DSP Tax Saver Fund Direct Growth
EquityELSS (Tax Savings)Very High Risk
Direct
NAV (04-Oct-24)
₹155.050.00%1D
Returns (Since Inception)
0.00%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹17,488 Cr
Expense Ratio
0.68%
ISIN
INF740K01OK1
Minimum SIP
₹500
Exit Load
No Charges
Inception Date
01 Jan 2013
About this fund
DSP Tax Saver Fund Direct Growth is a ELSS (Tax Savings) mutual fund schemes offered by DSP Mutual Fund. This fund has been in existence for 11 years, 9 months and 4 days, having been launched on 01-Jan-13.
As of 04-Oct-24, it has a Net Asset Value (NAV) of ₹155.05, Assets Under Management (AUM) of 17488.27 Crores, and an expense ratio of 0.68%.
As of 04-Oct-24, it has a Net Asset Value (NAV) of ₹155.05, Assets Under Management (AUM) of 17488.27 Crores, and an expense ratio of 0.68%.
- The fund's asset allocation comprises around 98.40% in equities, 0.00% in debts, and 1.60% in cash & cash equivalents.
- You can start investing in DSP Tax Saver Fund Direct Growth with a SIP of ₹500 or a Lumpsum investment of ₹500.
Portfolio Summaryas of 31st August 2024
| Equity | ₹17,208.88 Cr | 98.40% |
| Others | ₹279.38 Cr | 1.60% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| HDFC Bank Ltd | Equity | ₹1,296.32 Cr | 7.41% |
| ICICI Bank Ltd | Equity | ₹1,110.85 Cr | 6.35% |
| State Bank of India | Equity | ₹683.18 Cr | 3.91% |
| Infosys Ltd | Equity | ₹625.09 Cr | 3.57% |
| Axis Bank Ltd | Equity | ₹554.25 Cr | 3.17% |
| Power Finance Corp Ltd | Equity | ₹480.26 Cr | 2.75% |
| Bharti Airtel Ltd | Equity | ₹427.05 Cr | 2.44% |
| Hindustan Unilever Ltd | Equity | ₹405.96 Cr | 2.32% |
| NTPC Ltd | Equity | ₹370.73 Cr | 2.12% |
| Samvardhana Motherson International Ltd | Equity | ₹365.53 Cr | 2.09% |
| Kotak Mahindra Bank Ltd | Equity | ₹363.14 Cr | 2.08% |
| Mahindra & Mahindra Ltd | Equity | ₹363.06 Cr | 2.08% |
| HCL Technologies Ltd | Equity | ₹352.98 Cr | 2.02% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹349.11 Cr | 2.00% |
| Oil India Ltd | Equity | ₹331.62 Cr | 1.90% |
| Emami Ltd | Equity | ₹323.28 Cr | 1.85% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹315.96 Cr | 1.81% |
| Larsen & Toubro Ltd | Equity | ₹307.01 Cr | 1.76% |
| Suven Pharmaceuticals Ltd | Equity | ₹299.08 Cr | 1.71% |
| Coforge Ltd | Equity | ₹290.01 Cr | 1.66% |
| Bharat Petroleum Corp Ltd | Equity | ₹289.66 Cr | 1.66% |
| Hindalco Industries Ltd | Equity | ₹288.73 Cr | 1.65% |
| Treps / Reverse Repo Investments | Cash - Repurchase Agreement | ₹286.78 Cr | 1.64% |
| Tata Motors Ltd | Equity | ₹280.43 Cr | 1.60% |
| SBI Life Insurance Company Limited | Equity | ₹261.77 Cr | 1.50% |
| Hindustan Petroleum Corp Ltd | Equity | ₹246.59 Cr | 1.41% |
| Tech Mahindra Ltd | Equity | ₹244.51 Cr | 1.40% |
| Crompton Greaves Consumer Electricals Ltd | Equity | ₹243.79 Cr | 1.39% |
| Bajaj Finance Ltd | Equity | ₹235.75 Cr | 1.35% |
| AU Small Finance Bank Ltd | Equity | ₹234.21 Cr | 1.34% |
| Bharat Electronics Ltd | Equity | ₹233.62 Cr | 1.34% |
| Ipca Laboratories Ltd | Equity | ₹232.76 Cr | 1.33% |
| GAIL (India) Ltd | Equity | ₹225.43 Cr | 1.29% |
| ITC Ltd | Equity | ₹221.8 Cr | 1.27% |
| Cipla Ltd | Equity | ₹209.8 Cr | 1.20% |
| Oil & Natural Gas Corp Ltd | Equity | ₹205.7 Cr | 1.18% |
| Bharat Forge Ltd | Equity | ₹192.36 Cr | 1.10% |
| Max Financial Services Ltd | Equity | ₹173.03 Cr | 0.99% |
| Coromandel International Ltd | Equity | ₹169.07 Cr | 0.97% |
| KEC International Ltd | Equity | ₹162.07 Cr | 0.93% |
| PNB Housing Finance Ltd | Equity | ₹161.16 Cr | 0.92% |
| Vardhman Textiles Ltd | Equity | ₹159.96 Cr | 0.91% |
| SBI Cards and Payment Services Ltd Ordinary Shares | Equity | ₹157.1 Cr | 0.90% |
| Century Plyboards (India) Ltd | Equity | ₹154.82 Cr | 0.89% |
| ACC Ltd | Equity | ₹154.77 Cr | 0.88% |
| UltraTech Cement Ltd | Equity | ₹152.54 Cr | 0.87% |
| Shriram Finance Ltd | Equity | ₹148.32 Cr | 0.85% |
| Ahluwalia Contracts (India) Ltd | Equity | ₹147.43 Cr | 0.84% |
| Container Corporation of India Ltd | Equity | ₹144.08 Cr | 0.82% |
| Gujarat Fluorochemicals Ltd Ordinary Shares | Equity | ₹138.33 Cr | 0.79% |
