DSP ELSS Tax Saver Fund - Regular Plan - Growth

DSP ELSS Tax Saver Fund - Regular Plan - Growth is a scheme launched by DSP Mutual Fund on January 18, 2007, and falls under the ELSS fund category. It currently manages an AUM of Rs 16,980.66 crore. The fund permits investments with a minimum SIP of Rs 500 and a lump sum of Rs 500. It charges an expense ratio of 1.64% for managing the portfolio.

• 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 - Growth trailing returns over different times are -2.73% (1 year), 18.19% (3 year) and 23.48% (5 year). The average annual return of this fund stands at 2.36%.