DSP ELSS Tax Saver Fund Direct Plan Growth
Equity
Direct
Elss (Tax Savings)
NAV: ₹ 128.05 as on 24-04-2024
Fund Performance
13427 people have invested ₹ 7.6Cr in DSP ELSS Tax Saver Fund Direct Plan Growth in the last three months
Mutual Fund Insights
Over the last 1 month, this fund has increased expense ratio by 9.7% moving from 0.72 to 0.79.
This fund expense ratio is slightly on the lower side within the category (elss (tax savings)). Its expense ratio is 0.79% which is lower than the category average expense ratio of 1.29%.
In the last 5 years, Quant ELSS Tax Saver Growth Option Direct Plan has given 33.95% return, outperforming this fund by 13.34% per annum.
In the last 3 years, Quant ELSS Tax Saver Growth Option Direct Plan has given 32.74% return, outperforming this fund by 9.94% per annum.
In the last 1 year, Quant ELSS Tax Saver Growth Option Direct Plan has given 63.72% return, outperforming this fund by 19.38%.
INDmoney Rank of DSP ELSS Tax Saver Fund Direct Plan Growth
Powered by IND quant engine
9
/23
60% Performance
39% Risk Management
57% Cost
9 out of 23 among elss (tax savings)
Pros
Larger AUM within category
5Y returns in the top 25% of the category
Beats FD returns for both 3Y & 5Y
Cons
No bad points found for this fund.
About the DSP ELSS Tax Saver Fund Direct Plan Growth
DSP ELSS Tax Saver Fund Direct Plan Growth 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
- DSP ELSS Tax Saver Fund Direct Plan Growth has ₹14076 Cr worth of assets under management (AUM) as on Mar 2024 and is more than category average.
- The fund has an expense ratio 0.8.
DSP ELSS Tax Saver Fund Direct Plan Growth Overview
 | 0.79% |
 Benchmark | S&P BSE 200 India TR INR |
 | ₹14076 Cr |
 | 1 January, 2013 |
 | ₹500/₹500 |
 | 0% |
 | 3 Years |
 TurnOver | 35.05% |
DSP ELSS Tax Saver Fund Direct Plan Growth Distribution as on (31-Mar-24)
Size breakup
Large cap
62.1%
Mid cap
23.7%
Small cap
11.6%
Sector Allocation
Financial Services
36.9%
Consumer Cyclical
12.3%
Health
8.4%
Basic Materials
8.2%
Tech
8.2%
Industrial
6.8%
Consumer Defensive
5.5%
Energy
5.2%
Communication
4.3%
Utilities
4.2%
Top Holdings of DSP ELSS Tax Saver Fund Direct Plan Growth as on (31-Mar-24)
Equity Holdings67
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Bank Ltd | 8.43% | 0% | |
 HDFC Bank Ltd | 7.44% | 5.9% | |
 State Bank of India | 4.68% | -5% | |
 Axis Bank Ltd | 3.12% | 16.3% | |
 Mahindra & Mahindra Ltd | 2.86% | 0% |
See all
DSP ELSS Tax Saver Fund Direct Plan Growth: Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at -0.96% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.47% as on Mar'24
- This fund underperformed Nifty 500 by 0.49% in Mar'24
AUM Change
- AUM of the fund stands at 14.1K Cr as of Mar'24
- AUM decreased by 71.4 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers in DSP ELSS Tax Saver Fund Direct Plan Growth portfolio Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Indus Towers Ltd | 38.8% |
 Bajaj Finance Ltd | 12% |
 Bharti Airtel Ltd | 4.9% |
Top Losers | 1M Return |
|---|---|
 Coforge Ltd | -9% |
 Infosys Ltd | -7.9% |
 IIFL Finance Ltd | 9.5% |
Peer Analysis
DSP ELSS Tax Saver Fund Direct Plan Growth Fund Manager
Rohit Singhania
Fund Manager of DSP ELSS Tax Saver Fund Direct Plan Growth, since 16 July 2015
Top funds managed
Charanjit Singh
Fund Manager of DSP ELSS Tax Saver Fund Direct Plan Growth, since 1 May 2023
Top funds managed
DSP ELSS Tax Saver Fund Direct Plan Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 18.28% since inception which is more than its category average return of 15.65%
Fund Allocations
This fund has an allocation of 97.43% in Equity, 0% in Debt and 2.57% in Cash related instruments
AUM size ₹14076 Cr
This fund has AUM of ₹14076 Cr which is more than its category average of ₹ 3525 Cr
Expense Ratio 0.79%
This fund has an expense ratio of 0.79% 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 Growth is ₹128.05 as on 24-Apr-2024.
Existing (Absolute + CAGR) as on 24-Apr-2024.
DSP ELSS Tax Saver Fund Direct Plan Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 4.39% | 4.39% |
6 Month Returns | 24.13% | 24.13% |
1 Year Returns | 44.33% | 44.33% |
3 Years Returns | 85.19% | 22.8% |
5 Years Returns | 155.2% | 20.61% |
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0.79% as on March 2024
₹14076 Cr as on March 2024
ICICI Bank Ltd(8.43%), HDFC Bank Ltd(7.44%), State Bank of India(4.68%), Axis Bank Ltd(3.12%), Mahindra & Mahindra Ltd(2.86%) as on March 2024
Financial Services(35.99%), Consumer Cyclical(11.98%), Health(8.2%) as on March 2024
The alpha ratio for the DSP ELSS Tax Saver Fund Direct Plan Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
DSP ELSS Tax Saver Fund Direct Plan Growth | 0.04 | 2.38 | 2.28 |
As on March 2024
The alpha for DSP ELSS Tax Saver Fund Direct Plan Growth 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 Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
DSP ELSS Tax Saver Fund Direct Plan Growth | 1.03 | 0.92 | 0.98 |
As on March 2024
The Beta for DSP ELSS Tax Saver Fund Direct Plan Growth 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 Growth 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 Growth | 2.55 | 1.15 | 0.78 |
As on March 2024
The sharpe ratio for DSP ELSS Tax Saver Fund Direct Plan Growth 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 Growth 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 Growth | 11.41 | 12.82 | 18.96 |
As on March 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 2.21 as on March 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.41 as on March 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 Growth
The Exit load of DSP ELSS Tax Saver Fund Direct Plan Growth is 0%