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  • DSP Mutual Fund
  • DSP ELSS Tax Saver Fund (RIDCW-I)
DSP Mutual Funds

DSP ELSS Tax Saver Fund (RIDCW-I)

EquityTax Saving
Recommended
Top Ranked

27.062

NAV (Sep 13)

24.919%
5 Year CAGR
Scripbox Opinion
Recommended
DSP ELSS Tax Saver Fund (RIDCW-I) is recommended for investment within tax saving mutual funds.

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.

Our analysis of this fundLearn how we rate funds ->

Fund Size

Category Leader

The fund has been a Category Leader on the Fund Size metric

Downside Protection Measure

Good

The performance of the fund on a Downside Protection Measure metric has been Good

Invest in this fund
Scripbox Recommended Tax Saving Fund
Save tax combined with inflation beating long term growth. Invest in Scripbox Recommended Tax Saver Funds to unlock the best of both worlds - tax saving and long term wealth creation.?Learn more

Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

27.062

NAV (Sep 13)

Fund Returns

Last 1Y
47%
Last 3Y
20.6%
Last 5Y
24.9%
Last 10Y
17.1%
Since Inception
16.2%
6 Month CAGR
25.4%

Scheme Information

Investment Objective

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 (0y ago)
1.63
AUM in Crores
17488.3
ISIN
INF740K01177
Lock-in
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
Fund Managers

Charanjit Singh

Fund Manager

Rohit Singhania

Fund Manager

Important Links

Scheme Information Document

Statement of Additional Information

Portfolio Disclosure

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
DSP ELSS Tax Saver Fund (RIDCW-I)70%13,93,711 6,61,09924.9%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 93,3385.00%

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

Last updated on 2023-12-21

Top Stock Holdings

HDFC Bank Ltd.

7.4%
7.41%

ICICI Bank Ltd.

6.4%
6.36%

State Bank of India

4%
4.03%

Infosys Ltd.

3.5%
3.48%

Axis Bank Ltd.

3.2%
3.18%
See all holdings

Allocation by Sector

Financial

32.46%
32.46%

Energy

9.74%
9.74%

Technology

8.63%
8.63%

Automobile

8.06%
8.06%

Healthcare

7.76%
7.76%
See all sectors

Comparison with Equity Funds

Fund NameFund Size
Mirae Asset ELSS Tax Saver Fund (G)
Mirae Asset ELSS Tax Saver Fund (G)

₹ 26,041 cr

₹ 23,712 cr

₹ 64,222 cr

₹ 50,154 cr

₹ 17,488 cr

amc-img

About the AMC

DSP Mutual Fund

amc-img
phone-img1800-208-4499 / 1800-200-4499
Fund NameScripbox Opinion
Till Date CAGR

20.569%

16.239%

4.273%

3.117%

33.83%

19.028%

19.736%

27.496%

8.23%

8.849%

DSP ELSS Tax Saver Fund (RIDCW-I) Review

DSP ELSS Tax Saver Fund (RIDCW-I) is a Equity Equity fund and has delivered an annualised return of 16.239% over a period of 17 years. The fund is managed by DSP Mutual Fund. The fund manager’s name is [object Object],[object Object].

Nav of DSP ELSS Tax Saver Fund (RIDCW-I) as of 9/13/2024 is ₹27.06 with the total AUM as of 9/14/2024 is ₹17488.2652. With Scripbox you can compare and check the latest nav for all mutual funds in India. DSP ELSS Tax Saver Fund (RIDCW-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 (RIDCW-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 (RIDCW-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.

DSP ELSS Tax Saver Fund (RIDCW-I) is rated as a 5 fund in Equity and delivered 47.04% 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 (RIDCW-I).

Frequently Asked Questions

What is DSP ELSS Tax Saver Fund (RIDCW-I)?

DSP ELSS Tax Saver Fund (RIDCW-I) is a Equity Equity scheme predominantly investing across Equity instruments with an investment objective to generate wealth over the long term.

How to invest in DSP ELSS Tax Saver Fund (RIDCW-I)?

You can invest in DSP ELSS Tax Saver Fund (RIDCW-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 (RIDCW-I)?

The minimum sip amount for DSP ELSS Tax Saver Fund (RIDCW-I) is ₹500. You can invest in multiples of ₹500.

Is DSP ELSS Tax Saver Fund (RIDCW-I) good to invest in?

As per Scripbox experts, DSP ELSS Tax Saver Fund (RIDCW-I) is a 5 fund. You can investDSP ELSS Tax Saver Fund (RIDCW-I) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.

What is the expense ratio of the DSP ELSS Tax Saver Fund (RIDCW-I)?

The expense ratio of the DSP ELSS Tax Saver Fund (RIDCW-I) is 1.63% for regular plan.