December 29, 2025
RA Jainee
DSP ELSS Tax Saver Fund
| Fund at a Glance | |
| NAV Growth (Rs.) | 160.80 |
| NAV Bonus (Rs.) | — |
| NAV IDCW (Rs.) | 96.52 |
| Min. Investment (Rs.) | 500 |
| Min. SIP Investment (Rs.) | 500 |
| Min. No of Cheques | 6 |
| Benchmark | NIFTY 500 TRI |
| AUM Rs. | 17,570 Cr |
| (As on 30-Nov-2025) | |
| Expense | 0.66% |
| 1 Year Return (%) | 7.82 |
| 3 Year Return (%) | 21.26 |
| 5 Year Return (%) | 20.89 |
| 10 Year Return (%) | 17.41 |
| Return Since Launch | 17.76% |
⚖️ Sahifund Review — DSP ELSS Tax Saver Fund ✓
PLUS: Stability, track record, cost efficiency
DSP ELSS Tax Saver Fund offers a decade-plus track record (since 2013) with consistent long-term performance across market cycles. The fund has delivered strong 3-year and 5-year returns of ~21%, comfortably beating the benchmark and ELSS category averages. Its balanced large–midcap orientation helps manage downside risk while still participating in equity upswings. A competitive expense ratio of 0.66% enhances post-tax compounding, and the mandatory 3-year lock-in enforces disciplined investing. Backed by DSP Mutual Fund, the fund follows a research-driven, diversified approach.
MINUS: Large AUM, large-cap bias, momentum lag
With assets of over Rs. 17,500 Cr, the fund’s size can limit agility during sharp market rallies. Top-10 stock concentration (~45%) may cap alpha in momentum-heavy phases. Portfolio churn is relatively higher, and short-term outperformance can lag more aggressive ELSS peers during fast-moving bull runs.
Decisive Line (Sahifund View):
A reliable ELSS core holding for tax-saving SIP investors seeking steady compounding, reasonable costs, and controlled volatility over the long term.
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| NFO Guidance |
What lies ahead? Below we decode returns consistency, portfolio concentration, peer positioning and risk profile in detail.
Suitable For Which Investors?
When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. In addition, there is a tax benefit. Under Section 80C of the Indian income tax laws, investments of up to Rs 1.5 lakh in a financial year in eligible securities such as this fund are exempt from tax.
But be prepared for ups and downs in your investment value along the way. Also note that you cannot withdraw your money from this fund before completing three years from the date of investment.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy:
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.
Fund Manager:
1) Rohit Singhania
Education: Mr. Singhania is an MMS.
Experience: Prior to joining DSP AMC he has worked with HDFC Securities Ltd. and IL&FS Investsmart Limited.
Investment Details
| Min. Investment (Rs) | 500 |
| Min. Addl Investment (Rs) | 500 |
| Min. SIP Investment (Rs) | 500 |
| Min. Withdrawal (Rs) | 500 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | 500 |
| Lock-in Period | 3 Years |
| Exit Load | 0 |
Basic Details of DSP ELSS Tax Saver Fund
| Fund House | DSP Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 17.76% |
| Benchmark | NIFTY 500 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 17,570 Cr |
| (As on 30-Nov-2025) | |
| Expense | 0.66% |
| (As on 30-Nov-2025) | |
| Risk Grade | Average |
| Return Grade | Above Average |
| Turnover | 35.00% |
Trailing Returns (%) of DSP ELSS Tax Saver Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| DSP ELSS Tax Saver Dir | 7.78 | -0.37 | -0.14 | 5.87 | 2.52 | 7.82 | 21.26 | 20.89 | 19.45 | 17.41 |
| BSE 500 TRI | 7.20 | -0.30 | -0.72 | 4.73 | 1.72 | 6.97 | 16.64 | 17.09 | 16.05 | 14.88 |
| Equity: ELSS | 4.35 | -0.36 | -1.08 | 3.57 | 1.03 | 4.25 | 18.42 | 18.12 | 16.79 | 15.13 |
| Rank within category | 12 | 24 | 4 | 4 | 9 | 11 | 7 | 6 | 3 | 4 |
| Number of funds in category | 39 | 40 | 40 | 40 | 40 | 39 | 34 | 33 | 30 | 27 |
Peer Comparison of DSP ELSS Tax Saver Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| DSP ELSS Tax Saver Dir | 4 star | 7.82 | 21.26 | 20.89 | 0.66 | 17,570 | 17.76 | — | 12Y 11M | 35.00 |
| SBI ELSS Tax Saver Dir | 5 star | 6.34 | 24.86 | 22.59 | 0.92 | 32,327 | 16.40 | — | 12Y 11M | 12.00 |
| HDFC ELSS Tax Saver Dir | 5 star | 10.09 | 21.88 | 22.58 | 1.08 | 17,241 | 15.32 | — | 12Y 11M | 12.19 |
| Bandhan ELSS Tax Saver Dir | 4 star | 8.58 | 17.90 | 21.18 | 0.65 | 7,327 | 17.55 | — | 12Y 11M | 33.00 |
| Franklin India ELSS Tax Saver Dir | 4 star | 2.91 | 19.00 | 20.13 | 1.04 | 6,796 | 16.02 | — | 12Y 11M | 13.97 |
Portfolio Analysis of DSP ELSS Tax Saver Fund
| No. of Stocks | 62 |
| Top 10 Stocks | 45.14% |
| Top 5 Stocks | 31.11% |
| Top 3 Sectors | 62.91% |
| Portfolio P/B Ratio | 2.96 |
| Portfolio P/E Ratio | 19.96 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 2,14,874 | 2,12,744 |
| Giant (%) | 59.72 | 57.04 |
| Large (%) | 14.04 | 17.86 |
| Mid (%) | 23.14 | 22.09 |
| Small (%) | 3.10 | 7.17 |
| Tiny (%) | — | 0.16 |
Disclaimer: Mutual fund investments are subject to market risks. Read all scheme related documents carefully
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