- Mutual Funds
- DSP Mutual Funds
- DSP Tax Saver Fund (RIDCW-Q)
Formerly DSP BlackRock Tax Saver Reg DR
DSP Tax Saver Fund (RIDCW-Q)
₹ 18.652
NAV (Feb 03)
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
₹ 18.652
NAV (Feb 3)
Fund Returns
Last 1Y | -0.3% |
Last 3Y | 17.2% |
Last 5Y | 11.1% |
Last 10Y | 15.4% |
Since Inception | 13.8% |
6 Month CAGR | 2.8% |
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.
Expense Ratio | 1.75 |
Launched (16y ago) | Jan 18, 2007 |
AUM in Crores | 10444.913 |
ISIN | INF740K01177 |
Lock-in | 3 |
Benchmark | IISL Nifty 500 TR INR |
SIP Minimum | 0 |
Lumpsum Min. | 500 |
Standard Deviation (3yr) | 22.9 |
Standard Deviation (5yr) | 20.1 |
Beta (3yr) | 0.98 |
Beta (5yr) | 0.99 |
Sharpe Ratio (3yr) | 0.599 |
Sharpe Ratio (5yr) | 0.349 |
YTM | 0 |
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| DSP Tax Saver Fund (RIDCW-Q) | 962,096 | 229,484 | 11.1% | |
| 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.
Asset allocation and Holdings
Top Stock Holdings
hdfc bank ltd
9.7%icici bank ltd
7.6%infosys ltd
6.3%state bank of india
5%axis bank ltd
4.6%Allocation by Sector
financial services
39.1%consumer cyclical
12.5%technology
10.6%basic materials
7.9%industrials
7.9%Compare DSP Tax Saver Fund (RIDCW-Q)
| Fund Name | Fund Size | Outperformance Consistency |
|---|---|---|
₹ 4,848 cr | ||
₹ 10,444 cr | ||
₹ 15,500 cr | ||
₹ 10,444 cr | ||
₹ 15,500 cr |
About the AMC
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 | |
|---|---|---|---|
17.4% | 14.1% | ||
17.2% | 13.8% | ||
17.2% | 13.8% | ||
20.8% | 16.1% | ||
6% | 9.2% |
DSP Tax Saver Fund (RIDCW-Q) Review
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).
Frequently Asked Questions
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.