DSP ELSS Tax Saver Direct Plan Growth

Equity
ELSS
Very High Risk
3Y Lock In
23.19%
3Y annualised
+0.94% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 01 Dec 2023₹111.48
Min. SIP amount₹500
Rating4
Fund size₹11,693.11Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Equity ELSS
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns19.1%23.2%19.1%17.5%
Category average16.9%19.9%15.6%NA
Rank with in category13115NA
Understand terms

Holdings (66)

NameSectorInstrumentAssets
FinancialEquity6.5%
FinancialEquity6.2%
FinancialEquity3.7%
FinancialEquity3.6%
TechnologyEquity3.0%
AutomobileEquity2.9%
Consumer StaplesEquity2.9%
TechnologyEquity2.6%
EnergyEquity2.3%
FinancialEquity2.2%
See All

Pros and cons

Category: Equity ELSS

Pros

Cons

Consistently higher annualised returns than category average for the past 1Y, 3Y, 5Y and 10Y
Lock-in period: 3Y
Higher alpha: 3.45 The fund has generated returns higher than benchmark - NIFTY 500 Total Return Index - in the last 3Y
Exit load is zero
Lower expense ratio: 0.72%

Expense ratio, exit load and tax

Expense ratio: 0.72%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹500
Min. for 2nd investment onwards₹500
Min. for SIP₹500

Fund management

Rohit Singhania
Jul 2015 - Present
View details

Charanjit Singh
May 2023 - Present
View details

Education
Mr. Singh is a B. Tech - Electronics and Communication, MBA - Finance & Systems
Experience
Prior to joining DSP Mutual Fund, he has worked with Capital Goods, Power & Infra at B&K Securities India, Capital Goods and Infra at Axis Capital Ltd., BNP Paribas India Securities, Thomas Weisel Partners, HSBC, IDC Corp. and Frost & Sullivan.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
NATRAJ, Office No. 302-3rd Floor-Plot No. 194, MV Road JunctionWestern Express Highway,Andheri East Mumbai 400069
Phone
1800-208-4499 / 1800-200-4499
Launch Date
16 Dec 1996
E-mail
NA
Website
DSP Mutual Fund
Asset Management Company
Custodian
NA
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

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