The NAV (Net Asset Value) of this tax saving equity as of 2021-01-19 is ₹ 17.176. The total AUM (Asset Under Management) of the fund as of 2021-01-19 is ₹ 7424.675. The category risk of the DSP Tax Saver Fund (DP-A) fund is Moderately High risk. The fund charges 1.85 % as expense ratio.
The fund’s highest allocation is towards equity and has invested 98.9% in this asset class. The top three holdings of the fund are icici bank ltd,infosys ltd and hdfc bank ltd
The minimum SIP (Systematic Investment Plan) amount for this is ₹ 500 and you can increase this in multiples of ₹ 100. In case you want to invest a lump sum, the minimum amount to be invested is ₹ 500.
This fund is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to IISL Nifty 500 TR INR
DSP Tax Saver Fund (DP-A) has a score of 4 on a scale of 5. The fund scores 4 out of 5 based on historical performance. As compared to the other funds in its category, DSP Tax Saver Fund (DP-A) has a score of 5 out of 5. Scipbox has rated this fund 4 out of 5 based on consistency of performance over various years / tenures.