- Mutual Funds
- DSP Mutual Fund
- DSP ELSS Tax Saver Fund (IDCW-I)
DSP ELSS Tax Saver Fund (IDCW-I)
₹ 26.476
NAV (Oct 21)
Tax Saving funds provides tax saving with 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.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 26.476
NAV (Oct 21)
Fund Returns
Last 1Y | 45.7% |
Last 3Y | 18.7% |
Last 5Y | 22.6% |
Last 10Y | 17.2% |
Since Inception | 16% |
6 Month CAGR | 21.4% |
Scheme Information
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.
Expense Ratio | 1.63% |
Launched 17Y ago | 2007-01-18 |
AUM in Crores | 17770.6 |
ISIN | INF740K01169 |
Lock-in (days) | 1095 |
Benchmark | NIFTY 500 Total Return Index |
SIP Minimum | 500 |
Lumpsum Min. | 500 |
Standard Deviation (3yr) | - |
Standard Deviation | 13.2 |
Beta | 0.9 |
Sharpe Ratio | 1.2 |
YTM | - |
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| DSP ELSS Tax Saver Fund (IDCW-I) | 13,08,214 | 5,75,602 | 22.6% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 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.
Asset allocation and Holdings
Top Stock Holdings
HDFC Bank Ltd.
7.41%ICICI Bank Ltd.
6.36%State Bank of India
4.03%Infosys Ltd.
3.48%Axis Bank Ltd.
3.18%Allocation by Sector
Financial
32.46%Energy
9.74%Technology
8.63%Automobile
8.06%Healthcare
7.76%Comparison with Equity Funds
| Fund Name | Fund Size | |
|---|---|---|
₹ 26,417 cr | ||
₹ 24,508 cr | ||
₹ 66,206 cr | ||
₹ 51,197 cr | ||
₹ 17,770 cr |
About the AMC
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
18.7% | 16% | ||
6.4% | 3.8% | ||
32.6% | 18.8% | ||
20.9% | 27.2% | ||
8.4% | 8.8% |
DSP ELSS Tax Saver Fund (IDCW-I) Review
DSP ELSS Tax Saver Fund (IDCW-I) is a Tax Saving Equity fund and has delivered an annualised return of 15.99% over 17 years. The fund has grown over a period of 17 years. The fund is managed by DSP Mutual Fund. The fund managers are Charanjit Singh, Rohit Singhania.
Nav of DSP ELSS Tax Saver Fund (IDCW-I) as of 10/21/2024 is ₹26.48 with the total AUM as of 10/22/2024 is ₹17770.63. With Scripbox you can compare and check the latest nav for all mutual funds in India. DSP ELSS Tax Saver Fund (IDCW-I) was launched on 2007-01-18. The category risk of the fund is Average.
The minimum SIP amount for DSP ELSS Tax Saver Fund (IDCW-I) 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. Check your estimated returns on mutual funds by using sip calculator.
DSP ELSS Tax Saver Fund (IDCW-I) 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 NIFTY 500 Total Return Index.
Scripbox has rated it 5 stars, indicating it's a recommended fund in the Equity category and delivered 45.7% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with DSP ELSS Tax Saver Fund (IDCW-I).
Frequently Asked Questions
What is DSP ELSS Tax Saver Fund (IDCW-I)?
How to invest in DSP ELSS Tax Saver Fund (IDCW-I)?
You can invest in DSP ELSS Tax Saver Fund (IDCW-I) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of DSP ELSS Tax Saver Fund (IDCW-I)?
The minimum sip amount for DSP ELSS Tax Saver Fund (IDCW-I) is ₹500. You can invest in multiples of ₹500.
Is DSP ELSS Tax Saver Fund (IDCW-I) good to invest in?
According to Scripbox opinion, it is a 5-star fund. You can invest in this fund if its investment objective and risk level align with your goals and risk preferences.
What is the expense ratio of the DSP ELSS Tax Saver Fund (IDCW-I)?
The expense ratio of the DSP ELSS Tax Saver Fund (IDCW-I) is 1.63% for regular plan.
What is the NAV of DSP ELSS Tax Saver Fund (IDCW-I)?
Today's DSP ELSS Tax Saver Fund (IDCW-I) NAV is ₹26.48.