Why should you opt for DSP Tax Saver Fund?

Mutual Fund

DSP Tax Saver Fund is an open ended equity tax saving mutual fund. It was launched on January 18, 2007. The investment objective of DSP Tax Saver Fund is to primarily invest in equity instruments of corporates in order to generate capital for medium to long term period. Also, this fund aims in tax deduction under Income Tax Act, 1961. 

If you see the past performance of DSP Tax Saver Fund regular plan growth scheme, it has been successful in generating return of 15.79& and 17.28% in last 3 and 5 years respectively. You can invest in DSP Tax Saver Fund sip mode which is do not burn your pocket while investing in mutual fund online.

DSP Tax Saver Fund Facts

  • DSP Tax Saver Fund portfolio allocates 95.22% in equity stocks out of which 72.02% in large cap, 12.05% in small cap and 11.15% in mid cap stocks.
  • You can go for DSP Tax Saver Fund invest online which is very simple and time saving investment mode.
  • Minimum investment in DSP Tax Saver Fund sip method is Rs. 500.
  • DSP Tax Saver Fund regular plan has a 3 year lock-in period for capital generation.
  • DSP Tax Saver Fund is a part of mutual fund tax exemption scheme under Section 80C. The tax benefit from this mutual fund is up to Rs. 1.5 lakhs.
  • This fund is suitable for those who wants to earn a good amount of return from mutual fund investment and can also enjoy the benefit of tax deduction. 
  • DSP Tax Saver Fund exit load is nil.

Top 5 Sectors of DSP Tax Saver Fund

S.No. Holding Name Net Assets (in %)
1 Bank – Private 25.64
2 Pharmaceuticals and Drugs 8.35
3 IT – Software 7.24
4 Engineering – Construction 4.36
5 Cement and Construction Materials 3.87

(as on date- 09/04/2019)

Top 10 Holdings of DSP Tax Saver Fund

S.No. Holding Name Net Assets (in %)
1 ICICI Bank Limited 9.11
2 HDFC Bank Limited 8.35
3 Axis Bank Limited 4.56
4 TREPS / Reverse Repo Investments / Corporate Debt Repo 4.14
5 State Bank of India 3.83
6 Larsen & Toubro Limited 3.57
7 Asian Paints Limited 2.71
8 Bharat Financial Inclusion Limited 2.7
9 Aurobindo Pharma Limited 2.53
10 Kotak Mahindra Bank Limited 2.5

(as on date- 09/04/2019)

Details of DSP Tax Saver Fund

Date of Inception- 18th January, 2007

Fund Manager- Mr. Rohit Singhania

Benchmark- NIFTY 500 TRI

Riskometer- Moderately High

Return Since Launch- 13.71%

AUM- Rs. 5413.31 crore (as on 31st Mar, 2019)

DSP Tax Saver Fund performance is shown in the below mentioned table-

  1-Year 3-Year 5-Year 10-Year
Fund 4.13 15.79 17.28 18.92
S&P BSE 500 TRI 6.47 16.61 14.17 16.17
Category 1.01 14.32 14.95 16.74
Rank within Category 10 9 5 3
Number of funds in category 36 34 29 26
As on Apr 09, 2019

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