DSP ELSS Tax Saver Fund Direct Plan Reinvestment of Inc Distribution cum capital wthdrwl opt

DSP ELSS Tax Saver Fund Direct Plan Reinvestment of Inc Distribution cum capital wthdrwl opt

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Equity
Direct
Elss (Tax Savings)
NAV: ₹ 84.18 as on 23-05-2024

About the Fund

DSP ELSS Tax Saver Fund Direct Plan Reinvestment of Inc Distribution cum capital wthdrwl opt is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Rohit Singhania, Charanjit Singh. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. DSP ELSS Tax Saver Fund Direct Plan Reinvestment of Inc Distribution cum capital wthdrwl opt has ₹14860 Cr worth of assets under management (AUM) as on Apr 2024 and is more than category average.
  2. The fund has an expense ratio 0.8.
Fund Performance

Overview

Expense ratio
Expense ratio
0.76%
Benchmark
Benchmark
S&P BSE 200 India TR INR
AUM
AUM
₹14860 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
--/--
Exit Load
Exit Load
0%
Lock In
Lock In
3 Years
TurnOver
TurnOver
35.05%

DSP ELSS Tax Saver Fund Direct Plan Reinvestment of Inc Distribution cum capital wthdrwl opt Distribution as on (30-Apr-24)

  • Equity 98.6%

  • Debt & Cash 1.4%

Size breakup

Large cap
61.7%
Mid cap
25.3%
Small cap
11.6%
Sector Allocation

Apr'24

Mar'24

Feb'24

Financial Services
37.1%
Consumer Cyclical
13.2%
Basic Materials
8.6%
Health
7.7%
Tech
7.1%
Industrial
7.1%
Consumer Defensive
5.4%
Energy
5.1%
Communication
4.6%
Utilities
4.2%

Top Holdings of DSP ELSS Tax Saver Fund Direct Plan Reinvestment of Inc Distribution cum capital wthdrwl opt as on (30-Apr-24)

  • Equity

Equity Holdings68

Monthly Changes Updates

All changes are between Feb'24 and Apr'24
Fund Performance
Apr'24
Mar'24
Feb'24
Fund Returns
5.89%
-0.96%
1.69%
Nifty 500
2.46%
-0.47%
1.58%
  • This fund’s returns stands at 5.89% whereas the fund’s underlying benchmark Nifty 500 returns stands at 2.46% as on Apr'24
  • This fund outperformed Nifty 500 by 3.43% in Apr'24
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 14.9K Cr
₹ 14.1K Cr
₹ 14.1K Cr
  • AUM of the fund stands at 14.9K Cr as of Apr'24
  • AUM increased by 784 Cr between Apr'24 and Mar'24
Fund Portfolio Changes

Fund Manager

Rohit Singhania
Rohit Singhania
Fund Manager of DSP ELSS Tax Saver Fund Direct Plan Reinvestment of Inc Distribution cum capital wthdrwl opt, since 16 July 2015
Charanjit Singh
Charanjit Singh
Fund Manager of DSP ELSS Tax Saver Fund Direct Plan Reinvestment of Inc Distribution cum capital wthdrwl opt, since 1 May 2023

DSP ELSS Tax Saver Fund Direct Plan Reinvestment of Inc Distribution cum capital wthdrwl opt Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 18.54% since inception which is more than its category average return of 16.03%
Fund Allocations

Fund Allocations

This fund has an allocation of 98.6% in Equity, 0% in Debt and 1.4% in Cash related instruments
AUM size ₹14860 Cr

AUM size ₹14860 Cr

This fund has AUM of ₹14860 Cr which is more than its category average of ₹ 3661 Cr
Expense Ratio 0.76%

Expense Ratio 0.76%

This fund has an expense ratio of 0.76% which is less than its category average expense ratio of 1.48%

Frequently Asked Questions

The current NAV of DSP ELSS Tax Saver Fund Direct Plan Reinvestment of Inc Distribution cum capital wthdrwl opt is ₹84.18 as on 23-May-2024.
Existing (Absolute + CAGR) as on 23-May-2024.
DSP ELSS Tax Saver Fund Direct Plan Reinvestment of Inc Distribution cum capital wthdrwl opt
Absolute Returns
CAGR Returns
1 Month Returns
4.89%
4.89%
6 Month Returns
22.65%
22.65%
1 Year Returns
43.42%
43.42%
3 Years Returns
77.16%
21%
5 Years Returns
162.85%
21.32%
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0.76% as on April 2024
₹14860 Cr as on April 2024
HDFC Bank Ltd(7.89%), ICICI Bank Ltd(7.88%), State Bank of India(4.66%), Axis Bank Ltd(3.29%), Power Finance Corp Ltd(2.98%) as on April 2024
Financial Services(36.6%), Consumer Cyclical(13.04%), Basic Materials(8.45%) as on April 2024
The alpha ratio for the DSP ELSS Tax Saver Fund Direct Plan Reinvestment of Inc Distribution cum capital wthdrwl opt for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
DSP ELSS Tax Saver Fund Direct Plan Reinvestment of Inc Distribution cum capital wthdrwl opt
1.45
2.35
2.46
As on April 2024
The alpha for DSP ELSS Tax Saver Fund Direct Plan Reinvestment of Inc Distribution cum capital wthdrwl opt is calculated against S&P BSE 200 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the DSP ELSS Tax Saver Fund Direct Plan Reinvestment of Inc Distribution cum capital wthdrwl opt for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
DSP ELSS Tax Saver Fund Direct Plan Reinvestment of Inc Distribution cum capital wthdrwl opt
1.08
0.94
0.98
As on April 2024
The Beta for DSP ELSS Tax Saver Fund Direct Plan Reinvestment of Inc Distribution cum capital wthdrwl opt is calculated with S&P BSE 200 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the DSP ELSS Tax Saver Fund Direct Plan Reinvestment of Inc Distribution cum capital wthdrwl opt for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
DSP ELSS Tax Saver Fund Direct Plan Reinvestment of Inc Distribution cum capital wthdrwl opt
2.61
1.21
0.82
As on April 2024
The sharpe ratio for DSP ELSS Tax Saver Fund Direct Plan Reinvestment of Inc Distribution cum capital wthdrwl opt is calculated with S&P BSE 200 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the DSP ELSS Tax Saver Fund Direct Plan Reinvestment of Inc Distribution cum capital wthdrwl opt for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
DSP ELSS Tax Saver Fund Direct Plan Reinvestment of Inc Distribution cum capital wthdrwl opt
11.85
13.04
19.05
As on April 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 2.36 as on April 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.41 as on April 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Rohit Singhania, Charanjit Singh are the fund managers of DSP ELSS Tax Saver Fund Direct Plan Reinvestment of Inc Distribution cum capital wthdrwl opt
The Exit load of DSP ELSS Tax Saver Fund Direct Plan Reinvestment of Inc Distribution cum capital wthdrwl opt is 0%