DSP ELSS Tax Saver Fund - Regular Plan - IDCW

DSP ELSS Tax Saver Fund - Regular Plan - IDCW is a fund scheme from DSP mutual fund. It falls under a ELSS category. After being launched on 2007-01-18. DSP ELSS Tax Saver Fund - Regular Plan - IDCW has achieved Rs 15985.06 Crores worth of assets under management (AUM). It allows minimum SIP of Rs 500 and lumpsum of Rs 500 to start the investment. The expense ratio of this fund is 1.64%.

• Investing Strategy:

  The primary investment objective of the Scheme is to seek 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 to avail of a deduction from total income, as permitted under the Income Tax Act, 1961 from time to time.

• Performance:

  DSP ELSS Tax Saver Fund - Regular Plan - IDCW trailing returns over different times are 12.15% (1 year), 19.08% (3 year), 25.78% (5 year). The average annual return of this fund stands at 12.15%

• Fund Manager & Portfolio Allocation:

  Rohit Singhania, Charanjit Singh are the current fund managers of this mutual fund. The fund has a majority of its money invested in the top 5 sectors such as Financial Services, Healthcare, Consumer Cyclical, Basic Materials, Technology, Sectors. First five holdings of this fund are HDFC Bank Ltd, ICICI Bank Ltd, Axis Bank Ltd, State Bank of India, Kotak Mahindra Bank Ltd, Treps / Reverse Repo Investments, Net Receivables/Payables Companies.