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.
The fund has been a Category Leader on the Fund Size metric
The fund has been a Category Leader on the Outperformance Consistency metric
NAV (Feb 3)
6 Month CAGR
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.
Launched (16y ago)
Jan 18, 2007
AUM in Crores
IISL Nifty 500 TR INR
Standard Deviation (3yr)
Standard Deviation (5yr)
Sharpe Ratio (3yr)
Sharpe Ratio (5yr)
with step up of
|DSP Tax Saver Fund (RIDCW-Q)||962,096||229,484||11.1%|
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.
hdfc bank ltd9.7%
icici bank ltd7.6%
state bank of india5%
axis bank ltd4.6%
|Fund Name||Fund Size||Outperformance Consistency|
₹ 4,848 cr
₹ 10,444 cr
₹ 15,500 cr
₹ 10,444 cr
₹ 15,500 cr
DSP Investment Managers Private Limited
DSP Investment Managers Private Limited manages assets worth 122,208 crores and was set up on 13 May 1996. It's current offering of mutual fund schemes includes 54 equity,172 debt and 21 hybrid funds.
|Fund Name||Scripbox Opinion||Till Date CAGR|
DSP Tax Saver Fund (RIDCW-Q) is a Tax Saving Equity fund and has delivered an annualised return of 13.8% over a period of 16 years. The fund was previously known as DSP BlackRock Tax Saver Reg DR. The fund is managed by DSP Investment Managers Private Limited. The fund managers are Charanjit Singh, Kaushal Maroo, Rohit Singhania.
Nav of DSP Tax Saver Fund (RIDCW-Q) as of 2/3/2023 is ₹18.65 with the total AUM as of 2/6/2023 is ₹10444.913. With Scripbox you can compare and check the latest nav for all mutual funds in India. DSP Tax Saver Fund (RIDCW-Q) was launched on Jan 18, 2007. The category risk of the fund is Very High Risk.
The minimum SIP amount for DSP Tax Saver Fund (RIDCW-Q) is ₹0 and you can increase this in multiples of ₹500. 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 Tax Saver Fund (RIDCW-Q) 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 (RIDCW-Q) is rated as a 5 fund in Equity and delivered -0.3% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with DSP Tax Saver Fund (RIDCW-Q).
What is DSP Tax Saver Fund (RIDCW-Q)?
How to invest in DSP Tax Saver Fund (RIDCW-Q)?
You can invest in DSP Tax Saver Fund (RIDCW-Q) 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 Tax Saver Fund (RIDCW-Q)?
The minimum sip amount for DSP Tax Saver Fund (RIDCW-Q) is ₹0. You can invest in multiples of ₹500.
Is DSP Tax Saver Fund (RIDCW-Q) good to invest in?
As per Scripbox experts, DSP Tax Saver Fund (RIDCW-Q) is a Top Ranked fund. You can investDSP Tax Saver Fund (RIDCW-Q) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the DSP Tax Saver Fund (RIDCW-Q)?
The expense ratio of the DSP Tax Saver Fund (RIDCW-Q) is 1.75% for regular plan.