| Exide Industries Ltd | Equity | ₹135.27 Cr | 0.77% |
| Atul Ltd | Equity | ₹134.6 Cr | 0.77% |
| Alembic Pharmaceuticals Ltd | Equity | ₹132.67 Cr | 0.76% |
| Godrej Industries Ltd | Equity | ₹132.29 Cr | 0.76% |
| Gujarat State Petronet Ltd | Equity | ₹132.06 Cr | 0.76% |
| Finolex Cables Ltd | Equity | ₹117.37 Cr | 0.67% |
| Alkem Laboratories Ltd | Equity | ₹116.79 Cr | 0.67% |
| Jindal Steel & Power Ltd | Equity | ₹115.84 Cr | 0.66% |
| GHCL Ltd | Equity | ₹101.02 Cr | 0.58% |
| Sansera Engineering Ltd | Equity | ₹96.16 Cr | 0.55% |
| REC Ltd | Equity | ₹93.75 Cr | 0.54% |
| G R Infraprojects Ltd | Equity | ₹91.17 Cr | 0.52% |
| KNR Constructions Ltd | Equity | ₹84.12 Cr | 0.48% |
| Polycab India Ltd | Equity | ₹79.1 Cr | 0.45% |
| Pfizer Ltd | Equity | ₹67.99 Cr | 0.39% |
| IIFL Finance Ltd | Equity | ₹59.11 Cr | 0.34% |
| Bharti Airtel Ltd (Partly Paid Rs.1.25) | Equity | ₹35.54 Cr | 0.20% |
| Net Receivables/Payables | Cash | ₹-7.4 Cr | 0.04% |
Allocation By Market Cap (Equity)
Large Cap Stocks
63.67%
Mid Cap Stocks
19.06%
Small Cap Stocks
15.67%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹6,012.2 Cr | 34.38% |
| Consumer Cyclical | ₹1,836.55 Cr | 10.50% |
| Technology | ₹1,512.58 Cr | 8.65% |
| Industrials | ₹1,498.24 Cr | 8.57% |
| Basic Materials | ₹1,409.71 Cr | 8.06% |
| Healthcare | ₹1,375.05 Cr | 7.86% |
| Energy | ₹1,073.58 Cr | 6.14% |
| Consumer Defensive | ₹951.04 Cr | 5.44% |
| Communication Services | ₹811.7 Cr | 4.64% |
| Utilities | ₹728.22 Cr | 4.16% |
Risk & Performance Ratios
Standard Deviation
This fund
13.14%
Cat. avg.
12.69%
Lower the better
Sharpe Ratio
This fund
1.17
Cat. avg.
1.00
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.89
Higher the better
Fund Managers
Rohit Singhania
Since July 2015
Additional Scheme Detailsas of 31st August 2024
ISIN | INF740K01OK1 | Expense Ratio | 0.68% | Exit Load | No Charges | Fund Size | ₹17,488 Cr | Age | 11 years 9 months | Lumpsum Minimum | ₹500 | Fund Status | Open Ended Investment Company | Benchmark | Nifty 500 TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
- If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
- If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
- Holding the units: No tax is applicable as long as you continue to hold the units.
Dividend Taxation:
Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar ELSS (Tax Savings) Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Tata India Tax Savings Fund Direct Growth Very High Risk | 0.7% | 0.0% | ₹4806.05 Cr | 39.0% |
| Tata India Tax Savings Fund Regular Growth Very High Risk | 1.8% | 0.0% | ₹4806.05 Cr | - |
| Axis Long Term Equity Fund Regular Growth Very High Risk | 1.5% | 0.0% | ₹38422.94 Cr | - |
| Parag Parikh Tax Saver Fund Direct Growth Very High Risk | 0.6% | 0.0% | ₹4152.25 Cr | 37.0% |
| Parag Parikh Tax Saver Fund Regular Growth Very High Risk | 1.7% | 0.0% | ₹4152.25 Cr | 35.5% |
| Shriram Long Term Equity Fund Direct Growth Very High Risk | 0.7% | 0.0% | ₹56.61 Cr | 39.0% |
| Shriram Long Term Equity Fund Regular Growth Very High Risk | 2.3% | 0.0% | ₹56.61 Cr | 36.7% |
| ITI Long Term Equity Fund Direct Growth Very High Risk | 0.5% | 0.0% | ₹398.29 Cr | - |
| ITI Long Term Equity Fund Regular Growth Very High Risk | 2.3% | 0.0% | ₹398.29 Cr | 51.9% |
| Sundaram Diversified Equity Regular Growth Very High Risk | 2.2% | 0.0% | ₹1673.99 Cr | - |
About the AMC
Total AUM
₹1,82,497 Cr
Address
West Wing, 11th Floor, Mumbai, 400021
Other Funds by DSP Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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What is the current NAV of DSP Tax Saver Fund Direct Growth?
The NAV of DSP Tax Saver Fund Direct Growth, as of 04-Oct-2024, is ₹155.05.
What is the portfolio composition of DSP Tax Saver Fund Direct Growth?
The fund's allocation of assets is distributed as 98.40% in equities, 0.00% in bonds, and 1.60% in cash and cash equivalents.
Who manages the DSP Tax Saver Fund Direct Growth?
The fund managers responsible for DSP Tax Saver Fund Direct Growth are:-
- Rohit Singhania
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.