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).
14 Years. The Fund has Sufficient history for analysis and the track record is good.
Relative Size
9,756 Cr. Category leader in size
Category View
Superior. The category has a superior investment outlook
Consistency Of Performance
Consistently Good. The fund has performed well consistently over a period of time
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Tax Saver Plan
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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Historical NAV
₹ 21.199
NAV (Oct 13)
Fund Returns
Last 1Y
69.1%
Last 3Y
24.4%
Last 5Y
16%
Last 10Y
18.3%
Since Inception
15.2%
6 Month CAGR
29.1%
Scheme Information
Investment Objective
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.
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.
DSP Investment Managers Private Limited manages assets worth 114,494 crores and was set up on 13 May 1996. It's current offering of mutual fund schemes includes 54 equity,157 debt and 26 hybrid funds.
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.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
What Scripbox recommendations mean?
Recommended
Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
Top Ranked
Neutral
Not Recommended
Track Record
We look at consistent and long historical performance for our analysis.
Fund Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Sub-asset Class View
We check if the sub-category of the fund is recommended by us.
Fund Performance
Consistency of performance over various tenures is analysed for a relative performance stack.
Track Record
We look at consistent and long historical performance for our analysis.
Fund Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Impact of Interest Rates
We check the relative interest rate risk of the sub-category of the fund. Lower the better.
Credit Attractiveness
We check the credit quality of the underlying instruments present in the fund. Higher the better.
Equity Funds
Debt Funds
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3,600+
AUM
2,500+
Cities
2012
Established
About DSP Tax Saver Fund of Income Distribution cum capital withdrawal (RIDCW-A)
About DSP Tax Saver Fund of Income Distribution cum capital withdrawal (RIDCW-A)
DSP Tax Saver Fund of Income Distribution cum capital withdrawal (RIDCW-A) is a Tax Saving Equity fund and has delivered an annualised return of 15.2% over a period of 14 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, Rohit Singhania
DSP Tax Saver Fund of Income Distribution cum capital withdrawal (RIDCW-A) Investment Objective
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.
DSP Tax Saver Fund of Income Distribution cum capital withdrawal (RIDCW-A) NAV,AUM,Risk
The DSP Tax Saver Fund of Income Distribution cum capital withdrawal (RIDCW-A) fund was launched on Jan 18, 2007. The NAV (Net Asset Value) of this Tax Saving Equity fund as of 2021-10-13 is ₹21.20. The total AUM (Asset Under Management) of the fund as of 14/10/2021 is ₹9755.662. The category risk of the DSP Tax Saver Fund of Income Distribution cum capital withdrawal (RIDCW-A) fund is Very High Risk. The fund charges 1.76 % as expense ratio.
DSP Tax Saver Fund of Income Distribution cum capital withdrawal (RIDCW-A) Holdings
The fund’s highest allocation is towards Equity and has invested 98.6% in this asset class. The top three holdings of the fund are , icici bank ltd , hdfc bank ltd , infosys ltd , axis bank ltd , state bank of india , bharti airtel ltd , hcl technologies ltd , tata steel ltd , bajaj finserv ltd , kotak mahindra bank ltd , crompton greaves consumer electricals ltd , treps / reverse repo investments / corporate debt repo , acc ltd , sbi life insurance company limited , ultratech cement ltd , ntpc ltd , bharat petroleum corp ltd , dr reddy's laboratories ltd , sbi cards and payment services ltd ordinary shares , ghcl ltd , container corporation of india ltd , larsen & toubro ltd , max financial services ltd , emami ltd , sun pharmaceuticals industries ltd , manappuram finance ltd , icici lombard general insurance co ltd , lic housing finance ltd , gail (india) ltd , gujarat state petronet ltd , century plyboards (india) ltd , sheela foam ltd , hero motocorp ltd , indraprastha gas ltd , atul ltd , bharat forge ltd , kei industries ltd , bharat electronics ltd , chambal fertilisers & chemicals ltd , britannia industries ltd , vardhman textiles ltd , jindal steel & power ltd , ipca laboratories ltd , coromandel international ltd , knr constructions ltd , tech mahindra ltd , cholamandalam investment and finance co ltd , equitas holding ltd , voltas ltd , whirlpool of india ltd , net receivables/payables , finolex cables ltd , alembic pharmaceuticals ltd , ahluwalia contracts (india) ltd , supreme industries ltd , varroc engineering ltd ordinary shares
DSP Tax Saver Fund of Income Distribution cum capital withdrawal (RIDCW-A) Sip
The minimum SIP (Systematic Investment Plan) amount for this is ₹null 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.
DSP Tax Saver Fund of Income Distribution cum capital withdrawal (RIDCW-A) Investment volatility and Horizon
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 of Income Distribution cum capital withdrawal (RIDCW-A) Review
DSP Tax Saver Fund of Income Distribution cum capital withdrawal (RIDCW-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 of Income Distribution cum capital withdrawal (RIDCW-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.
